Cointelegraph.com
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Cointelegraph.com - 06:54 Jun 07, 2025
The current streak of three consecutive trading weeks of inflows has accounted for approximately 25% of the total net inflows since the spot Ether ETFs launched in July 2024. US-based spot Ether exchange-traded funds (ETFs) have just recorded a third consecutive trading week of inflows. If next week follows suit, the current inflow streak alone may surpass $1 billion in total inflows. On June 6, spot Ether (ETH) ETFs posted $25.3 million inflows for the trading day, extending the streak to 15 consecutive inflow days, according to Farside data. The current inflow streak since May 16 has now brought in $837.5 million, roughly 25% of the total $3.32 billion in net inflows since spot Ether ETFs launched in July 2024. Read more -
Cointelegraph.com - 05:05 Jun 07, 2025
JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before “they freeze his fiat assets.” The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump. “The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a June 6 X post. Echoing a similar sentiment, JAN3 founder and CEO Samson Mow said in an X post on the same day, “@elonmusk, it’s time to go all in on Bitcoin.” Mow urged Musk to accept Bitcoin (BTC) payments for Tesla and adopt a Bitcoin treasury strategy. In 2021, Tesla stopped accepting Bitcoin as a means of payment due to environmental concerns. However, the firm still holds digital assets. On April 23, Cointelegraph reported that Tesla’s digital asset holdings dropped 11.61% in value from $1.076 billion to $951 million in Q1. Read more -
Cointelegraph.com - 02:31 Jun 07, 2025
The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth." Eric Trump, son of the US President, announced that Trump family-backed crypto platform World Liberty Financial (WLF) plans to acquire a significant amount of the Official Trump memecoin following his endorsement of the token. Some users in the crypto community were surprised that Official Trump (TRUMP) didn’t see a stronger price reaction. “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” Trump said in a June 6 X post. Read more -
Cointelegraph.com - 22:27 Jun 06, 2025
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors. The House of Streams, a Netflix series licensed for the UK and Ireland, will feature online streamers in competitions to take home one Bitcoin. According to the show’s website, eight contestants with a combined four million followers will appear on the reality TV series, set to premiere on June 18. The series will reportedly have Twitch streamers compete in a series of challenges to win 1 Bitcoin (BTC), worth more than $104,000 at the time of publication. It’s unclear why the Malta Film Commission, behind the production and filming of the show, chose to focus on a cryptocurrency prize for the contestants, but the creator of the series, Mark Holland, reportedly said “…the final reward couldn’t have been a simple cash prize or a trip to the Maldives.” The website issued a notice suggesting that some individuals had already used the show’s association with digital assets to issue a fr... -
Cointelegraph.com - 22:12 Jun 06, 2025
Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since. Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential draft registration statement on SEC Form S-1, which allows a company to file for IPO before publicly disclosing sensitive information. The filing comes amid renewed investor confidence as uncertainty due to trade wars has waned. The number of shares to be offered and the price range per share have not been determined. No date was mentioned for when the IPO might occur. Read more -
Cointelegraph.com - 21:34 Jun 06, 2025
ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers. Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were submitted to the regulator. The companies argued that by failing to abide by the first-to-file principle, the default process for application approval until crypto ETFs debuted, the SEC diminishes healthy competition and hinders financial innovation. The letter reads: “Continued global leadership of the United States in financial innovation is deeply connected to regulatory frameworks that actively support and reward entrepreneurship, creativity, and genuine innovation,” the letter continues. Read more -
Cointelegraph.com - 21:12 Jun 06, 2025
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor. Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by the political advocacy group Stand With Crypto. The event was held five days before New Jersey voters will go to the polls in party primaries, though reportedly more than 300,000 people have already cast their ballots. “I believe and the [state pension] board believes that cryptocurrency is an important part of the future of this country and the economic system of the world,” said Jersey City Mayor Steven Fulop, a Democratic candidate for governor, who was at the event. Read more -
Cointelegraph.com - 20:11 Jun 06, 2025
Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle. Arca Chief Investment Officer Jeff Dorman said the digital investment company has sold all of its Circle shares following the stablecoin company’s recent listing on the New York Stock Exchange. The update followed a scathing open letter published by Dorman on social media on June 5, criticizing Circle for giving the investment firm a “throwaway” allocation in Circle’s initial public offering (IPO). According to Dorman, Arca submitted an order for $10 million in Circle shares in April 2025 and only received a $135,000 allocation despite being a long-time supporter and one of the earliest investors to submit a bid. The executive wrote in a now-deleted letter: Read more -
Cointelegraph.com - 19:31 Jun 06, 2025
Allegations on the president’s ties to the crypto industry and claims of “Trump derangement syndrome” clouded attempts to reach an agreement on a market structure bill in Congress. Republican lawmakers on the House Financial Services Committee (HFSC) pushed back against concerns that US President Donald Trump could personally profit from his exposure to the crypto industry, dismissing the claims as political “theatrics” amid ongoing debate about digital assets legislation. In a June 6 hearing organized by Democrats, HFSC ranking member Maxine Waters defended that the lawmakers should focus on “information that has not been explored during the committee hearing” on June 4, which dealt with concerns around the Digital Asset Market Clarity (CLARITY) Act. The debate around the crypto market structure bill, expected to head for a vote on June 10, has been partly shadowed by calls for provisions to stop Trump from potentially using the legislation to his personal benefit. Representative Bryan Steil, who chairs the ... -
