Key takeaways: An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag. ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit. Ethereum options skew turned sharply negative, indicating growing bullish trader positioning. A high-stakes Ether (ETH) long trade is making waves just … Read more
OneBalance, a developer platform for multichain applications, has closed a $20 million Series A funding round to streamline the crypto user experience (UX) for developers and fintechs. The $20 million investment round was led by cyber•Fund and Blockchain Capital, with participation from Bybit’s Mirana Ventures and L2IV. Founded by an ex-Coinbase engineer and core contributors … Read more
Evertz Pharma GmbH, a company focusing on premium natural cosmetics, has become Germany’s first company to adopt a strategic Bitcoin reserve model by purchasing an additional 100 BTC in May 2025—valued at approximately €10 million (~$10.8 million USD), according to a press release. The adoption marks a continued expansion of the company’s BTC treasury, which … Read more
David Paul Morris/Bloomberg via Getty Images The annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices at the gasoline pump. And while inflation was relatively tame, economists said they expect President Trump’s tariff policy to raise consumer prices in coming months — and that there was already … Read more
The U.S. and China have reached an agreement on trade, representatives from both sides said after a second day of high-level talks in London, with the deal now awaiting a nod from the leaders of the two countries. “We have reached a framework to implement the Geneva consensus and the call between the two presidents,” … Read more
What happened during the o3 AI shutdown tests? What does it mean when an AI refuses to shut down? A recent test demonstrated this behavior, not just once, but multiple times. In May 2025, an AI safety company called Palisade Research ran a series of tests on some of the most advanced AI models, including … Read more
If daily challenges, unlockable rewards, and a sense of progression sound like your kind of thing, then Loki Casino’s Royal Quests might just be your new favourite feature. With a mix of achievable goals and generous prizes, it’s a promotion that turns regular play into something far more rewarding. Table of Contents What Are Loki … Read more
The recent departure of a high-ranking US consumer protection regulator comes amid concerns that market participants, including crypto holders, are being left to fend for themselves. On June 10, Cara Petersen, acting enforcement director of the Consumer Financial Protection Bureau (CFPB), reportedly resigned with a scathing letter criticizing President Donald Trump’s administration, namely the “thoughtless” … Read more
Brian Quintenz declined to say whether he supports maintaining a bipartisan balance at the Commodity Futures Trading Commission during a Senate nomination hearing on Tuesday, avoiding a key question from lawmakers weighing his potential return as chair. Quintenz, a former commissioner at the Commodity Futures Trading Commission (CFTC) and US President Donald Trump’s nominee to … Read more
The Euro (EUR) is up marginally vs. the US Dollar (USD), trading toward the mid-1.14s on the back of the broader market’s muted reaction to the US/China talks. Markets digest ECB headlines in absence of fundamental data “There have been no major releases, offering little in terms of fundamentally-driven price action. The ECB however, continues … Read more