Category: crypto

Ark Invest increased its holdings in Coinbase, Circle, Bullish, and Robinhood after all four stocks closed lower on Thursday. Cathie Wood expects inflation to decrease due to falling unit labour costs and increased productivity. Ark’s strategy involves buying stocks during market weakness, with recent purchases totaling millions of dollars.

Tether’s USDT briefly surpassed Ethereum in fully diluted valuation as ETH dropped to its lowest price of 2026. Stablecoin demand continues to rise, even as Ethereum faces market pressure and internal changes. While some Ethereum treasuries are buying the dip, the growth of USDT highlights strong defensive market demand.

Invesco has filed with the SEC to launch a tokenized money market fund for stablecoin reserve management under the GENIUS Act. The fund will invest in cash and U.S. Treasury securities. Superstate will provide blockchain support. Invesco joins other asset managers in offering products for stablecoin reserves to comply with the GENIUS Act.

The FBI is advising victims of the OneCoin cryptocurrency scam to file compensation claims by June 30 through the DOJ’s remission program. The process is free, but does not guarantee payment. Ruja Ignatova remains wanted, with a $5m reward offered for information leading to her arrest. Over $40m in seized assets will be used for…

Kraken is in discussions to acquire a 15% stake in Aave, a decentralized finance lending protocol valued at $385 million. The investment would include 35,000 ETH, 250,000 AAVE tokens, and a 15% equity stake in Aave Group. This move extends Payward’s expansion into blockchain-based financial infrastructure beyond crypto trading.

Iran-linked entities have moved over $3.84 billion through CoinEx since 2019, according to the Wall Street Journal. CoinEx denied ties to the Iranian government but has implemented stricter measures. Investigators traced funds from Iranian central bank wallets to the Bybit hack, raising concerns about money laundering. U.S. officials are targeting crypto flows from sanctioned states…

Jiang Zhuoer, a prominent Chinese Bitcoin miner, predicts that Bitcoin’s bear-market bottom may occur between October and December 2026, with a price range of $42,000 to $44,000. His forecast is based on Strategy’s falling mNAV and weaker market sentiment. However, this prediction is subject to change based on various market factors.

Coinbase CEO Brian Armstrong stated that crypto has bipartisan support in Washington as people question the current financial system. He emphasized expanding products through acquisitions and regulated derivatives, citing issues with fees and access. Armstrong sees crypto as a democratizing force and highlighted the importance of policy and mergers for Coinbase’s growth.

Coinbase has established Luxembourg as its European crypto hub under the EU’s Markets in Crypto-Assets framework, allowing it to serve users across Europe with a single MiCA route. Ripple’s recent CASP approval in Luxembourg also highlights the country’s importance in regulated crypto payments growth in Europe. Binance’s setback in Greece shows the impact of MiCA…

Nearly 70% of Pump.fun tokens stop trading on the same day they are launched, with only 4.55% lasting over 90 days. Easy token creation and low barriers lead to short lifespans, with most tokens losing trading activity within two days. Market pressure and low survival rates highlight the volatility of meme coin markets.