Bitcoin reaches over $107K as SoFi restarts its crypto services. Meanwhile, a Trump-linked ETF proposal makes its debut on the NYSE, and ETFs enjoy a $588M influx following a ceasefire boost.
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Category: Cryptocurrencies
Moscow Exchange to Follow up BTC Futures Launch With Crypto Funds, Structured Bonds
The Moscow Exchange is set to launch a new Bitcoin (BTC) index futures offering, in addition to crypto funds and structured bonds.
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FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset
U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte has ordered Fannie Mae and Freddie Mac to consider ways cryptocurrencies may be used in mortgage risk assessments, a Wednesday order from the FHFA reveals.FHFA To Consider Crypto As Mortgage Asset, Bill Pulte Says According to a June 25 X post from Pulte, the two government-sponsored […]
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Stablecoins Fail BIS “Three Key Tests” as New Report Warns of Financial Risks
In a sweeping critique of stablecoins’ future role, the Bank for International Settlements challenges their legitimacy as real money.
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Barclays to Block Crypto Transactions on UK Bank Cards Over Debt Concerns
Barclays Bank will ban cryptocurrency purchases with its bank cards from 27 June 2025, citing debt risks and lack of consumer protections.
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US Bitcoin ETFs Hit 11-Day Inflow Streak with $588M Led by BlackRock Despite Macro Fears – Can $107K Push to $112K ATH?
Bitcoin ETFs recorded their eleventh consecutive day of positive inflows attracting $588.55 million led by BlackRock’s IBIT with $436.32 million, showing institutional confidence despite macro fears.
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Republic to Tokenize SpaceX Shares, Opening Access to Retail Investors
Key Takeaways: Republic will sell tokens linked to the performance of SpaceX private shares. Tokens do not confer ownership or financial disclosures. Investors can participate with as little as $50, capped at $5,000. Investment platform Republic will begin selling digital tokens that mirror the performance of SpaceX’s private shares, according to a report published on […]
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zkLend Shuts Down After $9.5M Hack—$200K Recovery Fund Launched
zkLend, a decentralized lending protocol built on Starknet, has officially shut down operations following a $9.5 million exploit. The team announced it will use its remaining $200,000 treasury to support affected users through a recovery fund. The decision comes after the delisting of the platform’s native token, ZEND, from major exchanges.How $9.5M Exploit and Delistings […]
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DOJ Alum Kevin Muhlendorf Tapped To Police SEC As Inspector General Ahead of Trump’s Crypto Shift
The SEC has selected Kevin Muhlendorf, former DOJ attorney and past SEC senior counsel, to serve as inspector general from July 28. Chair Paul Atkins says his oversight background will support transparent operations as the agency crafts clearer crypto rules under its new task force.
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Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out
A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second half of summer 2025.
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