Crypto

  • Ignore the AI jobs doomers, AI is good for employment says PWC: AI Eye
    Cointelegraph.com - 14:30 Jun 05, 2025
    Ignore AI doomers predicting mass unemployment — PWC found AI-exposed industries create more value and pay workers higher wages. AI Eye. Any student of predictions will tell you they are almost always wrong, especially the ones about the future. Most predictions about AI will be too. Thanks to our prehistoric brains, humanity has a demonstrated capacity to ignore the 99 out of 100 predictions that are wrong and to focus instead on that one guy out of 100 who accidentally got it right.   Everybody remembers how Michael Burry successfully predicted the Global Financial Crisis and profited from it, as shown in the movie The Big Short. Read more
    Tags: Ignore
  • Good News for XRP and DOGE? Coinbase Unveils Wrapped Versions on Base Network
    CryptoPotato - 14:03 Jun 05, 2025
    So far, Coinbase has issued 10.4 million cbDOGE, worth approximately $1.88 million, and 2.3 million cbXRP, worth more than $5 million.
    Tags: DOGE
  • Zebec buys compliance firm Gatenox ahead of MiCA, FCA regulatory push
    Cointelegraph.com - 14:00 Jun 05, 2025
    Zebec’s move reflects a shift toward embedding compliance at the protocol level, with firms facing more stringent regulatory requirements. Financial infrastructure company Zebec Network has acquired Gatenox, a compliance and identity platform, to bring core regulatory infrastructure in-house and expand into more tightly regulated markets.  In an announcement shared with Cointelegraph, the company said the deal brings native Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) tools directly into its Web3 payment stack.  Neal Padhye, the head of mergers and acquisitions at Zebec, said that regulation is no longer optional and is now infrastructure. “With Gatenox, we’re embedding compliance into the foundation of programmable finance, making Zebec faster, safer and ready for institutional scale,” Padhye added. Read more
  • From clay tablets to crypto: Rethinking money in the age of blockchain
    Cointelegraph.com - 13:30 Jun 05, 2025
    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
  • Bitcoin Hash Ribbons metric just delivered its 3rd 'buy' signal of 2025
    Cointelegraph.com - 13:30 Jun 05, 2025
    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
  • Safe unveils new unit to build enterprise-grade crypto wallets
    Cointelegraph.com - 13:18 Jun 05, 2025
    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
    Tags: SAFE
  • Ethereum Price Analysis: Pullback Chances Rise as Bullish Momentum Fades
    CryptoPotato - 13:14 Jun 05, 2025
    Ethereum remains capped beneath the critical 200-day moving average at $2.6K, signaling ongoing distribution among market participants. Given the current price structure, a bearish correction appears increasingly likely in the near term. Technical Analysis By ShayanMarkets The Daily Chart Ethereum continues to face firm resistance at the 200-day moving average, currently hovering near the $2.6K […]
  • USDC issuer Circle debuts public trading on New York Stock Exchange
    Cointelegraph.com - 13:11 Jun 05, 2025
    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
  • Donald Trump, Elon Musk Clash Over DOGE Sparks $53 Million Solana Meme Coin
    Decrypt - 13:09 Jun 05, 2025
    The spat between Elon Musk and President Trump has spawned an unflattering meme and the Kill Big Beautiful Bill, or KBBB, Solana meme coin.
  • Pi Network Search Interest Declines Amid Waning Market Momentum — What’s Next for Pi Coin?
    Cryptonews.com - 12:44 Jun 05, 2025
    Global search interest in Pi Network has fallen to its lowest level of 2025, raising fresh questions about the project’s momentum. The post Pi Network Search Interest Declines Amid Waning Market Momentum — What’s Next for Pi Coin? appeared first on Cryptonews.
  • Bitcoin supply shock? Percentage of BTC on exchanges nears 2018 levels
    Cointelegraph.com - 12:34 Jun 05, 2025
    Institutional demand and more holding are pushing the percentage of Bitcoin on exchanges to the lowest since 2018, signaling a potential supply shock. Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Read more
    Tags: Bitcoin
  • Solana Price Prediction: SOL Eyes $250 Target After Trump NFT Airdrop Goes Viral
    Cryptonews.com - 12:00 Jun 05, 2025
    The U.S. President's further engagement with the Solana network could strengthen the Solana price outlook as liquidity returns to its core value drivers. The post Solana Price Prediction: SOL Eyes $250 Target After Trump NFT Airdrop Goes Viral appeared first on Cryptonews.
