Crypto

Weaker dollar sparks optimism for risk assets as inflation eases.

Outgoing FSB Chair Klaas Knot says stablecoins and ETFs are accelerating crypto’s integration into traditional finance, raising systemic risk concerns. The Financial Stability Board (FSB) is sounding the alarm on growing risks from the crypto sector, warning that interlinkages with traditional finance are nearing a critical threshold. Speaking in Madrid on Thursday, outgoing FSB Chair Klaas Knot said that while crypto does not yet pose a systemic risk to traditional finance, that status may not last much longer. “We may be approaching a tipping point here,” he said. Knot noted that entry barriers for retail investors have “dropped significantly,” particularly with the introduction of crypto exchange-traded funds. Crypto ETFs allow investors to gain exposure to digital assets without managing private keys, using crypto wallets or navigating exchanges. Read more

New 10% yield offering aims to raise nearly $1 billion to support Strategy’s continued bitcoin accumulation. New 10% yield offering aims to raise nearly $1 billion to support Strategy’s continued bitcoin accumulation.

Binance’s rollout in Syria features a full access launch, allowing Syrians to trade at least 300 tokens, including Bitcoin, XRP, Toncoin and more. Binance, one of the world’s largest crypto exchanges, became one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May. Syrian residents can now access Binance’s platform and trade crypto assets like Bitcoin (BTC), the company announced on Thursday. The launch follows US Secretary of State Marco Rubio’s May 23 decision to lift sanctions on Syria, which was followed by the EU lifting all economic restrictions on the country. Read more

Despite a 0.15% pullback, ETH options skew, exchange outflows and ETF flows all point to growing upside interest among traders and institutions.

India is home to 16% of the world’s AI talent, second only to the U.S., according to a new BCG report on the country’s booming AI sector.

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported. Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack Ma-backed Ant Group, is preparing to submit a license application in Hong Kong after the city’s stablecoin regulatory framework takes effect in August, according to a Bloomberg report citing unidentified sources. The company is expected to pursue similar licensing efforts in Singapore and Luxembourg. Ant Group is an affiliate of the Chinese conglomerate Alibaba Group, which owns and operates the world’s largest digital payment platform, Alipay, serving over 80 million merchants and 1.3 billion users worldwide. Read more

Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW. The core issue here lies in capacity payments, fixed fees paid to power plants regardless of whether they produce electricity, which have soared as high as 2.1 trillion Pakistan rupees($7.45 billion) annually. Read more

Hedge funds like Qube, Virtu and Jump are hiring weekend crypto traders as traditional finance adapts to nonstop digital asset markets. The always-on crypto market is reshaping global finance, pushing hedge funds and trading firms to look beyond traditional hours and staff desks through the weekend. Qube Research & Technologies, a global quantitative investment management firm headquartered in London, is hiring for a “Crypto | Quant Trader (Weekend Shift)” role in London, which requires weekend availability in addition to a four-day workweek. The role, which includes overseeing continuous crypto trading, monitoring strategy performance and risks and implementing signals and data sets, requires working every other weekend and a normal day shift four days per week. Read more

BTC price requirements are clear as consolidation below all-time highs continues. Can Bitcoin bulls stick to the plan and avoid falling back below $100,000? Key points: Bitcoin and crypto markets stalled despite positive inflation data thanks to the US keeping tariffs on China, analysis says. $100,000 and the 2025 yearly open are key support levels going forward. Read more

The new SEC framework imposes minimum capital, local incorporation, and strict data rules on crypto firms operating in the Philippines.

Senators Warren and Blumenthal are demanding answers from Meta over renewed stablecoin plans, warning of risks to competition and privacy.

ASIC has banned Glenda Rogan for misleading conduct after she allegedly transfered client funds into blacklisted crypto platform.

The decentralized physical infrastructure platform wants to scale and improve data infrastructure for vehicles in Japan.

Hollywood studios are accusing Midjourney of rampant copyright infringement, citing unauthorized use of iconic characters.

ETH is building institutional momentum despite macro jitters, now accounting for 45% of perpetual futures volume, surpassing BTC.

Bitcoin trades near $109K as Germany’s Evertz Pharma adds $10.8M BTC, Trump seals China deal, and markets await U.S. inflation data. Will BTC break out? The post Bitcoin Price Prediction: BTC Eyes $110K as Evertz, Trump Fuel Momentum appeared first on Cryptonews.

GameStop’s latest convertible senior note proposal pushed the stock price down further just days after Q1 revenue missed expectations. GameStop (GME) shares fell 11.7% in after-hours trading after announcing a $1.75 billion private convertible senior note offering — extending its debt financing strategy that could fund additional Bitcoin purchases. GME had already slid 5.34% to $28.55 during normal trading hours on Wednesday after GameStop reported a first-quarter revenue fall of 17% in after-hours the day before.  The US video game and consumer electronics retailer didn’t explicitly state that the proceeds would be used to fund additional Bitcoin purchases, but said it intends to make investments in a manner consistent with GameStop’s investment policy in addition to potential acquisitions. Read more

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of […] The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys appeared first on CryptoSlate.

A serving South Korean police officer has been charged with fraud and embezzlement as part of an investigation into a suspected 700 million won ($509,200) crypto fraud scheme. The post South Korean Police Officer Charged in $509k Crypto Fraud Probe appeared first on Cryptonews.