Cryptocurrency News

Crypto ETF flows stayed uneven on Wednesday, June 10, as bitcoin funds recorded a fourth straight day of outflows and ether ETFs remained under pressure. HYPE and XRP products drew modest inflows, while solana ETFs saw no trading activity. HYPE ETFs Add $2.78 Million as Bitcoin Funds Extend 4-Day Outflow Streak The crypto exchange-traded fund…Read More

After a recent meeting with Mexico’s President Claudia Sheinbaum at Mexico’s National Palace, Dimon stated that Mexico has a large opportunity to grow over the next 20 years, underscoring developments in energy, infrastructure and tech projects on Mexican soil. JPMorgan CEO Jamie Dimon Highlights Opportunities in Mexico’s Growing Economy JPMorgan Chairman and CEO Jamie Dimon…Read More

On social media, Bessent stated that any damages and expenses caused by Iranian attacks on the U.S.’s Gulf allies would be offset with funds extracted from Iranian accounts. Iranian officials claim there are over $100 billion in assets blocked due to U.S sanctions. Treasury Secretary Scott Bessent Warns Iran Will Deepen Its Financial Downfall With…Read More

Hungary’s new government revealed this week that it will fully decriminalize cryptocurrency trading and dismantle the punitive regulatory framework imposed under former Prime Minister Viktor Orban, removing jail sentences of up to eight years for ordinary users and providers, according to Bloomberg. A Sharp Reversal After One Election The Bloomberg report follows the April 12,…Read More

Bitcoin Magazine U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web Federal prosecutors charged two Eastern European nationals with operating AudiA6, a cryptocurrency mixing service and cybercrime platform that allegedly laundered nearly $400 million in bitcoin. This post U.S. Charges Two Men for $389 Million Bitcoin and…Read More

Despite major macroeconomic and geopolitical headwinds, bitcoin stabilized above $62,500, and global stock indexes closed marginally higher. Following a Truth Social post from President Trump, bitcoin reclaimed the $63,000 zone. Wholesale Inflation Surges Past Forecasts Bitcoin traded sideways Thursday, shaking off escalating Middle East tensions and a hotter-than-expected producer price index. While a post-midday sell-off…Read More

Bitcoin Magazine BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network BitGo launched Lightning Earn, enabling institutional bitcoin holders to earn BTC-denominated fees by providing Lightning Network liquidity through an integration with Amboss Rails. This post BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network…Read More

Bitcoin Magazine Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn Hungary is reversing its restrictive crypto laws, moving to decriminalize Bitcoin and cryptocurrency trading and eliminating penalties that had driven major digital asset firms out of the country. This post Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn first…Read More

Bitcoin Magazine Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization Nakamoto (NASDAQ: NAKA) sold roughly 600 Bitcoin and related derivatives for $48 million to retire $45 million of debt, refinanced its remaining Kraken loan at a lower interest rate with extended maturities, authorized a $25 million share buyback program, and…Read More

Bitcoin Magazine Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race Public companies added a net 43,557 BTC worth $3.2 billion in May, led by Strategy’s continued accumulation. This post Public Companies Added 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race first appeared on Bitcoin Magazine and is written…Read More