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Bitcoin Enters Distribution Phase as Investor Selling Intensifies: Bitfinex

Bitcoin has transitioned from a bullish accumulation phase into a distribution regime, according to market analysis. The shift is marked by investors selling into...

BlackRock Files for New Covered-Call Bitcoin ETF Tied to IBIT

BlackRock has filed its fourth amended S-1 registration for the proposed iShares Bitcoin Premium Income ETF (BITA). The filing details a covered-call strategy tied...

Mercari Adds Shiba Inu and Dogecoin, Letting 4M Users Buy Meme Coins

Japan's largest online marketplace, Mercari, has integrated Shiba Inu (SHIB) and Dogecoin (DOGE) into its platform, allowing millions of users to purchase the meme...

CFTC Proposes New Rules, Signaling Sports Prediction Markets Can Serve Public Interest

The U.S. Commodity Futures Trading Commission has proposed new rules for prediction markets, clarifying that contracts based on sports event outcomes are generally not...

Coinbase Urges Tax Simplification for Stablecoin Transactions

Coinbase's tax vice president testified before Congress on June 9, advocating for simplified crypto tax rules. Lawrence Zlatkin argued that requiring capital gains calculations...

Solana Shows Buy Signal, Eyes $77 Amid Mastercard AI Integration

Solana shows potential signs of a near-term price recovery, according to technical analysis, while receiving a significant institutional boost. A TD Sequential buy signal...

Exploit Drains $1.34M from Deprecated Pools on Solana’s Raydium DEX

Solana-based decentralized exchange Raydium suffered a $1.34 million exploit on Wednesday, impacting five deprecated liquidity pools from a legacy automated market maker program. The...

SOL Looks ‘Absolutely Bullish,’ Analyst Says Amid Debate on Rebound or Crash

Solana (SOL) has experienced a severe decline, dropping to around $60 this month—its lowest level since late 2023. Despite the bearish market, some analysts...

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