China’s Regulation 42 forces Tether to kill its CNHT stablecoin
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story. Source link
Coinbase
Crypto
Neura Closes Strategic Funding Round and Partnerships to Build Emotional AI with Persistent, User-Owned Memory
[PRESS RELEASE – Tokyo, Japan, June 9th, 2026] Joined by partners and investors including Animoca Brands, Basics Capital, TBV, Kinetic Kollective, Mario Nawfal, and Grammy-winning artist Ne-Yo, Neura is building the missing layer of AI: empathy and memory. Neura, the protocol building the world’s first Emotional AI Economy, today announced the close of a strategic
Crypto
Morpho raises $175M at $2B valuation for institutional DeFi push
Morpho Association has raised $175 million in one of decentralized finance’s largest funding rounds. Summary Morpho raised $175 million from investors as institutional demand for onchain credit infrastructure expands globally. Morpho’s official announcement highlighted plans to expand its open credit network through deeper institutional integrations. Coinbase, Kraken, Anchorage and Galaxy already use Morpho across lending,
Tech & AI
How an e-scooter founder raised $5 million to build space data centers
Here’s one metric for tracking SpaceX’s IPO later this week: The company has changed the venture industry’s perspective on long-term, capital-intensive space so much that a talented founder with no space experience can fund a space data center company. Orbital, a new firm that emerged in May from a16z’s startup accelerator program Speedrun with a
Bitcoin
Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount
Key Takeaways Coinbase’s John D’Agostino says institutions that bought bitcoin near $125,000 want it even more around $60,000. He points to UAE family offices and sovereign wealth funds buying the dip after bitcoin’s drop to a 2026 low of $59,100. D’Agostino has repeatedly painted bitcoin as a gold-style macro hedge, citing resilient ETF ownership despite
Coinbase
Chinese banks freeze accounts over crypto memos
Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen. Source link
Crypto
From SEC Crypto Lawsuit to S&P 500: How Coinbase Won Its Three-Year Regulatory War
In SEC crypto news, we’re taking a look at May 19, 2025, when Coinbase became the first crypto-native company ever admitted to the S&P 500, the same index that tracks trillions of dollars in passive investment and sits inside millions of American retirement accounts. COIN stock had already surged roughly 24% on the day of
Crypto
BTC, ETH, and XRP Flash Buy Signals After Market Sell-Off: Santiment
Cardano showed the deepest negative reading, placing it in a stronger historical accumulation zone by MVRV standards. During the recent market sell-off, several major crypto assets fell into historic “buy zones,” as indicated by their 30-day MVRV metric, which flashed signals seen in other cycles, according to on-chain analytics firm Santiment. The firm added
Bitcoin
Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even
Key Takeaways Bitcoin hit a 2026 low of $59,100 last Friday, sending its market cap below $1.2 trillion for the first time since Oct. 2024. Capriole’s Charles Edwards pegs bitcoin’s electrical-cost floor at $50,000 as spot prices test the production cost. Miner profitability has slumped to a 14-month low, pushing weaker rigs toward shutdown territory.
Coinbase
US margin debt reached all-time highs as crypto lost $2 trillion
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income. Source link