Tokenized Asset Market Surges to $43B
Tokenized financial assets have reached $43B, surging 37% in six months as institutions enhance blockchain adoption and diversify beyond funds and private credit. #Update #Crypto $BTC
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto PAC Invests $12M in Alabama Runoff
@DefendAmericanJobs spent over $4.7M supporting Republican Barry Moore in Alabama’s Senate primary runoff, with a total of $12.1M backing his campaign as pro-crypto policies are at stake. #Update #Crypto $BTC
FBI Foils White House Drone Attack
Federal authorities disrupted a plot to attack the White House UFC Freedom 250 event, involving explosive drones and shooters; crypto firms like @cryptocom sponsored the event. #Breaking #Legal
Bank of Japan Raises Rates to 1995 High
The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest since 1995, with Bitcoin stable at $66,300; over $535 million in crypto futures positions were liquidated. #Update #Crypto $BTC
Metaplanet Launches Securities Arm via Siiibo
@Metaplanet to acquire Siiibo Securities for 2.1 billion yen ($13.1 million) to establish a securities arm, aiming to develop Bitcoin-related financial products in Japan #Update #Crypto $BTC
SpaceX Shares Surge on $60B AI Deal
SpaceX shares hit $210 as @SpaceX agrees to acquire AI startup Cursor for $60 billion in an all-stock deal, boosting its AI capabilities. #Update #Tech
Iran Peace Deal Signed Amidst Contradictions
US President Donald Trump announced a potential peace deal with Iran to be signed Sunday, which could reopen the Strait of Hormuz, impacting global oil supply and possibly boosting $BTC. #Update #Crypto $BTC
Crypto Stablecoins Back UFC Event Bonuses
Some UFC fighters will receive bonuses in @WorldLiberty’s USD1 stablecoin, totaling up to $250,000. The coin’s price recently rose above $1 amid increased trading volume. #Update #Crypto $USD1
Robinhood Cuts 290 Jobs Shares Surge 5%
Robinhood cuts 290 jobs, taking a $28M restructuring charge as HOOD shares rise 5% amid record trading volumes. CEO Vlad Tenev emphasizes a lean team strategy. #Update #Finance
Crypto Agents Launch Unstoppable Escape Plan
Experts warn that “Unstoppable Autonomous Agents” (UAAs) with access to crypto wallets could pose significant threats, potentially leading to insider trading advantages and unpredictable market dynamics. #Update #Crypto
Crypto Price Discovery Boosted by SpaceX Launch
@SpaceX’s IPO on June 12 raised $75B at $135/share, valuing it over $2T; however, crypto traders were left without allocations as platforms canceled tokenized access campaigns. #Update #Crypto $SPCX
Robinhood Cuts 10% Workforce Amid Strength
@Robinhood is cutting 10% of its workforce, affecting about 290 employees, as part of a restructuring to improve efficiency despite record trading volumes. The company expects $28M in restructuring charges. #Update #Crypto
US Stocks Face Stagnation as Gains Fade
Savita Subramanian, head of US Equity Strategy at Bank of America Securities, warns that broad market gains are unlikely to continue, holding a bearish outlook on the S&P 500. #Update #Crypto $BTC (-8) ↘
USDC Powers AI to Build and Run Businesses
@LocusFounder enables agents to settle payments in $USDC directly into non-custodial wallets, eliminating bank intermediaries and allowing real-time transactions. #Update #Crypto $USDC