Category: crypto

Pump.fun has launched a new bounty marketplace called GO with over 320 active tasks and $144,000 in rewards. Users can offer crypto payouts for various challenges, with the largest reward being under $700. Despite high payouts advertised, actual earnings have been modest. The platform aims to connect users globally through tasks.

Coinbase CEO Brian Armstrong argues that competition with China in the crypto industry could strengthen America and push Washington to improve crypto policy. He warns that strict regulations could benefit China and offshore stablecoin issuers. Armstrong frames crypto legislation as a national competitiveness issue, urging lawmakers to consider it in the context of America’s economic…

U.S. spot Bitcoin ETFs saw a $3.05 million inflow, ending a 13-day outflow streak that totaled over $4.4 billion since mid-May. BlackRock’s IBIT led the turnaround with $47.66 million in inflows. Spot Ether ETFs also returned to positive flows, while Hyperliquid ETFs continued their inflow streak. Bitcoin ETF assets remain below recent highs.

Kraken has launched tokenized access to the upcoming SpaceX IPO through its xStocks platform, allowing retail investors in over 110 markets to apply for tokenized shares backed by stock. SpaceX aims to raise $75 billion at a valuation of $1.8 trillion, potentially making it the largest IPO ever.

Travala has launched a new AI-powered hotel booking protocol called Travel MCP that allows agents to search, book, and pay for hotel stays using USDC on Base. The protocol supports over 2.2 million properties and enables near-instant payments at a cost of $0.01 per booking. Travala plans to expand the system to flights in the…

JPMorgan analysts suggest that passing the CLARITY Act is becoming increasingly difficult due to a busy legislative schedule and disagreements over key provisions. The bill, which aims to regulate digital assets, faces opposition from banks over stablecoin provisions. Senate action on the bill may not occur until August, delaying progress.

Chainalysis reported that the gray-market peptide trade has reached over $100 million annually, with sales increasing by 159% from the previous quarter. Peptide vendors are increasingly using stablecoins for payments to reduce exposure to Bitcoin price fluctuations. Concerns were raised about product safety and the lack of experience among buyers.

Standard Chartered has maintained its $100,000 Bitcoin price target despite the recent 15% decline in price. The bank believes the selloff may be coming to an end, with factors behind the decline starting to fade. They expect Strategy to resume Bitcoin purchases and see the current prices as an attractive entry point.

Apple is planning to use Nvidia’s Blackwell B200 chips in Google data centers for an overhaul of its Siri AI system. This move comes after tests on Apple’s Private Cloud Compute system failed to deliver the necessary performance. The announcement is expected to be made at the Worldwide Developers Conference in June.

Kalshi has launched CFTC-regulated Ethereum perpetual futures in the U.S., with plans to expand to other altcoins pending separate regulatory review. The company also introduced Bitcoin perpetual contracts and plans to use CF Benchmarks pricing data for future crypto products. Ethereum perpetual futures offer regulated leveraged exposure to ETH without an expiration date.