Crypto

Grayscale says decentralized AI tokens gained after the US government ordered Anthropic to cut access to its latest AI models, showing user demand for alternatives to centralized AI. Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head of research Zach Pandl said in a note on Monday that the order to cut access to Anthropic’s Fable 5 and Mythos 5 shows “the centralized control of frontier AI technology and drives home the need for decentralized alternatives.” “We expect demand for decentralized AI, like Bittensor and its TAO token, to continue to rise as investors seek alternatives,” Pandl said. Read more

The Bitcoin market is suffering, but holders have not surrendered their coins yet, according to Alphractal founder.

A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday's Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the company. UFC had previously made a similar announcement before the event.  The price of USD1 jumped above $1 on June 12 and remained there, according to CoinMarketCap data at last look. Trading volume in the past 24 hours was up more than 93%, at $2.38 billion. Read more

A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday's Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company, World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the company. UFC had made a similar announcement before the event. The price of USD1 jumped above $1 on Friday and remained there, according to CoinMarketCap data at last look. Trading volume in the past 24 hours was up more than 93%, at $2.38 billion. Read more

A federal judge handed Elon Musk his second defeat against OpenAI after finding xAI failed to show OpenAI improperly obtained confidential info.

Pudgy Party, a mobile battle royale game, has closed up shop as the Pudgy Penguins team shifts its focus to its Pudgy World experience.

XRP just neared $1.30 for the first time since June 2. Is the worst over?

Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers. Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto. On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt. Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities. Read more

One trader lost $1 million betting Spain would win. Another bought "No" at 9¢ and walked away with $4.3 million.

Rio de Janeiro released a frontier-class AI model that claimed to beat Alibaba's best. Then Nex showed up with receipts.

The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act. The US Commodity Futures Trading Commission (CFTC) has hired a new chief data innovation officer with deep experience in blockchain forensics in what could be seen as the regulator's move toward greater focus on the technology. In a Monday notice, CFTC Chair Michael Selig said that Donald Battle, an adviser to the US Securities and Exchange Commission (SEC) crypto task force, would be the commission’s chief data innovation officer. Battle was appointed as an SEC crypto task force adviser in January 2025 with the incoming Trump administration, and previously worked as a blockchain data adviser for the CFTC and crypto enforcement specialist with the Treasury Department’s Financial Crimes Enforcement Network. Source: CFTC Read more

XRP price is moving again, and this time, prediction and volume back it up. The token has run 10% in the past 24 hours. More movement coming? The post XRP Price Prediction: Ripple Jumps 10% as Crypto Total Market Cap Closing $2.4T appeared first on Cryptonews.

Critics are now calling for invoices and approval records to be published alongside Hoskinson's explanation.

Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers. Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto. On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt. Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities. Read more

BitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges. BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continues to generate yield. On Monday, the crypto treasury company reported that it acquired 76,881 Ether (ETH) over the past week, potentially reducing its average cost basis as ETH briefly plunged below $1,600 during the period. The company has been steadily acquiring Ether during the bear market, regardless of price action. BitMine now holds 5,620,754 ETH acquired at an average price of $1,718. Read more

The offering follows Kraken's acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore. Kraken on Monday launched perpetual futures trading for eligible US users through Bitnomial, expanding its domestic derivatives offerings months after acquiring the federally regulated exchange. The products are available through Kraken Pro and include contracts tied to major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Litecoin (LTC) and Avalanche (AVAX). According to Monday's announcement, the contracts share the same futures wallet as Kraken's existing CME-listed crypto futures products, allowing traders to manage both positions from a single account. Read more

Strategy (formerly MicroStrategy) added another $100 million of Bitcoin to its balance sheet last week, extending a buying campaign that has made the company the world’s largest corporate holder of the digital asset while sharpening a debate over what its common shareholders actually own. On June 15, Michael Saylor, the company's chairman, said Strategy bought […] The post Strategy bought $100 million more Bitcoin but critics say MSTR shareholders now own less of it appeared first on CryptoSlate.

The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act. The US Commodity Futures Trading Commission (CFTC) has hired a new chief data innovation officer with deep experience in blockchain forensics in what could be seen as the regulator's move toward greater focus on the technology. In a Monday notice, CFTC Chair Michael Selig said that Donald Battle, an adviser to the US Securities and Exchange Commission (SEC) crypto task force, would be the commission’s chief data innovation officer. Battle was appointed as an SEC crypto task force adviser in January 2025 with the incoming Trump administration, and previously worked as a blockchain data adviser for the CFTC and crypto enforcement specialist with the Treasury Department’s Financial Crimes Enforcement Network. Source: CFTC Read more

Elon Musk Grok AI Predicts Staggering Gold Price by End of 2026 The post Elon Musk Grok AI Predicts Staggering Gold Price by End of 2026 appeared first on Cryptonews.

Uniswap’s native token UNI is set to surge nearly fortyfold in the coming years as Wall Street migrates on-chain, Standard Chartered said.