News
2 Jun 2026, 14:10
NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned

A bitcoin wallet, silent since March 27, 2011, moved 35.55 BTC worth approximately $2.54 million on June 2, 2026, not too long after being named as a defendant in a New York court case that claims nearly 3.8 million dormant bitcoins are legally abandoned property. The Move Noah Doe Likely Did Not Expect Galaxy Research
2 Jun 2026, 14:02
Pundit to XRP Holders: The CLARITY Act Will Make a Lot of People Rich

A piece of legislation moving through the U.S. Senate has crypto investors paying close attention. Crypto pundit John Squire (@TheCryptoSquire) made a direct claim to his followers, stating that the CLARITY Act will make a lot of people rich. The post attracted a wave of responses from the crypto community, with opinions split on whether the bill is a catalyst for wealth or a threat to decentralization. THE CLARITY ACT WILL MAKE A LOT OF PEOPLE RICH. — John Squire (@TheCryptoSquire) June 1, 2026 What Is the CLARITY Act? The Digital Asset Market Clarity Act aims to define how digital assets are regulated in the U.S., including which tokens fall under the SEC and which markets fall under the CFTC. The latest version expanded from the January draft, adding new language on stablecoin rewards, insider trading, bankruptcy protections, and implementation timing. The Senate Banking Committee advanced the CLARITY Act in a 15-9 bipartisan vote on May 14 after months of stalled progress. The vote was not without friction. Democrats offered amendments to address law enforcement concerns and an ethics provision. Elizabeth Warren proposed amendments that would harm XRP and other assets. However, most were voted down or ruled out of order. The bill must now pass the full Senate, align with the House version, and receive the president’s signature. Markets reacted positively after the committee vote, with XRP reaching $1.54 for the first time since March. This bullish response and the bill’s positive impact on the crypto space prompted Squire and many others to believe the CLARITY Act will make many XRP investors rich. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What the Community Is Saying Reactions to Squire’s post were mixed. Kenny Nguyen, another well-respected pundit, agreed with the claim outright, calling it fact. Another commenter pushed back, arguing that the bill’s real beneficiaries will be lawyers and compliance consultants, not builders. One commenter questioned whether Squire and others were ignoring the bill’s potential downsides. He specifically highlighted the risk that crypto moves from a decentralized model to one controlled by banks. Another echoed that concern, saying the entire premise of digital currency is decentralization, and that centralized bank control defeats its purpose. Coinbase CEO Brian Armstrong initially pushed against certain parts of the bill , but he was heavily criticized. The rest of the industry has now come to a consensus. The CLARITY Act has momentum. Whether it delivers the wealth Squire predicts depends on what parts of the bill survive the full Senate. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: The CLARITY Act Will Make a Lot of People Rich appeared first on Times Tabloid .
2 Jun 2026, 13:45
Trump Endorses Steve Hilton for California Governor, Backing ‘World Crypto Capital’ Vision

