Crypto

During an April interview, Tether CEO Paolo Ardoino unloaded on competitor Circle and its big Wall Street plans—which culminated today, to massive success.

Wallets with under-six-month-old coins now hold 5.6% of all BTC, which points to aggressive, fresh buying behavior.

What began as a spat over the GOP tax and spending bill moving through Congress morphed into uncharted levels on Thursday.

India and US negotiators have begun their latest round of trade talks in New Delhi, focusing on cutting farm and auto tariffs, quota-based concessions and a possible average 10% rate. Officials have said an announcement could come by late June as both sides work to meet Trump’s July 9 deadline. The post India U.S. Tariff Pact Races Toward 10% Deal Before Trump’s July 9 Deadline appeared first on Cryptonews.

Circle has made a high-profile NYSE debut, pricing its IPO above range and watching shares surge up to 160%. The USDC stablecoin issuer has leveraged investor appetite for transparent, regulated crypto infrastructure to fund wider expansion across global payments and trading. The post Circle Skyrockets 160% in NYSE Debut After IPO Prices Above Forecast Range appeared first on Cryptonews.

Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins […] The post Uber eyes stablecoins for faster settlements, lower FX costs for global operations appeared first on CryptoSlate.

According to OFAC, Funnull Technology Inc. provides computer infrastructure for “hundreds of thousands” of pig butchering websites.

The euphoric action harkens back to the 2021 Coinbase IPO, which didn't end well for those who piled in near the high.

Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions. The world’s largest cryptocurrency touched a low of $101,500 before stabilizing […] The post Bitcoin dives below $102k amid fading momentum and macro uncertainty appeared first on CryptoSlate.

The company could become the latest crypto firm to sell as bitcoin’s rally fuels an acquisition boom.

Uber is exploring using stablecoins, seeing them as a faster, cheaper route for crossborder payouts. CEO Dara Khosrowshahi noted Bitcoin’s store-of-value role and left the door open to accepting crypto for rides when high fees and emissions concerns drop, as US lawmakers debate stablecoin rules. The post BREAKING: Uber Explores Global Stablecoin Transfers as CEO Hails Bitcoin ‘Proven’ Store of Value appeared first on Cryptonews.

But social media observers say the miner rented extra hashpower.

All three of U.S. President Donald Trump’s sons have denied being involved with Magic Eden’s plans for a $TRUMP wallet.

Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the closing of all Arca’s accounts with Circle. According to Dorman’s post, Arca was granted only a $135,000 participation in its $10 million order on the offering. Dorman said Arca was one of the first entities to make an offer. The executive said the company is one of Circle’s earliest backers and held steady even amid rumors of Circle delaying its IPO plans due to the macroeconomic shock of tariffs. The letter read: “Most of Arca’s management team left Wall Street eight years ago to start a crypto-native company sp...

$FARTCOIN has broken an ascending channel and dipped below $1, yet a single investor has taken a $3M stake, reinforcing the view that the memecoin has entered oversold territory. Analysts have noted that holding $0.606 may open room for a recovery toward $2–$3, while failure could expose $0.50. The post $FARTCOIN Dips Under $1 – Could it Still March Towards $3 in 2025? appeared first on Cryptonews.

Solana (SOL) breached key support after large inflows to exchanges triggered high-volume selling despite continued strength in network usage.

World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” World Liberty Financial (WLFI), the cryptocurrency platform backed by US President Donald Trump and members of his family, has reportedly issued a cease-and-desist letter to the company responsible for creating a Bitcoin wallet tied to the president’s brand. According to a June 5 Bloomberg report, WLFI sent the letter to Fight Fight Fight LLC, the company that owns Gettrumpmemes.com and is behind issuing the TRUMP memecoin. The cease-and-desist notice was reportedly issued after the non-fungible token marketplace Magic Eden and the team behind the memecoin revealed a waitlist for a crypto wallet featuring Trump’s name. Donald Trump Jr., the president’s eldest son and a “Web3 ambassador” for WLFI, said on June 3 that the Trump Organization had “zero involvement” with the crypto wallet project, announcing that the group was planning its own launc...

Bitcoin's on-chain fundamentals are demonstrating significant upticks in wallet creation and token movement, which hints at renewed network strength.

“You don’t see that often,” Bitwise’s Juan Leon remarked.

Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million […] The post Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts appeared first on CryptoSlate.