The Anti-Corruption Office (AO) found that President Javier Milei did not violate any ethics laws with his involvement in the promotion of Libra, a meme coin launched in February. Investigation Finds President Milei Did Not Break Ethics Laws by Promoting Libra One of the first investigations into Argentina’s President Javier Milei’s involvement in the Libra … Read more
Bitcoin (BTC) heads into another heavy macro week with bulls hoping that the $100,000 support retest is done. BTC price action offers some hope at the weekly close, with predictions of a return to all-time highs intact. Liquidity grabs remain a focus, and could compound a deeper correction if $100,000 fails. CPI and PPI are … Read more
Jakub Porzycki | Nurphoto | Getty Images LONDON — Britain’s financial services watchdog on Monday announced a new tie-up with U.S. chipmaker Nvidia to let banks safely experiment with artificial intelligence. The Financial Conduct Authority said it will launch a so-called Supercharged Sandbox that will “give firms access to better data, technical expertise and regulatory … Read more
Strong speculation about a Binance.US listing is fueling a surge in HYPE’s price. The token is currently consolidating at a key Fibonacci resistance level near $35.91. Arthur Hayes joined the speculation tagging CZ to the news; boosting interest Hyperliquid’s native token, HYPE, is seeing a significant surge in interest and trading activity as strong speculation … Read more
The Blockchain Group, recognized as Europe’s pioneering Bitcoin reserve firm, has formalized a significant capital increase agreement with asset management giant TOBAM, valued at €3 billion including issuance premiums. This strategic move is designed to enhance the company’s Bitcoin reserve holdings by incrementally raising the per-share Bitcoin allocation under full dilution conditions. Under the terms, … Read more
The United States and China will resume high-level trade talks in London on Monday to ease disputes over rare-earth minerals and advanced technology after President Donald Trump and President Xi Jinping spoke by phone last week. Both Washington and Beijing have accused each other of backing away from a May agreement reached in Geneva to … Read more
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public. Ardoino: Valuation ‘A Bit Bearish’ Tether CEO Paolo Ardoino has described an analyst’s $515 billion valuation of the stablecoin issuer as “a beautiful number.” He also suggested … Read more
Japanese investment company Metaplanet’s shares spiked on market opening after announcing its plan to raise $5.4 billion to buy Bitcoin last week. Metaplanet’s stock (3350T) shot up over 12% in the June 9 trading session, trading at 1,505 yen ($10.42), according to Google Finance. However, at its peak of the trading session so far, Metaplanet’s … Read more
China’s $139B liquidity injection fuels Bitcoin’s appeal as a digital safe haven. Institutional CME Bitcoin futures holders hit a record high, rising 36% since January. Bitcoin nears $106K as volume spikes and indicators suggest a bullish breakout. In an economic climate characterized by increasing monetary expansion and escalating geopolitical uncertainty, Bitcoin continues to gain momentum … Read more
It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst. There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg ETF analyst Eric Balchunas in an X post on June 7. “First, we’ll get a … Read more