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California’s lower house has passed a sweeping crypto payments-regulating bill that would also allow the state to take idle crypto holdings from exchanges if an owner hasn’t accessed their account in three years.The California State Assembly passed Assembly Bill (AB) 1052 in a 78-0 vote on June 3, w…
The millionaire leveraged crypto trader James Wynn has been liquidated of nearly $25 million in Bitcoin after betting with leverage that the cryptocurrency’s price would rise.Wynn was liquidated for 240 Bitcoin (BTC) and had “manually closed part of his position to lower the liquidation price,” onch…
Ukrainian police have arrested a man and accused him of hacking the accounts of an international hosting company and using its servers to mine crypto in an apparent case of cryptojacking. Cyber ​​​​police officers from Ukraine’s National Police said in a June 4 statement that a 35-year-old man from …
Bitcoin may surge to new all-time highs above $115,000 next month if institutional buying continues and US job data is “weaker-than-expected,” say analysts.“In a bullish scenario, driven by strong institutional interest and ETF inflows, Bitcoin could touch $115,000 or higher by early July,” Bitfinex…
The derivatives arm of crypto exchange Crypto.com has sued the Nevada gaming and gambling regulator over its restriction on the trading of sporting event contracts.North American Derivatives Exchange, Inc., which does business as Crypto.com’s North American derivatives business, sued the Nevada Gami…
Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee.According to the calendar of the US Senate Committee on Agriculture, Nutr…
Key takeaways:Ether's price is up 46% in 30 days.ETH/BTC is up 30% in the past month, signaling stronger demand for Ether.Spot Ethereum ETFs see 12 consecutive days of inflows.Ether’s price is up by 7% over the last three days, leading to optimism among traders that the biggest altcoin is ready for …
Binance has identified and moved to restrict the use of bots exploiting Alpha, its early-access token distribution system, the exchange said on June 4. In a post, Binance said it had “recently detected certain groups using bots to participate in Alpha activities, which undermines the fairness of the…
Key points:Bitcoin trades between increasingly thick bands of liquidity as traders await a breakout.Above current spot price lies a particularly important area for bulls when it comes to new all-time highs, analysis says.Macroeconomic conditions are not yet providing an impetus for risk-asset volati…
The growing convergence of blockchain and artificial intelligence could see the decentralized physical infrastructure network (DePIN) market soar past $3.5 trillion in the next three years, according to the World Economic Forum (WEF).DePIN merges blockchain technology with community-owned physical i…
Moscow Exchange (MOEX), Russia’s largest stock exchange, launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbed into the world’s top 25 ETFs by assets under management (AUM).MOEX introduced a futures contract tied to IBIT on June 4, according to an announcemen…
India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan.In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’…