Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday. Peirce, who was appointed by now crypto-friendly President Donald Trump in 2018 and heads the SEC’s newly created Crypto Task Force, noted: “…generally, it’s good …
Monthly archives: June 2025
Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin positions liquidated after the price of BTC dipped below $105,000. The swift market downturn, triggered in part by new tariff announcements from the United States, …
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Jamie Dimon casts doubt on US dollar as global reserve currency
At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s reserve currency. While acknowledging China as a potential threat, Dimon stressed that the real danger comes from within the United States. “China is a potential …
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Libra Case Update: $57 Million Frozen, Investigations Progress
Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations …
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Inside the Crypto Whale Games: How Liquidation Hunting Targets Leveraged Traders
One of crypto’s infamous high-stakes traders forfeited more than $100 million on the decentralized exchange (DEX) Hyperliquid. The pressing question now is: Was this catastrophic unraveling of leverage quietly orchestrated by the tactic known as liquidation hunting or simply bad luck? Crypto Perp Traders Beware: The Mechanics of Liquidation Hunting When Hyperliquid trader James Wynn …
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Vance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review
Vance champions Bitcoin at Las Vegas Conference, Trump Media secures $2.5B to buy bitcoin, Blackrock warns of quantum hack risk, and more in this Week in Review. Week in Review U.S. Vice President J.D. Vance announced the end of “Operation Chokepoint 2.0” and voiced strong support for Bitcoin at a Las Vegas conference, while Trump …
Bitcoin Price Watch: Market Stalls at $104K—What Comes Next?
Bitcoin price stands at $103,997 to $104,281 over the last hour as of June 1, 2025, with a market cap of around $2.06 trillion. During the past 24 hours, the leading crypto asset has recorded a trading volume of $15.8 billion within an intraday range of $103,127 to $104,947 per bitcoin, reflecting a narrow consolidation …
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Latam Insights: Bolivia Bans Crypto Energy Transactions, Panama Accelerates Bitcoin Adoption
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Bolivia bans a state-owned oil company from using crypto to settle energy transactions, Panama accelerates bitcoin adoption policies, and the IMF approves El Salvador’s economic performance. Bolivia Bans State Oil Company From …
Amboss Launches Rails: Earn Yield on Bitcoin and Enhance Lightning Network Utility
Amboss, a solutions provider for the Bitcoin Lightning Network, has launched Rails, a self-custodial bitcoin service aimed at enhancing asset utility for companies, custodians, and high net worth individuals. Rails allows participants, referred to as Liquidity Providers (LPs), to maintain full custody of their bitcoin while generating returns through payment routing and liquidity leases, thereby …
Analyst Who Nailed 2021 Bitcoin Top Predicts New Leg Up for Bitcoin – But There’s a Catch
An analyst with a history of making timely Bitcoin calls believes that BTC is gearing up for a huge upside burst despite struggling to clear the $110,000 level. Pseudonymous analyst Dave the Wave tells his 153,800 followers on the social media platform X that he’s keeping a close watch on Bitcoin’s moving average convergence divergence …
Bitcoin May Go Into Imminent Correction Mode for ‘Weeks and Weeks,’ According to Analyst Willy Woo – Here’s Why
Veteran on-chain analyst Willy Woo says that Bitcoin (BTC) is on the edge of moving into a lengthy correction phase. Woo tells his 1.2 million followers on the social media platform X that BTC has until Monday to avoid printing a bearish divergence on the weekly chart. A bearish divergence happens when price makes higher …
Bitcoin analysts predict $180K to $250K price top in 2025 — Which is most realistic?
Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025. Key takeaways: • Analysts from VanEck, Fundstrat, and Standard Chartered forecast a 2025 BTC top between $180,000 and $250,000, citing institutional adoption and historical market cycles. • Rising global liquidity and record spot BTC ETF …
Man Drains $3,490,000 From US Government, Several Companies in Bank Fraud Scheme: DOJ
A Nevada man has been sentenced to prison for defrauding the government of millions of dollars by stealing US Treasury checks and the identities of their rightful recipients. The United States Attorney’s Office for the District of Utah says 41-year-old Kyle Eugene Duncan-Carle has been sentenced to 72 months in prison after he admitted to …
South African Judge Slams Central Bank for Using Apartheid-Era Laws to Regulate Crypto
A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African Reserve Bank (SARB) for its continued reliance on outdated exchange control laws to regulate cryptocurrencies. …
Ross Ulbricht Given 300 Bitcoin Donation
Ross Ulbricht, the recently freed founder of the Silk Road marketplace, has received a donation of 300 BTC, valued at over $31 million, to his designated donation wallet. The substantial contribution comes as Ulbricht seeks support following his release from prison, where he served a lengthy sentence for his role in operating the dark web …