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Supreme Court Rejects Coinbase's Request to Block IRS Access to Crypto Records

Supreme Court Rejects Coinbase's Request to Block IRS Access to Crypto Records

The United States Supreme Court has opted not to review a case involving a Coinbase user’s attempt to shield his cryptocurrency transaction records from an Internal Revenue Service (IRS) summons. This decision, announced in an order on Monday, upholds lower court rulings that permit the IRS to access specific

LIBRA Memecoin Lawsuit Intensifies as Hayden Davis Testifies to Deny Fraud Claims

LIBRA Memecoin Lawsuit Intensifies as Hayden Davis Testifies to Deny Fraud Claims

In a new development in the ongoing legal battle surrounding the LIBRA memecoin, Hayden Davis, CEO of Kelsier Ventures and the so-called mastermind behind the LIBRA scandal, has submitted a voluntary statement to a federal court in New York, addressing a class action lawsuit filed by U.S. investors. The

Vitalik Buterin Warns Digital Identity Systems Like Worldcoin Threaten Privacy

Vitalik Buterin Warns Digital Identity Systems Like Worldcoin Threaten Privacy

Ethereum co-founder Vitalik Buterin has voiced significant concerns about digital identity systems that rely on zero-knowledge proofs, warning that projects like Sam Altman’s World (formerly Worldcoin) could undermine online pseudonymity and introduce new vulnerabilities. In a detailed blog post published on June 28, 2025, Buterin outlined the risks of

Trump Champions Bitcoin Industry Growth at White House Press Briefing

Trump Champions Bitcoin Industry Growth at White House Press Briefing

President Donald Trump voiced strong support for the U.S. cryptocurrency industry during a White House press briefing on Friday, emphasizing its importance to the nation’s economy and global standing. He argued that Bitcoin and other digital assets are not only fostering job creation but also alleviating pressure on

New York City Aims to Become Global Crypto Capital Under Mayor Adams

New York City Aims to Become Global Crypto Capital Under Mayor Adams

New York City is positioning itself as a frontrunner in the global cryptocurrency race, driven by Mayor Eric Adams’ ambitious plans to overhaul restrictive regulations and integrate Bitcoin and crypto across the city. Speaking at the Tokenization and Programmable Real World Assets Injective Summit on June 26, 2025, Adams outlined

Crypto Exchange Gemini Expands into Tokenized Stocks with MSTR Launch for EU Traders

Crypto Exchange Gemini Expands into Tokenized Stocks with MSTR Launch for EU Traders

Crypto exchange Gemini is stepping into tokenized stocks, offering its European Union based traders a new way to invest in onchain equities. The firm announced on Friday that it will begin with tokenized shares of Strategy, formerly known as MicroStrategy (MSTR), with plans to introduce additional stocks and exchange-traded funds

Trump’s One Big Beautiful Bill Lacks Bitcoin Tax Provisions as Advocacy Grows

Trump’s One Big Beautiful Bill Lacks Bitcoin Tax Provisions as Advocacy Grows

The “One Big Beautiful Bill” (H.R.1), a sweeping legislative proposal introduced in the 119th Congress, has sparked interest within the Bitcoin and cryptocurrency community. Recent claims made by Bitcoin Magazine CEO David Bailey suggest the bill may include provisions to exempt Bitcoin transactions under $600 from capital gains

Trump Admin Considers Disclosing US Bitcoin Holdings as Strategic Reserve Plans Advance

Strategic Bitcoin Reserve

Trump Admin Considers Disclosing US Bitcoin Holdings as Strategic Reserve Plans Advance

The Trump administration is weighing a significant move to enhance transparency in its cryptocurrency strategy by potentially releasing a Treasury Department report detailing the US government’s Bitcoin holdings. Bo Hines, senior advisor to President Trump on digital asset policy, announced on Thursday that the administration might voluntarily publish these

Kalshi Secures $185 Million Funding at $2 Billion Valuation Amid Prediction Market Surge

Kalshi Secures $185 Million Funding at $2 Billion Valuation Amid Prediction Market Surge

New York-based prediction market startup Kalshi announced on Wednesday that it has raised $185 million in a funding round, valuing the company at $2 billion. The investment, led by crypto-focused venture capital firm Paradigm, marks a significant milestone for Kalshi, cementing its status as a “unicorn” in the rapidly evolving

FHFA Directs Fannie Mae and Freddie Mac to Include Crypto in Mortgage Loans

FHFA Directs Fannie Mae and Freddie Mac to Include Crypto in Mortgage Loans

The Federal Housing Finance Agency (FHFA) has issued a new directive ordering Fannie Mae and Freddie Mac to develop plans for incorporating Bitcoin and cryptocurrency assets into mortgage underwriting processes. This move, announced by FHFA Director William Pulte on June 25, 2025, aligns with President Trump’s vision to establish

Bitcoin Surges Past $108,000 as Geopolitical Tensions Ease and Fed Signals Steady Rates

Bitcoin Surges Past $108,000 as Geopolitical Tensions Ease and Fed Signals Steady Rates

Bitcoin soared beyond $108,000 on Wednesday, June 25, 2025, recovering from weekend losses triggered by heightened Middle East tensions. The cryptocurrency had slipped below $100,000 on Sunday amid Israeli missile strikes on Iran and retaliatory Iranian air raids. A tentative ceasefire agreement between the two nations, announced on

