Crypto

UK to trial self-driving taxis in London by 2027 as Waymo cars get torched in LA protests—will autonomous vehicles survive the streets?

Haun Ventures general partner Diogo Monica claims that stablecoins are safer than commercial bank deposits, but critics warn of transparency issues with issuers like Tether. Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Read more

The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told Cointelegraph, and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since.  Treasury reserves, sometimes called cash reserves, are held by corporations to fund short-term or emergency obligations. These are typically cash or cash equivalents like money market funds or three-month US Treasury bills. The social media giant Meta keeps $72 billion in liquid assets in its reserve. But at its annual meeting on May 28, shareholders turned back a proposal to assess whether Bitcoin (BTC) might qualify as a future treasury reserve asset. The proposal was dismissed by a ratio of 1,221 to 1. Read more

American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger. American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin (BTC), it disclosed in a June 6 filing with the US Securities and Exchange Commission (SEC). The stash, currently worth over $23 million, was not previously disclosed. “ABTC considers its reserve a core strategic asset, managed adaptively to support balance sheet strength with a view to enhancing long-term stockholder value,” the firm stated. Read more

Ripple’s price is compressed between major moving averages, signaling a buildup for a potential breakout. Watch for a decisive move above $2.35, which could unleash strong bullish momentum toward $2.5. Until then, XRP remains range-bound with limited short-term direction. XRP Technical Analysis By Shayanmarkets The Daily Chart Ripple is currently trading within a narrow consolidation […]

Cointelegraph and Audius are launching a remix contest to spotlight how decentralized platforms are empowering artists and redefining creative ownership to reshape the music industry. As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans.  However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative.  Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models.  Read more

Virtual reality metaverse game Verse World launched a Solana token via Pump.fun that skyrocketed to a $112 million market cap.

The mysterious $300 million leveraged Bitcoin long comes days after Wynn’s second $100 million leveraged Bitcoin position was liquidated, causing a near $25 million loss. A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity. The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows. The position currently shows an unrealized profit of more than $4 million and faces liquidation if Bitcoin drops below $105,780. Read more

Ethereum trades near $2,800, which is considered a the key breakout level that could lead to $3,500.

Bitcoin remains technically bullish, with strong buyer interest evident after the recent liquidity sweep around the $100K mark. A breakout above $111K would likely trigger aggressive upside continuation. However, short-term volatility and potential resistance should be expected as the price navigates this critical zone. Technical Analysis By ShayanMarkets The Daily Chart BTC has recently swept […]

[PRESS RELEASE – Budapest, Hungary, June 10th, 2025] Mosaic Galaxy announced the official listing of Kodexa (KDX), the native utility token for its Mosaic Alpha platform, on MEXC Global, a leading centralized cryptocurrency exchange. Trading for KDX will commence on June 10th, 2025 at 12:00 (UTC), marking the token’s debut on a centralized exchange. The […]

Aave (AAVE) was also among the top performers, rising 17% from Monday.

Can XRP's price surge by 340%?

The token closed above the $4.10 resistance level, suggesting further upside.

Participants in the layer-1 blockchain’s DeFi ecosystem earn Aura points through trading, liquidity, lending and quests.

The 78-year-old bank said that stablecoins could now be used to purchase or redeem tokenized securities, too.

The crypto exchange surveyed Fortune 500 company execs and decision makers at small and medium-sized firms in the U.S. to assess crypto adoption trends.

Strategy Inc vs. IBIT: Best Bitcoin Proxy Stock in 2025? When investors want exposure to Bitcoin without actually holding it, they often turn to what’s known as a Bitcoin proxy stock. These are equities or funds that mirror Bitcoin’s price movements, offering a way into the crypto market through traditional finance. Two of the most prominent examples today are Strategy Inc (formerly MicroStrategy) and BlackRock’s iShares Bitcoin Trust (IBIT). Read more

Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […] The post Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem appeared first on CryptoSlate.

Staked ETH has reached a new all-time high of 34,824,875 ETH. The total represents 28.15% of the Ethereum supply now locked in staking contracts. The validator count stands at 1,088,277, and staking activity is pushing upward after a period of consolidation and a brief decline earlier in the month. Lido remains the leading staking entity, […] The post Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge appeared first on CryptoSlate.