Asset management giant Invesco has named Kathleen Wrynn as its new global head of digital assets, marking a strategic expansion into cryptocurrency exchange-traded funds (ETFs). Wrynn will oversee the firm’s $1.6 billion crypto ETF portfolio, bringing blockchain expertise from her… Read More »Invesco Appoints Kathleen Wrynn as Global Head of Digital Assets to Drive Crypto ETF Strategy
Grayscale Investments has filed Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Digital Large Cap (GDLC) Fund into a publicly traded exchange-traded fund (ETF). The diversified fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano,… Read More »Grayscale’s Multi-Asset Crypto Fund Nears Regulatory Approval Ahead of Solana ETFs
Binance Wallet will conduct a Token Generation Event (TGE) for the blockchain game KAI Battle of Three Kingdoms (SGC) on June 13, 2025, operating from 4:00 PM to 6:00 PM UTC. Eligible users can participate exclusively using Binance Alpha points,… Read More »Binance to Launch KAI Battle of Three Kingdoms Token Generation Event via Alpha Points
Spot Bitcoin exchange-traded funds (ETFs) recorded a sharp 61% decline in net inflows, falling to $165 million from the previous $435 million. This slowdown coincided with Bitcoin facing significant price resistance near the $110,000 threshold. BlackRock’s IBIT ETF dominated inflows… Read More »Bitcoin ETF Inflows Drop 61% Amid $110K Resistance While Derivatives Signal Bullish Outlook
Bitwise CEO Hunter Horsley suggests Bitcoin holders may significantly reduce selling activity as prices approach the $130,000 to $150,000 range. This behavioral shift stems from tightening supply conditions and accelerating institutional demand. Horsley indicates that breaching key price thresholds would… Read More »Bitwise CEO Predicts Reduced Bitcoin Selling Pressure Above $130K Threshold
Ethereum is experiencing substantial liquidity inflows from Solana, indicating a significant capital rotation within the Layer 1 blockchain sector driven by Ethereum’s superior DeFi infrastructure and market performance. Recent data reveals Ethereum captured 64.52% of all cross-chain bridged liquidity over… Read More »Ethereum Attracts Capital Flight from Solana as DeFi Dominance and Returns Outshine Competitors
Bitcoin is consolidating below all-time highs as market analysts identify the $100,000 level and the 2025 yearly open as critical support thresholds. This key price zone is now under scrutiny amid growing macroeconomic uncertainty. Heightened US-China trade tensions, including a… Read More »Bitcoin Faces $100,000 Support Test Amid US-China Trade Tensions
U.S. customs tariff revenue surged to a record $23 billion in May, marking a 270% year-over-year increase driven by new tariff policies implemented in early April. Despite this unprecedented growth, the revenue covered merely 3% of the federal government’s total… Read More »U.S. Tariff Revenue Hits Record $23B in May, Covers Only 3% of Spending Amid Ethereum Market Gains
Ethereum futures market open interest has surged to an unprecedented $20 billion, signaling heightened leverage usage and increased trader participation within the cryptocurrency derivatives ecosystem. This milestone reflects a growing preference for cash-margined contracts and stablecoin-backed trading strategies, indicating broader… Read More »Ethereum Futures Open Interest Hits Record $20 Billion Amid Rising Leverage
Bitcoin retail investor sentiment has surged dramatically, reaching a 2:1 ratio favoring bullishness over bearishness. This marks the highest level of retail optimism since November 2024, as Bitcoin prices approach its near $112,000 all-time high. However, analysts note that such… Read More »Bitcoin Retail Sentiment Hits 2:1 Bull-Bear Ratio Amid Price Highs; Institutional Shift Observed
Mercurity Fintech has revealed plans to establish an $800 million Bitcoin treasury, marking a significant corporate commitment to the cryptocurrency. The fintech firm simultaneously announced its objective to gain inclusion in the Russell 2000 index, a benchmark for small-cap U.S.… Read More »Mercurity Fintech Announces $800M Bitcoin Treasury Plan and Russell 2000 Index Target
Bitcoin traders are closely monitoring market movements to prevent a significant price drop below the critical $100,000 support level. This heightened vigilance comes as the market reacts to and digests the implications of newly imposed 55% tariffs by China. The… Read More »Bitcoin Traders Brace for $100K Support Test Amid China Tariff Impact
Fartcoin and SPX meme coins have surged more than 50% in weekly trading, propelled by potential exchange listings and vigorous community engagement. This momentum signals shifting investor interest toward community-driven assets within the cryptocurrency sector. Fartcoin’s price jumped 20% following… Read More »Fartcoin and SPX Meme Coins Surge Over 50% Fueled by Exchange Listing Prospects
Bitcoin continues trading just 3% below its all-time high despite facing significant macroeconomic challenges, including persistent core CPI inflation and delayed Federal Reserve rate cuts. On-chain indicators reveal sustained network accumulation and long-term holder confidence, reinforcing bullish sentiment. Net Realized… Read More »Bitcoin On-Chain Metrics Signal Strong Accumulation Amid Macroeconomic Pressures
Financial media platform Real Vision announced plans to integrate the Sui blockchain, leveraging its high-speed infrastructure to implement a tokenized reward system for user participation. This partnership aims to incentivize community engagement by compensating users who contribute valuable market insights… Read More »Real Vision Partners with Sui Blockchain to Tokenize User Rewards
Former President Donald Trump and Chinese authorities have reached a finalized trade agreement that resets tariffs to levels last observed on Liberation Day. The deal, described as complete, signals a recalibration of economic relations between the two nations. Specific terms,… Read More »Trump and China Finalize Trade Deal Reverting Tariffs to Liberation Day Levels
Recent data confirms institutional investors now control nearly 31% of Bitcoin’s total supply, reflecting heightened market influence and accelerating mainstream adoption of Bitcoin as a core strategic asset. This accumulation signifies a pivotal shift in digital asset ownership patterns and… Read More »Institutional Investors Command Nearly 31% of Bitcoin Supply Amid Mainstream Shift
A recent US Treasury auction has countered prevailing narratives suggesting investors are losing interest in US assets. The successful sale challenges assumptions about declining appetite for US government debt. The outcome shifts focus to Thursday’s upcoming auction of 30-year Treasury… Read More »US Treasury Auction Challenges Narrative of Waning Investor Interest, Upcoming Sale Eyed for Bitcoin Demand Clues
Reports indicate that Tencent Holdings is actively researching a potential acquisition of South Korean game developer Nexon Co., Ltd. for an estimated $15 billion. The move signals Tencent’s aggressive expansion strategy in the global gaming market and could deliver significant… Read More »Tencent Explores $15 Billion Acquisition of Game Developer Nexon
Kenya’s proposed Virtual Asset Service Providers (VASP) Bill 2025, introducing a 3% Digital Asset Tax on cryptocurrency transactions, faces criticism for potentially hindering Bitcoin adoption, particularly within informal settlements where it serves as a vital financial inclusion tool. Concerns highlight… Read More »Proposed 3% Crypto Tax Threatens Bitcoin Adoption in Kenya’s Informal Settlements