Crypto News

A new ranking of crypto-friendly U.S. states puts New Hampshire at the top despite its steep electricity prices and lack of bitcoin mining activity. The state scores high due to its zero capital gains tax, lack of restrictive crypto regulation and a dense network of crypto-accepting businesses and ATMs.The study, conducted by digital mining hardware maker ASICKey, evaluated all 50 states using seven weighted factors: capital gains tax, regulatory environment, crypto adoption in business, job availability, ATM density, electricity cost, and mining presence. Tax policy and business usage were given the most weight.New Hampshire earned the highest score — 71.22 out of 100 — with 4.4 crypto businesses and 9.3 ATMs per 100,000 people. Wyoming followed with a score of...

As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.Source link

The fan token of French football club Paris Saint-Germain (PSG) surged over 18%, rising from $1.98 to $2.34, following its impressive 5-0 victory against Inter Milan. This increase came after a significant decline of 28.5% in the token’s value from May 30 to June 1. PSG Adds Bitcoin to Its Treasury On June 2, theSource link

Geopolitical tensions and regulatory uncertainty continue to shape cryptocurrency markets as Cardano ADA experiences volatile price action between $0.664 and $0.690. Despite strong network fundamentals, including surpassing 110 million total transactions, ADA faces downward pressure amid broader market concerns about inflation and monetary policy decisions.Technical AnalysisADA-USD exhibited a volatile 24-hour trading range of 0.026 (3.85%), forming a consolidation pattern between $0.664 and $0.690.Significant resistance encountered at $0.690 with high-volume rejection during the 01:00 hour.Strong support established at $0.665 with notable buying pressure emerging at the 10:00 and 12:00 hours.4-hour moving average suggests a slight bearish bias, with price currently testing mid-range level around $0.672.Clear resistance zone formed around $0.676, with peak volume during the 13:36-13:40 period.Pullback to $0.668 at 14:00...

Hong Kong-Based Reitar Logtech joins a growing list of companies looking to build Bitcoin treasuries.Source link