The DOJ shut down Gotbit in a sweeping crackdown, seizing $23 million in crypto and exposing years of fake trading volume that misled investors and platforms. DOJ Forces Market Manipulator Gotbit to Shut Down The U.S. Department of Justice (DOJ) announced on June 13 that Gotbit Consulting LLC, a cryptocurrency-focused financial firm based in Russia […]
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Abra CEO Bill Barhydt Says Crypto Is Replacing the 60/40 Portfolio
Bond performance is in the gutter while bitcoin is reaching all-time highs. Savvy financial advisors are now telling their peers to throw out bonds and replace them with crypto. Abra’s Barhydt Predicts Crypto Will Replace Classic 60/40 Asset Allocation The decades-long rule of thumb for diversifying assets in a client portfolio by allocating 60% of […]
Read MoreCrypto Remittances Fell Nearly 45% in El Salvador
Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing to Reach Widespread Adoption […]
Read MoreBinance Freezes $3.5M in Crypto as Kidnap Ransom Trail Collapses on Blockchain
Binance froze assets, traced blockchain trails, and helped crack a cross-border ransom-for-crypto network as it dismantled a $3.75M laundering ring hiding in casinos. Binance Neutralizes Crypto Laundering Hub Hidden in Junket-Casino Labyrinth Crypto exchange Binance revealed on June 13 that its Financial Intelligence Unit (FIU) supported Philippine law enforcement in dismantling a sophisticated kidnapping-for-ransom operation […]
Read MoreSilver and Platinum Break out as Dollar Hedge Game Shifts
Silver and platinum are exploding higher as investors rotate out of gold, triggering a powerful surge fueled by dollar weakness, soaring ETF inflows, and tightening industrial supply. Silver and Platinum Prices Soar With US Debt Mounting and Demand Tightening Silver and platinum rallied sharply in June as investors diversified away from gold amid rising concerns […]
Read MoreCoinbase Rallies Behind 2 Landmark Crypto Bills—52M US Owners Await Congress
Coinbase’s CEO is driving urgent action behind two landmark crypto bills that promise regulatory clarity, investor protection, and explosive growth for America’s digital asset future. Coinbase Urges Legislative Action on 2 Crypto Bills: ’52 Million American Crypto Owners Are Counting on It’ Cryptocurrency exchange Coinbase (Nasdaq: COIN) renewed its call for Congress to establish clear […]
Read MoreTrump Media Announces SEC Declares Bitcoin Treasury Filing Effective
Trump Media is unleashing a groundbreaking bitcoin treasury arsenal with SEC clearance, fueling an aggressive multi-billion-dollar expansion across fintech, media, and decentralized finance dominance. Trump Media’s Bitcoin Treasury Deal Turns Real as SEC Declares Filing Effective Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced June 13 that the U.S. Securities and Exchange […]
Read MoreRipple and SEC Renew Efforts to Resolve Long-Running XRP Lawsuit
Ripple and the SEC have reignited efforts to end their dispute over XRP, aiming to dissolve the final injunction, unlock $125 million, and cement a long-awaited settlement. Ripple and SEC Push Court to Finalize XRP Case, Dissolve Final Injunction and Free Escrowed Funds The U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. jointly […]
Read MoreFidelity Files S-1 With SEC, Aiming to Launch Spot Solana ETF
Fidelity Investments is officially seeking the green light to launch an exchange-traded fund (ETF) that would hold solana ( SOL) directly. S-1 in Play: Fidelity Takes Aim at Solana With ETF Proposal On June 13, 2025, the firm submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The proposed “Fidelity Solana […]
Read MoreTony G Co-Investment Buys 10,000 Hyperliquid Tokens to Strengthen DeFi Strategy
Tony G Co-Investment Holdings has made its first direct investment in the Hyperliquid ecosystem, purchasing over 10,000 HYPE tokens to bolster its DeFi-focused digital asset strategy. $438,000 HyperLiquid Token Purchase Expands Tony G Co-Investment DeFi Portfolio Tony G Co-Investment Holdings Ltd. (CSE: TONY) has announced its initial investment into the Hyperliquid ecosystem with the acquisition […]
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