Publicly traded companies are facing significant stock declines following announcements of major cryptocurrency investments, creating a stark contrast in market reactions. While Helius Medical Technologies, CEA Industries, and BitMine Immersion Technologies saw their shares tumble after revealing substantial crypto treasury allocations, MicroStrategy continued its aggressive Bitcoin accumulation strategy with a $99.7 million purchase during the market downturn. This divergence highlights the complex relationship between corporate crypto adoption and investor sentiment, even as Bitcoin itself experienced a 5.23% decline to $111,676 following the Federal Reserve’s recent rate cut decision.
about Crypto Treasury Stocks Crash as Bitcoin Dips to $111KHashKey Capital
0 in Finance and 0 in Crypto last weekCrypto Treasuries Need Discipline, Not Speculation: HashKey CEO
HashKey Capital CEO Deng Chao warns that corporate crypto treasuries must be managed as strategic reserves rather than speculative bets. He emphasizes that sustainability hinges on robust governance and disciplined risk frameworks. Without these, digital asset treasuries risk collapse during market volatility.
about Crypto Treasuries Need Discipline, Not Speculation: HashKey CEOFed Rate Cut Odds Hit 94%, Bitcoin Awaits Powell’s Guidance
The Federal Reserve is overwhelmingly expected to announce a quarter-point rate cut this week, with markets pricing in a 94% probability. Bitcoin and other risk-on assets hang in the balance as investors await Chair Jerome Powell’s forward guidance. Experts warn that short-term volatility could mask long-term bullish trends for cryptocurrencies.
about Fed Rate Cut Odds Hit 94%, Bitcoin Awaits Powell's GuidanceaPriori Raises $20M to Bring High-Frequency Trading Onchain
San Francisco-based Web3 startup aPriori has raised $20 million in a funding round to expand its onchain trading infrastructure platform. The company, founded in 2023 by former quant traders and engineers from Coinbase, Jump Trading, and Citadel Securities, aims to bring high-frequency trading (HFT) capabilities onchain and address technical challenges in DeFi. The investment round saw participation from Pantera Capital, HashKey Capital, Primitive Ventures, IMC Trading, and Gate Labs, among others. This funding comes amid growing institutional interest in DeFi as an alternative yield source, bringing aPriori’s total funding to $30 million to accelerate development of institutional-grade onchain trading solutions.
about aPriori Raises $20M to Bring High-Frequency Trading OnchainMEET48 Hosts 1st Web3 Idol Audition with 78M $IDOL Votes
MEET48, the world’s first AIUGC and fan economy ecosystem, made history by hosting the 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony (WIPA) in Hong Kong. Collaborating with SNH48 GROUP, the event introduced blockchain-based voting, accumulating 78 million IDOL tokens (1.63% of total supply). The Top 3 idols earned exclusive rewards, while AI-driven virtual group FiveSs secured fourth place, highlighting MEET48’s innovative blend of AI, blockchain, and fan engagement. Backed by AuditionsGO, a Web3 music-dance simulation game, MEET48 boasts 3.8M active users and 500K Web3 wallets, with IDOL tokens listed on major exchanges like Binance Alpha and Bitget. The project, supported by investors like Fosun Group and Animoca, aims to expand AI-driven Web3 entertainment.
about MEET48 Hosts 1st Web3 Idol Audition with 78M $IDOL VotesCrypto Analysts See Short-Term Dip, Bull Run Ahead
The cryptocurrency market experienced a sharp decline, with Bitcoin, Ethereum, and Solana losing significant value amid $1.2 billion in futures liquidations. However, analysts like HashKey Capital’s Han Xu believe the correction is temporary, pointing to potential Federal Reserve policy shifts and regulatory easing as drivers for a future rally. Bitcoin’s fixed supply, rising institutional adoption ($45.29B in ETF inflows), and high liquidity sensitivity (beta >8.5) suggest long-term growth potential, with some projecting a $1M BTC price by 2035 if it matches gold’s market cap.
