Standard Chartered sees Bitcoin bottom after sell-off
Bitcoin fell sharply over seven days as institutional outflows, leveraged liquidations, geopolitical pressure, and a surprise sale by Strategy weighed on digital asset markets.
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Bitcoin fell sharply over seven days as institutional outflows, leveraged liquidations, geopolitical pressure, and a surprise sale by Strategy weighed on digital asset markets.
Solana moved closer to a key support area after a sharp weekly decline placed fresh pressure on the token.
Bitcoin slid to its lowest level since January, falling to around $63,300 as broad selling pressure intensified and investors reassessed expectations for a recovery in the cryptocurrency market.
California cryptocurrency businessman Adam Iza, known online as “The Godfather,” has pleaded guilty to his role in a kidnapping conspiracy linked to a stolen bitcoin fortune valued at approximately $245 million.
Canadian billionaire investor Frank Giustra has criticised Ark Invest chief executive Cathie Wood over her prediction that bitcoin could reach as much as $1.5 million by 2030, calling her market commentary “embarrassing”.
Worldcoin's WLD token could climb to as much as $5 in the coming months as investors search for ways to gain exposure to the rapidly expanding artificial intelligence sector, according to Arthur Hayes-backed investment firm Maelstrom.
Mastercard is expanding its settlement capabilities to allow issuers and acquirers to settle selected card transactions using regulated stablecoins, deepening the integration of digital assets into traditional payment networks.
Nine Democratic members of the US House of Representatives have called on the Federal Trade Commission to investigate whether prediction market operators are using contradictory messaging when dealing with consumers and regulators.
Trezor and chipmaker Tropic Square disclosed a vulnerability in the TROPIC01 secure element used in the Trezor Safe 7 hardware wallet, saying the flaw does not compromise user funds because the chip alone cannot provide access to wallets or private assets.
A quantum computer powerful enough to break Bitcoin’s cryptography would be unlikely to profit from stealing the asset because the market would collapse before any fraudulent transaction could be completed, according to a report from Swiss digital asset custody firm Taurus.
Coinbase froze more than $3 million in cryptocurrency linked to cyber-enabled scam networks in Southeast Asia as part of a coordinated international enforcement operation targeting fraud schemes affecting Americans.
SEC Commissioner Hester Peirce said securities laws should not automatically extend to blockchain networks, open-source code, or noncustodial software, framing crypto regulation as a question of where oversight boundaries should be drawn.
Law professors preferred answers generated by artificial intelligence over responses written by fellow academics in a Stanford University-led study examining how large language models perform on legal reasoning tasks.
XRP fell 5.19% over the past 24 hours on June 3, dropping to around $1.16 as heavy selling pressure pushed the token towards the lower end of its recent trading range.
A coalition of 160 former national security, intelligence and law enforcement professionals has urged the US Senate to advance the Digital Asset Market Clarity Act, arguing that clear cryptocurrency regulation is essential to national security and law enforcement efforts.
The UK Financial Conduct Authority has warned football clubs, including Premier League teams, to avoid sponsorship agreements with unauthorised crypto and financial services firms that may be targeting supporters with high-risk products.
The US Commodity Futures Trading Commission has rescinded a long-standing policy that required defendants settling enforcement actions to refrain from publicly denying the agency’s allegations.
JPMorgan Chase Chief Executive Officer Jamie Dimon praised the growth and execution speed of digital banking platform Revolut while simultaneously criticising proposed US crypto legislation that could benefit stablecoin issuers and digital asset firms.
Ripple has expanded its USD-backed stablecoin RLUSD into Turkey through partnerships with Bilira, Bitexen and Bitlo, targeting one of the world's most active cryptocurrency markets.
Tether and Fasset have launched a gold-backed Visa card that allows users to spend fiat currencies while earning rewards in Tether Gold (XAUT), as the companies seek to expand real-world use cases for tokenised precious metals.
Binance will discontinue support for non-fungible tokens on its exchange and transition NFT management to its self-custodial Binance Wallet as the company streamlines its Web3 product offering.
Binance has disclosed a revenue-sharing arrangement with brokerage and custody infrastructure provider Alpaca, revealing how the cryptocurrency exchange generates income from its growing stock and exchange-traded fund trading business.
Crypto firms without authorisation under the European Union’s Markets in Crypto-Assets (MiCA) regime must stop serving EU clients from July 1, according to the European Securities and Markets Authority (ESMA), even if their licence applications are still being reviewed.
Wyoming Governor Mark Gordon has signed an executive order establishing a framework to support AI data centres and advanced computing facilities as the state seeks to attract technology investment and capitalise on growing demand for computing power.
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