Crypto

China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC). According to a Reuters report, China is creating an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made the remarks at the Lujiazui Forum, a professional forum for high-profile local and international finance regulators and executives. China envisions a “multipolar” currency system where multiple currencies support the global economy, Pan said. This vision contrasts with the current system, where a few currencies, like the US dollar and the euro, play large roles in the global financial system. Read more

The largest cryptocurrency by market value has been trading about 5% under its all-time high set last month.

Lion Group Holding Ltd. (LGHL) and Eyenovia Inc. unveiled separate major financing moves this week to launch cryptocurrency treasury strategies centered on Hyperliquid’s HYPE token. LGHL announced it has secured a $600 million facility to launch the first and largest HYPE treasury in Asia. The Singapore-based trading and financial services firm also revealed intentions to include […] The post Two public firms announce plans to adopt HYPE as primary reserve asset for treasury appeared first on CryptoSlate.

Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.

Despite offloading $44.76M in Circle shares, ARK Invest still ranks the company among the top holdings in its main ETFs.

The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock's tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility, yield-bearing digital instrument as collateral for their accounts, lowering the margin requirements for leveraged trading, according to Forbes. Coinbase, one of the world’s biggest exchanges by trading volume, announced a $2.9 billion deal to acquire Deribit in May 2025. Read more

The US Federal Reserve, as expected by the majority, has left interest rates unchanged.

With Coinbase Payments, the company said it aims to offer fast, global USDC transactions for merchants without needing blockchain expertise.

The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.

From a technical perspective, LTC's price action showed resilience, with support solidifying in the $83.48-$83.57 range.

Bitcoin sell pressure ramps up as traders anticipate today’s FOMC results. Could BTC price fall to $100,000? Key points: Bitcoin has held above $104,000, but sustained selling could sink the price to $100,000. Most major altcoins remain range-bound, but a few are threatening to break below the support levels. Read more

The initial purchase of more than 187 BTC was part of a larger strategy to “substantially increase its Bitcoin holdings,” according to Prenetics. The individual who helped “orange-pill” US President Donald Trump has become part of the advisory team for a healthcare company establishing a Bitcoin reserve strategy. In a Wednesday notice, Hong Kong and US-headquartered health services company Prenetics said it would follow the example set by Strategy and invest $20 million into Bitcoin (BTC). According to the company, it secured roughly 187 BTC at an average price of $106,712 per Bitcoin using a Kraken custody account. “Prenetics plans to substantially increase its Bitcoin holdings and aims to become one of the largest healthcare corporate Bitcoin holders globally,” the announcement said. Read more

WILL $HYPE FLIP $SOL? POTENTIAL PUMP.FUN CHAIN, BULL RUN INDICATORS. REKT RADIO LIVE ON DEGENZ. Degenz Live is the only content you need for crypto, macro, trading, gambling and risk-taking. Powered by MYRIAD MARKETS, REKT BRANDS and YEET CASINO. 00:00 - Intro 04:12 - Iran conflict talk 07:25 - James Wynn 09:52 - HYPE Vaults 12:00 - Hyperliquid 20:30 - PumpFun chain thesis 21:40 - Is Hyperliquid going to flip SOL 23:00 - Michael Saylor's Money Glitch 25:00 - 1 Million Hype Perp market creation 28:52 - CRCL's affect on the wider market 30:40 - What key indicators are we watching to predict if we're still in the bull market or not 33:00 - Chain popularity and culture, and what's cool 37:25 - Rollbits new onchain casino 41:25 - Are Crypto KOLs still cool? 50:00 - YEET Giveaway + Follow KICK channel 51:40 - Giveaway LINKS https://x.com/DegenzLive https://linktr.ee/DegenzLive https://kick.com/degenzlive https://www.instagram.com/degenzlive https://creators.spotify.com/pod/profile/degenzlive PARTNERS https://rekt.c...

Polygon co-founder Jordi Baylini continues to serve Polygon in an advisory capacity. Polygon co-founder Jordi Baylina has spun off a new zero-knowledge project called ZisK — an independent initiative aimed at supporting multiple programming languages and accelerating the adoption of decentralized technologies. ZisK is a fully open-source zero-knowledge virtual machine (zkEVM) stack initially developed at Polygon, the new company said in a Wednesday social media post. Baylina said his main focus will shift to developing ZisK, but he will continue to serve Polygon in an advisory role.  The Baylina-led spinoff will house seven additional developers, described as the “core minds behind the Polygon zkEVM prover.” According to ZisK, the development team has worked together for at least three years.  Read more

Canadian asset manager 3iQ has launched an XRP-focused exchange-traded fund (ETF) on the Toronto Stock Exchange (TSX) under the XRPQ ticker. According to a June 18 statement, XRPQ will offer investors a six-month waiver on management fees and hold only long-term positions on the digital asset. These assets are sourced from reputable exchanges and over-the-counter […] The post XRP network activity surges as Canada launches an XRP ETF appeared first on CryptoSlate.

BNB is struggling to break above a resistance level of $654, with price swings driven by global unease due to the ongoing conflict between Israel and Iran.

Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […] The post Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets appeared first on CryptoSlate.

Coinbase and Circle are soaring after a key stablecoin bill cleared the Senate—but Fed rate cuts could test their biggest revenue stream.

Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance. Polygon co-founder Sandeep Nailwal is charting a new course for the network, backing a singular leadership model as essential to its future. In an interview with Cointelegraph, Nailwal said the shift away from board-led governance isn’t just a structural change but a strategic response to inefficiencies that have slowed Polygon’s momentum. On June 11, he announced he would take over as CEO of the Polygon Foundation, describing the decision as necessary to bring “clear direction and focused execution” to the project’s next chapter. Read more

A new proposal from Cardano founder Charles Hoskinson could put the network on par with the likes of Solana and Ethereum—with crypto’s first true sovereign wealth fund. The post Cardano Price Prediction: Hoskinson’s Bitcoin Fund Could Trigger Long-Awaited ADA Breakout appeared first on Cryptonews.