Despite the “no more Bitcoin purchases” agreement it made with the International Monetary Fund (IMF) in December 2024, El Salvador has continued to purchase BTC daily, purchasing 240 new Bitcoins since then. The total amount of Bitcoin in the country’s treasury has thus reached 6,209. El Salvador, the first country in the world to recognize Bitcoin as legal tender, reached a $1.4 billion loan agreement with the IMF in December 2024. The agreement stipulated that Bitcoin would be stripped of its official currency status and that the government would halt Bitcoin purchases. However, President Nayib Bukele’s strategy of “buying one Bitcoin a day”, which he launched in 2022, continues. According to the El Salvador Bitcoin Office, a total of 240 more Bitcoins have been purchased since December 19, 2024 (following the IMF agreement). These purchases, calculated at approximately $106,658 each, amount to more than $25 million. Related News: XRP Experiences a First-Time Event in Its History - Unusual Data Coming In Rodrigo Valdes, Director of the IMF’s Western Hemisphere Department, stated at a press conference on April 26, 2025, that the country was still technically in compliance with the agreement: “El Salvador remains committed to not increasing its Bitcoin holdings within the financial sector.” Blockchain consultant Anndy Lian attributed this to the IMF’s flexible interpretation: “The IMF’s flexible interpretation of the agreement may allow these purchases to be made through non-governmental entities or reclassified assets, thus technically achieving compliance.” *This is not investment advice. Continue Reading: Following El Salvador’s Pledge Not to Purchase Bitcoin from the IMF, the Amount of BTC It Has Purchased Has Been Revealed
Zebec Network price appears poised for a reversal after breaking out of a bullish pattern as the price action begins to reflect recent developments on the fundamental front. Zebec Network ( ZBCN ) price recently broke out of a descending wedge pattern on the 4-hour chart. Following the breakout, the price briefly wicked to $0.0052 level before facing resistance and pulling back to $0.0044, retesting the breakout level. The price is now holding above a key long-term support formed by the upper trendline ascending from early May. The immediate resistance lies near the recent high around $0.0050–0.0052, while the immediate support is now near the $0.0043–0.0044, aligned with both the 20 EMA and the wedge’s upper boundary (which may now act as support). Source: TradingView Technically, the price is currently testing the 20-period EMA as support. The RSI has pulled back from the overbought levels following the breakout, and is currently around 50, suggesting neutral momentum. The RSI’s ability to stay above 50 will likely determine the next leg of the trend. The MACD line remains above the signal line, but histogram bars are turning smaller, which could hint at potential consolidation or a pause before the next move. To sum up, ZBCN price is currently in a cooling-off phase after a bullish breakout from a descending wedge pattern, often seen as a reversal setup. If the price holds above the EMA and the long-term ascending trendline, continuation toward $0.0052 and beyond is possible. A break below $0.0043 could invalidate the bullish structure and lead to deeper retracement. You might also like: Zebec Network acquires Gatenox to integrate native KYC, KYB, and AML into its payment infra The latest breakout coincided with Zebec Network’s recent announcement that it will reward Ripple ( XRP ) holders with over $50K in holdings on Uphold with ZBCN. While earlier speculation hinted at a possible collaboration with Ripple, no formal announcement has been made. This move also follows a series of strategic acquisitions, including Gatenox, a digital identity firm, and Science Card , a U.K.-based fintech with 50,000+ users. With the acquisition of Gatenox , Zebec Network aims to strengthen its regulatory positioning under the EU’s MiCA framework and with the UK’s FCA. After retracing nearly 50% from its May peak at $0.0073, Zebec Network price now appears to be catching up with these fundamentals — provided the current breakout confirms a true reversal. You might also like: Zebec Network price explodes after Science Card acquisition news
