BlackRock just bought $357 million of these 2 cryptocurrencies

BlackRock , the world’s largest asset manager with over $11.5 trillion in assets under management, has once again demonstrated its deepening commitment to digital assets. According to on-chain data, BlackRock recently acquired 2,704 BTC (worth approximately $283.9 million) and 28,239 ETH (valued at $73.2 million). BlackRock bought 2,704 Bitcoin pic.twitter.com/Y8xzZ1RppT — Quinten | 048.eth (@QuintenFrancois) June 5, 2025 BlackRock’s iShares Bitcoin Trust ETF (IBIT) sees record inflows This strategic accumulation comes as BlackRock’s iShares Bitcoin Trust ETF (IBIT) rapidly climbs the ranks, now sitting among the top 25 ETFs globally by assets under management, with $72.4 billion amassed in just 1.4 years. Bloomberg ETF analyst Eric Balchunas highlighted IBIT’s “record-setting” inflows, $15.5 billion in just the first three months, putting it among the top ten ETFs in history for consistent inflow streaks. Here's a table of the Top 25 biggest ETFs and their age. At 1.4 yrs old $IBIT is youngest on list by NINE times. It's like an infant hanging out with teenagers and twenty-somethings. Quite poss the most insane IBIT stat yet (and there are many) via @SirYappityyapp pic.twitter.com/w63XSkD7f6 — Eric Balchunas (@EricBalchunas) June 3, 2025 In a further sign of institutional momentum, the Moscow Exchange (MOEX) announced it would debut Bitcoin futures linked to BlackRock’s IBIT ETF, available to accredited investors starting June 4, 2025. This offers Russian institutional clients a regulated channel to gain exposure to Bitcoin without holding the asset directly via a product tied to the world’s most dominant Bitcoin ETF . Featured image via Shutterstock The post BlackRock just bought $357 million of these 2 cryptocurrencies appeared first on Finbold .

Read more

Bitcoin Exchange Upbit Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

South Korea’s leading digital asset exchange Upbit has announced the listing of Ravencoin (RVN) on the Korean Won (KRW) exchange, further expanding access to its blockchain platform optimized for asset transfers. Upbit Lists Ravencoin (RVN) on KRW Market Starting June 5 Trade Details Asset: Ravencoin (RVN) Market: KRW Network: Ravencoin Start of Trading: June 5, 2025, 17:00 Users are advised to verify the network before depositing as only RVN-Ravencoin network transactions are supported. Deposits made via other networks will not be processed and may experience significant delays in refunds. To ensure a fair and stable trading environment, Upbit will implement the following temporary restrictions: Buy Orders are Blocked: For approximately 5 minutes after the start of trading. Sell Price Floor: Sell orders below 90% of the previous day's closing price will be restricted for the first 5 minutes. Order Type Restriction: Only limit orders will be accepted during the first 2 hours of trading. Based on the previous day's closing price on the BTC market, the reference price for RVN will be 0.00000011 BTC (≈15.97 KRW). Users must strictly comply with Upbit's deposit rules. Only user-owned wallets with completed ownership verification will be accepted. Deposits must be made from registered virtual asset service providers (VASPs); otherwise, they will not be reflected in user accounts. Unsupported deposits may require a lengthy refund process. What is Ravencoin? Ravencoin (RVN) is a blockchain platform designed for the efficient transfer of assets and tokens. Upbit’s addition of RVN to the KRW marketplace is another step towards expanding its token offerings and supporting its emerging blockchain infrastructure. *This is not investment advice. Continue Reading: Bitcoin Exchange Upbit Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

Read more

Bitcoin Miner Solo CK Possibly Hits Rare Block Reward Amid High Network Difficulty

Bitcoin miner Solo CK achieved a rare feat by successfully mining block 899,826, earning a substantial reward of 3.151 BTC on June 5, 2025. This accomplishment highlights the challenges and

