Author: John Smith

With just $31 million in stablecoins against $356 million in total value locked, Cardano’s founder has proposed unprecedented treasury diversification into Bitcoin and native dollar-pegged assets to boost the network’s decentralized finance and stablecoin ecosystem. On June 12, Cardano co-founder Charles Hoskinson proposed the idea in a YouTube video of swapping $100 million worth of Cardano (ADA) tokens for Bitcoin (BTC) and native stablecoins USDM and USDA to strengthen the ecosystem. Hoskinson framed the treasury overhaul as a strategic bet on Cardano’s future as a multi-asset financial ecosystem. Drawing inspiration from sovereign wealth funds in Norway and Abu Dhabi, he…

India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to virtual digital assets, including cryptocurrencies.  According to government officials and local reporting, the department has identified individuals and entities engaging in crypto transactions who failed to comply with the Income Tax Act, 1961. The Central Board of Direct Taxes recently sent emails to thousands of individuals, urging them to review and update their income tax returns if crypto income was misreported or omitted. The initiative is part of CBDT’s broader NUDGE campaign, aimed at encouraging voluntary compliance. This marks the third NUDGE…

U.S. stocks are down as the deadly Israeli strike against Iran ignites fears of a regional war in the Middle East. Major U.S. stock indices fell Friday, June 13, as fears of a regional war fueled risk-off sentiment. The Dow Jones Industrial Average dropped 525.80 points, or 1.22%, with nearly all major stocks trading in the red. The S&P 500 slipped 0.54%, while the tech-heavy Nasdaq was down 100 points, or 0.53%. Dow Jones Industrial Average heatmap | Source: TipRanks Markets are rattled by the potential economic fallout of escalating tensions between Israel and Iran. Israel carried out a series…

Monero has posted a powerful bullish breakout, shifting its market structure and confirming a change in the character of price action. Following the impulsive rally, XMR is now undergoing a correction, one that may provide the ideal foundation for a continuation toward higher targets. After breaking market structure with a strong upward surge, Monero (XMR) has entered a corrective phase, which is natural and expected following such impulsive price action. The key to the current move lies in where the correction finds support. Technical confluence zones offer valuable insight into where buyers may re-enter the market, and for Monero, that…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While Ethereum and Solana lean on venture capital and insiders, BlockDAG has raised $299m without VC help, and it’s becoming the top retail-powered crypto of 2025. In an industry where venture capital controls the narrative, access, and often the outcome, one presale project is proving that crypto doesn’t need gatekeepers to succeed. BlockDAG, currently in batch 29 of its presale, has raised over $299 million, not from hedge funds or early investor rounds, but directly from the people. No…

Artificial intelligence has taken centre stage with technology giants like Meta, Open AI and Alphabet Inc’s Google racing to develop AGI, Superintelligence and faster, more efficient models in 2025. The race involves multi-billion dollar acquisitions, investments and capital flows to sectors like Crypto AI tokens, offering traders an opportunity to profit from a slice of the Artificial Intelligence pie. Multiple reports show that technology giant Meta has plans to spend up to $15 billion chasing superintelligence. Zuckerberg is building a tech team alongside Scale AI, a startup led by 28 year old Alexandr Wang.  The new team could help the…

After a dramatic drop below the value area low, Pi Network has shown strong signs of recovery, bouncing from its swing low with aggressive demand. The buying wick printed on the latest daily candle confirms a strong reaction from what appears to be a maximum value zone. Pi Network’s (PI) price action took a steep hit as it fell below the value area low and traded directly into a macro swing low support. However, this flush was met with immediate demand, leading to a sharp intraday recovery and a strong close back above high-timeframe support. The technical bounce was characterized…

Regulatory clarity in the U.S. is pushing more companies to adopt Bitcoin reserves, with $11.3 billion in accumulation last month alone. Bitcoin (BTC) is going mainstream, as both governments and public companies continue accumulating the asset. On Friday, June 13, Matador Technologies published a weekly report on institutional Bitcoin adoption. According to the Canada-based financial technology firm, public companies are accelerating their Bitcoin accumulation. 1/ 🏛️ Regulatory momentum in U.S. Congress•CLARITY (crypto market structure) and GENIUS (stablecoin framework) bills are advancing, with bipartisan support and a bitcoin‑friendly CFTC chair nominee Brian Quintenz.•This marks a turning point: clearer regulation unlocking…— Matador Technologies…

Aleksei Andriunin, founder and CEO of crypto market maker Gotbit, has been sentenced to eight months in prison for his role in a multi-million-dollar wash trading scheme that inflated trading volumes for various cryptocurrencies. The sentencing was handed down by U.S. District Court Judge Angel Kelley in Boston, following Andriunin’s guilty plea in March 2025 to wire fraud and conspiracy to commit market manipulation. The 26-year-old, a dual citizen of Russia and Portugal, was arrested in Portugal in October 2024 and extradited to the U.S. in February 2025. As part of a plea agreement, Andriunin agreed to forfeit $23 million…

Nasdaq-traded company from Austin, Texas, Interactive Strength, made headlines by betting big on AI tokens. It announced setting up a crypto treasury and investing $500 million in Fetch AI token (FET). The problem is that the company is far from being well, the token is far from its winter peak, and the $500 million claim is questionable. New huge corporate treasury? More and more public companies are following MicroStrategy’s and Metaplanet’s suit and allocating millions of dollars in cryptocurrency. While most of them view Bitcoin as a viable strategy, a rare few enterprises prefer to dominate the altcoin niche. Interactive…