crypto

Crypto Asset Funds See 6M Inflows, Totaling .9B Over 7 Weeks

Crypto Asset Funds See $286M Inflows, Totaling $10.9B Over 7 Weeks

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto markets experienced notable shifts last week, as revealed by CoinShares in its latest Crypto Asset Fund Flows Weekly Report. According to the recent publication, digital asset investment products witnessed inflows totaling $286 million, marking seven consecutive weeks of positive investment that […]

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Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields

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Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul

Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul

The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project

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Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings

Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings

Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC).  The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them.  Strategy intends to use

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Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with B transfer

Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer

Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.  Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13

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VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat

VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat

The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEck’s head of digital assets research Matt Sigel wrote in a June 2 post on X. He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in

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Strategy and Metaplanet capitalize on Bitcoin correction with 0M acquisition

Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition

Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on

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Metaplanet Rockets To Top 10 Bitcoin Holders After 7M Purchase

Metaplanet Rockets To Top 10 Bitcoin Holders After $117M Purchase

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Metaplanet, a Tokyo-based investment firm, has just taken its Bitcoin holdings to 8,888 BTC after buying 1,088 more coins. According to official figures, each of the newly acquired Bitcoins cost about $107,770, for a total outlay of roughly $117 million. Based on

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Silk Road founder receives .4M BTC donation after bagging .8M in auction

Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction

The founder of the darknet marketplace Silk Road, Ross Ulbricht, received 300 BTC, worth around $31.4 million, in a single donation from an unknown wallet, data from Arkham Intelligence shows.  Ulbricht, who was sentenced to life in prison, received a full and unconditional pardon from U.S. President Donald Trump on January 21. He was released

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Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees

Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees

American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding: “They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing

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