US Democrats Push for FTC Investigation Into Prediction Markets

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…

Maelstrom Predicts Worldcoin Token Surge to $5

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…

Over $600M in Bitcoin Longs Liquidated As BTC Price Nears $60K

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 price may rebound toward $70,000 next BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around…

Bitmine Launches $300M Preferred Stock Offering for Ethereum

Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy’s financing playbook.  Bitmine told the SEC on Wednesday that it intends to offer 3 million of its 9.5% Series A perpetual preferred stock at $100 per share, which will trade under the symbol BMNP within…

BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green

The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP products joined the redemption wave. Hyperliquid’s spot HYPE ETF was the only major crypto fund still…

CFTC Scraps ‘No-Deny’ Rule in Legal Settlements

The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the agency’s allegations. The CFTC said on Wednesday that it scrapped the policy, first adopted in 1998, because it “may have created an incorrect impression that the Commission is trying to shield…

Ethereum Hits 14-Week Low as Traders Defend Critical $1.8K Support

Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800.  ETH/USD 1-hour chart. Source: Cointelegraph/TradingView Key takeaways: Ether fell to a 14-week low near $1,800, with traders warning a breakdown could trigger deeper…

The selloff In Bitcoin, Altcoins Deepened, Will Bulls Buy The Dip?

Key points: Bitcoin risks falling below $65,000, but lower levels are likely to attract solid buying by the bulls. HYPE, ZEC and XLM look strong on the charts while other major altcoins risk resuming their downtrend. Bitcoin (BTC) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher…

Russian Ruble Stablecoin Kept Growing Despite Western Sanctions: CertiK

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 captured about 43% of the global non-US dollar stablecoin market, and that its holder count rose from 13,000 to 29,000 wallets between February 2025 and May 2026. The security…

Israel’s Tax Authority ‘Disappointed’ in Voluntary Crypto Disclosures: Report

Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity from criminal proceedings for filers correcting their reports. According to a Wednesday report from Globes, Israeli authorities had expected to gain up to $1 billion in taxes from “voluntary disclosures”…