Crypto

Venture capital funding directed towards crypto startups totaled $4.5 billion during the second quarter, down 22% versus the previous three months. According to DefiLlama data, the breakdown of the second quarter shows monthly flows of roughly $1.29 billion in April, $624 million in May, and $2.5 billion in June.  June’s figure is over 4x larger […] The post Crypto VC funding drops 22% in Q2 despite strong June finish appeared first on CryptoSlate.

Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet. Key takeaways: Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted. The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions. Read more

Figma, the company behind the fully online, professional-grade interface design tool, filed an S-1 form with the U.S. SEC yesterday, revealing BTC holdings.

The South Korean crypto exchange Bithumb is set to launch a spinoff company as it pushes ahead with an initial public offering (IPO) bid. The post Bithumb Launches Spinoff as Part of IPO Bid as More Banks Join Stablecoin Union appeared first on Cryptonews.

Ripple has filed with the U.S. Comptroller of the Currency for a national banking license, bringing RLUSD under federal and New York oversight, granting direct Fed payment access, and positioning the firm as Congress finalizes strict stablecoin rules. The post Ripple Applies for US Banking License – Could Federal Oversight Supercharge Its Stablecoin RLUSD? appeared first on Cryptonews.

Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 […] The post End of the quarter wipes out billions from Bitcoin open interest appeared first on CryptoSlate.

Algorand has consolidated a 70% grip on the $24.3bn real-world asset sector, recording $268.2 m in tokenized value. Messari reports Q1 stablecoin capital on the chain has risen 137% to $135m, led by USDC, while new staking rewards have drawn more than two billion ALGO out of circulation. The post Algorand Dominates 70% of RWA Market as Stablecoins Surge 137% – Can ALGO Hit $0.20? appeared first on Cryptonews.

Sean "Diddy" Combs has been acquitted of racketeering and sex-trafficking in Manhattan court while convicted on prostitution charges connected to Cassie Ventura. The rapper, once housed alongside Sam Bankman-Fried at MDC, now faces sentencing guidelines that could keep additional prison time to a minimum.   The post Sean ‘Diddy’ Combs, SBF’s Former Jailmate, Acquitted On Most Serious Charges appeared first on Cryptonews.

ChatGPT has pointed to a late-2025 crypto upturn, projecting Bitcoin’s renewed advance toward its May peak and substantial upside for XRP, PEPE, DOGE and presale Layer-2 HYPER. The forecast rests on completed SEC litigation, emerging technical breakouts and calmer global risk sentiment. The post ChatGPT Predicts XRP, Pepe and Dogecoin Prices by End of 2025 appeared first on Cryptonews.

PENGU memecoin has rebounded 49% this week, retaking the $0.0165 zone after breaking a descending channel. Viral GIF traffic, new Binance, Coinbase, and OKX listings, and analyst views likening its setup to PEPE have strengthened expectations of a test toward $0.02. The post PENGU Memecoin Nets 850M Daily Views – Will a $0.02 Breakout Mirror PEPE’s Explosion? appeared first on Cryptonews.

DeFi Development Corp has unveiled plans to raise $100 million through a private offering of convertible senior notes to strengthen its Solana-focused treasury strategy as anticipation for potential U.S. approval of Solana exchange-traded funds (ETFs) ramps up. DeFi Development Corp. said proceeds will be used partly to repurchase its own shares through a prepaid forward […] The post DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches appeared first on CryptoSlate.

The platform's OpenAI private equity tokens were disavowed by the company, prompting OpenAI co-founder, Elon Musk, to call the AI firm "fake." OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company. "We are not involved in this and do not endorse it,” representatives of the company wrote on social media. “Any transfer of OpenAI equity requires our approval — we did not approve any transfer. Please be careful." Robinhood distributed $5 worth of OpenAI and SpaceX tokens to clients in the EU region on Monday as part of the company's push into tokenized stock trading, which included launching a layer-2 blockchain network to settle tokenized equity trades. Read more

ChatGPT has combined 42 real-time indicators with SRM Entertainment’s $100 M TRX treasury strategy to assess TRON’s 90-day outlook. Price action above the 20-, 50-, 100- and 200-day EMAs, healthy RSI, and expanding corporate staking have supported a structurally bullish trend and steady liquidity. The post ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone appeared first on Cryptonews.

"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.

The Trump Family has shifted wealth toward crypto. Bloomberg has estimated over $620 million in earnings via World Liberty Financial, the $TRUMP token and mining stakes, cutting real estate to half of Donald Trump’s net worth and widening exposure to Bitcoin, ETFs and stablecoin initiatives. The post Trump Family Rakes In $620M+ From Crypto: Meme coin Windfall, Token Sales, and a 20% Bitcoin Stake appeared first on Cryptonews.

Zohran Mamdani has made waves after his primary election victory, but what would he mean for the crypto industry in NYC? Zohran Mamdani won the New York mayoral primary election on June 24, which has since caused a stir among the crypto industry’s upper crust. Mamdani will face off against incumbent Mayor Eric Adams in November, and it’s clear that many in the crypto industry are uneasy about the prospect of a Mamdani victory. Executives and pro-crypto government officials alike have decried his policy proposals, with critics equating his left-leaning policies to Soviet collectivism. Mamdani laid out many specific policy positions, several of which were further left than the Democratic Party norm, but he has remained relatively silent on cryptocurrency. His opponent, Adams, in contrast, is promoting it at great length. Read more

The SEC is expected to approve several Solana-focused ETFs this year, but the Rex-Osprey Solana + Staking ETF is the first in the U.S.

OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote:  “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not […] The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing appeared first on CryptoSlate.

SkyBridge Capital’s Anthony Scaramucci has cautioned that the rush of firms adopting crypto treasury strategies will fade. He questions paying a premium when assets can be bought directly and notes imitators such as BitMine and Metaplanet must justify cost structures as oversight evolves. The post SkyBridge Capital’s Scaramucci Warns Crypto Treasury Craze Will Fade, Despite Saylor Effect appeared first on Cryptonews.

Pi Coin (PI) has plunged by 19.2% in the past 7 days, as fallout from the highly anticipated “Pi Day” event continues to ripple through the community.One key reveal was a new staking initiative dubbed the Ecosystem Directory Staking, where users can lock up their Pi to support favorite apps — with the most-staked apps […] The post Pi Coin Price Prediction – Controversy Erupts Over No-Reward Staking Mechanism: Is Pi Going to $0? appeared first on Cryptonews.