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Bitcoin News
TronWeekly
4d
117
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Hong Kong Firm Reitar Logtech Sets $1.5B Bitcoin Acquisition Goal
- Reitar Logtech plans to acquire up to $1.5 billion worth of Bitcoin through a share issuance deal.
- The company aims to buy approximately 15,000 BTC to diversify its corporate treasury.
- The transaction will involve institutional and high-net-worth digital asset participants.
- Hong Kong-based Reitar Logtech Holdings Ltd. is preparing a major $1.5 billion Bitcoin acquisition to reinforce its logistics expansion.
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Bitcoinist
4d
308
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Poland Elects Pro-Bitcoin President Nawrocki In Shock Upset
- Pro-Bitcoin politician Karol Nawrocki has been elected as Poland's next president, winning 50.89 percent of the votes in a shock upset victory.
- Nawrocki ran on a strong pro-Bitcoin platform, pledging to abolish the capital gains tax on Bitcoin and ensure legal certainty for crypto users in Poland.
- The election was influenced by the growing adoption of digital assets in Poland, with Nawrocki's focus on Bitcoin appealing to a younger, urban demographic.
- Nawrocki's win is seen as a significant development for Bitcoin investors in Poland, with potential changes in tax laws and regulations expected under his presidency.
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Pymnts
4d
231
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Crypto Rulemaking Has FinTech Rushing in, TradFi Waiting to See
- Crypto rulemaking in the United States remains uncertain, with hopes pinned on legislative packages like the GENIUS Act and the CLARITY Act for regulatory frameworks.
- Federal agencies like the SEC and OCC are adjusting their postures, which could impact custody, payments, and compliance operations in the traditional financial sector.
- Stablecoin issuance and regulatory clarity are gaining traction, with companies like Circle and Stripe showing interest in stablecoin payments.
- The US crypto landscape is evolving, creating challenges and opportunities for traditional payment providers amidst regulatory uncertainties.
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Newsbtc
4d
239
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Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling
- Bitcoin has retraced from its record high of over $111,000 to $104,115, a 5.2% drop in the past 7 days.
- Binance's Taker Buy/Sell ratio fell below 1.0, indicating a preference for selling over buying among Binance traders.
- Historical data shows that divergences in Binance's market behavior from other exchanges have led to notable Bitcoin price corrections in the past.
- The current market dynamics suggest the possibility of heightened volatility due to Binance's bearish stance and its impact on market sentiment.
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Livebitcoinnews
4d
251
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Russia Eyes Crypto for Grain Export Settlements
- Russia is considering using cryptocurrency for grain exports to streamline trade and payments.
- The Agricultural Bank of Russia is exploring blockchain technology as a faster alternative to traditional banking systems for agricultural transactions.
- The adoption of blockchain in agriculture signals a digital shift in global trade policies, potentially facilitating faster and more efficient payments for Russian farmers.
- This move could allow Russia to increase the use of cryptocurrency in major agricultural sales, potentially attracting partnerships from other countries looking to streamline payments in the agricultural sector.
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Bitcoinsensus
4d
146
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96% Of Polymarket Traders Expect Fed To Hold Rates Steady In June
- Investors are uncertain about the Fed's decision on interest rates due to economic instability and elevated U.S. Treasury yields.
- 96% of Polymarket traders believe the Fed will maintain rates in June, indicating widespread skepticism towards a rate cut this month.
- The Federal Reserve, led by Jerome Powell, has not decreased interest rates under the current administration despite previous rate cuts in 2024.
- The upcoming June 18 FOMC meeting is anticipated to provide clarity on policy shifts, with market reactions dependent on Powell's stance towards interest rates.
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Bitcoinmagazine
4d
186
Michael Saylor’s Strategy Announces Initial Public Offering of 2,500,000 STRD Shares
- Strategy (Nasdaq: MSTR; STRK; STRF) has announced an initial public offering of 2,500,000 STRD shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock.
- The net proceeds from the offering will be used for general corporate purposes, including the acquisition of bitcoin and working capital.
- The STRD Stock offers non-cumulative cash dividends at an annual rate of 10 percent and Strategy has the option to redeem outstanding shares under certain conditions.
- Strategy (MSTR) also acquired 705 Bitcoin for $75 million, expanding its position as the largest corporate holder of Bitcoin with total holdings now at 580,955 BTC.
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Livebitcoinnews
4d
97
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7-Day BTC Earnings: Investor Nets $62,914 with Earn Mining’s Stable Strategy
- Earn Mining has launched an AI cloud mining system, offering a solution for obtaining digital assets efficiently and safely.
- The platform provides a $15 free trial cloud mining reward for new users, making it easier for them to enter the crypto world.
- Users can choose from various contract solutions for mining plans based on their investment goals and budget.
