Day

June 5, 2025

Trump’s crypto ties cloud digital assets legislation in Congress

June 5, 20250
Members in two House committee hearings debated a framework for digital assets while raising concerns about the US president using his position to profit from the industry.

Stablecoin giant Circle again boosts IPO, this time to $1.05 billion

June 5, 20250
USDC issuer Circle has upsized its initial public offering again, selling 34 million shares at $31 each.

Ethereum Foundation says next 18 months ‘pivotal’ amid new treasury policy

June 5, 20250
The Foundation backing the Ethereum blockchain has laid out a new treasury policy to ensure it allocates resources efficiently while supporting its DeFi ecosystem.

Ukraine arrests man for breaching hosting accounts to mine crypto

June 5, 20250
Ukrainian police claimed the man’s actions caused a server hosting company to suffer losses estimated at over $4.4 million.

Bitcoin eyes $115K by July, but strong US job data to threaten rally: Analysts

June 5, 20250
Bitfinex analysts tell Cointelegraph that Bitcoin could surge next month if US job data turns out to be weaker than expected.

Crypto.com sues Nevada gaming body over block on sports event contracts

June 5, 20250
The crypto exchange claims it is fully regulated, and the CFTC has jurisdiction over its sports contracts, not the state of Nevada.

Alleged French crypto kidnapping mastermind arrested in Morocco

June 5, 20250
Moroccan police arrested Badiss Mohamed Amide Bajjou, who is accused of being one of the ringleaders behind a spate of recent crypto-related kidnappings in France.

SEC wins $1.1M as alleged crypto conman a no-show in court

June 5, 20250
The SEC sued Keith Crews in 2023 alleging he ran a crypto fraud scheme, but he failed to answer the complaint, leading a judge to hand a default win to the regulator.

Bitcoin bulls’ biggest threat is 2-month ‘tariff ultimatums’ trap: Analyst

June 5, 20250
An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph.

California advances bill on unclaimed crypto and merchant payments

June 5, 20250
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
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