Crypto News

Bitcoin Scandal Fails to Topple Czech Government in No-Confidence Vote

A $45 million Bitcoin donation from a convicted darknet operator set off a political crisis and brought the Czech government to its knees.Source link

Coinbase Delivers USDC Breakthrough in US Futures Trading

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 LLCSource link

1inch Foundation Proposes User Compensation Plan Following October Hack

DAO members of 1inch are voting on whether to approve a reimbursement scheme for victims of a supply chain exploit last year.Source link

Who’s Selling Bitcoin Above $100K and Holding Back the Price Rally?

Bitcoin's BTC bull market has stalled, and how.Despite a surge in spot ETF inflows, stablecoin market caps, and positive regulatory developments in the U.S., the leading cryptocurrency by market value continues to trade directionless, fluctuating between $100,000 and $110,000.It's been a record 42 straight days of back-and-forth trading above the $100 mark, and the question is: Who has been selling BTC and quietly counteracting the ETF inflows amid mounting concerns about the U.S. fiscal situation?According to Alexander Blume, managing partner at the SEC-registered investment adviser Two Prime, BTC is facing a unique crosswind of participant composition as it transitions from speculative buyers to long-term investors."Amidst the recent geopolitical turmoil, it makes sense that speculators and leverage traders are taking risk...

SEC and JPMorgan Meet to Discuss Approaches to Crypto Regulation

The SEC sat down with JPMorgan to explore bold crypto regulations that promise to overhaul capital markets, streamline clearing, and reshape the future of global finance. Crypto Regulation Frameworks in Focus as SEC and JPMorgan Hold Talks The U.S. Securities and Exchange Commission (SEC) has published a memorandum of the Crypto Task Force meeting logSource link