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Showing posts from June, 2025

Polymarket, Elon Musk’s X Announce Prediction Market Partnership #Bitcoin https://ift.tt/i0Ah7U1

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Polymarket has partnered with Elon Musk’s xAI to enable data sharing between their platforms, integrating the prediction marketplace with Grok AI and X content. Grok AI to Contextualize Prediction Markets The partnership, announced on June 6, 2025, connects Polymarket’s prediction markets with xAI’s technology. Grok, xAI’s AI system, will analyze real-time posts from X to […] from Bitcoin News https://ift.tt/fT40Z3W via IFTTT

Gemini Files for IPO, Eyes Public Listing Amid Growing Crypto Momentum #Bitcoin https://ift.tt/i0Ah7U1

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Cryptocurrency exchange Gemini has taken a major step toward going public after submitting a document to kick-start the initial public offering (IPO) process. According to a June 6 statement, the company has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC). While details such as the number […] from Bitcoin News https://ift.tt/dpTNEg7 via IFTTT

UK Financial Watchdog Proposes Lifting Ban on Crypto ETNs for Retail Investors #Bitcoin https://ift.tt/i0Ah7U1

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The U.K. Financial Conduct Authority has proposed lifting a ban on offering crypto exchange-traded notes to retail traders. Normal Financial Promotion Rules to Apply The U.K. financial watchdog, the Financial Conduct Authority (FCA), has proposed lifting a ban on offering crypto exchange-traded notes (ETNs) to retail traders. If adopted, the proposal would allow pave the […] from Bitcoin News https://ift.tt/JKA6cwH via IFTTT

Report Claims ‘Infighting,’ Cease-and-Desist Hits Trump-Linked Crypto Project After Wallet Reveal #Bitcoin https://ift.tt/MqC31DK

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Bloomberg reports that World Liberty Financial, a company tied to Trump, has fired off a cease-and-desist letter to Fight Fight Fight—another Trump-linked business outfit—over the escalating drama surrounding the Trump Wallet debacle. Trump-Backed Financial Firm Targets So-Called Trump Wallet Project With Cease-and-Desist Two days ago, the NFT marketplace Magic Eden teamed up with Fight Fight […] from Bitcoin News https://ift.tt/PjQxsCV via IFTTT

Circle’s NYSE Breakout Turns Heads—and Heats up Crypto Finance #Bitcoin https://ift.tt/MqC31DK

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Stablecoin issuer Circle Internet Financial saw its stock take off on its first day of trading, leaping from an initial price of $31 to an intraday peak of $94.84. By 3 p.m. Eastern time, the CRCL ticker was up more than 158%, cruising at $80.19. Wall Street Just Got a Straight Dose of Stablecoin Hype, […] from Bitcoin News https://ift.tt/Hm8FMRa via IFTTT

Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’ #Bitcoin https://ift.tt/MqC31DK

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Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms […] from Bitcoin News https://ift.tt/4EXyeZw via IFTTT

K-Pop Goes Bitcoin—Nasdaq-Listed K Wave Media to Add Bitcoin to Its Balance Sheet #Bitcoin https://ift.tt/0uVYcZ9

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K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced the securities purchase agreement with Bitcoin Strategic Reserve KWM […] from Bitcoin News https://ift.tt/uR64iH8 via IFTTT

Galaxy Report: Crypto Lending Dips Slightly, Bitcoin Treasuries, Futures Drive New Leverage #Bitcoin https://ift.tt/0uVYcZ9

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Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy Digital’s latest study written by research analyst Zack Pokorny notes that […] from Bitcoin News https://ift.tt/uLDzf5O via IFTTT

JPMorgan to Accept Bitcoin ETFs as Collateral Globally #Bitcoin https://ift.tt/0uVYcZ9

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JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on […] from Bitcoin News https://ift.tt/LhsQKld via IFTTT

Bitcoin Trades Sideways After Trump Calls Out Powell, Again #Bitcoin https://ift.tt/0uVYcZ9

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U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhat […] from Bitcoin News https://ift.tt/ftUM6Zh via IFTTT

Willy Woo Predicts Bitcoin Market Cap Will Reach Global GDP Levels #Bitcoin https://ift.tt/VDnAgKh

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Willy Woo, a bitcoin analyst, has given an exceedingly bullish prediction for the price of bitcoin. Woo stated that due to bitcoin’s traits, its market cap has the potential to reach and even surpass global GDP figures in the next two decades. Willy Woo Predicts Bitcoin Market Cap to Exceed Global GDP While individual investors […] from Bitcoin News https://ift.tt/A5RPyIa via IFTTT

Report: Coinbase Knew of Data Leak Months Before $400M Breach #Bitcoin https://ift.tt/VDnAgKh

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Coinbase was informed of a customer data leak at its outsourcing partner, Taskus, some four months before a significant breach that is expected to cost the company $400 million. Breach Causes 200 Employees to Lose Jobs? U.S. cryptocurrency exchange Coinbase was made aware of a customer data leak at one of its outsourcing companies four […] from Bitcoin News https://ift.tt/D7udVMy via IFTTT

Trump Sons Disown Crypto Wallet Tied to Their Name #Bitcoin https://ift.tt/VDnAgKh

