Bitcoin’s circulating supply is tightening fast, setting the stage for potential price surges as demand continues to grow, according to Sygnum Bank’s June 2025 Monthly Investment Outlook. Sygnum analysts noted that Bitcoin’s (BTC) liquid supply had dropped by 30% over the past 18 months, primarily driven by institutional adoption and the rise of Bitcoin acquisition…
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The US Securities and Exchange Commission will hone its crypto policies with “notice and comment” and move away from shaping its rules through the courts, agency chair Paul Atkins told Congress. In June 3 remarks to the Senate Appropriations Subcommittee on Financial Services, Atkins said the agency’s crypto policymaking “will be done through notice and…
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Coinbase has asked a US federal judge to hear a lawsuit from Oregon’s attorney general, claiming that it is a copy of a prior Securities and Exchange Commission lawsuit that belongs in federal court. In a June 2 motion filed in a Portland federal court, Coinbase claimed Oregon Attorney General Dan Rayfield’s April lawsuit accusing…
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South Korea’s opposition leader Lee Jae-myung has been sworn in as president following a decisive victory in a snap election, after promising a raft of pro-crypto policies during his campaign. Lee claimed victory in the June 3 election held six months after the country’s previous leader, Yoon Suk-yeol, declared martial law and threw the nation…
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Key takeaways: Gold price rose 3% between May 29 and June 2, reaching its highest level in over three weeks, while Bitcoin (BTC) is holding above $105,000. Weaker dollar forces investors elsewhere Although this short-term underperformance might seem negative at first glance, several macroeconomic indicators suggest Bitcoin could break out sooner than expected. Gold/USD (green,…
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California has taken a step closer toward embracing crypto after a bill allowing state departments to accept digital currencies sailed through the state’s lower house with a unanimous vote and is now headed for the Senate. Assembly Bill 1180 (AB 1180), which passed the California State Assembly on June 2 with a 68-0 vote on…
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Large Bitcoin holders have been steadily taking profits after the cryptocurrency recently hit a new peak, continuing a years-long trend of the cryptocurrency’s “big whales” cashing out. Analyst Willy Woo posted to X on June 3 that “big whales” with over 10,000 Bitcoin (BTC) “have been selling since 2017,” answering the question of who is…
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US President Donald Trump’s sprawling crypto empire could grow even larger, as filings show plans for a Bitcoin exchange-traded fund (ETF) branded with his social media platform, Truth Social. Stock exchange NYSE Arca filed for the Truth Social Bitcoin ETF with the Securities and Exchange Commission on June 3 on behalf of crypto asset manager…
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US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national Bitcoin reserve to address threats from economic wars. During a Bloomberg interview on June 3, Lummis said that some US generals, especially those based in Southeast Asia, support the idea of storing BTC as part…
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Despite the widespread belief that retail investors have exited the cryptocurrency space, that’s not the case. According to Vugar Usi Zade, chief operating officer of Bitget, they’ve simply changed their approach. In an interview with Cointelegraph at the Consensus conference in Toronto, Canada, Usi Zade explained that retail trading has shifted away from rampant speculation…
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