Morpho Raises $175M at $2B Valuation as Paradigm and A16z Back DeFi Push – Bitcoin News

Key Takeaways Morpho raised $175M from Paradigm, A16z Crypto, and Ribbit at a $2B valuation. Morpho’s $6.6B TVL highlights rising institutional demand for DeFi lending. Paul Frambot aims to scale Morpho from crypto markets to Wall Street finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving…

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Wintermute Warns Bitcoin Bottom Is Unclear With ETF Outflows Near $3B

Key Takeaways Wintermute said exchange-traded fund (ETF) outflows, not Strategy’s 32 BTC sale, drove bitcoin below $62,000. U.S. spot Bitcoin ETFs lost $2.97B in 10 days, signaling weaker institutional demand. Wintermute sees accumulation near $62K but says fresh inflows must return to confirm a bottom. Wintermute Sees Early Bitcoin Accumulation but Says Recovery Lacks Confirmation…

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61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections

Key Takeaways 61 crypto leaders urged senators to preserve developer protections inside the CLARITY Act. Supporters say clearer rules could help distinguish software builders from financial intermediaries. Senate changes may determine whether crypto developers keep building in the United States. Developer Protections Move to Center of US Crypto Regulation Debate Crypto regulation is entering a…

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Coinbase, Ripple Join 200+ Organizations Pressing Senate for CLARITY Act Floor Vote

Key Takeaways Coinbase, Ripple, and more than 200 organizations called for a Senate CLARITY Act vote. Supporters argue the bill would improve transparency, accountability, and consumer protections. Congress must still navigate legislative hurdles before the crypto framework can become law. Crypto Coalition Turns Senate Pressure Toward a Floor Vote Washington’s digital asset debate has moved…

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FIFA Prediction Partner ADI Predictstreet Opens to US Traders Despite Licensing Questions Ahead of World Cup

ADI Predictstreet went live June 8 and now trades in 23 U.S. states via Fanatics Markets. Gibraltar granted ADI its first prediction-market license in a reported nine days. ADI traces to Abu Dhabi’s IHC through Finstreet; CEO Psarrakis denies 2022 Qatargate links. A FIFA-branded market enters a crowded U.S. field ADI Predictstreet went live on…

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