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  • Strategy's Michael Saylor signals impending Bitcoin purchase
    Cointelegraph.com - 19:08 Jun 01, 2025
    According to data from SaylorTracker, Strategy's BTC investment is up over 50%, representing unrealized capital gains of over $20 billion. Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC acquisition by the company, marking week eight of consecutive purchases by the company during this latest buying stint. "Orange is my preferred color," Saylor wrote to his 4.4 million followers on X — a number that has been steadily growing over the past two years as the Strategy co-founder commands increased media attention due to the company's corporate treasury plan. The company's most recent Bitcoin acquisition on May 26 of 4,020 BTC, valued at roughly $427 million at the time of purchase, brought Strategy's total holdings to 580,250 BTC. Read more
  • TON blockchain network back online after brief outage
    Cointelegraph.com - 17:07 Jun 01, 2025
    Representatives for The Open Network (TON) said the outage was caused by an error in the masterchain dispatch queue and was resolved. The Open Network (TON), an independent layer-1 blockchain that has a symbiotic relationship with the Telegram messaging platform, experienced a brief outage that halted block production on June 1 before functionality was restored. TON’s development team announced the issue at 12:51:00 UTC and restored network functionality approximately 40 minutes after the outage was identified. TON developers wrote in an update: The team also assured users that no funds were affected by the outage and that transactions submitted during the downtime were not at risk of loss. Read more
  • Bitcoin could consolidate, but ETH, HYPE, TAO and QNT may resume their up move
    Cointelegraph.com - 16:34 Jun 01, 2025
    Bitcoin’s rise above $105,000 could improve sentiment, triggering a rally in ETH, HYPE, TAO, and QNT. Key points: Bitcoin remains stuck below $105,000 during the weekend, but the downside looks limited. Any relief rally in Bitcoin is likely to propel ETH, HYPE, TAO, and QNT higher. Read more
  • Bitcoin traders target $100K and under as monthly close seals 11% gain
    Cointelegraph.com - 16:00 Jun 01, 2025
    Bitcoin traders eye the weekly close for cues as to where BTC price action may be headed next — but sub-$100,000 levels are already on their radar. Key points: Bitcoin RSI data forms a bearish divergence, getting traders in position for lower levels next. The May monthly candle close seals 11% gains, but the weekly close is the event on the radar for market participants. Read more
    Tags: Bitcoin
  • The machine economy has arrived and bots have wallets
    Cointelegraph.com - 15:00 Jun 01, 2025
    Autonomous delivery robots are no longer just couriers. They’re economic actors with their own wallets, negotiating, earning and spending in real time. Bots have evolved from tools into agents, economic participants in their own right. Opinion by: Paige Xu, chief operating officer of OpenMind We all love an Uber Eats moment. You tap your phone, and a burrito is en route. But what if, this time, no human driver is weaving through traffic to deliver it? Instead, a sidewalk robot hums along the pavement, guided by sensors and AI, or an autonomous car with a humanoid delivers it to your door, solving the last-mile problem. The beauty of this experience lies in what you don’t see. Read more
  • Czech justice minister resigns over $45M Bitcoin gift from convict
    Cointelegraph.com - 11:25 Jun 01, 2025
    Czech Justice Minister Pavel Blazek resigned following backlash over his ministry’s sale of Bitcoin donated by a convicted criminal. Czech Justice Minister Pavel Blazek has stepped down following a scandal over his ministry’s sale of nearly $45 million worth of Bitcoin donated by a convicted drug trafficker. The controversy erupted on May 28 after the ministry posted on X that it had raised close to 1 billion Czech koruna (approximately $45 million) by auctioning off nearly 500 Bitcoin (BTC). The funds were earmarked for projects such as digitizing the justice system, combating drug use in prisons, and improving housing for prison staff. Read more
  • France charges 25 over crypto kidnapping spree in Paris
    Cointelegraph.com - 09:11 Jun 01, 2025
    French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large. French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector. The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent crypto figures and their families, Le Monde reported, citing an announcement from the Paris public prosecutor’s office on May 31. Per the report, 18 suspects are now in pre-trial detention, three have requested a deferred hearing, and four remain under judicial supervision. Read more
    Tags: Paris
  • Crypto crooks targeted $244M in May, hack losses down 40% — PeckShield
    Cointelegraph.com - 07:19 Jun 01, 2025
