MEXC, the global cryptocurrency exchange with over 40 million users, is ramping up its commitment to innovation and decentralization by expanding its investment footprint in the stablecoin sector. Its recent $36 million strategic push — a $16 million investment in Ethena Labs and the purchase of $20 million in USDe — is already sending ripple … Read more
The Arbitrum DAO has hit a big governance milestone, passing more than 60 proposals since it started. This shows that Arbitrum’s community is moving toward decentralization at a pretty fast pace. The proposals themselves deal with lots of different issues, some of which are quite important, and decisions are being made that will affect the … Read more
Break-and-hold above 5,980.75 unlocks a run toward 6,000–6,039; failure below 5,975.50 targets 5,944.50–5,876.50. To define bias, use VWAP and Volume Profile confluence on the 5-minute, H4, and Daily (6-month) charts. 1. Overview and context Since May 19, S&P 500 E-mini futures (ES M2) have been capped just below the 6,000 round number. Over the last … Read more
A 24-year-old Moroccan believed to be the mastermind behind kidnappings targeting mainly French cryptocurrency moguls was arrested in Morocco. Moroccan Faces False Imprisonment Charges The suspected mastermind of kidnappings targeting mainly French crypto moguls was arrested in Morocco at the behest of French authorities. Badiss Mohamed Amide Bajjou, 24, who also faces charges of false … Read more
Hong Kong’s securities regulator aims to introduce digital asset derivatives trading for professional investors as part of a broader strategy to expand product offerings and reinforce the city’s role in the global digital asset market, local media reported. Christopher Hui Ching-yu, secretary for Financial Services and the Treasury, confirmed the move on June 4, according … Read more
The millionaire leveraged crypto trader James Wynn has been liquidated of nearly $25 million in Bitcoin after betting with leverage that the cryptocurrency’s price would rise. Wynn was liquidated for 240 Bitcoin (BTC) and had “manually closed part of his position to lower the liquidation price,” onchain analytics platform Lookonchain posted to X on June … Read more
California’s lower house has passed a sweeping crypto payments-regulating bill that would also allow the state to take idle crypto holdings from exchanges if an owner hasn’t accessed their account in three years. The California State Assembly passed Assembly Bill (AB) 1052 in a 78-0 vote on June 3, which would make crypto subject to … Read more
Binance has officially announced the introduction of watch labels for select tokens including BIFI, FIS, KMD, and MDT as of June 5th. This designation signals heightened volatility and risk associated with these assets compared to other listed cryptocurrencies on the platform. The exchange will implement continuous monitoring and rigorous assessments to evaluate these tokens’ compliance … Read more
Semler’s move is part of a broader corporate trend, with firms like South Korea’s K Wave Media also adopting aggressive Bitcoin treasury strategies. As a result, K Wave’s stock jumped 162% after announcing a $500 million crypto-focused share issuance. While this growing wave of corporate Bitcoin accumulation mirrors Metaplanet and Strategy’s playbook, Standard Chartered warned … Read more
The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle … Read more