Total crypto market capitalization shed around $80 billion over a few hours late on Monday night as Middle East tensions escalated. It fell marginally to around $3.44 trillion as Bitcoin dipped by over $2,000 in a decline to around $106,500 before it immediately started to recover and reclaim $107,000 at the time of writing. The dip was caused by US President Donald Trump calling for the evacuation of Tehran as the exchange of missiles between Israel and Iran continued for a fourth day. Trump Leaves G7 Donald Trump departed the annual G7 meeting in Canada early, telling reporters, “I have to be back early for obvious reasons.” The POTUS also took to his Social Media platform to say that Iran should have signed his “deal” before adding that the country cannot have a nuclear weapon and “everyone should immediately evacuate Tehran.” TRUMP: “Everyone should immediately evacuate Tehran.” pic.twitter.com/vGygTxuFsg — The Kobeissi Letter (@KobeissiLetter) June 16, 2025 Meanwhile, other nations, including China and Russia, urged their citizens to evacuate Tel Aviv as the military action intensified. The message appeared orchestrated to increase pressure on Iran to come to the negotiating table amid a veiled threat of military intervention. “American forces are maintaining their defensive posture, and that has not changed. We will defend American interests,” White House spokesman Alex Pfeiffer wrote on X while disputing fake news that air strikes were imminent. Odds on the United States taking military action against Iran before the end of this month surged to 67% on blockchain prediction platform Polymarket. BREAKING: The U.S. is projected to take imminent military action against Iran. 67% chance. pic.twitter.com/Cqcy3OnBki — Polymarket (@Polymarket) June 16, 2025 Markets Disagree With WWIII A crypto market reaction of this minor magnitude is just another day on the field, which begs the question: Are digital assets becoming immune to geopolitical turmoil? In fact, crypto markets tanked twice as hard when the Trump and Elon Musk bromance collapsed on June 6. Meanwhile, other risk-on assets such as tech stocks are also weathering the storm at the moment. “If there were even a 50% chance of WW3 right now, the S&P 500 wouldn’t be 2% away from a new all-time high,” observed the Kobeissi Letter. At the time of writing, Bitcoin was still trading in the middle of its range-bound channel, where it has been since the beginning of May, and Ethereum had bounced off support at $2,500, so crypto markets are holding up pretty well, all things considered. The post Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions appeared first on CryptoPotato .
China’s most popular crypto card payment service, Infini, has declared to shut down all their card services and focusing more on financial management for the future. According to a Telegram notice , starting from June 17 all of Infini’s card payment services will be immediately cease to function. This means that their card-based payment products, such as Global Card, Lite Card, and Tech Card, will be suspended for both offline usage and on the Infini digital app. “We have decided to suspend our card services. Effective immediately, all card functions, will be suspended for both usage and new applications. We sincerely apologize for any inconvenience this may cause,” wrote the platform in a notice . Although the company does not mention the specific reason behind its card suspension, it reportedly plans to focus more on financial management in the future. The firm assured customers that all their core service will continue operating as usual. This means that services on the app like top-ups, withdrawal and yield functions remain fully operational despite the suspension of its payment cards. Users will be able to apply for card refunds in order to regain the funds from their now frozen cards. You might also like: Mastercard predicts it will tokenize 100% of transactions in EU by 2030 The platform will automatically process refunds for card application without users needing to take any manual action. The refund will be processed within 10 business days and the funds will be distributed to the user’s account balance. “Any ongoing bills will be refunded directly to your Infini account. These refunds are expected to be completed within 5 to 21 business days,” stated platform. Infini is a crypto-first neobank based in Hong Kong but it has a pretty big user base in China . Despite China’s long-standing ban on cryptocurrency, China mainland users are still able to access Infini services through VPN or other provider. The platform combines stablecoin yield generation with a crypto-backed debit card, offering easy real-world spending and everyday earnings. Infini has managed to gain more than 10,000 followers on X and reached over $50 million in total value locked across its global user base. Most recently in late February, Infini suffered a $50 million inseider exploit which involved an in-house engineer that allegedly embezzled funds from the platform for personal gain. Back in March, Infini founder Christian Li offered the hacker 20% of the bounty and legal immunity if they return the stolen funds. Read more: Infini Labs $50m heist a ‘textbook insider attack,’ says security expert
Cantor Fitzgerald has spotlighted Solana (SOL) as a compelling alternative to Ethereum in corporate treasury strategies, signaling a shift in blockchain asset preferences among public companies. Three firms—DeFi Development Corp.,
JPMorgan Chase has filed a trademark application for “JPMD,” hinting at a potential expansion of its digital asset strategy and stirring speculation about an upcoming stablecoin product. Filed with the U.S. Patent and Trademark Office on Sunday, the application outlines a broad suite of services including digital asset trading, exchange, transfers, clearing, and payment processing—all centered around blockchain-based infrastructure. Though the filing doesn’t explicitly mention the word “stablecoin,” the scope of services described suggests that JPMorgan may be laying the groundwork to move more of its financial operations onto blockchain rails. This has reignited conversations about a possible stablecoin initiative from the banking giant. JPMorgan Enters as Stablecoin Speculation Heats Up The timing of the trademark application follows closely on the heels of a May 22 Wall Street Journal report that revealed JPMorgan, Bank of America, and Wells Fargo were in early discussions to jointly issue a stablecoin . According to the report, the consortium aims to compete with existing crypto-native stablecoins and leverage blockchain to expedite domestic and cross-border payments. While details remain unconfirmed, many industry watchers believe the “JPMD” trademark could be linked to this stablecoin initiative. The report emphasized that major banks now view stablecoins as strategic tools to modernize their payment infrastructures and reclaim market share from crypto-native firms like Tether and Circle. JPMorgan, despite CEO Jamie Dimon’s repeated criticism of Bitcoin, has remained a front-runner in blockchain development. The bank’s blockchain division, Kinexy (formerly Onyx), has already processed over $1.5 trillion in interbank transactions using JPM Coin—a proprietary, permissioned stablecoin backed 1:1 by fiat currencies like the U.S. dollar, euro, and British pound. Regulatory Landscape Shifts in Favor The trademark filing also arrives as U.S. lawmakers push forward with the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins). The bill passed a key procedural vote in the Senate last week with a 68-30 margin, signaling broad bipartisan support. If approved by both chambers of Congress, the legislation would head to President Donald Trump’s desk for final approval. According to DeFiLlama, the total market capitalization of stablecoins currently stands at $251.7 billion, led by Tether (USDT) at $156.3 billion and Circle’s USDC at $61.3 billion. A new entrant backed by traditional financial giants could significantly reshape the landscape. The post JPMorgan Eyes Deeper Blockchain Integration With New “JPMD” Trademark Filing appeared first on TheCoinrise.com .
Matrixport’s recent daily chart analysis highlights that Bitcoin ETFs have garnered an impressive $11.2 billion in fresh inflows over the last eight weeks. Despite this substantial capital influx, Bitcoin’s price
The post LERN360.ai Launches Seed Round to Build the “Coursera of On-Chain Learning” appeared first on Coinpedia Fintech News The decentralized learning platform opens public access to its LERN token, combining blockchain, AI, and token incentives to reshape education for the digital-first generation . DUBAI, June 15, 2025 — Today, LERN360 officially opens the seed round of its native LERN token, marking a major step in its mission to make education globally accessible, verifiable, and community-owned. A radically open alternative to centralized learning platforms, LERN360 uses blockchain and AI to make education permissionless, borderless, and rewarding. The platform merges blockchain-based credentialing, AI-driven personalization, and token-based rewards into a unified system where students earn as they learn, and educators gain full autonomy over their content and income. Through LERN360, credentials are recorded on-chain, content is localized in over 15 languages, and both learners and teachers participate directly in the value they help create. “Education shouldn’t require permission, tuition debt, or centralized control,” said Nathan Mahalingam, Founder and President of LERN360. “We’re building a participatory learning economy that empowers students, rewards educators, and scales through community.” The LERN token, now available to early backers at $0.02, serves as the platform’s access pass, reward mechanism, and eventually, governance tool. It can be used to unlock premium courses, redeem rewards, participate in staking, and vote on platform decisions. The total supply is capped at one billion