Crypto

USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion. Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to begin trading on Nasdaq on Friday. StablecoinX is the first public stablecoin infrastructure company focused on supporting the Ethena ecosystem through decentralized verifier nodes and software infrastructure, and will trade under the symbol “USDE,” according to a statement on Thursday. “We believe Ethena has emerged as one of the most important platforms powering the next generation of digital dollars,” said Edward Chen, CEO and Chairman of StablecoinX.   Read more

BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence. “Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%,” BitGo co-founder and CEO Mike Belshe posted to X on Thursday. “The ecosystem has evolved, and the way we build financial services has changed dramatically.”  “We need to be sharper, more focused, and concentrate our people and energy on the areas that matter most: security, trading, stablecoins, settlement, and AI-powered infrastructure,” he added. Read more

BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence. “Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%,” BitGo co-founder and CEO Mike Belshe posted to X on Thursday. “The ecosystem has evolved, and the way we build financial services has changed dramatically.” “We need to be sharper, more focused, and concentrate our people and energy on the areas that matter most: security, trading, stablecoins, settlement, and AI-powered infrastructure,” he added. Read more

Mark Zuckerberg Meta AI just built a 2026 predicts for XRP price prediction that reads less like a single number and more like three different doors that could all open at once. The post Mark Zuckerberg Meta AI Predicts Eye-Opening XRP Price by End of 2026 appeared first on Cryptonews.

The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over? For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive without losing its security or sound money qualities. Yet the closure of Bitcoin scaling platform Botanix earlier this month has called that vision into question. Read more

The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over? For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive without losing its security or sound money qualities. Yet the closure of Bitcoin scaling platform Botanix earlier this month has called that vision into question. Read more

Grok AI just laid out a short fuse Bitcoin price prediction that trades the usual year end horizon for something far more immediate. The model predicts a jump to $68,000 to $72,000 within just 30 days, a sharp move from where price sits right now. The post You Will Not Like Where Grok AI Predicts Bitcoin Going in The Next 30 Days appeared first on Cryptonews.

The ELR gives selected firms a legal route, but wallets, exchanges, counterparties, and issuers still face pressure. The post Russia creates crypto sanctions loophole, but cash-out routes remain ringfenced appeared first on CryptoSlate.

DEXE hit record whale activity and active addresses as its market cap surged 600% in four months despite market weakness.

Waller's conference framing turns dollar tokens from a crypto-market tool into a question for Treasury demand, bank funding, and global liquidity. The post Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem appeared first on CryptoSlate.

Anthropic alleged that Alibaba-affiliated operators used nearly 25,000 fraudulent accounts to generate 28.8 million Claude exchanges.

Bitcoin’s trek into new 2026 lows continued as spot BTC ETF outflows, a bearish monthly options expiry and Strategy’s unrealized losses widened its gap with AI-connected stock returns. Key takeaways: Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses. Read more

Bitcoin’s trek into new 2026 lows continued as spot BTC ETF outflows, a bearish monthly options expiry and Strategy’s unrealized losses widened its gap with AI-connected stock returns. Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Read more

Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.

The $2.5 trillion asset manager deepens its blockchain push after taking over Superstate's tokenized money market fund as fund manager earlier this year.

SPCX concentration shows real demand, but redemption, custody, and shareholder expectations still depend on the product. The post Solana hits $1B in weekly tokenized stock trading as demand for hard-to-access equities surge appeared first on CryptoSlate.

[PRESS RELEASE – London, United Arab Emirates, June 25th, 2026] Solstice to launch aiUSX, a yield-bearing asset that lets companies help finance the buildout with the capital they already hold for AI. TensorX and Solstice today announced a partnership to finance European sovereign AI infrastructure. TensorX and Solstice will work together to create a facility […]

"Be highly cautious if trading this bounce, and watch the $0.176 level closely for signs of rejection," Martinez warned.

Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persists, though markets are not pricing an extreme downside scenario for Strategy. Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital's head of research, David Lawant. The report analyzed options activity across Deribit, BlackRock’s iShares Bitcoin Trust (IBIT) and Strategy (MSTR), saying the three markets together provide a broader view of crypto-native, institutional and retail investor sentiment than any single options market alone. Both Deribit and IBIT options markets showed elevated put skew, indicating traders are paying a premium for downside protection rather than positioning for further gains. The report found defensive positioning ranked in the 82nd percentile of IBIT’s history and the 84th percentile of Deribit’s five-...

Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persists, though markets are not pricing an extreme downside scenario for Strategy. Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital's head of research, David Lawant. The report analyzed options activity across Deribit, BlackRock’s iShares Bitcoin Trust (IBIT) and Strategy (MSTR), saying the three markets together provide a broader view of crypto-native, institutional and retail investor sentiment than any single options market alone. Both Deribit and IBIT options markets showed elevated put skew, indicating traders are paying a premium for downside protection rather than positioning for further gains. The report found defensive positioning ranked in the 82nd percentile of IBIT’s history and the 84th percentile of Deribit’s five-...