Crypto

The landmark bill’s odds of passage have been derailed by macro political forces, crypto policy leaders believe.

Sens. Elizabeth Warren and Richard Blumenthal sent a letter to Meta asking whether it's lobbied for the GENIUS Act or has any plans to join an issuer in any way.

The Connecticut legislature has barred that state's government from setting up the kind of digital assets reserves seen forming elsewhere in the U.S.

A practical guide to setting up, using and optimizing AI crypto trading bots, plus a glimpse into where intelligent trading is headed next. AI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions. Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests. Bots can run 24/7, react to data instantly and are ideal for passive income seekers and active traders. Read more

Bitcoin price trades near its all-time high as ETH and several altcoins start fresh rallies. Key points: Bitcoin’s chance of hitting new highs increases as bulls show clear intent to defend the $109,000 level. ETH and HYPE are leading the altcoin charge. Read more

The global asset manager, which boasts $1.8 trillion assets under management, has welcomed Kathleen Wrynn to manage its portfolio of crypto ETFs and other tokenized assets. 

Péter Szilágyi, a former Ethereum Foundation employee and the lead Geth developer, said the organization repeatedly undermined his team. A lead developer of the Geth Ethereum client has accused the Ethereum Foundation (EF) of secretly creating and funding a second Geth development team. The Geth client is the software used by validators to execute Ethereum transactions. According to an X post by core developer Péter Szilágyi, the organization undermined the Geth development team in several ways, including encouraging the developers to work at other firms, proposing salary cuts and offering $5 million for the team to spin off into a private company. Szilágyi wrote in a Wednesday X post: He corrected the year further down the post chain, writing, “2024, whatev :).” Read more

Hong Kong has entered Phase 2 of its e-HKD pilot, running live trials in asset settlement, cross-border payments and programmable finance. Tests link bank rails with public chains via Chainlink, measuring how ERC-20 and ERC-3643 tokens uphold KYC and transfer limits under load. The post Hong Kong’s e-HKD Program Enters Critical Phase – Here’s What It Means appeared first on Cryptonews.

Bitcoin’s network difficulty remains pinned at a record 127 T following its most recent adjustment on May 31, yet the underlying hashrate continues to push higher. As of June 10, the average seven-day hashrate is roughly 901 EH/s, with several daily prints brushing against 920 EH/s. This suggests a persistent mismatch between the protocol’s two-week […] The post Bitcoin hashrate up 40% this year as miners keep scaling appeared first on CryptoSlate.

Economists Shen Jianguang and Zhu Taihui have argued that launching a yuan-backed stablecoin outside mainland China, starting in Hong Kong and later other free-trade zones, has delivered 24/7, low-fee cross-border settlement and extended the currency’s reach without breaching capital controls. The post China Should Use Offshore Stablecoin to Boost Global Currency Role, Experts Say appeared first on Cryptonews.

The SEC's Staking objections have questioned whether REX Financial and Osprey Funds can list Solana and Ether ETFs that share staking rewards with investors, illustrating the wider clash between crypto-native practices and U.S. rules that still treat exchange-traded funds under older asset definitions. The post SEC’s Staking ETF Pushback Shows Regulatory Uncertainty, Says Ripple-Backed Custodian appeared first on Cryptonews.

XRP has 85% odds, Dogecoin 80%, while ADA, DOT, AVAX, and HBAR each sit at 75%, per Seyffart's latest ETF forecast.

Stripe is cozying up to crypto even more with its latest acquisition, adding crypto wallet infrastructure firm Privy.

Bitcoin enters a unique market phase as rising long-term holder dominance and compressed volatility could potentially trigger a fresh round of price discovery. Key takeaways: A unique divergence emerged as long-term Bitcoin holders took profits, while the overall supply held by this cohort continues to rise. Bitcoin’s volatility has dropped to the 10th percentile, its lowest range in a decade, despite prices trading near all-time highs. Read more

Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February. The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move. On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, […] The post Ethereum open interest hits all-time high as price rises to 4-month high appeared first on CryptoSlate.

The crypto exchange is celebrating its 12th anniversary with a sweeping brand transformation and pushes into AI and RWAs.

Trust Wallet has announced that users will soon access real-world assets in its app through an upgraded Swap flow, supporting its goal of becoming a Web3 neobank. CEO Eowyn Chen has cited work on compliance, liquidity and streamlined UX, with region-dependent rollout expected in Q3–Q4. The post Trust Wallet Explores First Major RWA Integration in a Self-Custodial Wallet appeared first on Cryptonews.

Ripple has deepened its claim to an industry anticipated to grow from billions to trillions, with the first-ever native issuance of digital commercial paper (DCP) on the XRP Ledger. The post XRP Price Prediction: Ripple’s Wall Street Deal With Guggenheim Sparks $100 Target Speculation appeared first on Cryptonews.

Current narratives around Ethereum would suggest the blockchain network is in distress. EY's Paul Brody explains what the critics get wrong.

Ether’s 5.6% rally to a 10-day high followed soft May CPI and a draft U.S.-China trade truce, intensifying already brisk institutional demand.