Ethereum has staged a notable recovery after its sharp selloff toward the $1.5K region earlier this month. While the broader market structure remains bearish on the higher timeframe, buyers have managed to defend a major demand zone and are now attempting to build a short-term recovery. At the same time, derivatives data shows improving buying…

Bitcoin Magazine ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users Intercontinental Exchange and OKX announced Monday the formation of a 50/50 joint venture designed to bridge regulated traditional market infrastructure with the global crypto trading ecosystem — a deal that puts the owner of the New York Stock…

Bitcoin Magazine Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a U.S.-Iran peace deal that gave risk assets a short-lived lift. The move…

Bitcoin Magazine Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC. The Dallas-based…

Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program.…

The rough market conditions and the global uncertainty have failed to faze the Tom Lee-chaired Ethereum buying machine, as Bitmine has spent approximately $90 million to acquire 52,203 ETH over the past week. Lee remains highly bullish on the industry, despite the repeated rejections at key price levels and the fact that Bitmine is still…

Bitget has launched Stock+, a new feature that lets eligible users buy real US stocks and ETFs using USDC and other digital assets, expanding the exchange’s push into the overlap between crypto balances and traditional market exposure. TL;DR Bitget says Stock+ allows eligible users to purchase real US stocks with crypto funding. The feature sits…

After hinting at buying more bitcoin on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, announced on X minutes ago that the firm had acquired another 520 BTC for $35 million. Thus, its total holdings have grown to 847,363 units, currently valued at almost $55 billion. What’s more interesting about this announcement is the fact…

Ripple’s cross-border token was at the forefront of gains last summer when its price reached a historic peak of around $3.65. However, back then the broader crypto market was booming, while the past several months have delivered heavy losses for the bulls. XRP has shed approximately 65% of its valuation, yet it remains the subject…

A new Ethereum Research proposal has revived one of the network’s most sensitive debates: who should pay for the public goods, research and infrastructure that the Ethereum ecosystem depends on? TL;DR A new Ethereum Research post proposes “validator redirected revenue.” The mechanism would let validators signal a redirect rate from 0% to 10% of staking…

Hu Shi is allegedly a senior member of Prince Group, which has been sanctioned by the U.S. government Tokyo Metropolitan police have arrested alleged crypto crime kingpin Hu Xiaowei, aka Hu Shi, after tracking his movements across various luxury hotels in Osaka. Hu is believed by police to be a high-ranking member of Prince Group, which…

South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based global remittance infrastructure, adding another traditional finance name to the growing list of firms experimenting with stablecoin settlement rails. TL;DR Toss Bank has signed an MoU with the Solana Foundation. The partnership focuses on a proof-of-concept for global…

The Bank of England has abandoned previous proposed rules on stablecoins in its final policy and draft rules. The latest revisions were made in response to widespread concern that the rules would stand in the way of the market’s growth and development. Relaxed Rules The central bank revealed on Monday that it has scrapped its…

The Bank of England has softened its proposed framework for systemic sterling stablecoins, dropping individual holding limits and replacing them with a planned aggregate cap on issuance by each systemic issuer. TL;DR The Bank of England has moved away from proposed individual stablecoin holding limits. The revised framework points to a temporary £40 billion issuance…

Bitcoin experienced some volatility on Sunday evening after the unsuccessful conclusion of the peace talks in Switzerland, but it rebounded from $63,300 and was stopped at $64,800. Most larger-cap altcoins have remained stable as well, with ETH closing at $1,750 and SOL aiming at $75. BTC Back at $64K It was a week ago when…

Taiko, the Ethereum layer 2 blockchain, has urged users to withdraw their funds from all bridges deployed on the network immediately. This follows a confirmation of a security breach involving the network’s chain state verification mechanism. We have confirmed a compromise of Taiko’s chain state verification mechanism. As a result, the security assumptions of all…

Crypto markets spent the weekend in the red as hopes for a peace deal between the US and Iran remain fragile. US equity market futures have opened lower as investors await details of US-Iran talks in Switzerland, according to the Kobeissi Letter. Meanwhile, President Trump has ramped up the rhetoric again, posting on Truth Social…

Bitcoin’s weekend rebound is running into a familiar problem: several TradingView analysts are still treating the move as a retest rather than a confirmed reversal. TL;DR Three TradingView ideas point to Bitcoin struggling beneath important resistance after a recent breakdown. SHAY_ANALYTICS says BTC remains bearish while it trades below the former triangle support and Ichimoku…

The Proof-of-Stake (PoS) blockchain network, Algorand, has revealed that it is pushing toward becoming quantum-resistant by the end of 2027. The announcement comes as concerns about the post-quantum threat rise in the crypto space. According to a blog post by the network’s team, the quantum threat has been deemed a serious risk to the security…

Bitcoin’s recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria. View original TradingView chart TL;DR TradingView analyst kiv1n mapped a BTCUSDT long setup using liquidation levels, with an optimized target near $67,450. That Martini Guy said Bitcoin…

Michael Saylor has returned to one of the most dramatic periods in Strategy’s Bitcoin bet, contrasting the company’s 2022 balance sheet stress with what he says is now a much stronger reserve position. When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR…

After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the…

Despite the bears still being in control, the Bitcoin network is seeing a surge in transaction activity. Given the nature of this network activity, market participants may wonder whether the development is a bullish signal or a cause for concern. According to this week’s CryptoQuant report, record-high transaction counts are driving the surge in Bitcoin…