Latest Crypto News & Market Updates

Bitso unveils the 'Hybrid Finance' era as stablecoins reshape global payments

MEXICO CITY, June 23, 2026 — Bitso Business, the B2B arm of Bitso, Latin Americas leading digital financial services company, used the stage of Stablecoin Conference 2026, Latin Americas largest gathering focused on stablecoins and digital payments, to unveil a vision of what it calls the next phase of financial infrastructure: the rise of “Hybrid Finance,” where traditional financial institutions and blockchain-native companies increasingly operate on shared rails.　　The announcement comes amid accelerating institutional adoption of stablecoins globally. During the conference, Bitso released the second edition of its Stablecoin Landscape in Latin America report, revealing that stablecoin payment volumes processed by Bitso Business grew 81% year-over-year during the first half of 2026.　　The report also found that more than 60% of all new institutional clients onboarded by Bitso Business this year were banks and financial institutions, significantly outpacing crypto-native firms and traditional enterprises. According to the company, the data reflects a structural shift in which blockchain infrastructure is moving from an alternative payment mechanism to a core component of modern financial services.　　“Were entering an era of hybrid financial system where its no longer the TradFi world and the digital assets world, but it is just really a set of companies, individuals, businesses

07-02Industry

Magic Eden, Founders Sued by $ME Buyers Over Broken 'Utility' Promises

Three $ME token buyers sued Magic Eden and its four co-founders, alleging the company promoted the tokens use cases — multichain trading, governance, staking rewards, and revenue sharing — then delayed, diminished, or abandoned them, according to a class-action complaint filed in federal court in New York.　　Jaime Pagan, Ariel Ruano and Chris Sadowski filed the suit on June 16 in the U.S. District Court for the Eastern District of New York against co-founders Jack Lu, Zhuoxun Yin, Sidney Zhang and Zhuojie Zhou, along with Euclid Labs Inc., which does business as Magic Eden, and the ME Foundation. The plaintiffs are represented by Max Burwick of Burwick Law, a firm that has brought several consumer class actions against crypto issuers.　　$ME traded at about $0.056 on Tuesday, leaving it down roughly 99% from its post-launch high and giving it a market capitalization of about $34 million, according to CoinGecko data. The token slipped 3.8% over the prior 24 hours, compared with BTCs 2.4% decline.　　The complaint, which cites prices as of its filing date, says the token reached about $5.63 on Dec. 11, 2024 — excluding a launch-day spike on thin liquidity — and had fallen about 98%, to roughly $0.12, by mid-June.　　The

07-02Exchange

Robinhood rolls out public blockchain as it expands deeper into crypto

Beyond the Robinhood Chain ecosystem, the company announced several additional product launches and international expansion efforts. Robinhood said it is expanding perpetual futures trading in Europe to include commodities, ETFs and foreign exchange markets alongside crypto. It also plans to launch crypto trading in the U.K. and said its services are now available in Canada following its acquisition of WonderFi.　　The company also unveiled Agentic Accounts for crypto, an AI-powered trading tool that will allow eligible U.S. users to connect AI models to Robinhoods trading infrastructure while retaining control over capital allocation and trading parameters.　　“Decentralized finance unlocks possibilities beyond what traditional finance can offer, but historically, it has required technical expertise to navigate,” Johann Kerbrat, Robinhoods senior vice president of crypto.　　Robinhoods product push shows how the lines between crypto and traditional finance are continuing to blur. The brokerage has steadily expanded beyond stocks and spot crypto trading into tokenized equities, derivatives and event contracts, better known as prediction markets. That strategy fits into the race for the “everything exchange” to host all kinds of trading and financial activity under one roof, increasingly on top of blockchain rails.　　At the same time, the company also said last month it would lay off 10%

07-02Industry

Today Was the Deadline for Crypto Exchanges in Europe to Obtain MiCA Licenses: Which Ones Got Them, and Which Ones Didnt？

