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Found 405 news

  • Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys
    CryptoSlate - 00:00 Jun 12, 2025
    Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of […] The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys appeared first on CryptoSlate.
    Tags: Bitwise Bitcoin
  • GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions
    CryptoSlate - 22:30 Jun 11, 2025
    GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the […] The post GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions appeared first on CryptoSlate.
    Tags: GameStop Bitcoin
  • Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
    CryptoSlate - 21:33 Jun 11, 2025
    Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank […] The post Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act appeared first on CryptoSlate.
    Tags: Senate Bank America Genius
  • Bitcoin dips as Trump finalizes tariff deals with China
    CryptoSlate - 20:44 Jun 11, 2025
    Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US […] The post Bitcoin dips as Trump finalizes tariff deals with China appeared first on CryptoSlate.
    Tags: China Bitcoin Trump
  • Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage
    CryptoSlate - 20:10 Jun 11, 2025
    The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock […] The post Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage appeared first on CryptoSlate.
    Tags: Senate Genius
  • World Chain and Circle join forces to strengthen identity-driven finance with native USDC
    CryptoSlate - 19:00 Jun 11, 2025
    World Chain has integrated native USD Coin (USDC) and Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2), marking a significant partnership between the biometric identity blockchain and one of the largest regulated stablecoin issuers in the world. The upgrade replaces bridged USDC with native issuance on World Chain, while retaining the same smart contract address, allowing […] The post World Chain and Circle join forces to strengthen identity-driven finance with native USDC appeared first on CryptoSlate.
    Tags: Circle World Chain USDC
  • Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition
    CryptoSlate - 18:15 Jun 11, 2025
    Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial […] The post Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition appeared first on CryptoSlate.
    Tags: Fetch AI-driven Interactive Strength
  • Bitcoin hashrate up 40% this year as miners keep scaling
    CryptoSlate - 17:45 Jun 11, 2025
    Bitcoin’s network difficulty remains pinned at a record 127 T following its most recent adjustment on May 31, yet the underlying hashrate continues to push higher. As of June 10, the average seven-day hashrate is roughly 901 EH/s, with several daily prints brushing against 920 EH/s. This suggests a persistent mismatch between the protocol’s two-week […] The post Bitcoin hashrate up 40% this year as miners keep scaling appeared first on CryptoSlate.
    Tags: Bitcoin
  • Ethereum open interest hits all-time high as price rises to 4-month high
    CryptoSlate - 17:00 Jun 11, 2025
    Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February. The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move. On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, […] The post Ethereum open interest hits all-time high as price rises to 4-month high appeared first on CryptoSlate.
    Tags: Ethereum
  • Polygon’s governance revamp to focus on stablecoin payments and AggLayer
    CryptoSlate - 16:00 Jun 11, 2025
    Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […] The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on CryptoSlate.
    Tags: Polygon AggLayer
  • Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment
    CryptoSlate - 22:00 Jun 10, 2025
    On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 […] The post Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment appeared first on CryptoSlate.
    Tags: Bitcoin
  • Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges
    CryptoSlate - 21:15 Jun 10, 2025
    The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The […] The post Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges appeared first on CryptoSlate.
    Tags: Ethereum Foundation
  • SEC reportedly fast-tracks Solana ETFs: potential approval arrives within 5 weeks
    CryptoSlate - 20:28 Jun 10, 2025
    The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions. The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. […] The post SEC reportedly fast-tracks Solana ETFs: potential approval arrives within 5 weeks appeared first on CryptoSlate.
    Tags: Solana ETFs
  • Fortune 500 blockchain adoption hits 60% as institutions inject $50B into crypto funds in Q1
    CryptoSlate - 19:16 Jun 10, 2025
    Fortune 500 companies and global asset managers continued to expand blockchain activity and allocations during the first half of 2025, according to Coinbase’s latest State of Crypto report. Six in ten Fortune 500 executives say their firms run on-chain initiatives, and the average number of projects per company jumped to 9.7 from 5.8 year on […] The post Fortune 500 blockchain adoption hits 60% as institutions inject $50B into crypto funds in Q1 appeared first on CryptoSlate.
    Tags: Fortune
  • Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions
    CryptoSlate - 18:12 Jun 10, 2025
    The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a […] The post Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions appeared first on CryptoSlate.
    Tags: Bitcoin Blockchain Group
  • Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance
    CryptoSlate - 17:30 Jun 10, 2025
    Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully […] The post Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance appeared first on CryptoSlate.
    Tags: Guggenheim Ripple XRPL
  • Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals
    CryptoSlate - 16:14 Jun 10, 2025
    Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […] The post Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals appeared first on CryptoSlate.
    Tags: Bitcoin Alby
  • 80% of CME crypto futures expire by August
    CryptoSlate - 14:34 Jun 10, 2025
    CME’s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market […] The post 80% of CME crypto futures expire by August appeared first on CryptoSlate.
    Tags: August
  • Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem
    CryptoSlate - 12:41 Jun 10, 2025
    Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […] The post Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem appeared first on CryptoSlate.
    Tags: DeFi Cardinal Bitcoin Cardano
  • Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge
    CryptoSlate - 12:38 Jun 10, 2025
    Staked ETH has reached a new all-time high of 34,824,875 ETH. The total represents 28.15% of the Ethereum supply now locked in staking contracts. The validator count stands at 1,088,277, and staking activity is pushing upward after a period of consolidation and a brief decline earlier in the month. Lido remains the leading staking entity, […] The post Staked ETH hits new all-time high, capturing 28% of total Ethereum supply amid 9% price surge appeared first on CryptoSlate.
    Tags: Ethereum Staked

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