Cointelegraph.com
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Found 11109 news
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Cointelegraph.com - 21:05 Jun 03, 2026
Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level. Key points: Bitcoin (BTC) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher levels. The launch of fresh strikes by the US and Iran has hurt sentiment, but Bitrue Research Institute research lead Andri Fauzan Adziima told Cointelegraph that the fall was more about “leveraged liquidations, heavy ETF outflows, and technical breakdowns than pure Iran news, but it amplifies the fear.” All eyes have shifted to BTC’s yearly lows of $60,000. Veteran trader Peter Brandt said in a post on X that BTC has formed an expanding triangle, a common and reliable pattern. He projects a decline to about $56,000, but added that a move above $75,000 would invalidate this bearish view. Read more -
Cointelegraph.com - 19:21 Jun 03, 2026
Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs. [Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.] Democratic and Republican candidates across California, New Jersey and South Dakota won their respective primaries on Tuesday after being the beneficiaries of supportive ads purchased by cryptocurrency industry-backed political action committees (PACs). On Tuesday, Democrats Jacqui Irwin, Ted Lieu, Zoe Lofgren, Dave Min, Mike McGuire, Hilda Solis, George Whitesides, Lou Correa and Lateefah Simon won their respective California primaries for House seats. Democrat Rob Menendez and Republican Mike Rounds also won primaries for New Jersey’s 8th congressional district and a South Dakota Senate seat, respectively. Read more -
Cointelegraph.com - 17:54 Jun 03, 2026
New data suggests AI-driven payment rails are evolving beyond experimentation as users are making more higher-value transfers. Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase's x402 protocol generated more than 100 million transactions on Base within roughly nine months of launch. The x402 protocol allows software agents to make onchain payments directly through web requests. When an agent requests access to a resource, such as a data feed or API, it can automatically complete a stablecoin payment without human authorization. Read more -
Cointelegraph.com - 16:09 Jun 03, 2026
Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat. Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned. Key points: Read more -
Cointelegraph.com - 16:01 Jun 03, 2026
The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review. The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU clients. A spokesperson from the European Securities and Markets Authority (ESMA) told Cointelegraph that from that date, non-authorized entities “will not be allowed to operate within the EU” and should implement wind-down and client migration plans rather than rely on open-ended transitional status while awaiting a decision. The deadline could force some crypto firms to suspend EU operations while their applications remain under review, potentially affecting millions of users who continue to engage with platforms that are not yet authorized under MiCA. Read more -
Cointelegraph.com - 16:00 Jun 03, 2026
The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets. A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing. Key takeaways: On Tuesday, the trader known as “loracle.hl” finally closed his HYPE short, locking in a $46.46 million loss, according to data resource HyperBot. Read more -
Cointelegraph.com - 15:32 Jun 03, 2026
Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk. Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source: Cointelegraph/TradingView Read more -
Cointelegraph.com - 15:05 Jun 03, 2026
A Binance legal document disclosed a revenue-sharing agreement with Alpaca, which includes sharing 50% of the stock custodian’s order flow revenue with the cryptocurrency exchange. Binance disclosed a revenue-sharing arrangement with custodian and brokerage infrastructure API provider Alpaca, which has become a major infrastructure provider in the custody of tokenized US stocks and exchange-traded funds (ETFs). Under Binance Securities Trading Terms published Tuesday, Binance will receive 50% of Alpaca’s payment-for-order-flow fees and 65% of remaining profit from user stock lending after users are paid interest, Binance will receive 50% of Alpaca’s payment-for-order-flow, or PFOF, fees and 65% of profit from user stock lending after the platform pays user interest. Alpaca provides brokerage, clearing and custody infrastructure for Binance’s stock trading product and is also a major infrastructure provider in tokenized US stocks and ETFs. The company raised $150 million at an $1.15 billion valuation for its b... -
Cointelegraph.com - 14:47 Jun 03, 2026
Binance exchange said it will move NFT support from its exchange to its non-custodial wallet and offered users 30 days to migrate their NFTs. Binance announced it is shutting down support for non-fungible tokens on Binance Exchange and moving NFT management to its self-custodial cryptocurrency wallet, Binance Wallet. The exchange said this will offer NFT holders “easier access to Web3 and decentralized features,” according to a Wednesday announcement. NFT Holders have until July 3 to withdraw their transferable NFTs from the platform before they become inaccessible. For non-transferable NFTs that can’t be withdrawn by design, Binance Academy will provide a PDF certificate of course completion. Read more -
Cointelegraph.com - 14:40 Jun 03, 2026
Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks. Retail investors will soon be able to participate in US initial public offerings (IPOs) at the offering price through a new tokenized equities program from Payward Services, a Kraken-affiliated company. In a Wednesday announcement, Payward Services said customers of Kraken and select members of its xStocks Alliance will be able to express interest in US-listed IPOs before companies go public and receive allocations of tokenized shares on listing day. According to the company, the shares will be issued at the IPO offering price and backed 1:1 by the underlying stock held in custody by a regulated entity, allowing eligible retail investors to access allocations that are typically reserved for institutional clients. Read more -
Cointelegraph.com - 14:33 Jun 03, 2026
Zcash Open Development Lab said the network briefly became unstable as miners upgraded, while the Zcash Foundation said there was no evidence of an exploit. Zcash developers temporarily suspended Orchard transactions after discovering a critical vulnerability in the privacy-focused blockchain’s latest shielded pool, then restored functionality through an emergency network upgrade. On Wednesday, the Zcash Foundation said the vulnerability affected Orchard’s zero-knowledge proof circuit and could have allowed invalid state transitions within the pool. However, the Foundation said there was no evidence that the bug was exploited, no unauthorized value creation was detected, and user privacy was not affected. The fix was carried out through a two-step emergency upgrade. Zebra 4.5.3 temporarily disabled Orchard actions, while Zebra 5.0.0 activated the NU6.2 upgrade to re-enable Orchard with a corrected circuit, according to the Foundation. Read more -
Cointelegraph.com - 14:14 Jun 03, 2026
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure. Hardware wallet company Trezor and chipmaker Tropic Square have disclosed a vulnerability in one of the secure elements used in Trezor Safe 7 hardware wallet, saying the flaw does not put user funds at risk because the chip alone cannot expose a wallet. The vulnerability was identified during an independent security audit conducted by Ledger Donjon, the security research team at rival hardware wallet maker Ledger, according to a Trezor statement. Tropic Square provided the affected TROPIC01 Secure Element chip to the Ledger Donjon team for an independent audit. The companies said compromising TROPIC01 alone would not be enough to access a user’s wallet, PIN or funds. Read more -
Cointelegraph.com - 14:00 Jun 03, 2026
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK. The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 captured about 43% of the global non-US dollar stablecoin market, and that its holder count rose from 13,000 to 29,000 wallets between February 2025 and May 2026. The security company described A7A5 as one of the clearest examples of a sanctions-evasion stablecoin ecosystem, linking it to Russian cross-border settlement companies. Read more -
Cointelegraph.com - 13:11 Jun 03, 2026
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout. Update (June 3, 1 pm, UTC): This article has been updated to include a comment from a spokesperson at BingX. The United Kingdom's financial regulator has warned football clubs, including those in the Premier League, to avoid sponsorship deals with unauthorized financial companies amid concerns that fans are being pushed toward risky crypto and trading platforms with no protections. In a Wednesday press release, the Financial Conduct Authority (FCA) said several unauthorized firms, including crypto businesses and online trading platforms, are using football sponsorships to target “unwitting” supporters. Read more -
Cointelegraph.com - 11:48 Jun 03, 2026
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains. Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing. The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks test tokenized dollars for settlement. It follows Mastercard securing a New York BitLicense in May, allowing its US transaction services unit to conduct regulated digital asset business activity in the state. Read more -
Cointelegraph.com - 10:48 Jun 03, 2026
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support. Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war. Key takeaways: Data from TradingView showed new BTC price lows of $65,362 on Bitstamp, the lowest since March 29 as sellers stayed in control. Read more -
Cointelegraph.com - 10:16 Jun 03, 2026
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks. Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Key points: Read more -
Cointelegraph.com - 06:58 Jun 03, 2026
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoins, total volume in circulation and the number of holders. The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. The EBA said on Tuesday that the deal is part of its duties under the Markets in Crypto-Assets (MiCA) Regulation and sets out principles and procedures for exchanging information and coordinating stablecoin supervisory activities, market trends, and risks between New York and the European Union. NYDFS said the deal would “enhance the supervision of entities engaged in stablecoin activities, identify market trends and risks, and promote the integrity of the stablecoin market.” Read more -
Cointelegraph.com - 06:18 Jun 03, 2026
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday. Read more -
Cointelegraph.com - 06:12 Jun 03, 2026
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February. The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system. The Treasury said on Tuesday that it added crypto exchanges Wallex, Bitpin and Ramzinex to the Office of Foreign Assets Control’s sanction list, prohibiting US businesses and persons from providing services to those platforms. “While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country,” said Treasury Secretary Scott Bessent. Read more
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