Bitcoin | Crypto

Real estate entrepreneur Grant Cardone wants his tenants to buy Bitcoin for you.

New data from the latest 13F filings reveals a sharp increase in institutional interest in spot Bitcoin ETFs, with registered investment advisors (RIAs) emerging as the dominant players. Bloomberg’s senior ETF analyst, Eric Balchunas, highlighted that RIAs have now taken the lead among institutional holders of Bitcoin ETFs. Collectively, this group holds exposure to more […] The post RIAs surpass hedge funds in Bitcoin ETF holdings, manage over $10 billion in BTC appeared first on CryptoSlate.

The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet. Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities and Exchange Commission (SEC), Semler’s total investment in the cryptocurrency now stands at $410 million, valued at approximately $472.9 million as of June 3. Its Bitcoin yield is up by 26.7% since it began accumulating BTC in May 2024. Semler has made regular Bitcoin purchases over the past year. The company also revealed the addition of $50 million to its Bitcoin reserve in May, after it acquired another $10 million BTC between February and April. Read more

Traders are betting big on Bitcoin soaring to $300,000 by the end of June 2025, but is this bold options strategy a smart move or a high-risk gamble? A call option gives the buyer the right but not the obligation to purchase an asset (in this case, Bitcoin) at a predetermined price before a specific date.  If the market price rises above that strike price, the option becomes profitable, or “in the money.” If it doesn’t, the option expires worthless. Read more

There are good reasons many Baby Boomers remain suspicious of Bitcoin — but even better reasons the wealthiest boomers are allocating to it. Baby boomers are the fastest-growing demographic in crypto, with their numbers doubling in the space of a year, according to a survey by Australian exchange CoinSpot. The total percentage of crypto investors over 60 remains relatively low around 4.4% but with their large retirement nest eggs and a lifetimes worth of savings, boomers have an outsized impact on markets. Former ANZ banker and payments consultant Rod Tasker, himself a baby boomer, says active crypto investors in his age bracket tend to be highly financially literate. “Even if the number is fairly low, the amount of money invested is quite likely to be higher than other demographics,” he explains. “A lot of them are quite sophisticated, they’ve already got their investment portfolios. They might have the investment property, the share portfolio, depending on risk appetite they might have got into options,” he...

K Wave Media announced a $500 million securities deal to fund a Bitcoin-treasury strategy, aiming to become the “Metaplanet of Korea.” South Korean entertainment company K Wave Media has entered into a securities purchase agreement worth up to $500 million to fund a Bitcoin-centric crypto treasury strategy. K Wave reached an agreement with Bitcoin Strategic Reserve KWM for the sale of up to $500 million of ordinary shares to fund its Bitcoin treasury, according to a June 4 announcement. “By embedding BTC into our core strategy, we’re reinforcing our commitment to decentralization, agility, and future-facing value creation,“ said Ted Kim, co-interim CEO of K Wave Media. Read more

Got scammed or worried about Bitcoin fraud? Learn how sharing your story with Chainabuse and Scamwatch can help protect you and others from falling victim. Chainabuse allows anyone to publicly share information with enforcement, helping make crypto fraud more transparent, but it’s not a confidential legal channel.  Scamwatch helps raise public awareness about crypto scams in Australia and gathers reports to support national anti-scam efforts, but it does not investigate or take enforcement action. Even if funds can’t be recovered, reporting a Bitcoin scam can prevent someone else from falling into the same trap. Staying vigilant, avoiding suspicious links or promises of guaranteed returns and double-checking addresses can help protect your crypto. Read more

Bitcoin traders set the stage for a volatile breakout with liquidity amassing above and below the spot price, and eyes are on the road to new all-time highs. Key points: Bitcoin trades between increasingly thick bands of liquidity as traders await a breakout. Above current spot price lies a particularly important area for bulls when it comes to new all-time highs, analysis says. Read more

At least 60 Bitcoin strategy adopters among publicly listed companies collectively doubled BTC holdings in the past two months, outstripping the buying speed of Michael Saylor’s Strategy. Update (June 4, 1:00 pm UTC): This article’s headline and the piece have been updated to emphasize that Standard Chartered’s sample included 61 out of a total of 124 publicly listed companies that have adopted Bitcoin treasury strategies, as reported by BitcoinTreasuries. The Bitcoin reserve strategy trend has led to 61 publicly listed firms now holding a combined 3.2% of all Bitcoin that will ever exist, according to Standard Chartered. Just 61 public companies out of a total of 124 now own a combined 673,897 Bitcoin (BTC), Standard Chartered’s global head of digital asset research, Geoff Kendrick, said in a June 3 report shared with Cointelegraph. Read more

