Key takeaways BitMine bought 76,881 ETH, raising its holdings to 5.62 million ETH. The company now controls about 4.66% of Ethereum’s circulating supply. ETH is attempting to hold above $1,800 while facing resistance near $1,900. BitMine adds nearly 77,000 ETH to its reserve Ethereum treasury company BitMine Immersion Technologies significantly expanded its Ether holdings last week, purchasing 76,881 ETH during a period of weakness in the broader crypto market. The acquisition increased the company’s total Ethereum holdings to 5.62 million ETH, valued at approximately $10.35 billion at current prices. According to BitMine, the position now represents about 4.66% of Ethereum’s…
Author: cryphedge
XRP banks adoption has been at the center of the crypto conversation for a while now, and right now, the picture is more complicated than many in the community want to admit. Banks still face real obstacles, and the regulatory uncertainty around crypto, including XRP specifically, is a big part of why. Despite Ripple’s legal wins against the SEC, broader XRP banks adoption stays limited, and Ripple’s own CEO has said as much. The Ripple XRP clarity gap between what court rulings have settled and what financial institutions actually need is still very much there, at the time of writing.Also…
The XRP Ledger (XRPL) drew more new tokenized real-world asset capital than Ethereum, Solana, and other major blockchains over the past three months, giving XRP bulls a fresh network-growth argument as traders rebuild exposure to the token.XRPL recorded $1.9 billion in net real-world asset inflows over the last 90 days, ahead of Ethereum’s $1.6 billion and Stellar’s $1.4 billion, according to RWA Foundation data. BNB Chain followed with $848 million, Solana with $611 million, Avalanche with $362 million, Sei Network with $202 million, and Mantle with $90 million.RWA Net Inflows Across Blockchain Networks (Source: RWA Foundation)The data does not mean…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 16, 2026 News coming from Forward Industries (NASDAQ: FWDI), the largest publicly traded…
When a major exchange lists a token that barely hides its meme origins, the market listens. Upbit, South Korea’s dominant cryptocurrency trading platform, has announced it will list SPX6900 (SPX) against the Korean won, Bitcoin, and Tether, with deposits already open and trading set to start at 14:00 KST on June 16. The token is issued on Ethereum, making it another entrant in the meme coin sector that continues to attract speculative capital. The announcement appeared in a notice highlighted by WuBlockchain. SPX6900’s ticker and name are an obvious nod to the S&P 500 index, the “69” suffix being a…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 16, 2026 Senator Cynthia Lummis publicly tied Bitcoin to America’s $39.2 trillion national…
BlackRock’s iShares Bitcoin Premium Income ETF began trading on Nasdaq today under the ticker BITA, marking the world’s largest asset manager’s boldest step yet into structuring Bitcoin as an income-generating asset rather than a pure speculative play.The launch was confirmed by Bloomberg ETF analyst Eric Balchunas, who noted the listing had been verified directly by Nasdaq. The green light followed the U.S. Securities and Exchange Commission’s approval of the fund’s notice of effectiveness on Monday, June 15, just one day before trading began. The move came earlier than many expected — Balchunas had initially predicted the fund would debut around…
Kraken has switched on perpetual futures trading for eligible U.S. customers, delivering one of crypto’s most widely used derivatives products through a domestically regulated venue for the first time at meaningful scale. The launch, announced Monday via the Kraken blog, marks a turning point in a years-long effort to bring the offshore perps market back onshore.What Are Perpetual Futures — and Why Do They Matter?Perpetual futures, universally known in the industry as “perps,” are derivative contracts that let traders take leveraged long or short positions on assets such as Bitcoin (BTC) or Ethereum (ETH) without actually owning them. Unlike traditional…
Pudgy Penguins has pulled the plug on Pudgy Party, its mobile battle royale game co-developed with Mythical Games, less than a year after its global debut. The official shutdown was announced on June 12 via the game’s X account, @PlayPudgyParty, triggering an immediate wave of community backlash as hundreds of replies and quote tweets flooded the post within hours. The game has since been removed from both the iOS App Store and the Google Play Store.Pudgy Penguins Ends Pudgy Party Game DevelopmentFrom Times Square to TakedownWhen Pudgy Party launched in August 2025, it offered fast-paced mini-games, customizable avatars, and collectible…
Uniswap (UNI) is showing signs of a break out amid a market-wide recovery. CoinGecko’s Uniswap data shows that UNI’s price has risen by 10.7% in the daily charts and 15.2% over the previous week. Despite the sharp rebound, the asset is still down by 17.6% in the monthly charts. Uniswap’s (UNI) rally comes amid a bullish outlook from Standard Chartered. The bank anticipates the asset to breach the $100 mark by the end of the decade. Let’s discuss why.Source: CoinGeckoStandard Chartered Predicts $100 For Uniswap: Why?Source: NewsBTCAccording to Standard Chartered’s Geoff Kendrick, we will experience a surge in tokenized real-world…
