BitMine Immersion Technologies saw its shares surge dramatically, closing at $135—a 2,150% increase from earlier in the week—after naming Fundstrat co-founder Tom Lee as board chair. The rally followed the announcement of an Ethereum treasury strategy, with Lee predicting a stablecoin-driven demand surge. BitMine raised $250M in a private placement involving major crypto investors, though participants face trading restrictions. Meanwhile, other crypto treasury firms like SharpLink Gaming and Upexi faced steep declines after SEC filings took effect. BitMine aims to maximize shareholder value through digital asset accumulation, leveraging staking and DeFi opportunities.
about BitMine Shares Soar 2,150% After Tom Lee Joins BoardJames Rubin
0 posts last weekBitcoin Set for Record Highs on Institutional Demand
Standard Chartered analyst Geoff Kendrick predicts Bitcoin will achieve new record highs in H2 2024, fueled by institutional treasury buying exceeding Q2’s 245,000 BTC. Unlike past halving cycles, Bitcoin now benefits from ETF support and corporate treasury purchases, potentially avoiding the typical 18-month post-halving decline. While short-term volatility is expected due to historical patterns, sustained ETF inflows and treasury acquisitions—led by firms like MicroStrategy—could propel prices beyond May’s $111,814 peak. Spot Bitcoin ETFs, despite a recent $342M outflow, manage over $130B in assets, with BlackRock’s IBIT leading growth. Over 140 public companies now hold 849,400 BTC ($92B), underscoring institutional adoption. Market concerns over U.S. trade policies and Fed rate cuts have had minimal impact on crypto prices.
about Bitcoin Set for Record Highs on Institutional DemandRobinhood Launches Tokenized Stock Trading in Europe
Robinhood has announced the rollout of tokenized stock trading for European users via the Ethereum layer-2 network Arbitrum, alongside plans to develop its own Ethereum layer-2 network optimized for real-world assets. European customers will now have access to crypto perpetual futures with up to 3x leverage, while U.S. users can stake Ethereum and Solana. The move aims to eliminate high fees for European investors accessing U.S. stocks, charging only a 0.1% foreign-exchange fee. Robinhood also teased upcoming features like a crypto cash-back credit card and tax-optimized crypto sales. The expansion follows the acquisition of Bitstamp and securing a MiCA license, enabling services in over 31 European countries.
about Robinhood Launches Tokenized Stock Trading in EuropeAltcoin ETFs Poised for Approval: Will Investors Bite?
The U.S. has seen significant success with Bitcoin and Ethereum spot ETFs, prompting asset managers to propose ETFs for smaller altcoins like Solana, Dogecoin, and XRP. Bloomberg analysts predict a high likelihood of approval for some of these funds this year. However, analysts are split on their potential uptake, with some citing the complexity and lack of mainstream familiarity with altcoins as barriers. Bitcoin ETFs have been the most successful debut in ETF history, managing over $130 billion, while Ethereum ETFs hold $10 billion. The SEC is reviewing over 30 altcoin ETF applications, driven by growing demand for crypto investment products. While some experts believe institutional investors may diversify into altcoin ETFs, others argue that retail investors may find them too niche or confusing.
about Altcoin ETFs Poised for Approval: Will Investors Bite?Kalshi Hits $2B Valuation with $185M Series C Led by Paradigm
Kalshi, a prediction markets startup, has raised $185 million at a $2 billion valuation in a Series C round led by Paradigm, with participation from Sequoia, Multicoin, and others. The funding solidifies Kalshi’s unicorn status as it expands into crypto, including Web3 integrations with ZeroHash to accept Bitcoin, USDC, Worldcoin, and Solana. The platform has seen surging demand for event contracts, notably in political markets, with over $875 million traded in November 2024. Kalshi’s growth mirrors broader traction in prediction markets, as rival Polymarket also reportedly nears a $1B+ valuation. The startup recently won regulatory approval for political event contracts after a prolonged CFTC battle.
about Kalshi Hits $2B Valuation with $185M Series C Led by ParadigmBitcoin Rebounds Above $105K Amid Ceasefire News
Bitcoin’s price rebounded above $105,000 after news of an Iran-Israel ceasefire, reversing a weekend drop triggered by U.S. missile strikes on Iranian nuclear facilities. The Bitcoin Volatility Index hit its lowest level since October 2023 at 39.15, signaling expectations of stable prices around $105,000 ahead of Friday’s monthly options expiry. However, derivatives traders remain wary, with Bitcoin perpetual futures open interest plunging by 17,394 BTC in 24 hours—the steepest drop since August 2024. Analysts note a low-leverage environment, suggesting short-term price stability, but geopolitical tensions keep short-dated implied volatility elevated. Meanwhile, bullish sentiment is building for Bitcoin options expiring in July and September, indicating hopes for reduced uncertainty.
