Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
Coinbase is set to delist four crypto tokens in June following protocol upgrades, reflecting its commitment to maintaining a secure and compliant trading environment. The affected tokens—Helium Mobile (MOBILE), Render
CLARITY Act aims to enhance transparency in the crypto market with bipartisan support. GENIUS Act is essential for CLARITY's progress, addressing technological impacts on finance. Continue Reading: The U.S. House Committee Tackles Crucial Crypto Legislation with CLARITY Act The post The U.S. House Committee Tackles Crucial Crypto Legislation with CLARITY Act appeared first on COINTURK NEWS .
The U.S. Securities and Exchange Commission (SEC) is intensifying its focus on decentralized finance (DeFi) with a dedicated roundtable scheduled for June 9th, signaling a pivotal moment in crypto regulation.
Uber’s CEO Dara Khosrowshahi has revealed the company’s strategic interest in leveraging stablecoins to streamline global financial settlements, aiming to reduce foreign exchange costs and accelerate cross-border transactions. This initiative
This week in crypto regulation, U.S. lawmakers and state officials drew attention across the digital asset sector with developments ranging from delayed disclosures and enforcement criticisms to landmark crypto-friendly legislation in California. The regulatory environment continues to evolve, sometimes sharply divided between federal hesitations and state-level innovation. Texas Congressman Slammed for Delayed Bitcoin Disclosure In a striking development, Texas Congressman Brandon Gill (R-TX) came under fire for failing to disclose his Bitcoin purchases in a timely manner . Congressman Brandon Gill (R-TX) is under fire for allegedly improperly disclosing recent Bitcoin transactions. #BrandonGill #DonaldTrump https://t.co/JbID89ntiW — Cryptonews.com (@cryptonews) June 3, 2025 According to a report from Open Secrets, Gill bought between $100,001 and $250,000 worth of Bitcoin on January 29 and February 27. However, the disclosures didn’t appear until May 30—well beyond the 45-day window mandated by the STOCK Act, which is designed to prevent insider trading by public officials. The freshman congressman’s failure to comply with basic transparency protocols has sparked criticism, particularly as lawmakers increasingly shape crypto policy. The delayed filings raise questions about oversight and ethical conduct amid the sector’s surging political relevance. Crypto advocates may see Gill’s holdings as a sign of growing interest within Congress, but his misstep shows the need for stricter accountability when digital assets enter the halls of power. SEC Chair Paul Atkins Calls Out Enforcement-First Approach Over in Washington, SEC Chair Paul Atkins delivered pointed remarks before the Senate Appropriations Subcommittee this week, criticizing the agency’s previous stance of “regulation-by-enforcement” toward crypto. BREAKING SEC Chairman Paul Atkins says his top priority is a clear, rational crypto regulatory framework —….. especially around custody & $XRP Clarity is coming. pic.twitter.com/30eyZLdwEg — 𝕏aif | (@Xaif_Crypto) June 3, 2025 Atkins argued that the former approach stifled innovation and inadvertently opened the door for fraudulent behavior to flourish. “Enforcement without clear rules sends the wrong message,” Atkins said, emphasizing the need for proactive, rules-based regulation. He also praised the SEC’s revamped Crypto Task Force, describing it as a key player in developing a more nuanced and transparent regulatory framework for digital assets. This shift in rhetoric from the SEC’s highest office marks a potential turning point in crypto regulation. For years, the agency’s ambiguous stance has frustrated industry players. Atkins’ testimony could pave the way for more constructive engagement with blockchain projects—if it results in real policy changes and not just regulatory lip service. California Leads With Progressive Crypto Legislation While federal agencies wrestle with regulatory philosophy and enforcement, California is pushing ahead with bold legislative moves that could redefine state-level crypto governance. The State Assembly passed Assembly Bill 1180 with unanimous support on June 2. The bill authorizes the Department of Financial Protection and Innovation (DFPI) to create a pilot program allowing state fees to be paid using digital financial assets. Assembly member Avelino Valencia, the bill’s sponsor, called the move “a turning point for public sector adoption of financial technologies.” This marks one of the most concrete steps by any U.S. state toward integrating crypto into official government operations. Should the bill progress into law, California could serve as a testing ground for broader crypto utility in public finance, potentially setting a template for others to follow. Hot on the heels of AB 1180, another bill —Assembly Bill 1052—also cleared the State Assembly in a 78-0 vote. AB 1052 seeks to modernize unclaimed property laws, particularly how dormant digital assets are handled. JUST IN : California Assembly