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Let's just put it in an ETF' is the worst outcome for bitcoin, says Trezor execInvestors have poured more than $53 billion into spot bitcoin exchange-traded funds since launching in the U.S. in early 2024.
But despite ETFs being a major driver of bitcoin's price in the years since, one of the crypto industry's oldest hardware wallet makers warns that they pose a risk to a core bitcoin principle: self-custody.
Speaking with The Block at BTC Prague last week, Trezor Chief Commercial Officer Danny Sanders argued that more bitcoin investors relying on ETFs instead of holding their own private keys would be detrimental to the industry.
Sanders made the comments while talking about some of the challenges of onboarding new users to self-custody, which allows users to be the sole controller of their bitcoin instead of entrusting their assets to exchanges or custodians.
This comes with a downside, however, in that there is no backstop or recourse for someone to get their crypto back if they lose or misprint their seed phrase, or get tricked into sharing their private keys with a scammer.
And while this can be an intimidating hurdle to overcome for new bitcoin holders, Sanders argued that the barriers are more psychological than technical.
According to Sanders, the crypto industry now counts roughly 600 million users globally, but only around 10% self-custody their assets. Of those, just 12 million to 13 million use hardware wallets, which are generally considered the most secure way to hold one's private keys.
Trezor, which was founded in Prague in 2013, helped pioneer the crypto hardware wallet sector and introduced several foundational technologies that are still used in Bitcoin today, most notably the mnemonic seed phrase standard known as BIP-39.
In Sanders' opinion, the industry needs to continue focusing on making self-custody easier through better user experiences, educational tools, and backup systems rather than encouraging users to just rely on intermediaries.
The goal is to match the web2 experience over time," Sanders said. "We're not there yet, but I think that's the hardest thing that we all need to keep on focusing on and not saying, 'Okay, let's just put it in an ETF.' That's kind of the worst outcome, I think, for the industry."
#TAORises31.9%
#NEARRises22.2%
#CrudeOilFallsOver4%
#BOJRaisesRateTo1%
#XRPBreaksAbove$1.20Up8Pct
Let's just put it in an ETF' is the worst outcome for bitcoin, says Trezor exec
Investors have poured more than $53 billion into spot bitcoin exchange-traded funds since launching in the U.S. in early 2024.
But despite ETFs being a major driver of bitcoin's price in the years since, one of the crypto industry's oldest hardware wallet makers warns that they pose a risk to a core bitcoin principle: self-custody.
Speaking with The Block at BTC Prague last week, Trezor Chief Commercial Officer Danny Sanders argued that more bitcoin investors relying on ETFs instead of holding their own private keys would be detrimental to the industry.
Sanders made the comments while talking about some of the challenges of onboarding new users to self-custody, which allows users to be the sole controller of their bitcoin instead of entrusting their assets to exchanges or custodians.
This comes with a downside, however, in that there is no backstop or recourse for someone to get their crypto back if they lose or misprint their seed phrase, or get tricked into sharing their private keys with a scammer.
And while this can be an intimidating hurdle to overcome for new bitcoin holders, Sanders argued that the barriers are more psychological than technical.
According to Sanders, the crypto industry now counts roughly 600 million users globally, but only around 10% self-custody their assets. Of those, just 12 million to 13 million use hardware wallets, which are generally considered the most secure way to hold one's private keys.
Trezor, which was founded in Prague in 2013, helped pioneer the crypto hardware wallet sector and introduced several foundational technologies that are still used in Bitcoin today, most notably the mnemonic seed phrase standard known as BIP-39.
In Sanders' opinion, the industry needs to continue focusing on making self-custody easier through better user experiences, educational tools, and backup systems rather than encouraging users to just rely on intermediaries.
The goal is to match the web2 experience over time," Sanders said. "We're not there yet, but I think that's the hardest thing that we all need to keep on focusing on and not saying, 'Okay, let's just put it in an ETF.' That's kind of the worst outcome, I think, for the industry."
#TAORises31.9%
#NEARRises22.2%
#CrudeOilFallsOver4%
#BOJRaisesRateTo1%
#XRPBreaksAbove$1.20Up8Pct
But despite ETFs being a major driver of bitcoin's price in the years since, one of the crypto industry's oldest hardware wallet makers warns that they pose a risk to a core bitcoin principle: self-custody.
Speaking with The Block at BTC Prague last week, Trezor Chief Commercial Officer Danny Sanders argued that more bitcoin investors relying on ETFs instead of holding their own private keys would be detrimental to the industry.
Sanders made the comments while talking about some of the challenges of onboarding new users to self-custody, which allows users to be the sole controller of their bitcoin instead of entrusting their assets to exchanges or custodians.
This comes with a downside, however, in that there is no backstop or recourse for someone to get their crypto back if they lose or misprint their seed phrase, or get tricked into sharing their private keys with a scammer.
And while this can be an intimidating hurdle to overcome for new bitcoin holders, Sanders argued that the barriers are more psychological than technical.
According to Sanders, the crypto industry now counts roughly 600 million users globally, but only around 10% self-custody their assets. Of those, just 12 million to 13 million use hardware wallets, which are generally considered the most secure way to hold one's private keys.
Trezor, which was founded in Prague in 2013, helped pioneer the crypto hardware wallet sector and introduced several foundational technologies that are still used in Bitcoin today, most notably the mnemonic seed phrase standard known as BIP-39.
In Sanders' opinion, the industry needs to continue focusing on making self-custody easier through better user experiences, educational tools, and backup systems rather than encouraging users to just rely on intermediaries.
The goal is to match the web2 experience over time," Sanders said. "We're not there yet, but I think that's the hardest thing that we all need to keep on focusing on and not saying, 'Okay, let's just put it in an ETF.' That's kind of the worst outcome, I think, for the industry."
#TAORises31.9%
#NEARRises22.2%
#CrudeOilFallsOver4%
#BOJRaisesRateTo1%
#XRPBreaksAbove$1.20Up8Pct
77
Article
ViaBTC CEO Haipo Yang: Ten Years On, RethinkViaBTC CEO Haipo Yang: Ten Years On, Rethinking the ValuWhen I wrote the first line of ViaBTC’s mining pool code in 2016, crypto was still a niche community of miners, developers, and early enthusiasts. Bitcoin was a niche topic, stablecoins weren’t widely used, and the ideas we’d later talk about endlessly—DeFi, NFTs, RWAs—didn’t yet exist in any real form.
Ten years later, the industry looks nothing like that. Bitcoin has been integrated into the ETF framework, stablecoins have become a meaningful dollar rail in some regions, and on-chain trading and stablecoin settlement have grown too large for traditional finance to ignore.
But the change runs deeper than that. What actually happened over these ten years? On ViaBTC’s tenth anniversary, I want to share how I’ve come to understand the value of crypto.
Judged only by price and market cap, the last decade of crypto looks like one long fireworks show—dazzling and loud. But beyond the price charts, something quieter was happening: a few of the hardest-to-move pieces of traditional financial infrastructure were being rewritten, one algorithm at a time.
At the same time, the line between crypto and traditional finance will keep blurring. For a decade crypto was a relatively isolated asset class; in the next decade it becomes one piece of a multi-asset allocation. Spot Bitcoin ETFs have already pulled crypto into the traditional allocation framework, and RWAs are rewriting how some assets get issued. But integration works both ways: traditional finance brings capital, but also custodial centralization, access barriers, and asset-screening gatekeepers. Part of the price of going mainstream is trading away some censorship resistance and open access for the mainstream system’s acceptance.
There’s also another possibility: future real demand may not come only from humans. AI agents, automated workflows, and the machine economy could generate high-frequency, low-value, cross-platform payment and settlement needs. These “silicon users” have no bank accounts and can’t pass KYC. Open settlement networks, stablecoins, and permissionless accounts are naturally the financial infrastructure for this kind of machine-to-machine coordination. But we shouldn’t conclude that “AI agents must use on-chain payments” simply because AI and crypto are both hot. What truly needs a chain is coordination that is cross-entity, cross-border, settlement-heavy, and low-trust.
The mark of maturity over the next decade may not be “more things on-chain,” but the industry finally being able to tell which needs truly require a chain—and which are just short-term narratives dressed up in one.
Cycles change. Narratives change. Prices change. But the need for stable, transparent, reliable service never goes away. The value of crypto ultimately comes back to a few plain questions: Does it lower the cost of trust? Does it make value move more efficiently? Does it give users more choice? And after cycle upon cycle, is it still here, still serving
#NEARRises22.2%
#TAORises31.9%
#XRPBreaksAbove$1.20Up8Pct
#USIranDealConfirmed
#TradebStocks
ViaBTC CEO Haipo Yang: Ten Years On, RethinkViaBTC CEO Haipo Yang: Ten Years On, Rethinking the Valu
When I wrote the first line of ViaBTC’s mining pool code in 2016, crypto was still a niche community of miners, developers, and early enthusiasts. Bitcoin was a niche topic, stablecoins weren’t widely used, and the ideas we’d later talk about endlessly—DeFi, NFTs, RWAs—didn’t yet exist in any real form.
Ten years later, the industry looks nothing like that. Bitcoin has been integrated into the ETF framework, stablecoins have become a meaningful dollar rail in some regions, and on-chain trading and stablecoin settlement have grown too large for traditional finance to ignore.
But the change runs deeper than that. What actually happened over these ten years? On ViaBTC’s tenth anniversary, I want to share how I’ve come to understand the value of crypto.
Judged only by price and market cap, the last decade of crypto looks like one long fireworks show—dazzling and loud. But beyond the price charts, something quieter was happening: a few of the hardest-to-move pieces of traditional financial infrastructure were being rewritten, one algorithm at a time.
At the same time, the line between crypto and traditional finance will keep blurring. For a decade crypto was a relatively isolated asset class; in the next decade it becomes one piece of a multi-asset allocation. Spot Bitcoin ETFs have already pulled crypto into the traditional allocation framework, and RWAs are rewriting how some assets get issued. But integration works both ways: traditional finance brings capital, but also custodial centralization, access barriers, and asset-screening gatekeepers. Part of the price of going mainstream is trading away some censorship resistance and open access for the mainstream system’s acceptance.
There’s also another possibility: future real demand may not come only from humans. AI agents, automated workflows, and the machine economy could generate high-frequency, low-value, cross-platform payment and settlement needs. These “silicon users” have no bank accounts and can’t pass KYC. Open settlement networks, stablecoins, and permissionless accounts are naturally the financial infrastructure for this kind of machine-to-machine coordination. But we shouldn’t conclude that “AI agents must use on-chain payments” simply because AI and crypto are both hot. What truly needs a chain is coordination that is cross-entity, cross-border, settlement-heavy, and low-trust.
The mark of maturity over the next decade may not be “more things on-chain,” but the industry finally being able to tell which needs truly require a chain—and which are just short-term narratives dressed up in one.
Cycles change. Narratives change. Prices change. But the need for stable, transparent, reliable service never goes away. The value of crypto ultimately comes back to a few plain questions: Does it lower the cost of trust? Does it make value move more efficiently? Does it give users more choice? And after cycle upon cycle, is it still here, still serving
#NEARRises22.2%
#TAORises31.9%
#XRPBreaksAbove$1.20Up8Pct
#USIranDealConfirmed
#TradebStocks
Ten years later, the industry looks nothing like that. Bitcoin has been integrated into the ETF framework, stablecoins have become a meaningful dollar rail in some regions, and on-chain trading and stablecoin settlement have grown too large for traditional finance to ignore.
But the change runs deeper than that. What actually happened over these ten years? On ViaBTC’s tenth anniversary, I want to share how I’ve come to understand the value of crypto.
Judged only by price and market cap, the last decade of crypto looks like one long fireworks show—dazzling and loud. But beyond the price charts, something quieter was happening: a few of the hardest-to-move pieces of traditional financial infrastructure were being rewritten, one algorithm at a time.
At the same time, the line between crypto and traditional finance will keep blurring. For a decade crypto was a relatively isolated asset class; in the next decade it becomes one piece of a multi-asset allocation. Spot Bitcoin ETFs have already pulled crypto into the traditional allocation framework, and RWAs are rewriting how some assets get issued. But integration works both ways: traditional finance brings capital, but also custodial centralization, access barriers, and asset-screening gatekeepers. Part of the price of going mainstream is trading away some censorship resistance and open access for the mainstream system’s acceptance.
There’s also another possibility: future real demand may not come only from humans. AI agents, automated workflows, and the machine economy could generate high-frequency, low-value, cross-platform payment and settlement needs. These “silicon users” have no bank accounts and can’t pass KYC. Open settlement networks, stablecoins, and permissionless accounts are naturally the financial infrastructure for this kind of machine-to-machine coordination. But we shouldn’t conclude that “AI agents must use on-chain payments” simply because AI and crypto are both hot. What truly needs a chain is coordination that is cross-entity, cross-border, settlement-heavy, and low-trust.
The mark of maturity over the next decade may not be “more things on-chain,” but the industry finally being able to tell which needs truly require a chain—and which are just short-term narratives dressed up in one.
Cycles change. Narratives change. Prices change. But the need for stable, transparent, reliable service never goes away. The value of crypto ultimately comes back to a few plain questions: Does it lower the cost of trust? Does it make value move more efficiently? Does it give users more choice? And after cycle upon cycle, is it still here, still serving
#NEARRises22.2%
#TAORises31.9%
#XRPBreaksAbove$1.20Up8Pct
#USIranDealConfirmed
#TradebStocks
1
1
85
Article
Standard Chartered says Uniswap's UNI token could surge 40x to $100 by 2030Uniswap's UNI token could rise 40x from its current price of about $2.70 to $100 by the end of 2030 as tokenized assets increasingly move into decentralized finance, according to Standard Chartered Bank.
The bank initiated coverage of Uniswap, a decentralized exchange protocol, on Monday, saying that the value of tokenized assets active in DeFi is expected to grow 37x between now and the end of 2030 and that Uniswap is well-positioned to benefit from that growth.
