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Showing posts from June, 2025

China Continued Trimming Exposure to US Debt in April

China reduced its position on U.S. debt in April, reaching a 16-year record low in its holdings. The reduction is related to the ongoing tariff war scenario, where tensions between the two countries have escalated due to the enactment of sky-high fees. China Reduced U.S. Debt Exposure in April, Reached 16-Year Record Low Numbers emanating […] from Bitcoin News https://ift.tt/r2JhHVt

Trump Family Cuts Stake in World Liberty Financial

Donald Trump’s family business has quietly reduced its stake in World Liberty Financial from 60% to 40%, signaling a partial cash-out after the venture’s $550 million token sales surge. Trump’s World Liberty Stake Drops to 40% Amid Crypto Windfall The Trump family has discreetly reduced its ownership stake in World Liberty Financial, the president’s flagship […] from Bitcoin News https://ift.tt/K5EW8SB

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining

The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community Norway’s government announced June 20 its intention to implement a temporary ban on the establishment of new data centers engaged […] from Bitcoin News https://ift.tt/RxB7ibn

QCP Insights: Geopolitical Tensions Freeze Crypto Markets While Oil Holds Steady

Bitcoin and ethereum remain range-bound as traders hedge for potential downside risk, awaiting a macro catalyst, while oil and gold prices respond to Middle East tensions. Crypto Derivatives Point to Caution As Markets Brace for Macro Triggers Global markets appear to be in a holding pattern as traders digest ongoing geopolitical risks and prepare for […] from Bitcoin News https://ift.tt/hYEJxGf

Bitcoin Surpasses $100,000 for Over 40 Days, Hits New Uptime Milestone

Bitcoin has traded above $100,000 for over 40 consecutive days since May 7, a milestone for the top cryptocurrency, which also reached more than 6,000 days of continuous running time this month. BTC Unmoved by Global Events On June 19, Bitcoin logged more than 40 consecutive days trading above the $100,000 mark, a feat achieved […] from Bitcoin News https://ift.tt/xhFSlQm

‘Pump-and-Dump’ Alert: Nigeria Cracks Down on Meme Coins

The Nigerian securities regulator has issued a warning against Zugacoin and Samzuga GPT, labeling them as unauthorized crypto operations. Memecoins Tied to Pump-and-Dump Schemes The Nigerian Securities and Exchange Commission (SEC) has issued a public warning, labeling Zugacoin and Samzuga GPT as unauthorized crypto operations. The commission stated that the promoters and issuers of these […] from Bitcoin News https://ift.tt/XUf9yw5

Bitcoin Beaten: Stablecoins Shine as Wartime Remittance Tools

Marshall Long, an OG bitcoiner, recounted how he had to resort to stablecoins to send a remittance to a worker’s family in Iran. Long noted that stablecoins, rather than bitcoin, are more useful during times of strenuous conflict due to the availability of fiat ramps. Stablecoins, Not Bitcoin, Completed This Tricky Remittance A story posted […] from Bitcoin News https://ift.tt/7lcyBmZ

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior, […] from Bitcoin News https://ift.tt/6KwpPEc

Trump’s Tariffs Just Reshaped Bitcoin’s Backbone

Three major Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating their production to the United States. This move allows them to circumvent the punitive tariffs imposed on Chinese imports. Chinese Trio Dominate Global Mining Rig Market In what will be seen as a vindication of U.S. President Donald Trump’s tariff policies, three Chinese bitcoin […] from Bitcoin News https://ift.tt/kxrC0OB

Bitcoin Mostly Steady After Fed Leaves Rates Unchanged

The Fed’s decision didn’t significantly impact bitcoin’s price, but it will likely disappoint U.S. President Donald Trump who earlier in the day called Fed Chairman Jerome Powell “stupid” for not cutting rates. No Surprise, No Spike: BTC Relatively Flat Following Fed’s Decision to Maintain Rates The U.S. Federal Reserve, for the fourth time in a […] from Bitcoin News https://ift.tt/Q47cadi

Report: Libertarians Rally Behind Crypto Entrepreneur Roger Ver Before Midterms

Libertarians are mobilizing support for cryptocurrency entrepreneur Roger Ver, framing him as a victim of government overreach akin to Ross Ulbricht, in a bid to highlight his case before the upcoming midterm elections. Libertarian Party Advocates for the Release of Political Prisoner Roger Ver As Cassandra MacDonald reported in The Gateway Pundit, the Libertarian Party […] from Bitcoin News https://ift.tt/gWLkF7Z

