Trump’s CFTC nominee Brian Quintenz says blockchain will reshape industries beyond finance and calls for clear crypto rules to protect US leadership.
Cryptocurrency News
South Korea’s Democratic Party advances Digital Asset Basic Act to regulate crypto [btcmanager]
South Korea’s Democratic Party has formally proposed the Digital Asset Basic Act, introducing a stablecoin licensing regime and expanded oversight under President Lee Jae-myung’s administration. During a June 10 press conference, lawmaker Min Byeong-deok announced the bill’s submission, calling it…
Bitcoin Coinbase Premium hits 4-month high as 550K BTC leaves exchanges [cointelegraph]
Bitcoin demand in the US is rising, while spot exchanges see their reserves decline by one third in less than a year, per new data from CryptoQuant.
Fartcoin breaks out as golden cross and shark pattern point to $2 rally ahead [btcmanager]
Fartcoin could potentially see significant gains ahead amid hype surrounding an upcoming spot listing on Coinbase. According to data from crypto.news, Fartcoin (FARTCOIN) shot up 22% to an intraday high of $1.26 on June 10, morning Asian time, pushing its…
Fartcoin breaks out as golden cross and shark pattern point to $2 rally ahead [btcmanager]
Fartcoin could potentially see significant gains ahead amid hype surrounding an upcoming spot listing on Coinbase. According to data from crypto.news, Fartcoin (FARTCOIN) shot up 22% to an intraday high of $1.26 on June 10, morning Asian time, pushing its…
Staked Injective ETF in sight as Canary Capital registers Delaware trust [btcmanager]
Canary Capital has registered a Delaware trust for a staked Injective ETF, marking an early step toward potentially launching a tradable INJ product in the U.S. Canary Capital has established a trust for an exchange-traded fund offering exposure to staked…
Circle IPO prompts $50m investment from Japan’s SBI Holdings [btcmanager]
Japanese banking firm SBI Holdings has announced a $50 million joint investment into Circle, following its recent $1.1 billion IPO. According to the financial giant’s official press release, the total investment worth at least $50 million will be divided equally…
Uphold weighs IPO or sale at $1.5B+ valuation [btcmanager]
Uphold is weighing a potential initial public offering or strategic sale as it explores ways to fuel further growth. Digital asset platform Uphold is exploring a potential IPO in the U.S. or a strategic sale, CEO Simon McLoughlin told The…
Solana eyes institutional use; Lightchain AI attracts early movers with presale [btcmanager]
As Solana courts institutions, Lightchain AI is winning early investors with $21m raised, a completed 15-stage presale, and real AI infrastructure already in motion. #partnercontent
Analysts think Circle’s IPO signals caution for Bitcoin, here’s why [btcmanager]
The recent public listing of stablecoin USDC issuer Circle has been all the buzz lately, particularly following its strong debut. But could the success have negative implications for Bitcoin? A recent report from crypto market analyst 10x Research suggests Circle’s…