French company The Blockchain Group and the UK-based Smarter Web Company each boosted their corporate Bitcoin treasuries on Monday with multimillion-dollar BTC purchases. Two European companies — France’s The Blockchain Group and the United Kingdom’s Smarter Web Company — have expanded their Bitcoin holdings. In a Monday announcement, The Blockchain Group said it acquired 116 Bitcoin (BTC) for about 10.7 million euros ($12.55 million), and the Smarter Web Company announced the purchase of 226.42 BTC for 17.9 million pounds ($24.34 million). Following its latest purchase, The Blockchain Group’s holdings total 1,904 BTC, acquired at an average price of $106,000 per coin. The Smarter Web Company’s holdings have reached a total of 1,000 BTC, bought for an average price of $106,750. Read more
Authorities in Shenzhen, China, urged the public to be vigilant after uncovering illegal fundraising schemes masked as stablecoin investments. Authorities in Shenzhen, China, warned citizens about illegal fundraising schemes disguised as stablecoin and cryptocurrency investments. Shenzhen’s city government task force for combating illicit financial activity issued an alert on Monday, urging the public to be cautious of unlicensed entities promoting digital asset investments. Officials said the groups exploit the public’s limited knowledge of stablecoins and crypto-related terms to mislead investors and fuel speculative investments. Read more
Michael Saylor’s Strategy skipped weekly Bitcoin buys for the first time since April, announcing a new $4.2 billion stock sale and reporting $14 billion in unrealized gains in Q2. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, reported $14 billion in unrealized gains on its holdings in the second quarter of 2025. The company recorded an unrealized gain on its digital asset holdings of $14.05 billion, along with a deferred tax expense of $4.04 billion, according to a filing with the US Securities and Exchange Commission on Monday “As of June 30, 2025, the Company’s digital asset carrying value was $64.36 billion, with a related deferred tax liability of $6.31 billion,” the filing stated. Read more
Solana’s newest memecoin launchpad, LetsBonk, doubled Pump.fun’s daily revenue with $1.04 million, shaking up the leaderboard in the memecoin space. Solana memecoin launchpad LetsBonk surpassed rival Pump.fun in 24-hour revenue, according to data aggregated by decentralized finance (DeFi) platform DefiLlama. The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marked a rare shift in dominance in the Solana memecoin sector, where Pump.fun has typically held the top spot. Both platforms offer simplified tools for launching and trading memecoins. However, LetsBonk appears to be gaining traction due to the support of the Bonk (BONK) memecoin community and its social campaigns. Read more
Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure. The Kingdom of Bhutan is integrating cryptocurrency payments into its tourism infrastructure in a bid to modernize its economy and attract younger, tech-savvy travelers. In a panel discussion during Binance’s Crypto-Powered Tour in Bhutan, Damcho Rinzin, the director of Bhutan’s Department of Tourism, told the audience that the country’s tourism sector has long struggled because of the country’s payment infrastructure. On May 7, Binance Pay partnered with local bank DK Bank to let users pay for their expenses in Bhutan using crypto. During the panel discussion, DK Bank president Ugyen Tenzin said almost 1,000 merchants nationwide have been onboarded to accept the payment method. Read more
Japan’s Metaplanet has become the world’s fifth-largest corporate Bitcoin holder after acquiring 2,204 BTC. Japan’s top corporate Bitcoin treasury company, Metaplanet, has acquired another 2,204 Bitcoin for $237 million. In a filing on Monday, the company said it acquired an additional 2,204 Bitcoin (BTC) at an average price of 15,640,253 Japanese yen per Bitcoin (about $107,700). This brings Metaplanet’s total holdings to 15,555 BTC at an average purchase price of about $99,985 each. According to BitcoinTreasuries.NET data, Metaplanet is the fifth-largest corporate holder of Bitcoin. The company overtook the holdings of electric vehicle manufacturer Tesla in late June with an acquisition of 1,234 BTC, which brought its holdings to 12,345 BTC, with Tesla holding 11,509 BTC. Read more
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “big move” toward new all-time highs. Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for BTC price breakout above $110,000. Bitcoin eyes new all-time highs in July due to multiple tailwinds. Read more
Bitcoin ETPs saw $790 million of inflows last week, a slowdown from the previous three-week average of $1.5 billion, with dynamics shifting in favor of Ether, according to CoinShares. Cryptocurrency investment products clocked another week of inflows last week, even as volatility persisted across major digital assets, including Bitcoin (BTC) and Ether (ETH). Global crypto exchange-traded products (ETPs) recorded $1.04 billion of inflows for the trading week ended Friday, CoinShares reported on Monday. With the fresh inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historical high just under $19 billion, said CoinShares’ head of research, James Butterfill. Read more