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Bitcoin Rodney Pleads Guilty in Connection With $1.8 Billion HyperFund Fraud
- A Florida man pleaded guilty to a conspiracy charge tied to a $1.8 billion crypto fraud scheme.
- HyperFund promised daily returns from crypto mining operations that never actually existed.
- Burton took over $7.8 million from the unlicensed money transmitting business and faces up to five years in prison.
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Experts Suggest No Altcoin Season Until Money Printing Returns
- The Altcoin Season Index reads 49, confirming there is no altcoin season.
- Crypto Kid calls altcoins trophy assets that bleed against Bitcoin.
- Player1Taco backs AI, decentralized AI, RWAs, and DePIN as runners.
IEA Sees Major 2027 Oil Overhang as Supply Outpaces Demand: What Does it Mean for Crypto?
- The IEA expects an oil supply glut in 2027 as output surges past demand.
- Global supply could jump by 8 mb/d to 110.3 mb/d while demand lags.
- Cheaper crude could cool inflation, easing Fed policy and aiding Bitcoin.
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Bipartisan Senators Push Back on Bankman-Fried Pardon Bid With Resolution
- Senators Gallego and Lummis introduced a resolution opposing any Bankman-Fried pardon.
- Bankman-Fried filed a pardon petition with the DOJ, now listed as pending.
- The resolution affirms his 25-year FTX fraud sentence stands.
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Compare the best unified crypto data APIs in 2026. Wallet, portfolio, DeFi, market data, and AI-ready endpoints reviewed for developers and product teams.
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Spain Ex-PM Zapatero Denies Bailout Scheme as Court Hunts His Crypto
- Zapatero denied orchestrating the Plus Ultra bailout scheme at his June 17 hearing.
- He faces influence peddling, money laundering, tax fraud, and smuggling charges.
- A judge has authorized seizing any Bitcoin and Litecoin tied to him.
Deutsche Bank and the Smart Money are at War Over Micron (MU) Stock
- Deutsche Bank lifted its Micron stock target to $1,500, one of at least six banks raising targets ahead of June 24 earnings.
- Micron leads the entire chip sector on relative strength and shows the second-strongest institutional accumulation in the group, behind only AMD.
- Crypto smart money holds a near-term short on Micron, the second-largest chip short, hinting at a pause after the parabolic run.
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Tokenized Stocks and Bonds Move Toward Crypto’s Strongest Institutional Product
- Tokenized securities add value through global distribution, programmable ownership, collateral mobility, and more efficient settlement, while extended trading hours remain only one part of the appeal.
- Crypto exchanges and fintech apps may lead early adoption because they can reach global users quickly, while banks and traditional brokerages can bring the largest investor pools over time.
- Investor protection depends on precise rights, including redemption, dividends, coupons, voting access, corporate actions, and legal claims on the underlying asset.
Kevin Warsh Sends Bitcoin and Gold Lower in First FOMC Press Conference: What Did He Say?
- Gold and Bitcoin prices plunged after Kevin Warsh's first press conferences as Fed chair.
- The Fed held rates at 3.50-3.75%, removed forward guidance for simpler statement.
- Hawkish dots (9 see 2026 hike) triggered risk-off selloff in gold/BTC.
