Crypto News
Crypto Remittances Fell Nearly 45% in El Salvador
Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing to Reach Widespread AdoptionSource link
Binance Freezes $3.5M in Crypto as Kidnap Ransom Trail Collapses on Blockchain
Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operationSource link
Silver and Platinum Break out as Dollar Hedge Game Shifts
Silver and platinum are exploding higher as investors rotate out of gold, triggering a powerful surge fueled by dollar weakness, soaring ETF inflows, and tightening industrial supply. Silver and Platinum Prices Soar With US Debt Mounting and Demand Tightening Silver and platinum rallied sharply in June as investors diversified away from gold amid rising concernsSource link
Coinbase Rallies Behind 2 Landmark Crypto Bills—52M US Owners Await Congress
Coinbase’s CEO is driving urgent action behind two landmark crypto bills that promise regulatory clarity, investor protection, and explosive growth for America’s digital asset future. Coinbase Urges Legislative Action on 2 Crypto Bills: ’52 Million American Crypto Owners Are Counting on It’ Cryptocurrency exchange Coinbase (Nasdaq: COIN) renewed its call for Congress to establish clearSource link
Crypto Plunges, Israel strikes Iran, Gold & Oil Soar
Crypto Plunges, Israel strikes Iran, Gold & Oil Soar
FOMO HOUR EP378Crypto plunges as Israel strikes Iran. $1.1bn liquidations, Wynn liquidated again. GameStop upsizes debt raise to $2.25bn, to buy BTC. 21 companies launched BTC reserve in last 30 days. Sharplink falls 70% after equity re-sale announced. Sharplink acquires $463m ETH. DFDV announces $5bn equity line to buy SOL. Tony G launches HYPE treasury with $400k HYPE. DOT community proposes BTC treasury. Phantom allows USDC payments to Shopify. Walmart & Amazon consider issuing stablecoins. USDC natively launched on XRP ledger . Trident Digital to raise $500m to buy XRP. DTCC exploring stablecoin usage. Coinbase collabs with AmEx on BTC cashback card. Coinbase to allow DEX & perp trading in US. SEC...