Bitcoin Magazine The Trump’s American Bitcoin Merges with Gryphon, Reports 215 BTC on Balance Sheet Since Launch American Bitcoin Corp (ABTC), a newly formed private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., announced in a June 10 SEC filing that it has acquired 215 Bitcoin (BTC) since launching operations on April […]
Key Notes SBI Group announced its strategic investment of $50 million in CRCL shares. The Japanese financial firm allocated its investment evenly across SBI Holdings and its subsidiary, SBI Shinsei Bank. The recent development further expands SBI Group’s existing partnership with Circle. On June 9, Japanese financial giant SBI Group announced its strategic investment of
Ripple Partner SBI Buys $50M Stake in Circle Post-IPO Read More »
Bitcoin Magazine Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC. “In May 2025, despite the 10% increase
Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined Read More »
Key Notes Within 24 hours, XRP active addresses spiked by 1,609%, representing increased interest in the ecosystem. This increased investor interest became noticeable after Ripple partnered with Japan’s Web3 Salon. XRP is currently trading at $2.29, but more gain is expected. For good reasons, the XRP XRP $2.31 24h volatility: 2.1% Market cap: $135.83 B
XRP Active Addresses Surge — Is a Price Breakout Coming? Read More »
Key Notes Binance.US has hinted at listing HYPE tokens, fueling speculation and interest. In May 2025, Hyperliquid achieved $248 billion in perpetual trading activity, marking an 843% year-over-year growth. A Hyperliquid whale recently acquired 259,367 HYPE tokens for nearly $10 million, adding to the bullish sentiment. Hyperliquid price HYPE $40.15 24h volatility: 13.7% Market cap:
Why Is Hyperliquid (HYPE) Price Up 12% Today? Read More »
crypto funds see steady inflows The world of cryptocurrency investment has maintained a steady drumbeat of optimism, with global crypto funds attracting $224 million in net inflows during the past week. This positive trend marks seven consecutive weeks of inflows, cumulatively reaching a total of $11 billion. Despite market volatility, the majority of these inflows
Crypto Funds Surge Forward Amid Shifting Investor Sentiments Read More »
Key Notes With nearly 29% of the total ETH supply locked up in staking, the bulls might just have the upper hand. ETH rallied over 7%, briefly touching $2,724 before settling around $2,666.16, driven by renewed institutional interest. Ethereum’s dominance in stablecoins and tokenization has drawn Wall Street attention. Ethereum ETH $2 676 24h volatility:
Ethereum Reclaims $2,700 as Staked ETH Hits Record High Read More »
Key Notes Upbit announced the listing of EPT and AXL for June 10. Both tokens saw sudden spikes in trading activity. The Korean exchange’s trading volume increased by 60% in 24 hours. Upbit, the leading South Korean cryptocurrency exchange, brought Axelar AXL $0.51 24h volatility: 60.3% Market cap: $486.18 M Vol. 24h: $131.37 M and
Upbit Listing Sparks Bull Run for Balance (EPT) and Axelar (AXL) Tokens Read More »
Bitcoin Magazine Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs. “It’s a lot of things coming together. Out of the gate was retail and investor demand…” said Mitchnick.
Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg Read More »
Key Takeaways: Paraguay’s President Santiago Peña had his official X account compromised, leading to the spread of a false announcement about Bitcoin. The language and content of the post raised immediate red flags among observers, prompting swift clarification from the Paraguayan government. On-chain analysis showed the attached wallet had minimal funds and no activity, suggesting
Paraguayan President’s X Account Hacked – False Bitcoin Legal Tender Announcement Posted Read More »
