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Source: Cointelegraph.com

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Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC. Read full article
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Worldcoin is an overlooked bet on the AI IPO wave: Maelstrom
Maelstrom predicts the WLD token will reach $5 by August, a gain of around 900% from current levels. Read full article
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US House Democrats call for FTC probe into prediction markets
The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices. Read full article
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About 67% of banned Anthropic accounts used AI to prep for cyberattacks
AI firm Anthropic mapped a year’s worth of AI-enabled cyber threats, finding that malicious actors are quickly becoming more dangerous with AI. Read full article
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Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday. Read full article
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Coinbase freezes $3M tied to Southeast Asia crypto fraud networks
Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania. Read full article
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CFTC follows SEC in scrapping ‘no-deny’ policy for settlements
CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions. Read full article
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Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country's tax office only saw 58 filers took advantage of the procedure. Read full article
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Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM
Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level. Read full article
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Wyoming executive order to guide AI data center development
Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment. Read full article
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US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. Read full article
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Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Read full article
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Crypto PAC-supported candidates sweep US state primaries after media buys
Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs. Read full article
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Agentic payment activity tops 100M transactions on Base
New data suggests AI-driven payment rails are evolving beyond experimentation as users are making more higher-value transfers. Read full article
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Bitcoin copying 2022 'almost perfectly' as trader sees key support failing
Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat. Read full article
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Binance discloses revenue-sharing deal with Alpaca
A Binance legal document disclosed a revenue-sharing agreement with Alpaca, which includes sharing 50% of the stock custodian’s order flow revenue with the cryptocurrency exchange. Read full article
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Crypto firms face July 1 EU cutoff as MiCA grace period ends
The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review. Read full article
19h ago
Cointelegraph.com
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Hyperliquid bear turns bullish after losing over $46M shorting HYPE
The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets. Read full article
19h ago
Cointelegraph.com
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Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?
Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk. Read full article
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Binance to end NFT support on exchange, shift service to wallet
Binance exchange said it will move NFT support from its exchange to its non-custodial wallet and offered users 30 days to migrate their NFTs. Read full article
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Kraken parent Payward brings tokenized IPO access to retail investors
Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks. Read full article
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Zcash fixes Orchard bug after emergency network upgrade
Zcash Open Development Lab said the network briefly became unstable as miners upgraded, while the Zcash Foundation said there was no evidence of an exploit. Read full article
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UK regulator warns Premier League clubs over unauthorized crypto sponsors
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout. Read full article
21h ago
Cointelegraph.com
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Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK. Read full article
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Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains. Read full article
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Trezor says Safe 7 chip flaw found by Ledger does not put funds at risk
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure. Read full article
24h ago
Cointelegraph.com
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Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support. Read full article
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Bitcoin has hit 'max fear' below $67K as analysis sees BTC price rebound
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks. Read full article
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Bitcoin falls below $66K as US and Iran launch new strikes
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Read full article
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US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February. Read full article
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New York and Europe’s finance watchdogs team up to police stablecoins
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders. Read full article
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Modern robots impress, but are years away from replacing humans
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages. Read full article
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Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Read full article
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Cardano’s TapTools to wind down after 5 execs exit
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform. Read full article
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UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation. Read full article
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US lawmakers push back on Labor Department plans to include crypto in 401(k)s
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Read full article
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SEC makes digital assets strategic priority through 2030
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets. Read full article
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Crypto correction vaporized $176B in investor funds: Are bears back in control?
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets? Read full article
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Crypto PACs pour $3M into Maryland races as California voters head to polls
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month. Read full article
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Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Read full article
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Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. Read full article
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Insurance giant WTW moves into crypto asset recovery with Redefind buy
The global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs. Read full article
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Bitcoin gets new $50K target after BTC price crashes 6% in a day
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Read full article
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CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events. Read full article
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Movement expands stablecoin payments push with access to US, Canada, EU rails
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances. Read full article
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Crossmint enables Visa card payments for AI agents and autonomous commerce
The new API lets AI agents make purchases with eligible Visa cards using tokenized credentials and spending controls, expanding payment options for autonomous software. Read full article
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Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute. Read full article
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HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing. Read full article
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Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages. Read full article
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Kaiko acquires Amberdata in blockchain data consolidation push
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research. Read full article
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MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments. Read full article
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How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles. Read full article
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Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps. Read full article
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EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float. Read full article
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Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy. Read full article
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Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase. Read full article
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Crypto treasury inflows fall to lowest level since 2024
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April. Read full article
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Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions. Read full article
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Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade
Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked. Read full article
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Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line. Read full article
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Robinhood enters Canada after $180 million WonderFi acquisition
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control. Read full article
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Bitcoin falls to 2-month low as divergence to equities deepens
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.” Read full article
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Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee: Analyst
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart. Read full article
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TON jumps 15% as The Open Network plans rebrand to Gram
Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram. Read full article
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Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strength
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase. Read full article
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Strategy’s Bitcoin sale causes clash for $80M in Polymarket bets
A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome. Read full article
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DeFi protocol Radiant to wind down after failing to recover from 2024 hack
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions. Read full article
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