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State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund

Bitcoin Bitcoin.com News 2026-06-16 15:20

State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial ...

Robinhood Cuts 290 Jobs at Record Volume, HOOD Shares Jump 5%

Bitcoin Bitcoin.com News 2026-06-16 14:40

Robinhood Markets cut roughly 290 full-time positions on June 16, 2026, absorbing an estimated $28 million in restructuring charges while the company’...

Hype Jumps 11.6% to New High as Hyperliquid Extends Rally and Triggers $11.5M Squeeze

Bitcoin Bitcoin.com News 2026-06-16 13:40

On Tuesday, the digital asset HYPE jumped over 11% to hit a new all-time high of $76.90, bouncing back from a recent June 11 low of $53. Supply Dynami...

Spot HYPE ETFs Draw $153 Million in First Month as Volume Nears $900 Million

Bitcoin Bitcoin.com News 2026-06-16 11:40

Spot HYPE exchange-traded funds (ETFs) have pulled in roughly $153 million in net inflows and nearly $900 million in cumulative trading volume in thei...

Coinbase CEO Brian Armstrong: ‘Time to Revisit’ US Accredited Investor Laws

Bitcoin Bitcoin.com News 2026-06-16 10:40

Coinbase CEO Brian Armstrong called for an overhaul of U.S. accredited investor laws, arguing the rules lock ordinary Americans out of the market’s bi...

Binance Research: April DeFi Exploits Triggered $13 Billion in Outflows

Bitcoin Bitcoin.com News 2026-06-16 09:40

A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushing onchain leverage b...

Elon Musk’s Net Worth Hits $1.3 Trillion as SpaceX Nears $3 Trillion Valuation

Bitcoin Bitcoin.com News 2026-06-16 08:41

Elon Musk’s net worth climbed to roughly $1.3 trillion as SpaceX shares extended a blistering post-listing rally toward a $3 trillion valuation. The s...

Securitize Brings AAA CLO Fund to Solana as Ethena Commits $250 Million

Bitcoin Bitcoin.com News 2026-06-16 07:40

Securitize has expanded its tokenized AAA CLO fund, STAC, to Solana, with Ethena Labs planning a $250 million allocation. The move adds one of the lar...

Bybit and Plume Launch RWA Earn With Access to PIMCO Fixed Income Products

Bitcoin Bitcoin.com News 2026-06-16 06:40

Plume has partnered with Bybit to bring institutional fixed income products to users through Bybit Earn. The new RWA Earn offering lets eligible users...

Albert Dadon Says SWIFT’s Russia Ban Exposed Why Neutral Financial Rails Can Fail

Bitcoin Bitcoin.com News 2026-06-16 05:40

The 2022 disconnection of Russian banks shattered the illusion that SWIFT was a politically neutral financial rail. It exposed a critical flaw in glob...

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