Bitcoin AI Generated News

Bithumb CEO booked as bribery suspect in probe over lawmaker’s alleged job requests South Korean police have officially named Bithumb CEO Lee Jae-won as a suspect in a bribery investigation centered on allegations that the crypto exchange hired staff at the request of independent lawmaker Kim Byung-kee. The Seoul Metropolitan Police Agency’s Public Crime Investigation Unit is probing whether Lee arranged employment at Bithumb for Kim’s second son after a meeting between the two, Yonhap reported on June 11. Investigators say they obtained a statement from a former aide alleging the lawmaker and Lee met at a restaurant in Mapo, Seoul, in November 2024, and that Kim raised the hiring request during that encounter. Police are also examining whether Kim — who served on the National Assembly’s Political Affairs Committee that oversees the Financial Services Commission — later took parliamentary actions that could have benefited Bithumb. Investigators are reportedly reviewing whether some of Kim’s activities, including focus on so-called “monopoly issues” involving Dunamu (operator of rival exchange Upbit), were connected to his son’s alleged hiring. The probe extends to a second hiring allegation: authorities are checking whether Kim asked Bithumb to employ a former aide from his office, who reportedly joined the exchange in September 2024. Lee was named in a second search warrant executed on June 8; that operation covered Bithumb’s Gangnam-gu headquarters and other sites. Earlier, in February, police listed Kim as a bribery suspect while treating Bithumb as a witness. Investigators have seized materials and plan to review them before summoning relevant individuals, including the aide and others involved in the hiring processes, to question them about what they knew and how the hires were handled. The case lands amid a turbulent year for Bithumb. South Korean regulators fined the exchange 36.8 billion won (about $24.5 million) for anti-money-laundering lapses, and an internal error in February briefly credited users with massive Bitcoin balances. The exchange has since delayed IPO plans until after 2028 while working to strengthen accounting and internal controls. The bribery probe remains active. Police have not released final findings, and the allegations against Lee, Kim and others have not been proven in court. Read more AI-generated news on: undefined/news

Crypto analyst Crypto Rover has flagged a long-standing support trendline for Bitcoin that, historically, has preceded some of its biggest parabolic rallies — and BTC has just re-touched it again. Why this matters - Crypto Rover says this trendline hasn’t been decisively broken in nine years. Each time BTC revisited it, the market later produced massive gains: roughly +1,300% in 2017, +1,900% in 2018, +1,900% again after 2020, and about +700% following the 2022 touch. - That history gives bulls reason for optimism that Bitcoin could rebound from the current level as it has in prior cycles. But the downside risk isn’t ruled out - In a follow-up post, Crypto Rover cautioned that Bitcoin may not have found a cycle bottom yet. He pointed to realized-price levels still unmet: short-term holders’ (STH) realized price of about $74,000 has been reached, but the broader realized price (~$53,600) and long-term holders’ (LTH) realized price (~$50,000) have not. - According to the analyst, past cycle bottoms have traded below the realized price and major liquidity flushes have touched the LTH line, implying BTC may still see another down-leg before a final bottom. Geopolitics adds pressure - Market participants are also watching an uptick in geopolitical risk after renewed U.S.-Iran hostilities — U.S. strikes on Iranian military targets were followed by retaliatory attacks on U.S. bases in the Gulf. Such events can increase volatility and spur risk-off moves in crypto. Another analyst sees room under $50k - Crypto analyst Ali Martinez has highlighted the “Investor Price” metric, currently around $48,300, as a key accumulation zone. This metric estimates the average acquisition cost of all economically circulating Bitcoin after filtering out permanently lost coins — intended to provide a more realistic market-wide cost basis. - Martinez noted this level as a long-term buying area and has previously pointed to MVRV band signals (the 1.0–0.8 bands) converging near $53,900 and $43,150 as evidence that a market bottom could be forming — though he still leaves open the possibility of sub-$50k price action. Current market snapshot - At the time of writing, Bitcoin trades near $62,600, up on the day (CoinMarketCap). Bottom line - On-chain indicators and historic trendline behavior give bulls arguments for a bounce from current levels, but key realized-price thresholds and ongoing geopolitical risk leave room for further downside. Traders should monitor the long-term trendline, realized/LTH metrics, the Investor Price area, and macro/geopolitical headlines for clues on whether this touch turns into a new leg up or precedes more liquidation. Read more AI-generated news on: undefined/news

La responsabile della strategia degli asset digitali di Morgan Stanley, Amy Oldenberg, ha dichiarato a Coin Stories che Bitcoin che tocca $1 milione "è possibile" — ma solo come fase finale di un lungo ciclo di adozione o in seguito a un grande sconvolgimento nei mercati tradizionali. Oldenberg non ha fissato un obiettivo di prezzo, ma ha inquadrato il Bitcoin a sette cifre come plausibile nel tempo. "Di tutto ciò che ho visto nella mia vita, crederò a qualsiasi cosa che sia possibile," ha detto, aggiungendo una cautela: "Qualcosa di così estremo deve accadere nel tempo… se accade qualcosa di così estremo… c'è stato qualche altro evento estremo che è successo." Invece di prevedere un'esplosione improvvisa a J-curve, Oldenberg descrive la prossima fase di adozione istituzionale come una costruzione costante: maggior accesso ai prodotti, formazione degli advisor, infrastruttura di custodia e crescente domanda dei clienti. Si aspetta che Bitcoin "grind higher" per il resto del decennio piuttosto che schizzare alle stelle da un giorno all'altro — un'entrata continua e incrementale da parte di istituzioni e advisor, non un'unica rivalutazione verticale. Questa visione graduale supporta la posizione cauta di Morgan Stanley. La guida del portafoglio modello della società raccomanda attualmente allocazioni in Bitcoin dell'0–2% per i clienti più conservatori e del 2–4% per i profili aggressivi, riflettendo sia l'interesse dei clienti che la continua necessità di formazione da parte degli advisor riguardo l'asset e i suoi prodotti. Parte della spinta di Morgan Stanley nel crypto è concreta: la banca ha espanso la sua presenza attraverso un ETF spot, gestione patrimoniale e una presenza su e*Trade. Il suo ETP Bitcoin, ticker MSBT, è stato lanciato con quello che Oldenberg ha definito il miglior debutto di un ETF per Morgan Stanley. Il prodotto è stato progettato come una costruzione di livello istituzionale, con una commissione di gestione di 14 punti base e custodia organizzata tramite Coinbase e BNY Mellon — uno sforzo esplicito per integrare la tradizionale infrastruttura finanziaria nelle offerte di Bitcoin. Oldenberg ha sottolineato un'importante distinzione che confonde ancora molti clienti: possedere Bitcoin direttamente rispetto a detenere azioni di ETF che forniscono esposizione al prezzo. "Amo le persone che mi dicono che hanno esposizione a Bitcoin, quindi se qualcosa va storto… io dico no, non hai Bitcoin. Hai azioni di un ETF Bitcoin che ti offrono esposizione al prezzo di Bitcoin," ha detto. Questa distinzione conta a livello operativo. Morgan Stanley potrebbe trattare i clienti che utilizzano l'ETP sulla sua piattaforma patrimoniale come clienti patrimoniali e, a seconda della dimensione della posizione, rendere disponibile il prestito contro l'esposizione ETF. Oldenberg ha citato un "tasso di rilascio del 50%", il che significa che la banca potrebbe prestare fino alla metà del valore del prodotto per i clienti idonei. Ha anche spiegato perché molte banche rimangono caute riguardo al possesso diretto di Bitcoin: la decisione è guidata meno da ostilità ideologica e più da trattamenti di capitale, obblighi normativi ed efficienza del bilancio. Affinché le banche possano detenere Bitcoin più ampiamente come garanzia o nei bilanci, l'ambiente normativo e di capitale deve diventare più favorevole. Infine, Oldenberg ha messo in guardia contro la tendenza a raggruppare tutti gli asset crypto insieme. Bitcoin, Ethereum, Solana e XRP svolgono funzioni diverse e non dovrebbero essere trattati come intercambiabili semplicemente perché condividono l'etichetta "crypto". Al momento dei suoi commenti, Bitcoin veniva scambiato intorno a $62,825. Leggi di più notizie generate dall'IA su: undefined/news

