The News Roundup
View More NewsXRP and Hyperliquid’s HYPE have emerged as notable bright spots amid record outflows from U.S. spot crypto exchange-traded funds (ETFs). XRP-linked ETFs added $59.4 million in June, a third straight month of net inflows, albeit at a slower pace than during the previous two months, according to SoSoValue data. HYPE funds notched up $161 million in net inflows during the month. In contrast, bitcoin BTC$58,650.81 ETFs suffered record outflows of more than $4 billion, ether (ETH) ETFs saw $528.99 million in outflows and solana (SOL) ETFs shed $786,000. The positive flows into both XRP and HYPE funds signal potential for…
The U.K.’s Financial Conduct Authority (FCA) reduced the proposed capital requirements for stablecoin issuers as it set out its formal guidance for cryptocurrency regulations.The financial services regulator cut the amount of financial backing that needs to be set aside to 1% of the total value of the stablecoins they issue. It was previously 2%.The change “makes the prudential framework more proportionate for larger issuers while maintaining the robustness of the overall regime,” the FCA said in a new framework document published Tuesday.The proposed requirement is lower than the 2% equivalent stipulation under the European Union’s Markets in Crypto Assets (MiCA)…
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Two weeks ago, the Supreme Court ruled that “an agreement not to appeal a sentence is unenforceable when it would result in a miscarriage of justice.” This week, the Court held that a government-ordered analysis of cellphone location data qualifies…
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A review of Communion: Finding My Way Back to Faith by JD Vance; 288 pages; HarperCollins: New York (June 2026)The novelist Evelyn Waugh was once asked how he reconciled his lousy personal behaviour—which included drunkenness, antisemitism, and cruelty to friends and foes alike—with his Catholic faith. No one could imagine, Waugh replied, how vile he would have been were he not a Catholic. That retort came to mind as I read US vice president JD Vance’s new book, Communion, about his conversion to Catholicism. Since joining the Church of Rome in 2019, Vance has not exactly been a paragon of virtue. Once…
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In brief New York Life Investment Management, which oversees $807 billion in assets, has teamed with blockchain platform Centrifuge to launch its first-ever tokenized…
The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill…
With Bitcoin plunging below $60,000 and Strategy’s share price down by more than 70% from the high, some crypto investors are questioning if Strategy…
The U.S. office of Government Ethics released President Donald Trump’s annual financial disclosure on Tuesday, revealing sizable earnings from his various cryptocurrency ventures in…
Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingViewKey takeaways: Bitcoin…
In brief Forward Industries has proposed acquisitions to three of its rival Solana treasury firms. Two of the firms rejected the offers, while one…
from the flock-aspires-to-be-the-birds-in-‘The-Birds’ dept Cops are human beings. Despite constantly pretending they’re on a higher plane (see also: Thin Blue Line, etc.), they’re just…
I’ve been giving a lot of thought to the Ten Commandments case that should be appealed to the Supreme Court this summer. Very few…
Much of the activity has occurred on offshore exchanges, including fast-growing platforms such as Hyperliquid, which has attracted professional traders seeking deep liquidity and…
Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging.Key points:Bitcoin adds to gains as US-Iran…
In brief Canada’s Prime Minister Mark Carney warned that a U.S. order on Anthropic shows the risk of leaning on only a few AI…
