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GENIUS Act: A Potential Game-Changer for Stablecoins and the US Financial System
June 17, 2025
As the GENIUS Act edges closer to becoming a crucial component of the United States legislative framework, it has become the center of significant debate. This bill, aiming to regulate …
Read moreEthereum Staking Reaches New Heights Bolstering Network Security
June 17, 2025
The Ethereum staking ecosystem has achieved a remarkable milestone, with over 35 million ETH locked across various platforms. This considerable amount accounts for nearly one-third of the total Ether supply, …
Read moreA16z Invests $70 Million in EigenLayer to Support EigenCloud Launch
June 17, 2025
With an aim to revolutionize the verifiability of blockchain-native and traditional applications, EigenLayer has unveiled its latest platform, EigenCloud. Announced on June 17, EigenCloud is designed to provide a verifiable …
Read moreThailand Introduces Five-Year Crypto Tax Exemption to Boost Economy
June 17, 2025
In a concerted effort to position itself as a leading crypto-friendly nation, Thailand has announced a landmark tax exemption targeting digital asset investors. This bold reform was ratified by the …
Read moreArk Invest Sells $51M in Circle Shares Amidst Concerns
June 17, 2025
Ark Invest, under the leadership of renowned investor Cathie Wood, has recently executed a substantial divestment in Circle Internet Group shares worth over $51 million. This sale comes amidst a …
Read moreBitcoin Sees Continued Inflows Amid Middle East Conflict
June 17, 2025
The ongoing geopolitical tensions between Iran and Israel have not deterred investors from flocking to Bitcoin. Recent data shows a strong inflow into Bitcoin-focused exchange-traded funds (ETFs), with $412 million …
Read moreBitcoin Drops as Trump Denies Ceasefire Role in Middle East Tensions
June 17, 2025
Bitcoin experienced a significant downturn, retreating to $106,000, following U.S. President Donald Trump's denial of involvement in brokering a ceasefire between Iran and Israel. The denial came via Trump's late-night …
Read moreBitcoin Mining Landscape: Increased Costs and Hashrate Milestones
June 17, 2025
The Bitcoin network has experienced a surge in its total hashrate, hitting record highs of 943 EH/s, even as mining difficulty saw a marginal decline of 0.45%. This adjustment, although …
Read moreSweep of Memecoin Accounts on X Leads to Questions
June 17, 2025
A sudden and unexplained suspension of several memecoin-related accounts from X has sparked speculation across the cryptocurrency community. Notably affected was the official account of the Solana-based memecoin launchpad Pump.fun, …
Read moreWhat is a Strategic Bitcoin Reserve?
June 17, 2025
The concept of a Strategic Bitcoin Reserve (SBR) is emerging as a significant financial innovation, particularly for nations seeking to integrate Bitcoin into their national economic strategies. An SBR is …
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