Headline: On-chain data shows dormant ADA waking up as price slides — Santiment flags Age Consumed spikes On-chain analytics firm Santiment says Cardano has recently seen a meaningful uptick in activity from long-dormant addresses, a development visible in its “Age Consumed” metric. That indicator multiplies the number of tokens being moved by the time since those tokens last moved, so high readings point to many old coins re-entering circulation. What happened - During May the Age Consumed for Cardano remained muted, but Santiment’s chart shows several sharp spikes in June that began roughly halfway through the recent price drawdown. The timing suggests these moves were a reaction to the sell-off rather than a trigger for it. - The largest Age Consumed spike occurred on June 9, and Santiment notes it was the biggest on the network since April. What the metrics mean - Age Consumed alone can’t reveal intent: spikes may represent panic selling by long-term holders, profit-taking, on-chain reorganizations, or other kinds of repositioning. - Santiment also plotted the Mean Dollar Invested Age (MDIA), which measures the average age of dollars invested in the asset. MDIA rose steadily through May — indicating an “aging” market cap — but the June spikes in Age Consumed have interrupted that trend. The growth in MDIA has slowed, and clusters of Age Consumed spikes accompanied by pauses or declines in MDIA have historically coincided with notable market turning points. Market context - At the time of writing, ADA trades around $0.16, down more than 26% over the past week. The renewed movement of older coins is notable because it’s already had a measurable effect on Cardano’s market-age profile and could signal increased volatility or a shift in market structure. Bottom line On-chain indicators show that previously inactive ADA is becoming active again amid the recent sell-off. While the data confirm long-term coins are moving, they don’t tell us whether that activity is driven by capitulation, reallocation, or something else — but traders and observers should keep an eye on Age Consumed and MDIA for potential clues to upcoming market dynamics. Read more AI-generated news on: undefined/news

Citi is launching a blockchain-based platform to let wealthy and institutional clients trade tokenized shares of private companies, the Wall Street Journal reports. The offering, which initially targets non-U.S. investors, uses tokenized depositary receipts issued and authorized by Citi — with the bank also acting as custodian — to give regulated exposure to private-company equity without transferring direct share ownership. Why it matters - Demand for late-stage private stakes has surged as high-value firms such as SpaceX and Anthropic remain private longer, leaving investors hungry for alternatives to IPOs and informal secondaries. - By packaging private-company exposure as tokenized depositary receipts on blockchain rails, Citi aims to provide faster settlement, clearer portfolio tracking and a more controlled, bank-supervised route into private markets. Key details - Initial rollout will serve foreign investors; Citi plans to expand access over time and could bring the product to U.S. clients if regulators allow. - The service targets accredited wealth and institutional clients; Citi is reportedly in talks with several large private companies but has not named them. - Tokens represent depositary receipts tied to private-company shares and are issued and custodied by Citi, not direct fractional ownership of the underlying stock. Market context and precedent - Citi has run tokenized deposit pilots and long-studied blockchain use cases for securities and settlement. Its recent research placed today’s tokenized market around $17 billion with a base-case projection to reach $5.5 trillion by 2030. - Major banks are moving similarly: reports say JPMorgan, Citi and others are exploring a tokenized deposit network that could arrive as early as 2027. Risks and open questions - Tokenized private shares are still nascent: liquidity, price discovery, issuer approvals and regulatory treatment remain unresolved. - Past marketplace issues highlight these dangers — for example, some platforms previously issued tokenized products tied to companies that said they hadn’t approved them. - Citi’s model seeks to mitigate these concerns through bank issuance, custody and regulated client channels rather than open retail markets, but regulatory clarity will be crucial. Bottom line Citi’s rollout signals tokenization moving from experiments to practical Wall Street products. The bank is betting that regulated tokenized structures can open late-stage private opportunities to eligible investors while addressing trust and operational gaps in informal secondary markets. Watch regulatory responses, issuer buy-in, and whether liquidity and pricing mechanics mature as adoption grows. Read more AI-generated news on: undefined/news