Cointelegraph.com - 18:49 Jun 06, 2025
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case. Update (7:40 pm UTC): This article has been updated to include a statement from Google. Growing momentum for United States stablecoin regulation is reportedly pushing major tech firms like Apple, X, and Airbnb to explore digital token integration According to a June 6 report from Fortune, at least four tech companies, including Apple, X, Airbnb and Google, are exploring stablecoins as a means to lower fees and improve cross-border payments. Each company is in a different stage of implementation, with Google perhaps the farthest ahead, having facilitated two stablecoin payments already. Read more -
Cointelegraph.com - 18:00 Jun 06, 2025
Bitcoin’s consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules. Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency. Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, may lay the foundation for a Bitcoin cycle top of over $150,000, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures. Meanwhile, venture capitalist (VC) interest has slumped. The number of VC deals closed recorded its lowest month of the year in May, with just 62 investment rounds resulting in $909 million raised. Read more -
Cointelegraph.com - 17:02 Jun 06, 2025
The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria. Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6. The former Binance executive said he would remain in the crypto industry and highlighted his work aiding law enforcement investigations worldwide in a June 6 X post. Gambaryan added: “That is where I intend to continue making a difference, whether back in public service or with a mission-driven institution in the private sector,” Gambaryan said. Read more -
Cointelegraph.com - 16:45 Jun 06, 2025
Bitcoin is now front and center at political conferences and corporate boardrooms. In this episode of Byte-Sized Insight, we're at Bitcoin 2025 exploring whether it has been captured, or simply arrived. Sixteen years after its launch, Bitcoin is no longer just a cypherpunk experiment or an anti-establishment asset. In 2025, it’s increasingly rubbing shoulders with politicians, institutions, and Wall Street titans. That shift was on full display at the recent Bitcoin 2025 conference in Las Vegas, where Cointelegraph was on the ground to capture the mood. In this week’s episode of Byte-Sized Insight, Cointelegraph’s Gareth Jenkinson explores whether politics and institutions have captured Bitcoin (BTC) or whether it has simply become too important to ignore. Read more -
Cointelegraph.com - 16:03 Jun 06, 2025
Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers. Key points: Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels. Several altcoins held their respective support levels, signaling a possible consolidation in the near term. Read more -
Cointelegraph.com - 15:20 Jun 06, 2025
Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays. Key takeaways: Leveraged bets and a bull trap setup drove Bitcoin's drop to $100K. Recession fears and custody doubts keep Bitcoin from reclaiming $110K. Read more -
Cointelegraph.com - 15:10 Jun 06, 2025
In peer-to-peer crypto lending, knowing how to exit safely when rates fall or platforms falter is just as important as getting started. P2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms. Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates. Choosing the right platform requires evaluating factors like security, interest rates, loan terms and user experience. Read more -
Cointelegraph.com - 15:00 Jun 06, 2025
When administrations erase or quietly remove public data sets, it’s not just bureaucratic housekeeping — it’s a threat to transparency, accountability and the collective memory of society. Opinion by: Phil Mataras, founder and chief executive officer at AR.io Let’s stop pretending that data just disappears. It doesn’t. It’s deleted, erased, buried and more often than not, done deliberately. Every time a new administration seizes power, priorities are reshuffled. This is to be expected, but what is unacceptable is the quiet, coordinated disappearance of public information. It can already be seen, particularly in the United States, and at a pace that should alarm anyone who cares about truth. Read more -
Cointelegraph.com - 14:42 Jun 06, 2025
Bitcoin manages to shake off a US nonfarm payrolls beat as Trump insists yet again that the Fed begins to cut interest rates — will Chair Jerome Powell listen? Key points: US President Donald Trump switches his focus from Elon Musk to Fed Chair Jerome Powell as he demands interest-rate cuts. Bitcoin continues its rebound from the Trump-Musk debacle despite strong US employment data. Read more -
Cointelegraph.com - 13:36 Jun 06, 2025
The Monetary Authority of Singapore has effectively banned most crypto firms from serving only foreign clients by requiring a license, which it says it will “generally not issue.” The Monetary Authority of Singapore (MAS) has shed light on its Digital Token Service Providers (DTSPs) regime, following widespread panic in the industry over a potential ban on crypto firms serving overseas clients In a June 6 announcement, MAS reiterated that starting June 30, crypto firms “providing services solely to customers outside of Singapore relating to digital payment tokens and tokens of capital market products will need to be licensed.” However, the regulator warned that such licenses will be granted only in “extremely limited circumstances.” Read more -
Cointelegraph.com - 12:53 Jun 06, 2025
FIFA is launching its own layer-1 blockchain to take control of digital assets, ticketing and fan experiences, potentially transforming football for billions of global supporters. In May 2025, FIFA announced the launch of a dedicated layer-1 blockchain utilizing Avalanche’s Subnet technology. This transition marks a departure from its previous use of the Algorand blockchain, which had powered FIFA’s initial ventures into Web3, including the FIFA Collect NFT marketplace launched ahead of the 2023 Club World Cup in Saudi Arabia. Read more
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