Neo Pepe Coin Surpasses HYPE, Setting Astonishing New Records With 1.1 Million Raised

This content is provided by a sponsor. Hyperliquid (HYPE) is undoubtedly capturing market attention, but Neo Pepe Coin‘s presale activity is redefining standards for on-chain engagement. As speculative capital floods into emerging tokens, Neo Pepe Protocol distinguishes itself by blending meme-fueled excitement with a robust, transparent, and community-governed infrastructure. The project’s current presale, at Stage […] from Bitcoin News https://ift.tt/BVznvpU

Bipartisan Lawmakers File Resolution to Keep US Out of Israel-Iran Crossfire

Rep. Thomas Massie, R-Ky., announced that he and Rep. Ro Khanna, D-Calif., have rolled out a “bipartisan War Powers Resolution” designed to block U.S. involvement in the Israel-Iran conflict without first securing Congressional authorization. ‘This Is Not Our War’: Massie Files Resolution to Rein In Military Action Under Congressional Powers On Tuesday, Thomas Massie, a […] from Bitcoin News https://ift.tt/HCe2st0

Weekly ETF Recap: Bitcoin and Ether ETFs Draw Strong Institutional Demand With Combined $1.9 Billion Inflow

Bitcoin exchange-traded funds (ETFs) notched an impressive $1.39 billion in net inflows, while ether ETFs booked $528.12 million, marking their fifth consecutive green week and third-highest weekly inflow since launch. Bitcoin ETFs Post $1.39 Billion Weekly Inflow As Ether ETFs Record Third-Highest Ever Weekly Gain Investor appetite for crypto exposure via ETFs surged last week, […] from Bitcoin News https://ift.tt/hb1MHRu

Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle Markets

U.S. stocks bounced back into positive territory as crude prices plunged more than 4% in the past 24 hours and have now slid 8.74% since June 12. Analysts at Deutsche Bank note that oil’s trajectory could oscillate unpredictably in the months ahead. $76 to $70: Crude Collapses as Nuclear Talks Stall While much attention remains […] from Bitcoin News https://ift.tt/sKE4JRt

ZKJ Token Plummets More Than 60% in Flash Crash Amid Rug-Pull Allegations

On June 15, ZKJ, the native token of Polyhedra Network, suffered a sudden and steep collapse, plunging more than 60% from $1.98 to a record low of $0.7625 in just under two hours. ZKJ Revival Short-Lived On June 15, ZKJ, the native token of Polyhedra Network, suffered a flash crash, plummeting by more than 60% […] from Bitcoin News https://ift.tt/bY4wRhi

Trump on Middle East Chaos: ‘It’s Possible We Could Get Involved’ as Markets Brace for Fallout

On Sunday, June 15, 2025, the crypto economy edged up 0.92%, cruising at a total valuation of $3.29 trillion. Gold ticked higher by 1.37%, and silver posted a modest 0.17% gain against the U.S. dollar over the past 24 hours. Meanwhile, last week’s stock market momentum faded after an Israeli airstrike on Iran prompted a […] from Bitcoin News https://ift.tt/HvChLNK

$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at what’s still sitting onchain. Collapsed Crypto Entities Still […] from Bitcoin News https://ift.tt/meXnNsZ

Polymarket and Kalshi Traders Bet Big on Ethereum’s $6K Moonshot

Ethereum ( ETH) has had a bumpy year, tumbling 24% since Jan. 1 and sitting a whopping 48% below its peak price. But don’t count ETH out just yet—prediction markets are buzzing with optimism. Over on Polymarket, 25% of traders are betting ETH will hit $3,000 by the end of the month, while Kalshi’s wagers […] from Bitcoin News https://ift.tt/TjomAnV

Bank of Ghana Flags Yellow Card Affiliate and Hanypay as Unauthorized Entities

The Bank of Ghana (BoG) has issued warning to the public, financial institutions, and all relevant stakeholders regarding their engagement with two digital payment platforms, Yellow Card affilate Yellowpay and Hanypay. In a notice issued on June 11, the central bank stated that these entities are operating without the necessary licensing and approval within Ghana’s […] from Bitcoin News https://ift.tt/WaCtP6x

Corporate Stablecoins: A New Frontier or a Step Toward Centralization?

