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Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury.
The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement.
TRNR has started building its token position, backed by an initial $55 million investment...
Bitcoin’s network difficulty remains pinned at a record 127 T following its most recent adjustment on May 31, yet the underlying hashrate continues to push higher.
As of June 10, the average seven-day hashrate is roughly 901 EH/s, with several daily prints brushing against 920 EH/s. This suggests a persistent mismatch between the protocol’s two-week cadence and the pace at which new-generation...
Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February.
The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move.
On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, which tracks the total number of active...
Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO.
In a June 11 post on X, Nailwal said:
“As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full control of Polygon Foundation and will be its CEO going forward...
A slow but clear divergence is emerging in XRP’s derivatives market: open interest has eased modestly over the past month, but the amount of leverage employed by traders is steadily rising.
With spot demand softening and funding rates climbing to near their monthly highs, XRP appears to be entering a phase of elevated positioning risk, even as its price action remains relatively stable.
As of...
VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement.
Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves.
The company plans to channel all earned proceeds into its XRP treasury, establishing...
Ukraine is taking a significant step toward adding Bitcoin to its national reserves.
On June 10, the Ukrainian parliament received a draft bill proposing an amendment to the National Bank of Ukraine’s (NBU) asset reserve policy. This change would allow the central bank to add cryptocurrencies alongside gold and foreign currencies to its reserves.
Ukrainian parliament member Yaroslav Zhelezniak...
Bitcoin’s price increased 0.5% to $109,600 on Wednesday after United States inflation data for May came in below market expectations.
The asset’s move comes after a period of sustained strength, where it has held a range between $109,000 and $110,000 over the last three days.
US CPI data (Source: Trading Economics)
The latest Consumer Price Index report showed year-over-year inflation of 2.4%, up...
A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes.
This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts.
No Bitcoin reserve for Connecticut...
Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger.
The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network.
According to the statement, the integration allows institutional investors to mint and redeem OUSG on...