Read more

‘Substantial Leg-Up Rally’ Coming for Stock Market, According to Fundstrat’s Tom Lee – Here’s Why

The head of research and co-founder of financial services firm Fundstrat says that many people continue to have reservations about stocks despite positive signals in the market. In a new interview on CNBC’s Closing Bell, Tom Lee says that there are still a number of people who are hesitant to engage with the equities market, regardless that the S&P is doing well and many investors are bullish. “In our calls and Zooms with portfolio managers, many are still cautious because they see tariff risks ahead, and they don’t have tariff resolution in hand. They can’t get bullish. I think the feedback we get from a lot of folks is that they think stocks shouldn’t be rising.” Lee says indicators hint at a bullish trajectory for the market. “I would say given the amount of cash on the sidelines, the fact that short interest is going up, and we have a quiet week and markets are rallying, I think the risk is now of a substantial leg-up rally from here.” He says that tariffs matter, but the higher rates will not have critical effects on the economy. “Remember, before February, before Trump sort of talked about this, the base case for many was a 15% tariff. Let’s say that we’re going to end up at 10%. That’s 10% on 15%, which is imports, which is about a 1% GDP effect. That’s not that different from oil going from $40 to $80. We wouldn’t say $80 oil breaks the economy anymore, so I think tariffs – we have to adjust to it, but it’s not the thing that takes us to 4000 S&P anymore.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post ‘Substantial Leg-Up Rally’ Coming for Stock Market, According to Fundstrat’s Tom Lee – Here’s Why appeared first on The Daily Hodl .

Read more

South Korea Considers Accelerated Bitcoin ETF Approval to Boost Crypto Market Growth

South Korea is accelerating the approval of Bitcoin ETFs, signaling a transformative shift in its crypto regulatory landscape aimed at fostering industry growth and investor confidence. The government’s regulatory reforms

Read more

BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

Victoria, Seychelles, June 5th, 2025, Chainwire Following the successful debut of the limited-edition BYDFi x Ledger Nano X hardware wallet at TOKEN2049 Dubai , global crypto exchange BYDFi and hardware wallet leader Ledger have launched a global campaign to engage crypto KOLs and content creators. With only 500 units available worldwide, the initiative invites Web3 participants to promote secure self-custody and mobile-first asset protection by applying to join this exclusive collaboration. Campaign Overview: Limited 500-Unit Cold Wallet Collaboration The BYDFi x Ledger campaign invites creators and KOLs to participate in a simple, open-entry initiative to receive a limited-edition wallet. To join, participants are encouraged to post on X using the hashtag #BYDFixLedger, share their thoughts on the collaboration, and submit a brief application form via the official campaign page. Selected applicants will receive the exclusive BYDFi x Ledger Nano X, along with special perks as part of the partnership program. Users can learn more and apply at: https://www.bydfi.com/en/ledger Product Highlight: BYDFi x Ledger Nano X The BYDFi x Ledger Nano X is a customized version of Ledger’s flagship cold wallet, equipped with Bluetooth, USB-C, and support for over 15,000 cryptocurrencies and NFTs. Key features include: Mobile-first design compatible with iOS, Android, macOS, and Windows Military-grade security via CC EAL5+ certified secure element Ledger Live integration for seamless asset tracking, staking, and transactions Support for multi-chain and multi-asset management, including Bitcoin, Ethereum, Solana, and ERC20 tokens Engineered for users who prioritize portability and protection, the Nano X ensures private keys stay offline—eliminating the remote risks of custodial wallets or centralized platforms. Vision: Empowering Web3 Ownership Through Self-Custody In today’s decentralized world, where digital assets are becoming integral to both individual and institutional portfolios, self-custody has emerged as a foundational principle. BYDFi and Ledger share a vision that emphasizes secure, user-controlled asset management as the cornerstone of the Web3 movement. This collaboration promotes a future where participants in the crypto ecosystem—whether traders, builders, or educators—can confidently manage their assets with mobility, transparency, and control. Michael, Co-founder of BYDFi, commented: “True ownership starts with self-custody. Our collaboration with Ledger aims to equip users with secure, intuitive tools to manage their digital assets with confidence—anytime, anywhere.” About Ledger Ledger is a global leader in digital asset security, known for its hardware wallet innovations since 2015. With over 6 million devices sold and zero hacks, Ledger’s products—including the Nano series and Ledger Live app—enable millions of users and enterprises to manage their crypto, NFTs, and data securely in the Web3 age. About BYDFi Founded in 2020, BYDFi now serves over 1 million users across more than 190 countries and regions. The platform has been featured by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025 . With a comprehensive product suite—including spot trading, perpetual contracts, copy trading, automated bots, and on-chain tools—BYDFi supports both novice and professional traders in navigating the digital asset market with confidence. BYDFi is committed to providing a world-class crypto trading experience for every user. BUIDL Your Dream Finance. Website: https://www.bydfi.com Support email: cs@bydfi.com Business partnerships: bd@bydfi.com Media inquiries: media@bydfi.com Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi ContactMedia ManagerAnnaBYDFi Fintech LTDannachloe@bydfi.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Read more

