For the first time, institutional and decentralized finance users can now swap between BlackRock’s tokenized U.S. Treasury fund, BUIDL, and Ethena’s USDtb stablecoin around the clock. The new capability, announced by Securitize on June 18, marks a step forward in connecting traditional finance with DeFi. It sets a new standard for how tokenized assets are…
For the first time in Bitcoin’s history, the amount of BTC held dormant for a decade or more is now growing faster than the network is producing new coins. This shift, which began shortly after the April 2024 halving, marks a critical turning point in Bitcoin’s (BTC) supply dynamics, according to a June 18 report…
HYPE could see an 80% upside move if it follows through on a bullish setup targeting the 1.618 Fibonacci extension. According to data from crypto.news, Hyperliquid (HYPE) was trading at $37.96, 270% above its year-to-date lows, with a market capitalization of $12.6 billion. The token reached an all-time high of $45.57 earlier this week, buoyed…
The Smarter Web Company has expanded its BTC treasury to over 346 coins, following a a highly successful fundraise that brought in nearly double its initial target. On June 19, London-listed technology firm The Smarter Web Company announced that it had expanded its Bitcoin (BTC) treasury with the acquisition of 104.28 BTC at an average price…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you’d told me last year that the United States Securities and Exchange Commission commissioners would be defending self-custody of assets and talking about innovation sandboxes for DeFi, I would have raised…
Iran has ordered a curfew on domestic cryptocurrency exchanges after a politically motivated attack on the country’s largest trading platform, Nobitex. According to blockchain analytics platform Chainalysis, the June 18 hack resulted in losses upwards of $90 million. The funds, which included assets like Bitcoin, Ethereum, Dogecoin, Ripple, Solana, Tron, and Ton, were drained from…
Over $440,000 in stolen crypto funds has been secured by New York officials in an ongoing fraud investigation that targeted locals. Authorities from the Brooklyn District Attorney’s Office, the New York State Attorney General’s Office, and the New York State Department of Financial Services jointly disrupted a multi-layered cryptocurrency scam operation that had primarily targeted…
Canadian Solana Treasury firm, SOL Strategies, has submitted an application to the U.S. SEC in hopes of gaining permission to trade on the Nasdaq exchange under the ticker STKE. According to the recently filed official document, SOL (SOL) Strategies intends to trade Common Shares without par value under the the trading symbol “STKE” on the…
Despite Bitcoin’s recent climb above $110,000, altcoins remain stuck in a bearish rut, raising doubts about whether the long-awaited “altcoin season” will materialize anytime soon. According to a June 18 analysis by CryptoQuant contributor Burrakesmeci, one metric tells a compelling story. The 1–Year Cumulative Buy/Sell Quote Volume Difference for Altcoins, excluding Bitcoin (BTC) and Ethereum…
Circle’s stock surged 34% on June 18 to close at $199.59 after the GENIUS Act cleared the Senate. According to Yahoo Finance data, the stock briefly touched an all-time high of $200.90 before closing at $199.59. The move marked a nearly 6.5-fold increase from the company’s initial public offering price of $31 set two weeks…