Headline: Dogecoin flashes fresh TD Sequential buy signal after 31% pullback — rebound brewing, but bigger confirmation still needed Dogecoin has sparked renewed bullish chatter after the Tom DeMark (TD) Sequential — the same indicator that flagged its May correction — flipped from a sell to a buy signal following a steep drop earlier this month. Price snapshot (June 11): DOGE traded around $0.0851, up about 2.1% on the day, according to crypto.news market data. The coin is still down roughly 4.4% over seven days and about 22.5% over the past month. Trading volume over 24 hours hit roughly $654.5 million, and Dogecoin remains the 10th-largest crypto with a market cap near $13.16 billion. What the TD Sequential is signaling - On May 7 the TD Sequential issued a sell signal that preceded a roughly 31% decline from $0.113 to $0.078. - The indicator has now flipped to a buy, suggesting the recent selling may be losing steam and that a rebound could be near. Analysts including Ali Martinez highlighted the shift, though they caution the signal alone doesn’t prove a full trend reversal. Technical context — support, resistance and momentum - Support: DOGE is trading close to a $0.080–$0.083 zone and recently bounced off a 24-hour low of $0.081923. - Immediate resistance: Supertrend resistance sits near $0.096; a clean move above $0.096–$0.100 would be the first sign sellers are relinquishing control. A follow-through above $0.110 would more convincingly point to buyers rebuilding strength. - Momentum: The RSI is near 32.6 (its average ~31.5), putting DOGE close to oversold territory. A small RSI rebound shows cooling selling pressure, but the indicator remains below 40 — momentum has not turned clearly bullish. - Volume: Daily volume equates to about 198.6 million DOGE. For a sustainable breakout, analysts want to see rising dollar-volume accompany a move above $0.096. Derivatives, whales and flow dynamics - Whale activity: On-chain reports indicate wallets bought more than 200 million DOGE in a single week, and some traders labeled the current range a “good level for accumulation.” Whale buying can shore up confidence, but it’s most effective when matched with broader spot demand and improving technical momentum. - Derivatives: Coinglass data shows futures volume rose ~8.8% to $1.47 billion and futures open interest climbed ~2.5% to $1.03 billion. Options volume plummeted ~86% to about $143.3k, while options open interest rose ~8.2% to ~1.37 million contracts. The data indicate traders remain most active in futures. Higher open interest near support can either help fuel a rebound (if longs dominate) or amplify a sell-off via liquidations (if price breaks lower). - Spot flows: Net spot flows are muted (about $53,940), far from the multi-million-dollar spikes seen during the prior sell-off, suggesting no runaway accumulation or capitulation in spot markets right now. Bigger picture and risk levels - DOGE is still in a broader downtrend from the September–October highs near $0.25–$0.30, printing lower highs and lower lows. - A daily close above $0.096 would bring $0.100–$0.110 back into focus; a sustained break above $0.110 would be an even stronger bullish signal. - On the downside, failure to hold $0.080–$0.083 could send DOGE toward deeper risk zones — analysts previously flagged $0.067 as a potential lower target if support breaks. Bottom line The TD Sequential’s buy flip gives bulls reason for optimism and points to a possible short-term rebound from oversold conditions. But until DOGE reclaims $0.096–$0.100 with rising volume and clearer momentum, the broader daily trend remains bearish. Traders should watch support at $0.080–$0.083, the $0.096 resistance level, derivatives open interest and whale activity for clues on whether this bounce evolves into a meaningful recovery. Disclosure: This is not investment advice. The content is for educational and informational purposes only. Read more AI-generated news on: undefined/news

La vendita istituzionale di Bitcoin ha raggiunto un nuovo estremo, con i grandi attori che scaricano circa 4,6 volte la fornitura giornaliera che i miner aggiungono alla rete, secondo Charles Edwards, fondatore di Capriole Investments. Edwards ha postato su X un grafico del suo indicatore "Net Institutional Buying" — una misura che monitora i cambiamenti nelle partecipazioni istituzionali di Bitcoin aggregando i saldi degli ETF Bitcoin spot e delle tesorerie aziendali di asset digitali (DAT). Gli ETF spot acquistano e custodiscono BTC per conto degli investitori, offrendo esposizione al mercato tradizionale senza la custodia diretta on‑chain; i DAT sono aziende che detengono BTC nei loro bilanci, offrendo un'altra via regolamentata per le istituzioni nel mercato. Il grafico mostra che le istituzioni erano forti accumulatrici durante il rally di Bitcoin di aprile-maggio, ma quella tendenza si è invertita bruscamente. Il Net Institutional Buying è crollato nel più profondo segno negativo mai registrato — un chiaro segnale che la distribuzione istituzionale è ora ai massimi storici. Edwards sottolinea che la pressione di vendita proveniente da questi canali istituzionali equivale a circa il 460% (circa 4,6x) dell'inflazione mineraria giornaliera, il che significa che le istituzioni stanno muovendo l'offerta diverse volte più velocemente di quanto nuovo BTC venga coniato. Analizzando i flussi, i dati di Edwards mostrano che il selloff è guidato principalmente dagli ETF spot, mentre i detentori di tesoreria aziendale hanno continuato ad aumentare le loro posizioni in netto. Quella divergenza suggerisce che i fondi sono la principale fonte di distribuzione anche se alcune aziende mantengono o aumentano le partecipazioni. A livello di prezzo, Bitcoin è sceso sotto $61,000 all'inizio del ritracciamento, ma da allora si è ripreso modestamente e sta negoziando intorno a $62,300. L'entità della vendita istituzionale — in particolare attraverso gli ETF — potrebbe aggiungere una notevole pressione di vendita al mercato mentre l'acquisto aziendale offre un parziale contrappeso. Leggi altre notizie generate dall'AI su: undefined/news

The CLARITY Act hit fresh turbulence this week as bipartisan negotiations over ethics language stalled, complicating any near-term path to a Senate floor vote on the long-delayed crypto market structure bill. What happened - According to a report from Eleanor Terrett at Crypto In America, Democratic senators left a Tuesday negotiating session frustrated after Republican negotiators walked back elements of a previously reached ethics agreement. That retreat pushed lawmakers further from consensus and away from advancing the bill. - The group had reconvened for the first time since striking a tentative ethics deal before the Senate Banking Committee’s May markup. The earlier understanding reportedly involved Senators Kirsten Gillibrand, Ruben Gallego, Bernie Moreno, and Cynthia Lummis, along with Patrick Witt, executive director of the White House Crypto Council. - A central sticking point: a CLARITY Act provision that would have allowed state attorneys general to sue the Department of Justice if the DOJ failed to enforce ethics rules tied to President Trump. Republicans and the White House reportedly backed away from that enforcement mechanism during Tuesday’s talks, citing concerns from senators outside the negotiating group that such authority could be weaponized by either party in future disputes. - As an apparent compromise, Republicans proposed narrowing enforcement authority to the U.S. Attorney General and even suggested impeachment as an alternate remedy for ethics violations — a move Democrats described as an “about-face” from the earlier tentative terms. The group plans to meet again on Thursday to try to resolve the impasse. Law enforcement concerns linger - A separate but equally pivotal hurdle is pushback from law enforcement. Major policing and prosecutor organizations worry some CLARITY Act language, especially the Blockchain Regulatory Certainty Act (BRCA) provision, could hamper investigations of criminals who use blockchain tools for money laundering, sanctions evasion, and other illicit activity. - The BRCA is intended to clarify that non-custodial software developers aren’t automatically liable for how third parties use their code unless developers intended to facilitate criminal conduct. Still, law enforcement groups fear the wording could make it harder to pursue bad actors who operate on-chain. - To address those worries, the White House Crypto Council will host a meeting on Wednesday with representatives from the National Sheriffs’ Association, the Fraternal Order of Police, the National District Attorneys’ Association, DOJ and Treasury officials, and members of Congress. Administration officials are expected to argue the bill does not shield criminals and preserves law enforcement’s authority. Why this matters politically - Key Senate Democrats have tied their backing of the CLARITY Act to both ethics and law enforcement fixes. Senators Mark Warner and Catherine Cortez Masto have signaled they will not support the bill unless their concerns are adequately addressed, raising the threshold for bipartisan passage. Bottom line Lawmakers are still trying to thread a narrow needle: crafting crypto-legislative clarity that protects developers and innovation without undermining ethics enforcement or law enforcement’s ability to police on-chain crime. This week’s walkback on state enforcement authority and ongoing BRCA debates underscore how fraught—and consequential—those negotiations remain. Source: Crypto In America (Eleanor Terrett). Featured image created with OpenArt; chart from TradingView.com. Read more AI-generated news on: undefined/news

