Crypto News

Bybit has launched Bybit TradFi, becoming the first major crypto exchange to offer access to traditional assets, including stocks, forex, and gold, within its platform, marking a new chapter in unified digital and traditional trading. TradFi App to Bridge Crypto and Traditional Markets for Bybit Users Bybit has unveiled Bybit TradFi, a major product expansionSource link

Cathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group CRCL on Tuesday across three of its ETFs, continuing to take profit for a second day in a row, this time to the tune of $44.7 million.The move came as CRCL closed in New York Tuesday at $149.15 as it continues to maintain investor momentum after a monster rally during its first days of trading earlier this month. ARK's trimming of its CRCL position coincided with a major policy milestone: the U.S. Senate’s bipartisan passage of the GENIUS Act, a bill designed to regulate stablecoin issuers like Circle. The Act is considered an industry win, and was welcomed by Circle CEO Jeremy Allaire, who called it...

A bitcoin donation of over $46 million from convicted criminal Tomáš Jiřikovský to the Czech Ministry of Justice has sparked a crisis in the coalition government, leading to a no-confidence vote initiated by opposition parties on June 17. Government Accused of Underworld Ties A controversial bitcoin donation has plunged the Czech coalition government into crisis,Source link

The Federal Reserve's (Fed) Open Market Committee, comprising 12 officials, is scheduled to announce its decision on interest rates at 18:00 UTC on Wednesday, followed by Chairman Jerome Powell's press conference half an hour later.The CME Group's FedWatch tool indicates that the central bank is again likely to hold ground and keep interest rates unchanged in the range of 4.25%-4.50% despite President Donald Trump's repeated demands for lower borrowing costs.The rate decision, therefore, is a foregone conclusion and crypto traders are likely to focus on the interest rate dot plot – the graphical representation that records each Fed official's projections for interest rates."With rates expected to stay on hold, traders are focused on the dot‑plot: fewer than two projected cuts...

Gemini flagged a whistleblower tied to fraud who may still receive a $1.5 million award, despite an arbitrator ruling he lied to regulators.Source link