The transition period under the European Unions comprehensive regulation of cryptocurrency markets, MiCA, ended today. Under the new regulations, cryptocurrency exchanges wishing to operate in Europe must obtain the necessary licenses and regulatory approvals.　　With this process underway, exchanges that haven‘t received MiCA approval are reportedly starting to suspend some of the services they offer to their European users. Platforms like Binance, which haven’t yet completed the licensing process, may also impose service restrictions on millions of users in Europe.　　Related News The Big Bears Take the Stage: Peter Schiff and Mike McGlone Comment on the Future of Bitcoins Price　　The exchanges that have received MiCA approval and can operate in compliance with European regulations include the following platforms:　　Coinbase, Crypto.com, Gate, OKX, Kraken, Bitstamp, Bybit, Backpack, Bitvavo, Bit2Me, Revolut, Bitpanda, Blockchain.com, Robinhood, eToro, Swissquote, MoonPay and Strike.　　With the MiCA regulation, licensed activity, user protection, transparency, and oversight will come to the forefront in the European crypto market. The introduction of this regulatory framework is expected to strengthen the position of licensed platforms in the European market, while reducing the scope of activity for unlicensed exchanges in the region.　　*This is not investment advice.

07-02Exchange

Ethereum Foundation lays out use cases for governments, institutions in new policy guide

To support its case, the report highlighted Ethereums technical track record, noting that the network has maintained uninterrupted uptime since launching in 2015. Citing a recent OpenZeppelin report, the foundation said Ethereum was secured by roughly $76 billion worth of staked ETH as of March 2026, while emphasizing its geographically distributed validator network, multiple independent client implementations and large developer ecosystem.　　Beyond technical metrics, the report framed Ethereum as digital public infrastructure rather than simply a financial network. It pointed to existing deployments, including decentralized identity initiatives in Bhutan and Buenos Aires and Ethereum-based land registry projects in India, as examples of governments already experimenting with the technology.　　The publication comes as governments around the world increasingly explore blockchain-based infrastructure for identity, asset tokenization and public records. The Ethereum Foundation said policymakers should distinguish between decentralized public blockchains and networks that remain controlled by corporations or foundations, arguing that governance structures will play a critical role in determining which platforms are suitable for long-term public sector use.　　Read more: Ethereum gets a new nonprofit focused on institutional adoption

07-02Industry

Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

Circle (CRCL) shares bounced 5% Wednesday after a 17% plunge, as investors are weighing whether the new Open USD stablecoin consortium backed by Stripe, Mastercard, Coinbase and BlackRock poses a lasting threat to the $USDC issuer.　　Global brokerage Jefferies isnt convinced the selloff has fully priced in the risks, arguing that Circle faces mounting competitive pressure as banks, payment firms and fintechs increasingly launch their own stablecoins.　　“Buy the dip？ We wouldnt,” the firms analyst team wrote in a note to clients.　　“CRCL headwinds are unlikely to ease,” analysts wrote, warning that competition could pressure $USDCs supply growth and market share.　　The authors argued that Circle, which holds roughly 25% of the $300 billion stablecoin market, is moving into a more competitive phase. While $USDC benefited from an early lead after launching in 2018, Jefferies said new entrants now have something Circle lacked in its early years: large built-in distribution networks.　　The launch of Open USD, backed by more than 140 companies including Stripe, Coinbase, Visa, Mastercard and BlackRock, points that shift. The consortium plans to share reserve income with participating companies, potentially making the platform more attractive to payment providers and fintechs.　　Jefferies analysts also flagged Coinbases participation as a new risk. Circle derives about

07-02Exchange

According to Analysts, New Bitcoin Buying Has Begun, But Bears Still Dominate the Market! – The Feared Level Could Be Reached This Month! Heres...

