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Ethereum's drivers are now different, but the ETH price is consolidating in a multimonth range, echoing its 2017 chart pattern, which resulted in a 1,000% rally. Key takeaways: Ethereum whales accumulated over 818,000 ETH ($2.5 billion) on Sunday, their biggest daily inflow since 2018. ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern. Read more
Amazon is investing over $13 billion in expanding AI and cloud infrastructure in Australia, including new solar farms and data centers nationwide. Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday. Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capabilities, marking the country’s largest publicly announced technology investment to date by a global company. The investment will go toward expanding, operating and maintaining Amazon Web Services (AWS) data centers in the country. Read more
The crypto trader was reportedly forced into a stolen vehicle by four assailants as part of a 50,000 euro kidnapping plot. A crypto trader who creates content on TikTok was reportedly kidnapped in France on Friday and then released a day later when the abductors discovered he didn’t have enough funds to cover their extortion demands. The 26-year-old crypto TikToker was snatched on Friday night while returning home to Juvisy-sur-Orge in Northern France, according to a report on Sunday by French radio station Europe 1, with the kidnappers demanding he hand over 50,000 euros ($57,000) in crypto. The four thieves reportedly forced the trader into a stolen vehicle. He was also beaten during the incident. Read more
Polyhedra said it’s investigating a massive plunge in the price of its governance token, which now sits at 31 cents, down from $2. Polyhedra Network (ZKJ) plunged 83% on Sunday after a series of “abnormal on-chain transactions” involving the ZKJ/KOGE (KOGE) trading pair — a collapse Binance said was triggered by a sudden liquidity crunch. “Today’s price drop was caused by a series of abnormal on-chain transactions within a very short period on the ZKJ/KOGE trading pair,” Polyhedra posted to X on June 15 after ZKJ’s market cap fell nearly $500 million in nine hours, while another tracker shows the plunge happened in less than two. Binance said the collapse of ZKJ and KOGE resulted from large holders removing tokens, causing a “liquidation cascade in the market.” Read more
The venture capitalist warned that virtually all artificial intelligence platforms are being developed in either China or the United States. Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital (VC) firm, said that the current race to establish dominance in the artificial intelligence sector is analogous to the Cold War between the United States and the Soviet Union in the second half of the 20th Century. In an interview with Jack Altman on the Uncapped Podcast, the VC said different jurisdictions and cultures will likely demand AI models trained on material aligned with their notions of acceptable social organization. Andreessen told Altman: The VC said that AI will be the "future control layer for everything," acting as the interface human beings use to access critical infrastructure and services across the healthcare, education, transportation, and legal domains. Read more
BTC miners continue to face economic headwinds and challenges, including gradually rising computational requirements to mine blocks. Bitcoin's (BTC) mining difficulty fell slightly on Saturday after hitting an all-time high of 126.9 trillion on May 31 at the start of the previous difficulty adjustment period. The Bitcoin mining difficulty level currently stands at roughly 126.4 trillion, according to data from CryptoQuant. Higher mining difficulty and network hashrate, which is a separate but related measure of the total computing power securing the Bitcoin protocol, both translate into increased miner competition and higher production costs. Read more
Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range. Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000. Read more
Strategy co-founder Michael Saylor hinted the company would purchase more Bitcoin on Monday when traditional financial markets open. Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC purchase by the company, despite the ongoing conflict in the Middle East, which could rattle global financial markets when they open on Monday. The company's most recent Bitcoin buy occurred on June 9, with a relatively small purchase of 1,045 BTC, valued at approximately $110 million, bringing Strategy's total holdings to 582,000 BTC. Data from SaylorTracker shows that Strategy is up over 50% on its investment. This translates to over $20 billion in unrealized capital gains in fiat terms. Read more
Despite crypto's rapid growth and decentralized ideals, its liquidity remains fragmented and fragile — mirroring traditional finance's hidden risks and exposing the market to sudden shocks when sentiment shifts. Opinion by: Arthur Azizov, Founder and Investor at B2 Ventures Despite its decentralized nature and big promises, cryptocurrency is still a currency. Like all currencies, it cannot escape the realities of today’s market dynamics. As the crypto market develops, it starts mirroring the life cycle of traditional financial tools. The illusion of liquidity is one of the most pressing and, surprisingly, less addressed issues that stem from the market’s evolution. Read more
Bitcoin holders are using crypto-backed loans to buy real estate without selling their BTC, avoiding capital gains taxes while staying exposed to upside. Bitcoin holders leverage crypto-backed loans to buy real estate without selling a single sat while sidestepping capital gains taxes. The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who are “Bitcoin wealthy” but often don’t meet the traditional criteria for real estate financing, Mauricio Di Bartolomeo, co-founder of Ledn, told Cointelegraph. Bitcoin-backed lending models allow borrowers to leverage their crypto without divesting. Since taking a loan doesn’t typically count as a taxable event, clients can access liquidity while retaining upside exposure. Read more
