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Coindoo
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Image Credit: Coindoo
Shiba Inu Price Surge, PI Network Eyes Breakout, Web3 ai Hits $8.4M; Which Is the Best Crypto to Buy Now?
- Shiba Inu experiences a price surge driven by a significant increase in its burn rate, leading to a 4% increase in value.
- PI Network sees potential trend reversal with the price attempting to surpass resistance levels.
- Web3 ai raises over $8.4 million, offering features like Crypto Scam Detector for risk mitigation in the crypto market.
- Shiba Inu's futures market shows heightened interest with open interest exceeding $141 million.
- PI Network struggles with mixed signals in its price forecast, with RSI indicating limited buying pressure.
- Web3 ai introduces tools for smarter trading decisions, portfolio optimization, and DeFi yield advising, powered by the WAI token.
- Web3 ai's presale price projection and potential return of 1,084% make it an attractive option.
- Shiba Inu's price surge faces uncertainty due to decreased whale activity, potentially affecting short-term momentum.
- PI Network's price forecast hints at a move higher upon closing above $0.61, with $0.66 as a short-term obstacle.
- Web3 ai emerges as a comprehensive choice with various tools and growth potential, making it a strong contender in the current market.
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Financemagnates
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Image Credit: Financemagnates
Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines
- Singapore has set a deadline for crypto companies based within its jurisdiction to stop serving overseas clients without a license by the end of June.
- The Monetary Authority of Singapore (MAS) has emphasized that no grace period, transition plan, or extension will be provided, requiring firms to comply or cease operations.
- Effective June 30, any entity incorporated in Singapore offering digital token services to clients outside the country must hold a Digital Token Service Provider (DTSP) license under the Financial Services and Markets Act 2022.
- MAS's directive covers all companies, partnerships, or sole proprietors regardless of size or international exposure, closing a loophole to evade local oversight while targeting global markets.
- Enforcement will focus on where the company is incorporated, not where its clients reside, with criminal penalties including fines up to USD 200,000 and/or imprisonment for up to three years for unlicensed firms continuing overseas operations post June 30.
- MAS plans strict enforcement and rejects calls for more lenient implementation, with new licence approvals expected to be rare due to Anti-Money Laundering (AML) concerns.
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Coindoo
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Image Credit: Coindoo
Coinbase Stock Soars: Analysts See “Transformational” Growth Ahead
- Analysts are optimistic about the growth potential of Coinbase stock, believing that the recent rally is just the beginning.
- Benchmark analyst Mark Palmer raised his price target for Coinbase from $301 to $421, emphasizing recent "transformational" events.
- Palmer highlighted regulatory wins and new product launches seen as key drivers for expanding Coinbase's revenue.
- Cantor Fitzgerald also expressed positivity, reiterating their "overweight" rating and lifting the price target to $292.
- The GENIUS Act's bipartisan approval is seen as a crucial development for Coinbase, providing a legal structure for stablecoins.
- Coinbase's association with Circle, issuer of USDC stablecoin, positions the exchange for significant gains if the bill becomes law.
- The legislative progress, combined with operational improvements, sets the stage for Coinbase's success in the digital asset realm.
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Dev
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Image Credit: Dev
TLSNotary ― Flow Overview
- This article provides an overview of the TLSNotary protocol and its key concepts.
- The Transcript refers to the plaintext of all application data exchanged between the Prover and the Server.
- Attestation is a signed document by a Notary that verifies the TLS connection, comprising a Header and a Body.
- Extensions can be added to an Attestation to implement application-specific functionality.
- A Presentation includes proof of an Attestation and selectively disclosed information about the TLS connection.
- The MPC-TLS protocol produces commitments to the entire Transcript of application data.
- Prover can selectively disclose sections of commitments and choose different commitment schemes.
- Prover makes an attestation request with configuration options and may request Extensions.
- The Prover receives an Attestation and corresponding Secrets from the Notary.
- Notary issues the Attestation upon receiving a request from the Prover.
- Prover constructs a verifiable Presentation using the Attestation and Secrets.
- Verifier checks the verifying key and verifies the Presentation.
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Coindoo
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Image Credit: Coindoo
Bitcoin Miners Face Financial Squeeze, But Selling Pressure Remains Low
- Bitcoin miners are facing financial challenges, being 'extremely underpaid' in the current market conditions.
