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Found 1737 news

  • Ethereum open interest hits all-time high as price rises to 4-month high
    CryptoSlate - 17:00 Jun 11, 2025
    Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February. The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move. On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, […] The post Ethereum open interest hits all-time high as price rises to 4-month high appeared first on CryptoSlate.
    Tags: Ethereum
  • Polygon’s governance revamp to focus on stablecoin payments and AggLayer
    CryptoSlate - 16:00 Jun 11, 2025
    Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […] The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on CryptoSlate.
    Tags: Polygon AggLayer
  • Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment
    CryptoSlate - 22:00 Jun 10, 2025
    On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 […] The post Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment appeared first on CryptoSlate.
    Tags: Bitcoin
  • Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges
    CryptoSlate - 21:15 Jun 10, 2025
    The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The […] The post Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges appeared first on CryptoSlate.
    Tags: Ethereum Foundation
  • SEC reportedly fast-tracks Solana ETFs: potential approval arrives within 5 weeks
    CryptoSlate - 20:28 Jun 10, 2025
    The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions. The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. […] The post SEC reportedly fast-tracks Solana ETFs: potential approval arrives within 5 weeks appeared first on CryptoSlate.
    Tags: Solana ETFs
  • Fortune 500 blockchain adoption hits 60% as institutions inject $50B into crypto funds in Q1
    CryptoSlate - 19:16 Jun 10, 2025
    Fortune 500 companies and global asset managers continued to expand blockchain activity and allocations during the first half of 2025, according to Coinbase’s latest State of Crypto report. Six in ten Fortune 500 executives say their firms run on-chain initiatives, and the average number of projects per company jumped to 9.7 from 5.8 year on […] The post Fortune 500 blockchain adoption hits 60% as institutions inject $50B into crypto funds in Q1 appeared first on CryptoSlate.
    Tags: Fortune
  • Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions
    CryptoSlate - 18:12 Jun 10, 2025
    The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a […] The post Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions appeared first on CryptoSlate.
    Tags: Bitcoin Blockchain Group
  • Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance
    CryptoSlate - 17:30 Jun 10, 2025
    Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully […] The post Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance appeared first on CryptoSlate.
    Tags: Guggenheim Ripple XRPL
  • Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals
    CryptoSlate - 16:14 Jun 10, 2025
    Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […] The post Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals appeared first on CryptoSlate.
    Tags: Bitcoin Alby
  • 80% of CME crypto futures expire by August
    CryptoSlate - 14:34 Jun 10, 2025
    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.
    Tags: August
  • Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem
    CryptoSlate - 12:41 Jun 10, 2025
    Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […] The post Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem appeared first on CryptoSlate.
    Tags: DeFi Cardinal Bitcoin Cardano
  • Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge
    CryptoSlate - 12:38 Jun 10, 2025
    Staked ETH has reached a new all-time high of 34,824,875 ETH. The total represents 28.15% of the Ethereum supply now locked in staking contracts. The validator count stands at 1,088,277, and staking activity is pushing upward after a period of consolidation and a brief decline earlier in the month. Lido remains the leading staking entity, […] The post Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge appeared first on CryptoSlate.
    Tags: Ethereum Staked
  • RLUSD surpasses $300M supply as Ripple secures UAE backing
    CryptoSlate - 00:00 Jun 10, 2025
    Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis […] The post RLUSD surpasses $300M supply as Ripple secures UAE backing appeared first on CryptoSlate.
    Tags: Ripple RLUSD
  • Bitcoin climbs back to $110k amid sustained corporate, institutional interest
    CryptoSlate - 23:06 Jun 09, 2025
    Bitcoin (BTC) rebounded above $110,000 on June 9, regaining ground lost in last week’s selloff as investors rotated back into digital assets on the back of strong ETF inflows, easing macroeconomic tensions, and renewed optimism across risk markets. The world’s largest crypto reached an intraday high of $110,653 from a daily low of $105,426 earlier […] The post Bitcoin climbs back to $110k amid sustained corporate, institutional interest appeared first on CryptoSlate.
    Tags: Bitcoin
  • ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge
    CryptoSlate - 21:45 Jun 09, 2025
    ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as […] The post ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge appeared first on CryptoSlate.
    Tags: Bitwise ProShares CRCL ETFs August
  • BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting
    CryptoSlate - 21:15 Jun 09, 2025
    BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested. Filed on June 6 in […] The post BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting appeared first on CryptoSlate.
    Tags: Bitcoin Coinbase BiT Global
  • BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record
    CryptoSlate - 20:30 Jun 09, 2025
    BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days.  Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by […] The post BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record appeared first on CryptoSlate.
    Tags: IBIT BlackRock
  • Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia
    CryptoSlate - 20:00 Jun 09, 2025
    Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used […] The post Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia appeared first on CryptoSlate.
    Tags: CBDC Hong Kong Chainlink Visa Australia
  • SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech
    CryptoSlate - 19:15 Jun 09, 2025
    US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property […] The post SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech appeared first on CryptoSlate.
    Tags: DeFi SEC Chair Paul Atkins
  • Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack
    CryptoSlate - 18:45 Jun 09, 2025
    The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image […] The post Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack appeared first on CryptoSlate.
    Tags: Bitcoin Paraguay

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