ECB official says stablecoins risk importing old market flaws
ECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance. Go to Source
Month: June 2026
Arthur Hayes Stakes $100K That HYPE Beats Every Top-10 Coin by Year-End
Bitmex co-founder Arthur Hayes has publicly challenged investor Kyle Samani to a $100,000 charitable wager that Hyperliquid’s HYPE token will outperform any other current top-ten cryptocurrency through the end of 2026. A Public Dare With Charity on the Line Hayes laid down the gauntlet in a post addressed directly to Samani, proposing “a gentleman’s charitable … Read more
XLM Outpaces XRP Again as Stellar Rally Nears 100% Gain Since DTCC Deal
XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a day the aggregate market fell 1.4%. XLM Defies Market Sell-off On June 1, XLM surged … Read more
A Trader Made $42 Million in 10 Months, Then a HYPE Short Wiped It out in 18 Days
A trader known onchain as ‘loracle.hl’ spent nearly 10 months building $42.2 million in profits on perpetual futures, only to lose all of it (and then some) after betting against Hyperliquid’s HYPE token. The position has now been mostly closed at a steep loss. A 10-Month Win Streak Undone in Under Three Weeks The collapse … Read more
Coinbase launches rupee bank rails in India after FIU nod
Coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures trading. Go to Source
Intel Targets Nvidia and AMD With New AI Chip
Intel says it will launch a new artificial-intelligence data-center chip this year to challenge Nvidia and AMD, betting that cheaper memory and lower power draw can win over operators building out compute capacity. A Cheaper Bet on AI Inference The plan, flagged in a widely shared market update, centers on a data-center graphics processing unit … Read more
Trump says Iran will ‘work out well:’ Five things to know in Bitcoin this week
Bitcoin price headed below $72,000 on Iran woes as US president Donald Trump told observes to “sit back and relax” with the ceasefire still absent. Go to Source
Hyperliquid Overtakes DOGE in Market Cap as HYPE Rally Adds 70% in May
The HYPE token broke through $70 to reach a new all-time high of $74.04, driving its market capitalization past $16 billion. HYPE Flips DOGE as Market Cap Crosses $16B HYPE kicked off June with another milestone as the token breached the $70 mark on its way to tapping an all-time high. The latest surge, which … Read more
The Bots Were Fake: SEC Sues Privvy Founder Over $12.3 Million Crypto Scheme
The U.S. Securities and Exchange Commission has sued a Texas entrepreneur it says raised $12.3 million from about 150 investors by promising profits from artificial-intelligence trading bots that did not exist. A “ Crypto Arbitrage” Operation Built on a Lie According to a complaint filed on May 29, the Securities and Exchange Commission (SEC) has … Read more
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week. Go to Source