about Crypto Analysts See Short-Term Dip, Bull Run AheadMEET48 Launches $IDOL Airdrop for Web3 Entertainment
MEET48, a leading Web3 entertainment platform, has unveiled its $IDOL airdrop program, set to begin on June 9, 2025. Eligible participants include users who interacted with the MEET48 ecosystem, NFT holders, and Mars Protocol users. The airdrop features a 50% initial release at TGE, with the remaining 50% vesting linearly over six months. Tokens can be used for voting in the upcoming Web3.0 All-Community Annual Idol Popularity Audition (WIPA), co-hosted with SNH48 GROUP. MEET48, backed by investors like Fosun Group and Animoca, aims to merge idol culture with blockchain, leveraging AIGC for AI-driven content creation and virtual performances. The platform has already achieved significant traction, with 537,000 peak DAUs during a recent voting event.
about MEET48 Launches $IDOL Airdrop for Web3 EntertainmentBitcoin as Inflation Hedge: Scarcity & Decentralization
Jupiter Zheng, Partner at HashKey Capital, defends Bitcoin’s role as an inflation hedge, emphasizing its scarcity, decentralization, and portability. Critics argue Bitcoin fails as ‘digital gold’ when its price doesn’t mirror gold’s rallies, but Zheng highlights its unique advantages for long-term financial resilience. The debate continues as Bitcoin’s volatility contrasts with gold’s stability during economic uncertainty.
about Bitcoin as Inflation Hedge: Scarcity & DecentralizationMonero (XMR) Surges 50% to Yearly High Amid Bullish Momentum
Monero (XMR) experienced a dramatic 50% price surge within 24 hours, reaching a new yearly high of $339 before retracing to $279. The rally was fueled by a spike in futures open interest, which hit $30.38 million—its highest since December 2024—and a 449% surge in trading volume. Analysts attribute the sudden price movement to a large BTC-to-XMR swap following a potential theft, alongside a bullish ascending triangle breakout on the charts. Despite an overbought RSI of 83, the asset may cool off to $241 before another potential run toward $345. Macro factors, including US tariff policy shifts and growing merchant adoption, are also supporting XMR’s upward momentum.
about Monero (XMR) Surges 50% to Yearly High Amid Bullish MomentumRipple & HashKey Launch Asia’s First XRP Tracker Fund
Ripple and HashKey Capital have unveiled Asia’s first XRP Tracker Fund, with Ripple as an anchor investor, marking a significant push for institutional adoption. The fund, which may convert into an ETF in the future, aims to expand regulated access to XRP, known for its efficiency in cross-border payments and tokenization of real-world assets. Beyond this, the partnership will explore DeFi solutions and a potential money market fund on the XRP Ledger. Separately, rumors suggest the Federal Reserve may integrate XRP into its FedNow system, though no official confirmation exists. Ripple’s legal clarity with the SEC could further accelerate institutional partnerships.
about Ripple & HashKey Launch Asia's First XRP Tracker FundXRP’s Market Paradox: Decline vs. Long-Term Potential
XRP has lost momentum after its late 2024 rally, declining 18.3% in a month to trade at $2.06, with subdued market activity. CryptoQuant analyst EgyHash highlights a paradox: while XRP Ledger activity dropped 80% and futures open interest fell 70%, the price has only corrected 35%—less severe than peers like Ethereum. Declining exchange reserves suggest reduced sell pressure, potentially supporting prices. Meanwhile, HashKey Capital’s launch of Asia’s first XRP Tracker Fund, backed by Ripple, signals growing institutional interest. The fund may later convert to an ETF, boosting long-term ecosystem growth. Despite near-term softness, these factors could aid XRP’s recovery as markets stabilize.
about XRP's Market Paradox: Decline vs. Long-Term PotentialHashKey Launches XRP Tracker Fund for Asian Institutions
HashKey Capital has introduced the HashKey XRP Tracker Fund, the first of its kind in Asia, designed to track the performance of XRP and foster institutional adoption. The fund, now available to institutional investors, is part of a broader partnership with Ripple Labs, which will serve as an anchor investor. XRP, the fourth-largest cryptocurrency by market cap ($121 billion), has seen a 318% price surge over the past year. This launch follows Hong Kong’s approval of spot Bitcoin and Ether ETFs, though Asian crypto ETFs have yet to attract significant inflows compared to their U.S. counterparts.
about HashKey Launches XRP Tracker Fund for Asian Institutions