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Bitcoin’s Correction May Be Canary In Coal Mine Moment for Macro
Bitcoin’s (BTC) recent performance may be less about crypto market weakness and more about its position at the front of the risk curve. Asset management firm Bitwise said that BTC often acts as a “canary in the macro coal mine,” responding…
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UK Proposes Limited Retail Fund Exposure to Crypto
The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds.The FCA floated the idea…
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Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million
Key TakeawaysSVP proposed a 10M population cap, straining infrastructure as Switzerland heads to a June 14 vote.Tamedia found 52% favor the law, signaling labor market shifts before Switzerland votes on June 14.Economiesuisse’s Pascal…
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House GOP Moves to Limit Lawmakers’ Prediction Market Betting
Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize whether members of Congress should be allowed to wager on elections or…
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Travala Launches AI Hotel Booking Protocol With USDC on Base
Singapore-based crypto travel platform Travala has launched a protocol it says lets artificial intelligence agents search, reserve and pay for hotels with USDC (USDC) on layer-2 blockchain Base, extending agentic AI stablecoin payments into…
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Crypto Tax in Illinois FY2027 Budget is One Step Away from Becoming Law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois…
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Canton Network Developer Digital Asset Seeks $300M From A16z Crypto
Key TakeawaysA16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as…
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Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the…
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$4M XRP Liquidity Rollover Marks Major Achievement for Flare
The pool closed with over $25M in four-month volume and had already hit double-digit fixed XRP rates by May, as seen on historical charts.
Flare Network’s XRP-based…
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Normal Preferred Behavior or Warning Sign?
Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage.
Strategy’s preferred stock STRC…
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