President Trump slams Fed Chair Jerome Powell for refusing to cut interest rates, leaving America’s monetary policy unchanged again. As a result, Bitcoin has seen minimal price movement ever since. In a recent post shared to Trump Media & Technology Group-owned social media platform Truth Social, President Donald Trump did not hold back from harshly…
Bitcoin and stablecoins are stealing the spotlight, and one company hopes to tap into both of them. Bitcoin (BTC) and stablecoin narratives converge in the latest funding round. On Thursday, June 18, BitVault secured a $2 million investment to build a Bitcoin-backed stablecoin. The bvUSD stablecoin will launch on Katana, a new chain incubated by…
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…
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…
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…
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…
The Federal Reserve has decided to keep interest rates at current levels, maintaining a cautious stance on inflation. A strong labor market, steady growth, and somewhat elevated inflation prompted the Fed to hold rates steady. On Wednesday, June 18, the Federal Open Market Committee announced it would maintain rates in the 4.25% to 4.5% range,…
As Bitcoin mining enters a new chapter post-halving, HIVE Digital Technologies is taking a measured, ambitious approach to growth. In this interview, Darcy Daubaras, CFO of HIVE, offers an inside look at how the company plans to scale its hashrate to 25 EH/s by the end of 2025 while sticking to its no-debt philosophy and…
In a move straight from the Strategy playbook, Prenetics has become the first health sciences firm to execute an aggressive Bitcoin treasury strategy, securing $20 million worth of BTC and appointing crypto veteran Andy Cheung to its board. According to a press release on June 18, Nasdaq-listed health sciences firm Prenetics Global has bought $20…
Geopolitical risks and macroeconomic uncertainty are creating a risk-averse environment, and Bitcoin and crypto could slide further. Crypto markets have been under pressure over the past week, mainly due to global instability. On Wednesday, June 18, the overall crypto market dropped 1.06% to $3.25 trillion, with Bitcoin (BTC) falling to a daily low of $103,396,…
