Sky rolls out staking rewards, distributes $1.6M USDS in first week as SKY price climbs 12%
Sky Protocol, formerly MakerDAO, launched its much-anticipated staking rewards program, and the numbers are already turning heads. In a June 9 post on X, the team revealed that more than $568 million worth of SKY tokens have been staked, with…...
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SEC Chair Touts American DeFi Revolution as ETH Prices Pump 8%
“The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi movement,” said SEC Chair Paul Atkins at the regulator’s latest Crypto Task Force Roundtable on decentralized finance on June 9. Atkins criticized applying “century-old regulatory frameworks” to DeFi and blockchain innovation,...
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Circle IPO Success Suggests Markets Open To New Listings, Especially From Crypto Businesses, Says SPAC King Chamath Palihapitiya
Venture capitalist Chamath Palihapitiya admired Circle Internet Group’s (NYSE:CRL) successful Wall Street debut on Monday, suggesting it could pave the way for more cryptocurrency companies to enter public markets. What Happened: Palihapitiya took to X to comment on the recent public listing of the stablecoin issuing company. He highlighted...
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Bitcoin RCV Indicator Shows Shift From Accumulation To Caution – Is BTC Momentum Fading?
A key Bitcoin (BTC) on-chain metric has moved out of the “buy” zone, signalling a transition away from low-risk accumulation conditions. However, the market still shows signs of bullish strength. Bitcoin On-Chain Indicator Urges Caution According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, Bitcoin’s Realized Cap Variance...
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Signs of Accumulation Emerge as Bitcoin (BTC) Shipped to $110K
Bitcoin broke above $107,000 on Monday in a notable respite and kept climbing to $110,500 on Tuesday morning, following last week’s turbulence sparked by the Trump-Musk fallout. The latest on-chain data now suggests that the crypto asset may be preparing for its next upward move, as several key indicators...
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Global Crypto Exchange ‘IMBX’ Debuts with Next-Generation Trading Platform
[PRESS RELEASE – Seoul, South Korea, June 10th, 2025] IMBX, a new global cryptocurrency exchange, has officially launched its trading platform, introducing a next-generation solution built on high-performance technology, robust security, and an intuitive user interface. The launch positions IMBX as a strong contender in the global digital asset...
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AixuSpeed Reports $500K in Token Commitments Within First 72 Hours of Pre-Sale
[PRESS RELEASE – Shanghai, China, June 9th, 2025] AixuSpeed a meme-inspired cryptocurrency developed with a focus on real-time transaction capabilities, has reported exceeding US $500,000 in pre-sale commitments within the first 72 hours of its offering. The early traction highlights the level of initial interest in the token, which...
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Galaxy Ventures Backs RISE Chain, $8M Raised to Launch Fastest Zone for Real-Time Apps on Ethereum
[PRESS RELEASE – Sydney, Australia, June 9th, 2025] With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and...
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Bitcoin exchange reserves dry up as BTC price approaches $110K — is a new ATH on the horizon?
Bitcoin surged roughly 3.8% over the past 24 hours, briefly breaking above the $110,000 mark before settling around $109,600 by Tuesday morning Asian hours. This move marks Bitcoin’s (BTC) strongest performance in June so far, reversing last week’s drop that…...
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Uphold May Go Public, Betting Big on XRP-Loving Americans
Uphold, the trading app that lets users swap everything from Bitcoin to gold, might be headed for Wall Street. The company is reportedly exploring an IPO or a potential sale, and it’s leaning into one of the loudest corners of the crypto world, the XRP community. The Uphold IPO...
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