Key Takeaways SpaceX is joining the Nasdaq-100 and FTSE Russell’s U.S. equity indexes less than a month after its record-breaking IPO. Index inclusion may increase fund demand, trading volume, and visibility among institutional investors. Shares have experienced volatility since listing. SpaceX Inclusion Highlights Growing Influence of Aerospace Innovation in Major Market Benchmark Elon Musk’s Space…
From sweeping regulatory compliance tests for social media content creators to historic macro shifts in the sovereign banking sector, here are the global crypto stories you might have missed this week. 🏛️ Macro & Regulatory Pressures Indonesia Mandates State Competency Certifications for Crypto Influencers In a major structural crackdown on retail shadow-marketing and speculative financial…
Key Takeaways Senate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate. Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms. Polling cited by the group suggests crypto policy may sway battleground-state voters. Stand With Crypto Says Federal Rules for Digital Assets Remain Incomplete as Timeline Tightens…
Key Takeaways OFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets. Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules. After a 5-year run, the FBI seized Huione’s cloud systems to dismantle global crypto scam markets. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud…
Key Takeaways ARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25. All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88. The dip-buying extends Cathie Wood’s high-conviction crypto thesis, anchored by a $1.5 million bitcoin target. Buying Into a Broad…
Key Takeaways Binance notified users in affected EU markets that crypto services will stop from July 1. The exchange told customers their assets will remain safe and accessible. The company withdrew its Greek MiCA application after concluding the approval process would not finish before the EU deadline. Customer Emails Explain Service Changes as MiCA Access…
Key Takeaways Bitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows. Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment. Morgan Stanley’s MSBT added $9.17M, but ETF demand remains weak across crypto markets. HYPE ETFs Turn Negative After Weeks of Inflows as Crypto Selloff Widens The pressure that…
Key Takeaways USDT briefly passed ether by market cap at about $186.06B versus $185.66B, the first time in roughly 8 years. Tether’s issuance-driven growth met a falling ether price near $1,500, closing a gap that had narrowed for months. Ether subsequently reclaimed second place as prices firmed, but USDT’s continued rise reflects stablecoins’ growing dominance…
Key Takeaways X Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit. The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000. A full public rollout is targeted for mid-2026, even as Senator…
The EU is weighing a 1% online gambling tax, the S&D group says could raise $2.3-4.6 billion a year. MEP Victor Negrescu proposed the levy in February; the Commission is now preparing a formal assessment. Malta, where gambling is roughly 10% of GDP, opposes the tax on fiscal-sovereignty grounds. From national crackdowns to a Brussels…
