SEC Charges Texas Man With $12.3M Crypto Fraud Using Fake AI Trading Bots

The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered…

Texas Bitcoin Reserve to Shift From ETF to BTC Custody

Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins,…

Bitcoin Loses Global Top 10 Asset Spot as Market Cap Falls to $1.48T

Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap. Key takeaways:…

Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may…

Bitcoin Treasury Space Still Has Fair Share of ‘Carnival Barkers’: BSTR Founder

The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot…

US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury Secretary Says

The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said Friday, adding that some of the wallet owners may not yet know the…

NYSE Parent ICE Seeks ‘Level Playing Field’ for 24/7 Onchain Perps

Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), is urging regulators to allow regulated exchanges to offer 24/7 onchain perpetual futures trading, according to ICE CEO…

Bitcoin ETFs Post Record Nine-Day Outflow Streak

US-listed spot Bitcoin exchange-traded funds (ETFs) posted their longest outflow streak since launch, extending withdrawals as institutional demand for Bitcoin exposure weakened. Spot Bitcoin ETFs recorded another $223 million in…

Ethereum Price Structure ‘Weakening’ as Traders Focus on $1.8K Support

Market analysts say Ether (ETH) still faces “downside pressure” that could trigger another ETH price sell-off as traders shift their focus to support at $1,800.  Key takeaways: Ether faces downside…

Bitcoin Retail Sentiment Still Matters, Says Swan Bitcoin CEO

Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory…