Alex Protocol Suffers $8.3M Exploit Amid Renewed Security Concerns
Bitcoin DeFi platform Alex Protocol loses $8.3M in exploit; pledges full USDC reimbursement amid renewed security concerns.
Trump Memecoin Faces Market Test Amid $520M Token Unlock
As the $TRUMP memecoin drops 85% from its peak, a $520M token unlock looms, testing investor sentiment and market stability.
Ark Invest Commits $373M to Circle on IPO Debut
Cathie Wood's Ark Invest acquires $373.4M in Circle shares on IPO day, signaling strong confidence in USDC issuer's public debut.
Ether ETFs Near $1B Milestone With 15-Day Inflow Streak
Spot Ether ETFs see 15 straight days of inflows totaling $837.5M; continued momentum may push the streak above $1 billion next week.
Big Tech Explores Stablecoins Amid Regulatory Changes
Apple, Google, Airbnb, and X consider stablecoin integration as U.S. regulation evolves.
Singapore Near-Bans Overseas-Only Crypto Services
MAS to restrict crypto firms serving only overseas clients, requiring hard-to-obtain licenses under new DTSP rules effective June 30.
Bitcoin ETFs Lose $278M as Trump–Musk Feud Jolts Market
Bitcoin ETFs face $278M outflows amid Trump–Musk feud; Ethereum funds sustain 14-day inflow streak, signaling divergent investor sentiment.
CZ Rebukes NYT Over Trump Memecoin Story
Binance founder CZ slams NYT for alleging links to Trump meme coin dinner, calling it media-driven FUD without evidence.
Trump-Musk Feud Triggers $308M Bitcoin Long Liquidations
Bitcoin dips below $102K amid Trump-Musk feud, leading to $308M in long liquidations and broader crypto market downturn.
Europe Eyes 2026 DeFi Rules Amid MiCA’s Unresolved Gaps
EU shifts focus to DeFi regulation for 2026 as MiCA leaves decentralized finance protocols in legal limbo, with no MiCA II on the horizon.
Trump Media Seeks SEC Approval for Truth Social Bitcoin ETF
Trump Media files with SEC to launch Truth Social Bitcoin ETF, aiming to offer direct Bitcoin exposure amid expanding crypto initiatives.
Upcoming economic events 6 June 2025
Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsBuilding Approvals (MoM) (Apr)-5.7%-8.8%08:302 pointsECB President Lagarde Speaks--------------------09:002 pointsGDP [...]
Crypto.com Sues Nevada Over Sports Derivatives Ban
Crypto.com challenges Nevada's gaming regulator, asserting federal jurisdiction over sports event derivatives under the CFTC, not state law.
Circle Raises $1.05 Billion in Upsized IPO, Valued at $6.9 Billion
Circle's IPO raises $1.05B, pricing shares at $31, valuing the USDC issuer at $6.9B ahead of NYSE debut under ticker CRCL.
Ethereum Foundation Adopts Strategic Treasury Policy Amid Critical 18-Month Period
Ethereum Foundation introduces a new treasury policy to enhance financial stability and align operations with long-term goals during a pivotal 18-month phase.
Semler Scientific Expands Bitcoin Holdings to 4,449 BTC
Semler Scientific acquires 185 BTC for $20M, increasing total holdings to 4,449 BTC valued at $467M, showcasing a strategic Bitcoin treasury approach.
SEC to Use Formal Rulemaking for Crypto, Says Chair Atkins
SEC Chair Paul Atkins confirms crypto policy will be shaped through formal notice-and-comment, ending regulation by enforcement.
Upcoming economic events 5 June 2025
Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsTrade Balance (Apr)5.960B6.900B01:452 pointsCaixin Services PMI (May)51.050.712:153 pointsDeposit Facility [...]
Corporate Bitcoin Treasuries Now Hold 3.2% of Total BTC Supply
Over 60 companies have doubled their Bitcoin holdings, now owning 3.2% of the total supply. Standard Chartered warns of volatility risks.
South Korea Elects Pro-Crypto President Lee Jae-myung
South Korea elects Lee Jae-myung, who plans to legalize Bitcoin ETFs and introduce a won-backed stablecoin. Voter turnout hits 80%.