Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from the ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3 and 4, US spot Bitcoin (BTC) ETFs were again hit with outflows on Thursday, totaling $278 million, according to SoSoValue data. … Read more
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “we have won battle against inflation in Europe.” “Important to keep full flexibility,” he further noted. Market reaction EUR/USD is losing 0.11% on the day to trade at 1.1430 when writing. Euro FAQs The Euro is the currency for the 19 European Union countries that belong to … Read more
Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down the ApeCoin decentralized autonomous organization (DAO) and replace it with a new management entity called ApeCo. In a new Ape Improvement Proposal (AIP), Yuga Labs CEO Greg Solano said the DAO played a crucial role in the project’s early momentum, … Read more
According to the latest data from the @pandajackson42 dashboard, Binance’s Alpha token demonstrated robust market activity on June 5th, with a trading volume hitting an impressive $1.85 billion. Other notable performers included ZKJ, which recorded a substantial $1.33 billion in trading volume, followed by KOGE at $253 million and TAIKO at $37.24 million. These figures … Read more
DOG Bitcoin memecoin experiences a significant 14% drop in 24 hours, marking it as the top loser amid a broader market cooldown. Despite the recent decline, DOG maintains strong trading volumes and has gained nearly 50% over the past month, reflecting sustained investor interest. According to COINOTAG, “DOG’s unique position as a Bitcoin-native memecoin sets … Read more
The cryptocurrency market is reeling from the escalating public feud between US President Donald Trump and Tesla CEO Elon Musk. Total liquidations have surged in the past 24 hours, nearing $1 billion. Furthermore, the overall market capitalization has dropped, with seven of the top 10 cryptocurrencies posting losses today. How Did The Trump-Musk Feud Impact … Read more
The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the … Read more
Dogecoin founder Billy Markus publicly criticized former President Donald Trump’s tariff policies on X, labeling them as “stupid” and sparking widespread debate in the crypto and financial communities. Markus highlighted the complexity and potential economic risks of using tariffs as a blanket solution, emphasizing the unintended consequences on global markets and trade relations. According to … Read more
The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst. “When these two further rate cuts come, if they’re coming a lot sooner than expected, that will then impact heavily on the future price moves or crypto on Bitcoin and some other … Read more
The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is … Read more