Headline: Crypto surges onto 2026 campaign trail as DCG-Harris poll finds voters care — especially about privacy Crypto has moved from niche policy debate to a visible 2026 election issue, according to a new DCG-Harris Poll. The survey — conducted May 8–18 of 1,874 registered voters with oversamples in Arizona, Georgia, Michigan, Nevada, North Carolina, Ohio, Pennsylvania and Texas — finds voter attention to digital assets has doubled since 2024. Key findings - 40% of voters now say crypto is a major election issue, up from 20% in 2024. - 84% of Americans believe individuals, not companies, should own their personal data. - 55% of registered voters are more likely to use a service that does not use their personal data. DCG (Digital Currency Group) says the shift signals a growing bloc of voters watching how candidates address digital assets. “Candidates who champion digital asset policy and financial privacy don’t have to look far for voter support. It’s already there,” DCG chief policy officer Julie Stitzel said, tying crypto policy to broader concerns about data control and financial privacy. Why timing matters Lawmakers are still hammering out how to regulate crypto, and the DCG poll lands while Congress debates major legislation such as the CLARITY Act, which would seek to define oversight roles for crypto markets. Industry stakeholders have pushed hard for clarity: Coinbase, Ripple and more than 200 crypto groups have urged Senate leaders to schedule a vote on the bill. The political and financial stakes are mounting. Reports have noted strategic moves across the sector — including one report that Galaxy Digital lowered its 2026 approval odds to 60% as the Senate calendar tightens ahead of the August recess — and crypto-backed political spending is already flowing. Fairshake-linked groups, for example, have spent millions in primary races as digital asset policy becomes a sharper dividing line in Washington. A nuanced landscape The DCG findings point to growing interest, but other surveys temper the picture. A Politico/Public First poll previously found only 4% of Americans said a candidate’s crypto stance would shape their vote. Pew Research Center data shows 19% of U.S. adults have used or invested in cryptocurrency, with Republican adoption rising from 16% in 2021 to 22% in 2026 while overall usage remains broadly stable. What it means For campaigns, regulators and industry groups, the poll suggests two trends to watch: growing public appetite for financial privacy and an expanding portion of the electorate paying attention to crypto policy. As Congress weighs bills like the CLARITY Act and industry lobbying intensifies, digital assets are likely to play a more visible role in the months ahead — even as they compete with broader economic concerns for voters’ attention. Read more AI-generated news on: undefined/news

Macro strategist Luke Gromen says Bitcoin’s recent inability to break decisively higher may reflect something deeper than weak spot demand: “paper” Bitcoin — derivatives and synthetics — can absorb buying pressure in the short term the same way options and futures have muted moves in the gold market. Speaking with Nathalie Brunell on June 6, Gromen said he hasn’t materially rebuilt the Bitcoin position he trimmed earlier. “I nibbled a little bit,” he admitted, “but I have not really bought back in in any real way.” He suggested that BTC’s tepid price action could be signaling stresses in liquidity, market structure and the political sensitivity of hard-asset price signals. How “paper” Bitcoin can stall a breakout Gromen doesn’t argue supply has changed — coins still exist — but that demand can be diverted. Instead of buying spot BTC (which removes coins from circulation and tightens the market), buyers can express bullishness by purchasing call options or synthetic exposure. That creates price exposure without the same impact on spot supply. “Somebody wants to own Bitcoin, but they’re not buying Bitcoin. They’re buying a call on Bitcoin,” Gromen said. “If you didn’t have those derivatives there, then if you want to own Bitcoin, you got to own Bitcoin. Now, you can buy a derivative on Bitcoin, and it starts to get sloppier, looser.” He allowed this mechanism can keep Bitcoin stuck in what Brunell called a “$58K to $72K gang for a while” — a remark he said was partly tongue-in-cheek — but warned the effect is mostly a short-term one. Unlike gold, where derivatives have long shaped markets, he doubts such paper suppression can permanently mute Bitcoin’s underlying macro drivers. Bitcoin as a liquidity “smoke alarm” Gromen framed his derivative thesis within a broader macro view: Bitcoin is “one of, if not the last functioning smoke alarm of liquidity,” and its recent weakness, he said, is “telling us not good things.” He sees liquidity being drawn into a narrow set of assets — notably AI-related equities — and into energy and commodities amid geopolitical tensions following the Iran conflict. “AI is sucking all the oxygen out of the room, all the liquidity out of the room,” he said. Because the stock rally is concentrated in a handful of AI-linked names, Bitcoin’s failure to confirm that strength — if BTC is indeed liquidity-sensitive — suggests the market may be less robust than headline indices imply. Policy optics, hard assets and the long view Gromen tied the picture to U.S. policy aimed at running the economy hotter, weakening the dollar and reshoring production — forces that should, in a freer market, benefit gold and Bitcoin. Politically, however, that can be awkward: higher inflation talk creates pressure on Treasury financing and broader optics. His base case is not an outright crash but a change in the measuring stick: equities may rise in nominal dollar terms while falling when priced in gold or Bitcoin, with hard assets outperforming nominal claims. He expects 10-year Treasury yields to remain roughly in the 4%–4.5% range. Bottom line: paper markets can delay and blur Bitcoin’s signal, but in Gromen’s framework they can’t erase the underlying macro pressure forever. “In the short run, they can manage the optics,” he said. “In the long run, they can’t.” At press time, BTC traded near $60,966. Read more AI-generated news on: undefined/news

