Jake Chervinsky has accused CME Group of using a lawsuit against U.S. crypto perpetual futures to protect its position in a market where the exchange reportedly controls about 92% of exchange-traded derivatives volume. Summary Jake Chervinsky called CME’s lawsuit against the CFTC a “shocking miscalculation” and an “unforced error.” Hyperliquid Policy Center cited Better Markets…
Binance founder Changpeng Zhao has proposed freezing up to 1 million Bitcoin linked to Satoshi Nakamoto if those coins remain unmoved after a future transition to quantum-resistant cryptography. Summary CZ proposed freezing inactive Bitcoin addresses after a future migration to quantum-resistant cryptography. His plan could affect up to 1 million BTC believed to be linked…
PI is among the most impressive performers over the past 24 hours. The expected delay with the latest Pi Network protocol update continues, but the team behind the project has now urged certain nodes to move faster so that it can be completed soon. Meanwhile, the project’s native token has finally shown some strength,…
Two Texas brothers have pleaded guilty to federal robbery charges after prosecutors said they kidnapped a Minnesota family and forced the transfer of more than $8 million in cryptocurrency. Summary Two Texas brothers pleaded guilty after prosecutors linked them to an $8 million crypto kidnapping and robbery. Victims were allegedly held at gunpoint for hours…
Ali Martinez has cautioned that Strategy’s STRC structure may amplify financial stress in a prolonged Bitcoin bear market, citing similarities to the feedback loop seen in Terra-Luna’s collapse in 2022. Summary Ali Martinez warned that Strategy’s STRC structure could increase financial pressure during a prolonged Bitcoin decline. STRC fell as much as 17% below its…
Zcash has gained renewed attention after discussions around Europe’s planned crypto compliance rules pushed the privacy-focused cryptocurrency back into the spotlight. Summary Mert highlighted Zcash as a leading privacy-focused crypto amid debate over Europe’s upcoming compliance rules. Analysts disputed claims that every Bitcoin transaction will require identity verification under the EU framework. Technical analysts are…
The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins while leaving direct Bitcoin transfers between private wallets outside the scope of mandatory identification requirements. Summary EU AML rules will bar regulated crypto firms from supporting privacy coins starting July 2027. Bitcoin transfers between self-hosted wallets remain…
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours…
Cardone Capital has purchased another 282 Bitcoin worth about $18 million as the cryptocurrency market has retreated toward recent lows amid rising geopolitical tensions. Summary Cardone Capital bought another 282 BTC worth about $18 million as Bitcoin traded near $62,000. The firm uses rental income from multifamily properties to fund ongoing Bitcoin purchases. Grant Cardone…
In Bitcoin news today, Russia’s crypto regulation deadline is no longer abstract. On July 1, 2026, the country will formally legalize Bitcoin and stablecoin payments for cross-border trade, the culmination of a two-year pilot that already processed roughly $11Bn in crypto-facilitated commerce last year, according to figures cited by state news agency TASS. The central…
