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Spot Ethereum exchange-traded funds (ETFs) listed in the US set a new record by attracting net inflows for 19 consecutive trading sessions between May 16 and June 12, adding almost $1.4 billion.
According to Farside Investors’ data, the streak began with $35 million on May 16, passed $1 billion on May 29, and reached $1.38 billion after another $54 million on June 12. The heaviest single-day...
Invesco and Galaxy Digital have taken a concrete step toward bringing a Solana exchange-traded fund (ETF) to the US market.
Public records show that the firms registered a trust named Invesco Galaxy Solana ETF with Delaware’s Division of Corporations on June 12.
Over the past months, several firms have created Delaware statutory trusts before seeking approval from the US Securities and Exchange...
Gotbit Consulting LLC, a prominent cryptocurrency market maker, was sentenced in federal court for criminal charges related to a multi-year scheme to manipulate digital asset trading volumes, according to a June 13 press release.
Aleksei Andriunin, the firm’s 26-year-old founder and CEO, was sentenced to eight months in prison and one year of supervised release for conspiracy to commit wire fraud...
XYZVerse is a new meme coin project that has garnered significant attention from the crypto community thanks to its unique concept. It is the fist all-sports meme coin that offers real utility to all sports fans and crypto enthusiasts by partnering with sportsbook platforms.
Still in a presale phase, XYZVerse has already formed a strong community. Some users anticipate that the project could live...
A new proposal within the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve.
According to the proposal, the plan involves converting 500,000 DOT, valued at around $2 million, into Threshold Bitcoin (tBTC), a wrapped version of Bitcoin secured through threshold cryptography, which ensures decentralization and non-custodial management.
Polkadot’s Bitcoin proposal
Before...
SharpLink Gaming has established a significant Ethereum reserve, acquiring more than 176,000 ETH at an average price of $2,626 per token, according to a statement released on June 13.
The $463 million investment marks the company as the first Nasdaq-listed firm to implement an Ethereum-focused treasury strategy.
In addition, the company is the largest public holder of ETH, behind only the...
Walmart and Amazon are preparing to launch their own stablecoins as the U.S. Senate advances landmark legislation that would establish a federal regulatory framework for privately issued digital dollars for the first time.
The legislation, known as the GENIUS Act (S.394), has passed committee and cleared cloture, with a final Senate vote scheduled for June 17.
Per Bloomberg and Wall Street...
The Israel-Iran conflict has triggered a wave of speculation across the crypto sector, with traders pouring millions into prediction markets.
On Polymarket, a decentralized platform that allows users to wager on real-world outcomes, betting volume linked to the crisis has now exceeded $7 million across over 20 markets.
Tensions escalated sharply on June 13 when Israel carried out a preemptive...
Bitcoin’s retracement from $109,000 over the past 24 hours capped off a volatile week defined by thin weekend liquidity and sharp reactions to geopolitical stress.
In the early hours of Friday, June 13, the market saw the $1,490 CME gap closed, which formed between the Friday (June 6) close at $105,060 and the Sunday (June 8) open at $106,550.
After slow gains for most of the week, BTC plunged...
A growing number of public companies are committing significant funds to XRP treasuries, with total commitments approaching the $1 billion milestone.
The move signals rising institutional interest in integrating blockchain-based assets into corporate financial strategies.
Momentum builds around corporate XRP reserves
On June 12, Singapore-based Web3 firm Trident Digital revealed plans to raise up...