Stablecoins were built as a bridge between fiat currency and the crypto economy. And for a while, that bridge held. The Stablecoin Power Shift Tether’s USDT became the dominant trading pair across most exchanges, despite years of scrutiny over whether its reserves are truly backed 1:1 by U.S. dollars or equivalent assets like short-term Treasuries. […] from Bitcoin News https://ift.tt/YyCJOvG

Polymarket Data: Strait of Hormuz Closure Odds Nearly Double After Israel’s Strikes on Iran

As of June 14, the likelihood of Iran blocking or closing the Strait of Hormuz has risen to 47%, nearly doubling from 24% on June 11. Strait of Hormuz Closure Threatens Global Trade The odds of Iran blocking or closing the Strait of Hormuz, one of the world’s most critical maritime chokepoints, briefly rose to […] from Bitcoin News https://ift.tt/5gcAiYe

Ethereum ICO Time Capsule Cracks Open: Dormant Wallet Awakens After Nearly 10 Years

According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade. From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025 Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis […] from Bitcoin News https://ift.tt/hb9L5RX

Iran Unleashes Missile Blitz on Israel—Dow Tanks Over 800 Points

On Friday, around 2 p.m. Eastern time, reports show that Iran has begun counterstrikes firing “hundreds” of ballistic missiles toward Israel. Wall Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught CNN reported that the Israeli military said it identified incoming missiles launched from Iran, and the news station heard the explosions in Tel Aviv […] from Bitcoin News https://ift.tt/uyxem5z

Middle East Conflict Heats up and Bitcoin Drops, but Not by Much

Israel launched a pre-emptive attack on neighboring Iran late Thursday, triggering a retaliation on Friday. Markets tanked, but bitcoin’s dip wasn’t particularly dramatic, all things considered. Bitcoin Shows Resilience Despite Middle East Turmoil Israel sent 200 fighter jets to bomb various nuclear facilities in Iran on Thursday evening in an unprecedented pre-emptive attack that killed […] from Bitcoin News https://ift.tt/yOjMmtx

Sonic Labs’ S Token Now Spendable via Redotpay Crypto Card

Sonic Labs, previously known as Fantom, has revealed a partnership with Redotpay Card, enabling users to spend its native S token and stablecoins like traditional debit or credit cards. S Token Gains Real-World Spending Utility Through Redotpay Card The card, functional wherever Apple Pay or Google Pay is accepted, aims to increase the everyday usability […] from Bitcoin News https://ift.tt/n8dliKj

NYSE-Listed DDC Increases Bitcoin Treasury by 38 Coins, Yield Up 22%

DDC Enterprise Ltd. increased its bitcoin holdings by purchasing an additional 38 coins this week, the NYSE-listed Chinese company announced Thursday. DDC Enterprise: Bitcoin Holdings Reach 138 BTC After New Buy The acquisition raises DDC‘s total corporate bitcoin treasury to 138 BTC worth $14.85 million. The company stated the purchase was made at an “optimized […] from Bitcoin News https://ift.tt/BCrudkX

Bitcoin Dips and Trump Calls Jerome Powell a ‘Numbskull’

Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. […] from Bitcoin News https://ift.tt/xl3sH4w

Trident Digital Tech Unveils $500M XRP Treasury Initiative

Nasdaq-listed tech firm Trident Digital Tech announced on June 12 its initiative to raise up to $500 million to create one of the world’s first large-scale corporate XRP treasuries. Trident to Collaborate with Infrastructure and Application Projects Trident Digital Tech Holdings Ltd (Nasdaq: TDTH), a Singapore-based leader in technology optimization and Web 3.0 activation, announced […] from Bitcoin News https://ift.tt/I6MxWN8

Tokenized US Treasuries Grow by $340M in Just Under Three Weeks

Data reveals that over the past 19 days, the tokenized U.S. Treasuries sector has expanded by 4.86%, amassing an additional $340 million. $340M Shift to Tokenized Treasuries Signals Institutional Embrace As of June 12, 2025, the blockchain-integrated U.S. Treasury fund market is valued at $7.34 billion, according to rwa.xyz stats. Since May 24, the sector […] from Bitcoin News https://ift.tt/xTHXc21

