Coinbase secures MiCA license to serve EU states Coinbase has obtained a MiCA license from Luxembourg's financial regulator. The license allows the company to offer crypto products across all 27 EU member states. This covers about 450 million people under a unifi
Brian Armstrong cites high fees, delays, and unequal access as key frustrations driving bipartisan crypto support in Washington. Coinbase CEO Brian Armstrong stated that 80% of Americans believe the current financial system is failing, highlighting issues like high fees, t
The bank forecasts a 50x surge in AAVE from current levels, citing DeFi growth and recovery from past liquidity issues. Standard Chartered initiated coverage on AAVE with a $3,500 price target by the end of 2030, representing a nearly 50x increase from its current level of
Michelle Bond Salame, wife of convicted FTX executive Ryan Salame, will stand trial for alleged unlawful political contributions tied to the exchange’s collapse. Michelle Bond Salame, spouse of former FTX executive Ryan Salame, is scheduled for a November trial on campaign
BTC falls toward $59K amid spot ETF outflows and a stronger USD, reversing recent gains as inflation fears ease. Bitcoin dropped to $59,060 on Wednesday, erasing earlier gains as the US dollar index surged to its highest level in 13 months. The decline follows spot BTC ETF
Bitcoin fell to $59,2175, its lowest since early 2023, dragging Ethereum, XRP, and Dogecoin down amid broader risk-off sentiment. Bitcoin plunged to $59,2175, its lowest level in 21 months, before recovering slightly to $60,700, marking a 2.7% decline over 24 hours. The se
YieldMax Bitcoin Option Income Strategy ETF (YBIT) announces weekly distribution of $0.1443, -4.63% lower from the prior week's distribution of $0.1513. - The annual distribution rate is 38.98%, with an SEC yield of 2.12%. The return of capital is 91.27%. - Payable June 26
A 40% budget reduction and layoffs at the Ethereum Foundation follow the debut of rival research group EthLabs, sparking debate over network governance. The Ethereum Foundation announced a 40% budget cut and laid off approximately 20% of its workforce this week. The move f
Bitcoin falls over 5% in 24 hours, dragging crypto-linked equities lower amid broader market pressure. Bitcoin (BTC-USD) declined more than 5% in the past day, trading near $59.36K as selling intensified. The drop extends a weekly loss to 10% and a monthly decline to nearl
Analysts warn Strategy must rebuild USD reserves to cover 24 months of dividends as STRC hits a record low of $79.85. CryptoQuant advised Strategy to immediately stop buying Bitcoin and prioritize cash reserves to ease pressure on its preferred stock, STRC. The firm’s USD
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