Bitcoin Holds Steady Amid Soft Core Inflation
Bitcoin rose 1.9% to $62,600 following a modest inflation report, while other major cryptocurrencies declined, with $ETH down 6.5% and $XRP down 7.5%. #Update #Crypto $BTC
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XRP Holds Above $1.10 Amid ETF Inflows
XRP holds above $1.10 amid $6.75M in ETF inflows, but price remains near multi-month lows as futures activity surges to $5B; resistance at $1.1352 persists. #Update #Crypto $XRP
Kalshi Mandates Employer Disclosure to Combat Insider Trading
@Kalshi will require some users to disclose their employers to combat insider trading, implementing new screening and risk-scoring measures immediately. #Update #Crypto
Ethereum Developers Launch New Privacy Token Standards
Ethereum’s proposed pERC-20 token standard aims to enhance privacy by allowing users to hold and transfer tokens without revealing sensitive information, reigniting discussions on blockchain privacy. #Update #Crypto $ETH
Crypto Campaigns Against Bank Transaction Blocks
@StandWithCryptoUK urges its 286,000 members to file complaints against UK banks for blocking crypto transactions, impacting 40% of domestic transfers and contradicting government expectations. #Update #Crypto $BTC
Mastercard Launches AI Payment Agents Revolution
@Mastercard launches Agent Pay for Machines (AP4M), enabling AI agents to securely transact using cards, bank accounts, and stablecoins. Over 30 companies, including @Coinbase and @RippleX, join the initiative. #Update #Crypto $MATIC
Stablecoin Demand Soars with $5 Trillion AI Market
@Netomi CEO Puneet Mehta forecasts the customer experience market will reach $5 trillion by 2030, potentially increasing demand for stablecoins and blockchain payments. #Update #Crypto $USDC
Ethereum Faces Crisis Who Responds at 3am
Bitcoin holders can now earn income through reinsurance, providing a solution to market stress without relying on price appreciation, according to @StephenStonberg. #Update #Crypto $BTC
Bitcoin Faces Quantum Threat Amidst Ticking Clock
Citi warns that bitcoin faces greater quantum risks than Ethereum, with a potential quantum computer able to break bitcoin’s cryptography by 2028, raising concerns for institutional holders. #Update #Crypto $BTC $ETH
CFTC Proposes First U.S. Prediction Market Rules
The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation, aiming for a 90-day review process to assess contract legality while supporting responsible innovation in the industry. #Update #Legal $BTC $ETH
Michael Saylor Faces Backlash Over Dilutive Sale
Tempers flare as @MicroStrategy’s latest bitcoin purchase sparks debate over shareholder dilution; BTC Yield fell from 13.0% to 12.8% after acquiring 1,550 BTC amid rising USD reserves. #Update #Crypto $BTC
Solana Launches Payments for World Series of Poker
@WorldSeriesofPoker partners with @Solana to enable Solana-based payments for tournament buy-ins, starting in Las Vegas, expanding to payouts in stablecoins by December. #Update #Crypto $SOL
Inflation Meets Expectations Reinforcing Fed Stance
U.S. inflation data for May showed a 4.2% year-over-year rise, aligning with expectations; Bitcoin $BTC trades near $61K amid market uncertainty. #Update #Crypto $BTC
Bitcoin DeFi Project Shutdown Shocks Users
@Botanix is shutting down its Bitcoin layer-2 network, citing poor market conditions and low user interest, with a total value locked of only $119,500 despite raising $14.4 million. #Update #Crypto $BTC