Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis … Read more
Mercuryo has launched Passkey, a new biometric login feature designed to make Web3 payments faster, safer, and easier for users. The update replaces traditional one-time passcodes with fingerprint or face ID verification, allowing users to access their accounts with just a screen lock, according to a note shared with crypto.news. Passkey, developed by the FIDO … Read more
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 time of writing, at 7:30 p.m. Eastern time, bitcoin is changing hands for … Read more
A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from sanctioned Russian banks to help Russians access highly sensitive American technology. Iurii Gugnin was hit with a 22-count indictment and will face charges related to wire and bank fraud, … Read more
BitMine Immersion Technologies (BMNR), a notable player in the Bitcoin mining space, recently made headlines with a significant move that signals a potential shift in its corporate strategy. The company announced its first open market BitMine Bitcoin purchase, acquiring 100 BTC. BitMine Bitcoin Purchase: A New Chapter? According to a GlobeNewswire press release, BitMine confirmed … Read more
In brief Bitcoin’s implied volatility has dropped to 1-year lows as U.S.-China trade negotiations resume at Lancaster House in London. Bitcoin remains above $100,000 (currently ~$108,000) but stays range-bound despite growing appeal as a neutral reserve asset amid geopolitical tensions. While some view Bitcoin as a hedge against currency weaponization, others cite volatility and regulatory … Read more
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 the investment. Additional participants in Turnkey‘s funding included Sequoia Capital, Lightspeed Faction, Galaxy Ventures, Variant, and Wintermute Ventures. This … Read more
Why are traders piling into $300K Bitcoin calls while hedging at $85K fades? Is this a signal the market is bracing for something explosive? Bitcoin price reclaims $107,000 as political jitters fade Bitcoin (BTC) has quietly stabilized after a volatile week in which political headlines briefly disrupted market sentiment. The public dispute between U.S. President … Read more
Crypto prices are showing strength to start the week, with Solana seeing the strongest bounce of any top 10 cryptocurrency on Monday. The SOL price successfully defended the $141 multi-month support level and is now testing key resistance levels. Sidelined investors could soon get an excellent buying opportunity to new highs. Meanwhile, high-quality coins are … Read more
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 holdings to 920 BTC. Those 920 BTC represent a total investment of about $91 million, acquired at an average price of $98,760 … Read more