Crypto

A surge in public company Bitcoin accumulation is underway, as DDC, Fold, and BitMine all announced strategic BTC purchases.

Justice Department officials did not go into great detail regarding the investment scam, but said that more than 400 suspected victims had lost millions of dollars. Officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million “linked to cryptocurrency investment scams.” In a Wednesday notice, the DOJ said it had filed a civil forfeiture complaint against more than $225.3 million in cryptocurrency. In the US legal system, such complaints are filed against the assets themselves rather than parties connected to them. According to US officials, the crypto at issue was involved in money laundering from victims of fraudulent investment schemes. Interim US Attorney for the District of Columbia and former Fox News host Jeanine Pirro said officials planned to make victims of the schemes whole again using the funds. While unclear on details regarding the investment scam, the complaint alleged that more than 400 suspected victims had fallen for fake crypto schemes, re...

Singapore-based Bitcoin miner Bitdeer is raising funds, but not to buy up BTC. The firm's shares continued falling following the move.

Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90. The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5. The price leap came one day after the Senate advanced the Guiding and Establishing National Innovation […] The post Circle stock leaps to $200 record after 34% daily gain appeared first on CryptoSlate.

FalconX is considering a public listing amid a broader crypto IPO boom, three sources told Decrypt. 

The fundraising comes as the company faces declining revenue and seeks to expand in the US to hedge against potential trade tensions. Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs. According to the announcement, the convertible notes will be due in 2031. Of the total, $130 million will be allocated to a zero-strike call option transaction, while $36 million will be used to settle concurrent note exchange transactions. The remaining proceeds will go to expand the company’s operations. The new offering follows a $150 million similar debt raise in August 2024. Read more

Arthur Hayes said that stablecoin issuers who cannot immediately tap a large exchange, a Web2 platform, or a legacy bank will struggle to survive. In a June 16 blog post, the BitMEX co-founder recounted how the banking shutdowns in the 2010s in Hong Kong and Mainland China drove traders toward Tether.  Bitfinex and Tether allowed […] The post Distribution or death: Arthur Hayes says only exchange-backed or bank-linked stablecoins can thrive appeared first on CryptoSlate.

Phantom’s attorneys say you can’t create a dog-themed meme coin, and then represent plaintiffs in a lawsuit over it. The litigator-turned-degen in question disagrees.

Crypto Casino Luck.io has reportedly offered influencers almost $500,000 monthly, screenshots shared by Cobie show. The disclosure has intensified scrutiny of celebrity links to digital casinos, including Drake’s Stake.com deal said to bring around $100 million each year, amid U.S. legal challenges. The post Crypto Casino Luck.io Pays Influencers Up to $500K Monthly – But Why? appeared first on Cryptonews.

Chinese Bitcoin hardware manufacturers Bitmain, Canaan and MicroBT, who together sell more than 90 % of global mining rigs, have shifted production to the United States to sidestep tariffs. The move shows the ‘digital dependency trap’ facing US miners and the $11.9 billion market at stake. The post Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War appeared first on Cryptonews.

DeFi protocols are expanding into tokenized real-world assets, with crypto-native asset managers playing a key role in capital allocation and governance, according to a new report.

Solana price prediction has assessed a descending triangle that threatens a 30 % fall to $102 while a competing falling wedge and ETF speculation offer upside. Despite chart pressure, Solana has posted $4.79 m in daily revenue and kept 3.25 m active wallets, leaving $140 support in focus. The post Solana Price Prediction: Descending Triangle Indicates Imminent 30% Drop to $102 appeared first on Cryptonews.

Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims. New York officials reported an investigation resulting in the recovery of ​​$140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using fake ads on social media. In a Wednesday notice, authorities with the Brooklyn District Attorney’s office, the New York State Attorney’s office and the New York State Department of Financial Services said they had disrupted a scheme to defraud members of the Russian community in the state and nationwide. According to officials, the scammers used cryptocurrency to pay for fake digital asset investment ads on Facebook and other platforms, leading to the seizure of $140,000 and freezing $300,000 worth of crypto. Read more

The “ancient” Bitcoin cohort is growing faster than the amount of new coins mined, and with institutional flows accelerating, the path to $1 million BTC is starting to take shape. Key takeaways: The number of Bitcoin held for over 10 years is increasing faster than new coins are mined—550 BTC/day versus 450 issued BTC/day. 17% of BTC is already considered illiquid, and projections suggest up to 30% by 2026. Read more

Sui dropped nearly 4% after an intraday rally failed near $2.82, with 24-hour volume jumping 11% above the 30-day average during volatile trading.

The Federal Reserve left its key interest rate steady on June 18, choosing caution as it monitors persistent inflation and global uncertainties. Bitcoin (BTC) remained largely stable, continuing to hold recent gains despite broader market jitters.  The flagship crypto was trading at $104,110 as of press time, down 0.66% over the past 24 hours. Rates […] The post Bitcoin holds ground as Fed leaves interest rates unchanged appeared first on CryptoSlate.

Hayes doubts Wynn’s $1B Bitcoin bet was real, saying the whale likely farmed airdrops and attention with smart publicity stunts.

It takes a STABLE GENIUS to anoint 55 regulators for stablecoins, says James J. Angel, finance professor at Georgetown University’s McDonough School of Business.

PancakeSwap has emerged as the highest revenue-generating platform in the crypto industry over the last 24 hours, outpacing even major players like Tether. According to DeFiLlama data, PancakeSwap generated $24.6 million in fees on July 17, eclipsing Tether’s $19.9 million during the same period. This marks the DEX platform’s second-largest single-day fee haul, just behind […] The post PancakeSwap surpasses Tether with $24.6M daily revenue, driven by record $10B trading surge appeared first on CryptoSlate.

As Bitcoin clings to support levels and geopolitical shocks ripple across risk assets, there's an altcoin keeping things interesting.