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View More NewsIn brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to a U.S.-Iran de-escalation. Analysts argued that a firming $60,000 support level, slowing ETF outflows, and catalysts like the CLARITY Act give reason for cautious optimism. Bitcoin steadied near $64,100 on Thursday, down about 1% over the past 24 hours, as traders weighed a hawkish debut…
Stablecoin issuer Tether is winding down Alloy by Tether and its gold-backed, overcollateralized aUSDT stablecoin after just two years to focus on products and areas with stronger demand. Tether announced its “strategic changes” on Wednesday following a review of user activity, market demand, and the company’s “broader priorities.”Tether said it has decided to focus resources on areas where it is seeing “stronger user demand, deeper liquidity and broader long-term market opportunity,” including its gold-backed digital asset XAUT and other core products across its ecosystem.While stablecoins remain Tether’s core business, the company has shown a growing interest in technology outside stablecoins. Its…
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Last Wednesday, 3 June, was surely one of the most shameful days in the Knesset’s 77-year history. Michael Rabello, the personal attorney of Israeli prime minister Benjamin Netanyahu, was elected the country’s next state comptroller—the official who inspects, reviews, and audits government policy and conduct, and whose broad powers of inspection include the use of hundreds of lawyers, accountants, and other professionals under his authority.Israeli law stipulates that the Knesset vote for this position must be carried out in secret, with MKs casting ballots alone behind a screen. Rabello’s rival for the post, former Supreme Court justice Yosef Elron, won…
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In brief SpaceX’s stock surge following last week’s IPO could benefit FTX creditors, as the defunct crypto exchange took a stake before its collapse.…
The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers…
Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts…
In brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court denied Polymarket’s…
From Doe v. Univ. of N.C. Sys., decided today by Chief Judge Martin Reidlinger (W.D.N.C.): On November 10, 2025, the Court ordered the Plaintiff’s…
At the time of their most recent filings with the Federal Election Commission, the collection of related PACs had about $164 million on hand…
Why AI agents need longer testsShort, isolated tests miss how AI agents behave over time. A new simulation shows that long-term behavior depends on…
Every year, there are many more airplanes manufactured in the United States than the country’s domestic airlines can use. This is a rather straightforward…
Bitcoin’s risk-adjusted return has fallen to a level that has marked every bear-market bottom of the past decade, the latest on-chain reading to point…
Illinois Governor JB Pritzker signed a $55.9 billion state budget bill into law on Tuesday, including a 0.2% “privilege tax” on crypto transactions, despite…
Since illegal immigration is an “invasion,” Deputy White House Chief of Staff Stephen Miller told reporters in May 2025, the Trump administration was “actively…
Bitcoin BTC$65,747.35 rose after the Bank of Japan raised interest rates to a 31-year high, pushing the price from around $65,600 in Asian trading…