Pakistan’s crypto minister met with Trump’s digital asset leadership to promote cross-border cooperation and outline Bitcoin-powered infrastructure plans. Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US President Donald Trump’s Council on Digital Assets, during a visit to the White House. The meeting focused on boosting cooperation between Pakistan and the United States in the digital assets space. Discussions covered a broad range of topics, including Bitcoin (BTC), potential partnerships and the future of decentralized finance, according to a report by 24NewsHD TV. One key area of dialogue was Pakistan’s newly announced Strategic Bitcoin Reserve. “It is my mission to position Pakistan as a global leader in digital assets,” Saqib said after the meeting. Read more

Bitcoin forms textbook triangle pattern at $105K with bullish RSI divergence and MACD crossover. Technical analysis points to potential 6% rally targeting $109K. The post Bitcoin (BTC) $105K Triangle Squeeze: 3 Charts Point to 6% Rally Ahead appeared first on Cryptonews.

NYSE Arca has submitted a Form 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the Truth Social Bitcoin ETF, a spot Bitcoin exchange-traded fund (ETF) associated with Trump Media & Technology Group (TMTG). The move represents TMTG’s latest foray into the cryptocurrency sector, aligning with President Donald Trump’s pro-crypto […] The post NYSE Arca submits filing to list Truth Social’s spot Bitcoin ETF appeared first on CryptoSlate.

Ethereum co-founder and Consensys CEO Joe Lubin believes ETH could ultimately become more valuable than Bitcoin (BTC), citing its utility and role in building a trust-based financial infrastructure. Lubin made the comments during an appearance on Rug Radio’s FOMO Hour podcast, where he also revealed that Consensys is in talks with sovereign wealth funds and […] The post Consensys CEO Joe Lubin envisions Ethereum anchoring global finance, surpassing Bitcoin appeared first on CryptoSlate.

The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia. US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national Bitcoin reserve to address threats from economic wars. During a Bloomberg interview on June 3, Lummis said that some US generals, especially those based in Southeast Asia, support the idea of storing BTC as part of a strategic geopolitical move. “All we need to do is look to the leadership of the current US military to find support for a strategic Bitcoin reserve,” Lummis said, adding that: Read more

The miner's May output shows resilience but still lags behind competitors MARA and Riot Platforms. CleanSpark’s Bitcoin mining production rose more than 9% in May, bringing its treasury to 12,502 BTC, double the amount it held at the same time last year. According to its monthly report, the company mined 9.4% more Bitcoin (BTC) in May, producing 694 coins compared to 633 in April. CleanSpark also achieved a 45.6 exahash rate, up from 42.4 in April, and expanded its contracted power capacity to 987 MW. “May was a strong execution month for CleanSpark,” Zach Bradford, CEO and president, said. “We increased our month-end hashrate to 45.6 EH/s, up 7.5% sequentially, while improving average fleet efficiency.” Read more

Norwegian Block Exchange (NBX) became the first publicly listed company in Norway to adopt a Bitcoin (BTC) treasury strategy, according to a press release. The firm announced the acquisition of 6 Bitcoin with plans to increase holdings to 10 BTC by the end of June. The move sent NBX shares soaring more than 138% following […] The post NGX becomes first public Norwegian firm to adopt the Bitcoin standard, stock surges 138% appeared first on CryptoSlate.

A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report shared with CryptoSlate. The bank’s research, authored by head of digital assets research Geoffrey Kendrick, highlighted that 61 companies now hold Bitcoin in […] The post StanChart warns of potential liquidation risks for corporations adopting Bitcoin at high prices appeared first on CryptoSlate.

Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […] The post Binance founder CZ warns of Bitcoin treasury risks amid growing adoption appeared first on CryptoSlate.

BTC price action is already hunting liquidity immediately above price as support thickens, but market analysis doubts that new highs will come this week. Key points: Bitcoin seeks to take liquidity around $106,000 as traders hope for a sustained price recovery. Significant support is in place down to $97,000, boosting the odds of price holding. Read more

Cango mined 954.5 BTC worth more than $100 million in April and May, following its full pivot to Bitcoin mining and sale of its legacy operations. Bitcoin mining company Cango produced nearly $100.5 million worth of Bitcoin in the two months following its full pivot to crypto mining, the company announced on June 3. Cango mined 954.5 Bitcoin (BTC) after going all-in on mining. Of the total haul, 470 BTC were mined in April and 484.5 BTC in May. This follows Cango agreeing to sell its legacy China operations to an entity associated with Bitmain in a bid to focus solely on Bitcoin mining in early April. Read more