Bitcoin eyes $110k, but this new memecoin could make investors wealthy
As Bitcoin edges toward $110k, a new contender, XYZVerse, is drawing attention for its blend of sports fandom and memecoin momentum. #partnercontent...
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Institutional Appetite Grows as Bitcoin ETFs Rebound with $1.07B in 4 Days
Bitcoin’s institutional narrative looks to be back on track, with spot BTC ETFs attracting more than $1 billion in fresh capital against a backdrop of significant market upheavals triggered by Middle East tensions. On-chain data shows a four-day inflow streak into U.S. spot Bitcoin ETFs, decisively reversing a brief...
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Friday the 13th Meme Coin Massacre: SPX and FARTCOIN Plunge by Double Digits
TL;DR Meme coins suffered a significant decline today (June 13), with their total market capitalization dropping by 8% in hours. DOGE and SHIB are among the affected ones, heading south by 6-7% each, but SPX and FARTCOIN lead the adverse trend. Memes Bleed Out The cryptocurrency sector and the...
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First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment
In a move that’s shaking the market, publicly traded DeFi Development Corp. (DFDV) announced a staggering $5B equity line of credit with RK Capital. The firm has made its intentions clear. The entire $5B line will be used to acquire Solana ($SOL), dramatically increasing its already substantial holdings. According...
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Is it the time to buy Bitcoin? $170,000 setup looks like “a ticking time bomb”
Is $170,000 still a valid projection when Bitcoin derivatives show concentrated open interest at $140,000, or is the market setting itself up for another correction? Softer CPI data fuels BTC recovery attempt Bitcoin (BTC) climbed to $110,400 on Jun. 11…...
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Elizabeth Warren Slams Mark Zuckerberg Over Reported Stablecoin Ambitions, Citing ‘National Security Threat’ — Meta Says No Such Plans
Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) raised concerns over Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg‘s potential stablecoin revival plans. What Happened: The Senators voiced their apprehensions to Zuckerberg in a letter on Wednesday, saying that reports of Meta’s pursuit of a stablecoin project raise “serious concerns.” The senators are worried that if large...
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Tencent Is Looking to Buy Nexon, the Creator of Web 3 Gaming Franchise MapleStory
Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 gaming, including the ambitious MapleStory franchise. The firm has reportedly approached the family of Nexon’s late founder...
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Ether Plunges 7% as Traders Flee to Dollar and Gold After Israel Strikes Iran
Ether (ETH) ETH tumbled more than 7% over the past 24 hours, falling from a session high of $2,770.56 to as low as $2,477.71 before recovering slightly to $2,536 at press time. The sharp decline came amid a broad risk-off move across global markets following Israeli airstrikes on Iranian...
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Crypto Daybook Americas: Bitcoin Weathers Market Rout as Israel Hits Iran
By Francisco Rodrigues(All times ET unless indicated otherwise) Cryptocurrencies slid as Israeli airstrikes on Iran’s nuclear and missile sites roiled global sentiment and sent investors fleeing risk assets. The CoinDesk 20 Index (CD20), a measure of the broad crypto market, lost 6.1% over 24 hours, and bitcoin (BTC), seen...
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Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall Street Journal. These corporate digital tokens, pegged to the U.S. dollar or other government-backed currencies, could dramatically reduce merchant fees and speed up payment settlements, disrupting the...
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