Crypto

The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.

Bitcoin holds above $108K as DDC boosts BTC holdings by 48%. Corporate accumulation offsets weak ETF flows, supporting bullish momentum into Q3. The post Bitcoin Price Prediction: Corporate Demand Rises Again – DDC’s BTC Stack Grows 48%  appeared first on Cryptonews.

CRO shot up by over 15% within an hour.

Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group. Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from Global Ledger. On May 1, the US Financial Crimes Enforcement Network (FinCEN) designated Huione as a primary money laundering concern under the PATRIOT Act. Since then, forensics experts have been divided on the extent of the platform’s shutdown. Global Ledger said it observed $10.13 billion in Tether USDt (USDT) transactions on Tron and $219 million on Ethereum in Huione-linked wallets between May 1 and June 17, in a research report shared exclusively with Cointelegraph. $942.9 million ultimately flowed into CEXs. Read more

Venture firm Ego Death Capital has secured $100 million for its second fund, aimed at scaling software startups building on the Bitcoin protocol. The post Ego Death Capital Raises $100M to Back Bitcoin-Focused Startups appeared first on Cryptonews.

You can set up and use a crypto hardware wallet in just a few steps. Learn how to get started, secure your keys and safely manage your assets. This guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet tutorial for receiving and sending funds, this guide has you covered with actionable tips and best practices for long-term cold storage security. If you’re ready to take crypto wallet security seriously, using a hardware wallet is one of the best steps you can take.  You may already be aware of its advantages over a software wallet: keeping your private k...

Australian crypto asset manager DigitalX has secured $13.54 million from Animoca Brands, UTXO Management, and ParaFi Capital, among others, to grow its Bitcoin treasury. The post Crypto Asset Manager DigitalX Secures $13.54 Million to Expand BTC Treasury appeared first on Cryptonews.

Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny. Robinhood is seeing a surge of interest from private companies eager to tokenize their shares after the firm launched its stock token platform in the European Union last week. In a Tuesday interview with Bloomberg News, CEO Vlad Tenev said the company has received a wave of requests from private firms looking to make their equity accessible to retail investors through blockchain-based tokens on their platform. “Since our announcement, I’ve had a deluge of inquiries, private companies that actually want to access retail to have their shares tokenized and be a part of this revolution,” he said. Read more

The fund’s popularity could help Bitcoin's volatility remain relatively low—at least in the short term, according to analysts.

Over the past three trading days, U.S. spot Bitcoin ETFs have recorded more than $800 million in net inflows, with daily averages reaching approximately $216.64 million, bringing total cumulative net inflows to $49.86 billion, as BlackRock leads the charge with $52 billion. The post $200M Floods Into Bitcoin ETFs for 3 Straight Days – New Bull Market Starting? appeared first on Cryptonews.

Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector. Pakistan’s federal government has launched the Pakistan Virtual Assets Regulatory Authority (PVARA), a new body tasked with overseeing the country’s digital asset industry. According to a Tuesday report by English-language local news outlet Dawn, PVARA will operate as an independent regulator tasked with licensing, monitoring and supervising virtual assets service providers. It will also ensure compliance with international standards, including alignment with guidelines from the Financial Action Task Force (FATF). The report follows a late May announcement by Pakistan’s Ministry of Finance, which endorsed the creation of the regulatory body. Muhammad Aurangzeb, Pakistan’s Federal Minister for Finance and Revenue, said that the country “must regulate not just to catch up, but to lead.” Read more

DigitalX strategic investment saw major participants including Animoca Brands, UTXO Management and ParaFi Capital. The post ASX-Listed DigitalX Secures $13.5M Institutional Backing to Boost BTC Reserves appeared first on Cryptonews.

Robinhood Markets saw its share price climb nearly 26% over the past month, driven by its expansions into tokenized equities and crypto infrastructure. The post Robinhood Stock Jumps 26% After Launching Tokenized US Equities, Acquiring Bitstamp appeared first on Cryptonews.

Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications. Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets.  According to Google Finance data, at least three South Korean banks that recently applied for Korean won stablecoin trademarks saw their stock prices increase by 10% to almost 20%. The market reaction suggests investor optimism around the banks’ potential entry into the cryptocurrency sector. The filings came shortly after the inauguration of the country’s 21st president, Lee Jae‑myung, on June 4. His campaign included crypto-friendly promises, including the development of a Korean won-pegged stablecoin. Read more

The TON Foundation could have avoided its golden visa controversy in the UAE with a brief legal review, a local lawyer told Cointelegraph. The Open Network (TON) Foundation’s golden visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said. A premature announcement about TON’s UAE golden visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver. With five regulators overseeing crypto asset service providers’ (CASP) activity in the UAE and strict marketing rules by Dubai’s Virtual Assets Regulatory Authority (VARA), ensuring local compliance requires proper legal assessment. Read more

XRP price flips key breakout zone into support, but significant overhead resistance from the 200-day SMA at $2.36 remains the most important barrier for the bulls. Key takeaways: XRP price needs to break above the $2.20-$2.30 range and 200-day SMA at $2.36 to clear a path to $3. XRP/BTC breaks multimonth downtrend as RSI shows a bullish divergence. Read more

Roughly $12.8 million will go toward Bitcoin purchases, with the remainder slated for operating expenses and working capital.

The executive's departure signals intensifying competition for elite talent and deepens concerns over Apple's generative AI strategy.

Mainland officials have urged public caution amid a rise in crypto fraud as Hong Kong prepares to roll out rules for stablecoin issuers.

A viral post has reignited debate over whether some UFO sightings may reflect ancient religious imagery rather than extraterrestrial life.