tokens, with 10 percent allocated to this initial seed round. Smart contracts have been independently audited BY CERTIK, with PancakeSwap listing scheduled within two weeks of the Token Generation Event (TGE), followed by listings on centralized exchanges later this summer. Early participants will gain priority access to advanced platform features, staking pools, and early governance privileges, positioning them at the forefront of the next-generation learning Economy. Unlike legacy learning platforms, LERN360 doesn’t issue credentials from a centralized database. It uses Hyperledger Fabric for verifiable, tamper-proof certificates, and Polygon Layer 2 for fast, low-cost transactions. AI powers real-time personalization, enabling adaptive learning paths and multilingual access to a global user base, especially in underserved regions where demand for mobile-first education is growing. Educators benefit as much as learners. They can publish, price, and manage their own content, earning tokens based on course engagement, completion rates, and community feedback. Revenue flows directly via smart contracts, eliminating intermediaries and enabling transparent, performance-based compensation. LERN360 has already launched with a real-world institutional partner. ICMS University College, one of Malaysia’s top-rated private universities, is issuing blockchain-verified credentials and testing tokenized course structures across several programs. Early data shows higher student engagement and increased satisfaction with flexible, learner-centered formats. “Our goal isn’t to build the next online university—it’s to build a learning ecosystem that anyone can access, shape, and grow,” said Leon Loo, Chief Investor Strategy Officer at LERN360. “Web3 allows us to go beyond content delivery and create a decentralized economy for Education.” Following the seed round, the project roadmap includes micro-certifications, enterprise training tools, community grants, and the gradual rollout of DAO governance. A decentralized university is also in development, giving token holders a voice in platform evolution. Early access to the seed round are now available at https://lern360.ai/token. The round will remain open for three weeks or until the allocation is filled, whichever earlier. About LERN360 LERN360 is a decentralized education platform powered by blockchain and artificial intelligence. Its mission is to make learning globally accessible, verifiable, and community-driven. By combining on-chain credentials, AI-personalized learning, and token-based incentives, LERN360 empowers both learners and educators to thrive in a trusted, open ecosystem. Founded by the team behind ICMS University College and developed in partnership with Antier Solutions, LERN360 is redefining how education works in the digital age. Follow us on: X/lern360 Tg/@lern360
BitcoinWorld Crucial Insight: Arthur Hayes on Why Stablecoin Distribution is Key In the ever-evolving world of digital finance, Stablecoins have emerged as a critical bridge between traditional currencies and the volatile cryptocurrency market. Their promise of price stability makes them essential tools for trading, payments, and saving. But what truly determines a stablecoin’s success and widespread adoption? According to Arthur Hayes, the insightful co-founder of the prominent cryptocurrency exchange BitMEX, the answer lies squarely in the strength and reach of its distribution channels. Why are Stablecoin Distribution Channels So Important? Arthur Hayes recently shared his perspective on Substack, emphasizing that simply creating a stablecoin isn’t enough. The real challenge is getting it into the hands of users and integrated into the financial ecosystem. Think of it like any product – you can build the best widget, but if you can’t get it onto store shelves or delivered to customers, it won’t gain traction. For Stablecoins , distribution channels include cryptocurrency exchanges, payment processors, wallets, decentralized finance (DeFi) protocols, and even traditional financial institutions. Hayes argues that effective distribution builds trust and utility. When a stablecoin is easily accessible, widely accepted, and seamlessly integrated into platforms where users already operate, it naturally becomes the preferred medium of exchange or store of value. Without robust channels, even a technically sound stablecoin with strong reserves will struggle to compete with established players. Lessons from Leaders: How Tether and Circle Gained Ground Hayes points to the two dominant players in the stablecoin market as prime examples of distribution success: Tether (USDT) and Circle (USDC). Tether (USDT): Hayes highlights Tether’s strategic advantage through its close collaboration with Bitfinex, one of the