CRYPTO
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Bitcoin Targets $80K as Trump Alludes To End To Iran War
Bitcoin (BTC) returned to $79,000 after Monday’s Wall Street open as markets dissected mixed signals over the US-Iran war. Key points: Bitcoin rises above $79,000 as oil prices fall after US President Donald Trump suggests the Iran war could be nearing an end. Markets raise the odds of a 25-basis-point Federal Reserve rate hike to more than 90%. Bitcoin tests…
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Bitcoin Suisse Restructuring Could Affect 60 Swiss Jobs
Bitcoin Suisse plans to shift up to half of its Swiss jobs abroad as the crypto financial services firm expands its international operations. Founded in Zug in 2013, the company provides crypto trading, custody, staking and lending services. The restructuring could affect up to 60 of the company’s 120 Swiss positions, primarily in back-office and administrative roles, according to a…
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Bybit launches 24/7 perpetuals for major currency pairs
Bybit added USDT-settled perpetuals tracking EUR/USD, GBP/USD and USD/JPY, with 24/7 trading and leverage of up to 100x. Source link
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Poland Upholds Crypto Bill Veto as Zondacrypto Probe Widens
Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266 needed. The vote was yet…
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New Jersey Officials Petition US Supreme Court over Prediction Markets
New Jersey’s Attorney General and the state’s interim director for the Division of Gaming Enforcement have officially petitioned the US Supreme Court to hear a case aimed at resolving whether state authorities or federal agencies have jurisdiction over prediction market companies. On Wednesday, Attorney General Jennifer Davenport and gaming enforcement interim director Mary Jo Flaherty filed a petition for a…
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Strategy Bitcoin Buying May Resume After Saylor ‘We’re Back’ Signal
Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers, the post could be a strong psychological signal as Saylor has a track record of dropping cryptic weekend teasers that precede official Monday morning treasury purchase announcements. Should that record, and community interpretation, hold true,…
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Trump Cost Investors $4.7B Through Crypto ‘Schemes’: Public Citizen
The nonprofit consumer advocacy organization Public Citizen reported that US President Donald Trump “left investors at least an estimated $4.7 billion underwater” since 2022 through his and his family’s digital asset ventures. According to Public Citizen, investors lost billions of dollars through the Trump family World Liberty Financial governance token, the president’s nonfungible token (NFT) trading cards launched in 2022,…
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Coinbase-Affiliated Advocacy Group Endorses Candidates for US Midterms
Stand With Crypto, an advocacy organization launched by Coinbase in 2023, endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections based on their digital asset policy views. In a Monday notice, Stand With Crypto said its slate of 32 candidates for the 2026 midterm elections was part of efforts to influence digital asset policy…
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What Happened In Crypto Legal News This Week
Former Alameda Research and FTX executives receive 5-year trading bans On Tuesday, the US District Court for the Southern District of New York (SDNY) entered consent orders related to a 2022 enforcement action against former Alameda Research CEO Caroline Ellison and crypto exchange FTX co-founder Zixiao “Gary” Wang. The orders imposed by the US Commodity Futures Trading Commission (CFTC) required…
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Cypherpunk Expands Zcash Bet With $33M Mining Deal
Cypherpunk Technologies is expanding its footprint in the Zcash ecosystem, launching what it says is the world’s largest Zcash mining operation after acquiring a mining fleet from Winklevoss Capital, signaling growing institutional interest in the privacy-focused network. Cypherpunk said Tuesday that it acquired the fleet through an equity-based transaction valued at $33.33 million. The mining operation is already online at…
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