Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement.The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements.As Punchbowl News and Eleanor Terrett reported, Senate Republicans floated a weaker ethics guardrail package during a bipartisan meeting on June 9, discussed removing the state enforcement provision entirely, and raised impeachment as a separate option.GOP sources responded that senators not involved in the original ethics discussions later raised concerns about…
Author: cryphedge
The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in an already rough day for crypto. While the broader crypto market is down, with Bitcoin falling 3.1% toward the $62,000 zone, HYPE’s losses were nearly four times larger; a pattern that tends to show up when a high-beta asset catches a deleveraging wave at the…
Bipartisan talks over the CLARITY Act News are starting to get messy, with ethics rules now turning into a major sticking point. According to journalist Eleanor Terrett, a Democratic source described the latest Senate meeting as “rocky,” saying Republicans and the White House pulled back from an earlier agreement made before last month’s Senate Banking Committee markup. That deal reportedly included a provision allowing state attorneys general to sue the Department of Justice if officials did not enforce certain crypto ethics rules.🚨NEWS: A Dem source familiar with a bipartisan meeting between Senate lawmakers today described ethics negotiations as “rocky,” citing what…
XRP holders are now realizing losses at nearly three times the rate they are taking profits, according to the Glassnode update. The 90-day simple moving average of the realized profit to loss ratio has dropped to 0.38. That means for every $1 lost in the market, only 38 cents of profit is being booked. During the speculative peak in 2025, the same ratio reached 50—profit-takers overwhelmed loss-sellers by a factor of fifty to one. The complete reversal points to a market where coin movers are capitulating heavily. The grim on-chain picture doesn’t end there. Another Glassnode metric reveals that total…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 9, 2026 XRP price is trading at $1.16–$1.18, up more than 2% today,…
XRP is trading at $1.13, oversold and under pressure, but a quiet convergence of institutional developments and ecosystem expansion is building a case for why the current weakness may be a temporary condition rather than a permanent one.RLUSD Goes Multi-ChainThe recent XRP ecosystem news comes from the launch of the XRP EVM sidechain with RLUSD. Sal Gilbert, CEO of Teucrium, described the development as an important expansion of Ripple’s reach.“This is good for Ripple in general because it does mean we’re going to see adoption across a whole new set of smart contract based ecosystems,” Gilbert said, pointing to the…
The post What is SpaceX IPO? appeared first on Coinpedia Fintech News SpaceX’s upcoming IPO, expected to value the company at about $1.8 trillion, has attracted demand several times greater than the shares available. Large institutional investors, including long-only funds, are leading orders, with some reportedly seeking allocations exceeding $10 billion. The offering is heavily oversubscribed, prompting banks to close order books ahead of the June 11 …
Tampa, Florida, June 9th, 2026, Chainwire Pro wrestling legend, international rock star, multi time world champion and lifelong collector Chris Jericho is officially joining Kokopi Koalas ahead of the June 11 mint on LaunchMyNFT: https://launchmynft.io/mint/kokopikoalas Kokopi Koalas, the customizable NFT ecosystem on Solana, today announced a collaboration with global wrestling icon, musician, actor and collector Chris Jericho. As part of the partnership, Jericho will work directly with the Kokopi community to create official Chris Jericho Traits that will launch in the project’s Trait Store. Unlike traditional NFT collections where assets remain static after mint, Kokopi Koalas give NFT holders the…
Key takeaways Stellar (XLM) remains under pressure despite a modest rebound following last week’s sharp correction. Derivatives data shows a bearish bias, with long-to-short ratios below 1 and funding rates turning negative for the asset. Stellar (XLM) remained under pressure on Tuesday despite staging a modest recovery following last week’s steep market-wide correction. Weak derivatives positioning and mixed on-chain signals suggest that recent gains may be corrective rather than the start of a sustained bullish reversal. Market data indicates traders continue to favor downside exposure, reinforcing a cautious outlook for both assets. Derivatives markets signal growing bearish sentiment Recent derivatives…
President Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpacing some of the companies that spent years building the digital asset market.Between the post-election momentum of November 2024 and April 2026, ventures tied to the US President generated roughly $2.3 billion in pretax crypto income, Reuters reported.To understand the sheer scale of this capital extraction, one must look at the foundational pillars of the industry during that same window.For context, the Trump firm’s gains exceeded Coinbase’s $2.1 billion in income over the same period, as well as earnings from major crypto…
