Crypto

Milei's government unveiled a social digital twin to overhaul public policy—announced via a video full of AI slop, grammatical errors, and a deepfake of a minister.

Hyperliquid’s surge and renewed interest in AI-focused crypto projects are signaling a broader return of risk appetite in altcoins, says Michael van de Poppe.

Binance CEO Richard Teng denied a new WSJ report alleging $850 million in Iran-linked transactions flowed through the exchange to the IRGC. Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps. In a Friday post on X, Teng called the reporting “fundamentally inaccurate,” saying that Binance never permitted transactions with sanctioned individuals and that any flagged activity occurred before those individuals were placed under US sanctions. He also claimed Binance had investigated the issues before the Journal contacted the company, and that facts it provided were not included in the story. The Journal’s report, published on Thursday, identified Babak Zanjani, who was re-sanctioned by the US in January, as the central figure in a secret crypto payment network that ran $850 million through Binance accounts ove...

Bitcoin trades 24 hours a day, 365 days a year, and stablecoins can cross borders in seconds on a Sunday morning. And yet, if a major UK institution needed to move collateral, settle a high-value payment, or shift liquidity between clearing houses over the weekend, much of that activity had to queue up and wait. […] The post Bank of England’s 24/7 settlement plan shows where tokenized finance can enter core markets appeared first on CryptoSlate.

A real astrology engine disguised as a fortune teller. A scammer-punishment machine loaded with the Shrek screenplay. A tool that reads any book and maps every idea to your actual life. These are not normal skills.

The bill’s restrictions on yield-bearing crypto products may push the industry away from passive "hold-to-earn" models and toward AI-driven, compliant yield infrastructure, according to STBL Chief Commercial Officer Joe Vollono.

One analyst warned that a dump below $2,000 would inevitably lead to new lows.

While major cryptocurrencies remain mired in a prolonged slump, the native token of the decentralized exchange Hyperliquid has surged to a record high. Data from CryptoSlate showed that HYPE crossed $60 for the first time, reaching as high as $62. This marks a 120% year-to-date gain and propels its market capitalization above $15 billion. This comes […] The post HYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform appeared first on CryptoSlate.

The short answer is yes, but not anytime soon. Here's the breakdown.

The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy. The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters. The pushback came in response to a policy paper prepared by Brussels-based think tank Bruegel, whose authors presented their proposals at the two-day informal meeting of the Economic and Financial Affairs Council in Nicosia, Cyprus. The paper called for easing liquidity requirements for stablecoin issuers and potentially granting them access to ECB funding, arguing that these measures were necessary if the euro stablecoin market was to compete with dollar-backed rivals. Europeans conduct 38% of global stablecoin transactions, yet euro-denominated tokens account for just 0.3% of total supply, per the policy paper. Circle’s EURC (EURC), the largest euro stablecoin, r...

U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.

Rio de Janeiro Civil Police launched an operation targeting a Comando Vermelho operational nucleus and found a crypto mining setup with roughly 30 computers arranged on shelves in a room on an apparently abandoned lot. The farm drew power from a clandestine electrical connection running directly from a utility pole. The machines carried high-capacity fans […] The post Brazilian gang raid reveals a new crypto-crime model: turning stolen power into digital money appeared first on CryptoSlate.

The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin. The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange. The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF Bitcoin Real Time Index, which updates with data from major cryptocurrency exchanges every 200 milliseconds. The approval was granted on an accelerated basis and published Friday on the SEC’s website. The new contracts are cash-settled, meaning holders receive the difference between the Bitcoin spot price and the strike price at expiration. Unlike options on spot Bitcoin ETFs, there is no physical Bitcoin involved and no risk of early assignment, offering traders an alternative way to bet on the price of the cryptocurrency. Read more

The total crypto market cap is down by $100 billion in just a couple of days.

One analyst said BTC has lost both the 100D and 50D MAs.

Ethereum price is being suppressed as it is drowning in FUD and bearish prediction. Add to the mix, Vitalik's alleged new relationship. $ETH The post Ethereum Price Prediction: ETF FUD Floods Social Media — Vitalik’s New Girlfriend Leaked? appeared first on Cryptonews.

Ongoing Bitcoin ETF outflows have historically “correlated with conditions favorable for patient accumulation rather than panic," according to Santiment. The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment. “Santiment's analysts read these flows as a counter-indicator, since ETFs disproportionately reflect retail conviction rather than smart money positioning,” Santiment said in a report on Friday. Santiment said retail investors were losing patience after Bitcoin (BTC) failed to hold above $80,000 in May. Bitcoin is trading at $75,410 at the time of publication, after reaching as high as $79,052 on May 16, according to CoinMarketCap. Read more

Analysts predicted an even bigger decline to under $1.30 soon.

Meanwhile, some analysts believe the meme coin could be on the verge of a historic rally.

One of them could be linked to the new Fed chair.