Bitcoin (BTC) risked wiping out its Iran truce gains and returning toward the $60,000 psychological support as the Bank of Japan (BoJ) raised its interest rates to their highest level in 30 years.Key takeaways:BTC has averaged a 5.74% decline in…

Today in crypto, the industry’s biggest stories spanned layoffs, a key regulatory hire and markets.Robinhood cut 10% of its workforce despite CEO Vlad Tenev saying the business “has never been stronger” and the CFTC hired a former SEC crypto adviser…

Solana treasury companies are resisting acquisition attempts by Forward Industries, with two firms rejecting proposed combinations and a third allowing its offer to expire without responding.Forward said Monday that Solana Company (HSDT), formerly Helius Medical Technologies, rejected an all-stock proposal…

Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation or protocol-based yield mechanisms, arguing returns should come from financial products built around BTC.In an X post on Tuesday, Saylor outlined a five-layer “Digital Asset Stack” positioning Bitcoin…

Bitcoin miner IREN has completed its acquisition of the Spanish data center developer Nostrum Group, marking its entry into Europe as the company builds out its artificial intelligence cloud business.IREN said in a press release on Monday that the acquisition…

Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say.Nick Ruck, a director at LVRG Research, told Cointelegraph that despite Bitcoin…

The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman Travis Hill public on…

Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head…

Recently, the concept of so-called covenants has received renewed attention as Bitcoin development and protocol discussions underwent a renaissance. Covenants could enable and facilitate a wide range of applications, including new trustless and scalable layer 2s, fully non-custodial vaults with…

Crypto exchange Bybit will offer eligible customers access to tokenized bond funds managed by PIMCO and China Merchants Bank International, expanding its push into real-world assets through partnerships with Plume and DigiFT. Bybit’s new RWA Earn platform launched with two…

Some of the fighters in Sunday’s Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial.On Monday, World Liberty confirmed that UFC would pay…

Kraken on Monday launched perpetual futures trading for eligible US users through Bitnomial, expanding its domestic derivatives offerings months after acquiring the federally regulated exchange.The products are available through Kraken Pro and include contracts tied to major cryptocurrencies including Bitcoin…

Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners…

The US Commodity Futures Trading Commission (CFTC) has hired a new chief data innovation officer with deep experience in blockchain forensics in what could be seen as the regulator’s move toward greater focus on the technology.In a Monday notice, CFTC…

BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continues to generate yield.On Monday, the crypto treasury company reported that it…