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Author: James Wilson
Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. Summary Most Wall Street economists now expect the Fed to keep rates at 3.50%-3.75% through the end of 2026. Rising inflation expectations and Middle East tensions have strengthened the case for a prolonged higher-rate environment. Despite macro uncertainty, some institutional crypto investors are accumulating and preparing for regulatory clarity. According to a Reuters survey conducted between June 4 and June 9, 72 of 102 economists expect the benchmark federal…
Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins. Summary Paradigm urged the FDIC not to extend the GENIUS Act’s stablecoin yield ban to third-party firms such as exchanges and wallet providers. The firm argued Congress previously rejected proposals that would have broadened restrictions on stablecoin rewards. Paradigm also challenged proposed rules on white-label stablecoins, reporting requirements, tokenized reserves, and resolution procedures. According to a comment letter submitted to the FDIC, Paradigm argued that the agency’s interpretation of…
Trump adviser Patrick Witt has backed six House crypto tax bills as lawmakers seek to clarify rules for staking, mining, and digital asset transactions. Summary Patrick Witt backed six House crypto tax bills covering staking, mining, crypto payments, and tax reporting rules. Lawmakers split the proposals into separate bills, allowing individual measures to advance independently. Witt’s support comes as Congress also debates the CLARITY Act ahead of a potential Senate vote before August. According to statements posted on X, White House crypto adviser Patrick Witt praised the House Ways and Means Committee’s latest tax proposals, writing: “Clarity for market structure,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoin activity stays strong as Dogecoin, MemeCore, and Little Pepe draw investor attention in 2026. Summary Little Pepe is promoting itself as a meme-focused Layer-2 blockchain project, with its presale reportedly reaching Stage 13 and raising over $28 million. The project highlights planned exchange listings, ecosystem development, and a meme-centric blockchain as key differentiators from established meme coins such as Dogecoin and Pepe. Claims of future gains, including projections of 1,200% returns, remain speculative and depend on factors such…
“Buy the dip” is the most-searched, most-repeated, and most-dangerous phrase in crypto during a downturn, and in mid-2026 it is everywhere. Summary More than 10 million BTC sitting at unrealized losses supports the argument that capitulation may be nearing exhaustion. Extreme fear and whale accumulation favor buying, but weak ETF demand and hostile macro conditions argue for caution. A disciplined decision depends on time horizon, financial resilience, asset quality, and the ability to withstand further declines. Dollar-cost averaging reduces timing risk and avoids turning a long-term thesis into an all-in bet on the exact bottom. With Bitcoin down sharply toward…
BNB price has dropped more than 16% from its recent peak near $720, while a giant megaphone pattern and a failed trendline retest raise the possibility of a deeper correction toward $500. Summary BNB price has fallen more than 16% from its recent high near $720, with a giant daily megaphone pattern placing the $500 support zone in focus. A broken multi-year ascending trendline on the weekly chart has turned into resistance between $700 and $750 after a failed retest. Supertrend resistance near $673 and key support around $560 are likely to determine whether BNB recovers or revisits the lower…
Bitcoin recovered from last week’s fall toward $59,000 and briefly tested $64,156. Summary Bitcoin holds above $62,000, but weak demand leaves the recovery vulnerable before key inflation data. An oversold RSI supports a relief bounce, while $64,200 remains the first major resistance level. Losing weekly support could expose $59,100, while some analysts see deeper downside toward $50,000 next. However, the rebound has not changed the wider downtrend. Bitcoin traded near $63,200 at the time of writing, according to crypto.news price data. The market now faces two tests. Traders want stronger futures participation before treating the move as lasting. They are…
Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. Summary Circle has launched cirBTC on Ethereum, offering a wrapped Bitcoin token backed 1:1 by BTC held in regulated custody. Chainlink Proof of Reserve has been integrated to provide onchain verification of cirBTC reserves and custody holdings. Circle said cirBTC will work with Circle Mint and is expected to expand to additional blockchains through Arc. According to Circle, cirBTC is now live on Ethereum and is designed to bring Bitcoin-backed collateral into institutional decentralized…
Humanity Protocol’s H token lost more than 80% of its value on June 9 after attackers drained wallets linked to the project. Summary Humanity Protocol confirmed a foundation member’s private keys were compromised during the ongoing security incident. On-chain trackers estimated losses above $30 million as attackers sold stolen H tokens for Ethereum. H dropped about 83% while users were warned against bridges and liquidity pools until clearance. The team confirmed that a private key belonging to a Humanity Foundation member had been compromised. Humanity Protocol runs a zkEVM-based identity network that uses zero-knowledge proofs and palm biometrics to verify…
The U.S. has added Alibaba, Baidu, and BYD to a Pentagon list of Chinese companies tied to Beijing’s military. The update also names several chip, biotech, robotics, and telecom firms operating in the United States. The Pentagon added Alibaba, Baidu, BYD, CXMT, YMTC, WuXi AppTec, RoboSense, and Unitree to its updated list. The list does not impose direct sanctions, but it affects Defense Department contracting rules. China’s embassy criticized the move, while WuXi AppTec called its inclusion a mistake. The list does not impose direct sanctions, but it affects Defense Department contracting rules. The move comes weeks after President Donald…