Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As …
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Markets
Bitcoin drops below $62,000 as $1.5 billion in crypto longs get wiped out
by shayaanby shayaanPresto Research says bitcoin’s drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for …
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Markets
SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
by shayaanby shayaanSpaceX’s proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of …
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Markets
Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch
by shayaanby shayaanCoinbase announces INR rails to make the platform fully accessible to Indian retail traders. www.coindesk.com
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Markets
A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor
by shayaanby shayaanNYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures …
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Markets
XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
by shayaanby shayaanFrom May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, …
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Finance
Blackstone and Apollo line up $36 billion chip debt deal for Anthropic
by shayaanby shayaanAnthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed …
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Markets
U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands
by shayaanby shayaanThe seizure, falling under “Operation Economic Fury,” aims to restrict Iran’s access to overseas revenue, banking networks, and crypto infrastructure. www.coindesk.com
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Markets
Bitcoin ETFs Register $4 Billion Outflows In 3 Weeks – Why This Is A Bullish Signal
by shayaanby shayaanFollowing its bullish performance at the start of Q2 2026, the Bitcoin spot ETFs market has slumped into negative momentum in recent …
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Regulation
Gaming Industry Warns Prediction Markets Have Cost States Over $1 Billion in Gambling Taxes
by shayaanby shayaanThe rapid expansion of prediction markets has sparked a fresh dispute between gambling operators and financial regulators across the United States. Casino …