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A crypto wallet marketed under the Trump name is drawing scrutiny after Donald Trump Jr. and Eric Trump publicly distanced themselves from the project, raising questions about the legitimacy of the offering and its connections to the Trump brand. Donald Trump Jr. and Eric Trump Say ‘We Know Nothing’ About Trump Wallet Originally promoted on […] from Bitcoin News https://ift.tt/Ol9Bz0g via IFTTT

PSG Fan Token Surges 18% After French Club’s Champions League Victory #Bitcoin https://ift.tt/CxfsiBM

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The fan token of French football club Paris Saint-Germain (PSG) surged over 18%, rising from $1.98 to $2.34, following its impressive 5-0 victory against Inter Milan. This increase came after a significant decline of 28.5% in the token’s value from May 30 to June 1. PSG Adds Bitcoin to Its Treasury On June 2, the […] from Bitcoin News https://ift.tt/RC0aKqn via IFTTT

Publicly-Traded Firm BTCS Increases Ethereum Position to 13,500 ETH  #Bitcoin https://ift.tt/CxfsiBM

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Blockchain technology company BTCS Inc. acquired an additional 1,000 ethereum ( ETH) for approximately $2.63 million, expanding its holdings significantly. BTCS Expands Ethereum Holdings to 13,500 ETH With New Purchase The purchase, announced Monday, was executed primarily using the Crypto.com Exchange, the platform’s institutional-grade service. According to the announcement shared with Bitcoin.com News, the ether […] from Bitcoin News https://ift.tt/2RD9Mmr via IFTTT

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche #Bitcoin https://ift.tt/CxfsiBM

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Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of […] from Bitcoin News https://ift.tt/acnp4Cz via IFTTT

943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold #Bitcoin https://ift.tt/k7OmruA

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With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a peak of 943 exahash per second (EH/s). Bitcoin Nears Zettahash Milestone Bitcoin’s global hashrate has reached a fresh pinnacle, with data reflecting a high of 943 EH/s based on the rolling seven-day simple moving average […] from Bitcoin News https://ift.tt/kHhAwYI via IFTTT

Did You Order Price Discovery? #Bitcoin https://ift.tt/k7OmruA

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Last week bitcoin hit a new all-time high on Bitcoin Pizza Day. Euphoria ensued, but despite the party atmosphere online, key metrics suggest the exuberant feelings may be grounded in more than just vibes. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the […] from Bitcoin News https://ift.tt/XzOUI3C via IFTTT

France Charges 25 Over Violent Crypto Attacks Linked to Kidnapping Plots #Bitcoin https://ift.tt/k7OmruA

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France unleashes sweeping charges against 25 suspects in violent crypto kidnapping plots, signaling a dangerous new frontier as digital wealth draws brutal real-world attacks. France Confirms 25 Arrests as Crypto Moguls Face Growing Street Threat French prosecutors said on Saturday that 25 individuals, including six minors, have been charged in connection with a wave of […] from Bitcoin News https://ift.tt/tV27veB via IFTTT

Tim Draper: US Dollar Going Extinct—Bitcoin Set to Dominate Retail #Bitcoin https://ift.tt/k7OmruA

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Tim Draper warns of the U.S. dollar’s impending collapse as bitcoin accelerates toward total transactional dominance. Tim Draper Declares the US Dollar Going Extinct—Bitcoin Set to Dominate Transactions Venture capitalist Tim Draper issued a stark warning about the future of fiat currency on May 31 on social media platform X, weighing in on a growing […] from Bitcoin News https://ift.tt/v39RtOi via IFTTT

IMF Alarmed as Pakistan Declares Bold Bitcoin Reserve #Bitcoin https://ift.tt/DuLgV9T

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Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the establishment of a national bitcoin reserve and a digital asset authority during the Bitcoin Vegas 2025 conference, unveiling plans to allocate 2,000 […] from Bitcoin News https://ift.tt/tqHh9WJ via IFTTT

5 US States Keep Attacking Coinbase Despite SEC Shift #Bitcoin https://ift.tt/DuLgV9T

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Five U.S. states refuse to budge as Coinbase escalates its defense, defying SEC guidance and a dropped federal lawsuit that challenged staking’s status, fueling national controversy. 5 US States Won’t Budge on Coinbase Lawsuits After SEC Drops Staking Case, Releases Guidance Following guidance from the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance […] from Bitcoin News https://ift.tt/jVKnq2A via IFTTT

Bitcoin’s Sentiment Meter Crashes From ‘Extreme Greed’ to ‘Neutral’ #Bitcoin https://ift.tt/DuLgV9T

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Over the past week, bitcoin slid from $109,000 to its present level of $104,500, and the Crypto Fear and Greed Index has shifted accordingly—easing from a “greed” rating to a more tempered “neutral” this weekend. $112K Then What? Bitcoin Slides as Fear and Greed Gauge Resets It’s been a whirlwind in the crypto realm as […] from Bitcoin News https://ift.tt/1xMbfNr via IFTTT

Ethereum and Solana Staking ETFs Move Closer to US Listing #Bitcoin https://ift.tt/DuLgV9T

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Rex Shares has filed an effective prospectus with the U.S. Securities and Exchange Commission (SEC) for its solana ( SOL) and ethereum ( ETH) staking exchange-traded funds (ETFs). Rex Shares’ Unique ETF Structure Paves the Way for Crypto Staking Funds The ETFs, named the Rex-Osprey ETH + Staking ETF (ticker: ESK) and the Rex-Osprey SOL […] from Bitcoin News https://ift.tt/FVWaqNg via IFTTT