Crypto News

What's Driving HYPE Token's Surge to New All-Time Highs? Decentralized exchange Hyperliquid's native token, HYPE, has soared to an all-time high of above $40 this morning. Market analysts attribute this surge to a combination of increased trading volume and positive market sentiment surrounding decentralized finance (DeFi) platforms. The recent performance of HYPE has caught the attention of investors looking for opportunities in the cryptocurrency market. Factors such as technological advancements, strategic partnerships, and a growing user base contribute to the token's impressive performance. Can HYPE reach $100? While some investors are optimistic, predicting further growth, others advise caution. Volatility is a known...

A new class of public companies has emerged that treats crypto accumulation not as a hedging tool or passive reserve, but as the centerpiece of their capital and value-creation strategy. These Core Strategy companies — including Strategy (MSTR), DeFi Development Corp. (DFDV), Upexi (UPXI), among others — deliberately structure their treasury to give public market investors direct, liquid exposure to cryptocurrencies. In contrast to incidental allocators like Tesla or Coinbase, who hold crypto for operational flexibility or ideological alignment, Core Strategy firms are valued primarily on their token holdings and NAV exposure, not their underlying operating businesses. This article has been published in yahoo.com via Yahoo News...

PayMate and DigiAsia Enter Strategic Partnership B2B payment entity PayMate and Fintech-as-a-Service platform DigiAsia have forged a partnership, aimed at expanding fintech offerings across several regions. The collaboration focuses on embedded finance, digital settlements, and AI infrastructure, targeting India, Southeast Asia, and the Middle East. It will lead to the creation of a fintech ecosystem that caters to B2B payments, cross-border finance, stablecoin infrastructure, and GPU-powered AI services. DigiAsia will implement PayMate's enterprise card platform across Southeast Asia, while PayMate plans to use DigiAsia's existing foreign exchange licences and payment infrastructure to facilitate B2B transactions across the...

THE MINING POD: “Surviving” Renewable Bitcoin Mining With Soluna's Dipuo Patel Dipuo Patel, CTO of Soluna Holdings, joins The Mining Pod! We dig into behind the meter Bitcoin mining, where miners work with local grid builds for cheaper, more stable energy. This article has been published in crunchbase.com via Yahoo News. https://finance.yahoo.com/video/mining-pod-surviving-renewable-bitcoin-124313017.html

What Next as Ether Zooms 7%, DOGE Leads Majors Gains Amid Bitcoin Euphoria Ether posted a sharp 7% gain in the past 24 hours as bitcoin’s steady climb past $109,000 boosted an otherwise flat crypto market. Dogecoin added over 5% to trade near 19 cents as of Asian afternoon hours Tuesday, while Cardano’s ADA rose more than 5% as risk appetite returned after last week’s volatility. Overall market capitalization rose more than 3%, with the broad-based CoinDesk 20 (CD20) adding 4%. The rebound came as traders continued to digest the latest US-China trade developments and braced for key inflation data this week that could set the tone for interest rate expectations. “Bitcoin surged to around $110K as US-China trade talks resumed while the...

What's Driving the Bitcoin and Ether Rally? Bitcoin is up this morning following a surge of bitcoin treasury holdings among publicly listed companies and BlackRock's iShares Bitcoin Trust hitting a historic $70 billion in AUM. Plus, ether also warms back up as traders brace for key inflation data and continue to digest U.S.-China trade developments. This article has been published in coindesk.com via Yahoo News. https://finance.yahoo.com/video/whats-driving-bitcoin-ether-rally-113501780.html

Trump’s Pick to Run CFTC Touts His Career in Crypto to Lawmakers Brian Quintenz, President Donald Trump’s pick to lead the US Commodity Futures Trading Commission, plans to tell lawmakers he is uniquely qualified to head the derivatives regulator as Congress considers giving it more authority over digital assets. The crypto lobbyist and former CFTC commissioner will say he is well versed in not just the policy issues that affect farmers and ranchers using futures to hedge price risks but also emerging technologies like blockchain and cryptocurrency. “Congress should create an appropriate market regulatory regime to ensure that this technology’s full promise can be realized, and I am fully prepared to use my experience and expertise...

