The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A group of cryptocurrency advocacy groups urged lawmakers to include legislation to protect software developers in to a larger bill.
A major regulatory storm is brewing in Europe, and it could put Bitcoin users in legal jeopardy. A recent consultation by the European Data Protection Board (EDPB) could potentially ban Bitcoin across Europe, according to Alexandre Statchtchenko, co-founder of French crypto exchange Paymium. Why Is the EDPB Targeting Bitcoin? The EDPB’s draft guidelines argue that …
Stablecoins may anchor Ethereum’s real-world adoption, but an analyst warns that the network must solve cross-layer fragmentation to stay ahead in the next phase of DeFi.
A solo Bitcoin miner has pulled off something truly special—mining an entire Bitcoin block by themselves and earning over $325,000 in rewards. Usually, mining is done by huge companies with super-powerful computers, so this small miner’s success is a rare and exciting moment that shows anyone can still play a part in the Bitcoin world. …
A Bitcoin miner secured a $330,000 block reward despite network difficulty surging to a record 126.98 trillion.
Market watchers eye potential recovery after significant volume spike signals strong buying interest at critical price floor.
Ethereum is back at capturing the market attention with its price trend, onchain dynamics, and fundamental strength. With Bitcoin trading sideways after its all-time highs, Ethereum could be poised for a potential breakout. In this write-up, we talk about the top reasons why the Ethereum price rally is on the cards. Top Reasons Why Ethereum …
Dogecoin’s six-month slide may be about to reach its moment of truth, according to independent market commentator VisionPulsed, who told followers on June 4 that the memecoin must vault the long-standing ceiling at roughly $0.40 “either this week or next” if the broader bullish structure is to survive the summer. In a video analysis, the analyst pointed to a second consecutive “blue bar” flashing on Ethereum’s momentum oscillator, a signal he treats as a reliable harbinger of imminent, high-magnitude moves across the digital-asset complex. “The last time we had two blue bars on Ethereum was way back when we were still young and optimistic,” he said, invoking memories of August 2023. “We printed five that time and the market moved sixteen percent. We’re at two now; by Sunday we’ll probably have four, which tells me the move should come next week.” Dogecoin Needs June Rally To Avert Summer Slump Although the blue-bar framework is native to Ethereum, VisionPulsed argued that its read-through for Bitcoin and, by correlation, Dogecoin is more important than ever. He noted that Bitcoin’s own hash-ribbon metric—formed when the network’s 30-day and 60-day hash-rate moving averages compress—has followed a strictly “sell for two weeks, then rally” pattern through the current cycle. “We’ve already been selling off for two weeks,” he said. “Historically in this bull market, that’s when Bitcoin resets and moves higher. If that plays out again, Dogecoin should finally get the lift it’s been denied since February.” Related Reading: June Or Doom: Dogecoin Faces 6 Red Months If It Fails To Surge, Predicts Analyst The crux of his thesis sits on a 70-day timing model derived from Dogecoin’s prior impulse lows. Measuring from the most recent trough, the 70-day mark falls on 14 June. “Every major upswing in Dogecoin during this cycle has come 60 to 80 days after a bottom,” he explained, scrolling through historical candles on screen. “We’re right on that window—if we’re going to break higher, it almost has to be now.” VisionPulsed acknowledged his own track record of slipping deadlines—“one for five hundred,” he joked—but insisted the structure remains statistically sound. “If we don’t rally next week, I’m never putting dates on anything again,” he told viewers, before adding a caveat that has become the headline takeaway. “Dogecoin has to clear $0.40. If we can’t do that, the bear case strengthens dramatically: June down, July probably down, September seasonally weak, and suddenly you’re talking eight red months out of nine.” Pressed by commenters about the depth of a potential downside scenario, the analyst pointed to