Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE). “No need to go public,” Ardoino said on June 7, just two days after Circle, which is behind the stablecoin USDC (USDC), entered the public market … Read more
Key Points: Hong Kong sets August 2025 for Stablecoin Ordinance implementation. Regulation requires compliance on asset management and user redemption. Potential for increased stablecoin usage in international projects. On June 6, 2025, Hong Kong announced the Stablecoin Ordinance will go into effect on August 1, 2025. The initiative outlines a legal framework for stablecoin issuers. … Read more
According to data from Farside Investors, the US Ethereum spot ETF experienced a substantial net inflow of $281.3 million this week, extending its streak to 15 consecutive days of positive capital movement. This marks the longest continuous inflow period since November 2024, highlighting sustained investor confidence in Ethereum-based financial products. Notably, BlackRock’s ETHA ETF led … Read more
Ethereum’s recent ETF inflows have reignited discussions on whether this signals genuine institutional demand or merely a speculative rebound in the crypto market. After a steep drop from $4,000 to $1,500 last year, Ethereum’s price recovery is now approaching a critical technical breakout point, attracting renewed investor attention. According to 10x Research, “The resilience of … Read more
The U.S. digital asset stockpile debate often leans toward prioritizing domestically developed cryptocurrencies, but Jerry Fragiskatos, former Cardano executive, cautions against this limited perspective. COO Warns Against Geographically Narrow Focus The discussion surrounding the United States’ digital asset stockpile often gravitates toward a natural instinct: favoring cryptocurrencies developed within its own borders. However, as Jerry … Read more
El Salvador’s Foreign Agents Law has ignited a fierce debate, with President Nayib Bukele sharply criticizing the European Union’s condemnation of the legislation. The law mandates foreign-funded organizations to register with the government, sparking concerns over potential restrictions on civil liberties and NGO activities. According to the European External Action Service, the law risks undermining … Read more
Key Points: Musk’s statements disrupt government collaborations and trigger increased scrutiny from NASA and Pentagon. $22 billion NASA and Pentagon contracts with SpaceX potentially at risk. Senate allocates $10 billion for NASA’s Artemis program amid controversy. NASA and Pentagon Explore New Partnerships Post Musk-Trump Fallout NASA and Pentagon officials seek alternative spacecraft options following public … Read more
Pump.fun is preparing for a monumental $1 billion ICO, aiming to secure a $4 billion valuation and expand its footprint on major cryptocurrency exchanges. The platform’s ambitious token sale is poised to challenge historical ICO benchmarks, yet key details about its revenue-sharing model remain undisclosed, raising questions among investors. According to COINOTAG, industry analysts emphasize … Read more
Metaplanet Inc. sets a bold new target to expand its Bitcoin reserves to 100,000 BTC by 2026, signaling a transformative shift in corporate treasury strategies. This ambitious plan involves issuing 555 million new shares to finance the acquisition, reflecting strong confidence in Bitcoin’s long-term value. CEO Simon Gerovich highlighted the company’s commitment, stating, “Metaplanet is … Read more
The Bitcoin of yesteryear is gone. In its place is a sprawling, sometimes absurd, sometimes inspiring ecosystem. Call it pragmatism. Call it growth. Just don’t call it maximalist. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. The … Read more