Crypto

Bitcoin climbs toward $110K as May inflation comes in lower than expected, boosting hopes for Fed rate cuts and crypto momentum.

Connecticut has joined the growing number of US states rejecting the notion of a state Bitcoin reserve, prohibiting government entities from making crypto investments and payments. Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets. The House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency [...],” received bipartisan support and was signed into law on Tuesday. The bill document stipulates that “neither the state nor any political subdivision of the state” shall accept payments in cryptocurrency or purchase crypto assets. Read more

[PRESS RELEASE – Vilnius, Lithuania, June 11th, 2025] WhiteBIT, Europe’s biggest cryptocurrency exchange by traffic, today announced the launch of Hedge Mode for futures trading — a new feature designed to give traders greater control and strategic flexibility in navigating market volatility. Hedge Mode enables users to simultaneously open long and short positions on the […]

DogeOS will facilitate the launch of approximately 15 casual games via PlaysOut, with Dogecoin rewards and Doginals-based assets.

Users will eventually be able to transfer ASTR to any Superchain network, according to OP Labs’ Zain Bacchus. Japan’s Astar Network has become the first blockchain to implement the SuperchainERC20 standard for its ASTR token, in a move aimed at addressing longstanding interoperability issues between networks like Ethereum and Polkadot.  SuperchainERC20 enables interoperability across Optimism’s Superchain collective, which consists of dozens of projects working to scale Ethereum.  ASTR can now move between Astar’s Polkadot-based layer-1, Sony’s Soneium and eventually all OP Superchain networks, the company told Cointelegraph.  Read more

Surging onchain activity, rising spot Solana ETF approval chances and derivatives metrics suggest that SOL’s bullish price momentum could continue toward $300. Key takeaways: SOL futures open interest is up 12%, signaling strong institutional interest. Spot Solana ETF approval odds jump to 91% on Polymarket. Read more

Interactive Strength aims to launch the world’s largest corporate AI-crypto treasury to boost shareholder value and incorporate AI tools. Update June 11, 12:31 pm UTC: This article has been updated to include quotes from Trent Ward, the CEO of TRNR. Interactive Strength (TRNR), a Nasdaq-listed fitness equipment manufacturer, is launching what it claims to be the world’s first artificial intelligence cryptocurrency treasury, signaling growing interest in Web3 among different industries. Interactive Strength, the maker of the CLMBR and FORME fitness equipment, has entered into a Securities Purchase Agreement to raise up to $500 million in capital to acquire Fetch.ai (FET) tokens, according to a Wednesday announcement shared with Cointelegraph. Read more

LIBRA’s collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei’s impeachment.

The CBI’s investigation revealed advanced social engineering operations being used to exploit jurisdictional gaps to target foreign victims.

Connecticut's comprehensive law overhauls digital asset regulations while 31 other states weigh Bitcoin reserve proposals.

Two House committees have advanced the CLARITY Act, setting the stage for a floor vote that could shift primary crypto oversight.

A Barcelona court has launched a criminal probe into crypto firm Shirtum after star footballers allegedly promoted a failed NFT scheme.

Peter Thiel-backed crypto exchange Bullish is pursuing a public listing and follows last week's successful debuts from the crypto industry.

The upcoming meeting signals a shift in South Korea's approach to won-backed stablecoins as the new president eyes a regulatory overhaul.

Swiss crypto bank Sygnum sees a potential concentration risk for Bitcoin that could deter central banks from adopting it as a reserve asset.

Bitcoin Core dev Gloria Zhao says the data limit for OP_RETURN will be raised in October, infuriating several Bitcoin users who prefer images, text and audio to stay off the blockchain. An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each output to carry up to 4 megabytes of data, Bitcoin Core developer Gloria Zhao posted to GitHub on Monday. It comes three days after 31 Bitcoin Core devs signed a statement supporting the change, known as merged pull request (MPR) #32406. The Bitcoin devs indicated on May 5 that the data limit would be removed. OP_RETURN enabled the Ordinals craze last year, allowing Bitcoin users to post everything on the blockchain from non-fungible token-like collections to the Afghan war logs published by Wi...

PLUS: DEX volume has nearly doubled in the last year.

Trump-backed ABTC buys $23M BTC, U.S. busts $500M crypto laundering scheme, and Japan’s QE could spark a Bitcoin rally to $200K. Here’s what to know. The post Bitcoin Price Prediction: $200K Target in Sight Amid Trump & Japan Tailwinds appeared first on Cryptonews.

Sam Altman believes AI has crossed a key threshold into a new digital era of superintelligence.

Bitcoin is trading close to two-week highs near $110,000 as investors await U.S. inflation data that may shape the Fed’s rate outlook.