Bitcoin Investment: Matador Technologies Secures $1.2M for BTC Acquisition

BitcoinWorld Bitcoin Investment: Matador Technologies Secures $1.2M for BTC Acquisition Exciting news from the intersection of traditional markets and the burgeoning world of cryptocurrency ! Matador Technologies, a company listed on the TSX Venture Exchange ( TSXV ), has successfully closed the second phase of its private placement, raising a significant sum intended partly for acquiring Bitcoin ( BTC ). What Does This Matador Technologies Investment Mean? Matador Technologies announced it has raised approximately C$1.64 million, equivalent to about $1.2 million USD, through the second tranche of its non-brokered private placement. This follows an earlier tranche, demonstrating continued investor confidence. The company explicitly stated the primary uses for these freshly acquired funds: Bitcoin (BTC) Purchases: A direct allocation towards buying the leading digital asset. Gold Purchases: Reflecting a diversified approach to asset acquisition. General Corporate Purposes: Covering operational costs, potential exploration, and other business needs. This move highlights a growing trend among publicly traded companies to include digital assets like Bitcoin in their treasury strategies, seeking potential hedges against inflation or opportunities for growth outside of their core business operations. Why Are TSXV-Listed Companies Looking at Bitcoin? The decision by a company listed on a traditional exchange like the TSXV to allocate capital towards Bitcoin investment is a notable signal. It suggests increasing acceptance and understanding of digital assets within more conventional financial circles. For Matador Technologies, known primarily for its resource exploration activities, adding BTC to its holdings could be seen as a strategic diversification play. Benefits of such a move for a company might include: Potential for Asset Appreciation: Hopes for Bitcoin’s value to increase over time. Portfolio Diversification: Adding an uncorrelated asset class (though correlation can vary). Inflation Hedge: Viewing Bitcoin as a potential store of value against currency devaluation. Attracting New Investors: Appealing to investors interested in exposure to the digital asset space through traditional stock markets. However, challenges and risks are also significant, including market volatility, regulatory uncertainty, and the complexities of securely holding digital assets. How Does This Compare to Other Corporate BTC Holdings? Matador Technologies joins a growing list of publicly traded companies that have added Bitcoin to their balance sheets. While the $1.2 million allocation is modest compared to the holdings of giants like MicroStrategy or Tesla, it is significant for a company of Matador’s size and listing venue ( TSXV ). This demonstrates that the trend of corporate investment in BTC is not limited to large-cap tech firms but is filtering down to smaller companies across different sectors. Examples of companies with notable Bitcoin holdings include: Company Primary Sector Approx. BTC Holdings (as of recent data) MicroStrategy Business Intelligence ~214,400 BTC Tesla Electric Vehicles ~9,720 BTC Marathon Digital Holdings Bitcoin Mining ~17,631 BTC Coinbase Crypto Exchange ~9,000 BTC Matador’s move, while smaller in scale, is part of this broader narrative of increasing corporate adoption of cryptocurrency as a treasury asset. What Are the Actionable Insights for Investors? For investors watching the market, Matador’s announcement offers a few key takeaways: Corporate Adoption Continues: This is another data point showing traditional companies are exploring and executing on Bitcoin investment strategies. Diversification Trend: Companies are not just sticking to their core business but are using capital raises for diverse asset purchases like BTC and gold. TSXV as a Venue: Keep an eye on the TSXV and other junior exchanges, as more resource or smaller companies might follow suit. Impact on BTC Demand: While this single purchase isn’t massive, the cumulative effect of many companies making similar decisions can contribute to overall demand for Bitcoin . This news underscores the ongoing convergence between traditional finance and the digital asset space, making it crucial for investors to stay informed about how companies are navigating this evolving landscape. Conclusion: Another Step Towards Mainstream BTC Integration Matador Technologies’ successful funding round and stated intention to buy Bitcoin ( BTC ) and gold represent a tangible step in the mainstream integration of digital assets. For a company listed on the TSXV , this strategic investment highlights the increasing attractiveness of cryptocurrency as part of a corporate treasury strategy. While the scale may differ from larger corporations, the underlying signal is clear: corporate interest in Bitcoin remains strong, driven by diversification goals and the potential for long-term value. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Bitcoin Investment: Matador Technologies Secures $1.2M for BTC Acquisition first appeared on BitcoinWorld and is written by Editorial Team

