CMC Crypto News

Bullish posted a $604.9M Q1 loss as unrealized crypto losses weighed on results despite revenue growth.

Sharplink CEO Joseph Chalom said Ethereum treasury firms are focusing on staking income instead of debt-heavy strategies.

Kraken replaced LayerZero with Chainlink CCIP for wrapped Bitcoin products following the $292M Kelp bridge exploit.

JPMorgan analysts said Ethereum and altcoins may continue underperforming Bitcoin without stronger network activity growth.

The Senate Banking Committee advanced the CLARITY Act, moving US crypto market structure legislation closer to a full vote.

CME Group plans to launch Nasdaq CME Crypto Index futures on June 8 pending regulatory approval.

The T3 Financial Crime Unit froze over $450M in illicit crypto assets tied to scams and criminal activity.

US spot Bitcoin ETFs recorded $635M in outflows, marking the largest single-day withdrawal since January.

Coinbase became the official USDC deployer on Hyperliquid as stablecoin liquidity nears $5B on the platform.

Oobit expanded its crypto payment platform to Colombia as stablecoin spending grows across Latin America.

The CFTC granted prediction market platforms relief from swap reporting rules amid growing regulatory disputes.

DeFi Development Corp reported 108% SOL per share growth while expanding staking and on-chain treasury strategies.

The Bank of England is reviewing proposed sterling stablecoin limits after industry backlash over scalability concerns.

CryptoQuant says Bitcoin has reached a historical bear market resistance zone near its 200-day moving average.

Nakamoto posted a $238.8M Q1 loss as Bitcoin’s 23% decline weighed heavily on its treasury holdings.

BitGo doubled Q1 revenue to $3.8B, but wider Bitcoin-related losses pushed net losses higher year-over-year.

Consensys delayed its planned US IPO to fall 2026 as weak crypto market conditions slowed listing activity.

NUVA launched on Ethereum, bringing access to $19B in tokenized real-world assets tied to Figure Technologies.