Bitcoin’s Iran rally faces Japan rate test as it weighs 31-year high

Bitcoin’s Iran rally faces Japan rate test as it weighs 31-year high
Bitcoin’s current relief rally is built on the back of the framework agreement between the US and Iran to halt their conflict and reopen the Strait of Hormuz, which sent Brent crude down roughly 5% to $82.95 and rippled through every asset that trades on inflation expectations. Bitcoin registered an intraday high of nearly $67,300 … Read more

Franklin Templeton new ETFs would convert US companies stock dividends into Bitcoin exposure

Franklin Templeton new ETFs would convert US companies stock dividends into Bitcoin exposure
Franklin Templeton, the $1.78 trillion asset management firm, is attempting to push cryptocurrency deeper into conventional investment portfolios with a new proposal that would automatically redirect stock dividends into Bitcoin exposure. On June 18, the asset manager filed paperwork with the US Securities and Exchange Commission (SEC) to launch two exchange-traded funds that would hold … Read more

Why Bitcoin fell below $63K after the oil shock finally eased

Why Bitcoin fell below $63K after the oil shock finally eased
Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263 while oil was falling and ships were moving through the Strait of Hormuz for the first time in weeks. Today, June 19, it then continued to experience weak price … Read more

Bitcoin ETF outflows expose split demand after Warsh’s Fed debut

Bitcoin ETF outflows expose split demand after Warsh’s Fed debut
US spot Bitcoin ETFs turned negative on June 17, yet fund-level flows revealed a split market, with some products still attracting fresh capital. Farside Investors recorded $82.2 million of net outflows across the US spot Bitcoin ETF group. but the split underneath that total carries more signal than the headline number. ARKB lost $43.5 million, … Read more

Pump Fun revenue slows as Collector Crypt’s $5.1M card-pack week reshapes Solana’s consumer loop

Pump Fun revenue slows as Collector Crypt’s $5.1M card-pack week reshapes Solana’s consumer loop
DefiLlama shows Pump.fun generated $108.3 million in gross revenue during the first quarter and $69.2 million in the second quarter to date, marking a 36.1% decline from the prior quarter’s pace. The broader Pump stack, which includes PumpSwap and Terminal alongside Pump.fun, shows Q2-to-date gross protocol revenue of $179.3 million, 37.5% below the first quarter’s … Read more

CME lawsuit challenges whether Kalshi’s Bitcoin leverage push can become an everything-exchange

CME lawsuit challenges whether Kalshi’s Bitcoin leverage push can become an everything-exchange
The CFTC approved KalshiEX’s BTCPERP contract on May 29, one day after Kalshi submitted it under Regulation 40.3. The contract references spot Bitcoin, carries no expiry date, and perps generally allow leverage as high as 50-to-1, with automatic liquidation that can wipe out positions during sharp moves. CME CEO Terry Duffy announced the company would … Read more