Cointelegraph.com
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Cointelegraph.com - 04:26 Jun 05, 2026
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.” A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities. Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to Federal Reserve Vice Chair for Supervision Michelle Bowman, Federal Deposit Insurance Corp. Chairman Travis Hill, and Comptroller of the Currency Jonathan Gould. The letter commended the agencies’ guidance in March that clarified the capital treatment of tokenized securities, but urged them “to build on that progress to move towards a clear and fair capital treatment for on-balance sheet treatment of digital assets.” Read more -
Cointelegraph.com - 21:54 Jun 04, 2026
US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing. Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or give special consideration to a national trust charter application tied to his family’s financial interests. In a Thursday hearing of the House Financial Service Committee on “oversight of prudential regulators,” New York Representative Gregory Meeks questioned Gould on the Trump family crypto company World Liberty Financial’s connections to foreign governments and the Binance exchange. The company, whose co-founders include Trump and his sons, applied for an OCC charter in January, prompting backlash from many Democratic lawmakers alleging conflicts of interest. Representative Gregory Meeks at a Thursday hearing. Source: House Financial Services Committee Read more -
Cointelegraph.com - 20:37 Jun 04, 2026
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship, or buy the dip? Key takeaways: Bitcoin (BTC) faced a 21% price correction in 10 days, retesting the $61,000 level for the first time in 4 months. This movement coincided with Strategy (MSTR US) company's decision to buy back some corporate debt, temporarily pausing its Bitcoin accumulation. Traders now fear that Strategy could be forced to liquidate some of its Bitcoin holdings. Read more -
Cointelegraph.com - 20:21 Jun 04, 2026
Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5. Alexander Browder, the son of American-British political activist Bill Browder, said that he has been targeted by Russia over allegations that officials used the ruble-pegged A7A5 stablecoin to evade sanctions amid the country's war on Ukraine. In a Wednesday X post, Browder said his work through the website Global Cryptocurrency Laundering Database had resulted in him being “sanctioned by an authoritarian regime for uncovering corruption.” Specifically, he alleged in a March report that A7A5 was backed by deposits from Russian financial institution Promsvyazban and was used to circumvent Western sanctions stemming from Russia’s war on Ukraine. “The Ruble-backed stablecoin A7A5 is one of the most prevalent issues facing the West. It is sanctioned in the UK, US and EU but it still operates,” said Brow... -
Cointelegraph.com - 19:53 Jun 04, 2026
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure. Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented institutions were a significant source of selling pressure during the downturn. A new report by CoinShares analyzing quarterly 13F filings — regulatory disclosures that reveal the equity holdings of investment managers with at least $100 million in assets — found that professional investors reduced their Bitcoin ETF exposure to 261,000 BTC from 313,000 BTC in the first quarter, a 17% decline. The combined value of those holdings fell 35% to $17.8 billion, while the share of total US Bitcoin ETF assets held by 13F filers declined to 20.8% from 24.7%. Read more -
Cointelegraph.com - 18:52 Jun 04, 2026
A Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments. Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for loans to fund down payments for homes. The initiative, first announced in March, represented a significant shift in companies allowing digital assets to be used for financing houses. Source: Pavel Danilyuk on Pexels Read more -
Cointelegraph.com - 17:30 Jun 04, 2026
Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts. Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses. Key points: Read more -
Cointelegraph.com - 17:21 Jun 04, 2026
The exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins. Crypto exchange Bybit has added support for Western Union’s USDPT stablecoin, a move that brings the payments giant’s digital dollar onto a major crypto trading venue for the first time. The companies announced on Thursday that USDPT, Western Union’s US dollar-pegged stablecoin, is now available on Bybit for holding, trading and transfers. The integration expands USDPT beyond payments and into crypto trading while increasing the range of dollar-denominated stablecoins available to Bybit users. Bybit said it is the first major cryptocurrency exchange to support USDPT. Read more -
Cointelegraph.com - 14:48 Jun 04, 2026
Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC. Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model. Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value of Strategy’s Bitcoin reserve to $52.6 billion, pushing its unrealized loss to $11.2 billion, according to the company’s dashboard. Strategy’s variable-rate perpetual preferred stock, STRC, has also declined below its intended $100 value and is traded at $94.6 at the time of writing. Strategy's (MSTR) stock price was down 1.5% in pre-market trading to $124.7 on Thursday, Yahoo Finance data shows. Read more -
Cointelegraph.com - 13:25 Jun 04, 2026
Apex Group is providing fund services for a tokenized real estate fund using Goldman Sachs’ GS DAP platform. Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform, GS DAP. The fund was developed with Goldman Sachs, digital asset exchange Archax, real estate investment manager LRC Group and interoperability provider Ownera, Apex said Thursday. “Tokenization at institutional scale depends on trusted, regulated infrastructure,” Apex Group’s global head of digital assets, Agnes Mazurek, said, adding that its participation reflects growing demand from managers and investors for blockchain-native solutions. Read more -
Cointelegraph.com - 13:04 Jun 04, 2026
Arthur Hayes said he dumped his HYPE and NEAR holdings after warning markets may peak before September and AI IPOs could drain liquidity. BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets to both assets. Hayes cited higher energy prices due to the ongoing Middle East conflict, three forthcoming “mega AI IPOs” by the third quarter of 2026 and predictions that US President Donald Trump would turn “anti-AI” to help Republicans win the US midterm elections. “I think highs in mrkts will happen btw now and September,” wrote Hayes in a Thursday X post, adding that it was “time to take profit.” Read more -
Cointelegraph.com - 12:48 Jun 04, 2026
Coinbase launches pre-IPO markets starting with SpaceX, offering non-US users perpetual futures tied to private company valuations amid rising competition. Coinbase has launched pre-intial public offering (IPO) markets, starting with SpaceX, offering users outside the United States exposure to private companies before they list publicly via a perpetual futures contract tied to the company’s estimated pre-listing price. The product is a USDC-settled perpetual futures contract that tracks SpaceX’s pre-IPO valuation. It allows 24/7 trading with no expiry or rollover, with profits and losses settled in USDC, according to a company blog post Thursday. Coinbase said the positions can be opened and closed at any time, similar to existing perpetual futures contracts on the platform. Upon a future IPO, positions will automatically transition into a post-IPO perpetual futures contract referencing the public listing. Read more -
Cointelegraph.com - 11:46 Jun 04, 2026
Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years. Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next. Key points: Read more -
Cointelegraph.com - 11:41 Jun 04, 2026
FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure. A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025. The latest transfer equates to roughly $17.8 million at current prices and comes after earlier disposals that saw the Nasdaq-listed firm unwind more than 21,000 ETH from its treasury for roughly $55 million. FG Nexus accumulated 50,770 ETH between August and September 2025 at an average price of $3,860 per coin, building a position worth about $196 million at the time. Read more -
Cointelegraph.com - 11:27 Jun 04, 2026
A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count. A disputed Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to “No” after two dispute rounds, despite Strategy later disclosing that it sold 32 BTC during the market’s covered window. UMA Optimistic Oracle (UMA) token holders voted to settle the market in “no” following a second resolution cycle that closed at 12:34 am UTC on Thursday, blockchain data shows. An overwhelming 98.6% of the 607 participants voted for the market to resolve in “no,” while only 1.4% voted “yes,” data from Betmoar shows. Read more -
Cointelegraph.com - 11:11 Jun 04, 2026
US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15. US-listed spot Bitcoin exchange-traded funds (ETFs) extended their sell-off Wednesday to a record 13 consecutive trading days as Bitcoin demand continued to weaken. Spot Bitcoin ETFs posted $396.6 million in net outflows on Wednesday, bringing cumulative withdrawals to roughly $4.4 billion since the streak began, according to data from SoSoValue. The current run exceeds the previous record of eight consecutive trading days of outflows in February 2025, which saw roughly $3.2 billion exit the funds. Read more -
Cointelegraph.com - 08:19 Jun 04, 2026
Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC. Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush. BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around $64,690, with the rebound coinciding with reports that Israel and Lebanon had agreed to implement a ceasefire. BTC/USD four-hour chart. Source: TradingView Read more -
Cointelegraph.com - 07:32 Jun 04, 2026
Maelstrom predicts the WLD token will reach $5 by August, a gain of around 900% from current levels. Arthur Hayes’ investment firm Maelstrom said Worldcoin could surge to as high as $5 per token over the next few months, with WLD acting as a crypto proxy for the AI boom. “The AI mega IPOs are coming — and it appears the market has overlooked one of the cleanest proxies,” said Maelstrom researcher Lukas Ruppert on Wednesday. The AI boom has been in full swing in the US. OpenAI confidentially filed its IPO prospectus with the SEC on May 22, targeting a public debut in September 2026, with the firm aiming to raise $60 billion with a potential valuation of up to $1 trillion. Read more -
Cointelegraph.com - 07:12 Jun 04, 2026
The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices. Nine Democratic lawmakers in the US House of Representatives have called on the Federal Trade Commission to launch a probe into how prediction markets are advertising to customers compared to how they present themselves to regulators. In a statement on Wednesday, US Representatives Kevin Mullin and Gabe Vasquez said the FTC should investigate whether online prediction market platforms are misleading customers by advertising as gambling platforms while telling regulators they are financial tools offering investment products. Prediction markets allow users to trade contracts on the outcome of future events. They have also been facing scrutiny over insider trading, with Congress launching a probe into Polymarket and Kalshi in May and questioning the companies’ responses to insider-trading incidents on their platforms. Read more -
Cointelegraph.com - 06:59 Jun 04, 2026
AI firm Anthropic mapped a year’s worth of AI-enabled cyber threats, finding that malicious actors are quickly becoming more dangerous with AI. More than two-thirds of accounts banned by Anthropic for policy violations over the last year used AI to help them prepare for cyberattacks, such as writing malware, according to the AI firm. Anthropic said on Wednesday that between March 2025 and March 2026, out of 832 accounts that it examined for violating its policies, 560 accounts were used in this way. The data reflects an alarming global trend — that AI is increasingly being used to carry out mass cyberattacks. In April, the value of crypto stolen in hacks surged to $629.7 million, the highest since February 2025, which some analysts linked to the widespread use of AI. Read more
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