While Bitcoin hasn’t seen a direct rally from the Toronto Stock Exchange’s approval of 3iQ’s XRP ETF, the move is being viewed as a win for the entire digital asset space. The fund’s backing by Ripple and its fee-free launch make it accessible to a wider pool of institutional and retail investors. Although XRP is the primary beneficiary, this regulatory milestone suggests growing acceptance of crypto ETFs beyond BTC and ETH. As more alternative coin ETFs enter the market, BTC is poised to benefit from increased investor trust and infrastructure development. Another XRP ETF dropped in Canada! Crypto asset manager 3iQ just launched an #XRP ETF, under the ticker XRPQ, on the Toronto Stock Exchange. #Ripple is backing it as an early investor. XRP is getting the institutional treatment. pic.twitter.com/iUcK8vdZ18 — Coin Bureau (@coinbureau) June 18, 2025 A more inclusive ETF environment signals a maturing asset class and paves the way for long-term capital inflows into BTC. XRPQ ETF launched by 3iQ, backed by Ripple First six months: zero management fee Cold-storage, regulated, and accessible to global investors $90M Nobitex Hack Raises Security, Political Concerns Iran’s largest cryptocurrency exchange, Nobitex, suffered a politically charged cyberattack, resulting in over $90 million in damages. The pro-Israel group Predatory Sparrow exploited internal access vulnerabilities and used politically suggestive wallet names, burning assets including $2M in BTC and over $49M in TRX. 'Pro-Israel Hacker Group' Drains, Burns $90 Million From Iranian Bitcoin Exchange ► https://t.co/CgaRgPzJfL https://t.co/CgaRgPzJfL — Decrypt (@DecryptMedia) June 18, 2025 While cold storage remains safe and Nobitex has promised to cover user losses, the hack serves as a stark reminder of cryptocurrency’s vulnerability in geopolitically sensitive regions. Despite the severity, the incident hasn’t spilled over into the broader Bitcoin market, signaling resilience among institutional holders. $90M burned: BTC, TRX among affected assets Nobitex suspends services, vows reimbursement Security concerns rise, but the BTC market remains stable Prenetics Bitcoin Bet Signals Institutional Expansion Adding a bullish layer to BTC’s macro narrative, Hong Kong-based healthcare company Prenetics has invested $20 million in BTC , acquiring over 187 coins at an average price of $106,712. The firm has brought on Trump-affiliated crypto strategist Tracy Hoyos Lopez and ex-OKEx COO Andy Cheung as it eyes deeper crypto integration. JUST IN: Healthcare firm Prenetics buys $20 million worth of BTC and adopts #Bitcoin treasury strategy. pic.twitter.com/sDfWeO7Ev7 — Bitcoin Magazine (@BitcoinMagazine) June 18, 2025 With liquidity reserves of $117 million, Prenetics plans to expand its BTC holdings, signaling growing BTC adoption outside traditional financial circles. This move, aligned with pro-Bitcoin political sentiment, may help accelerate narratives of corporate and sovereign accumulation. 187 BTC acquired, avg. price $106,712 Shares jumped 8.7% post-announcement New crypto advisors linked to Trump and OKEx Bitcoin Technical View: Triangle Squeeze Into Key Decision Zone Bitcoin is trading near $104,773, with technical compression forming between a rising trendline and the 50-period EMA ($105,529) that is descending. Three recent candles show lower wicks defending support around $104,000. Bitcoin Price Chart – Source: Tradingview MACD is flattening, hinting at a possible bullish crossover. A breakout above $105,530 may open upside to $106,650 and $107,750. On the downside, a breach below $103,500 shifts focus to $102,180 and $100,450. Bullish trigger: Close above $105,530 Bearish trigger: Break below $103,500 Neutral momentum: Watch volume and MACD crossover Currently, Bitcoin price prediction remains bearish with mixed catalysts as traders are watching for confirmation before taking directional positions. BTC Bull Token Nears $8.2M Cap as 58% APY Staking Attracts Last-Minute Buyers With BTC trading near $105K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL) . The project has now raised $7,233,406 out of its $8,290,897 cap, leaving less than $1 million before the next token price hike. The current price of $0.00257 is expected to increase once the cap is hit. BTC Bull Token links its value directly to Bitcoin through two core mechanisms: BTC Airdrops reward holders, with presale participants receiving priority. Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply. The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering: No lockups or fees Full liquidity Stable passive yields, even in volatile markets This staking model appeals to both DeFi veterans and newcomers seeking hands-off income. With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL ’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates. The post Bitcoin Price Faces Pressure, $90M Hack, $20M Buy: Finds Support appeared first on Cryptonews .