Bitcoin continues to experience sharp declines, falling below $58,000 for the first time in a long time. These declines are attributed to rising inflation concerns, a more hawkish Fed, and a strengthening dollar in recent weeks.　　At this point, the situation for Bitcoin is worsening, and this is reflected in the options market. According to the data, there is an increase in bets in the options market on $BTC falling to $50,000.　　According to analyst Omkar Godboles analysis, investors in the Bitcoin derivatives market are taking positions expecting a further decline in price rather than an increase.　　The analyst noted that Bitcoin, after recently falling to as low as $57,700, has partially recovered to around $58,800, while open positions have risen to 768,000 $BTC.　　At this point, the analyst noted that put options, which are bets on a price decrease in the options market, are priced higher than call options across all expiry dates. According to Paradigm trading desk data, demand for the $50,000 Bitcoin put option with a September expiry date has increased.　　In conclusion, according to the analyst, this positioning indicates that investors have increased the likelihood of $BTC falling below $50,000 by the end of the third quarter.　　Investors Have Started Accumulating, But

07-02Exchange

Bitcoin breaks above $60,000 after Fed Chair Warsh said inflation risks has come down

SummaryBitcoin climbed back above $60,000 after Fed Chair Kevin Warsh said inflation risks have come down while reaffirming the central banks 2% target.Warsh said AI-driven investment could expand the U.S. economys productive capacity, with potentially significant implications for future monetary policy.Fed officials joined other global central bankers in signaling a move away from explicit forward guidance on interest-rate decisions.　　Bitcoin climbed back above the $60,000 level on Wednesday after Federal Reserve Chair Kevin Warsh said inflation risks had eased while reaffirming the central banks commitment to returning inflation to its 2% target.　　Warsh declined to provide guidance on the Federal Reserves next interest-rate decision, saying policymakers would debate incoming data at their meeting in four weekds, during a panel discussion at the European Central Banks annual forum in Sintra, Portugal.　　Instead, he emphasized that the Fed remained focused on price stability.　　“Inflation risks have come down,” Warsh said. “If there were people in households or the business sector, in the financial markets, who thought that this central bank was going to be comfortable with an inflation objective above 2%, well, I guess theyd be disappointed. Were going to deliver price stability in the U.S.”　　Bitcoin pared earlier losses to trade back above the $60,000 level,

07-02Industry

Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

“Large groups of large companies coordinate poorly, have misaligned incentives, slow things down and rarely create the space for real durable innovation,” he wrote.　　Test for the consortium model　　That skepticism is shared by Lorenzo Valente, director of digital asset research at ARK Invest, who noted that crypto has seen several consortium-backed stablecoin initiatives over the years, including Metas Diem project and Paxos-led Global Dollar Network.　　“Every year we get our consortium-style initiative around a stablecoin,” Valente wrote in an X post. “While the set of players here is obviously potent, I remain highly skeptical any of these initiatives can hit scale.”　　He said Open Standards biggest challenge may be coordinating more than 140 participants with competing interests.　　“A consortium of hundreds of rivals has no precedent for working,” he said. “The pace of decision-making across competitors is going to be glacial.”　　Valente likened the model to decentralized autonomous organizations, or DAOs, whose governance structures often struggled to make timely decisions.　　“Owned by everyone almost always means accountable to no one,” he said. “Id bet on the two operators who can ship unilaterally over a committee that has to ask hundreds of rivals for permission.”　　He also questioned whether large banks, payment networks and technology companies would remain

07-02Industry

Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case

SummaryFormer Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to fraud and money laundering in a $400 million crypto Ponzi scheme.Delgado allegedly used investor funds for a lavish lifestyle, including luxury properties and vehicles, while running a fraudulent scheme from 2023 to 2026.He admitted to causing at least $250 million in losses and agreed to forfeit luxury assets; his sentencing is scheduled for October 8.　　Christopher Alexander Delgado, the former CEO of Goliath Ventures, pleaded guilty to fraud and money laundering charges stemming from a crypto investment scheme prosecutors said stole at least $400 million from investors.　　Delgado, a Florida resident, pleaded guilty Tuesday to conspiracy to commit wire fraud, wire fraud and money laundering, according to the U.S. Attorneys Office for the Middle District of Florida.　　He faces up to 20 years in prison for each fraud count and up to 10 years on the money laundering count.　　Goliath Ventures, formerly Gen-Z Venture Firm, solicited investors from at least January 2023 through January 2026 with pitches for monthly payouts it claimed came from crypto liquidity pools, prosecutors said. Delgado admitted in his plea agreement to causing at least $250 million in investor losses.　　Investor money was used to pay earlier investors, fund withdrawals and

07-01Industry

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