Joseph Rees
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Articles By This Author
Hyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off
- By Joseph Rees
- . June 12, 2026
Key Takeaways Nansen flagged a Hyperliquid trader 81% short with a $2.7M all-time profit on June 11. The wallet’s $13.57M HYPE short sits up $539K,
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
- By Joseph Rees
- . June 12, 2026
Key Takeaways Selig has pledged to end “regulation by enforcement,” promising rule-based CFTC crypto oversight. As the CFTC’s only commissioner, Selig now sets policy over
XRP Sentiment Sinks to Lowest Since October 2025 as Santiment Flags Trader Fatigue
- By Joseph Rees
- . June 12, 2026
Key Takeaways XRP sentiment has hit an 8-month low, matching its October 2025 trough, per Santiment. XRP is currently trading near $1.13, down about 38%
Figure Buys Kiavi for $717M as It Targets $200 Billion Lending Market
- By Joseph Rees
- . June 12, 2026
Key Takeaways Figure agreed to buy Kiavi for $717M, adding AI-powered real estate lending technology. Figure expects $7B+ annual loan volume and targets 40%+ first-lien
Brazil Introduces Bill 2946 to Turn Central Bank Crypto Rules Into Federal Law
- By Joseph Rees
- . June 12, 2026
Key Takeaways Donizette filed Bill 2946/2026 to next enforce mandatory registration across Brazil’s crypto market. The bill codifies Resolution 519 of 2025, thereby bringing statutory
Coinbase, MassPay Link 180-Country Network to Enterprise USDC Payouts
- By Joseph Rees
- . June 12, 2026
Key Takeaways Coinbase and MassPay are linking USDC payouts to a 180-country enterprise network. Companies can fund in dollars, convert to USDC, and pay recipients
Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart
- By Joseph Rees
- . June 12, 2026
Key Takeaways Authorities seized $7.1 million from cryptocurrency wallets connected to the fraud scheme. Nearly $100 million moved through 19 accounts on eight cryptocurrency exchanges
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
- By Joseph Rees
- . June 11, 2026
Key Takeaways The CFTC proposed a rule June 10 defining sports event contracts as gaming while permitting nearly all of them. Five categories would be
SIM Mining Launches New Cloud Mining Plans To Make Cryptocurrency Mining Easier And More Profitable $58,888
- By Joseph Rees
- . June 11, 2026
SIM Mining Launches New Cloud Mining Plans To Make Cryptocurrency Mining Easier And More Profitable $58,888 – Bitcoinik Home Press Release SIM Mining launches new
JPMorgan’s Jamie Dimon Praises the Mexican Economy in High-Stakes Meeting With President Sheinbaum
- By Joseph Rees
- . June 11, 2026
Key Takeaways Jamie Dimon met Claudia Sheinbaum to discuss mutual growth amid Donald Trump’s trade review. Felipe Garcia Moreno predicts Mexico’s foreign investment will next