Barclays Halts Bitcoin and Crypto Credit Card Transactions as Global Mainstream Push Grows

Barclays Halts Bitcoin and Crypto Credit Card Transactions as Global Mainstream Push Grows

British banking giant Barclays announced it will cease processing Bitcoin and cryptocurrency transactions on its credit cards starting June 27, 2025, according to a notice on its official website. The decision aligns with similar moves by other major lenders but contrasts with the growing global acceptance of cryptocurrencies, particularly in

Texas Becomes First State to Commit $10 Million to Bitcoin Treasury Reserve

Texas Becomes First State to Commit $10 Million to Bitcoin Treasury Reserve

Texas has taken a groundbreaking step in the world of crypto by becoming the first U.S. state to establish a publicly funded Bitcoin reserve. Governor Greg Abbott signed Senate Bill 21 into law over the weekend, allocating $10 million to purchase Bitcoin and create a state-managed cryptocurrency treasury. This

Anthony Pompliano’s Procap Buys $385 Million in Bitcoin for Treasury Strategy

Anthony Pompliano’s Procap Buys $385 Million in Bitcoin for Treasury Strategy

Anthony Pompliano’s newly launched Bitcoin treasury company, Procap, has made a significant move by acquiring 3,724 BTC at a time-weighted average price of $103,785 per coin, according to a Tuesday announcement. Valued at approximately $385 million, this purchase marks the firm’s first major step toward its

Polymarket Nears $200 Million Fundraise, Signaling Investor Confidence in Decentralized Prediction Markets

Polymarket Nears $200 Million Fundraise, Signaling Investor Confidence in Decentralized Prediction Markets

Polymarket, a leading developer of decentralized prediction markets, is reportedly close to securing a $200 million funding round that would value the company at $1 billion, according to sources cited by The Information. This significant investment reflects growing investor enthusiasm for blockchain based prediction platforms, even as trading volumes have

Bitcoin Surges Past $105K as Israel-Iran Ceasefire Sparks Crypto Rally

Bitcoin Surges Past $105K as Israel-Iran Ceasefire Sparks Crypto Rally

Bitcoin (BTC) staged a remarkable recovery on June 23, 2025, climbing back above $105,000 after a brief dip below the $100,000 mark earlier in the day. The price movement came amid heightened geopolitical developments in the Middle East, with markets reacting to an Iranian missile strike on a

No, Iran Wasn't Running Nuclear Powered Bitcoin Mining ASICs

No, Iran Wasn't Running Nuclear Powered Bitcoin Mining ASICs

On June 21, 2025, the global Bitcoin mining hashrate experienced a dramatic 25% decline, sparking widespread speculation about its connection to U.S. military strikes on Iranian nuclear facilities. The timing of the airstrikes, announced by President Donald Trump at 7:50 PM EDT, coincided almost in sync with the

Crypto Website Attacks Surge as Trezor, CoinMarketCap, and Cointelegraph Face Exploits

Crypto Website Attacks Surge as Trezor, CoinMarketCap, and Cointelegraph Face Exploits

A wave of cyberattacks has hit major cryptocurrency platforms, with Trezor, CoinMarketCap, and Cointelegraph all reporting security breaches over the past few days. These incidents, occurring between June 20 and June 23, 2025, highlight a growing threat to crypto users as hackers exploit website vulnerabilities to launch phishing scams and

Crypto Exchange OKX Considers U.S. IPO as Crypto Market Gains Momentum

Crypto Exchange OKX Considers U.S. IPO as Crypto Market Gains Momentum

The global cryptocurrency exchange OKX is exploring an initial public offering in the United States, signaling a big step toward mainstream financial integration. According to a recent report from The Information, the exchange, which ranks among the top three globally by trading volume, is considering a public listing as part

Bitcoin Drops to $98K as Iran’s Strait of Hormuz Closure Threat Rattles Market

Bitcoin Drops to $98K as Iran’s Strait of Hormuz Closure Threat Rattles Market

Bitcoin experienced a sharp decline on Sunday, June 22, 2025, falling from a recent high of nearly $103,000 to around $99,700, triggered by escalating geopolitical tensions in the Middle East. The price drop followed Iran’s Parliament approving the potential closure of the Strait of Hormuz, a critical

Bitcoin Price Falls After U.S. Bombs Iran and Sparks Market Turmoil

Bitcoin Price Falls After U.S. Bombs Iran and Sparks Market Turmoil

The crypto market faced a sharp downturn on Saturday evening following U.S. President Donald Trump’s announcement of a successful airstrike targeting three nuclear sites in Iran. Bitcoin, the leading digital asset, dropped to $100,945 per coin, erasing roughly $40 billion from the crypto market’s value in

Stablecoins Undermine Decentralization and the Vision for Financial Freedom

Stablecoins Undermine Decentralization and the Vision for Financial Freedom

In 2008, Satoshi Nakamoto introduced Bitcoin with a revolutionary idea: a decentralized, peer-to-peer digital cash system that bypassed banks, governments, and intermediaries. The Genesis block’s embedded message, referencing a 2009 news headline about bank bailouts, underscored Bitcoin’s purpose as a rebellion against a flawed financial system. It promised