  • European Parliament to vote on tech sovereignty proposal in July
    Cointelegraph.com - 11:57 Jun 05, 2025
    Bitcoin-friendly European Parliament Member Sarah Knafo says Europe is still at the beginning of the digital revolution, which will help it compete with economies like China and the US. The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of pro-Bitcoin lawmaker Sarah Knafo. ITRE, one of 24 standing committees in the European Parliament, on June 3 adopted a non-binding report on tech sovereignty and digital infrastructure, calling for a European policy for the digital ecosystem. The proposal highlights concerns that Europe is falling behind the United States and China in strategic sectors such as the cloud, cybersecurity, artificial intelligence, semiconductors and communication infrastructure. Read more
  • These 5 XRP charts hint at a price rally toward $3 in June
    Cointelegraph.com - 11:40 Jun 05, 2025
    Multiple technical, onchain and derivatives market indicators suggest a potential XRP price rally toward the $3 milestone in the coming days. Key takeaways: XRP onchain data and chart setups converge on the $3 target. Spot taker CVD has flipped positive, suggesting confidence among buyers. Read more
  • Curve Founder Warns of 'For-Hire' Hackers Coordinating Cross-Platform Attacks
    Decrypt - 11:31 Jun 05, 2025
    Crypto hackers siphoned $302M in May alone as DNS attacks and code vulnerabilities expose fatal flaws in DeFi security—and it's getting worse.
  • Bitcoin reserve, stablecoin regulations big 2025 market catalysts, says VC
    Cointelegraph.com - 11:31 Jun 05, 2025
    Crypto policy developments may result in a Bitcoin cycle top of over $150,000, according to the head of US at Foresight Ventures. Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures. Speaking during Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said the crypto market’s 2025 rally had been driven mainly by shifting US policy. “One of the strongest drivers is definitely the policy change,” she said, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin policy developments as the main catalysts for Bitcoin (BTC) price upside in 2025. Read more
    Tags: Bitcoin
  • Ethereum reclaims DeFi market as bots drive $480B stablecoin volume
    Cointelegraph.com - 11:18 Jun 05, 2025
    Stablecoins may anchor Ethereum’s real-world adoption, but an analyst warns that the network must solve cross-layer fragmentation to stay ahead in the next phase of DeFi. The Ethereum network is staging a comeback in 2025 as bot-driven activity and stablecoin growth push the mainnet back into the center of decentralized finance (DeFi).  On June 4, crypto trading platform CEX.io reported that automated bots facilitated 4.84 million stablecoin transfers on Ethereum’s layer-1 blockchain in May. The volume reached $480 billion, its highest to date.  Illia Otychenko, the lead analyst at crypto exchange Cex.io, linked the activity surge to lower transaction fees in the first quarter of 2025, which helped reverse a multi-year trend of liquidity and user migration to rival blockchains and Ethereum layer-2 networks.  Read more
  • Solo Bitcoin miner bags $330K block reward despite record difficulty
    Cointelegraph.com - 11:14 Jun 05, 2025
    A Bitcoin miner secured a $330,000 block reward despite network difficulty surging to a record 126.98 trillion. A solo Bitcoin miner successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty. According to mempool.space data, the block was confirmed at 3:48 am UTC on June 5 and included 3,680 transactions. The miner, operating under the Solo CK pool, collected a subsidy of 3.125 Bitcoin (BTC) plus an additional 0.026 BTC in fees. The average fee per transaction in block 899,826 was around $0.29, with a median fee rate of around 2 satoshis per virtual byte (sat/vB), suggesting relatively light network congestion at the time. Read more
  • Hong Kong Opens Door to Crypto Derivatives in Bid to Rival Global Hubs
    Decrypt - 10:39 Jun 05, 2025
    Hong Kong may soon be able to trade crypto derivatives thanks to the securities regulator's new plan.
  • $13B fund manager APS buys $3.4M in tokenized real estate via MetaWealth
    Cointelegraph.com - 10:22 Jun 05, 2025
    European fund manager APS bought $3.4 million in tokenized real estate via MetaWealth, marking the first direct institutional purchase of retail-available tokenized assets. Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph. APS, which manages over 12 billion euros ($13.7 billion) in assets, purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential properties listed on MetaWealth: Fo.Ro Living Rome and Porta Pamphili Rome. Each tranche was split evenly at 1.5 million euros. APS acquired the same tokenized assets that are available to retail investors. The bonds were transacted and recorded on the blockchain, which adds transparency and programmability to the process. Read more