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Hong Kong's crypto-asset reporting bill enters legislative review as stablecoin launches near
Crypto exchanges and service providers might soon be required to collect and share tax-residency data on their users in Hong Kong. Hong Kong lawmakers are considering passing a bill that sets up a way for tax authorities to see crypto activity for the first time ahead of the launch of the country’s first regulated stablecoins. ...Cryptopolitan
Sat, Jun 27
GraniteShares brings first U.S. leveraged SK Hynix ETFs closer
GraniteShares plans to create new leveraged exchange-traded funds (ETF) based on SK Hynix stock for trading on U.S. exchanges. These funds will allow U.S. investors access to a rapidly growing Asian memory chip manufacturer whose share price has increased more than 300% in 2026 because of increasing demand for artificial intelligence products. The proposed funds—a...Cryptopolitan
Sat, Jun 27
Apple’s CXMT request tests US restrictions on Chinese chipmakers
Apple is reportedly requesting approval from the White House to buy memory chips produced by ChangXin Memory Technologies (CXMT). The Pentagon lists this firm among the military-linked companies from foreign nations, which means that Apple will have quite a hard time closing this deal. Apple needs to make this request because the increasing cost of...Cryptopolitan
Sat, Jun 27
Anthropic regains limited Mythos 5 access after two-week US government standoff
On June 26, the U.S. Commerce Department approved Anthropic’s request to resume selling Claude Mythos 5 to a select group of U.S. customers, allowing Anthropic to have its previous export-control order partially reversed. Two weeks prior to this order, the company was compelled to remove its two most advanced AI products, Mythos 5 and Fable...Cryptopolitan
Sat, Jun 27
China’s tungsten export controls and AI chip demand collide, reshaping the global specialty gas supply chain
A recent research report by China International Capital Corporation (CICC) published June 26 shows that increased spending on infrastructure for AI and the prohibition by the Chinese government on exporting high purity tungsten are putting pressure on the world’s supply of electronic specialty gases (ESG), which are a critical component needed to manufacture all advanced...Cryptopolitan
Sat, Jun 27
Chinese open-source GLM 5.2 wins enterprise budgets as US export controls gate Anthropic and OpenAI
Zhipu’s GLM 5.2 open-source AI model now sits within a percentage point of Anthropic’s Opus 4.8 on a key agentic benchmark at roughly a fifth of the cost, per CNBC. OpenRouter token traffic for the Chinese model is climbing faster than it did after DeepSeek’s V4 launch in April. GLM 5.2 went live to Zhipu’s...Cryptopolitan
Sat, Jun 27
Aave's Kulechov confirms securities-backed lending in push for Wall Street's trillion-dollar markets
Aave founder Stani Kulechov has announced that the decentralized lending protocol will be expanding beyond crypto-native assets into securities-backed loans and securities lending. “Aave is expanding its TAM from Crypto assets to all assets with Securities-backend Loans and Securities Lending,” Kulechov wrote on X on June 26. This expansion will see Aave V4 become a...Cryptopolitan
Fri, Jun 26
Why are almost all tech stocks in a deep bear market right now?
A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir...Cryptopolitan
Fri, Jun 26
Binance may face EU service limits after missing the MiCA license deadline
Binance is facing a challenge in Europe as the European Union’s new crypto regulations take full effect. The exchange is set to implement possible service restrictions after failing to obtain a MICA license by the July 1 deadline. The cutoff will end the bloc’s transition period for crypto asset service providers. If not approved by...Cryptopolitan
Fri, Jun 26
Ethereum Weekly Price Forecast: Bearish positioning contracts, but risk-off sentiment remains
Ethereum (ETH) trades below $1,600 on Friday following sustained risk-off sentiment across the crypto market. The top altcoin has declined by 6.7% on the weekly timeframe, stretching its 30-day loss to 23.5%.
Fxstreet
Fri, Jun 26
Russell includes crypto treasuries Bitmine and Upexi in major indexes
Ethereum (ETH) treasury company Bitmine Immersion Technologies (BMNR) is set to join the Russell 1000 Index after the close of US markets on Friday, while Solana (SOL) treasury firm Upexi (UPXI) will be added to the Russell Microcap Index when markets open on Monday.
Jeremy Grantham said Bitcoin will gradually lose relevance
GMO (NYSE: GMO) co-founder and Wall Street’s most famous bear, Jeremy Grantham, on Friday repeated his long-held negative view of Bitcoin, saying he expects it to slowly disappear over time instead of becoming a lasting part of the financial system. Jeremy has built a reputation by warning about major asset bubbles and has argued that...Cryptopolitan
Fri, Jun 26
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