One of the few analysts who accurately called Bitcoin’s 2025 top predicts that it will take a while for BTC to return to the six-figure level. The pseudonymous analyst KillaXBT tells his 208,000 followers on X that Bitcoin will likely see the $100,000 level but it won’t happen until 2027 based on historical precedence. “I’m …
Category archives: Trending Crypto news
SecondFi traces Cardano wallet exploit to address-level issue
Cardano wallet SecondFi traced the incident to an address-level issue and secured 129 million ADA after attackers drained funds from 374 addresses. A vulnerability in Cardano-based wallet SecondFi allowed attackers to drain user funds, resulting in major losses. SecondFi on Wednesday confirmed it had identified the root cause of the exploit and is now engaging …
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CBOE debuts prediction market with S&P 500 contracts
Cboe launched its first prediction market product tied to the S&P 500 index, citing a growing investor demand for binary options contracts. Market operator Cboe Global Markets has entered the prediction markets business with the launch of Cboe Predicts, a platform debuting with binary contracts tied to the S&P 500. The contracts are now available …
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CryptoQuant warns on Strategy’s dividend coverage as cash reserve falls 38%
Strategy’s cash reserves are now enough to pay only 14 months of dividends from the previous seven-year level. CryptoQuant said the company should pause Bitcoin purchases and rebuild its reserves. After Strategy’s dividend coverage fell to 14 months from seven years, CryptoQuant said the company led by Michael Saylor should pause Bitcoin purchases and focus …
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Aave positioned to capture tokenized asset growth in DeFi: Standard Chartered
Standard Chartered said tokenized assets moving into DeFi could drive deposits into Aave and help the protocol rebuild its position as a dominant onchain lending platform. Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as …
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Citi Strategist Scott Chronert Details ‘Barbell’ Strategy To Capture AI and Broadening out Trades
A US equity strategist at Citi thinks a market rotation could soon give small cap equities a big boost. Scott Chronert says in a new interview with CNBC that the artificial intelligence (AI) trade still remains attractive for now but advises a greater exposure in small non-AI companies. “The issue here is less about conviction …
BTC price four-year trend calls for $76K as analysis says Bitcoin ‘not broken’
Bitcoin research said that BTC price action remained in tune with previous cycles as the bear market produces a 20% discount to its four-year “adoption structure” trend line. Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research. Key points: Bitcoin is acting just like in prior cycles as …
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South Korea adds token securities to capital market overhaul
South Korea’s Financial Services Commission has placed token securities infrastructure within a wider capital-market modernization plan covering faster settlement, longer trading hours and digital transformation. South Korea’s financial regulator folded token securities infrastructure into a broader overhaul of the country’s capital markets, alongside plans for faster settlement, longer trading hours and greater use of artificial …
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Pennsylvania Man Faces Up To 60 Years in Prison After Using Mortgage Firm To Commit Bank Fraud
A Shavertown, Pennsylvania man faces up to 60 years in federal prison after a federal jury convicted him of bank fraud and conspiracy for his role in a yearslong scheme to conceal mortgage delinquencies at a manufactured housing lender. James Mahon IV, 66, was convicted June 18 following a trial in Scranton, the U.S. Attorney’s …
OpenPayd secures MiCA license as stablecoin adoption grows in Europe
OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA. Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting. The …
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US nears ban on CBDCs until 2030 as housing bill goes to Trump
The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump’s sign-off. The US House has passed a major housing bill that includes a ban on central bank digital currencies until 2030, in what is set to be a major win for …
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Catholic leaders, US authorities challenge CLARITY Act over illicit activity
“Regulatory certainty should not come at the expense of accountability, transparency, victim protection, or public safety,” the law enforcement associations said. A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July. …
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KOSPI Shock Sends Fresh Warning Across Bitcoin And Risk Assets
TL;DR South Korea’s KOSPI suffered a near-10% drop after regulators warned over leveraged ETF risk tied to major chip stocks. The move matters for crypto because Bitcoin has been trading like a high-beta risk asset during the latest macro sell-off. The key question now is whether the equity shock remains regional or feeds a broader …
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Spot Bitcoin And Ether ETFs Bleed $134M As Institutions De-Risk
TL;DR US spot Bitcoin and Ether ETFs saw combined outflows of about $134 million for the June 22 session. The flow data points to institutional de-risking as crypto prices remain under pressure after the holiday break. The story matters because ETF demand has become one of the clearest signals for whether larger investors are buying …
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Former Ethereum Foundation Researchers Launch Ethlabs With BitMine And SharpLink Backing
TL;DR Ethlabs has launched as an independent nonprofit focused on Ethereum protocol R&D. The group is backed by BitMine, SharpLink, and Joe Lubin, according to the announcement. The launch adds another institutional-looking development layer around Ethereum’s core research ecosystem. Ethereum’s research ecosystem has added a new institutional-facing node after Ethlabs launched as an independent nonprofit …