Crypto

Michael Saylor’s Strategy bought another 245 Bitcoin last week after doubling down on his long-term BTC price prediction, forecasting BTC to hit $21 million in 21 years. Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating geopolitical fears last week. Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. The cost of Strategy’s latest Bitcoin haul averaged $105,856 per coin, with Bitcoin plummeting from about $108,900 on June 16 to an intraweek low of just below $99,000, according to CoinGecko data. Read more

The Japanese firm has achieved 11% of its ambitious 100,000 BTC goal for 2026 following its latest Bitcoin purchase.

Crypto speculators may offset some of their altcoin losses by investing in Bitcoin or BTC treasury firms, according to Hashcash inventor Adam Back. Bitcoin treasury adoption by public companies has become the new altcoin season for cryptocurrency speculators, Adam Back said on Monday. Bitcoin (BTC) treasury season “is the new ALT SZN for speculators,” said Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “Time to dump ALTs into BTC or BTC treasuries,” he added. Bitcoin treasury firms are buying BTC “on repeat to increase Bitcoin per share,” tapping into different funding methods such as convertible note offerings to accumulate more of the world’s first cryptocurrency, making them attractive for investors, Back explained. Read more

Metaplanet has added 1,111 BTC to its corporate treasury, bringing its total holdings to 11,111 BTC, just 398 BTC shy of Tesla’s stash. Metaplanet, Japan’s top Bitcoin corporate treasury company, announced Monday that it had purchased an additional 1,111 Bitcoin. According to a Monday regulatory filing, Metaplanet’s total holdings have reached 11,111 Bitcoin (BTC), putting the company’s BTC holdings within striking distance of Tesla’s current Bitcoin stash of 11,509 BTC. Metaplanet spent 17.26 billion Japanese yen (about $117 million) on the purchase, paying an average of just under $105,500 per coin. Read more

ETP sentiment cooled in the latter half of last week amid reports of US involvement in the Iran conflict. Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops. Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending Friday, CoinShares reported on Monday. With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historic high at $15.1 billion, said CoinShares’ head of research, James Butterfill. Read more

Whales are betting hundreds of millions on Ether’s price recovery despite the industry’s most successful traders being net short amid escalating conflict in the Middle East. Ether whales are betting hundreds of millions of dollars on the price recovery of the world’s second-largest cryptocurrency despite geopolitical tensions that are sidelining investors and dampening risk appetite. One whale (a large cryptocurrency investor) has opened an Ether (ETH) long position of over $101 million with 25x leverage at the entry price of $2,247, according to blockchain data from Hypurrscan. The investor generated over $900,000 in unrealized profit, but paid over $2.5 million in funding fees. His position stands to be liquidated if Ether’s price falls below $2,196. Read more

Bitcoin is about to juggle a slew of geopolitcal and macroeconomic volatility triggers in a nail-biting end to June as $100,000 support hangs in the balance. Bitcoin (BTC) enters the last week of June with geopolitics at a key crossroads and macro volatility to match. Where will BTC head next? Bitcoin traders are bracing for new lows as exchange order book liquidity shifts toward the $90,000 mark. The latest developments in the Middle East sparked knee-jerk reactions on crypto, oil and stock futures, but analysis notes that no “long-term conflict” is being priced in. Read more

Broader interest in the crypto industry to capitalize on favorable U.S. market conditions is taking root, following Circle's IPO this month.

Approval from Luxembourg grants Coinbase access to 27 EU countries, raising questions about regulation shopping in smaller member states.

Cointelegraph is the latest in a wave of phishing attacks targeting crypto platforms via exploits that lure users with fake token rewards.

Texas has become the third U.S. state to approve a public Bitcoin reserve, with new legislation allowing direct crypto purchases.

PLUS: OKX is considering a U.S. IPO

Bitcoin rose back above $100,000 as markets shrugged off U.S. strikes on Iran, with oil and equities remaining largely unchanged.

A South Korean court has jailed two Vietnamese nationals for using Tether (USDT) to power a cross-border money laundering scheme. The post South Korean Court Jails Two Members of Cross-border USDT Money Laundering Ring appeared first on Cryptonews.

Bitcoin’s drop below the $100,000 support pulled ETH, XRP, SOL, and HYPE lower, but a relief rally may be around the corner. Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels. Read more

The market witnessed a flight-to-safety trend among cryptocurrencies, while stablecoins had a significant policy win.

Welcome to Slate Sundays, CryptoSlate’s weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Gracy Chen leaves quite an impression. As the only female CEO among the top 10 crypto exchanges, she’s well aware of the challenges facing women […] The post Gracy Chen, the rare but glorious woman behind Bitget’s epic growth appeared first on CryptoSlate.

Ethereum gaming protocol B3 is launching a PC with self-destruct storage, Avalanche dropped a battle pass with rewards for players, and more.

From $1B to $4B, crypto-native funds are reshaping asset management through deep DeFi integration and capital deployment innovation.

Solana sank to $128.82 on heavy volume after a sharp sell-off triggered by confirmed U.S. military action against Iran.