passes bill to regulate Digital Assets under 'Unclaimed Property' law. The bill now moves to the Senate. Law explained: Assets left on an exchange for 3 years will transferred to the state, and can then be claimed by the owner. pic.twitter.com/u9XftO0XRy — Bitcoin Laws (@Bitcoin_Laws) June 4, 2025 If passed by the Senate, the law would prevent dormant crypto held by custodians (like exchanges) from being automatically liquidated. Instead, these assets would be safeguarded in their native form by a licensed custodian. This legislation specifically excludes self-custodied wallets from its reach, a key detail for privacy advocates and decentralization purists. Together, these two bills reflect a state legislature that understands the nuances of crypto and is willing to embrace its potential while mitigating risk. SEC Secures $1.1M Judgment in Crypto Fraud Case Elsewhere, the SEC notched a courtroom win against bad actors in the crypto space. A federal judge in Georgia issued a default judgment on June 3 against Keith Crews, who was accused of orchestrating a fraudulent crypto investment scheme. Crews failed to respond to the SEC’s lawsuit, resulting in a $1.1 million penalty that includes disgorged profits and civil fines. This case reinforces the agency’s ongoing commitment to enforcement, especially against blatant scams and fraudulent offerings. While Atkins may be steering the SEC away from broad, punitive enforcement as a policy default, this judgment shows that the agency won’t hesitate to act decisively against clear misconduct. State vs. Federal—A Diverging Path? This week’s developments present a revealing contrast. On one hand, California is emerging as a trailblazer in creating thoughtful crypto legislation, focusing on utility and protection. On the other, federal lawmakers continue to grapple with oversight lapses and internal tensions on how best to regulate the space. Congressman Gill’s disclosure mishap illustrates the regulatory gaps in the nation’s capital, while SEC Chair Atkins’ comments suggest a changing of the guard in federal crypto policy. Meanwhile, the SEC’s ongoing enforcement actions indicate that investor protection remains a top priority, even as the agency explores more collaborative approaches. The post Crypto Regulation Shake-Up: SEC Wins $1.1M Fraud Case as California Trials Bitcoin Fees appeared first on Cryptonews .
In crypto, timing often beats patience. Bitcoin Cash (BCH) continues its slow rise with peer-to-peer payment utility. Hedera (HBAR) is attracting attention due to possible integration with national infrastructure. Both projects promise long-term potential but rely on steady adoption and years of development. Meanwhile, BlockDAG is moving at full speed. Its X1 miner app now has over 1.5 million users, showing massive engagement ahead of mainnet. Anyone can earn BDAG on their phone with no hardware needed. This growth signals strong demand based on utility, not just market chatter. BlockDAG’s presale is what’s turning heads. The price is frozen at $0.0018 until June 13, offering a potential 2,678% profit. With over $289 million raised and 22 billion coins already sold, this project is seeing real traction. Unlike BCH and HBAR, which are building for the long term, BlockDAG is giving users a near-term window for major gains. BlockDAG’s Final Days of Double Up: Ends June 13 The countdown has begun. BlockDAG’s Double Up event ends on June 13, and this could be the most rewarding entry point of the year. With Batch 28 priced at $0.0262, this deal offers coins at $0.0018 and gives 50% more with each buy. That means if you buy $500 worth, you’ll receive an additional $250 in BDAG, doubling your total. More than $289 million has already come in, with 22 billion coins sold. Users are acting fast as the GO LIVE reveal nears. And the 2,520% gain since Batch 1 makes this presale one of 2025’s most discussed. BlockDAG’s miner app has passed 1.5 million downloads, with users mining directly from their phones. This makes it one of the largest mobile mining networks today. With over 20 exchanges coming soon, early users are not only entering at the lowest price but also gaining more BDAG before listings. The GO LIVE reveal is pushing momentum further. Bitcoin Cash Eyes Steady Gains Through 2030 Bitcoin Cash (BCH) continues to attract interest with its focus on usability for everyday payments. Its long-term strategy is built around speed and scalability, which analysts believe will support slow but steady growth. Projections for BCH suggest a price of $320 to $500 by 2025. By 2030, some forecasts predict prices above $1,000. These figures depend on adoption levels and ongoing improvements to the network. BCH offers value for those who want gradual growth. While short-term volatility exists, the use case around peer payments supports its outlook. The crypto’s slow rise aligns with users who prefer stability and functionality. Hedera Could Rise on Government Use Cases Hedera (HBAR) is gaining ground for its appeal to governments. Its fast speed, low power use, and secure framework make it ideal for identity