The early days of June revealed signs of stirring activity within the digital currency market, with Bitcoin’s exchange supply dwindling at an accelerated rate. This sharp reduction has driven Bitcoin’s price to an unprecedented peak of $111,000 before retracting to approximately $104,000. Despite this decline, it sets the stage for altcoins to seize potential gains … Read more
Japanese companies increased their capital spending in the first quarter of this year, even as new American tariffs bit into some crucial imports. The trend suggests resilient domestic demand and business confidence despite trade tensions worldwide. Capital spending, excluding software, rose 6.4% from a year ago, the Ministry of Finance of Japan said. That was bigger … Read more
The Agricultural Bank of Russia is considering crypto-based tools as an alternative to traditional settlement methods for exporting over 49.5 million tonnes of grain. This measure could open the agricultural commodities market to digital assets, pioneering this use case. Russia Mulls Crypto Settlements for Grain Exports Russia is increasingly open to crypto adoption. The Russian … Read more
Bitcoin and AI tokens were beaten by Ethereum, which had a 46% monthly gain, beating all other major crypto sectors. ETH fee burns throughout the space topped at $22.4 million, with Uniswap and Metamask accounting for the majority of that. DeFi activity remains strong, growing in wallets, exchanges, and infrastructure apps. Ethereum’s momentum remains bullish, … Read more
Online marketplace pioneer and Bitcoin OG Ross Ulbricht has received millions of dollars in BTC donations following his first public appearance since being released from prison. According to blockchain tracking firm Lookonchain, Ulbricht received 300 BTC, worth about $31.4 million, to his donation wallet early on Sunday. Arkham data suggests that most of the coins … Read more
IG Group, a United Kingdom-listed trading and financial services company, is launching cryptocurrency trading to retail investors, expanding its footprint in the digital assets space. IG customers can now access 31 crypto assets, including Bitcoin (BTC), Ether (ETH), XRP (XRP) and a variety of altcoins and memecoins such as Bonk (BONK), the company said in … Read more
Japanese investment firm Metaplanet has invested more of its company funds into buying 1,088 Bitcoin, bringing its total BTC holdings even closer to 9,000 BTC. According to the company notice, Metaplanet just spent around $117.7 million to purchase more BTC (BTC) for its holdings. On June 2, the Tokyo-based investment firm bought 1,088 BTC at … Read more
Crypto gaming startup Orange Cap Games (OCG) has acquired the intellectual property of the Ethereum-based non-fungible token collection Moonbirds from Yuga Labs. OCG said on May 30 that it bought the Moonbirds, Mythics and Oddities NFT collections from Yuga, but did not disclose details or pricing of the deal. It comes a little over a … Read more
Crime French authorities have formally charged 25 individuals aged between 16 and 23 in connection with a series of attempted violent robberies targeting cryptocurrency-affluent individuals, according to reports from local media outlets. The investigation centers on a foiled May 13 attack involving the family of Paymium CEO Pierre Noizat. During the incident, four armed assailants … Read more
Two New York Police Department detectives are under investigation for their alleged involvement in the captivity of an Italian cryptocurrency entrepreneur. Unapproved Security Services Two New York Police Department (NYPD) detectives who reportedly provided security at a luxury apartment where an Italian cryptocurrency entrepreneur was held captive are under investigation. Detectives Roberto Cordero and Raymond … Read more