Crypto News

$165 Billion Stock Selloff Looms as Goldman Flags Rising Leverage - $165 Billion Stock Selloff Looms as Goldman Flags Rising Leverage If forced equity selling collides with high leverage and crowded AI bets, cross-asset volatility could climb into month-end. The market absorbing the flows or amplifying them may set the tone for stocks and crypto this week. This article has been published in beincrypto.com via Yahoo News. https://finance.yahoo.com/markets/stocks/articles/165-billion-stock-selloff-looms-223539994.html

The CLARITY Act's Biggest Obstacle Isn't Crypto Regulation — It's Trump's Crypto Ties - The CLARITY Act's Biggest Obstacle Isn't Crypto Regulation — It's Trump's Crypto Ties Nage's proposal would prohibit crypto business activity across the board for the president, vice president, senior executive branch officials, and members of Congress. He expects Senate negotiators to continue working through ethics and enforcement language over the coming weeks. His base-case scenario calls for a merged Senate package by late June or early July and Senate floor vote in mid-to-late July. Also, he sees a final enactment before Congress leaves for its August recess. "The substance is done," Nage wrote. "What's left is a political optics...

BMNR’s Tom Lee Rejects Ethereum Funding Crisis Warning After Foundation Loses Eighth Senior Leader This Year - BMNR’s Tom Lee Rejects Ethereum Funding Crisis Warning After Foundation Loses Eighth Senior Leader This Year Gluchowski cited Stripe's Tempo and an upcoming JPMorgan (JPM) chain as examples of corporate networks that would struggle to achieve industry-wide adoption, as rival institutions wouldn't be likely to settle on a competitor's infrastructure. Ethereum's price was trading around $1,723 at the time of writing, up over 1% in the last 24 hours. On Stocktwits, retail sentiment around ETH remained in the 'neutral' zone, while chatter stayed at 'low' levels over the past day. BitMine is the largest corporate holder of...

Morgan Stanley gives Google stock investors reason to rethink AI spending - Morgan Stanley gives Google stock investors reason to rethink AI spending The valuation case rests on AI-driven innovation across Search, YouTube, and Cloud, plus continued expense discipline. However, the risk is that if these AI products have lower monetization and higher compute intensity, spending could pressure margins rather than expand earnings power. Big-bank Google stock targets show Wall Street still sees upside What it means for Google stock investors For Alphabet/Google investors, the note essentially switches up the debate from "How expensive is AI?" to "How much revenue can each new watt of AI capacity produce?" That's important because the...

Former CFTC Commissioner Carolyn Pham Warns Crypto Has 2.5 Years To Become 'Too Big To Fail' - Former CFTC Commissioner Carolyn Pham Warns Crypto Has 2.5 Years To Become 'Too Big To Fail' Pham also urged the crypto industry to rethink how it presents itself to policymakers. She argued that framing blockchain as a disruptive force unnecessarily alienates regulators and lawmakers, who may respond more favorably to the idea of modernization. "Why is this so different from going from paper to computers to now blockchain?" she said. Pham also rejected the notion that decentralized finance is inherently incompatible with anti-money laundering and know-your-customer requirements, pointing to MoonPay's experience serving millions of...

Polymarket reportedly paid creators to post deceptive videos about fake bets - Polymarket Reportedly Paid Creators to Post Deceptive Videos About Fake Bets Polymarket, a blockchain-based prediction platform, has come under scrutiny for allegedly paying social media creators to produce deceptive content promoting fake bets. Reports suggest that the platform incentivized content creators to produce videos that misled audiences about the nature and legitimacy of bets available on Polymarket. These allegations have raised questions about the ethics and transparency of online prediction markets, particularly those involving cryptocurrencies and blockchain technology. The involvement of influencers in promoting such platforms without...

‘Rich Dad Poor Dad’ author reveals best time to buy Bitcoin, gold - ‘Rich Dad Poor Dad’ Author Reveals Best Time to Buy Bitcoin, Gold The author of "Rich Dad Poor Dad," a well-known advocate for financial education and investing, has shared insights on the optimal time to invest in Bitcoin and gold. These assets are often viewed as safe havens during periods of economic uncertainty or inflation. He emphasizes the importance of investing in tangible assets that maintain value over time, highlighting how Bitcoin and gold can serve as hedges against inflation. The timing of these investments, he notes, is crucial in maximizing returns and minimizing risks. Economic indicators and geopolitical events can often signal the best times to...

