Peter Schiff Warns Market Crash Will Start in Bond Market, Not Bitcoin
Economist Peter Schiff predicts the next financial downturn will originate in bonds, impacting stocks, housing, and crypto.
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Original coverage across the crypto market, updated daily.
Economist Peter Schiff predicts the next financial downturn will originate in bonds, impacting stocks, housing, and crypto.
Pakistan's crypto regulator held talks with Mufti Taqi Usmani following a fatwa deeming crypto purchases impermissible under Islamic law.
A Russian national was abducted in Bali and held for 30 hours until he surrendered access to his cryptocurrency account.

The SEC is reportedly examining whether the rapid growth of crypto ETFs has introduced new risks to investors.

AI infrastructure firm CoreWeave's massive capital raise highlights a broader trend of speculative capital flowing into AI rather than crypto.
A recent Supreme Court decision expanding presidential authority to remove agency heads may impact SEC and CFTC rulemaking.
Senator Ron Wyden urges retaining protections for blockchain software developers in the broader crypto bill.

Australian crypto exchange Swyftx plans to offer payment services after obtaining a regulatory license.

Visa data shows Base handling $565B in stablecoins, signaling a shift in crypto payments to Layer 2 networks.
Vanguard is creating a digital asset roadmap with a new head of crypto, but remains opposed to a Bitcoin ETF.

A crypto trader suffered a $2 million loss after a same-block backrun extraction exploit.
Attackers exploited weak seed phrases generated by the Ill Bloom bug, stealing $3.1 million from 431 wallets.
Sovereign wealth funds gain crypto exposure mainly through ETFs, stocks, and venture capital, not direct token holdings.

Dubai leads Asian crypto hub rankings, India isolates banks from crypto, SBI Crypto shuts down major mining pool, and Russia advances digital ruble.

Peter Stokes, 19, faces US charges for role in failed $8 million crypto ransom scheme.
Arkham data shows James Wynn lost $982,000 in 24 hours shorting S&P 500 perpetuals, adding to over 200 career liquidations.
Aave sees strongest wallet expansion since 2021 as Standard Chartered updates its crypto outlook.
SEC Commissioner Hester Peirce predicts the Clarity Act will pass this summer, signaling clearer crypto regulation.

A June 29 Supreme Court decision undermines the independence of regulatory agencies, potentially affecting crypto enforcement.

New regulations require crypto exchanges in Australia to collect and share customer data on transfers from July.

The FCA publishes final crypto rules, requiring firms to obtain authorization by February 2027.
UK's FCA sets comprehensive crypto regulations covering capital requirements, stablecoins, and market abuse, with October 2027 implementation.

The EU's MiCA regulation fully applies from July 1, potentially displacing up to 10 million users from non-compliant platforms.

Bank for International Settlements cautions that a reversal in the $1 trillion AI investment boom may trigger financial stress affecting crypto traders.