Bitget’s Gracy Chen says a dovish surprise could spark a relief rally across both traditional and digital markets. The Federal Open Market Committee (FOMC) meets on Wednesday, June 17, for what is new Chair Kevin Warsh’s first policy decision, and Bitget CEO Gracy Chen thinks it is one of the most important macro events…
Cardano has moved closer to its next network upgrade after the van Rossem hard fork initiation governance action was submitted on mainnet. Summary Cardano’s van Rossem hard fork action reached mainnet governance for Protocol Version 11 review now. The intra-era upgrade adds features while preparing Cardano’s Dijkstra era and future Leios mainnet rollout. The hard…
With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over 3,000 registered firms pre-MiCA, according to law firm Hogan Lovells. Binance applied for a pan-EU…
The company quickly reassured its users that it’s working on securing the necessary license. Citing people familiar with the matter, Reuters reported that the world’s largest cryptocurrency exchange could be forced to stop service to European Union customers as early as next month after its application for a key regulatory license is set to…
BitGo Singapore and dtcpay have formed a partnership to support secure digital asset payment infrastructure across global markets. Summary BitGo Singapore will support dtcpay’s digital asset payment network with regulated infrastructure and custody tools. dtcpay plans to use the partnership to improve security, operations, and global payment network scale. The deal follows dtcpay’s stablecoin shift…
U.S. congressional leaders have reached a deal on a housing bill that would also block the Federal Reserve from creating a central bank digital currency until 2030. Summary The housing bill would block the Federal Reserve from issuing a CBDC until 2030 nationwide. The deal pairs housing affordability measures with a temporary digital dollar restriction…
Although current loss realization levels are enough to confirm deep bear conditions, they have not reached the intensity required to establish a definitive bottom. Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by…
A bipartisan group of U.S. senators has urged the Treasury Department to keep state regulators in the stablecoin rulemaking process as it prepares final GENIUS Act rules. Summary Senators say Treasury must keep state stablecoin pathways open beyond a single certification window nationwide. The letter asks Treasury to clarify timelines before final GENIUS Act rules…
The market for tokenized real-world assets has continued expanding rapidly, with Citigroup projecting the sector could reach as much as $8.2 trillion by 2030 under its bullish scenario. Summary Citigroup projects the tokenized asset market could reach $5.5 trillion in its base case and as much as $8.2 trillion by 2030. Token Terminal data shows…
The sector’s losses have been broad-based, affecting both established names like Dogecoin as well as much newer entrants. Meme coins have been on a bad run since they peaked in 2024, with data from CryptoRank showing they’ve collectively lost more than $110 billion from then to now. According to the data, this year alone,…
