Odaily Planet Daily News Chain staking and income agreement HashPower announced the completion of a $4 million strategic financing, with investors including HashKey Capital, FBG Capital, Hailstone Labs and DePIN X Capital. This round of financing will accelerate HashPower's vision: to expand global decentralized mining capabilities, optimize staking income, and build digital assets and AI infrastructure with real-world application value through an on-chain, permissionless approach. This financing is based on the important results of HashPower's continued expansion of the ecological and technical landing foundation. Previously, HashPower has signed a memorandum of cooperation (MOU) worth $60 million with many projects including Aethir, Multiple Network, XPIN Network, Planck Network, DI Foundation, Inferix, Bitcoin on Base and Automata Network. The parties will carry out in-depth cooperation in the fields of ecological growth, joint research and development, and decentralized mining, computing power and AI infrastructure deployment. HashPower allows users to obtain mining and staking income from multiple high-quality projects through staking without holding hardware. By connecting real-world infrastructure with the DePIN + AI-driven token economic model, HashPower opens the door for users to participate in the PoS (Proof of Stake) mechanism and directly obtain tokenized computing power benefits on the chain. Currently, HashPower relies on its global distributed node network to provide users with stable staking income and infrastructure services through innovative, secure, and user-friendly platform protocols, accelerating the intelligent and inclusive development of decentralized finance.

According to BlockBeats, Matrixport's recent weekly report highlights a slowdown in Bitcoin's upward momentum, coinciding with emerging cracks in the U.S. macroeconomic landscape. Two key economic indicators have recently hit multi-month lows, yet most investors remain focused on ETE fund flows. Financing dynamics, stablecoin activities, and forward-looking data suggest potential larger-scale market changes. As U.S. macroeconomic data begins to soften, an uncertain period may be approaching. The recent strong demand likely stems from market anticipation of U.S. President Donald Trump's tariff policies, accelerating order execution. However, this activity appears to be normalizing. Policymakers may be cautious about prematurely easing policies due to concerns that tariff policies could reignite inflation pressures. Previously, it was noted that Bitcoin would confirm its bullish trend upon surpassing $84,500. Considering potential market uncertainties during the summer, last week's report advised traders to take moderate profits. Despite recent price softness, the trend model remains bullish, only turning bearish if Bitcoin falls below $96,719—a level that remains intact but is nearing. Given the weakened momentum, profits have been locked in. With early signs of economic data weakness emerging, a period of economic turbulence lasting over two months may be on the horizon. In such a market environment, Bitcoin is unlikely to sustain uninterrupted growth, especially as the Federal Reserve is not yet prepared to cut interest rates and inflation expectations remain high.

Elon Musk just watched $27 billion vanish from his net worth after his public clash with President Donald Trump blew up into a full-on political war. The fight dragged Elon’s name through the mud on Capitol Hill, sent Tesla stock crashing, and exposed just how fast Republican loyalty can disappear. Despite still holding onto the […] source: https://www.cryptopolitan.com/elon-feud-trump-costs-him-27b-maga-allies/

As President Lee Jae-myung takes office, South Korea is moving toward legalising tokenised securities, with bipartisan support behind legislation that could soon enable STOs tied to real estate, art, and other assets.

The fraud prevention firm ThreatFabric says an alarming new banking malware is evolving to more effectively avoid detection and steal personal data. Security researchers at ThreatFabric say Crocodilus, a new and sophisticated strain of malware that targets mobile banking apps and crypto wallets on Android phones. source: https://dailyhodl.com/2025/06/06/hackers-target-android-users-bank-accounts-as-new-malware-becomes-global-threat

Cryptocurrencies offer both opportunities and risks: from staking and diversification to fraud and regulation – here's what investors need to know. The article The opportunities offered by cryptocurrencies as an investment was first published on Crypto Valley Journal. source: https://cryptovalleyjournal.com/education/basics/the-opportunities-offered-by-cryptocurrencies-as-an-investment/?utm_campaign=rss_reader&utm_medium=rss&utm_source=feed_source&utm_content=The+opportunities+offered+by+cryptocurrencies+as+an+investment

