Crypto

Thirteen months ago, Pi Network announced a Silicon Valley-style venture fund to seed its ecosystem. Summary Pi Network Ventures was announced as a $100 million ecosystem fund, but only one investment has been publicly disclosed. The fund’s PI-token component makes its real dollar value unclear after PI’s sharp decline since the announcement. OpenMind is a…

Stocks, gold, and silver rallied sharply following Trump’s announcement, while crypto markets showed a slower initial response. Optimism across global financial markets increased after US President Donald Trump announced that planned American strikes on Iran had been canceled. New data shared by Santiment revealed that discussions on social media about peace talks, ceasefires, agreements,…

Crypto search interest is rising again in June, according to Alphractal data, as retail investors appear to be paying closer attention to digital assets after months of weaker activity. Summary Crypto searches rose again in June as retail investors started tracking digital assets more actively. Alphractal said search spikes often appear during moments of market…

Friday has rolled around again, which means more Bitcoin and Ether options contracts are expiring as the spot bear market deepens.  Around 35,000 Bitcoin options contracts will expire on Friday, June 12, with a notional value of roughly $2.23 billion. This is slightly larger than last week’s, but is still unlikely to impact spot…

Plasma’s native token XPL rose by double digits on June 12 as traders moved ahead of next week’s Plasma One card tier launch. Summary XPL rose about 30% as traders positioned before next week’s Plasma One card tier launch. CoinGlass data showed XPL volume jumped 232%, while open interest rose 51.81% during the rally. The…

The latest data suggests pressure is building gradually rather than triggering the widespread shutdowns seen during previous bear markets. Bitcoin miners are facing growing financial strain as falling prices and shrinking revenue push several key industry indicators into what analyst Axel Adler Jr. has described as a “stress zone.” But while the pressure is…

Avalanche Treasury Co. had a weak first trading session on Nasdaq as its stock closed sharply lower under the ticker AVAT. Summary AVAT closed 38.13% lower as investors priced Avalanche exposure through a new Nasdaq-listed treasury vehicle. Avalanche Treasury holds about 15 million AVAX while the token remains near early 2021 levels. AVAX traded at…

Moreover, the POTUS said the permanent peace deal between the two nations is almost done. Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main…

The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked crypto. About $768K of the funds moved to Coinbase Prime, according to Arkham data. Arkham data shows US government crypto holdings total about $20.93B. Blockchain data shows that most of…