"I think the next opportunity for generational wealth in digital assets is going to come via the DeFi protocols," said Geoffrey Kendrick, global head of digital assets research at Standard Chartered Bank.
Kendrick expects tokenized assets onchain to grow from about $340 billion today to $4 trillion by the end of 2028, with the share used in DeFi rising from 3.5% to 30% by the end of 2030. Together with growth in crypto-native assets, that would increase assets locked in DeFi to about $2.7 trillion, or 37x current levels. According to Kendrick, Uniswap is poised to benefit because its liquidity pools would have roughly 37x more assets available for trading.
If Uniswap can commercialise enough and create significant enough TradFi partnerships to scale, its market cap-to-transaction fees multiple is likely to increase, narrowing the gap with Coinbase (the largest U.S. cryptocurrency exchange). We think this is feasible," Kendrick said.
He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. Kendrick also expects
Kendrick compares Uniswap with Coinbase by saying Uniswap is like YouTube, while Coinbase is like Netflix. Just as YouTube provides an open platform where users create content, Uniswap provides infrastructure where anyone can create liquidity pools and trade tokens. Coinbase, by contrast, operates a centralized exchange and manages its own trading infrastructure.
Kendrick said this model gives Uniswap lower capital requirements because liquidity is supplied by users rather than the platform itself. It also gives Uniswap an advantage in trading highly similar assets, such as stablecoins or staked ether tokens, and in listing smaller or niche tokens that may not generate enough volume for centralized exchanges. Kendrick also expects tokenized real-world assets to become another area where Uniswap and Coinbase compete for users and trading activity.
Kendrick also highlighted recent changes to Uniswap's fee model. Before December 2025, all token swap fees went to liquidity providers. A December 2025 upgrade called UNIfication activated protocol fees and introduced programmatic UNI token burns, with later governance votes expanding fee coverage to more liquidity pools.
Since the fee switch was introduced, Uniswap has generated about $21 million in protocol fees and burned another 5 million UNI tokens, equal to an annual burn rate of about 1%, Kendrick noted. He said that, together with a one-time burn of 100 million UNI, the total token supply has fallen from 1 billion to 895 million, while the circulating supply has dropped to 622 million.
Kendrick also outlined several risks. Smaller decentralized exchanges could build better products for specific use cases, while capturing tokenized real-world asset volume will require stronger commercialization efforts and partnerships with traditional financial institutions. He added that clearer regulation, including the expected passage of the U.S. Clarity Act or future Securities and Exchange Commission guidance, could help address some of those challenges. Kendrick also noted that Uniswap V4's hook system has not yet been tested at the scale he expects by 2030.
#BitcoinTops$66K
#USIranDealConfirmed
#TradebStocks
#WLDRises21PctOnEightcoDisclosure
#XRPBreaksAbove$1.20Up8Pct
Standard Chartered says Uniswap's UNI token could surge 40x to $100 by 2030
Uniswap's UNI token could rise 40x from its current price of about $2.70 to $100 by the end of 2030 as tokenized assets increasingly move into decentralized finance, according to Standard Chartered Bank.
The bank initiated coverage of Uniswap, a decentralized exchange protocol, on Monday, saying that the value of tokenized assets active in DeFi is expected to grow 37x between now and the end of 2030 and that Uniswap is well-positioned to benefit from that growth.
"I think the next opportunity for generational wealth in digital assets is going to come via the DeFi protocols," said Geoffrey Kendrick, global head of digital assets research at Standard Chartered Bank.
Kendrick expects tokenized assets onchain to grow from about $340 billion today to $4 trillion by the end of 2028, with the share used in DeFi rising from 3.5% to 30% by the end of 2030. Together with growth in crypto-native assets, that would increase assets locked in DeFi to about $2.7 trillion, or 37x current levels. According to Kendrick, Uniswap is poised to benefit because its liquidity pools would have roughly 37x more assets available for trading.
If Uniswap can commercialise enough and create significant enough TradFi partnerships to scale, its market cap-to-transaction fees multiple is likely to increase, narrowing the gap with Coinbase (the largest U.S. cryptocurrency exchange). We think this is feasible," Kendrick said.
He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. Kendrick also expects
Kendrick compares Uniswap with Coinbase by saying Uniswap is like YouTube, while Coinbase is like Netflix. Just as YouTube provides an open platform where users create content, Uniswap provides infrastructure where anyone can create liquidity pools and trade tokens. Coinbase, by contrast, operates a centralized exchange and manages its own trading infrastructure.
Kendrick said this model gives Uniswap lower capital requirements because liquidity is supplied by users rather than the platform itself. It also gives Uniswap an advantage in trading highly similar assets, such as stablecoins or staked ether tokens, and in listing smaller or niche tokens that may not generate enough volume for centralized exchanges. Kendrick also expects tokenized real-world assets to become another area where Uniswap and Coinbase compete for users and trading activity.
Kendrick also highlighted recent changes to Uniswap's fee model. Before December 2025, all token swap fees went to liquidity providers. A December 2025 upgrade called UNIfication activated protocol fees and introduced programmatic UNI token burns, with later governance votes expanding fee coverage to more liquidity pools.
Since the fee switch was introduced, Uniswap has generated about $21 million in protocol fees and burned another 5 million UNI tokens, equal to an annual burn rate of about 1%, Kendrick noted. He said that, together with a one-time burn of 100 million UNI, the total token supply has fallen from 1 billion to 895 million, while the circulating supply has dropped to 622 million.
Kendrick also outlined several risks. Smaller decentralized exchanges could build better products for specific use cases, while capturing tokenized real-world asset volume will require stronger commercialization efforts and partnerships with traditional financial institutions. He added that clearer regulation, including the expected passage of the U.S. Clarity Act or future Securities and Exchange Commission guidance, could help address some of those challenges. Kendrick also noted that Uniswap V4's hook system has not yet been tested at the scale he expects by 2030.
#BitcoinTops$66K
#USIranDealConfirmed
#TradebStocks
#WLDRises21PctOnEightcoDisclosure
#XRPBreaksAbove$1.20Up8Pct
The bank initiated coverage of Uniswap, a decentralized exchange protocol, on Monday, saying that the value of tokenized assets active in DeFi is expected to grow 37x between now and the end of 2030 and that Uniswap is well-positioned to benefit from that growth.
"I think the next opportunity for generational wealth in digital assets is going to come via the DeFi protocols," said Geoffrey Kendrick, global head of digital assets research at Standard Chartered Bank.
Kendrick expects tokenized assets onchain to grow from about $340 billion today to $4 trillion by the end of 2028, with the share used in DeFi rising from 3.5% to 30% by the end of 2030. Together with growth in crypto-native assets, that would increase assets locked in DeFi to about $2.7 trillion, or 37x current levels. According to Kendrick, Uniswap is poised to benefit because its liquidity pools would have roughly 37x more assets available for trading.
If Uniswap can commercialise enough and create significant enough TradFi partnerships to scale, its market cap-to-transaction fees multiple is likely to increase, narrowing the gap with Coinbase (the largest U.S. cryptocurrency exchange). We think this is feasible," Kendrick said.
He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. Kendrick also expects
Kendrick compares Uniswap with Coinbase by saying Uniswap is like YouTube, while Coinbase is like Netflix. Just as YouTube provides an open platform where users create content, Uniswap provides infrastructure where anyone can create liquidity pools and trade tokens. Coinbase, by contrast, operates a centralized exchange and manages its own trading infrastructure.
Kendrick said this model gives Uniswap lower capital requirements because liquidity is supplied by users rather than the platform itself. It also gives Uniswap an advantage in trading highly similar assets, such as stablecoins or staked ether tokens, and in listing smaller or niche tokens that may not generate enough volume for centralized exchanges. Kendrick also expects tokenized real-world assets to become another area where Uniswap and Coinbase compete for users and trading activity.
Kendrick also highlighted recent changes to Uniswap's fee model. Before December 2025, all token swap fees went to liquidity providers. A December 2025 upgrade called UNIfication activated protocol fees and introduced programmatic UNI token burns, with later governance votes expanding fee coverage to more liquidity pools.
Since the fee switch was introduced, Uniswap has generated about $21 million in protocol fees and burned another 5 million UNI tokens, equal to an annual burn rate of about 1%, Kendrick noted. He said that, together with a one-time burn of 100 million UNI, the total token supply has fallen from 1 billion to 895 million, while the circulating supply has dropped to 622 million.
Kendrick also outlined several risks. Smaller decentralized exchanges could build better products for specific use cases, while capturing tokenized real-world asset volume will require stronger commercialization efforts and partnerships with traditional financial institutions. He added that clearer regulation, including the expected passage of the U.S. Clarity Act or future Securities and Exchange Commission guidance, could help address some of those challenges. Kendrick also noted that Uniswap V4's hook system has not yet been tested at the scale he expects by 2030.
#BitcoinTops$66K
#USIranDealConfirmed
#TradebStocks
#WLDRises21PctOnEightcoDisclosure
#XRPBreaksAbove$1.20Up8Pct
57
Article
Bitcoin Policy UK CEO calls Michael Saylor's STRC investment promotion 'dishonestDespite being an ardent bitcoin advocate and shareholder of Strategy, Bitcoin Policy UK CEO Susie Ward still has some concerns when it comes to the world's largest digital asset treasury firm.
Ward recently told The Block during an interview at last week's BTC Prague conference that she considered a video shown by Strategy's Michael Saylor, promoting STRC, to mischaracterize the investment's risk profile.
It's the risk I'm uncomfortable with. I don't think the risk is explained," said Ward. "Saylor put out a video talking about his yield with STRC ... it was making it out that there is no risk involved, and I thought it was really dishonest."
Selling STRC, a perpetual preferred share offering a whopping 11.25% dividend, has helped Strategy further pursue its bitcoin accumulation plans as the company funnels proceeds from the shares into buying more BTC.
Ward sees the concept of selling these types of shares to raise capital to buy bitcoin as problematic.
Some Wall Street analysts, however, believe in Strategy's vision and expect the stock to eventually increase in value alongside the price of bitcoin.
In general, Ward has serious doubts about companies adopting the BTC treasury strategy popularized by Saylor at Strategy. Although she can see the sense in a company keeping some of its free cash flow in bitcoin, leveraging itself to buy BTC is imprudent, from her perspective
"You have all the different layers of financial engineering, so you could dilute your shareholders. You issue more stock, you sell it, you dilute your shareholders, you raise money, you buy bitcoin," said Ward. "That's almost the opposite of why we like bitcoin. We like bitcoin because it can't be inflated, because of its scarcity, that's what makes it special
When bitcoin's price started to rise precipitously last year, many companies jumped on the trend and followed Strategy's playbook, reinventing themselves as digital asset treasury companies. Many of these companies began borrowing or raising money from traditional capital markets to buy BTC.
Ward disapproves, saying that's combining bitcoin's reputation with "fiat games" to launch projects, she argues, look a lot like memecoin, pump-and-dump style investment schemes.
Just look at the chart, it goes up to some crazy amount, comes back down, and then that's it," said Ward.
Like Strategy, bitcoin treasury companies' share prices are tightly correlated to the price of bitcoin, which has lost nearly 50% in value since hitting a peak in October 2025.
Strategy' shares
SMSTR+5.78%, trading at about $132 on Monday, are down over 60% during the past year
For its part, Strategy said Monday it had purchased an additional 1,587 BTC for approximately $100 million at an average price of $63,024 per bitcoin, bringing its t
#TradebStocks
#XRPBreaksAbove$1.20Up8Pct
#WLDRises21PctOnEightcoDisclosure
#USIranDealConfirmed
#MuskSpaceX$1TrillionRevenue2030
Bitcoin Policy UK CEO calls Michael Saylor's STRC investment promotion 'dishonest
Despite being an ardent bitcoin advocate and shareholder of Strategy, Bitcoin Policy UK CEO Susie Ward still has some concerns when it comes to the world's largest digital asset treasury firm.
Ward recently told The Block during an interview at last week's BTC Prague conference that she considered a video shown by Strategy's Michael Saylor, promoting STRC, to mischaracterize the investment's risk profile.
It's the risk I'm uncomfortable with. I don't think the risk is explained," said Ward. "Saylor put out a video talking about his yield with STRC ... it was making it out that there is no risk involved, and I thought it was really dishonest."
Selling STRC, a perpetual preferred share offering a whopping 11.25% dividend, has helped Strategy further pursue its bitcoin accumulation plans as the company funnels proceeds from the shares into buying more BTC.
Ward sees the concept of selling these types of shares to raise capital to buy bitcoin as problematic.
Some Wall Street analysts, however, believe in Strategy's vision and expect the stock to eventually increase in value alongside the price of bitcoin.
In general, Ward has serious doubts about companies adopting the BTC treasury strategy popularized by Saylor at Strategy. Although she can see the sense in a company keeping some of its free cash flow in bitcoin, leveraging itself to buy BTC is imprudent, from her perspective
"You have all the different layers of financial engineering, so you could dilute your shareholders. You issue more stock, you sell it, you dilute your shareholders, you raise money, you buy bitcoin," said Ward. "That's almost the opposite of why we like bitcoin. We like bitcoin because it can't be inflated, because of its scarcity, that's what makes it special
When bitcoin's price started to rise precipitously last year, many companies jumped on the trend and followed Strategy's playbook, reinventing themselves as digital asset treasury companies. Many of these companies began borrowing or raising money from traditional capital markets to buy BTC.
Ward disapproves, saying that's combining bitcoin's reputation with "fiat games" to launch projects, she argues, look a lot like memecoin, pump-and-dump style investment schemes.
Just look at the chart, it goes up to some crazy amount, comes back down, and then that's it," said Ward.
Like Strategy, bitcoin treasury companies' share prices are tightly correlated to the price of bitcoin, which has lost nearly 50% in value since hitting a peak in October 2025.
