Eigen Labs has officially launched EigenCloud, a novel Ethereum restaking protocol, bolstered by a significant $70 million investment from venture capital firm a16z crypto. The investment was executed through the acquisition of EIGEN tokens. Designed to enhance blockchain-level trust across… Read More »Eigen Labs Launches EigenCloud Restaking Protocol with $70M a16z Crypto Backing
Kaito AI has overhauled its crypto mindshare algorithm to address manipulated engagement and low-quality content, prioritizing long-term quality contributions to restore trust in its leaderboards. The update specifically targets spammy tactics like excessive replies and reward-focused posts, shifting emphasis toward… Read More »Kaito AI Revamps Mindshare Algorithm to Combat Engagement Manipulation in Crypto
Layer-2 scaling platform ZkSync X has formally denied reports of user account hacks and rumors alleging a U.S. Securities and Exchange Commission (SEC) investigation, following a sharp decline in the value of its native token. ZkSync X stated no security… Read More »ZkSync X Denies Security Breach, SEC Probe Rumors; Focuses on Upgrades and Compliance
Strategy has solidified its position as a dominant institutional holder of Bitcoin, amassing a treasury reserve of 592,100 BTC. This substantial holding places the company just behind cryptocurrency exchange Binance, estimated to hold between 610,000 and 615,000 BTC, highlighting Bitcoin’s… Read More »Strategy’s Massive Bitcoin Hoard Nears Binance Levels, Cementing BTC as Institutional Asset
U.S. spot Ethereum exchange-traded funds (ETFs) have reached a record $10.56 billion in assets under management (AUM), with BlackRock’s ETHA ETF leading the market despite recent price declines for Ethereum. BlackRock’s ETHA ETF dominates the sector, holding 41% of total… Read More »U.S. Spot Ethereum ETFs Hit Record $10.56 Billion in Assets Under Management
Bitcoin’s market cycle continues to hover at a critical neutral position, suggesting significant potential for price growth before the current bull run reaches its peak. Key on-chain indicators point to sustained momentum despite recent price records. The Index Bitcoin Cycle… Read More »Bitcoin Market Cycle Remains Neutral, Signaling Potential for Further Bullish Momentum
ALT has executed a strategic transfer of 200 million ALT tokens, valued at $6.42 million, from its multisig wallet to cryptocurrency exchange Binance. This move aims to optimize cross-chain liquidity management following ALT’s recent listing on Upbit’s KRW trading pair.… Read More »ALT Transfers $6.42 Million in Tokens to Binance for Cross-Chain Liquidity Balancing
DDC Enterprise has successfully raised $528 million through securities purchase agreements, earmarked specifically for expanding its Bitcoin holdings. The funding round attracted participation from prominent investors in the digital asset space, including Anson Funds, Animoca Brands, Kenetic Capital, and QCP… Read More »DDC Enterprise Secures $528 Million Funding to Expand Bitcoin Reserves
Ethereum’s market dynamics are showing signs of an impending rally, driven by notable whale behavior, significant short liquidations, and declining exchange inflows. These factors collectively suggest strengthening bullish sentiment among investors. A dormant Ethereum whale recently sold $1.29 million worth… Read More »Ethereum Market Indicators Signal Potential Rally Amid Whale Activity and Short Squeeze
TAO Alpha PLC, a UK-listed company, has obtained a £5 million fixed-price convertible loan to strengthen its position in decentralized artificial intelligence and cryptocurrency markets. The financing supports the implementation of a Bitcoin-centric treasury management strategy designed to optimize corporate… Read More »TAO Alpha PLC Secures £5 Million Loan for Bitcoin Treasury Strategy Expansion
Bitcoin investors holding assets between six and twelve months realized approximately $904 million in profits on June 16, representing the second-highest daily gain for this cohort in 2024. This significant profit-taking activity suggests shifting dynamics among mid-term holders amid current… Read More »Bitcoin Mid-Term Holders Realize $904M in Profits as Options Signal Increased Hedging
Bitcoin (BTC) has demonstrated notable price resilience despite escalating geopolitical instability in the Middle East, maintaining a steady trading range between $103,000 and $109,000. This stability contrasts sharply with traditional market volatility during similar crises, suggesting Bitcoin’s increasing recognition as… Read More »Bitcoin Exhibits Stability Amid Middle East Tensions as Institutional Inflows Signal Confidence
Canada has achieved a regulatory milestone with the launch of the world’s first spot XRP exchange-traded fund (ETF). Purpose Investments introduced the new product on the Toronto Stock Exchange, offering investors diversified access through CAD-hedged, CAD non-hedged, and USD units.… Read More »Canada Launches First Spot XRP ETF Amidst US Regulatory Uncertainty
A Bitcoin user suffered a significant financial loss exceeding $60,000 after mistakenly overpaying transaction fees while attempting to expedite a transaction using the replace-by-fee (RBF) mechanism. The error occurred when the user, intending to increase the fee rate to 30.5… Read More »Bitcoin User Loses Over $60,000 in Fees Due to RBF Unit Confusion
El Salvador continues expanding its national Bitcoin reserves with the acquisition of 240 additional BTC since December 2023, maintaining a consistent daily accumulation rate of one Bitcoin. The country’s total holdings now stand at 6,209 BTC. This ongoing accumulation strategy… Read More »El Salvador Persists in Bitcoin Accumulation Despite IMF Loan Conditions
Matchain (MAT) will be featured on Binance Alpha, a discovery platform within the Binance Wallet ecosystem, providing heightened visibility to the project starting June 19, 2025. This inclusion offers Matchain exposure to Binance’s user base but does not constitute or… Read More »Matchain (MAT) Gains Spotlight on Binance Alpha Platform Amid Cautious Investor Outlook
Binance has announced a temporary suspension of deposits and withdrawals for THORChain (RUNE) tokens. This action is taken to support an upcoming network upgrade by THORChain. The upgrade is scheduled to occur at block height 21,574,000 and aims to enhance… Read More »Binance Suspends RUNE Deposits and Withdrawals Ahead of THORChain Network Upgrade
Tron, under the leadership of Justin Sun, has initiated a reverse merger with NASDAQ-listed SRM Entertainment to enter public markets. The strategic move is facilitated by investment bank Dominari Securities and includes $210 million in TRX funding. The U.S. Securities… Read More »Tron Announces Reverse Merger with SRM Entertainment for NASDAQ Listing
Bitcoin exchange-traded funds (ETFs) recorded significant institutional capital inflows totaling $412 million, extending a six-day streak of positive flows to over $1.8 billion despite prevailing geopolitical tensions. This sustained demand underscores growing institutional conviction in Bitcoin’s long-term potential as a… Read More »Bitcoin ETFs Scored $412M Inflows as Institutions View Asset as Resilient Hedge
The Blockchain Group, a French blockchain firm, has secured €7.2 million in funding via an At-The-Market (ATM) program executed in partnership with asset manager TOBAM. The capital raised is designated to implement a Bitcoin treasury strategy, positioning Bitcoin as a… Read More »French Blockchain Company Raises €7.2M to Adopt Bitcoin Treasury Strategy