Crypto

Tether has indicated that it will release its Mining Operating System via Open-source mining. MOS runs on devices from Raspberry Pi to container farms and supports varied cooling and power setups. The release may narrow the software edge that public miners hold over smaller peers. The post Tether’s Open-Source Mining OS Could Shatter Barriers – Will Public Miners Lose Their Edge? appeared first on Cryptonews.

The South American country is also not starting a strategic BTC reserve. Hackers asked readers to send the asset to a Bitcoin address.

BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days.  Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by […] The post BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record appeared first on CryptoSlate.

Bitcoin’s correlation to stocks and uncertainty about the future of the US economy could cap BTC price gains below $110,000. Key takeaway: Bitcoin price gains above $110,000 could be capped by BTC’s correlation to stocks and US recession fears.  Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting its short-term upside potential. Read more

Bitcoin volatility hits 1-year low as U.S.-China trade talks resume, with BTC holding above $100K but trapped in range amid geopolitical uncertainty.

Coalitions including the DeFi Education Fund, Coin Center and the Blockchain Association have welcomed Congress’s decision to fold BRCA into the wider CLARITY Act, saying it has tightened oversight of custodial entities while sparing non-custodial developers from bank-style rules. The post Crypto Industry Scores Win as Blockchain Clarity Bill Folded Into Landmark Legislation appeared first on Cryptonews.

The publicly traded company holds 920 Bitcoin, worth just under $1 billion on Monday. 

The Trump-Musk Feud has drawn over $4m volume to Polymarket and rivals, turning every barb into a tradable contract. Bettors have gauged impeachment odds, a Musk unfollow, reconciliation timelines, and even the chance of a third-party bid, revealing how decentralized markets quantify political spectacle. The post Trump-Musk Feud Floods $4 Million into Prediction Markets – Odds Hint at Trump Impeachment Risk appeared first on Cryptonews.

Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used […] The post Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia appeared first on CryptoSlate.

Technical indicators signal potential rebounds for Bitcoin and Ethereum while Fartcoin meme coin momentum accelerates.

Key Takeaways: Ethereum community member Eugenio Reggianini published a GDPR compliance proposal on June 9 as part of the European Blockchain Association’s consultation response. The proposal recommends keeping personal data off-chain and using privacy-preserving technologies to reduce exposure across Ethereum’s modular architecture. A new role classification framework would assign GDPR controller status only to front-end […] The post New Ethereum GDPR Blueprint Recasts Wallets as Controllers, Lets Validators Off the Hook appeared first on Cryptonews.

Crypto Inflows have totaled US$224M in the latest week, extending a seven-week streak to US$11B but slowing as traders await Federal Reserve rate clues. Ethereum has led with US$296M, pushing its share of assets to 10.5%, while Bitcoin has recorded US$56.5M in outflows for a second week. The post Crypto Product Inflows Hit $224M, Momentum Slows Amid Fed Policy Uncertainty: CoinShares appeared first on Cryptonews.

Cardano (ADA) has gone down by nearly 16% in the past month as the crypto rally faltered amid rising tensions between the United States and China on the trade front.Investors’ sentiment has also been souring lately as reflected by the Fear and Greed Index, whose value has dropped from a local peak of 76 (Greed) […] The post Cardano Price Prediction: One Key Level Holds the Fate of the Next ADA Rally – $100 Possible? appeared first on Cryptonews.

Solana (SOL) has increased by 4.3% in the past 24 hours and currently stands at $155.40, as trading volumes exploded in the first few hours of this week’s trading session.It has been a rough month for SOL as the token has booked losses of nearly 9% during this period as the crypto market has cooled […] The post Solana Price Prediction: Wave Pattern Hints at New ATH – But Only If This Bullish Trigger Hits appeared first on Cryptonews.

US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property […] The post SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech appeared first on CryptoSlate.

Authorities in Queensland and New South Wales have charged four people after an 18-month probe into Money Laundering that allegedly used a Gold Coast security company to fly A$190 m in cash, mix proceeds with legitimate takings, shift funds into cryptocurrency, and buy property and vehicles. The post Australian Authorities Charge Four in $123M Crypto Money Laundering Scheme appeared first on Cryptonews.

The publicly traded firm aims to amass more Bitcoin for its corporate treasury through an “at-the-market”-type offering, in partnership with a Paris-based asset manager. 

An uptick in long-term Bitcoin holders and BTC’s start-of-week price break above $108,000 could be a sign that new highs are in order. Key takeaways: Bitcoin’s Doji candle and a bullish chart fractal hint at a rally to $120,000. Bitcoin HODLers are absorbing freshly sold BTC, a historically bullish sign for its price. Read more

An X post by Paraguay’s President Santiago Peña claimed the country had recognized Bitcoin as legal tender, but the official government account soon urged users to “dismiss any recently published content.” The office of Paraguayan President Santiago Peña appeared to deny a post on the social media platform X that announced the country would begin recognizing Bitcoin as legal tender. In a Monday post on X, the official account of the office of Paraguay’s president asked followers to “dismiss any recently published content” without official confirmation from his office. The post was made minutes after Peña’s personal account on X announced (in English) that Paraguay had made Bitcoin (BTC) legal tender, and established a BTC reserve worth $5 million, also providing a wallet address for investors to “secure [their] stake.” Read more

The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image […] The post Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack appeared first on CryptoSlate.