systems, voting, and land records. Government use could create real demand, as HBAR would be needed for each transaction. Some nations might also hold HBAR in their reserves, which would cut supply and increase scarcity. This could boost HBAR’s appeal further. After its collaboration with Saudi Arabia, HBAR’s price jumped by 15%. If more nations follow, long-term demand could rise sharply. HBAR has potential if governments commit to using its tech for public services. Key Insights BCH and HBAR both show promise over the years, but they don’t match the short-term strength BlockDAG is showing now. The Double Up deal, ending June 13, gives buyers a rare chance to get extra coins at a very low price. With $289 million raised and the GO LIVE reveal approaching, BlockDAG is delivering progress in real time. The clear entry terms, price lock at $0.0018, and 50% bonus stand out in a space where delays are common. BCH and HBAR may shine later. But for anyone looking to act quickly, BlockDAG offers a real-time edge with high activity and real adoption already in motion. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG Hits $289M Presale as Bitcoin Cash and Hedera Focus on 2030 Gains with Slower Price Growth appeared first on TheCoinrise.com .
The XRP price action is drawing significant attention, as analysts highlight a distinct wave structure suggesting increased volatility ahead. According to technical patterns on the XRP chart, the cryptocurrency could soon face wild fluctuations on its potential path to retesting its all-time high and aiming for the $4 mark. XRP Wave Map Lays Out Path To A New ATH The XRP price is currently trading at $2.13 after enduring a months-long downtrend that has prevented any upward movement toward revisiting all-time highs. However, despite these momentum struggles, a certified crypto and Elliott Wave analyst, XForceGlobal, has boldly predicted on X (formerly Twitter) that XRP is on a clear path toward a $4 all-time high. Related Reading: XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target The analyst shared a detailed Elliott Wave chart of XRP, suggesting that while the digital asset is poised for a new ATH, it is also set to face significant volatility on its way to this price high. The chart illustrates a well-defined pattern of corrective and impulsive wave structures that signal both short-term turbulence and long-term bullish potential for XRP. XForceGlobal’s chart analysis begins by identifying a major correction that unfolded from XRP’s high in January through a low in April. This move is labeled with a complex wave formation, especially a double zigzag (W-X-Y), showing strong symmetry across multiple degrees of wave structures. Interestingly, the analyst notes that the precision of these wave structures aligns almost perfectly with classic Fibonacci extension levels on the way down, including the 61.8% and 100% retracements. This indicates that the corrective cycle followed a technically sound and predictable path, leading to the conclusion that the worst of the downtrend may be over, and XRP could be entering a new wave sequence with bullish implications. The chart analysis also highlights a critical accumulation zone marked between $1.84 and $2.25. This range coincides with Fibonacci Retracement thresholds and represents a crucial decision point in XRP’s price structure. Recently, XRP dipped into this zone and appears to be bouncing off it, potentially setting the stage for the next impulsive wave higher. Based on this setup, XForceGlobal forecasts an initial rally toward the $3.20 and $3.80 zone, followed by a short-term correction and then an eventual push toward a fresh ATH near $4 or higher. Analyst Predicts XRP Price In Next 3-6 Months A crypto market expert identified as ‘Steph is Crypto’ on X has declared that an XRP price explosion is imminent. The analyst shared a chart, predicting that the cryptocurrency could soon skyrocket to a jaw-dropping all-time high of $50. Related Reading: Crypto Analyst Says XRP Community Should Pay Attention To June 4-6, Here’s Why Notably, the chart indicates that this bullish projection will only occur after XRP crosses the $2.5 resistance threshold. From there, the path could see a steady ascent through $5, $10, and even $22, ultimately aiming for the ambitious $50 milestone. What’s even more striking is the timeline of this bullish forecast—— Steph predicts that XRP could achieve a $50 valuation within just 3 to 6 months. If realized, this would amount to an astonishing 2,280% increase from the current price of nearly $2.1 before the end of the year. Featured image from Getty Images, chart from Tradingview.com
Few crypto executives have the résumé of Vakhtang Abrahamyan: decades in central banking, now leading a global Web3 company. At Bitcoin 2025, we talked about Fastex’s expansion, RWA tokenization, exchange security, and more. An Interview With Vakhtang Abrahamyan I sat down with Fastex CEO Vakhtang Abrahamyan at the Bitcoin Conference 2025, this year in Las
