BTC’s crypto market dominance is holding above a key support, signaling Bitcoin may keep absorbing capital from altcoins and delay a broader altseason. Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return. Key takeaways: Bitcoin-to-altcoin rotation...Continue Reading
The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries. In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets...Continue Reading
The NFT-born franchise is bringing its Vibes Series 3 trading cards to Target stores across the United States as it expands into physical products and mainstream retail. Non-fungible token (NFT) project Pudgy Penguins has expanded the retail reach of its trading card game through a nationwide rollout at Target stores in the United States. According...Continue Reading
Philippine SEC Commissioner Rogelio Quevedo told Cointelegraph that tokenized assets could give Filipinos more legitimate investment options while helping steer them away from scams. The Philippine Securities and Exchange Commission (SEC) has signaled that the country is ready to accommodate the tokenization of real-world assets (RWAs), with Commissioner Rogelio Quevedo saying he believes the necessary...Continue Reading
Two Texas brothers admitted to holding a Minnesota family at gunpoint and forcing the transfer of $8 million in cryptocurrency. Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery. Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday,...Continue Reading
Andre Cronje, Michael Kong and David Richardson stepped down from the Sonic Labs board on Friday, while Matt Visser has been appointed as CEO, replacing Mitchell Demeter who resigned in February. The S token, the native utility asset behind the Sonic blockchain, dipped on Friday after Sonic Labs announced the resignation of three former executives...Continue Reading
The offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price. Financial services giant Charles Schwab will reportedly enter the prediction markets business by offering customers wagers on the S&P 500. According to a Friday Wall Street Journal report, Charles Schwab...Continue Reading
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