Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon. Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging,...Continue Reading

Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained. Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Read moreContinue Reading

A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for...Continue Reading

Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework’s transitional period. Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said...Continue Reading

A Seychelles court said KuCoin can’t treat unwithdrawn tokens as “abandoned,” and awarded a Swiss investor over $2 million. He says the exchange still hasn’t paid and plans to sue again. A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after the exchange declared his...Continue Reading

Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan. Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it...Continue Reading

Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX’s highly anticipated debut on June 12. Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing. Wallets contributing up to $20,000 accounted for more than 81%...Continue Reading

Bitcoin miner metic sparked talk of “capitulation” as profit margins stayed under 5%, but the BTC price bear-market bottom remained absent. Bitcoin (BTC) miners are back under pressure as data hints that a new buying opportunity is now here. Key points: Read moreContinue Reading

SpaceX’s IPO hype may fuel a strong debut, but history shows richly valued listings often struggle after the first-day pop fades. SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company. Key takeaways: The...Continue Reading

FIFA and the FBI warned of ticket scams as TRM Labs identified World Cup-themed crypto fraud operations tied to multiple wallet addresses. TRM Labs warned that crypto scammers are targeting FIFA World Cup fans through fake ticketing sites, fixed-match betting schemes and event-themed crypto promotions.  The blockchain intelligence company said it identified several World Cup-related...Continue Reading