Bitcoin options worth nearly $3B to expire on June 13 — will BTC slide further?
Around $2.96 billion worth of Bitcoin options are set to expire on Friday, June 14, potentially injecting volatility into already fragile crypto markets. According to data from Deribit, the contracts, scheduled to expire at 08:00 UTC, represent one of the…...
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$668 Billion in Bitcoin Now Controlled by Institutions, Is Crypto Still Decentralized?
A new report from Gemini and blockchain analytics firm Glassnode has revealed that centralized Bitcoin treasuries now control 30.9% of the circulating BTC supply. This shift, representing more than 6.1 million BTC or roughly $668 billion at current prices, marks a notable development in the evolution of the asset’s...
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Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings
The U.S. Securities and Exchange Commission (SEC) has hit the pause button on several crypto exchange-traded fund (ETF) proposals, putting approval in doubt. According to filings published this week, the SEC is delaying its decision for three ETF proposals, including…...
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Tencent reopens talks to acquire South Korea’s Nexon, a game developer exploring blockchain
Chinese tech giant Tencent is reportedly considering an acquisition of South Korean game developer Nexon. A Bloomberg report citing unnamed sources claimed that Tencent has approached the family of Nexon’s late founder, Kim Jung-ju, to explore a potential deal. While…...
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XRP targets $5 but Little Pepe presale steals the spotlight as it raises $200,000 on day 1
Crypto is buzzing again, and while XRP courts Wall Street with real-world deals, Little Pepe is crashing the party with meme-fueled momentum and a $200k presale debut. #partnercontent...
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My Big Coin execs to pay nearly $26M in fines to CTFC
The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.”...
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Coinbase CEO Brian Armstrong Teases Crypto Credit Card Powered By American Express—Bitcoin Cashbacks Offered, But Here’s The Catch
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong unveiled the company’s cryptocurrency credit card Thursday that will offer cashback rewards in Bitcoin (CRYPTO: BTC). What Happened: Armstrong took to X to showcase the new Coinbase One Card. The card, made of metal and engraved with Bitcoin’s Genesis block, is powered by payments giant American Express Co. (NYSE:AXP)....
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GameStop raises planned convertible note offering to $2.25B from initial $1.75B
GameStop has raised the size of its planned convertible note sale to $2.25 billion from the original $1.75 billion. According to the company’s June 12 press release, the notes, which do not pay interest and are due in 2032, will…...
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Shopify to pilot USDC payments via Coinbase and Stripe
Shopify will begin letting merchants accept stablecoin payments in USDC starting later this month. The move was first reported by Fortune on June 12 and marks the company’s most extensive crypto integration to date. Select U.S. merchants will be able…...
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Bitcoin Still Below Historical Top Signal – MVRV Z-Score Supports Upside Potential
Bitcoin is facing a crucial test as it consolidates just below all-time highs, teasing a breakout into price discovery. After briefly tagging the $112,000 mark, BTC pulled back slightly, and volatility has surged, leaving investors uncertain about the next direction. While some fear a potential correction, many analysts remain...
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