The post Bitcoin Fee Shock: $2 for $1.5B Transfer – Tether’s Twenty One Capital Revealed appeared first on Coinpedia Fintech News A massive Bitcoin transfer earlier today turned heads across the crypto space. But what looked like an unexplained move is now part of a much bigger story. Tether CEO Paolo Ardoino has confirmed the 10,500 BTC, worth over $1.1 billion, was part of pre-funding for a new institutional Bitcoin fund called Twenty One Capital. Tether Group is moving 10500 BTC to address bc1qpzt4m58zzqgp84ktyuj5tz8g8k8ssg2g2d5eeerwhx4gxulqq5mqjzm5gc as part of the pre-funding of SoftBank's investment in Twenty One Capital (XXI) https://t.co/5PmG7w9TQ2 — Paolo Ardoino (@paoloardoino) June 3, 2025 More Than One Big Transfer The 10,500 BTC was just one of many large transactions. Over the last 48 hours, around 37,229 BTC have moved to new wallets. These include several transactions in the range of 14,000 BTC, 4,812 BTC, 7,000 BTC, and 917 BTC. All are reportedly linked to the same project, bringing the total value close to $4 billion based on today’s price. Inside Twenty One Capital Twenty One Capital is a new kind of fund focused on holding Bitcoin as its base asset. Instead of trading or speculation, the fund is designed to preserve value in BTC and then use it to expand into equities and debt markets. It follows a similar blueprint to MicroStrategy’s strategy but is launching before any IPO and is already backed by big names. Backed by Big Players The fund has strong backing from Tether, Bitfinex, and SoftBank. Cantor Fitzgerald is also said to be involved, supporting the capital structure. Leading the initiative is Brandon Lutnick, who has been identified in investor materials as the son of the US Secretary of Commerce. Tether is committing $1.5 billion worth of BTC, while SoftBank is adding $900 million and Bitfinex is in for $600 million. An extra $550 million is expected to come from convertible debt and private placements. Why This Matters This is one of the clearest signs yet that Bitcoin is gaining momentum as a foundation for institutional finance. Tether’s deep involvement and SoftBank’s entry bring a new level of credibility and capital to the table. With real money already moving and big players behind it, Twenty One Capital could mark the beginning of a new wave of Bitcoin-based financial products. However, on the flip side, Crypto analyst Bit Paine highlighted that Tether paid just $2 in fees to move $1.5 billion worth of Bitcoin. He pointed out that this amounts to a fee of just 0.000000001 percent, likely the lowest ever seen in traditional or digital finance. Paine called it a clear sign that the Bitcoin blockchain is still massively underpriced.
Tether and Bitfinex have executed a landmark transfer of 25,812 BTC, valued at approximately $2.7 billion, signaling a pivotal shift towards institutional Bitcoin ownership. This substantial transaction to Twenty One
BitcoinWorld Australian Dollar Weakens: Crucial Shifts in Asia FX Market Understanding global currency movements is crucial for anyone tracking financial markets, including those in the cryptocurrency space, as macro trends often influence investor sentiment across assets. Recently, the focus has been on the Asia FX Market , where activity has remained relatively muted, particularly concerning the performance of the Australian Dollar . Why is the Australian Dollar Softening? The Australian Dollar (AUD) has experienced downward pressure recently, a trend closely watched by traders globally. Several factors contribute to this softening, primarily centered around domestic economic conditions and the outlook from the Reserve Bank of Australia (RBA). Unlike some other major currencies that have seen volatility, the AUD’s recent moves appear more directly tied to specific local developments. Key reasons for the AUD’s softness include: Weaker-than-expected economic indicators. Expectations surrounding future RBA interest rate decisions. Global risk sentiment, although local factors seem dominant currently. This performance contrasts with periods when the AUD acted more as a risk-on currency, heavily influenced by global growth prospects and commodity prices. The current narrative is more about internal economic dynamics. What’s Happening in the Broader Asia FX Market ? Beyond the AUD, the wider Asia FX Market has seen a generally muted trading environment. Many regional currencies have traded within narrow ranges, showing limited directional conviction. This could be attributed to a balance of global factors, such as US dollar strength or weakness, and specific country-level economic developments or central bank actions. While the AUD has shown distinct weakness, other currencies in the region might be reacting to different pressures. For instance, some might be influenced by trade data with major partners, capital flows, or domestic inflation trends. The overall picture is one of caution, with investors perhaps waiting for clearer signals from major global economies or central banks. Here’s a simplified look at typical influences on Asian currencies: Influence Factor Potential Impact US Dollar Strength Often weakens local Asian currencies China’s Economic Performance Significant impact on trade-reliant economies Local Inflation Rates Influences domestic monetary policy Geopolitical Events Can cause capital flight or safe-haven flows Currently, a lack of strong catalysts, either positive or negative, seems to be keeping volatility suppressed across much of the region, with the AUD being a notable exception due to its specific domestic issues. How Does RBA Monetary Policy Impact