Daily archive
Wednesday, June 24, 2026
45 articles published.
Standard Chartered Projects Aave Token to Reach $3,500 by 2030
Standard Chartered forecasts that Aave's token (AAVE) will rise nearly 50 times to $3,500 by the end of 2030, based on a recent research note. The bank attributes this potential growth to a recovery in liquidity levels and an estimated expansion in decentralized finance (DeFi) assets, as reported by Decrypt.
4 days ago·Decrypt·Reported by Decrypt Agent
Kalshi Sues Illinois Over New Tax on Sports-Related Prediction Markets
Kalshi has filed a lawsuit against the state of Illinois in response to a recently enacted tax on sports-related prediction markets. The lawsuit, stemming from a new 15% tax scheduled to take effect on July 1, highlights ongoing tensions between states and federal regulators regarding the classification of such markets as gambling, as reported by Decrypt.
4 days ago·Decrypt·Reported by Sander Lutz
Meme Stock Traders Drive Share Surge for Wendy's
Meme stock traders have rallied around Wendy's shares, boosting them over 25% on June 24, 2026, according to Decrypt. Posters on Reddit's WallStreetBets call for action to "save" the fast-food chain, which has seen a dramatic decline in its stock price over the past five years.
4 days ago·Decrypt·Reported by Logan Hitchcock
Bitcoin Sell-Off Lowers Prices of Ethereum, XRP, Dogecoin and Crypto Stocks
Bitcoin's price decline to a 21-month low impacts key altcoins and cryptocurrency stocks, according to Decrypt. The downturn appears tied to broader market trends affecting semiconductor and AI stocks, as investors continue to sell off digital assets.
4 days ago·Decrypt·Reported by André Beganski
Nous Research Introduces Mascot Pets for Hermes AI Agent
Nous Research has added a feature called "pets" to its Hermes AI platform, providing users with over 3,200 animated mascots that visually represent agent activity without influencing its functionality. These animated sprites express six different states tied to the agent's operations, although they do not enhance performance, according to Decrypt.
4 days ago·Decrypt·Reported by Jose Antonio Lanz
Ethereum Foundation Faces Cuts Amid Launch of New Research Group
The Ethereum Foundation recently announced a 40% budget cut and laid off 20% of its workforce, coinciding with the launch of EthLabs, a new research organization. This development raises questions about the network's future, as some industry leaders view it as an opportunity for greater decentralization, according to CoinDesk.
4 days ago·CoinDesk·Reported by Margaux Nijkerk
Kalshi Seeks $40 Billion Valuation as It Competes with Polymarket
Kalshi is aiming for a $40 billion valuation in a new funding round, nearly doubling its previous valuation of $22 billion, according to a report by Financial Times. This effort could bolster its lead over rival Polymarket, which seeks funding at a $15 billion valuation, as both platforms dominate the prediction markets sector.
4 days ago·CoinDesk·Reported by Helene Braun
Leaked Strings Indicate Anthropic is Reviving Fable 5 Subscription Service
A recent code leak reveals Anthropic's plans to include Fable 5 within weekly subscription limits, following its previous separate sales strategy. The findings, highlighted by Decrypt, suggest a significant shift in how the model is offered to users.
4 days ago·Decrypt·Reported by Jose Antonio Lanz
Researcher Challenges Microsoft's Quantum Computing Claims
University of St Andrews physicist Henry Legg criticizes Microsoft's assertion about its Majorana 2 quantum chip, claiming the company has not demonstrated a topological qubit. Microsoft's defense argues that its methods are sophisticated and effective, according to coverage by Decrypt.
4 days ago·Decrypt·Reported by Jason Nelson
CryptoQuant Analyst Urges Strategy to Halt Bitcoin Purchases Amid STRC Decline
A CryptoQuant analyst advises Strategy to stop buying Bitcoin and focus on cash reserves as its stock, STRC, hits new lows. The recommendation comes as Strategy faces financial pressures and recent declines in both its stock and Bitcoin's value, reported by Decrypt.
4 days ago·Decrypt·Reported by André Beganski
Noman Saleem Sentenced for $1.4M Telegram Staking Fraud
Noman Saleem, a 39-year-old from New York, receives a 15-month prison sentence for a wire-fraud scheme involving impersonation of crypto influencers, according to Decrypt. Saleem defrauded victims by promoting a fake crypto staking operation, amassing around $1.4 million before disappearing with their funds.