Il supporto di lunga data di XRP a $1.30 ha finalmente ceduto, facendo scivolare il token verso un nuovo ribasso e riaccendendo il sentimento ribassista nel mercato. Il token legato a Ripple è crollato fino a un minimo settimanale di $1.06 prima di trovare un appiglio attorno a $1.10 — un livello che riporta efficacemente XRP nel territorio dei prezzi del 2021 e cancella gran parte del rialzo visto nei bull run del 2021, 2024 e 2025. Tecnicamente, il movimento sembra preoccupante. XRP è scivolato al di sotto delle medie mobili a 50 e 200 giorni, un segnale ribassista classico che spesso scatena cadute di stop-loss e accelera le vendite. Il mercato crypto più ampio è stato anche sotto pressione questa settimana — anche Bitcoin è sceso a un minimo annuale vicino a $59,353 — e gli altcoin hanno per lo più seguito lo stesso trend. Gli osservatori del mercato segnalano ulteriori potenziali ribassi tecnici. Cointelegraph riporta che XRP è sceso al di sotto della linea di tendenza inferiore di una formazione a pennant, e alcuni modelli tecnici proiettano una potenziale discesa verso $0.63 nei prossimi mesi se le vendite continuano. L'analista pseudonimo Egrag Crypto ha ripreso il tono ribassista su X, notando che gli obiettivi ribassisti di $1.27 e $1.10 sono già stati colpiti e segnalando un possibile wick di capitolazione attorno a $0.88 come prossimo rischio. Dato che XRP ha storicamente ritirato verso l'area di $1 dopo rally oltre i $2–$3, i trader che hanno cavalcato i rally precedenti e poi venduto hanno realizzato profitti, mentre i detentori a lungo termine sono ora praticamente tornati vicino al pareggio. Diversi chartisti consigliano cautela: molti raccomandano di evitare nuovi ingressi attorno ai livelli attuali e invece di monitorare zone di accumulo più forti nell'intervallo di $0.80 — con un'accumulazione più profonda potenzialmente attraente più vicino a $0.60 se il momentum peggiora. Cosa tenere d'occhio: conferma del supporto attorno a $1.00–$1.10, se XRP può riprendere le sue medie mobili a 50 e 200 giorni, e la direzione del mercato più ampio guidata da Bitcoin. Come sempre, obiettivi tecnici e previsioni non sono garanzie; la gestione del rischio e la ricerca indipendente rimangono essenziali prima di aprire posizioni. Leggi di più notizie generate dall'IA su: undefined/news

Headline: Dogecoin flashes a buy signal after 31% slide — but bulls still need proof Dogecoin has thrown up a fresh buy signal after tumbling from its May recovery area, but the path back to sustained gains still looks guarded. What happened - On June 11 DOGE traded around $0.085135, up about 2.09% over 24 hours, according to crypto.news market data. The meme coin is still down 4.42% over seven days and 22.54% over the past month. Market cap sits near $13.16 billion, keeping DOGE the 10th-largest crypto. - The Tom DeMark (TD) Sequential — the same indicator that warned of the most recent drop — flipped from sell to buy. Analyst Ali Martinez pointed out the May 7 TD Sequential sell signal that preceded a 31% decline from $0.113 to $0.078. The new TD Sequential buy suggests a rebound “could be around the corner,” though it’s not a standalone confirmation of trend reversal. Technical picture - Price action: DOGE is trading near the $0.080–$0.083 support zone, recently bouncing from a 24-hour low of $0.081923 to a high of $0.085313. Daily trading volume was $654.47 million; daily DOGE volume ~198.61 million tokens. - Momentum: RSI sits near 32.61 (average ~31.46), close to oversold territory. A small RSI uptick indicates selling pressure has cooled, but the indicator remains below 40 — momentum hasn’t turned decisively bullish. - Trend/resistance: The daily chart still shows a broader downtrend from September–October highs around $0.25–$0.30, with a pattern of lower highs and lower lows. Price remains under the Supertrend resistance near $0.09604. A clean move above $0.096–$0.100, ideally accompanied by rising volume, would be the first sign the sell-side structure is weakening. - Key levels: Immediate resistance near $0.096; a break would open $0.100–$0.110. Failure to hold $0.080–$0.083 would hand control back to sellers and revive risk toward lower supports (a previously noted deeper risk zone near $0.067 remains relevant). On-chain and derivatives flow - Whale activity: Reports show whales bought more than 200 million DOGE in one week, and analyst MikybullCrypto called the current range “a good level for accumulation.” Whale buying can help morale, but it’s most effective when paired with spot demand and technical momentum. - Derivatives: Coinglass data showed DOGE derivatives volume rose ~8.8% to $1.47 billion and futures open interest climbed ~2.5% to $1.03 billion. Options volume plunged ~86% to $143.33 (per the source), while options open interest rose ~8.2% to 1.37 million. Higher open interest near support can either fuel a rebound if longs gain traction or amplify liquidations if price breaks lower. - Spot flows: Netflow remained muted at roughly $53,940 — small compared with multi-million-dollar spikes seen during prior selloffs — indicating no heavy spot accumulation or distribution at the moment. Market commentary - Traders caution the TD Sequential’s new buy signal is an encouraging early sign but not a guarantee. As Javon Marks noted, DOGE is “holding an explosive structure” and could follow broader altcoin moves if key patterns pivot bullish — but price confirmation is still missing. Bottom line Dogecoin’s TD Sequential flip to buy gives bulls a short-term opening, but the daily chart remains under pressure. For a convincing turnaround traders will want to see DOGE hold $0.080–$0.083, push above $0.096 with rising volume, and then target $0.100–$0.110. Failure to defend current support could reopen downside toward earlier risk levels. Disclosure: This article is for informational and educational purposes only and does not constitute investment advice. Read more AI-generated news on: undefined/news