AUD? The stance of the Reserve Bank of Australia (RBA) is a primary driver of the Australian Dollar ‘s value. Central banks influence currency values through interest rate decisions, quantitative easing/tightening, and forward guidance on future policy intentions. The recent tone from the RBA has been perceived as dovish, meaning they are less inclined to raise rates further and potentially more open to cutting rates sooner than previously anticipated or compared to other central banks. This dovish posture typically makes a country’s currency less attractive to foreign investors seeking higher yields. When the RBA signals potential rate cuts, the expected return on Australian dollar-denominated assets decreases, reducing demand for the currency. Conversely, a hawkish stance (signaling rate hikes) tends to strengthen a currency. The market carefully analyzes every RBA statement and speech for clues about the future path of interest rates. Any hint of a shift towards easing monetary policy can trigger a sell-off in the AUD, while unexpected hawkishness can lead to a rally. Understanding the nuances of RBA Monetary Policy is essential for predicting AUD movements. Analyzing Recent Economic Data Australia The dovish shift in RBA Monetary Policy is largely a reaction to recent Economic Data Australia has released. Data points such as inflation, retail sales, employment figures, and GDP growth provide the RBA with insights into the health of the economy and inflationary pressures. If these indicators suggest slowing growth or easing inflation, the RBA has more room, or indeed feels pressure, to consider lowering interest rates to stimulate economic activity. Recent data releases that have likely influenced the AUD’s softening and the RBA’s dovish tone include: Inflation figures showing a consistent decline, moving closer to the RBA’s target range. Retail sales data indicating weaker consumer spending than expected. Potentially softer labor market data, although employment has remained relatively resilient. GDP growth numbers suggesting a slowing pace of economic expansion. These data points collectively paint a picture of an economy that may be cooling, providing the RBA with the justification for a less restrictive monetary policy stance. Traders react swiftly to these releases, adjusting their expectations for future rate hikes or cuts, which directly impacts the Currency Performance of the AUD. What’s Next for Currency Performance in Asia? The outlook for Currency Performance across Asia, including the Australian Dollar , remains heavily dependent on a confluence of factors. Globally, the trajectory of US interest rates and the performance of the US dollar will continue to play a significant role. Domestically, in countries like Australia, the focus will remain squarely on incoming economic data and the subsequent signals from central banks like the RBA regarding their monetary policy path. For the AUD specifically, key watchpoints include: Future inflation reports: Will inflation continue to decline, reinforcing the dovish view? Employment data: Will the labor market remain strong, or show signs of weakening? RBA communications: Any explicit guidance on the timing of potential rate cuts. Global commodity prices: As a major commodity exporter, AUD remains sensitive to these movements. For the broader Asia FX Market , the key will be how regional economies navigate global economic conditions and whether domestic policies can provide stability or growth impulses. Investors will look for signs of recovery in major economies like China and assess how central banks across the region respond to inflation pressures and growth needs. In conclusion, the recent softening of the Australian Dollar is a direct consequence of weaker Economic Data Australia has reported and the increasingly dovish tone from the RBA Monetary Policy makers. While the broader Asia FX Market remains largely subdued, the AUD’s specific challenges highlight the importance of domestic fundamentals and central bank guidance in driving Currency Performance . Traders and investors will need to closely monitor these factors for potential shifts in the current trends. To learn more about the latest Forex market trends, explore our article on key developments shaping currency performance. This post Australian Dollar Weakens: Crucial Shifts in Asia FX Market first appeared on BitcoinWorld and is written by Editorial Team
Ethereum spot ETFs in the U.S. have experienced a remarkable 11-day consecutive inflow streak, accumulating over $634 million amid rising investor interest. This sustained inflow reflects growing confidence in Ethereum’s
Hyperscale Data ( NYSE: GPUS ) announced that its subsidiary Sentinum received about 17.4 Bitcoin ( BTC-USD ) in May 2025 and approximately 90 Bitcoin ( BTC-USD ) year to date from its mining pool services. Revenue is determined daily based on Bitcoin earned and its value. The company reminds stockholders that Sentinum intends to restart Bitcoin mining in Montana in June. The site will have about ten megawatts of power, enough for around 3,200 S19j Pro Antminers. Initially, operations will begin with about 2,600 Antminers, increasing to full capacity by July 2025. More on Hyperscale Data Hyperscale Data announces acceptance of $TRUMP meme coin as payment method at indirectly-owned unit Hyperscale Data looks to resume Bitcoin mining operations at Montana site Financial information for Hyperscale Data
HTX to support LayerEdge pre-staking event. SOON launches new coin-earning event.with 100% APR. The post HTX Weekly: 1 Jun. 2025 first appeared on HTX Square .
