Bitcoin Hits $63,400 Amid Hormuz Closure
Bitcoin trades at $63,400 as Iran keeps the Strait of Hormuz closed despite Trump’s deal claim, impacting oil and inflation. #Update #Crypto $BTC
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Bitcoin trades at $63,400 as Iran keeps the Strait of Hormuz closed despite Trump’s deal claim, impacting oil and inflation. #Update #Crypto $BTC
Autonomous agents increasingly shape blockchain networks, prompting systems like @Audiera to integrate them as formal participants with identity and economic rights. #Update #Crypto
CFTC’s Mike Selig ends “regulation by enforcement,” focusing on rule-based oversight for crypto, derivatives, and prediction markets. $BTC #Update #Crypto
@MicroStrategy’s Michael Saylor clarifies that the ‘never sell’ mantra was for individuals, not the company, after selling 32 $BTC for dividends. Strategy holds 845,256 BTC. #Update #Crypto $BTC
@FigureTech agrees to acquire Kiavi for $717M, integrating AI real estate lending onto blockchain. Sixth Street supports the deal, targeting $7B+ annual loan volume. #Update #Blockchain
Binance launches Bstocks for 24/7 fractional trading of U.S. equities, backed 1:1 by Nest Trading. Initial listings include Circle, Nvidia, and Tesla. #Update #Crypto
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
Ripple and Bitso integrate MXNB and RLUSD stablecoins on XRP Ledger for enhanced cross-border settlement, targeting the U.S.-Mexico corridor. #Update #Crypto $XRP
Coinbase and MassPay connect USDC payouts to a 180-country network, enabling faster global settlements for businesses. #Update #Crypto $USDC
XRP inflows to Binance have decreased, indicating reduced whale selling pressure as XRP targets $2. Current price: $1.14. Analysis suggests potential revisit to $1.8-$2 range. #Update #Crypto $XRP
Blackrock’s Bitcoin Premium Income ETF (BITA) may launch by June 19, offering a 0.65% fee, undercutting rivals ahead of Goldman Sachs’ July launch. #Update #Crypto
The CFTC proposed a rule defining sports event contracts as gaming, banning five categories but allowing most. Event listings grew from 220 in 2021 to over 8,000. Legal
Bitcoin ETFs saw $213.9M outflows, led by @Blackrock’s IBIT; Ether ETFs lost $35.6M. HYPE and XRP ETFs gained $4M combined, indicating selective demand. #Update #Crypto
JPMorgan CEO Jamie Dimon met with Mexico’s President Claudia Sheinbaum to discuss economic growth amid USMCA review, highlighting investment opportunities. #Update #Economy