Crypto

As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds: “Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.” Armstrong points to the astronomical level of U.S. federal debt, […] The post Coinbase CEO highlights 3 key reasons why the world needs crypto appeared first on CryptoSlate.

The drop comes ahead of the Maxwell hard fork, which is expected to bring in a number of improvements, including transaction throughput.

The move comes as ARK added shares of AMD, Shopify, and Taiwan Semiconductor Manufacturing Company.

The company has not disclosed how many users were affected or whether any wallets were compromised as a result of the exploit.

Ethereum staking has reached a new milestone this week, with more than 35 million ETH, over 28.3% of the total supply, now locked into the network’s proof-of-stake system. The post Ethereum Staking Surges Despite Market Slump, Locking Over 28% of Supply appeared first on Cryptonews.

Rekt began life as free Ethereum NFT drop and now is a rising drink brand, with cans hitting 7-Eleven stores this week.

ADA slid 4% in the past 24 hours, with 24-hour trading volume jumping nearly 38.4% above the 7-day average.

A massive surge in Bitcoin Knots nodes hints at a brewing civil war in Bitcoin. If tensions escalate, the price could be the first casualty. Bitcoin Knots, first released by developer Luke Dashjr in the early 2010s, has long offered a more configurable and policy-agnostic alternative to Core. Currently, most nodes use the Bitcoin Core client to support the Bitcoin network. However, Bitcoin Knots has grown an impressive 638% since the start of the year, jumping from only 394 nodes to 2,909 nodes as of June 19. This massive growth rate started to see significant upticks in May and now makes up 13.24% of all the nodes supporting the Bitcoin network.  Bitcoin Knots’ recent popularity spike suggests that a non-trivial share of Bitcoin’s infrastructure operators no longer trust Core to define Bitcoin’s limits unilaterally. Read more

Eric Semler, chairman of Semler Scientific Inc., believes many hedge funds remain unconvinced about Bitcoin’s long-term viability beyond the Trump administration. The post Will Bitcoin Survive Without Trump? Hedge Funds Aren’t Convinced, Says Semler appeared first on Cryptonews.

XRP has surged 300% since November, driven by ETF launches and SEC progress. Can bullish momentum survive resistance at $2.15 and sustain the rally? The post XRP Price Analysis: Can Regulatory Wins Sustain the Rally Beyond 300%? appeared first on Cryptonews.

Ether bounces from intraday lows after a sharp 7.25% swing; 24-hour trading volume surged nearly 19% above the 7-day average, signaling heightened market activity.

The Internet Watch Foundation found that cryptocurrencies are the most commonly offered method of payment on child abuse websites.

A new OMFIF blog warns the UK is losing its early advantage in digital asset regulation, as the EU enforces MiCA and the US advances with the Genius Act. The UK’s unclear regulatory stance on digital assets is drawing sharp criticism from market participants, with some citing “policy procrastination” as a key reason the country is falling behind both the European Union and the US in the race to define digital finance. In a Friday blog post, John Orchard, chairman, and Lewis McLellan, editor of the Digital Monetary Institute at the Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank, argued that the UK has wasted its early-mover advantage in distributed ledger finance. The post, titled “The UK keeps missing the boat on DLT finance,”  said that the UK, once expected to set a post-Brexit gold standard for crypto regulation, continues to “talk un-specifically about regulation in the future.” Read more

Binance's dominance in USDT transfers via Tron has made it a central player in crypto market liquidity.

Bitcoin slips below $104K support as volume hits $46B. Traders eye $103K and $100K levels amid Fed signals, ATM crackdowns, and institutional BTC buying. The post Bitcoin Price Analysis: Volatility Surges – What Technical Price Levels Are Traders Watching? appeared first on Cryptonews.

XRP could drop 35%, potentially revisiting the $1.35–$1.60 range, on-chain and technical metrics suggest. Key takeaways: XRP’s most-profitable investors are realizing over $68M in profits daily, mirroring the run-up to the 2017 market top. Over 70% of XRP’s realized cap has formed since late 2024, making the market top-heavy and vulnerable to sharp sell-offs. Read more

What's the best time to buy Pi Network (PI)? Let's see what ChatGPT thinks.

ZachXBT claims over 80% of Garden Finance’s fees are tied to crypto laundering, challenging the project’s decentralization narrative. Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X, ZachXBT claimed that over 80% of Garden’s recent fee revenue stemmed from illicit transactions allegedly tied to the North Korean Lazarus Group. The allegation came in response to an earlier post by Jaz Gulati, a co-founder of Garden Finance, who had recently touted the platform’s success, citing 38.86 Bitcoin (BTC) in collected fees — $300,000 of which was earned over the 12 days ending June 2. Read more

Bitcoin dipped below $104,000 following a 4% drop, even as analysts say extreme bearish sentiment from retail may hint at a rebound.

CoinMarketCap was hacked on Friday after a malicious popup appeared on its website, urging users to "verify" their wallets. The post CoinMarketCap Hacked, Scrambles to Remove Malicious Wallet Verification Popup appeared first on Cryptonews.