- Despite financial strain, Miner Selling Power remains low, indicating limited immediate Bitcoin liquidation by miners.
- Analysis by CryptoQuant suggests a constrained risk of a significant sell-off from miners, unless their reserves are rebuilt or external funding decreases.
- Key metrics used include Miner Profit/Loss Sustainability and log-scaled Miner Selling Power.
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Coindoo
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Image Credit: Coindoo
Developer Activity Report: Cardano and Ethereum Lead GitHub Contributions in June 2025
- A recent report shows Cardano (ADA) and Ethereum (ETH) leading GitHub contributions in June 2025.
- Cardano took the lead in core developer activity with 53 developers contributing to 550 core repositories and making 355 core commits.
- Despite slight increase in monthly core commits, Cardano saw a decrease in the number of core developers and ecosystem activity.
- Ethereum, with an expansive ecosystem, had 1,567 projects supported by 1,572 developers and 24,144 commits.
- Ethereum faced a decline in the number of developers and commits within its ecosystem.
- Other altcoin projects with notable developer activity include Internet Computer (ICP), Flow (FLOW), and Hedera (HBAR), among others.
- The cryptocurrency space continues to see significant development efforts, with Cardano and Ethereum attracting substantial developer attention.
- The report was highlighted on Coindoo's website.
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Bitcoinmagazine
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Sequans Launches $384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership
- Sequans Communications launches a $384 million Bitcoin treasury initiative backed by a private placement, partnering with Swan Bitcoin.
- The funding includes $195 million in equity securities and $189 million in convertible secured notes to build a Bitcoin position alongside IoT operations.
- Sequans views Bitcoin as a premier asset for long-term investment, aiming to enhance financial resilience and shareholder value.
- Swan Bitcoin will assist in guiding Sequans' treasury strategy regarding Bitcoin acquisition and storage.
- Despite the Bitcoin initiative, Sequans remains dedicated to supporting customers with 4G and 5G solutions for IoT applications.
- Over 1.39 billion ordinary shares and warrants will be issued in the equity offering, with additional warrants tied to the debt placement.
- The offering is expected to close by July 1, subject to shareholder approval at a June 30 meeting.
- Placement agents for the initiative include Northland Capital Markets, B. Riley Securities, and Yorkville Securities.
- Legal counsel for Sequans involves firms like Lowenstein Sandler LLP and ARCHERS from the U.S. and France.
- The move aligns Sequans with the trend of public companies using Bitcoin as a treasury asset, similar to Strategy and Semler Scientific.
- Sequans' market cap is approximately $40 million, with its shares decreasing 12% to $1.62 following the announcement.
- The initiative is seen as part of Sequans' commitment to innovation and evolving solutions in the technology sector.
- Swan Bitcoin's involvement signifies a focus on Bitcoin custody, institutional liquidity, and investment strategy.
- Sequans aims to capitalize on Bitcoin's unique characteristics to add financial value and resilience to its operations.
- The partnership with Swan Bitcoin aims to provide operational and security expertise in managing Bitcoin assets.
- The article was published on Bitcoin Magazine by Jenna Montgomery.
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Coinjournal
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Image Credit: Coinjournal
Bitcoin breaks to $103k as Iran attacks US base in Qatar
- Bitcoin price surged over 3% to reach $103,000 despite Iran's missile attacks on US bases in the Middle East.
- Reports suggest US President Trump plans no further military action against Iran, boosting Bitcoin's status as a safe-haven asset.
- The rally was amplified by investor confidence after US prevented Iranian attacks in Qatar, causing Bitcoin to spike from below $100k to above $103k.
- Cryptocurrencies and stocks reacted positively as Iran warned Qatar before the missile strikes on US bases, leading to airspace closures in several Middle Eastern countries.
- Bitcoin's future price movement remains uncertain amidst rising geopolitical tensions, with potential resistance at $104k and support at $100k and $98k.
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Financemagnates
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Image Credit: Financemagnates
Stablecoins Take Off in 2025 as PayPal, Stripe, and Washington Back the Push
- Stablecoins are gaining momentum in 2025 with Stripe acquiring Bridge and PayPal integrating PYUSD for merchant payments, signaling a pivotal year.