BitcoinWorld X Polymarket Partnership: Unlocking Clarity with Decentralized Prediction Markets In a move set to potentially reshape how we consume and verify information, social media giant X has announced a significant collaboration with Polymarket, a leading platform in the realm of decentralized prediction markets. This announcement has sent ripples through both the social media landscape and the cryptocurrency world, highlighting a growing intersection between mainstream platforms and innovative blockchain technology. The core idea behind this exciting X Polymarket Partnership centers on the unique ability of prediction markets to distill complex information into a clear, actionable signal: price. Understanding the X Polymarket Partnership The official word from X underscored the value proposition of prediction markets. Their statement, noting that “prediction markets deliver clarity through a single, powerful signal: price,” gets right to the heart of the matter. But what does this partnership actually entail? While the specifics of the integration are still unfolding, the collaboration suggests a move towards incorporating Polymarket’s prediction market functionality directly or indirectly within the X ecosystem. This could manifest in several ways: Displaying prediction market odds related to trending topics or news events directly within X feeds. Linking to specific Polymarket markets from relevant posts or discussions on X. Potentially allowing users to view or even participate in markets via a seamless integration layer. The goal appears to be leveraging the collective intelligence aggregated by prediction markets to provide users with a real-time, market-driven assessment of the probability of future events, offering an alternative or supplementary layer of information beyond traditional news sources or social media discourse. What Exactly Are Decentralized Prediction Markets? Before diving deeper into the implications of the X Polymarket Partnership , let’s clarify what Decentralized Prediction Markets are. At their core, prediction markets are platforms where users can trade contracts based on the outcome of future events. Think of it like betting, but instead of just winning money, the prices of the contracts traded reflect the crowd’s aggregated belief about the probability of that event occurring. For example, if there’s a market on whether ‘Candidate A will win the next election’, a contract for ‘Yes’ might trade at $0.70 and a contract for ‘No’ at $0.30. This price ($0.70) can be interpreted as the market believing there is a 70% probability that Candidate A will win. The ‘decentralized’ aspect is crucial here. Platforms like Polymarket operate on blockchain technology, which offers several advantages: Transparency: All trades and market data are recorded on an immutable ledger. Censorship Resistance: Decentralized platforms are typically harder for any single entity (including governments or corporations) to shut down or manipulate. Global Accessibility: Often accessible to anyone with an internet connection and cryptocurrency, regardless of geographical location (though regulatory restrictions can apply). Reduced Counterparty Risk: Smart contracts automate outcomes and payouts, reducing reliance on a central authority. This makes them distinct from traditional centralized betting or prediction platforms, aligning with a philosophy of open information and user empowerment that resonates with certain visions for the future of social media. The Rise of Crypto Prediction Markets The emergence and growth of Crypto Prediction Markets are closely tied to the broader development of decentralized finance (DeFi) and Web3. By utilizing cryptocurrencies (like stablecoins such as USDC, which Polymarket uses) for trading and settling markets, these platforms inherit the properties of blockchain technology. The events available for prediction on platforms like Polymarket are diverse, spanning politics, finance, sports, current events, and even crypto-specific outcomes. Users participate by buying shares in the outcome they believe will happen. If they are correct, their shares settle at a value (often $1), providing a return on their investment. If incorrect, their shares become worthless. The market mechanism, driven by supply and demand from participants putting real value on their beliefs, is what generates the ‘price signal’ X referred to. This signal is argued by proponents to be a powerful aggregator of dispersed information and a potentially more accurate predictor of outcomes than polls or expert opinions, as participants have a financial incentive to be correct. What Does the Polymarket X Integration Mean? The direct implications of the Polymarket X Integration are significant for both platforms and their users. For Polymarket, the partnership offers unprecedented exposure to X’s massive global user base. This could lead to a dramatic increase in liquidity, participation, and the creation of new markets, solidifying its position as a major player in the prediction market space. For X, the integration provides a novel feature that could differentiate it from competitors. In an era plagued by misinformation, integrating prediction