earliest and largest cryptocurrency exchanges. Furthermore, Tether cultivated significant trust and integration within banking systems in Hong Kong, Mainland China, and Taiwan (collectively, Greater China). This early and deep penetration into key markets, particularly for trading and arbitrage, allowed USDT to become the de facto global stablecoin for many traders, solidifying its massive market share. Circle (USDC): While trailing USDT in market capitalization, Circle’s USDC has also achieved significant success, largely thanks to its strong partnership with Coinbase. As one of the largest and most regulated cryptocurrency exchanges globally, Coinbase provided USDC with immediate access to a vast user base and integrated it deeply into its retail and institutional offerings. This partnership has been a key driver of USDC’s growth, particularly in Western markets and regulated environments. These examples underscore Hayes’ central thesis: partnerships with major platforms and strategic integration into financial infrastructure are non-negotiable for stablecoin dominance. The Challenge for New Players: Navigating the Crypto Exchange Landscape According to Arthur Hayes , the path is significantly steeper for new stablecoin issuers entering the market today. The landscape has changed dramatically since Tether and Circle established their footholds. Hayes explains that the major distribution channels, particularly the high-volume Crypto Exchange platforms, are largely locked up. They are either: Directly partnered with dominant issuers (like Coinbase and Circle). Owned by companies with their own stablecoin interests. Have deep-seated relationships that make it difficult for newcomers to gain prominent listings or favorable trading pairs. Adding to this challenge, Hayes notes that even traditional finance and major technology players are developing their own stablecoin or digital currency solutions. Social media firms and banks, with their immense user bases and existing infrastructure, represent potentially powerful future distribution channels, further crowding the market and increasing the barriers to entry for independent new stablecoin projects. Arthur Hayes’ Prescription: Can High NIM Break Through? Given the uphill battle for distribution, how can a new stablecoin issuer hope to attract users and gain a foothold? Arthur Hayes offers a stark assessment and a potential, albeit challenging, solution. He suggests that new stablecoin issuers will need to offer significantly attractive terms to depositors – specifically, high Net Interest Margins (NIM). Essentially, they would need to pay users a compelling yield or return on their stablecoin holdings. This high return would serve as the primary incentive to lure users away from the convenience and trust associated with established stablecoins like Tether and Circle , which benefit from network effects and deep liquidity on major platforms. While theoretically possible, this strategy presents significant hurdles. Generating high, sustainable NIM requires sophisticated yield-generating strategies, often involving lending or investment in various assets. This introduces complexity and potential risks that issuers must manage carefully while simultaneously trying to build trust and adoption in a competitive market. It’s a high-stakes game where the promise of yield must outweigh the comfort and liquidity of existing options. Conclusion: Distribution Remains King Arthur Hayes’ analysis provides a crucial reminder that in the world of stablecoins, technical design and reserve management are only part of the equation. The ability to effectively distribute the stablecoin and integrate it into the platforms and systems where users live and transact is paramount. While Tether and Circle benefited from early mover advantage and strategic partnerships, new issuers face a market dominated by incumbents and the looming presence of banks and tech giants. According to Hayes, offering compelling financial incentives like high NIM might be one of the few viable paths for newcomers, though it comes with its own set of complexities and risks. Ultimately, the battle for stablecoin dominance will continue to be fought not just on the technical or regulatory front, but crucially, on the battlefield of distribution. To learn more about the latest crypto market trends, explore our article on key developments shaping Stablecoins institutional adoption. This post Crucial Insight: Arthur Hayes on Why Stablecoin Distribution is Key first appeared on BitcoinWorld and is written by Editorial Team
The sudden suspension of Pump.fun’s X account and its founder Alon Cohen’s profile has sent shockwaves through the crypto community, raising questions about the upcoming PUMP token launch. This disruption