Binance Stablecoin Reserves Rebound to $46.3 Billion, Signaling Return of Buying PowerBinance’s stablecoin reserves are rising, signaling that buying power may be returning to the cryptocurrency market, according to an analysis. CryptoQuant contributor CryptoOnchain wrote on June 12 that Binance’s ERC-20 stablecoin reserves recently c4.12
European Banks, Companies Shift to Stablecoin Rollout as Adoption Enters Practical Use StageEuropean banks and companies are moving beyond reviewing stablecoin adoption and into implementation. Cointelegraph reported on June 12 that financial institutions and companies across Europe have started preparing to launch services, including by se4.12
BTCBitcoin Rebound Seen as Fragile Amid Middle East Risks, Rate UncertaintyBitcoin’s rebound is losing momentum as geopolitical risks and macroeconomic uncertainty limit further gains, according to an analysis. Cointelegraph reported on June 12 that Nic Puckrin, founder of CoinBureau, said Bitcoin’s current rebound remains 4.12
Trump Weighs Renewed Limited Strikes on Iran, Hormuz Blockade After Talks CollapsePresident Donald Trump is considering resuming limited military action against Iran after negotiations with Tehran collapsed, the Wall Street Journal reported. The newspaper reported June 13 that Trump and his advisers are weighing several military o4.12PiCK
WTI Jumps 10% Intraday, Brent Gains More Than 8% as Middle East Tensions RiseOil prices surged as tensions in the Middle East escalated. The Kobeissi Letter said West Texas Intermediate crude rose about 10% intraday on June 12, topping $105 a barrel. Brent crude climbed more than 8%, also posting a sharp gain. The spike follo4.12
BTCStrategy Signals More Bitcoin Buying, Bringing Holdings to 766,970 BTCStrategy, the largest corporate holder of Bitcoin, has signaled it may expand its holdings. On May 12, Chairman Michael Saylor posted "Think bigger" on X along with the company’s Strategy Tracker chart. The post was interpreted as a sign that another4.12
Trump Declares Strait of Hormuz Blockade; US Military to Enforce It April 13President Donald Trump declared a maritime blockade of the Strait of Hormuz after talks with Iran collapsed, and the U.S. military said it will begin enforcing the measure on April 13. U.S. Central Command said April 12 that, under Trump's order, it 4.12PiCK
ETHEther Machine Abandons Nasdaq SPAC Merger, Halting IPO PlanEther Machine, an Ethereum treasury strategy company, has scrapped its plan to go public. Ether Machine and Nasdaq-listed special purpose acquisition company Dynamix Corp. agreed to terminate their merger deal by mutual consent, Cointelegraph reporte4.12
HYPEBitwise Files Second Amended Filing for Spot Hyperliquid ETFBitwise has filed a second amended application to launch a spot exchange-traded fund tied to Hyperliquid's HYPE token. The Block reported on July 11 that the asset manager submitted the revised filing to the U.S. Securities and Exchange Commission, p4.12
Week Ahead in Economic and Crypto Events: Israel-Lebanon Talks, US Housing Data<Key Economic Events Next Week> ▶︎April 13: △US March existing home sales (10 a.m. ET, 11 p.m. Korea time) △Fed Governor Stephen Miran speaks (6:20 p.m. ET, 7:20 a.m. Korea time on April 14) ▶︎April 14: △Israel-Lebanon talks △ADP weekly private emplo4.12PiCK
ECB Backs ESMA as Sole Supervisor for Large Crypto FirmsThe European Central Bank has formally backed a plan to centralize oversight of large crypto-asset service providers under the European Securities and Markets Authority. Reuters reported on June 11, citing an ECB opinion published June 9, that the ce4.12
Saudi Restores East-West Pipeline, Resumes 7 Million Barrels-a-Day Crude ShipmentsSaudi Arabia has fully restored the East-West pipeline, which bypasses the Strait of Hormuz. Watcher.Guru reported on July 12 that the kingdom had normalized operations on the East-West pipeline and resumed crude shipments of about 7 million barrels 4.12
BTCETHBitcoin Above $76,000, Ether Over $2,400 May Signal Bullish TurnBitcoin and Ether could reverse course this year if they break above key price levels, according to an analysis cited by Cointelegraph. Cointelegraph reported on June 12 that macro analyst Jordi Visser said in a recent interview that a sustainable ra4.12
BTCBitcoin Shows Signs of US Inflows as Market Enters Quiet Reaccumulation PhaseAnalysis suggests US capital flows in the Bitcoin market may be starting to shift. CryptoQuant contributor Rei Researcher wrote on June 11 that an analysis of recent Bitcoin price action and the Coinbase Premium Index points to a meaningful change in4.12
Chainalysis Sees Stablecoin Economic Activity Reaching $719 Trillion by 2035Stablecoins’ real economic transaction volume could expand sharply over the next decade. Wu Blockchain reported on June 12 that Chainalysis said in a recent report inflation-adjusted stablecoin transaction volume may rise from $28 trillion in 2025 to4.12
