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Found 11109 news

  • Solana treasury firms resist Forward Industries’ consolidation push
    Cointelegraph.com - 11:22 Jun 16, 2026
    Two Solana treasury firms rejected acquisition proposals from Forward Industries, while a third offer expired without a response. Solana treasury companies are resisting acquisition attempts by Forward Industries, with two firms rejecting proposed combinations and a third allowing its offer to expire without responding. Forward said Monday that Solana Company (HSDT), formerly Helius Medical Technologies, rejected an all-stock proposal that would have given its shareholders 0.386 newly issued Forward shares for each HSDT share. According to Forward, the offer valued HSDT at $1.63 per share. “On June 12th, HSDT responded that its board voted to decline Forward’s offer and chose to not engage in further discussion. We are disappointed and surprised that the HSDT board has chosen to reject Forward’s offer without any discussion or communication,” Forward said in its press release. Read more
  • Bitcoin doesn't need Ethereum-style yield, says Strategy's Michael Saylor
    Cointelegraph.com - 10:11 Jun 16, 2026
    Michael Saylor says Bitcoin does not need staking or inflation, outlining a five-layer “Digital Asset Stack” that generates returns through credit and equity products built around BTC. Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation or protocol-based yield mechanisms, arguing returns should come from financial products built around BTC. In an X post on Tuesday, Saylor outlined a five-layer “Digital Asset Stack” positioning Bitcoin (BTC) as the base for credit, money, yield and equity structures. Saylor said Bitcoin should remain “pure digital capital” and that it “does not need to become Ethereum” to generate investor returns. Read more
  • Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates
    Cointelegraph.com - 08:24 Jun 16, 2026
    The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform. Bitcoin miner IREN has completed its acquisition of the Spanish data center developer Nostrum Group, marking its entry into Europe as the company builds out its artificial intelligence cloud business. IREN said in a press release on Monday that the acquisition adds about 490 megawatts of secured, grid-connected power in Spain, along with a development pipeline and over 50 employees across engineering, construction, development and operations. The deal expands IREN's global power portfolio to about 5 gigawatts, with the Spanish capacity representing about 10% of the total. Read more
  • Bitcoin recovery rests on US-Iran deal as momentum remains weak
    Cointelegraph.com - 05:46 Jun 16, 2026
    LVRG Research director Nick Ruck says Bitcoin could face a “volatile path” if a recently agreed peace deal between the US and Iran breaks down. Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick Ruck, a director at LVRG Research, told Cointelegraph that despite Bitcoin (BTC) recently reclaiming $67,000, its “momentum remains weak, with declining volume and stagnant on-chain metrics indicating that the recovery lacks conviction and could quickly fade.” He added that if a recently brokered peace deal between the US and Iran breaks down, the following geopolitical instability and potential oil shocks would see Bitcoin “face a volatile path.” “It may initially find bids as a hedge asset before broader risk-off flows push it toward key support zones, underscoring how macro and geopolitical catalysts continue to dominate crypto price action.” Read more
    Tags: Bitcoin
  • US government watchdog urges FDIC to coordinate on crypto oversight
    Cointelegraph.com - 04:42 Jun 16, 2026
    The US Government Accountability Office says that regulators, including the FDIC, lack an “ongoing coordination mechanism for addressing blockchain risks.” The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology. GAO made a June 8 letter to FDIC Chairman Travis Hill public on Monday, which said that it first flagged priority recommendations with the regulator in May last year, including addressing blockchain technology risks. It said that blockchain technology was an area of concern that it put on its “High Risk List,” as it deems that regulators have struggled to oversee blockchain-based financial products and the risks they could pose to US markets. Read more
    Tags: FDIC
  • Anthropic shutdown makes a strong case for decentralized AI: Grayscale
    Cointelegraph.com - 03:38 Jun 16, 2026
