Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour

Bitcoin’s sudden slide below $68,000 on June 2 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move.Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since April. The decline pushed the largest digital asset through levels traders had been watching after several sessions of weakening momentum.The move sprea

Charles Schwab Targets 2027 Crypto Trading and Custody Launch for Financial Advisors

Charles Schwab is preparing to offer crypto spot trading and custody services to financial advisors by mid-2027. The move would give advisory clients a regulated way to buy, sell, and hold digital assets through one of the largest U.S. brokerage platforms. Charles Schwab Prepares Regulated Crypto Access for Advisory Clients Charles Schwab is laying the […]

Virtu Financial Ireland Gets MiCA Approval and CASP License for EU Crypto Services

Virtu Financial Incsaid its Irish subsidiary has received regulatory approval under the EuropeanUnion’s Markets in Crypto-Assets framework, allowing it to operate crypto-assetservices across all 27 EU member states.The authorization wasgranted to Virtu Financial Ireland Limited. It enables the firm to provideregulated digital asset services, including trading and liquidity provision,under a single EU-wide framework. The approval covers institutional andprofessional clients across the bloc.CASP L

NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned

A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property. The Move Noah Doe Likely Did Not Expect Galaxy Research […]

Why a $150M Polymarket bet could pay the side that appeared to lose

A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings.The dispute centers on a fundamental disconnect between when an event occurs and when it is publicly disclosed, exposing structural flaws in how decentralized prediction markets resolve multibillion-dollar wagers. Bettors are now locked in a bitter dispute over a t

Bitcoin extends losses below $69K as Fed’s Hammack warns sticky inflation may force rate hike

<p>Rising interest rates could dampen investment in cryptocurrencies, impacting market stability and investor confidence.</p><p>The post <a href="https://cryptobriefing.com/bitcoin-sinks-below-69k-feds-hammack-warns-sticky-inflation-force-rate-hike/">Bitcoin extends losses below $69K as Fed&#8217;s Hammack warns sticky inflation may force rate hike</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Key Reasons Behind Bitcoin Price Breakdown Below $70k

With today’s drop of 3.3%, the Bitcoin price breaks below $70,000 and triggers $270 million in long liquidation.Spot Bitcoin ETFs witnessed an 11-session streak of net outflows, removing approximately $3.45 billion from the market.Renewed wallet activity linked to the Mt. Gox bankruptcy estate revived concerns about potential creditor distributions and additional Bitcoin entering circulation.Bitcoin, the largest cryptocurrency by market capitalization, plunged 3.3% before the opening bell in the

Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet

A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager [&#8230;]

60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin

Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run [&#8230;]

Securitize Launches Private Credit Fund on TRON Blockchain

PRESS RELEASE. Miami, Florida – June 2, 2026 – Securitize, the leading platform for tokenizing real-world assets – and which has announced a proposed business combination with Cantor Equity Partners II (Nasdaq: CEPT)* &#8212; today announced that Hamilton Lane (Nasdaq: HLNE)’s tokenized Senior Credit Opportunities Fund (“HLSCOPE”) is now launching on the TRON blockchain, expanding [&#8230;]

Prediction markets go institutional as Galaxy Digital moves event trading to the OTC swap market

Galaxy Digital has launched a swap dealer arm to give institutional clients bilateral access to event-driven contracts, a structure that bypasses public prediction exchanges entirely.The headline transaction is a $10 million OTC event swap between Galaxy and crypto hedge fund Arca, tied to the passage of a major U.S. crypto bill. That single trade is nearly five times larger than the comparable contract listed on Kalshi.Crypto finance conglomerate Galaxy Digital has launched a trading desk to o

Securitize debuts first onchain private credit fund on TRON

<p>The launch signifies a shift towards a more integrated global financial system, enhancing access to private markets via blockchain technology.</p><p>The post <a href="https://cryptobriefing.com/hamilton-lane-tokenized-fund-tron/">Securitize debuts first onchain private credit fund on TRON</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

ampersend and TRM Labs launch real-time compliance screening for AI agents

<p>The integration of real-time compliance screening in AI transactions enhances security, fostering broader enterprise adoption of autonomous commerce.</p><p>The post <a href="https://cryptobriefing.com/ampersend-trm-labs-ai-compliance-screening-enterprise/">ampersend and TRM Labs launch real-time compliance screening for AI agents</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Mt Gox Moves $953 Million in Bitcoin After Eight-Month Pause

The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, [&#8230;]

Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC

<p>Strive's Bitcoin acquisition strategy enhances its market position, potentially influencing corporate treasury trends and cryptocurrency adoption.</p><p>The post <a href="https://cryptobriefing.com/strive-buys-2500-bitcoin-185-million-holdings-top-19000-btc/">Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls

At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move.This is due to a long chain of cause and effect, where a cooling jobs market gives policymakers room to lower rates, softens the dollar, and pulls capital toward riskier assets, while a hot one keeps the case for elev

Announcing the Winners of The Trading Awards Africa 2026

The wait is over, and the traders have spoken. The Trading Awards exists to measure one thing: the collective trust of the active trading community. Unlike other industry recognitions, these results are not decided behind closed doors. They are determined entirely by the people who rely on these platforms with real capital on the line. Earning a win here means a brand has consistently delivered on execution, reliability, and support.This year’s public voting round saw incredible engagement, and

AFC-LIVE Launches New Digital Platform to Expand Access to Global Markets

After five decades in financial markets, AFC-LIVE is entering a new phase of growth with the launch of its new website, a platform designed to make global investing more accessible across the Middle East, Africa, and South Asia.For new audiences, the website introduces AFC-LIVE as a trusted, full-service financial partner. For existing clients, particularly in Lebanon, it reflects a clear step forward: a company evolving its offering while staying grounded in experience.Built for Today’s Investo

Galaxy launches OTC prediction markets desk for institutional investors

<p>Galaxy's new OTC prediction markets desk could reshape institutional risk management by integrating event-driven strategies with broader asset hedging.</p><p>The post <a href="https://cryptobriefing.com/galaxy-digital-launches-otc-derivatives-desk-prediction-market/">Galaxy launches OTC prediction markets desk for institutional investors</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>