Crypto markets wobble after hawkish Fed outlook in Kevin Warsh’s first FOMC meeting
Most major cryptocurrencies fell between 1% and 3% following the decision, with bitcoin dropping to $64,150.
The Block•Kyle Baird17 JunThe Block — page 58
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page 58 of 61The Block•Kyle Baird17 Jun
‘One of the most anti-crypto laws in the US’: Illinois Gov. Pritzker signs 0.2% crypto tax
Crypto industry lobbyists and representatives are speaking out against the Digital Asset Tax Act passed into law in Illinois on Tuesday.
The Block•Daniel Kuhn17 Jun
Polychain and Coinbase-backed Satori Finance DEX winds down citing ‘unfavorable market conditions’
Satori raised $10 million in a May 2022 seed round led by Polychain Capital with participation from Coinbase, Jump and others.
The Block•Daniel Kuhn17 Jun
Trump comments fuel dispute over Polymarket’s $120 million ‘permanent’ Iran peace deal market
Polymarket traders clash over whether a U.S.-Iran memorandum qualifies as a permanent peace deal.
The Block•Kyle Baird17 Jun
‘Biggest spend of the cycle:’ Fairshake crypto PAC’s pick Barry Moore wins Alabama GOP Senate primary
Rep. Barry Moore clinched a win in Alabama after being bolstered by millions of dollars from the crypto industry.
The Block•Sarah Wynn17 Jun
EarnOS launches anti-AI slop app, raises $6 million from 1kx, Circle and Coinbase
Ero app is designed to help brands verify human internet traffic, reduce wastes caused by bots, and reward "authentic digital behavior," said EarnOS.
The Block•RT Watson17 Jun
Bhutan sends $34.5 million in bitcoin to Binance, holdings fall below 1,750 BTC: Arkham
Bhutan transferred 533 BTC worth $34.5 million to Binance, leaving state-linked wallets holding 1,749.96 BTC, Arkham data shows.
The Block•Brian Danga17 Jun
Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others participating.
The Block•Yogita Khatri17 Jun
Limitless CEO says no prediction market platform will dominate, citing perpetual futures precedent
Limitless CEO CJ Hetherington tells Bernstein no platform will dominate prediction markets, sizing the institutional opportunity 10x sports.
The Block•Naga Avan-Nomayo17 Jun
‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
The Block•Sarah Wynn17 Jun
Bitcoin holds below $65,000 as Warsh faces first FOMC test and Strategy concerns linger
BTC trades below $65K, with the Fed expected to hold rates while inflation sits near a three-year high ahead of Warsh's first FOMC meeting.
The Block•Naga Avan-Nomayo17 Jun
Benchmark sees Coinbase moving past ‘cyclical crypto brokerage,’ reiterates $270 price target
Benchmark reiterated its Buy rating on Coinbase, citing an expansive product rollout pushing it beyond a "cyclical crypto brokerage."
The Block•Brian Danga17 Jun
‘Long-term holders are hodling’: K33 says record supply metric suggests bear market may be nearing an end
K33 said stabilizing conditions and trading activity falling back to yearly lows reflect a market where holders are reluctant to sell.
The Block•James Hunt17 Jun
Zama, Morpho and Steakhouse launch first ‘confidential DeFi yield’ vault on Ethereum
Zama, Morpho and Steakhouse launch the first confidential DeFi yield vault on Ethereum, letting firms earn yield without exposed balances.
The Block•Naga Avan-Nomayo17 Jun
Australia’s High Court backs regulator in Block Earner crypto yield case
Australia’s High Court unanimously ruled that Block Earner required a financial services licence, overturning a 2025 appeal decision.
The Block•Brian Danga17 Jun
Senate, House reach agreement on housing bill banning CBDC through 2030
US Senate and House leaders have jointly released an updated version of a housing legislation that includes a CBDC ban.
The Block•Danny Park17 Jun
US gaming industry groups urge Senate to ban sports prediction markets in crypto bill: report
US gaming groups called on Congress to ban sports and casino-style prediction markets in a crypto market structure bill, Semafor reported.
The Block•Timmy Shen17 Jun
Trump-backed World Liberty Financial nears OCC approval for federal trust charter: report
The federal trust bank charter grant would allow World Liberty to issue and redeem its USD1 stablecoin under a single federal regulator.
The Block•Danny Park17 Jun
Bipartisan senators push Treasury to uphold states’ authorities under the GENIUS Act
A group of bipartisan senators pressed the Treasury Department to preserve states' ability to regulate stablecoins.
The Block•Sarah Wynn16 Jun
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and international platforms.
The Block•Daniel Kuhn16 Jun