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Author: John Smith
Stablecoin issuer Tether plans to open-source its Bitcoin Mining Operating System, allowing companies of all sizes to access and operate mining infrastructure independently, without relying on proprietary third-party software. The announcement was made by Tether (USDT) CEO Paolo Ardoino, who described the initiative as a push to “make mining great again.” Tether’s MOS is built with a scalable, peer-to-peer IoT architecture that can adapt from small setups using Raspberry Pi boards to large mining sites managing hundreds of thousands of machines. It already supports a wide array of mining hardware vendors, air-cooled and immersion containers, and electrical components such as…
IX Swap token price surged for four consecutive days, reaching its highest level since March 4. IX Swap (IXS) climbed to a high of $0.2692, marking a 155% increase from its April low. The rally coincided with a sharp rise in on-chain activity, as the number of active addresses jumped to 300, the highest since February. This spike in engagement likely reflects increased retail participation driven by fear of missing out. A good example of this is that its social dominance soared to 0.024%, the highest point since June last year. Also, the network growth soared to 176, up from…
Bitcoin treasury firm Strategy has acquired another 1,045 BTC for roughly $110.2 million, according to a June 9 filing with the U.S. Securities and Exchange Commission. The average purchase price was $105,426 per Bitcoin (BTC). With this move, the company’s total Bitcoin holdings now stand at 582,000 BTC, worth over $62 billion at current market prices. The acquisition, conducted between June 2 and June 8, was financed through proceeds from Strategy’s recent $1 billion preferred stock offering. The company issued 11.76 million shares of its 10% Series A Perpetual Preferred Stock at $85 per share, aiming to raise capital for…
Mercuryo has launched Passkey, a new biometric login feature designed to make Web3 payments faster, safer, and easier for users. The update replaces traditional one-time passcodes with fingerprint or face ID verification, allowing users to access their accounts with just a screen lock, according to a note shared with crypto.news. Passkey, developed by the FIDO Alliance, stores encrypted login credentials directly on a user’s personal device. The integration will be available across Mercuryo’s network of more than 200 partners, including major non-custodial wallets like Trust Wallet. Users on iPhone, Android, and Windows devices can use Passkey to securely and seamlessly…
Why are traders piling into $300K Bitcoin calls while hedging at $85K fades? Is this a signal the market is bracing for something explosive? Bitcoin price reclaims $107,000 as political jitters fade Bitcoin (BTC) has quietly stabilized after a volatile week in which political headlines briefly disrupted market sentiment. The public dispute between U.S. President Donald Trump and Elon Musk pushed BTC toward the $100,000 mark, raising concerns about short-term confidence. The decline, however, proved temporary. Over the weekend, Bitcoin began to recover, and as of Jun. 9, it is trading around $107,800, up nearly 2% in the past 24…
Wall Street has now set its sights on altcoins, and inflows could follow if Bitcoin holds above a key level, says MEXC COO. Recent crypto IPOs and treasury announcements highlight growing institutional interest in Bitcoin (BTC). This demand could soon extend to proven, low-volatility altcoins, according to Tracy Jin, COO of MEXC, who spoke with crypto.news. However, such a shift will largely depend on whether Bitcoin maintains strength above a critical threshold. “Capital markets are reopening to digital asset firms with credible models, while financial engineering — like Strategy’s hybrid fixed-income Bitcoin offering — signals a maturing appetite for low-volatility…
Shiba Inu price has already dropped 30% from its May high, and ongoing whale activity suggests further sell-off may be ahead this month. Shiba Inu (SHIB) has fallen from its May peak of $0.00001757 to $0.00001260, currently hovering at its lowest level since May 7. On-chain data reveals that whales have continued offloading their SHIB holdings this month—a sign that larger investors expect more downside. Santiment data shows that holders with between 100 million and 1 billion tokens hold 17.96 trillion tokens down from 19.5 trillion in the same period last year. Similarly, holders with between 1 million and 100…
Dubai’s real estate market hit almost $400 million in tokenized property sales amid major institutional moves, including RWA inclusion in VARA guidelines and the launch of a government-backed RWA platform by the DLD. Dubai’s real estate market recorded over $399 million in tokenized property sales in May, accounting for 17.4% of total transactions. The milestone came amid a broader real estate boom, with total property sales reaching 66.8 billion dirhams (approximately $18.2 billion) across 18,700 transactions, according to figures reported by Cointelegraph. Source: Cointelegraph The sales milestone comes on the heels of major regulatory and institutional developments aimed at advancing…
Bitcoin’s recent correction raises the question: is this just a pullback, or the beginning of a range-bound market? A breakdown in structure may hint at deeper retracements ahead. Bitcoin (BTC) has seen a notable shift in momentum following a strong uptrend that began at the $75,000 swing low. After reaching new all-time highs, recent price action has faltered, failing to sustain its bullish trajectory. This has prompted traders to ask whether Bitcoin is gearing up for further upside, or settling into a broader consolidation phase. Technically, both outcomes are plausible, but recent structural changes suggest that Bitcoin may now be…
TrueNorth, backed by several prominent founders and venture capital firms, is building AI agents to help users discover new crypto tokens. Finding promising crypto projects remains a challenge for both new and experienced traders. On Monday, June 9, the founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs announced backing an AI project for crypto discovery. The current user journey for finding new tokens sucks.Hours wasted. Projects rugged. Money lost. TrueNorth is here to change that for good.Stay tuned 🤝— TrueNorth (@get_truenorth) June 9, 2025 The project, founded by WOO COO Willy Chuang and ex-Temasek AI tech investor…