US-based spot Bitcoin exchange-traded funds recorded $388.3 million in inflows on Wednesday to make it eight consecutive days of fresh capital, despite initial market panic from the Israel-Iran conflict. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) led all with $278.9 million and $104.4 million in inflows, respectively, Farside Investors … Read more
Crypto Platform Pump.fun Slammed As ‘Disease’—Critics Say It ‘Stole’ $741 Million Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly … Read more
COINOTAG reported on June 19, referencing the Wall Street Journal, that U.S. President Donald Trump has communicated to senior officials his approval of a preliminary military strategy targeting Iran. However, the final authorization remains pending as the administration evaluates whether Iran will halt its nuclear ambitions. Following a classified briefing in the White House Situation … Read more
U.S. futures markets are poised for a breakthrough as Coinbase spearheads the regulated use of USDC stablecoin as collateral, signaling a seismic leap toward mainstream financial integration. Regulated Futures Markets Open Gates to USDC Collateral With Coinbase Leading the Charge Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on June 18 that its subsidiary Coinbase Derivatives LLC … Read more
The cryptocurrency space is experiencing major positive changes. Its unbeatable growth is pushing more and more investors to seek easier ways to profit without the need for physical mining rigs or huge initial cost, especially this season where BTC is surging dramatically. Amidst this excitement, Bitcoin cloud mining is making moves and cementing its position … Read more
The Federal Reserve has decided to keep interest rates at current levels, maintaining a cautious stance on inflation. A strong labor market, steady growth, and somewhat elevated inflation prompted the Fed to hold rates steady. On Wednesday, June 18, the Federal Open Market Committee announced it would maintain rates in the 4.25% to 4.5% range, … Read more
Elon Musk’s artificial intelligence firm xAI is facing legal action over air pollution from the gas-fired turbines it uses to power its Memphis computer farm. Musk’s AI firm xAI received a 60-day notice of intent to sue for violations of the Clean Air Act on Tuesday from the Southern Environmental Law Center (SELC) over its … Read more
Elon Musk’s artificial intelligence firm xAI is facing legal action over air pollution from the gas-fired turbines it uses to power its Memphis computer farm. Musk’s AI firm xAI received a 60-day notice of intent to sue for violations of the Clean Air Act on Tuesday from the Southern Environmental Law Center (SELC) over its … Read more
In one of the largest crypto crackdowns to date, the U.S. Department of Justice has seized $225.3 million in digital assets linked to a network of shady investment scams. The operation targeted a growing wave of fraud known as “pig butchering,” where victims are lured into fake crypto investments through personal messaging and social media. … Read more
Iran’s biggest crypto exchange just got hit with one of the most unusual hacks in recent memory. A group called Predatory Sparrow, reportedly linked to pro-Israel operatives, drained nearly $90 million from Nobitex on Wednesday. But instead of cashing out, the hackers sent the funds to wallets no one can access. That means the money … Read more