Crypto King in the Shadows: Satoshi Clocks in Among Top 10 Wealthiest Individuals

As of Wednesday, June 11, 2025, the latest figures show that Satoshi Nakamoto has officially joined the ranks of the world’s ten wealthiest individuals—all thanks to a treasure trove of just over 1 million BTC, valued at today’s exchange rate. $119B and Counting: Bitcoin’s Mysterious Founder Climbs the Wealth Ladder Bitcoin’s elusive creator—the still-anonymous mind […] from Bitcoin News https://ift.tt/Rx2McEq

Crypto Exchanges With Lowest Fees: Complete Trading Guide by ChicksX

This content is provided by a sponsor. Exchange Fee Comparison Table Which Exchange Has the Lowest Crypto Fees? Finding crypto exchanges with lowest fees takes research. After testing dozens of platforms, ChicksX offers the best balance. Their flat 0.1% trading fees beat most competitors while keeping things simple. P2P exchanges show zero trading fees on […] from Bitcoin News https://ift.tt/JMejoz9

Nasdaq Listed Fitness Firm Makes Power Play With FET as Altcoins Storm Corporate Treasuries

Publicly traded firm Interactive Strength Inc., the parent company of fitness brands CLMBR and FORME, announced plans to add FET tokens to its corporate reserves. Altcoin Fever: TRNR Buys Into Fetch.ai to Build World’s First AI Token Treasury The trend of businesses holding altcoins in their treasuries continues to gain traction. On Wednesday, Interactive Strength […] from Bitcoin News https://ift.tt/OpYRAPD

Bitcoin Trades Sideways Despite Positive Inflation Data and Successful US-China Trade Deal

The cryptocurrency continued to hover just below $110K on Wednesday morning even as positive market data buoyed stock markets, before dipping below $109K later in the afternoon. BTC Holds Steady as Inflation Eases and US-China Trade Deal Boosts Market Sentiment A victory lap may be in the cards for the Trump administration as it successfully […] from Bitcoin News https://ift.tt/48bY6x3

Pyth Network Publishes Real-Time Prices for 100 Major ETFs

Pyth Network has launched real-time price feeds for over 100 major exchange-traded funds, including products from Blackrock, State Street, and Vanguard, with onchain access to data representing more than $8 trillion in assets. New Pyth Integration Brings Live ETF Prices to DeFi Builders Pyth Network has introduced real-time exchange-traded fund (ETF) price feeds, enabling blockchain […] from Bitcoin News https://ift.tt/fFlu0K3

Aave Expands to Sony Backed Soneium L2

Aave has deployed its decentralized finance protocol on Soneium, an Ethereum layer two (L2) developed by Sony Block Solutions Labs. Sony’s Soneium Welcomes DeFi Giant Aave to Its L2 Network Aave, a major decentralized finance (defi) protocol, has launched on Soneium, a new Ethereum L2 developed by Sony Block Solutions Labs, a joint venture between […] from Bitcoin News https://ift.tt/VvhPbZc

No One Fell for It: Paraguay’s Bitcoin Legal Tender Announcement Was a Zero-Sum Hack

A recent social media post by President Santiago Peña announcing the enactment of bitcoin as Paraguay’s legal tender, shook the crypto community. Nonetheless, this turned out to be a scheme by attackers who gained control of the account and tried to take advantage. Attackers Compromise Paraguay’s President X Account, Announce Bitcoin as Legal Tender Paraguay […] from Bitcoin News https://ift.tt/nDbXip7

56% of Fortune 500 Firms Pursue Onchain Projects: Coinbase

A majority of Fortune 500 firms are now developing onchain initiatives, with blockchain adoption also gaining momentum among small and midsize businesses, according to new data published by Coinbase. Blockchain Adoption Is Rising, According to the Latest State of Crypto From Coinbase Research released by Coinbase this week reveals that 56% of Fortune 500 executives […] from Bitcoin News https://ift.tt/zF8rUeL

Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase

Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start of […] from Bitcoin News https://ift.tt/pifGcs7

