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blockonomi.com Why is the Crypto Market Down Today?

TLDR: Crypto markets slumped after Israel launched strikes on Iran, escalating geopolitical tensions. Bitcoin, Ethereum, and altcoins saw major losses as investors exited risk assets. Over $1.14B in crypto liquidations occurred in 24 hours, intensifying the market drop. A major Bitcoin whale deposited 1,000 BTC to Binance, signaling profit-taking amid panic. The crypto market is [...] The post Why is the Crypto Market Down Today? appeared first on Blockonomi.

bitcoinist.com $668 Billion in Bitcoin Now Controlled by Institutions, Is Crypto Still Decentralized?

A new report from Gemini and blockchain analytics firm Glassnode has revealed that centralized Bitcoin treasuries now control 30.9% of the circulating BTC supply. This shift, representing more than 6.1 million BTC or roughly $668 billion at current prices, marks a notable development in the evolution of the asset’s market structure. The researchers argue that […]

blockonomi.com What If Pepe Coin (PEPE) Had Real Utility? Little Pepe (LILPEPE) Is Redefining the Frog-Themed Meme Coin Scene in 2025

Pepe Coin (PEPE) was the meme rocket that lit up the crypto sky, soaring on pure internet energy. But after the party, it was realized that PEPE had no real utility—no tech, no roadmap, just vibes. It was fun while it lasted, but it left a question hanging in the swampy air: What if a [...] The post What If Pepe Coin (PEPE) Had Real Utility? Little Pepe (LILPEPE) Is Redefining the Frog-Themed Meme Coin Scene in 2025 appeared first on Blockonomi.

news.bitcoin.com DeFi Development Corp. Secures $5 Billion Equity to Boost Solana-Focused Strategy

DeFi Development Corp. has announced a $5 billion equity line of credit to strengthen its Solana-focused treasury and accelerate its SOL per share growth strategy, marking a major commitment to the expanding Solana ecosystem. $5 Billion Equity Line to Drive DeFi Dev Corp’s Solana Accumulation DeFi Development Corp. (Nasdaq: DFDV), the first publicly listed U.S. […]

bitcoinist.com Bitcoin Still Below Historical Top Signal – MVRV Z-Score Supports Upside Potential

Bitcoin is facing a crucial test as it consolidates just below all-time highs, teasing a breakout into price discovery. After briefly tagging the $112,000 mark, BTC pulled back slightly, and volatility has surged, leaving investors uncertain about the next direction. While some fear a potential correction, many analysts remain confident that the uptrend is still […]

news.bitcoin.com Bitcoin Liquidations Surge to $1.16 Billion; Economist Claims BTC Is 15% Lower vs. Gold

Economist Peter Schiff has renewed his criticism of bitcoin, questioning its status as “digital gold” after the cryptocurrency marginally dropped following Israel’s military strike on Iranian nuclear facilities. Gold Surges After Israeli Strikes Economist and bitcoin critic Peter Schiff appeared to reignite a feud with bitcoin maximalists by questioning bitcoin ( BTC)’s “digital gold” credentials […]

news.bitcoin.com Hit by a Crypto Scam? Ohio Offers 6 Steps to Take Before It Gets Worse

Ohio’s six-step crypto fraud rescue plan puts victims in control, arming them with powerful tools to freeze wallets, preserve evidence, protect identities, and fight back. Ohio’s 6-Step Blueprint for Crypto Scam Victims: From Wallet Freeze to Reporting The Ohio Attorney General’s Office published a detailed consumer advisory on June 11 addressing the rise in cryptocurrency-related […]

bitcoinist.com Bitcoin Whales Steadily Pulling Funds From Binance – What’s Fueling The Action?

Even as bearish pressure builds, Bitcoin’s price continues to hold above the $109,000 mark after its recent rebound that pushed its price beyond $110,000. BTC’s rebound has triggered a wave of renewed conviction, as evidenced by massive outflows by whales on the Binance crypto platform. Large BTC Holders On Binance Draining Holdings As Bitcoin surges […]

bitcoinist.com GameStop Preps War Chest For Potential $1.75 Billion Bitcoin Play

GameStop has told investors it plans to raise $1.75 billion through convertible notes, just a day after adding 4,710 BTC to its balance sheet. The private offering is aimed at qualified institutional buyers. It carries no cash interest and will come due in mid-2032. Related Reading: Russia Gets Tough On Crypto Miners—Illegal Operations Face Asset […]

news.bitcoin.com Court Slams My Big Coin With $25M Penalty Over False Cryptocurrency Claims

