Strategy co-founder Michael Saylor is brushing off Wall Street skeptics, claiming the company’s bitcoin-backed financial model makes shorting its stock a losing bet—and declaring that bitcoin is headed to $1 million. Saylor: Short Strategy at Your Peril This week, Strategy added 1,045 bitcoin to its reserves, bringing total holdings to 582,000 BTC—valued at more than […] Original
Bitcoin ETFs reversed course with a powerful $386 million inflow, breaking a two-day outflow streak and pushing net assets back over $130 billion. Meanwhile, ether ETFs extended their historic streak with a 16th consecutive day of net inflows, adding another $52.71 million. Crypto ETF Momentum Returns: Bitcoin Reclaims $130 Billion AuM As Ether Keeps Surging […] Original
Bitcoin ETFs suffered a net outflow of $129 million for the week ending June 6, marking the second consecutive week of red flows. Meanwhile, ether ETFs extended their inflow streak to a fourth week, locking in a strong $281.07 million, the third-highest weekly inflow of 2025. Bitcoin ETFs Log Second Straight Week of Outflows While […] Original
The Blockchain Group (Euronext Paris: ALTBG) has announced the launch of a $343 million (€300 million) “ATM-type” capital increases program in partnership with TOBAM, a leading asset management firm and strategic investor. This program, inspired by the U.S. “At The Market” (ATM) offering structure, is designed to accelerate the company’s Bitcoin Treasury strategy by increasing […] Original
The Avalanche blockchain surpassed one million daily transactions twice in the span of a week, which is the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and again on June 7. Total transactions for the week beginning June 2 reached 5.8 million, also the highest weekly total since early 2024 spikes, according to data from blockchain analytics platform Nansen. The spike in activity is largely driven by MapleStory Universe, Avalanche noted on X. MapleStory Universe is a Web3 gaming ecosystem…
Key Notes The Cetus protocol utilized $7 million in cash reserves, a $30 million USDC loan, and partial recovered funds to replenish liquidity pools. To compensate affected users, Cetus has allocated 15% of its native token, CETUS, with 5% immediately available and 10% released monthly over a year. Despite recent challenges, Cetus has returned to the top-ten DEX by trading volume. Sui Protocol’s native decentralized exchange (DEX) Cetus has successfully relaunched once again following a massive $220 million exploit last month. In a major announcement, the DEX also announced that…
Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch. An attacker exploited a pricing mechanism flaw to drain tokens from Cetus’ major liquidity pools on May 22. The protocol managed to freeze $162 million of the stolen funds shortly after. Trade volume on Cetus had been trending upward before the attack, registering over $5 billion in April and another $5 billion in May, despite shutting down after May 22. Cetus liquidity pools…
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. Based on reports, a long-dormant Bitcoin whale made a surprise move this week, snapping up 250 BTC for about $26.37 million. It’s the first time this wallet has shown activity in two years. Related Reading The…
Key Notes Musician Jonathan Mann made $3 million from selling his songs as NFTs in January 2022. As the Ethereum price crashed in the same year, so did the value of his earnings. Still, the Internal Revenue Service office taxed him on the basis of the price he paid for the holding when he first received it. Jonathan Mann, an American singer and songwriter, recently experienced a notable crypto loss due to the market crash. The musician behind the “Song A Day” project lost the $3 million he earned from…
TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity. An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake…