Crypto

The $0.70 level is a key psychological support zone for ADA's price stability, CoinDesk Research's technical analysis shows.

ETH leads majors, DeFi coins soar, HYPE hits ATH FOMO HOUR EP375 ETH leads majors as BTC briefly hits $110k. Staking not a securities transaction: Atkins. Atkins set to remove regulatory barriers for DeFi. AAVE & UNI lead DeFi coins higher. HYPE hits ATH, assistance fund now owns $1bn. Staked Ethereum hits ATH. Circle hits 4x IPO price. South Korea unveils plan to allow stablecoins. BTC Coinbase premium at 4-month high. Crypto fund assets hit record high in May. BlackRock BTC ETF fastest ever to hit $70bn AUM . Siebert to raise $100m to buy crypto. Japan’s ANAP adopts BTC reserve. Societe Generale launches USD stablecoin. ADA founder launches BTC DeFi protocol. Tether’s MOS to be open sourced in Q4 2025. Uphold explores IPO, or sale to payments firm. DoJ indicts Gugnin for laundering $530m crypto. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with so...

Bitcoin is due a modest consolidation phase before taking a run at price discovery, says the latet analysis — will US inflation data help it get there? Key points: Bitcoin is due a fresh run at all-time highs, traders believe, but a corrective phase is due first. BTC price targets include $107,000, with the six-figure barrier still on the table. Read more

Focusing solely on prices masks the real progress taking place on blockchains like Ethereum, says William Mougayar, founder of the Ethereum Market Research Centre.

Avalanche’s token shows remarkable strength amid market volatility, with a strong volume-backed breakout.

Market observers heralded the SEC Chair Atkins' comments as positive development for the sector, with Binance founder CZ saying that June 9th "will be remembered as DeFi day."

While headlines proclaim the NFT market’s demise, NFTs are quietly shifting from speculative assets to essential digital infrastructure. NFTs are moving beyond speculation to underpin gaming, AI and Web3. Opinion by: Charu Sethi, president of Unique Network  Some argue that NFTs are dead. Others are holding out for the speculative art boom to return with the next market cycle. Both assumptions miss the reality. NFTs are neither obsolete nor poised for another speculative hype wave. What’s unfolding instead is likely the most important phase in their evolution: where NFTs are transitioning into core digital infrastructure underpinning gaming, AI and machine-driven applications. There are clear signs that NFT utility is replacing speculation, and the trend is holding. According to DappRadar, in Q1 2025, NFT trading volume dropped 24%, but sales declined only by 10%, pointing to lower average prices rather than user exit. AI and social DApps — with the potential to leverage NFTs for agent identity, assets, crede...

The Web3-AI movement is short on talent, data, compute, infrastructure and capital and risks becoming an afterthought to the centralized ecosystem, says Jesus Rodriguez.

Under a proposed law, companies would be able issue their own tokens provided they meet equity capital requirements and can guarantee refunds through reserves.

Cybercriminals hijack or impersonate trusted X accounts to post phishing links that lead users to fake sites or malicious smart contracts designed to steal crypto. Hackers often hijack trusted accounts or create fake ones to post phishing links that look legitimate. If you use X regularly, you’ve probably seen a giveaway post or a “limited-time airdrop” link that seems to come from a trusted source. This is exactly what scammers rely on. They either break into verified accounts or impersonate big names in crypto. Then they publish posts urging you to click a link and connect your wallet. Read more

As the bitcoin counts of long-term holders has increased, that of short-term holders has fallen.

CME’s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market […] The post 80% of CME crypto futures expire by August appeared first on CryptoSlate.

Now Musk is out of DOGE, analysts say he might pump Dogecoin again. Plus what do crypto futures and prediction markets tip will happen next? Welcome to Trade Secrets. This month, were talking to top crypto analysts about where Bitcoin and other major cryptocurrencies are going in the year ahead and checking the options data and prediction markets.  Santiment analyst Maksim Balashhevich says now that Elon Musk is no longer working for the White House, he has time for more pro-Dogecoin antics, meaning another price rally could be on the horizon. The fact that Musk and Trump are now fighting opens up the potential for Musk to return to his old crypto playbook, says Balashhevich. Read more

Decentralized exchange aggregator 1inch claims up to 6.5% better swap rates after its latest update. Decentralized exchange (DEX) aggregator 1inch has deployed an update for its price route discovery algorithm, claiming up to 6.5% better swap rates. In a June 10 announcement shared with Cointelegraph, 1inch claims its “Pathfinder” upgrade results in better swap rates, while also making them faster and more seamless. The new algorithm consolidates specific swap steps and maximizes the use of concentrated liquidity, promising better gas efficiency. A 1inch representative said the team hopes the gas efficiency improvements will decrease the barrier to entry for retail investors. “This can encourage more frequent usage and build trust in DeFi platforms, making DeFi more accessible,” they said. Read more

UK to trial self-driving taxis in London by 2027 as Waymo cars get torched in LA protests—will autonomous vehicles survive the streets?

Haun Ventures general partner Diogo Monica claims that stablecoins are safer than commercial bank deposits, but critics warn of transparency issues with issuers like Tether. Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Read more

The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told Cointelegraph, and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since.  Treasury reserves, sometimes called cash reserves, are held by corporations to fund short-term or emergency obligations. These are typically cash or cash equivalents like money market funds or three-month US Treasury bills. The social media giant Meta keeps $72 billion in liquid assets in its reserve. But at its annual meeting on May 28, shareholders turned back a proposal to assess whether Bitcoin (BTC) might qualify as a future treasury reserve asset. The proposal was dismissed by a ratio of 1,221 to 1. Read more

American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger. American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin (BTC), it disclosed in a June 6 filing with the US Securities and Exchange Commission (SEC). The stash, currently worth over $23 million, was not previously disclosed. “ABTC considers its reserve a core strategic asset, managed adaptively to support balance sheet strength with a view to enhancing long-term stockholder value,” the firm stated. Read more

Ripple’s price is compressed between major moving averages, signaling a buildup for a potential breakout. Watch for a decisive move above $2.35, which could unleash strong bullish momentum toward $2.5. Until then, XRP remains range-bound with limited short-term direction. XRP Technical Analysis By Shayanmarkets The Daily Chart Ripple is currently trading within a narrow consolidation […]

Cointelegraph and Audius are launching a remix contest to spotlight how decentralized platforms are empowering artists and redefining creative ownership to reshape the music industry. As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans.  However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative.  Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models.  Read more