News

According to Foresight News, Chainlink has announced its participation in a pilot project involving the exchange of Hong Kong's central bank digital currency (CBDC) and the Australian dollar stablecoin. This initiative is part of the second phase of the e-HKD+ pilot program. Other participants in the project include Visa, ANZ Bank, China Asset Management, and Fidelity International.

According to Odaily, Wall Street brokerage Bernstein highlighted in a research report on Monday that the Ethereum blockchain offers a unique selling point as a 'decentralized computer.' This characteristic, along with blockchain use cases such as stablecoins and tokenization, originates from Ethereum. Recently, there has been an increase in inflows to Ethereum ETFs, with $815 million invested over the past 20 days, possibly due to investors recognizing the network's value proposition as a decentralized computer. Analysts, led by Gautam Chhugani, noted that Ethereum holds the largest market share in areas like stablecoins and tokenization.

According to PANews, a whale utilizing 20x leverage to long Bitcoin has ceased increasing their position. Currently, the whale holds a leveraged position of 1,706 BTC, valued at approximately $182 million. The average entry price for this position is $107,167, with a liquidation price set at $102,830.

According to Odaily, the U.S. Consumer Price Index (CPI) inflation rate decreased for the third consecutive month in April, reaching 2.3%, moving closer to the Federal Reserve's 2% target. However, economists at Barclays suggest that April's data might represent a temporary low. They anticipate that the May CPI report will reveal initial signs of price pressures related to tariffs. High-frequency data tracked by Barclays indicates potential price increases across a broad range of core goods categories, including clothing, home goods, new vehicles, and other products.

According to Odaily, Greeks.live has released a community briefing highlighting the current mixed market sentiment, which appears slightly bearish. Bitcoin's resistance level approached $106,000 last weekend, raising concerns about downward risks and potential spillover effects from traditional market volatility that could impact the future trajectory of cryptocurrencies.

According to Odaily, the U.S. stock market opened with slight gains. The Dow Jones Industrial Average increased by 0.02%, the S&P 500 rose by 0.12%, and the Nasdaq Composite climbed by 0.22%. Tesla shares fell by 3% after several investment banks downgraded its rating, following a nearly 15% decline last week. Meanwhile, Circle, known as the first stablecoin stock, continued its upward trend from last week, surging over 22%.

According to Odaily, a user spent 39.15 ETH in gas fees to stake 10.17 million USDC on the Plasma network, becoming the first address to do so. In contrast, another address holding 50 million USDC incurred only $7.16 in gas fees for staking.

According to Foresight News, a joint statement from eight major cryptocurrency industry associations is set to be released, with Uniswap and Jump Crypto also participating. The statement supports the inclusion of the Blockchain Regulatory Certainty Act (BRCA) in the latest version of the CLARITY Act. Eight prominent crypto policy organizations in Washington, D.C., have issued a joint statement urging Congress to incorporate the BRCA into market structure legislation. These organizations include the DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm. They emphasize that this amendment is crucial for protecting software developers and infrastructure providers who do not custody customer funds. The amendment was initially proposed by Tom Emmer and has since gained bipartisan support, including from Rep. Ritchie Torres. Many in the industry view it as a fundamental policy safeguard for DeFi developers. The joint statement calls on lawmakers to integrate the BRCA into the CLARITY Act, a House bill concerning the market structure of digital assets.

According to Odaily, the board of directors of UK-listed company Anemoi International has announced that approximately 30% of the company's cash reserves have been invested in Bitcoin. This decision builds on an announcement made on June 6, 2025. The board believes that the revised financial management strategy is fully complementary to the company's current core business. Further announcements regarding the company's business and financial management strategy are expected soon. Anemoi International Ltd. operates through its subsidiary id4 AG, a regulatory technology company providing digital solutions to small and medium-sized financial institutions.

According to BlockBeats, California Governor Gavin Newsom has announced plans to file a lawsuit against the Trump administration concerning the deployment of the National Guard. This legal action highlights ongoing tensions between state and federal authorities regarding the use of military forces within the United States.

