by Michael
Key TakeawaysFidelity launched FYMXX on June 15, a fund for stablecoin issuers under the GENIUS Act.FYMXX’s 0.25% fee adds competition as Fidelity targets the $315B stablecoin market.Fidelity joins State Street and Blackrock as reserve demand grows toward 2030....
by Michael
Key TakeawaysNine European regulators pledged joint enforcement against unlicensed prediction markets during the World Cup.The statement warns sports bodies to check legality before partnerships.Kalshi and Polymarket were already blocked or under investigation across...
by Michael
Key TakeawaysOn June 19, bitcoin toggled between $62,300 and $63,300, closing up 1% amid Middle East tensions.Coinglass data showed $42.2 million in total liquidations as Brent crude bounced past $80 a barrel.A Bitunix analyst warned that future crypto volatility will...
by Michael
Cardano (ADA) trades near $0.160 with weak momentum and fading buying pressure. The key support at $0.157 is critical, with $0.13 risk if it breaks. Oversold signals and the Leios testnet could trigger a short rebound soon. Cardano (ADA) continues to trade under...
by Michael
Key TakeawaysCryptoquant’s Ki Young Ju says a prolonged sideways market, not a crash, is the real risk to Strategy’s STRC structure.STRC, an 11.5%-dividend preferred stock built to trade near $100, slid toward $85 as bitcoin hovered around $64,000 throughout... Translate »