Ethereum Sees Major Upside Amid Cooling Inflation and Trade Optimism Ether (ETH) surged 5.56% on June 11, climbing to a 10-day high of $2,873.46, after two major catalysts hit the global markets: a softer-than-expected U.S. Consumer Price Index (CPI) report and news of a tentative U.S.–China trade agreement. These macro developments have fueled a broader risk-on rally across digital and traditional asset classes. “Ether has now gained nearly 12% this week, decisively breaking past the $2,800 resistance level on strong volume.” Macro Factors: CPI and Trade Pact Drive Risk Appetite The rally was initially sparked on Tuesday night when negotiators…
Author: Blockto Team
U.S. Crypto Policy Unlocks Global Momentum Ripple President Monica Long has declared that regulatory clarity in the United States marks a game-changing moment for the blockchain industry. Speaking at the XRPL Apex event in Singapore, Long emphasized that clear rules are ending years of uncertainty, creating a new wave of institutional confidence and paving the way for digital asset innovation worldwide. “This shift is creating new momentum and unlocking significant opportunities for digital asset innovation on a global scale,” said Long. The announcement comes as the U.S. government advances its regulatory framework for digital assets — a development Ripple has…
Strategic Financing Move to Support AI and BTC Operations Bitcoin miner and AI data center operator IREN has unveiled plans to raise $450 million through a private sale of convertible senior notes maturing in 2029. According to the company, the offering could expand by an additional $50 million if initial purchasers exercise their option. The fundraising initiative is aimed at managing potential equity dilution and market risk via capped call transactions and a prepaid forward share repurchase strategy. The convertible notes will be issued to qualified institutional buyers and will pay semiannual interest. They are unsecured and can be converted…
Redefining Stability in Digital Assets World Liberty Financial has officially launched USD1, a new U.S. treasury-backed stablecoin, on the TRON blockchain. Backed by a Trump family enterprise, USD1 is positioned to bring unprecedented regulatory confidence and institutional-grade stability to the stablecoin market. USD1 is fully backed by U.S. Treasuries and cash equivalents, offering rock-solid stability while leveraging TRON’s scalable blockchain infrastructure. TRON’s High-Performance Foundation By deploying USD1 as a TRC-20 token, the initiative takes full advantage of TRON’s low fees, high throughput, and fast confirmation times. This choice ensures a seamless user experience for both individual and institutional participants in…
Jump Crypto, Amber Group, and Industry Leaders Back SOON’s Vision Solana Optimistic Network (SOON) has announced a $5 million strategic investment led by Jump Crypto, Amber Group, and prominent angel investors. This funding round aims to accelerate the development of high-performance blockchain infrastructure, expand into real-world assets (RWAs), and scale its AI-powered copy-trading platform. This brings SOON’s total funding to $27 million, following a prior $22 million raise via an NFT sale. Among the participating angel investors are industry leaders such as Nana Murugesan (zkSync), Mark Hull (Kamino Finance), Chris Hermida (Switchboard), and Tori Cohen (Wormhole). Their involvement signals deep-rooted…
Germany’s FIU Reports 8.2% Spike in Suspicious Crypto Activity Germany’s Financial Intelligence Unit (FIU) has revealed a sharp increase in crypto-related crimes in 2024, despite a drop in overall Suspicious Activity Reports (SARs). The agency’s annual report, released on June 10, 2025, shows 8,711 crypto-related SARs submitted last year—an 8.2% rise from the 8,049 cases reported in 2023. “Crypto-linked criminal activities have reached an all-time high,” the FIU warned, calling attention to evolving digital financial threats. The report was published in Cologne and aligns with global trends showing increasing exploitation of cryptocurrencies in illegal financial activities. Bitcoin, Ethereum, Tether Among…
Over $2 Billion in Repayments Remain Unapproved Bankrupt cryptocurrency exchange FTX is facing renewed pressure from users seeking to unlock $2.2 billion in still-disputed claims. While the second round of repayments began on May 30, involving over $5 billion in digital assets, many creditors have yet to receive approval for their claims due to unresolved disputes and KYC verification issues. According to creditor representative Sunil, a member of the FTX Customer Ad-Hoc Committee, current allowed claims total $7.5 billion, while total estimated allowed claims are projected to reach $10.6 billion. “30% of allowed claims are still under dispute,” Sunil wrote…
Inflation Data Offers Relief to Risk Assets The May U.S. Consumer Price Index (CPI) report was released to much anticipation, and it brought a dovish surprise. The headline CPI rose just 0.1% month-over-month, lower than the expected 0.2%, while Core CPI—which excludes food and energy—also increased only 0.1%, below the forecast of 0.3%. Year-over-year, headline CPI came in at 2.4%, and core CPI at 2.8%—both in line or slightly below expectations. This signals moderating inflation pressures, giving the U.S. Federal Reserve room to consider rate cuts later this year, especially as inflation cools toward the Fed’s 2% target. Market Reaction:…
Nasdaq-Listed Fitness Firm Leverages Crypto and AI Interactive Strength (Nasdaq: TRNR) has announced a bold new strategy to raise up to $500 million for building a crypto treasury focused on Fetch.ai’s native token (FET). The company disclosed that it has already received $55 million in initial investment from DWF Labs and ATW Partners, marking a significant step toward integrating cryptocurrency into its long-term business model. “We believe acquiring FET tokens could dramatically accelerate long-term value creation for TRNR shareholders,” said CEO Trent Ward. AI Meets Crypto: Why FET? Fetch.ai is a decentralized platform using autonomous AI agents to support use…
Market Shift Toward Retail as Institutional Activity Declines Shiba Inu (SHIB) is witnessing a massive decline in whale transactions, as large trades over $100,000 have dropped by 91.5% in just four days. This sharp reduction in high-volume activity suggests a risk-off stance among major investors, as the market anticipates fresh U.S. inflation data. This shift has handed market influence to retail investors, increasing volatility and short-term price responsiveness. The U.S. Consumer Price Index (CPI) for May is expected to rise to 2.5%, up from 2.3% in April. This would mark the first inflation increase since January 2025 and could influence…