Strategy' shares
SMSTR+5.78%, trading at about $132 on Monday, are down over 60% during the past year
For its part, Strategy said Monday it had purchased an additional 1,587 BTC for approximately $100 million at an average price of $63,024 per bitcoin, bringing its t
#TradebStocks
#XRPBreaksAbove$1.20Up8Pct
#WLDRises21PctOnEightcoDisclosure
#USIranDealConfirmed
#MuskSpaceX$1TrillionRevenue2030
Ward recently told The Block during an interview at last week's BTC Prague conference that she considered a video shown by Strategy's Michael Saylor, promoting STRC, to mischaracterize the investment's risk profile.
It's the risk I'm uncomfortable with. I don't think the risk is explained," said Ward. "Saylor put out a video talking about his yield with STRC ... it was making it out that there is no risk involved, and I thought it was really dishonest."
Selling STRC, a perpetual preferred share offering a whopping 11.25% dividend, has helped Strategy further pursue its bitcoin accumulation plans as the company funnels proceeds from the shares into buying more BTC.
Ward sees the concept of selling these types of shares to raise capital to buy bitcoin as problematic.
Some Wall Street analysts, however, believe in Strategy's vision and expect the stock to eventually increase in value alongside the price of bitcoin.
In general, Ward has serious doubts about companies adopting the BTC treasury strategy popularized by Saylor at Strategy. Although she can see the sense in a company keeping some of its free cash flow in bitcoin, leveraging itself to buy BTC is imprudent, from her perspective
"You have all the different layers of financial engineering, so you could dilute your shareholders. You issue more stock, you sell it, you dilute your shareholders, you raise money, you buy bitcoin," said Ward. "That's almost the opposite of why we like bitcoin. We like bitcoin because it can't be inflated, because of its scarcity, that's what makes it special
When bitcoin's price started to rise precipitously last year, many companies jumped on the trend and followed Strategy's playbook, reinventing themselves as digital asset treasury companies. Many of these companies began borrowing or raising money from traditional capital markets to buy BTC.
Ward disapproves, saying that's combining bitcoin's reputation with "fiat games" to launch projects, she argues, look a lot like memecoin, pump-and-dump style investment schemes.
Just look at the chart, it goes up to some crazy amount, comes back down, and then that's it," said Ward.
Like Strategy, bitcoin treasury companies' share prices are tightly correlated to the price of bitcoin, which has lost nearly 50% in value since hitting a peak in October 2025.
Strategy' shares
SMSTR+5.78%, trading at about $132 on Monday, are down over 60% during the past year
For its part, Strategy said Monday it had purchased an additional 1,587 BTC for approximately $100 million at an average price of $63,024 per bitcoin, bringing its t
#TradebStocks
#XRPBreaksAbove$1.20Up8Pct
#WLDRises21PctOnEightcoDisclosure
#USIranDealConfirmed
#MuskSpaceX$1TrillionRevenue2030
89
Article
🚨 Bitcoin Reclaims Momentum
🚀🚨 Crypto Market Daily Highlights | June 15, 2026
Bitcoin (BTC) is trading above the $65K level after recovering from recent market weakness. Improved investor sentiment and renewed ETF inflows are helping support the market. Analysts are watching the $67K resistance zone as the next key level.
🔥 XRP Leads Today's Altcoin Rally
XRP is one of today's strongest performers, gaining around 8% as institutional demand increases and ETF-related inflows continue to attract attention. Traders are closely monitoring the $1.30 area for the next potential breakout.
🏦 Institutional Adoption Continues
Despite recent volatility, institutional participation remains a major theme in 2026. Positive Bitcoin ETF flows have returned after a period of outflows, signaling that large investors remain active in the market.
🌍 Macro Impact on Crypto
Global risk sentiment improved following geopolitical developments, helping Bitcoin and crypto-related assets move higher. Markets are also watching upcoming central bank decisions that could influence risk assets this week.
🎯 What Traders Should Watch Today:
✅ BTC support: $64K–$65K
✅ BTC resistance: $67K
✅ XRP momentum above $1.20
✅ ETF flow data and macroeconomic updates
💡 Market Sentiment: Cautiously Bullish
The market is showing signs of recovery, but traders should remain disciplined and manage risk carefully as volatility remains elevated.
#Bitcoin #BTC #XRP #TradebStocks $BTC #blockreduction $XRP
{spot}(XRPUSDT)
🚨 Bitcoin Reclaims Momentum 🚀
🚨 Crypto Market Daily Highlights | June 15, 2026
Bitcoin (BTC) is trading above the $65K level after recovering from recent market weakness. Improved investor sentiment and renewed ETF inflows are helping support the market. Analysts are watching the $67K resistance zone as the next key level.
🔥 XRP Leads Today's Altcoin Rally
XRP is one of today's strongest performers, gaining around 8% as institutional demand increases and ETF-related inflows continue to attract attention. Traders are closely monitoring the $1.30 area for the next potential breakout.
🏦 Institutional Adoption Continues
Despite recent volatility, institutional participation remains a major theme in 2026. Positive Bitcoin ETF flows have returned after a period of outflows, signaling that large investors remain active in the market.
🌍 Macro Impact on Crypto
Global risk sentiment improved following geopolitical developments, helping Bitcoin and crypto-related assets move higher. Markets are also watching upcoming central bank decisions that could influence risk assets this week.
🎯 What Traders Should Watch Today:
✅ BTC support: $64K–$65K
✅ BTC resistance: $67K
✅ XRP momentum above $1.20
✅ ETF flow data and macroeconomic updates
💡 Market Sentiment: Cautiously Bullish
The market is showing signs of recovery, but traders should remain disciplined and manage risk carefully as volatility remains elevated.
#Bitcoin #BTC #XRP #TradebStocks $BTC #blockreduction $XRP
Bitcoin (BTC) is trading above the $65K level after recovering from recent market weakness. Improved investor sentiment and renewed ETF inflows are helping support the market. Analysts are watching the $67K resistance zone as the next key level.
🔥 XRP Leads Today's Altcoin Rally
XRP is one of today's strongest performers, gaining around 8% as institutional demand increases and ETF-related inflows continue to attract attention. Traders are closely monitoring the $1.30 area for the next potential breakout.
🏦 Institutional Adoption Continues
Despite recent volatility, institutional participation remains a major theme in 2026. Positive Bitcoin ETF flows have returned after a period of outflows, signaling that large investors remain active in the market.
🌍 Macro Impact on Crypto
Global risk sentiment improved following geopolitical developments, helping Bitcoin and crypto-related assets move higher. Markets are also watching upcoming central bank decisions that could influence risk assets this week.
🎯 What Traders Should Watch Today:
✅ BTC support: $64K–$65K
✅ BTC resistance: $67K
✅ XRP momentum above $1.20
✅ ETF flow data and macroeconomic updates
💡 Market Sentiment: Cautiously Bullish
The market is showing signs of recovery, but traders should remain disciplined and manage risk carefully as volatility remains elevated.
#Bitcoin #BTC #XRP #TradebStocks $BTC #blockreduction $XRP
35
thereum's institutional adoption story may finally be moving beyond theory and into practice, accordAfter years of pilots and experimentation, he said large financial institutions are increasingly treating public blockchains as production infrastructure rather than emerging technology.
"A year and a half ago it was proof-of-concept, dip your toe in," Raman said. "Now it's: we need to jump in head first and use public chains just like we all use the internet."
The shift reflects a broader change in how Wall Street views Ethereum. Stablecoins may have been the industry's first institutional use case, but Raman says the conversation is expanding to tokenized stocks, bonds, real estate and investment funds. Ethereum's dominance in stablecoins, liquidity and institutional deployments has created a network effect that continues to attract traditional financial players.
He said his view is that Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in the asset itself. As more tokenized assets migrate onchain, he believes the market will eventually reevaluate ETH's role as the asset securing the network.
The substrate for the financial system can't have a party controlling it," he said. "The network is universal. The pieces are all there now. Let's hand it off."
Rather than acting as a central coordinator, Raman believes the foundation should focus on maintaining Ethereum's core values — security, censorship resistance, privacy and open standards — while continuing work on long-term priorities such as zero-knowledge technology and quantum resistance.
Ultimately, Raman said, Ethereum's success will be measured less by price and more by adoption.
The highest calling for any blockchain is to have users and sustainable assets and actual utility," he said.
#USIranDealConfirmed
#BOJExpectedToHikeRateTo1PctTuesday
#USEquityFundingCostsSurge
#WorldShiftsToUtilityDrivenGrowth
thereum's institutional adoption story may finally be moving beyond theory and into practice, accord
After years of pilots and experimentation, he said large financial institutions are increasingly treating public blockchains as production infrastructure rather than emerging technology.
"A year and a half ago it was proof-of-concept, dip your toe in," Raman said. "Now it's: we need to jump in head first and use public chains just like we all use the internet."
The shift reflects a broader change in how Wall Street views Ethereum. Stablecoins may have been the industry's first institutional use case, but Raman says the conversation is expanding to tokenized stocks, bonds, real estate and investment funds. Ethereum's dominance in stablecoins, liquidity and institutional deployments has created a network effect that continues to attract traditional financial players.
He said his view is that Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in the asset itself. As more tokenized assets migrate onchain, he believes the market will eventually reevaluate ETH's role as the asset securing the network.
The substrate for the financial system can't have a party controlling it," he said. "The network is universal. The pieces are all there now. Let's hand it off."
Rather than acting as a central coordinator, Raman believes the foundation should focus on maintaining Ethereum's core values — security, censorship resistance, privacy and open standards — while continuing work on long-term priorities such as zero-knowledge technology and quantum resistance.
Ultimately, Raman said, Ethereum's success will be measured less by price and more by adoption.
The highest calling for any blockchain is to have users and sustainable assets and actual utility," he said.
#USIranDealConfirmed
#BOJExpectedToHikeRateTo1PctTuesday
#USEquityFundingCostsSurge
#WorldShiftsToUtilityDrivenGrowth
"A year and a half ago it was proof-of-concept, dip your toe in," Raman said. "Now it's: we need to jump in head first and use public chains just like we all use the internet."
The shift reflects a broader change in how Wall Street views Ethereum. Stablecoins may have been the industry's first institutional use case, but Raman says the conversation is expanding to tokenized stocks, bonds, real estate and investment funds. Ethereum's dominance in stablecoins, liquidity and institutional deployments has created a network effect that continues to attract traditional financial players.
He said his view is that Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in the asset itself. As more tokenized assets migrate onchain, he believes the market will eventually reevaluate ETH's role as the asset securing the network.
The substrate for the financial system can't have a party controlling it," he said. "The network is universal. The pieces are all there now. Let's hand it off."
Rather than acting as a central coordinator, Raman believes the foundation should focus on maintaining Ethereum's core values — security, censorship resistance, privacy and open standards — while continuing work on long-term priorities such as zero-knowledge technology and quantum resistance.
Ultimately, Raman said, Ethereum's success will be measured less by price and more by adoption.
The highest calling for any blockchain is to have users and sustainable assets and actual utility," he said.
#USIranDealConfirmed
#BOJExpectedToHikeRateTo1PctTuesday
#USEquityFundingCostsSurge
#WorldShiftsToUtilityDrivenGrowth
1
418
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserveThe largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market.
paceX's Nasdaq debut on Friday did something quieter than the record $75 billion raise. It puts the largest bitcoin position ever attached to an IPO onto public markets, and under a framing that corporate America has not seen at this scale.
The company's S-1 disclosed 18,712 bitcoin, bought for about $661 million and valued at $1.29 billion as of March 31. The filing described the position as a strategic reserve for excess cash.
Here's why crypto hopefuls should pay attention to that stance. SpaceX is not a bitcoin company. It is a rocket, satellite and AI company that decided bitcoin belongs next to its cash, and it just carried that decision through the largest listing in history.
That separates it from every large bitcoin holder that public investors have been offered so far. Strategy, the largest corporate holder, exists to accumulate bitcoin, and its stock trades as a leveraged proxy for the coin. Other treasury vehicles like BitMine raise money to buy crypto and live or die on the gap between their share price and their holdings.
For Elon Musk's company, it's a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can.
For years, onchain analysts estimated SpaceX held about 8,300 bitcoin. The S-1 then revealed the real number was more than twice that, meaning one of the most scrutinized private companies in the world held a billion-dollar bitcoin position, and the public's best guess was off by half until securities law forced the answer.
Fair-value accounting means every quarterly report marks bitcoin to market, recording gains and losses whether or not SpaceX trades the coin. Tesla showed how that looks in a drawdown, booking hundreds of millions in paper losses on a position it wasn't selling.
Meanwhile, a strong SpaceX debut is already being read as a green light for the OpenAI and Anthropic listings behind it.
Whether those companies, or any large issuer, arrive with bitcoin on the balance sheet may depend on how much noise SpaceX's reserve generates over its first few quarters.
Corporate bitcoin has had loud champions and dedicated vehicles, but what it has never had is a giant public company simply holding it. And that experiment just started Friday.
#QUICK_BTC_UPDATE
#Write2Earn
#ETHETFsApproved
#Robertkiyosaki
#TrendingTopic
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market.
paceX's Nasdaq debut on Friday did something quieter than the record $75 billion raise. It puts the largest bitcoin position ever attached to an IPO onto public markets, and under a framing that corporate America has not seen at this scale.
The company's S-1 disclosed 18,712 bitcoin, bought for about $661 million and valued at $1.29 billion as of March 31. The filing described the position as a strategic reserve for excess cash.
Here's why crypto hopefuls should pay attention to that stance. SpaceX is not a bitcoin company. It is a rocket, satellite and AI company that decided bitcoin belongs next to its cash, and it just carried that decision through the largest listing in history.
That separates it from every large bitcoin holder that public investors have been offered so far. Strategy, the largest corporate holder, exists to accumulate bitcoin, and its stock trades as a leveraged proxy for the coin. Other treasury vehicles like BitMine raise money to buy crypto and live or die on the gap between their share price and their holdings.
