Crypto News

This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, June 13, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the first minting of the USD1 stablecoin on the TRON blockchain. Released by World Liberty Financial., the developerSource link

JPMorgan (JPM) raised its price targets for a number of bitcoin BTC mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday.The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT) objective to $14 from $13 and its MARA Holdings (MARA) target to $19 from $18."Our price targets generally increased due to higher bitcoin prices and improving mining profitability," analysts Reginald Smith and Charles Pearce wrote.JPMorgan said it tweaked the price targets to reflect a 24% increase in the bank's spot bitcoin assumption and a 9% increase to its network hashrate estimate.The hashrate refers to the total combined computational power used...

Bitcoin exchange-traded funds (ETFs) marked a fourth straight day of inflows totaling $86 million, while ether ETFs pushed their historic inflow run to 19 consecutive days, pulling in another impressive $112 million. Crypto ETF Momentum Builds With Bitcoin and Ether Funds Posting Strong Inflows The inflow optimism continued to sweep the crypto ETF markets onSource link

Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 gaming, including the ambitious MapleStory franchise.The firm has reportedly approached the family of Nexon’s late founder Kim Jung-ju, who controls a 44.4% stake in Nexon via holding company NXC Corp, to discuss a potential acquisition.Discussions are still preliminary, and there’s no guarantee they will result in a deal, the report states, citing sources close to the matter.If successful, Tencent would be acquiring a company with a $16.6 billion market capitalization, a move that could reignite its ambitions in global gaming M&A after a slowdown sparked by Chinese regulatory...

Major crypto liquidations sweep the market as altcoins plummet in response to rising tensions in the Middle East.Source link