Crypto

US President Donald Trump says the US can’t be “left out in the cold” on prediction markets just days after he said he was “not happy” with the fast-growing platforms. US President Donald Trump has softened his stance on prediction markets just days after he bemoaned the surging interest and popularity of the betting platforms. “I don't know. I know some people who are very smart. They like it,” Trump told reporters in Florida on Saturday after he was asked about his earlier comments, in which he said he didn’t support prediction markets. “They disagree, but they like it.” “A lot of other countries are doing it, and when the other countries do it, we get left out in the cold if we don't do it,” he said. Read more

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. finalized a similar rule removing reputation risk earlier this month. US crypto lobby group Blockchain Association has thrown its support behind the US Federal Reserve’s proposal to codify the removal of “reputation risk” from its supervision of banks, which has been used in the past to debank crypto companies. In a letter sent Monday in response to the Fed's request for comment, Ashok Pinto, the group's executive vice president of legal and government relations, said reputation risk, which was removed as a component of examination programs in June 2025, should be made a formal rule. “The Blockchain Association strongly encourages the Board to move expeditiously to finalize and codify the removal of reputation risk from its supervisory framework,” Pinto wrote. Read more

The US dollar-backed token will roll out across Paystand’s network, which the company says has processed more than $20 billion in business payments. Paystand is launching USDb, a US dollar-backed stablecoin built on Bitcoin-linked infrastructure for use in business payments, including accounts receivable, accounts payable, payroll and treasury operations. According to Tuesday's announcement, the token is issued on Bitcoin-linked rails, including Rootstock, and interoperates with infrastructure from Blockstream. It will roll out first across Paystand’s payments network, which the company says has processed more than $20 billion in volume for over one million businesses. Santa Cruz, California-based Paystand is a blockchain payments company that provides accounts receivable and accounts payable infrastructure to businesses across North America and Latin America. Read more

The integration enables crypto payments at more than 650,000 merchants, with transactions settled for businesses in South African rand. Crypto exchange Bybit has expanded its Bybit Pay service to South Africa through an integration with local payments provider MoneyBadger, allowing users to pay with cryptocurrency at merchants nationwide using QR codes while businesses receive settlement in local currency. According to Bybit's Tuesday announcement, the rollout connects Bybit Pay to existing payment networks, giving users access to more than 650,000 merchants via Scan to Pay, 31,000 through Zapper and over 1,500 Pick n Pay stores, with additional support for online payments through Peach and Ozow. Users can pay with Bitcoin (BTC), stablecoins and more than 20 other digital assets, with transactions processed in seconds while MoneyBadger converts funds to South African rand at the point of sale to limit exposure to price volatility, allowing merchants to accept crypto without holding it. Read more

Bitcoin’s ascending channel setup and rising stablecoin inflows suggest improving liquidity conditions could support a push toward higher price levels. Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Read more

Some of the price declines for BTC came even after the Fed actually lowered the interest rates.

Markets are pricing in a June rate hike after a split BoJ vote that saw three policymakers dissent in favor of a hike.

High-volume breakdown confirms sellers in control, with failed support turning into a key pivot as downside targets come into focus.

Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger? Key takeaways: Bitcoin (BTC) price sustained levels above $76,000 for the past week, distancing itself from its year low at $60,500. The recent bullish momentum came as crude oil prices jumped above $100 and the S&P 500 hit new trading highs, but futures market data may point to a short-term rally-ending outcome for Bitcoin. A total of $1.4 billion in leveraged short positions near $80,000 has been built over the past 48 hours, according to CoinGlass data, and Bitcoin’s rejection at $79,500 has raised alarm. Read more

Ether charts flash an ominous triple-top pattern as ETH fails to overcome $2,400. Will bears maintain control over the altcoin’s price action? Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion in liquidation risk concentrated near the $2,150 support zone. Crypto analyst Michaël van de Poppe also flagged weakness in Ether relative to Bitcoin, raising doubts about the strength of any near-term uptrend.  Ether has failed to break $2,400 four times over the past two weeks, forming a clear triple top pattern on the daily chart. Each retest saw a loss of strength near that level, suggesting supply absorption by sellers. Read more

The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain. Israel’s Capital Market, Insurance and Savings Authority has greenlit the launch of a shekel-pegged stablecoin by the virtual exchange exchange Bits of Gold. In a Monday notice, the Israeli regulator said that it had granted approval of the BILS stablecoin after a two-year pilot program of the stablecoin on the Solana blockchain. Source: LinkedIn Read more

The joint motion halts deadlines and enforcement in xAI’s lawsuit while Colorado lawmakers weigh changes to the state’s AI bias law.

Lawmakers look to push election reform that would block crypto campaign donations, even as Canada expands oversight of stablecoins and digital asset markets. Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That's after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support the bill in principle and will now study it in detail at committee, where amendments can still be made. The legislation would prohibit political parties and candidates from accepting cryptocurrency donations, closing what regulators see as a gap in campaign finance rules. Read more

Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000. Bitcoin (BTC) whales holding between 1,000-10,000 BTC have increased their BTC exposure over the past five months, with the total balance reaching 3.09 million, a level last seen on November 11, 2025. Short-term data suggest that Bitcoin traders may move toward existing liquidity at $73,700, but futures market activity and the longer-term market structure hint at higher levels above $80,000.  Bitcoin wallets holding between 1,000 and 10,000 BTC have been steadily accumulating since December, adding approximately 240,000 BTC to their balances. Read more

The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach.

The emails passed domain authentication checks because they appeared to have been sent through Robinhood's actual email infrastructure.

Crypto ATM operators and businesses hosting the machines have until July 1 to be in compliance with the new law or risk potential fines and prison time. Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to 11 months and 29 days in prison and a $2,500 fine. Source: Tennessee General Assembly Read more

Cooling U.S. demand, elevated Bitfinex whale positioning and a key on chain rejection point to short term downside during the Las Vegas Bitcoin conference.

The Aave-led relief effort has gained widespread support, securing enough commitments to replenish the swiped funds.

Six weeks after telling staff to stop chasing distractions, OpenAI is reportedly planning a phone targeting 400 million units a year.