RUM Q1 Earnings Call: User Retention, Creator Monetization, and Wallet Launch in Focus Video sharing platform Rumble (NASDAQGM:RUM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 33.7% year on year to $23.71 million. Its GAAP loss of $0.01 per share was 90% above analysts’ consensus estimates. Rumble (RUM) Q1 CY2025 Highlights Rumble’s first quarter results highlighted significant improvement in user retention and audience monetization, according to CEO Chris Pavlovski. He pointed to an 87% retention rate for monthly active users (MAUs) compared to the prior post-election cycle, attributing this to recent investments in Rumble’s video platform and product enhancements. Pavlovski noted, “Our user...

Strategy Shifts Capital Raise to Preferred Stocks as Common Share Issuance Loses Allure Over the past two weeks, Strategy (MSTR) has refrained from utilizing the at-the-market (ATM) equity program on its common shares to fund bitcoin BTC purchases, choosing instead to use the programs on its two perpetual preferred stocks. The choice most likely reflects the narrowing premium between the company's share price and its multiple net asset value (mNAV) or, more colloquially, the difference between its market cap and the value of its bitcoin holdings, and allows Strategy to raise funds to buy more BTC without diluting shareholders' stakes in the company. When the share price trades close to the underlying bitcoin asset value, issuing...

SocGen’s Crypto Arm Unveils Dollar Stablecoin on Ethereum and Solana SG Forge, the cryptocurrency division of French bank Société Générale, plans to introduce a dollar-backed stablecoin on the Ethereum and Solana blockchains, the bank said on Tuesday. The USD CoinVertible (USDCV) will start trading in early July and involves Bank of New York Mellon acting as reserve custodian for the token. As crypto rules coalesce around the globe, pressure is mounting on banks to take part in the integration of fiat-pegged stablecoins into mainstream finance (TradFi). SocGen, something of a stablecoin pioneer with its euro-backed EURCV token, says it is the first global banking group to issue a public stablecoin tied to the U.S. dollar. The...

Warren Buffett Is Throwing Money at This Company Before He Retires — Should You Do the Same? Warren Buffett‘s decades-long reign as the country’s premier investing guru is sunsetting, but Berkshire Hathaway’s SEC filings show that the Oracle of Omaha has made some surprising portfolio moves as his impending 2025 retirement draws near. With opportunities to follow the lead of history’s most successful value investor dwindling, should you take advantage of what might be your last chance to parrot Warren Buffett’s trades? Buffett Dumps Several Key Holdings Berkshire Hathaway’s most recent 13F filing revealed that Buffett completely exited his position in two stocks and thinned another by nearly half: While dramatic, the Formula One...

None Key Points Imagine you're a modern-day version of Rip Van Winkle, but instead of sleeping for 20 years, you fell asleep in early January 2025 and woke up in early June. The S&P 500 (SNPINDEX: ^GSPC) would be a little higher than when you dozed off. You probably would think you didn't miss much, at least where the stock market is concerned. The reality, of course, is that a lot happened with stocks during the first five months of the year. The S&P 500 plunged roughly 19% below its high before rebounding strongly. The widely followed index is now near its all-time high. What does history say might be next for the stock market? Looking back The S&P 500 was introduced in its current form with 500 companies in March 1957. By my...

Image source: Getty Images. Key Points A frenzy swept the financial markets during 2020 and 2021, as global governments poured trillions of dollars' worth of stimulus into their economies to counteract the effects of the COVID-19 pandemic. Interest rates also plummeted to historic lows, which forced investors to take more risks in the hunt for a return on their money, and it led to wild swings in everything from stocks to cryptocurrencies. Shiba Inu (CRYPTO: SHIB) made a name for itself in 2021 because it ended the year with an eye-popping gain of 45,278,000%, which would have been enough to turn a perfectly timed investment of $3 into $1 million. It was one of the best annual returns in the history of the financial markets, and...

