Crypto

BitMine Immersion Technologies raised $250 million through a private placement to establish an Ethereum treasury, signaling a shift away from its previous Bitcoin-centric approach. Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury. BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement. MOZAYYX led the raise, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. The transaction is expected to close on Thursday, provided that conditions, including the authorization of the Supplemental Listing Application by the NYSE American, are met. Read more

The case for crypto adoption is far stronger now than even a few months ago, argued Edelman.

Are you wasting time and money trading when you could just buy BTC and chill?

BIS issued a dire warning as the US dollar faces a 'historic stress test' with a 10% plunge amid a global fragility crisis threatening its traditional safe-haven status. The post BIS Issues Dire Warning as US Dollar Faces ‘Historic Stress Test’ Amid Global Fragility Crisis appeared first on Cryptonews.

[PRESS RELEASE – Miami, FL, June 30th, 2025] Everstake, a leading global non-custodial staking provider serving institutional and retail clients, hosted a special AMA session with Jason Chaskin, Ecosystem Intelligence Lead at the Ethereum Foundation, and Eric Siu, former contributor to ecosystem and special projects at both the Ethereum Foundation and Etherealize, to discuss post-Pectra […]

The losses amount to about $10 million, just for the past 4 days alone.

Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%. This month, Bitcoin’s hashrate dropped 15% amid a summer heat wave that stressed the United States’ electricity grid. Crypto hacks and exploits have racked up record numbers, costing investors and platforms $150 million in June alone. Moreover, businesses have followed the example of vocal Bitcoin (BTC) proponent and Strategy executive chairman Michael Saylor by adding BTC to their balance sheets. According to industry tracking services, there are now 250 companies that have some form of Bitcoin treasury. Regulators in Asia are softening their stance on crypto, with new laws carving out crypto tax exemptions and permissions for stablecoin issuance in four different countries, including Hong Kong and South Korea. Read more

Among investors in the share offering were Founders Fund, Pantera, and FalconX.

Ethereum remains dormant below the critical $2.5K resistance, constrained by declining volatility and subdued trading activity. A decisive move in either direction will likely require a fresh injection of demand or supply to break the current equilibrium. Ethereum Price Analysis: Technicals By Shayan The Daily Chart ETH is currently exhibiting muted trading activity and compressed […]

Solana (SOL) joined Filecoin (FIL) as a top performer, rising 6.2% over the weekend.

More than 60 tokenized stocks are now live on Kraken, Bybit and Solana DeFi via Backed Finance’s xStocks. More than 60 tokenized stocks are now available on crypto exchanges Kraken and Bybit, as well as on Solana-based decentralized finance (DeFi) platforms. In a Monday announcement from Backed Finance, the company said its tokenized stocks product, xStocks, had launched with over 60 stocks becoming available on Bybit, Kraken and several Solana DeFi protocols, offering users exposure to traditional stocks via blockchain infrastructure. The stock selection is focused on blue-chip giants and crypto firms, emerging and established alike. Supported stocks include Netflix, Meta, Robinhood, Coinbase, Amazon, Nvidia, McDonald’s, Apple, Tesla and Microsoft, among others. Read more

The CoinDesk 20 Index offers a weighted performance of the largest digital assets

Analyst Mark Palmer sees about 50% upside for the shares.

Bitcoin's price hovered around $107,000, showing technical strength as BTC’s chance of rising to new all-time highs appears to be increasing, new analysis suggested. 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. Read more

Michael Saylor’s Strategy now holds 597,325 BTC, purchased for about $42.4 billion at an average price of $70,982 per coin. 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 Monday. Strategy’s latest Bitcoin purchases averaged $106,801 per coin, with Bitcoin surging from around $101,000 on June 23 to above $108,000 by the end of the week, according to CoinGecko data. Read more

The fresh acquisition was funded mostly through sales of common stock with sales of preferred shares accounting for a modest proportion.

Metaplanet’s Bitcoin stash grew by 5,550 BTC in June, fueling both investor excitement and concerns among industry observers.

The new compliance solution may cut billions in compliance costs for institutions looking to invest in the crypto economy. Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance framework aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance across both traditional and decentralized finance (DeFi) systems. Chainlink said the new standard will allow the creation of compliance-focused digital assets and services across public and private blockchain networks, including reusable digital identities, automated policy enforcement, crosschain compliant digital asset settlement and regulated asset usage in DeFi. Read more

The investigation was supported by Europol, as well as police forces from Estonia, France and the U.S.

While seeing Circle as well-positioned in the market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer. Analysts at JPMorgan, a major US investment bank, have initiated coverage of Circle (CRCL) shares with an underweight rating and a $80 price target by December 2026. JPMorgan’s analysts, led by Kenneth Worthington, on Monday presented their first formal Circle stock analysis in the “North America Equity Research” report, seen by Cointelegraph. Down 55% from the current CRCL price of $180, the forecast is based on a 45x multiple of projected 2027 earnings per share (EPS) plus a $10 premium for upside potential. Read more