Circle’s Meteoric Rise Spurs CRCL ETFs From Proshares and Bitwise

Two new single-stock exchange-traded funds (ETFs) have filed to launch in order to capitalize on the explosive debut of Circle Internet Group (CRCL), which has surged 266% since its IPO last Thursday and now trades at $113 per share. Proshares and Bitwise Capitalize on CRCL’s Market Frenzy With New Funds Proshares and Bitwise are introducing […] from Bitcoin News https://ift.tt/oq7XBzD

Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System

Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a level playing field by reducing the reliance on third-party hosted software, thereby […] from Bitcoin News https://ift.tt/KYCFSVI

Cetus Protocol Relaunches After $220M Hack, Restores Liquidity

Cetus Protocol has relaunched just two weeks after a significant hack that compromised its concentrated liquidity market maker pools. Normal Users’ LP Functions to Resume Cetus Protocol, a leading decentralized exchange (DEX) and concentrated liquidity market maker (CLMM) on the Sui and Aptos blockchains, has relaunched just two weeks after a sophisticated hack severely impacted […] from Bitcoin News https://ift.tt/XjOKvp9

Prediction Market Frenzy: Musk-Trump War Fuels Bizarre Political Wagers

Ever since tensions flared between Elon Musk and Donald Trump, markets have seesawed and social media has lit up with fiery takes on the so-called “Big Beautiful Bill.” The clash between the sitting U.S. president and the world’s wealthiest individual has also sent prediction markets into a frenzy. One wager, with $134,277 in action, pegs […] from Bitcoin News https://ift.tt/3K2JeiD

Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia

Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to Establish Prices in Bolivia Stablecoins are becoming increasingly popular in […] from Bitcoin News https://ift.tt/lDSkdxy

Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows

On Sunday, June 8, bitcoin’s price climbed past the $106,000 mark, though the top crypto token has barely budged over the past seven days, gaining just about 1%. Meanwhile, coins like ravencoin, spx6900, and internet computer have been stealing the spotlight with eye-catching double-digit growth. Crypto Market Fires Up — Double-Digit Gains Collide With Brutal […] from Bitcoin News https://ift.tt/ECg40qx

WBTC Delisting Fight Ends: Bit Global Drops Case Against Coinbase

Bit Global has officially dropped its $1 billion lawsuit against Coinbase, with both firms agreeing to dismiss the case with prejudice, according to a joint court filing submitted Friday. Antitrust Accusation Dropped The joint stipulation, filed in the U.S. District Court for the Northern District of California, confirms that the dispute between Bit Global Digital […] from Bitcoin News https://ift.tt/l03u7eP

If It Keeps the Pace, Blackrock’s IBIT Is on Track to Seize 1 Million BTC by Early 2026

Based on current data, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) collectively manage over 1.2 million BTC. Yet, two in particular—Blackrock’s IBIT and Fidelity’s FBTC—command a striking majority, accounting for more than 71% of that aggregate. Wall Street’s Bitcoin Giants: IBIT, FBTC, MSTR Tighten Grip on Bitcoin’s Scarce Supply Blackrock’s IBIT debuted on Wall […] from Bitcoin News https://ift.tt/hxydLDP

Report: ‘Bitcoin Family’ Ditches Hardware Wallets for Steel Seeds After Global Crypto Kidnapping Scare

According to a report from CNBC, the Taihuttu clan—better known as the ‘Bitcoin Family’—has revamped its security setup in light of a rising wave of crypto-related abductions across the globe. No More Hardware Wallets: Taihuttu Family Takes Cold Storage to Extremes Didi Taihuttu told CNBC’s MacKenzie Sigalos that his family has abandoned hardware wallets in […] from Bitcoin News https://ift.tt/gpLxMt2

Tether Fuels $2.5B Stablecoin Growth This Week

The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space. Stablecoin Market Swells by $2.5B in 7 Days As of now, data from defillama.com shows the stablecoin market […] from Bitcoin News https://ift.tt/3d9uzck

Polymarket, Elon Musk’s X Announce Prediction Market Partnership

Polymarket has partnered with Elon Musk’s xAI to enable data sharing between their platforms, integrating the prediction marketplace with Grok AI and X content. Grok AI to Contextualize Prediction Markets The partnership, announced on June 6, 2025, connects Polymarket’s prediction markets with xAI’s technology. Grok, xAI’s AI system, will analyze real-time posts from X to […] from Bitcoin News https://ift.tt/3jODJLw