Crypto

David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama's and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would join former lawmakers, industry leaders, and others on the company’s advisory council, seemingly to advise the exchange on policies moving forward in the US and abroad, as well as its role in future elections. The appointment of Plouffe to the council marked one of his first roles in crypto and policy since leaving Harris’ campaign. “It’s important to understand that someone who holds crypto or stablecoin, that might not be the most important issue to them voting,” Plouffe said at Coinbase’s State of Crypto Summit, adding:  Read more

President Trump’s debt-heavy bill could speed up the devaluation of the US dollar. With higher inflation looming, Bitcoin may be one of the few real hedges left. Key takeaways: President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation. Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds. Read more

Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity […] The post Coinbase to launch CFTC-cleared perpetual futures trading, Bitcoin-backed credit card for US customers appeared first on CryptoSlate.

Christine Kim has criticized the EF’s new leadership structure, saying too many responsibilities are being assigned to a few individuals.

This week's top Myriad markets include predictions on Fartcoin, Strategy's Bitcoin treasury plans, and FIFA Club World Cup.

Solana treasury company DeFi Development Corp. established a major line of equity credit to buy even more SOL.

Pepe (PEPE) has gone up by 5.4% in the past week and has managed to outperform other well-established peers in the meme coin space like Dogecoin (DOGE) and Shiba Inu (SHIB).Traders’ interest in PEPE has been surging lately as the outstanding amount of futures contracts – a metric known as open interest – has surged […] The post Pepe Price Prediction: After a 30% Run, Is a Healthy Pullback or Bigger Rally Coming? appeared first on Cryptonews.

Ethereum builders outlined a “Lean Ethereum” roadmap that aims to trim layer-1 complexity while hardening security, according to researcher Thomas Coratger on June 12 via X.  Co-founder Vitalik Buterin and researcher Justin Drake discussed the concept in a breakout session at the Forschungsingenieurtagung conference in Berlin. It proposes three guiding targets: security, simplicity, and optimality. […] The post Vitalik proposes ‘Lean Ethereum’ to achieve quantum security, simpler validator operations appeared first on CryptoSlate.

Several monthly Ethereum indicators are reaching levels “never seen before” in crypto history, setting the stage for one of the strongest altcoin rallies in years. The post Ethereum Price Prediction: “You Haven’t Seen What ETH Can Do Yet” – Analyst Warns of Massive Incoming Bull Market  appeared first on Cryptonews.

Token launchpad Zora is suing consulting giant Deloitte for trademark infringement over its "Zora AI" digital workforce platform.

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.

The XRP price has fallen by 3.5% today, but does Brad Garlinghouse's prediction about Ripple signal major incoming growth for the token? The post XRP Price Prediction: Ripple CEO Garlinghouse Says XRP Could Power $21 Trillion in SWIFT Transfers – $1,000 XRP Possible? appeared first on Cryptonews.

Escalating tensions in the Middle East and an ominous Bitcoin chart fractal could play a role in sending BTC price back under $100,000. Key takeaway: Bitcoin price sits on a slippery slope as tensions in the Middle East and investors’ decision to cut risk threaten a drop under $100,000. Bitcoin (BTC) reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions between Iran and Israel, with reports of Israel possibly preparing military action against Iran, have triggered a risk-off sentiment, with BTC posting a reaction. Read more

Circle's USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether's USDt. Circle's USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) through an auto-bridging feature. Markus Infanger, the senior vice president of RippleX added: Support for USDC on the XRPL comes amid a concerted push to establish comprehensive stablecoin regulations in the United States, as the sector swells to over $237 billion in market capitalization with geo-strategic and macroeconomic implications. Read more

The company said that it will use institutional-grade custody to manage Bitcoin and staking integration to unlock yield and optimize capital deployment.

Since Consensus 2025 unfolded as a sell-the-news event, Pi Coin has been lagging behind its peers, but indicators suggest a trend reversal could put the coveted $10 valuation back in focus. The post Pi Coin Price Prediction: MACD Indicator Finally Flashing Green – $10 Incoming?  appeared first on Cryptonews.

Stablecoin issuer Tether has bought a substantial stake in a Canadian gold company as part of its safe-haven asset strategy, which includes a growing stash of Bitcoin.

The reserve will be funded through stock issuance and other financial instruments, according to the announcement. Trident Digital Tech Holdings, a Web3 company based in Singapore, said it will start an XRP (XRP) treasury of up to $500 million. By doing so, the company joins a host of others that have, since May, announced reserves of the Ripple-created cryptocurrency. “This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer,” Soon Huat Lim, founder and CEO of Trident, said in a statement. “Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance.” Rather than a simple buy-and-hold strategy, Trident plans to use its XRP reserves to generate yield through the deployment of staking mechanisms and have a “deep engagement” within the Ripple ecosystem, according to the announcement. The start of the XRP reserve w...

The US president has spoken in person at the Bitcoin 2024 conference in Nashville and released a video message for the Digital Asset Summit in New York City. US President Donald Trump released a prerecorded message for attendees of Coinbase’s State of Crypto Summit as Congress considers legislation to regulate payment stablecoins and establish a digital asset market structure framework. In his second message directly addressing a crypto conference since becoming president in January, Trump said he was “not done” implementing crypto policies in the US government. These, according to the president, have included efforts through executive orders to establish a national Bitcoin (BTC) reserve, creating a working group on digital assets and nominating Paul Atkins to chair the Securities and Exchange Commission (SEC). “My administration is working with Congress to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that wi...

U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with the fate of altcoins being less certain.