Crypto exchange Kraken is trying to become a bank in Europe
Kraken’s focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.
Bitcoin Records Worst June in Four Years – Is a Cyclical Bottom in Play?
On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance, there is speculation that the market may be nearing a cyclical bottom, but this remains unconfirmed. In the meantime, analysts at the crypto exchange Bitfinex…
BonkDAO’s estimated $20M drain exposes how memecoin treasuries can be raided by a simple vote
BonkDAO said a governance proposal drained about $20 million in BONK from its treasury, exposing how DAO votes can become a path to treasury funds. The group behind BONK said the proposal was malicious and that investigators had identified exchange wallets that had been used to buy BONK ahead of the vote. It added that…
TeraWulf’s $19B Anthropic Lease Turns Bitcoin Miner Into AI Landlord
TeraWulf has signed a 20-year lease with Anthropic for a 401 MW AI data center campus at its Justified Data site in Hawesville, Kentucky, locking in approximately $19 billion in contracted revenue, a figure that exceeds the bitcoin miner’s entire current market cap of roughly $12 billion. The deal forces a straightforward question onto the…
ANSEM soars 299% and brings Solana’s memecoin trenches back to life – but do we need it now?
The Black Bull (ANSEM) is up roughly 299% over seven days, trading with $64.9 million in 24-hour volume and a market cap near $173 million, per CoinGecko. That size puts ANSEM in a category that traders treat as a read on Solana’s broader risk appetite. Traders are calling the move a sign the trenches are…
Analyst Predicts 2-3 Years of Crypto Gains as Risk-On Environment Emerges
Crypto analyst Matthew Hyland says the macro backdrop that punished digital currencies for four straight years is finally turning, pointing to patterns that came before crypto’s two biggest bull runs. In a pair of posts on X, he argued that the market is entering a two- to three-year stretch of what he calls “max opportunity,”…
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion.
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows so-called Reg Crypto high on its near-term list.
Analysts see more upside for SpaceX as post-IPO research begins
Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company’s $75 billion June IPO.
NOBLE Endorses CLARITY Act as Major County Sheriffs Drop Opposition
The CLARITY Act picked up its first major public law enforcement endorsement on July 1 when the National Organization of Black Law Enforcement Executives (NOBLE) formally backed the bill, and two days later Major County Sheriffs of America withdrew its opposition entirely, shifting to neutral. Two organized law enforcement bodies moving constructively on the same…