Strategy announced an initial public offering (IPO) of 2.5 million shares of its STRD preferred stock on June 2, 2025. The company plans to use the funds raised for general corporate purposes, including acquiring additional Bitcoin and working capital. The STRD shares will carry an annual dividend rate of 10%,
PEPE is showing signs of indecision as it approaches important technical levels after a big rally from its low in March. As per CMC data, currently it is around $0.00001253 with an intraday gain of 10%. The meme coin is at a point where its next steps could decide its
As the day opened, the crypto market cap exhibited an uptick by 1.20%, reaching $3.31 trillion. The fear and greed index value is holding at around 58, reflecting the neutral sentiment within the market. The largest asset, Bitcoin, is attempting to recover its losses, while Ripple’s XRP dropped over 1.60%
The Ethereum Foundation has come up with a restructuring plan to improve its ecosystem. From rebranding its R&D department to shedding some staff members, various changes are underway at EF. The Ethereum network was on the verge of loosening its grip over the crypto industry. However, the EF has decided
Orbitals, an automated market maker (AMM) design, has been introduced by Paradigm researchers to transform the way stablecoin pools operate in decentralized finance. This proposal is made when the stablecoin market sets a new record of $250 billion in capitalization for the first time on June 2. Breaking Current DeFi
With 490.3 billion tokens transferred in May 2025, Tron’s native cryptocurrency TRX set a new monthly transfer volume record. The network’s growing popularity and usefulness within the bitcoin ecosystem are highlighted by this milestone. At TRX’s current price of $0.247, the May volume is equivalent to almost $121.2 billion, per
Raydium (RAY) faced a sharp market pullback as its price declined to $2.33, marking a daily drop of 7.31%. This sudden downturn erased significant value, driving its market capitalization to $675.23 million. The decline represents a 6.34% contraction in market value. With an unlocked market cap of $1.31 billion, Raydium’s
Dogecoin is testing crucial support near $0.1869 as the largest meme coin by market cap struggles with broader altcoin weakness. Trading around $0.19, DOGE has declined nearly 14% over the past week, with traders watching whether the 23.60% Fibonacci retracement level will hold or break. The current support level aligns
Michael Saylor’s Strategy has purchased 705 more bitcoins for $75.1 million. The acquisition occurred between May 26 and June 1, as per an SEC filing published on June 2. The coins were bought at an average price of $106,495 each, during a week when Bitcoin dropped to an intraweek low
Bitcoin increased slightly on Saturday after the U.S. Federal Reserve Chair Jerome Powell made a speech but remained silent about the economic direction of the country. BTC recovered from a low of $103,700 and remained above $104,000, with traders now waiting to see a surge towards $105,000. Trump, Tariffs, and