BTCSpaceX Keeps 8,285 Bitcoin Despite $5 Billion Net LossSpaceX, Elon Musk’s rocket and satellite company, has maintained its Bitcoin holdings despite posting a steep loss. CoinDesk reported on June 12 that SpaceX holds about 8,285 Bitcoin worth roughly $603 million. The assets are held in custody at Coinb4.12PiCK
HYPEArthur Hayes Buys 26,022 More Hyperliquid Tokens for About $1.1 MillionArthur Hayes bought additional Hyperliquid, or HYPE, tokens, renewing interest in the cryptocurrency market. Wu Blockchain said on July 11 that Hayes spent about $1.1 million a day earlier to buy 26,022 more HYPE tokens. The purchase was his first in4.12
BTCETHXRPBitcoin Falls Below $72,000 as US-Iran Talks Fail to Yield DealBitcoin fell below $72,000. As of 10:52 a.m. Korea time on May 12, Bitcoin was trading at $71,571.45, down 1.97% from a day earlier, according to CoinMarketCap. On Upbit's won market, it traded at 106.628 million won, down 1.8%. Major altcoins also m4.12PiCK
Vance Says Iran Talks Fail After 21 Hours as Tehran Rejects US TermsUS Vice President JD Vance said negotiations with Iran failed to produce an agreement. Speaking in Islamabad, Pakistan, on June 12, Vance said no deal was reached despite 21 hours of talks because Tehran refused to accept US terms. He described the l4.12PiCK
BTCBitcoin Rises on Hopes for US-Iran Talks, Trims Gains After First Round Ends Without DealBitcoin and the broader cryptocurrency market rose on hopes for talks between the US and Iran, but pared some of those gains after the first round ended without an agreement. BeInCrypto reported on June 11 that Bitcoin briefly approached $74,000 befo4.12
BTCBitcoin Market Weakens as Liquidity, Derivatives Activity SlowThe cryptocurrency market, led by Bitcoin, has shown signs of weakening structural strength since a sharp selloff in October last year. Cointelegraph reported on April 11 that market liquidity and derivatives indicators have broadly softened since th4.12
BTCETHXRPSOLBitcoin Wobbles as Middle East Cease-Fire Falters; Ether Rebounds, XRP Recovers<Lee Soo-hyun’s Coin Radar> is a weekly column that tracks moves in the cryptocurrency market and explains the forces behind them. It goes beyond a simple price roundup to analyze global economic developments and investor positioning, offering insigh4.10Only
XRPXRP Rebounds on Renewed Institutional Inflows, Improved Sentiment as Geopolitical Risks LingerXRP is rebounding as institutional inflows turn positive again and investor sentiment improves. CoinShares data released on July 8 showed XRP ranked first in 24-hour inflows to digital-asset investment products, ahead of Bitcoin and Ether. James Butt4.9Only
XRPXRP Losses Deepen as Investor Pain Grows, Raising Risk of More SellingXRP is under pressure as investor losses widen and institutional money retreats. At the same time, large holders, or whales, are not rushing to sell, leaving the market with mixed signals. Glassnode data released on April 7 showed that about 43.4% of4.8PiCKOnly
SOLTiger Research Says Solstice’s Asset-Management Model Broadens DeFi Strategy OptionsSolstice Finance, a decentralized finance platform, is pursuing an asset-management model that moves beyond the single-strategy setup common in DeFi, Tiger Research said. In a report released Aug. 8, Tiger Research said Solstice addresses the limits 4.8
Bonanza Lab Supplies Crypto Data to Smilegate Asset Management, Expands Investment Information ServiceBonanza Lab, a digital-asset data company, said May 8 that it has begun supplying cryptocurrency data to Smilegate Asset Management. Smilegate Asset Management’s investment information platform, Moneatering, is designed to let retail investors monito4.8
BTCBitcoin Falls to $68,800 as Traders Turn Cautious Ahead of Trump’s Iran DeadlineBitcoin fell into the $68,000 range as rising geopolitical risks in the Middle East weighed on sentiment. Bloomberg reported on July 7 that Bitcoin traded near $68,800, after falling more than 2% intraday. That erased most of the previous day’s gains4.7
SOLSolana Launches STRIDE DeFi Security Framework, Incident Response NetworkThe Solana Foundation has introduced a new framework and incident-response network to bolster security for decentralized finance projects on its blockchain. Cointelegraph reported on April 7 that the foundation, together with Web3 security firm Asymm4.7
BTCUS Spot-Bitcoin ETFs See $471.4 Million of Net Inflows in Biggest Haul Since Feb. 25Net inflows into US spot-Bitcoin exchange-traded funds surged, signaling a renewed pickup in institutional demand. Farside Investors data showed US Bitcoin ETFs recorded total net inflows of $471.4 million on June 6, the largest daily inflow since Fe4.7PiCK
ETHUS spot Ethereum ETFs see $120 million of net inflows in a day… led by BlackRock and FidelityUS spot Ethereum exchange-traded funds (ETFs) saw more than $100 million of inflows in a single day, signaling a pickup in investor demand. According to Farside Investors on the 7th (local time), net inflows into US spot Ethereum ETFs totaled $120.204.7PiCK