News Bytes

UK FCA Creates New Deputy Chief Executive Role to Oversee Regulation of Stablecoin and Crypto Firms

UK FCA Creates New Deputy Chief Executive Role to Oversee Regulation of Stablecoin and Crypto Firms

The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms. Since joining the FCA in June 2021, Pritchard has led the supervision, policy, and […]

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Report: Bullish Exchange Files for US IPO Amid Rising Demand for Crypto Stocks

Report: Bullish Exchange Files for US IPO Amid Rising Demand for Crypto Stocks

Cryptocurrency exchange Bullish has filed for an initial public offering (IPO) in the United States, seeking to capitalize on increasing investor interest in digital assets during the Trump administration, according to the Financial Times. The company has submitted confidential paperwork to the Securities and Exchange Commission, allowing it to advance its listing plans while delaying

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Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps

Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps

Soneium, Sony’s entertainment-focused Layer 2 platform, has announced the launch of “Soneium For All,” a new developer program aimed at supporting blockchain developers in the Consumer and Gaming sectors. Building on its existing momentum of over 100 live decentralized applications (dApps), 7 million wallets, and up to 1.5 million transactions per day, the program addresses

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Bitcoin’s 0K Price Forecast ‘Conservative,’ Says Bernstein

Bitcoin’s $200K Price Forecast ‘Conservative,’ Says Bernstein

Bernstein reaffirmed its $200,000 Bitcoin price forecast, labeling it “high-conviction but conservative,” based on accelerating institutional investment and structural market evolution. The firm cites the success of spot bitcoin ETFs, which now manage approximately $120 billion in assets, as validation of BTC’s role as a mainstream macro asset. This institutionalization is viewed as a foundational

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Central African Republic to Launch Tokenized Land Sales on Solana

Central African Republic to Launch Tokenized Land Sales on Solana

The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana. President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not

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US Seizes Crypto and 145 Domains From Identity Theft Marketplace

US Seizes Crypto and 145 Domains From Identity Theft Marketplace

The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating

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Gemini Files for IPO, Eyes Public Listing Amid Growing Crypto Momentum

Gemini Files for IPO, Eyes Public Listing Amid Growing Crypto Momentum

Cryptocurrency exchange Gemini has taken a major step toward going public after submitting a document to kick-start the initial public offering (IPO) process. According to a June 6 statement, the company has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC). While details such as the number

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Listed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps

Listed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps

The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is

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Moscow Exchange Opens Bitcoin Futures to Select Investors

Moscow Exchange Opens Bitcoin Futures to Select Investors

Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin

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Bitcoin Craters to 0K as 7M in Crypto Positions Vanish

Bitcoin Craters to $100K as $837M in Crypto Positions Vanish

On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for

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