Crypto PAC-backed Barry Moore wins Alabama GOP Senate runoff

Barry Moore won Alabamas Republican Senate runoff after more than $12 million in pro-crypto PAC support helped carry his campaign into the November general election.  The race now becomes one of its clearest Senate bets this year.  The result gives Fairshake-linked groups another win in the 2026 primary season. Moore defeated former Navy SEAL Jared Hudson in the race to replace Senator Tommy Tuberville, who is running for Alabama governor.  Crypto PAC spending pays off in Alabama  Unofficial results from the Alabama Secretary of State showed Moore with 55.80% of the vote, compared with 44.20% for Hudson. All 67 counties had reported results as of late Tuesday.  Moore will face Democrat Everett Wess in November. Alabama remains a strongly Republican state, which gives Moore a favorable path after winning the GOP nomination.  Defend American Jobs, a Republican super PAC tied to Fairshake, spent heavily to support Moore. The group reported $7.4 million in media spending before the May 20 primary and another $4.7 million before the runoff.  Federal Election Commission records list Defend American Jobs as an active independent expenditure-only super PAC. The committee cannot coordinate directly with campaigns, but it can spend on media and ads.  Fairshake spokesman Geoff Vetter said “our biggest spend of the cycle”

06-17

Top 3 Altcoins to Buy Now XLM, AERO, HYPE Before Its Too Late!

Bitcoin may still be under pressure, but one crypto analyst says the market could be getting closer to a bottom. Referencing Coinbase CEO Brian Armstrong‘s recent comments, the analyst explained that Bitcoin’s $60,000 level may mark the cycle low.  More than 50% of Bitcoin holders are currently in loss, a signal that also appeared near the bottoms of the 2018 and 2022 bear markets.  While he expects weakness could continue for a few more months, he sees the current period as an accumulation phase. Here are Top 3 Altcoins to Buy:  $XLMs Big 2027 Opportunity  Among the altcoins on his watchlist, Stellar ($XLM) is one of the most overlooked projects.His bullish outlook centers on the planned tokenization initiative involving the Depository Trust s L2 that generates $6.9 million in monthly fees, distributes 100% of it to voters, and was built with zero VC money is about to merge with its sister protocol and launch on Ethereum mainnet to directly challenge Uniswap?According to him, Aerodromes model stands out because it distributes trading fees back to token holders while continuing to expand its liquidity network.As of now $AERO is trading at $0.4936 and is up by 8.86% in the last 24 hours.  Hyperliquid Remains a Market Favorite  The

06-17

Crypto PAC's $12 million Senate candidate, Barry Moore, wins Alabama GOP primary

More than any other congressional race this year, the crypto sectors campaign-funding operations dumped massive cash into Barry Moores Alabama Senate bid, with the leading political action committee alone spending more than $12 million to push the Republican onto the general-election ballot.  It worked. On Tuesday, Moore won the Republican primary runoff over former Navy Seal Jared Hudson, so Trumps loyal supporter will now be expected to triumph in the November general election because of his states deeply GOP voter base.  The Fairshake super PAC and its affiliates remain the crypto industrys leading campaign-finance operations, and they devoted their most extensive spending yet to Moore, who as a member of Congress has voted yes on every noteworthy piece of crypto legislation. Moore didnt exceed the 50% mark in the initial May primary in Alabama, so a runoff was held this week.  “Our biggest spend of the cycle yielded yet another pro-innovation champion in the Senate, and with nearly $150 million cash on hand we are ready to continue driving the construction of the largest pro-crypto caucus in history,” said Geoff Vetter, a Fairshake spokesman.  At the time of their most recent filings with the Federal Election Commission, the collection of related PACs had about

06-17

Onchain Data Locks In Satoshi's 1.1M BTC Hoard — 3 Theories on Why It Never Moves

