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U.S. Senate Passes GENIUS Act to Regulate Dollar-Backed Stablecoins

The U.S. Senate passed the GENIUS Act, which introduces federal rules for stablecoins. The bill requires dollar-backed stablecoins to be supported by liquid assets and...

SHIB Futures Long-Short Ratio Plunges as Price Hits 2-Month Low

Shiba Inu’s (SHIB) long-short ratio in the perpetual futures market has dropped to 0.93, reflecting bearish trader sentiment.More than $1.8 million of long positions...

OpenAI Launches $200M Pentagon AI Pilot, Unveils Gov Division

OpenAI has launched a new division focused on public-sector work, signing a $200 million pilot contract with the U.S. Department of Defense. The initiative, called...

Senate Passes Landmark GENIUS Act to Regulate Stablecoins

The U.S. Senate approved the GENIUS Act, a bill creating federal rules for stablecoins.The measure passed with a 68-30 vote, gaining support from 18...

Cryptocurrencies Tumble Amid Geopolitical Tensions, Fed Uncertainty

Major cryptocurrencies and stocks declined on June 17 amid broader market uncertainty. Rising tensions in the Middle East and anticipation of Federal Reserve policy drove...

Bitcoin Drops to $103K as Traders Brace for Fed Rate Decision

Bitcoin fell to $103,300 as traders reduced risk ahead of the Federal Open Market Committee (FOMC) decision.Technical indicators suggest Bitcoin may rebound between $102,000...

Philippines to Adopt OECD Crypto Tax Rules by 2028, Says DOF

The Philippines will implement the OECD's global cryptocurrency tax framework by 2028. This move aims to fight cross-border tax evasion and illicit financial flows involving...

Czech PM Faces No Confidence Vote Amid $47M Bitcoin Scandal

Czech Prime Minister Petr Fiala denied minimizing the impact of a $47 million Bitcoin donation from a convicted criminal. The bitcoin was donated to Justice...

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Anthropic Alleges Alibaba-led AI Model Theft from Claude

Anthropic has petitioned Congress to strengthen protections against AI model distillation, citing a massive alleged campaign by Alibaba-affiliated operators.The...

STRC Plunges 26% Amid Law Firm Probe, Bitcoin Losses

Strategy Inc.'s STRC preferred stock plunged to $73.62, a 26% discount to its intended $100 stable price.A law firm...

Bitcoin Tumbles as ETF Outflows Signal Waning Demand

Spot Bitcoin ETFs saw massive outflows of $469 million in a single day, signaling fading institutional demand.A put-heavy $13...

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