The biggest stock exchange in Russia is adding futures trading for asset management titan BlackRock’s iShares Bitcoin Trust ETF (IBIT), one of the biggest exchange-traded funds in the world, to its suite of products. In a new announcement, Moscow Exchange (MOEX) – the government of Russia’s venture into the world of crypto assets – says that starting on June 4th, it’s adding support for the product, though only to accredited investors. “Please note that today, June 4, 2025, trading in the IBIT-9.25 (IBU5) futures contract, permitted only to qualified investors,…
Day: June 4, 2025
US Senate to consider Trump’s pick for CFTC chair
Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee. According to the calendar of the US Senate Committee on Agriculture, Nutrition, and Forestry, Quintenz will appear for a hearing on June 10 to consider his nomination as CFTC chair. The nomination hearing follows the departures of commissioners Summer Mersinger and Christy Goldsmith Romero at the end of May, leaving the five-seat panel with only two…
Bitcoin Price (BTC) Might Rally Further on Improving Interest Rate Picture
This week’s main economic event comes on Friday when the U.S. government releases employment data for May. Ahead of that though, were three fairly important data points of their own on Wednesday, and all flashed unexpected weakness. First to hit was ADP private payrolls for May and that report showed the addition of just 37,000 jobs last month, far shy of expectations for 115,000 and well south of April’s already weak 60,000. It was the softest ADP number since March 2023. “ADP NUMBER OUT,” said President Trump on his Truth…
Semler Scientific Buys $20M More Bitcoin
Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities and Exchange Commission (SEC), Semler’s total investment in the cryptocurrency now stands at $410 million, valued at approximately $472.9 million as of June 3. Its Bitcoin yield is up by 26.7% since it began accumulating…
JPMorgan to Accept Bitcoin ETFs as Collateral Globally
JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on […] Original
XRP Price Could Hit $21 This Bull Cycle With 1.618 Fib Level As Next Target
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. According to expert analysts, the XRP price is showing renewed bullish momentum, with projections suggesting a potential rally to the 1.618 Fib at $21 this bull cycle. While this projection may seem ambitious, the analyst’s bullish…
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥Professional Certificate Program in Blockchain by IIT Kanpur (India Only) – This video on Blockchain in 1 Minute takes you through the basic introduction what is Blockchain technology and helps you understand how blockchain works and why it is so popular in the IT world. It also covers various concepts revolving around it like cryptocurrency, programming language, Proof-of-Work and many more. It helps you grasp the in-depth knowledge of Blockchain technology. ✅Subscribe to our Channel to learn more about the top Technologies:…
MoonPay receives NY BitLicense approval
Cryptocurrency payments company MoonPay said it would be able to offer its service to users in all 50 US states after receiving licensing approval in New York. In a June 4 notice, MoonPay said the New York State Department of Financial Services (NYDFS) granted its US company a BitLicense and a money transmitter license. The addition of the BitLicense makes MoonPay one of 35 digital currency businesses able to operate in New York State. “With the approval of our New York BitLicense and Money Transmitter Licenses, MoonPay now holds the…
JPMorgan to accept Bitcoin ETFs as collateral for loans
JPMorgan plans to woo wealthy customers with a new offering that allows them to access loans using spot Bitcoin exchange-traded funds as collateral. According to a Bloomberg report on June 4, the Wall Street giant is set to expand its financing options to include spot Bitcoin (BTC) ETFs. Simply put, the bank’s wealthy clients will be able to use their cryptocurrency ETFs as collateral when applying for loans. Per details in the report, this new service will apply to all of JPMorgan’s wealthy clients globally. Matthew Sigel, head of digital…
Bitcoin Trades Sideways After Trump Calls Out Powell, Again
U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhat […] Original