Switzerland is planning to automatically share crypto-associated data with 74 partner countries, including the United Kingdom and all European Union member states. The government of Switzerland announced on June 6 that it has adopted a bill to permit the automatic exchange of information (AEOI) on crypto with partner countries. The
It’s another day and another Bitcoin announcement by Japanese firm Metaplanet. Ever since the firm announced its plans to increase its Bitcoin stash, all eyes in crypto have been on it. Today, Metaplanet announced that it is raising funds through an equity offering worth $5.4 billion to acquire more BTC.
Citadel Securities, the Nasdaq-listed market-maker, is preparing to double down on cryptocurrency trading in 2025, driven by new regulatory clarity from the U.S. Securities and Exchange Commission (SEC). President Jim Esposito outlined the push during a June 4 conference call, stating that “crypto has passed the point of no return,” and
The cryptocurrency market is electrifying in May 2025, with Ethereum (ETH) leading a surge that signals the start of a vibrant altcoin season. Trading at $2548, ETH’s rally is igniting interest in Ethereum-based projects, as investors seek the next big winner. The recent Pectra upgrade is a key catalyst, enhancing
Yuga Labs, the team behind the legendary Bored Ape Yacht Club (BAYC), just dropped a bombshell: they’ve proposed shutting down the ApeCoin DAO. Citing ongoing governance issues that just aren’t getting better, Yuga’s suggesting a full reset with a new setup called ApeCo. Their ultimate goal was to fix the
A prominent pseudonymous crypto trader, James Wynn, has amazed the crypto community after revealing that he lost $100 million in a few days of a string of high-risk trades on Hyperliquid. Wynn grabbed the attention of the community after making meme coin bets into millions, mainly after turning $7,000 in
Uber, an American multinational transportation company, is now spreading its wings towards stablecoins to ease global payments and cut transaction costs linked with cross-border transactions. The chief executive officer of Uber, Dara Khosrowshahi, attended the Bloomberg Tech Summit in San Francisco on June 5, in which he revealed that the
The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,
Two men who once shared a similar thoughts of innovation, disruption, and anti-establishment politics now find themselves at odds, and their rift is rocking the very foundations of the crypto space. Both men have been major market movers in the past, largely indirectly supporting Bitcoin rallies with their tweets, camps,
Dogecoin (DOGE), the leading memecoin, has dropped 8% in the past 24 hours, slipping to $0.15 and signaling potential trouble for short-term holders. Eventually, this bearish emergency occurred after Dogecoin almost reached a major resistance level at $0.20. The sudden decline comes as overall market sentiment weakens, particularly in the