    According to PeckShield, 20 major crypto hacks were reported in May, resulting in total losses of $244.1 million. In May, the total amount stolen from crypto hacks declined drastically compared to April, with the largest incident making up around 90% of the month’s total, according to a blockchain security firm. The decline comes as the crypto industry has been stepping up its efforts to stay ahead of hackers. “In May 2025, ~20 major crypto hacks were recorded, resulting in total losses of $244.1M — a 39.29% decrease from April,” blockchain security firm PeckShield said in a May 31 X post. The most significant hack of the month occurred on the Cetus decentralized exchange on May 22, with $223 million in user losses within 24 hours. Read more
  • Silk Road founder’s belongings fetch $1.8M in Bitcoin auction
    Cointelegraph.com - 06:45 Jun 01, 2025
    Ross Ulbricht’s auction of personal belongings fetched more than $1.8M in Bitcoin, with standout items like his prison ID card and artwork drawing top bids. An auction of personal belongings from Silk Road founder Ross Ulbricht has brought in more than $1.8 million worth of Bitcoin as collectors vied for pieces of crypto history. Ulbricht, who was pardoned by former President Donald Trump earlier this year, offered a range of items through Bitcoin-only marketplace Scarce City. The collection included personal effects from before his 2013 arrest — such as a sleeping bag, backpack, and drum — as well as prison memorabilia like a lock, notebook, clothing, and several paintings created while incarcerated. Read more
  • Michael Saylor pitches Rogan on Bitcoin chat: ‘Let’s talk BTC’
    Cointelegraph.com - 04:03 Jun 01, 2025
    An appearance from Michael Saylor on The Joe Rogan Experience would “shatter the internet,” according to a Bitcoiner. Strategy co-founder Michael Saylor has publicly expressed interest in discussing Bitcoin with podcaster Joe Rogan on the world’s most-listened-to podcast, The Joe Rogan Experience (JRE). “Hey @joerogan, let’s talk about Bitcoin,” Saylor said in a May 31 X post in response to a Joe Rogan fan account asking, “Who’s one guest you’d love to see Joe Rogan interview that he hasn’t had on yet?” Saylor’s post prompted speculation within the Bitcoin (BTC) community. Popular Bitcoiner, The Bitcoin Therapist, said, “This interview will shatter the internet.” Read more
  • Bitcoin $200K ‘obvious’ breakout, GameStop’s first BTC buy: Hodler’s Digest, May 25 – 31
    Cointelegraph.com - 00:01 Jun 01, 2025
    Analysts anticipate a clear breakout for Bitcoin, GameStop makes its first move with the purchase of 4,710 Bitcoins: Hodler’s Digest GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the companys X account. The company did not specify how much it paid for the Bitcoin or when the purchases were made in the announcement, while its Form 8-K filing with the US Securities and Exchange Commission also offers little detail. The amount purchased was worth around $513 million at the time of writing. The announced acquisition is GameStop’s first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March. Read more
  • Bitcoin advocate Max keiser casts doubt over new BTC treasury companies
    Cointelegraph.com - 21:47 May 31, 2025
    Newer Bitcoin treasury companies have not yet been battle-tested in prolonged bear market conditions, the Bitcoin maximalist said. Bitcoin (BTC) maximalist Max Keiser recently cast doubt on the ability of newer Bitcoin treasury companies, emulating the corporate BTC reserve system popularized by Strategy co-founder Michael Saylor, to maintain financial discipline during a protracted bear market. According to the Bitcoin maximalist, Michael Saylor has weathered a previous bear market and continued to accumulate BTC with high conviction, a scenario that newer BTC treasury companies have yet to encounter. Keiser wrote in a May 30 X post: "Strategy is the Bitcoin of BTC treasury plays. Proceed accordingly," Keiser wrote in an earlier X post. Read more
    Tags: Bitcoin
  • SEC says REX-Osprey staked SOL and ETH funds may not qualify as ETFs
    Cointelegraph.com - 19:54 May 31, 2025
    The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds. The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern that both investment vehicles do not qualify as ETFs due to their unique structures. According to a recent report from Bloomberg, the regulators say the c-corp business structure used in the funds, which is incredibly rare for ETFs, conflicts with the 6C-11 rule, colloquially known as "the ETF rule." This regulation legally designates the types of corporate structures appropriate for exchange-traded funds. The SEC wrote in a May 30 letter: "Disclosures in the registration statement regarding the Funds’ status as investment companies may be potentially misleading," the letter continued. Read more
    Tags: ETFs
  • Bitcoin analysts predict $180K to $250K price top in 2025 — Which is most realistic?
