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) gathering, which is slated for June 18. Bitcoin Defies Credit Downgrade—Expert Says Confidence Is … Read more
In brief In February, Argentine President Javier Milei promoted the LIBRA meme coin. After the Solana-based token crashed in value, multiple investigations were started. The country’s corruption office ruled that President Milei did no wrong. Argentina’s anti-corruption unit has cleared President Javier Milei for his involvement in the debut of the LIBRA meme coin, according … Read more
Key takeaway: Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting its short-term upside potential. Some analysts anticipate … Read more
In the dynamic world of cryptocurrencies, the movements of large holders, often dubbed ‘whales’, can send ripples through the market. These significant players, with their substantial capital, have the power to influence sentiment and price action. Recently, the spotlight fell on an anonymous crypto whale who executed a truly massive trade, injecting considerable capital into … Read more
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 third-highest weekly inflow of 2025. Bitcoin ETFs Log Second Straight Week of Outflows While … Read more
Key Insights: In latest Bitcoin news, The Blockchain Group plans to raise €300M to expand its Bitcoin treasury. With 1,471 BTC valued at $154M, Blockchain Group’s new €300M ATM raise aims to significantly boost its holdings. Institutional Bitcoin demand rises as Blockchain Group follows the lead of firms like MicroStrategy, which holds 580,000 BTC. In … Read more
According to a report by COINOTAG News on June 10th, the official X account of Paraguay’s President was compromised, resulting in the dissemination of false information. The hacker falsely asserted that Bitcoin had been adopted as legal tender in Paraguay, misleading various media outlets. This incident underscores the growing cybersecurity challenges faced by public figures … Read more
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 $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start of … Read more
The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image … Read more
Bitcoin Core developers reaffirm the principle of user autonomy in software selection, underscoring the network’s commitment to decentralization and censorship resistance. The announcement sparked vigorous community debate regarding the role of non-monetary data on the Bitcoin blockchain, though no immediate financial repercussions were observed. According to a statement from Bitcoin Core, “Bitcoin is a network … Read more