Bitcoin Network Activity Is Rising as BTC Falls Nearly 50% Below Peak Price: CryptoQuant - Bitcoin Network Activity Is Rising as BTC Falls Nearly 50% Below Peak Price: CryptoQuant Bitcoin's network activity is showing an increase even as its price has fallen significantly, nearing 50% below its peak value. This trend has stirred discussions within the crypto community about the potential implications for Bitcoin's future. CryptoQuant data indicates a rise in multiple activity metrics, such as transaction counts and active addresses. This increase in network engagement comes despite Bitcoin's price downturn, suggesting that user interest and network utilization have not waned. Analysts propose several reasons for this phenomenon...

BITA Launches at 0.65%: BlackRock’s Covered-Call Bitcoin ETF Targets 70% Upside Plus Yield - BITA Launches at 0.65%: BlackRock’s Covered-Call Bitcoin ETF Targets 70% Upside Plus Yield Grayscale's comparable covered-call bitcoin income fund occupies similar fee territory. BITA undercuts all of them while carrying IBIT's deep liquidity as collateral infrastructure for the options overlay – an advantage smaller issuers relying on futures exposure cannot replicate. Goldman's forthcoming product is structurally distinct: it will not hold spot bitcoin directly; instead, it will gain exposure through other spot bitcoin exchange-traded products and their associated options, with a potential Cayman subsidiary structure. Goldman's overwrite...

The Morgan Stanley 0.14% Fee Sets New Floor in Crypto ETF Fee War - BlackRock has since added yield-bearing structures to its Bitcoin ETF lineup to compete on more than fees alone. Morgan Stanley is running a different play: enter at the fee floor from day one and add staking yield on top, making the all-in cost case harder to beat. In a separate amended S-1 for its proposed Morgan Stanley Bitcoin Trust, the bank also set a 0.14% fee, which would undercut both Grayscale's Bitcoin Mini Trust and BlackRock's IBIT if approved. That product launched in April 2026, making the ETH and SOL filings the next phase of what amounts to a coordinated, low-cost, multi-asset ETF stack. The SEC approval process for similar institutional products...

Crypto Platforms Promised SpaceX IPO Access. The Tokenized Stocks Never Arrived. - Crypto Platforms Promised SpaceX IPO Access. The Tokenized Stocks Never Arrived. This wasn't a rug pull. Users were refunded. But the episode exposed something the marketing never mentioned: tech scandals of this kind reveal that tokenized equity is a blockchain skin stretched over the same allocation bottleneck that has always favored institutional players. Next time a platform advertises "access" to a blockbuster IPO, the fine print may reveal no underlying asset is guaranteed to exist at all — a pattern familiar to anyone paying too much for financial products that don't deliver what they promise. This article has been published in yahoo.com via...

Bitcoin News: Russia Legalizes BTC for Foreign Trade - Bitcoin News: Russia Legalizes BTC for Foreign Trade Those transactions primarily involved countries like China, Turkey, and India. This cross-border crypto settlement has shown commercial viability, providing solid proof of concept. Adding to the complexity, the A7A5 stablecoin from Kyrgyzstan has become crucial to these flows, processing estimated flows of $72Bn to $93Bn in 2025, some of which are tied to sanctioned transactions. The European Union banned A7A5 last year, highlighting a growing EU-Russia crypto cold war centered on stablecoins, another reason Russia has moved to legalize crypto. What Traders and Market Watchers Should Track In other Bitcoin news, the Russia...

Bitcoin Slides as Fed Says It Will 'Deliver Price Stability' Under Kevin Warsh - Bitcoin Slides as Fed Says It Will 'Deliver Price Stability' Under Kevin Warsh Subsequently, Warsh unveiled the creation of five task forces focused on communications, the Fed's balance sheet, its use of data sources, emerging technologies' effect on productivity and jobs, and lastly, the central bank's framework for inflation. The Fed's focus on patience was unanimous, with Powell notably voting in lockstep with the man who replaced him. But recent decisions have exposed fractures within the central bank's leadership, with a series of dissents since July, as some voting members of the committee advocated for interest rate cuts. Wednesday's move was...

