AI Summary
- The crypto industry is experiencing significant shifts as regulatory discussions advance and market dynamics fluctuate.
- Global sanctions have led to unprecedented levels of illicit cryptocurrency transactions, with nearly 80,000 sanctioned entities reported, signaling growing scrutiny on crypto for illegal activities.
- Major financial institutions are making strides in the crypto space; Bank of America has upgraded Coinbase, forecasting a strong future role for Bitcoin, while Morgan Stanley is poised to launch a digital asset wallet.
- Bitcoin's market performance remains volatile, recently testing support levels around $90,000, while analysts predict that upcoming stability and institutional involvement could trigger a new rally.
- In regulatory news, important developments are unfolding in the U.S. as lawmakers advance discussions on crypto bills, including proposals for a strategic Bitcoin reserve in Florida and increased clarity surrounding prediction markets and stablecoin structures.
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Sources
Cointelegraph
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Global sanctions fuel record flow to illicit crypto addresses
an hour ago
by Cointelegraph by Stephen Katte
The Global Sanctions Inflation Index estimated there were just under 80,000 total sanctioned entities and persons globally as of May 2025.
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Bitcoin to hit $2.9M by 2050 as it muscles into global trade: VanEck
an hour ago
by Cointelegraph by Brayden Lindrea
VanEck analysts said Bitcoin could handle 5–10% of global trade and make up 2.5% of central bank reserves by 2050, driving its strategic role as a monetary hedge.
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Coinbase lands 2nd ‘buy’ rating in a week, with BofA seeing 38% upside
2 hours ago
by Cointelegraph by Brayden Lindrea
Bank of America has upgraded Coinbase's rating on reversing short interest and tax-loss harvesting, while the exchange is broadening its vision to put the financial system onchain.
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Revived NY bill targets sports, politics and death prediction markets
2 hours ago
by Cointelegraph by Jesse Coghlan
New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others.
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Nexo to offer zero-interest crypto lending for BTC and ETH holders
5 hours ago
by Cointelegraph by Nate Kostar
The offering expands Nexo’s structured lending products to Bitcoin and Ether holders amid a broader recovery in crypto-backed lending.
CoinDesk
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Bitcoin holds near $91,000 as market awaits Trump tariff ruling: Asia Morning Briefing
2 hours ago
by Sam Reynolds
Markets, btc, ETH, NewsPrediction markets see low odds of a clear Supreme Court ruling on tariffs, a setup that has previously triggered short-term volatility in bitcoin, which then stabilized.
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Trump says he won't rescue Sam Bankman-Fried with pardon
5 hours ago
by Jesse Hamilton
Policy, Sam Bankman-Fried, Donald Trump, FTX, Trump pardon, NewsThe president told the New York Times he won't pardon ex-FTX CEO SBF, nor will he be granting help to Sean Combs or Venezuela's Nicolás Maduro.
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Bitnomial wins U.S. regulator's nod on prediction markets push, joins growing crowd
6 hours ago
by Jesse Hamilton
Policy, Bitnomial, U.S. Commodity Futures Trading Commission, Prediction Markets, NewsU.S. derivatives platform and clearinghouse is focusing on prediction contracts targeted at digital assets movements and economic indicators.
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Bank of America upgrades Coinbase to 'buy' as exchange moves beyond crypto
7 hours ago
by Helene Braun
Markets, Coinbase, NewsBank of America said it recommended investors buy Coinbase's stock, pointing to its new products including weekday equities trading and prediction markets.
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‘Deeply undervalued’ bitcoin faces continued bear market with no clear upside catalyst
8 hours ago
by Helene Braun
Markets, Bitcoin News, market analysis, NewsExperts say the next major rally may come only when long-term holders are exhausted, and true institutional capital enters the market.
Decrypt
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Iran’s Internet Traffic Drops to 'Near Zero' as Protests Intensify
2 hours ago
by Jason Nelson
TechnologyCloudflare data shows a near-total blackout as demonstrations calling for regime change spread and authorities tighten control.
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Trump Rules Out Pardon for FTX Founder Sam Bankman-Fried: NYT
2 hours ago
by Vince Dioquino
Law and OrderTrump was responding to a reporter who also asked about pardon requests for other high-profile figures, including Sean “Diddy” Combs.
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Wall Street, Crypto Leaders Make 'Progress' on Crypto Bill in Private Meeting: Sources
4 hours ago
by Sander Lutz
Law and OrderLeaders of a major Wall Street trade group and DeFi-focused crypto leaders are trying to hash out key disagreements before the market structure bill faces a do-or-die Senate vote next week.
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Ethereum Treasury Firm SharpLink Stakes $170 Million of ETH on Linea
6 hours ago
by Logan Hitchcock
BusinessPublicly traded Ethereum treasury firm SharpLink Gaming staked $170 million worth of ETH on Ethereum layer-2 scaling network, Linea.
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Boston Dynamics Unveils First Commercial Atlas Humanoid Robot
6 hours ago
by Jason Nelson
Artificial IntelligenceBoston Dynamics said manufacturing on its humanoid Atlas robots will begin immediately, with all 2026 deployments already reserved.
AMBCrypto
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‘Increasing Ethereum’s bandwidth is safer’ – Vitalik Buterin explains why
2 hours ago
by Ishika Kumari
Ethereum, News, News 1, Social, Trading ViewButerin argues bandwidth, decentralization, and Layer 2s will define its long-term dominance.
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Hyperliquid: How whale transfers have stressed HYPE’s fragile price structure
3 hours ago
by Evans Boto
Altcoin, News, News 1, Social, Trading ViewHYPE price remains capped, with controlled downside dominating near-term structure.
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TRON is growing fast, but TRX isn’t rising at all – Why?
4 hours ago
by Samyukhtha L KM
Altcoin, News, News 1, Social, Trading View, ambcryptoAll the king's horses and men couldn't lift up the native token's price.
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Can Bitcoin price hold $90K after $729M in BTC ETF outflows?
5 hours ago
by Benjamin Njiri
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoHere's why the ongoing price consolidation is good for BTC.
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Truebit protocol confirms security incident as exploit drains over $26m in ETH
5 hours ago
by Adewale Olarinde
DeFi, News, News 1, Social, Trading ViewTruebit has acknowledged a security incident involving one of its smart contracts after attackers exploited a pricing flaw to drain more 8,000 ETH.