BitcoinWorld Trump Endorses Steve Hilton for California Governor, Backing ‘World Crypto Capital’ Vision President Donald Trump has publicly endorsed Steve Hilton, a Republican candidate for Governor of California, who has pledged to transform the state into the ‘World Crypto Capital’ by loosening digital asset regulations and attracting top talent in the blockchain sector. The endorsement, announced on social media, signals a potential shift in California’s approach to cryptocurrency oversight. Hilton’s Crypto Agenda Steve Hilton, a former adviser to British Prime Minister David Cameron and a longtime political commentator, has made cryptocurrency a central pillar of his gubernatorial campaign. He proposes reducing regulatory barriers for blockchain startups, creating tax incentives for crypto businesses, and establishing a state-level task force to foster innovation. Hilton argues that California’s current regulatory environment drives crypto entrepreneurs to states like Texas and Florida, and he aims to reverse that trend. Implications for California’s Economy California is home to Silicon Valley and a significant portion of the U.S. tech industry, but its strict financial regulations have often clashed with the fast-moving crypto sector. Hilton’s plan could reshape the state’s economic landscape, potentially attracting investment and jobs. However, critics warn that lax regulations could increase risks for consumers, including fraud and market volatility. The endorsement from Trump, who has shown fluctuating support for digital assets, adds a national political dimension to the race. Political and Industry Reactions The endorsement has drawn mixed reactions. Crypto industry leaders have praised Hilton’s vision, viewing it as a potential catalyst for mainstream adoption. Consumer advocacy groups, however, have expressed concerns about insufficient investor protections. Political analysts note that Trump’s backing could energize the Republican base in California, a state where Republicans have struggled in recent statewide elections. The 2026 gubernatorial race is expected to be highly competitive, with several Democratic candidates also entering the field. Conclusion Trump’s endorsement of Steve Hilton elevates the crypto debate in California’s gubernatorial election. While Hilton’s ‘World Crypto Capital’ proposal offers a clear policy direction, its feasibility and impact remain uncertain. The race will test whether crypto-friendly policies can gain traction in a state known for its consumer protections and progressive regulations. For now, the endorsement positions Hilton as a candidate to watch, particularly among voters and investors interested in digital assets. FAQs Q1: What is Steve Hilton’s ‘World Crypto Capital’ plan? Hilton proposes easing digital asset regulations, offering tax incentives for crypto businesses, and creating a state task force to attract blockchain talent and investment to California. Q2: Why did Trump endorse Hilton? Trump’s endorsement aligns with his broader support for deregulation and his recent overtures to the crypto industry. It also aims to boost Republican chances in a traditionally Democratic state. Q3: Could this plan actually make California the world crypto capital? While the plan could attract crypto businesses, it faces significant hurdles, including opposition from consumer advocates, existing state regulations, and competition from other crypto-friendly jurisdictions. This post Trump Endorses Steve Hilton for California Governor, Backing ‘World Crypto Capital’ Vision first appeared on BitcoinWorld .
2 Jun 2026, 13:40
Polymarket Trader Loses $527K as Strategy’s First Bitcoin Sale Since 2022 Settles a Heated Bet

A trader on the decentralized prediction market Polymarket lost about $527,000 in a single day after Strategy disclosed its first bitcoin sale since 2022, per Lookonchain. A Bet Settled by an SEC Filing A Polymarket trader identified onchain as ‘willo2’ lost around $527,000 in a day after Strategy’s bitcoin sale was made public. The wager
2 Jun 2026, 13:30
Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000

Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to past bear market cycles. He noted that the leading crypto saw losses of 87%, 84%, and 77.5% from its cycle highs in 2013, 2017, and 2021, respectively. Now, Bitcoin is down around 42% from its October 2025 high of $126,000. Related Reading: Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom The analyst’s accompanying chart showed that Bitcoin could bottom around $40,000 in this bear market before it then rallies to a new all-time high in the next bull run. The bottom is expected to happen between now and the start of next year. Meanwhile, the chart also showed that BTC could rally to as high as $250,000 by 2029. Aralez’s analysis comes amid Bitcoin’s recent decline, with the leading crypto dropping below $71,000 and now at risk of dropping below the psychological $70,000 level. The latest decline came as Michael Saylor’s Strategy announced that they sold 32 BTC. This was the first time that the largest Bitcoin treasury firm has sold BTC since 2022, when it sold for a tax-loss harvesting transaction. At the same time, a U.S.-Iran peace deal is looking unlikely anytime soon, which is also bearish for Bitcoin. Iran had suspended negotiations with the U.S. over ceasefire violations, which caused BTC to drop below $71,000. The leading crypto also failed to record any notable bounce, even as U.S. President Donald Trump said that negotiations were still ongoing. BTC Breaks 4-Month Ascending Channel In another X post, Aralez revealed that Bitcoin had just broken a 4-month ascending channel and that it had lost a key support after testing the $70,000 zone. The analyst then outlined what he expects next from BTC’s price action, with an acceptance below $73,000 happening and then a liquidity sweep around $70,000. Related Reading: Bitcoin Enters Buy Zone That Previously Led To A 660% And 1,700% Rally The analyst further stated that a relief bounce could follow, with a retest near $74,000, then a move lower towards $65,000, $60,000, and finally $58,000. He also warned that a mini rally is likely over and that the broader trend still points toward new local lows. Aralez added that there may be short-term bounces, but expecting a fresh push above $83,000 could be costly. At the time of writing, the Bitcoin price is trading at around $70,500, down over 3%, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
2 Jun 2026, 13:20
Tokenization Will Thrive With or Without the Clarity Act, Says Stellar CEO

