Author: James Wilson

CFTC Chair Michael Selig has defended crypto perpetual futures while stressing they are not suitable for agricultural markets, as regulated crypto perps continue expanding across U.S. venues. Summary Michael Selig said crypto perpetual futures are not a natural fit for agricultural markets that rely on physical delivery. The CFTC and SEC have launched a joint review of swap definitions that could affect how crypto perpetuals are regulated. CBOE is evaluating crypto perpetual futures after Kalshi’s products generated more than $8.5 billion in trading volume. According to remarks delivered by Selig at the American Cotton Shippers Association Annual Convention on Tuesday,…

Zcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO. Summary Fortitude will go public through an all-stock merger with Nasdaq-listed HeartSciences. HeartSciences shares surged as much as 91% after the transaction was announced. The deal comes as renewed attention on Zcash boosts interest in privacy-focused crypto firms. According to a joint announcement released Tuesday, Fortitude and HeartSciences have agreed to combine in a deal that will leave Fortitude’s management team in control of the…

Ric Edelman has predicted that up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law. Summary Ric Edelman said up to 95% of institutions without crypto exposure could invest if the CLARITY Act becomes law. Edelman identified regulatory certainty as the main factor preventing larger institutional crypto allocations. The CLARITY Act faces Senate scrutiny as critics raise concerns about anti-money laundering safeguards in DeFi provisions. In a recent interview, Edelman said the disconnect between crypto prices and industry activity has become increasingly noticeable as large financial firms continue expanding their blockchain and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CoinsPaid highlights shared values of reliability and precision following a Le Mans podium finish. Summary Le Mans endurance racing mirrors crypto payments: success depends on trust, reliability, and performance under pressure. Coinspaid draws parallels between Le Mans racing and crypto infrastructure, highlighting consistency, teamwork, and trust. Endurance racing at Le Mans reflects crypto payment systems where reliability and precision matter more than speed alone. In motorsport, success is rarely about speed alone. The same principle applies to financial infrastructure.…

Worldcoin has fallen nearly 12% while Robinhood has added the token to its trading platform, bringing fresh attention to the project as allegations linked to co-founder Sam Altman continue to weigh on sentiment. Summary Robinhood has added Worldcoin to its crypto trading platform as WLD falls nearly 12%. Allegations involving Sam Altman-linked Orb have added fresh pressure on investor sentiment. WLD is testing key support near $0.53 ahead of a planned reduction in token unlocks next month. According to a June 23 X announcement by Robinhood, users of the brokerage platform can now trade Worldcoin (WLD), giving the token exposure…

SpaceX stock has remained under pressure after Susquehanna initiated coverage with a $170 price target while warning that the company’s valuation depends on aggressive growth assumptions. Summary Susquehanna initiated SpaceX coverage with a neutral rating and a $170 price target. The brokerage warned that the stock’s valuation relies on aggressive revenue and EBITDA growth forecasts. Peter Schiff flagged a potential surge in share supply, while ARK Invest continued buying the recent dip. According to a research note from Susquehanna, the brokerage assigned SpaceX a neutral rating and set a $170 target for the stock as shares continue trading below their…

Kalshi has added India to its list of restricted jurisdictions, preventing residents from accessing the U.S.-based prediction market platform, based on an updated members’ agreement published on Wednesday. Summary Kalshi has added India to its list of restricted jurisdictions, preventing local residents from accessing the prediction market platform. The move follows India’s April advisory targeting prediction market websites and comes weeks after authorities blocked access to Polymarket. Sports and political prediction contracts continue to face regulatory scrutiny as multiple countries and U.S. states move against platforms such as Kalshi and Polymarket. The revised document includes 55 restricted jurisdictions and now…

A stablecoin is a crypto token built to hold a fixed value, almost always one US dollar. That simple idea now moves more money each year than some card networks, and it sits underneath nearly everything else in crypto. Summary Stablecoins are crypto tokens designed to maintain a fixed value, usually $1, and have become a core part of global crypto trading, payments, and settlements. Most leading stablecoins, including USDT and USDC, maintain their peg through cash and U.S. Treasury reserves that back tokens in circulation. New regulations in the U.S. and Europe have tightened reserve, disclosure, and audit requirements,…

Hut 8 has agreed to pay $2.35 million to settle a securities class action tied to its 2023 all-stock merger with U.S. Bitcoin Corp.  Summary Hut 8 agreed to a $2.35 million settlement while denying liability in merger-related investor litigation. Investors alleged USBTC’s King Mountain site had energy and internet issues before the 2023 merger. crypto.news reports Bitcoin miners are moving toward AI and HPC as mining margins tighten industrywide. The proposed settlement was filed in the U.S. District Court for the Southern District of New York and still needs court approval. The case covered investors who bought or acquired…

A redemption that used to take days cleared in about five seconds. The names in the room matter more than the speed, and the question for XRP holders is where the token actually sits in the flow. Summary JPMorgan, Mastercard, Ondo, and Ripple tested tokenized Treasury redemption on the XRP Ledger. The settlement speed matters, but the institutional names matter more. XRP was not the asset being redeemed, but it can sit in fees, reserves, and routing. The long-term signal is utility; the near-term question is whether volume follows. On June 12, JPMorgan, Mastercard, Ondo Finance, and Ripple completed a…