Financial advisors warn against risking your retirement by going all in on crypto — but some older investors feel they have no other choice. The time-honoured advice for older people approaching retirement is to reduce your exposure to risky assets to preserve your nest egg. But what if your nest egg has already been destroyed and you need a high-risk/high-return method to make it all back in the space of a few years so you can retire comfortably? Its not a strategy for the faint-hearted and it could easily go horribly wrong in the event of a sudden crash to a prolonged bear market but some crypto investors see it as their last, best hope. I think your risk appetite would have to be pretty extreme to have all your eggs in any one basket, especially if thats a volatile asset like crypto, says payments consultant and former banker Rod Tasker. Read more
Strategy has inspired a wave of copycats to join the corporate Bitcoin treasury wave, but they haven’t been battle-tested and entered at higher average prices. A growing number of publicly listed companies is announcing plans to add Bitcoin (BTC) to their corporate treasuries, and the trend is beginning to raise eyebrows. In the 30-day span to June 11, at least 22 entities added Bitcoin as a reserve asset, according to BitcoinTreasuries.net. The buying spree was popularized by Strategy (formerly MicroStrategy), whose aggressive Bitcoin accumulation blueprint has inspired a wave of imitators. Read more
Explore the latest developments in crypto regulation and macro outlook in a report by HTX Ventures. Crypto adoption is accelerating under the Trump administration. The United States has emerged as a central force in shaping the crypto market, both from the standpoint of regulation and macroeconomics. The crypto market has begun moving along with US stock markets, reflecting growing institutional participation and sensitivity to macroeconomic conditions. In its latest report, HTX Ventures reviews the implementation of President Donald Trump’s crypto policies, current US dollar liquidity and its effect on the crypto markets. Find out more about the Trump-era policy executions and the crypto market growth catalysts, download the full report here Legalization and dollarization are the defining core tailwinds of this cycle. Bitcoin stands as the primary beneficiary, acting as a gateway for US institutional capital through ETFs, which solidifies the long-term legitimacy of the US crypto industry. The crypto adoptio...
Bitcoin may see more upside if the world’s two largest trading nations finalize their tariff deal and end global economic uncertainty. Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly completed their trade agreement, according to a Wednesday post on Truth Social by US President Donald Trump. “Our deal with China is done, subject to final approval with President Xi and me,” Trump said. “We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent.” Read more
Connecticut has joined the growing number of US states rejecting the notion of a state Bitcoin reserve, prohibiting government entities from making crypto investments and payments. Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets. The House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency [...],” received bipartisan support and was signed into law on Tuesday. The bill document stipulates that “neither the state nor any political subdivision of the state” shall accept payments in cryptocurrency or purchase crypto assets. Read more
Users will eventually be able to transfer ASTR to any Superchain network, according to OP Labs’ Zain Bacchus. Japan’s Astar Network has become the first blockchain to implement the SuperchainERC20 standard for its ASTR token, in a move aimed at addressing longstanding interoperability issues between networks like Ethereum and Polkadot. SuperchainERC20 enables interoperability across Optimism’s Superchain collective, which consists of dozens of projects working to scale Ethereum. ASTR can now move between Astar’s Polkadot-based layer-1, Sony’s Soneium and eventually all OP Superchain networks, the company told Cointelegraph. Read more
Surging onchain activity, rising spot Solana ETF approval chances and derivatives metrics suggest that SOL’s bullish price momentum could continue toward $300. Key takeaways: SOL futures open interest is up 12%, signaling strong institutional interest. Spot Solana ETF approval odds jump to 91% on Polymarket. Read more
Interactive Strength aims to launch the world’s largest corporate AI-crypto treasury to boost shareholder value and incorporate AI tools. Update June 11, 12:31 pm UTC: This article has been updated to include quotes from Trent Ward, the CEO of TRNR. Interactive Strength (TRNR), a Nasdaq-listed fitness equipment manufacturer, is launching what it claims to be the world’s first artificial intelligence cryptocurrency treasury, signaling growing interest in Web3 among different industries. Interactive Strength, the maker of the CLMBR and FORME fitness equipment, has entered into a Securities Purchase Agreement to raise up to $500 million in capital to acquire Fetch.ai (FET) tokens, according to a Wednesday announcement shared with Cointelegraph. Read more