The Polkadot governance community is engaged in a pivotal debate over a proposal to diversify the network’s treasury holdings by converting 500,000 DOT tokens into Bitcoin. The plan recommends executing the conversion via Threshold Bitcoin (tBTC) using a 12-month dollar-cost… Read More »Polkadot Community Debates Proposal to Convert Treasury DOT to Bitcoin via DCA Strategy
Former U.S. President Donald Trump has issued a pointed warning to Iran, urging immediate diplomatic resolution to escalating regional conflicts to avoid severe geopolitical and economic repercussions. The statement emphasizes time-sensitive opportunities for Tehran to secure beneficial agreements that could… Read More »Trump Warns Iran: Negotiate or Face Consequences as Crypto Markets Monitor Diplomatic Tension
Bitcoin’s sustained recovery from April lows faces significant headwinds as technical indicators suggest potential exhaustion in its bullish momentum. Analysis of the Bollinger Bands reveals a ‘three pushes’ pattern emerging since April, typically signaling weakening upward pressure as the asset… Read More »Bitcoin Uptrend Shows Signs of Exhaustion as Technical and Geopolitical Risks Mount
Cryptocurrency exchange BYBIT has removed the HAT token from its trading offerings, resulting in the official delisting of the asset. This action renders the HAT token unavailable for trading on BYBIT’s platform, affecting users who previously traded the asset on… Read More »BYBIT Delists HAT Token From Trading Platform
The U.S. Securities and Exchange Commission (SEC) has formally repealed several contentious cryptocurrency regulations, including Rule 3b-16 and the expanded Custody Rule. Industry stakeholders had widely criticized these rules for their potential to hinder blockchain innovation and impose substantial new… Read More »SEC Repeals Controversial Crypto Rules, Signaling Pro-Innovation Shift
Ethereum faces a critical technical test as its price approaches the significant $2,400 support level, following a substantial 15% market correction. The significant drop was triggered by a combination of a bull trap preceding the decline and the subsequent unwinding… Read More »Ethereum Battles Key $2,400 Support Level Following Sharp 15% Correction
Binance has announced the inclusion of the $SGC token in its Binance Alpha initiative. The addition signifies Binance’s recognition of $SGC as an early-stage project within its ecosystem designed to highlight promising developments. Binance Alpha serves as a platform for… Read More »Binance Adds $SGC to Binance Alpha Projects
GameStop has increased its private convertible note offering to $2.25 billion, up from an initial $1.75 billion, to fund additional Bitcoin acquisitions and support its cryptocurrency treasury strategy. The transaction is expected to close on June 17. The gaming retailer… Read More »GameStop Expands Bitcoin Treasury Strategy with $2.25 Billion Convertible Note Offering Amid Falling Revenues
Bitcoin has plunged nearly 5% over the past 24 hours, trading near $105,000 as mounting bearish pressure threatens critical support levels around $103,000. This downturn follows deteriorating technical indicators and escalating geopolitical tensions across global markets. Technical analysis shows waning… Read More »Bitcoin Dips Below $105,000 as Technical Weakness and Geopolitical Risks Fuel Selling Pressure
Binance witnessed significant market activity with $201 million liquidated on its BTCUSDT trading pair within a 24-hour period. This event contributed to a broader market-wide liquidation total reaching $1.159 billion. Data reveals long positions accounted for the vast majority of… Read More »Binance Records $201M BTCUSDT Liquidations Amid $1.15B Market-Wide Crypto Derivatives Shakeout
The TRON network has significantly reduced its block rewards and voting rewards, marking a strategic shift towards a deflationary tokenomics model. The block rewards for TRON validators have been halved, decreasing from 16 TRX to 8 TRX per block. Furthermore,… Read More »TRON Implements Significant Reward Reduction, Shifts Toward Deflationary Tokenomics
Paribu has announced the listing of AIXBT, a new cryptocurrency token, on its trading platform. The exchange confirmed the addition through an automated news distribution service (NEWSBOT AUTO). This integration enables users to access and trade AIXBT against other supported… Read More »Paribu Lists AIXBT Token on Cryptocurrency Exchange Platform
Bitcoin has demonstrated relative resilience compared to alternative cryptocurrencies (altcoins) during a recent broad market downturn. Bitcoin Dominance (BTC.D), measuring its share of the total cryptocurrency market capitalization, increased by 1.4%, rising from 63.8% to 64.7%. This gain in dominance… Read More »Bitcoin Dominance Surges as Altcoins Tumble, Delaying Altcoin Season
The U.S. Securities and Exchange Commission (SEC) has formally withdrawn 14 proposed regulatory rules targeting the cryptocurrency sector. This significant move signals a policy shift towards a more innovation-friendly approach under Chair Paul Atkins, reducing immediate regulatory pressures on decentralized… Read More »SEC Withdraws Key Crypto Rules Under Atkins, Easing DeFi and Custody Pressures
Bitcoin’s price volatility has intensified significantly, reaching 1.77% amid escalating geopolitical tensions between Israel and Iran. This marks a consistent upward trajectory in market fluctuations over the past five days, reflecting heightened speculative activity across cryptocurrency markets. Analysts attribute the… Read More »Bitcoin Volatility Surges Amid Israel-Iran Tensions, Signaling Market Consolidation Phase
KuCoin has acquired ERX, Thailand’s inaugural digital token exchange supervised by the Securities and Exchange Commission (SEC), marking a strategic expansion into Southeast Asia’s regulated cryptocurrency market. The acquisition grants KuCoin full licensing to operate as a local exchange in… Read More »KuCoin Acquires Thailand’s First SEC-Regulated Exchange ERX to Expand Southeast Asia Footprint
Bitcoin’s price increased by 2.3% over a six-hour period following an announcement by the Israeli military updating its public safety guidelines. The military revised protocols, easing restrictions that previously mandated citizens stay near designated shelter facilities. This adjustment reflects a… Read More »Bitcoin Rises Amid Easing of Israeli Shelter Restrictions
Pi Network’s token price collapsed by 35% to reach an unprecedented low of $0.40 during recent trading, before staging a minor recovery to approximately $0.55. The sustained bearish momentum is confirmed by MACD technical indicators showing ongoing downward pressure. This… Read More »Pi Network Price Plunges 35% to Historic Low Amid Bearish Market Signals
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly proposed a $125 million settlement to conclude their long-standing legal battle regarding XRP. Under the agreement, $50 million will be paid to the SEC as a civil penalty… Read More »Ripple and SEC Propose $125 Million Settlement to Resolve XRP Legal Dispute
Approximately $2.96 billion in Bitcoin options are set to expire tomorrow, potentially driving significant market volatility as prices gravitate toward the max pain level of $107,000. This event coincides with heightened geopolitical risks and weakening technical indicators. Simultaneously, $678 million… Read More »$3 Billion Bitcoin Options Expiry to Heighten Market Volatility Amid Geopolitical Tensions