Crypto

SpaceX's proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.

The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.

Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment. Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates. In an order published Wednesday, titled “Data Centers the Wyoming Way,” Gordon directed state agencies to support the responsible development of large-scale data centers and other advanced computing projects. The framework emphasizes water and environmental sustainability, workforce development and protections for residential electricity customers. “This Executive Order applies to executive branch agencies involved in permitting, reviewing, regulating, supporting, or facilitating large-scale data center development within Wyoming,” the order states. Read more

A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a year after it was called for in an executive order from President Donald Trump. Speaking at a Senate Finance Committee hearing on Trump’s fiscal year 2027 budget for Treasury on Wednesday, Bessent said that the department was “proceeding with all deliberate speed” on the president’s 2025 order to establish Bitcoin and digital asset reserves. Although the reserve has been filled with crypto seized by the government, Treasury officials had no additional acquisition plans as of March. “We are moving forward very quickly on that, and part of that is our digital assets initiative, the strategic Bitcoin reserve is something, this is new technology, thi...

Treasury alleged that Iranian crypto exchanges enabled sanctions evasion while processing transactions connected to the IRGC and regime insiders.

Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company's US CEO, Cetin Duransoy. Duransoy told the news service that customers of the bank, which is expected to launch next year, will have access to FDIC-insured accounts, multi-currency deposits, stock trading and cryptocurrency services. He said that Revolut plans to initially target retail and business customers with international banking needs, including those managing multiple currencies. Revolut applied for a US national bank charter in March, which would allow the company to offer federally insured banking products nationwide under a single federal regulatory framework.  Read more

Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.

Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level. Key points: Bitcoin (BTC) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher levels. The launch of fresh strikes by the US and Iran has hurt sentiment, but Bitrue Research Institute research lead Andri Fauzan Adziima told Cointelegraph that the fall was more about “leveraged liquidations, heavy ETF outflows, and technical breakdowns than pure Iran news, but it amplifies the fear.” All eyes have shifted to BTC’s yearly lows of $60,000. Veteran trader Peter Brandt said in a post on X that BTC has formed an expanding triangle, a common and reliable pattern. He projects a decline to about $56,000, but added that a move above $75,000 would invalidate this bearish view. Read more

Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.

Researchers found professors preferred AI-generated answers over those written by their peers, raising questions about the role of AI in professional education.

Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

Until now, the only way to run Hermes was through a terminal—or one of several unofficial GUIs the community had cobbled together.

Physical Casascius coins were minted 15 years ago in the early days of Bitcoin—and the BTC held within is worth a whole lot more today.

Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead.

The company's new hybrid inference system routes AI tasks between your device and the cloud automatically. Privacy and cost savings are the pitch—and lower server bills.

Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs. [Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.] Democratic and Republican candidates across California, New Jersey and South Dakota won their respective primaries on Tuesday after being the beneficiaries of supportive ads purchased by cryptocurrency industry-backed political action committees (PACs). On Tuesday, Democrats Jacqui Irwin, Ted Lieu, Zoe Lofgren, Dave Min, Mike McGuire, Hilda Solis, George Whitesides, Lou Correa and Lateefah Simon won their respective California primaries for House seats. Democrat Rob Menendez and Republican Mike Rounds also won primaries for New Jersey’s 8th congressional district and a South Dakota Senate seat, respectively. Read more

XRP price has touched a 15-week low, and the prediction setup heading into the next few sessions is anything but clean. The post XRP Price Prediction: Falling But Bullish Signals Stacking appeared first on Cryptonews.

The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.