“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth […]
As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto asset’s supply amid surging institutional demand. Sygnum Bank’s June 2025 Monthly Investment Outlook attributes the asset’s positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural […]
The popular Solana-based meme coin launchpad, Pump.fun, is reportedly planning to raise $1 billion through a token sale that would value the company at $4 billion, according to Blockworks, citing sources familiar with the matter. The token sale will be offered to both public and private investors, with hints on social media suggesting it could […]
Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binance’s outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When […]
Trump Media & Technology Group (TMTG) is moving forward with plans to launch a Bitcoin ETF called the Truth Social Bitcoin ETF, according to a June 3 SEC filing. NYSE Group Inc. filed regulatory paperwork to list the product, using the name of President Donald Trump’s social network. The ETF is being developed through a […]
On June 2, Strategy announced that it plans to offer an IPO of “10% Series A Perpetual Stride Preferred Stock” at $100 per share under the ticker STRD. It intends to use the net proceeds from the offering for “general corporate purposes, including the acquisition of Bitcoin and for working capital,” it stated. The firm […]
“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to high levels of betting,” before adding that Bitcoin was “waiting to purge the bets before the next swing of all-time-highs.” Paper bets are generally crypto […]
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 […]
Binance founder Changpeng Zhao, better known as CZ, has floated the idea of a decentralized exchange (DEX) where order books and user positions are hidden to mitigate front-running and liquidation risks. The call comes amid renewed attention to Maximal Extractable Value (MEV), the practice of manipulating transaction ordering for profit. The Dark Pool Argument In […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi. The company has been implicated in running a “pig butchering” scam. $200M Scam Uncovered According to the official press release, Funnull has stolen over $200 million from […]