Robinhood Securities said it had secured approval to act as an IPO underwriter, moving from a distribution role into the main underwriting group alongside Wall Street banks. Chief executive Vlad Tenev said in a Tuesday X post that Robinhood Securities is “now approved to serve as an underwriter,” without specifying which regulator granted the approval, …
Category archives: Trending Crypto news
Analyst Who Nailed Bitcoin 2025 Top Forecasts ‘Most Likely’ Bottom Scenario for BTC – Here’s His Outlook
One of the few analysts who accurately called Bitcoin’s 2025 top says BTC will likely form a bottom in the near term. The pseudonymous analyst KillaXBT tells his 206,800 followers on X that Bitcoin is likely to trade sideways in the coming months before setting the stage for a massive breakout based on historic precedence. …
Alleged Fraudster Orchestrates $12,500,000 Crypto Trading Scheme, Uses Funds for Ponzi-Like Payments and Personal Expenses: SEC
The U.S. Securities and Exchange Commission (SEC) is charging a Texas resident in connection with an alleged multi-million-dollar crypto asset fraud scheme that raised approximately $12.3 million from about 150 investors. According to SEC Litigation Release filed May 29, 2026, Nathan Fuller allegedly operated the scheme through Privvy Investments, LLC and related names including Gateway …
Bank of America Analyst Details Favorite Chips Trades, Including Nvidia, Credo and More – Here Are the Price Targets
A Bank of America Securities senior semiconductors analyst is bullish on multiple artificial intelligence (AI) chip companies despite the market’s correction. In a new interview on CNBC Television, Vivek Arya says that chip companies still have a lot more upside. Arya believes Nvidia (NVDA), which closed at $208 on Tuesday, may soon soar to $350, …
Pyth unveils continuous pricing indexes for US stocks and commodities
Pyth Network, a blockchain oracle and market data provider, has launched new pricing indexes for US stocks and commodities, a move aimed at supporting around-the-clock trading products across crypto exchanges. The company announced Wednesday that Coinbase, Kraken, dYdX and Nado are already using the indexes to power new trading markets. According to Pyth, the indexes …
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Equipment finance platform Trad.Fi to bring $650M in private credit onchain
US-based equipment finance platform Trad.Fi announced plans to bring up to $650 million in private credit onchain over the next 48 months. The initiative targets one of the largest and least digitized credit markets in the US, the trillion-dollar industry funding manufacturing equipment, industrial systems and residential solar installations, according to an announcement shared with …
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Bitcoin price may slide toward $30K as institutions dump 450% of daily BTC supply
Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative. Key takeaways: Data shows institutions are offloading around 450% of the daily BTC supply. Bitcoin risks slipping below $30,000 if supply absorption remains weak. Institutions are selling almost 2,000 BTC per day Capriole Investments’ …
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Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
Botanix, a Bitcoin scaling network that set out to bring “real utility” to BTC without token incentives, is winding down after four years in operation. In a Tuesday post on X, Botanix told users to withdraw all Bitcoin and other assets by July 9, after which remaining assets will be swept and “be unrecoverable.” The …
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EU proposes ban on 11 crypto platforms in Russia sanctions push
The European Union proposed banning transactions on 11 crypto platforms as part of its 21st sanctions package against Russia. Kaja Kallas, vice president of the European Commission and the EU’s high representative for foreign affairs and security policy, outlined measures targeting banks, weapons manufacturers, oil traders, refineries and other entities outside the bloc. “We will …
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World Cup 2026 Prediction Markets Now Live on Whale.io with $90K in Prizes
June 10th, 2026 – Mahe, Seychelles class=”ql-align-justify”>Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn their football …
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Meta Discloses Instagram Data Breach As Cyberthieves Access up to 20,225 Accounts – Contact Info and Messages at Risk
The social media giant Meta has disclosed a data breach to government regulators, noting that bad actors gained access to up to 20,225 accounts. Meta notes the exploit happened in April and involved “High Touch Support,” Instagram’s AI-assisted account recovery system, per a letter to the Office of the Maine Attorney General. Amber Hannah, Meta’s …
SpaceX IPO nears 4 times oversubscribed, squeezing crypto and tech
The initial public offering of Elon Musk’s SpaceX has reportedly seen an oversubscription rate running at almost four times the planned offering size, with some analysts suggesting it could be squeezing liquidity from the market. SpaceX’s IPO (SPCX) has attracted over $250 billion in investor demand, far exceeding the $75 billion it is seeking to …
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Chainalysis, South Korean police link up to fight crypto crime
Blockchain security firm Chainalysis is strengthening its collaboration with South Korea’s national police to crack down on crypto crimes, including those involving North Korea. Chainalysis said on Wednesday that it signed a memorandum of understanding with the Korean National Police Agency (KNPA), aimed at building investigative capability within South Korea’s law enforcement. Chainalysis said one …
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Hyperliquid, Paradigm urge revision of GENIUS money-laundering rule
The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and sanctions rule for stablecoin issuers. The Hyperliquid Policy Center and Paradigm said in a letter on Tuesday that some secondary market obligations should be clarified or narrowed “to avoid unintended …
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‘Maximal’ ban on insider trading would hurt prediction markets, says researcher
Prediction market regulators should consider a measured approach to insider trading enforcement as opposed to an outright ban, according to research from an academic at the Stevens Institute of Technology. In a paper released on June 2, assistant professor of finance Balbinder Singh Gill developed a formal economic model to answer the question of how …
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