To stake Solana (SOL) in 2025, use a compatible wallet like Phantom, choose a validator, and delegate your SOL in just a few clicks. Staking Solana allows you to earn passive income through staking rewards while participating in network governance. There is no minimum requirement for staking Solana, but the practical minimum is around 0.01 SOL. All you need to start staking Solana is a SOL-compatible wallet. Read more
From golden crosses to ascending wedges, Bitcoin traders are increasingly optimistic on the future of Bitcoin price action, even as the market tracks sideways. Key points: Bitcoin traders eye new all-time highs, which include $270,000 by October. The bull run is far from over, they agree, with BTC price due a major comeback. Read more
Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors and infrastructure. The National Assembly of Vietnam approved the Law on Digital Technology Industry on June 14, bringing digital assets under regulatory oversight. The legislation, set to take effect on Jan. 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to reports from local media outlets. The law classifies digital assets into two categories: virtual assets and crypto assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies or other financial instruments. Read more
Brazil scraps crypto tax exemption for small traders, enforces flat 17.5% rate across all gains, including self-custody and offshore holdings. Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure 1303 as part of the government’s push to raise revenue through financial market taxation. Until now, Brazilian residents who sold up to 35,000 Brazilian reals (roughly $6,300) in crypto assets per month were exempt from income tax. Gains beyond that were taxed progressively, starting at 15% and reaching as high as 22.5% for volumes above 30 million Brazilian reals. The new flat rate, which went into effect starting June 12, removes all exemptions and applies equally to all investors regardless of the size of their transactions, according to a report by local news outlet Portal do Bitcoin. Read more
The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t far off. “We are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars on the internet in the same way they saw the unlock of programmable mobile devices. Soon,” Allaire said in a post on Saturday. “The highest utility form of money ever created,” he added. Read more
While the index remains in the “Greed” zone if history repeats following last year’s Israel-Iran tensions, it may decline into “Fear” in the coming weeks. The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran. The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin (BTC) falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 10:50 pm UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night. On Thursday, the Index was holding a Greed score of 71. Read more
A trader forecasts Bitcoin may reach $119,000 if oil price pattern holds, SharpLink Gaming has acquired $463 million Ether: Hodler’s Digest Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a special purpose acquisition company that is set to merge with the publicly traded blank check vehicle Columbus Circle Capital 1, the Financial Times reported on Friday. Under Pomplianos leadership, which is still under discussion, ProCapBTC would seek to raise $500 million in equity and $250 million in convertible debt as part of a merger with Columbus Circle Capital 1, backed by the Cohen&Company investment bank. Read more
Bitcoin holding firm at around $105,000 despite recent geopolitical and economic shocks suggests a sign of strength and investor confidence. Bitcoin (BTC) exchange-traded funds (ETFs) recorded five days of consecutive inflows, despite the recent geopolitical turmoil caused by the Israel-Iran conflict. According to data from Farside Investors, the streak began on Monday, June 9, with inflows of over $386 million and continued through Friday, with an additional $301 million in inflows. In total, over $1.3 billion in capital moved into Bitcoin ETFs over the past five days. The price of Bitcoin has proved resilient in the wake of the Israeli airstrikes on Iran, dropping by roughly 3% in response to the news. Coin Bureau founder Nic Puckrin said: Read more
Amazon joins a growing list of tech companies shifting to nuclear power to meet the energy-intensive needs of artificial intelligence. Tech company Amazon recently signed a deal with Talen Energy, a power infrastructure and provider company, for 1,920 megawatts (MW) of nuclear energy to fuel Amazon Web servers and AI data centers in Pennsylvania through the year 2042. According to an announcement from Talen, the energy will be produced at the company's Susquehanna nuclear facility and provide power to Amazon facilities in the region, with additional plans to explore small-modular nuclear reactor (SMR) technology. The energy will be supplied through the grid rather than directly from the nuclear plant as initially planned. This arrangement will help support the energy grid's maintenance through service fees paid by Amazon. Read more
Bitcoin does not just compete with gold as an alternative store of value, but all savings instruments, including government securities. Bitcoin's (BTC) total addressable market encompasses the $16 trillion gold market and the $30 trillion US Treasury market used as a store of value by individual bondholders and institutions, according to Hunter Horsley, the CEO of digital asset investment firm Bitwise. "The opportunity for Bitcoin isn't just gold; it is the $30 trillion-plus using Treasuries as a store of value," the CEO wrote on Friday. Horsley was responding to an earlier post from economist Mohamed El-Erian, in which the economist cautioned analysts that US Treasury flows are no longer a barometer for investor flight to safety. Read more5759 items