- Earn Mining focuses on complying with global regulatory trends and future technology developments to enhance platform competitiveness.
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Coindoo
4d
239
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Strategy Announces IPO of STRD Stock, Plans to Use Proceeds for Bitcoin Acquisition
- Strategy announces IPO of STRD stock to be registered under the Securities Act of 1933.
- Proceeds will be used for general corporate purposes, including the acquisition of Bitcoin and working capital.
- STRD stock offers a non-cumulative dividend yield of 10.00% per annum, with quarterly payments starting from September 30, 2025.
- Dividends will be paid out of legally available funds if declared by the board of directors or authorized committee, with no back payments for missed dividends.
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Bitcoinist
4d
12
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Bitcoin Exchange Reserves Shrink By 668K BTC – Bullish Signal?
- Bitcoin is currently at a crossroads with bulls hoping for a breakout above the all-time high and bears warning of a possible correction.
- On-chain data shows that centralized exchange reserves have decreased by 668,000 BTC since November 2024, signaling long-term bullish sentiment and reduced selling pressure.
- BTC is trading above key support levels but struggling to break above $112,000, with uncertainty prevailing in the market amid rising global economic tensions.
- Technical analysis indicates that BTC faces resistance at the $106K range, and a failure to surpass it could lead to further consolidation or retracement towards $100K levels.
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Bitcoinsensus
4d
93
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BitoPro $11.5M Incident – ZachXBT Exposes New Security Failures
- Approximately $11.5 million was drained from BitoPro's hot wallets on May 8, involving assets from various networks like Tron, Ethereum, Solana, and Polygon.
- ZachXBT exposed suspicious transactions and accused BitoPro of concealing the security breach, pointing out the lack of public communication from the exchange regarding the incident.
- The flow of funds was visualized by ZachXBT, showing assets passing through crypto mixers like Tornado Cash, Thorchain, and Wasabi to obfuscate the trail.
- The incident raises questions about BitoPro's transparency and handling of security breaches, with potential reputational damage looming due to the lack of disclosure and response.
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Livebitcoinnews
4d
101
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Portugal’s Unicâmbio Partners with Ripple for Faster Global Payments
- Unicâmbio, a foreign exchange agency in Portugal, partners with Ripple for faster and cheaper global payment solutions.
- Ripple's blockchain technology ensures transparent and near-instant cross-border transactions benefiting businesses in Europe and Latin America.
- The partnership allows Unicâmbio to offer better services and boost payment services globally, providing faster and more efficient financial solutions.
- Ripple's expanding partnerships globally, like the one with Unicâmbio, are transforming global payments, making transactions easier, cost-effective, and quicker.
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Bitcoinist
4d
268
Image Credit: Bitcoinist
Looking To Buy The Dogecoin Dip Below $0.2? Analyst Says Wait For This To Happen First
- Dogecoin has dipped below $0.2 amid a broader crypto market correction, presenting a buying opportunity for investors.
- Crypto analyst DecyX suggests waiting for Dogecoin to secure liquidity below $0.187 before accumulating, targeting an imbalance zone between $0.213 and $0.215 for potential growth.
- Analyst Kevin Capital advises Dogecoin holders to monitor the coin's stability between $0.1901 and $0.1839 to avoid a potential drop to $0.17, emphasizing the correlation between Dogecoin and Bitcoin prices.
- Trader Tardigrade predicts a potential double bottom formation for Dogecoin at the $0.18 level, with indications of a bullish reversal that could see the meme coin surpassing the $0.2 mark.
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TheNewsCrypto
4d
252
Strategy Buys 705 Bitcoin for $75M, Boosting Holdings to 580,955 BTC
- Strategy purchased 705 BTC for $75.1M between May 26 and June 1 at an average price of $106,495 per coin.
- Strategy now holds 580,955 BTC with a total acquisition cost of about $40.7 billion and an average cost per coin of $70,023.
- To finance the purchase, Strategy used proceeds from at-the-market equity offerings, raising $74.6 million through two preferred stock classes.
- Institutional confidence in Bitcoin grows as Strategy's Bitcoin holdings exceed $60 billion in value, making it the largest institutional holder of Bitcoin in the world.
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Livebitcoinnews
4d
117
Image Credit: Livebitcoinnews
BitoPro Hack Suspected, $11.5M Drained Across Chains
- BitoPro, a crypto exchange in Taiwan, was likely hacked with $11.5 million stolen across various blockchain networks on May 8, 2025.
- Stolen crypto was laundered through Tornado Cash, Thorchain, and Wasabi Wallet to conceal the source of funds.
- BitoPro confirmed a hot wallet breach during a system upgrade and hired cybersecurity experts to investigate the incident.
- BitoPro plans to launch a new hot wallet for transparency to rebuild user trust and improve cybersecurity measures.
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