Strong speculation about a Binance.US listing is fueling a surge in HYPE’s price. The token is currently consolidating at a key Fibonacci resistance level near $35.91. Arthur Hayes joined the speculation tagging CZ to the news; boosting interest Hyperliquid’s native token, HYPE, is seeing a significant surge in interest and trading activity as strong speculation … Read more
The Blockchain Group, recognized as Europe’s pioneering Bitcoin reserve firm, has formalized a significant capital increase agreement with asset management giant TOBAM, valued at €3 billion including issuance premiums. This strategic move is designed to enhance the company’s Bitcoin reserve holdings by incrementally raising the per-share Bitcoin allocation under full dilution conditions. Under the terms, … Read more
The United States and China will resume high-level trade talks in London on Monday to ease disputes over rare-earth minerals and advanced technology after President Donald Trump and President Xi Jinping spoke by phone last week. Both Washington and Beijing have accused each other of backing away from a May agreement reached in Geneva to … Read more
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public. Ardoino: Valuation ‘A Bit Bearish’ Tether CEO Paolo Ardoino has described an analyst’s $515 billion valuation of the stablecoin issuer as “a beautiful number.” He also suggested … Read more
Japanese investment company Metaplanet’s shares spiked on market opening after announcing its plan to raise $5.4 billion to buy Bitcoin last week. Metaplanet’s stock (3350T) shot up over 12% in the June 9 trading session, trading at 1,505 yen ($10.42), according to Google Finance. However, at its peak of the trading session so far, Metaplanet’s … Read more
China’s $139B liquidity injection fuels Bitcoin’s appeal as a digital safe haven. Institutional CME Bitcoin futures holders hit a record high, rising 36% since January. Bitcoin nears $106K as volume spikes and indicators suggest a bullish breakout. In an economic climate characterized by increasing monetary expansion and escalating geopolitical uncertainty, Bitcoin continues to gain momentum … Read more
It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst. There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg ETF analyst Eric Balchunas in an X post on June 7. “First, we’ll get a … Read more
Bitcoin A shift is underway in Bitcoin’s current bull phase, with experienced holders driving recent sell pressure. Data reveals that long-term holders (LTHs)—those holding BTC for over six months—are cashing out at a higher rate than short-term investors. According to the report at the recent local high, LTHs realized nearly $1 billion in profits daily, … Read more
Bitcoin bull Michael Saylor has downplayed concerns over quantum computing’s impact on Bitcoin, calling it a marketing ploy to pump quantum-branded tokens. “It’s mainly marketing from people that want to sell you the next quantum yo-yo token,” Strategy’s executive chairman said in a June 6 interview on CNBC’s “Squawk Box.” Quantum computing’s potential impact on … Read more
Japanese Prime Minister Shigeru Ishiba said on Monday that Japan must be aware that rising interest rates would push up the government’s debt-financing costs and affect its spending plans, per Reuters. Key quotes Japan has experienced low interest rates for a very long period.So, some quarters of the public don’t know what it is like … Read more