Crypto

The European fintech giant is launching a physical debit card that lets users spend the popular meme coin anywhere Visa and Mastercard are accepted with zero extra exchange fees.

Bitcoin dropped to the crucial $76,000 support level while large-cap altcoins sold off sharply. Do technical charts suggest that traders will buy the dip? Key points: Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.” Institutional investors also seem to be turning cautious in the short term. According to SoSoValue data, spot BTC exchange-traded funds recorded $1 billion in weekly net outflows. That was the first net outflow after six successive weeks of inflows totaling $3.4 billion. Read more

Solana, XRP, and Dogecoin attracted fresh investor demand even as Bitcoin and Ethereum experienced sharp institutional selling pressure.

Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1. Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House of Representatives, Bernie Perryman, said in March that the bill was intended to ensure that “Minnesota-based financial institutions are allowed to evolve alongside their customers and members rather than forcing Minnesotans to rely on unregulated, out-of-state or offshore providers for services.” Read more

The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.

Vitalik Buterin said mathematically verified software may help protect cryptographic infrastructures as AI improves both code generation and vulnerability discovery.

The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum.

DefiLlama’s RWA category data puts the RWA tokenization market near $30 billion on-chain, with only $2.47 billion appearing as DeFi active TVL, the value actually deposited or pooled inside third-party DeFi protocols the platform tracks. The rest of the tokenized real-world assets market sits outside the lending markets and collateral vaults that make crypto assets […] The post Why the $30 billion RWA tokenization boom is barely reaching DeFi appeared first on CryptoSlate.

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March.

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows. Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Read more

Hive Digital Technologies’ stock price popped after the Bitcoin miner unveiled a massive data-center buildout in Ontario, Canada.

The UK’s central bank and financial regulator have launched a joint Call for Input as tokenization moves from “pilots to production.”

Bitcoin is trading at $76.8k as the third week of May opens. It has surrendered the $80k breakout that defined the prior week’s narrative. The short-term bullish trendline that supported the inner rally structure has been broken, and the price has pulled back into the mid-range of the large ascending channel on the daily timeframe. […]

The move brings onchain yield and lending to the payments-focused chain in a bid to offer full-stack onchain finance platform to companies building on it.

Bitcoin ETFs bore the brunt of a geopolitically driven sell-off, CoinShares said, though altcoin funds largely held their ground.

Ether price fell sharply below $2,100 as increasing sell pressure on Binance and persistent ETF outflows fueled bearish momentum. Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Data from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD hit $2,090 on Bitstamp, its lowest level since April 17. Read more

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

BitMine Immersion Technologies added $151 million in Ethereum amid last week's price slide, with Tom Lee citing the "attractive opportunity."

Tom Lee said Bitmine expects to reach its long-term goal of owning 5% of Ethereum's supply sometime during 2026.