Author: John Smith

Ripple and SBI Group have launched Ripple USD, known as RLUSD, in Japan after approval from the Japan Financial Services Agency.  Summary JFSA approval now gives RLUSD a regulated Japan entry point through SBI VC Trade’s platform. Ripple’s stablecoin rollout targets payments, tokenization, and collateral management for Japanese users and institutions alike. The launch extends RLUSD’s Asia push after recent market access wins in Türkiye and beyond. The dollar-backed stablecoin is now available through SBI VC Trade, the licensed crypto arm of SBI Group. The launch gives both retail and institutional users access to RLUSD through the VCTRADE platform. Ripple…

Michelle Bond has lost her bid to dismiss criminal charges, with a federal judge setting her trial to begin on Nov. 9 after rejecting arguments tied to her husband Ryan Salame’s plea agreement. Summary A federal judge has denied Michelle Bond’s bid to dismiss campaign finance charges and scheduled her trial for Nov. 9. Prosecutors allege Bond and Ryan Salame used about $400,000 in FTX funds to illegally finance her 2022 congressional campaign. Bond’s trial is among the final criminal cases tied to FTX’s collapse, while Sam Bankman-Fried continues pursuing post-conviction legal options. According to an order from Judge George…

Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. Summary Cathie Wood says underlying inflation is near 0.5% despite headline U.S. CPI rising to 4.2% in May. The ARK Invest CEO cites productivity gains and Truflation data to argue inflation pressures are easing. Wood believes Fed Chair Kevin Warsh could support economic growth if inflation falls toward 0% to 1%. According to the ARK Invest CEO, inflation fears dominated conversations during her recent investor meetings across Asia and Europe, where many participants questioned whether…

World has expanded access to AgentKit, a framework that has enabled verified users to connect AI agents to their digital identities and prove those agents represent real people rather than automated bot networks. Summary World has expanded AgentKit, allowing AI agents to operate on behalf of verified human users through World ID. The framework supports AI tools such as Claude Code, Codex, Cursor, Hermes, and OpenClaw. A recent sale of 500 limited-edition hats demonstrated how verified AI agents can complete purchases while enforcing one-person limits. According to World, the rollout comes as AI agents take on a growing number of…

Bitcoin price has fallen to a make-or-break support zone near $59,000 after losing a key Fibonacci level that traders viewed as the last major defense before a deeper selloff. Summary Bitcoin price has fallen back to the June low near $59,000 after losing the critical 78.6% Fibonacci retracement level. Technical indicators remain bearish, with BTC trading below key moving averages and sellers dominating momentum. Analysts view the $59,000-$60,000 zone as the final major support area before the risk of a deeper correction increases. According to data from crypto.news, Bitcoin (BTC) price dropped to around $59,175 on June 24, extending a…

Months of negotiations have brought the CLARITY Act to its final review stage, with Senator Cynthia Lummis confirming a July 4 release of the updated text ahead of a Senate push later in July. Summary Senator Cynthia Lummis said the final CLARITY Act text will be released around July 4 for public review. Senate leaders are working to schedule floor consideration of the crypto market structure bill in July. Law enforcement groups and anti-trafficking advocates continue to oppose Section 604 over AML and oversight concerns. According to Lummis, who spoke with Fox Business host Maria Bartiromo, Senate negotiators are preparing…

Strategy’s common stock has fallen below $100, prompting renewed criticism from Bitcoin skeptic Peter Schiff, who argues that further declines could leave the company facing difficult decisions over its Bitcoin treasury strategy. Summary Peter Schiff warned that a deeper MSTR stock decline could eventually force Strategy to sell Bitcoin. Strategy raised $335.5 million through stock sales, allocating $35 million to buy 520 BTC. CryptoQuant urged Strategy to pause Bitcoin purchases and rebuild cash reserves as dividend obligations rise. According to comments posted by Schiff on X, sustained pressure from short sellers could push Strategy into a situation where repurchasing its…

Binance has said it will pursue authorization in another European Union jurisdiction if its licensing application in Greece does not advance before the bloc’s MiCA compliance deadline. Summary Binance said it will seek authorization in another EU country if its Greek MiCA application fails to secure approval before the July 1 deadline. EU regulators have reportedly raised concerns about Binance’s compliance history, corporate structure, and executive oversight as the exchange searches for a licensing pathway. ESMA said crypto firms without MiCA authorization must begin winding down EU operations immediately after the transition period ends. Reuters reported that Gillian Lynch, Binance’s…

Tokenomics is the study of how a crypto token’s supply, distribution, and incentives are designed, and it is the single most useful lens for telling a serious project from a trap. Once you can read a token’s supply schedule and unlock calendar, a lot of crypto stops being mysterious. Summary Tokenomics determines how a crypto token’s supply, distribution, utility, and release schedule are structured, making it a key factor in assessing long term risk and value. Large gaps between circulating supply and fully diluted valuation can signal significant future dilution as locked tokens enter the market through vesting and unlock…

One company now holds close to 5% of all the ether that exists, and most of it is staked and off the market. The bull case is a supply squeeze. The bear case is a single buyer propping up a price it is already underwater on. Both can be true at the same time. Summary BitMine now holds roughly 4.7% of Ethereum’s total supply. Most of its ETH is staked, shrinking the liquid float. The bull case is a treasury-driven supply squeeze. The bear case is that one buyer has become the market’s support. On June 22, 2026, BitMine Immersion…