What the Numbers Show  The estimate places Satoshi‘s holdings at approximately 1.09 million to 1.1 million $BTC, representing about 5.47% of bitcoin’s fixed 21 million supply cap. The coins are distributed across an estimated 22,000 distinct wallet addresses, each holding exactly 50 $BTC from early block rewards.  Satoshi Nakamoto‘s bitcoin hoard tracked by Arkham Intelligence’s blockchain explorer. Image source: arkm.com on June 16, 2026.  No address in this cluster has recorded an outbound transaction in over 15 years, according to onchain data reviewed by analysts at Arkham Intelligence and other independent blockchain researchers.  The Patoshi Pattern  The holdings were not self-reported. They were reconstructed through cryptographic forensics, most notably by blockchain researcher Sergio Demian Lerner, who published his initial findings in 2013 and updated them in 2020.  Lerner‘s method centered on an anomaly he called the Patoshi Pattern, named after his designation for the dominant early miner. In Bitcoin’s first year, the network was small enough that one entity accounted for roughly 22% of all blocks mined.  The Patoshi Pattern.  Lerner extracted the ExtraNonce field from the coinbase transaction of the first 50,000 blocks and plotted those values against block height. While most early miners produced scattered, irregular distributions, one miner left steep, contiguous linear segments, indicating a

06-17

Coinbase to Launch Tokenized Stocks, Unify Global Liquidity

Coinbases latest system update pulls the trigger on a multi-front expansion that could reshape how global traders access equities, derivatives, and advisory products. According to the original report, the exchange plans to roll out tokenized stocks for non-U.S. users next month, while unifying liquidity across its U.S. spot market, international derivatives platforms, and the Deribit options exchange.  The move follows a year where tokenized real-world assets crossed $20B in on-chain value, as markets increasingly turn to blockchain rails for traditional securities. By offering tokenized stocks, Coinbase is not merely mirroring existing broker models—it is embedding equity exposure directly into the DeFi and on-chain trading ecosystem, where composability and 24/7 settlement could alter user behavior.  Tokenized Stocks and the Non-U.S. Play  The tokenized stock offering will be available exclusively to users outside the United States, a deliberate carve-out that sidesteps the tangled regulatory environment at home. Rather than requiring traditional brokerage accounts, these synthetic representations would trade alongside crypto pairs, giving users in jurisdictions with limited access to U.S. equities a direct, programmable way to gain exposure. The model likely relies on a custody-based wrapping mechanism, though Coinbase has not disclosed the precise legal structure.  Coupled with this rollout, Coinbase is expanding into prediction markets,

06-17

Coinbase overhauls Advanced Trading platform in bid to unify global crypto liquidity

Coinbase announced a major product redesign on June 16, calling it “System Update,” as it pushes further toward its goal of becoming an “Everything Exchange.”  The update adds an SEC-regulated AI investment advisor, unified global liquidity pools, and a wider set of trading products across crypto and traditional finance. The move builds on Coinbases roadmap announced in July 2025, which has since expanded to include stock trading, prediction markets, and integrated decentralized trading across dozens of countries.  The new products include stock and crypto options, pre-IPO perpetual futures, thematic index perpetual contracts covering sectors such as AI and defense, and tokenized stocks, according to the companys announcements on X. Coinbase also confirmed that it is bringing crypto derivatives trading back to American users.  The company began rolling out stock trading and prediction markets in December 2025, opened commission-free U.S. stock and ETF trading to eligible customers in February 2026, and expanded integrated decentralized trading to users in 84 countries in March 2026. The latest System Update extends that strategy into AI-assisted investing and unified cross-asset trading.  Coinbase said its unified account will eventually allow users to trade crypto assets, nearly 10,000 stocks and ETFs, prediction markets, perpetual futures, and tokenized assets from one platform.

06-17

Collector Crypt Fees Jump 129% in a Week as Solflare Brings Card-Pack Trading Into the Wallet

Collector Crypt, the Solana-native platform that tokenizes graded physical trading cards for on-chain trading, posted a 129% week-over-week jump in fee revenue after Solflare embedded its card-pack mechanic directly into the wallet interface.  The platform generated $3.86 million in fees over the trailing seven days, up from $1.68 million the prior week, per DefiLlama. The trailing 24-hour fee figure stood at $689,000, a 283% increase from the day before. All-time platform revenue has crossed $52.8 million, with a 30-day total of $9.5 million.  Collector Crypt Fees. Source: DeFiLlamaThe Solflare Catalyst  Solflare, the Solana wallet with roughly four million monthly active users, announced the integration on June 11. Called Solflare Packs, the feature lets users browse, buy, and open randomized packs of tokenized graded cards without leaving the wallet. Categories include Pokemon, One Piece, and various sports card sets. The premium tier offers a $2,500 Mythic Gacha Pack with a chance at a $117,000 PSA-graded Charizard slab.  Before the integration, Collector Crypt required users to navigate to a standalone site. The Solflare integration removes that step, routing four million existing wallet users directly into the pack-opening flow.  How Fee Revenue Is Generated  Collector Crypt charges fees on its “gacha” mechanic, a randomized pack-opening system. Users spend USDC

