The crypto market kicked off Tuesday on a mixed note: Bitcoin (BTC) dipped toward $106,000 as Ethereum (ETH) treaded water and many altcoins diverged. Fresh geopolitical flare‑ups and the Fed’s rate decision just around the corner have traders choosing their spots carefully. Quick Look at Today’s MoversBitcoin (BTC)$106,561 (-0.4% in 24 hours)Ethereum (ETH)$2,572 (-2%)Total Market Cap$3.32 trillion (-0.6%)Top Large‑Cap WinnerXRP up 1% to $2.22Top Small/Mid‑Cap GainerPendle (PENDLE) +3% Geopolitics and Fed Watch Headlines from the Middle East are still driving some of the day’s volatility. New skirmishes between Israel and Iran nudged oil prices higher, feeding concerns that risk assets might…
Author: cryphedge
Senator Elizabeth Warren has voiced fresh concerns about the GENIUS Act, a bill designed to regulate stablecoins in the US financial system, ahead of its final vote scheduled for later today.In a June 16 statement on X, Warren claimed the bill could allow billionaires to launch stablecoins that monitor user activity and gain an unfair edge in the market. She also cautioned that any fallout from such initiatives might later require taxpayer bailouts.According to her:“The GENIUS Act has a major loophole allowing Big Tech companies and major retailers to issue their own private currencies structured as stablecoins. This bill shouldn’t…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 17, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
The cryptocurrency market made a slight recovery over the last weekend, following its latest dip after Israel attacked Iran on June 13. The market seems to be facing another correction today, Tuesday, June 17. Cardano (ADA) and Dogecoin (DOGE), in particular, have faced steep price dips. Both are trading in the red zone across nearly all time frames. Both have fallen by 10% or more in the weekly charts.Cardano And Dogecoin Suffer The Brunt Of The Market BlowSource: CoinMarketCapDOGE’s price has fallen 2.2% in the daily charts, 10% in the weekly charts, 10.7% in the 14-day charts, and 19.9% over…
Coinbase CEO Brian Armstrong visited London this week, meeting with British policymakers to discuss how the UK can take a leading role in the global crypto market. He stressed the need for clear and supportive rules that allow crypto companies to grow while protecting users.Great to be in London today to meet with policymakers on how the UK can position itself competitively in the global race for crypto.This is a pivotal moment – hopeful the UK seizes this opportunity to solidify its position as a global leader in crypto. Bullish on Britain!… pic.twitter.com/w4uIVrJiRI— Brian Armstrong (@brian_armstrong) June 16, 2025 In…
Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated: June 17, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing…
JPMorgan Chase has filed a trademark application for “JPMD,” which has sparked rumors that it may be preparing to launch a new USD-backed stablecoin, called the J.P. Morgan Dollar. According to the filing, the service would cover a broad range of digital asset activities, including trading, exchange, payments, custody, and fund transfers. JPMorgan is Ready with a Stablecoin Plan JP Morgan files for trademark “JPMD” speculated as JPMorganDollar – their intended new StableCoin.#JPMorgan #StableCoin pic.twitter.com/HMYHSYSrm8 — MartyParty (@martypartymusic) June 16, 2025 The move marks another major shift in JPMorgan’s evolving stance on cryptocurrencies. Although CEO Jamie Dimon has long expressed…
Author Julia Smith Author Julia Smith About Author Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News. Share Last updated: June 16, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and…
Bybit launched a new platform on June 16 that allows users to trade gold, forex, stock CFDs, global indices, and commodities directly within its app, a first for any major crypto exchange.The launch of Bybit TradFi expands the company’s offerings beyond digital assets, positioning it as a full-service financial hub aimed at bridging the gap between traditional and emerging markets.According to Bybit, the service gives its 70 million users access to the five largest global markets without requiring separate software installations, such as MetaTrader 5, which is commonly needed for traditional asset trading.Bybit CEO and co-founder Ben Zhou said:“Investors are…
The latest crypto market insight published by Phoenix Group on June 16, 2025, outlined the latest digital assets, which are now in the accumulation phase. It shows the potential price trend and the interest of institutions. Kaia (KAIA) and Ravencoin (RVN) Lead Short-Term Accumulation As far as the list is concerned, the most prominent asset is Kaia (KAIA) with its market cap of 921.2 million and a 4-day accumulation period. It implies rapid and aggressive positioning by whales or trading programs, which indicates an increase in trust in the project. Right after is Ravencoin (RVN), a coin with a safe…
