BTC breaks through $86,000

According to Lookonchain, Whale 0xc097 has withdrawn 13,037 ETH (about $35.50 million) from Binance in the past 24 hours. Abraxas Capital withdrew $44,612 ETH (~ $123 million) from Binance and Kraken in the last 14 hours.

Bakkt, a crypto trading and custody company listed on the New York Stock Exchange, announced that its board of directors has formally approved an updated corporate investment strategy that allows a portion of the funds to be allocated for investing in bitcoin and other leading cryptocurrencies. Bakkt said it will adopt a prudent strategy to strengthen its capital structure while maintaining rigorous risk management, while leveraging the management team's experience in their respective capital ma...

According to The Data Nerd, 2 hours ago, a whale bc1q57 withdrew 307.5 BTC (about $33.79 million) from Binance. Currently, he holds a total of 2,307 BTC (about $252.86 million), with an unrealized profit of about $79.05 million (45% return on investment).

NYSE-listed GameStop released its 2025 Quarter 1 results report, which disclosed: Net sales for the quarter were $732.40 million, operating loss was $10.80 million, and net income was $44.80 million; Cash, cash equivalents and marketable securities at the end of Quarter 1 were $6.40 billion compared to $1 billion at the end of Quarter 1 last year. The Canadian divestiture was completed on May 4 and 4,710 bitcoins were purchased in cash between May 3 and June 10. 

Nasdaq has filed an application with the Securities Exchange Commission (SEC) to list the 21Shares SUI ETF, a spot-traded fund based on SUI tokens. The 19b-4 filing has now been officially released to the SEC's public registry, marking the official start of the review process. The application follows 21Shares' S-1 registration filing in April, reflecting the institution's growing embrace of the Sui ecosystem. Together, the two documents advance the process of launching the SUI ETF in the US mark...

The 10 million LDOs that Paradigm Capital transferred to the 0xC4Db address yesterday have partially entered the CEX: 3.50 million LDOs (3.42 million USD) in the past hour went to Binance, OKX, Bybit.

1Confirmation Newsletter said that stablecoins represent one of the first products in the cryptocurrency space to go beyond speculation and truly fit the market. We are about to see an explosion of native applications of stablecoins on a scale far beyond speculation. Consumer applications: Polymarket has proven that stablecoin native applications can gain mainstream adoption, handle billions of transactions, and deliver truth and information to the world. This is just the beginning. Emerging mar...

On June 11, the Financial Times reported that Bullish, a cryptocurrency exchange backed by former PayPal CEO Peter Thiel, has filed confidential initial public offering (IPO) filings with the Securities Exchange Commission (SEC). Jefferies will act as lead underwriter for Bullish's previous attempt to list through a special purpose acquisition company (SPAC) in 2021, but the deal fell through the following year when rising US interest rates sent the stock market lower. So...

According to Bitcoin.com News, decentralized financial protocol Aave has been deployed on Soneium, an Ethereum two-layer network developed by Sony Block Solutions Labs. The deployment follows approval of a community governance proposal.

Starknet, the Ethereum Layer 2 network, announced in a post on the X platform that STRK Staking v2 is scheduled to go live on the mainnet on June 17. This upgrade brings two key features to validators: block proof and commission adjustment, allowing validators to increase commissions under strict conditions to protect principals. Starknet added that to ensure the stability of the mainnet implementation of this upgrade, the staking contract will be suspended for a few hours at deployment time, fo...

According to Newsis, Bank of Korea (BOK) Governor Lee Chang-young will meet with commercial bank governors at the Central District Bank Hall in Seoul on the 23rd of this month and is expected to discuss the issue of a won-based stablecoin issuance. The meeting will be accompanied by Deputy Governor Park Jong-woo, who is in charge of monetary policy and financial marekt. Previously, the Bank of Korea was cautious about the issuance of Korean won stablecoins by the non-banking sector due to the we...

The market shows that BNB broke through $670 and is now quoted at $670.17, with a 24-hour increase of 0.72%. The market fluctuates greatly. Please do a good job in risk control.