Trump-linked WLFI hits new low as token-backed loan triggers concern
WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins. Go to Source
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WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins. Go to Source
During a recent interview, President Javier Milei stated that the largest obstacle to dollarization in Argentina was that people did not want it. He stressed that even when the government has approved the use of the dollar for financial transactions, people still do not use it. Key Takeaways: Javier Milei admits his dollarization push stalled; … Read more
A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. Go to Source
Digital asset firm Tok-Edge has emerged from stealth with a confirmed valuation of $15 million. Following a $1.5 million seed round led by veteran investor Marcus Meijer, the firm is now aiming for a $100 million first close for its flagship fund later in 2026. Key Takeaways: Tok-Edge secured a $15 million valuation and a … Read more
Bitcoin treasury firm Nakamoto is seeking shareholder approval for a reverse stock split to meet Nasdaq listing requirements. The move follows a steep share price decline and mounting pressure on its business model. Key Takeaways Nakamoto stock currently trades at $0.21, as the company seeks a reverse stock split before June 8 to meet the … Read more
Technical and onchain indicators hint at a possible trend reversal in XRP price as traders watch to see if a key support level holds. Go to Source
Bitwise added the ticker $BHYP and a 0.67% management fee in its latest filing, signaling a potential launch soon, according to Bloomberg’s senior ETF analyst. Go to Source
Lawmakers are intensifying scrutiny of a Trump-linked memecoin event as concerns grow over potential financial conflicts, market volatility, and the influence of token-based access models tied to political activities. Key Takeaways: Senators Warren, Schiff, and Blumenthal probe TRUMP token event tied to Mar-a-Lago access model. TRUMP token volatility spiked to $3.08 before a sharp drop, … Read more
The CFTC’s task force includes five members with legal and crypto backgrounds to help “clear rules of the road for American innovators.” Go to Source
Grayscale crypto ETF options are advancing through regulatory review, as the SEC evaluation of NYSE American’s proposal reflects a structured approach to expanding institutional access to digital asset derivatives. Key Takeaways: SEC review targets NYSE American proposal tied to Grayscale ETF with 76.02% bitcoin exposure. Regulators examine whether proposal meets investor protection and market integrity … Read more