Read more

BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

BitcoinWorld BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X Victoria, Seychelles, June 5th, 2025, Chainwire Following the successful debut of the limited-edition BYDFi x Ledger Nano X hardware wallet at TOKEN2049 Dubai , global crypto exchange BYDFi and hardware wallet leader Ledger have launched a global campaign to engage crypto KOLs and content creators. With only 500 units available worldwide, the initiative invites Web3 participants to promote secure self-custody and mobile-first asset protection by applying to join this exclusive collaboration. Campaign Overview: Limited 500-Unit Cold Wallet Collaboration The BYDFi x Ledger campaign invites creators and KOLs to participate in a simple, open-entry initiative to receive a limited-edition wallet. To join, participants are encouraged to post on X using the hashtag #BYDFixLedger, share their thoughts on the collaboration, and submit a brief application form via the official campaign page. Selected applicants will receive the exclusive BYDFi x Ledger Nano X, along with special perks as part of the partnership program. Users can learn more and apply at: https://www.bydfi.com/en/ledger Product Highlight: BYDFi x Ledger Nano X The BYDFi x Ledger Nano X is a customized version of Ledger’s flagship cold wallet, equipped with Bluetooth, USB-C, and support for over 15,000 cryptocurrencies and NFTs. Key features include: Mobile-first design compatible with iOS, Android, macOS, and Windows Military-grade security via CC EAL5+ certified secure element Ledger Live integration for seamless asset tracking, staking, and transactions Support for multi-chain and multi-asset management, including Bitcoin, Ethereum, Solana, and ERC20 tokens Engineered for users who prioritize portability and protection, the Nano X ensures private keys stay offline—eliminating the remote risks of custodial wallets or centralized platforms. Vision: Empowering Web3 Ownership Through Self-Custody In today’s decentralized world, where digital assets are becoming integral to both individual and institutional portfolios, self-custody has emerged as a foundational principle. BYDFi and Ledger share a vision that emphasizes secure, user-controlled asset management as the cornerstone of the Web3 movement. This collaboration promotes a future where participants in the crypto ecosystem—whether traders, builders, or educators—can confidently manage their assets with mobility, transparency, and control. Michael, Co-founder of BYDFi, commented: “True ownership starts with self-custody. Our collaboration with Ledger aims to equip users with secure, intuitive tools to manage their digital assets with confidence—anytime, anywhere.” About Ledger Ledger is a global leader in digital asset security, known for its hardware wallet innovations since 2015. With over 6 million devices sold and zero hacks, Ledger’s products—including the Nano series and Ledger Live app—enable millions of users and enterprises to manage their crypto, NFTs, and data securely in the Web3 age. About BYDFi Founded in 2020, BYDFi now serves over 1 million users across more than 190 countries and regions. The platform has been featured by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025 . With a comprehensive product suite—including spot trading, perpetual contracts, copy trading, automated bots, and on-chain tools—BYDFi supports both novice and professional traders in navigating the digital asset market with confidence. BYDFi is committed to providing a world-class crypto trading experience for every user. BUIDL Your Dream Finance. Website: https://www.bydfi.com Support email: cs@bydfi.com Business partnerships: bd@bydfi.com Media inquiries: media@bydfi.com Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi Contact Media Manager Anna BYDFi Fintech LTD annachloe@bydfi.com This post BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X first appeared on BitcoinWorld and is written by chainwire