4 days ago·Decrypt·Reported by Decrypt Agent
Binance Withdraws Greek MiCA Bid, Pursues Alternative EU License
Binance has officially withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another EU member state, as reported by CoinDesk. The company faces a deadline of July 1 to secure a license or cease operations across the European Union.
4 days ago·CoinDesk·Reported by Olivier Acuna
21Shares Concedes Bitcoin's 4-Year Cycle Remains Intact as Prices Fall
After Bitcoin dips below $60,000, 21Shares admits its earlier prediction of a break from the historical four-year cycle has not materialized. The firm notes a shift in market dynamics, indicating a milder drawdown compared to previous bear markets, according to Decrypt.
4 days ago·Decrypt·Reported by Logan Hitchcock
Solana Justifies Use of Bare Metal for Validators
Solana's blog explains why validators perform better on bare metal hardware rather than cloud environments. With the upcoming feature activation for 100 million compute units, Solana emphasizes the need for robust hardware to manage increased capacity and maintain performance, as reported in the Solana Foundation Blog.
4 days ago·Solana Foundation Blog
South Korean Officials Meet SEC to Discuss Unified Crypto Regulations
On June 24, 2026, a delegation of South Korean officials and digital asset stakeholders met with the SEC's task force to discuss future regulatory frameworks. This meeting reflects the impact of U.S. regulatory decisions on South Korea's approach to digital assets, especially following local scandals, according to Decrypt.
4 days ago·Decrypt·Reported by André Beganski
Exploring the Future of Bitcoin Reward Programs
Lightning News examines the limitations of traditional loyalty programs compared to Bitcoin rewards. The latter's interoperability could redefine consumer engagement by allowing users greater freedom and control over their rewards, transforming them into actual currency. The article delves into the implications for businesses relying on loyalty programs.
4 days ago·Lightning News·Reported by TheWildHustle
Bitcoin Drops to $60,000 as AI Interest Grows
Bitcoin has fallen to the $60,000 mark as the broader crypto market continues to struggle, according to CoinDesk. The price drop coincides with increased investor interest in technology sectors, particularly artificial intelligence, and a significant decline in gold and oil prices.
4 days ago·CoinDesk·Reported by Helene Braun
Infrastructure Emerges as Key Currency in Digital Assets, Says Nonco CTO
In a recent analysis on CoinDesk, Nonco's CTO Caue Teixeira argues that infrastructure is becoming the true currency in the digital assets space, overshadowing individual cryptocurrencies. Alen Pavlović from Liquibit Capital highlights trends from CoinDesk's liquidation feed showing significant liquidation activity in early June before Bitcoin's price drop.
4 days ago·CoinDesk·Reported by Caue Teixeira
SecondFi Reports $2.4 Million Loss from Cardano Wallet Exploit
On June 24, 2026, SecondFi disclosed it lost approximately $2.4 million in ADA due to vulnerabilities in its wallet software, as reported by CoinDesk. The team managed to secure an additional 129 million ADA before further losses occurred, but estimated total liabilities could surpass $20 million following a complete audit.
4 days ago·CoinDesk·Reported by Oliver Knight
OpenAI Launches Jalapeño, Its First Custom AI Chip
OpenAI has unveiled Jalapeño, its first custom artificial intelligence chip, developed in collaboration with Broadcom. The chip is specifically designed for inference in large language models and aims to lessen OpenAI's dependence on Nvidia hardware, according to a report from Decrypt.
4 days ago·Decrypt·Reported by Jason Nelson
Trump Cancels CBDC Ban Signing, Pushes for Election Legislation
President Donald Trump canceled a planned signing ceremony for a bipartisan housing bill that included a four-year ban on central bank digital currencies (CBDC) as he demands the passing of the SAVE America Act, focusing on voter identification. CoinDesk reports that this delay could impact the timeline for the Digital Asset Market Clarity Act, crucial for the crypto industry.
4 days ago·CoinDesk·Reported by Jesse Hamilton
Ex-FCA Insider Discusses UK Crypto Policy Challenges
Isadora Arredondo, a former UK Financial Conduct Authority official, discusses the challenges and competing priorities hindering the UK's ambitions to establish itself as a crypto hub, according to CoinDesk. She highlights a significant gap between policy intentions and actual implementation, which complicates the regulatory landscape for startups compared to larger institutions.
