Crypto

The country has been beefing up its crypto work as digital assets have soared in popularity.

Analysts say Bitcoin could break its all-time high within one to two weeks, following breakout patterns seen recently in gold and the S&P 500. Key takeaways: A newly created whale wallet opened a $54.5M 20x long position on Bitcoin at $106,538. Bitcoin nears $108,000 as US-China trade talks and bullish equity forecasts lift market sentiment. Read more

New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking? Representatives in Washington want the Commodity Futures Trading Commission (CFTC) to regulate crypto, but there are questions about whether the agency is up to the task. Last week, US Congressman French Hill released the first draft of the Clarity Act, a bill that would create a new category of asset, the “digital commodity.” It would allow qualified assets to trade relatively freely on the secondary market. It would also give the CFTC most of the authority to regulate cryptocurrency. The CFTC is empowered and governed by the Commodities Exchange Act (CEA), a sprawling law periodically modified by new legislation to amend and modernize it. Like the Securities and Exchange Commission and many other federal commissions, the CFTC comprises five commissioners, each of whom must be confirmed by the Senate.  Read more

Avalanche’s token fell sharply following recent gains, with key technical levels emerging.

The USDt issuer plans to launch its open-source project by the fourth quarter of 2025, according to CEO Paolo Ardoino. Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors. By open-sourcing its Bitcoin Mining OS (MOS), “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe,” Tether CEO Paolo Ardoino said in a Monday X post.  Ardoino described MOS as scalable and modular, “built with a peer-to-peer [Internet of Things] architecture at its core.”  Read more

BTC edges Higher, Plasma ICO today, Inflation Data this week FOMO HOUR EP374 BTC: 107.7k (+3%), ETH: 2540 (+2%), SOL: 155 (+5%). Top Gainers: ICP, SPX, FARTCOIN, VIRTUAL, BONK. BTC ETFs: -$48mn, ETH ETFs: +$25mn. BTC edges higher, dominance rises to 65%. ETH ETFs on 15 day inflow streak. Plasma ICO today, expecting to raise $50m. Deutsche Bank considers issuing stablecoin. UK FCA to lift crypto ETN ban for retail. Strategy raises $980m in equity sale. Saylor dismisses Bitcoin Quantum Fears. Blockchain Group to raise $340m to buy BTC. Apple & Google consider integrating stablecoins. BTC is a proven store of value: Uber CEO. Nasdaq expands crypto benchmark to 9 assets. Gemini files for IPO. X collabs with Polymarket for prediction markets. Cetus protocol relaunches on SUI. Dubai records $399m tokenized RE sales in May. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topic...

The energy-management firm will fund additional bitcoin purchases, working capital and R&D with the “at the market” share sales.

Despite market volatility and evolving investment tools, hodling remains the go-to strategy for Bitcoin believers in 2025. Hodling crypto means holding onto cryptocurrency long-term instead of selling, regardless of market volatility. In 2013, a late-night forum post on Bitcointalk was titled “I AM HODLING.”  Read more

Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood. On June 3, 2025, a website promoting the “Official $TRUMP Wallet” surfaced, claiming to offer users the ability to trade cryptocurrencies, including a Trump-branded memecoin. The site prominently featured Magic Eden as a partner, lending an air of legitimacy to the project. However, the Trump family swiftly disavowed any association with the wallet. Unveiled by Fight Fight Fight, a company tied to Trump associate Bill Zanker, the Official Trump Wallet claimed to offer crypto features and collectibles under the Trump brand. The wallet promised integration with leading cryptocurrencies, including Bitcoin (BTC), Solana (SOL), Ether (ETH), Magic Eden’s own ME (ME) token, alongside “all other tokens.” Read more

The Telegram token found critical support on the short-term at the $3.20 level.

The Sui blockchain token is seeing new support levels as as delegations from the U.S. and China meet in London.

Traders have bridged to Avalanche to start trading meme coins, as SocialFi app The Arena sees activity explode.

Crypto ETFs have attracted billions in inflows and mainstream attention, but they undermine crypto’s core values of decentralization, self-custody and financial empowerment. Opinion by: Agne Linge, head of growth at WeFi Decentralized finance (DeFi) disrupting and outcompeting TradFi has long been the dream of many innovators in the crypto field. Some of them lauded the over $40 billion in net inflows to spot Bitcoin (BTC) exchange-traded funds (ETFs) — recorded in the US since last January’s regulatory drama — as a final victory for the industry. While that indicates an increasing number of investors are interested in crypto and treat it as a legitimate asset, a U-turn on its core principles of self-custody, permissionless access and borderless value transfer is a big win for the industry. Crypto-based ETFs are simply centralizing what was built to resist centralization. Read more

Circle's IPO last week was validation for stablecoins, but the business model carries interest rate risks, says CoinDesk Indices' Andy Baehr.

SEC records have confirmed Strategy has purchased 1,045 more Bitcoin for about $110.2 million, extending a nine-week accumulation run. The company now holds roughly 582,000 BTC—about $40 billion at current prices—showing institutional confidence in Bitcoin as a treasury asset. The post Michael Saylor’s Strategy Scoops 1,045 BTC for $110M – Trove Tops $40B Near Record Highs appeared first on Cryptonews.

The Tysons Corner, Virginia-based firm announced a Bitcoin purchase for the ninth week in a row.

The vibe coder heralds an era of software development that is democratized and near-effortless. It also means a big role for crypto, says Ivo Entchev.

“The idea that one coin must dominate all others ignores the power of collaboration and innovation,” says Jeff Garzik, a co-founder of Hemi Labs and an original Bitcoin developer.

A crypto investor lost $2.6 million in hours, falling victim to a zero-value transfer scam, a type of address poisoning scam. On May 26, 2025, a crypto investor fell victim to a series of onchain phishing attacks. Crypto compliance firm Cyvers announced that the victim lost a total of $2.6 million worth of cryptocurrencies. It all started when the user sent 843,000 Tether USDt (USDT) to an address other than the intended recipient. Just three hours later, the user sent 1.75 million USDT more to the same address. The result: All of it was lost in hours. Read more

"I never imagined buying more, especially at prices above $100K," Deaton stated.