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Tokenized Stocks Triple Holder Count Since January as Transfer Volume Hits Record $2.2B
Tokenized stocks have seen tremendous momentum ever since gaining initial traction last year. Weekly transfer volume across all chains crossed $2 billion for the first time last week, landing at $2.2 billion. Apart from this throughput growth, the number of holders is another metric that has shot up in tandem. This number has tripled since...Cryptopolitan
Wed, Jun 24
Pi Network Price Forecast: PI approaches key crossroads as bullish momentum wanes
Pi Network (PI) price trades below $0.1300 at press time on Wednesday, following a 4% decline the previous day. The PI token remains under intense selling pressure as the broader market risk-off sentiment weighs down.Fxstreet
Wed, Jun 24
Chainlink Price Forecast: Global FX infrastructure partnership fails to lift sentiment
Chainlink (LINK) trades near $7.68 at the time of writing on Wednesday, falling nearly 2% so far this week. LINK remains under pressure despite announcing a strategic working group with several multinational organizations across Europe and South Korea to modernize foreign exchange infrastructure.
Fxstreet
Wed, Jun 24
Cboe launches S&P 500 prediction markets as CFTC sues Kentucky over Kalshi and Polymarket
Cboe Global Markets launched its prediction-markets suite on June 23 with binary option contracts on the Mini-S&P 500 Index, listed as XSPBW and XSPBX. The contracts went live on Interactive Brokers Tuesday and roll out to Charles Schwab in the coming months. The XSP contracts work like Kalshi and Polymarket event contracts economically. A “yes”...Cryptopolitan
Wed, Jun 24
Why did Alphabet-Google join the Dow and what does it mean for the markets?
Alphabet (GOOGL, GOOG), Google’s parent company, is getting a seat in the Dow Jones Industrial Average before trading starts on June 29, while Verizon (VZ) is getting kicked out. S&P Dow Jones Indices, owned by S&P Global (SPGI), manages the index and made the call. For markets, the reason is pretty clear. The Dow wants...Cryptopolitan
Wed, Jun 24
CryptoQuant warns Michael Saylor’s Strategy to halt Bitcoin buys as cash reserves plunge 38%
Crypto analytics firm CryptoQuant suggests Michael Saylor’s company Strategy (formerly MicroStrategy) take a break from accumulating Bitcoin and direct resources toward rebuilding its cash buffer. CryptoQuant has raised concerns over Strategy, warning that the firm may need to slow or temporarily halt its aggressive Bitcoin accumulation strategy as its cash reserves have reportedly fallen by...Cryptopolitan
Wed, Jun 24
Solana Price Forecast: Bearish derivatives and weak momentum put key support at risk
Solana (SOL) trades below $70 at the time of writing on Wednesday, after falling nearly 4% so far this week. Weakening derivatives positioning and deteriorating technical outlook suggest the selling pressure could accelerate, hinting at a deeper correction.
Fxstreet
Wed, Jun 24
Investors rush into Elon Musk-SpaceX’s $25 billion bond sale despite richer-than-normal yields
SpaceX ($SPCX) is selling $25 billion of bonds to big-money investors, and retail buyers are still lining up even though the company is paying more than other borrowers with similar credit scores. Initially, the sale was planned for $20 billion, however, there was such a high demand that bankers raised the sale by $5 billion...Cryptopolitan
Wed, Jun 24
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC under pressure, ETH loses key support, XRP momentum weakens
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday after falling slightly the previous day. BTC trades below $63,000, ETH slips below $1,700, while XRP momentum continues to weaken.
DOJ strikes at Huione Group infrastructure in bid to choke billions in crypto fraud flows
On June 23, the U.S. Department of Justice seized a cloud computing account used to power backend systems tied to Cambodia’s Huione Group, escalating a global push to disrupt crypto-enabled fraud laundering networks operating across messaging platforms and blockchain rails. The move targeted infrastructure supporting Huione Guarantee, a Telegram-based marketplace alleged by U.S. authorities to...Cryptopolitan
Wed, Jun 24
SpaceX raises $25 million in debt sale
Elon Musk’s SpaceX has on Tuesday marked the rocket and satellite company’s inaugural bond sale, after it raised at least $25 billion in a senior unsecured notes offering less than two weeks after going public in a record IPO. As previously reported by Cryptopolitan last week, the debt sale was said to be in preparation...Cryptopolitan
Wed, Jun 24
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