Crypto Cryptocurrency

Ripple has acquired an equity stake in Flutterwave, a fintech company operating in 35 African countries.

Coinbase has expanded its stock and ETF trading services by allowing US customers to transfer existing investment portfolios from other brokerages onto its platform.

Defend American Jobs, a cryptocurrency industry-backed political action committee affiliated with Fairshake, reported spending more than US$12.1 million.

State Street has launched a Rule 2a-7 government money market fund designed to hold reserve assets for stablecoin issuers under the GENIUS Act framework.

Robinhood said it will eliminate about 290 jobs, or roughly 10% of its full-time workforce, while recording approximately US$28 million in restructuring-related costs.

Senator Cynthia Lummis said the Digital Asset Market Clarity Act would allocate US$150 million to help law enforcement agencies investigate cryptocurrency fraud and other digital asset crimes.

Bitcoin (CRYPTO:BTC) climbed above US$67,000 after United States President Donald Trump announced a ceasefire agreement with Iran.

Peter Schiff has renewed criticism of Strategy’s Bitcoin strategy after the company made another large purchase of the cryptocurrency.

Ethereum climbed 8.46 percent over the past 24 hours to reach $1,805.94, outperforming the broader cryptocurrency market, which advanced 7.69 percent during the same period.

The Oklahoma Department of Securities has issued a warning about a suspected cryptocurrency investment scheme.

Albert Dadon, founder of AEREDIUM, said the removal of Russian banks from SWIFT in 2022 demonstrated that globally used financial networks can be compelled to follow local laws despite having international governance frameworks.

Federal Reserve Chair Kevin Warsh will lead his first policy meeting on June 17, with crypto investors closely watching whether policymakers maintain their current outlook or signal a more restrictive path for interest rates.