Crypto

Strategy has acquired 1,045 Bitcoin for $110.2 million as part of its ongoing accumulation strategy, bringing total holdings to 582,000 BTC. Strategy has acquired $110.2 million worth of Bitcoin as the price trades near its all-time high level. According to a Monday US Securities and Exchange (SEC) filing, Strategy acquired 1,045 Bitcoin (BTC) at an average price of $105,426 per coin. The company now holds 582,000 BTC acquired for about $40.8 billion at an average price of around $70,086 per BTC. The announcement follows Strategy co-founder and executive chairman Michael Saylor hinting at the purchase on June 8. The buy marks the ninth consecutive week that Strategy has acquired Bitcoin. Read more

Bitcoin eyes $110K after trendline breakout. Key support levels at $103,700 and $95,600 may decide its next move. Is smart money already ahead of the curve? The post Bitcoin Price Prediction: Smart Money Is Watching These Two Levels – Are You? appeared first on Cryptonews.

An interesting conversation with Luke Xie, Co-Founder and CEO of SatLayer on transforming BTC from a passive investment to a highly-productive asset.

A new Ethereum privacy proposal suggests modular design and privacy tech can help the network align with EU GDPR rules while preserving decentralization. As the Ethereum ecosystem and its core principles evolve to address data privacy concerns, a new proposal recommends a modular compliance strategy as a path to reconcile public blockchains with the European Union’s General Data Protection Regulation (GDPR). On Monday, a proposal drafted by Ethereum community member Eugenio Reggianini suggested the use of modular architecture for effective data management and privacy. “By pushing personal data to the edges (wallets and DApps), using offchain storage with metadata-erasure, and splitting roles cryptographically, we can focus GDPR controller duties on a small set of entities, while the wider network becomes mere processors or falls out of scope,” Reggianini said. Read more

The funding round was led by Bain Capital Crypto and included contributions from Lightspped Faction and Galaxy Ventures

Ethereum has recently faced a slight rejection at the 200-day moving average of $2.6K, showcasing sellers’ presence. Nevertheless, further consolidation and a deeper correction might be on the way for the cryptocurrency. ETH Price Analysis: Technicals By Shayan Markets The Daily Chart Ethereum has once again faced rejection at the critical 200-day moving average near […]

The company now holds a total of 582,000 tokens purchased at an average price of just over $70,000 each.

Strategy continues its weekly buying spree, adding more than 1,000 BTC to its growing stockpile.

Kakao-backed blockchain Kaia joins South Korea’s stablecoin race as the tech giant’s payments app surges 30% on the stock market. Layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises. Launching a won-based stablecoin is one of the crypto goals laid out during Lee’s campaign that set him apart from other crypto-friendly candidates. The issuance of stablecoins faces legal hurdles, as South Korea’s constitution grants exclusive authority over currency issuance to the central bank, the Bank of Korea. Read more

Check out which Bitcoin indicator climbed to a historic peak.

Liquidity pools have been restored to between 85% and 99% of their original levels.

Ethereum climbs above $2,530 after weekly inflows hit $295 million, the highest among all assets tracked by CoinShares as of June 7.

The blockchain protocol raised $8 million in a seed round last year.

Kenya’s proposed 1.5% crypto transaction tax could disrupt Africa’s digital integration. As Kenya advances a 1.5% tax on every crypto transaction, the nation risks undermining its fintech leadership, driving startups and talent abroad. Opinion by: Chebet Kipingor, business operations manager at Busha As Kenya pushes forward with a revised 1.5% crypto transaction tax, it risks losing more than revenue — it could forfeit its regional fintech leadership, drive startups across borders, and fracture Africa’s digital economy before it can unify. Parliament is debating implementing the Digital Asset Tax (DAT) on every cryptocurrency transaction. While the intention to broaden the tax base is valid, the policy’s current form could deliver unintended consequences for Kenya and financial inclusion efforts across the continent. With over 450 million unbanked individuals in Africa, digital assets offer a real chance to leapfrog traditional infrastructure and extend financial services to underserved populations. This tax ...

Bitcoin's price tops $107K in a renewed bullish effort as US and China commence trade talks in London.

The crypto market is down today, but analysts argue that BTC could still hit $136,000 by the year's end. The post Why Is Crypto Down Today? – June 9, 2025 appeared first on Cryptonews.

Crypto, cash, and property were seized after raids on a Gold Coast firm accused of running a laundering network via fake businesses.

Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision. Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve. Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a Monday report from CoinShares. Ether-based investment products now make up over 10.5% of the total assets under management (AUM) of all crypto-based ETPs. Read more

Bitcoin analysts say BTC price could drop in the short term before initiating a rally to all-time highs above $140,000. Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. Read more

Ripple will award the fund to a select group of early-stage startups based in Japan that are building on the XRPL, including DeFi, RWA and digital payments. The post Ripple Launches Structured Program to Back Japanese XRPL-Focused Web3 Startups appeared first on Cryptonews.