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US spot Bitcoin exchange-traded funds extended their stretch of net outflows. Trader T data published on June 25 showed the funds posted combined net outflows of $469.05 million a day earlier, marking a fifth straight trading session of redemptions.
Iran's central bank appears to have used cryptocurrency stolen by a North Korean hacking group and laundered the funds through a Chinese-linked exchange, the Wall Street Journal reported. Citing blockchain analysis, the Journal reported on June 24 th
Ripple said Thursday it launched dollar-backed stablecoin Ripple USD, or RLUSD, in Japan with SBI Holdings Inc. and its subsidiary SBI VC Trade. The launch followed approval from Japan’s Financial Services Agency. RLUSD has been recognized as an elec
Today’s Key Economic Events ▶ June 25 (Thursday): △US weekly initial jobless claims (9:30 p.m. Korea time) △US May durable goods orders (9:30 p.m. Korea time) △final third estimate of US first-quarter GDP growth (9:30 p.m. Korea time) △US May persona
The House Financial Services Committee held a hearing on whether to allow cryptocurrency and fintech firms direct access to the Federal Reserve's payment system. The Block reported on June 24 that a key issue at the hearing was whether crypto firms s
Senator Cynthia Lummis pushed back against JPMorgan Chase CEO Jamie Dimon’s criticism of the Clarity Act. In a post on X on June 24, Lummis told Dimon to “sit on the beach over the Fourth of July holiday and read the bill himself.” She wrote that the
Ki Young Ju, chief executive officer of CryptoQuant, said Strategy’s Bitcoin buying is functioning less as a catalyst for price gains and more as a sink for market liquidity. In a post on X on June 24, Ju said Strategy’s current Bitcoin accumulation
U.S. spot-Bitcoin exchange-traded funds posted net outflows for a fourth straight trading session. Data compiled by Trader T showed $113.79 million was withdrawn from U.S. spot-Bitcoin ETFs on June 23. BlackRock's IBIT accounted for the bulk of the o
SecondFi, a project in the Cardano ecosystem, said a recent security breach was caused by a flaw in its proprietary wallet-generation software. Separate analysis suggests total losses may exceed $20 million. Wu Blockchain reported on June 23 that Sec
Two newly created wallets believed to be linked to BitMine have withdrawn a large amount of Ethereum. On-chain analytics platform OnchainLens said June 23 that the wallets withdrew a combined 35,138 ETH from custody firm BitGo and cryptocurrency exch
Today’s Key Economic Events ▶ June 24 (Wednesday): △ US May building permits (9:30 p.m. Korea Standard Time) △ US May new home sales (11 p.m. Korea Standard Time) △ Corporate earnings: Micron Technology (MU) Today’s Key Crypto Events ▶ June 24 (Wedne
Cboe Global Markets is reentering the prediction-market arena after more than a decade by relaunching binary options. Bloomberg reported on June 23 that Cboe plans to list binary options tied to the S&P 500 Index. The contracts allow investors to tra
Franklin Templeton, the global asset manager with $1.7 trillion in assets under management, has launched a dedicated digital-asset investment unit. CoinDesk reported on June 23 that Franklin Templeton completed its acquisition of crypto investment fi
Rising Bitcoin inflows from whales to exchanges could fuel further market volatility, according to a CryptoQuant analysis. CryptoQuant contributor MorenoDV wrote on June 23 that whale inflows to Binance have continued throughout June, and that moves
Hezbollah, the Lebanese militant group, said Israel's recent military action violated the ceasefire agreement. Walter Bloomberg reported on June 23 that Hezbollah said in a statement that Israel's attack breached the ceasefire deal. The statement cam
Ripple has received preliminary approval for a crypto-asset service provider, or CASP, license under the European Union’s Markets in Crypto-Assets, or MiCA, framework. Cointelegraph reported on June 23 that Ripple had won the preliminary approval fro
President Donald Trump has signed two executive orders aimed at accelerating quantum computing development and addressing the security threats the technology could pose. The Block reported on June 23 that Trump signed Executive Orders 14409 and 14411
US spot Bitcoin exchange-traded funds posted net outflows for a sixth straight week. Wu Blockchain reported on June 22 that US spot Bitcoin ETFs saw $227 million in net outflows in the week of June 14-18. That marked the sixth consecutive week of wit
Toss Bank said June 22 that it will work with the Solana Foundation to build next-generation financial infrastructure based on blockchain technology. The South Korean internet-only bank signed a memorandum of understanding with the Solana Foundation
Today’s Key Economic Events ▶ June 22 (Monday): Christopher Waller, governor at the Federal Reserve, is scheduled to speak at 10 p.m. Korea time. Today’s Key Crypto Events ▶ June 22 (Monday): Litecoin (LTC) Summit Amsterdam runs from June 22 to June
Michael Saylor, executive chairman of Strategy, hinted at another Bitcoin purchase. Saylor shared a chart of Strategy’s Bitcoin holdings on X on June 21 and wrote, “Looks better with more dots.” The market interpreted the post as a signal that the co
Fidelity Investments is entering the stablecoin reserve management market, stepping up competition among Wall Street financial firms. CoinDesk reported on June 18 that Fidelity will launch the Fidelity Reserves Digital Fund, a money-market fund for s
U.S. Senator Cynthia Lummis emphasized the importance of digital assets and called for protecting the industry. In a post on X on June 17, Lummis wrote that “sound money” is part of the foundation on which the US was built and that digital assets are
Kentucky has sued prediction-market platforms Kalshi and Polymarket, alleging they are running illegal sports betting operations. CoinDesk reported on June 17 that Kentucky Attorney General Russell Coleman filed the lawsuit, alleging the two platform
Today’s Key Economic Events ▶︎ June 18 (Thursday): △ Federal Reserve rate decision (3 a.m. Korea Standard Time) △ Federal Open Market Committee (FOMC) press conference (3 a.m. Korea Standard Time) △ Bank of England June rate decision (8 p.m. Korea St
European Central Bank officials have kept the door open to further interest-rate increases despite a peace agreement between the US and Iran. Bloomberg reported on June 17 that ECB policymakers believe the recent deal may ease some of the run-up in o
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, reportedly said he could issue a new digital asset after leaving prison. New York Magazine reported on June 16 that Bankman-Fried, who is serving a 25-year sentence, made the rem
Global music franchise FANDOM said June 17 it will tokenize “Something Special,” a new track featuring singer Khalid and actor-artist Ahn Hyo-seop, on a blockchain network. The project will be carried out on Injective, a layer-1 blockchain. Fans will
Deteriorating core metrics at Solana-based memecoin launchpad Pump.fun are spilling over into the broader Solana ecosystem, The Block reported on June 16. Pump.fun’s seven-day average token graduation rate fell to 0.26% last week, down about 80% from
International oil prices fell to their lowest level in three months as hopes grew for a US-Iran agreement to reopen the Strait of Hormuz. Bloomberg reported on June 16 that West Texas Intermediate traded below $77 a barrel, extending losses to a four