The post Pi Network Price Prediction For 2026 appeared first on Coinpedia Fintech News Pi Coin is holding on to the bearish trend, amid fading momentum, token unlocks, and a lack of bullish news. It is currently trading at $0.6448, and technical indicators like MACD and moving averages across all timeframes are also in the red. Only a few indicators hint at a possible bounce. Pi is showing a classic bearish pattern— an inverse cup and handle on the 4-hour chart. It’s now trading below the 50-day moving average. If Pi breaks below $0.5547, it could slide further toward the $0.40 range. $PI forms a textbook inverse cup & handle on the 4H — a classic bearish continuation. Now trading below the 50MA, momentum favors sellers. Break of $0.5547 = gateway to $0.40 lows. Trend is weak. Structure is bearish. Caution warranted. #PiNetwork #Picoin pic.twitter.com/hYi8AdQeBP — Joe Swanson (@Joe_Swanson057) June 2, 2025 What’s Holding the Token Back? Many in the Pi community are wondering where Pi is heading next. According to Pibartermall , three major issues are affecting the price. Firstly, the continuous supply in the market is impacting the price. Over 280 million tokens are set to unlock over the next 30 days. The lack of practical ecosystem apps, with no real-world usage and long-term value, has been hurting its long-term value. No Bullish Catalysts June 28 holds special significance for the Pi Network community as this date has been celebrated annually to mark milestones in the network’s development. However, in 2025, the Pi Core Team announced that the previous year’s Pi2Day would be the final official celebration. So, no major events or announcements are expected on June 28, 2025. To bounce back, Pi needs real progress and not just hype. The Core Team needs to launch more useful apps, and big exchange listings like Binance or HTX are key. The network also faces issues over centralisation. Right now, there are only 27 active nodes, no validators, and over 300 disconnected nodes, which shows that most control remains with the Core Team. On top of that, the Pi Foundation reportedly holds over 92 billion coins in 2,000+ wallets. Will Pi Bounce Back? According to CoinCodex, in 2026, Pi Network’s price is expected to range between about $0.51 and $1.76, with an average price around $1.07 for the year. March could be the best month, with Pi jumping nearly 172% higher than current levels. CoinDCX has a slightly bullish prediction, ranging from $3.8 to $5.9, as the ecosystem strengthens and adoption grows. Overall, Pi’s future depends on real progress and market trends. Bitget’s Long-Term Outlook Bitget’s long-term outlook for Pi Network (2026–2030) presents two scenarios: If Pi achieves mass adoption and is widely used for payments, DeFi, and e-commerce, supported by strong partnerships and consistent growth, its price could soar to $500–$1,000 or more by 2030. However, if it fails to move beyond early hype and lacks real-world utility, it may remain in the $50–$200 range.
The $96,700 level is crucial as BTC's network-based support. Historical trends show recovery when this support holds, otherwise deeper lows are explored. Continue Reading: Bitcoin Holds Steady, Eyeing Critical Price Thresholds The post Bitcoin Holds Steady, Eyeing Critical Price Thresholds appeared first on COINTURK NEWS .
The FDA Commissioner said the agency-wide rollout beat its original June 30 deadline and came in under budget.
Institutional investors have dramatically reshaped the Bitcoin market in 2025, acquiring over 417,000 BTC and signaling a pivotal shift in digital asset adoption. In contrast, retail investors have collectively sold