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Posts by bitunikey@gmail.com

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Abracadabra’s MIM crisis deepens as dollar peg breaks again
Posted inCryptocurrency

Abracadabra’s MIM crisis deepens as dollar peg breaks again

Abracadabra has started emergency measures after Magic Internet Money, its dollar-pegged MIM stablecoin, slid sharply below its $1 target.  Summary MIM’s 50% slide pushed Abracadabra into emergency rate hikes across…
Posted by bitunikey@gmail.com June 25, 2026
Cathie Wood predicts inflation collapse as Fed hike fears grow
Posted inCryptocurrency

Cathie Wood predicts inflation collapse as Fed hike fears grow

Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. Summary Cathie Wood says underlying…
Posted by bitunikey@gmail.com June 24, 2026
Michelle Bond loses dismissal bid as FTX-linked trial nears
Posted inCryptocurrency

Michelle Bond loses dismissal bid as FTX-linked trial nears

Michelle Bond has lost her bid to dismiss criminal charges, with a federal judge setting her trial to begin on Nov. 9 after rejecting arguments tied to her husband Ryan…
Posted by bitunikey@gmail.com June 24, 2026
Kalshi blasts Illinois sports betting law with fresh lawsuit
Posted inCryptocurrency

Kalshi blasts Illinois sports betting law with fresh lawsuit

Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses before operating. Summary Kalshi has…
Posted by bitunikey@gmail.com June 24, 2026
World equips AI agents with human credentials to fight bots
Posted inCryptocurrency

World equips AI agents with human credentials to fight bots

World has expanded access to AgentKit, a framework that has enabled verified users to connect AI agents to their digital identities and prove those agents represent real people rather than…
Posted by bitunikey@gmail.com June 24, 2026
Kalshi courts investors at $40B valuation amid lawsuits
Posted inCryptocurrency

Kalshi courts investors at $40B valuation amid lawsuits

Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago.…
Posted by bitunikey@gmail.com June 24, 2026
SpaceX sparks short-squeeze debate as bears pile into SPCX
Posted inCryptocurrency

SpaceX sparks short-squeeze debate as bears pile into SPCX

SpaceX shares have remained under pressure after short interest jumped to 13% of the publicly tradable float while the stock lost more than 25% over the past five trading sessions.…
Posted by bitunikey@gmail.com June 24, 2026
DOJ challenges law enforcement claims over CLARITY Act loopholes
Posted inCryptocurrency

DOJ challenges law enforcement claims over CLARITY Act loopholes

The U.S. Department of Justice has rejected warnings from four major law enforcement organizations, arguing that the CLARITY Act would not weaken criminal investigations and that claims about enforcement loopholes…
Posted by bitunikey@gmail.com June 24, 2026
Bitcoin price breaks below $60K support, can bulls prevent a deeper crash?
Posted inCryptocurrency

Bitcoin price breaks below $60K support, can bulls prevent a deeper crash?

Bitcoin price has fallen to a make-or-break support zone near $59,000 after losing a key Fibonacci level that traders viewed as the last major defense before a deeper selloff. Summary…
Posted by bitunikey@gmail.com June 24, 2026
Bitcoin retests June low after $850M liquidations rock crypto market
Posted inCryptocurrency

Bitcoin retests June low after $850M liquidations rock crypto market

Bitcoin has fallen below $60,000 for a second time this month, triggering more than $850 million in crypto liquidations and sending Strategy shares to an intraday low of $92.28 as…
Posted by bitunikey@gmail.com June 24, 2026

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