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Day: June 16, 2025
MEXC Unveils ‘Proof of Trust’ to Strengthen Crypto Security
Key Notes MEXC is launching a new Proof of Trust campaign. The initiative is expected to improve trust, safety and user experience in the ecosystem. The campaign includes a new fund to support users affected by hacks and attacks. . MEXC, one of the most popular crypto exchanges, is planning on launching a “Proof of Trust” campaign, which is expected to improve transparency, safety and community trust in the global crypto ecosystem. The crypto exchange noted that the campaign includes transparent educational efforts, a user-centric approach, and financial safeguards that…
Bitcoin buys propel Metaplanet past chip maker Kioxia in terms of market cap
Metaplanet has surged past Kioxia Holdings in market cap, hitting $6.9 billion after its stock skyrocketed nearly 400% in under two months. AMetaplanet Inc., a Japanese firm known for its aggressive Bitcoin (BTC) accumulation strategy, has overtaken chipmaker Kioxia Holdings Corp. in market capitalization, hitting over ¥1 trillion ($6.9 billion) after its stock surged nearly 400% in under two months. This surge has also pushed the firm ahead of prominent Japanese companies like Screen Holdings and Tokyo Metro in terms of valuation. The latest 26% jump came Monday after Metaplanet…
Bitcoin leads $1.9b crypto fund inflows as traders bet on market rebound
Despite the recent market turbulence, investors appear to be buying the dip as crypto investment products continue to record steady inflows. Per CoinShares’ most recent digital asset funds report, crypto investment products recorded $1.9 billion in inflows over the past… Original
Hong Kong Firm MemeStrategy Adds 2,440 SOL to Treasury
Key Notes MemeStrategy bought a SOL holding worth $369,442 in the open market. The company highlighted that this purchase is in alignment with its corporate vision. SOL is projected as the top candidate for ETF approval from the US SEC, boosting its attractiveness. Hong Kong-listed digital asset company MemeStrategy made a massive Solana SOL$156.424h volatility:6.9%Market cap:$82.54 BVol. 24h:$5.13 Bbuy in the open market. This firm acquired 2,440 units of SOL valued at about HKD 2.9 million, a fund equivalent to $369,442. MemeStrategy Plans to Establish its Position in Crypto MemeStrategy’s…
Strategy Buys 10.1K Bitcoin Amid Israel-Iran Escalation
Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending June 15, the company officially announced on June 16. The purchases were made at an average price of $104,080 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,639 on June 12, following the news that Israel had struck Iranian nuclear facilities. The latest haul was Strategy’s second Bitcoin…
Still Sleeping On XRP? Analyst Says $8 Breakout Is ‘Just Waiting’
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. In a livestream on June 15, crypto analyst Cantonese Cat delivered a firm verdict on XRP’s prolonged consolidation: don’t be fooled by the sideways drift. Despite trading in a tight range for over half a year,…
The Bitcoin Rocket: Still Fueling up After 9 Weeks of Inflows?
Key Notes Digital asset investment products saw $1.9 billion in inflows last week with BTC leading the pack. This was the ninth consecutive week of inflows, pushing 2025 YTD inflows to a record $13.2 billion. Options markets show a sharp bullish flip in BTC’s 25 Delta Skew while BTC trades around ATH. Last week marked the ninth consecutive week of inflows into digital asset investment products, totaling $1.9 billion, bringing year-to-date flows to a record-breaking $13.2 billion. Bitcoin BTC $106 914 24h volatility: 1.8% Market cap: $2.13 T Vol. 24h:…
Bitget and UNICEF team up to bring blockchain education to 300,000 girls
Crypto exchange Bitget signed a three-year partnership with the United Nations Children’s Fund (UNICEF) Luxembourg to advance digital skills and blockchain literacy among young people. Through this collaboration, Bitget joined the Game Changers Coalition led by UNICEF’s Office of Innovation. From left, Paul Heber, chief communications officer, UNICEF Luxembourg, Gracy Chen and Yannick Naud, innovative finance at UNICEF Luxembourg, during the UNICEF–Bitget signing ceremony. Source: Bitget The initiative aims to reach 300,000 participants — including adolescent girls, parents, mentors and teachers — across eight countries: Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia,…
Ethereum whales post strongest net buying since 2018
Key takeaways: Ethereum whales accumulated over 818,000 ETH ($2.5B) on June 15, their biggest daily inflow since 2018. ETH price is consolidating inside a multimonth range, mirroring its 2017 breakout pattern. Analysts see a short-term ETH target at $4,000, with the potential for $10,000. One of Ethereum’s richest address cohorts is stacking Ether (ETH) at the fastest pace since 2018, strengthening the case for a continued upside move in the cryptocurrency’s price. Ethereum whales buy over $2.15 billion in ETH As of June 15, the net position change of Ethereum…