
Bitcoin miner Bitdeer mined 921 BTC, but its smaller stash raises a bigger question
The miner's AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging.

The miner's AI cloud growth may reduce sell pressure, but May data shows Bitcoin retention still lagging.

The WLD token surged 149.6% over the past month, XLM climbed 54%, JTO posted a 46.7% gain, and HYPE set a new all-time high of $77 on June 16. Yet the market dominance of the altcoin cohort excluding Bitcoin, Ethereum, and stablecoins slipped from 21.41% to 21.16% over the same period and is down from […]

Good news for the American worker came at the worst possible moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13. Layoffs are in the historically low range they've held for most of the post-pandemic era, and the unemployment rate has remained at 4.3% for a third straight […]

The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995 and the furthest point yet in a normalization campaign that has slowly dismantled three decades of near-free money. Going into the decision, the track record pointed one way: every one of […]

Texas spent years courting AI companies, cloud providers, and Bitcoin miners with cheap electricity, abundant land, and a sales tax exemption that's grown into one of the state's costliest incentive programs. But now, Governor Greg Abbott has told state regulators to flip the arrangement, directing them to require data centers to fund the grid they […]

Artificial intelligence is commoditizing news and routine research across the industry, and it's pushing crypto media companies to rebuild themselves as data platforms, analytics providers, and institutional infrastructure. The firms racing to assemble AI-ready databases are positioning to become the industry's reference layer, the source that investors, regulators, and algorithms rely on to understand digital […]

Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies, […]

Franklin Templeton, the $1.78 trillion asset management firm, is attempting to push cryptocurrency deeper into conventional investment portfolios with a new proposal that would automatically redirect stock dividends into Bitcoin exposure. On June 18, the asset manager filed paperwork with the US Securities and Exchange Commission (SEC) to launch two exchange-traded funds that would hold […]

Bitcoin’s blockchain is showing its strongest activity since late 2024, creating a rare split between rising network use and a weakening market price. CryptoQuant said in a note shared with CryptoSlate that its Bitcoin Network Activity Index has moved above its long-term trend for the first time since mid-2024. The index has climbed steadily since […]

STRC, Strategy's perpetual preferred stock, traded as low as $82.61 on June 18 before recovering to $88.59, putting the security nearly 17% below its $100 stated amount at the intraday low. MSTR fell 3.4% to $112.53 during the same session, while Bitcoin traded near $62,730, down about 2.5%. Strategy designed STRC to hover around $100 […]

DefiLlama shows Pump.fun generated $108.3 million in gross revenue during the first quarter and $69.2 million in the second quarter to date, marking a 36.1% decline from the prior quarter's pace. The broader Pump stack, which includes PumpSwap and Terminal alongside Pump.fun, shows Q2-to-date gross protocol revenue of $179.3 million, 37.5% below the first quarter's […]

Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263 while oil was falling and ships were moving through the Strait of Hormuz for the first time in weeks. Today, June 19, it then continued to experience weak price […]

The CFTC approved KalshiEX's BTCPERP contract on May 29, one day after Kalshi submitted it under Regulation 40.3. The contract references spot Bitcoin, carries no expiry date, and perps generally allow leverage as high as 50-to-1, with automatic liquidation that can wipe out positions during sharp moves. CME CEO Terry Duffy announced the company would […]

Europe’s crypto rulebook is squeezing much of the industry before it has even fully taken effect, with Binance and Tether as the most visible examples of a wider scramble to remain within the bloc’s regulated market. The pressure is building ahead of the July 1 deadline for firms to secure authorization under the European Union’s […]

Farside data shows $82.2 million leaving the category, but FBTC and MSBT still drew inflows after the Fed reset.

The $2.75 billion acquisition points to token settlement moving inside regulated payment networks before it replaces them.

Illinois Gov. J.B. Pritzker has signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on crypto assets. The Digital Asset Tax Act, nested deeply within the broader revenue package of Senate Bill 3019, establishes a novel privilege tax on the exchange, transfer, and custody of cryptocurrencies. Beginning January 2027, digital asset brokers […]

For years, DeFi's growth strategy was to pull users on-chain, and the next institutional wave is testing where users may never know they're touching DeFi at all. Matt Fisher, CEO of Katana, shared with CryptoSlate how the front end owns the user. If a credit card, a fintech app, or an exchange routes deposits into […]

Options traders are building bearish positions around Strategy's (formerly MicroStrategy) flagship preferred STRC stock after the security fell to a record low, adding a new layer of pressure to one of Michael Saylor’s main funding tools for buying Bitcoin. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known by the ticker STRC, closed Wednesday […]

The Fed left interest rates unchanged on June 17, and Bitcoin still felt the policy outlook tighten beneath it. The FOMC voted to hold its target range at 3.50% to 3.75%, but 9 of the 18 submitted dot-plot projections now point to at least one rate hike before year-end, against 8 holding at the current […]