South Korean police have booked Bithumb CEO Lee Jae-won as a bribery suspect in an investigation into alleged job-for-favors tied to the son of independent lawmaker Kim Byung-kee, Yonhap News reported June 11. The Seoul Metropolitan Police Agency’s Public Crime Investigation Unit is probing whether Lee arranged employment at Bithumb after a request from Kim and whether any subsequent parliamentary activity by the lawmaker benefited the exchange. What investigators are examining - Police say a former aide told them Kim met Lee at a Mapo restaurant in November 2024 and raised the employment request for his second son. Investigators obtained that aide’s statement during the inquiry. - Kim served on the National Assembly’s Political Affairs Committee, which oversees the Financial Services Commission. Authorities are reviewing whether Kim’s parliamentary work on crypto-related matters—reportedly including “monopoly issues” involving Dunamu, the operator of rival exchange Upbit—was linked to the alleged hiring request. - The probe also covers a separate allegation that Kim sought a job at Bithumb for a former aide; that aide reportedly joined the exchange in September 2025. - Police executed a second search warrant on June 8 that named Lee as a suspect and included searches at Bithumb’s Gangnam headquarters and other locations. In February, police had already listed Kim as a bribery suspect while treating Bithumb as a witness. Next steps and legal status Investigators are reviewing seized materials and are expected to summon the former aide and others connected to the hiring decisions to clarify who knew what and when. The probe is ongoing; police have not issued final findings and the allegations against Lee, Kim and others have not been proven in court. Context for the crypto sector The case lands amid a challenging period for Bithumb. South Korean regulators fined the exchange 36.8 billion won (about $24.5 million) for anti-money-laundering violations earlier this year. Bithumb also suffered an internal error in February that briefly credited users with enormous Bitcoin balances, and the firm has postponed its IPO until after 2028 while working to strengthen accounting and internal controls. Why it matters The investigation highlights continuing scrutiny of ties between political actors and major crypto platforms in South Korea. Any findings of illicit influence or preferential treatment could deepen regulatory pressure on exchanges and affect public and investor confidence in the country’s crypto market. Reporting is based on Yonhap’s accounts; authorities’ investigations are ongoing and the individuals named are presumed innocent until proven guilty. Read more AI-generated news on: undefined/news

Ethereum è bloccato sotto i $1.700 mentre il mercato oscilla tra apatia e incertezza, producendo un'azione di prezzo lenta piuttosto che movimenti decisivi. Sebbene il grafico sembri sottotono, nuove informazioni on-chain da Arkham evidenziano un flusso istituzionale notevole che aggiunge uno strato significativo alla storia: tre indirizzi di balene — due di essi creati di recente — hanno prelevato un totale di $122,29 milioni in ETH da FalconX e Kraken. Perché è importante - I luoghi coinvolti non sono casuali: FalconX è un broker primario istituzionale regolamentato utilizzato da attori sofisticati, e Kraken è uno degli exchange più affermati. Prelievi a questa scala da questi luoghi indicano operazioni istituzionali deliberate, non churn retail. - Due dei tre indirizzi destinatari sono stati creati di recente. Le istituzioni comunemente impostano nuovi wallet quando vogliono sicurezza operativa, per separare le riserve di tesoreria dall'inventario di trading, o per stabilire la custodia per un immagazzinamento a lungo termine. Quel comportamento segnala fortemente l'intento di detenere piuttosto che di rivendere nel mercato. Una convinzione sotto pressione I dati di Arkham mostrano che uno degli indirizzi che ha prelevato si trova su una perdita non realizzata di circa $9,1 milioni — eppure invece di ridurre l'esposizione, il titolare ha spostato più ETH fuori dall'exchange in custodia. Quel modello è importante: non è il comportamento di un venditore che si arrende alle perdite, ma di un partecipante orientato all'accumulo che accetta perdite cartacee per mantenere o aumentare una posizione strategica. Arkham ha speculato su una possibile connessione con Tom Lee, e il comportamento corrisponde a ciò che Bitmine ha eseguito pubblicamente: Bitmine sta lavorando verso un obiettivo di fornitura di ETH del 5%, attualmente detenendo circa $9,32 miliardi di ETH (4,59% dell'offerta circolante) e rapporti indicano che ha bisogno di circa $819,86 milioni in più per raggiungere quel traguardo. Indipendentemente dal fatto che gli indirizzi di Arkham siano legati a quelle entità, la conclusione più ampia è la stessa: i partecipanti di scala istituzionale sembrano assorbire perdite non realizzate e spostare ETH in custodia piuttosto che uscire. Immagine dei prezzi e contesto tecnico - ETH è sceso decisamente sotto il supporto di febbraio vicino a $1.800–$1.900, un livello che era stato un punto di ancoraggio nel 2026. Quella rottura ha accelerato le vendite e ha spinto il prezzo verso la regione di $1.500; ETH sta negoziando intorno a $1.620 dopo il movimento. - Dalla cima di maggio (~$2.400) il grafico mostra una chiara sequenza di massimi e minimi inferiori. Il fallimento nel mantenere $1.850 ha portato a una rottura ad alto volume sotto medie mobili principali. - Le medie mobili a 50 giorni e 100 giorni sono inclinate verso il basso sopra il prezzo attuale; la media mobile a 200 giorni si trova vicino a $2.450 e rimane ben fuori portata. Il momentum su più timeframe è decisamente ribassista. - La chiave tecnica immediata: il recente minimo vicino a $1.500 ha finora tenuto come supporto. A meno che ETH non riesca a riprendere la zona di $1.850, il rimbalzo attuale sembra un rally di sollievo all'interno di una tendenza ribassista più ampia piuttosto che l'inizio di un recupero sostenibile. Cosa guardare dopo - Flussi on-chain e saldi degli exchange: prelievi continui verso nuovi wallet di custodia rafforzerebbero la tesi di accumulo; aumenti nei flussi in entrata sugli exchange suggerirebbero una rinnovata pressione di vendita. - Riprendere $1.850 (per cambiare struttura) o una rottura decisiva sotto l'area di $1.500 (per confermare ulteriori ribassi). - Come si evolvono i movimenti della tesoreria istituzionale e i programmi pubblici di accumulo (come quello descritto da Bitmine) in mezzo a una debolezza dei prezzi. Conclusione: l'azione dei prezzi rimane debole e tecnicamente ribassista, ma il comportamento on-chain — grandi prelievi istituzionali in nuovi wallet di custodia, inclusi indirizzi che detengono perdite non realizzate — suggerisce uno strato di accumulo strategico che il grafico dei prezzi deve ancora riflettere completamente. Quella divergenza tra la convinzione on-chain e il sentimento di mercato è una storia da tenere d'occhio per i trader e gli investitori a lungo termine.

