Bitcoin Hashrate Crashes 9%—Just Noise Or Something Brewing?
On-chain data shows the 7-day average value of the Bitcoin Hashrate has crashed by more than 9% since its all-time high (ATH). Bitcoin Hashrate Has Seen A Sharp Drop Recently The Bitcoin Hashrate refers to a metric that keeps track of the total amount of computing power that the...
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Cardano launches its first Bitcoin DeFi protocol ‘Cardinal’
Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano (ADA) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano,…...
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South Korea’s Democratic Party advances Digital Asset Basic Act to regulate crypto
South Korea’s Democratic Party has formally proposed the Digital Asset Basic Act, introducing a stablecoin licensing regime and expanded oversight under President Lee Jae-myung’s administration. During a June 10 press conference, lawmaker Min Byeong-deok announced the bill’s submission, calling it…...
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French banking giant Société Générale confirms launch of new stablecoin on Ethereum and Solana
Socit Gnrale’s stablecoin launch signifies a pivotal shift in traditional banking towards embracing blockchain technology and digital finance. The post French banking giant Société Générale confirms launch of new stablecoin on Ethereum and Solana appeared first on Crypto Briefing....
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Fartcoin breaks out as golden cross and shark pattern point to $2 rally ahead
Fartcoin could potentially see significant gains ahead amid hype surrounding an upcoming spot listing on Coinbase. According to data from crypto.news, Fartcoin (FARTCOIN) shot up 22% to an intraday high of $1.26 on June 10, morning Asian time, pushing its…...
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Staked Injective ETF in sight as Canary Capital registers Delaware trust
Canary Capital has registered a Delaware trust for a staked Injective ETF, marking an early step toward potentially launching a tradable INJ product in the U.S. Canary Capital has established a trust for an exchange-traded fund offering exposure to staked…...
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$340M Bitcoin Bet: The Blockchain Group Pushes Institutional Crypto Wave In Europe
A Bitcoin-focused company based in Paris wants to raise $340 million through a unique kind of share sale that happens day by day. Blockchain Group, known for stacking Bitcoin on its balance sheet, announced plans to partner with asset manager TOBAM to make it happen. The money, if raised,...
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Circle IPO prompts $50m investment from Japan’s SBI Holdings
Japanese banking firm SBI Holdings has announced a $50 million joint investment into Circle, following its recent $1.1 billion IPO. According to the financial giant’s official press release, the total investment worth at least $50 million will be divided equally…...
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Uphold weighs IPO or sale at $1.5B+ valuation
Uphold is weighing a potential initial public offering or strategic sale as it explores ways to fuel further growth. Digital asset platform Uphold is exploring a potential IPO in the U.S. or a strategic sale, CEO Simon McLoughlin told The…...
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Circle Stock Has Popped 271% Since NYSE Debut, Now A KPMG Consultant Says This Is The Next Big Thing After Stablecoins
Tarun Anand, KPMG’s Blockchain and Digital Asset Consultant, said stablecoins, real-world asset tokenization and decentralized physical infrastructure networks will be the key cryptocurrency narratives to watch out for in the next few years. What Happened: In an exclusive chat with Benzinga at the recently held Consensus 2025 event, Anand...
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