    Grayscale says decentralized AI tokens gained after the US government ordered Anthropic to cut access to its latest AI models, showing user demand for alternatives to centralized AI. Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head of research Zach Pandl said in a note on Monday that the order to cut access to Anthropic’s Fable 5 and Mythos 5 shows “the centralized control of frontier AI technology and drives home the need for decentralized alternatives.” “We expect demand for decentralized AI, like Bittensor and its TAO token, to continue to rise as investors seek alternatives,” Pandl said. Read more
  • Trump crypto company's USD1 stablecoins backing UFC event bonuses
    Cointelegraph.com - 22:10 Jun 15, 2026
    Trump crypto company's USD1 stablecoins backing UFC event bonusesA spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday's Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the company. UFC had previously made a similar announcement before the event.  The price of USD1 jumped above $1 on June 12 and remained there, according to CoinMarketCap data at last look. Trading volume in the past 24 hours was up more than 93%, at $2.38 billion. Read more
  • Trump crypto company's USD1 stablecoins backing UFC event bonuses
    Cointelegraph.com - 21:10 Jun 15, 2026
    A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.” Some of the fighters in Sunday's Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company, World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the company. UFC had made a similar announcement before the event. The price of USD1 jumped above $1 on Friday and remained there, according to CoinMarketCap data at last look. Trading volume in the past 24 hours was up more than 93%, at $2.38 billion. Read more
  • Nvidia’s $20 billion debt boom reinforces Bitcoin miners' AI pivot
    Cointelegraph.com - 20:15 Jun 15, 2026
    Nvidia’s $20 billion debt boom reinforces Bitcoin miners' AI pivotNvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers. Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto. On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt. Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities. Read more
  • CFTC hires SEC crypto task force adviser with blockchain forensics chops
    Cointelegraph.com - 19:41 Jun 15, 2026
    CFTC hires SEC crypto task force adviser with blockchain forensics chopsThe CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act. The US Commodity Futures Trading Commission (CFTC) has hired a new chief data innovation officer with deep experience in blockchain forensics in what could be seen as the regulator's move toward greater focus on the technology. In a Monday notice, CFTC Chair Michael Selig said that Donald Battle, an adviser to the US Securities and Exchange Commission (SEC) crypto task force, would be the commission’s chief data innovation officer. Battle was appointed as an SEC crypto task force adviser in January 2025 with the incoming Trump administration, and previously worked as a blockchain data adviser for the CFTC and crypto enforcement specialist with the Treasury Department’s Financial Crimes Enforcement Network. Source: CFTC Read more
    Tags: CFTC
  • Nvidia’s $20 billion debt boom reinforces Bitcoin miners' AI pivot
    Cointelegraph.com - 19:15 Jun 15, 2026
    Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers. Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto. On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt. Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities. Read more
  • BitMine boosts ETH holdings closer to $10B as bear market accumulation continues
    Cointelegraph.com - 18:55 Jun 15, 2026
    BitMine boosts ETH holdings closer to $10B as bear market accumulation continuesBitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges. BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continues to generate yield. On Monday, the crypto treasury company reported that it acquired 76,881 Ether (ETH) over the past week, potentially reducing its average cost basis as ETH briefly plunged below $1,600 during the period. The company has been steadily acquiring Ether during the bear market, regardless of price action. BitMine now holds 5,620,754 ETH acquired at an average price of $1,718. Read more
    Tags: BitMine
  • Kraken rolls out perpetual futures for US traders through CFTC-regulated venue
    Cointelegraph.com - 18:53 Jun 15, 2026
    Kraken rolls out perpetual futures for US traders through CFTC-regulated venueThe offering follows Kraken's acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore. Kraken on Monday launched perpetual futures trading for eligible US users through Bitnomial, expanding its domestic derivatives offerings months after acquiring the federally regulated exchange. The products are available through Kraken Pro and include contracts tied to major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Litecoin (LTC) and Avalanche (AVAX). According to Monday's announcement, the contracts share the same futures wallet as Kraken's existing CME-listed crypto futures products, allowing traders to manage both positions from a single account. Read more
