By Olivia Stephanie from crypto.news Binance Research said April’s DeFi exploits triggered about $13 billion in total value locked outflows, cutting liquidity across on-chain protocols. The research arm said the on-chain leverage ratio rose to about 38%, a level last seen in 2021, as TVL fell faster than borrowing. The move did not come from
By Olivia Stephanie from crypto.news Ripple CEO Brad Garlinghouse has put a clear number on the company’s 2026 business goal. Ripple’s revenue target separates operating income from XRP holdings, aiming to calm balance sheet concerns. Hidden Road, RLUSD, and treasury tools give Ripple more routes to serve banks and firms. XRP ETF inflows remain positive,
By Olivia Stephanie from crypto.news SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain
By Lawrence Mondal from crypto.news Binance has expanded its tokenized stock lineup with five new bStocks while teasing a future SpaceX-linked token, adding another high-profile name to its growing real-world asset offering. Summary – Binance added tokenized bStocks for Circle, Nvidia, Tesla, Micron, and Sandisk on its spot market. – The exchange teased a future
By Olivia Stephanie from crypto.news The U.S. Securities and Exchange Commission proposed removing two key Regulation NMS rules, opening a new debate over tokenized U.S. stocks and DeFi trading. Summary – SEC proposed removing Rules 611 and 610(e), changing long-standing trade protections for U.S. equities markets. – Analysts say the move could help DeFi market
By Lawrence Mondal from crypto.news Mastercard has launched an AI payments network backed by more than 30 companies, including Ripple, Coinbase, and the Solana Foundation, to enable autonomous software agents to transact without human intervention. According to Mastercard’s June 10 announcement, the new platform, called Agent Pay for Machines, is designed to support high-volume, low-value
By Olivia Stephanie from crypto.news CME Group has launched Nasdaq CME Crypto Index futures, giving traders exposure to eight large cryptocurrencies through one regulated contract. Key points: – CME’s new index futures combine eight major cryptocurrencies through a single cash-settled, regulated derivatives contract. – Standard and micro contracts give traders broader crypto exposure without directly
By Lawrence Mondal from crypto.news Bitcoin has stayed under pressure through 2026, but analysts at Bernstein argue that the muted cycle may be a sign of a maturing, more institution-driven market rather than a long-term problem. Key points: Bernstein says retail interest has rotated toward AI-related equities, while institutions make up a larger share of
By Olivia Stephanie from crypto.news Bitcoin price recovered above $62,000 on Monday after last week’s selloff pushed the asset to about $59,100. Key points: Bitcoin reclaimed its 200-week moving average after sweeping February’s low; resistance remains near $64,000. Oversold RSI supports a relief bounce, while bearish MACD suggests sellers still control broader momentum. Rising open
By Lawrence Mondal from crypto.news According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s $56 billion budget package, the proposal introduces a 0.2% tax
