Author: CoinBulletinDaily.com
U.S.-India trade deal hits G7 stage with a new 12.5% tariff threat hanging over talks
A fresh 12.5% tariff threat hangs over U.S.-India trade talks as Donald Trump prepares to meet Indian Prime Minister Narendra Modi at the G7 summit in France. The two leaders will discuss the deal, but Washington does not expect signatures during the gathering. Negotiations will continue after the summit, when U.S. Trade Representative Jamieson Greer travels to India for another session. The summit will run from June 15 to June 17 in Evian-les-Bains. Trump will attend with leaders from major industrial economies, while India will send a high-level delegation. A U.S. official allegedly said Modi wants a larger global role…
Coinbase has launched 24/7 trading for U.S.-regulated gold and silver futures through Coinbase Derivatives Exchange. Summary Coinbase launched 24/7 trading for U.S.-regulated gold and silver futures. Eligible traders can access one-ounce gold and 50-ounce silver contracts. The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets. The new products let eligible U.S. traders access precious metals nearly every day, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional commodities to its always-on trading infrastructure. Coinbase opens round-the-clock metals trading Eligible traders can now buy and sell regulated gold and silver futures through participating brokers. The…
TLDR: Figure’s Kiavi acquisition adds over $7 billion in annual first-lien lending volume to its network. Democratized Prime is expected to receive more than $100 million in monthly asset flow after closing. Kiavi becomes the first platform scheduled for onboarding through Figure’s new Adaptor AI system. A Figure and Sixth Street venture will acquire Kiavi’s balance sheet loans as part of the deal. Figure Technology Solutions has agreed to acquire real estate lending platform Kiavi in a transaction valued at $717 million. The deal brings one of the largest residential transition loan originators into Figure’s blockchain-based lending network. Figure plans…
TLDR Hungary moves to scrap prison terms linked to crypto trading violations Earlier rules targeted unlicensed exchanges and high-value transactions The government plans to end criminal prosecution for market participants Licensing restrictions previously pushed platforms like Revolut to exit Authorities aim to align the national framework with EU MiCA standards Hungary has started reversing its strict crypto rules and plans to remove criminal penalties for digital asset trading. The government move follows criticism of licensing barriers that pushed exchanges out of the country. Officials also aim to align national laws with the European Union MiCA framework and reduce market restrictions.…
Arbitrum’s ARB token has climbed as much as 10% after LG Electronics unveiled a blockchain-based advertising network built on the Ethereum layer-2 protocol. Summary LG has partnered with Arbitrum to launch a blockchain-based advertising platform and plans a market rollout later this year. ARB jumped as much as 10% after the announcement, with traders watching a technical breakout toward $0.092. The deal adds to Arbitrum’s growing enterprise adoption following AmericanFortress’s institutional privacy infrastructure launch. According to a Fortune report, the South Korean technology giant has partnered with Arbitrum to develop its own layer-2 blockchain designed for the digital advertising industry.…
Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels his crypto investments are safer than the dollars stored in bank accounts. The financier’s opinion is supported by the fact that the banking infrastructure lacks the necessary safety measures that would allow a rollback to the last uncompromised block if a blockchain were to be…
Key TakeawaysGold dropped $138.60 to $4,120 on June 10 as the Bureau of Labor Statistics (BLS) confirmed May CPI rose 4.2% year over year.CME FedWatch showed a 72% December rate-hike probability after the 172,000 May jobs report.Silver fell to $64.79, extending a 3-day loss from $67-plus as Iran escalation failed to lift metals. Gold and Silver Prices on June 10 At 1:08 p.m. EDT, gold bid at $4,120.10 per ounce, down 3.25% on the day. The session low reached $4,106.20. Silver bid at $64.79, down 0.65%, with a daily low of $63.27. Platinum fell 2.03% to $1,687. Palladium was the…
OpenAI has indicated that its long-anticipated public listing could arrive within the next year after CEO Sam Altman reportedly discussed a possible IPO timeline with employees. Summary Sam Altman reportedly told employees that OpenAI could go public within a year after submitting a confidential IPO filing. OpenAI reported over 900 million weekly ChatGPT users and $2 billion in monthly revenue before the filing. OpenAI and Anthropic’s IPO plans are adding momentum to the AI IPO market as investors also await SpaceX’s public debut. According to a Reuters report citing The Information, Altman told employees that OpenAI could go public within…
TLDR: PYUSD supply shrinks 31% from $4.2B ATH, dropping to $2.92B amid shifting liquidity flows in 2026 Over $1B wiped from circulation as market volatility reduces stablecoin minting and exchange inflows PayPal expands PYUSD across 70 markets, boosting wallet usage and cross-border payment access globally Stablecoin remains mid-tier as USDT and USDC dominate broader crypto liquidity and settlement flows PYUSD supply contraction has drawn attention across stablecoin markets as PayPal’s dollar-backed asset retraces from its $4.2 billion March peak to around $2.92 billion. The movement reflects shifting liquidity conditions, softer market participation, and evolving usage patterns even as PayPal continues…
Why prediction markets’ high volume yields more for data utilities than traditional sportsbooks
In an agreement to provide sports data and associated services, Sportradar and prediction market platform Kalshi forged a significant collaboration that caused the company’s stock to soar before trading commenced. The multi-year global agreement with Kalshi, a company that claims to be the world’s biggest prediction market, was verified by Sportradar Group AG, which is listed on the NASDAQ as SRAD. Major League Baseball, the National Hockey League, Major League Soccer, the Ultimate Fighting Championship, and other sports properties’ data and services are covered under the agreement. Scope of the data agreement Prediction markets have been picking up speed as a…