BitcoinWorld Tokenization Will Thrive With or Without the Clarity Act, Says Stellar CEO The future of real-world asset tokenization does not depend on the passage of the Clarity Act in the United States, according to Denelle Dixon, CEO of the Stellar Development Foundation (SDF). In a recent interview with CoinDesk, Dixon emphasized that while the proposed legislation could provide regulatory clarity, the industry’s momentum is already being driven by major institutional players. DTCC Partnership Marks a Turning Point Dixon pointed to the recent announcement by the Depository Trust and Clearing Corporation (DTCC) as a pivotal moment. The DTCC, a cornerstone of U.S. financial market infrastructure, revealed plans to tokenize assets from its subsidiary, the Depository Trust Company (DTC), on the Stellar network in collaboration with the SDF. This move, according to Dixon, signals a new phase of institutional acceptance for public blockchains. The decision by the DTCC, which clears the vast majority of securities transactions in the United States, represents a significant vote of confidence in distributed ledger technology. It suggests that traditional finance giants are willing to engage with public blockchains even in the absence of a comprehensive federal regulatory framework. Institutional Adoption Is Already Underway Dixon noted that the tokenization trend is not waiting for legislation. Firms like Franklin Templeton, a global investment manager with over $1.5 trillion in assets under management, have already launched tokenized money market funds on public blockchains. These products are operating within existing regulatory structures, demonstrating that innovation can proceed within current boundaries. The SDF CEO argued that while the Clarity Act would be beneficial—particularly in defining the legal status of digital assets and reducing uncertainty for issuers—it is unlikely that adoption would grind to a halt if the bill fails to pass. Market demand for efficiency, transparency, and 24/7 settlement is driving the shift, not regulatory timelines. Why This Matters for the Broader Market The distinction is important for investors and industry observers. If tokenization’s trajectory is independent of any single piece of legislation, then the asset class represents a structural shift rather than a speculative bet on policy outcomes. This reduces a layer of regulatory risk that has historically weighed on digital asset valuations. Furthermore, Dixon predicted that tokenized assets will not be concentrated on a single blockchain. Instead, she expects distribution across multiple public networks, with different platforms serving different use cases. This multi-chain future suggests that interoperability and settlement finality will become key competitive differentiators for blockchain protocols. Conclusion The message from the Stellar Development Foundation is clear: the tokenization of real-world assets is being driven by institutional demand and practical business cases, not by legislative action. While the Clarity Act could accelerate adoption by removing legal ambiguity, the DTCC partnership and existing products from firms like Franklin Templeton demonstrate that the industry is already building the infrastructure for a tokenized financial system. For market participants, the focus should remain on technological capability and institutional readiness rather than waiting for regulatory clarity. FAQs Q1: What is the Clarity Act? The Clarity Act is a proposed U.S. bill aimed at providing a clear regulatory framework for digital assets, including defining whether tokens are securities or commodities and establishing guidelines for issuers and exchanges. Q2: Why is the DTCC partnership significant for Stellar? The DTCC is a critical piece of U.S. financial market infrastructure. Its decision to tokenize assets on Stellar signals that a major traditional finance institution trusts the network for institutional-grade asset settlement, which could encourage other large firms to follow. Q3: Will all tokenized assets end up on one blockchain? According to Denelle Dixon, no. She expects tokenized assets to be distributed across multiple public blockchains, each optimized for different types of assets, regulatory environments, or settlement requirements. This post Tokenization Will Thrive With or Without the Clarity Act, Says Stellar CEO first appeared on BitcoinWorld .









