For Elon Musk's company, it's a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can.
For years, onchain analysts estimated SpaceX held about 8,300 bitcoin. The S-1 then revealed the real number was more than twice that, meaning one of the most scrutinized private companies in the world held a billion-dollar bitcoin position, and the public's best guess was off by half until securities law forced the answer.
Fair-value accounting means every quarterly report marks bitcoin to market, recording gains and losses whether or not SpaceX trades the coin. Tesla showed how that looks in a drawdown, booking hundreds of millions in paper losses on a position it wasn't selling.
Meanwhile, a strong SpaceX debut is already being read as a green light for the OpenAI and Anthropic listings behind it.
Whether those companies, or any large issuer, arrive with bitcoin on the balance sheet may depend on how much noise SpaceX's reserve generates over its first few quarters.
Corporate bitcoin has had loud champions and dedicated vehicles, but what it has never had is a giant public company simply holding it. And that experiment just started Friday.
#QUICK_BTC_UPDATE
#Write2Earn
#ETHETFsApproved
#Robertkiyosaki
#TrendingTopic
paceX's Nasdaq debut on Friday did something quieter than the record $75 billion raise. It puts the largest bitcoin position ever attached to an IPO onto public markets, and under a framing that corporate America has not seen at this scale.
The company's S-1 disclosed 18,712 bitcoin, bought for about $661 million and valued at $1.29 billion as of March 31. The filing described the position as a strategic reserve for excess cash.
Here's why crypto hopefuls should pay attention to that stance. SpaceX is not a bitcoin company. It is a rocket, satellite and AI company that decided bitcoin belongs next to its cash, and it just carried that decision through the largest listing in history.
That separates it from every large bitcoin holder that public investors have been offered so far. Strategy, the largest corporate holder, exists to accumulate bitcoin, and its stock trades as a leveraged proxy for the coin. Other treasury vehicles like BitMine raise money to buy crypto and live or die on the gap between their share price and their holdings.
For Elon Musk's company, it's a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can.
For years, onchain analysts estimated SpaceX held about 8,300 bitcoin. The S-1 then revealed the real number was more than twice that, meaning one of the most scrutinized private companies in the world held a billion-dollar bitcoin position, and the public's best guess was off by half until securities law forced the answer.
Fair-value accounting means every quarterly report marks bitcoin to market, recording gains and losses whether or not SpaceX trades the coin. Tesla showed how that looks in a drawdown, booking hundreds of millions in paper losses on a position it wasn't selling.
Meanwhile, a strong SpaceX debut is already being read as a green light for the OpenAI and Anthropic listings behind it.
Whether those companies, or any large issuer, arrive with bitcoin on the balance sheet may depend on how much noise SpaceX's reserve generates over its first few quarters.
Corporate bitcoin has had loud champions and dedicated vehicles, but what it has never had is a giant public company simply holding it. And that experiment just started Friday.
#QUICK_BTC_UPDATE
#Write2Earn
#ETHETFsApproved
#Robertkiyosaki
#TrendingTopic
1
3
Knicks clinch first NBA title in 53 years, as Brunson shines against SpursThe New York Knicks, fuelled by a sensational 45 points from Jalen Brunson, rallied again to beat the San Antonio Spurs 94-90 and win their first NBA title in 53 years on Saturday.
The Knicks won the best-of-seven championship series 4-1, denying Victor Wembanyama and his young Spurs teammates on their home floor to lift the trophy for the first time since 1973.
The Knicks, who recovered from 29 points down in game four to produce the biggest comeback in Finals history, erased a double-digit deficit to win for the fourth time in the series.
The Knicks trailed by 16 in the second quarter and were down by 10 early in the fourth, but Brunson wouldn’t let them lose.
“I’ve got no words,” Brunson said after setting a Knicks record for points in a Finals game, surpassing Willis Reed’s 38 in game three of the team’s 1970 triumph over the Los Angeles Lakers.
With their backs against the wall, the Spurs were locked in defensively from the opening tip-off.
Wembanyama set the tone, blocking three shots in the first quarter as the Spurs powered to a 23-13 lead, holding the Knicks to their fewest points in any quarter this postseason.
Wembanyama tied a Finals record with five blocks in the first half and drilled a three-pointer that pushed the Spurs’ lead to 16 early in the second period
But the Knicks were heating up, cutting the deficit to three before Devin Vassell’s fadeaway basket at the buzzer sent the Spurs into the interval with a 42-37 lead
San Antonio quickly rebuilt a double-digit lead, but Brunson and the gritty Knicks wouldn’t let them get away
“We weren’t ready to win an NBA championship,” Spurs coach Mitch Johnson said. “The better team won.
We did a lot of good things, and we didn’t finish the job. That’s what it is
#Launchpool
#kriptohaber24
#jasmyustd
#NOTCOİN
#ZcashResumesOrchardTransactionsAfterAIAudit
Knicks clinch first NBA title in 53 years, as Brunson shines against Spurs
The New York Knicks, fuelled by a sensational 45 points from Jalen Brunson, rallied again to beat the San Antonio Spurs 94-90 and win their first NBA title in 53 years on Saturday.
The Knicks won the best-of-seven championship series 4-1, denying Victor Wembanyama and his young Spurs teammates on their home floor to lift the trophy for the first time since 1973.
The Knicks, who recovered from 29 points down in game four to produce the biggest comeback in Finals history, erased a double-digit deficit to win for the fourth time in the series.
The Knicks trailed by 16 in the second quarter and were down by 10 early in the fourth, but Brunson wouldn’t let them lose.
“I’ve got no words,” Brunson said after setting a Knicks record for points in a Finals game, surpassing Willis Reed’s 38 in game three of the team’s 1970 triumph over the Los Angeles Lakers.
With their backs against the wall, the Spurs were locked in defensively from the opening tip-off.
Wembanyama set the tone, blocking three shots in the first quarter as the Spurs powered to a 23-13 lead, holding the Knicks to their fewest points in any quarter this postseason.
Wembanyama tied a Finals record with five blocks in the first half and drilled a three-pointer that pushed the Spurs’ lead to 16 early in the second period
But the Knicks were heating up, cutting the deficit to three before Devin Vassell’s fadeaway basket at the buzzer sent the Spurs into the interval with a 42-37 lead
San Antonio quickly rebuilt a double-digit lead, but Brunson and the gritty Knicks wouldn’t let them get away
“We weren’t ready to win an NBA championship,” Spurs coach Mitch Johnson said. “The better team won.
We did a lot of good things, and we didn’t finish the job. That’s what it is
#Launchpool
#kriptohaber24
#jasmyustd
#NOTCOİN
#ZcashResumesOrchardTransactionsAfterAIAudit
The Knicks won the best-of-seven championship series 4-1, denying Victor Wembanyama and his young Spurs teammates on their home floor to lift the trophy for the first time since 1973.
The Knicks, who recovered from 29 points down in game four to produce the biggest comeback in Finals history, erased a double-digit deficit to win for the fourth time in the series.
The Knicks trailed by 16 in the second quarter and were down by 10 early in the fourth, but Brunson wouldn’t let them lose.
“I’ve got no words,” Brunson said after setting a Knicks record for points in a Finals game, surpassing Willis Reed’s 38 in game three of the team’s 1970 triumph over the Los Angeles Lakers.
With their backs against the wall, the Spurs were locked in defensively from the opening tip-off.
Wembanyama set the tone, blocking three shots in the first quarter as the Spurs powered to a 23-13 lead, holding the Knicks to their fewest points in any quarter this postseason.
Wembanyama tied a Finals record with five blocks in the first half and drilled a three-pointer that pushed the Spurs’ lead to 16 early in the second period
But the Knicks were heating up, cutting the deficit to three before Devin Vassell’s fadeaway basket at the buzzer sent the Spurs into the interval with a 42-37 lead
San Antonio quickly rebuilt a double-digit lead, but Brunson and the gritty Knicks wouldn’t let them get away
“We weren’t ready to win an NBA championship,” Spurs coach Mitch Johnson said. “The better team won.
We did a lot of good things, and we didn’t finish the job. That’s what it is
#Launchpool
#kriptohaber24
#jasmyustd
#NOTCOİN
#ZcashResumesOrchardTransactionsAfterAIAudit
10
Smiles all around as Morocco, Brazil share spoils and Knicks make historywas called the pick of the group-stage matches at World Cup 2026 – and it largely lived up to its billing.
Brazil and Morocco squared off in front of a crowd of more than 80,000 passionate fans on Saturday and, with two stunning first-half goals and a frenetic end to the game, set the New York New Jersey Stadium alight.
Once the referee’s full-time whistle blew inside the stadium, local fans rushed out to ensure they did not miss Game 5 of the NBA Finals, in which the New York Knicks sealed a dramatic late victory against the San Antonio Spurs to land their first championship since 1973.
The thousands of Brazilian fans, a smaller number of Morocco supporters and tens of thousands of New York natives all blended in as sport took the front seat in both states.
Earlier, nearly four hours before kickoff, the first group of football fans began arriving at the Secaucus train station in New Jersey to make their final journey to the stadium in East Rutherford.
Having paid a steep and much criticised return fare of $98 for a journey to the stadium from New York or New Jersey, the supporters rushed through the station as tournament volunteers, security officials and bystanders looked on with amusement
Once outside the venue, the fans brought out their drums, tambourines and best singing voices to create a festive atmosphere
The Brazilians danced their way from the train station exit to the stadium’s points of entry, often pausing on the way to pose for photos or join their Moroccan counterparts in a sing-off
Brazil supporters walked with an air of confidence, fully expecting the record five-time world champions to make a winning start to the tournament
Some of them, who had crossed the Hudson River for Brazil’s and Morocco’s opening match of the World Cup, joined one another in gearing up for the basketball finals.
“Let’s go Knicks” became the common chant as fans rushed out to watch what turned out to be the winning game in the best-of-seven series
Nearly three hours later, the Knicks’ 94-90 win was greeted by more singing, dancing and fireworks that echoed across both states
#SECApprovesActiveCryptoETF
#JPMorganCEOFightsCLARITYAct
#IndiaFlagsUnreportedCryptoIncome
#BitcoinReboundsTo$64K
#SECApprovesActiveCryptoETF
Smiles all around as Morocco, Brazil share spoils and Knicks make history
was called the pick of the group-stage matches at World Cup 2026 – and it largely lived up to its billing.
Brazil and Morocco squared off in front of a crowd of more than 80,000 passionate fans on Saturday and, with two stunning first-half goals and a frenetic end to the game, set the New York New Jersey Stadium alight.
Once the referee’s full-time whistle blew inside the stadium, local fans rushed out to ensure they did not miss Game 5 of the NBA Finals, in which the New York Knicks sealed a dramatic late victory against the San Antonio Spurs to land their first championship since 1973.
The thousands of Brazilian fans, a smaller number of Morocco supporters and tens of thousands of New York natives all blended in as sport took the front seat in both states.
Earlier, nearly four hours before kickoff, the first group of football fans began arriving at the Secaucus train station in New Jersey to make their final journey to the stadium in East Rutherford.
Having paid a steep and much criticised return fare of $98 for a journey to the stadium from New York or New Jersey, the supporters rushed through the station as tournament volunteers, security officials and bystanders looked on with amusement
Once outside the venue, the fans brought out their drums, tambourines and best singing voices to create a festive atmosphere
The Brazilians danced their way from the train station exit to the stadium’s points of entry, often pausing on the way to pose for photos or join their Moroccan counterparts in a sing-off
Brazil supporters walked with an air of confidence, fully expecting the record five-time world champions to make a winning start to the tournament
Some of them, who had crossed the Hudson River for Brazil’s and Morocco’s opening match of the World Cup, joined one another in gearing up for the basketball finals.
“Let’s go Knicks” became the common chant as fans rushed out to watch what turned out to be the winning game in the best-of-seven series
Nearly three hours later, the Knicks’ 94-90 win was greeted by more singing, dancing and fireworks that echoed across both states
#SECApprovesActiveCryptoETF
#JPMorganCEOFightsCLARITYAct
#IndiaFlagsUnreportedCryptoIncome
#BitcoinReboundsTo$64K
#SECApprovesActiveCryptoETF
Brazil and Morocco squared off in front of a crowd of more than 80,000 passionate fans on Saturday and, with two stunning first-half goals and a frenetic end to the game, set the New York New Jersey Stadium alight.
Once the referee’s full-time whistle blew inside the stadium, local fans rushed out to ensure they did not miss Game 5 of the NBA Finals, in which the New York Knicks sealed a dramatic late victory against the San Antonio Spurs to land their first championship since 1973.
The thousands of Brazilian fans, a smaller number of Morocco supporters and tens of thousands of New York natives all blended in as sport took the front seat in both states.
Earlier, nearly four hours before kickoff, the first group of football fans began arriving at the Secaucus train station in New Jersey to make their final journey to the stadium in East Rutherford.
Having paid a steep and much criticised return fare of $98 for a journey to the stadium from New York or New Jersey, the supporters rushed through the station as tournament volunteers, security officials and bystanders looked on with amusement
Once outside the venue, the fans brought out their drums, tambourines and best singing voices to create a festive atmosphere
The Brazilians danced their way from the train station exit to the stadium’s points of entry, often pausing on the way to pose for photos or join their Moroccan counterparts in a sing-off
Brazil supporters walked with an air of confidence, fully expecting the record five-time world champions to make a winning start to the tournament
Some of them, who had crossed the Hudson River for Brazil’s and Morocco’s opening match of the World Cup, joined one another in gearing up for the basketball finals.
