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Nasdaq-listed Oblong jumps 12%, eyes $7.5M Bittensor TAO acquisition for Bitcoin-style treasury strategy
IT solutions provider Oblong has unveiled plans to raise $7.5 million through a private stock sale to support its new Bittensor-driven AI and digital asset treasury initiative, according to a June 6 statement. Shares in the Nasdaq-listed firm are up 12% over the past 24 hours following the announcement. Oblong revealed that it entered a […]
Newly introduced GOP Bill seeks to write Trump’s strategic Bitcoin reserve into law
A new House bill introduced Friday would lock in President Trump’s unprecedented executive order establishing a Strategic Bitcoin Reserve, signaling the GOP’s deepening embrace of digital assets as fiscal and geopolitical leverage tools. The bill, H.R. 3798, sponsored by Rep. Tim Burchett (R-TN), aims to codify Executive Order 14233, signed by Trump. Bitcoin reserve law […]
Strategy’s Michael Saylor calls quantum computing threats to Bitcoin a marketing myth
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto. In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted : "It’s mainly marketing from people that want to sell you the […]
Bitcoin Family Strengthens Security Amid Rising Crypto Crimes
In the wake of increasing crypto crime incidents, the renowned ‘Bitcoin Family,' led by Didi Taihuttu, has taken unprecedented steps to bolster their security measures. The family, known for their remarkable decision to go all-in on Bitcoin in 2017, has now opted to split their Bitcoin seed phrase across four continents. This strategic move comes […]
Bitcoin ETFs could see reversal this week after retreat in first week of June
Spot Bitcoin ETFs have struggled to keep the inflow momentum they established in May. The first trading day of the month ended with a $267.5 million outflow, which followed the massive $616.1 million outflow on May 30. Another $278.4 million outflow on June 5 and a smaller $47.8 million on June 6 effectively erased the […]
Millions in short positions now cluster above $106k after leverage flush
Bitcoin futures have returned to parity with spot prices following a steep 5% drawdown earlier this week that liquidated more than $4 million in leveraged long positions. Price action on Binance’s BTC-USDT perpetual contract shows a reversal from a June 5 low of $100,700 to $105,499, nearing the prior high of $106,775 reached on June […]
Ripple boosts Japanese startups with $200,000 XRP Ledger (XRPL) grants
Ripple plans to offer up to $200,000 in grants to Japanese startups building on the XRP Ledger (XRPL). The initiative, announced on June 9, is part of the company's broader effort to foster blockchain innovation in Japan. According to the statement, the funding is tied to a new partnership with Web3 Salon, a program supported […]
Tether CEO Dismisses IPO Plans, Calls $515B Valuation 'Bearish'
Tether CEO Dismisses IPO Plans, Calls $515B Valuation ‘Bearish' In a surprising move that has captured the attention of both crypto enthusiasts and financial analysts, Paolo Ardoino, the CEO of Tether, has dismissed the possibility of an Initial Public Offering (IPO) for the company, suggesting that a speculative $515 billion valuation is ‘a bit bearish.' […]
Deutsche Bank Explores Stablecoin Ventures Amid Regulatory Clarity
Deutsche Bank Explores Stablecoin Ventures Amid Regulatory Clarity As the financial world continues to embrace digital currencies, Deutsche Bank is making significant moves towards integrating stablecoins and exploring tokenized deposit systems. This decision comes as regulatory clarity and legislative progress push the boundaries of stablecoin adoption globally. According to a senior executive from the bank, […]
Argentine Anti-Corruption Office clears President Milei of ethics violation over LIBRA promotion
Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when he promoted the Solana-based LIBRA memecoin in February. In a resolution issued on Friday, the office declared that Milei’s Feb. 14 X post constituted a personal statement rather than an official announcement as a public servant. Therefore, Milei’s post […]
Solana's SOL Rebounds Amid Market Volatility, Eyeing Potential Breakout
Solana's SOL Rebounds Amid Market Volatility, Eyeing Potential Breakout The cryptocurrency market has been rife with volatility, and Solana's SOL is no exception. Recently, SOL demonstrated resilience as it bounced back from significant losses, climbing above the crucial $147 support level. This rebound comes at a time when the global market is grappling with persistent […]
Bitcoin community is divided over Core devs’ statement on transaction relay
A debate has erupted among the Bitcoin community over a joint statement released by 31 Bitcoin Core developers on June 6. In their statement, the developers argued that while the new transaction relay policy might lead to more non-financial use cases, protecting censorship resistance is one of the core tenets of the blockchain. The developers […]
Proof-of-Reserves: Is it applicable to MicroStrategy?
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. On Tuesday, Michael Saylor, the Executive Chairman of MicroStrategy (NASDAQ: MSTR), riled up the Bitcoin part of the internet. At an event adjacent to Bitcoin 2025 conference in Las Vegas, Saylor was asked whether the company (rebranded as Strategy) […]
AVAX Surges 6% Amid Easing Trump-Musk Tensions and Institutional Interest
AVAX Surges 6% Amid Easing Trump-Musk Tensions and Institutional Interest The cryptocurrency market witnessed a significant uptrend in the value of AVAX, Avalanche's native token, which jumped 6% recently. This surge was primarily driven by a combination of easing geopolitical tensions and growing institutional interest in blockchain technology. As tensions between high-profile figures like Donald […]
Bigger than Coca-Cola? If Tether went public, it could reach a $515B valuation
A recent analysis posted by Artemis CEO Jon Ma has sparked discussion about Tether’s potential market value, suggesting that if the company were to go public, its valuation could reach $515 billion. This figure would place Tether among the world’s largest corporations by market capitalization, ahead of well-known names such as Costco and Coca-Cola. Jon […]
Crypto was never about decentralization; It is about Pluralism
The following is a guest post and opinion from John deVadoss, Co-Founder of the InterWork Alliancez. “Decentralization” is crypto’s all-purpose slogan, yet the word never appears in the 2008 Bitcoin white paper. What Satoshi outlined was narrower and more radical: a peer-to-peer system that swaps institutional trust for publicly auditable cryptographic proof. Trust can be […]
‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East?
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. One of the main takeaways from TOKEN2049 earlier this year was that the UAE, and Dubai in particular, is the hottest spot (quite literally) […]
Could 'Full Porting Bitcoin' Be Elon Musk's Strategic Move Against Trump?
In the ever-evolving world of cryptocurrency, few figures have captured the public's imagination quite like Elon Musk and former President Donald Trump. Both polarizing and influential, their intersecting paths have led to a unique suggestion from the Bitcoin community: that Musk should consider ‘full porting Bitcoin' as a strategic maneuver in his ongoing feud with […]
Spot Ether ETFs Witness Unprecedented $837.5M Inflows in 15-Day Streak
Spot Ether ETFs Witness Unprecedented $837.5M Inflows in 15-Day Streak In an extraordinary run that has captured the attention of market analysts and investors alike, spot Ether ETFs have seen an unprecedented inflow of $837.5 million over a 15-day period, marking a significant milestone in the cryptocurrency investment landscape. This streak, consisting of three consecutive […]
Trump Embraces Memecoin as Public Sentiment Indicator Amid $520M Unlock
Trump Embraces Memecoin as Public Sentiment Indicator Amid $520M Unlock In an unexpected twist in the ever-evolving world of cryptocurrency, former U.S. President Donald Trump is using his official memecoin as a barometer for public sentiment. This strategic move comes as the memecoin is set to witness a significant $520 million token unlock, a milestone […]