June 16, 2026
Crypto

Bitcoin price tumbles after Trump orders military response to Iran

Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell to an intraday low of $60,892 after Trump ordered a military response against Iran. More

Read More
Bitcoin

XRP Ripple Ledger 3.2.0 Upgrade Targets June 15 and What it Means for XRP

XRP Ripple Ledger 3.2.0 is targeting a June 15 release, bringing two headline changes: the core server software is renamed from rippled to XRPLD, and the upgrade promises 30–40% lower memory usage across network nodes. XRPL Operations announced the update on June 4, describing it as a transition that will require infrastructure operators to update

Read More
Crypto

Crypto tax bills draw scrutiny as House hearing opens debate

A House tax package for digital assets has drawn questions from lawmakers during an early committee hearing. The Ways and Means Committee reviewed bills meant to reduce crypto tax filing burdens. Summary House lawmakers reviewed crypto tax bills meant to reduce filing burdens for digital asset users, investors, and brokers. Democrats raised concerns that proposed

Read More
Bitcoin

Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market

Securitize CEO Carlos Domingo said he believes tokenized equities and ETFs, not private credit or Treasury products, will be the asset class that ultimately drives the real-world asset (RWA) market into the trillions. Speaking at a ETHConf panel in New York on Tuesday, Domingo argued that bringing stocks and exchange-traded funds onchain could unlock a

Read More
Crypto

Token of Power exploit drains $1.58M from Balancer pool

Token of Power suffered an exploit on Tuesday that drained more than $1.5 million from its liquidity pool. On-chain firms Blockaid, PeckShield, and Cyvers flagged the incident in posts on X. Token of Power lost 944.2 WETH, worth about $1.58 million, from its TOP/WETH Balancer V1 pool. Blockaid described the incident as a governance-takeover attack,

Read More
Ethereum

Uniswap brings token launch auctions and price discovery to Base

CCA runs fully on-chain auctions that clear bids block by block for gradual price discovery. After auctions end, liquidity is automatically added to a Uniswap v4 pool at the final cleared price. The model aims to reduce sniping, front-running, and bundled transactions during token launches. Uniswap has rolled out its Continuous Clearing Auctions (CCA) feature

Read More
Crypto

Wall Street abandons rate-cut hopes ahead of Kevin Warsh’s first FOMC

Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. Summary Most Wall Street economists now expect the Fed to keep rates at 3.50%-3.75% through the end of 2026. Rising inflation expectations and Middle

Read More
Ethereum

Ethereum price analysis: ETH tests local bottom amid a possible trend reversal

Ethereum (ETH) is stabilising near $1,800–$1,900 after a prolonged sell-off. Whale accumulation and falling leverage hint at reduced downside risk. Strong fundamentals support a potential shift from decline to consolidation. Ethereum (ETH) is showing early signs of stabilisation after weeks of steady downside pressure. The price has been trading near the $1,800–$1,900 zone, an area

Read More
Bitcoin

Traditional Finance Is Rushing Into Crypto As Institutions Buy Bitcoin’s Dip: Axios

Traditional financial institutions are shedding their skepticism toward crypto, and the shift is accelerating in 2026. Banks, brokerages, and exchanges are racing to offer crypto products as demand from retail investors, institutions, and wealthy clients reaches a tipping point.  David Ripley, co-CEO of crypto exchange Kraken, told Axios that “nearly all traditional financial services companies

Read More
Crypto

Paradigm challenges FDIC over controversial stablecoin yield ban

Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins. Summary Paradigm urged the FDIC not to extend the GENIUS Act’s stablecoin yield ban to third-party firms such as exchanges and wallet providers. The

Read More