Tether has announced plans to launch GELT, a stablecoin pegged to the Georgian lari, in partnership with Georgia's government and central bank. The initiative aims to lower transaction fees and accelerate cross-border trade, while advancing Georgia's ambitions as a crypto-friendly hub aligned with U.S. regulations....
BitMine Immersion Technologies is set to join the Russell 1000 Index on June 26 with a $10.7B market cap, well above the $5.7B threshold. Chairman Tom Lee says the inclusion could trigger billions in automated buying from passive funds, boosting the Ethereum accumulator's institutional profile....
Light Crude Oil Futures dropped nearly 5% to around $91.79, with sellers in control below the $92.05–$92.70 resistance zone. Key downside levels include $91.32, $90.90, and $89.41, while a reclaim above $92.72 would be needed to ease bearish pressure. A sustained crude decline could eventually offer relief at the gas pump, but retail prices typically lag and depend on multiple additional factors....
Tuesday's session is light on data, with Spanish PPI and UK CBI in Europe and the US Consumer Confidence report as the American highlight. The Fed's shift away from its easing bias and ECB's expected June hike remain the dominant policy themes....
Markets are pulling back from recent optimism as the US and Iran edge toward a tentative framework agreement. Analysts warn of a potential "buy the rumor, sell the fact" reaction, as any deal is likely to simply pause the conflict for 60 days with limited changes to Strait of Hormuz access....
Peter Schiff argues investors seeking blockchain benefits will turn to tokenized gold rather than Bitcoin, while ARK Invest CEO Cathie Wood counters that gold is overvalued and Bitcoin's programmatic scarcity makes it the superior long-term savings asset....
SHIB remains structurally weak near $0.00000550, XRP faces a critical test at $1.30 support, Hyperliquid's HYPE shows overheating signals after surging to new all-time highs, and Bitcoin consolidates below key resistance at $81,000 ahead of major U.S. macro data....
Bitcoin fell below $75,000 for the first time in over a month, hitting a low of $74,344 before beginning to recover. Nearly $917 million in crypto futures positions were liquidated in 24 hours, with Bitcoin ETFs also shedding more than $1.25 billion amid six consecutive days of outflows....
Strategy has accumulated 843,738 BTC worth nearly $65 billion, with its seven largest purchases ranging from a $650 million buy in December 2020 to a record $5.4 billion acquisition in November 2024. Here's a breakdown of the firm's biggest Bitcoin buys....
The week of May 25–29 features key economic releases including Australian CPI, the RBNZ rate decision, U.S. core PCE data, and Canadian GDP, with many markets closed Monday for public holidays....
DCG CEO Barry Silbert has declared that crypto's "privacy era" has officially begun, pointing to Zcash's 1,140% annual rally and growing institutional interest as evidence of a fundamental shift in how the market values financial privacy....
JAN3 CEO Samson Mow says he feels sorry for Ethereum as the network battles sluggish prices, a multi-year low ETH/BTC ratio, and billions in institutional paper losses, while co-founder Vitalik Buterin charts a new, more restrained course for the ecosystem....
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