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BlackRock’s iShares Bitcoin Trust (IBIT) “just blew through $70 billion” in assets under management, observed Bloomberg ETF analyst Eric Balchunas on June 9. It is now the fastest ETF ever to hit that mark in only trading 341 days, he said before adding that this is five times faster...

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...

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,…...

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…...

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....

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…...

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…...

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,...

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…...