“Let’s go Knicks” became the common chant as fans rushed out to watch what turned out to be the winning game in the best-of-seven series
Nearly three hours later, the Knicks’ 94-90 win was greeted by more singing, dancing and fireworks that echoed across both states
#SECApprovesActiveCryptoETF
#JPMorganCEOFightsCLARITYAct
#IndiaFlagsUnreportedCryptoIncome
#BitcoinReboundsTo$64K
#SECApprovesActiveCryptoETF
3
2026 World Cup: Australia stun Turkiye 2-0 in counterattacking masterclassNestory Irankunda and Connor Metcalfe have scored as Australia have spoiled Turkiye’s return to the World Cup for the first time in 24 years with a 2-0 victory.
Goalkeeper Patrick Beach made eight saves for the Socceroos in their group opener on Saturday night as FIFA President Gianni Infantino looked on in Vancouver, Canada.
Australia coach Tony Popovic pulled off a huge shock in his starting lineup, dropping experienced captain and goalkeeper Maty Ryan in favour of Beach, winning only his third cap.
Vice captain Jackson Irvine was also dropped in favour of 21-year-old midfielder Paul Okon-Engstler in a starting XI that featured 10 World Cup debutants
One of Turkiye’s best chances came in the 27th minute when Real Madrid’s Arda Guler forced a smart save from Beach with a rasping shot.
“Unreal. It is a dream come true. We have got the win now,” said Irankunda, the youngest men’s World Cup scorer for Australia and not a definite starter before kickoff.
It feels amazing. You have got to thank the staff, thank the nation. They have got the belief in me
The Socceroos fell to France in the opener in Qatar four years ago, but then beat Tunisia and Denmark in their group before getting knocked out by eventual champions Argentina in the round of 16
Australia are playing in their sixth straight World Cup and seventh overall
It is the third World Cup appearance for Turkiye, who reached the tournament for the first time in 1954
The teams are in Group D with the United States and Paraguay. The Americans thrashed Paraguay 4-1 in their group opener on Friday in Los Angeles
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#jasmyustd
2026 World Cup: Australia stun Turkiye 2-0 in counterattacking masterclass
Nestory Irankunda and Connor Metcalfe have scored as Australia have spoiled Turkiye’s return to the World Cup for the first time in 24 years with a 2-0 victory.
Goalkeeper Patrick Beach made eight saves for the Socceroos in their group opener on Saturday night as FIFA President Gianni Infantino looked on in Vancouver, Canada.
Australia coach Tony Popovic pulled off a huge shock in his starting lineup, dropping experienced captain and goalkeeper Maty Ryan in favour of Beach, winning only his third cap.
Vice captain Jackson Irvine was also dropped in favour of 21-year-old midfielder Paul Okon-Engstler in a starting XI that featured 10 World Cup debutants
One of Turkiye’s best chances came in the 27th minute when Real Madrid’s Arda Guler forced a smart save from Beach with a rasping shot.
“Unreal. It is a dream come true. We have got the win now,” said Irankunda, the youngest men’s World Cup scorer for Australia and not a definite starter before kickoff.
It feels amazing. You have got to thank the staff, thank the nation. They have got the belief in me
The Socceroos fell to France in the opener in Qatar four years ago, but then beat Tunisia and Denmark in their group before getting knocked out by eventual champions Argentina in the round of 16
Australia are playing in their sixth straight World Cup and seventh overall
It is the third World Cup appearance for Turkiye, who reached the tournament for the first time in 1954
The teams are in Group D with the United States and Paraguay. The Americans thrashed Paraguay 4-1 in their group opener on Friday in Los Angeles
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#jasmyustd
Goalkeeper Patrick Beach made eight saves for the Socceroos in their group opener on Saturday night as FIFA President Gianni Infantino looked on in Vancouver, Canada.
Australia coach Tony Popovic pulled off a huge shock in his starting lineup, dropping experienced captain and goalkeeper Maty Ryan in favour of Beach, winning only his third cap.
Vice captain Jackson Irvine was also dropped in favour of 21-year-old midfielder Paul Okon-Engstler in a starting XI that featured 10 World Cup debutants
One of Turkiye’s best chances came in the 27th minute when Real Madrid’s Arda Guler forced a smart save from Beach with a rasping shot.
“Unreal. It is a dream come true. We have got the win now,” said Irankunda, the youngest men’s World Cup scorer for Australia and not a definite starter before kickoff.
It feels amazing. You have got to thank the staff, thank the nation. They have got the belief in me
The Socceroos fell to France in the opener in Qatar four years ago, but then beat Tunisia and Denmark in their group before getting knocked out by eventual champions Argentina in the round of 16
Australia are playing in their sixth straight World Cup and seventh overall
It is the third World Cup appearance for Turkiye, who reached the tournament for the first time in 1954
The teams are in Group D with the United States and Paraguay. The Americans thrashed Paraguay 4-1 in their group opener on Friday in Los Angeles
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#jasmyustd
60
Indonesian students protest gov’t policies amid economic strainSome 1,500 Indonesian students have taken to the streets of the capital to protest against a series of economic policies by the government of President Prabowo Subianto, as Southeast Asia’s biggest economy faces mounting fiscal pressures amid a global supply chain crisis.
Demonstrators in Jakarta outlined five key demands for the government on Friday, particularly the lowering of fuel and food prices.
They also urged the government to roll back state welfare programmes they say are expensive and “wasteful”, including Prabowo’s flagship free meals and village cooperative initiatives.
Called the “Heading to Bankrupt Indonesia” protests, demonstrators donned yellow university jackets after Friday prayers and marched towards Jakarta’s central monument, the Hotel Indonesia traffic circle, where they gathered and voiced their frustration
Organisers told reporters that some protesters were blocked from joining by the police and military officials. Scuffles broke out as some students attempted to break through the police lines and metal barricades
This week, the government introduced a 32 percent price hike, angering many.
In addition, demonstrators on Friday called for more targeted spending. The $15bn-a-year free meals programme, which aims to reduce poverty and malnutrition, for example, has been the subject of a corruption probe, with Prabowo firing the programme’s head in early June
“Wasteful spending on free meals has led to a fiscal situation where subsidies initially provided had been withdrawn,” student protester Rafael Arreva told the Reuters news agency while standing in front of a police blockade
Protesters also demanded an end to the expanding role of the military in government, saying it was a threat to the country’s young democracy
The government is in denial about the current situation,” Yatalathof Ma’shum Imawan, who chairs the student group that organised the rally, told The Associated Press. “We urge Prabowo to have the courage to acknowledge his mistake and stop denying it.
Indonesia last saw mass protests in August when demonstrators called for housing reforms. Clashes between protesters and security forces left at least 13 people dead
#PEPEATH
#kdmrcrypto
#MegadropLista
#Notcoin
#coinaute
Indonesian students protest gov’t policies amid economic strain
Some 1,500 Indonesian students have taken to the streets of the capital to protest against a series of economic policies by the government of President Prabowo Subianto, as Southeast Asia’s biggest economy faces mounting fiscal pressures amid a global supply chain crisis.
Demonstrators in Jakarta outlined five key demands for the government on Friday, particularly the lowering of fuel and food prices.
They also urged the government to roll back state welfare programmes they say are expensive and “wasteful”, including Prabowo’s flagship free meals and village cooperative initiatives.
Called the “Heading to Bankrupt Indonesia” protests, demonstrators donned yellow university jackets after Friday prayers and marched towards Jakarta’s central monument, the Hotel Indonesia traffic circle, where they gathered and voiced their frustration
Organisers told reporters that some protesters were blocked from joining by the police and military officials. Scuffles broke out as some students attempted to break through the police lines and metal barricades
This week, the government introduced a 32 percent price hike, angering many.
In addition, demonstrators on Friday called for more targeted spending. The $15bn-a-year free meals programme, which aims to reduce poverty and malnutrition, for example, has been the subject of a corruption probe, with Prabowo firing the programme’s head in early June
“Wasteful spending on free meals has led to a fiscal situation where subsidies initially provided had been withdrawn,” student protester Rafael Arreva told the Reuters news agency while standing in front of a police blockade
Protesters also demanded an end to the expanding role of the military in government, saying it was a threat to the country’s young democracy
The government is in denial about the current situation,” Yatalathof Ma’shum Imawan, who chairs the student group that organised the rally, told The Associated Press. “We urge Prabowo to have the courage to acknowledge his mistake and stop denying it.
Indonesia last saw mass protests in August when demonstrators called for housing reforms. Clashes between protesters and security forces left at least 13 people dead
#PEPEATH
#kdmrcrypto
#MegadropLista
#Notcoin
#coinaute
Demonstrators in Jakarta outlined five key demands for the government on Friday, particularly the lowering of fuel and food prices.
They also urged the government to roll back state welfare programmes they say are expensive and “wasteful”, including Prabowo’s flagship free meals and village cooperative initiatives.
Called the “Heading to Bankrupt Indonesia” protests, demonstrators donned yellow university jackets after Friday prayers and marched towards Jakarta’s central monument, the Hotel Indonesia traffic circle, where they gathered and voiced their frustration
Organisers told reporters that some protesters were blocked from joining by the police and military officials. Scuffles broke out as some students attempted to break through the police lines and metal barricades
This week, the government introduced a 32 percent price hike, angering many.
In addition, demonstrators on Friday called for more targeted spending. The $15bn-a-year free meals programme, which aims to reduce poverty and malnutrition, for example, has been the subject of a corruption probe, with Prabowo firing the programme’s head in early June
“Wasteful spending on free meals has led to a fiscal situation where subsidies initially provided had been withdrawn,” student protester Rafael Arreva told the Reuters news agency while standing in front of a police blockade
Protesters also demanded an end to the expanding role of the military in government, saying it was a threat to the country’s young democracy
The government is in denial about the current situation,” Yatalathof Ma’shum Imawan, who chairs the student group that organised the rally, told The Associated Press. “We urge Prabowo to have the courage to acknowledge his mistake and stop denying it.
Indonesia last saw mass protests in August when demonstrators called for housing reforms. Clashes between protesters and security forces left at least 13 people dead
#PEPEATH
#kdmrcrypto
#MegadropLista
#Notcoin
#coinaute
1
349
Sam Bankman-Fried loses appeal to overturn fraud convictions and prisonFormer crypto tycoon Sam Bankman-Fried has lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded.
In a unanimous decision on Friday, a three-judge panel of the Manhattan-based 2nd United States Circuit Court of Appeals said prosecutors’ evidence against Bankman-Fried “was, conservatively stated, robust”.
While he was publicly reassuring customers, investors and regulators that FTX customer funds were safe, he was simultaneously using FTX as his own personal piggy bank, spending customer funds on real estate, political contributions, and investments,” Circuit Judge Barrington Parker wrote on behalf of the panel.
FTX customers were defrauded as soon as Bankman-Fried transferred their money to Alameda regardless of how strongly he believed he might later return the money,” Parker wrote.
Before FTX collapsed, Bankman-Fried was a rising star in the rough-and-tumble crypto industry who burnished his reputation with lavish philanthropic and political donations
At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but “made a very bad bet about the likelihood of getting caught
Three of Bankman-Fried’s former deputies pleaded guilty over their involvement in the case and testified against their onetime boss at his trial
Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
Sam Bankman-Fried loses appeal to overturn fraud convictions and prison
Former crypto tycoon Sam Bankman-Fried has lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded.
In a unanimous decision on Friday, a three-judge panel of the Manhattan-based 2nd United States Circuit Court of Appeals said prosecutors’ evidence against Bankman-Fried “was, conservatively stated, robust”.
While he was publicly reassuring customers, investors and regulators that FTX customer funds were safe, he was simultaneously using FTX as his own personal piggy bank, spending customer funds on real estate, political contributions, and investments,” Circuit Judge Barrington Parker wrote on behalf of the panel.
FTX customers were defrauded as soon as Bankman-Fried transferred their money to Alameda regardless of how strongly he believed he might later return the money,” Parker wrote.
Before FTX collapsed, Bankman-Fried was a rising star in the rough-and-tumble crypto industry who burnished his reputation with lavish philanthropic and political donations
At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but “made a very bad bet about the likelihood of getting caught
Three of Bankman-Fried’s former deputies pleaded guilty over their involvement in the case and testified against their onetime boss at his trial
Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
In a unanimous decision on Friday, a three-judge panel of the Manhattan-based 2nd United States Circuit Court of Appeals said prosecutors’ evidence against Bankman-Fried “was, conservatively stated, robust”.
While he was publicly reassuring customers, investors and regulators that FTX customer funds were safe, he was simultaneously using FTX as his own personal piggy bank, spending customer funds on real estate, political contributions, and investments,” Circuit Judge Barrington Parker wrote on behalf of the panel.
FTX customers were defrauded as soon as Bankman-Fried transferred their money to Alameda regardless of how strongly he believed he might later return the money,” Parker wrote.
Before FTX collapsed, Bankman-Fried was a rising star in the rough-and-tumble crypto industry who burnished his reputation with lavish philanthropic and political donations
At his March 2024 sentencing hearing, Kaplan said Bankman-Fried knew his actions were wrong but “made a very bad bet about the likelihood of getting caught
Three of Bankman-Fried’s former deputies pleaded guilty over their involvement in the case and testified against their onetime boss at his trial
Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044
#BitcoinReboundsTo$64K
#IndiaFlagsUnreportedCryptoIncome
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
56
Mother sues OpenAI in US after daughter’s death linked to ChatGPT useAlice Carrier had recently started playing the guitar again, a hobby she enjoyed in high school but had set aside during college. It was one of several pursuits she filled her free time with as she interviewed for new jobs, spent time with her dog and enjoyed activities, including gaming.
By all appearances, at least to her mother, Kristie Carrier, things were going well. Alice was working as a web developer in Montreal, Canada, fulfilling a dream she had carried since growing up in the small town of Lawrence, New Brunswick.
“Things were going in a good direction, and things seemed to be getting better for her,” Carrier told Al Jazeera
But what Carrier did not know was how much her daughter was struggling in silence. In 2023, she began using ChatGPT to help identify issues with computers and gaming consoles, but that quickly shifted to being more of a confidant amid feelings of loneliness, isolation and of being unloved
Alice struggled with her mental health. While she was taking medication and regularly in therapy, according to her mother, for months she confided in the chatbot. She shared thoughts of suicide and sought ways to carry it out, which, according to a new lawsuit filed on Thursday in a California court, happened more than 40 times
Another study from West Texas A&M University that also targeted adolescents and young adults found that nearly a fifth of all adolescents developed dependency on AI, with previously existing mental health problems a predisposition for developing the dependency.
