Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash
The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19 months. Aside from losing more than $20,000 in approximately three weeks, BTC’s calamity dragged almost all altcoins. This has intensified...
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SK Hynix drops below $1T market cap after brief stint in the trillion-dollar club
SK Hynix’s market cap drop highlights the volatility in the memory chip sector, emphasizing the cyclical nature and competitive pressures in tech. The post SK Hynix drops below $1T market cap after brief stint in the trillion-dollar club appeared first on Crypto Briefing....
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House Ways and Means Committee circulates seven digital asset tax bills ahead of June 9 hearing
The proposed crypto tax reforms could significantly ease compliance burdens, fostering broader adoption and reshaping digital asset economics. The post House Ways and Means Committee circulates seven digital asset tax bills ahead of June 9 hearing appeared first on Crypto Briefing....
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Federal Reserve’s reverse repo facility drops to $761M as liquidity drains toward risk assets
The shift of liquidity from the Fed’s facility to risk assets may increase market volatility and influence investment strategies. The post Federal Reserve’s reverse repo facility drops to $761M as liquidity drains toward risk assets appeared first on Crypto Briefing....
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American economy adds 172,000 jobs in May as unemployment holds at 4.3%
Robust job growth and stable unemployment may deter rate cuts, potentially impacting investment strategies and crypto market dynamics. The post American economy adds 172,000 jobs in May as unemployment holds at 4.3% appeared first on Crypto Briefing....
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EToro reports record retail investor buying in semiconductor stocks in May 2026
The surge in semiconductor stock buying highlights potential risks of overexposure and volatility for retail investors as momentum may wane. The post EToro reports record retail investor buying in semiconductor stocks in May 2026 appeared first on Crypto Briefing....
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Dragonfly GP Tom Schmidt calls Nova Markets team ‘huge scammers,’ then partially walks it back 52 minutes later
Public accusations and retractions by influential figures can undermine trust and highlight the importance of thorough due diligence in investments. The post Dragonfly GP Tom Schmidt calls Nova Markets team ‘huge scammers,’ then partially walks it back 52 minutes later appeared first on Crypto Briefing....
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S&P Global declines to revise rules for megacap IPOs like SpaceX
S&P’s decision underscores the importance of financial health over size, potentially influencing IPO strategies and market dynamics significantly. The post S&P Global declines to revise rules for megacap IPOs like SpaceX appeared first on Crypto Briefing....
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Pump.fun launches bounty platform for viral memecoin stunts with rewards up to $57,000
Pump.fun’s bounty platform could drive increased Solana network activity but raises ethical concerns over incentivizing risky behavior. The post Pump.fun launches bounty platform for viral memecoin stunts with rewards up to $57,000 appeared first on Crypto Briefing....
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Long-term unemployment in US rises to 1.8M, up 45% since 2019
Rising long-term unemployment exacerbates economic inequality, erodes mental health, and depresses wage growth, signaling structural issues. The post Long-term unemployment in US rises to 1.8M, up 45% since 2019 appeared first on Crypto Briefing....
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