Ripple urges Judge Torres to approve its joint SEC motion, securing reduced penalties, preserving prior rulings, and accelerating long-awaited resolution that could redefine XRP’s regulatory landscape. Ripple and SEC Urge Judge Torres to Acknowledge Settlement and End XRP Case Ripple’s legal team formally petitioned Judge Analisa Torres of the Southern District of New York on
Microsoft Corp. plans to reorganize its sales force amid the tech giant’s transition to focus on its fast-growing cloud-computing business. The reorganization will include an unspecified number of layoffs. The planned reorganization could result in thousands of layoffs , said someone familiar with the arrangements. The cuts are expected to be announced in early July, not long after the end of the tech giant’s fiscal year in June. Microsoft targets sales teams in new layoffs Microsoft sales teams are expected to be hit hardest, but it won’t be the only division affected by layoffs. Sources note that the timing and final scope of the layoffs could still change. The company has not yet commented on the matter. The move indicates that Microsoft is trying to streamline its operations as it plows tens of billions of dollars into artificial intelligence and cloud infrastructure. Executives have assured investors that they can keep a line on operating expenses even as they participate in the AI spending spree. The pending cuts come after the company laid off roughly 6,000 employees in May, trimming mostly engineering and product roles. Those layoffs left untouched most customer-facing positions, like sales and marketing. In April, Microsoft announced a change in sales strategy, telling employees it would lean more heavily on third-party companies to sell software products to small and midsize businesses. As of June 2024, Microsoft had a global workforce of about 228,000 people, 45,000 of whom worked in sales and marketing. The firm typically makes internal reorganizations at year-end. Microsoft said it regularly evaluates its structure to align with long-term growth plans. Meta cuts VR jobs while competing to poach AI talent with $100M offers Meta is also letting go of over 100 employees in its Reality Labs division, which manages virtual reality and wearable technology. The job cuts affect employees developing VR experiences for Meta’s Quest headsets and staff working on hardware operations to streamline similar work between the two teams. Despite the staff reduction plans, OpenAI CEO Sam Altman says Meta has offered his employees bonuses of $100 million to recruit them, as the tech giant seeks to ramp up its artificial intelligence strategy. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models, and they come at a time when the Facebook owner is working on building its superintelligence unit to catch up with competitors. Amazon is another firm that is planning the next round of layoffs. In a message to employees shared Tuesday, Amazon CEO Andy Jassy talked highly of the company’s embrace of artificial intelligence tools across the company. He noted that the company will ultimately reduce the total corporate workforce as it gains efficiency over time. That is only slightly veiled corporate speak for “get ready to be replaced.” Jassy referred to generative AI as a “once-in-a-lifetime” technology that will change how the company operates, and said Amazon is already using it in “virtually every corner of the company.” According to Jassy, Amazon already has over 1,000 Generative AI services and applications in progress or built, and said, “That’s a small fraction of what we will ultimately build.” So it’s clear the company is all in on AI. Amazon said it would commit $100 billion to investing in AI technologies this year. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi . So far this year, more than 22,000 workers have been the victims of reductions across the tech industry, with a staggering 16,084 cuts in February alone. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
In a market known for its rapid innovation and fast gains, the crypto market requires a keen eye for projects with potential. Waiting too long can be the difference between a 2x return and a 30x gain. In this article, we will explore projects that hold potential for gains of over 3,000%. One of them, Mutuum Finance (MUTM) , looks especially promising. The project is currently in the presale phase, which means there is potential for massive upside. This is especially so since the project is built on utility, and not merely hype. The projects on this list are built for long-term gains, allowing investors to use the trusted buy-and-forget strategy. Bitcoin (BTC) Bitcoin (BTC) has been an impressive project when it comes to returns. Over the past decade, its value has grown over 100x. While it is trading close to its most recent all-time high, many investors believe it has potential for gains in the future. One of the main things going for