Bitcoin miners offer a glimpse into potential price upside to come as the historically accurate Hash Ribbons flips green. Key points: A historically accurate Bitcoin price metric is flashing green for the third time this year. Miners’ BTC sales have slowed since the start of the year compared to 2024. Read more
Anthropologist Bill Maurer joins the Clear Crypto Podcast to explore how blockchain revives ancient ideas about money, not as tokens, but as systems of record-keeping and social trust. If money isn’t coins, bills or even cryptocurrencies, what is it, really? That’s the question at the heart of this week’s episode of The Clear Crypto Podcast, where hosts Nathan Jeffay (StarkWare) and Adrian Blust (Tonal Media) sit down with Bill Maurer, dean of the UC Irvine School of Social Sciences and a leading anthropologist of finance. “I generally begin by going back to history and talking about case studies like ancient Mesopotamia,” Maurer said. He explained that leading into a conversation about blockchain or crypto, he points to the emergence of society, and therefore the eventual emergence of a currency system. However, at the beginning, it wasn’t a token, coin or banknote; it wasn’t even something that was “passed hand to hand.” Read more
Safe, formerly Gnosis Safe, has launched a subsidiary called Safe Labs to develop enterprise-grade self-custody solutions based on its smart contract wallet infrastructure. Safe, a crypto self-custody company previously known as Gnosis Safe, has launched a subsidiary, Safe Labs, to build enterprise-grade self-custody solutions. According to a June 5 announcement shared with Cointelegraph, Safe Labs is a commercial subsidiary wholly owned by Safe. It will focus on building institutional products using Safe Smart Accounts, a modular smart contract-based wallet system. “The future of Web3 depends on giving users absolute confidence in their digital sovereignty,” said Lukas Schor, co-founder of Safe and president of the Safe Ecosystem Foundation. “With Safe Labs, we’re building the infrastructure to make that possible — enterprise-grade, secure and intuitive by design.” Read more
Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors. Circle, the issuer of the second-largest stablecoin by market capitalization, USDC, has begun trading on the New York Stock Exchange (NYSE). Circle CEO Jeremy Allaire took to X on June 5 to announce the company’s public debut of CRCL shares on the NYSE. The company’s public listing comes 12 years after Allaire co-founded Circle with Sean Neville with a mission to remake the global economic system by “re-imagining and re-building it from the ground up natively on the internet,” the CEO said. Read more