Category: News

Can the AI Token Rally Further?

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BEAT, the native token of AI music platform Audiera, has exploded higher over the past month, surging more than 1,500% to a record high of $9.20 even as Bitcoin (BTC) and Ether (ETH) fell roughly 25% and 30%, respectively, in the same period. BEAT/USD vs. BTC/USD and ETH/USD 1-month price performance. Source: TradingView Key takeaways: Strong platform revenues mixed with excessive short liquidations send BEAT’s price higher. The AI token is now at its most overbought stage, which may prompt a 35% dip in the coming days. Why is Audiera’s…

Ethereum News: Consensys CEO Joe Lubin Sets 3–5 Year Timeline for a Fully ZK Ethereum

In the news today, Consensys CEO and Ethereum co-founder Joe Lubin said that ETH could become a fully zero-knowledge proof-based protocol within 3 to 5 years, anchoring that prediction to the Lean Ethereum proposal from Ethereum Foundation researcher Justin Drake, which targets 10,000+ transactions per second on mainnet via native ZK verification at Layer 1. Lubin’s remarks arrive as Ethereum’s Layer 1 continues to face throughput pressure and as Vitalik Buterin has publicly pulled back from characterizing rollups as a permanent architectural destination, with Buterin stating earlier in 2026 that…

AI Models Led to ‘Vulnerability Apocalypse’ in Crypto Security: Immunefi CEO

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New artificial intelligence (AI) models have shifted the cybersecurity playing field in favor of attackers, causing a “vulnerability apocalypse” that led to the resurgence in decentralized finance (DeFi) hacks, according to Mitchell Amador, the CEO of bug bounty platform Immunefi. The proliferation of new AI models, such as Claude Opus 4.8 and ChatGPT 5.5, is the main reason that led to the resurgence in crypto hacks in 2026, Amador told Cointelegraph at the recent WAIB Summit in Monaco. Hacking activity across the industry surged in April 2026, with illicit actors…

Japan’s Lower House Approves Landmark Bill to Regulate Cryptocurrency Like Traditional Stocks – SuperCryptoNews

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n a major regulatory shift, Japan’s House of Representatives has passed a critical piece of legislation that will transition the country’s cryptocurrency oversight from the Payment Services Act to the Financial Instruments and Exchange Act. This sweeping bill officially reclassifies digital assets as financial instruments, effectively aligning their regulatory framework with traditional stocks and other mainstream investment products. Expected to take effect in 2027, the comprehensive new rules aim to foster financial innovation and accommodate the rapidly growing global and domestic demand for digital asset services. The Financial Services Agency…

Morgan Stanley Exec Says $1 Million Bitcoin Is Possible

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Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin Stories, Oldenberg framed the next phase of Bitcoin adoption less as a sudden “J curve” and more as a gradual institutional buildout, led by product access, adviser education, custody infrastructure and client demand. Her comments come as Morgan Stanley continues expanding its digital…

Bitcoin price confirms rounding top breakdown, risks drop below $50K

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Bitcoin has confirmed a major rounding top breakdown after losing the $65,000 support zone, with technical indicators and derivatives positioning pointing to a possible decline toward the mid-$40,000 range. Summary Bitcoin price has broken below the neckline of a major rounding top pattern, with the chart projecting a downside target near $47,000. Spot Bitcoin ETFs recorded $213.8 million in outflows on June 10, extending a four-day withdrawal streak after a 13-day selloff that drained $4.33 billion. Liquidation clusters around $64,000-$65,000 remain a key resistance zone, while losing $60,000 support could…

Nasdaq-Listed Fold Sells $45M in Bitcoin, Clears $20M Debt and Frees Cash for Expansion

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Key Takeaways Fold Holdings wiped out $20 million in secured debt by selling part of its bitcoin holdings. Selling bitcoin at a $71,000 average price underscores corporate crypto treasury flexibility. CEO Will Reeves expects the $25 million cash injection to scale the Fold Bitcoin Credit Card. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid $20 million of bitcoin-collateralized debt, completely erasing its secured…

Ethereum Exchange Reserves Lose 475,000, Is The Red Month Of June A Time To Buy?

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Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…

Bitcoin’s next rally may depend on Congress, O’Leary says

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Kevin O’Leary says Bitcoin’s next major catalyst has not arrived yet, even after the asset moved through previous highs.  Summary Kevin O’Leary says regulation could unlock larger Bitcoin allocations from pension and sovereign funds. He argues crypto’s next phase may depend more on legislation than short-term speculation. O’Leary says one enterprise blockchain could become a major long-term business standard across sectors. The investor said large institutions remain cautious because digital assets still lack clear rules. In a post on X, O’Leary said pension funds, sovereign wealth funds and large institutions…

Is A Turning Point Near?

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…