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Anthony Pompliano's ProCap BTC purchases 3,724 bitcoin worth $392,686,000 πŸ’₯

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Media is too big
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Senator Lummis and Senator Scott to introduce a bill providing a legal framework for Bitcoin and crypto

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The European Union is ready to take more tariff countermeasures to put pressure on the United States

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$4.3 Trillion Fannie Mae may soon offer it's clients Bitcoin backed mortgages for homes

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Trump has approved the amnesty for Binance founder Zhao Changpeng (CZ)

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Hong Kong Monetary Authority Chief: First Batch of Stablecoins Will Focus on Cross-Border Trade and Web3 Applications

According to a report by Phoenix News, the Hong Kong SAR Government published a notice in the Gazette on June 6th, announcing that the "Stablecoin Regulations" will officially come into effect on August 1st, marking the world's first comprehensive regulatory framework for fiat-backed stablecoins.

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Institutional survey considers turmoil in US Treasury market as the top risk

In a survey conducted by asset management company Natixis Investment Managers for its strategists and portfolio managers, turmoil in US Treasury market became the top risk. The agency said that 85% of strategists listed it as a risk of medium and high concern. "Two-thirds (62%) of European strategists said that US Treasury investment is no longer as safe as before, while only a quarter (24%) of US strategists hold the same view," said Natixis IM. The survey contains insights from 34 market strategists, portfolio managers, research analysts and economists from Natixis Group and its affiliates

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Tether CEO Paolo Ardoino said the company aims to become the world’s largest Bitcoin miner by the end of 2025, emphasizing that mining is a strategic move to secure its $10bn+ BTC holdings.

Tether has already invested over $2bn into mining and energy infrastructure across Latin America, though its current hashrate remains undisclosed.

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Fed Chair Powell said the Bitcoin and crypto industry is "becoming much more mainstream." πŸͺ™

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Barclays to ban crypto transactions on credit cards from Friday πŸ™…β€β™‚οΈ

The move comes as a debate is unfolding in the UK on whether users should be allowed to buy cryptocurrencies with credit cards.

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Since the recent Israel-Iran conflict, Tether has frozen 112 wallet addresses holding nearly $700m USDT across Ethereum and TRON, with the top 40 all located on TRONβ€”where Iranian trading platforms primarily operate.

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Bitcoin transactions over $100K have increased from 66% of network volume in November 2022 to 89% today, suggesting growing dominance of high-value participants in on-chain activity

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The market shows that BTC has broken through $108,000, and now it is reported at $108034.64, with a 24-hour increase of 1.45% πŸͺ™

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During the market downturn, two wallets panic-sold 4598 ETH and bought back at a higher price 3 hours ago.

According to LookIntoChain monitoring, 4 days ago, 2 wallets panic-sold 4,598 ETH in exchange for 10.95 million DAI, at a sell price of $2,383.

3 hours ago, as ETH rebounded, they bought back 4,455 ETH (10.95 million USD) at a higher price of $2,459, losing 142 ETH (353,000 USD).

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Prediction market platform Kalshi is raising over $100m at a valuation above $1bn, with the round led by crypto-focused firm Paradigm.

Unlike competitor Polymarket, Kalshi is federally regulated and accessible to U.S. users, marking a key distinction in the growing prediction market space.

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SEC Commissioner Hester Peirce said in-kind redemptions for crypto ETFs are β€œcertainly on the horizon,” responding to months of industry requests led by firms like BlackRock.

While she didn’t confirm a timeline, she acknowledged growing interest and noted that related filings are under review.

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Glassnode: Bitcoin's key structural support range is still $93,000 to $100,000

Glassnode said in a post that "the $93,000 to $100,000 range is still the key structural support area for Bitcoin (BTC), where a large amount of funds accumulated in the first quarter. Despite short-term fluctuations, if the price can remain above this range, it shows that the overall upward structure is still solid."

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