The deal is for $13 million. The third-largest corporate holder of bitcoin has made another move to strengthen its cryptocurrency presence by agreeing to acquire Siiibo Securities, a licensed Type I securities company and a “pioneer of Japan’s online corporate bond market.” The closing is expected in July, and Siiibo will be officially renamed…
Tether froze more than $72 million in USDT on Tron after ZachXBT linked a large wallet to recent Monero buying and a sharp XMR price spike. Summary ZachXBT traced 120.2 million USDT moving through Tron, KuCoin, instant exchanges, Near Intents wallets. Tether froze 72.03 million USDT on Tron after a related address was blacklisted Friday…
South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into the country’s existing taxation framework once financial regulators finalize their legal interpretation. Summary South Korea’s tax authorities said tokenized stocks could face immediate taxation if financial regulators classify them…
Moreover, the POTUS said the permanent peace deal between the two nations is almost done. Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main…
HashKey Holdings Limited approved a share repurchase plan of up to HK$100 million as its Hong Kong-listed stock rebounded after recent pressure. Summary HashKey approved a HK$100 million buyback using company funds, excluding global offering proceeds from repurchases. The buyback runs until the next AGM, with timing and price left to board discretion. HashKey shares…
The latest data suggests pressure is building gradually rather than triggering the widespread shutdowns seen during previous bear markets. Bitcoin miners are facing growing financial strain as falling prices and shrinking revenue push several key industry indicators into what analyst Axel Adler Jr. has described as a “stress zone.” But while the pressure is…
The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked crypto. About $768K of the funds moved to Coinbase Prime, according to Arkham data. Arkham data shows US government crypto holdings total about $20.93B. Blockchain data shows that most of…
In today’s crypto news (June 10), Bitcoin surged +2% overnight, beginning this morning’s European session at $62,600. This bullish move for BTC caught many traders off guard, with $70M of the $120M in Bitcoin liquidations over the past 24 hours being from short positions. Of the other major caps, XMR and RAIN are two of…
“If the next bull run comes, I wouldn’t be surprised to see Cardano make another crazy move,” one X user stated. Cardano’s native token has collapsed by almost 80% over the past year, while its founder, Charles Hoskinson, said he’s “taking a break” and warned about an upcoming “wave of failures” in the ecosystem….
US stocks surged after comments from President Donald Trump reduced concerns about a potential military escalation with Iran. Summary US equities added about $1.2T in value within 20 minutes. The S&P 500 rose 1.33%, while the Nasdaq gained 1.75%. Trump’s Iran remarks eased escalation fears and lifted market sentiment. Major equity indexes recorded strong gains…
