Saylor Hints at More Bitcoin Buying With ‘More Dots’ Post

Michael Saylor, executive chairman of Strategy, hinted at another Bitcoin purchase. Saylor shared a chart of Strategy’s Bitcoin holdings on X on June 21 and wrote, “Looks better with more dots.” The market interpreted the post as a signal that the co

Fidelity Launches Stablecoin Reserve Fund as Wall Street Competition Heats Up

Fidelity Investments is entering the stablecoin reserve management market, stepping up competition among Wall Street financial firms. CoinDesk reported on June 18 that Fidelity will launch the Fidelity Reserves Digital Fund, a money-market fund for s

Sen. Lummis Says Digital Assets Restore Access to 'Sound Money'

U.S. Senator Cynthia Lummis emphasized the importance of digital assets and called for protecting the industry. In a post on X on June 17, Lummis wrote that “sound money” is part of the foundation on which the US was built and that digital assets are

Kentucky Sues Kalshi, Polymarket Over Alleged Illegal Sports Betting

Kentucky has sued prediction-market platforms Kalshi and Polymarket, alleging they are running illegal sports betting operations. CoinDesk reported on June 17 that Kentucky Attorney General Russell Coleman filed the lawsuit, alleging the two platform

[Today’s Key Economic and Cryptocurrency Events] Fed Rate Decision Due

Today’s Key Economic Events ▶︎ June 18 (Thursday): △ Federal Reserve rate decision (3 a.m. Korea Standard Time) △ Federal Open Market Committee (FOMC) press conference (3 a.m. Korea Standard Time) △ Bank of England June rate decision (8 p.m. Korea St

ECB Officials See Need for More Rate Hikes Even After US-Iran Peace Deal

European Central Bank officials have kept the door open to further interest-rate increases despite a peace agreement between the US and Iran. Bloomberg reported on June 17 that ECB policymakers believe the recent deal may ease some of the run-up in o

SBF Said to Plan New Coin After Prison, Files Trump Pardon Request

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, reportedly said he could issue a new digital asset after leaving prison. New York Magazine reported on June 16 that Bankman-Fried, who is serving a 25-year sentence, made the rem

FANDOM to Tokenize Khalid, Ahn Hyo-seop Track, Letting Fans Share in Royalties

Global music franchise FANDOM said June 17 it will tokenize “Something Special,” a new track featuring singer Khalid and actor-artist Ahn Hyo-seop, on a blockchain network. The project will be carried out on Injective, a layer-1 blockchain. Fans will

Pump.fun Slump Deepens as Token Graduation Rate Falls 80%, Hurting Solana Fees

Deteriorating core metrics at Solana-based memecoin launchpad Pump.fun are spilling over into the broader Solana ecosystem, The Block reported on June 16. Pump.fun’s seven-day average token graduation rate fell to 0.26% last week, down about 80% from

WTI Slides 16% in Four Sessions to Three-Month Low on Hopes for US-Iran Deal

International oil prices fell to their lowest level in three months as hopes grew for a US-Iran agreement to reopen the Strait of Hormuz. Bloomberg reported on June 16 that West Texas Intermediate traded below $77 a barrel, extending losses to a four

SpaceX Leveraged ETF Frenzy Tops $1.3 Billion in Trading Two Days After Launch

Two 2x leveraged ETFs tracking Elon Musk’s space company SpaceX are drawing intense market interest, racking up explosive trading volume immediately after launch. On June 16, Bloomberg ETF analyst Eric Balchunas wrote on X that trading in SpaceX leve

Bitcoin Retreats Below $66,000 Despite Middle East Relief, as Confidence in Rally Remains Elusive

Bitcoin posted only modest gains despite news of a peace agreement between the US and Iran, highlighting investors' cautious stance. While stocks and oil reacted immediately, the crypto market appeared to be waiting to see whether the agreement would

BOJ Raises Rate to 1% as Strategists See Focus on Inflation Risks

The Bank of Japan raised its policy rate to 1%, a move that market participants said underscored the central bank’s concern over rising prices. Bloomberg reported on June 15 that the BOJ lifted its benchmark rate by 0.25 percentage point to 1% at a m

Today’s Key Economic and Crypto Events: BOJ Rate Decision, US ADP Weekly Employment Report

Today’s Key Economic Events ▶︎June 16 (Tuesday): △Bank of Japan rate decision (12 p.m. Korea time) △US ADP weekly employment change report (9:15 p.m. Korea time) Today’s Key Cryptocurrency Events ▶︎June 16 (Tuesday):

CIA Chief Says Iran Unlikely to Accept US Nuclear Demands

CIA Director John Ratcliffe has raised concerns that Iran will not accept US demands to scale back its nuclear program. Axios reported on June 15 that Ratcliffe recently told President Donald Trump and senior aides that US intelligence agencies have