Bitcoin (BTC) is that it was the first crypto coin in the world. As such, it is the most well-known and is now considered to be digital gold by many in the crypto world. At the current price of over $100,000, analysts forecast that it could rise to $150,000 by the end of 2025. However, Mutuum Finance (MUTM) is forecast to offer even bigger returns for investors. As such, for investors looking for new opportunities for growth, MUTM tokens could be a better option. Mutuum Finance (MUTM): Massive Growth Potential Mutuum Finance (MUTM) is a project that has received a wave of interest recently from investors looking to extend their gains from the recent bull run. Analysts forecast that MUTM tokens could rise by 2,765% in the upcoming altcoin bull run. For context, a $1,700 investment in the presale could grow into $47,005, based on those projections. That is a massive return that no investor wants to miss. On top of these positive projections, Mutuum Finance has organized a $100,000 giveaway . In the ongoing giveaway, the team plans to give ten lucky winners $10,000 each for participating in the presale. To qualify for this giveaway, you only need to make a $50 purchase in the ongoing presale. The MUTM Token Presale Mutuum Finance (MUTM) is currently in phase 5 of its presale. Tokens in the current phase of the presale are going for $0.03, a 200% increase from the phase 1 price of $0.01. In the upcoming phase 6 of the presale, the token price will go up by 16.67% to $0.035. The presale has raised over $10.7 million from around 12,100 investors so far. That figure is expected to keep climbing as word spreads about the analysts’ forecasts. Over 38% of the presale tokens set aside for phase 5 have already been sold, a signal of the high interest in this project. Besides the positive forecasts, another major driver of the presale is the CertiK audit. Mutuum Finance (MUTM) has a Token Scan Score of 80 from CertiK, which has been a source of trust for the project. A CertiK audit is so important that many investors will not even consider a project if it has not undergone one. The Mutuum Finance (MUTM) understood the importance of trust-building, and they made sure to submit their code for CertiK auditing early in the life of the project. To ensure that the project maintains the highest levels of security, the team plans to launch a bug bounty program when it goes live. This program will be an open invitation to security experts, ethical hackers, and blockchain developers to examine the code on their own and alert the internal team. The bug bounty will ensure that there are always eyes on the code in real time. Besides the code, the program will cover the user interface and all API services that will be used within the extensive ecosystem. Tron (TRX) TRX is the native coin of the Tron blockchain and has gained significant traction since it went live. Tron aims to build a decentralized internet and become a competitor to existing projects like Ethereum. The blockchain is touted for its high transaction speed and scalability. Additionally, it is known to have low transaction costs. One of the main downsides of this project is the high level of centralization. Besides that, its founder, Justin Sun, has been a source of controversy in the past, which has not been helpful to the progress of the project. Conclusion 2025 is an exciting year for the crypto sector, and June has brought with it new opportunities for growth. If you are looking to make gains of over 20x, one of your best bets is Mutuum Finance (MUTM). Built with a laser focus on utility and ecosystem growth, this could be one of your top gainers this summer. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
The Czech Republic’s Civic Democratic Party narrowly survived a no-confidence vote sparked by a $45 million Bitcoin donation scandal involving a convicted criminal. The controversy has intensified scrutiny on government
The Czech Republic’s Civic Democratic Party survived another no-confidence vote, triggered by opposition party concerns over a $45 million Bitcoin donation linked to a convicted criminal.
Peter Schiff questions stablecoins' ability to uphold the dollar's global reserve status. He sees stablecoins primarily as value storage or transfer tools, not dollar supporters. Continue Reading: Peter Schiff Sparks Debate on Stablecoins and the Dollar’s Global Standing The post Peter Schiff Sparks Debate on Stablecoins and the Dollar’s Global Standing appeared first on COINTURK NEWS .
US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.
The Senate passed a landmark bill to regulate stablecoins, with U.S. President Donald Trump hailing it as “pure GENIUS” and urging the House to send it to his desk without delay. ‘NO DELAYS’: Trump Pushes House to Pass GENIUS Act After Senate Approval The GENIUS Act, a first-of-its-kind federal framework for stablecoins, cleared the Senate
*US EYES THIS WEEKEND AS POSSIBILITY FOR IRAN ATTACK: BBG