Macroeconomic concerns and profit-taking are slowing down crypto’s momentum, but a bull run may be in the works Crypto markets are in recovery mode, but profit-taking and macroeconomic risks continue to weigh on sentiment. On Friday, June 27, Bitcoin (BTC) traded at $106,600, pulling back 1% over the past 24 hours. Altcoins saw similar performance, with the top 100 assets by market cap down about 1%. Bitcoin and major altcoins have mostly recovered their losses following the initial crash sparked by the Iran-Israel conflict. With the geopolitical tensions easing, the…
Month: June 2025
Nasdaq Hits Record While Bitcoin, Gold Remain Under Pressure After Latest Macro Data
Bitcoin continues to consolidate in the $102,000 to $108,000 range and gold is lower by 2% today and roughly 7% from its record high. Meanwhile, the Nasdaq 100 has reached new all-time highs. A couple of U.S. macroeconomic data points Friday morning — though nearly two months old at this point — might have added to the modestly negative tone for BTC and gold. Personal income in May came in at -0.4%, falling short of the expected increase of 0.3%. Personal spending month over month printed at -0.1%, missing the…
Over $2.1B Lost in Crypto Hacks This Year — Bybit Leads
Key Notes Over $2.1 billion stolen in 75+ crypto hacks during the first half of 2025. Bybit alone lost $1.5 billion, accounting for 70% of total losses. TRM Labs links 80% of losses to infrastructure breaches and advanced tactics. TRM Labs recently reported that crypto hacks and exploits in the first half of 2025 exceeded $2.1 billion, based on at least 75 incidents. The February 21 Bybit hack alone accounted for $1.5 billion, representing around 70 percent of the total and marking a new record for first-half losses. Crypto Hack…
Legal Strategy Matters More Than Ever For Your Crypto Startup In The UAE.
Opinion by: Irina Heaver, crypto lawyer. Founders who treat regulatory structuring as a central part of their go-to-market strategy are the ones who thrive in the UAE. Unfortunately, many founders view licensing as an afterthought. The UAE is not a place where you can cut corners. It is, however, a place where thoughtful, well-prepared founders are rewarded with speed, clarity and access to a highly supportive ecosystem. Contrary to some founders’ beliefs, regulators are not the problem — confusion, poor planning and lack of readiness are. The crypto licensing landscape…
How Russian miners built a mobile crypto farm and got busted
What is crypto mining on wheels, and how did Russian authorities discover it? A mobile cryptocurrency mining operation involves installing mining equipment, such as application-specific integrated circuits (ASICs) or graphics processing units (GPUs), in portable units like trucks, vans or shipping containers. Mining equipment can be easily relocated to take advantage of inexpensive or unregulated electricity sources, often in remote or industrial areas. Unlike fixed mining farms, mobile setups avoid detection by frequently moving, bypassing electricity meters or directly accessing power lines. While these operations make it easier for illegal…
SEC investigating if Coinbase misstated its user numbers
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Tanaya Macheel reports on news regarding Coinbase. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Experts Highlight ‘Lagging’ Altcoins as Great Accumulation Opportunity
Key takeaways: Ether’s technical breakouts suggest ETH price may hit $10,000 this cycle. Altcoin Season Index says it’s prime time to accumulate “lagging” altcoins. Bitcoin dominance nearing 70% could trigger a full-blown altseason soon. Ether’s (ETH) technical setup suggests that the altcoin is poised for sharp price gains that could mark the start of an “altseason” over the next few weeks or months. ETH price could top $10,000 this cycle – Analyst Technical analysis using the Wyckoff method points to a potential Ethereum price breakout to the $3,200 mark, according…
Spot Dogecoin ETF Gains SEC Traction—Is A Price Surge Next?
Reason to trust 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. Bitwise Asset Management has quietly nudged Dogecoin one step closer to Wall Street’s ETF club, filing an amended S-1 on 26 June that for the first time allows “in-kind” creations and redemptions. The tweak is more…
Crypto ETF Flows Split: Bitcoin Adds $228 Million While Ether Sees $26 Million Exit
Bitcoin exchange-traded funds (ETFs) notched their 13th straight day of inflows with $228 million in fresh capital, led by Blackrock’s IBIT. Meanwhile, ether ETFs stumbled into the red, posting a $26.46 million net outflow. Bitcoin ETFs Extend Winning Streak to 13 Days With $228 Million Inflow The rally in U.S. spot bitcoin ETFs pushed into […] Original
Can You Pay With Crypto Abroad If It’s Illegal Back Home?
The popularity of stablecoins for cryptocurrency payments has increased in recent years, with many global companies embracing new payment methods. Despite the trend, crypto payments remain prohibited for retail users in multiple countries, including China, Indonesia, Russia, Turkey and others. Still, while domestic crypto payments may be banned in these jurisdictions, using cryptocurrency to pay for services abroad may be legally permissible, according to some legal experts and observers of crypto regulation. “As a general rule, the laws of a country apply only to events occurring within that country or…