A prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar Wagers According to Lookonchain, the trader created a fresh wallet a day earlier and placed $7.19 million on Sweden to win and Japan not to win their match. […]
Bitcoin.com News•Shiraz Jagati27 Jun
While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual assets, as they lack the elements of traditional currency. Brazil’s Crypto Industry Opposes Stablecoin Designation As Virtual Currency While stablecoins have become immensely popular in […]
Bitcoin.com News•Sergio Goschenko27 Jun
The seizures come after a collaboration of law enforcement groups from Canada, Denmark, Germany, the Netherlands, and the U.S. attacked infrastructure that served criminals using SocGholish, Amadey, and StealC, three key “cybercrime-as-a-service” malware used to collect victims’ info and sensitive data. Europol Cracks Down on Malware-Powered Criminal Infrastructure Networks On Wednesday, Europol announced the completion […]
Bitcoin.com News•Sergio Goschenko27 Jun
STRC’s collapse below par has sparked intense debate as Strategy’s variable-rate preferred stock struggles beneath the $75 mark. Yet Polymarket bettors still see a path back, wagering that the stock will eventually reclaim its intended price, though not anytime soon. Few Companies Spark More Debate Right Now Than Strategy Few topics have captivated the crypto […]
Bitcoin.com News•Jamie Redman27 Jun
Digital asset market structure legislation is entering a decisive Senate stretch, with CLARITY Act supporters racing to secure action before August. Talks among lawmakers, the White House, industry representatives, and other stakeholders remain active as advocates press to move the bill toward a Senate vote. Digital Asset Market Structure Bill Enters a Narrow Senate Stretch […]
Bitcoin.com News•Kevin Helms27 Jun
Australian digital asset firms have until Sept. 30, 2026, to apply for or vary licenses after ASIC extended no-action relief for eligible crypto services, expanding coverage to more authorization arrangements while retaining enforcement powers after receiving about 30 licence applications. Digital Asset Firms Receive More Time to Seek AFS Licensing Australian digital asset firms have […]
Bitcoin.com News•Kevin Helms27 Jun
Senate timing constraints have weakened the CLARITY Act’s outlook as lawmakers face a crowded agenda before the August recess. Galaxy Digital’s research lowered its 2026 passage estimate to a 50-50 chance, citing no floor date, no motion to proceed, and no unified committee text. Senate Calendar Pressures Weigh on CLARITY Act Passage Outlook Senate scheduling […]
Bitcoin.com News•Kevin Helms27 Jun
Elon Musk’s SpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO, placing the newly public aerospace giant in some of the market’s most closely watched benchmarks. SpaceX Inclusion Highlights Growing Influence of Aerospace Innovation in Major Market Benchmark Elon Musk’s Space Exploration Technologies Corporation (Nasdaq: […]
Bitcoin.com News•Kevin Helms27 Jun
Caleb & Brown has implemented Ripple Payments to enable quicker U.S. dollar withdrawals for its brokerage clients, integrating Ripple’s network into fiat transfers to bridge crypto settlement speed with traditional banking systems. Earlier Ripple Partnership Expands Into Live USD Payment Infrastructure Caleb & Brown, a leading cryptocurrency brokerage managing more than $2 billion in digital […]
Bitcoin.com News•Kevin Helms27 Jun
A narrowing congressional calendar ahead of the midterm elections is putting pressure on Senate leaders to advance the CLARITY Act. Stand With Crypto, which represents more than one million members and supporters, warns that if Senate leaders don’t schedule a vote soon, bipartisan progress could be wasted. Stand With Crypto Says Federal Rules for Digital […]
Bitcoin.com News•Kevin Helms26 Jun
Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been fully contained, and refunds are being initiated for affected users in full. A Supply-Chain Attack, Not a Direct Breach Polymarket disclosed that a compromise at […]
Bitcoin.com News•Shiraz Jagati26 Jun
The U.S. Treasury, in collaboration with Chainalisys, took action against Huione, one of the largest enablers of crypto-money laundering operations for the Prince Group, a transnational criminal organization that targeted Americans with romantic fraud scams, also known as pig butchering operations. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud Infrastructure The Trump Administration is […]
Bitcoin.com News•Sergio Goschenko26 Jun
Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness. Buying Into a Broad Crypto-Equity Selloff ARK added 35,023 shares of Robinhood (Nasdaq: HOOD), worth […]
Bitcoin.com News•Shiraz Jagati26 Jun
Bitcoin snapped a two-day, $4,500 slide on Friday, experiencing choppy trading between $58,500 and $60,500 before settling around $60,000. Choppy Trading Snaps a Two-Day Slide Bitcoin oscillated between $58,500 and $60,500 on Friday, snapping a steep 48-hour decline that had shaved nearly $4,500 off its value. According to market data, the digital asset stabilized above […]
Bitcoin.com News•Terence Zimwara26 Jun
Binance will halt crypto asset services in European Union markets from July 1 after notifying customers that it could not meet the bloc’s Markets in Crypto-Assets (MiCA) licensing requirements before the regulatory deadline. Customer Emails Explain Service Changes as MiCA Access Changes Near Crypto exchange Binance has sent notices to customers in several European Union […]
Bitcoin.com News•Kevin Helms26 Jun
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody […]
Bitcoin.com News•Sergio Goschenko26 Jun
Crypto ETF flows deteriorated sharply on Thursday, June 25, as bitcoin ETFs posted a sixth straight day of outflows, with redemptions reaching $696 million. Ether funds also saw heavy exits, while HYPE and solana ETFs joined the selloff. HYPE ETFs Turn Negative After Weeks of Inflows as Crypto Selloff Widens The pressure that had been […]
Bitcoin.com News•Emmanuel Musa26 Jun
Republican lawmakers are feeling a renewed sense of urgency to pass the Digital Asset Market Clarity (CLARITY) Act before the U.S. Senate breaks for its August recess. The market-structure bill still needs at least seven Democratic votes to clear a 60-vote threshold. Pressure Builds as the Legislative Window Narrows The push was reported by Eleanor […]
Bitcoin.com News•Shiraz Jagati26 Jun
Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping ether seem to be the primary drivers behind this otherwise rare flip. Issuance Up, Ether Price Down The crossover put USDT ahead of ether ( ETH), the native […]
Bitcoin.com News•Shiraz Jagati26 Jun
XRP has collapsed more than 20% in June and 43% year-to-date, putting it on track for its second straight monthly loss. The Institutional Disconnect On June 25, XRP plunged to a yearly low of $1.01 amid a broader cryptocurrency market sell-off that dragged bitcoin down to $58,000. While XRP pared minor losses to trade around […]
Bitcoin.com News•Terence Zimwara26 Jun