Solana nears key support as analysts watch recovery range
Solana moved closer to a key support area after a sharp weekly decline placed fresh pressure on the token.
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.
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.
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.
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.