Legislators have begun to take note. In Canada, a new digital safety bill, introduced on Wednesday, would require companies such as OpenAI to be more “transparent” about their reporting standards in crisis situations, where users may hurt themselves or others.
In Washington state, the governor signed a bill into law that requires AI chatbots to remind users they are not human every three hours and is set to take effect in January 2027. Other states like Illinois, for example, have banned AI therapy.
On the federal level, Representative Mike Lawler, a Republican from New York, introduced a bill that would require chatbot companies to notify parents of interactions where suicidal ideation is discussed by a user. However, this bill only applies to minors
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
#JPMorganCEOFightsCLARITYAct
#KalshiPolymarketSuesKentuckyPredictionMarketTax
Mother sues OpenAI in US after daughter’s death linked to ChatGPT use
Alice Carrier had recently started playing the guitar again, a hobby she enjoyed in high school but had set aside during college. It was one of several pursuits she filled her free time with as she interviewed for new jobs, spent time with her dog and enjoyed activities, including gaming.
By all appearances, at least to her mother, Kristie Carrier, things were going well. Alice was working as a web developer in Montreal, Canada, fulfilling a dream she had carried since growing up in the small town of Lawrence, New Brunswick.
“Things were going in a good direction, and things seemed to be getting better for her,” Carrier told Al Jazeera
But what Carrier did not know was how much her daughter was struggling in silence. In 2023, she began using ChatGPT to help identify issues with computers and gaming consoles, but that quickly shifted to being more of a confidant amid feelings of loneliness, isolation and of being unloved
Alice struggled with her mental health. While she was taking medication and regularly in therapy, according to her mother, for months she confided in the chatbot. She shared thoughts of suicide and sought ways to carry it out, which, according to a new lawsuit filed on Thursday in a California court, happened more than 40 times
Another study from West Texas A&M University that also targeted adolescents and young adults found that nearly a fifth of all adolescents developed dependency on AI, with previously existing mental health problems a predisposition for developing the dependency.
Legislators have begun to take note. In Canada, a new digital safety bill, introduced on Wednesday, would require companies such as OpenAI to be more “transparent” about their reporting standards in crisis situations, where users may hurt themselves or others.
In Washington state, the governor signed a bill into law that requires AI chatbots to remind users they are not human every three hours and is set to take effect in January 2027. Other states like Illinois, for example, have banned AI therapy.
On the federal level, Representative Mike Lawler, a Republican from New York, introduced a bill that would require chatbot companies to notify parents of interactions where suicidal ideation is discussed by a user. However, this bill only applies to minors
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
#JPMorganCEOFightsCLARITYAct
#KalshiPolymarketSuesKentuckyPredictionMarketTax
By all appearances, at least to her mother, Kristie Carrier, things were going well. Alice was working as a web developer in Montreal, Canada, fulfilling a dream she had carried since growing up in the small town of Lawrence, New Brunswick.
“Things were going in a good direction, and things seemed to be getting better for her,” Carrier told Al Jazeera
But what Carrier did not know was how much her daughter was struggling in silence. In 2023, she began using ChatGPT to help identify issues with computers and gaming consoles, but that quickly shifted to being more of a confidant amid feelings of loneliness, isolation and of being unloved
Alice struggled with her mental health. While she was taking medication and regularly in therapy, according to her mother, for months she confided in the chatbot. She shared thoughts of suicide and sought ways to carry it out, which, according to a new lawsuit filed on Thursday in a California court, happened more than 40 times
Another study from West Texas A&M University that also targeted adolescents and young adults found that nearly a fifth of all adolescents developed dependency on AI, with previously existing mental health problems a predisposition for developing the dependency.
Legislators have begun to take note. In Canada, a new digital safety bill, introduced on Wednesday, would require companies such as OpenAI to be more “transparent” about their reporting standards in crisis situations, where users may hurt themselves or others.
In Washington state, the governor signed a bill into law that requires AI chatbots to remind users they are not human every three hours and is set to take effect in January 2027. Other states like Illinois, for example, have banned AI therapy.
On the federal level, Representative Mike Lawler, a Republican from New York, introduced a bill that would require chatbot companies to notify parents of interactions where suicidal ideation is discussed by a user. However, this bill only applies to minors
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
#JPMorganCEOFightsCLARITYAct
#KalshiPolymarketSuesKentuckyPredictionMarketTax
44
Why is the price of gold trending downIn times of global crises, the price of gold shoots up as investors look at the yellow metal as a safe haven against inflation.
Gold has been under pressure since the United States and Israel attacked Iran in late February, launching a months-long war. Prices have fallen from a high of $5,303 per troy ounce (31.1g) on January 28 to $4,235 on Friday.
That is because soaring inflation has raised concerns that central banks will not slash interest rates. They may even hike them to rein in prices.
To retaliate against the US and Israel, Iran has been blocking traffic through the waterway since the start of the war, impeding a major artery for oil and gas shipments. Energy prices have shot up in response, which in turn has pushed up inflation.
Gold is as close to real money as is possible in terms of an asset,” Justin Cardwell, head options analyst for the financial website OptionSpreaders.com, told Al Jazeera. “It doesn’t collect dividends, but it also doesn’t yield value till prices go up. People buy gold for its appreciation [in value].”
When the dollar strengthens, gold feels the pressure; when the dollar weakens, gold tends to climb. Right now, the dollar is strong, and gold is feeling it,” Collin Plume, CEO of Noble Gold Investments, told Al Jazeera in an email.
A few months ago, what came next was a rate cut, so prices were rising and assets were appreciating across the board. That’s changed. Now we’re facing headwinds, including the real potential of a rate increase. Any asset is affected by that shift, and gold is especially price-sensitive to interest rates.”
On Friday, as the news of a potential deal between the US and Iran broke, gold closed slightly higher than on the previous day.
Headlines of the possibility of the war coming to close would be positive for gold because the assumption is that inflation will come down,” said Cardwell.
“This range that gold’s currently in, it’s very likely this is a place of support. Even when the war ends, there are so many other factors that will keep a lid on what gold prices can do,” Cardwell added.
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
Why is the price of gold trending down
In times of global crises, the price of gold shoots up as investors look at the yellow metal as a safe haven against inflation.
Gold has been under pressure since the United States and Israel attacked Iran in late February, launching a months-long war. Prices have fallen from a high of $5,303 per troy ounce (31.1g) on January 28 to $4,235 on Friday.
That is because soaring inflation has raised concerns that central banks will not slash interest rates. They may even hike them to rein in prices.
To retaliate against the US and Israel, Iran has been blocking traffic through the waterway since the start of the war, impeding a major artery for oil and gas shipments. Energy prices have shot up in response, which in turn has pushed up inflation.
Gold is as close to real money as is possible in terms of an asset,” Justin Cardwell, head options analyst for the financial website OptionSpreaders.com, told Al Jazeera. “It doesn’t collect dividends, but it also doesn’t yield value till prices go up. People buy gold for its appreciation [in value].”
When the dollar strengthens, gold feels the pressure; when the dollar weakens, gold tends to climb. Right now, the dollar is strong, and gold is feeling it,” Collin Plume, CEO of Noble Gold Investments, told Al Jazeera in an email.
A few months ago, what came next was a rate cut, so prices were rising and assets were appreciating across the board. That’s changed. Now we’re facing headwinds, including the real potential of a rate increase. Any asset is affected by that shift, and gold is especially price-sensitive to interest rates.”
On Friday, as the news of a potential deal between the US and Iran broke, gold closed slightly higher than on the previous day.
Headlines of the possibility of the war coming to close would be positive for gold because the assumption is that inflation will come down,” said Cardwell.
“This range that gold’s currently in, it’s very likely this is a place of support. Even when the war ends, there are so many other factors that will keep a lid on what gold prices can do,” Cardwell added.
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
Gold has been under pressure since the United States and Israel attacked Iran in late February, launching a months-long war. Prices have fallen from a high of $5,303 per troy ounce (31.1g) on January 28 to $4,235 on Friday.
That is because soaring inflation has raised concerns that central banks will not slash interest rates. They may even hike them to rein in prices.
To retaliate against the US and Israel, Iran has been blocking traffic through the waterway since the start of the war, impeding a major artery for oil and gas shipments. Energy prices have shot up in response, which in turn has pushed up inflation.
Gold is as close to real money as is possible in terms of an asset,” Justin Cardwell, head options analyst for the financial website OptionSpreaders.com, told Al Jazeera. “It doesn’t collect dividends, but it also doesn’t yield value till prices go up. People buy gold for its appreciation [in value].”
When the dollar strengthens, gold feels the pressure; when the dollar weakens, gold tends to climb. Right now, the dollar is strong, and gold is feeling it,” Collin Plume, CEO of Noble Gold Investments, told Al Jazeera in an email.
A few months ago, what came next was a rate cut, so prices were rising and assets were appreciating across the board. That’s changed. Now we’re facing headwinds, including the real potential of a rate increase. Any asset is affected by that shift, and gold is especially price-sensitive to interest rates.”
On Friday, as the news of a potential deal between the US and Iran broke, gold closed slightly higher than on the previous day.
Headlines of the possibility of the war coming to close would be positive for gold because the assumption is that inflation will come down,” said Cardwell.
“This range that gold’s currently in, it’s very likely this is a place of support. Even when the war ends, there are so many other factors that will keep a lid on what gold prices can do,” Cardwell added.
#JPMorganCEOFightsCLARITYAct
#USIranHormusDealDisputed
#SECApprovesActiveCryptoETF
#TrumpSharesIranDealClaim
294
UAE to unlock frozen Iranian funds amid US ceasefire push: SourcesThe United Arab Emirates has agreed to unlock billions of dollars for Iran, pursuing a tactical shift after weeks of Iranian attacks on the wealthy Gulf Arab state amid its ongoing war with the United States and Israel, four sources told the Reuters news agency.
incided with the final stages of broader negotiations between Tehran and Washington to end the war. Diplomats say those talks involve the release of tens of billions of dollars in Iranian oil revenues frozen in foreign banks under US sanctions.
Two regional sources told Reuters that the UAE had agreed to release a total of $10bn, more than $3bn of which had already been delivered.
euters also reported that two other sources with knowledge of the arrangement put the total funds involved at $20bn, adding that the move had been agreed in return for a halt to Iranian attacks on the UAE.
The United Arab Emirates has categorically denied reports circulating in some international media outlets regarding the transfer or conversion of any funds from the UAE to the Islamic Republic of Iran, including claims concerning $3 billion,” the ministry said, adding that “no frozen Iranian funds have been released, transferred, or moved through the UAE
“The Ministry also urged media outlets to exercise accuracy and obtain information from official sources, and to refrain from circulating or publishing unsubstantiated information or claims lacking credibility
That trip was followed by a visit by UAE officials to Tehran to negotiate the details of the mechanism
Dubai’s banks have long held substantial Iranian-linked deposits, much of them now immobilised under US sanctions that police the global dollar-clearing system and expose any foreign bank dealing with blacklisted Iranian entities to being cut off from the US financial network
On April 11, a senior Iranian source told Reuters that the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, although a US official swiftly denied the assertion
The source, who declined to be named due to the sensitivity of the matter, said that unfreezing the assets was “directly linked to ensuring safe passage through the Strait of Hormuz”, a key issue in talks aimed at ending the conflict
#TrumpSharesIranDealClaim
#CushingOilNearOperationalThreshold
#SpaceXNasdaqIPODebutFlawless
#jasmyrocket
#KalshiPolymarketSuesKentuckyPredictionMarketTax
UAE to unlock frozen Iranian funds amid US ceasefire push: Sources
The United Arab Emirates has agreed to unlock billions of dollars for Iran, pursuing a tactical shift after weeks of Iranian attacks on the wealthy Gulf Arab state amid its ongoing war with the United States and Israel, four sources told the Reuters news agency.
incided with the final stages of broader negotiations between Tehran and Washington to end the war. Diplomats say those talks involve the release of tens of billions of dollars in Iranian oil revenues frozen in foreign banks under US sanctions.
Two regional sources told Reuters that the UAE had agreed to release a total of $10bn, more than $3bn of which had already been delivered.
euters also reported that two other sources with knowledge of the arrangement put the total funds involved at $20bn, adding that the move had been agreed in return for a halt to Iranian attacks on the UAE.
The United Arab Emirates has categorically denied reports circulating in some international media outlets regarding the transfer or conversion of any funds from the UAE to the Islamic Republic of Iran, including claims concerning $3 billion,” the ministry said, adding that “no frozen Iranian funds have been released, transferred, or moved through the UAE
“The Ministry also urged media outlets to exercise accuracy and obtain information from official sources, and to refrain from circulating or publishing unsubstantiated information or claims lacking credibility
That trip was followed by a visit by UAE officials to Tehran to negotiate the details of the mechanism
Dubai’s banks have long held substantial Iranian-linked deposits, much of them now immobilised under US sanctions that police the global dollar-clearing system and expose any foreign bank dealing with blacklisted Iranian entities to being cut off from the US financial network
On April 11, a senior Iranian source told Reuters that the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, although a US official swiftly denied the assertion
The source, who declined to be named due to the sensitivity of the matter, said that unfreezing the assets was “directly linked to ensuring safe passage through the Strait of Hormuz”, a key issue in talks aimed at ending the conflict
#TrumpSharesIranDealClaim
#CushingOilNearOperationalThreshold
#SpaceXNasdaqIPODebutFlawless
#jasmyrocket
#KalshiPolymarketSuesKentuckyPredictionMarketTax
incided with the final stages of broader negotiations between Tehran and Washington to end the war. Diplomats say those talks involve the release of tens of billions of dollars in Iranian oil revenues frozen in foreign banks under US sanctions.