SpaceX IPO Spurs $1.4 Billion in Hyperliquid SPCX Perpetual Futures Trading

SpaceX, Elon Musk’s space company, has completed an initial public offering, driving a sharp surge in trading of Hyperliquid’s SpaceX-linked perpetual futures. The Block reported on June 15 that “xyz:SPCX,” a SpaceX perpetual futures product in Hyper

CFTC Sues New Mexico as Fight Over Prediction-Market Oversight Escalates

The US Commodity Futures Trading Commission sued New Mexico over a growing dispute on who has regulatory authority over prediction-market platform Kalshi. Cointelegraph reported on June 15 that the CFTC filed suit in federal court against New Mexico

US Spot-Bitcoin ETFs Extend Outflow Streak to Five Weeks; Ether ETFs Also See Withdrawals

US spot-Bitcoin exchange-traded funds posted net outflows for a fifth straight week. Data from SoSoValue cited by Wu Blockchain showed US spot-Bitcoin ETFs recorded $316 million of net outflows in the week from June 8 to June 12. The five-week streak

Dollar Weakens, Oil Slides as US-Iran Peace Framework Spurs Risk Appetite

The dollar weakened and appetite for risk assets improved after news that the US and Iran had agreed on peace negotiations. Reuters reported on June 14 that the dollar index fell as low as 99.49 during trading, the weakest level since June 5. The ind

Mirae Asset Joins Ondo Finance to Expand Push Into Tokenized Securities

Mirae Asset Global Investments is accelerating its push into tokenized securities through a partnership with Ondo Finance, a global real-world asset tokenization company. Mirae Asset signed a memorandum of understanding with Ondo Finance to develop d

CLARITY Act Passage by July 4 Seen as Unrealistic

Doubts are mounting over whether the CLARITY Act, a US crypto market structure bill, can be passed before Independence Day on July 4. Eleanor Terrett, host of Crypto in America, wrote on X on June 14 that enacting the CLARITY Act by July 4 would requ

Trump Says Iran Peace Deal Succeeds Where Other Presidents Failed, Oil Supply to Normalize Soon

President Donald Trump cast a peace agreement with Iran as a signature foreign-policy achievement, contrasting himself with past US presidents. In a Truth Social post on June 14, Trump wrote that the “great agreement” would bring peace and security a

US CPI Rises 4.2%, Analysts Say Bitcoin May Face Further Losses

Persistently high US consumer inflation may add to downward pressure on Bitcoin, analysts told Cointelegraph. US consumer prices rose 4.2% in May from a year earlier, Cointelegraph reported on June 11. The reading weakened expectations for Federal Re

Nasdaq-Listed Tron Inc. Buys 154,608 More TRX, Lifting Holdings Above 700 Million

Nasdaq-listed Tron Inc. (NASDAQ: TRON) has expanded its corporate reserves with an additional purchase of Tron (TRX). The company said June 11 that it acquired 154,608 TRX at an average purchase price of $0.3234. The latest purchase lifted its TRX ho

Oil Rises More Than 2% After Iran Declares Closure of Strait of Hormuz

Oil prices extended gains after Iran declared the closure of the Strait of Hormuz and news emerged of additional U.S. airstrikes on Iran. Reuters reported on June 10 that Brent crude futures rose 2.47% to $95.40 a barrel. West Texas Intermediate crud

XRP On-Chain Activity Plunges, With $0.65 Emerging as Key Support

XRP’s on-chain activity has slowed sharply since this year’s peak, according to market data cited in a Cointelegraph analysis published June 10. Glassnode data showed the XRP network’s 90-day average fees fell to about 500 XRP recently from roughly 5

Tom Lee Says BitMine May Not Need to Reach 5% Ethereum Supply Target

Tom Lee, chairman leading BitMine’s Ethereum accumulation strategy, said the company may not need to reach its goal of holding 5% of Ethereum’s total supply. Eric Balchunas, a Bloomberg ETF analyst, said on June 10 that Lee recently told a DACFP fina

US Launches Additional Airstrikes on Iran, Calls Action Self-Defense

The US has launched additional airstrikes on Iran. US Central Command said in a post on X on June 10 that, at 5:15 p.m. Eastern time, it began further self-defense airstrikes on multiple targets inside Iran at the president's direction. CENTCOM descr

[Analysis] Bitcoin Whales Bought Aggressively as BTC Slid to $60,000

Whale investors appear to have stepped in with aggressive dip buying as Bitcoin fell to the $60,000 level. CryptoQuant contributor Woominkyu wrote on June 10 that recent on-chain data shows large investors actively accumulated Bitcoin while retail tr

US Spot-Bitcoin ETFs See $77.44 Million in Net Outflows for Third Straight Trading Day

Outflows continued from US spot-Bitcoin exchange-traded funds. US spot-Bitcoin ETFs recorded net outflows of $77.44 million on June 9, according to Trader T. That marked a third straight trading day of net redemptions. BlackRock's IBIT led the outflo