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As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds:
“Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.”
Armstrong points to the astronomical level of U.S. federal debt, which recently surpassed $...
Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20.
Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The sale is now expected to happen in mid-July, although the team...
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender.
According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan.
The filing stated:
“All Claims asserted...
Bloomberg analysts have sharply increased the likelihood of U.S. regulators approving a new wave of cryptocurrency exchange-traded funds, pointing to a friendlier stance from the Securities and Exchange Commission (SEC).
Bloomberg senior ETF analysts Eric Balchunas and James Seyffart said on June 20 that they now see a “90% or higher” chance that a broad range of crypto ETFs will win regulatory...
Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement.
The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the EU.
This...
Bitcoin (BTC) fell to its lowest price this month on June 20, triggering $464 million in liquidations across cryptocurrency markets as geopolitical jitters and heavy selling pressure rattled traders.
Bitcoin dropped to a low of $102,225, reversing the gains recorded earlier in the day after failing to break through resistance above $106,000.
Data from Coinglass shows that more than $466 million...
Standard Chartered projected that tokenization of real-world assets (RWAs) beyond stablecoins could accelerate significantly over the next five years, driven by regulatory progress and a sharper focus on high-impact use cases, according to a June 20 report shared with CryptoSlate.
The bank’s report, titled “RWA Tokenisation — A Growth Opportunity,” highlighted that while stablecoins remain the...
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20.
According to the report, the government is expected to implement the restrictions before the end of the year, citing environmental and energy concerns.
The government says the aim is to preserve electricity for more productive uses.
Karianne Tung...
TikTok has publicly denied allegations that it bought $300 million worth of TRUMP memecoins to sway US President Donald Trump.
The company addressed the claims on June 19 in a post on X, labeling the accusation “false and irresponsible” and aimed at misrepresenting its actions.
The statement followed comments by US Congressman Brad Sherman, who suggested that TikTok’s parent company, ByteDance,...
Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to DeFiLlama data.
This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter.
The raised funds are more than double the $624 million recorded in May,...