Key Takeaways Coinbase invested in a money market fund designed for stablecoin reserve eligibility. The GENIUS Act is increasing focus on liquidity, transparency, and redemption support. ETF-based reserve …
Jason Scott
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Key Takeaways The SEC put digital asset regulation at the forefront of its new policy agenda. The regulator views clearer crypto rules as part of a broader effort …
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Bitcoin
86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds
by Jason Scottby Jason ScottKey Takeaways Bitcoin hit an intraday low of $67,521 on Bitstamp as ETF outflows and liquidations hit traders. Strategy sold 32 bitcoin, adding pressure to BTC sentiment after …
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Bitcoin
60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways Moneygram launched MGUSD on June 2, 2026, a self-custodial dollar stablecoin issued by Bridge (Stripe) on the Stellar blockchain. MGUSD gives Moneygram’s 60 million customers 24/7 …
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Bitcoin
Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows
by Jason Scottby Jason ScottKey Takeaways Ripple released 1 billion XRP from escrow on June 1, continuing its monthly programmatic unlock. U.S. spot XRP ETFs drew $118.29 million in May, their strongest …
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Bitcoin
South Africa Rules out Foreign Stablecoins as Payment Tools to Curb Dollarization
by Jason Scottby Jason ScottKey Takeaways On June 2, 2026, the SARB and FSCA declared that crypto assets and stablecoins are not legal tender. Wider adoption of crypto could risk NPS disruption …
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Bitcoin
S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin
by Jason Scottby Jason ScottKey Takeaways The S&P 500 closed at a record 7,599.96 on June 1, up 0.26% on an Nvidia-led tech rally. Bitcoin opened June below $71,000 after $2.43 billion …
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Bitcoin
Citi Projects $5.5T Tokenized Market by 2030 as Wall Street Moves Onchain
by Jason Scottby Jason ScottKey Takeaways Citi projects tokenized securities could grow from $17B to $5.5T by 2030. Treasury bills, stocks, and stablecoins are expected to drive Wall Street onchain. Citi sees …
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Bitcoin
Avalanche Network Explodes as FIFA World Cup Drives 60,000 Blockchain Ticket Transactions
by Jason Scottby Jason ScottKey Takeaways FIFA launched RTB tokens on Avalanche for its fans, shifting major sports ticketing to the blockchain. Arielle Pennington said World Cup activity boosted Avalanche volume 24x, …
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Bitcoin
Kaia Network Integrates Yen Stablecoin JPYC, Completes Won Stablecoin Pilot with KB Financial
by Jason Scottby Jason ScottThe Kaia DLT Foundation announced the official mainnet launch of the Japanese yen-pegged stablecoin JPYC on the Kaia blockchain to target cross-border remittances and settlements across Asia. The …
