Crypto Breaking News

Bitcoin (CRYPTO:BTC) rose about 2% after the United States and Iran agreed to halt military strikes and restart talks over tensions in the Middle East, lifting the cryptocurrency from a 24-hour low of US$58,856 to above US$60,000.

Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. Bloomberg Opinion's Rosa Prince has a preview of the speech. Her views are her own.

Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving concerns from Donald Trump's administration about the technology's potential threats to national security. Bloomberg's Neil Campling reports.

South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix Inc. initiating large-scale investments in memory chips, data centers and robotics. Samsung and SK Hynix leaders sat next to President Lee Jae Myung at a briefing, and are expected to give more details of their future investment plans. Bloomberg's Cat Barton reports from Seoul.

Solstice (CRYPTO:SLX) recorded approximately US$150.1 million in combined 24-hour trading volume on South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, making it the most actively traded altcoin across the two platforms.

Gavin Xia, Co-Founder and CEO of Alebund Pharmaceuticals, speaks exclusively to Minmin Low about the Chinese biotech firm's product pipeline and strategies in domestic and overseas markets.

Loopring (CRYPTO:LRC) has shut down its decentralised exchange and automated market maker after saying weak adoption, limited business development and newer zero-knowledge rollup technologies made the platform no longer viable.

Chinese optical module developer Crealights will break even as soon as this year due to strong demand. The company's CEO, Hu Zhaoyang, speaks to Minmin Low after its shares began trading in Hong Kong.

The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.

Dubai's Virtual Assets Regulatory Authority (VARA) approved its 50th virtual asset service provider licence by authorising Tribe Tokenisation FZE, marking another step in the expansion of the emirate's regulated digital asset sector.

Privacy-focused blockchain networks are attracting increased regulatory attention as stablecoin issuers confront technical challenges in complying with court-ordered asset freezes without disrupting legitimate users.

The stablecoin market has contracted by approximately US$9.45 billion since May 8, reducing the amount of capital available to support cryptocurrency trading as investors continue withdrawing funds from digital asset markets.