Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury
Nasdaq-listed Mercurity Fintech plans to raise $800M for a Bitcoin treasury, becoming the 11th-largest corporate BTC holder, integrating blockchain-native custody and staking services.
Maelstrom Announces Its Fourth Bitcoin Developer Grant Recipient
Maelstrom awards its fourth Bitcoin developer grant to Ron (macgyver13) for integrating Silent Payments (BIP 352) into wallets, enhancing privacy by eliminating address reuse.
Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report – The Daily Hodl
Citigroup prepares for potential loan losses by setting aside hundreds of millions more amid macroeconomic uncertainty, while maintaining confidence in credit quality.
Why Is Crypto Down Today? – June 12, 2025
The crypto market declined on June 12, 2025, with top coins like BTC and ETH dropping. Factors include US-China trade news and inflation reports, though the dip may be short-term.
SEC Rejects DeFi Development Corp’s $1B Solana Bid Over S-3 Filing Eligibility
DeFi Development Corp withdrew its $1B SEC filing after being deemed ineligible due to a missing internal controls report. The filing aimed to raise funds, including for Solana token purchases.
Pudgy Penguins Partners with NASCAR: New Meme Coins on Presale for a Speed Boost
Pudgy Penguins partners with NASCAR to expand its NFT brand into motorsports, while new meme coins like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) enter presale, offering potential high returns.
Biometric Crypto ID Project World Adds Native Support for USDC Stablecoin – News Bytes Bitcoin News
Circle’s USDC stablecoin and CCTP V2 now support World Chain, enabling users to upgrade bridged USDC to native USDC for fully backed holdings.
Ethereum futures open interest hits $20B all-time high: Will ETH price follow?
Ether’s price surged 108% to $2,880 since April 9, with futures open interest hitting a record $20B. Analysts predict further gains, targeting $4,200, as ETH outperforms Bitcoin.
Solana Drops 5% as Nasdaq Firm Pulls $1B Ahead of ETF Push
Solana’s price drops 3.84% as DeFi Development Corp withdraws a $1B SEC filing. Analysts predict a potential rise to $164 if the ascending triangle breakout holds, with a 90% chance of Solana ETF approval by 2025.
XRP ETF approval odds slide 10% ahead of critical SEC and ETF deadlines next week
XRP ETF approval odds drop to 88% amid SEC deadlines and pending Ripple settlement. Legal hurdles remain despite progress, with potential market volatility post-approval.
