CryptoSlate

Found 285 news

  • Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
    CryptoSlate - 02:00 Jun 07, 2025
    Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the […] The post Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale appeared first on CryptoSlate.
    Tags: Song
  • Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
    CryptoSlate - 01:07 Jun 07, 2025
    President Donald Trump and Elon Musk’s fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading activity generating over $355 million in volume over the past 24 hours, according to DEX Screener data. As traders seized on the pair’s high-profile social media clash using Solana’s ecosystem, Official Trump (TRUMP) […] The post Trump–Musk feud becomes memecoin meta, leads to surge in trading volume appeared first on CryptoSlate.
  • Eric Trump says WLFI will acquire TRUMP for treasury, unofficial wallet project nixed
    CryptoSlate - 23:20 Jun 06, 2025
    Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin. He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development. Wallet project nixed The announcement comes […] The post Eric Trump says WLFI will acquire TRUMP for treasury, unofficial wallet project nixed appeared first on CryptoSlate.
  • Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B
    CryptoSlate - 22:17 Jun 06, 2025
    Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers. According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3 […] The post Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B appeared first on CryptoSlate.
  • Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto
    CryptoSlate - 20:32 Jun 06, 2025
    US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve marks a critical shift in the regulatory approach toward digital assets. According to Lummis, the appointment is a “turning point” for crypto policy, and she expects a “brighter future” for the industry ahead. The Senate […] The post Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto appeared first on CryptoSlate.
  • Stalling first-mover advantage: VanEck, 21Shares, Canary press SEC to restore first-to-file ETF review order
    CryptoSlate - 19:23 Jun 06, 2025
    VanEck, 21Shares, and Canary Capital requested on June 5 that the US Securities and Exchange Commission (SEC) reinstate the queue-based review system that awards exchange-traded product approvals in the order issuers filed.  In a joint letter to Chair Paul Atkins, the firms said concurrent approvals strip early filers of the advantage that traditionally offsets higher […] The post Stalling first-mover advantage: VanEck, 21Shares, Canary press SEC to restore first-to-file ETF review order appeared first on CryptoSlate.
  • Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124
    CryptoSlate - 18:30 Jun 06, 2025
    Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement.  The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their […] The post Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124 appeared first on CryptoSlate.
  • X and Polymarket partner up to bring decentralized prediction markets to social media
    CryptoSlate - 17:41 Jun 06, 2025
    Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk. The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes. Polymarket celebrated the partnership […] The post X and Polymarket partner up to bring decentralized prediction markets to social media appeared first on CryptoSlate.
  • Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity
    CryptoSlate - 15:00 Jun 06, 2025
    Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities. Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including […] The post Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity appeared first on CryptoSlate.
  • Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction
    CryptoSlate - 14:10 Jun 06, 2025
    Institutional allocations to spot Bitcoin ETFs declined for the first time since their introduction, according to Q1 2025 13F filings. However, corporate Bitcoin ownership shows little sign of declining overall. The data marks a shift from the strong initial inflows that followed the funds’ January 2024 launch, as hedge funds reduced exposure and the futures-based […] The post Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction appeared first on CryptoSlate.
  • Profit-taking, not capitulation: institutions cut Bitcoin ETF exposure by 23% in Q1
    CryptoSlate - 23:00 Jun 05, 2025
    Institutional investors cut Bitcoin (BTC) allocations in US-based spot exchange-traded funds (ETFs) during the first quarter after hedging profits waned and futures premiums compressed, a June 5 CoinShares report showed. The report assessed 13-F filings from asset managers with at least $100 million in assets under management. These investors reported $21.2 billion in Bitcoin ETF […] The post Profit-taking, not capitulation: institutions cut Bitcoin ETF exposure by 23% in Q1 appeared first on CryptoSlate.
  • Bitcoin bulls must guard key $95.6k support as veteran holders cash in on gains
    CryptoSlate - 22:15 Jun 05, 2025
    Bitcoin (BTC) is suffering pressure from veteran holders securing gains and must hold the key $95,600 support level to remain bullish if it breaks below six-figures, according to a June 5 report by Glassnode. The report highlighted that after breaking below $103,700, the next major level of support is the psychological price level of $100,000 […] The post Bitcoin bulls must guard key $95.6k support as veteran holders cash in on gains appeared first on CryptoSlate.
    Tags: Bitcoin
  • WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’
    CryptoSlate - 21:22 Jun 05, 2025
    World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump and members of his family, has issued a cease-and-desist letter to the creators of a newly announced Trump-branded crypto wallet, Bloomberg News reported on June 5, citing a person familiar with the matter. The letter, reportedly sent to Fight Fight Fight LLC, the […] The post WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’ appeared first on CryptoSlate.
  • Uber eyes stablecoins for faster settlements, lower FX costs for global operations
    CryptoSlate - 20:43 Jun 05, 2025
    Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins […] The post Uber eyes stablecoins for faster settlements, lower FX costs for global operations appeared first on CryptoSlate.
    Tags: Uber
  • Bitcoin dives below $102k amid fading momentum and macro uncertainty
    CryptoSlate - 20:09 Jun 05, 2025
    Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions. The world’s largest cryptocurrency touched a low of $101,500 before stabilizing […] The post Bitcoin dives below $102k amid fading momentum and macro uncertainty appeared first on CryptoSlate.
    Tags: Bitcoin
  • Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts
    CryptoSlate - 19:11 Jun 05, 2025
    Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million […] The post Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts appeared first on CryptoSlate.
    Tags: Circle
  • Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze
    CryptoSlate - 18:29 Jun 05, 2025
    Anthropic CEO Dario Amodei urged US lawmakers to write transparency rules for artificial intelligence companies instead of granting a decade-long freeze on state regulation proposed in President Donald Trump’s technology bill. In a June 5 guest essay in The New York Times, Amodei described an internal evaluation in which Anthropic’s newest model threatened to expose […] The post Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze appeared first on CryptoSlate.
  • Coinbase data breach spills offline as victims get scam mail
    CryptoSlate - 17:47 Jun 05, 2025
    The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance a credit protection scam. The Block founder Mike Dudas sounded the alarm in a social media post on June 5, warning that he received a […] The post Coinbase data breach spills offline as victims get scam mail appeared first on CryptoSlate.
    Tags: Coinbase
  • VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security
    CryptoSlate - 16:00 Jun 05, 2025
    VerifiedX, the pioneering decentralized Layer 1 blockchain protocol, has officially launched Vault Accounts, a groundbreaking on-chain custody solution that redefines crypto security and user control — particularly for Bitcoin holders. Unlike traditional custodial wallets or smart contract-based solutions, Vault Accounts are fully native to the VerifiedX network, offering an unmatched suite of features including time-locked […] The post VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security appeared first on CryptoSlate.
  • Circle makes Wall Street debut as first major stablecoin issuer on NYSE
    CryptoSlate - 15:27 Jun 05, 2025
    Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy […] The post Circle makes Wall Street debut as first major stablecoin issuer on NYSE appeared first on CryptoSlate.

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