06-17

Binance ignites SpaceX trading frenzy with new bStocks launch

Binance has launched tokenized SpaceX shares as trading demand pushes the companys valuation above $3 trillion and drives a surge in SpaceX-linked crypto products.  According to a June 12 announcement from Binance, the exchange has listed SPCXB, a tokenized version of SpaceX stock, on its spot market, with trading for the SPCXB/USDT pair going live at 17:00 UTC.  Binance also enabled automated trading tools for the new pair from launch and introduced a zero maker fee promotion that will remain in effect through the end of August 2026.  A few days after trading opened, deposits and withdrawals for the token became available, allowing users to move the asset on and off the platform.  The listing arrives as investor interest in SpaceX-related products continues to grow across both traditional and crypto markets. According to Binance data cited in its announcement, the exchange now controls more than 60% of the market for SpaceX perpetual futures trading.  SpaceX products dominate Binance trading activity  Activity in derivatives markets has increased even faster than spot demand. Binance data shows that its SPCXUSDT perpetual futures contract has become the second-most traded futures product on the platform, ranking behind only Bitcoin futures.  The rapid rise in trading volumes highlights strong demand from traders seeking

06-17

Coinbase unveils AI advisor as it chases ‘Everything Exchange’ vision

Coinbase has unveiled an SEC-registered AI investment advisor alongside new trading products as the company has continued expanding beyond crypto in its push to become an “Everything Exchange.”  According to announcements made during Coinbase‘s System Update event, the exchange is introducing an AI-powered advisory service, expanding access to derivatives and prediction markets, and preparing new pre-IPO trading products tied to some of the world’s largest private technology companies.  The latest product rollout comes as Coinbase continues adding traditional financial products to its platform after recently revealing plans to launch tokenized stocks backed one-for-one by underlying shares.  AI tools move closer to managing user portfolios  At the center of the announcements was Coinbase Advisor, which Chief Executive Officer Brian Armstrong described as one of the first SEC-registered AI-powered investment advisors in the world.  Armstrong said the tool will have access to a users portfolio information and account history, allowing customers to interact with the advisor using natural language commands.  “Speak to it in plain English to take action on your account. It will even prompt you with ideas you hadnt thought of,” Armstrong said during the presentation.  Alongside the advisor, Coinbase revealed that artificial intelligence agents can now connect directly to its platform. Using systems such as ChatGPT

06-17

Coinbase Launches 21 Products at Once, Including Bitcoin-Backed Mortgages and AI Advisor

What Was Announced  The announcement covered every major segment of finance. Coinbase framed the release around three pillars: more assets to trade, smarter trading tools, and a broader financial services suite.  The product list includes tokenized U.S. stocks for non-U.S. customers launching next month, backed 1:1 by the underlying asset with full shareholder rights, dividend payouts, and the ability to lend shares for yield or use them as collateral. U.S. customers are excluded per regulatory disclosures.  On the lending side, Coinbase is now accepting bitcoin as collateral for home mortgages in partnership with Better, with Fannie Mae backing the structure. Customers can pledge BTC without selling it to qualify for a home purchase.  Pre-IPO Access and Derivatives  Traders can now access Pre-IPO perpetual futures starting with SpaceX, with Anthropic and OpenAI listed as coming soon. These instruments give market participants early price exposure to private companies before any public listing.  Coinbase also introduced equity index perpetual futures tracking thematic indices including AI, China, Defense, and the Tech 100, listed on a U.S. regulated exchange. Options trading for both crypto and stocks is slated to roll out in the coming months.  AI Tools and Agentic Trading  The company launched Coinbase Advisor, described as one of the first SEC-registered, AI-powered

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