Day: June 2, 2025

BTC treasury, tokenization platforms, Hyperliquid wallet headline May VC deals

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May was a quieter month for crypto venture capital, but notable raises by tokenization platforms and a Hyperliquid wallet indicate that dealmaking remains active.  Perhaps the biggest development was the ongoing momentum for Twenty One Capital, the Bitcoin (BTC) treasury company backed by stablecoin issuer Tether, crypto exchange Bitfinex and Wall Street firm Cantor Fitzgerald. The company’s total funding reached $685 million after its backers exercised the option to purchase additional convertible bonds last month.  Twenty One Capital gets $100M investment boost The backers of Twenty One Capital have exercised…

Michael Saylor’s Strategy Acquires 705 Bitcoin for $75 Million

Key Notes Strategy recently acquired 705 Bitcoin at $75 million, with each coin bought for $106,495. As of June 1, 2025, Strategy is HODLing 580,955 BTC, worth over $60 billion. The recent purchase has placed Strategy on a 16.9% BTC Yield. Strategy, formerly MicroStrategy, has announced its recent acquisition of 705 Bitcoin BTC $104 173 24h volatility: 0.5% Market cap: $2.07 T Vol. 24h: $24.56 B . The Bitcoin buy, between May 26 and 30, was valued at approximately $75 million before the coin slumped. Notably, Bitcoin was trading at…

AVAX Plunges 9% as Global Economic Tensions Rattle Crypto Markets

Global economic uncertainties and escalating trade tensions have sent ripples through cryptocurrency markets, with Avalanche (AVAX) experiencing a sharp 8.5% decline over the past 24 hours. Despite forming a potential double bottom pattern at the $19.97 support level with increased buying volume, the overall bearish sentiment continues to dominate AVAX’s price action. Technical Analysis • AVAX experienced a significant downtrend over 24 hours, falling from $21.84 to $20.11. • Pronounced selling occurred when price dropped sharply from $21.49 to $21.01 on exceptionally high volume (2.56M). • Support emerged at $20.00…

The urgent need for DePIN.

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Opinion by: Carlos Lei, co-founder and CEO of Uplink Seeing Spain, Portugal, and France go dark recently? Sure, millions lost power. It was a connectivity collapse, showing just how brittle communication lifelines become when the power dies. Don’t think for a second this is just a European problem. The same script plays out all over. South Africa’s endless power woes. Pakistan’s massive blackout in 2023. Then there was that crazy Texas freeze in 2021. Another time, locals in Houston melted snow off their roofs into buckets just to flush toilets…

Bitcoin price dips under $104K as Russia-Ukraine woes rile US stocks

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Key points: Bitcoin stays near its old all-time highs from late 2024 as US stocks digest increased tensions in Europe. Traders shrug off market nerves after BTC/USD drops 8% versus its latest record of $112,000. June may end up flat without another market catalyst. Bitcoin (BTC) sought a retest of 2024 highs at the June 2 Wall Street open as Russia-Ukraine tensions returned to the market. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin wobbles as bulls fight for 2024 peak Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling below…

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s bullish momentum has somewhat faded after reaching an all-time high of $111,000 on May 22, casting doubt on the sustainability of the rally. Bitcoin has pulled back slightly…

The Problems With Blockchain Technology #Crypto #Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io No technology comes without its caveats, and blockchain has its own baggage. Watch the full documentary: Bright Now: Blockchain Revolution Blockchain technology is sweeping the globe, moving from high-flying cryptocurrencies like Bitcoin to more traditional sectors of our economy. But is it safe? And can it be trusted to help manage everything from our health care to our food supply? #CuriosityStream #Bitcoin #CryptoCurrency #Blockchain ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Will Ethereum Pectra Attack Halt 6-Week ETH Institutional Inflows?

Key Notes Analysts like SlowMist and Taylor Monahan emphasize improving private key security and wallet transparency. Some users reported significant losses, including a $150,000 scam linked to the Inferno Drainer malware. Ethereum led digital asset inflows with $321 million last week, marking its strongest six-week streak since December 2024. Blockchain security firm Wintermute has highlighted a major abuse of Ethereum Improvement Proposal (EIP) 7702, introduced after the Ethereum Pectra upgrade last month. In principle, EIP-7702 allows wallets to mimic smart contracts temporarily, allowing actions like transaction batching, sponsoring gas fees,…

Circle raises IPO target to $896M amid investor interest

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Update (June 2 at 2:42 pm UTC): This article has been updated to include a statement from Circle. Major stablecoin issuer Circle has increased its initial public offering (IPO) target to $896 million. According to a June 2 filing to the US Securities and Exchange Commission (SEC), Circle now plans to offer up to 32 million shares at an IPO price range of $27 to $28 per share, an increase from the previous offering of 24 million shares priced between $24 and $26. The news follows a late May announcement…

3 Safe Meme Coins That Could Explode

Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Elon Musk’s antics on X are there for everyone to see. While some may not be in favor of his ‘unserious’ online persona, crypto degens, for one, love every bit of it. After all, one tweet from the tech…