Cryptocurrency exchange Bitget has announced that it will be sponsoring MotoGP world championship. This is the first collaboration between MotoGP and a crypto company. MotoGP is also known as the F1 of motorcycle events.
Nobitex, an Iran cryptocurrency exchange has been targeted by Israel’s hackers. Hot wallets remain the top threat of all cryptocurrency exchanges. Tough hit, but at least they are stepping up to cover losses and secure cold storage. Lets hope the investigation brings clarity.
According to new sources, the trading volume of Binance Alpha is on a continuous decline from the past six days after reaching a peak volume of 2.04 billion dollars on 8th of June and dropping all the way to less than a billion, $987 million dollars to be exact on the June 14th 2025.
Walmart and Amazon are both considering their own USD-pegged stable coins to cut down on the payment costs and accelerate settlements as well. The plans hinge on the Genius Act’s regulatory clarity. Both firms may also join a merchant-led stablecoin consortium or adopt third-party solutions.
This proposal will convert 500,000 DOT into tBTC over the course of a year using Hydration’s rolling DCA feature.
Avalon Labs has announced burn of whopping 80 million AVL tokens that amount to 44-percent of total circulating supply. These tokens are part of the unclaimed airdrop that was launched last year.
Crypto stablecoins are coming major technology companies including Apple, X (twitter), Airbnb, and Google. This is being done to reduce the transaction costs and improve cross-border payment efficiency.
Bitcoin has dropped more than 3%, and Ethereum fell over 7% during the public fallout between the Elon Musk and Donald Trump. More than 220,000 cryptocurrency traders were liquidated with total liquidations reaching nearly $1-billion, almost all of which were long positions.
Micro Strategy is in the news once again with the company acquiring additional 705 bitcoins for a total of $75.1 million at 105,495 dollars. This has given them a bitcoin yield of 16.9 percent till date. As of 1st June 2025, the Micro Strategy holds 580,955 Bitcoins acquired for $40.68 billion at $70,023 per bitcoin.
Meme tokens pump hard, either in up or down direction. Most of the traders loose money on meme coins and tokens with only the developer and handful of people actually making money on meme coins. One such very lucky trader is James Wynn, who went long on PEPE with meager $7000, back in 2023.
