Few crypto executives have the résumé of Vakhtang Abrahamyan: decades in central banking, now leading a global Web3 company. At Bitcoin 2025, we talked about Fastex’s expansion, RWA tokenization, exchange security, and more. An Interview With Vakhtang Abrahamyan I sat down with Fastex CEO Vakhtang Abrahamyan at the Bitcoin Conference 2025, this year in Las […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Day: June 6, 2025
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Arca Dumps Circle Shares After Disappointing IPO Allocation
Arca Chief Investment Officer Jeff Dorman said the digital investment company has sold all of its Circle shares following the stablecoin company’s recent listing on the New York Stock Exchange. The update followed a scathing open letter published by Dorman on social media on June 5, criticizing Circle for giving the investment firm a “throwaway” allocation in Circle’s initial public offering (IPO). Source: Jeff Dorman According to Dorman, Arca submitted an order for $10 million in Circle shares in April 2025 and only received a $135,000 allocation despite being a…
Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has experienced a sharp pullback, retracing over 10% since yesterday as the broader crypto market faced a wave of volatility. Despite the decline, bulls are showing resilience. ETH failed to break below the critical $2,300 mark and is…
UK to Consider Lifting Ban on Retail Access to Crypto Exchange-Traded Notes
The UK’s financial watchdog is reconsidering its approach to crypto investments by proposing to lift the ban on retail access to crypto exchange-traded notes (cETNs). This shift signals a growing openness to integrating these products into mainstream markets, potentially increasing competition and choice for UK investors. The change would allow individual consumers to buy crypto ETNs on FCA-approved exchanges, a move that other countries have already adopted. A New Chapter for Crypto ETNs in the UK Currently, crypto ETNs remain restricted to professional investors in the UK. The FCA’s proposal…
Bitcoin Price ALERT: Crash Coming or Massive Rally?
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Crypto Market Structure Hearing Devolves into Partisan Claims
Republican lawmakers on the House Financial Services Committee (HFSC) pushed back against concerns that US President Donald Trump could personally profit from his exposure to the crypto industry, dismissing the claims as political “theatrics” amid ongoing debate about digital assets legislation. In a June 6 hearing organized by Democrats, HFSC ranking member Maxine Waters defended that the lawmakers should focus on “information that has not been explored during the committee hearing” on June 4, which dealt with concerns around the Digital Asset Market Clarity (CLARITY) Act. The debate around the…
After Circle’s IPO, Crypto Exchange Gemini Takes Next Step Toward Listing With SEC Filing
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Litecoin Wobbles Under Pressure: Can It Find Footing Below $87?
Grayhoood, a crypto trader, said on X that Litecoin is currently experiencing a bearish trend, emphasizing the ongoing weakness in price action. Over the past 24 hours, LTC has decreased by 2.8%, and the candlestick charts reflect a noticeable downward movement. As shown in the chart he referenced, LTC started the day around $89.00 but faced a sharp decline, dropping to $87.00 before managing a brief recovery to $88.50. However, the price has since fallen again to $84, indicating sustained selling pressure in the short term. Momentum Fades: RSI Drifts…
Big Tech Companies like X Considering Stablecoin Adoption
Growing momentum for United States stablecoin regulation is reportedly pushing major tech firms like Apple, X, and Airbnb to explore digital token integration According to a June 6 report from Fortune, at least four tech companies, including Apple, X, Airbnb and Google, are exploring stablecoins as a means to lower fees and improve cross-border payments. Each company is in a different stage of implementation, with Google perhaps the farthest ahead, having facilitated two stablecoin payments already. Payment infrastructure companies are playing a role. For instance, Airbnb has been talking with Worldpay…