Crypto Users Criticize Coinbase’s Sponsorship Of US Military Parade

Update (June 16 at 10:13 pm UTC): This article has been updated to include more information on Coinbase’s financial contribution. Coinbase is facing backlash from crypto users after sponsoring the 250th anniversary celebration of the US Army in Washington, D.C. In a June 16 X post, Adam Cochran, a partner at venture capital firm Cinneamhain…

Bitcoin Takes Aim At New Highs Despite Bearish Factors

Key takeaways: Bitcoin (BTC) reclaimed $108,000 on Monday after retesting the $104,000 support level over the weekend. The gains came as conflict broke out in the Middle East and investors scaled back expectations for interest rate cuts in the United States, signaling stronger confidence in Bitcoin’s upside potential. Traders’ sentiment remained steady despite the worsening…

Solana Will be ‘Chain of Choice;’ DFDV, UPXI, HODL Initiated at Overweight: Cantor

Cantor initiated coverage of the three largest solana treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday. The broker has a $45 price target for DeFi Development, a C$54 objective for Sol Strategies, and a $16 price target for…

Bitcoin And HYPE Lead Fresh Crypto Rally Toward New Highs

Key points: Bitcoin made a decisive break above $106,000, setting the stage for a possible retest of the all-time high at $111,980. Most major altcoins remain in a range, but HYPE has resumed its uptrend. Bitcoin (BTC) started the week on a bullish note, rising above $107,500. Although the price is trading just below the…

Cointelegraph joins forces with Nansen to boost crypto journalism with onchain data

Cointelegraph has entered into a partnership with leading blockchain analytics platform Nansen, establishing Nansen as the go-to onchain data source across Cointelegraph’s global news desk, ensuring that millions of crypto readers have access to actionable, real-time insights directly from the blockchain. Nansen is the leading onchain analytics platform, delivering real-time onchain intelligence to traders, investors…

Trump’s Truth Social files for dual Bitcoin and Ether ETF

US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm…

El Salvador Buys 240 Bitcoin Despite IMF Non-Accumulation Agreement

El Salvador, the world’s first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that included provisions discouraging further accumulation. The government’s treasury wallet currently holds 6,209 Bitcoin (BTC), having added 240 BTC since Dec. 19, 2024, after the IMF…

XRP Price Targets 40% Breakout as SEC, Ripple File Joint Motion.

Key points: XRP’s (XRP) price is up 2% on June 16 to reach an intraday high of $2.20, mirroring similar upside moves elsewhere in the cryptocurrency market. Traders pushed the price higher despite deepening geopolitical tensions in the Middle East as optimism surrounding the conclusion of the SEC vs. Ripple lawsuit and favorable chart technicals…

Token Unlock Strategies Used by Top Crypto VCs

Key takeaways Token unlocks release previously locked tokens into circulation, often leading to increased volatility and price drops. Vesting schedules (cliff + linear release) aim to align early stakeholders’ incentives with long-term project success. VCs use advanced strategies such as OTC deals, staggered sales and derivatives to exit profitably and avoid crashing the market. Market…

Strategy Buys 10.1K Bitcoin Amid Israel-Iran Escalation

Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending June 15, the company officially announced on June 16. The purchases were made at an average price…