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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

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

Ethereum Investment Products Drive $286 Million Inflows as Bitcoin Sees Outflows

Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, marking the seventh consecutive week of gains, according to CoinShares’ June 2 report. The surge was led by Ether (ETH), which saw its strongest investment inflow since December 2024. ETH ETPs Outshine Bitcoin in a Volatile Week Ether ETPs

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

Trust Wallet Launches Buy+ to Simplify Crypto Purchases via Binance Connect

Buy+, a new feature powered by Binance Connect, has been released by Trust Wallet, the world’s leading self-custody Web3 wallet, which is trusted by over 200 million users. The purpose of this new feature is to simplify cryptocurrency access for users all over the globe and to make onboarding simpler for

June 2, 2025 5 mins read

SPX6900 (SPX) Hits a Wall, Is a Breakout Above $1 in Sight?

The recovery attempts of the crypto market have resulted in a brief spike of 0.43%, with the market cap holding at around $3.26 trillion. Can the bulls maintain their strength and reclaim recent highs?  Among the altcoins, Flare and Monero secure the top spots on the 24-hour gainers list. Meanwhile,

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
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