Read more

NBA’s Scottie Pippen Bitcoin Tweet Goes Viral After BTC Price Drops

The post NBA’s Scottie Pippen Bitcoin Tweet Goes Viral After BTC Price Drops appeared first on Coinpedia Fintech News NBA legend Scottie Pippen has sparked fresh conversation in the crypto space with a two-word tweet that’s getting attention: “ Study Bitcoin. ” The timing is interesting. His message came just as Bitcoin dipped nearly 2%, slipping from almost $107,000 to around $104,630. Some saw it as encouragement during a market pullback, others saw it as a continuation of his curious role in the Bitcoin conversation. This is not Pippen’s first post related to crypto. How does the player fit into the blockchain world? Let’s explore. A Growing Crypto Persona Pippen has built a light-hearted – yet increasingly noticeable – presence in the crypto space, previously joking about Satoshi Nakamoto visiting him in a dream to deliver BTC price predictions. While that tweet made the rounds as a meme, today’s post feels more intentional. Short, direct, and timed during a pullback. Some followers asked Pippen to connect them to his dream-version of Satoshi. Others pushed back, suggesting self-awareness matters more than market charts. But many simply took the advice at face value. This is solid advice! I’ve noticed that many people struggle to understand Bitcoin because they don’t fully grasp the problem it’s solving. If you study the history of money and central banking first, the case for Bitcoin becomes much clearer. It’s the solution to a very real… — King Damo (@KingDamoUK) June 5, 2025 This is a recurring sentiment. Just last month, Pippen had shared another pointed message: “Damn it feels good to be a Bitcoin BULL.” Damn it feels good to be a Bitcoin BULL — Scottie Pippen (@ScottiePippen) May 11, 2025 The Saylor Effect All Over Again Pippen’s two-word message isn’t far from what Bitcoin’s most prominent corporate backer has been saying for years. Michael Saylor, co-founder of Strategy (formerly MicroStrategy), often credits his company’s Bitcoin strategy to a concentrated effort: 100 hours studying Bitcoin . That study led to a full pivot in 2020, and the firm has since acquired 580,955 BTC, now valued over $61 billion. Saylor’s view is that time invested in understanding Bitcoin fundamentally changes your outlook. Maybe Pippen is hinting at the same thing. Bitcoin Education on the Rise? Scottie Pippen’s call may sound simple, but it touches on a deeper truth: Bitcoin literacy is still remarkably low. Despite years of media attention and record-breaking prices, only 4% of the global population currently holds Bitcoin, according to a 2025 report. The report further reveals that BTC adoption remains heavily concentrated in developed regions, while developing economies – often those with the most to gain from decentralized financial infrastructure – are still catching up. In fact, estimates suggest Bitcoin has only reached 3% of its maximum adoption potential. But now, a new wave of decentralized education platforms is empowering millions to explore Bitcoin, blockchain, and broader Web3 technologies. Speaking at #Bitcoin2025, U.S. presidential candidate Vivek Ramaswamy advocated for Bitcoin to be integrated into school financial literacy programs – a long-game move aimed at building investor confidence and normalizing crypto engagement for future generations. A younger, more informed demographic entering the market will increase trade volume and influence regulatory policy. It’s clear: Bitcoin is not just for enthusiasts anymore. It’s a baseline skill in the modern era of finance.

