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Day: June 5, 2025
Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
WASHINGTON, D.C. โ As many as 16 Democrats may vote in favor of the Senateโs stablecoin bill when it gets to its final set of votes in the legislative body, Arizona Senator Ruben Gallego said Thursday. The โGuiding and Establishing National Innovation for U.S. Stablecoins of 2025โ (GENIUS) Act faced headwinds last month after Gallego led a group of Democrats against voting for cloture, a procedural hurdle that would advance legislation, citing concerns about consumer protection and other provisions. Ipagpatuloy Ang Kwento Sa Baba Within a week and a half,…
Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin TreasuryโWill It Work?
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […] Original
Maple Expands to Solana, Brings Yield-Bearing Stablecoin
Lending platform Maple Finance is expanding to the Solana network in a bid to reach a broader class of users. According to a June 5 announcement shared with Cointelegraph, the company is deploying its syrupUSD yield-bearing stablecoin to Solana-based platforms Kamino and Orca. The coin had previously been available only on the Ethereum blockchain. Mapleโs Solana integration is launching with $30 million in liquidity, which the company says will establish โa deep and stable foundation for lending, trading, and collateral provisioningโ in the ecosystem. Related: Solana lacks โconvincing signsโ of…
Institutional BTC ETF Holdings See Quarterly Decline In Q1
Bitcoin exchange-traded funds (ETFs) overseen by institutional investors shrank in early 2025, marking the first quarterly drop since US spot ETFs launched. According to a recent CoinShares report, institutional investorsโ exposure to Bitcoin (BTC) dropped to $21.2 billion in Q1 2025 from $27.4 billion in Q4 2024, representing a 23% decrease over the period. The report, based on companiesโ filings with the US Securities and Exchange Commission (SEC), attributed much of the decline to an 11% quarter-over-quarter drop in Bitcoinโs price, rather than a reduction in position sizes. Still, many…
Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says
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. Bitcoin (BTC) remains range-bound in the mid-$100,000s, showing no clear directional bias. However, the Hash Ribbons indicator is now flashing a fresh buy signal, suggesting that the top cryptocurrency may be gearing up for its next upward move. Bitcoin…
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Circle’s Shares Rise 167% on First Day of Trading after IPO
Stablecoin issuer Circle made a strong entry into the public market on June 5, with its shares climbing 167% on its first trading session on the New York Stock Exchange (NYSE). Under the CRCL ticker, Circleโs shares opened at $31, surging 235% in the first hours of negotiation before closing at $82 at the end of the day. The companyโs performance hints at a growing market appetite for stablecoin businesses. Circle share price. Source: Yahoo Finance. The oversubscribed round had some significant tailwinds. On May 28, the worldโs largest asset…
Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasnโt slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive daysโa record-setting stretch for […] Original
๐จ POSITION Yourself NOW In CRYPTO CURRENCY MARKET – The TOP ALTCOINS for 2025 Bull Season ๐ค | ALTS ๐
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io #crypto #cryptocurrency #ethereum #bitcoin #altcoins #cryptomarket #altseason In this video we will discuss about why it is important to position yourself in the Crypto Currency Market right now, for the massive Bull Season in the Crypto Market for 2025. In this video we will also speak about the Top Crypto in the Markets, which can give massive returns. Let’s Discuss. TOPIC: ๐จ POSITION Yourself NOW In CRYPTO CURRENCY MARKET – The TOP ALTCOINS for 2025 Bull Season ๐ค | ALTS ๐ ==========================================…