Crypto

The current streak of three consecutive trading weeks of inflows has accounted for approximately 25% of the total net inflows since the spot Ether ETFs launched in July 2024. US-based spot Ether exchange-traded funds (ETFs) have just recorded a third consecutive trading week of inflows. If next week follows suit, the current inflow streak alone may surpass $1 billion in total inflows. On June 6, spot Ether (ETH) ETFs posted $25.3 million inflows for the trading day, extending the streak to 15 consecutive inflow days, according to Farside data.  The current inflow streak since May 16 has now brought in $837.5 million, roughly 25% of the total $3.32 billion in net inflows since spot Ether ETFs launched in July 2024. Read more

JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before “they freeze his fiat assets.” The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump. “The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a June 6 X post. Echoing a similar sentiment, JAN3 founder and CEO Samson Mow said in an X post on the same day, “@elonmusk, it’s time to go all in on Bitcoin.” Mow urged Musk to accept Bitcoin (BTC) payments for Tesla and adopt a Bitcoin treasury strategy. In 2021, Tesla stopped accepting Bitcoin as a means of payment due to environmental concerns. However, the firm still holds digital assets. On April 23, Cointelegraph reported that Tesla’s digital asset holdings dropped 11.61% in value from $1.076 billion to $951 million in Q1. Read more

HYPE is among the few altcoins in the red today.

TMTG's latest BTC purchase, along with the intensifying wave of Bitcoin adoption in the corporate sector, is fueling speculation about the $12 billion to be raised.

Bitcoin hovers near $105K as Trump urges Fed cuts and Japan’s Metaplanet eyes 91K BTC. Can strong demand push BTC past $107K? Chart setup looks bullish. The post Bitcoin Price Prediction: Can Strong Demand Push BTC Beyond $107K This Week? appeared first on Cryptonews.

The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth." Eric Trump, son of the US President, announced that Trump family-backed crypto platform World Liberty Financial (WLF) plans to acquire a significant amount of the Official Trump memecoin following his endorsement of the token. Some users in the crypto community were surprised that Official Trump (TRUMP) didn’t see a stronger price reaction. “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” Trump said in a June 6 X post. Read more

Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the […] The post Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale appeared first on CryptoSlate.

President Donald Trump and Elon Musk’s fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading activity generating over $355 million in volume over the past 24 hours, according to DEX Screener data. As traders seized on the pair’s high-profile social media clash using Solana’s ecosystem, Official Trump (TRUMP) […] The post Trump–Musk feud becomes memecoin meta, leads to surge in trading volume appeared first on CryptoSlate.

The DOGE price has dropped more than 10% after fresh Musk-Trump exchanges have stoked political risk, moving the token to $0.17 support as turnover has jumped and on-chain flows have tilted bearish. The post Dogecoin Price Prediction: DOGE Price Hangs on to Key Support as Musk-Trump Clash Drains Market Optimism appeared first on Cryptonews.

X and Polymarket have teamed up to weave live blockchain prediction odds into the X feed, with widgets showing current probabilities beneath related posts and linking to full contracts for non-U.S. users. The partnership has replaced a scrapped plan with Kalshi and will use X’s AI Grok for context. The post Elon Musk’s X and Polymarket Deal Pushes Onchain Prediction Markets Into Global Social Feeds appeared first on Cryptonews.

U.S. President Donald Trump has amassed an estimated $1 billion from his ventures in cryptocurrency in just nine months, a June 5 report from Forbes reveals.Trump Brings In A Digital Fortune According to Forbes’ calculations published in the report on Thursday, Trump has made $1 billion since just before the election, lifting his net worth […] The post Donald Trump Amasses $1 Billion From Crypto In Just 9 Months: Forbes appeared first on Cryptonews.

Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin. He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development. Wallet project nixed The announcement comes […] The post Eric Trump says WLFI will acquire TRUMP for treasury, unofficial wallet project nixed appeared first on CryptoSlate.

Crypto advocacy groups have argued that the case against Bitcoin mixer Samourai Wallet is unjust. Here's why.

The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors. The House of Streams, a Netflix series licensed for the UK and Ireland, will feature online streamers in competitions to take home one Bitcoin.  According to the show’s website, eight contestants with a combined four million followers will appear on the reality TV series, set to premiere on June 18. The series will reportedly have Twitch streamers compete in a series of challenges to win 1 Bitcoin (BTC), worth more than $104,000 at the time of publication. It’s unclear why the Malta Film Commission, behind the production and filming of the show, chose to focus on a cryptocurrency prize for the contestants, but the creator of the series, Mark Holland, reportedly said “…the final reward couldn’t have been a simple cash prize or a trip to the Maldives.” The website issued a notice suggesting that some individuals had already used the show’s association with digital assets to issue a fr...

Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers. According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3 […] The post Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B appeared first on CryptoSlate.

Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since. Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential draft registration statement on SEC Form S-1, which allows a company to file for IPO before publicly disclosing sensitive information. The filing comes amid renewed investor confidence as uncertainty due to trade wars has waned. The number of shares to be offered and the price range per share have not been determined. No date was mentioned for when the IPO might occur. Read more

Stablecoin issuer Circle's stock skyrocketed out of the gate, beating the initial public markets performance of tech giants.

ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers. Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were submitted to the regulator. The companies argued that by failing to abide by the first-to-file principle, the default process for application approval until crypto ETFs debuted, the SEC diminishes healthy competition and hinders financial innovation. The letter reads: “Continued global leadership of the United States in financial innovation is deeply connected to regulatory frameworks that actively support and reward entrepreneurship, creativity, and genuine innovation,” the letter continues. Read more

Smart contract creation on the Tron network has become erratic, with no sustained growth, even as TRX maintains a bullish trend.

Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor. Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by the political advocacy group Stand With Crypto. The event was held five days before New Jersey voters will go to the polls in party primaries, though reportedly more than 300,000 people have already cast their ballots.  “I believe and the [state pension] board believes that cryptocurrency is an important part of the future of this country and the economic system of the world,” said Jersey City Mayor Steven Fulop, a Democratic candidate for governor, who was at the event.  Read more