A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability. CFTC Secures Judgment Against My Big Coin for Crypto Fraud Scheme The Commodity Futures Trading Commission (CFTC) announced on June 11 […]

news.bitcoin.com SEC Undermines Legitimacy of Crypto Oversight, Watchdog Warns

The SEC is under fire from Better Markets for sidelining public rulemaking in crypto oversight, raising alarms over transparency failures and investor risks. SEC Accused of Undermining Public Accountability With Informal Crypto Policies Policy advocacy group Better Markets, a nonprofit organization focused on financial market reform and public interest protection, submitted a comment letter to […]

bitcoinist.com Cardano Dev Firm Fast-Tracks Starstream Rollout: Why It Matters

Sebastien Guillemot, co-founder of Paima Studios and dcSpark, jolted the Cardano developer community on X this afternoon with a terse progress report: “We’re up to 3 full-time developers working on Starstream (on top of myself)… We’re accelerating development to bring it to mainnet faster given all the interest.” The message, though only two sentences long, […]

news.bitcoin.com XRP Moves Into High Gear With Bitgo as Institutional DeFi Race Accelerates

Bitgo has expanded XRP-related DeFi access by adding custody support for Flare and Songbird. The move enables institutions to securely store assets connected to the XRP ecosystem, with staking support planned. Bitgo Lights up Flare Support— XRP Institutions Get DeFi Infrastructure Digital asset infrastructure and custodian provider Bitgo announced on June 12 the addition of […]

bitcoinist.com Here’s Why The June 16 Date Is Important For The XRP Price – ATH Next?

June 16 has emerged as a crucial date for the XRP price and could determine the altcoin’s future trajectory. This is based on an upcoming deadline related to the Ripple SEC lawsuit. Crypto analyst CasiTrades has highlighted the date as being important from a technical perspective, with XRP potentially hitting a new ATH on this […]

bitcoinist.com Crypto Kidnapping Case Widens As French Police Make New Arrests

Based on reports, French police have stepped up their efforts after a crypto entrepreneur’s father was brutally kidnapped and had a finger severed to force a ransom. It’s a crime that has rattled the industry and raises tough questions about personal safety. Related Reading: Russia Gets Tough On Crypto Miners—Illegal Operations Face Asset Seizures Growing […]

news.bitcoin.com FSB Chief: Crypto Nears Tipping Point in Financial System Integration

Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding systemic implications of crypto assets during a keynote address at a […]

cryptobriefing.com Bitcoin tumbles, gold surges after Israeli air raids on Iran, Israeli PM warns strikes will last as many days as needed

Geopolitical tensions may drive investors to traditional safe-haven assets, impacting cryptocurrency markets and regional economic stability. The post Bitcoin tumbles, gold surges after Israeli air raids on Iran, Israeli PM warns strikes will last as many days as needed appeared first on Crypto Briefing.

news.bitcoin.com Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes in Tehran that unsettled global markets and triggered risk‑off sentiment. The cryptocurrency slid approximately 4.1% in the latest session, mirroring investor caution amid escalating Middle East tensions. In contrast, gold surged to $3,410 an ounce, up about 0.6% over […]

news.bitcoin.com US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion

Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary. US Treasury Sees Stablecoins as Strategic Dollar Expansion Tool Amid $2 Trillion Forecast U.S. Treasury Secretary Scott Bessent testified before […]

news.bitcoin.com Bitcoin Tumbles Below $106K as $645M in Liquidations Rattle Crypto Markets

On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback. Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market Overall, the mood stays gloomy, with bitcoin traders likely […]

bitcoinist.com Bitcoin 4-Year CAGR Rebounds To 31% – $168K By October?

Bitcoin is holding above key support levels as it continues to consolidate just below the $112,000 all-time high. Despite bullish momentum building across the broader crypto market, BTC has struggled to reclaim this critical resistance level, keeping traders on edge. Analysts agree that a decisive breakout is needed to confirm the uptrend and signal the […]

news.bitcoin.com Circle’s USDC Goes Live on XRP Ledger, Unlocking Real-Time Crypto Finance

USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration. USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin USDC is now available natively […]

news.bitcoin.com Maple Finance Rolls Out stETH-Backed Stablecoin Lending for Institutions

Maple Finance has added stETH as collateral for institutional stablecoin lending, allowing institutions to tap liquidity without forfeiting staking rewards, another sign of DeFi’s growing role in institutional treasury management. New Institutional Stablecoin Lending Program to Boost stETH Utility Maple Finance, a leading on-chain capital markets platform, has expanded its institutional offerings by enabling stablecoin […]

news.bitcoin.com Shopify Merchants Can Now Receive USDC or Local Currency

Shopify has integrated the stablecoin USDC into its Shopify Payments system through partnerships with Coinbase and Stripe. USDC Stablecoin Live on Shopify Payments for Global Sales The integration, now in early access, allows merchants globally to accept USDC payments from customers using the Base blockchain network. Customers can pay with USDC supported wallets during checkout, […]

bitcoinist.com Liquidity Levels Show XRP Price Is Headed Up, But Must Cross $2.40 First

The XRP price appears to be approaching higher valuations as liquidity levels point to increasing buying pressure. According to a crypto market expert, this trend could set the stage for a potentially powerful rally. However, the altcoin must first break through the key resistance level at $2.40 to confirm a sustained move upwards.   XRP Price […]

bitcoinmagazine.com Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz

Bitcoin Magazine Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz Mike Novogratz, in an interview with CNBC, said “there have been more Bitcoins lost than will be mined for the rest of eternity." This post Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

news.bitcoin.com Coinbase, American Express Launch Bitcoin Rewards Credit Card

Coinbase announced the launch of its first credit card, the Coinbase One Card, on the American Express network during its State of Crypto conference. US Coinbase One Members Get First Dibs on the Bitcoin Rewards Card The card will offer up to 4% bitcoin ( BTC) back on purchases. Coinbase and fintech company Cardless are […]

bitcoinist.com Bitcoin Faucet Turns 15: Sculpture Near NYSE Celebrates Monumental Rise