Two regional sources told Reuters that the UAE had agreed to release a total of $10bn, more than $3bn of which had already been delivered.
euters also reported that two other sources with knowledge of the arrangement put the total funds involved at $20bn, adding that the move had been agreed in return for a halt to Iranian attacks on the UAE.
The United Arab Emirates has categorically denied reports circulating in some international media outlets regarding the transfer or conversion of any funds from the UAE to the Islamic Republic of Iran, including claims concerning $3 billion,” the ministry said, adding that “no frozen Iranian funds have been released, transferred, or moved through the UAE
“The Ministry also urged media outlets to exercise accuracy and obtain information from official sources, and to refrain from circulating or publishing unsubstantiated information or claims lacking credibility
That trip was followed by a visit by UAE officials to Tehran to negotiate the details of the mechanism
Dubai’s banks have long held substantial Iranian-linked deposits, much of them now immobilised under US sanctions that police the global dollar-clearing system and expose any foreign bank dealing with blacklisted Iranian entities to being cut off from the US financial network
On April 11, a senior Iranian source told Reuters that the US had agreed to release Iranian frozen assets held in Qatar and other foreign banks, although a US official swiftly denied the assertion
The source, who declined to be named due to the sensitivity of the matter, said that unfreezing the assets was “directly linked to ensuring safe passage through the Strait of Hormuz”, a key issue in talks aimed at ending the conflict
#TrumpSharesIranDealClaim
#CushingOilNearOperationalThreshold
#SpaceXNasdaqIPODebutFlawless
#jasmyrocket
#KalshiPolymarketSuesKentuckyPredictionMarketTax
479
Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debutpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years.
The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what stands as the largest IPO ever.
Trading under the ticker SPCX on Nasdaq, the company had been valued at roughly $1.8 trillion based on the IPO price.
The debut gives public investors their first chance to own shares in a company that has reshaped the commercial space industry through reusable rockets and built one of the world's largest satellite networks through Starlink. The satellite internet business has become a major source of growth, serving customers in remote areas where traditional broadband can be difficult to access.
SpaceX generated about $19 billion in revenue last year from launch services, government contracts and Starlink operations.
Investors are also gaining exposure to one of the larger bitcoin holdings among publicly traded companies. SpaceX held 18,712 bitcoin as of March 31, according to company disclosures. At bitcoin’s recent price of around $63,500, those holdings are worth just under $1.2 billion.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut
paceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years.
The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what stands as the largest IPO ever.
Trading under the ticker SPCX on Nasdaq, the company had been valued at roughly $1.8 trillion based on the IPO price.
The debut gives public investors their first chance to own shares in a company that has reshaped the commercial space industry through reusable rockets and built one of the world's largest satellite networks through Starlink. The satellite internet business has become a major source of growth, serving customers in remote areas where traditional broadband can be difficult to access.
SpaceX generated about $19 billion in revenue last year from launch services, government contracts and Starlink operations.
Investors are also gaining exposure to one of the larger bitcoin holdings among publicly traded companies. SpaceX held 18,712 bitcoin as of March 31, according to company disclosures. At bitcoin’s recent price of around $63,500, those holdings are worth just under $1.2 billion.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what stands as the largest IPO ever.
Trading under the ticker SPCX on Nasdaq, the company had been valued at roughly $1.8 trillion based on the IPO price.
The debut gives public investors their first chance to own shares in a company that has reshaped the commercial space industry through reusable rockets and built one of the world's largest satellite networks through Starlink. The satellite internet business has become a major source of growth, serving customers in remote areas where traditional broadband can be difficult to access.
SpaceX generated about $19 billion in revenue last year from launch services, government contracts and Starlink operations.
Investors are also gaining exposure to one of the larger bitcoin holdings among publicly traded companies. SpaceX held 18,712 bitcoin as of March 31, according to company disclosures. At bitcoin’s recent price of around $63,500, those holdings are worth just under $1.2 billion.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
229
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analystSenior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts ending the recent crypto selloff.
he cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday.
The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick.
CoinDesk data shows bitcoin touched as low as $59,375 on June 5 in the evening, around 18:00 UTC. At the time of writing, bitcoin hovered just shy of $64,000.
Kendrick, who has $4,000 ether and a $100,000 bitcoin price target by the end of this year, identified two core drivers on Friday that support this market turnaround.
First, recent weeks saw some of the sharpest spot bitcoin ETF selling since inception. Total redemptions exceeded $5.72 billion since the second week of May. He also noted that ETF holders have anecdotally been liquidating their positions to free up cash to participate in the SpaceX initial public offering (IPO).
The intense market demand is already showing up on digital asset exchanges, such as Hyperliquid, where SpaceX’s crypto contracts recently traded with high volume and a valuation of up to 2.4 trillion.
Second, a G7-related peace deal between the U.S. and Iran, if true, could help stop oil prices from escalating. Lower oil prices would subsequently cool the rising U.S. Treasury yields, easing macro pressure on crypto markets.
To confirm that the market floor is secure, Kendrick is watching three specific metrics over the coming days. He is looking for an announcement on Monday showing that Michael Saylor’s Strategy (MSTR) purchased more bitcoin this week. He is also looking for a return to net-positive daily inflows for U.S. spot bitcoin ETFs this Friday, as international oil prices continue to fall.
The price of Brent crude fell to about $87 a barrel, while West Texas Intermediate crude was around $85 a barrel as U.S. President Donald Trump spoke of a likely peace deal with Iran.
However, he later made a U-turn in a post on Truth Social, saying the deal made public was not what had been agreed and warning Tehran's officials to quickly “get their act together.”
#Write2Earn
#ETHETFsApproved
#TrendingTopic
#haroonahmadofficial
#jasmyustd
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts ending the recent crypto selloff.
he cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday.
The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick.
CoinDesk data shows bitcoin touched as low as $59,375 on June 5 in the evening, around 18:00 UTC. At the time of writing, bitcoin hovered just shy of $64,000.
Kendrick, who has $4,000 ether and a $100,000 bitcoin price target by the end of this year, identified two core drivers on Friday that support this market turnaround.
First, recent weeks saw some of the sharpest spot bitcoin ETF selling since inception. Total redemptions exceeded $5.72 billion since the second week of May. He also noted that ETF holders have anecdotally been liquidating their positions to free up cash to participate in the SpaceX initial public offering (IPO).
The intense market demand is already showing up on digital asset exchanges, such as Hyperliquid, where SpaceX’s crypto contracts recently traded with high volume and a valuation of up to 2.4 trillion.
Second, a G7-related peace deal between the U.S. and Iran, if true, could help stop oil prices from escalating. Lower oil prices would subsequently cool the rising U.S. Treasury yields, easing macro pressure on crypto markets.
To confirm that the market floor is secure, Kendrick is watching three specific metrics over the coming days. He is looking for an announcement on Monday showing that Michael Saylor’s Strategy (MSTR) purchased more bitcoin this week. He is also looking for a return to net-positive daily inflows for U.S. spot bitcoin ETFs this Friday, as international oil prices continue to fall.
The price of Brent crude fell to about $87 a barrel, while West Texas Intermediate crude was around $85 a barrel as U.S. President Donald Trump spoke of a likely peace deal with Iran.
However, he later made a U-turn in a post on Truth Social, saying the deal made public was not what had been agreed and warning Tehran's officials to quickly “get their act together.”
#Write2Earn
#ETHETFsApproved
#TrendingTopic
#haroonahmadofficial
#jasmyustd
he cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday.
The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick.
CoinDesk data shows bitcoin touched as low as $59,375 on June 5 in the evening, around 18:00 UTC. At the time of writing, bitcoin hovered just shy of $64,000.
Kendrick, who has $4,000 ether and a $100,000 bitcoin price target by the end of this year, identified two core drivers on Friday that support this market turnaround.
First, recent weeks saw some of the sharpest spot bitcoin ETF selling since inception. Total redemptions exceeded $5.72 billion since the second week of May. He also noted that ETF holders have anecdotally been liquidating their positions to free up cash to participate in the SpaceX initial public offering (IPO).
The intense market demand is already showing up on digital asset exchanges, such as Hyperliquid, where SpaceX’s crypto contracts recently traded with high volume and a valuation of up to 2.4 trillion.
Second, a G7-related peace deal between the U.S. and Iran, if true, could help stop oil prices from escalating. Lower oil prices would subsequently cool the rising U.S. Treasury yields, easing macro pressure on crypto markets.
To confirm that the market floor is secure, Kendrick is watching three specific metrics over the coming days. He is looking for an announcement on Monday showing that Michael Saylor’s Strategy (MSTR) purchased more bitcoin this week. He is also looking for a return to net-positive daily inflows for U.S. spot bitcoin ETFs this Friday, as international oil prices continue to fall.
The price of Brent crude fell to about $87 a barrel, while West Texas Intermediate crude was around $85 a barrel as U.S. President Donald Trump spoke of a likely peace deal with Iran.
However, he later made a U-turn in a post on Truth Social, saying the deal made public was not what had been agreed and warning Tehran's officials to quickly “get their act together.”
#Write2Earn
#ETHETFsApproved
#TrendingTopic
#haroonahmadofficial
#jasmyustd
6
U.S. House bill would erect crypto-theft task force across law enforcement agenciesNew legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
Crypto theft from criminal fraud and hacking would be the jurisdiction of a new U.S. cross-agency task force contemplated in a bipartisan bill introduced on Thursday, backed by well-placed lawmakers in the U.S. House of Representatives.
The Federal Cryptocurrency Theft Task Force would be led by the U.S. attorney general, according to bill text reviewed by CoinDesk, and it would involve the Department of Justice, Federal Bureau of Investigation, Department of Homeland Security and the Treasury Department, among others.
The legislation is sponsored by Representative Lance Gooden, a Republican on the House Judiciary Committee, and by a Democrat on House Financial Services Committee, Representative Josh Gottheimer.
Crypto criminals are stealing billions from Americans, and Washington lacks a coordinated strategy to stop them," Gooden, a Texas Republican, said in a statement to CoinDesk. "As digital assets shape the future of finance, this bill protects consumers, cracks down on thieves, and strengthens trust in the crypto ecosystem.”
The task force would become the main point of coordination for preventing and investigating the theft of cryptocurrency, which is a problem that plagues the young industry. From fraud and so-called pig butchering by complex criminal networks to state-backed attacks from hackers, digital assets have long been a target. Many of the sector's most vocal political opponents often cite that undercurrent of criminal abuse as proof the sector is risky for consumers.
Despite $11 billion in thefts and scams last year, "victims have nowhere to turn," Gottheimer, a New Jersey Democrat, argued. This change would provide "a single federal point of contact."
This legislative effort suggests that the responses to theft cases have been inconsistent across the jurisdictions, including federal agencies and down through state and local law enforcement.
By housing a coordinating task force at the Justice Department, this bill gives victims, investigators and local law enforcement the unified federal response they have been missing, all on a voluntary basis that respects local control," said Dannis Porter, co-founder and CEO of the Satoshi Action Fund that advocates for digital assets policy, in a statement.
It's not yet clear whether the new task force legislation will find an avenue for passage in the busy congressional session. Bills need to either find a track through a House committee or get attached to a must-move legislative package
The Digital Chamber, a Washington group supporting crypto policy, said in a statement about this legislative effort that it's "critical that law enforcement agencies have the tools, training and coordination necessary to investigate theft, trace illicit activity, support victims and pursue bad actors."
#XRPDrops17PctInJuneTo$1.11
#MegadropLista
#LISTAAirdrop
#FactCheck
#jasmyustd
U.S. House bill would erect crypto-theft task force across law enforcement agencies
New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
Crypto theft from criminal fraud and hacking would be the jurisdiction of a new U.S. cross-agency task force contemplated in a bipartisan bill introduced on Thursday, backed by well-placed lawmakers in the U.S. House of Representatives.
The Federal Cryptocurrency Theft Task Force would be led by the U.S. attorney general, according to bill text reviewed by CoinDesk, and it would involve the Department of Justice, Federal Bureau of Investigation, Department of Homeland Security and the Treasury Department, among others.
The legislation is sponsored by Representative Lance Gooden, a Republican on the House Judiciary Committee, and by a Democrat on House Financial Services Committee, Representative Josh Gottheimer.
Crypto criminals are stealing billions from Americans, and Washington lacks a coordinated strategy to stop them," Gooden, a Texas Republican, said in a statement to CoinDesk. "As digital assets shape the future of finance, this bill protects consumers, cracks down on thieves, and strengthens trust in the crypto ecosystem.”
The task force would become the main point of coordination for preventing and investigating the theft of cryptocurrency, which is a problem that plagues the young industry. From fraud and so-called pig butchering by complex criminal networks to state-backed attacks from hackers, digital assets have long been a target. Many of the sector's most vocal political opponents often cite that undercurrent of criminal abuse as proof the sector is risky for consumers.
Despite $11 billion in thefts and scams last year, "victims have nowhere to turn," Gottheimer, a New Jersey Democrat, argued. This change would provide "a single federal point of contact."
This legislative effort suggests that the responses to theft cases have been inconsistent across the jurisdictions, including federal agencies and down through state and local law enforcement.
By housing a coordinating task force at the Justice Department, this bill gives victims, investigators and local law enforcement the unified federal response they have been missing, all on a voluntary basis that respects local control," said Dannis Porter, co-founder and CEO of the Satoshi Action Fund that advocates for digital assets policy, in a statement.
It's not yet clear whether the new task force legislation will find an avenue for passage in the busy congressional session. Bills need to either find a track through a House committee or get attached to a must-move legislative package
The Digital Chamber, a Washington group supporting crypto policy, said in a statement about this legislative effort that it's "critical that law enforcement agencies have the tools, training and coordination necessary to investigate theft, trace illicit activity, support victims and pursue bad actors."
