As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.
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Meta Shareholders Reject Proposal to Add Bitcoin to Company Treasury
According to official vote tallies, only 0.1% of shareholders supported the motion, while approximately 95% voted against it. Over 204 million shares were recorded as broker non-votes. The proposal, titled “Bitcoin Treasury Assessment,” aimed to explore adding Bitcoin to Meta’s corporate balance sheet, a move already adopted by companies like MicroStrategy and Tesla in recent […]
How James Wynn’s $100M Implosion Is a Leverage Tale as old as Time
The post How James Wynn’s $100M Implosion Is a Leverage Tale as old as Time appeared on BitcoinEthereumNews.com. Derivatives trader James Wynn emerged out of the woodworks a few weeks ago, flaunting 9-figure bitcoin positions on HyperLiquid as he went on a seemingly undefeatable run that culminated in around $100 million worth of profit. But […]
Binance Taker Sell Pressure Signals Market Divergence—Bull Trap Risk Rises
The post Binance Taker Sell Pressure Signals Market Divergence—Bull Trap Risk Rises appeared on BitcoinEthereumNews.com. Bitcoin Analysis Despite a bullish uptick in aggregate exchange flows, Bitcoin’s largest trading venue—Binance—is signaling caution. According to new data from CryptoQuant, a sharp divergence has formed between taker activity on Binance and other centralized exchanges (CEXs), potentially undermining short-term […]
Bitcoin Rallies as South Korea Eyes Crypto Policies for Voting
The post Bitcoin Rallies as South Korea Eyes Crypto Policies for Voting appeared on BitcoinEthereumNews.com. More than half of Korean investors expect BTC’s price to surge this week, showing optimism. Cryptocurrency policies are expected to influence over 60% of voters in South Korea’s election. Market sentiment remains mixed, with 39.2% neutral. 34.7% optimistic and 26.1% […]
XRP Price Prediction for June 2
The post XRP Price Prediction for June 2 appeared on BitcoinEthereumNews.com. A new week has started out bullish for the market, according to CoinMarketCap. Top coins by CoinMarketCap XRP/USD The price of XRP has declined by 0.18% over the last 24 hours. Image by TradingView On the hourly chart, the rate of XRP is rising after […]
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Circle raises its IPO funding goal to $896M
The post Circle raises its IPO funding goal to $896M appeared on BitcoinEthereumNews.com. Circle and its shareholders have increased the size and price of the company’s initial public offering, reflecting the apparent interest that investors have shown in owning a part of the USDC stablecoin issuer. According to a Monday filing with the SEC, the […]
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The post Best XRP rivals to buy for the next crypto bull market appeared on BitcoinEthereumNews.com. XRP price has crashed by 36% from its highest point this year, despite several positive developments, including ETF applications, the Hidden Road acquisition, and the conclusion of the SEC vs. Ripple case. Ripple (XRP) price may have a strong […]