On June 12, 2010, core BTC contributor Gavin Andresen launched the famous Bitcoin Faucet. At that time, the cryptocurrency was barely over a year old, and there was much uncertainty surrounding its future. Related Reading: $130K Bitcoin Will Trigger A HODL Frenzy, CEO Says The Bitcoin Faucet was one of the first projects to boost […]

news.bitcoin.com Ether ETFs Hit Historic 18th Consecutive Day of Gains With $240 Million Inflow

Bitcoin exchange-traded funds (ETFs) continued their recovery, posting a third consecutive day of inflows totaling $165 million, while ether ETFs broke records with their 18th straight day of gains, pulling in a remarkable $240.29 million. Crypto ETFs Shine As Bitcoin and Ether Funds Attract Over $400 Million The crypto ETF market kept its bullish rhythm […]

bitcoinist.com $130K Bitcoin Will Trigger A HODL Frenzy, CEO Says

Bitcoin’s next climb could face less selling once it sails past $130,000, according to comments from Hunter Horsley, CEO of Bitwise. Related Reading: Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study Bitcoin spent much of this week hovering near its May 22 all-time high of $111,975. At $107,880, it’s just $3,275 below that peak. […]

bitcoinmagazine.com Coinbase Announces Bitcoin Rewards Credit Card, Offering up to 4% BTC Back on Everything

Bitcoin Magazine Coinbase Announces Bitcoin Rewards Credit Card, Offering up to 4% BTC Back on Everything Coinbase is launching its first-ever branded credit card in partnership with American Express, set to roll out this fall. Called the Coinbase One Card, it will be available only to U.S. members of Coinbase One, the platform’s monthly subscription service. The card will offer 2% to 4% back in Bitcoin on everyday purchases, along with […] This post Coinbase Announces Bitcoin Rewards Credit Card, Offering up to 4% BTC Back on Everything first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

news.bitcoin.com NYSE-Listed DDC Increases Bitcoin Treasury by 38 Coins, Yield Up 22%

DDC Enterprise Ltd. increased its bitcoin holdings by purchasing an additional 38 coins this week, the NYSE-listed Chinese company announced Thursday. DDC Enterprise: Bitcoin Holdings Reach 138 BTC After New Buy The acquisition raises DDC‘s total corporate bitcoin treasury to 138 BTC worth $14.85 million. The company stated the purchase was made at an “optimized […]

bitcoinmagazine.com France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy

Bitcoin Magazine France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy Adam Back, TOBAM and Ludovic Chechin-Laurans back ALTBG with €9.7 million in equity and convertible bonds. This post France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

blockonomi.com US Stablecoins Surge as Ripple’s XRPL Gains Global Traction

TLDR: U.S.-based stablecoins doubled in supply, reaching $67.5B and closing in on offshore dominance. Ripple adds USDC, XSGD, EURØP, RLUSD, and USDB to XRPL, expanding global fiat-backed access. XRPL stablecoins now serve key markets across North America, Asia, Europe, and Latin America. Regulatory clarity and real-world utility are driving stablecoin momentum beyond speculative use. Stablecoins [...] The post US Stablecoins Surge as Ripple’s XRPL Gains Global Traction appeared first on Blockonomi.

bitcoinist.com Bitcoin’s Next Mega-Buyer? Watch Japan Closely, Says Bitwise Exec

In a conversation with journalist Laura Shin on the latest episode of Unchained, Bitwise Head of Alpha Strategies Jeff Park sketched a future in which Japan’s financial system—and the political imperatives that underpin it—place the country at the fulcrum of the next major wave of institutional Bitcoin adoption. Park, a former macro portfolio manager who […]

news.bitcoin.com Bitcoin Dips and Trump Calls Jerome Powell a ‘Numbskull’

Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. […]

news.bitcoin.com Trident Digital Tech Unveils $500M XRP Treasury Initiative

Nasdaq-listed tech firm Trident Digital Tech announced on June 12 its initiative to raise up to $500 million to create one of the world’s first large-scale corporate XRP treasuries. Trident to Collaborate with Infrastructure and Application Projects Trident Digital Tech Holdings Ltd (Nasdaq: TDTH), a Singapore-based leader in technology optimization and Web 3.0 activation, announced […]

bitcoinist.com Shiba Inu Burn Rate Soars 1,869% In One Day, But Doesn’t Make A Dent In Supply

Shiba Inu has witnessed a dramatic spike in its burn rate over the past 24 hours, according to data from Shiba Inu burn tracker Shibburn.com. The total number of tokens sent to burn addresses surged by over 1,800% during this period, marking one of the most notable increases in recent weeks.  The spike in SHIB […]