According to BlockBeats, CMC Markets analyst Carlo Pruscino has indicated that the Federal Reserve is expected to maintain interest rates this month. However, an unexpected rate cut could potentially drive Bitcoin to new highs. If the Fed lowers rates earlier than anticipated, Bitcoin's price might surge to $112,000. Pruscino noted that if the next two rate cuts occur sooner than expected, it could significantly impact the future price trends of Bitcoin and other cryptocurrencies. Traders currently view $112,000 as a crucial psychological target. He also mentioned that the Federal Reserve has "sufficient data" to make its decision, but uncertainties remain due to U.S. President Donald Trump's tariff policies. The U.S. employment report, set to be released by the Bureau of Labor Statistics on June 6, will be a key indicator for the Fed's rate decision and Bitcoin's short-term price movement.

According to information from Bitcoin Magazine, the historic block included 1,562 transactions with an average fee rate of ~3 sat/vB, […] The post Bitcoin Hits Historic Milestone as Block 900,000 Is Mined appeared first on Coindoo. source: https://coindoo.com/bitcoin-hits-historic-milestone-as-block-900000-is-mined/

Tensions are boiling in Trump’s crypto orbit after a Trump family-linked company issued a cease-and-desist to stop the launch of a Trump-branded wallet. source: https://cryptonews.com/news/trump-backed-world-liberty-foundation-sends-cease-and-desist-over-trump-wallet-plans/

The ongoing public feud between Elon Musk and President Donald Trump has minted a wave of new Solana coins; one of them being the "Kill Big Beautiful Bill" (KBBB) memecoin.

The partnership aims to accelerate financial inclusion and unlock global liquidity for African enterprises through the use of USD₮, Tether’s […] The post Tether Makes New Investment to Expand Blockchain Finance Across Africa appeared first on Coindoo. source: https://coindoo.com/tether-makes-new-investment-to-expand-blockchain-finance-across-africa/

Coinbase announces Fartcoin and Subsquid added to listing roadmap, sparking market interest. source: https://coincu.com/341849-coinbase-roadmap-fartcoin-subsquid

Sam Altman was suddenly fired as OpenAI’s CEO in November 2023 but returned just five days later after strong backlash from staff and support from Microsoft. The drama is now being turned into a film called Artificial, with filming set to begin this summer.

Poșta Română, Romania’s largest postal service, will install Bitcoin ATMs and crypto terminals as part of its drive to modernise through digital innovation and connect public services with emerging financial technologies.

The Strategic ETH Reserve is a public initiative that encourages entities — whether public companies, DAOs, protocols, or media organizations — to intentionally add ETH to their balance sheets as a long-term strategic asset.

Elon Musk and Donald Trump have publicly clashed over a new government budget bill that cuts electric vehicle subsidies, sparking threats to end Musk’s government contracts. Musk also proposed creating a new political party for the “middle 80%” and accused Trump of involvement in the Epstein scandal, intensifying their conflict.

South Korean entertainment powerhouse K Wave Media has entered an agreement to raise up to $500 million by selling ordinary shares, with a significant portioned channeled to building a Bitcoin-focused treasury.

Circle debuted on the NYSE under the ticker CRCL at $31 per share, raising over $1 billion after multiple IPO upsizings—signalling strong investor confidence in its stablecoin strategy.

World Liberty Financial issued a cease-and-desist against the $TRUMP Wallet, escalating tensions in the Trump family’s crypto sphere. The wallet’s site went dark Thursday, and Magic Eden’s ME token plunged, highlighting market sensitivity to branding disputes tied to Trump ventures.

The relationship between US President Trump and the world's richest man Musk is breaking down at an alarming speed, and their verbal abuses on their respective social media platforms are escalating.