Crypto

Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood. On June 3, 2025, a website promoting the “Official $TRUMP Wallet” surfaced, claiming to offer users the ability to trade cryptocurrencies, including a Trump-branded memecoin. The site prominently featured Magic Eden as a partner, lending an air of legitimacy to the project. However, the Trump family swiftly disavowed any association with the wallet. Unveiled by Fight Fight Fight, a company tied to Trump associate Bill Zanker, the Official Trump Wallet claimed to offer crypto features and collectibles under the Trump brand. The wallet promised integration with leading cryptocurrencies, including Bitcoin (BTC), Solana (SOL), Ether (ETH), Magic Eden’s own ME (ME) token, alongside “all other tokens.” Read more

The Telegram token found critical support on the short-term at the $3.20 level.

The Sui blockchain token is seeing new support levels as as delegations from the U.S. and China meet in London.

Traders have bridged to Avalanche to start trading meme coins, as SocialFi app The Arena sees activity explode.

Crypto ETFs have attracted billions in inflows and mainstream attention, but they undermine crypto’s core values of decentralization, self-custody and financial empowerment. Opinion by: Agne Linge, head of growth at WeFi Decentralized finance (DeFi) disrupting and outcompeting TradFi has long been the dream of many innovators in the crypto field. Some of them lauded the over $40 billion in net inflows to spot Bitcoin (BTC) exchange-traded funds (ETFs) — recorded in the US since last January’s regulatory drama — as a final victory for the industry. While that indicates an increasing number of investors are interested in crypto and treat it as a legitimate asset, a U-turn on its core principles of self-custody, permissionless access and borderless value transfer is a big win for the industry. Crypto-based ETFs are simply centralizing what was built to resist centralization. Read more

Circle's IPO last week was validation for stablecoins, but the business model carries interest rate risks, says CoinDesk Indices' Andy Baehr.

SEC records have confirmed Strategy has purchased 1,045 more Bitcoin for about $110.2 million, extending a nine-week accumulation run. The company now holds roughly 582,000 BTC—about $40 billion at current prices—showing institutional confidence in Bitcoin as a treasury asset. The post Michael Saylor’s Strategy Scoops 1,045 BTC for $110M – Trove Tops $40B Near Record Highs appeared first on Cryptonews.

The Tysons Corner, Virginia-based firm announced a Bitcoin purchase for the ninth week in a row.

The vibe coder heralds an era of software development that is democratized and near-effortless. It also means a big role for crypto, says Ivo Entchev.

“The idea that one coin must dominate all others ignores the power of collaboration and innovation,” says Jeff Garzik, a co-founder of Hemi Labs and an original Bitcoin developer.

A crypto investor lost $2.6 million in hours, falling victim to a zero-value transfer scam, a type of address poisoning scam. On May 26, 2025, a crypto investor fell victim to a series of onchain phishing attacks. Crypto compliance firm Cyvers announced that the victim lost a total of $2.6 million worth of cryptocurrencies. It all started when the user sent 843,000 Tether USDt (USDT) to an address other than the intended recipient. Just three hours later, the user sent 1.75 million USDT more to the same address. The result: All of it was lost in hours. Read more

"I never imagined buying more, especially at prices above $100K," Deaton stated.

Ether ETF inflows totaled $815 million over the last 20 days as investors have woken up to the network's value proposition, the broker said.

Ethereum ETFs notch 15-day winning streak with $837M inflows as institutional investors shift focus from speculative Bitcoin to ETH infrastructure.

Cosmos token shows resilience despite rejection at key resistance level, bouncing back with a 1.4% hourly gain.

XRP traders say it has the potential to rally to $27 as ETF approval odds increase. Key takeaway: Analysts predict XRP could hit $20–$27 in 2025. XRP ETF approval odds jump to 98% on Polymarket. Read more

[PRESS RELEASE – Mahe, Seychelles, June 9th, 2025] BitMEX, the safest crypto exchange, announced today the launch of its June Jumpstart Trading Competition, allowing traders to compete for their share of a 3 BTC prize pool. The competition will run from June 6, 2025, at 11:00 AM (UTC) to June 30, 2025, at 11:59 PM […]

Uniswap (UNI) was also a top performer, gaining 7.6% from Friday.

A multi-agency investigation traced illicit funds to a suspected $123 million crypto laundering operation hiding behind a security company. Australian authorities have charged four individuals following an 18-month investigation into a $190 million Australian dollar ($123 million) crypto laundering operation allegedly run through a cash-in-transit security company. The Australian Federal Police said they had frozen about $13.6 million worth of suspected criminal assets across the states of Queensland and New South Wales. The Queensland Joint Organized Crime Taskforce (QJOCT), comprising 70 officers from federal and state agencies, began the investigation in December 2023. It reportedly uncovered an operation that used an armored vehicle unit of a security business as a front to launder criminal proceeds into cryptocurrency. Read more

"This isn’t a cosmetic refresh. It’s a total upgrade to the engine," LUCIE stated.