Category: News

Stand With Crypto UK Launches Campaign Against Bank Crypto Limits

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Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions to regulated platforms are restricting access to digital assets. The new campaign cites a report from the UK Cryptoassets Business Council that found 40% of crypto transactions are blocked or restricted by UK banks. The group argues that many of the restrictions apply to transfers involving exchanges registered with the country’s Financial Conduct Authority and do not account for individual customer risk profiles. According to the…

Bitcoin Reclaims $62K as Trump Strikes Iran, Leaving $94M in Trades Wiped Out

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Key Takeaways Bitcoin reclaimed $62,000 on Wednesday, shrugging off a brief dip below $61,000 after an overnight U.S.-Iran fire. The BLS reported May headline CPI hit 4.2%, dampening investor appetite for speculative digital assets. Unresolved Middle East conflict has sparked fears of a rate hike at the Kevin Warsh-led Fed on June 17. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping below $61,000. Market data shows the…

Bitcoin Price Drops Follow BOJ Rate Hikes: Is Another Crash Developing?

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Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to 28%. This dynamic places renewed attention on the BOJ’s June 16 policy decision.  Data currently point to a variety of pressures on BTC, with BTC whale distribution and exchange inflows possibly carrying more weight than Japanese monetary policy.   BOJ hikes and Bitcoin drawdowns: Will history repeat? The relationship between BOJ policy and Bitcoin has gained attention because each rate increase since Japan ended its negative…

CFTC Drafts Its First Major Framework

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The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law.  The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under…

The Graph (GRT) Integrates AI for Natural Language Blockchain Queries

Tony Kim Jun 10, 2026 18:06 The Graph introduces MCP servers and AI agent skills, enabling natural language queries for blockchain data without GraphQL or Rust expertise. The Graph, a leading blockchain data indexing protocol, has unveiled new tools that make querying blockchain data as simple as asking a question in natural language. Through its Model Context Protocol (MCP) servers and AI agent skills, users can now access live on-chain data without needing to write complex GraphQL queries or Rust code. This…

Whales ‘Quietly Bought’ the $60K Bitcoin Dip as Whale Ratio Hits 61.6%

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Key Takeaways Cryptoquant says whales drove buying at the $60K–$61K bottom, with the Exchange Whale Ratio hitting 61.6%. More than 11,000 BTC left exchanges, marking the $60K–$61K zone as a likely support level. The signal counters a record sell-off that dragged bitcoin to a 2026 low near $59,000. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm said the Exchange Whale Ratio surged to 61.6% at the $60,000–$61,000 bottom, a reading it described…

Crypto Analyst Gives Timeframe For When The Bitcoin Price Will Hit $200,000

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The Bitcoin price could be on track to reach $200,000 within the next one to two years, according to crypto analyst @CryptoTice_. Backed by a long-term cycle chart, the analyst argues that Bitcoin is once again moving through a familiar historical pattern, placing the current phase in what he describes as a key accumulation zone ahead of a potential major rally. Bitcoin Price Path Points To 2027 Target The chart maps Bitcoin’s previous market cycles and outlines a potential path toward $200,000. Based on this projection, the target could be…

Bitcoin erases CPI gains after Trump escalates Iran threats

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Bitcoin has erased its post-CPI gains after renewed threats from U.S. President Donald Trump against Iran pushed traders back into risk-off positioning and sent the crypto asset below $62,000. Summary Bitcoin gave up its CPI-driven gains after renewed U.S.-Iran tensions pushed traders back into risk-off mode. Donald Trump warned Iran would “pay the price” and signaled potential strikes on Iranian infrastructure, while oil climbed to $90 per barrel. K33 Research says over 50% of the Bitcoin supply is now underwater, with traders watching support near $60,000 and resistance around $64,000.…

Japan’s 3 Biggest Banks Join Forces to Launch Yen Stablecoin by March 2027 – Bitcoin News

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Key Takeaways MUFG, Mizuho, and SMBC signed an MOU on June 10, 2026, to issue a joint yen stablecoin. The banks target live corporate transactions by March 2027, built on a November 2025 FSA pilot. USD stablecoins hold 84 to 90% of a $300B market Japan’s megabanks now plan to challenge. Banks Sign MOU, Form Governance Council MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation (SMBC) confirmed the initiative in a coordinated press release on June 10, 2026. The three banks have entered a memorandum of understanding to establish…

Anchorage Requests Treasury Clarification on GENIUS Act AML Rules

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Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act, arguing that the rules largely strike the right balance between compliance and innovation. In a letter published Wednesday, Anchorage said the proposed framework appropriately places AML obligations on regulated stablecoin issuers while urging Treasury to clarify secondary-market sanctions liability, enterprise-wide AML programs and correspondent account requirements. Specifically, Anchorage argued that issuers should not face strict liability for…