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New GPB-backed stablecoin tGBP goes live on BCP Markets

New GPB-backed stablecoin tGBP goes live on BCP Markets

BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCB Technologies-operated crypto trading […]

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Crypto Lobby Pushes for Swift Passage of Stablecoin Bill as it Reaches Senate Floor

Crypto Lobby Pushes for Swift Passage of Stablecoin Bill as it Reaches Senate Floor

Key Takeaways: The GENIUS Act is advancing to the Senate floor to establish stablecoin oversight rules. Crypto groups urge lawmakers to keep the bill focused, as unrelated amendments threaten delays. Citigroup forecasts the stablecoin market could grow to $2 trillion by 2030. Crypto industry groups are urging US lawmakers to advance a landmark stablecoin bill

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Why Is Hyperliquid (HYPE) Price Up 10% Today?

Why Is Hyperliquid (HYPE) Price Up 10% Today?

Key Notes Following the Binance announcement, HYPE’s daily trading volume surged 76% to $319 million, reinforcing market confidence in the token’s prospects. Recent whale activity, including a $3.99 million purchase of $HYPE tokens coupled with a 4x leveraged long position, has further boosted the token’s rally. Hyperliquid achieved its highest-ever monthly trading volume in May

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Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as “kidnap and ransom (K&R) policies,”

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Bitcoin Hash Breaks Record Even As Mining Harder Than Ever

Bitcoin Hash Breaks Record Even As Mining Harder Than Ever

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high. Bitcoin Hashrate Has Observed A Sharp Surge Recently The “Hashrate” refers to an indicator that keeps track of

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Ethereum’s ‘candle-to-candle’ twin structure from 2017 makes case for K ETH price

Ethereum’s ‘candle-to-candle’ twin structure from 2017 makes case for $6K ETH price

Key takeaways: A gold-like five-point breakout structure is making a strong case for an Ethereum price boom. Ethereum is also repeating its 2016–2017 fractal and could rally to $5,000–$6,000 if the pattern holds. Fading Solana hype and rising institutional inflows are boosting Ethereum’s fundamental strength. Gold fractal furthers Ethereum’s bull case A multi-year gold fractal

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Bitcoin Waiting for Leverage Flush Before Next Big Move: Analyst

Bitcoin Waiting for Leverage Flush Before Next Big Move: Analyst

“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to high levels of betting,” before adding that Bitcoin was “waiting to purge the bets before the next swing of all-time-highs.” Paper bets are generally crypto

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Blockchain Group Scoops Up 624 Bitcoin in M Transaction

Blockchain Group Scoops Up 624 Bitcoin in $68M Transaction

Paris-listed Blockchain Group has stepped up its Bitcoin accumulation strategy, confirming a $68.6m acquisition of 624 BTC on Tuesday as it pushes to become a major institutional holder of the cryptocurrency. Its latest purchase raises its total holdings to 1,437 BTC, currently valued at $150.37m. The Blockchain Group funded most of its new Bitcoin purchase

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Coinbase aware of data leak months before public disclosure: Report

Coinbase aware of data leak months before public disclosure: Report

Key Takeaways Coinbase delayed public disclosure of a data breach involving TaskUs until May, despite being aware since January. The breach was linked to a TaskUs employee leaking customer data in exchange for bribes. Share this article Crypto exchange Coinbase was aware of a customer data leak at its outsourcing partner, TaskUs, as early as

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South Korea Lenders See Political Transition as Chance to Revamp Crypto Sector

South Korea Lenders See Political Transition as Chance to Revamp Crypto Sector

Leading banks in South Korea are urging the incoming administration to revamp financial regulations that limit their role in the virtual asset sector. The call reflects a broader ambition among lenders to compete more effectively with tech firms and gain entry into fast-evolving nonbanking markets. The Korea Federation of Banks revealed Tuesday that it had

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