  • CFTC hires SEC crypto task force adviser with blockchain forensics chops
    Cointelegraph.com - 18:41 Jun 15, 2026
    The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act. The US Commodity Futures Trading Commission (CFTC) has hired a new chief data innovation officer with deep experience in blockchain forensics in what could be seen as the regulator's move toward greater focus on the technology. In a Monday notice, CFTC Chair Michael Selig said that Donald Battle, an adviser to the US Securities and Exchange Commission (SEC) crypto task force, would be the commission’s chief data innovation officer. Battle was appointed as an SEC crypto task force adviser in January 2025 with the incoming Trump administration, and previously worked as a blockchain data adviser for the CFTC and crypto enforcement specialist with the Treasury Department’s Financial Crimes Enforcement Network. Source: CFTC Read more
    Tags: CFTC
  • BitMine boosts ETH holdings closer to $10B as bear market accumulation continues
    Cointelegraph.com - 17:55 Jun 15, 2026
    BitMine continued buying Ether through the market downturn, growing its stake to nearly 5% of the circulating supply while generating staking yield amid mounting ecosystem challenges. BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continued to generate yield. On Monday, the crypto treasury company reported that it acquired 76,881 Ether (ETH) over the past week, potentially reducing its average cost basis as ETH briefly plunged below $1,600 during the period. The company has been steadily acquiring Ether during the bear market, regardless of price action. BitMine now holds 5,620,754 ETH acquired at an average price of $1,718. Read more
    Tags: BitMine
  • Kraken rolls out perpetual futures for US traders through CFTC-regulated venue
    Cointelegraph.com - 17:53 Jun 15, 2026
    The offering follows Kraken's acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore. Kraken on Monday launched perpetual futures trading for eligible US users through Bitnomial, expanding its domestic derivatives offerings months after acquiring the federally regulated exchange. The products are available through Kraken Pro and include contracts tied to major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Litecoin (LTC) and Avalanche (AVAX). According to Monday's announcement, the contracts share the same futures wallet as Kraken's existing CME-listed crypto futures products, allowing traders to manage both positions from a single account. Read more
    Tags: KRAKEN
  • These Bitcoin charts show how BTC price could hit $100K before October
    Cointelegraph.com - 16:18 Jun 15, 2026
    These Bitcoin charts show how BTC price could hit $100K before OctoberBitcoin’s double-bottom setup, weekly RSI divergence and whale flows put traders on alert as BTC tests a key breakout zone. Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingView Key takeaways: Read more
  • Bitcoin analysis warns over BTC price rejection as $67K approaches
    Cointelegraph.com - 15:22 Jun 15, 2026
    Bitcoin analysis warns over BTC price rejection as $67K approachesBitcoin snatched upside liquidity as the US trading session began, but traders warned over a failure to preserve BTC price gains. Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging. Key points: Read more
    Tags: Bitcoin
  • These Bitcoin charts show how BTC price could hit $100K before October
    Cointelegraph.com - 15:18 Jun 15, 2026
    Bitcoin’s double-bottom setup, weekly RSI divergence and whale flows put traders on alert as BTC tests a key breakout zone. Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. BTC/USD daily chart. Source: TradingView Key takeaways: Read more
  • Pudgy Penguins winds down Pudgy Party mobile game
    Cointelegraph.com - 15:05 Jun 15, 2026
    Pudgy Penguins winds down Pudgy Party mobile gamePudgy Penguins will halt development of Pudgy Party and focus on Pudgy World, as another Web3 gaming project shuts down after failing to find a sustainable business model. Non-fungible token (NFT) project Pudgy Penguins is winding down its mobile game Pudgy Party and halting further development. In an X post, the team said on Saturday that it would shift its gaming resources toward Pudgy World, a browser-based experience which it described as the flagship gaming product for the Pudgy Penguins ecosystem.  “We’ve made the difficult decision to wind down Pudgy Party and halt further development,” the team wrote, adding that Pudgy World offered greater potential for scalability and introducing new users to the Pudgy Penguins brand.  Read more

11109 items