Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating.

Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.

Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind Crypto lending firm Ledn survived the crypto winter by being “boring, slow and safe,” according to a co-founder.

Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones Monthly plans on the purported mobile service provider range from $20 to $80 as of Monday.

Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.

Payrolls-Led Bitcoin, Ether Price Swoon Is ‘Buy the Dip’ Opportunity, Crypto Trading Firm Says Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.

Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.

Big Friday Crypto Selloff Pulls Bitcoin Below $70K Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis.

COPA Seeks Payment of 85% of Costs in Craig Wright Case The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.

GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

Customers Bank Said to Debank Some Digital Asset Hedge Funds The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.

First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.

U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0% Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.

Bitcoin Could Lift to $83K in the Coming Days, Analyst Says The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.

RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds A new market on betting application Polymarket has seen over $120,000 placed on Keith Gill making 10 figures on his GameStop equity and options holdings.

Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening.