Month: June 2025

Nobitex Reboots: Iran’s Top Crypto Exchange Reopens After Alleged Israeli Hack

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Iranian crypto exchange Nobitex has started reopening operations, two weeks after suffering a major cyberattack that led to the loss of nearly $100 million. The exchange confirmed the partial restoration of operations on Sunday, while trading and deposits remain suspended. Follow- up on Nobitex Security Incident, Step-by-step wallet access has begun, 29 June 2025 Please note:1. This process is being carried out gradually, starting with verified users and initially for spot wallets, followed by other types of wallets.2. The identity… — Nobitex | نوبیتکس (@nobitexmarket) June 29, 2025 Previous Addresses…

Kazakhstan to Create State Cryptocurrency Reserve from Seized Assets and State Mining – SuperCryptoNews

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Kazakhstan plans to establish a state cryptocurrency reserve, to be managed by an affiliate of its National Bank. The reserve will be funded through assets confiscated in criminal cases and cryptocurrencies mined by state-owned operations, according to a report by Kazinform, citing National Bank Governor Timur Suleimenov. The central bank is currently developing regulations for this reserve, aiming to adhere to best practices for sovereign wealth funds. These practices include a single manager, transparent accounting, and audited, secure storage for the digital assets. Suleimenov stated that a single custodian would…

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Bitcoin and Solana Drive $2.7B Inflows to Crypto Funds

Key Notes Bitcoin led crypto fund inflows with 83% share last week. Ethereum attracted $429 million in weekly inflows. Solana’s inflows totaled $5.3 million for the week. CoinShares has released its “Digital Asset Fund Flows Weekly Report,” which shows that inflows into crypto funds topped $2.7 billion this past week. This outlook is quite notable, considering that it is the 11th consecutive week of inflows. Interestingly, Bitcoin BTC $107 706 24h volatility: 0.5% Market cap: $2.14 T Vol. 24h: $17.89 B and Solana SOL $150.2 24h volatility: 0.7% Market cap:…

Bitcoin Traders Eye Fresh All-time Highs, But BTC Price Must First Flip $109K

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Key takeaways: Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs. A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,” analyst said. Bitcoin saw modest gains over the weekend, climbing by as much as 3% to $108,000 on Sunday, mirroring similar movements across the broader crypto market. After taking out some liquidity around $108,000, traders said a rally to fresh all-time highs was “inevitable” as ask bids build up above $109,000.  Bitcoin primed for new all-time highs: Analysts…

Strategy Bags 4,980 Bitcoin As Price Recovers

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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices. Strategy acquired 4,980 Bitcoin (BTC) for $531.1 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on June 30. The cost Strategy’s latest Bitcoin purchases averaged $106,801 per coin, with Bitcoin surging from around $101,000 last Monday to above $108,000 by the end of the week, according to CoinGecko data. An excerpt from Strategy’s Form 8-K. Source:…

Kazakhstan Plans Crypto Reserve Made of Mined Crypto

Key Notes Kazakhstan will establish a state crypto-reserve managed by its National Bank. The move follows broader Asian trends in sovereign Bitcoin reserves. Solana recently partnered with Kazakhstan to support blockchain startups and tokenization. Kazakhstan’s National Bank Chairman, Timur Suleimenov, has announced plans to establish a state crypto-reserve. This marks another major step in the Central Asian nation’s growing involvement in the digital asset sector. The reserve will potentially be managed by an affiliate of the National Bank and could be funded by confiscated crypto-assets and crypto mined with state…

Spanish Police Bust Suspected Crypto Fraud Operation That Allegedly Stole $540M From 5K Victims

Spanish police arrested five members of a suspected crypto fraud operation that allegedly laundered 460 million euros ($540 million) stolen from over 5,000 victims. The bust, carried out by Guarda Civil, the armed wing of the country’s law enforcement agencies, saw three arrests from searches in the Canary Islands and two in Madrid on June 25. The investigation was supported Europol, as well as police forces from Estonia, France and the U.S. The criminal network raised funds through cash withdrawals, bank transfers and crypto payments, Europol said in a statement…

$1.5T Volume Pushes Hyperliquid Ahead of Competitors

Key Notes Hyperliquid achieved $1.57 trillion in annual perpetual trading volume. HYPE token gained 27% in June, adding $2B in market cap. HyperEVM expansion and user growth fuel Hyperliquid’s ecosystem momentum. Decentralized exchange Hyperliquid HYPE $40.12 24h volatility: 3.2% Market cap: $13.40 B Vol. 24h: $250.60 M has surpassed $1.571 trillion in perpetual futures trading volume over the past 12 months. According to Sealaunch data on Dune Analytics, the platform earned $56 million in fees and revenue this month, bringing its cumulative revenue to $310 million. Notably, Hyperliquid recorded $248…