Bitcoin bulls attempt to reclaim daily moving averages while volatility warnings come before a unique options expiry event for TradFi markets. Key points: Bitcoin gives up pre-Wall Street gains as range-bound BTC price action stays in place. A potentially record-breaking TradFi options expiry event threatens curveball volatility across risk assets. Read more
Coinbase is gearing up to launch crypto perpetual futures as the CFTC reconsiders its previous stance toward the high-risk financial products. Perpetual futures for crypto, also called perpetual swaps or perps, are gaining momentum in the United States amid concerns over risk to retail traders. Head of consumer products of Coinbase, Max Branzburg announced on June 13 that the exchange was planning to launch perps that are compliant with the Commodity Futures Trading Commission (CFTC) for US customers. While BitMEX first launched crypto perps back in 2016, US customers and exchanges haven’t had access to them. One of the main reasons US financial watchdogs have taken action against exchanges offering perps is the high-risk nature of the contracts. Read more
The SEC’s new approach to staking is a turning point for US crypto regulation, showing that genuine, tech-savvy engagement can build smarter policy and keep blockchain innovation onshore. Opinion by: Margaret Rosenfeld, chief legal officer of Everstake At the dawn of the internet in the late 1990s, technology outpaced regulation — and lawyers, engineers and policymakers had to learn together in real-time. Some regulators saw the internet as a threat, others as a challenge. The ones who made the most significant difference, however, were those willing to engage directly with how the technology worked. That kind of engagement — technical fluency, not technophobia — enabled the internet to evolve from fringe novelty to familiar infrastructure. Read more
Parataxis will launch a Bitcoin-native treasury platform in South Korea via Bridge Bio, aiming to expand institutional access to BTC despite regulatory barriers. Parataxis Holdings, an affiliate of digital asset-focused investment company Parataxis Capital Management, is set to launch a Bitcoin-native treasury platform in the South Korean public market. The firm announced on Friday it had entered a definitive agreement to invest 25 billion South Korean won ($18.5 million) into Bridge Biotherapeutics, a publicly traded biotech company. Following the acquisition, Parataxis will take a controlling interest in the firm, which will be renamed Parataxis Korea and repurposed as a treasury vehicle for institutional Bitcoin (BTC) exposure. Read more
Against 1 in 3,000 odds, a solo miner used a short burst of rented hash power to win a $330,000 Bitcoin block, proving that strategy can still beat scale in today’s mining landscape. On June 5, 2025, a solo miner pulled off what most would call impossible: solving a Bitcoin block alone and earning over $330,000 in Bitcoin block rewards. And they did it during the most competitive mining conditions in Bitcoin’s history. Read more
A local expert says a growing share of South Korea’s youth is turning to cryptocurrency not out of belief in its technology, but as a last resort amid economic woes. Cryptocurrency is booming in South Korea, but beneath the surface, the surge is driven less by optimism than by the economic desperation of its younger generation, according to a local expert. Crypto exchange users in South Korea have surpassed 16 million, according to data from late March, after receiving a boost from US President Donald Trump’s election win last November. The figure represents over 30% of the country’s population. Still, recent comments at German Blockchain Week from Eli Ilha Yune, chief product officer at quantum machine learning startup Anzaetek, suggest that this is not a consequence of the local population’s enthusiasm for blockchain technology. He explained during an “Asia Insights” panel that there are a lot of “crypto traders in Korea.” Read more