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Ethereum Extends Winning Streak to 6 Weeks, Inflows Hit $1.19 Billion
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive […]
Bitcoin's 8% correction flushed leverage but set stage for short term turbulence
Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […]
Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul
The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project […]
Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night
Geneva, Switzerland, June 2, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas. TRON DAO kicked off the week as a top tier sponsor for Code + Country's America 250 […]
Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto
Sberbank, Russia’s largest lender, has introduced a new structured bond product offering exposure to Bitcoin (BTC), marking a significant step in integrating cryptocurrency-linked instruments into the country's regulated financial ecosystem. The product, currently available on the over-the-counter market to a limited pool of qualified investors, allows returns based on the performance of Bitcoin's US dollar […]
SOL Strategies Reports $3.5 million Income Loss for Q2 2025
SOL Strategies, a Canadian public company focused on Solana infrastructure, reported a net loss in the second quarter even as revenue from staking and validating surged. The company, which trades on the Canadian Securities Exchange (CSE) under the ticker HODL, reported a net loss of CA$4.8 million ($3.5 million) for the second quarter of 2025, […]
Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings
Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC). The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them. Strategy intends to use […]
Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer
Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC. Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […]
WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing
World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, […]
VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat
The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEck's head of digital assets research Matt Sigel wrote in a June 2 post on X. He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in […]
Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion
Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion. According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share […]
Circle boosts IPO amid strong investor interest, eyes $7.2B valuation
Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised […]
SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Key points: Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate. Ether and select altcoins are trying to bounce off their strong support levels, signaling buying on dips. Bitcoin (BTC) failed to sustain above $105,000, indicating a lack of demand at higher levels. Research firm […]
Pi Network banks on gaming to revive ecosystem amid token’s 17% decline
The Pi Network is shifting focus to gaming as part of its broader effort to revive user engagement and restore confidence in its ecosystem. On May 30, the Core Team announced plans to use interactive entertainment to boost engagement and unlock new use cases for its native token and app infrastructure. The move follows the […]
Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition
Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on […]
Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users
“We’re not early anymore.” That is the mantra echoing across Crypto Twitter today. Last week, 35,000 people attended Bitcoin 2025, including Bitcoin enthusiasts, U.S. senators, White House staff, BlackRock analysts, and even once-imprisoned Silk Road founder Ross Ulbricht. The spot price is well above $100,000, and Bitcoiners are celebrating ‘going mainstream.’ But behind the standing […]
Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 million
The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report. However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines. CoinShares' Head of Research, James Butterfill, pointed to growing economic uncertainty in […]
Tether shut out of Juventus capital raise despite increased investment
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge. According […]
Hackers now pose as security companies to frame victims while stealing private keys
Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies. Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress. This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and […]
US government has now lost $21 billion selling seized Bitcoin we once fought to freeze
Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and crush the market, or worse, wield it as monetary power. Yet in March, the White House quietly ordained those same confiscated coins part of a new […]