The situation with the spot Ethereum ETFs is quite similar. For the fifth consecutive week, the spot exchange-traded funds tracking the world’s largest cryptocurrency have ended in the red with more outflows than inflows. However, the numbers are nowhere near as painful as they were during the previous week, and Friday was actually in…
Zimbabwe has placed cryptocurrency firms under Reserve Bank of Zimbabwe oversight through new anti-money laundering rules. Summary Zimbabwe’s Statutory Instrument 99 of 2026 places crypto firms under RBZ AML oversight. Crypto companies must register as VASPs before offering digital asset services locally. Firms with smart contract control, fund routing, or fee-setting powers must comply. Statutory…
XMR has dropped the most over the past 24 hours, losing 12% of value. Bitcoin’s price tried to break out above $64,000 yesterday, but it was stopped, and it still trades close to that level on Saturday morning. Most larger-cap alts have posted minor gains over the past day, including ADA and HYPE, both…
Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase’s independent advisory board of cryptography experts. Summary Coinbase’s advisory board says Bitcoin should begin preparing for a transition to quantum-resistant cryptography now. The report does not endorse freezing vulnerable BTC, leaving the decision to the…
The path for ETH south seems the steepest, according to the analyst. In contrast, XRP might be the closest to its bottom. Following last week’s market-wide calamity in which the cryptocurrency markets shed over $400 billion and all major assets plummeted to yearly lows, many analysts have started speculating on where the bottom is….
CoreWeave and Nebius have secured places in the Nasdaq 100 after Nasdaq announced that both companies will be added to the index before trading begins on June 22. Summary CoreWeave and Nebius will join the Nasdaq 100 on June 22 following Nasdaq’s quarterly rebalance. CoreWeave’s inclusion follows its transformation from a crypto miner into a…
Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. Summary Coinbase will unveil the next phase of its “Everything Exchange” strategy on June 16. New products span AI trading agents, prediction markets, stocks, lending, and DeFi services. Bernstein…
Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even as roughly 36% of its installed mining capacity remained inactive at the end of May. Summary Canaan’s North American mining fleet reached a record efficiency of 17.9 J/TH in May, improving 11% year-over-year. Despite the efficiency gains, only 6.47 EH/s of…
A Seychelles court judgment tied to delisted CHP tokens has placed KuCoin under renewed legal scrutiny. Summary A Seychelles court ordered KuCoin to compensate a Swiss investor over 21 million delisted CHP tokens. The investor claims KuCoin has not paid the judgment or participated in related court proceedings. The ruling rejected KuCoin’s claim that unwithdrawn…
Garlinghouse accused Jamie Dimon of doing a disservice by falsely suggesting the CLARITY Act would weaken compliance standards. Ripple CEO Brad Garlinghouse has criticized JPMorgan Chase CEO Jamie Dimon over his recent remarks attacking the CLARITY ACT. He reminded that Dimon has consistently dismissed the crypto industry for years while misrepresenting the purpose of…
