How to Understand a Stablecoin Attestation Report (Step-by-Step Guide)

Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations…

BTC’s Illiquid Supply Climbs to 72% of Total Circulating Supply, Reflects Strong HODL Trend

Bitcoin’s illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data. With bitcoin’s current circulating supply standing at approximately 19.8 million, this means over 72 percent of all mined BTC is now classified as illiquid. Illiquid supply refers to the portion of BTC…

Bit Digital Pivot to Ethereum from Bitcoin

Shares in Bit Digital fell by nearly 4% on Wednesday after the crypto mining firm announced it would wind down or sell its Bitcoin mining infrastructure and use the proceeds to buy more Ether. In a statement, the company said it would gradually convert its entire Bitcoin (BTC) stack to Ether (ETH), but it did…

Hong Kong Puts Stablecoins and Tokenization at Core of New Crypto Policy

Hong Kong’s latest digital asset blueprint places stablecoin regulation and asset tokenization at the heart of its strategy to become a global crypto and fintech hub. The policy statement, issued on Thursday, introduces a framework known as “LEAP,” targeting legal clarity, ecosystem expansion, real-world applications and talent development. It builds on the foundation laid by…

$20B Bitcoin Options Expiry Set To Benefit BTC Bulls

Key takeaway: Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside risk were already bracing for a steeper decline. This recent price recovery may give bulls a key opportunity to solidify…

ETH Futures Advise Caution Even As ETF Flows Soar

Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Ether (ETH) price lost 4% in the past seven days while the broader cryptocurrency market capitalization gained 1%, calling into question…

Ledger’s Sunset Plan For OG Nano S Draws Ire

Users across social media are dismayed after noticing Ledger, a major provider of hardware crypto wallets, announced last month it was sunsetting support for the Nano S. In its Spring update on May 30, Ledger said it was transitioning away from the Ledger Nano S, and as a result, new applications, feature submissions and app…

GameStop Stock Flat After $450M Capital Raise

GameStop shares have traded sideways despite another $450 million raise as part of its private convertible note offering for investments, which could include Bitcoin. The retailer disclosed to the US Securities and Exchange Commission on Monday that someone who opted into the initial $2.25 billion note offering has decided to purchase an additional $450 million….

ETH Futures Advise Caution Even As ETF Flows Soar

Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Ether (ETH) price lost 4% in the past seven days while the broader cryptocurrency market capitalization gained 1%, calling into question…

Crypto Exchange Kraken Secures MiCA License In Ireland

Cryptocurrency exchange Kraken announced that it can now expand its offerings and across European Union’s member states after securing a license under the Markets in Crypto-Assets (MiCA) framework. In a Wednesday notice, Kraken said it had received the MiCA license from the Central Bank of Ireland, allowing the exchange to offer regulated services to residents…