Georgia plans to install electricity meters in Mestia to combat illegal crypto mining, which has surged electricity use to 133 million kilowatt-hours, costing the region $9.4 million annually. #Update #Crypto $BTC
@Kaiko has acquired Amberdata to enhance institutional-grade crypto data services, adding derivatives analytics and AI tools; the deal aims to support 250 global clients. #Update #Crypto $BTC $ETH
@Hyperliquid has surpassed $ETH in trading volume on certain days, attracting hedge funds as investors shift focus from major cryptocurrencies. The platform generated $800M revenue in 2025. #Update #Crypto $HYPE
The Digital Asset Market Clarity Act was added to the Senate Legislative Calendar for a floor vote this week, advancing regulatory clarity for digital assets. #Breaking #Legal $BTC $ETH
Bitcoin’s identity crisis persists as it is viewed variably as digital gold, a tech asset, or a trading instrument, impacting its price behavior amid macroeconomic shifts. #Update #Crypto $BTC
Charles Schwab plans to launch crypto trading and custody services for advisors by mid-2027, expanding access to $BTC and $ETH. #Update #Crypto
@Ripple’s RLUSD stablecoin expands into Turkey via partnerships with BiLira, Bitexen, and Bitlo, targeting a market with $200B in annual crypto transactions. #Update #Crypto $RLUSD
Tom Lee asserts that Strategy’s sale of 32 BTC is not a market concern, while $3.4 billion outflows from Bitcoin spot ETFs are seen as typical signs of a market bottom, with institutional interest remaining strong. #Update #Crypto $BTC
A dormant bitcoin wallet since 2011 moved 35.55 BTC on June 2, undermining Noah Doe’s abandoned-property claim in a $293B NY lawsuit. #Update #Legal
Andrew Yang’s Noble Mobile acquires Helium Mobile, built on the Helium network. Terms undisclosed; transition expected smooth. HNT down 7% to $0.64. Crypto $HNT
@MoneyGram has launched MGUSD, a dollar stablecoin on the Stellar network, enhancing its blockchain-based global payment services. #Update #Crypto $USDC
@MicroStrategy sold 32 BTC at $77,135, raising $2.5M for dividends, but still holds over 843,700 BTC; Bitmine’s Tom Lee views this as typical bottom behavior amid recent market anxiety. #Update #Crypto $BTC
A Polymarket trader lost $527K after @MicroStrategy’s first bitcoin sale since 2022, impacting prediction markets. The company sold 32 BTC for $2.5M. #Update #Crypto $BTC
@StriveAssetManagement acquired 2,500 $BTC for ~$185.2M, raising total holdings to 19,000 BTC amid a market dip. QTD yield is 23.0%, YTD yield at 36.7%. #Update #Crypto $BTC
