World Vision first to trade crypto in South Korea after ban

Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading. World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the…

Metaplanet buys 8,888 BTC, becomes 9th largest Bitcoin holder worldwide

Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post….

Ross Ulbricht 300 Bitcoin payday unlikely ‘self donation’

Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT. Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm…

World Vision first to trade crypto in South Korea after ban

Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading. World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the…

South Korea crypto industry wins on either election outcome

South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access. South Koreans will head to the polls on June 3 to elect a new president in a snap election to replace Yoon Suk-yeol, who was impeached…

Bitcoin heads toward $100K, but BTF futures predict recovery

Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,000 level over the next few days, but data suggests that prolonged trading…

Traders shift strategies amid tariff turmoil

Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets…

Traders shift strategies amid tariff turmoil

Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets…

Traders shift strategies amid tariff turmoil

Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets…

Top 5 cryptocurrencies to watch out for in the near term

Key points: Bitcoin remains stuck below $105,000 during the weekend, but the downside looks limited. Any relief rally in Bitcoin is likely to propel ETH, HYPE, TAO, and QNT higher. Bitcoin (BTC) remains stuck below the $105,000 level during the weekend, indicating that the sellers have maintained their pressure. CryptoQuant said in its latest report…