- Stablecoin transactions exceeded $33 trillion last year, surpassing Visa and Mastercard networks, leading analysts and institutions to view stablecoins as essential to the financial system.
- Standard Chartered predicts the stablecoin market could grow to $2 trillion by 2028 from the current $230 billion.
- Stablecoins are proving valuable for global transactions, offering fast, low-cost cross-border payments, with the potential to transform financial inclusion for unbanked populations.
- Tether's USDT and Circle's USDC currently dominate the market with an 89% share, but new entrants like EURC and XCHF tied to the euro and Swiss franc are diversifying the market.
- Regulatory momentum in the U.S. suggests the possibility of stablecoin legislation under the next administration, with institutions and governments likely to join the stablecoin ecosystem.
- Major banks are considering issuing their own stablecoins, with Bank of America showing interest pending legal clarity, while bipartisan discussions in Washington hint at forthcoming legislation.
- Stablecoin issuers have become significant buyers of U.S. Treasury notes, holding over $120 billion in 2024, reinforcing global demand for the U.S. dollar and strengthening the U.S. debt markets and dollar dominance.
- User adoption of stablecoins is rising, with active stablecoin wallets increasing by 53% this year, and monthly transfer volumes doubling year-over-year in February to reach $4.1 trillion.
- Stablecoins are bridging traditional finance and the decentralized economy, offering stability in contrast to volatile cryptocurrencies and becoming a crucial layer in global finance.
- The article emphasizes that 2025 is a pivotal year for stablecoins to become a central player in digital money, with growing user engagement, regulatory developments, and major players entering the market.
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Cryptonewsz
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Bitcoin Nears $100K as Leverage Ratio Echoes 2021 China Ban
- Bitcoin's price reached $104,447 with minimal gains amidst geopolitical tensions in the Middle East.
- BTC is facing a risk of prolonged correction below $100,000, linked to the military action between Israel and Iran.
- The Estimated Leverage Ratio (ELR) dropped significantly, resembling levels seen during the 2021 China ban, indicating a bearish sentiment.
- Traders are voluntarily closing their leverage positions, leading to a fall in BTC's open interest.
- The ELR crash suggests heightened short-term volatility, but historically, it has presented long-term entry opportunities.
- The ongoing Iran-Israel conflict may drive further Bitcoin price decline.
- Bitcoin price struggles around the $100,000 support, forming a double top pattern that could lead to a continued correction.
- A breach of the 20-day EMA could revive bullish momentum and challenge the $112,000 resistance for BTC.
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Coindoo
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Image Credit: Coindoo
Fiserv Launches FIUSD Stablecoin and Digital Asset Platform
- Fiserv has launched FIUSD stablecoin and digital asset platform to provide more efficient services to its network of financial institutions and merchants.
- Key features of FIUSD include integration into Fiserv's technology for scalability, technology partners Paxos and Circle, and a bank-friendly design with compliance features.
- Fiserv is exploring deposit tokens for banks and seeking partnerships to expand stablecoin and tokenized deposit use cases.
- Partnerships with PayPal aim to create interoperability between FIUSD and PayPal USD for seamless transactions domestically and internationally.
- The launch of FIUSD is strategic, aiming to modernize money movement, offer 24/7 settlement, streamline processes, and increase efficiency.
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Zycrypto
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Image Credit: Zycrypto
Metaplanet’s Latest Bitcoin Buy Brings Treasury To 11,111 BTC, Could Soon Overtake Tesla’s Stack
- Metaplanet, based in Japan, recently purchased 1,111 BTC worth $118 million amidst a crypto market dip due to geopolitical concerns.
- The acquisition brought Metaplanet's total BTC holdings to 11,111, valued at $1.07 billion, making it the world's eighth-largest corporate holder of Bitcoin.
- Metaplanet aims to accumulate 100,000 BTC by 2026, having revised its target recently and currently being 11% away from that goal.
- The company is also 36% towards its shorter-term objective of gathering 30,000 BTC by the end of this year.
- Modeling its strategy after Michael Saylor, Metaplanet serves as a publicly traded entity for Bitcoin exposure in Asia.
