News
Worldcoin faces new test after Arthur Hayes abruptly sells out
Arthur Hayes has closed his entire Worldcoin position after turning cautious on WLD and other high-beta altcoins within days of publicly defending the trade. Hayes said in posts on X that he sold the full WLD position on June 6…
AVAX price crashes to early 2021 support, is a bottom forming?
AVAX price crashed to levels last seen in early 2021 after a market-wide liquidation wave erased support near $8 and left traders heavily bearish. According to data from crypto.news, Avalanche (AVAX) fell 14% to an intraday low of $6.26 on…
Brian Armstrong says Bitcoin drop hides crypto’s bigger story
Bitcoin has fallen nearly 25% over the past month, yet Coinbase CEO Brian Armstrong has argued that key parts of the crypto industry continue to grow despite the downturn. According to a June 6 X post, Armstrong said many investors…
Greece moves to close crypto tax gap with new 15% proposal
Greece has prepared plans for a 15% cryptocurrency capital gains tax as officials move to bring digital assets into the country’s tax system. According to a report, Greece’s Finance Ministry is drafting legislation that would impose a 15% tax on…
Illinois lawmakers approve crypto tax with felony penalties
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s…
Travala launches AI hotel booking protocol that kills checkout pages
Travala has launched an AI-powered hotel booking protocol that gives agents access to more than 2.2 million properties and enables near-instant USDC payments on Base for about $0.01 per booking. According to reports, Singapore-based crypto travel platform Travala has released…
Kraken debuts SpaceX IPO tokens in challenge to Wall Street
Kraken has opened access to the upcoming SpaceX IPO through tokenized shares across more than 110 markets, bringing a traditionally exclusive Wall Street process to retail investors. According to an announcement from Kraken, SpaceX will become the first company offered…
Spot Bitcoin ETFs attract $3M as historic outflow streak comes to an end
U.S. spot Bitcoin ETFs have recorded $3.05 million in net inflows on Thursday, ending a record 13-day withdrawal streak that erased more than $4.4 billion from the funds since mid-May. According to SoSoValue data, Thursday’s modest inflow brought an end…
Coinbase CEO Brian Armstrong warns China could win if US crypto rules stall
Coinbase CEO Brian Armstrong has turned the U.S. crypto policy fight into a national competitiveness argument by saying rivalry with China could strengthen America. Armstrong said competition with China “might be the best thing to happen to America since the…
Pump.fun launches GO as users race to complete bizarre bounties
Pump.fun has launched a new bounty marketplace that has attracted more than 1,100 submissions and listed over 320 active tasks within hours of going live. According to Pump.fun, the Solana-based meme coin platform introduced GO on June 5 as a…