$60M Crypto Meltdown — James Wynn’s Rise and Fall

The post $60M Crypto Meltdown — James Wynn’s Rise and Fall appeared on BitcoinEthereumNews.com. Key Notes Crypto trader James Wynn lost $60M in a week after high-leverage Bitcoin bets on Hyperliquid unraveled. He once turned $7K into $25M but saw massive swings on billion-dollar positions in May 2025. Wynn has since quit perpetual trading, citing […]

Metaplanet issues $50M in zero-interest bonds to boost Bitcoin holdings

The post Metaplanet issues $50M in zero-interest bonds to boost Bitcoin holdings appeared on BitcoinEthereumNews.com. Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company said it was raising $50 million through bonds. […]

Temu’s Q1 net profit fell by 47% to $2.46 billion amid US-China tariff war

The post Temu’s Q1 net profit fell by 47% to $2.46 billion amid US-China tariff war appeared on BitcoinEthereumNews.com. As the China-American tariff war drags on, bargain-shopping app Temu reports nearly a 50% drop in profits and its slowest revenue growth in three years. On Tuesday, the company’s US-listed shares fell by more than 13% […]

Saylor’s Strategy Inc. “Hacks” Capital Markets for Bitcoin (BTC)

The post Saylor’s Strategy Inc. “Hacks” Capital Markets for Bitcoin (BTC) appeared on BitcoinEthereumNews.com. Strategy Inc. leverages equity and debt markets to buy Bitcoin, turning its balance sheet into a self-reinforcing crypto engine. Michael Saylor’s conviction-driven model has outperformed Bitcoin and all but one crypto ETF in 2025. Strategy stock trades at a hefty premium, […]

Telegram, The Messaging Giant Linked to TON Network, Looks Raise $1.5B Through Bond Sale: WSJ

The post Telegram, The Messaging Giant Linked to TON Network, Looks Raise $1.5B Through Bond Sale: WSJ appeared on BitcoinEthereumNews.com. Messaging platform Telegram is raising at least $1.5 billion through a new bond offering. The firm is raising the funds through a five-year bond with a 9% yield, which has drawn interest from both returning […]

New York Liberty-Themed Brooklyn Public Library Cards Arrive This June

The post New York Liberty-Themed Brooklyn Public Library Cards Arrive This June appeared on BitcoinEthereumNews.com. Ellie the Elephant, New York Liberty’s mascot, poses with her new Brooklyn Public Library card in … More honor of the 2024 WNBA Championship Brooklyn Public Library New York City hoopers and readers, your time has come. In honor of […]

Bithumb Announces Crucial Halt For Network Upgrade On June 2

The post Bithumb Announces Crucial Halt For Network Upgrade On June 2 appeared on BitcoinEthereumNews.com. Attention, Zilliqa (ZIL) holders and users of the Bithumb crypto exchange! An important announcement has been made that requires your immediate attention. If you hold or transact ZIL on Bithumb, mark your calendars, as temporary service disruptions are coming. Bithumb […]

Toncoin (TON) Price Surges as Telegram Secures $300M AI Deal with Elon Musk’s xAI

The post Toncoin (TON) Price Surges as Telegram Secures $300M AI Deal with Elon Musk’s xAI appeared on BitcoinEthereumNews.com. TLDR: Telegram to deploy Grok AI to over 1 billion users by summer 2025. Toncoin price jumped from $2.94 to $3.66 after the xAI announcement. Whale wallets added over 45M TON tokens, signaling long-term confidence. TON […]

Elon Musk criticizes Trump’s bill for undermining his DOGE cost-cutting efforts

The post Elon Musk criticizes Trump’s bill for undermining his DOGE cost-cutting efforts appeared on BitcoinEthereumNews.com. Donald Trump made it clear from the White House on Wednesday that he has no regrets about his latest tax bill, even after sharp public complaints from his so-called best friend Elon Musk. The president brushed aside Elon’s criticism […]

U.S. Vice President Vance Aims to Reform Cryptocurrency Regulations – Coincu

The post U.S. Vice President Vance Aims to Reform Cryptocurrency Regulations – Coincu appeared on BitcoinEthereumNews.com. Key Points: Vice President Vance plans to reform crypto regulations, impacting markets. Vance’s speech did not trigger immediate market changes. Bitcoin and Ethereum may be most impacted by potential regulatory shifts. Vice President Vance announced at the Bitcoin 2025 […]