Day: June 23, 2025

Crypto Hedge Fund Veterans Seek $100M to Buy BNB, Emulating Saylor’s Bitcoin Strategy

boss

Crypto hedge fund executives are reportedly aiming to raise $100 million to invest in Binance’s BNB token, in a move seen as mirroring Michael Saylor’s Bitcoin treasury strategy. The effort is being led by Patrick Horsman, Joshua Kruger and Johnathan Pasch, who previously served as executives to Coral Capital Holdings, Bloomberg reported Monday. Coral Capital was a venture capital firm acquired by DNA Fund in 2024.  According to Bloomberg, the executives plan to complete the fundraising this month and begin accumulating BNB (BNB) through a newly formed entity called Build…

$1,000 BNB Incoming? Binance Drops 2 Bombshell Features

Key Notes Binance’s new features reveal locked tokens and ownership concentration for better trading insights. BNB remains resilient with only a 5% weekly dip despite broader market weakness. Technicals suggest a breakout from a year-long triangle could send BNB beyond $1,000. Binance has recently doubled down its efforts to increase transparency and enhance trading decision-making on its platform. The exchange recently announced the launch of two major features: Token Lock-up Addresses and Holding Concentration Indicators. These tools are designed to offer users deeper insights into token supply and potential volatility.…

Will Saylor’s relentless BTC buying cause a supply shock?

boss

Bitcoin’s shrinking supply: What’s going on? With less BTC in circulation, experts are bracing for a potential supply shock. Bitcoin’s hard cap of 21 million coins has always been central to its appeal. However, by 2025, this built-in scarcity is no longer just a theoretical feature; it’s becoming a market reality. 93% of all Bitcoin has already been mined, and since the network’s fourth halving in April, which cut miner rewards in half, fewer new coins are entering circulation each day. At the same time, long-term holders are sitting tight.…

Pi Coin Falls Below $0.50 — Can Pi2Day Trigger Recovery?

Key Notes Analysts like Dr. Altcoin predict further declines to $0.40 by August, citing limited impact from upcoming announcements. The Pi Network Core team has hinted at a major generative AI development, with more details to be revealed on Pi2Day. The Pi Network recently launched a KYC synchronization feature to resolve long-standing user concerns. Pi coin PI $0.51 24h volatility: 4.4% Market cap: $3.81 B Vol. 24h: $124.95 M price crashed below $0.50 earlier today, extending its weekly losses to more than 17%. The recent selling pressure comes just ahead…

Ethereum Holds Critical Support – $2,350 Level Could Define The Next Move

boss

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. Ethereum has dropped 17% since Friday, breaking down from the long-standing range that held firm since early May. The sharp sell-off came after news broke of US airstrikes targeting Iranian nuclear facilities, sending shockwaves across global…

The Crypto Trap That Locks Your Funds Forever

boss

Key takeaways Honeypot scams lure investors with fake liquidity, price movement and hype, but the contracts are rigged to prevent exits, locking funds permanently. Modern honeypots include tampered cold wallets sold via platforms like TikTok, preloaded with private keys that scammers use to steal funds instantly. Variants like high sell tax honeypots and “honeypot-as-a-service” kits make it easier than ever for scammers to target even experienced users. Test-sell before committing funds, scan smart contracts, avoid sudden hype and always buy wallets from official sources to avoid getting trapped. In the…

IPO Hopes & CTO Exits Rock Crypto Week

Key Notes OKX is considering a US IPO after re-entering the market and settling with the DOJ for $505 million. Bybit has promoted Helen Liu to co-CEO as longtime CTO Rockman exits amid a leadership reshuffle. Kraken’s Layer 2 project Ink has seen a massive uptick in activity ahead of the INK token debut. In a week that underscored just how quickly the winds shift in the centralized crypto exchange (CEX) space, major players like OKX, Bybit, Coinbase, and Kraken made power moves across IPO ambitions, C-suite shakeups, and Layer…

Strategy adds to $60b Bitcoin bet with 245 BTC bought at $105.9k

boss

Even as Bitcoin hovers in a tight range, Strategy remains undeterred. The company’s latest purchase, executed at $105,856 per BTC, brings its total holdings to 592,345 BTC — a multibillion-dollar bet on Bitcoin’s future. According to a Form 8-K filing with the U.S. Securities and Exchange Commission on June 23, Strategy acquired an additional 245 Bitcoins (BTC) between June 16 and June 22, bringing its total holdings to 592,345 BTC. At current market prices, the company’s Bitcoin treasury is now worth approximately $60 billion, further solidifying its position as the…