Key Crypto Bill Faces Crucial Test as Lawmakers Set June 10 Markup

TLDR The House Financial Services Committee will hold a markup of the CLARITY Act on June 10. The CLARITY Act aims to define digital assets and establish clear regulatory roles for federal agencies. Lawmakers will debate the bill and propose amendments before it advances to the House floor. Several crypto groups are pushing to include […]

Circle Internet Financial (CRCL) Stock: Shares Jump 167% in NYSE Debut Trading Session

TLDR Circle stock (CRCL) surged 167% on its NYSE debut, opening at $31 and closing at $82 after reaching over $100 intraday The stablecoin issuer raised $1.05 billion in its oversubscribed IPO with backing from BlackRock and ARK Investment Tether CEO Paolo Ardoino previously criticized Circle’s business model, claiming “they make no money” Circle CEO […]

Trump Family Takes Legal Action Against Unauthorized Crypto Wallet Project

TLDR Trump family sent cease-and-desist letters to Magic Eden and GetTrumpMemes.com over unauthorized $TRUMP wallet project All three Trump sons publicly denied involvement with the disputed crypto wallet plans World Liberty Financial, Trump’s official crypto venture, issued legal notice to Fight Fight Fight LLC The unauthorized wallet’s domain TrumpWallet.com was taken offline following legal action […]

Dogecoin Founder Hints Trump Tariffs Could Trigger Market Fallout

TLDR Dogecoin founder Billy Markus criticized Donald Trump’s tariff policies in a series of social media posts. Markus argued that Trump uses tariffs to handle unrelated issues which creates confusion in trade discussions. Elon Musk responded to Markus by warning that Trump tariffs could lead to a recession later this year. Markus also suggested that […]

Uber Returns to Crypto: CEO Eyes Stablecoins for Global Operations

TLDR Uber CEO Dara Khosrowshahi confirmed the company is exploring stablecoins for global payment settlements at Bloomberg Tech conference Stablecoins could reduce foreign exchange costs and speed up payments in regions with expensive or slow banking systems This marks the third time since 2021 that Uber has expressed interest in crypto payments, following similar statements […]

Chainlink (LINK) Price: Major Whale Takes $12M Profit as Technical Indicators Turn Bearish

TLDR Chainlink whale 0x7fBB sold 403,000 LINK tokens after holding for over a year, realizing $12 million in profits LINK price dropped 13% weekly to $13.78 but still trades above key trendline support from June 2023 Technical indicators show bearish sentiment with price below $15 resistance level and MACD remaining negative Open interest declined from […]

Pakistan’s Crypto Chief Talks Bitcoin with NYC Mayor & Wall Street Leaders

Pakistan is making strategic moves to foster a robust relationship with major financial players on Wall Street, New York, to fuel its fledgling cryptocurrency sector. This initiative, led by the Pakistani government, seeks to leverage the expertise and resources of established New York-based financial firms, aiming to bolster the country’s position in the global digital […]

Massive Spike in Fartcoin: Rising Hype or Real Momentum Building?

TLDR Fartcoin surged 15.5% today even as the broader crypto market faced a sharp decline. The price moved above the one-dollar mark following Coinbase’s announcement of adding Fartcoin to its listing roadmap. Daily trading volume for Fartcoin jumped 80%, reaching 404 million dollars across centralized and decentralized exchanges. Open interest in Fartcoin futures rose 20 […]

Solana (SOL) Price: Diamond Hands Crack Under Pressure in $468M Selloff

TLDR Solana (SOL) dropped below $150 support level after falling 5.2% from $157.98 to $149.79 in 24 hours Large whale outflows of 3 million SOL tokens moved to exchanges over three days, triggering selling pressure On-chain data shows 3.55 billion coin days destroyed, indicating long-term holders are moving dormant coins Network fundamentals remain strong with […]

SUI, XMR market outlook turns bullish, but XYZVerse could offer bigger upside

The post SUI, XMR market outlook turns bullish, but XYZVerse could offer bigger upside appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As SUI and Monero rally, a rising underdog, XYZVerse, is turning heads with its explosive growth and […]