The regulator rejected claims he’s doing President Trump’s bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push. www.coindesk.com
Pressure
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Mining
Bitcoin miners face fresh pressure as BTC nears key support despite $1B May revenue
by shayaanby shayaanBitcoin miners have entered June with revenue above $1 billion for the first time in four months, but falling Bitcoin prices are …
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Finance
‘Western Compliance Pressure’ Will Push Russia Fully into Independent Digital Payments
by shayaanby shayaanStanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital …
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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex …
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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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On-chain data shows a net amount of Bitcoin has been flowing into Binance for 10 days now, a potential sign that investors …
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Regulation
Ex Silvergate officer says regulatory pressure forced bank shutdown
by shayaanby shayaanFormer Silvergate Bank chief risk officer Kate Fraher has publicly challenged the circumstances surrounding her 2024 settlement with the U.S. Securities and …
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Regulation
South Korean government faces pressure as crypto tax petition surpasses 52,000 signatures
by shayaanby shayaanMore than 52,000 South Koreans have signed a petition calling for the outright abolition of the country’s planned crypto tax, and it …
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Markets
Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
by shayaanby shayaanThe revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid’s ecosystem, Compass Point analysts …
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Ethereum pressure mounts as the ETHBTC pair breaks down from a key descending triangle structure. The weakening performance against Bitcoin suggests that …