Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
A Bitcoin ETF lets you own Bitcoin’s price through an ordinary brokerage account, with no wallet, no keys, and no crypto exchange. But there are three different kinds, and they behave very differently. Here is the complete guide to what they are, how they work, and which one fits. Summary Spot Bitcoin ETFs hold actual Bitcoin and offer the closest tracking to the cryptocurrency’s market price. Futures Bitcoin ETFs rely on derivative contracts, while income ETFs generate yield by selling options and sacrificing part of Bitcoin’s upside potential. Bitcoin ETFs simplify access through traditional brokerage accounts but investors give up…
Bittensor’s TAO token has fallen nearly 20% from its June 15 peak after governance concerns, derivatives liquidations, and a risk-off macro backdrop combined to erase much of last week’s rally. Summary TAO has fallen nearly 20% from its June 15 high as governance concerns and liquidations hit sentiment. Criticism of the Root Reborn proposal has raised questions about validator power, liquidity, and regulation. Technical indicators show sellers remain in control, with $220 acting as a key near-term support level. According to data from crypto.news, Bittensor (TAO) price dropped 4.3% in the last 24 hours to trade near $225 on June…
Hyperliquid has retreated more than 13% from its record high after a wave of profit-taking hit HYPE, while traders assess whether a newly formed double-top pattern could trigger a deeper correction. Summary HYPE has dropped more than 12% from its $76.70 all-time high as profit-taking accelerates. A double-top pattern on the 4-hour chart puts key support levels near $65 and $62 in focus. Liquidation clusters between $70 and $72 could fuel volatility as traders battle for direction. According to data from crypto.news, Hyperliquid (HYPE) price fell to an intraday low near $65.7 on June 19, extending losses from its June…
Goldman Sachs has cut its year-end gold forecast by $500 an ounce, lowering its target to $4,900 from $5,400. Summary Goldman cut its year-end gold target to $4,900 as expected Fed rate cuts faded further. Gold remains above current levels in Goldman’s outlook, but near-term risks now look weaker overall. Higher rates can pressure Bitcoin and gold by keeping cash and bonds more attractive longer. According to Bloomberg, the bank still expects gold to rise from current levels, but it now sees a smaller move than before. The revision comes as Goldman no longer expects the Federal Reserve to cut…
Strive CEO Matt Cole said digital credit saw its hardest session yet after sharp moves in STRC and SATA. Summary Cole said STRC and SATA fell on forced selling, not weaker credit quality. STRC dropped to $82.50 while SATA fell to low $90s before recovering intraday on Friday. Strive says reserves remain intact as digital credit investors review leverage and liquidity risks. In a post on X, Cole said it was “the most difficult day in the history of Digital Credit.” STRC fell as low as $82.50 before recovering, according to Cole. SATA also dropped from par to the low…
Former Ethereum Foundation contributor Trent Van Epps has warned that Ethereum could face a core development funding gap within the next three to nine months. Summary Van Epps says Ethereum core development may need about $30 million yearly to remain stable. He links the pressure to EF spending cuts and the Client Incentive Program’s expiry now. Protocol Guild and new institutions are presented as possible routes for future Ethereum support funding. In a new article, he said the network may enter a “slow-burning funding crisis” as the Foundation reduces spending and a major client funding program ends. Van Epps worked…
Wealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new partnership with Kalshi. Summary Wealthsimple will launch a prediction markets app in Canada with access to about 4,000 Kalshi contracts. Kalshi’s crypto perpetual futures platform generated more than $5.5 billion in volume within two weeks. Regulatory and legal battles over prediction markets continue to intensify across the U.S. and several international jurisdictions. According to Wealthsimple, the company plans to launch a standalone prediction markets platform called Wealthsimple Predict this summer, giving Canadian investors access to thousands of contracts…
Ireland has identified crypto assets as a “very significant” money laundering and terrorism financing risk and has committed to introducing industry standards governing crypto-related sources of funds by the second half of 2027. Summary Ireland has classified crypto assets as a major money laundering and terrorism financing risk in its latest assessment. Authorities plan to introduce new standards for crypto-related sources of funds by the second half of 2027. The report comes as regulators worldwide tighten oversight of digital asset firms and compliance controls. According to Ireland’s Department of Finance, the policy forms part of an implementation plan released alongside…
Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. Summary Malta’s MFSA has proposed a new “software-based organization” category that would include DAOs and other DeFi entities. The regulator said many DeFi projects may not qualify as fully decentralized under MiCA due to concentrated governance. The consultation comes as EU regulators review DeFi oversight ahead of MiCA’s July 1, 2026, enforcement deadline. According to a discussion paper published by the Malta Financial Services Authority on June 12, the…
Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. Summary Morgan Stanley amended its Ethereum and Solana ETF filings to include staking and a 0.14% annual fee. The proposed structure would keep 95% of staking rewards inside the trusts, with 5% paid to service providers. Ethereum filing data shows a 3.64 million ETH validator queue, implying a staking activation wait of about 63 days. According to amended S-1 registration statements filed by Morgan Stanley, both…