Month: June 2025

The US Senate has passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 68 to 30 vote on June 17. The landmark bill sets the first federal regulations for dollar-pegged stablecoins in America and has been lauded by the crypto industry. “The GENIUS Act...

Thailand’s finance ministry has unveiled a plan to drop capital gains tax on cryptocurrencies for five years. Starting Jan. 1, 2025, and running through Dec. 31, 2029, people selling coins like bitcoin through licensed Thai platforms won’t pay tax on those profits. The move comes as Bangkok tries to pull more...

A Nasdaq-listed biotech company is betting big on crypto with a $50 million move into Hyperliquid’s HYPE token. According to a June 17 press release from Eyenovia, Inc., a U.S.-based ophthalmic technology firm, the company has secured $50 million in…...

In a historic vote, the U.S. Senate has passed the GENIUS Act, a bipartisan bill aimed at establishing federal rules for stablecoins. According to a CNN report, on June 17, the bill cleared the Senate with strong bipartisan support in…...

Anthony Scaramucci, founder and CEO of SkyBridge Capital, tapped into the ongoing debate about political integrity Tuesday by quoting former President Harry Truman. What happened: In an X post, Scaramucci remembered words of the 33rd president of the U.S., which go like, “I could never lend myself to any...

Cryptocurrency behemoth Coinbase Global Inc. (NASDAQ:COIN) is seeking the SEC’s approval to offer “tokenized equities” to its customers, according to a report on Tuesday. What Happened: Paul Grewal, the chief legal officer of Coinbase, said in a Reuters interview that the concept is a “huge priority” for the company. However, he did not...

Crypto markets slipped across the board Wednesday, with altcoins leading the decline and Bitcoin continuing to trade in a tight band just above $105,000. XRP XRP fell 3.4% to $2.16, Cardano’s ADA ADA lost 4%, and ether ETH dropped 2.5% to just over $2,500. Meanwhile, BNB Chain’s BNB BNB...

XRP fell 4.5% over the past 24 hours, dropping from $2.254 to $2.164 as sellers overwhelmed buyers and forced a breakdown below key support levels. The token now faces increasing pressure at the $2.20 resistance level, with technical indicators showing a sustained downtrend that has yet to reverse. News...

A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked to the alleged mismanagement of investor funds amounting to over $650 million. The decision, issued on Tuesday by the Seoul Southern District Court, comes nearly a year after Haru...

DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a treasury asset....