Technology
Analysis
Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment
Volatility divergence pointed out as potential setup for larger moves if Bitcoin retests its all-time high near $112,000.
Regulation
SEC reportedly fast-tracks Solana ETFs: potential approval arrives within 5 weeks
According to James Seyffart, the REX Shares filings prompted the regulator to approve some ETFs before October.
Adoption
Fortune 500 blockchain adoption hits 60% as institutions inject $50B into crypto funds in Q1
Moreover, the average number of projects per company jumped to 9.7 from 5.8 year on year, a 67% rise.
Investments
Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions
The decision follows a €300 million plan announced on June 9, increasing BTC acquisition capacity by over three times.
Stablecoins
RLUSD surpasses $300M supply as Ripple secures UAE backing
Ripple's UAE approval positions RLUSD for rapid Middle East expansion and regulatory recognition.
Crypto
ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge
CRCL traded at over $117 as of press time, with Circle's diluted valuation representing half of USDC's market cap.
ETF
BlackRock’s IBIT rockets to $70B in 341 days, 5x faster than previous record
IBIT currently holds nearly 20% of all Bitcoin holdings listed, but public companies prepare to acquire more BTC and shake the supply distribution.
Regulation
SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech
Atkins said that self-custody is a foundational American value that should not disappear in the internet.
Hacks
Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack
The post by president Santiago Peña's X account was potentially the result of a security breach, according to a presidency statement.
Culture
Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Jonathan Mann decided to hold the ETH from the sale, which turned out to be a bad decision in hindsight.
Memecoins
Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
The memecoins amassed over $355 million in daily trading volume, representing 64% of the $556 million registered in the past 24 hours.
ETF
Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B
In addition to the significant inflows, recent data shows that institutional interest surpassed $1 billion in the first quarter.