Author: cryphedge

Metaplanet has amassed 10,000 BTC in six months, making it the largest corporate Bitcoin holder ahead of Coinbase. Its share gained 24% following the recent acquisition of BTC 117M and has the potential to grow more based on its 555 Million Plan. Metaplanet is now the biggest corporate Bitcoin owner in Asia as it has purchased 1,112 BTC valued at $117.2 million, thus bumping its total holdings to 10,000 BTC. The company, listed in Tokyo, achieved this milestone after only half a year in 2025, way earlier than its previous deadline at the end of the year. Metaplanet has acquired…

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JPMorgan filed a trademark application for the mark “JPMD,” covering trading, exchange, transfer, and payment services tied to virtual currency, digital tokens, and blockchain-enabled money. According to reports from June 16, the filing lists electronic fund transfers, real-time token trading, custody services, and secure online financial transactions. The document identifies JPMorgan Chase Bank, N.A., as the owner and cites the bank’s Columbus, Ohio, address.The move comes after reports on May 23 that JPMorgan, Bank of America, Citigroup, and Wells Fargo are discussing a joint stablecoin initiative. Frax Finance founder Sam Kazemian confirmed the talks, indicating that discussions have advanced beyond early speculation. The…

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Crypto exchanges Coinbase and Gemini are close to securing regulatory approvals granting them access to operate across the EU, Reuters reported on June 16, citing people familiar with the matter.According to the report, the expectation has intensified tensions among national regulators over the speed and oversight of new licensing under the bloc’s landmark crypto framework.The EU’s Markets in Crypto-Assets (MiCA) regulation, in force since early this year, allows any member state to issue a license that unlocks the entire 27-nation market.While hailed as a step toward aligning crypto oversight with traditional finance, some regulators privately warn that inconsistent enforcement risks…

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The crypto market is reeling from a sudden downturn, with Bitcoin (BTC) plummeting after a failed breakout above $110,000, wiping out $665 million in leveraged positions.  Meanwhile, Mutuum Finance (MUTM) is surging forward, captivating investors with its phase 5 presale at $0.03 per token, promising a 100% return at its $0.06 launch.  The project has raised $10,700,000 since its presale began, selling over 550 million tokens to 12,100 holders.  As Bitcoin stumbles, Mutuum Finance (MUTM) shines as a beacon of potential, with analysts predicting a staggering 43x surge to $1.29 post-launch.  Investors are buzzing with curiosity, eager to explore what’s…

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Discover the most promising altcoins poised for growth. As the market shows signs of potential rebounds, a few standout digital currencies are catching the eye of investors. This article explores three altcoins that are currently available at attractive prices and could soon surge in value. Find out which cryptocurrencies are set to rise. Celestia Price Review: Past Drops and Key Levels in Focus Celestia saw a steep month-long drop nearing 33% and a drastic 72% plunge over the last six months. The coin’s weekly change of roughly -12% further deepened the bearish pressure during this period. Price action over time…

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XRP price rose amid news that Purpose Investments is set to launch a spot XRP spot exchange-traded fund. The Purpose XRP ETF is set to launch on the Toronto Stock Exchange on June 18, 2025. XRP is among several altcoins awaiting spot ETF approval in the United States. XRP price surged by nearly 7% as cryptocurrencies mirrored a bounce on Wall Street amid investor confidence in a potential Israel-Iran peace deal. While this is one of the main drivers of XRP price edging higher alongside Bitcoin and top altcoins, there was a slight jump as Canada-based asset manager Purpose Investments…

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Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X.WhiteRock surfaced in December 2024 with an anonymous team, overstated user counts, and unverifiable claims about a USDX reserve, researchers at Blokiments wrote in a memo dated June 13.EvidenceZachXBT added fresh evidence by finding an influencer that received payment from a WhiteRock-tied wallet, which also aggregates deposits traceable to ZKasino’s treasury.Separate transfers in February and March show identical amounts exiting a ZKasino wallet to an instant exchange and entering WhiteRock…

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ETH holdings among the 1,000–10,000 wallet cohort now exceed 16 million. ETH-focused funds saw $583 million in inflows last week alone. Price remains in the $2,150–$3,600 range despite a 90% rally over two months. Ethereum has seen a dramatic surge in accumulation activity among its largest holders, with wallets holding between 1,000 and 10,000 ETH adding over 818,410 ETH—worth roughly $2.5 billion— on Sunday. This marks the sharpest one-day increase in holdings for this wallet cohort since 2018, according to on-chain data. The same addresses, typically linked to early adopters, crypto funds, and so-called “whales”, now control more than 16…

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Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated:  June 16, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…

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Shiba Inu is hovering around the $0.000012 level on Monday and remains sideways for nearly two months. SHIB has stagnated in price with little to no spurts in Q2 of 2025. The development is causing stress to investors as their portfolio is sinking to the red. In this article, we will highlight the resistance and support level for SHIB so you can make an informed decision. The dog-themed token is mostly bearish and traders need to watch out for several metrics and technical pointers.Also Read: Shiba Inu Could Hit Dogecoin’s Market Cap by 2027, Analysts ClaimShiba Inu: Resistance & Support…

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