Category: Crypto News

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. 

Solana Labs‘s subsidiary, Solana Mobile has churned out second generation Seeker device that will start shipping on August 4th 2025. 

Pakistan has announced plans to allocate a portion of its surplus electricity to Bitcoin mining. Some of this will also be allocated to artificial intelligence data centers. He added that Pakistan has held discussions with several Bitcoin mining companies. The locations of the mining centers will be determined based on areas with excess power supply.

Binance founder, CZ has announced that Kyrgyzstan’s national cryptocurrency reserve will be utilizing two currencies, Bitcoin and Binance coin. CZ announced that he had accepted the invitation of Kyrgyz President Sadyr Japarov to join the Kyrgyz National Crypto Committee.