Bitcoin Taps $110K as Crypto Market Erupts With Billions in Fresh Volume
The price of bitcoin barreled past the $110,000 mark, notching an intraday peak of $110,587 per coin. With that move, the top digital currency now commands a market cap of $2.19 trillion—taking up 63.8% of the $3.44 trillion crypto economy. At the…
Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says
Evita Pay founder Iurii Gugnin has been accused of using sanctioned Russian banks to launder millions into the US, with the funds used in part to undermine American interests.
Ethereum Weekly Structure Tightens – Tower Top Pattern In Play?
Ethereum has pulled back roughly 14% since the last week of May, but it’s holding firm above the critical $2,400 support zone. Despite recent volatility across the crypto market, ETH’s ability to defend this level has kept hopes alive for a…
Bain Capital Crypto Leads $30M Investment in Turnkey
Crypto infrastructure company Turnkey announced a $30 million Series B funding round on June 9, 2025. Crypto Infrastructure Firm Turnkey Secures Fresh Funding On Monday, the firm’s boss Bryce Ferguson disclosed that Bain Capital Crypto led…
KULR Technology Group Inc. acquired 118.6 bitcoin for approximately $13 million, increasing its corporate treasury holdings. The purchase price averaged roughly $107,861 per bitcoin, the company stated Monday. This brings KULR’s total bitcoin…
Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg
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…
Is Altcoin Season Still Coming? Why Bitcoin Is To Blame Despite Making ATHs
Despite Bitcoin’s historic rise above the $100,000 mark in early 2025, a growing number of crypto investors are left wondering when the long-anticipated altcoin season will begin. At the time of writing, the altcoin season index from…
QCP Insights: Bitcoin Stuck in Tight Range as Volatility Hits Yearly Lows
Bitcoin’s implied volatility has dipped to yearly lows as price action remains muted in a tight $100K–$110K range. Traders are now pushing bullish bets into September, amid fading near-term catalysts. Bitcoin in a Lull as Market Awaits Catalyst…
US lawmakers propose amendment to crypto market structure bill before markup
Two bills in the US Congress considering stablecoins and a digital asset regulatory framework will reach crucial stages this week after long debates and controversies.
Bitcoin’s Price Blasts Higher With $81M in Shorts Burned—Fed Cut Bets Hold Firm
Bitcoin is cruising at $108,610, seeing an increase of over 2% in the past 24 hours; meanwhile, the whole digital currency market value rests at $3.38 trillion. This price climb occurs a single week before the Federal Open Market Committee (FOMC)…
Singapore-based trading firm QCP Capital opened its Monday note with a blunt assessment: “Implied vols continue to come under pressure, with BTC stuck in a tight range as summer approaches.” In the options house’s telling, the market is drifting…
ETF Weekly Flows: $129 Million Outflow for Bitcoin and $281 Million Inflow for Ether
Bitcoin ETFs suffered a net outflow of $129 million for the week ending June 6, marking the second consecutive week of red flows. Meanwhile, ether ETFs extended their inflow streak to a fourth week, locking in a strong $281.07 million, the…
Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw…
Circle’s Meteoric Rise Spurs CRCL ETFs From Proshares and Bitwise
Two new single-stock exchange-traded funds (ETFs) have filed to launch in order to capitalize on the explosive debut of Circle Internet Group (CRCL), which has surged 266% since its IPO last Thursday and now trades at $113 per share. Proshares and…
Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight For June
Ethereum has remained firm above key support levels despite the broader market pullback in recent weeks. While many altcoins have shown weakness, ETH continues to trade above the $2,400–$2,500 zone, signaling strength and positioning itself for a…
Paraguay warns of ‘irregular activity’ after post claiming BTC is legal tender
An X post by Paraguay’s President Santiago Peña claimed the country had recognized Bitcoin as legal tender, but the official government account soon urged users to “dismiss any recently published content.”
Hong Kong to use Chainlink protocol in CBDC pilot project
The study involving Chainlink's Cross-Chain Interoperability Protocol is one of many initiatives exploring use cases for a potential Hong Kong CBDC, or e-HKD.
Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is…
KULR Technology Group Announces $300 Million ATM Offering To Invest in Their Bitcoin Treasury
Bitcoin Magazine KULR Technology Group Announces $300 Million ATM Offering To Invest in Their Bitcoin Treasury KULR Technology Group, Inc. (NYSE American: KULR) announced it has entered into a Controlled Equity Offering Sales Agreement with Cantor…
The New York Fed’s Survey of Consumer Expectations for May showed that Americans are becoming less worried about tariff-induced price inflation. With Tariff Tensions Easing, Bitcoin Soars Past $108K Americans are getting less worried about higher…
BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days
Bitcoin Magazine BlackRock’s iShares Bitcoin Trust Shatters ETF Growth Record, Surpassing $70 Billion in Just 341 Days BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under…
Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric
Ethereum is back in sharp focus across the crypto market following a recent rally to $2,800 that has added fresh layers of bullish momentum to its long-term narrative. At the time of writing, Ethereum is trying to register a footing above $2,500…
New York City Won’t Be Issuing BitBonds Any Time Soon
Bitcoin Magazine New York City Won’t Be Issuing BitBonds Any Time Soon Since 2021, Mayor Eric Adams has been talking about how he’s going to make New York City the center of the crypto industry, though this hasn’t materialized. (Some Bitcoin and…
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