Crypto News

Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy Digital’s latest study written by research analyst Zack Pokorny notes thatSource link

This week's main economic event comes on Friday when the U.S. government releases employment data for May. Ahead of that though, were three fairly important data points of their own on Wednesday, and all flashed unexpected weakness.First to hit was ADP private payrolls for May and that report showed the addition of just 37,000 jobs last month, far shy of expectations for 115,000 and well south of April's already weak 60,000. It was the weakest ADP number since March 2023.Next up was the May ISM Services report, which came in at 49.9 against 52 expected and 51.6 in April. A number below 50 shows contraction and May's report was the first time in that zone in one year.Finally, the U.S....

JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious onSource link

U.S. House of Representatives Republicans are forging ahead with legislation to establish regulations for U.S. crypto markets, dissecting that effort in a pair of hearings on Wednesday, but Democrats insist the complex bill is hurried, flawed and fails to address a chief complaint: their accusations that President Donald Trump is engaged in crypto corruption.The House Financial Services Committee and House Agriculture Committee both examined the changes contemplated by Digital Asset Market Clarity Act, with witnesses in the financial committee including two former chairmen of the Commodity Futures Trading Commission and a former acting chairman of the Securities and Exchange Commission.Republican lawmakers praised the bill as an urgently needed, long-awaited answer to both the digital assets industry's desperation for clear rules...

U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhatSource link