Crypto

US President Donald Trump promoted a 250th anniversary celebration of the Army that coincided with his birthday, leading to a sharp divide in how many Americans spent June 14. Update (June 16 at 10:13 pm UTC): This article has been updated to include more information on Coinbase’s financial contribution. Coinbase is facing backlash from crypto users after sponsoring the 250th anniversary celebration of the US Army in Washington, D.C. In a June 16 X post, Adam Cochran, a partner at venture capital firm Cinneamhain Venture, said he would be exiting his positions at Coinbase — stocks, bonds, and moving crypto assets — following the exchange’s sponsorship of the military parade. Read more

Bitcoin (BTC) reclaimed the $108,000 threshold on June 16 as tensions of war escalating in the Middle East fell after reports surfaced that Iran was open to negotiations with the US and Israel. Bitcoin’s move up regained the price level surrendered on June 12 while markets processed the initial flare-up in Israeli-Iranian hostilities.  The “Bitfinex Alpha” […] The post Bitcoin reclaims $108k amid upward consolidation as war tensions show signs of easing appeared first on CryptoSlate.

Tron will go public in the US through a reverse merger with SRM Entertainment, a Nasdaq-listed company. Eric Trump, a son of US President Donald Trump, has denied reports that he will be involved in blockchain network Tron’s intent to pursue a public offering in the United States, though he had positive things to say about the project’s founder, Justin Sun. “I’m the biggest fan of Tron,” Trump said on social media, adding that he admires Sun and considers him a “great friend and icon in the crypto space.” However, he denied an earlier report by the Financial Times claiming that he would be part of Sun’s new public venture.  Read more

BONK has advanced 5% as volume has surged 53%, reflecting renewed retail interest. Launchpad revenue burns, rising open interest and a bullish wedge breakout have seen analysts mark resistance at $0.00001803–$0.00002335, with upside targets that could match recent 60–90% projections. The post BONK Eyes 90% Breakout as Volume Surges 53% – Will Solana’s Rising Meme King Eclipse WIF? appeared first on Cryptonews.

Circle's stock is soaring right now—but what happens to the assets backing its USDC stablecoin if the public firm goes bust?

JPMD will offer services including digital assets trading, exchange, payments and issuance, according to the filing.

Ethereum, XRP, and Solana have become focal points for various crypto treasury strategies.

JPMorgan filed a trademark application for the mark “JPMD,” covering trading, exchange, transfer, and payment services tied to virtual currency, digital tokens, and blockchain-enabled money.  According to reports from June 16, the filing lists electronic fund transfers, real-time token trading, custody services, and secure online financial transactions. The document identifies JPMorgan Chase Bank, N.A., as […] The post JPMorgan files ‘JPMD’ trademark for digital asset payment services, hinting at potential stablecoin appeared first on CryptoSlate.

Italian soccer club Juventus has agreed to a three-year sponsorship deal with crypto exchange WhiteBIT, boosting WBT's price in the process.

Bitcoin gains momentum as spot BTC ETF inflows and stable derivatives data offset investors’ war and inflation concerns. Key takeaways: Bitcoin shows strength amid tensions in the Middle East and rising oil prices. Spot BTC ETF inflows and neutral derivatives markets signal steady market confidence. Read more

ChatGPT's advanced o3 Pro AI model has processed 47 live market indicators, including TradingView technical signals, Binance order-book flows, social media sentiment, and on-chain metrics, to deliver a surprising Dogecoin price prediction as the memecoin clings to $0.17778. The post ChatGPT’s o3 Pro Reveals Shocking DOGECOIN Price Prediction as It Tests Key $0.175 Support appeared first on Cryptonews.

Trump made $57M via WLFI, Bybit announced a hybrid DEX, and a French influencer was freed after showing low funds.

The public company made its largest Bitcoin buy since early May, scooping up 10,100 Bitcoin. 

Crypto exchanges Coinbase and Gemini are close to securing regulatory approvals granting them access to operate across the EU, Reuters reported on June 16, citing people familiar with the matter. According to the report, the expectation has intensified tensions among national regulators over the speed and oversight of new licensing under the bloc’s landmark crypto […] The post Gemini, Coinbase near EU licenses as regulators clash over rapid approvals appeared first on CryptoSlate.

Cantor initiated coverage of SOL treasury companies DFDV, UPXI and HODL with an 'overweight' rating.

Public miners race to scale as Bitcoin’s hashrate nears the zetahash threshold.

The CoinShares Solana ETF would track the sixth largest crypto by market cap and trade on the Nasdaq.

Coinbase has faced mounting backlash for sponsoring Donald Trump’s D.C. military parade celebrating the U.S. Army’s 250th anniversary and the former president’s 79th birthday. Critics have voiced concerns about the exchange’s neutrality, with some customers selling holdings and protests erupting nationwide.   The post Coinbase Sponsorship of Trump’s Army Parade Triggers Nationwide Backlash and Sell-Offs appeared first on Cryptonews.

Altcoins remain in a consolidation phase even as Bitcoin price looks ready to take a stab at new all-time highs. Key points: Bitcoin made a decisive break above $106,000, setting the stage for a possible retest of the all-time high at $111,980. Most major altcoins remain in a range, but HYPE has resumed its uptrend. Read more

Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X. WhiteRock surfaced in December 2024 with an anonymous team, overstated user counts, and unverifiable claims about a USDX reserve, researchers at Blokiments wrote in […] The post ZachXBT warns suspected ZKasino fraudster may be linked to new crypto venture WhiteRock appeared first on CryptoSlate.