Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Republicans suffered their first setback in Congress on crypto legislation, Bitcoin-powered darknet marketplace Abacus Market has gone offline amid suspected law enforcement pressure, and…

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James Wynn returns with M leveraged Bitcoin long, 0K PEPE bet

James Wynn returns with $19M leveraged Bitcoin long, $100K PEPE bet

Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold. Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Pump.fun ICO raises $500 million, BlockFi’s bankruptcy administrator and the DOJ have settled a $35 million crypto asset transfer lawsuit, and US-based spot Bitcoin…

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Korean biotech firm bought by Parataxis for Bitcoin treasury use

Korean biotech firm bought by Parataxis for Bitcoin treasury use

Parataxis will launch a Bitcoin-native treasury platform in South Korea via Bridge Bio, aiming to expand institutional access to BTC despite regulatory barriers. Parataxis Holdings, an affiliate of digital asset-focused investment firm Parataxis Capital Management, is set to launch a Bitcoin-native treasury platform in the South Korean public market. The firm announced on June 20…

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Nasdaq-listed Mercurity Fintech to raise 0M for Bitcoin treasury

Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise…

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How high can Bitcoin price go?

How high can Bitcoin price go?

Bitcoin reached $110,000 on June 11, prompting predictions for a further rally to new all-time highs, including $1 million BTC price calls. Key points: Bitcoin is up 10% since June 5, hitting $110,000 on June 11. Analysts predict BTC could reach $120,000-$150,000, while Michael Saylor is eyeing $1 million. Read more If you liked the…

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