markets could be seen as an attempt to introduce a market-based mechanism for evaluating the likelihood of reported events. It offers users a dynamic, real-time probability assessment generated by a global crowd with financial stakes. Consider these potential impacts: Enhanced Information Verification: While not a perfect oracle, a prediction market price provides a continuously updated, market-driven probability that can serve as a useful data point alongside news reports. Increased Engagement: Prediction markets are inherently engaging, offering users a way to test their knowledge and beliefs about future events with tangible outcomes. New Revenue Streams: While not explicitly stated, future models could involve X benefiting from increased activity driven by the integration. Broader Awareness of Crypto and DeFi: Exposing a mainstream audience to a platform like Polymarket could serve as a gateway for more people to understand and engage with decentralized applications and cryptocurrencies. This integration is more than just a simple link; it represents a philosophical alignment in using open systems and incentivized participation to process information. Navigating the Future of Prediction Markets on X Looking ahead, the Future of Prediction Markets , particularly on a platform as influential as X, presents both exciting possibilities and complex challenges. The potential to use prediction markets as a tool for aggregating collective intelligence on a global scale is immense. Imagine real-time market probabilities on everything from scientific breakthroughs and technological adoption rates to geopolitical events and cultural trends, all accessible within your social feed. However, integrating such a tool into a platform known for rapid information spread also requires careful consideration. Challenges include: Regulatory Scrutiny: Prediction markets operate in a complex legal gray area in many jurisdictions, particularly regarding whether they constitute gambling or financial instruments. Market Manipulation: Like any market, prediction markets can be susceptible to manipulation, especially if liquidity is low or incentives are misaligned. User Understanding: Educating a broad user base on how prediction markets work and how to interpret their signals accurately will be crucial. Integration Design: The user interface and experience need to be intuitive to avoid confusion and encourage responsible participation. The success and impact of this partnership will heavily depend on how these challenges are addressed. Will it genuinely lead to more clarity, or will it introduce new vectors for speculation and potential misinformation? Actionable Insights for the Curious If the prospect of participating in or observing this evolving landscape interests you, here are some actionable insights: Learn About Prediction Markets: Spend time understanding how they work, the concept of market efficiency, and how prices reflect probabilities. Resources from Polymarket and other platforms can be helpful. Understand the Crypto Aspect: Familiarize yourself with the basics of using cryptocurrencies and decentralized applications if you plan to participate financially. Start Small: If you decide to participate in markets, begin with small amounts to understand the mechanics without significant financial risk. Evaluate Information Critically: Remember that prediction market prices are just one signal. Combine them with other sources of information and apply critical thinking. Follow Developments Closely: Keep an eye on official announcements from X and Polymarket regarding the integration’s features and rollout. For developers and entrepreneurs, this partnership signals a growing openness to integrating decentralized protocols into mainstream applications, potentially opening doors for future innovations at the intersection of social media, finance, and information aggregation. Conclusion: A New Era for Information and Prediction? The partnership between X and Polymarket is a bold step that merges the vast reach of a global social media platform with the unique information-aggregating capabilities of decentralized prediction markets. By emphasizing the power of price as a signal for clarity, the collaboration aims to provide users with a novel tool for assessing the likelihood of future events. While challenges related to regulation, user education, and market integrity remain, the potential benefits – increased transparency, enhanced engagement, and a new model for information verification – are significant. This integration could well mark the beginning of a new era, demonstrating how Crypto Prediction Markets can move from niche applications to play a more prominent role in mainstream information ecosystems, shaping the Future of Prediction Markets and potentially how we collectively understand the world around us. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance and the future of prediction markets. This post X Polymarket Partnership: Unlocking Clarity with Decentralized Prediction Markets first appeared on BitcoinWorld and is written by Editorial Team