Key Takeaways Senator Warren questioned whether the CFTC can oversee crypto and prediction markets with fewer staff. Prediction markets face growing scrutiny as federal and state regulators clash over event contracts. Congress may expand CFTC authority while Warren seeks records on industry contacts and enforcement decisions. Crypto Oversight in the Spotlight After Warren Questions Federal…
Digital financial services platform Maya has partnered with the Commission on Filipinos Overseas (CFO) to integrate digital payment options for the agency’s services. Under the agreement, non-resident Filipinos and their families will be able to pay for CFO transactions using credit and debit cards, QR codes, and digital wallets. Digitalization of Government Services The partnership…
Key Takeaways Peter Schiff challenged efforts to apply traditional banking standards to stablecoin issuers. JPMorgan CEO Jamie Dimon argued equal oversight is needed for competing financial services. Regulators now face decisions that will determine the rules governing stablecoin rewards, reserve practices, and disclosure standards. Peter Schiff Says Bank Rules Do Not Fit Stablecoin Issuers Economist…
Key Takeaways JPMorgan flagged Strategy’s ~$1.7B annual dividend bill as a key swing factor for H2 2026 crypto. Strategy sold 32 BTC for $2.5M late last month, its first sale since 2022, to fund preferred dividends. The bank sees under 50% odds the CLARITY Act passes this year, dimming a key catalyst. A $1.7 Billion…
Key Takeaways Bitcoin rebounded past $64,000 on June 8, recovering from a multi-day sell-off below the $60,000 level. The recovery lifted the broader crypto market cap to $2.26 trillion despite rising Iran-Israel tensions. Liquidations hit $611 million across the crypto ecosystem, heavily penalizing wrong-footed short sellers. Bitcoin Reclaims $64,000 Amid Geopolitical Storm Bitcoin staged a…
Key Takeaways Grok, ChatGPT and Claude pegged BTC between $78K and $82.5K by Dec. 2026. SOL fell 47.3% YTD, yet all 3 AI models see a rebound to $92-$95. ETH, BNB and XRP targets clustered tightly, signaling recovery hopes for H2 2026. AI Models Crunch the Numbers and Deliver Fresh Targets for Crypto’s Top 5…
Key Takeaways Sam Bankman-Fried (SBF) filed a formal pardon request with the DOJ Office of the Pardon Attorney on June 8, 2026. FTT jumped roughly 50% intraday and Polymarket odds moved to 20-35% following the news. Trump publicly rejected pardoning SBF twice in 2026, citing the scale of the $11 billion FTX fraud. Breaking: Formal…
Key Takeaways Bitcoin’s MVRV ratio fell to 1.1, its lowest since March 2023, signaling deep undervaluation. Readings near this level preceded a roughly 67% rally after the 2022 FTX collapse. Cryptoquant warns this cycle differs, so a bottom is not guaranteed despite cheap valuations. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s…
Key Takeaways A whale bought 1,656 BTC ($98.93M) at $59,734, near bitcoin’s June 5 low of $59,100. The position gained about $3.5 million in two days as BTC climbed back toward $64,000 behind Trump’s recent Iran-related remarks. The coins were moved to Binance, a step that often precedes selling or hedging. Buying the Exact Bottom…
Key Takeaways About $320 million in crypto shorts were liquidated in 15 minutes as bitcoin rebounded toward $64,000. The squeeze followed a 2026 low near $59,100 and weeks of long liquidations topping $1.5 billion. Heavy leverage and thin liquidity have historically left the market prone to violent swings in both directions. A 15-Minute Short Squeeze…
