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June 2, 2025

Singapore orders local crypto firms to cease overseas activity by June 30

June 2, 20250
Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of almost $200,000.

Crypto funds post $286M inflows as Ether tops buying: CoinShares

June 2, 20250
Ether led last week’s $286 million of net inflows to crypto ETPs, while Bitcoin investment products saw outflows of $8 million, CoinShares reported.

Bitcoin price levels to watch as ‘bear flag’ breakdown targets $97K

June 2, 20250
Bitcoin fell 11% from its $111K all-time highs as traders say BTC price could drop to $97K if key support levels don’t hold amid rising trade tensions.

Metaplanet becomes 8th largest Bitcoin holder with $118M buy

June 2, 20250
Metaplanet now ranks as the ninth-largest corporate Bitcoin holder with over 8,888 BTC, surpassing Galaxy Digital and Block Inc. after a $117.9 million purchase.

Yuga Labs sells Moonbirds IP to Orange Cap Games

June 2, 20250
Orange Cap Games has acquired the Moonbirds, Mythics and Oddities NFT collections from Yuga Labs, just a year after the NFT conglomerate acquired them.

UK-listed IG Group launches crypto trading to retail investors

June 2, 20250
The new launch expands IG’s existing cryptocurrency offering, as the company has previously offered crypto-based contracts for difference.

Meta won’t buy Bitcoin as shareholders knock back treasury idea

June 2, 20250
Meta shareholders shut down a proposal to assess whether Bitcoin should be added to its balance sheet, with just 0.08% of votes in favor of the idea.

Silk Road founder’s 300 Bitcoin payday unlikely ‘a self donation’ — ZachXBT

June 2, 20250
ZachXBT says both the wallet addresses that sent Silk Road founder Ross Ulbricht 300 Bitcoin were active in 2014 and 2019 while he was in prison.

Elon Musk says X’s DM feature XChat to have ‘Bitcoin-style encryption’

June 2, 20250
Elon Musk says X’s new direct messaging feature will have “Bitcoin-style encryption,” which Bitcoiners were quick to correct and explain the technicalities.

World Vision first nonprofit to trade crypto in South Korea after ban lifted

June 2, 20250
World Vision cashed out nearly $1,500 worth of Ether received in a campaign in March that asked Upbit users to donate to help kids who can’t afford school supplies.
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