The Ethereum Foundation (EF) announced Tuesday it is cutting 54 employees, roughly 20% of its workforce, as part of a months-long reorganization designed to sharpen its focus on what it calls the critical work only the EF can do. Leaner Structure, Narrower Focus The foundation published a formal post from EF management outlining the new […]
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Visa and BCG Build on Allium as Startup Closes $40M Series B
Allium, a New York-based blockchain data infrastructure company, has closed a $40 million Series B funding round, bringing its total capital raised to roughly $61.5 million as institutional demand for onchain data accelerates. Fortune was the first to report the raise, announced June 23, 2026. Amplify Partners led the round, with Kleiner Perkins and Theory […]
Read MoreBitcoin Sellers Control Volume as $62K Support Faces Its Biggest Test of June
Bitcoin (BTC) traded at $62,309 on June 23, 2026, at 8:30 a.m. Eastern time, holding near the lower edge of its 24-hour range as the full moving average stack flashed a strong bearish configuration and oscillators pointed to a market lacking directional conviction. 1-Hour Chart: Consolidation and Lower Highs Define Short-Term Structure On the 1-hour […]
Read MoreCLARITY Act Heads Into Decisive July as House Schedules Back-to-Back Crypto Hearings
The Digital Asset Market Clarity (CLARITY) Act is heading into a pivotal stretch, with the House scheduling two July hearings tied to Federal Reserve policy and digital-asset innovation. Senator Cynthia Lummis is pressing for a Senate floor vote before the August recess. A Packed July Calendar The legislative fight over U.S. crypto market-structure rules now […]
Read More‘It’s Like a Little Tsunami’: JPMorgan’s Dimon Warns on Stock Bull Market While Bitcoin Lags
JPMorgan Chase CEO Jamie Dimon warned that the current bull market is “like a little tsunami” that is “very hard to stop,” cautioning that geopolitical and economic risks are building beneath a surging stock market. A Warning Wrapped in a Metaphor Speaking at a Council on Foreign Relations event on June 21, Dimon used a […]
Read MoreBitcoin Bulls Lose $160M as BTC Slides Under $62K and Analysts Eye $50K Target
A sharp cryptocurrency market sell-off on Tuesday morning triggered over $700 million in total liquidations, with long positions accounting for approximately $595 million of the losses. Ethereum and Altcoins Face Heavy Selling Liquidations across the cryptocurrency market surpassed $700 million Tuesday morning amid a sell-off that saw top digital assets post losses of 3% or […]
Read MoreBitcoin ETFs Lose $68M Despite Ark and Fidelity $121M Inflow
Crypto ETF flows started Monday, June 22, on a cautious note, with bitcoin and ether funds recording combined outflows of $134.56 million. XRP ETFs remained a bright spot with fresh inflows, while solana and HYPE products saw no trading activity. XRP ETFs Extend Winning Run With $5.3M Inflow as Bitcoin Funds Stay Weak The week […]
Read MoreFed Chair Kevin Warsh to Face Congress July 14 in First Testimony as Inflation Fight Heats Up
Federal Reserve Chair Kevin Warsh is scheduled to give his first congressional testimony on monetary policy before the House Financial Services Committee next month. The appearance comes weeks after he held interest rates steady at his debut policy meeting. A High-Stakes Debut Warsh is set to appear before the House Financial Services Committee at 10 […]
Read MoreMusk Loses $150 Billion in a Day as SpaceX Stock Tumbles Hard
Elon Musk’s net worth fell by roughly $150 billion in a single day as SpaceX shares dropped 16%, part of a three-day slide that erased hundreds of billions in market value following the company’s record initial public offering (IPO). A Brutal Three Days SpaceX stock fell 16% on Monday to close at $154.60, its lowest […]
Read MoreSenate Votes 85-5 to Ban a Fed Digital Dollar Through 2030
The U.S. Senate passed the 21st Century ROAD to Housing Act late Monday in an 85-5 vote, attaching a four-year ban on a Federal Reserve central bank digital currency (CBDC) to the sweeping housing package. The bill now moves to the House, where lawmakers could vote within days. A Four-Year Prohibition Senators voted 85-5 on […]
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