Ethereum for context. A bullish resolution, he said, could lift ETH to roughly $3,200 before a summer consolidation and possibly $4,200 by early autumn, a path that in his view would drag Dogecoin well north of the $0.40 trigger. Failure, however, “sets up a very large move down, maybe sub-$2,000 on ETH,” a slide that would likely leave Dogecoin retesting multi-month lows. “Whichever way we go,” he concluded, “is going to determine the rest of the summer.” Related Reading: Dogecoin’s Fate Hinges On This Price Level, Analysts Agree The urgency is aggravated by Dogecoin’s mounting sequence of monthly losses: five red candles since January, with only a brief reprieve in April. “Six red months out of seven is staring us in the face,” VisionPulsed said. “June doesn’t have to be a vertical move, but it does have to be green—or at least show a decisive breakout—because otherwise, where is the bull run?” Market structure rather than sentiment, he stressed, underpins the call. Bitcoin already sits near cycle highs while Dogecoin still trades markedly below its own year-to-date peak, a divergence he interprets as latent leverage. “If Bitcoin punches through its local top, it typically drags Doge,” he said, referencing earlier intervals in 2024 when BTC strength eventually translated into delayed but exaggerated moves in the memecoin. Whether that historical choreography can repeat depends, in his framework, on the next few daily closes. “We’re definitely getting more energy built up,” he said, pointing to narrowing Bollinger Bands and declining on-chain activity. “I don’t think the large move is here yet, but by late this week—or early next week at the latest—you should get your answer.” For traders who still believe the four-year cycle remains intact, the analyst’s $0.40 line in the sand arrives almost exactly one calendar year before the next projected Bitcoin top in October 2026. “If Doge can’t start moving now, the entire timing model gets pushed off course,” he warned. “I genuinely think June is a make-or-break month.” At press time, DOGE traded at $0.189. Featured image created with DALL.E, chart from TradingView.com
Senator Cynthia Lummis (R-Wyo.) is making a strong move to reshape how the U.S. taxes crypto by pushing to include key digital asset provisions in the Senate Republicans’ 2025 tax-and-spending bill. A longtime Bitcoin supporter, Lummis is working with Senate Finance Chair Mike Crapo (R-Idaho) to fold in parts of her bipartisan crypto regulation bill, …
Circle just went public today, kicking off with strong demand. It surprised the market by pricing its IPO at $31 per share, well above the expected $27 to $28 range. The company and existing shareholders sold about 34 million shares, raising approximately $1.1 billion. This pricing values Circle at around $6.9 billion, according to Bloomberg. …
Galaxy’s latest report shows crypto leverage fell overall, but structural shifts in DeFi, CeFi and treasury financing signal rising interdependence and hidden risk.
The firm said it is tokenizing real-world assets such as solar farms, Medicaid claims, consumer credit, corporate debt, and more.
Hong Kong’s financial regulators are moving to legalize trading in Bitcoin and crypto derivatives. This step aims to boost the city’s position as a major crypto hub and attract more investors. By creating clear rules and allowing these new financial products, Hong Kong hopes to provide safer, more transparent markets. The move reflects growing global …
Crypto hackers siphoned $302M in May alone as DNS attacks and code vulnerabilities expose fatal flaws in DeFi security—and it's getting worse.
European fund manager APS bought $3.4 million in tokenized real estate via MetaWealth, marking the first direct institutional purchase of retail-available tokenized assets.
Bluebird Mining Ventures Ltd., a London-listed gold exploration company with operations across Asia, has unveiled plans to adopt Bitcoin as part of its treasury management strategy. The firm announced the move on June 5 in a post on X (formerly Twitter), signaling a significant departure from the traditional capital allocation models in the UK mining […]
The post Bluebird gold mining company embraces Bitcoin in bold shift from tradition, shares soar 60% appeared first on CryptoSlate.
