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Gold price is nearing its all-time high at $3,433, further fueling its up-and-to-the-right rally in 2025, as escalating tensions in the Middle East drive investors toward traditional safe-haven assets.
The surge in gold price reflects not only geopolitical uncertainty but also a broader shift in global reserve strategies. The ECB reported last week that gold had overtaken the euro in 2024 as the...
Bitcoin (BTC) remained near the $105,000 mark on June 13, a sign of relative resilience following a sharp dip triggered by escalating conflict between Israel and Iran.
As of press time, Bitcoin was trading at $105,600, having recovered the previous night’s pullback to end the day down 0.11% over the past 24 hours.
The turbulence followed Israeli airstrikes on Iranian nuclear and military sites a...
Morgan Creek Digital Assets co-founder and crypto influencer Anthony Pompliano is preparing to launch a new Bitcoin-focused investment vehicle that aims to raise $750 million through a merger with Columbus Circle Capital 1, the Financial Times reported on June 13, citing people familiar with the matter.
The new entity, called ProCapBTC, will reportedly secure $500 million in fresh equity...
Tornado Cash developers Roman Storm and Alexey Pertsev received renewed support from the crypto community on their respective trials for deploying the open-source code behind the mixer.
The Ethereum Foundation on June 12 donated $500,000 to Tornado Cash developer Roman Storm’s legal defense. It said it will match another $750,000 from public contributors as the US money laundering case approaches...
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...