Read more

BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

Victoria, Seychelles, June 5th, 2025, Chainwire Following the successful debut of the limited-edition BYDFi x Ledger Nano X hardware wallet at TOKEN2049 Dubai , global crypto exchange BYDFi and hardware wallet leader Ledger have launched a global campaign to engage crypto KOLs and content creators. With only 500 units available worldwide, the initiative invites Web3 participants to promote secure self-custody and mobile-first asset protection by applying to join this exclusive collaboration. Campaign Overview: Limited 500-Unit Cold Wallet Collaboration The BYDFi x Ledger campaign invites creators and KOLs to participate in a simple, open-entry initiative to receive a limited-edition wallet. To join, participants are encouraged to post on X using the hashtag #BYDFixLedger, share their thoughts on the collaboration, and submit a brief application form via the official campaign page. Selected applicants will receive the exclusive BYDFi x Ledger Nano X, along with special perks as part of the partnership program. Users can learn more and apply at: https://www.bydfi.com/en/ledger Product Highlight: BYDFi x Ledger Nano X The BYDFi x Ledger Nano X is a customized version of Ledger’s flagship cold wallet, equipped with Bluetooth, USB-C, and support for over 15,000 cryptocurrencies and NFTs. Key features include: Mobile-first design compatible with iOS, Android, macOS, and Windows Military-grade security via CC EAL5+ certified secure element Ledger Live integration for seamless asset tracking, staking, and transactions Support for multi-chain and multi-asset management, including Bitcoin, Ethereum, Solana, and ERC20 tokens Engineered for users who prioritize portability and protection, the Nano X ensures private keys stay offline—eliminating the remote risks of custodial wallets or centralized platforms. Vision: Empowering Web3 Ownership Through Self-Custody In today’s decentralized world, where digital assets are becoming integral to both individual and institutional portfolios, self-custody has emerged as a foundational principle. BYDFi and Ledger share a vision that emphasizes secure, user-controlled asset management as the cornerstone of the Web3 movement. This collaboration promotes a future where participants in the crypto ecosystem—whether traders, builders, or educators—can confidently manage their assets with mobility, transparency, and control. Michael, Co-founder of BYDFi, commented: “True ownership starts with self-custody. Our collaboration with Ledger aims to equip users with secure, intuitive tools to manage their digital assets with confidence—anytime, anywhere.” About Ledger Ledger is a global leader in digital asset security, known for its hardware wallet innovations since 2015. With over 6 million devices sold and zero hacks, Ledger’s products—including the Nano series and Ledger Live app—enable millions of users and enterprises to manage their crypto, NFTs, and data securely in the Web3 age. About BYDFi Founded in 2020, BYDFi now serves over 1 million users across more than 190 countries and regions. The platform has been featured by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025 . With a comprehensive product suite—including spot trading, perpetual contracts, copy trading, automated bots, and on-chain tools—BYDFi supports both novice and professional traders in navigating the digital asset market with confidence. BYDFi is committed to providing a world-class crypto trading experience for every user. BUIDL Your Dream Finance. Website: https://www.bydfi.com Support email: cs@bydfi.com Business partnerships: bd@bydfi.com Media inquiries: media@bydfi.com Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi Contact Media Manager Anna BYDFi Fintech LTD annachloe@bydfi.com

Read more