Crypto

Bitcoin’s break below the $60,000 area has pushed digital asset markets into a more defensive phase, ending months of narrow trading and exposing a market structure that traders say could amplify the next major move. CryptoSlate's data show the largest cryptocurrency had been moving sideways since February, when it first tested the $60,000 area. That long […] The post Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges appeared first on CryptoSlate.

Meta says its latest Brain2Qwerty system translates brain activity into sentences using non-invasive brain recordings, improving the accuracy of AI-powered neural decoding.

BTC kissed $58,800 and bounced. The daily chart is deep in bear territory, and prediction markets are betting on further pain before a rebound.

Strategy (formerly MicroStrategy) shares rose Monday after the Bitcoin holder moved to reassure investors that it can meet its preferred stock obligations, authorizing up to $2 billion in buybacks and opening the door to Bitcoin sales that could fund dividends, interest payments, and repurchases. The company, led by Executive Chairman Michael Saylor, announced a new […] The post MSTR jumps after Strategy says it may sell more Bitcoin to fund dividends and buybacks appeared first on CryptoSlate.

XRP whale outflows becoming less concentrated on Binance and increasingly distributed across other trading platforms.

The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.

The digital asset firm cut its odds of the market structure bill passing this year to a coin toss, pointing to a shrinking Senate calendar.

Ripple outlined how the XRP Ledger Lending Protocol would provide institutions with a novel way to structure loans directly on-chain.

Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip. Key points: Read more

Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in Crypto-Assets rules, offering transfer bonuses and prizes. Cryptocurrency exchanges already approved to operate in European Union member states under the soon-to-be enforced Markets in Crypto-Assets (MiCA) framework are incentivizing users from companies that failed to gain license approval. With MiCA restrictions set to be enforced starting on July 1, executives of cryptocurrency exchanges including Coinbase and OKX have taken to social media to sway users from soon-to-be unauthorized companies, like Binance and Bybit Global.  The world’s largest crypto exchange, Binance, said that it would restrict services for EU-based users after withdrawing its MiCA application last week. Bybit Global on Monday said access to services for users in the European Economic Area “will be progressively limited” starting on July 1, though its Bybit EU arm is authorized to operate u...

The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act.

Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. […] The post What states can still do to crypto after GENIUS and CLARITY appeared first on CryptoSlate.

Anthropic’s agreement makes Claude the first AI tool available to all state agencies and local governments, at half price.

Unlike many of his previous wagers, Drake's most recent gamble turned out to be a winning one.

Microsoft Copilot AI just laid out a full spectrum view on Bitcoin price prediction that frames today's price as standing at a genuine fork in the road. The model predicts a realistic base case of $100,000 to $130,000 by the end of 2026, with a bull case stretching to $150,000 to $180,000 if the right conditions line up. The post Microsoft Copilot AI Predicts Incredible Bitcoin Price by End of 2026 appeared first on Cryptonews.

Aave's latest market move is becoming a referendum on how investors value DeFi lending as its economics begin to resemble those of financial infrastructure. The token rallied as AAVE traded around $94.32 on June 27, up 13.16% over 24 hours. At the same time, a reported Standard Chartered bull case described Aave in automated-bank terms, […] The post Aave rally makes DeFi lending look more like a bank to investors appeared first on CryptoSlate.

The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves. BNY has expanded its Digital Asset Custody platform to let institutional clients store, transfer, mint and redeem Circle's USD Coin, making it the first stablecoin supported on the platform. The new capabilities allow BNY clients to convert US dollars into USDC and redeem the stablecoin back into dollars directly through the bank while also storing and transferring USDC on its custody platform. BNY said it plans to expand the service to additional stablecoins and digital cash workflows over time. The expansion builds on BNY's existing role as the primary custodian of the assets backing USDC, extending its relationship with Circle beyond safeguarding reserve assets to include client-facing stablecoin services. Read more

The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CEO of Pharos, said.

The token entered crypto's prestigious top 100 club after its market cap surged to nearly $700 million.

Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicit-finance portions of the bill.