Societe Generale to launch dollar-pegged stablecoin PARIS (Reuters) - French bank Societe Generale will launch a dollar-backed stablecoin via its crypto subsidiary SG-FORGE, becoming the first major European lender to launch a dollar-pegged cryptocurrency in the booming market for stablecoins. The cryptocurrency, called "USD CoinVertible", will exist on the Ethereum and Solana blockchains and is expected to be publicly tradable from July, SG-FORGE said in a statement on Tuesday. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/societe-generale-launch-dollar-pegged-073246184.html

South Korea’s Ruling Party Unveils Plan to Allow Stablecoins South Korea’s new President, Lee Jae-myung, is moving quickly to deliver on his campaign pledge to allow local companies to issue stablecoins, giving a further boost to one of the world’s most active digital-asset markets. Lee, a progressive leader who defeated his conservative rival in last week’s presidential election, has been a vocal proponent of stablecoin adoption. On Tuesday, Lee’s ruling Democratic Party proposed the Digital Asset Basic Act, aimed at improving transparency and encouraging competition in the crypto sector. Under the act, South Korean companies can issue stablecoins if they have at least 500 million won ($367,876) in equity capital while ensuring that...

(CoinDesk) Asia Morning Briefing: BTC Slips Below $110K as 'Signs of Fatigue' Emerging Good Morning, Asia. Here's what's making news in the markets: Bitcoin is trading below $110,000, changing hands at $109.7K, as Asia continues its trading week. The move challenges a prevailing market narrative of summer stagnation, coming on the heels of a note from QCP Capital that emphasized suppressed volatility and a lack of immediate catalysts. A recent Telegram note from QCP pointed to one-year lows in implied volatility and a pattern of subdued price action, noting that BTC had been “stuck in a tight range” as summer approaches. A clean break below $100K or above $110K, they wrote, would be needed to “reawaken broader market interest.”...

HIVE Digital Technologies Ltd. has announced key developments in Bitcoin mining, reporting a total peak of 10.4 exahashes per second (EH/s), achieved in May 2025. This represents a 58% increase from the peak of 6.6 EH/s in April. This month-to-month increase in HIVE's peak hashrate was driven by the activation of its new 100 MW facility powered by hydro power in Paraguay, reinforcing HIVE's incentive to invest in sustainable, high-efficiency energy mining. In May, HIVE mined 139 BTC, or approximately 4.5 BTC per day while maintaining the fleet's overall mining efficiency of roughly 20 joules/terahash (J/TH), leading Executive Chairman Frank Holmes to say they are set to reach 11.5 EH/s by the end of June, and get 25 EH/s by Q4 2025...

Bitcoin Climbs Above $110K, 'At Crossroads' for Next Major Move Bitcoin's BTC quiet climb on Monday accelerated to its strongest price in June, rebounding from last week's decline to near all-time high levels. The largest crypto advanced by 3.7% over the past 24 hours, topping $110,000, and it's changing hands by only 2% from its record prices observed in May. Ethereum's ether ETH kept pace with a 3.8% gain during the same period, bouncing above $2,620. Native tokens of Hyperliquid HYPE and SUI SUI outperformed most large-cap cryptocurrencies, rising 7% and 4.5%, respectively. Bitcoin's move higher caught leveraged traders off-guard, liquidating over $110 million worth of short positions within an hour, CoinGlass data shows. Across...

Polymarket’s journey When Polymarket first launched in 2020, it was dismissed by some as just another crypto-native betting site. But in hindsight, it was quietly laying the foundation for one of the most useful real-world use cases for blockchain, which is turning speculation into data. Now, the platform has cemented its place on the global stage. On June 6, Elon Musk’s X (formerly Twitter) named Polymarket its official prediction market partner. And with this partnership, Web3 finally has its first native app to be fully embraced by a mainstream platform. This is no small moment, and perhaps no project is better positioned to benefit than Polygon, the blockchain Polymarket calls home. Polymarket’s rise didn’t happen overnight...

Robinhood Traders Playing S&P Index-Guessing Game Get Schooled In the end, Robinhood Markets Inc. found itself caught in the same kind of trade its users favor: One driven more by speculation than certainty. Last week, traders were speculating Robinhood would be added to the S&P 500 as part of the index’s quarterly rebalancing. Shares of the online brokerage climbed every day in anticipation, setting four consecutive all-time highs and gaining 13% across five sessions. But, instead of cementing Robinhood’s place as a contender with Wall Street’s traditional finance firms, late-afternoon Friday proved to be a disappointment to a cohort of traders watching for the announcement at the usual 5:15 p.m. time in New York. S&P Dow Jones...