Skip to main content
EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

| JUAN MENDE |
The European Commission proposed the 21st sanctions package focusing on energy, finance, crypto, trade, and fisheries. Measures include transaction bans on additional Russian banks and 20 third-country entities, including crypto platforms. For the first time, the EU eyes a full ban on crypto-asset services from non-EU countries hosting evasion platforms. The move aims to close loopholes amid rising illicit crypto volumes linked to…

US Inflation Hits 4.2% in May as Fed Rate Cut Hopes Dwindle Ahead of FOMC Meeting

The U.S. Labor Department announced Wednesday that the consumer price index (CPI) rose 0.5% in May over April. While the monthly increase was expected by consensus forecasts, the annualized headline inflation…

Crypto Markets Face Sharp De-Risking Cascade as U.S.-Iran Military Tensions Escalate

Bitcoin sank to an intraday low of $60,892 following news of retaliatory U.S. military strikes against Iranian targets near the Strait of Hormuz. The geopolitical flare-up triggered $664.86 million in total cr…
EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

The European Commission proposed the 21st sanctions package focusing on energy, finance, crypto, trade, and fisheries. Measures include transaction bans on additional Russian banks and 20 third-countr…
June 9, 2026

MicroStrategy Resumes Accumulation with $101 Million Bitcoin Buy, Boosts Cash Reserve to $1 Billion

MicroStrategy purchased 1,550 bitcoin for approximately $101.3 million between June 1 and June 7, averaging $65,332 per coin. The acquisition follows a controversial 32 BTC sale the prior week, which was executed to fulfill preferred stock dividend obligations. The company simultaneously bolstered its specialized U.S. dollar reserve to $1 billion, significantly reducing the risk of near-term liquidations. MicroStrategy has resumed its aggressive…
June 9, 2026

Humanity Protocol Hit by $32M Private Key Exploit as H Token Crashes

Around 17 wallets interacting with Humanity Protocol were drained for over $32 million in an ongoing exploit. Founder Terence Kwok confirmed a private key compromise of a Humanity Foundation member. The H token crashed up to 90%, trading near $0.13 after selling pressure from stolen and minted tokens. The project urged users to avoid bridges and liquidity pools while investigations continue. Humanity Protocol, a decentrali…
June 8, 2026

Bitcoin Bounces Toward $64,000, Triggering Millions in Short Liquidations

Bitcoin rallied sharply toward the $64,000 mark on Monday, recovering from a recent slide that briefly dragged the premier cryptocurrency below $60,000. The rapid upward movement caught bearish traders off guard, setting off a swift short squeeze that wiped out roughly $320 million in short positions within a 15-minute window. This rebound offers some relief to bulls after a highly volatile stretch that saw heavy liquidations across derivatives…
More featured news
Bitcoin Reclaims ,000 in Oversold Relief Rally as Geopolitical Tensions and Asian Markets Roil Sentiment

Bitcoin Reclaims $63,000 in Oversold Relief Rally as Geopolitical Tensions and Asian Markets Roil Sentiment

Bitcoin recovered above $63,000 in a classic oversold relief rally after a sharp weekly decline, trading around $63,200-$63,400 as of early Jun…
Crypto's Worst Week Since July 2024, Over .2 Billion in Positions Liquidated

Crypto’s Worst Week Since July 2024, Over $1.2 Billion in Positions Liquidated

Bitcoin fell sharply this week, trading near or below the $60,000 psychological level — its weakest prints in months — as the broader market sh…

Strategy Falls Out of Top 200 Largest U.S. Companies Amid Bitcoin Volatility

Strategy Inc. has slipped out of the top 200 U.S. public companies by market capitalization as its valuation declined to approximately $47.9 billio…
Major U.S. Banks, Including JPMorgan and Citi, Plan Shared Tokenized Deposit Network to Compete With Crypto

Major U.S. Banks, Including JPMorgan and Citi, Plan Shared Tokenized Deposit Network to Compete With Crypto

Major U.S. banks plan a tokenized deposit network operated by The Clearing House, targeting launch in first half of 2027. The initiative con…

Cardano Analytics Platform TapTools to Shut Down as Founder Warns of Ecosystem ‘Wave of Failures’

TapTools, a major analytics and data platform for Cardano, announced it will cease operations within the next two weeks. The decision follows a sever…
Bitmine Launches 9.5% Preferred Stock Offering to Fuel Ethereum Treasury Strategy Amid Billion Unrealized Losses

Bitmine Launches 9.5% Preferred Stock Offering to Fuel Ethereum Treasury Strategy Amid $9 Billion Unrealized Losses

Bitmine plans to raise up to $300 million through 3 million shares of 9.5% Series A Perpetual Preferred Stock. Proceeds targeted for additio…
US Sanctions Target Iran's Largest Crypto Exchanges Amid Bitcoin Market Turmoil

US Sanctions Target Iran’s Largest Crypto Exchanges Amid Bitcoin Market Turmoil

U.S. Treasury sanctions Nobitex, Wallex, Bitpin, and Ramzinex for alleged ties to IRGC and sanctions evasion. Bitcoin dips amid broader mark…
Strategy Sells First Bitcoin Since 2022 to Fund Preferred Stock Distributions

Strategy Sells First Bitcoin Since 2022 to Fund Preferred Stock Distributions

Strategy sold 32 BTC for approximately $2.5 million at an average price of $77,135 per bitcoin between May 26 and May 31. The sale reduces h…

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.