Elon Musk's X to Offer Investments, Trading 'Soon:' FT

A sneaky cyberattack has targeted CoinMarketCap, the go-to site for tracking cryptocurrency prices, by hijacking wallet prompts to trick users. The company has sounded the alarm, warning visitors to stay vigilant. If you’ve recently interacted with the site, double-check any wallet connections—this could be a scam aiming to drain your crypto.

Editor’s Note: Crypto scams are nothing new, but when a major platform like CoinMarketCap gets compromised, it’s a big deal. Millions rely on it for real-time data, and this breach shakes trust in even the most established crypto tools. If you’re holding digital assets, this is a reminder to always verify transactions—because hackers are getting craftier by the day.

A crypto analyst is sounding the alarm that Bitcoin’s current market dominance might crush hopes for an "altseason"—a period when smaller cryptocurrencies (altcoins) typically surge. Bitcoin’s price rebounded quickly after a minor dip, hovering near $105K, while the Fed’s decision to hold interest rates added another layer of uncertainty. The takeaway? Bitcoin’s strength could leave altcoins in the dust for now.

Editor’s Note: For crypto traders, altseason is like a gold rush for smaller coins—but if Bitcoin keeps hogging the spotlight, those bets might not pay off anytime soon. This isn’t just about price swings; it’s a sign of where investor confidence (and money) is flowing. If you’re holding altcoins, this analyst’s warning is a reality check.

Texas just took a big step toward making Bitcoin part of its long-term financial strategy. The governor signed a bill that would lock in any future state Bitcoin holdings as a permanent fund—like a crypto version of Texas’ oil-rich sovereign wealth fund. This isn’t just about hoarding digital coins; it’s a signal that states are starting to treat crypto as serious fiscal infrastructure, not just a speculative gamble.

Editor’s Note: Forget the wild west days of crypto—this is about governments getting strategic. Texas is essentially saying, "If we’re going to hold Bitcoin, we’ll treat it like any other critical state asset." That kind of institutional embrace could nudge other states (or even countries) to stop waffling and start formalizing crypto policies. It’s also a win for Bitcoin maximalists who want it recognized as legitimate reserve collateral, not just internet funny money. Whether you love or hate crypto, this move matters because it’s testing how far decentralized assets can integrate with traditional governance.

Coinbase, one of the biggest crypto exchanges in the world, just got a major green light in Europe. They’ve secured a MiCA (Markets in Crypto-Assets) license from Luxembourg, which means they can now operate across the EU under a single regulatory framework. As part of the move, they’re setting up their European hub in Luxembourg—a strategic play to solidify their presence in the region.

Editor’s Note: This isn’t just a win for Coinbase—it’s a big deal for crypto in Europe. MiCA is the EU’s first major attempt to bring clear rules to the crypto industry, and Coinbase getting licensed early shows they’re serious about playing by the book. For users, it means more stability and trust in a space that’s often seen as the Wild West. Plus, Luxembourg’s financial-friendly laws make it a smart base for expanding across Europe. If other exchanges follow suit, we could see a wave of consolidation under MiCA’s rules—good for regulation, but maybe tougher for smaller players.

Pump.fun, a popular Solana-based crypto launchpad, has pushed back its public token sale to July—another delay in what’s become a messy saga. Originally slated for June 25, the auction aimed to raise $1 billion at a $4 billion valuation, but legal headaches keep piling up, leaving users and investors in limbo.

Editor’s Note: Delays like this aren’t just about calendar shuffling—they erode trust. Pump.fun’s legal woes add to the already shaky reputation of crypto projects that overpromise and underdeliver. For investors, it’s another reminder that flashy valuations mean little if the fundamentals (or the law) aren’t on solid ground.