Crypto

Troubling macro headlines concerning the Middle East and tariffs failed to shake U.S. stocks, but cryptocurrencies sold off.

Andreessen Horowitz’s crypto arm a16z said blockchains could steer artificial intelligence toward user ownership and open standards, according to a June 11 report. The paper argued that core context and “agent passports” should reside in self-custodial wallets, providing any large-language-model interface with instant access to preferences without requiring repeated training.  A chain-based identity layer would […] The post Andreessen Horowitz champions blockchain integration for AI ownership and innovation appeared first on CryptoSlate.

In the world of traditional finance, sentiment has been shifting toward digital assets, with BlackRock, JPMorgan and Franklin Templeton making moves. In an opinion piece published in Fortune, Franklin Templeton CEO Jenny Johnson wrote that the “advantages of blockchain are so compelling that we don’t foresee the shift to digital asset technology being slow or incremental,” echoing the growing positive sentiment some traditional finance institutions have toward crypto. “Indeed, we expect our industry will evolve more in the next five years than in the last 50,” Johnson said. “The pressing question is whether financial institutions will choose to embrace the digital asset wave (and the disruption coming with it), actively fight it or bury its head in the sand.” Johnson noted that blockchain technology and the growing cryptosphere have many benefits that traditional finance rails struggle to match. These include new financial options for homeowners, integration of global markets, and, eventually, throughput that...

The Coinbase One Card, issued in partnership with American Express, will offer up to 4% rewards in bitcoin after purchases and other perks.

The Depository Trust & Clearing Corporation (DTCC), which handles the clearing and settlement of nearly all U.S. stock trades, is exploring the issuance of a U.S. dollar-backed stablecoin, The Information reported on June 12, citing sources familiar with the matter. According to the report, DTCC is in the early stages of evaluating whether to launch […] The post World’s largest financial clearinghouse DTCC eyeing stablecoin launch appeared first on CryptoSlate.

Mobile soccer game FIFA Rivals launched on Thursday, pairing the "beautiful game" with blockchain on iOS and Android.

David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama's and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would join former lawmakers, industry leaders, and others on the company’s advisory council, seemingly to advise the exchange on policies moving forward in the US and abroad, as well as its role in future elections. The appointment of Plouffe to the council marked one of his first roles in crypto and policy since leaving Harris’ campaign. “It’s important to understand that someone who holds crypto or stablecoin, that might not be the most important issue to them voting,” Plouffe said at Coinbase’s State of Crypto Summit, adding:  Read more

President Trump’s debt-heavy bill could speed up the devaluation of the US dollar. With higher inflation looming, Bitcoin may be one of the few real hedges left. Key takeaways: President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation. Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds. Read more

Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity […] The post Coinbase to launch CFTC-cleared perpetual futures trading, Bitcoin-backed credit card for US customers appeared first on CryptoSlate.

Christine Kim has criticized the EF’s new leadership structure, saying too many responsibilities are being assigned to a few individuals.

This week's top Myriad markets include predictions on Fartcoin, Strategy's Bitcoin treasury plans, and FIFA Club World Cup.

Solana treasury company DeFi Development Corp. established a major line of equity credit to buy even more SOL.

Pepe (PEPE) has gone up by 5.4% in the past week and has managed to outperform other well-established peers in the meme coin space like Dogecoin (DOGE) and Shiba Inu (SHIB).Traders’ interest in PEPE has been surging lately as the outstanding amount of futures contracts – a metric known as open interest – has surged […] The post Pepe Price Prediction: After a 30% Run, Is a Healthy Pullback or Bigger Rally Coming? appeared first on Cryptonews.

Ethereum builders outlined a “Lean Ethereum” roadmap that aims to trim layer-1 complexity while hardening security, according to researcher Thomas Coratger on June 12 via X.  Co-founder Vitalik Buterin and researcher Justin Drake discussed the concept in a breakout session at the Forschungsingenieurtagung conference in Berlin. It proposes three guiding targets: security, simplicity, and optimality. […] The post Vitalik proposes ‘Lean Ethereum’ to achieve quantum security, simpler validator operations appeared first on CryptoSlate.

Several monthly Ethereum indicators are reaching levels “never seen before” in crypto history, setting the stage for one of the strongest altcoin rallies in years. The post Ethereum Price Prediction: “You Haven’t Seen What ETH Can Do Yet” – Analyst Warns of Massive Incoming Bull Market  appeared first on Cryptonews.

Token launchpad Zora is suing consulting giant Deloitte for trademark infringement over its "Zora AI" digital workforce platform.

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.

The XRP price has fallen by 3.5% today, but does Brad Garlinghouse's prediction about Ripple signal major incoming growth for the token? The post XRP Price Prediction: Ripple CEO Garlinghouse Says XRP Could Power $21 Trillion in SWIFT Transfers – $1,000 XRP Possible? appeared first on Cryptonews.

Escalating tensions in the Middle East and an ominous Bitcoin chart fractal could play a role in sending BTC price back under $100,000. Key takeaway: Bitcoin price sits on a slippery slope as tensions in the Middle East and investors’ decision to cut risk threaten a drop under $100,000. Bitcoin (BTC) reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions between Iran and Israel, with reports of Israel possibly preparing military action against Iran, have triggered a risk-off sentiment, with BTC posting a reaction. Read more

Circle's USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether's USDt. Circle's USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) through an auto-bridging feature. Markus Infanger, the senior vice president of RippleX added: Support for USDC on the XRPL comes amid a concerted push to establish comprehensive stablecoin regulations in the United States, as the sector swells to over $237 billion in market capitalization with geo-strategic and macroeconomic implications. Read more