Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy – Economics Bitcoin News
China is increasing efforts to boost the yuan’s global role and reduce dependence on the U.S. dollar amid declining confidence in the dollar’s dominance.
Global M2 Can’t Predict Bitcoin Price, Says Quant Analyst
Quant analyst Sina criticizes the Global M2-Bitcoin price correlation model, calling it data illiteracy and overfitting, arguing it misrepresents global liquidity and lacks predictive accuracy.
Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020
Binance’s Bitcoin inflows dropped to 5,700 BTC, far below the 12,000 BTC monthly average since 2020, signaling reduced sell pressure and a potential holding phase among traders.
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks – The Daily Hodl
Barclays will ban all crypto transactions on its bank cards starting June 27, 2025, citing volatility risks and lack of consumer protection, despite investing in BlackRock’s Bitcoin ETF.
DOGE Price Prediction: Dogecoin Set to Overtake Tron (TRX) as Bulls Target 5-Day Pivot Point – Coinspeaker
Dogecoin’s price rebounds 16% amid reduced geopolitical risks and Fed’s positive crypto stance. Technical analysis suggests a potential 25% surge if it breaks $0.168 resistance, possibly overtaking Tron’s market cap.
Google’s AlphaGenome AI Makes DNA Readable—And It’s on GitHub – Decrypt
Google’s AlphaGenome AI decodes non-coding DNA, enabling advanced disease research and personalized medicine. It processes 1M base pairs, outperforms benchmarks, and is available via API on GitHub.
Prediction market Kalshi raises $185M at $2B valuation — Report
Kalshi, a prediction market platform, raised $185M at a $2B valuation led by Paradigm. Funds will expand its team and integrate contracts into more brokerages. The firm is federally regulated in the US.
Prediction Market Kalshi Notches $2 Billion Valuation With $185 Million Raise – Decrypt
Prediction market Kalshi raised $185 million at a $2 billion valuation in a Series C round led by Paradigm, signaling strong growth in crypto-focused prediction markets.
Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Bit Digital exits Bitcoin mining to focus entirely on Ethereum staking, converting BTC holdings to ETH and selling mining assets to reinvest in its ETH strategy.
Crypto exchange Kraken secures MiCA license in Ireland
Kraken secured a MiCA license from Ireland’s Central Bank, enabling EU expansion. The exchange now offers regulated services across 30 EEA states, following previous MiFID and EMI approvals.
