🇭🇰 #LINK The Hong Kong government is using Chainlink blockchain as part of its CBDC (e-HKD) pilot project - announcement
📊🤔 #BTC CQ: The average spot trading volume on CEXs has dropped to October 2020 levels. Coins are not being sold on spot or moved on-chain - the market has shifted into HODL mode.
🤔 #ETH Ethereum community member proposes GDPR-compliant privacy roadmap using modular design and privacy tech to align the network with EU rules, while preserving decentralization.
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🇺🇸💰 Publicly traded KULR buys an additional 118.6 #BTC for $13 million.
📈🦄 #1INCH took 60% of the DEX aggregator market last month, that’s $31.5 billion in volume. In just two months, such a jump happened immediately after the integration of Solana. theblock
💰 Several companies have recently made #BTC purchases:
▪️ H100 Group secures SEK 28.4M via convertible loans and share issuance to accelerate its Bitcoin strategy.
▪️ Meanwhile, the world’s first BTC-denominated insurer, reveals a treasury of 220.4 BTC (~$23M).
▪️ BitMine Immersion (BMNR) buys 100 BTC post-IPO as part of its treasury strategy.
▪️ Belgravia Hartford acquires 4.86 BTC for $500K at $102,848/BTC.
▪️ Japan’s ANAP Holdings converts $11.5B in revenue into BTC.
▪️ H100 Group secures SEK 28.4M via convertible loans and share issuance to accelerate its Bitcoin strategy.
▪️ Meanwhile, the world’s first BTC-denominated insurer, reveals a treasury of 220.4 BTC (~$23M).
▪️ BitMine Immersion (BMNR) buys 100 BTC post-IPO as part of its treasury strategy.
▪️ Belgravia Hartford acquires 4.86 BTC for $500K at $102,848/BTC.
▪️ Japan’s ANAP Holdings converts $11.5B in revenue into BTC.
🕵️ Whale "bc1qpu" withdrew 1,997 #BTC ($212.78M) from Kraken in the past 10 hours.
🆕 Coinbase will list #FARTCOIN perpetual futures on the Coinbase International Exchange and Coinbase Advanced platform at around 9:30 a.m. UTC on June 12, 2025.
🗽📝 The US House Financial Services Committee is set to mark up the amended CLARITY Act (H.R. 3633) on June 10, 2025, aiming to clarify digital asset oversight.
The bill, updated with a substitute amendment by Rep. Hill of Arkansas, defines digital assets as securities (SEC) or commodities (CFTC), addressing consumer protection and market clarity.
Coin Center’s Jerry Brito praises the progress but warns of potential overreach, urging balanced regulation to avoid stifling innovation. This bill could shape the future of US crypto policy.
The bill, updated with a substitute amendment by Rep. Hill of Arkansas, defines digital assets as securities (SEC) or commodities (CFTC), addressing consumer protection and market clarity.
Coin Center’s Jerry Brito praises the progress but warns of potential overreach, urging balanced regulation to avoid stifling innovation. This bill could shape the future of US crypto policy.
📉🤔 Ecoinometrics: #BTC’s volatility has dropped to the 10th percentile, lower than 90% of weeks in the last decade. That’s despite hitting a new ATH and rallying in May.
This is not the old Bitcoin. It’s entering a new regime: strong returns without wild swings. That’s a game-changer for allocators managing volatility budgets.
This is not the old Bitcoin. It’s entering a new regime: strong returns without wild swings. That’s a game-changer for allocators managing volatility budgets.
📊 Glassnode: #BTC jumped from $105K to $108K today - likely fuelled by a wave of short liquidations. Over just 4 hours, total short liquidations spiked from $105K to $359K (24H SMA). Last week’s negative funding rates had pointed to rising short appetite, and today, those bets got squeezed.
📊 Santiment: Traders are seeing the second largest surge in #FOMO in the last 2 weeks.
Historically, markets move in the opposite direction to retailers' expectations.
Historically, markets move in the opposite direction to retailers' expectations.
🇵🇾🔥 President of Paraguay: #BTC will become legal tender