Your day-ahead look for June 5, 2025
Bitcoin’s available coins for trading have dropped sharply. That change could push prices higher if demand holds up. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge According to Sygnum Bank’s June 2025 Monthly Investment Outlook, the liquid supply of Bitcoin fell by about 30% over the last 18 months. In that time, nearly 1 million BTC left exchanges. That means fewer coins are ready to move at a moment’s notice. Liquid Supply Tightens Based on reports from Sygnum Bank, exchange balances dropped by around 1 million BTC since late 2023. That amount equals roughly 5% of Bitcoin’s total supply. When coins leave exchanges, they often go into cold storage or long-term funds. Some of these funds include new exchange-traded funds and corporate buyers issuing equity or debt to buy Bitcoin. If coins are locked away, traders have to compete for a smaller pool of available coins. That gap between supply and demand can cause bigger price swings on the upside. Institutions And State Moves Three US states have now passed laws to hold Bitcoin as part of their reserves. New Hampshire already signed its bill into law. Texas is expected to follow soon. A third state is also moving forward, though details are still pending. In addition, governments abroad are paying attention. Pakistan’s government has said it will look into Bitcoin reserves. In the UK, the Reform Party—currently leading in election polls—plans to study something similar. When a state or country actually buys Bitcoin for its coffers, it can spark more buying. That act has a double effect: it creates immediate demand and it signals that public institutions see Bitcoin as a store of value. Safe-Haven Status Strengthens Rising uncertainty over the US dollar and US debt worries have driven some investors toward Bitcoin. In May, as US Treasury prices slid on concerns about rising debt levels, digital gold and physical gold saw higher interest. Bitcoin is being viewed more like a hedge against dollar weakness. On days when Treasuries wobble, some cash moves into crypto markets. Larger swings on the upside than on the downside also hint that institutions may be soaking up dips more quickly. Sygnum’s data shows that since June 2022, Bitcoin’s upward moves have been larger than its downward moves. That may be a sign that big players have become more confident in holding through small sell-offs. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says Ethereum’s Comeback Ethereum is also stirring after a period of sluggish performance. The recent Pectra upgrade on Ethereum has spurred more fees and drawing fresh interest. Several big banks and financial firms are now exploring tokenization platforms built on Ethereum and its layer-2 networks. When more institutions issue tokenized assets, the whole crypto space could benefit. Renewed activity on Ethereum often spills back into Bitcoin. That could add to overall demand for top coins. Featured image from Imagen, chart from TradingView
US law enforcement agencies seized 145 domains and crypto linked to BidenCash, a darknet marketplace known for selling stolen credit card data, and personal information, according to a June 4 statement. The takedown followed a court-approved investigation that targeted the platform’s infrastructure. The seized domains now redirect users to a server controlled by the authorities, […]
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With the beginning of June, Ripple has released a massive 1 billion XRP tokens from its escrow account. This regular monthly release has pushed the price of XRP down by 2%, causing many to wonder if Ripple’s escrow system is hurting the token. But an XRP community member says XRP escrow isn’t the price killer …
BlackRock now holds over $70 billion worth of Bitcoin through its ETF products, sparking a heated debate within the crypto community. While major headlines call it bullish for Bitcoin, critics are calling it something else entirely — a silent Wall Street takeover. A viral thread by crypto user Leshka.eth on X breaks down how BlackRock’s …
Trump-owned Truth Social's Bitcoin ETF prospectus includes novel risk disclosures related to the president's pro-crypto agenda.
Hong Kong may soon be able to trade crypto derivatives thanks to the securities regulator's new plan.
During the U.S. House Financial Services Committee hearing on June 4, lawmakers clashed over the future of digital asset regulation—while President Donald Trump landed at the center of a growing crypto controversy. Trump Accused of Using CLARITY Act for Personal Gain The hearing focused on the Digital Asset Market Structure bill, also known as the …
When the FBI and U.S. Secret Service seize 145 darknet domains tied to a single marketplace, you know the stakes are high. That’s exactly what happened to BidenCash, a shadowy player in the dark web’s stolen credit card trade that raked in over $17 million in crypto revenue since 2022. This is a significant strike …
13F filings show investment advisors dominate institutional crypto ETF exposure, with growing interest in ether alongside Bitcoin.
RWAs are benefiting from increasing US crypto regulatory clarity, which has pushed the tokenization sector past $23 billion.
Venezuela’s government has arrested at least 20 moderators of the popular Instagram page “Monitor Dólar,” accusing them of terrorism, money laundering, and fraud for publishing the widely used parallel exchange rate, Interior Minister Diosdado Cabello has reported.. The sweep, which began in night‑time raids on May 29, revives tactics last seen during the country’s 2013‑18 hyper‑inflation […]
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Cardano is currently trading at $0.678, with a slight decline of about 2.8% over the past 24 hours. ADA has been fluctuating between $0.665 and a high of $0.70 in the last 24 hours. ADA Building For a Big Move Analyst Dan Gambardello has pointed out that Cardano’s momentum is extremely oversold on the Stochastic …