- Its current BTC holdings are now close to surpassing Tesla's stack of 11,509 BTC, with just 398 BTC needed to overtake Tesla.
- Metaplanet envisions accumulating 210,000 BTC by 2027, equivalent to around 1% of Bitcoin's fixed supply.
- To reach its 100,000 BTC target, Metaplanet needs to acquire approximately 89,000 more coins in the next 18 months.
- Despite its Bitcoin accumulation strategy, Metaplanet is among the most shorted stocks in Japan, with analysts suggesting a high valuation based on BTC price.
- CEO Simon Gerovich responded to claims of being the most shorted stock, questioning the viability of betting against Bitcoin.
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Bitcoinmagazine
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The Blockchain Group Acquires 75 BTC After €7.2M Raise
- The Blockchain Group, listed on Euronext Growth Paris, acquired 75 BTC for €6.9 million, bringing its total BTC holdings to 1,728 BTC valued at around €155.8 million.
- The acquisition was funded through a €7.2 million capital increase with funds managed by TOBAM through an equity program.
- Shares were priced at an average of €4.49 each, and a total of 1,603,306 new ordinary shares were issued.
- All OCA A-01 Tranche 1 bonds held by TOBAM were converted into 1,838,235 new ALTBG shares at a premium.
- The Company reports a BTC Yield of 1,231.7% year-to-date, with gains of 492.7 BTC and €45.2 million YTD.
- For the current quarter alone, BTC Yield is at 64.5%, with 399.6 BTC gained.
- In another recent acquisition, the company added 182 BTC for approximately €17 million, funded through convertible bond issuances.
- The total BTC holdings reached 1,653 BTC at that time.
- Transactions were carried out via Swissquote Bank Europe and Banque Delubac, with custody by Taurus.
- Additional funding came from the conversion of 2.98 million share warrants, raising €1.6 million.
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Coindoo
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Image Credit: Coindoo
Kazakhstan Embraces Solana: Central Asia’s First Blockchain Zone
- Kazakhstan partners with Solana to establish a 'Solana Economic Zone' as Central Asia's first blockchain zone.
- The initiative aims to position Kazakhstan as a blockchain hub and promote Web3 technologies.
- The collaboration seeks to attract global talent and boost the country's economy.
- The project includes a technology accelerator resembling Dubai's Crypto Centre.
- Kazakhstan's Digital Development Minister views it as a crucial step towards building resilient digital infrastructure.
- The economic zone will test next-gen solutions like asset tokenization and train Web3 talent.
- The Solana Economic Zone focuses on developing tokenized capital markets, creating a Web3 developer community, and providing infrastructure and incentives.
- A pilot project will integrate tokenized products with the Astana International Exchange (AIX).
- Training programs will be launched with local universities, emphasizing the Rust programming language.
- The partnership aligns with Solana's vision and aims to strengthen global state relations.
- Kazakhstan intends to enhance its role in the digital economy through this blockchain initiative.
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Bitcoinmagazine
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Fintech Company DigiAsia Corp to Launch Bitcoin Treasury Strategy
- DigiAsia Corp, a leading Southeast Asian Fintech-as-a-Service platform, secures up to $3 million in non-recourse debt financing from High West Capital Partners to launch its Bitcoin treasury acquisition strategy.
- This funding represents the initial phase of DigiAsia's ambitious $100 million Bitcoin treasury program with a non-recourse debt structure to acquire Bitcoin without diluting existing shareholders' equity positions.
- DigiAsia plans to complement the debt financing with a separate $100 million equity raise solely dedicated to purchasing Bitcoin through institutional investors.
- The company aims to start buying Bitcoin in the third quarter of 2025 and will provide updates on treasury operations and custody architecture.
- The move aligns with the trend of corporate Bitcoin adoption globally as companies view the digital asset as a hedge against inflation and currency devaluation.
- DigiAsia, listed on NASDAQ, aims to offer regulated public market access to Bitcoin treasury exposure for institutional investors.
- The company's B2B2X API platform supports crypto-compatible infrastructure, enabling seamless integration of Bitcoin holdings into their financial technology system.
- The Bitcoin treasury strategy complements DigiAsia's existing fintech operations, merging AI-enhanced financial services in the traditional and digital economies.
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