Key takeaways: A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000. Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target. Bitcoin’s (BTC) surge to a record $112,000 sparked renewed hopes for a $150,000 target by year-end,…
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Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses. In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several…
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Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out. To some in the industry,…
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The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump. “The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a…
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The House of Streams, a Netflix series licensed for the UK and Ireland, will feature online streamers in competitions to take home one Bitcoin. According to the show’s website, eight contestants with a combined four million followers will appear on the reality TV series, set to premiere on June 18. The series will reportedly have…
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Exchange-traded fund (ETF) issuers VanEck, 21Shares and Canary Capital sent a letter to the US Securities and Exchange Commission (SEC) urging a return to the “first-to-file” principle of approving ETF applications in the order they were submitted to the regulator. The companies argued that by failing to abide by the first-to-file principle, the default process…
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Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by…
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Republican lawmakers on the House Financial Services Committee (HFSC) pushed back against concerns that US President Donald Trump could personally profit from his exposure to the crypto industry, dismissing the claims as political “theatrics” amid ongoing debate about digital assets legislation. In a June 6 hearing organized by Democrats, HFSC ranking member Maxine Waters defended…
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Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency. Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, may lay the foundation for a Bitcoin cycle top of over $150,000, according to Alice…
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Sixteen years after its launch, Bitcoin is no longer just a cypherpunk experiment or an anti-establishment asset. In 2025, it’s increasingly rubbing shoulders with politicians, institutions, and Wall Street titans. That shift was on full display at the recent Bitcoin 2025 conference in Las Vegas, where Cointelegraph was on the ground to capture the mood.…
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