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Hyperliquid-linked exchange-traded funds have attracted about $172 million since their launch, underscoring investor interest in a protocol built to generate fee income. The inflows contrast with heavy withdrawals from U.S. spot Bitcoin ETFs over the
US private-sector job growth slowed from the previous week. BlockBeats, citing Jinshi, reported on June 16 that weekly US ADP employment for May 30 increased by 25,500. That was lower than the previous reading, which showed an increase of 29,000. The
Sen. Cynthia Lummis said the CLARITY Act, a US market-structure bill for digital assets, includes funding for law enforcement to combat crypto-related crime. In a post on X on June 16, Lummis wrote that the bill would provide $150 million to law enfo
Robinhood Markets Inc., the U.S. stock and cryptocurrency trading platform, is cutting about 10% of its full-time workforce as part of a restructuring aimed at simplifying the organization and speeding up product development. Crypto media outlet The
Coinbase has added GEODNET to its listing roadmap. Coinbase Markets wrote on X on June 16 that the asset added to the roadmap that day was GEODNET (GEOD). The listing roadmap is the process Coinbase uses to disclose digital assets, or cryptocurrencie
President Donald Trump said the core of a US-Iran agreement is preventing Iran from obtaining a nuclear weapon. He also reiterated that the Strait of Hormuz would be fully open by Friday. Walter Bloomberg, an overseas markets news account, reported J
President Donald Trump raised the possibility of additional sanctions on Russia, signaling Washington could step up pressure on Moscow after calling on Russia and Ukraine to reach a deal. Odaily, a cryptocurrency-focused media outlet, reported on Jun
President Donald Trump said US relations with Iran have been normalized and that Tehran will commit not to possess nuclear weapons. Odaily, a cryptocurrency-focused media outlet, reported on June 16 that Trump said "the relationship between the Unite
President Donald Trump said the Strait of Hormuz will be fully open before Friday, adding that oil prices are falling quickly as shipping resumes following a U.S.-Iran agreement. BlockBeats, a media outlet focused on digital assets, reported on June
Brent crude extended its losses and fell below $80 a barrel as expectations for a US-Iran agreement continued to erode the geopolitical risk premium in the oil market. Crypto media outlet BlockBeats, citing Bitget price data on June 16, reported that
Forward Industries, a publicly traded company with large Solana holdings, has been rebuffed in a series of takeover approaches to other listed Solana treasury firms, Cointelegraph reported on June 16. The failed bids come as a drop in Solana's price
BlackRock has launched a Bitcoin exchange-traded fund designed to generate options premium income. The strategy keeps Bitcoin price exposure while seeking monthly income by selling call options on part of its holdings. The iShares Bitcoin Premium Inc
Crypto market maker Wintermute said it is too early to declare that Bitcoin has regained its trend despite the token’s recent rebound. A U.S. inflation report that met expectations and hopes for a U.S.-Iran ceasefire helped lift risk assets, but stru
Major Wall Street banks are lowering their forecasts for global oil prices as expectations build for an agreement between the US and Iran. Walter Bloomberg, an overseas macro news account, wrote on X on June 16 that Wall Street was cutting its oil-pr
President Donald Trump said Russia must reach a deal with Ukraine, as Group of Seven leaders discussed the war in Ukraine at their summit. Crypto-focused media outlet BlockBeats reported on June 16, citing Xinhua News Agency, that Trump said, "Russia
A short squeeze in the perpetual futures market tied to SpaceX shares briefly pushed the company’s implied valuation to $3 trillion based on derivative pricing. Bloomberg reported on June 16 that SpaceX perpetual futures surged in blockchain-based ma
Ripple has acquired a stake in African fintech company Flutterwave, a move that would pair Ripple’s blockchain payments infrastructure with Flutterwave’s local network as demand for cross-border payments grows across the continent. Flutterwave sold p
Humanity has outlined a recovery plan after the attack on its H token, saying it will discontinue the existing token and airdrop a new ERC-20-based H token to eligible holders on a 1-for-1 basis. In a notice published on June 16, Humanity said the ex
BlackRock said the Bank of Japan is likely to take a measured approach to any additional interest-rate increases. While the BOJ has raised its policy rate to the highest level since 1995, external uncertainty and the inflation outlook could keep it c
Binance will delist several spot trading pairs. The global cryptocurrency exchange said in a notice on June 16 that it will halt trading in five spot pairs — ADX/BTC, AEVO/USDC, DOT/BNB, KAVA/BTC and WBTC/ETH — starting at noon Korea time on June 19.
Crypto card service Pyra has decided to shut down, saying the Drift hack dealt a severe blow to its business and users and left it unable to find a way to continue operating. Pyra said on X, formerly Twitter, on June 16 that it had made the difficult
Kakao Pay has approached banks to discuss cooperation on a Korean won stablecoin business, the Seoul Economic Daily reported on June 16. The company recently asked major commercial banks and other lenders to hold talks on a Korean won stablecoin cons
US Vice President JD Vance said the US holds the upper hand in follow-up nuclear negotiations with Iran. The two sides have agreed to a basic framework for a ceasefire and verification, though further talks are needed on implementation and the condit
Capital B, a French-listed Bitcoin treasury company, is preparing to launch a Bitcoin-backed credit product for the European market. The company plans to offer a digital credit instrument with a structure similar to Strategy’s STRC and Strive’s SATA.
South Korea’s Financial Services Commission will push corporate participation in the virtual-asset market as one of its key tasks this year. The move is intended to rebalance a domestic market dominated by individual investors and lay the groundwork
The Bank of Japan raised its benchmark interest rate to 1%, but the move had little impact on Bitcoin and the broader crypto market, according to market analysis. Last year, a BOJ rate increase stoked fears of a yen carry trade unwind and helped trig
The US is preparing to withdraw some of the aerial refueling tankers it deployed to Israel, crypto-focused media outlet Blockbeats reported on June 16, citing Israel's Channel 12. The move follows a memorandum of understanding between Washington and
SpaceX jumped more than 10% in premarket trading before the US stock market open, signaling continued investor appetite for newly listed growth shares tied to themes such as space and artificial intelligence. Crypto-focused media outlet BlockBeats re
International oil prices extended their decline as expectations for a US-Iran agreement eased concerns about potential supply disruptions. BlockBeats, a media outlet focused on digital assets, reported on June 16 that Brent crude fell 2.00% intraday
South Korean police have launched a concentrated crackdown on unregistered over-the-counter cryptocurrency operators, citing risks including personal data leaks, money laundering and the concealment of criminal proceeds. The National Office of Invest