BitMine announces $18M public offering to buy Bitcoin
BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has…...
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Reddit sues AI firm Anthropic over unauthorised data scraping for Claude
Social media platform Reddit has filed a lawsuit against AI startup Anthropic, accusing it of unauthorized data scraping to train its Claude chatbot. In its Wednesday filing in San Francisco Superior Court, Reddit alleged that Anthropic accessed its platform more…...
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Circle Cashes In Big With $1.1B IPO Ahead of NYSE Debut
Circle, the company behind the USDC stablecoin, just pulled off one of the most talked-about IPOs of the year. Priced at $31 per share, Circle’s public debut wasn’t just solid, it blew past the expected range of $27 to $29, and the Circle IPO raised over $1.1 billion. The...
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JPMorgan Will Now Let Clients Borrow Against Bitcoin ETFs
JPMorgan is finally giving Bitcoin a bit more credit, literally. The banking giant has started allowing select clients to use spot Bitcoin ETFs as collateral for loans. The Bitcoin ETF loan program is designed for high-net-worth individuals and institutions looking for flexible credit solutions. A Conservative Embrace of Crypto...
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Bitcoin’s ‘Boring’ 2025 Hides the Most Important Shift in Crypto History: Analysts
“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.”...
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Variational Announces $1.5 Million Strategic Round And Launches Referral Program
[PRESS RELEASE – George Town,, Cayman Islands, June 4th, 2025] Variational powers Omni, a platform that allows users to trade perpetual futures on hundreds of markets with zero fees. Variational, a protocol for peer-to-peer derivatives trading on Arbitrum, announced today that it has raised $1.5 million in strategic funding...
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$ZEUS Marking His Territory: Announcing An IP Collaboration with Original Zeus Artist and Trademark Holder
[PRESS RELEASE – London, UK, June 4th, 2025] The original artist of Zeus is in. The IP owner of Pepe’s dog is in. And now some of the biggest names with real Matt Furie legacy have formally joined the $ZEUS project, positioning it as a meme coin with verified creative...
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Profit-Taking Continues in Crypto Market as Dogecoin, Cardano’s ADA Lead Majors Slide
Profit-taking continued to weigh down crypto markets Thursday as Dogecoin DOGE and Cardano’s ADA ADA led declines among major tokens, with bitcoin BTC little-changed over the past 24 hours. XRP XRP, Solana’s SOL SOL and BNB Chain’s BNB BNB shed 1.5%, while Tron’s TRX TRX was the only major...
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Hong Kong Set to Allow Crypto Derivatives Trading
The Securities and Futures Commission, Hong Kong’s securities regulator, is planning to allow professional investors to trade crypto derivatives, marking a significant expansion of the territory’s virtual asset market offerings, according to a report from China Daily. Crypto derivatives are a considerably larger market than spot trading. Data from...
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Circle IPO priced above range at $31 per share ahead of NYSE debut
Circle has priced its initial public offering at $31 per share, higher than expected, ahead of its June 5 debut on the New York Stock Exchange. According to a June 4 report from Reuters, the stablecoin issuer raised $1.05 billion…...
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