The Polyhedra Network price bounced back on Monday as investors attempted to buy the dip after it plunged by over 87% on Sunday. Polyhedra Network (ZKJ) token was trading at $0.374, up 47% from its lowest point this week. This jump brought its market capitalization to $101 million, down from last week’s high of $620…
Canadian digital assets firm Universal Digital is divesting from its altcoin holdings and working with companies across Asia to adopt Bitcoin reserves. Bitcoin treasuries are becoming increasingly attractive for both crypto and tradFi firms. On June 16, Canadian digital assets firm Universal Digital announced plans to swap its altcoin holdings and exchange them for Bitcoin….
JPMorgan Chase has filed a trademark application for “JPMD,” prompting speculation the bank may be preparing to launch its stablecoin. The application, filed on June 15 with the U.S. Patent and Trademark Office, describes JPMD as a service for “trading, exchange, transfer, and payment services for digital assets,” among other crypto-related functions. The bank has…
Sky Protocol token has bounced back in the past few months, as most large-cap decentralized finance coins jumped. Sky Protocol (SKY) price jumped to a high of $0.09475 on Monday, June 16, up 190% from its lowest point this year. This surge has pushed its market capitalization to over $1.95 billion. Sky token’s rally coincided…
Bitcoin and most altcoins rose on Monday, June 16, as fears surrounding the ongoing Israel–Iran conflict subsided and accumulation continued. Bitcoin (BTC) jumped to $107,000, its highest point since June 12, while the market capitalization of all cryptocurrencies rose to $3.34 trillion. Some of the top gainers were tokens like Jito (JTO), SPX6900 (SPX), Hyperliquid…
Maple Finance token price continued its strong rally on Monday, reaching its highest point since November. Maple Finance (SYRUP) price jumped by over 8% on June 16, up 512% from its lowest point this year. This surge has pushed its market capitalization to over $600 million, while its 24-hour volume soared 74% to $90 million….
Despite the recent market turbulence, investors appear to be buying the dip as crypto investment products continue to record steady inflows. Per CoinShares’ most recent digital asset funds report, crypto investment products recorded $1.9 billion in inflows over the past week, marking their ninth consecutive week of gains. Bitcoin (BTC) dominated with $1.3 billion in…
Metaplanet has surged past Kioxia Holdings in market cap, hitting $6.9 billion after its stock skyrocketed nearly 400% in under two months. AMetaplanet Inc., a Japanese firm known for its aggressive Bitcoin (BTC) accumulation strategy, has overtaken chipmaker Kioxia Holdings Corp. in market capitalization, hitting over ¥1 trillion ($6.9 billion) after its stock surged nearly…
Roman Storm, the embattled co-founder of the privacy mixer Tornado Cash is still receiving industry support as the Ethereum Foundation steps in with fresh financial support for his upcoming hearing. According to a recent announcement, the Ethereum Foundation is donating $500,000 to the legal defense of Roman Storm. The cash pledge comes as the Tornado…
Swedish health tech giant H100 Group has secured an initial $15.82 million convertible loan from Adam Back to accelerate its BTC accumulation strategy, with plans for additional tranches. On June 16, Swedish-listed H100 Group announced that it had signed a new investment agreement with Adam Back, CEO of Blockstream, securing an initial convertible loan guarantee…
