Trump-linked decentralized finance project World Liberty Financial is distributing 47 USD1 stablecoins to wallet addresses that participated in its presale. The airdrop was first flagged by blockchain analytics firm Lookonchain in a June 4 post on X, which noted that…
Cryptocurrency News
South Korea elects pro-crypto candidate Lee Jae-myung as president [cointelegraph]
Lee Jae-myung has plans to enable the state pension fund to invest in crypto, approve Bitcoin ETFs, and launch a Korean won-backed stablecoin.
Gold’s rally to $3,360 is beneficial for Bitcoin: Here’s why [cointelegraph]
Bitcoin price eyes a breakout as a weakening dollar, US debt concerns, and gold limits shift investor focus.
California assembly passes bill to allow crypto payments to state [cointelegraph]
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
California passes bill to accept crypto for state payments [cointelegraph]
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
Bitcoin profit-taking underway as ‘big whales’ continue sell-off [cointelegraph]
The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
Trump-linked media platform Truth Social files for spot Bitcoin ETF [btcmanager]
Truth Social’s parent company has filed for a spot Bitcoin exchange-traded fund, entering a competitive field of crypto investment products. According to a June 3 filing with the Securities and Exchange Commission, stock exchange NYSE Arca submitted a Form 19b-4…
Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch [cointelegraph]
The announcement of a Donald Trump-branded crypto wallet from the team behind his memecoin has been muddled after the president’s sons disavowed it.
Meta signs 20-year nuclear energy deal to power AI [cointelegraph]
Meta will use nuclear energy to power its data centers and AI models with a 20-year deal to secure 1.1 gigawatts of energy from an Illinois facility.
Trump-linked asset manager files Truth Social Bitcoin ETF with SEC [cointelegraph]
A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission.