Crypto

A weakening US economy and Fed rate cuts set the stage for Bitcoin’s next move, but, onchain data shows a fragile bull market missing retail demand. Could it return by fall? Key takeaways: Bitcoin spent the week fighting to hold above $107,000, but exchange inflows remain at historic lows as retail investors choose to sit on the sidelines. Stagflation becomes a real risk as US growth slows, but Fed rate cuts could fix the situation and supercharge Bitcoin price. Read more

Corporations race to build Bitcoin treasuries as stablecoins gain momentum and landmark regulations take shape worldwide. The race to accumulate Bitcoin (BTC) is accelerating as corporations increasingly view the digital asset as a valuable addition to their balance sheets. Beyond publicly traded firms, private companies are joining the movement, including a Norwegian deep-sea mining company planning to acquire $1.2 billion worth of BTC. This week also marked the official unveiling of a new venture by crypto entrepreneur Anthony Pompliano, aimed at building a billion-dollar Bitcoin treasury. As Bitcoin accumulation intensifies, stablecoins are emerging as a key driver of crypto adoption. The United States is edging closer to passing landmark stablecoin legislation, South Korea is pushing banks to issue won-backed stablecoins and the rise of yield-bearing stablecoins — described by one venture executive as an “inevitability” — appears to be on the horizon. Read more

Kakaopay stock plunged 17% as the Korean Exchange suspended trading due to stablecoin exposure amid regulatory warnings about risks associated with won-pegged stablecoins. The post Kakaopay Stock Plunges 17% as Korean Exchange Suspends Trading Over Stablecoin Exposure appeared first on Cryptonews.

Projects tied to Pepe meme creator Matt Furie and the NFT studio ChainSaw lost roughly $1 million to contract takeover exploits last week, according to on-chain investigator ZachXBT. On June 27, ZachXBT reported transaction records showing that the attacker seized control of the “Replicandy” contract at 4:25 a.m. UTC on June 18 by transferring ownership […] The post Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections appeared first on CryptoSlate.

A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far more than the markets believe thanks to its strategic role in powering AI.

U.S. President Trump said that all trade discussions with Canada were being terminated.

President Trump is reportedly mulling executive orders to boost AI infrastructure in the U.S. amid soaring energy demands.

Altcoins search for direction while Bitcoin looks on track to take a stab at new all-time highs. Key points: Bitcoin is facing selling near $108,000, but the likelihood of a break above it remains high. Several major altcoins remain in a range, but some are showing signs of breaking above their near-term overhead resistance levels. Read more

Nick van Eck, co-founder and CEO of Agora, behind one of the stablecoins Anchorage said it would phase out, claimed inaccuracies and an inconsistently applied framework. Anchorage Digital is drawing criticism from at least one stablecoin issuer after announcing plans to phase out support for three stablecoins, citing “regulatory expectations” and internal risk assessment. Nick van Eck, co-founder and CEO of Agora, criticized Anchorage’s move to remove support for stablecoins USDC (USDC), Agora USD (AUSD), and Usual USD (USD0) in a Thursday X post, claiming the decision was based on “easily verifiable and known factual inaccuracies.” He said that Anchorage failed to disclose its relationship with stablecoin issuer Paxos, which could potentially benefit from the phasing out of tokens issued by other platforms. Read more

The Financial Action Task Force (FATF) has issued a sharp warning about the growing use of cryptocurrencies by sanctioned states to fund weapons programs.In a report published June 20, the global financial crime watchdog urged countries to close regulatory gaps that are allowing illicit finance to thrive in the digital asset space.According to the FATF, […] The post Sanctioned States Exploit Crypto to Fuel Weapons—FATF Warns of “Exponential” Surge appeared first on Cryptonews.

What’s next for the price of Bitcoin? Prediction markets show growing bullish sentiment despite technical indicators suggesting caution.

Robinhood continues to expand its crypto services offering with micro futures contracts on leading assets. Digital brokerage Robinhood has launched micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP (XRP), giving crypto traders the ability to trade derivatives with significantly lower capital requirements. The new offering was officially unveiled in the United States on Friday, expanding on Robinhood’s existing crypto futures products for Bitcoin and Ether (ETH). Micro futures contracts are smaller versions of standard futures contracts, allowing traders to speculate on an asset’s price movements with a much lower upfront investment. Read more

President Donald Trump said Bitcoin (BTC) transactions “take a lot of pressure off the dollar” and argued that US leadership in digital assets blocks China from dominating the sector. He made the comments during a White House press conference on June 27, which was held after what he described as a major Supreme Court victory […] The post Trump says Bitcoin eases pressure on dollar, boosts America’s crypto dominance appeared first on CryptoSlate.

“It is becoming clearer to gamers that [blockchain] is the technology that allows us to unlock our vision for the game that they want.”

The Trump family–tied decentralized finance platform has seen growing interest from institutional investors. World Liberty Financial (WLFI), a crypto platform tied to US President Donald Trump’s family, has partnered with London hedge fund Re7 to launch a USD1 stablecoin vault across Euler Finance and liquid staking protocol Lista. The partnership is part of a broader effort to expand the presence of World Liberty's USD1 stablecoin on the BNB Chain, according to Bloomberg. Lista is one of the major liquid staking platforms for the BNB (BNB) token, and its decentralized autonomous organization (DAO), which governs the platform, is backed by Binance Labs — the venture capital arm of crypto exchange Binance. Read more

Following the success of Circle Internet Group’s (NYSE: CRCL) initial public offering (IPO), a number of crypto companies have begun hinting at going public in the United States.On June 5, Circle – the issuer of the USDC stablecoin – raised $1.1 billion in its public debut. This well exceeded expectations, marking a record-setting 167% gain […] The post Will The United States Witness A Crypto IPO Boom and Bust Soon? appeared first on Cryptonews.

Robinhood expanded its futures trading suite by adding micro futures contracts for XRP, Solana (SOL), and Bitcoin (BTC), according to a June 27 announcement. The zero-commission brokerage said the new products offer lower margin requirements and seamless execution via its trading ladder interface. Each micro XRP futures contract represents 2,500 XRP, roughly $5,200 at current […] The post Robinhood expands crypto offerings with micro futures for XRP, Solana, and Bitcoin appeared first on CryptoSlate.

Bolt launched 'Bolt Connect' to streamline merchant onboarding while enabling stablecoin payments, capitalizing on the $228 billion growth of the stablecoin market. The post Bolt Introduces ‘Bolt Connect’ to Streamline Merchant Onboarding and Enable Stablecoin Payments appeared first on Cryptonews.

President Trump deflected when asked whether he would consider divesting from personal crypto interests to help get legislation passed.

Bullish signals for stablecoins were all around, from Asia to Europe to Circle's stock price.