Author: John Smith

DeXe price has surged 54% to a new yearly high after a technical breakout and a sharp rise in trading volume triggered aggressive buying activity. Summary DeXe price surged 54% to a new yearly high as trading volume spiked and resistance levels broke. A double-bottom breakout and bullish momentum indicators helped drive aggressive buying pressure. Limited exchange supply and short-covering activity amplified the token’s rapid advance. According to data from crypto.news, DeXe (DEXE) price climbed 54% to an intraday high near $24.70 on June 23, extending gains from the previous session and reaching a new yearly high. The rally unfolded…

Ethereum traded at $1,686.49 at the time of publication, down 3.32% over 24 hours and 4.25% over seven days.  Summary Ethereum traded near $1,686 at press time, with 24-hour losses above 3% and weekly weakness intact. ETF outflows and falling open interest show institutions and derivatives traders remain cautious on ETH. Ethlabs launched with Joe Lubin backing, but weak indicators still weigh on Ethereum sentiment. According to crypto.news data, ETH showed 24-hour volume at $12.36 billion, with ETH moving between $1,683.78 and $1,773.96 during the session. The move replaced the earlier $1,719 level with a weaker market reading. ETH’s market…

China has outlined plans to strengthen anti-money laundering enforcement, expand scrutiny of virtual currency-related crime, and deepen international cooperation as authorities prepare the country’s financial security framework for the next five-year policy cycle. Summary China said it will intensify action against virtual currency laundering, cross border money laundering networks, and other financial crimes under its anti money laundering framework. Authorities reported more than 2,000 money laundering convictions in 2025 and pledged stronger enforcement cooperation with foreign jurisdictions. The People’s Bank of China said criminals increasingly use virtual currencies, underground banks, and new technologies to conceal and move illicit funds. The…

Bithumb, South Korea’s second-largest crypto exchange, will add Canton (CC) to its Korean won market on June 23.  Summary Bithumb will open Canton’s KRW market, giving Korean traders direct access to CC on Tuesday. CC momentum remains weak, with MACD bearish and RSI below neutral despite modest daily gains. Canton’s protocol change lowers onboarding friction after institutional partnerships expanded across Korea and Wall Street. The exchange said deposits and withdrawals would open within two hours of the notice, while trading would start at 14:00 local time. The exchange will support Canton through Canton Mainnet only. Bithumb set the reference price…

President Donald Trump has signed two executive orders designed to accelerate U.S. quantum computing development and prepare federal agencies for the potential security risks posed by future quantum machines. Summary Trump signed two executive orders to accelerate U.S. quantum computing development and prepare agencies for future encryption risks. The orders direct intelligence officials to assess the impact of advanced quantum computers and the transition to post-quantum cryptography. Bitcoin, Ethereum, and Algorand communities are already exploring different strategies to protect blockchain networks from future quantum threats. According to the White House, Trump approved the measures on June 22 as part of…

Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest BTC purchase. Summary Strive bought 759 BTC for roughly $50 million, increasing its holdings to 19,864 Bitcoin. The weekly purchase exceeded Strategy’s 520 BTC acquisition, a rare lead over the largest corporate holder. Backed by its SATA preferred stock program, Strive continues expanding its Bitcoin treasury toward a planned $4.2 billion deployment. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin treasury company acquired the coins between June 15 and June…

Ethereum has added a new independent research organization backed by Joe Lubin, Bitmine, and Sharplink, bringing together five former Ethereum Foundation researchers. Summary Ethlabs launches with backing from Joe Lubin, Bitmine, Sharplink, and other Ethereum ecosystem contributors. Five former Ethereum Foundation researchers have joined the nonprofit to focus on core protocol research. The organization will study scaling, settlement, interoperability, and infrastructure for institutional adoption. According to an announcement from Ethlabs, the newly launched nonprofit research group has secured support from Bitmine, Sharplink, Anchorage, Octant, SNZ, and other Ethereum ecosystem participants. The organization did not disclose how much funding it has…

Crypto-backed political action committees have spent more than $8 million supporting candidates in congressional primary races across three U.S. states ahead of Tuesday’s elections. Summary Crypto-backed PACs linked to Fairshake have spent more than $8 million ahead of key congressional primaries in Maryland, New York, and Utah. Protect Progress directed most of its spending toward Adrian Boafo and Ritchie Torres, while opponents criticized the role of outside money in the races. With Colorado and Arizona primaries approaching, Fairshake’s past spending patterns suggest those states could attract future crypto PAC funding. According to filings with the U.S. Federal Election Commission, much…

SpaceX stock has fallen more than 10% in early U.S. trading after analysts initiated coverage without assigning a price target, adding to investor concerns about the company’s valuation following its record-breaking market debut. Summary SpaceX stock fell more than 10% after KeyBanc initiated coverage with a neutral rating and no price target. KeyBanc cited balanced risk-reward despite strong growth prospects from Starlink and AI-related opportunities. The decline coincided with SpaceX’s first bond offering as investors weighed valuation concerns after its blockbuster IPO. According to a June 22 report from Barron’s, analysts at KeyBanc began coverage of SpaceX with a “Sector…

XRP Ledger has deployed fixes for several software issues after a security review uncovered edge cases and bugs in the network’s core implementation. Summary XRP Ledger fixed multiple software issues in the XRPL 3.2.0 upgrade after Common Prefix uncovered bugs and edge cases during a formal security review. Common Prefix will next conduct formal verification of XRPL’s Single Asset Vault and Lending Protocol proposals as development expands into DeFi and tokenization. XRP rose about 3.6% to an intraday high of $1.16, while debate continued over Ripple’s XRP escrow strategy and future token releases. According to the XRP Ledger Foundation, the…