Crypto Market Still Exposed as CFTC Lacks Spot Market Authority, Warns Behnam
Former CFTC Chair Rostin Behnam warned the crypto market remains exposed to fraud and manipulation due to the CFTC’s lack of authority over spot markets.
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Breaking Crypto News
K33 Joins Bitcoin Treasury Trend with $5.6M Acquisition Plan
Norwegian crypto brokerage K33 has raised $5.6 million through convertible loans and warrants to acquire Bitcoin for its treasury, aligning with a growing corporate trend.
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Billions in Bitcoin Options Set to Expire Friday; Traders Brace for $95K–$105K Volatility Window
Over $10B in Bitcoin options are set to expire Friday on Deribit, with traders watching the $95K–$105K range for volatility as delta and gamma risk pile up.
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Back-to-Back Raises: Metaplanet Taps $21M More to Accelerate BTC Treasury Strategy
Metaplanet has issued $21 million in zero-interest bonds to Evo Fund—just a day after a separate $50 million raise.
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Former Visa Executive Nikola Plecas Joins TON Foundation to Lead Global Payment Strategy
TON Foundation taps ex-Visa exec Nikola Plecas to lead its global payment strategy, aiming to scale crypto payments to over 1 billion Telegram users.
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GameStop Confirms $513M Bitcoin Bet Amid Soaring Stock Momentum
GameStop confirms its first-ever Bitcoin purchase, acquiring 4,710 BTC worth over $500 million. The move aligns with a rising trend of corporate crypto adoption.
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Sui Community Votes on Cetus Recovery Plan
Cetus, a DeFi protocol on Sui, was exploited for $220M on May 22, 2025, but quickly froze $162M; a recovery plan backed by major validators aims to fully reimburse users.
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Brian Quintenz Poised to Shape Crypto Policy—But Is He Too Involved?
Brian Quintenz, President Trump’s nominee for CFTC Chair, disclosed at least $3.4 million in assets—including substantial crypto holdings and ties to a16z and Kalshi.
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BlackRock Bets Big on Bitcoin with 25% Boost to IBIT Stake
BlackRock has increased its stake in the iShares Bitcoin Trust (IBIT) by over 25%, reinforcing institutional confidence in Bitcoin and solidifying IBIT’s dominance.
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Don Jr. Says He and Eric “Orange-Pilled†Trump After Family Was De-Banked
Don Jr. said he and his brother Eric helped their father embrace Bitcoin after the Trump family was de-banked.
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