Nigel Farage has quietly slipped back into the spotlight — but he still ducked the most awkward question about a £5m gift from a crypto billionaire. Seven weeks after reports emerged that Farage accepted a £5m personal payment from an unnamed crypto investor, the Reform UK leader has been conspicuously scarce on mainstream TV and press. Meanwhile, AI-generated fakes of Farage have proliferated online, including a bogus clip shown on BBC’s Question Time portraying him as violent. The combination of a large crypto-linked donation and viral AI misinformation has put Farage’s usual media-first playbook under strain. Instead of a broad media tour, Farage has limited his outreach to a handful of interviews with sympathetic outlets. He told the Telegraph the money was needed for security, told the Sun it was a “reward for Brexit,” dismissed the controversy on Sky News as a “waste of time,” and claimed to the Mail on Sunday — without presenting evidence — that Russian hackers were behind the leak. Beyond those selective appearances he largely stayed away from TV studios, cancelled a rally in Sunderland and preferred short social videos, including a controversial clip calling for “pure, cold rage” after the murder of Henry Nowak. Reform UK itself went nearly 50 days without a press conference, saying it wanted to demonstrate the party was more than a Farage-driven one-man show and pointing to dwindling press attendance. Deputy leader Richard Tice, grilled at a Wednesday press event about Farage’s absence, insisted the leader was not dodging accountability — but the optics of silence have been damaging. Politically, the retreat has cost Reform momentum. The party surged in the 7 May local elections, taking 14 councils and more than 1,000 seats, but has since ceded ground to Restore Britain, an even harder-right group led by Rupert Lowe that champions “remigration.” Farage’s hiatus ended Wednesday with an abrupt reappearance in Makerfield — a tightly stage-managed outing announced on social media with just an hour’s notice. He joined byelection candidate Robert Kenyon to unveil a pro-tradesmen plank aimed at easing red tape facing white-van small businesses, and suggested Restore Britain’s rise was fuelled in part by promotion on X under Elon Musk. Only select media were allowed in; The Guardian was reportedly barred from questioning because it lacked accreditation on arrival. As a result Farage faced no questions about the Harborne-linked donation. The few queries from the Daily Mail focused instead on Restore Britain’s extreme views and whether Labour’s Andy Burnham was avoiding scrutiny. Broadcasters were preoccupied with other breaking stories, including violence in Belfast and controversial social posts by the Makerfield candidate. For a politician who has long specialised in occupying airwaves and manufacturing controversy, staying out of sight has been unusual — and costly. His sudden return looks driven by pressure over his absence, but given the stakes — a large, opaque payment from a crypto billionaire, viral AI fakes, and growing competition from the far right — it will be difficult for Farage to avoid sustained scrutiny for much longer. Read more AI-generated news on: undefined/news

Titolo: XRP scivola sotto $1.13 mentre i ribassisti pressano il prezzo — ecco cosa dovrebbero osservare i trader XRP è diventato rosso dopo non essere riuscito a mantenere sopra la zona di $1.1550, unendosi a Bitcoin ed Ethereum in un ritiro più ampio. Il token è sceso sotto $1.150 e $1.142 prima di stabilizzarsi sotto $1.135 e la Media Mobile Semplice a 100 ore sul grafico orario (dati di Kraken). Una linea di tendenza ribassista si sta ora formando, con una resistenza immediata vicino a $1.120. Perché è importante - Il movimento ha cancellato il ritracciamento di Fibonacci del 50% dell'aumento recente dal minimo swing di $1.050 al massimo di $1.1862, segnalando una perdita di slancio rialzista a breve termine. - I tori stanno difendendo l'area di $1.10, ma il fallimento nel recuperare $1.135 potrebbe aprire la porta a ulteriori debolezze. Livelli chiave da osservare - Resistenza immediata: $1.120 (linea di tendenza), poi $1.135. Sopra $1.135, gli obiettivi includono $1.1420, $1.1550, $1.1650 e il prossimo ostacolo importante vicino a $1.1840. - Supporto immediato: $1.10, poi $1.08 (anche il 76.4% di Fib del movimento $1.050–$1.1862). Una rottura decisiva e una chiusura sotto $1.08 potrebbero spingere XRP verso $1.0650, $1.050 e potenzialmente $1.02 — con $1.00 come test psicologico su perdite prolungate. Panoramica tecnica (oraria) - MACD: Perdita di slancio nella zona ribassista. - RSI: Trading sotto 50, indicando un bias ribassista. - Media mobile: Prezzo sotto la SMA a 100 ore. In sintesi Il bias a breve termine di XRP si è spostato verso il basso a meno che gli acquirenti non possano recuperare e mantenere sopra $1.135. I trader dovrebbero monitorare attentamente l'area di supporto $1.10–$1.08 per segni di stabilizzazione o di rottura. Leggi di più notizie generate dall'IA su: undefined/news

Ripple’s XRP Ledger (XRPL) has seen a sudden burst of stablecoin activity, with on-chain data showing a roughly 22% uptick in supply over the past week — a sign that liquidity and capital flows are increasingly heading to the network even as XRP’s market price softens. What the data shows - Market analyst Xaif Crypto posted on X that XRPL’s on-chain stablecoin supply climbed about 22% in seven days, bringing the total to roughly $762 million. That increase places the XRPL among the top blockchains by stablecoin supply, currently ranking 15th. - XRP community commentator Diana highlighted the same surge, estimating that more than $142 million flowed into the XRPL within the week. She also reported that stablecoin liquidity on the ledger has more than doubled over the past 30 days, suggesting the recent jump is part of a broader trend. How XRPL stacks up Analysts and advocates are pointing to XRPL’s week-over-week gains as notable versus larger networks. According to the figures cited: - Ethereum’s stablecoin supply fell about 2.05% over the same period, - Tron declined roughly 0.51%, - XRPL posted a 22.87% increase, making it one of the strongest performers among major chains this week. Why it matters Stablecoins are commonly used as a proxy for available liquidity and transaction-ready capital on blockchains. A rising stablecoin supply can indicate growing usage for payments, trading, and DeFi activity — and it can make a network more attractive to projects and institutions looking for on-chain liquidity. The recent acceleration on XRPL suggests the ledger is capturing a larger share of that liquidity pool and becoming more competitive with established players. Price context and outlook Despite the inflows, XRP’s market price remains under pressure. CoinMarketCap data shows XRP trading near $1.10, down about 5% in the last 24 hours and roughly 10% across the past week. Still, optimism persists among some market commentators: analyst Tom has argued that if the CLARITY Act or other regulatory developments spur greater institutional adoption, XRP could see a dramatic rally — he projected a potential move into the $15–$18 range, a more than 1,100% increase from current levels. That view is speculative and contingent on policy outcomes and broader market dynamics. Bottom line XRPL’s recent surge in stablecoin supply is a meaningful on-chain signal of growing liquidity and interest, positioning the ledger as a rising contender in the stablecoin ecosystem. Whether that on-chain momentum translates into sustained network growth or a rebound in XRP’s price will depend on adoption trends, regulatory developments, and broader market forces in the weeks and months ahead. Read more AI-generated news on: undefined/news