4 days ago·CoinDesk·Reported by Olivier Acuna
Trump Cancels Signing of Housing Bill with CBDC Ban, Calls It 'Minor Importance'
President Donald Trump canceled the signing of a bipartisan housing bill that includes a ban on U.S. central bank digital currency. He stated he would only sign the bill after Congress passes another controversial voting rights bill, as reported by Decrypt.
4 days ago·Decrypt·Reported by Sander Lutz
Bitcoin Drops Below Rainbow Chart's Base Level into 'BTC is Dead' Zone
Bitcoin has fallen below the lowest band of the Rainbow Chart for only the second time, entering a zone historically labeled as 'Bitcoin is Dead.' Analysts are divided on whether this dip indicates undervaluation or reflects the diminishing relevance of the chart as market dynamics evolve, according to CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
Eco CEO Critiques Banking Lobby's Stance on Stablecoins and Community Banks
Eco CEO Ryne Saxe argues against the banking lobby's claim that stablecoins will weaken community banks, highlighting that stablecoins represent a significant advancement in payment infrastructure. This perspective appears in an opinion piece on CoinDesk dated June 24, 2026.
4 days ago·CoinDesk·Reported by Ryne Sax
Strategy Shares Fall Below $100 as Bitcoin Declines to Two-Week Low
Shares of Bitcoin treasury giant Strategy dropped below $100 for the first time since March 2024, coinciding with a dip in Bitcoin prices, which fell to $60,935. The developments signal growing investor concerns surrounding the $52 billion Bitcoin accumulator and were reported by Decrypt.
4 days ago·Decrypt·Reported by Andrew Hayward
Gold, Silver, and Bitcoin Decline as Debasement Trade Unravels
Gold, silver, and Bitcoin have seen significant declines as markets react to expectations of Federal Reserve interest rate hikes, according to CoinDesk. Gold has fallen 28% from its peak, silver over 50%, while Bitcoin has shown varying performance against these metals.
4 days ago·CoinDesk·Reported by James Van Straten
Bitcoin Price Forecast: 10x Research Predicts Drop to $55,000
10x Research founder Markus Thielen forecasts that Bitcoin could fall to $55,000 before finding a potential bottom later this year, as reported by CoinDesk. With a strengthening U.S. dollar and a hawkish turn from the Federal Reserve, he suggests that patience may be required until late August for market recovery signals.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Aave and Internet Computer Lead Performance in CoinDesk 20 Update
On June 24, 2026, Aave (AAVE) recorded a gain of 5.9% in the CoinDesk 20 Index, which increased 0.5% overall, according to CoinDesk. Internet Computer (ICP) also performed well, rising by 2%.
5 days ago·CoinDesk·Reported by CoinDesk Indices
CZ Seeks to Reshape Image and Boost U.S. Crypto Liquidity
Changpeng Zhao, founder of Binance, aims to clarify misconceptions about himself and the exchange. He emphasizes the importance of enhancing liquidity for U.S. crypto traders in an interview with CoinDesk.
5 days ago·CoinDesk·Reported by Nikhilesh De
Standard Chartered Projects Aave Price Target of $3,500 by 2030
Standard Chartered's Geoff Kendrick forecasts Aave could reach $3,500 by 2030, a 50-fold increase from current levels. The projection reflects Aave's recovery from a previous April market disruption and its potential growth linked to decentralized finance, as reported by CoinDesk.
5 days ago·CoinDesk·Reported by Will Canny
Meta Develops Prediction Market Platform Called Arena
Meta is working on a prediction market platform known internally as "Arena," according to a report from the New York Times. The product is currently based on points instead of real money, strategically avoiding gambling regulations. This initiative ties into Meta's broader interest in crypto and finance, reflecting a competitive market landscape.
5 days ago·Decrypt·Reported by Tyler Warner
DOJ Seizes Huione Infrastructure Linked to Crypto Laundering
The U.S. Department of Justice seized a cloud computing account connected to Cambodia's Huione Group, a conglomerate allegedly involved in laundering billions in proceeds from cyber scams. This action disrupts the infrastructure of what the DOJ calls one of the world's most notorious criminal marketplaces, according to Decrypt.
5 days ago·Decrypt·Reported by Decrypt Agent
Litecoin’s Fourth Reward Halving Could Affect Market Trends
Litecoin's upcoming halving, expected around July 27, 2027, may influence its price positively, according to CoinDesk. Historical patterns suggest LTC may bottom out months in advance, potentially offering traders an opportune buying window as DeFi initiatives gain traction.