BlackRock BITA Bitcoin ETF Live: Income at 15–25% Yield - BlackRock BITA Bitcoin ETF Live: Income at 15–25% Yield - The Competitive Landscape and What Comes Next Bloomberg ETF analyst Eric Balchunas highlighted BITA as a significant evolution in the bitcoin ETF market, noting that BlackRock has outpaced Goldman Sachs by launching a yield-generating Bitcoin product. The competition for Bitcoin yield products is intensifying, with other firms like Bitwise also speeding up their launches. BITA builds on the success of BlackRock's iShares Bitcoin Trust, which has amassed nearly $49Bn in assets since its January 2024 launch and is the largest spot Bitcoin ETF. This existing BTC exposure allows BlackRock's crypto teams to engage in...

Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision - Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision Bitcoin and Ethereum prices continued their descent after the Federal Reserve’s latest decision, with traders growing increasingly bearish. The cryptocurrency market has reacted negatively to the Fed's commitment to controlling inflation, leading to significant price drops. The Federal Reserve announced a decision to maintain interest rates, signaling a hawkish stance that left investors wary of continued tightening. This decision has cast a cloud over risk assets, including cryptocurrencies like Bitcoin and Ethereum, as traders reassess their positions. Bitcoin slid...

CME sues US CFTC over letting Kalshi, Coinbase offer perpetual futures - CME sues US CFTC over letting Kalshi, Coinbase offer perpetual futures In a May 29 editorial ​published by CoinDesk, Selig said allowing ​perpetual futures reflected the CFTC's "statutory obligation to promote responsible innovation," and supported President Donald Trump's goal of making the United States the "crypto capital of the world." Selig is the only commissioner on the CFTC, which normally ​has five commissioners. The agency is also ‌involved in lawsuits with many U.S. states over prediction markets, which let people wager on the outcome ​of events such as sports and elections. Many states consider such wagers a form of gambling. This article has...

Coinbase CEO on bitcoin bottom, AI agents, and his war of words with JPMorgan CEO - Coinbase CEO on bitcoin bottom, AI agents, and his war of words with JPMorgan CEO "We'll fight it, and if we lose, we lose, we'll live — but it will be fought," Dimon said of the bill, which is headed for a full Senate vote. "No one's gonna bow down to this guy or that company," he added. A spokesperson for Dimon at JPMorgan didn't return Yahoo Finance's request for comment on Armstrong's remarks. Here are several key excerpts from our chat with Armstrong. On the war of words with JPMorgan CEO Jamie Dimon "I would love for that [meeting with him] to happen. My door is open whenever he is. But I don't think it's necessary to get actually the bill...

Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains - Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains In a surprising turn of events, Federal Reserve Chairman Jerome Powell threw his support behind the Fed's new stablecoin policies during the conference held this week. The policies aim to provide a regulatory framework for stablecoins, which are quickly becoming integral to the financial landscape. However, the notable absence of Chair Kevin Warsh from the vote caught many by surprise. Powell, speaking at the financial regulatory summit, emphasized the necessity for a modern regulatory framework adjusted to new financial technologies. "Stablecoins represent an...

XRP News: Everything XRP Holders Need to Know About Ripple Swell 2026 - XRP News: Everything XRP Holders Need to Know About Ripple Swell 2026 Brad Garlinghouse, Ripple CEO, and Monica Long, Ripple President, anchor the institutional track. Garlinghouse has consistently cited XRP's three-to-five-second settlement, fractions-of-a-penny transaction costs, and more than 4 billion completed transactions as the core payments proposition, expecting that framing to reappear with updated partnership context. Schwartz's presence as CTO Emeritus keeps the developer and protocol credibility layer intact. The external speakers are worth reading carefully. Tom Farley, chairman and CEO of Bullish, brings a regulated exchange perspective at a...

CME Move To Sue CFTC Over Crypto Perpetual Futures: Here’s Why - CME Move To Sue CFTC Over Crypto Perpetual Futures: Here’s Why So, if anything, these products that he supposedly approved as futures are not futures, they would be swaps. If they're swaps, there are different requirements to participate in the swap market. The classification carries real consequences: swaps participants face stricter eligibility requirements, higher capital thresholds, and different reporting obligations than futures market participants. CME's second front is procedural. Market lawyers quoted in early coverage expect the lawsuit to include an Administrative Procedure Act challenge, arguing the CFTC relied on expedited self-certification and...