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SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech

US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property […] The post SEC Chair Paul Atkins backs DeFi, rejects forced...

Published on: June 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Treasury The Blockchain Group Eyes $342 Million Raise to Buy More BTC

The publicly traded firm aims to amass more Bitcoin for its corporate treasury through an “at-the-market”-type offering, in partnership with a Paris-based asset manager.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Bitcoin chart pattern, return of ‘HODL mode’ point to imminent all-time BTC price high

An uptick in long-term Bitcoin holders and BTC’s start-of-week price break above $108,000 could be a sign that new highs are in order.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Paraguay warns of ‘irregular activity’ after post claiming BTC is legal tender

An X post by Paraguay’s President Santiago Peña claimed the country had recognized Bitcoin as legal tender, but the official government account soon urged users to “dismiss any recently published content.”

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack

The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC.The compromised account displayed an image […] The post Paraguay’s presidency swiftly debunks Bitcoin legal tender...

Published on: June 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Hong Kong to use Chainlink protocol in CBDC pilot project

The study involving Chainlink's Cross-Chain Interoperability Protocol is one of many initiatives exploring use cases for a potential Hong Kong CBDC, or e-HKD.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Media and Semler Scientific Could Be Cheapest Bitcoin Treasury Companies by This Metric

The commonly used mNAV is an insufficient gauge for measuring relative valuations, argues NYDIG's Greg Cipolaro

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

U.S. SEC Chair Says Working on 'Innovation Exemption' for DeFi Platforms

In a final SEC crypto roundtable, the securities watchdog dug into decentralized finance, with Chairman Paul Atkins promising efforts to ease developers' path.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays

The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for stablecoin-related projects.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Paraguay President's X Account Hacked, Shares Bitcoin Scam

Santiago Peña's account said that bitcoin would be made legal tender.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Tether to democratize Bitcoin mining with open-source software debut

Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino. In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to […] The post Tether to democratize Bitcoin mining with open-source software debut appeared first on...

Published on: June 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Justin Sun-Linked BiT Global Drops Coinbase Lawsuit Over Wrapped Bitcoin

Following the case dismissal, Coinbase Chief Legal Officer Paul Grewal said the exchange has "zero plans" to relist Wrapped Bitcoin (WBTC).

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Nasdaq-listed fintech Netcapital acquires crypto native protocol Mixie

Shares of NCPL surged more than 16% on the news of the Mixie acquisition and are up 48% year-to-date.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Argentine President Milei Exonerated in Libra Meme Coin Probe

Milei promoted the Solana-based meme coin in February—and caused a stir.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Red-Hot Circle Already Has Two ETFs Devoted to It in the Works

Shares are up another 9% in volatile action on Monday, now having nearly quadrupled in price since the IPO late last week.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin, Solana Rise as US and China Agree to Trade Talks Ahead of Key Bond Auction

A poorly received 20-year bond auction caused Bitcoin’s price to suddenly drop last month.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Circle Stock Hits New Peak, Up 347% Since IPO as Institutional Interest in CRCL Explodes

Circle stock rockets 347% in three days as institutions pile in, but rate cuts loom as a potential headwind for the stablecoin issuer.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Strategy buys another 1,045 Bitcoin to push its stash to nearly 3% of supply

Strategy has acquired an additional 1,045 Bitcoin (BTC) $110.2 million, according to a June 9 filing with the US Securities and Exchange Commission. The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin. Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands […] The post Strategy buys another 1,045 Bitcoin to push its stash to nearly 3% of...

Published on: June 09, 2025 | Source: CryptoSlate favicon CryptoSlate

BNB Price Climbs in Strong Rebound as Trump-Musk Spat Uncertainty Fades

The rebound comes amid fading uncertainty surrounding a public feud between Donald Trump and Elon Musk, as well as improving fundamentals on the BNB Chain.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Chainlink's LINK Stages V-Shape Recovery After 14% Plunge

Oracle network Chainlink's native token shows resilience with strong demand stepping in at key support levels.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

UK Appoints First Crypto Specialist for Insolvencies

The country has been beefing up its crypto work as digital assets have soared in popularity.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin price rebounds to $108K as millionaire whale goes 20x long on BTC

Analysts say Bitcoin could break its all-time high within 1–2 weeks, following breakout patterns seen recently in gold and the S&P 500.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Empty seats could hamper CFTC’s ability to regulate crypto

New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

AVAX Forms Critical Short-Term Support at $20.25 Level

Avalanche’s token fell sharply following recent gains, with key technical levels emerging.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

BTC edges Higher, Plasma ICO today, Inflation Data this week

BTC edges Higher, Plasma ICO today, Inflation Data this week FOMO HOUR EP374 BTC: 107.7k (+3%), ETH: 2540 (+2%), SOL: 155 (+5%). Top Gainers: ICP, SPX, FARTCOIN, VIRTUAL, BONK. BTC ETFs: -$48mn, ETH ETFs: +$25mn. BTC edges higher, dominance rises to 65%. ETH ETFs on 15 day inflow streak. Plasma ICO today, expecting to raise $50m. Deutsche Bank considers issuing stablecoin. UK FCA to lift crypto ETN ban for retail....

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

KULR Plans to Raise Up to $300M to Fuel Bitcoin Purchases

The energy-management firm will fund additional bitcoin purchases, working capital and R&D with the “at the market” share sales.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Hodling in 2025: The most widely used Bitcoin strategy, explained

Despite market volatility and evolving investment tools, hodling remains the go-to strategy for Bitcoin believers in 2025.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Trump Wallet scandal: Is Magic Eden really involved or just dragged in?

Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

TON Surges 2.7% on Massive Volume Before Sharp Reversal

The Telegram token found critical support on the short-term at the $3.20 level.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

SUI Surges 5% on Triple Volume Breakout Amid Trade Talks Between U.S. and China

The Sui blockchain token is seeing new support levels as as delegations from the U.S. and China meet in London.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Avalanche Meme Coin Trenches Heat Up as AVAX Lambo Token Touches $25 Million

Traders have bridged to Avalanche to start trading meme coins, as SocialFi app The Arena sees activity explode.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Everyone loves crypto ETFs, but not after reading the fine print

Crypto ETFs have attracted billions in inflows and mainstream attention, but they undermine crypto’s core values of decentralization, self-custody and financial empowerment.

Published on: June 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Circle Goes Full Circle

Circle's IPO last week was validation for stablecoins, but the business model carries interest rate risks, says CoinDesk Indices' Andy Baehr.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk

Strategy Buys $110 Million in Bitcoin as BTC Holdings Near $63 Billion

The Tysons Corner, Virginia-based firm announced a Bitcoin purchase for the ninth week in a row.

Published on: June 09, 2025 | Source: Decrypt favicon Decrypt

Can Crypto Unlock the Vibe Launch?

The vibe coder heralds an era of software development that is democratized and near-effortless. It also means a big role for crypto, says Ivo Entchev.

Published on: June 09, 2025 | Source: CoinDesk favicon CoinDesk