Sentiment across prediction markets, on-chain dashboards and technical indicators is tilting bearish: many Bitcoin investors are braced for another leg down despite BTC’s recent rebound above $60,000. What the markets are pricing - Crypto analyst Winter Soldier highlights that roughly two-thirds of orders on prediction markets are wagering on a meaningful drop — about 64–65% of bets are positioned for Bitcoin to fall below $50,000 this year. - Polymarket echoes the downside bias, pricing roughly a 64% probability that BTC will hit $55,000 or lower before the end of 2026. Why traders are nervous - Winter Soldier draws a parallel to the last cycle, when many traders assumed $28,000 would be the final low — only for BTC to sink to $19,000 and then $15,000 before sentiment finally turned. That experience is driving caution now: a retracement into the $35,000–$38,000 range from current levels is still considered possible by some analysts. - Historically, Bitcoin plunged roughly 78% in the prior bear market before the next major expansion. This cycle could be shallower thanks to ETFs and greater institutional participation, but those structural changes do not guarantee that $50,000 should automatically act as the floor. On-chain and indicator context - A popular logarithmic “rainbow” valuation indicator has BTC in its “BUY!” band. Bitcoin has spent 24 days in that band versus an average of 18 days, suggesting it may be trading at a discount relative to the long-term trend. - The same chart shows only a 5.5% drop to its lower band and a 27.2% rise to the upper band — another signal that price is nearer historical lows than highs. Technical picture: no confirmed bottom yet - Despite value-based signals, price structure has not confirmed a bullish reversal: heavy red candles, lower highs and lower lows, and persistent sell volume point to continued supply and weak demand. - Analysts warn that a bounce into the $65,000–$66,000 range could simply be a bull trap — a short-term rally that gathers sellers and precedes another leg down. Bottom line The consensus among a sizable bearish camp: expect at least one more painful leg lower to around $50,000, with some analysts even calling for a final bottom below that level. Traders should watch prediction-market odds, on-chain flows, volume and clear technical confirmations before concluding that the cycle’s low is in. Read more AI-generated news on: undefined/news

SpaceX’s massive $75 billion IPO could siphon liquidity from the crypto market and put fresh selling pressure on Bitcoin, analysts warn. According to Reuters, the rocket maker has earmarked up to 30% of the offering — roughly $22.5 billion in shares — for retail investors. That allocation, market participants say, could prompt some investors to rotate cash out of higher-risk assets like Bitcoin and into the IPO or other equity trades. “Crypto is a funding currency for a lot of this,” said Spencer Hallarn, global head of over-the-counter trading at GSR, noting the IPO’s funds “have got to come from somewhere.” Hallarn argued that a blockbuster tech debut tied to a household name is likely to pull capital out of crypto at least initially, because both markets compete for similar speculative dollars. Others echo that view. Thomas Puech, CEO of crypto trading firm INDIGO, said investor appetite has shifted toward AI-related plays, which he called the “sexier” trade compared with crypto right now. Market analyst David Morrison of Trade Nation added that “Bitcoin has lost its luster and novelty for many investors,” a trend the SpaceX story could accelerate. Flows data also indicate the pressure is already under way. Sui Chung, CEO of CF Benchmarks — which provides indexes for several crypto ETFs — said outflows from those funds surged to more than $2 billion in May. BTC is trading around $62,136, roughly 50% below its all-time high of $126,000 quoted in the report, according to CoinGecko. Chung suggested much of the money leaving crypto is moving into equities, though he warned it’s not guaranteed to land directly in SpaceX. With more high-profile IPOs expected and renewed caution around interest rates, analysts say the near-term backdrop for crypto looks challenging. “We don’t see meaningful tailwinds soon,” Hallarn said, adding that the current environment “does not look particularly supportive.” For traders and investors, the SpaceX IPO could be another catalyst that nudges capital away from crypto and into traditional markets in the short term. Read more AI-generated news on: undefined/news

Delaware moves to outlaw crypto ATMs, citing surge in kiosk-related fraud Delaware lawmakers on Tuesday advanced House Bill 441, a measure that would impose a statewide ban on cryptocurrency kiosks — the standalone machines that let people buy (and sometimes sell) bitcoin and other digital assets for cash. Sponsors framed the bill as a consumer-protection move aimed at curbing what they called “predatory” practices tied to the machines. Representative Cyndie Romer, chair of the House Technology & Telecommunications Committee and the bill’s sponsor, argued the kiosks prey on less-informed users and carry dramatically higher fees than conventional platforms. “These kiosks reduce digital currency to a predatory cash grab,” Romer said, noting that crypto-ATM fees can hit “upwards of 20% of the value of the transaction,” compared with “0.4% to 1% in fees for online exchanges.” “There is no reason to support a business structure that enables scammers to extort money from our most vulnerable populations,” she added. Senate sponsor Spiros Mantzavinos called the ban a “responsible measure” to address growing kiosk-enabled fraud as cryptocurrency use spreads. Delaware Attorney General Kathy Jennings echoed that warning, calling the machines “deceptively benign” and “tailor-made to defraud consumers.” AARP Delaware’s state director, Lucretia Young, warned that seniors are being disproportionately targeted: “Many Delawareans who were convinced by scammers…have deposited money into these kiosks,” she said, adding that losses are often unrecoverable. Law-enforcement data cited by lawmakers underscores their concerns. The FBI reportedly received more than 13,400 complaints involving cryptocurrency kiosks in 2025 — a 23% increase in complaints and a 58% jump in losses year‑over‑year. If enacted, House Bill 441 would force existing machines to stop operating immediately and require their physical removal within 90 days. The measure now moves to the Delaware Senate for consideration. Delaware’s proposal fits a broader national trend toward stricter oversight or outright bans of crypto kiosks: since 2023, thirty states have passed legislation related to crypto ATM regulation, and Indiana, Tennessee and Minnesota have already adopted statewide bans. With reported fraud losses climbing, more states appear to be weighing strong action against these machines. Read more AI-generated news on: undefined/news