According to BlockBeats, following the release of a stable employment report last Friday, investors do not expect the Federal Reserve to cut interest rates before September. Piper Sandler analyst Nancy Lazar noted that although the U.S. economy might experience some softening, it is likely to maintain its growth momentum even without further rate cuts from the Federal Reserve. Lazar highlighted that the typical lag effect of last year's rate cuts by the Federal Reserve might not have fully taken effect yet. Additionally, reducing the size of the federal government could free up labor for the private sector. The baseline forecast suggests that the U.S. economy does not require additional rate cuts. The current economic softness is attributed to the effects of tariff policy fluctuations.

According to Odaily, recent filings with the U.S. Securities and Exchange Commission (SEC) reveal that Strategy did not sell MSTR stock to finance its recent $110 million Bitcoin acquisition. The funding for this purchase was entirely sourced from the market sales of two preferred stocks, STRK and STRF.

According to Cointelegraph, the Ethereum ecosystem is exploring a modular compliance strategy to align public blockchains with the European Union’s General Data Protection Regulation (GDPR). A proposal by Ethereum community member Eugenio Reggianini suggests utilizing modular architecture to enhance data management and privacy. This approach involves decentralizing personal data to the edges, such as wallets and decentralized applications (DApps), employing offchain storage with metadata-erasure, and cryptographically splitting roles. This strategy aims to concentrate GDPR controller responsibilities on a limited number of entities, while the broader network functions as processors or remains outside the GDPR's scope. The transition to a modular architecture could facilitate the integration of privacy-enhancing technologies (PETs) within Ethereum, potentially achieving GDPR compliance in permissionless blockchain environments. Reggianini highlights several technologies that are either being integrated or proposed for Ethereum to minimize personal data exposure. These include proto-danksharding (EIP-4844), which limits transaction blob lifespans to approximately 18 days, thereby enforcing storage minimization. Additionally, Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) can enhance privacy by allowing validators to confirm succinct cryptographic proofs without accessing transaction payloads, significantly reducing onchain data visibility. Other PETs that could aid in GDPR compliance include Fully Homomorphic Encryption, Trusted Execution Environments (TEEs), multiparty computation (MPC), Proposer-Builder Separation (PBS), and Peer Data Availability Sampling (PeerDAS). The proposal outlines GDPR implications across Ethereum's three layers: the execution layer, consensus layer, and data availability layer. The execution layer would act as processors, transmitting only encrypted or blinded data, while the consensus layer would focus on validating commitments and zero-knowledge proofs. The data availability layer, under PeerDAS, would store anonymous shards for limited durations, aligning with GDPR’s data minimization principle. By concentrating data controllership on the application layer and utilizing PETs, Ethereum aims to safeguard user privacy without compromising its foundational principles, according to Reggianini. However, the success of this framework hinges on widespread community adoption, developer support, and potential alignment with EU regulators.

Binance Research has released its latest "Monthly Market Insights – June 2025" report, highlighting strong growth across crypto markets in May, led by Bitcoin’s new all-time high and a major rally in Ethereum.The report reveals that total crypto market capitalization rose by 10.3% in May, continuing its upward trajectory despite persistent volatility tied to U.S. trade policy uncertainty. Major developments in institutional adoption, DeFi, and real-world assets (RWAs) also played a significant role in driving the market forward.Key Takeaways from the June 2025 Binance Research Report:Bitcoin Hits ATH Amid ETF InflowsBTC reached a new all-time high in May, fueled by $5.2 billion in net inflows into U.S. spot Bitcoin ETFs — the strongest inflow since November 2024.BlackRock’s IBIT led the inflows, while Grayscale’s GBTC saw outflows of $320 million, suggesting a “winner-takes-all” trend emerging among ETF providers.Corporate BTC holdings surged to 809,100 BTC across 116 public companies, spurred by price appreciation and clearer regulatory frameworks.Ethereum Jumps 43.9% Post-UpgradeEthereum gained 43.9% in May, rebounding strongly after the successful Pectra upgrade, which improved scalability and network security.Institutional confidence in ETH grew as Sharplink disclosed a $425 million ETH treasury allocation, positioning Ethereum as a potential long-term reserve asset.DeFi and RWA Sectors Lead Market GainsThe DeFi sector rose 19.0% in May, outperforming other categories due to new product launches and increased total value locked (TVL).The tokenized real-world assets (RWA) market grew 260% in H1 2025 to reach $23 billion, driven by tokenized private credit (58%) and U.S. Treasury debt (34%).Improved regulatory clarity is expected to attract further institutional participation in RWAs.Liquidations and VolatilityNearly $1 billion in BTC and ETH shorts were liquidated during the month, reflecting heightened volatility amid geopolitical tensions.Despite intraday price swings, Bitcoin closed May with an 11.1% monthly gain.Corporate Adoption ContinuesInstitutional adoption strengthened, with firms like TwentyOne Capital and Sharplink increasing exposure to BTC and ETH in corporate treasuries.While Bitcoin remains the dominant reserve asset, a growing number of companies are exploring ETH, SOL, and XRP allocations.

Binance Alpha has officially listed Seraph (SERAPH), with an airdrop now available to eligible users.According to the announcement, Binance Alpha users who hold at least 198 Alpha Points can claim 61 SERAPH tokens starting 12:00 UTC on June 9, 2025, through the Alpha Events page on the Binance App.The airdrop will be available for 24 hours only, and eligible users must confirm their claim within that period. Unclaimed airdrops will be forfeited after the deadline. Binance clarified that this airdrop does not deduct any Alpha Points from users’ accounts.Seraph (SERAPH) was recently launched on Binance Alpha and is accessible using the following contract address:0xd6b48ccf41a62eb3891e58d0f006b19b01d50cca.Key Details:Token: Seraph (SERAPH)Platform: Binance AlphaAirdrop Amount: 61 SERAPH tokensEligibility: Users with ≥198 Alpha PointsAirdrop Period: Starts June 9, 12:00 UTC | Ends June 10, 12:00 UTCPoints Deducted: None 

Bitcoin giant Strategy has added 1,045 BTC to its holdings, spending over $110 million between June 2 and June 8 at an average price of $105,426.According to market disclosures, Strategy increased its Bitcoin holdings by 1,045 BTC last week, bringing its total investment during the period to approximately $110.2 million. The purchase was made between June 2 and June 8, with an average acquisition price of $105,426 per Bitcoin. 

ProShares and Bitwise have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch exchange-traded funds (ETFs) that track the stock performance of Circle (CRCL), the issuer of the USDC stablecoin.According to Bloomberg's senior ETF analyst Eric Balchunas, the two asset managers have proposed the following ETFs:ProShares Ultra CRCL ETFBitwise CRCL Option Income Strategy ETFBoth ETF filings are currently under SEC review. Trading symbols for these funds have not yet been assigned. If approved, the ETFs are expected to become effective on August 20, 2025.The filings follow Circle’s recent successful listing on the New York Stock Exchange (NYSE), where its shares (CRCL) surged over 167% on debut, signaling heightened investor interest in stablecoin-related equities.Key Details:ETF Issuers: ProShares, BitwiseUnderlying Asset: Circle (CRCL) stockETF Types: Leveraged and option income strategyExpected Effectiveness Date: August 20, 2025SEC Status: Awaiting approvalThese filings mark another step in expanding traditional financial exposure to the crypto economy through equity-based investment vehicles.

According to Odaily, data shared by Bloomberg senior ETF analyst Eric Balchunas on the X platform reveals that there have been over 25 physical attacks on cryptocurrency holders this year. With the year not yet halfway through, 2025 is on track to become the most dangerous year ever for cryptocurrency holders.

According to PANews, Japanese fashion brand ANAP has announced its intention to purchase and hold over 1,000 bitcoins by August 2025. This strategic move reflects the company's commitment to integrating cryptocurrency into its financial portfolio. The decision aligns with a growing trend among businesses to invest in digital assets as part of their long-term financial strategies.

According to BlockBeats, the Director of the U.S. National Economic Council, Hassett, expressed confidence that the talks between the United States and China will make progress. Despite the brief duration of today's discussions, Hassett anticipates positive outcomes from the meeting.