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  • Stablecoin legislation to drive Bitcoin market cycle in 2025: Finance Redefined
    by Zoltan Vardai on June 6, 2025 at 6:00 pm

    Bitcoin’s consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules. 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 Li, investment partner and head of US at crypto venture capital firm Foresight Ventures.Meanwhile, venture capitalist (VC) interest has slumped. The number of VC deals closed recorded its lowest month of the year in May, with just 62 investment rounds resulting in $909 million raised.Read more

  • Tigran Gambaryan formally resigns from Binance following return to US
    by Vince Quill on June 6, 2025 at 5:02 pm

    The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria. Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6.The former Binance executive said he would remain in the crypto industry and highlighted his work aiding law enforcement investigations worldwide in a June 6 X post. Gambaryan added:“That is where I intend to continue making a difference, whether back in public service or with a mission-driven institution in the private sector,” Gambaryan said.Read more

  • Has Bitcoin been captured by politics and institutions?
    by Savannah Fortis on June 6, 2025 at 4:45 pm

    Bitcoin is now front and center at political conferences and corporate boardrooms. In this episode of Byte-Sized Insight, we’re at Bitcoin 2025 exploring whether it has been captured, or simply arrived. 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.In this week’s episode of Byte-Sized Insight, Cointelegraph’s Gareth Jenkinson explores whether politics and institutions have captured Bitcoin (BTC) or whether it has simply become too important to ignore.Read more

  • Price predictions 6/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
    by Rakesh Upadhyay on June 6, 2025 at 4:03 pm

    Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers. Key points:Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels.Several altcoins held their respective support levels, signaling a possible consolidation in the near term.Read more

  • Bitcoin rebounds to $105K, but is a 'bull trap' underway?
    by Marcel Pechman on June 6, 2025 at 3:20 pm

    Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays. Key takeaways:Leveraged bets and a bull trap setup drove Bitcoin’s drop to $100K.Recession fears and custody doubts keep Bitcoin from reclaiming $110K.Read more