Crypto

ETF outflows have dominated the narrative but corporate bitcoin treasuries have gone quiet too, compounding the demand-side weakness.

“We continue to view the current macro environment as a headwind for Bitcoin,” 10x Research’s Markus Thielen said. Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index (CPI) in May, according to figures released on Wednesday. The surge in the consumer price index, a broad gauge of goods and services costs across the US economy, deflated hopes that the central bank will reduce rates, with some analysts now expecting rate hikes later this year — bad news for riskier assets such as crypto. US inflation surges to a three-year high. Source: Trading Economics  Bitcoin has already had a troubling first half of the year. Bitcoin prices have fallen 36% since January, while gold is down 23% from its January peak. At the same time, crude oil prices have surged more than 50% over the same period.  Read more

XRP bounced from recent lows on a late volume surge, though the token continued to lag the broader crypto market as futures traders positioned around key support levels.

Two widely watched gauges show capitulation, but the analyst flagging them warns the slow grind comes next.

BTC has transitioned out of the accumulation phase that drove its rally earlier this year and entered a distribution regime driven by ETF outflows and macroeconomic conditions.

Lawmakers in Delaware and New Jersey have advanced laws that would completely ban crypto ATMs, a measure that has only been enacted in three US states. Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across US states, with lawmakers concerned that the kiosks are overwhelmingly used for scams. The Delaware House Economic Committee on Tuesday passed House Bill 441 to the full chamber, which would ban owning, installing, or operating a cryptocurrency kiosk. It followed the New Jersey Senate Commerce Committee’s unanimous vote on Monday to send its bill banning crypto ATMs to the full chamber. Read more

XRP network activity and investor profitability fall to record lows, leading traders to focus on the $1 to $0.65 zone. XRP's (XRP) onchain activity has contracted sharply since its 2025 peak. The 90-day network fee average fell by 91.5%, while the realized profit-to-loss ratio dropped to 0.38 from 50, according to Glassnode.  The decline in activity and profitability comes as traders identify the $1.00-$0.65 region as a major area of interest.   According to Glassnode, the 90-day simple moving average of total fees paid on the XRP network has fallen to just 500 XRP from 5,900 XRP in February, a decline of 91.5%. Read more

The proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation. The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though federal law classifies them as “gaming.” Released on Wednesday, the proposal distinguishes sports event contracts from games of pure chance, saying markets based on final scores and win-loss records can aid price discovery. Contracts tied to player injuries, officiating decisions or other outcomes that could encourage manipulation, however, are unlikely to meet the public interest test. The proposal also clarifies that election contracts are not considered “gaming” under the relevant federal laws. Reuters reported this could further ease regulatory uncertainty for platforms such as Kalshi and Polymarket, which rose to prominence during the 2024 US presidential el...

DiffusionGemma hits 1,000 tokens per second by ditching word-by-word generation entirely. It just doesn't run on most people's machines yet.

The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue.

In a new essay, Dario Amodei called for binding safety rules for frontier models as his company heads toward an IPO.

Bitcoin miner profits recently fell to record lows, while Bitcoin struggles to hold the $60,000 floor. Should traders be worried? Key takeaways: Bitcoin’s price slide to $62,000 was paired with weak on-chain activity and declining BTC miner revenues, which have fallen to an all-time low. This revenue drop is fueling investor anxiety over potential sell pressure, especially since miners and mining pools still control over $110 billion in Bitcoin. Read more

Solana-based decentralized exchange Raydium will repay the funds swiped in the $1.34 million exploit using its treasury.

The proposal opens a route into UCITS and most NURS while keeping direct crypto holdings outside authorized funds. The post UK mutual funds may soon be allowed to hold crypto ETNs, but only with a 10% leash appeared first on CryptoSlate.

Debate continues over whether decentralized systems or centralized financial institutions are better positioned to handle quantum-era risks.

Stablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI.

Claude AI Fable 5 just dropped its first crypto call predicts XRP hits $4.50 by end of 2026, a 4x from current levels, can this happen? The post Best Ever AI Model Claude Fable 5 Predicts XRP Price By The End of 2026 appeared first on Cryptonews.

Token burn, silent censorship, and a mandatory data grab—the biggest Claude release has become Anthropic's messiest.

Stand With Crypto UK says banks are restricting access to regulated exchanges even as policymakers seek to position the country as a hub for digital asset innovation. Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions to regulated platforms are restricting access to digital assets. The new campaign cites a report from the UK Cryptoassets Business Council that found 40% of crypto transactions are blocked or restricted by UK banks. The group argues that many of the restrictions apply to transfers involving exchanges registered with the country's Financial Conduct Authority and do not account for individual customer risk profiles. According to the report, one exchange recorded nearly 1 billion British pounds in declined transactions over a one-year period due to bank-side rejections, while 80% of surveyed platforms reported an increase in blocked or restricted transfers. Read more

SOL looks "absolutely bullish" at the moment, one analyst claimed.