Crypto News
Why You Are Thinking About Ethereum All Wrong
Current narratives around Ethereum would suggest the blockchain network is in distress. EY's Paul Brody explains what the critics get wrong.Source link
Robinhood Reports Significant Growth in May 2025 Operating Metrics
Robinhood Markets, Inc. reveals impressive growth in customer base and trading volumes in May 2025, marking substantial year-over-year increases in several key areas. (Read More)Source link
Saylor Declares Bitcoin Winter Over, Says BTC Headed for $1 Million
Strategy co-founder Michael Saylor is brushing off Wall Street skeptics, claiming the company’s bitcoin-backed financial model makes shorting its stock a losing bet—and declaring that bitcoin is headed to $1 million. Saylor: Short Strategy at Your Peril This week, Strategy added 1,045 bitcoin to its reserves, bringing total holdings to 582,000 BTC—valued at more thanSource link
U.S. Strategic Bitcoin Reserve Marks Milestone in Institutional Adoption: Gemini
*** NOT FOR PUBLICATION - EMBARGOED TILL 12PM ET JUNE 11 ***The formation of a U.S. Strategic Bitcoin Reserve (SBR) marks a pivotal step in bitcoin’s BTC evolution as an institutional asset, crypto exchange Gemini said in a Thursday report co-authored with data firm Glassnode.With over 30% of circulating supply now held by centralized entities including exchanges, exchange-traded funds (ETFs), companies and sovereigns, bitcoin is undergoing a structural shift driven by long-term capital and strategic custody, the report said.Each sovereign dollar invested in bitcoin carries an outsized impact, the report said, with $1 of SBR capital potentially generating $25 in market cap expansion and $1.70 in lasting value. This shows the "reflexive power of institutional inflows."U.S. President Donald Trump directed...
PayPal Expands PYUSD Stablecoin to Stellar, Joining Ethereum and Solana
The payment giant's stablecoin product will soon be available on the blockchain network behind XLM.Source link