Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly finalized their trade agreement, according to a June 11 post on Truth Social by US President Donald Trump. “Our deal with China is done, subject to final approval with President Xi and me,” Trump said. “We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent.” Source: Donald J. Trump While…
Month: June 2025
New Era of Polygon: Sandeep Nailwal’s Iron Grip
Key Notes Polygon co-founder Sandeep Nailwal has assumed the role of CEO at the Polygon Foundation. Polygon is sunsetting its zkEVM product to concentrate entirely on Polygon PoS and Agglayer. POL is regaining liquidity support as it aims to break out from a strong technical base near $0.22. A new chapter has begun for Polygon. In a landmark shift for the Ethereum scaling giant, co-founder Sandeep Nailwal has officially assumed the role of CEO at the Polygon Foundation, while the network repositions itself for aggressive growth and protocol consolidation. Nailwal’s…
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Uniswap (UNI) Jumps 15%, Flips Aave in Market Cap
Key Notes UNI touched a high of $8.63 before settling at $8.25 at press time. 24-hour trading volume jumped 120% to $1.17 billion. U.S.regulatory optimism is fueling renewed investor interest in DeFi. Uniswap UNI $8.38 24h volatility: 2.8% Market cap: $5.02 B Vol. 24h: $1.03 B gained more than 15% on June 11, touching a high of $8.63 before slightly dropping to $8.25 at the time of writing. The DeFi token has now climbed nearly 80% from its April lows, fueled by recent regulatory optimism around decentralized finance in the…
Ftx Adds Payoneer as Payment Method for Creditors
Key Notes FTX adds Payoneer as a third payout option for creditors across 93 jurisdictions. Some countries, including Nigeria, Russia, Egypt, and China, remain excluded from payouts. Sam Bankman-Fried may be released from prison 4 years earlier due to good behavior. Creditors affected by the 2022 implosion of Bahamian-headquartered FTX Derivatives Exchange can now receive their refund via Payoneer. This is in addition to the two other distribution partners, BitGo and Kraken, which were selected for the repayment exercise earlier. The Need for FTX to Integrate Payoneer The FTX Recovery…
FTX Adds Payoneer as Payment Method For
Key Notes FTX adds Payoneer as a third payout option for creditors across 93 jurisdictions. Some countries, including Nigeria, Russia, Egypt, and China, remain excluded from payouts. Sam Bankman-Fried may be released from prison 4 years earlier due to good behavior. Creditors affected by the 2022 implosion of Bahamian-headquartered FTX Derivatives Exchange can now receive their refund via Payoneer. This is in addition to the two other distribution partners, BitGo and Kraken, which were selected for the repayment exercise earlier. The Need for FTX to Integrate Payoneer The FTX Recovery…
SQD Network Launches Oceanstream to Deliver Real-Time Blockchain Financial Data
Decentralized data-lakehouse SQD Network has launched Oceanstream, a platform that provides real-time, institutional-grade financial data from over 200 blockchains. Data From 200 Blockchains in Real Time SQD Network, a decentralized data-lakehouse, announced on June 10 the launch of Oceanstream, a platform designed to deliver institutional-grade financial data from more than 200 blockchains in real time. […] Source CryptoX Portal
Ukraine’s Parliament Receives New Bill on Crypto Asset Reserves
Key Notes Ukraine’s parliament proposes a bill to let the central bank add Bitcoin to national reserves. The decision to include crypto assets will be at the regulator’s discretion. The bill aims to boost financial innovation and strengthen Ukraine’s macroeconomic stability. A draft bill submitted to the Ukrainian parliament proposes allowing the National Bank of Ukraine (NBU) to buy crypto assets and hold them as part of the country’s reserves, though it would not obligate the bank to take such action. On June 10, several lawmakers submitted draft bill No.…
Bitcoin To $1M? Michael Saylor Laughs Off Crypto Winter Fears
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
XRP Flat Despite Ripple and XRPL News — What’s Next?
Key Notes Analysts like Dark Defender and EGRAG Crypto signal a possible bullish breakout for XRP price, on closing above $2.33. RSI, Exponential Moving Averages, and Ichimoku Clouds suggest an imminent upward trend, with a 70–80% probability of an upside breakout. Ripple ecosystem progresses with the launch of institutional-grade products on the XRP Ledger, including Ondo Finance’s OUSG. Despite all the positive developments in the Ripple ecosystem, XRP price [NC] continues to lag behind while consolidating at around $2.3 levels. Despite the altcoins market buzzing with activity following positive developments…