Crypto News
Bitcoin Price Watch: Bulls Defend Key Support as Momentum Cools
Bitcoin traded at $105,289 on June 4, 2025, with a total market capitalization of $2.09 trillion. The cryptocurrency’s 24-hour trade volume stood at $24.92 billion, within a daily price range of $105,293 to $106,854. Bitcoin On the 1-hour chart, bitcoin exhibited a micro downtrend leading into June 4, characterized by a consistent pattern of lowerSource link
Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
Australia's anti-money laundering regulator, AUSTRAC, enacted a series of measures for crypto ATM providers to clamp down on scammers using the devices to target the elderly.AUSTRAC is putting a $5,000 limit on crypto ATM cash deposits and withdrawals, requiring operators to enhance their customer due diligence obligations, include scam warnings and monitor transactions, CEO Brendan Thomas said in a statement on Monday.The response follows data that showed the ATMs were being used for scam and fraud-related transactions, and that scammers were targeting older members of the population. The regulator obtained data from nine crypto ATM providers that revealed crypto users over the age of 50 accounted for 72% of all transactions and 60-to-70 year olds for 29% of transactions.“It is...
Odds for South Korea Crypo Reform Rise as Lee Jae-Myung Wins Presidency
South Korea elects crypto-friendly Lee Jae-myung as president, promising Bitcoin ETFs and won-backed stablecoin to stem capital outflows.Source link
Blackrock’s Tokenized Money Market Fund BUIDL Tops $10M in May Dividends
BUIDL paid more than $10 million in dividends in May, marking its highest monthly payout to date. BUIDL Tops $43.4M in Dividends Since Launch BUIDL, or the Blackrock USD Institutional Digital Liquidity Fund, is an asset manager’s first tokenized money market fund, created in partnership with Securitize. The fund brings traditional money market exposure—U.S. TreasurySource link
Moscow Exchange Launches Bitcoin Futures for Qualified Investors
The Moscow Exchange has launched bitcoin BTC-linked futures contracts on Wednesday, yet the product is only available for qualified investors.The futures, seemingly tied to the value of the U.S.-listed iShares Bitcoin Trust ETF (IBIT), will be quoted in U.S. dollars per lot, though settlement will be handled in Russian rubles.The exchange said it would offer quarterly futures with the first expiration in September 2025, TASS reports.The launch builds on momentum from other Russian financial players exploring crypto exposure without direct asset ownership. The Saint Petersburg Stock Exchange, TASS adds, has been testing similar cash-settled futures.The country’s largest bank Sberbank is launching bitcoin futures along with the Moscow Exchange. Sberbank’s offerings also include structure bonds that track the price of bitcoin...