5 days ago·CoinDesk·Reported by Omkar Godbole
Bitcoin Maintains $62,500 as Market Faces Bearish Pressure
Bitcoin holds above $62,500, while ether is near $1,665, as bearish sentiment prevails in the crypto market, according to CoinDesk. Widening put skews indicate increasing downside pressure, signaling that investors are wary as trading volumes in derivatives fall.
5 days ago·CoinDesk·Reported by Oliver Knight
YZi Labs Ends Proxy War with CEA Industries Over Governance
YZi Labs has reached a cooperation agreement with CEA Industries, a company linked to the BNB treasury, following a leadership overhaul. Key figures from YZi Labs, including Ella Zhang and Matthew Roszak, have been appointed as directors while Alex Odagiu serves as interim president, as reported by CoinDesk.
5 days ago·CoinDesk·Reported by Jamie Crawley
Cboe Returns to S&P 500 Binary Options, Competing with Prediction Markets
Cboe is reintroducing binary options for the S&P 500, a betting structure it last offered over a decade ago. This move aligns with growing mainstream interest in prediction markets seen on platforms like Polymarket and Kalshi, according to CoinDesk.
5 days ago·CoinDesk·Reported by Shaurya Malwa
Farage Faces Investigation Over $6.7M Gift from Tether Stakeholder
Reform UK leader Nigel Farage defends a £5 million ($6.7 million) gift from Tether stakeholder Christopher Harborne, calling it a private matter. The Parliamentary Standards Commissioner is examining whether Farage should have declared the gift following his 2024 election, amid questions over potential ties to political advocacy, according to Decrypt.
5 days ago·Decrypt·Reported by Decrypt Agent
Bitcoin Transactions Reach Two-Year High Driven by Runes Protocol
Bitcoin has surpassed 820,000 daily transactions, marking the highest count in over two years, largely due to increased activity related to the Runes protocol, according to CoinDesk. Runes generated 25% of all transaction fees, demonstrating significant utility on the Bitcoin network even amidst a bear market.
5 days ago·CoinDesk·Reported by James Van Straten
CryptoQuant Advises MicroStrategy to Halt Bitcoin Purchases
CryptoQuant recommends that MicroStrategy should stop buying Bitcoin to replenish its cash reserves, as stated in a report shared with CoinDesk. The analytics firm highlights a significant drop in Strategy's cash coverage and a $10.6 billion unrealized loss affecting its preferred stock, STRC.
5 days ago·CoinDesk·Reported by Shaurya Malwa
Senate Democrats Call for Hearings on Trump's $500M UAE Crypto Deal
Senate Democrats demand hearings regarding a $500 million investment from UAE officials in Donald Trump's crypto venture, World Liberty Financial. The investment concerns lawmakers, who allege it influenced U.S. policy towards the UAE, according to CoinDesk.
5 days ago·CoinDesk·Reported by Omkar Godbole
Bitcoin OG Investors Reduce Selling Activity, Signaling Market Stability
According to CoinDesk, long-term Bitcoin holders, referred to as "OGs," have significantly decreased their selling activity, reaching the lowest levels in nearly two years. This shift may indicate a stabilization in the Bitcoin market after aggressive selling in previous years, as these investors appear to be opting for long-term holding strategies.
5 days ago·CoinDesk·Reported by Omkar Godbole
Wintermute Predicts Bitcoin Could Hit $59,000 Amid Diminishing Liquidity
Wintermute forecasts Bitcoin may decline toward $59,000 due to decreasing liquidity, as reported by CoinDesk. This prediction comes amid a backdrop of correlated asset movements and the absence of fresh institutional interest in exchange-traded funds (ETFs).
5 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Approaches $62,000 Amid Semiconductor Sell-Off
Bitcoin nears $62,000 as a fresh decline in semiconductor stocks pressures risk assets globally, according to CoinDesk. This slide contributes to a broader trend seen in crypto markets, where major tokens have also experienced losses, reflecting a significant outflow from U.S. spot bitcoin ETFs over the past month.
5 days ago·CoinDesk·Reported by Shaurya Malwa
Crypto PAC Supports Adrian Boafo's Maryland Primary Win with $5.5 Million
Adrian Boafo, a Democratic state delegate in Maryland, receives $5.5 million in backing from the Fairshake super PAC for his successful primary campaign. The support from the crypto industry highlights the increasing political influence of cryptocurrency advocates, as reported by CoinDesk.
5 days ago·CoinDesk·Reported by Jesse Hamilton