Arizona reconsiders Bitcoin reserve plan using forfeited digital assets
Arizona lawmakers have voted to revive a bill that would expand the state’s forfeiture laws to include digital assets and establish a new Bitcoin reserve fund. Following a June 19 motion in the Senate, House Bill 2324 is headed back…...
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Cisco Talos: New North Korean threat ‘PylangGhost’ targets crypto workers through fake job sites
Cisco’s threat intelligence organization, Cisco Talos, has detected a new Python-based malware called ‘PylangGhost.’ It is linked to the North Korean hacking group, Famous Chollima. According to a recent blogpost by Cisco Tallos, the PylangGhost is exclusively used by North…...
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South Korean regulators push crypto ETF plan to power up local market
South Korea’s top financial watchdog is taking steps to bring spot crypto ETFs and stablecoin regulation into the mainstream as part of a broader plan to modernize the country’s digital asset market. According to a June 19 report by local…...
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Bitcoin at $100K Shows Institutional Dominance, Not Retail FOMO
Bitcoin network activity shows a decline in transactions but a rise in settlement volume, “pointing to increased usage by large entities,” reported Glassnode on June 19. It added that a “clear divergence” has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in...
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How Will $3.9B Crypto Options Impact Market Momentum?
Around 34,000 Bitcoin options contracts will expire on Friday, June 20, and they have a notional value of roughly $3.3 billion. This event is slightly larger than last week’s options expiry, but the impact on spot markets is likely to be minimal. They have been on the back foot...
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Politicians’ memecoins, dropped court cases fuel crypto ‘crime supercycle’
Blockchain sleuths ZachXBT and Taylor Monahan say crypto scammers have been emboldened with US regulators dropping crypto-related court cases and politicians endorsing memecoins....
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Circle’s Blockbuster Success Aside, Tether CEO Doesn’t Want To Go Public: ‘Not Trying To Please’ Couple Of JPMorgan Analysts
Paolo Ardoino, CEO of stablecoin issuer Tether (CRYPTO: USDT), said Thursday that the company has no plans to go public, despite Circle Internet Financial’s (NYSE:CRL) success on Wall Street. What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino cited the company’s profitability and conservative management as key...
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Bitcoin Holds $104,000 Support As Market Deleverages Following Fed Decision – Is A Rally Brewing?
Yesterday, the US Federal Reserve (Fed) held interest rates steady for the fourth consecutive time, dampening hopes for a significant rally in risk-on assets like Bitcoin (BTC). However, on-chain indicators suggest that BTC is experiencing strong demand – potentially laying the groundwork for its next move upward. Bitcoin Sees...
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Cardano enters Brave Wallet’s beta program — can access to 88M users lift ADA from lows?
Cardano has quietly been added to the beta version of Brave Wallet, giving the blockchain protocol direct exposure to the browser’s 88 million monthly active users. The update was first spotted by a Cardano-focused X page on June 19, which…...
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Kraken launches Bitcoin staking service through Babylon integration
Kraken has introduced Bitcoin staking through Babylon integration, marking the exchange’s first offering that allows clients to earn yield on their BTC holdings without moving them off the Bitcoin blockchain. The announcement, published in a June 19 blog post, positions…...
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