Crypto

Bitcoin miner Bitdeer reported an increase in BTC mined in May, an 18% jump from April, as the industry recovers from a tough spell.

GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the […] The post GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions appeared first on CryptoSlate.

The U.S. Senate has advanced the GENIUS Act after a 68-30 cloture vote, opening the path for Monday final consideration of a bill mandating dollar reserves, annual audits for issuers above $50 billion and oversight of foreign stablecoins, amid debate over Trump’s growing crypto ties. The post Senate Stablecoin Drama Heats Up: GENIUS Act Faces Final Vote Amid Trump-Linked Controversy appeared first on Cryptonews.

The two men charged with kidnapping a Bitcoin investor in NYC have pleaded not guilty as wild new details emerge in a court appearance.

Brian Quintenz, nominated by Donald Trump to head the CFTC, has reiterated his crypto-friendly stance, telling the Senate Agriculture Committee that Congress should deliver clear token classifications and trading-market oversight. He also noted the agency’s staffing upheaval amid policy shifts. The post Brian Quintenz Champions ‘Comprehensive’ Crypto Framework in Heated Senate Agriculture Hearing appeared first on Cryptonews.

Distorted price signals from fiat currencies have destroyed the ability to make rational economic calculations, according to Truth for the Commoner founder Marty Bent. Truth for the Commoner (TFTC), a media company that advocates for Bitcoin and sound money principles via a newsletter and podcast, launched the “Opportunity Cost” browser extension on Wednesday, allowing users to view online prices in Bitcoin (BTC) or sats to weigh purchasing decisions. TFTC founder and contributor Marty Bent outlined three main goals of the extension, including promoting low time preference behavior — a reference to a willingness to defer present consumption to meet future needs — increasing Bitcoin adoption and providing a tool for business owners to calculate revenue denominated in BTC. Bent told Cointelegraph: “Bitcoin reintroduces a proper hurdle rate that enables individuals to truly weigh the opportunity cost of their spending decisions,” the TFTC founder said. The software is open-source and has no revenue model. A hurd...

A new Similarweb report reveals that ChatGPT commands 5.5 billion monthly visits while competitors struggle to make a fraction of that.

FLOKI has climbed 100% from its four-month trough yet trails wider market rallies. Investors have pointed to fresh sports partnerships, 2.25 million-impression gaming ads, a forthcoming European ETP debut, and Valhalla’s mainnet launch this month as catalysts.   The post FLOKI Unleashes 2.25M-Ad Sports Blitz – Will Whales Ignite a 100% June Breakout? appeared first on Cryptonews.

John Woeltz and William Duplessie reportedly pleaded not guilty to the kidnapping and false imprisonment of Michael Valentino Teofrasto Carturan in New York City. Two of the men charged with the kidnapping and torture of a cryptocurrency holder visiting New York City have reportedly pleaded not guilty to all counts. In a Wednesday hearing in the New York Supreme Criminal Court, John Woeltz and William Duplessie pleaded not guilty to kidnapping and false imprisonment of Michael Valentino Teofrasto Carturan, Reuters reported. The two men are accused of abducting the tourist, who was apparently a friend, from New York City and administering electric shocks, beatings, and other forms of torture in an effort to gain access to his crypto wallet. Read more

Bitcoin's recent rally occurred as funding rates turned negative, and BTC held on exchanges and OTC desks shrank. Key takeaways: Bitcoin onchain data shows a steady depletion of exchange and OTC balances, pointing to long-term accumulation and tightening supply. With BTC open interest near record highs and liquidity drying up, the market is tightly coiled, raising the probability of a sharp move. Read more

Dogecoin skyrocketed after Elon Musk’s surprise apology to Trump amid fresh ETF optimism for the crypto market's leading meme coin.

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank […] The post Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act appeared first on CryptoSlate.

The Pi Coin price has returned to $0.6414 today, but could calls to raise the token's official price send it rocketing this month? The post Pi Coin Price Prediction: June 28 Could Change the Future of Pi Network – Here’s Why appeared first on Cryptonews.

After stockpiling over $500 million worth of Bitcoin, GameStop is raising more funds that could well fuel future BTC purchases.

SPX6900 price prediction reviews the token’s 40% weekly surge into the top five meme coins. Whale wallets have increased to 105.29 million tokens, suggesting durable demand, while a cup-and-handle pattern hints at either a near-term 40% pullback or a breakout that could flip TRUMP’s $2.1 billion valuation. The post SPX6900 Price Prediction: SPX Flips BONK to Enter Meme Coin Top 5 – Is TRUMP Next? appeared first on Cryptonews.

Pepe (PEPE) has pulled ahead in the meme coin race, securing a 5-day winning streak before cooling slightly today.While its price dipped 1% in the past 24 hours, trading volumes surged 18%, indicating that trader interest remains strong despite the pause.PEPE now boasts a $5.4 billion market cap—more than double that of Official Trump (TRUMP), […] The post Pepe Price Prediction: Top Meme Coin of the Day – Can PEPE Hit $10? appeared first on Cryptonews.

Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US […] The post Bitcoin dips as Trump finalizes tariff deals with China appeared first on CryptoSlate.

The company made its initial acquisitions of bitcoin in May, buying 4,710 coins for about $500 million.

William Duplessie and John Woeltz, once viewed as crypto high-flyers, have pleaded not guilty in Manhattan to charges tied to a crypto kidnapping that allegedly saw an Italian businessman bound, shocked and cut in a SoHo townhouse as attackers chased his Bitcoin; the case returns July 15. The post Crypto Kidnapping Shocker: NYC Duo Pleads Not Guilty in Bitcoin Torture Plot appeared first on Cryptonews.

Bitcoin technical charts and encouraging US macroeconomic data could trigger a rally to $115,000. Key takeaways: Bitcoin investor sentiment hits a seven-month high, with a bullish pennant forecasting a rally to $115,000. Wednesday’s CPI print and the chance for a lower-than-expected PPI on Thursday could drive BTC price higher. Read more