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Bitcoin Nears $110K Resistance as CPI Report and Greed Sentiment Shape Market Outlook

Bitcoin approaches a critical $110,000 resistance level amid shifting market dynamics, with investor sentiment entering the ‘Greed’ zone signaling potential overbought conditions. The cryptocurrency’s immediate trajectory hinges significantly on macroeconomic catalysts, particularly the upcoming Consumer Price Index (CPI) report. The… Read More »Bitcoin Nears $110K Resistance as CPI Report and Greed Sentiment Shape Market Outlook

Binance Founder Declares ‘DeFi Day’ Amid SEC Regulatory Engagement

Binance founder Zhao Changpeng has officially designated June 9 as ‘DeFi Day’, highlighting decentralized finance’s transformative potential during heightened regulatory discussions. The announcement marks a pivotal moment for the sector as U.S. regulators increase engagement with DeFi innovators. The U.S.… Read More »Binance Founder Declares ‘DeFi Day’ Amid SEC Regulatory Engagement

Bitcoin Spot Trading Volume Hits Four-Year Low as Investors Embrace Long-Term Holding and ETFs

Bitcoin spot trading activity on centralized exchanges has plummeted to levels not witnessed since October 2020, signaling a significant shift in investor behavior away from active trading. This decline coincides with the rising dominance of U.S.-listed spot Bitcoin exchange-traded funds… Read More »Bitcoin Spot Trading Volume Hits Four-Year Low as Investors Embrace Long-Term Holding and ETFs

BlackRock’s Bitcoin ETF Shatters Records with $70B AUM Milestone in Historic 341 Days

BlackRock’s iShares Bitcoin Trust (IBIT) has achieved $70 billion in assets under management—faster than any ETF in history—demonstrating unprecedented institutional demand for Bitcoin exposure. The fund reached this milestone in just 341 trading days, significantly outpacing established traditional ETFs like… Read More »BlackRock’s Bitcoin ETF Shatters Records with $70B AUM Milestone in Historic 341 Days

Ripple Launches $200,000 Grant Program for XRPL Startups in Japan with JETRO Support

Ripple has unveiled a $200,000 grant initiative to support early-stage blockchain projects building on the XRP Ledger (XRPL) in Japan. The program specifically targets innovation in decentralized finance (DeFi), tokenization, and digital payments ecosystems. The initiative receives institutional backing from… Read More »Ripple Launches $200,000 Grant Program for XRPL Startups in Japan with JETRO Support

Société Générale-Forge Launches USD CoinVertible Stablecoin on Ethereum and Solana

Société Générale-Forge has introduced USD CoinVertible (USDCV), a new US dollar-pegged stablecoin operating on both the Ethereum and Solana blockchains. The stablecoin is backed by reserve assets safeguarded by BNY Mellon and designed to facilitate 24/7 fiat-to-stablecoin conversions. USDCV aims… Read More »Société Générale-Forge Launches USD CoinVertible Stablecoin on Ethereum and Solana

Canary Capital Files for Staked Injective ETF Trust in Delaware, Expands Staking Product Suite

Canary Capital has registered a Delaware trust for a staked Injective (INJ) exchange-traded fund (ETF), signaling potential U.S. market entry for staking-focused cryptocurrency investment products. The trust, named ‘Canary Staked INJ ETF,’ aims to provide investors with exposure to staking… Read More »Canary Capital Files for Staked Injective ETF Trust in Delaware, Expands Staking Product Suite

Solana Price Faces Resistance Despite Short-Term Support, Indicators Signal Uncertainty

Solana (SOL) has established short-term support near the $152 level, but its upward momentum faces significant hurdles due to persistently weak trading volume and cautious market sentiment. Technical indicators point to underlying weakness. The Money Flow Index (MFI) and On-Balance… Read More »Solana Price Faces Resistance Despite Short-Term Support, Indicators Signal Uncertainty

Ripple Expands APAC Blockchain Education with $5 Million UBRI Funding Boost

Ripple has unveiled a $5 million expansion of its University Blockchain Research Initiative (UBRI) across the Asia-Pacific (APAC) region to accelerate blockchain innovation and academic development. The funding will establish new partnerships in Taiwan and Australia while reinforcing existing collaborations… Read More »Ripple Expands APAC Blockchain Education with $5 Million UBRI Funding Boost

Cardano Overhauls Node Architecture to Enhance Decentralization and Scalability

Cardano has initiated a comprehensive upgrade of its node architecture, introducing modular designs and multiple node implementations to strengthen network resilience and scalability. The overhaul directly addresses systemic vulnerabilities stemming from reliance on a single dominant node client by developing… Read More »Cardano Overhauls Node Architecture to Enhance Decentralization and Scalability

Bitcoin ETFs Attract $386 Million Inflows Amid BTC Surge Past $105,000

Bitcoin spot exchange-traded funds (ETFs) recorded net inflows totaling $386.27 million, coinciding with Bitcoin’s decisive break above the $105,000 resistance level. The cryptocurrency closed near $110,263, reflecting robust market momentum and renewed investor confidence. Fidelity’s FBTC fund led the inflows,… Read More »Bitcoin ETFs Attract $386 Million Inflows Amid BTC Surge Past $105,000

Metalpha Executes Major ETH Collateralization on Spark Protocol, Redeploys Funds to Binance

Metalpha has conducted a significant on-chain transaction involving the deposit of 18,000 ETH as collateral into the Spark protocol. This collateralization enabled the borrowing of 12 million USDS and 8 million DAI stablecoins. The borrowed stablecoins were subsequently converted into… Read More »Metalpha Executes Major ETH Collateralization on Spark Protocol, Redeploys Funds to Binance

Canary Capital Forms Delaware Trust for Proposed Injective (INJ) Staked ETF

Asset management firm Canary Capital has taken a significant step toward launching a novel cryptocurrency investment product by establishing the ‘Canary Staked INJ ETF’ trust in Delaware. This preparatory move precedes potential regulatory filings with the U.S. Securities and Exchange… Read More »Canary Capital Forms Delaware Trust for Proposed Injective (INJ) Staked ETF

Circle IPO Sparks Measured Bitcoin Optimism Amid Growth Signs and Historical Echoes

Circle’s recent initial public offering (IPO) has generated a wave of cautious optimism within the Bitcoin market. The IPO witnessed a remarkable surge of nearly 200% in Circle’s stock price, reflecting robust investor appetite for stablecoin-related ventures primarily focused on… Read More »Circle IPO Sparks Measured Bitcoin Optimism Amid Growth Signs and Historical Echoes

Canary Capital Files for Injective Staking ETF Trust Amid Regulatory Uncertainty

Canary Capital has established a Delaware trust for a potential Injective (INJ) staking exchange-traded fund (ETF), signaling heightened institutional interest in cryptocurrency staking products despite ongoing regulatory questions. The trust filing represents a preliminary step toward launching an ETF that… Read More »Canary Capital Files for Injective Staking ETF Trust Amid Regulatory Uncertainty