Crypto

Peter Thiel-backed crypto exchange Bullish is pursuing a public listing and follows last week's successful debuts from the crypto industry.

The upcoming meeting signals a shift in South Korea's approach to won-backed stablecoins as the new president eyes a regulatory overhaul.

Swiss crypto bank Sygnum sees a potential concentration risk for Bitcoin that could deter central banks from adopting it as a reserve asset.

Bitcoin Core dev Gloria Zhao says the data limit for OP_RETURN will be raised in October, infuriating several Bitcoin users who prefer images, text and audio to stay off the blockchain. An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each output to carry up to 4 megabytes of data, Bitcoin Core developer Gloria Zhao posted to GitHub on Monday. It comes three days after 31 Bitcoin Core devs signed a statement supporting the change, known as merged pull request (MPR) #32406. The Bitcoin devs indicated on May 5 that the data limit would be removed. OP_RETURN enabled the Ordinals craze last year, allowing Bitcoin users to post everything on the blockchain from non-fungible token-like collections to the Afghan war logs published by Wi...

PLUS: DEX volume has nearly doubled in the last year.

Trump-backed ABTC buys $23M BTC, U.S. busts $500M crypto laundering scheme, and Japan’s QE could spark a Bitcoin rally to $200K. Here’s what to know. The post Bitcoin Price Prediction: $200K Target in Sight Amid Trump & Japan Tailwinds appeared first on Cryptonews.

Sam Altman believes AI has crossed a key threshold into a new digital era of superintelligence.

Bitcoin is trading close to two-week highs near $110,000 as investors await U.S. inflation data that may shape the Fed’s rate outlook.

ETH open interest reached a record $40 billion as Ether price rallied above $2,800 for the first time in 15 weeks. Key takeaways: An Ethereum whale made $31 million in two ETH trades in the last 44 days. Unique Ethereum addresses surged by 70% in Q2, with the Base network leading activity growth. Read more

Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media. The post Russia Set to Fine, Confiscate Coins from Illegal Crypto Miners appeared first on Cryptonews.

Newly elected president Lee Jae-myung has been supportive of the industry in a country where crypto is popular.

The exchange's latest State of Crypto report found that 60% of Fortune 500 companies were working on blockchain initiatives.

Lawmakers have edged closer to a federal crypto framework as the House Agriculture Committee has passed the CLARITY Act 47–6. The bill has clarified whether tokens fall under SEC or CFTC oversight and has progressed to the Financial Services Committee amid debates over developer protections. The post CLARITY Act Blazes Through House Panel 47-6, Crypto Rules Near Finish Line appeared first on Cryptonews.

Ether price continues to show strength at $2,800 even as some traders embrace bearish options strategies. What gives? Key takeaways: Traders are using bearish ETH options to hedge after Ether’s 49% rally in May. An altcoin ETF listing season could negatively impact ETH’s market dominance and price action. Read more

Uniswap has rebounded 90% from its April low, gaining 24% today after the SEC indicated DeFi exemptions. Monthly volume has surpassed the 2021 peak at $88 billion, half of it on Ethereum L2s, prompting analysts to map potential advances toward $27–$44. The post Uniswap Surges 24% on Record $88B Volume, Eyes $12 Breakout appeared first on Cryptonews.

According to the Ethereum Foundation, “a significant burden of security” still falls on users of digital assets. The Ethereum Foundation has highlighted six security challenge areas for its ecosystem’s future in a Tuesday report, including issues with user experience and the social layer. The analysis, generated through inputs from Ethereum stakeholders like users and developers, notes that user experience, or UX, is one of the key security areas where Ethereum can enhance its position. “A significant burden of security falls on the user,” notes the report, adding that “UX security and safety was the top issue identified through feedback and consultation with the ecosystem.” Read more

The Bitcoin mining firm, which aims to go public as soon as this year, has 215 Bitcoin on its balance sheet, according to a recent SEC filing. 

The USD-pegged USDCV follows the euro-based EURCV, expanding SG-FORGE's regulated stablecoin offerings for institutional and retail investors.

Brian Quintenz told senators at his confirmation hearing for CFTC chairman that Congress needs to ensure "full promise" of digital assets' potential.

On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 […] The post Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment appeared first on CryptoSlate.