#XRPDrops17PctInJuneTo$1.11
#MegadropLista
#LISTAAirdrop
#FactCheck
#jasmyustd
Crypto theft from criminal fraud and hacking would be the jurisdiction of a new U.S. cross-agency task force contemplated in a bipartisan bill introduced on Thursday, backed by well-placed lawmakers in the U.S. House of Representatives.
The Federal Cryptocurrency Theft Task Force would be led by the U.S. attorney general, according to bill text reviewed by CoinDesk, and it would involve the Department of Justice, Federal Bureau of Investigation, Department of Homeland Security and the Treasury Department, among others.
The legislation is sponsored by Representative Lance Gooden, a Republican on the House Judiciary Committee, and by a Democrat on House Financial Services Committee, Representative Josh Gottheimer.
Crypto criminals are stealing billions from Americans, and Washington lacks a coordinated strategy to stop them," Gooden, a Texas Republican, said in a statement to CoinDesk. "As digital assets shape the future of finance, this bill protects consumers, cracks down on thieves, and strengthens trust in the crypto ecosystem.”
The task force would become the main point of coordination for preventing and investigating the theft of cryptocurrency, which is a problem that plagues the young industry. From fraud and so-called pig butchering by complex criminal networks to state-backed attacks from hackers, digital assets have long been a target. Many of the sector's most vocal political opponents often cite that undercurrent of criminal abuse as proof the sector is risky for consumers.
Despite $11 billion in thefts and scams last year, "victims have nowhere to turn," Gottheimer, a New Jersey Democrat, argued. This change would provide "a single federal point of contact."
This legislative effort suggests that the responses to theft cases have been inconsistent across the jurisdictions, including federal agencies and down through state and local law enforcement.
By housing a coordinating task force at the Justice Department, this bill gives victims, investigators and local law enforcement the unified federal response they have been missing, all on a voluntary basis that respects local control," said Dannis Porter, co-founder and CEO of the Satoshi Action Fund that advocates for digital assets policy, in a statement.
It's not yet clear whether the new task force legislation will find an avenue for passage in the busy congressional session. Bills need to either find a track through a House committee or get attached to a must-move legislative package
The Digital Chamber, a Washington group supporting crypto policy, said in a statement about this legislative effort that it's "critical that law enforcement agencies have the tools, training and coordination necessary to investigate theft, trace illicit activity, support victims and pursue bad actors."
#XRPDrops17PctInJuneTo$1.11
#MegadropLista
#LISTAAirdrop
#FactCheck
#jasmyustd
50
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy chargesThe onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
TX founder and former CEO Sam Bankman-Fried lost his effort to overturn his conviction on fraud and conspiracy charges tied to the operation and collapse of his former crypto trading empire on Friday.
A Second Circuit Court of Appeals panel ruled that the onetime crypto executive's arguments that his trial was unfair were not persuasive, going through Bankman-Fried's contention that he was prevented from presenting all of his legal arguments and that he was blocked from arguing that FTX's investments would do well.
Bankman-Fried makes these arguments in the face of a trial at which the government’s evidence against him was, conservatively stated, robust," the ruling said.
The panel ruled that Judge Lewis Kaplan, who oversaw the trial, did not make errors in how he handled objections or in his rulings about specific arguments and portions of evidence that the prosecution and defense wanted to introduce.
While the ruling made note of the "broad discretion" that district courts have in running trials throughout the filing, the panel of judges also said they agreed with his rulings and explained their view of Judge Kaplan's actions through the trial, in addition to taking on Bankman-Fried's actual arguments.
One argument Bankman-Fried advanced was that the funds he misappropriated were in investments that would eventually grow.
"As the district court recognized, any contention that Bankman-Fried lacked an intent to defraud because he intended to eventually repay his customers was legally misleading and prejudicial because the wire fraud statute encompasses temporary misappropriation of money or property," the ruling said.
The panel reiterated this argument later on: "Whether the assets purchased by Bankman-Fried appreciated in value is irrelevant as to whether he committed fraud," the ruling said.
Bankman-Fried's team tried to argue that FTX was a margin futures trading platform, and therefore customers should have expected that they might lose some access to their funds.
We are unpersuaded," the ruling said. "The fact that some FTX customers opted into margin trading, and thus temporary deprivation of their money, is beside the point. Some opted into margin trading, some did not. No one opted into having their money transferred under false pretenses to Alameda."
Earlier this week, Bankman-Fried formally asked U.S. President Donald Trump for a pardon, though Trump said in the past he was not considering pardoning the former FTX executive, unlike various other crypto figures who have received pardons over the past 18 months.
Bankman-Fried is also seeking a new trial in federal court, separate from the appeal.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
#USConsumerSentimentRisesEarlyJune
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
TX founder and former CEO Sam Bankman-Fried lost his effort to overturn his conviction on fraud and conspiracy charges tied to the operation and collapse of his former crypto trading empire on Friday.
A Second Circuit Court of Appeals panel ruled that the onetime crypto executive's arguments that his trial was unfair were not persuasive, going through Bankman-Fried's contention that he was prevented from presenting all of his legal arguments and that he was blocked from arguing that FTX's investments would do well.
Bankman-Fried makes these arguments in the face of a trial at which the government’s evidence against him was, conservatively stated, robust," the ruling said.
The panel ruled that Judge Lewis Kaplan, who oversaw the trial, did not make errors in how he handled objections or in his rulings about specific arguments and portions of evidence that the prosecution and defense wanted to introduce.
While the ruling made note of the "broad discretion" that district courts have in running trials throughout the filing, the panel of judges also said they agreed with his rulings and explained their view of Judge Kaplan's actions through the trial, in addition to taking on Bankman-Fried's actual arguments.
One argument Bankman-Fried advanced was that the funds he misappropriated were in investments that would eventually grow.
"As the district court recognized, any contention that Bankman-Fried lacked an intent to defraud because he intended to eventually repay his customers was legally misleading and prejudicial because the wire fraud statute encompasses temporary misappropriation of money or property," the ruling said.
The panel reiterated this argument later on: "Whether the assets purchased by Bankman-Fried appreciated in value is irrelevant as to whether he committed fraud," the ruling said.
Bankman-Fried's team tried to argue that FTX was a margin futures trading platform, and therefore customers should have expected that they might lose some access to their funds.
We are unpersuaded," the ruling said. "The fact that some FTX customers opted into margin trading, and thus temporary deprivation of their money, is beside the point. Some opted into margin trading, some did not. No one opted into having their money transferred under false pretenses to Alameda."
Earlier this week, Bankman-Fried formally asked U.S. President Donald Trump for a pardon, though Trump said in the past he was not considering pardoning the former FTX executive, unlike various other crypto figures who have received pardons over the past 18 months.
Bankman-Fried is also seeking a new trial in federal court, separate from the appeal.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
#USConsumerSentimentRisesEarlyJune
TX founder and former CEO Sam Bankman-Fried lost his effort to overturn his conviction on fraud and conspiracy charges tied to the operation and collapse of his former crypto trading empire on Friday.
A Second Circuit Court of Appeals panel ruled that the onetime crypto executive's arguments that his trial was unfair were not persuasive, going through Bankman-Fried's contention that he was prevented from presenting all of his legal arguments and that he was blocked from arguing that FTX's investments would do well.
Bankman-Fried makes these arguments in the face of a trial at which the government’s evidence against him was, conservatively stated, robust," the ruling said.
The panel ruled that Judge Lewis Kaplan, who oversaw the trial, did not make errors in how he handled objections or in his rulings about specific arguments and portions of evidence that the prosecution and defense wanted to introduce.
While the ruling made note of the "broad discretion" that district courts have in running trials throughout the filing, the panel of judges also said they agreed with his rulings and explained their view of Judge Kaplan's actions through the trial, in addition to taking on Bankman-Fried's actual arguments.
One argument Bankman-Fried advanced was that the funds he misappropriated were in investments that would eventually grow.
"As the district court recognized, any contention that Bankman-Fried lacked an intent to defraud because he intended to eventually repay his customers was legally misleading and prejudicial because the wire fraud statute encompasses temporary misappropriation of money or property," the ruling said.
The panel reiterated this argument later on: "Whether the assets purchased by Bankman-Fried appreciated in value is irrelevant as to whether he committed fraud," the ruling said.
Bankman-Fried's team tried to argue that FTX was a margin futures trading platform, and therefore customers should have expected that they might lose some access to their funds.
We are unpersuaded," the ruling said. "The fact that some FTX customers opted into margin trading, and thus temporary deprivation of their money, is beside the point. Some opted into margin trading, some did not. No one opted into having their money transferred under false pretenses to Alameda."
Earlier this week, Bankman-Fried formally asked U.S. President Donald Trump for a pardon, though Trump said in the past he was not considering pardoning the former FTX executive, unlike various other crypto figures who have received pardons over the past 18 months.
Bankman-Fried is also seeking a new trial in federal court, separate from the appeal.
#SpaceXIPOUSStocksOpenHigher
#XRPDrops17PctInJuneTo$1.11
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
#USConsumerSentimentRisesEarlyJune
183
Philippines' central bank says Binance and its local partner lack licenses to operateBinance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report.
inance is trying to enter the Philippines market through a local partner. Regulators are making clear it won't be simple.
The country's central bank said neither the world's largest crypto exchange nor its local partner, BlockShoals Technologies Inc., holds the necessary license to operate as a virtual asset service provider (VASP) in the country, BitPinas media reported.
The license, issued by Bangko Sentral ng Pilipinas, is essential to facilitate crypto payment and transaction rails and is separate from any approval granted by the country's Securities and Exchange Commission (SEC).
Binance has previously been active in the country. But in 2023, the SEC noted it was operating without a license. It ordered internet service providers and app stores to block the exchange the following year.
Last month, Binance said it is working with BlockShoals, a local fintech company that received initial SEC clearance in November under the regulator's sandbox framework. The sandbox, called StratBox (Strategic Sandbox), is a controlled, supervised environment for fintech and crypto firms to test financial services.
According to BitPinas, the central bank has explicitly stated that participation in the sandbox doesn't substitute for central bank licensing, and entities seeking to operate in the country must comply with both frameworks independently.
The report also says the SEC revised its language in the sandbox deal, describing Binance as a global crypto-asset service provider rather than a global VASP, a narrower designation. The revised terms also require BlockShoals to integrate its systems with a licensed domestic VASP within 90 days before any user onboarding through Binance infrastructure can begin.
#XRPDrops17PctInJuneTo$1.11
#SpaceX$75BIPOSPXTrades7421
#SpaceXIPOUSStocksOpenHigher
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
Philippines' central bank says Binance and its local partner lack licenses to operate
Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report.
inance is trying to enter the Philippines market through a local partner. Regulators are making clear it won't be simple.
The country's central bank said neither the world's largest crypto exchange nor its local partner, BlockShoals Technologies Inc., holds the necessary license to operate as a virtual asset service provider (VASP) in the country, BitPinas media reported.
The license, issued by Bangko Sentral ng Pilipinas, is essential to facilitate crypto payment and transaction rails and is separate from any approval granted by the country's Securities and Exchange Commission (SEC).
Binance has previously been active in the country. But in 2023, the SEC noted it was operating without a license. It ordered internet service providers and app stores to block the exchange the following year.
Last month, Binance said it is working with BlockShoals, a local fintech company that received initial SEC clearance in November under the regulator's sandbox framework. The sandbox, called StratBox (Strategic Sandbox), is a controlled, supervised environment for fintech and crypto firms to test financial services.
According to BitPinas, the central bank has explicitly stated that participation in the sandbox doesn't substitute for central bank licensing, and entities seeking to operate in the country must comply with both frameworks independently.
The report also says the SEC revised its language in the sandbox deal, describing Binance as a global crypto-asset service provider rather than a global VASP, a narrower designation. The revised terms also require BlockShoals to integrate its systems with a licensed domestic VASP within 90 days before any user onboarding through Binance infrastructure can begin.
#XRPDrops17PctInJuneTo$1.11
#SpaceX$75BIPOSPXTrades7421
#SpaceXIPOUSStocksOpenHigher
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
inance is trying to enter the Philippines market through a local partner. Regulators are making clear it won't be simple.
The country's central bank said neither the world's largest crypto exchange nor its local partner, BlockShoals Technologies Inc., holds the necessary license to operate as a virtual asset service provider (VASP) in the country, BitPinas media reported.
The license, issued by Bangko Sentral ng Pilipinas, is essential to facilitate crypto payment and transaction rails and is separate from any approval granted by the country's Securities and Exchange Commission (SEC).
Binance has previously been active in the country. But in 2023, the SEC noted it was operating without a license. It ordered internet service providers and app stores to block the exchange the following year.
Last month, Binance said it is working with BlockShoals, a local fintech company that received initial SEC clearance in November under the regulator's sandbox framework. The sandbox, called StratBox (Strategic Sandbox), is a controlled, supervised environment for fintech and crypto firms to test financial services.
According to BitPinas, the central bank has explicitly stated that participation in the sandbox doesn't substitute for central bank licensing, and entities seeking to operate in the country must comply with both frameworks independently.
The report also says the SEC revised its language in the sandbox deal, describing Binance as a global crypto-asset service provider rather than a global VASP, a narrower designation. The revised terms also require BlockShoals to integrate its systems with a licensed domestic VASP within 90 days before any user onboarding through Binance infrastructure can begin.
#XRPDrops17PctInJuneTo$1.11
#SpaceX$75BIPOSPXTrades7421
#SpaceXIPOUSStocksOpenHigher
#DogeRisesNearly6PctOnSpaceXIPO
#OilDropsToLowestSinceEarlyIranWar
3
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NEARRises22.2%
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Hey folks, this token is on fire 🔥🔥🔥$NEAR because it skyrocketed by 22.2% in a strong bullish move 📈, grabbing the renewed attention of traders 👥👥 and investors 👤👤👤 in the crypto market.
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