about Bitcoin Rebounds Above $105K Amid Ceasefire NewsMastercard Adopts Fiserv Stablecoin for Global Payments
Mastercard is embracing the future of payments by integrating Fiserv’s FIUSD stablecoin into its services, enabling over 150 million merchants to use the dollar-pegged token. The partnership aims to create a seamless transition between fiat and stablecoin payments while exploring global settlement options. Mastercard will also incorporate FIUSD into its Multi-Token Network and issue stablecoin-powered cards, building on recent collaborations with MoonPay, OKX, and Circle. The announcement follows Circle’s blockbuster IPO, which saw its stock surge 700% above its initial price, and comes amid legislative progress on the GENIUS Act, which could establish federal stablecoin rules. Meanwhile, Coinbase is expanding its payments footprint through partnerships like its recent Shopify integration.
about Mastercard Adopts Fiserv Stablecoin for Global PaymentsHYPE Token Drops 6% After Record High, Analysts Weigh In
The HYPE token, native to the Hyperliquid decentralized exchange, fell over 6% in Thursday trading, retreating from its recent all-time high of $45.59. Despite the drop, HYPE remains up 40% over the past month, buoyed by Hyperliquid’s strong position in perpetual futures trading. Analysts point to multiple factors for the decline, including profit-taking after corporate buying announcements, reduced trading volumes, and diminished effects of the platform’s buy-and-burn mechanism. The broader crypto market dipped 2.5% on an otherwise quiet trading day due to the U.S. Juneteenth holiday. Experts suggest the pullback reflects typical market behavior after rapid gains, compounded by light overall market activity.
about HYPE Token Drops 6% After Record High, Analysts Weigh InFalconX Eyes IPO Amid Crypto Listing Boom
FalconX, a cryptocurrency prime brokerage firm, is considering going public as early as this year, according to sources close to the matter. The firm has engaged in informal discussions with investment bankers and consultants to explore the IPO process, though it has not yet hired an investment bank. FalconX’s potential IPO comes amid a wave of public listings in the crypto industry, including Circle’s $1.1 billion IPO, the largest in recent history. The firm, valued at $8 billion in 2022, has been expanding through strategic acquisitions and partnerships, such as its deal with Arbelos Markets and Standard Chartered, to meet rising institutional demand for crypto services. FalconX aims to position itself as a comprehensive financial services provider for the next generation of digital assets.
about FalconX Eyes IPO Amid Crypto Listing BoomRipple Funds Nonprofit to Boost US Cryptocurrency Education and Awareness
The National Cryptocurrency Association (NCA), a nonprofit aimed at educating U.S. consumers about cryptocurrencies, has launched with a $50 million grant from Ripple. NCA President Stuart Alderoty emphasized the importance of guiding users in responsible crypto use as demand for digital assets grows amid market uncertainties.Ripple has also contributed $25 million to the pro-crypto super PAC Fairshake, enhancing the industry’s influence in Washington, D.C. CEO Brad Garlinghouse noted the increasing opportunity for crypto in the U.S., despite ongoing legal challenges with the SEC.
about Ripple Funds Nonprofit to Boost US Cryptocurrency Education and AwarenessMARA Holdings Reports Decline in Bitcoin Production and Mining Metrics
MARA Holdings reported a 6% decline in blocks won and Bitcoin production in February, attributing the drop to increased network difficulty and fewer operational days. Despite a 21% decrease in shares over the past month, the company is nearing completion of a 40-megawatt data center in Ohio to enhance its mining capabilities. Rising energy costs and a competitive landscape continue to challenge the mining sector.
about MARA Holdings Reports Decline in Bitcoin Production and Mining MetricsRecord Crypto Hacks in 2025 Reach Over 1.6 Billion Dollars
In 2025, crypto hacks have surged dramatically, with losses reaching $1.6 billion year-to-date, an 8x increase from the previous year. The record $1.4 billion theft from Bybit, linked to North Korea’s Lazarus Group, marks the largest hack in history, highlighting vulnerabilities in centralized exchanges. February alone saw losses of $1.53 billion, a staggering 20x increase from January.
about Record Crypto Hacks in 2025 Reach Over 1.6 Billion Dollars