News & Research

Bitcoin (BTC) network volume has stabilized at $58.7 billion, reflecting a balance zone between the $40-$80 billion range. CryptoQuant analyst Axel Adler Jr. noted that past price peaks occurred when volume approached the upper boundary, while drops below $40 billion signaled weakening activity. The current volume suggests a consolidation phase, with future price movements likely depending on volume shifts.

Social media marketing firm Thumzup Media Corporation has entered into a $6.5 million registered direct offering to support its operations and pursue additional cryptocurrency acquisitions, according to Investing.com. The offering includes both common stock and non-voting Series C shares, with Dominari Securities LLC serving as the sole placement agent. The company’s board has approved a strategy to allocate up to 90% of its liquid assets to Bitcoin, with current holdings valued at approximately $1.8 million.

Robert Kiyosaki, author of the best-selling book "Rich Dad Poor Dad," announced on X that he purchased more Bitcoin, stating he believes it will reach $1 million per coin. He acknowledged the risk of being wrong but preferred taking the chance over losing out, citing his past experiences of learning from losses.

PancakeSwap (CAKE), a decentralized exchange (DEX), announced on X that its V3 liquidity pool is now live on the Solana blockchain. According to the post, liquidity providers can earn up to 84% of trading fees, while swaps between Solana-based tokens start at just 0.01%.

Asset manager Fineqia has introduced a Bitcoin (BTC) yield exchange-traded product (ETP) on the Vienna Stock Exchange, according to CoinDesk. It targets an annual return of 6% by applying decentralized finance (DeFi) strategies to BTC holdings.

Global Dollar (USDG), a stablecoin issued by regulated fintech firm Paxos, is now available in the EU and is fully compliant with the Markets in Crypto-Assets (MiCA) regulation, according to Walter Hessert, head of strategy at Paxos. The company also noted that USDG is regulated by the Finnish Financial Supervisory Authority (FIN-FSA) and the Monetary Authority of Singapore (MAS), CoinDesk reported.

Blockchain security researcher ZachXBT claimed in a post on X that North Korean IT workers primarily use Circle’s USDC to facilitate payments, criticizing the company for failing to detect or freeze these transactions despite publicly emphasizing its compliance efforts.

ARK Invest, the asset management firm led by Cathie Wood, sold 124,892 shares of Coinbase Global, a U.S.-based cryptocurrency exchange, on June 30 for about $43.8 million. According to The Block, the shares were sold across three of its exchange-traded funds—ARKK, ARKW and ARKF. Meanwhile, Coinbase shares have climbed 42.12% over the past month.

FTX creditor representative Sunil Kavuri stated on X that the defunct exchange has started repaying creditors, with claims under $50,000 fully repaid at 120% on Feb. 18 and claims over $50,000 receiving an initial 72.5% payout on May 30. Additional distributions are expected in multiple rounds between 2026 and 2027. Creditors with larger claims are set to receive the remaining 27.5%, along with potential post-petition interest ranging from 40% to 80%.

Polyhedra, the crypto team behind the ZKJ token, announced on X that it has launched the Phoenix Revival Program—a recovery initiative for users who had staked ZKJ on-chain as of 13:00 UTC on June 15. Eligible participants will receive future incentives, rewards tied to upcoming Polyhedra products and whitelist access to ecosystem airdrops. The roadmap features key ZK-based initiatives including zero-knowledge machine learning (ZKML), a regulatable privacy-stablecoin, a decentralized exchange (DEX) called Dark Pool and the ZK-native layer-1 (L1) blockchain EXPchain.