Record $167B in Crypto Funds as Diversification Demand Surges
Crypto funds smashed records in May, amassing $167 billion in AUM as investors diversified away from traditional markets.
US Bets on Stablecoins to Extend Dollar Reign Amid CBDC Race
Treasury Secretary Scott Bessent positioned dollar-backed stablecoins as America’s answer to central bank digital currencies Wednesday, predicting a $2 trillion+ market by 2028 under the GENIUS Act framework.
Crypto Regulatory Breakthrough: CLARITY Act Clears Key Hurdle
The US crypto industry is one step closer to regulatory clarity after the CLARITY Act advanced through two congressional committees, setting up a pivotal House vote.
Societe Generale’s SG-FORGE to Issue Dollar Stablecoin on Ethereum & Solana
France’s Societe Generale is set to launch “USD CoinVertible”, a dollar-pegged stablecoin deployed on Ethereum and Solana blockchains
Stablecoin Demand Among Fortune 500 Firms Triples—Coinbase
Corporate interest in stablecoins has tripled since 2024, per a Coinbase report.
SEC’s Proposed Crypto Exemptions Raise Questions About Balance
The SEC’s newly revealed plans for conditional “innovation exemptions” present both opportunities and challenges for the crypto sector.
Canary Capital to Launch a Staked INJ ETF
A staked Injective (INJ) ETF might be on the horizon after Canary Capital quietly formed the “Canary Staked INJ ETF” trust in Delaware.
South Korea Advances Stablecoin Legalization with New Crypto Bill
South Korea’s newly elected president, Lee Jae-myung, is pushing forward with his campaign pledge to authorize the issuance of domestic stablecoins, as his party introduces a new cryptocurrency bill.
MicroStrategy Eyes Another BTC Purchase
MicroStrategy Executive Chairman Michael Saylor hinted at another major Bitcoin acquisition.
Gemini Files Confidentially for IPO Amid Market Recovery
Cryptocurrency exchange Gemini has filed confidentially for an initial public offering, according to a June 6 announcement.
Bitcoin Network Activity Hits 8-Month Low Despite Price Strength
The Bitcoin blockchain is experiencing its lowest transaction volume since October 2023, with the seven-day moving average dropping to approximately 317,000 transactions.
Uber ‘Definitely’ Studying Stablecoins But No Commitments Yet
Uber CEO Dara Khosrowshahi struck a cautiously optimistic tone about stablecoins at the Bloomberg Tech Summit, confirming serious evaluation but no immediate plans for implementation.
Circle Stuns Wall Street With 167% IPO Pop as Stablecoins Go Mainstream
The crypto world’s quiet giant made a thunderous entrance to Wall Street yesterday as Circle, issuer of the USDC stablecoin, saw shares rocket 167% in their NYSE debut.
Institutional Bitcoin ETF Demand Dips—Is the Rally Losing Steam?
Q1 2025 marked a turning point for Bitcoin ETFs: institutional holdings fell for the first time since launch, dropping 23% to $21.2 billion.
JPMorgan to Begin Accepting Cryptocurrency ETFs as Loan Collateral
JPMorgan Chase & Co. will soon permit qualified clients to utilize cryptocurrency-linked exchange-traded funds (ETFs) as collateral for loans.
