The Kaia DLT Foundation announced the official mainnet launch of the Japanese yen-pegged stablecoin JPYC on the Kaia blockchain to target cross-border remittances and settlements across Asia. The integration follows a separate pilot program by South Korea’s KB Financial Group, which utilized the same network to test a South Korean won-denominated stablecoin for offline payments…
Key Takeaways On June 1, AI trading token LAB defied insider manipulation allegations to hit an all-time high of $16.23. LAB’s explosive rise triggered over $19 million in liquidations and a brief top-20 spot on CoinGecko. ZachXBT warns investors of extreme volatility ahead of an upcoming LAB token unlock by concentrated holders. New All-Time Highs…
Key Takeaways Binance will offer 7,000+ U.S. stocks and ETFs with $0 commissions for non-U.S. users. Users can buy fractional shares from $5 using USDC, USDT, and BNB on Binance. Binance plans bStocks, enabling tokenized equities on BNB Chain in the coming weeks. Richard Teng Pushes Binance Into U.S. Equities Binance is moving deeper into…
Key Takeaways Bitmine now holds 5,416,901 ETH worth $10.85 billion, equal to 4.49% of ethereum’s circulating supply. Tom Lee says ETH prices undervalue ethereum fundamentals, with staking revenue projected at $258M annually. Bitmine expects to reach its 5% ethereum ownership target, the “Alchemy of 5%,” sometime in 2026. A Deliberate Slowdown, Not a Retreat The…
Key Takeaways A federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management on June 1, 2026, ending 18 months of litigation. Swan admitted in UK proceedings that it never owned the mining trade secrets it claimed, permanently barring it from refiling those claims. Proton, represented by Bergeson LLP and Goodwin, said it remains focused…
Key Takeaways Bitcoin ETFs lost $1.42B and ether ETFs $241M, extending institutional selling. HYPE ETFs gained $26M, while XRP added $15.2M, signaling altcoin rotation. ETF flows suggest investors may favor HYPE, XRP, and solana over BTC and ETH. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give…
Key Takeaways Strategy sold 32 BTC for $2.5 million to support preferred stock payouts. Investors are assessing whether dividend obligations could drive additional bitcoin sales. Attention shifted to STRC as Saylor avoided discussing the BTC transaction. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the…
Key Takeaways Coinbase added direct INR deposits and withdrawals through India’s IMPS payments system. Retail traders gain faster banking access, local order books, and global exchange liquidity. Compliance registration may help Coinbase compete in India’s highly active crypto market. Coinbase Expands India Crypto Push With Direct INR Access Crypto exchange Coinbase (Nasdaq: COIN) has expanded…
XLM Defies Market Sell-off On June 1, XLM surged past the $0.27 threshold as the cryptocurrency showed signs it has not lost the momentum that saw it hit its year-to-date high on May 30. Market data show XLM rose from just under $0.243 to reach $0.271637 late Sunday before retreating to just under $0.26. XLM…
Key Takeaways HYPE hit an all-time high of $74.04, flipping DOGE to become the No. 10 digital asset by market cap. Grayscale is launching a Hyperliquid ETF, driving the platform’s shift to institutional infrastructure. Skeptics warn late retail buyers could become exit liquidity if the 14% weekly HYPE pump is a bubble. HYPE Flips DOGE…
