Key takeaways: Surging oil prices and rising producer inflation have pushed traders to price in a stricter US Fed monetary policy. Massive spot Bitcoin ETF outflows in June show the cryptocurrency is currently failing to act as a stock market hedge. The Nasdaq 100 Index dropped 7.5% in the seven days leading up to June … Read more
Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether’s futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures. Crypto analyst Darkfost noted that Ether futures activity has improved despite rising … Read more
Cross-border payout platform MassPay and Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts. The partnership connects MassPay’s network in 180 countries with the US-based exchange’s crypto infrastructure, allowing customers to move between fiat, USDC and other digital assets, the companies said in a joint statement shared with Cointelegraph. MassPay CEO Ran Grushkowsky … Read more
Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees volatility but hits intraday highs despite surging US inflation and another Strait of Hormuz closure. Oil rebounds as the US promises fresh attacks on Iranian infrastructure on Thursday. Bitcoin upside … Read more
An artificial intelligence and cybersecurity researcher claims to have jailbroken Anthropic’s latest AI model, Claude Fable 5, within just 48 hours of it being launched. “Pliny the Liberator,” a well-known figure in the AI community, said on Wednesday he “liberated” Fable 5, launched on Tuesday as a safety-tuned version of the more powerful Mythos model … Read more
Advisers to some of the largest financial institutions are taking more of an interest in stablecoins and tokenization than in Bitcoin, which could help pull crypto out of its current slump, said Bitwise investment chief Matt Hougan. Hougan said in a note on Wednesday that he recently spoke with more than 40 advisers who were … Read more
Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index (CPI) in May, according to figures released on Wednesday. The surge in the consumer price index, a broad gauge of goods and services costs across the US economy, deflated hopes … Read more
XRP’s (XRP) onchain activity has contracted sharply since its 2025 peak. The 90-day network fee average fell by 91.5%, while the realized profit-to-loss ratio dropped to 0.38 from 50, according to Glassnode. The decline in activity and profitability comes as traders identify the $1.00-$0.65 region as a major area of interest. XRP profit-taking flips to … Read more
The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though federal law classifies them as “gaming.” Released on Wednesday, the proposal distinguishes sports event contracts from games of pure chance, saying markets based on final scores … Read more
Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions to regulated platforms are restricting access to digital assets. The new campaign cites a report from the UK Cryptoassets Business Council that found 40% of crypto transactions are blocked or restricted … Read more