Category: Business

[ad_1] Key Takeaways Allium closed a $40M Series B led by Amplify Partners, bringing total funding to roughly $61.5 million. Visa and BCG built stablecoin dashboards on Allium, which now serves 150-plus enterprise customers across major banks and asset managers. Amplify’s David Beyer cited artificial intelligence (AI) agent-driven blockchain payments as Allium’s largest long-term growth…

[ad_1] Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support candidates in Tuesday’s primaries across three US states, which could impact the makeup of the country’s Congress in 2027. As of Monday, the Protect Progress PAC, an affiliate of Fairshake that supports Democratic candidates,…

[ad_1] Key Takeaways Gold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets. Goldman Sachs cut its 2026 gold target to $4,900 from $5,400 on June 13-20 data. Lawrence Lepard says bitcoin could reach $1 million as debt concerns build for years. Spot gold opened the week near…

[ad_1] Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to trade below the company’s average cost basis of about $75,700. Strategy acquired 1,587 Bitcoin (BTC) for $100 million between June 8 and Sunday, according to Monday’s 8-K filing with the US Securities and Exchange…

[ad_1] Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting. Bitcoin dropped to an intraday low of $62,236 on Thursday, June 18, as risk assets repriced Fed uncertainty. Nine FOMC dot plot participants projected at least 1 rate…

[ad_1] Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency. CEO Vlad Tenev told staff the company is reducing 10% of its full-time employees as part of “flattening” its org structure, according to a statement on X by Robinhood…

[ad_1] Key Takeaways VARA released strict AML guidelines in 2026 requiring Dubai crypto firms to use data-driven risk models. Crypto businesses must now update their risk profiles at least every 3 months or face regulatory action. The UAE expects compliance officers to take full accountability for AI and transactional risks moving forward. New Framework Demands…

[ad_1] Bitcoin treasury company Strategy and its perpetual preferred stock, STRC, have been the “single biggest factor” in the recent rally of Bitcoin, which has jumped 20% from its February low, according to Bitwise chief investment officer Matt Hougan. Over the past eight weeks, Strategy has added $7.2 billion in Bitcoin, Hougan said in a…

[ad_1] Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said…

[ad_1] Key Takeaways Bill 4212/25 passed a key committee, moving to floor votes to curb Brazil’s CBDC reach. Bia Kicis enshrined cash’s existence, ensuring that digital currency won’t replace physical paper money. The 5th article mandates that drex cannot next cause financial exclusion, protecting unbanked markets. Brazil’s Congress Moves To Limit State Control Over CBDCs…