Category: News

Bitcoin options expiry puts $60K support in focus as $2.5B expires

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Bitcoin and Ether options worth about $2.5 billion expire on June 12, putting the $60,000 to $62,000 Bitcoin range back in focus. Summary Bitcoin options worth $2.23 billion expire today as BTC trades close to $63,000 support levels. GreeksLive data showed downside dealer exposure concentrated around Bitcoin’s key $60,000 to $62,000 range. Ether options worth about $293 million also expire, with ETH still flat near $1,650. Around 35,000 Bitcoin options contracts expire today, with a notional value near $2.23 billion. The event is slightly larger than last week’s expiry, but…

Law Enforcement Shuts Down AudiA6 Crypto Laundering Ring

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An international law enforcement operation among 11 countries has shut down AudiA6, a money laundering ring that processed over 336 million euros ($390 million) in illicit funds between 2022 and 2025. On Wednesday, authorities arrested two administrators, Russian and Ukrainian nationals, in Georgia, seized 25 domains and more than 30 servers and 80 vehicles and froze roughly $900,000 in cryptocurrency, the European Union Agency for Criminal Justice Cooperation (Eurojust) said Thursday. The AudiA6 “mixer-as-a-service” was used by cybercriminals involved in ransomware attacks to cash out stolen crypto and conceal the…

Blockworks Acquires Messari in Deal Valued Above $10M

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Crypto data and media company Blockworks has acquired analytics firm Messari for more than $10 million, according to a Wall Street Journal report. Messari is a crypto research and analytics company backed by investors including Brevan Howard Digital and Point72 Ventures. The company raised $35 million in a Series B funding round in 2022 that valued it at around $300 million. Source: Messari According to The Wall Street Journal, the steep discount reflects both Messari’s recent struggles and broader weakness across the crypto sector. Earlier this year, Messari replaced CEO…

Exodus Adds 200+ Tokenized Stocks and ETFs Through Ondo

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Exodus has launched a marketplace for tokenized assets through a partnership with Ondo Finance, allowing eligible users to trade more than 200 tokenized stocks, ETFs and other real-world assets on Solana directly from the crypto wallet. The company said Exodus Markets is available in select markets and that users can access the service by updating to the latest version of the app. Tokenized assets do not represent ownership of the underlying securities and do not provide shareholder rights, according to the announcement. Cointelegraph contacted Exodus to determine which jurisdictions are…

Tokenized Stocks to Win Big on SEC Rule Rescission

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The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks. The SEC on Thursday proposed to scrap two rules in its national market system regulations. Rule 611 that bans “trade-throughs,” where a stock order on one exchange can’t be for a worse price than on another, and Rule 610(e) banning exchanges from displaying a bid at the same or higher price than what is available elsewhere. Galaxy head of research Alex Thorn said the…

LG Electronics, Arbitrum Launch Blockchain Ad Network

South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry.  Arbitrum would give advertisers and publishers a shared database of ad inventory and track how customers interact with advertisements, with the company exploring how to bring the service to market this year, Fortune reported on Thursday. “We are evaluating whether this approach can deliver meaningful value to advertisers, publishers and audiences,” said Samuel Byungsun Park, the head of LG Electronics’ blockchain research lab. …

Coinbase Tool Lets AI Agents Trade Crypto, Make Payments

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Crypto exchange Coinbase has launched a tool that allows artificial intelligence agents to make payments and trade crypto on behalf of users, as crypto companies look to ride a wave of interest in AI. Coinbase said Thursday that it is launching Coinbase for Agents, which will allow AI models like ChatGPT and Claude to connect with a user’s exchange account and be prompted to make trades or execute strategies. AI agents can also make payments using Coinbase’s AI payments protocol x402, allowing the bots to pay for data services to…

Avalanche Treasury Lists on Nasdaq, Shares Fall 16%

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The Avalanche Treasury Company saw a rocky start as it debuted on Nasdaq under the ticker AVAT on Thursday, with shares dropping 16% by the end of the day. The new company gained access to the Nasdaq after merging with special-purpose acquisition company (SPAC) Mountain Lake Acquisition in a $675 million deal first announced in October.  The company, with support from institutional backers including Dragonfly, Pantera, ParaFi Capital, VanEck, Galaxy Digital and Kraken, aims to give investors exposure to the Avalanche blockchain ecosystem without holding the cryptocurrency.  Bart Smith, Avalanche…

Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?

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On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have turned their attention away from the market. Crypto Trading Volume Has Seen A Notable Decline In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the trading volume of crypto assets. The “trading volume” here refers to an indicator that keeps track of the total amount of a given token that’s becoming involved in trading activity on the various centralized…

Dogecoin Just Hit A Rare Capitulation Signal: What It Means

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Dogecoin has entered a deeply depressed on-chain valuation zone, according to analysis from Aphractal AI, with DOGE trading far below its realized price and several holder-profitability metrics pointing to capitulation. The signal matters because it suggests the market has already absorbed substantial pain, even as price momentum and derivatives positioning remain fragile. The analysis places DOGE at $0.08475, with a market capitalization of $13.36 billion and a circulating supply of 154.58 billion coins. Its realized price, however, stands much higher at $0.12845, meaning Dogecoin is trading roughly 34% below the…