Crypto

FIFA is launching its own layer-1 blockchain to take control of digital assets, ticketing and fan experiences, potentially transforming football for billions of global supporters. In May 2025, FIFA announced the launch of a dedicated layer-1 blockchain utilizing Avalanche’s Subnet technology.  This transition marks a departure from its previous use of the Algorand blockchain, which had powered FIFA’s initial ventures into Web3, including the FIFA Collect NFT marketplace launched ahead of the 2023 Club World Cup in Saudi Arabia.  Read more

Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months. Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games.  On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week. For monthly volumes, the collection had surpassed its sales performance for all of May by June 6.  In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877% increase over the previous week.  Read more

The unemployment rate remained steady at 4.2%, also matching economist forecasts.

The strategic funding round was led by DWF Labs, Presto, and Rollman.

The parent company of social media platform Truth Social registered with the SEC to issue up 84,657,181 shares of Common Stock

SHIB outperforms BTC amid reports of a massive whale transaction.

CZ slams NYT for 'manufactured FUD' over Trump dinner attendee Sky He, denying familial ties despite 'big cousin' nickname claims.

Michael Saylor’s Strategy has quadrupled its previously announced $250 million stock offering as a new funding avenue for its Bitcoin investments. Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement. Read more

Could the lengthy legal battle officially conclude in the next ten days?

Europe plans to regulate decentralized finance in 2026, as lawmakers still struggle to define decentralization under MiCA, an EU crypto policy expert said. European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026. The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost investor protection, prevent fraud and address stablecoin reserve management. Still, as MiCA enters its final implementation phase, policymakers are shifting their attention to regulating DeFi, where many questions remain unresolved, according to Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI). Read more

The new STRD offer long-term investors high-yield returns and no management fees.

With threats from quantum computing and growing cross-chain demand, QRAMP offers a non-custodial approach to protect and project Bitcoin. The 21-million Bitcoin limit is one of the most iconic features of the protocol — a hard-coded cap that defines its scarcity, value proposition and appeal as “digital gold.” But what happens if that system is threatened from two sides: by powerful quantum computers on one end and by increasing demand for cross-chain Bitcoin utility on the other? Short for quantum-resistant asset mapping protocol, QRAMP is a framework proposed in early 2025 by Bitcoin developer Agustin Cruz. It’s designed to do two things at once: protect Bitcoin from future quantum attacks and unlock a safer way to extend Bitcoin into other blockchain ecosystems without compromising custody or supply limits. Read more

Your day-ahead look for June 6, 2025

The UK’s Financial Conduct Authority has proposed lifting its retail ban on crypto exchange-traded notes (ETNs), signaling a shift toward broader crypto market access. Update (June 6, 2025, 1:20 pm UTC): This article has been updated to add commentary by Kraken’s UK General Manager, Bivu Das. The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering cryptocurrency exchange-traded notes (ETNs) to retail investors. In a June 6 announcement shared with Cointelegraph, the FCA said the proposed change would allow individual consumers to access crypto ETNs, provided they are listed on an FCA-recognized investment exchange. Read more

[PRESS RELEASE – Tortola, British Virgin Islands, June 6th, 2025] FUNToken launches a smart rewards bot — the first step toward building an AI agent that will reward millions across games, chats, and the open internet. FUNToken, a utility token designed to support equitable digital engagement, has launched an AI-powered Telegram bot that autonomously distributes […]

BTC's bearish H&S breakdown from Thursday is still valid.

Elon Musk’s feud with President Trump caused Dogecoin’s 7% drop in the last 24 hours, but sell-off risks to $0.06 remain. Key takeaways: Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated. DOGE/USD bear flag hints at a potential 66% drop. Read more

The move is to support U.K. growth and competitiveness, the FCA said.

Switzerland’s Federal Council expects to enforce the bill on the automatic exchange of crypto information with 74 countries by late 2026, with the first exchange seen in 2027. Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, the council announced on June 6. The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government. Read more

Japan’s Metaplanet plans to hold 100,000 BTC by 2026, revising its target from 21,000 and issuing shares to accelerate its Bitcoin treasury strategy. Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) plan, increasing its previous target of 21,000 BTC. “Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time,” Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more