Author: James Wilson

BlackRock has expanded disclosures for its proposed Bitcoin Premium Income ETF, reporting $9.99 million in net assets and a covered-call strategy tied to IBIT. Summary BlackRock updated its Bitcoin Premium Income ETF filing, disclosing a 0.65% sponsor fee and $9.99 million in net assets. The proposed BITA fund plans to generate income by selling covered call options on IBIT and related Bitcoin ETF indexes. Seed capital transactions included the purchase of nearly 110 BTC, 90,901 IBIT shares, and the writing of 856 options contracts. According to a June 10 filing with the U.S. Securities and Exchange Commission, BlackRock submitted a…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As traders focus less on BTC and XRP price swings, XRPPower attracts attention for long-term digital asset participation approaches. Summary Users are shifting from short-term crypto trading strategies toward more structured, long-term approaches to digital asset participation amid ongoing market volatility. XRPPower is an AI-driven platform offering automated participation models, where users select plans and the system executes predefined operations with real-time account updates. The platform emphasizes security and compliance features such as encryption, 2FA, AML controls, and references…

Bitcoin’s latest selloff pushed more than 50% of its circulating supply into an unrealized loss, according to K33 Research.  Summary More than half of Bitcoin supply now sits underwater after price briefly slipped below $60,000. Past cycles often bottomed within weeks, though Bitcoin sometimes recorded one final deeper decline afterward. Record ETP outflows and extreme fear pressure Bitcoin, while lower leverage reduces liquidation-driven market risk. More than 10 million BTC last moved above current prices after Bitcoin briefly fell below $60,000. The move also took Bitcoin under its 200-week moving average. K33 views the area near $60,000 as a possible…

Bitcoin price has fallen below $61,000 on June 10 as traders cut risk exposure ahead of the latest U.S. inflation report, extending a selloff that has already pushed the crypto asset more than 50% below its October 2025 record high. Summary Bitcoin price fell below $61,000 ahead of the U.S. CPI report as traders reduced risk exposure amid inflation and Federal Reserve uncertainty. Elevated oil prices and escalating Middle East tensions added to inflation concerns, keeping pressure on risk assets. Technical indicators remain bearish, with analysts watching the $60,000 support level and $55,000-$50,000 as the next major support zone. According…

Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. Summary Ant International is considering a $1 billion fundraising round that could value the business at more than $10 billion. The Singapore-based unit generated an estimated $3.7 billion in 2025 revenue and has remained profitable for eight consecutive quarters. Blockchain infrastructure, stablecoin payments, and global payment services have become central to Ant International’s international expansion plans. According to Bloomberg, Ant Group’s overseas arm is in early…

SpaceX’s planned public offering has attracted more than $250 billion in orders, nearly four times the $75 billion it aims to raise.  Summary SpaceX has attracted over $250 billion in orders for its planned $75 billion public offering. Crypto’s recent selloff offers early evidence of capital rotation, though other market pressures remain active. Nasdaq rules could admit SpaceX after 15 trading days, creating another potential demand wave later. The scale has renewed questions about whether the June 12 listing will pull capital from crypto markets. The IPO is expected to price Thursday at about $135 per share. Orders can still…

Ripple has joined Water.org’s Get Blue campaign as its exclusive digital asset and payments partner.  Summary Ripple joins Get Blue as exclusive digital asset and payments partner supporting Water.org’s lending model. RLUSD will help Water.org move funds faster to microfinance partners serving families across emerging markets. Get Blue combines corporate donations with affordable loans for household water and sanitation improvements worldwide. The blockchain company will provide seed funding and support fund transfers to local finance partners in emerging markets. Water.org says more than two billion people lack safe water at home. The nonprofit, co-founded by actor Matt Damon and engineer…

The U.S. government’s first insider trading prosecution involving a prediction market has advanced after a Manhattan court scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke. Summary Manhattan federal court has scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke in the first U.S. insider trading case involving a prediction market. Prosecutors allege Van Dyke used classified intelligence to turn a $33,000 Polymarket wager into more than $410,000 in profit. The case comes as Polymarket faces increasing scrutiny from U.S. lawmakers, regulators, and South Korean authorities. According to courtroom reporting from Inner City Press, U.S. District…

A House tax package for digital assets has drawn questions from lawmakers during an early committee hearing. The Ways and Means Committee reviewed bills meant to reduce crypto tax filing burdens. Summary House lawmakers reviewed crypto tax bills meant to reduce filing burdens for digital asset users, investors, and brokers. Democrats raised concerns that proposed mining and staking deferrals could create loopholes or new tax subsidies. The bills remain at the committee hearing stage and would need approval from both chambers before becoming law. Democrats raised concerns about proposed treatment for mining, staking, and small digital asset transactions. Lawmakers question…

Bitcoin’s recent selloff has yet to establish a durable market bottom as institutional demand remains absent and capital continues to leave spot Bitcoin ETFs, according to a new market note from Wintermute. Summary Wintermute says Bitcoin’s recent decline reflects a lack of institutional demand rather than isolated market events. Spot Bitcoin ETFs extended a 13-session outflow streak, shedding roughly $4.37 billion since mid-May. CryptoQuant data suggests capitulation may be approaching, with 50% of Bitcoin supply now sitting at a loss. According to data from crypto.news, Bitcoin (BTC) traded near $61,828 on Tuesday, down 3.18% over the past 24 hours and…