Bitcoin Climbs Toward $105K as Trump Pushes for Aggressive Fed Rate Cuts
Bitcoin surged past the $104,000 mark at the start of Wall Street trading on June 6, as robust U.S. jobs data clashed with renewed pressure on the Federal Reserve to lower interest rates. Bitcoin Gains Momentum Amid Trump’s Fed Criticism According to TradingView, BTC/USD was up roughly 2.5% for the day. After bouncing back from […]
Michael Saylor’s Firm Eyes More Bitcoin with $1B Stock Sale
MicroStrategy, known for holding the largest corporate stash of Bitcoin, is preparing to raise close to $1 billion through a new stock issuance—aimed largely at expanding its BTC holdings. The firm, chaired by Michael Saylor, revealed plans to offer 11,764,700 shares of its new 10.00% Series A Perpetual Preferred Stock, priced at $85 per share. […]
Europe Sets Sights on DeFi Regulation for 2026 as MiCA Leaves Key Questions Unanswered
As Europe begins laying the groundwork for crypto regulation beyond 2024, decentralized finance (DeFi) is emerging as a central topic for future oversight—despite remaining largely undefined under current frameworks. The Markets in Crypto-Assets Regulation (MiCA), the EU’s pioneering attempt at comprehensive crypto legislation, officially took effect on December 30, 2024. Designed to enhance consumer protection, […]
Romania’s National Post Launches First Bitcoin ATM
Romania’s state-run postal service, Poșta Română, has launched its first Bitcoin ATM at a branch in the city of Tulcea. The initiative is a result of a collaboration with local cryptocurrency exchange Bitcoin Romania (BTR). Following this initial installation, additional Bitcoin ATMs are planned for rollout in other Romanian cities, including Alexandria, Piatra Neamț, Botoșani, […]
Bitcoin Could Target $115K in July, But Strong U.S. Jobs Report Might Slow Momentum
Bitcoin is on track for potential gains that could take it beyond $115,000 by early July, provided that institutional demand remains strong and upcoming U.S. employment data shows signs of weakness, according to analysts from Bitfinex. “In a bullish scenario backed by robust ETF inflows and institutional interest, we could see Bitcoin push past $115,000 […]
JPMorgan to Accept Crypto ETFs as Loan Collateral
JPMorgan Chase, the largest U.S. bank by assets, is preparing to allow certain trading and wealth management clients to use cryptocurrency-related assets as collateral for loans, Bloomberg reported on June 4. In the coming weeks, the bank will begin accepting crypto exchange-traded funds (ETFs) as security for financing. It will start by supporting BlackRock’s iShares […]
Pump.fun Token Speculation Grows Amid Sharp Revenue Decline
The Solana-based memecoin platform Pump.fun is at the center of fresh speculation as community members hint at a possible $1 billion token sale, potentially valuing the project at $4 billion. On June 3, a post on X suggested the platform could release a token within two weeks, accompanied by listings on various centralized exchanges and […]
61 Public Companies Now Hold Over 3% of All Bitcoin
A growing trend among public companies to hold Bitcoin in their treasuries has led to 61 firms collectively owning 673,897 BTC — about 3.2% of the total supply — according to a June 3 report from Standard Chartered. Geoff Kendrick, the bank’s global head of digital asset research, highlighted that out of 124 public firms […]
Pakistan Outlines Bitcoin Reserve Strategy in High-Level Talks With Trump’s Digital Asset Team
During a recent visit to Washington D.C., Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, held talks at the White House with Robert “Bo” Hines, executive director of President Donald Trump’s Council on Digital Assets. The meeting focused on strengthening U.S.-Pakistan collaboration in the digital asset ecosystem. Topics ranged from the growing […]
Tether Transfers $3.9B in Bitcoin to Twenty One Capital
Tether has moved a total of 37,229.69 BTC—valued at roughly $3.9 billion—to wallets associated with Twenty One Capital, a new Bitcoin-native financial platform founded by Strike CEO Jack Mallers. According to a June 3 post by Tether CEO Paolo Ardoino on X, the company executed two significant transfers, one of which included 10,500 BTC (around […]