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The US has moved to seize more than $7.7m in crypto allegedly earned through a covert network of North Korean IT workers posing as foreign freelancers and funneling their income back to the North Korean government. In a civil forfeiture complaint filed Thursday in the District Court for the District of Columbia, the Department of…

A public fallout between Donald Trump and Elon Musk has rattled financial markets, sending Tesla stock tumbling and dragging the crypto sector into a broad risk-off retreat. The rift came to a head on June 5 during a White House meeting with the German chancellor, where Trump voiced his displeasure with Musk, who until recently…

James Wynn, a pseudonymous crypto trader who rose to online fame for turning meme coin bets into millions, has revealed he lost $100m in a matter of days after an aggressive string of leveraged trades on Hyperliquid. Wynn, who first gained attention for turning a $7,000 position in the meme coin PEPE into over $25m,…

US market maker Citadel Securities is considering expanding into crypto trading this year, once clear SEC regulations are in place. Citadel President Jim Esposito is confident that the asset class has surpassed the “point of no return.” Speaking at a Piper Sandler conference on Thursday, he said that institutional investors are taking crypto seriously. “Crypto…

Silver has experienced a significant breakout, decisively surpassing its previous high from October 2024. This signals the start of the next upward leg in its price trajectory. From the last notable low on April 7, 2025, the rally has been unfolding as an impulsive wave with an extended structure, often referred to as a “nest.”…

The VanEck Vectors Junior Gold Miners ETF (GDXJ) is an exchange-traded fund designed to provide investors with exposure to small- and mid-cap companies in the gold and silver mining industry, often referred to as “junior” miners. Launched on November 10, 2009, and managed by VanEck, GDXJ seeks to replicate the performance of the MVIS Global…

Congressman Bill Huizenga (R-MI) said digital assets are “the future” while discussing potential crypto policy during a key House Financial Services Committee hearing on Wednesday. HFSC Holds Critical Crypto Hearing Amid Policy Talks Titled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” the June 4 hearing widely focused on…

The South Korean parliament could soon approve a draft tokenized securities bill, finally giving domestic firms the right to launch blockchain technology-powered coins tied to real estate, raw materials, livestock, and copyrighted works. According to the South Korean news agency Yonhap, two bills that propose institutionalizing tokenized securities are pending before the National Assembly’s Political…

Bitcoin began June on a shaky note as institutional interest in Bitcoin ETFs experienced their first quarterly contraction since the launch of spot products in the U.S. According to CoinShares, institutional Bitcoin holdings shrank from $27.4 billion in Q4 2024 to $21.2 billion in Q1 2025, a 23% decline. While the report attributes much of…

Solana (SOL) has come under renewed pressure, with its price dipping to $152.70 today as the broader market pulls back across major altcoins. This marks a rough couple of weeks for SOL, now down 11.5% over seven days and 15% over a fortnight, despite holding a 6% gain over the past month. The downturn comes…