Crypto

Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW. The core issue here lies in capacity payments, fixed fees paid to power plants regardless of whether they produce electricity, which have soared as high as 2.1 trillion Pakistan rupees($7.45 billion) annually. Read more

Hedge funds like Qube, Virtu and Jump are hiring weekend crypto traders as traditional finance adapts to nonstop digital asset markets. The always-on crypto market is reshaping global finance, pushing hedge funds and trading firms to look beyond traditional hours and staff desks through the weekend. Qube Research & Technologies, a global quantitative investment management firm headquartered in London, is hiring for a “Crypto | Quant Trader (Weekend Shift)” role in London, which requires weekend availability in addition to a four-day workweek. The role, which includes overseeing continuous crypto trading, monitoring strategy performance and risks and implementing signals and data sets, requires working every other weekend and a normal day shift four days per week. Read more

BTC price requirements are clear as consolidation below all-time highs continues. Can Bitcoin bulls stick to the plan and avoid falling back below $100,000? Key points: Bitcoin and crypto markets stalled despite positive inflation data thanks to the US keeping tariffs on China, analysis says. $100,000 and the 2025 yearly open are key support levels going forward. Read more

The new SEC framework imposes minimum capital, local incorporation, and strict data rules on crypto firms operating in the Philippines.

Senators Warren and Blumenthal are demanding answers from Meta over renewed stablecoin plans, warning of risks to competition and privacy.

ASIC has banned Glenda Rogan for misleading conduct after she allegedly transfered client funds into blacklisted crypto platform.

The decentralized physical infrastructure platform wants to scale and improve data infrastructure for vehicles in Japan.

Hollywood studios are accusing Midjourney of rampant copyright infringement, citing unauthorized use of iconic characters.

ETH is building institutional momentum despite macro jitters, now accounting for 45% of perpetual futures volume, surpassing BTC.

Bitcoin trades near $109K as Germany’s Evertz Pharma adds $10.8M BTC, Trump seals China deal, and markets await U.S. inflation data. Will BTC break out? The post Bitcoin Price Prediction: BTC Eyes $110K as Evertz, Trump Fuel Momentum appeared first on Cryptonews.

GameStop’s latest convertible senior note proposal pushed the stock price down further just days after Q1 revenue missed expectations. GameStop (GME) shares fell 11.7% in after-hours trading after announcing a $1.75 billion private convertible senior note offering — extending its debt financing strategy that could fund additional Bitcoin purchases. GME had already slid 5.34% to $28.55 during normal trading hours on Wednesday after GameStop reported a first-quarter revenue fall of 17% in after-hours the day before.  The US video game and consumer electronics retailer didn’t explicitly state that the proceeds would be used to fund additional Bitcoin purchases, but said it intends to make investments in a manner consistent with GameStop’s investment policy in addition to potential acquisitions. Read more

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of […] The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys appeared first on CryptoSlate.

A serving South Korean police officer has been charged with fraud and embezzlement as part of an investigation into a suspected 700 million won ($509,200) crypto fraud scheme. The post South Korean Police Officer Charged in $509k Crypto Fraud Probe appeared first on Cryptonews.

Bitcoin miner Bitdeer reported an increase in BTC mined in May, an 18% jump from April, as the industry recovers from a tough spell.

GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the […] The post GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions appeared first on CryptoSlate.

The U.S. Senate has advanced the GENIUS Act after a 68-30 cloture vote, opening the path for Monday final consideration of a bill mandating dollar reserves, annual audits for issuers above $50 billion and oversight of foreign stablecoins, amid debate over Trump’s growing crypto ties. The post Senate Stablecoin Drama Heats Up: GENIUS Act Faces Final Vote Amid Trump-Linked Controversy appeared first on Cryptonews.

The two men charged with kidnapping a Bitcoin investor in NYC have pleaded not guilty as wild new details emerge in a court appearance.

Brian Quintenz, nominated by Donald Trump to head the CFTC, has reiterated his crypto-friendly stance, telling the Senate Agriculture Committee that Congress should deliver clear token classifications and trading-market oversight. He also noted the agency’s staffing upheaval amid policy shifts. The post Brian Quintenz Champions ‘Comprehensive’ Crypto Framework in Heated Senate Agriculture Hearing appeared first on Cryptonews.

Distorted price signals from fiat currencies have destroyed the ability to make rational economic calculations, according to Truth for the Commoner founder Marty Bent. Truth for the Commoner (TFTC), a media company that advocates for Bitcoin and sound money principles via a newsletter and podcast, launched the “Opportunity Cost” browser extension on Wednesday, allowing users to view online prices in Bitcoin (BTC) or sats to weigh purchasing decisions. TFTC founder and contributor Marty Bent outlined three main goals of the extension, including promoting low time preference behavior — a reference to a willingness to defer present consumption to meet future needs — increasing Bitcoin adoption and providing a tool for business owners to calculate revenue denominated in BTC. Bent told Cointelegraph: “Bitcoin reintroduces a proper hurdle rate that enables individuals to truly weigh the opportunity cost of their spending decisions,” the TFTC founder said. The software is open-source and has no revenue model. A hurd...

A new Similarweb report reveals that ChatGPT commands 5.5 billion monthly visits while competitors struggle to make a fraction of that.