US lawmakers push back on Labor Department plans to include crypto in 401(k)s

In recent developments, the three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Looking closer, market…

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

In recent developments, crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak…

Insurance giant WTW moves into crypto asset recovery with Redefind buy

In recent developments, the global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs. Looking closer, market participants…

Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen:…

In recent developments, a sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. Looking closer, market…

Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

In recent developments, the exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Looking…

Altcoin Season Index at 49 — Traders Need Bitcoin Dominance Below 55% to Tr…

In recent developments, bitcoin’s correction below $70,000 has pulled its market dominance down to roughly 58% and pushed the Altcoin Season Index to 49, raising real questions about whether capital…

Movement expands stablecoin payments push with access to US, Canada, EU rails

In recent developments, the Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances. Looking closer, market participants highlight key drivers…

CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M…

In recent developments, the CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees…

Bitcoin gets new $50K target after BTC price crashes 6% in a day

In recent developments, bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. The development has drawn attention from traders and analysts…

Moonpay Connects Institutions to Franklin Templeton’s Tokenized Funds in Ne…

In recent developments, franklin Templeton and Moonpay have struck a strategic partnership that connects the $1.74 trillion asset manager’s Benji Technology Platform with Moonpay Trade’s institutional infrastructure, giving eligible institutions…