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Brian Quintenz, President Trump\’s pick to chair the CFTC, states blockchain is a foundational technology set to transform society beyond finance. He stresses the urgent need for clear crypto regulations to ensure US leadership and protect against bad actors. With extensive global policy experience, Quintenz aims to help Congress build a comprehensive framework for digital asset markets, fostering innovation while maintaining robust user protection and market integrity

On Monday, June 10, US crypto stocks, including top miners and firms like Circle, rallied alongside Bitcoin. More public companies are now buying Bitcoin for their treasuries, hoping to boost their stock prices. While Bitcoin topped $110,000, Robinhood\’s shares dipped after it wasn\’t added to the S&P 500 index.

Bitcoin\’s Coinbase Premium hit a four-month high, signaling strong US buyer interest. Meanwhile, 550,000 Bitcoins have left exchanges in under a year, reducing supply. Analysts see these trends as positive for Bitcoin\’s price, with \”no signs of overheating\” suggesting continued growth into late 2025.

Crypto users are discussing how artificial intelligence could take over jobs, a topic now trending more than crypto itself on social media. People are also exploring AI agents and decentralized infrastructure. Beyond AI, big crypto investors and specific digital coins like Solana and memecoins are drawing significant attention online.

Five individuals have admitted guilt in a $37 million crypto scam targeting Americans. The fraudsters used social media to gain trust, then funneled stolen funds through shell companies and US banks to Cambodia. This marks a win for the US crackdown on international crypto crime.

Cetus, a crypto trading platform on Sui, is back online after a $220 million hack in May. It fixed the bug, restored most user funds using loans and reserves, and is going open-source to boost security. A compensation plan will also give users CETUS tokens to cover losses over time.

Argentina’s anti-corruption agency says President Javier Milei didn’t break any rules when he posted about the LIBRA memecoin. They ruled he was sharing a personal opinion, not acting as president. The crypto later crashed, causing big losses. A court is still investigating, but critics say the case wasn’t properly handled.

Michael Saylor dismissed quantum computing fears as hype used to promote “yo-yo” crypto tokens. He argued real quantum breakthroughs wouldn’t be released by tech giants like Google, as it would endanger global systems. Even if a threat emerged, Bitcoin could be upgraded. He emphasized phishing poses a far greater risk to Bitcoin holders than quantum technology.

Metaplanet shares jumped over 12% after unveiling a $5.4 billion plan to buy 210,000 Bitcoin by 2027. If successful, it would become the second-largest public Bitcoin holder, behind Strategy. The stock is up over 1,700% since 2024.

Michael Saylor hinted at another Bitcoin purchase following Strategy’s $1 billion stock offering. The company recently bought 705 BTC, bringing its total to 580,955 BTC. With a 50% unrealized gain, Strategy remains the largest known corporate Bitcoin holder.

VanEck, 21Shares, and Canary Capital urged the SEC to return to approving ETF applications based on who files first. They say the current system discourages innovation and rewards latecomers. As crypto ETF filings rise under Trump’s administration, delays continue, especially for altcoin and staking ETFs, with many decisions pushed to October, frustrating industry players.

Donald Trump says his official memecoin reflects how much support he has from the public. However, the token is down 85% from its peak. In July, $520 million worth of TRUMP tokens will be released, which could lower the price even more. Trump’s son promised to buy more tokens, but the market barely reacted.