    Cointelegraph.com - 19:04 May 31, 2025
    Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025. Key takeaways: • Analysts from VanEck, Fundstrat, and Standard Chartered forecast a 2025 BTC top between $180,000 and $250,000, citing institutional adoption and historical market cycles. • Rising global liquidity and record spot BTC ETF inflows have reinforced Bitcoin analysts’ most bullish price projections. Read more
    Tags: Bitcoin
  • BitMEX uncovers holes in Lazarus Group’s operational security
    Cointelegraph.com - 17:03 May 31, 2025
    The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group’s hacker network. The BitMEX crypto exchange’s security team discovered gaps in the operational security of the Lazarus Group, a North Korean (DPRK) government-sponsored cybercrime network, following a counter-operations probe into the organization, which exposed IP addresses, a database, and tracking algorithms used by the malicious group. Security researchers for the exchange say there is a strong likelihood that at least one hacker accidentally revealed his true IP address, which showed the actual location of the hacker to be in Jiaxing, China. Additionally, the BitMEX researchers say they were also able to gain access to an instance of the Supabase database, a platform for easily deploying databases with simple interfaces for applications, used by the hacking group. Read more
  • BitMEX uncovers holes in Lazarus Group's operational security
    Cointelegraph.com - 17:03 May 31, 2025
    The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group's hacker network. The BitMEX crypto exchange’s security team discovered gaps in the operational security of the Lazarus Group, a North Korean (DPRK) government-sponsored cybercrime network, following a counter-operations probe into the organization, which exposed IP addresses, a database, and tracking algorithms used by the malicious group. Security researchers for the exchange say there is a strong likelihood that at least one hacker accidentally revealed his true IP address, which showed the actual location of the hacker to be in Jiaxing, China. Additionally, the BitMEX researchers say they were also able to gain access to an instance of the Supabase database, a platform for easily deploying databases with simple interfaces for applications, used by the hacking group. Read more
  • Ethereum's 55% rally setup vs. Bitcoin sparks ‘altseason’ hopes
    Cointelegraph.com - 14:38 May 31, 2025
    Analysts say Ethereum’s breakout versus Bitcoin could trigger a 250x altcoin market rally, signaling the start of a 2025 altseason. Key takeaways: Ethereum is forming bullish cup-and-handle and bull flag patterns against Bitcoin, signaling a potential 30–55% upside. Analysts say an ETH/BTC breakout could trigger a major altseason, similar to those in 2017 and 2021. Read more
  • Insurance companies race to cover crypto kidnap and ransom risks
    Cointelegraph.com - 13:26 May 31, 2025
    Crypto executives and investors are turning to kidnap and ransom insurance as violent attacks targeting crypto wealth continue to rise. A wave of violent attacks on cryptocurrency holders is pushing insurers to develop new protections aimed at a growing physical threat: kidnapping for crypto. At least three firms specializing in crypto insurance and security are now preparing tailored kidnap and ransom (K&R) policies for digital asset investors, according to a recent report from NBC News. Rebecca Rubenfeld, chief operating officer of AnchorWatch, said fear of violence was a dominant topic at this week’s Bitcoin Conference in Las Vegas. “They’re tense,” Rubenfeld said. Her firm expects to launch K&R coverage by fall. Read more
  • Bitcoin all-time high, five US states enact crypto laws: May in Charts
    Cointelegraph.com - 13:00 May 31, 2025
    This month, Bitcoin hit $111,000, crypto laws in the United States blazed ahead yet again, and Coinbase joined the S&P 500. May saw bullish momentum in crypto markets as Bitcoin (BTC) reached a new all-time high above $111,000 and Coinbase joined the S&P 500. Markets could breathe a sigh of relief when, on May 12, US President Donald Trump reached a trade deal with China, putting a 90-day hold on tariffs that had markets in a tailspin. The news saw BTC price hit $105,000, a three-month high, before tipping down to $102,000.   On the policy front, five US states enacted new Bitcoin laws. Texas established the long-awaited state Bitcoin reserve. In Alabama, an effort to exempt crypto from certain forms of taxation was indefinitely postponed.  Read more
    Tags: Bitcoin
  • Bitcoin bull run 'might be delayed' as $104.5K weekly close becomes key
    Cointelegraph.com - 10:24 May 31, 2025
    Bitcoin needs to protect old all-time highs from December 2024 during the upcoming weekly candle close, analysis says amid warnings of a "deeper pullback." Key points: Bitcoin is trading back below its recent all-time highs, grilling support at levels it first encountered in late 2024. A “deeper pullback” may result before bulls find the momentum to return to price discovery. Read more
    Tags: Bitcoin

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