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The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds.The FCA floated the idea in a quarterly consultation paper on Friday, which would allow retail-focused funds called undertakings for collective investment in transferable securities, or UCITS funds, and some non-UCITS funds to gain exposure to crypto.The regulator said it wanted authorized funds to “remain contemporary and consistent with the demands of investors” while ensuring consumers “are adequately protected and markets function well.”The proposal seeks to align rules on…

Bitmine owns 4.59% of the total ETH coin supply of 120.7 million Bitmine is 92% 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 $7.7 billion at $1,630 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 $88 million of Eightco (NASDAQ: ORBS), now one…

Abu Dhabi, UAE, June 8th, 2026, Chainwire Global game jam MapleStory Vibe Camp offers US$60,000 in NXPC prizes as builders gain access to official MapleStory Universe resources in conjunction with Verse8 MapleStory Universe (MSU), the blockchain-powered expansion of Nexon’s iconic MapleStory franchise, today announced the launch of MapleStory Vibe Camp, a global builder competition inviting users to create original games and experiences using official MapleStory Universe resources. The campaign coincides with the opening of MSU Space, a dedicated builder hub developed in collaboration with AI-powered game creation platform Verse8. Running from June 8 to June 29, MapleStory Vibe Camp offers…

DUBAI, UAE, June 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services‘ xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering. The launch marks a fundamental step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset…

In brief Zcash plummeted in price following the disclosure of a critical, four-year-old vulnerability. Because of Zcash’s privacy features, the bug’s scope couldn’t definitively be determined in terms of counterfeit coins. Some said tradeoffs between privacy and auditability are “part of the deal,” pointing to bugs patched in years past. Shielding funds from prying eyes has long been Zcash’s forte, but investors’ unease on Friday indicated that the privacy coin’s core feature can also resemble an Achilles’ heel.Following the disclosure of a bug that had the potential to unleash a wave of counterfeit coins, Zcash tanked to its lowest point…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Bitcoin is struggling as the price tests $62,000 as support — a level that would represent a significant extension of the correction from the cycle highs and a test of the structural foundation that bulls have been pointing to throughout the decline. The weakness is real and the selling pressure is persistent — and XWIN Research Japan has published an analysis that cuts through the competing macro narratives to identify what the on-chain data suggests is the actual driver of the current correction. Related Reading The explanations circulating in the market range from geopolitical tensions to Federal Reserve policy to…

Key takeaways:Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum TVL.Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper price correction, given weakness in ETH derivatives metrics and heightened risk after a bug was found in the Zcash blockchain.ETH perpetual futures annualized funding rate. Source: LaevitasThe Ether futures annualized funding rate flipped negative on Friday, indicating increased demand for short…

A cryptocurrency analyst has pointed out how Dogecoin has returned to the support level of a Parallel Channel following the latest market decline. Dogecoin Is Potentially Following A Parallel Channel In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently trading with respect to a Parallel Channel. This type of technical analysis (TA) pattern forms whenever an asset moves between two parallel trendlines. The upper level of the channel can act as a source of resistance, while the lower can provide support. Together, the trendlines keep the price locked between them. If either of…

Is bitcoin close to a bottom or is there more pain ahead for investors? Bitcoin’s recent crash began with a violent rejection at $82,000 that drove it south to $59,000 on Friday, which became its lowest price tag since before the US presidential elections in November 2024. Following such a painful decline, the asset has dropped into a critical zone where long-term indicators and historical patterns begin to converge. Perhaps that’s why many analysts have started to debate whether the bottom is just around the corner or another leg down could be in the making. The Rainbow Chart Popular analyst…