Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition

Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on …

Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users

“We’re not early anymore.” That is the mantra echoing across Crypto Twitter today. Last week, 35,000 people attended Bitcoin 2025, including Bitcoin enthusiasts, U.S. senators, White House staff, BlackRock analysts, and even once-imprisoned Silk Road founder Ross Ulbricht. The spot price is well above $100,000, and Bitcoiners are celebrating ‘going mainstream.’ But behind the standing …

Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 million

The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report. However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines. CoinShares’ Head of Research, James Butterfill, pointed to growing economic uncertainty in …

Tether shut out of Juventus capital raise despite increased investment

Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge. According …

Bitcoin Miners Bank Big in May—Highest Monthly Earnings Since the Halving

Figures logged in May show that bitcoin miners achieved their most lucrative month since the network’s fourth halving in April 2024. During May, the collective revenue drawn in by miners reached an impressive $1.52 billion. Bitcoin Revenues Reach 13-Month High Bitcoin miners recorded their most profitable month in May 2025 since the fourth halving event, …

UK Financial Giant IG Group Launches Crypto Trading for Retail Investors

UK financial giant IG Group, a leading FTSE 250 trading platform, is launching cryptocurrency trading for retail investors—becoming the first UK-listed company to offer such services. Customers can buy, sell, and hold major digital currencies, including bitcoin, ethereum, and select stablecoins, all with a flat 1.49% transaction fee. In partnership with Uphold, IG’s platform allows …

Bitget Partners With Kronos Research to Deliver Institutional-Grade Liquidity and Trading Efficiency

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, June 2nd, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Kronos Research, a top quantitative trading firm, bringing enhanced market liquidity and trading efficiency to Bitget traders and institutional clients. By integrating Kronos’s advanced capabilities, Bitget …

From $100M Wipeout to $98M Gamble—Wynn’s Back and Betting Big on BTC

Following last week’s liquidation event exceeding $100 million, the infamous Hyperliquid trader James Wynn has once again plunged into the deep end—this time reopening a 40x long position on bitcoin, now valued at more than $98 million. Infamous Hyperliquid Trader James Wynn Dives Back Into the Deep End With 40x Bitcoin Bet On Monday, June …

ViaBTC Celebrates 9th Anniversary With $69,999 Prize Campaign

This content is provided by a sponsor. PRESS RELEASE. [HONG KONG] – June 2, 2025 – ViaBTC, one of the world’s premier cryptocurrency mining pools, today announced the launch of its 9th Anniversary Campaign featuring a $69,999 prize pool. The campaign will run from June 2-18, 2025, offering miners worldwide the opportunity to win substantial …

Strategy’s Bitcoin Stack Hits 580,955 BTC After New Acquisition

Strategy (formerly Microstrategy) continues expanding its bitcoin holdings with a fresh multimillion-dollar acquisition and updated performance metrics. On June 2, Strategy Executive Chairman Michael Saylor announced that the firm acquired an additional 705 bitcoin (BTC) for approximately $75.1 million, with an average price of $106,495 per coin. The purchase boosts the company’s total holdings to …

Bitcoin Price Watch: Bulls and Bears Battle at $104K Support Zone

Bitcoin traded at $104,391 on June 2, 2025, with a market capitalization of $2.074 trillion and a 24-hour trading volume of $20.70 billion. The intraday price fluctuated between $103,939 and $105,804, revealing a tight consolidation range after a pullback from recent highs. Bitcoin The daily chart indicates that bitcoin is navigating a cooling period after …

Analyst Unveils ‘Most Bullish Scenario’ for Bitcoin, Predicts Shallow BTC Pullback Before Leg up to Fresh Record Highs

An analyst known for making timely Bitcoin calls is outlining what he believes is the most bullish scenario for BTC as the crypto king struggles to sustain a rally above $110,000. In a new strategy session, pseudonymous analyst Credible tells his 70,100 YouTube subscribers that he thinks Bitcoin will not retest a key psychological level …

‘Nothing Stops This Train’ – Macro Guru Lyn Alden Warns Fed Has No Way To Slow Down Debt Growth in US Financial System

Macro expert Lyn Alden is issuing a dire warning, saying that the Federal Reserve has effectively lost control of debt expansion in the United States. Speaking at the Bitcoin 2025 Conference in Las Vegas, Alden explains how the Fed typically controls credit growth in the US financial system. According to the macro guru, the Fed …

Strategy ends May with $75M Bitcoin buy as price tumbles to $103K

Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the …

Meta won’t buy Bitcoin as shareholders knock back treasury idea

Meta shareholders shut down a proposal to assess whether Bitcoin should be added to its balance sheet, with just 0.08% of votes in favor of the idea. Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet. A “Bitcoin treasury assessment” proposal put before shareholders …

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