Author: boss

Bitcoin ETF Outflows Slow to $19 Million as Blackrock and Morgan Stanley Buy

boss

Key Takeaways Bitcoin ETFs lost $19M on June 11, extending a 5-day outflow streak despite IBIT inflows. Ether ETFs shed $15.9M as FETH outflows outweighed ETHA’s $8.6M gain. HYPE stayed positive with $622K inflows, while solana ETFs lost $4.4M. Bitcoin and Ether ETFs Stay Negative While HYPE Funds Extend Inflow Streak The red ink remained, but the pressure was no longer one-sided. Bitcoin ETFs ended the day with $19.03 million in net outflows, extending their new losing streak to five trading days. The headline was negative, yet the underlying flows…

Sam Bankman-Fried Loses Appeal as Trump Pardon Bid Continues

boss

Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for relief. The unanimous ruling by the 2nd US Circuit Court of Appeals in Manhattan, New York, found that the government’s case against Bankman-Fried was, in the court’s words, “conservatively stated, robust,” according to Reuters. Source: Toby Cunningham “While he ‌was publicly reassuring customers, investors and regulators ‌that FTX customer funds were safe, he was simultaneously using FTX as his own…

Will Bitcoin’s 200-Week Moving Average Ruin the BTC Price Comeback?

boss

Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Bitcoin hits local highs during the US trading session as US-Iran peace hopes offer modest risk-asset relief. SpaceX looks set to launch the largest IPO ever witnessed, BTC price concerns linger over the ability of a key trend line to hold as support. Crypto, risk assets “shrug off” inflation headwinds Data from TradingView showed BTC/USD retaining gains as crypto and risk-asset markets surfed mixed signals over a US-Iran peace deal. BTC/USD…

Tokenized RWAs Boom, Kraken SpaceX IPO & SBF Pardon Bid

boss

Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging, banks are embracing blockchain infrastructure and tokenized equities are expanding into new markets. That momentum was on full display this week as Kraken rolled out tokenized access to the highly anticipated SpaceX IPO, offering eligible users in more than 110 markets a chance to participate through xStocks. Elsewhere, prediction markets surpassed onchain gambling for the first time, and…

Coinbase Council Warns 7 Million BTC May Face Quantum Risk

boss

TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins. The council frames the issue as a long-term governance challenge, not an immediate emergency. Coinbase’s Quantum Advisory Council has warned that Bitcoin and other crypto networks need to begin planning for post-quantum migration well before…

Bitcoin cycle data points to $40K-$46K bottom, Galaxy says

boss

Bitcoin may not have formed its cycle bottom yet, according to a new Galaxy Research report that uses market and onchain data to map possible downside zones. Summary Galaxy says Bitcoin’s four-year cycle remains active, but each cycle is showing smaller price swings. The report places Bitcoin’s base-case bottom between $40,000 and $46,000 using onchain cycle data. Only four of 13 bottom indicators have triggered, suggesting Bitcoin may need more time. Galaxy Head of Firmwide Research Alex Thorn said Bitcoin’s four-year cycle still appears active, even as the size of…

Polish President Vetoes Crypto Bill for Third Time ahead of MiCA Deadline

boss

Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that the text was nearly identical to the previous two drafts he refused. The third veto of the bill delays Poland’s alignment with the EU-wide regulatory framework just weeks before the end of MiCA’s transitional period…

Kucoin Has Not Paid $2M Award Tied to Delisted Token Dispute, Investor Says

boss

A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after the exchange declared his tokens “abandoned.” In a Dec. 11, 2025, ruling, the Supreme Court of Seychelles declared that Didier Rabl is the “sole proprietor and owner” of approximately 21 million CoinPoker (CHP) tokens previously held for him on KuCoin. The court also ordered three Seychelles-incorporated KuCoin entities to pay him over 2 million USDt (USDT) plus $10,000 in moral damages, according to documents reviewed by Cointelegraph. The ruling could…

Metaplanet Strikes Deal for Siiibo Securities to Build Bitcoin Yield Products

boss

Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing, expected in July, Siiibo Securities will become a wholly owned subsidiary and be renamed Metaplanet Securities. Metaplanet CEO Simon Gerovich said the acquisition is the first step in Project Nova, the company’s strategy to build…

SpaceX Tokenized IPO Campaign Draws $557M on Binance Ahead of Debut

boss

Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing. Wallets contributing up to $20,000 accounted for more than 81% of participating addresses but only 18.39% of total funds, while 114 addresses contributed over $500,000 each, representing about 10.2% of the funds, according to Dune data. The deposits point to strong demand for crypto-based pre-IPO exposure ahead of SpaceX’s Nasdaq debut on Friday, with the company seeking to raise $75 billion at $135 a share…