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The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the agency’s allegations.The CFTC said on Wednesday that it scrapped the policy, first adopted in 1998, because it “may have created an incorrect impression that the Commission is trying to shield itself from criticism.”The language was similar to that provided by the US Securities and Exchange Commission when it rescinded a similar policy in May. “For nearly three decades, the Commission has refused to settle cases unless the defendant promised not to publicly deny the Commission’s allegations,” CFTC…
Bitcoin briefly plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours as a wave of forced selling accelerated the market’s steepest decline in months.More than 208,000 traders were liquidated across crypto markets, according to CoinGlass data, with bitcoin accounting for over $800 million of the losses and ether another $386 million.The liquidation wave coincided with continued weakness in institutional demand. Investors have pulled approximately $1 billion from U.S. spot bitcoin ETFs this week, according to SoSoValue data, extending the funds’ record streak of net outflows.Presto Research argued…
Bitmine Immersion Technologies Announces Proposed Series A Perpetual Preferred Stock Offering
NORWALK, Conn., June 4, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (“BMNR,” “Bitmine” or the “Company”) today announced that, subject to market and other conditions, it intends to offer, in a public offering (the “offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), 3,000,000 shares of BMNR’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”). BMNR intends to use the net proceeds from the offering for general corporate purposes, which may include the acquisition of additional ETH and other digital assets; the expansion of the Company’s staking and validator infrastructure, including…
Mahe, Seychelles, June 3rd, 2026, Chainwire Whale.io is excited to announce the official the launch of Whale Printer, an on-platform staking system for the native $WHALE token. The feature enables eligible token holders to lock $WHALE for fixed periods in exchange for predetermined token rewards. The staking system is structured around three lock-up periods, each associated with a fixed multiplier and corresponding annual percentage yield (APY): $WHALE Staking Yields Whale Printer offers three straightforward lock periods with impressive returns: 90 days (1.2x multiplier) — 107.8% APY 180 days (1.5x multiplier) — 129% APY 365 days (3x multiplier) — 200% APY…
Mexico City, Mexico, June 3rd, 2026, PlayNewswire The international crypto entertainment platform 1win has announced the addition of Ilia Topuria to its VIP community. The signing of the contract with the fighter became publicly known on June 2, 2026. Topuria becomes a new member of the global 1win VIP Community, the brand’s exclusive project that brings together prominent figures from sports, music, and entertainment industries. One of the most dominant fighters of his generation, Topuria remains undefeated with a professional MMA record of 17 wins and 0 losses. His excellence in sport will become a unique asset and source of…
Dubai, United Arab Emirates, June 2nd, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently introduced a new order type optimized for larger trades. Percentage of Volume (POV) Order on Bybit Futures, an advanced algorithmic execution tool designed for traders managing large positions in volatile markets. Protecting Trading Intent to Reduce Slippage Bybit POV Order automatically splits large orders into smaller sub-orders, pacing execution in proportion to real-time market activity. When market volume accelerates, execution follows. When liquidity thins, the pace adjusts accordingly. Traders benefit from a controlled, adaptive approach to order placement that reduces market…
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.42 Million Tokens, And Total Crypto And Total Cash Holdings Of $11.6 Billion
Bitmine owns 4.49% of the total ETH coin supply of 120.7 million Bitmine is 90% of the way to the ‘Alchemy of 5%’ in just 11 months Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine has 4,718,677 staked ETH, representing $9.5 billion at $2,003 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience Bitmine owns $93 million of Eightco, now one of the…
This analyst thinks that now may not be the time to turn bullish or buy Bitcoin. Bitcoin (BTC) has remained under pressure over the past week, falling from around $77,000 to approximately $73,140. The crypto asset experienced several sharp declines during the period, including a notable drop near $72,600 on May 28. The latest price action suggests that the bear market remains unfinished and that deeper losses may lie ahead before recovery begins. ‘Stage 5 Is Coming’ In his latest weekly report, Doctor Profit said the market’s broader structure has not changed and that Bitcoin is still progressing through the…
Putting real-world investments onchain, a process called tokenization, is moving out of the testing phase and into everyday business.Citi’s new report Tokenization 2030: Wall Street On-Chain shared with CoinDesk ahead of Proof of Talk in Paris, shows that the global market for thse digital investments sits at just $17 billion today.However, Citi expects this market to increase to $5.5 trillion by 2030 in its base forecast. Depending on how fast adoption take place, that could land anywhere from a low end estimate of $2.7 trillion to a bullish forecast of $8.2 trillion, Citi said.As the report points out, this is…
XRP slid to its weakest level in more than three months as heavy selling overpowered signs of exchange outflows, leaving the market stuck between two competing signals. Tokens moving off exchanges usually point to accumulation, but price action is saying sellers still have control whenever XRP tries to recover.News Background• More than 25 million XRP left exchanges after a large inflow earlier in the week, suggesting some investors used the drop to move tokens into longer-term storage.• Spot XRP ETFs recorded fresh inflows, bringing cumulative flows to about $1.42 billion, though that demand has not yet been enough to reverse…
