Crypto

The SEC has named Jamie Selway, who has experience in the crypto industry, as its new director of the trading and markets division.

Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade. The price of Bitcoin (BTC) remains resilient, despite the recent Israeli airstrike on Iran, but could see a sharp correction in the short-term if Iran closes the Strait of Hormuz — a critical route for oil shipments — impacting all risk-on assets, according to Coin Bureau founder and market analyst Nic Puckrin. Bitcoin's short-term price action "depends on how things develop today and over the weekend," in the Israel-Iran conflict, the analyst wrote on Friday, adding: However, Puckrin stressed that Bitcoin's long-term price outlook is less influenced by geopolitics and more tied to the declining value of the US dollar, which just hit its lowest level in three years — suggesting long-term upside for the supply-capped asset. Read more

Cardano's ADA token dipped more than 6% as Charles Hoskinson defended a proposal to deploy 140M ADA from the treasury to kick-start stablecoin liquidity.

XYZVerse is a new meme coin project that has garnered significant attention from the crypto community thanks to its unique concept. It is the fist all-sports meme coin that offers real utility to all sports fans and crypto enthusiasts by partnering with sportsbook platforms. Still in a presale phase, XYZVerse has already formed a strong […] The post XYZVerse Gains Strong Momentum, Raising Over $14M in Stage 12 appeared first on CryptoSlate.

A new proposal within the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve. According to the proposal, the plan involves converting 500,000 DOT, valued at around $2 million, into Threshold Bitcoin (tBTC), a wrapped version of Bitcoin secured through threshold cryptography, which ensures decentralization and non-custodial management. Polkadot’s Bitcoin proposal Before […] The post Polkadot seeks stability with $2M Bitcoin reserve strategy amid DOT downturn appeared first on CryptoSlate.

Despite recent price struggles, NEAR Protocol becomes second most used L1 blockchain with 46 million monthly active users, signaling strong fundamentals amid market volatility.

A new support zone has been established, suggesting a short-term bottom.

The purchase announcement did little to the stock, which tumbled 70% on a late Thursday filing that allowed investors to sell shares.

Uniswap (UNI) reversed steep losses after a flash crash but slipped again as Trump warned of “more brutal” strikes against Iran.

The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully. Key takeaways The SEC has clarified that solo staking, delegated staking and custodial staking, when tied directly to a network’s consensus process, do not qualify as securities offerings. Post May 29 guideline, rewards earned from network validation are seen as compensation for services, not profits from the efforts of others, removing them from the Howey test classification. Read more

The latest episode of Decentralize with Cointelegraph unpacks why US crypto legislation must pass in 2025 or risk renewed crackdowns and political blowback. The window to pass meaningful cryptocurrency legislation in the United States is closing fast, and if missed, the industry could face long-term consequences, according to Marta Belcher, president of the Blockchain Association and the Filecoin Foundation. Speaking on this week’s episode of Cointelegraph’s Decentralize podcast, Belcher urged lawmakers and industry leaders to act before the 2026 election cycle threatens to derail the current momentum. Belcher said it is “absolutely critical” that legislation to clarify key elements within the industry is passed prior to the beginning of the next year.  Read more

SharpLink Gaming has established a significant Ethereum reserve, acquiring more than 176,000 ETH at an average price of $2,626 per token, according to a statement released on June 13. The $463 million investment marks the company as the first Nasdaq-listed firm to implement an Ethereum-focused treasury strategy. In addition, the company is the largest public […] The post SharpLink’s record $463M Ethereum acquisition fails to prevent 67% decline in stock appeared first on CryptoSlate.

The SEC has announced two high-profile leadership appointments that could shape the regulatory tone for digital assets and investment funds in the coming years. The post SEC Leadership Shakeup: Brian Daly and Kurt Hohl Step Into Key Roles — What It Means for Crypto? appeared first on Cryptonews.

Major crypto exchange Bitget has enabled the onboarding of Syrian citizens, effective immediately, after the US eased OFAC sanctions. The post Bitget Welcomes Syrian Users as US Eases OFAC Sanctions appeared first on Cryptonews.

Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle. If you’ve spent any time in the world of cryptocurrencies, you’ve probably heard the word “capitulation” thrown around, often during moments of panic when prices are plummeting.  But what does it mean when someone says the crypto market is capitulating? And why should you, as an investor or even an observer, pay attention? Let’s break it down. Read more

Oil price talk leads macro analysis amid Middle East tensions, but whether Bitcoin will suffer as a result is up for debate as traders see a BTC price comeback. Key points: Bitcoin recovers from a trip below $103,000 with markets on edge over the Israel-Iran conflict. Oil steals the show on the day, but analysis is far from unanimous on the outlook. Read more

This week's vote on stablecoin legislation ensures that finance will continue to be dollar-denominated and governed by American values, says Kristin Smith.

The company’s announcement follows confusion over a recent SEC filing and shares tumbling around 70% in after-hours trading on Thursday.

Though concerns about the Trump family’s connections to World Liberty Financial’s stablecoin shadowed debate on the GENIUS Act, the bill is closer to passing the Senate. Lawmakers in the US Senate are scheduled to consider a vote on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, after a majority chose to invoke cloture for the bill. According to a Thursday notice from Senate Democrats, the full chamber will vote on the GENIUS Act on Tuesday, June 17. The floor vote will follow senators proposing a variety of amendments to the bill, including one to address elected officials and their families potentially profiting through connections to the crypto industry. Read more

The number of crypto IPOs year-to-date matches the pace of offerings seen in the bull market of 2021, the report said.