Coinbase Launches INR Access for Crypto
Coinbase expands in India with direct INR deposits and withdrawals via IMPS, enhancing local traders’ access to global liquidity. Registered with FIU-IND for compliance. #Update #Crypto
Stellar XLM Surges 14.1% Over Weekend
$XLM surged 14.1% over the weekend, while $BNB rose 7.9%, marking strong performances among cryptocurrencies. #Update #Crypto $XLM
Ethereum Purchases $53 Million by Bitmine
@BitmineImmersion bought 26,497 $ETH for $53 million last week, reducing its accumulation pace. Total holdings now reach 5.42 million $ETH, about 90% of its 5% supply goal. #Update #Crypto $ETH
Crypto Launches 0-Fee RealStocks Trading
@MEXC launches ‘RealStocks’ for U.S. equity trading, allowing users to own shares with real dividends and zero fees, validated by 20,000 beta users. #Update #Crypto $USDT
Bitcoin Sells 32 BTC for Dividends
Strategy sold 32 $BTC for $2.5M to fund preferred dividends, maintaining 843,706 BTC holdings worth $63.87B. Sale highlights dividend obligations. #Update #Crypto $BTC
Bitcoin ETPs Suffer $1.67B Outflow
Crypto investment products faced three consecutive weeks of losses, totaling $4.21B, with Bitcoin ETPs seeing a record outflow of $1.44B last week. #Update #Crypto $BTC
Stablecoins Risk Importing Old Market Flaws
European Central Bank’s Isabel Schnabel warns stablecoins may import financial vulnerabilities while urging modernization of public money through a digital euro to maintain stability. #Update #Crypto $EUR
Binance Launches US Stock Trading Platform
@Binance has launched US equities trading for eligible users and plans to introduce tokenized stocks, expanding its services beyond cryptocurrency. #Update #Crypto $BNB
Bitcoin Sells 32 BTC for $2.5 Million
@MicroStrategy sold 32 $BTC for $2.5 million between May 26-31 at an average price of $77,135 to fund preferred stock distributions. The company still holds 843,706 $BTC. #Update #Crypto $BTC
Tokenized Stocks Set to Hit $5.5 Trillion
Citibank projects the tokenized securities market could reach $2.6 trillion to $8.2 trillion by 2030, driven by blockchain adoption and regulatory advancements, with NYSE and Nasdaq planning tokenized stock trading. #Update #Crypto
Energy Investments Surge as Tech Trade Declines
@MorganStanley is diversifying client portfolios by investing in energy, gold, and infrastructure, moving away from tech. The focus is on real assets for better market response. #Update #Crypto $GOLD
Binance Trader’s $42M Gain Crashes
loracle.hl lost $42.2M in 18 days shorting HYPE, now down $5.19M more as HYPE hits record highs due to Hyperliquid’s buyback fund. #Update #Crypto
Coinbase Launches Indian Rupee Rails
Coinbase launches direct INR banking rails in India, enabling seamless rupee transactions via Immediate Payment Service, enhancing crypto adoption in the world’s leading market. #Update #Crypto
Bitcoin Bet: HYPE Beats Top-10 Coins
Arthur Hayes bets $100K on HYPE outperforming top-10 coins by year-end, following its surge to $70 amid institutional interest. #Update #Crypto