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Search Results for: Ethereum

Strategy Buys 705 Bitcoin for $75M, Boosting Holdings to 580,955 BTC

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

June 2, 2025 2 mins read

Fed Rate Cuts Remain Uncertain After Powell’s Speech

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

June 2, 2025 2 mins read

Ripple (XRP) Price Prediction: Is XRP’s Rally to $10 at Risk?

Up until 2025, XRP was just another altcoin shadowed by Bitcoin and Ethereum in surveillance. But this narrative fundamentally changes along with Ripple’s cryptocurrency. Traders are anticipating a significant breakout to $10, despite XRP’s current stabilization between $2.00 and $2.60. But is this quiet build-up hinting at a rally or

June 2, 2025 4 mins read

Is Monero (XMR) Quietly Building Up to a Game-Changing Price Move?

The brief correction has triggered the crypto market cap to a range of $3.27 trillion. The asset’s prices could enter the bullish zone if the spike is sustained. Notably, the largest asset, Bitcoin (BTC), trades at $103.8K, while the altcoin, Ethereum (ETH), hovers at $2.5K.  Monero (XMR) has shifted gears

June 2, 2025 2 mins read

Bank of America Says US Dollar Will Slide, What Does it Mean for Bitcoin?

A Bank of America executive opined that the value of the US dollar may continue to decline in the coming months. The US dollar index has already dropped significantly this year. A further decline will result in a significant shift in the markets of dollar-denominated assets like Bitcoin and gold. 

June 2, 2025 2 mins read

ZachXBT Exposes $11.5M BitoPro Breach, Exchange Yet to Respond

ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the

June 2, 2025 2 mins read

Nervos Network Lost Over $3 Million to Hackers From Force Bridge

The crypto industry is growing in popularity, adoption, and regulation across the globe. But so do the crypto hacks across various platforms. Nervos Network is the recent victim of hackers and has lost over $3 million in funds from its cross-chain bridge.  The news came to light when Web3 security

June 2, 2025 2 mins read

IG Group Becomes First UK-Listed Firm to Offer Direct Crypto Trading

The UK’s expanding cryptocurrency market has marked a milestone as IG Group becomes the first London-listed company to offer direct crypto trading to retail investors. From this week, IG clients in the UK can buy and sell 38 different digital tokens, including Bitcoin, Ethereum, and the leading altcoins like XRP

June 2, 2025 2 mins read

Metaplanet Boosts Bitcoin Holdings to 8,888 BTC Worth $930 Million

Metaplanet has recently increased its Bitcoin treasury by purchasing 1,088 additional BTC. This acquisition raised its total Bitcoin holdings to 8,888 tokens, valued at roughly $930 million. The company spent 16.89 billion yen ($117.5 million) to buy the latest Bitcoin batch at a price of 15.5 million yen ($108,051) per

June 2, 2025 2 mins read

Will Solana (SOL) Regain Strength and Target Its Next Resistance Zone?

The crypto market cap has settled at $3.29 trillion after a brief spike. T technical indicators of the major crypto assets like Bitcoin (BTC) and Ethereum (ETH) have been trading on the downside. The altcoin, Solana (SOL), has posted a spike of over 1.11% in the last 24 hours.  The

June 2, 2025 2 mins read