Bitcoin (BTC) price continues to trend downward below the $60,000 support zone after losing over 50% of its value since the $126,199 high in October. Bitcoin’s four-year cycle, measured from cycle tops to bottoms, suggests that four months of a bear market are still ahead.

A Solana (SOL) meme coin named after crypto celebrity Ansem rallied 18,000% in just 3 days to reach a $125 million market capitalization. During this time, the general cryptocurrency markets were experiencing extreme fear. High levels of speculative capital continue to follow small amounts of available liquidity, even though overall cryptocurrency market capitalizations are decreasing...

Bitcoin (BTC) reclaims $60,000 on Monday after a nearly 6% correction and closing below the key technical level. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.79 billion in net outflows last week, the highest for this period since the end of February.

HP Inc. and OpenAI entered into a strategic agreement on June 28. They launched the Frontier platform throughout HP’s worldwide presence, which is just another example of how major businesses throughout the world are wagering that the use of AI will alter the entire fabric of how large businesses operate. This partnership will put OpenAI’s...

Bitcoin miners moved more BTC to Binance, after a wave of deposits in early June. Despite this, BTC miners are still not showing signs of capitulation, despite the loss of profitability.

Pi Network (PI) price edges lower on Monday, threatening a steeper correction below the all-time low of $0.1184 recorded on June 6. The negative funding rate reaffirms the sell-side dominance as the Pi2Day excitement fades.

The Bank for International Settlements (BIS) warned that if AI has a major contraction, similar to prior recessions, it could have a much greater impact on global stock markets than previous recessions. The reason for this concern is that, with all the uncertainty surrounding the financing of AI, many of the investments in AI projects...

Dogecoin (DOGE) price remains in an extended downward trend, as the broader market risk-off sentiment weighs down on DOGE derivatives. From a technical viewpoint, DOGE risks deeper corrections as bearish momentum remains dominant despite indicators flashing oversold conditions.

Solana (SOL) is attempting to build on its recovery, trading above $71 on Monday after a modest loss in the previous week. Improving derivatives sentiment and strengthening on-chain activity back the rebound thesis for SOL.

Derive (DRV) edges higher on Monday, extending its third consecutive day of recovery above $0.1000. The increasing volume and fees collected through Perpetuals and Options contracts suggest that Derive’s market share in crypto derivatives is growing.

Cardano (ADA) is stabilizing around $0.145 at the time of writing on Monday after suffering a sharp 21% decline over the previous two weeks. Derivatives metrics continue to reflect cautious market sentiment; however, fading bearish momentum suggests ADA could recover in the coming days.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing early signs of stabilization on Monday after a correction of nearly 6%, 8% and 7%, respectively, over the previous week.

The broader cryptocurrency market continues to trade under pressure, with Bitcoin (BTC) struggling for direction near $60,000 on Monday. Retail sentiment in crypto leans bearish, with CoinMarketCap’s Fear and Greed Index at 15 on Monday, maintaining a sideways trend deep in the “Extreme Fear” zone.

San Antonio has passed an ordinance requiring fraud warning signs at every crypto kiosk in the city. The move targets 660 scam reports and about $39M in losses.

A retired man in Florence, Alabama, lost $222,000+ to a crypto romance scam.

A Chinese startup has raised $2.7 million on Indiegogo for a portable device that detects and kills mosquitoes in mid-flight using AI and lasers.

USDT issuer Tether and crypto lender Ledn have laid out plans to let holders of Tether Gold (XAUT) borrow against the it later in the year, which would open a lending channel taking advantage of the stablecoin issuer’s $23 billion physical gold reserve. Tether partners with Ledn Lending platform Ledn announced it will add XAUT...

BitMEX co-founder Arthur Hayes is facing another round of exit liquidity allegations after on-chain observers flagged that his fund, Maelstrom, appeared to offload $1.92 million worth of $CARDS tokens within days of Hayes publicly promoting the project.  The move, which is recognized as using others as “exit liquidity” to get out of a trade, is...

Coinbase’s CEO has proposed experimenting with cheaper open-weight AI models to keep AI spending in check as token consumption climbs. This proposal has led to concerns over the security and geopolitical risks of directing enterprise workloads through Chinese-origin systems. Why are companies using Chinese AI models?  U.S. export controls have made it harder for Chinese...

Apple will not roll out iPadOS 27 to any iPad with an A12 or A12X chip. That leaves five models out in the cold for the company's next tablet OS.

The Monetary Authority of Singapore has placed fast developing decentralized trading platform Hyperliquid (HYPE) on its Investor Alert List on Friday, flagging both the Hyper Foundation website and the Hyperliquid trading application as unlicensed entities operating without regulatory authorization in the city-state. The listing makes Hyperliquid one of the first major decentralized finance protocols to...

The Trump administration is close to lifting restrictions on Anthropic's Fable 5 AI model, Axios reported Friday.

GameStop will continue to pursue its unsolicited eBay takeover, weeks after the e-commerce company’s board dismissed the initial $56 billion cash and stock proposal from the retail gaming company as not attractive and borderline insulting. The video game retailer confirmed that it remained dedicated to completing the deal and said “additional materials regarding the proposed...

ARK Invest CEO Cathie Wood has stated that Bitcoin stands apart from the artificial intelligence trade because it offers protection against sovereign currency risk, something no tech stock can offer. “Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital assets,” Wood wrote on X on June...

Mark Zuckerberg has told Meta executives to pursue potential partnerships with prediction market platforms Polymarket and Kalshi with the company planning the development of its own competing app called Arena. Meta has seen an aggressive push into the prediction markets sector that has exploded since the 2024 U.S. presidential election. Combined trading volume on Polymarket...

Ripple’s chief executive, Brad Garlinghouse shared doubts about whether Strategy’s CEO Michael Saylor has been a positive influence on the broader crypto market during a Friday interview with CNBC. Garlinghouse specifically described the untethering of Strategy’s Stretch (STRC) preferred stock as a “damning indictment. However, the Ripple chief executive maintained that he remains bullish on...

The $292 million KelpDAO bridge exploit in April and the Humanity Protocol private key theft in June were already suspected as connected, as both incidents carried hallmarks of DPRK-linked operations, with fingers pointing to the notorious Lazarus group.  Now, on-chain evidence shows the proceeds of those attacks are now flowing into shared wallets, which is...

Crypto exchanges and service providers might soon be required to collect and share tax-residency data on their users in Hong Kong. Hong Kong lawmakers are considering passing a bill that sets up a way for tax authorities to see crypto activity for the first time ahead of the launch of the country’s first regulated stablecoins. ...

GraniteShares plans to create new leveraged exchange-traded funds (ETF) based on SK Hynix stock for trading on U.S. exchanges. These funds will allow U.S. investors access to a rapidly growing Asian memory chip manufacturer whose share price has increased more than 300% in 2023 because of increasing demand for artificial intelligence products. The proposed funds—a...

Apple is reportedly requesting approval from the White House to buy memory chips produced by ChangXin Memory Technologies (CXMT). The Pentagon lists this firm among the military-linked companies from foreign nations, which means that Apple will have quite a hard time closing this deal. Apple needs to make this request because the increasing cost of...