Gemini 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
Bitcoin 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
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 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
Regulations 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
Markets 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
CZ Binance Co-Founder CZ Denies Pardon Rumors Amid Social Media Speculation A wave of speculation swept through social media in the early hours of June 25, 2025, claiming that Changpeng Zhao, the co-founder of Binance, had been pardoned by President Donald Trump. The rumor originated from a now-deleted article by Chinese media outlet BlockBeats, which cited multiple sources alleging
Crypto 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
Bitcoin 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.
Bitcoin 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
Polymarket 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
Markets 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
Bitcoin Mining 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
Hack 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
Exchange 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
Markets 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
Markets 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
Crypto Reddit Explores Using World Crypto Project for Account Verification Reddit, a leading social media platform known for its pseudonymous user interactions, is reportedly considering adopting World ID, a biometric verification system developed by World, a cryptocurrency project co-founded by ChatGPT and OpenAI CEO Sam Altman. According to Semafor, this move aims to verify that Reddit users are unique
Stablecoin 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.
Elon Musk Elon Musk's X Platform Set to Launch Financial Services Including Investments and Trading X (formerly Twitter), the social media platform owned by Elon Musk, is poised to transform into a comprehensive financial hub, with chief executive Linda Yaccarino announcing plans to enable users to make investments and trades directly on the platform. Speaking at the Cannes Lions advertising festival, Yaccarino outlined a vision
Scam Feds Confiscate $225 Million in Tether Stablecoin from Pig Butchering Scams Federal authorities have executed a huge operation, seizing approximately $225.3 million in cryptocurrency linked to widespread investment scams, marking the largest such seizure in U.S. Secret Service history. The joint effort, involving the U.S. Secret Service, FBI, and the U.S. Attorney’s Office for the District
Hack Iranian Crypto Exchange Nobitex Loses $81.7 Million in Geopolitically Charged Hack On June 18, 2025, Nobitex, Iran’s largest cryptocurrency exchange, suffered a devastating cyberattack that resulted in the theft of approximately $81.7 million in digital assets. The breach, one of the most significant crypto exchange hacks of the year, targeted hot wallets across multiple blockchains, including Bitcoin, Tron, Dogecoin,
Stablecoin Senate Passes GENIUS Act to Regulate Crypto Stablecoins The U.S. Senate voted 68-30 on Tuesday, June 17, 2025, to pass the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, marking the first significant cryptocurrency legislation to clear the chamber. The bill, sponsored by Republican Senator Bill Hagerty, aims to create a robust regulatory
Gemini Gemini Crypto Exchange Accuses CFTC of Abusive Practices in 7 Year Legal Battle Gemini, a prominent U.S. based cryptocurrency exchange, has lodged a formal complaint against the Commodity Futures Trading Commission (CFTC), alleging the agency engaged in a prolonged and unjust campaign against the firm. In a detailed letter to the CFTC Inspector General, Gemini’s legal team claims the agency’s
Sam Bankman-Fried Sam Bankman-Fried Satirized in Prison Musical with Diddy and Luigi Mangione A new satirical musical featuring a fictionalized Sam Bankman-Fried (SBF) as a prison inmate has taken San Francisco by storm, selling out its entire run in just 24 hours. Titled “Luigi: The Musical,” the one-act play opened last Friday at the Taylor Street Theatre, delivering commentary on Silicon