CIRCLE SHARES INDICATED $42/$44 AFTER IPO PRICED AT $31

CIRCLE SHARES INDICATED $42/$44 AFTER IPO PRICED AT $31 $CRCL

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Bitcoin and Cryptocurrencies Weak in June! Will History Repeat Itself? Here's What Analysts Say

Bitcoin (BTC) and other major cryptocurrencies have struggled to provide investors with a clear directional signal amid a historically bearish June, further deepening the slump as inflows into spot Bitcoin ETFs have slowed. Bitcoin and Cryptocurrencies Weak in June: ETF Inflows Slow According to data published by 10x Research, June is generally a mixed or negative month for Bitcoin. Over the past 10 years, BTC's average return this month was recorded as 1.9%, with half of them being positive and half being negative months. Ethereum (ETH) has performed less well: it has only risen in two of the last seven Junes, with an average decline of 11.7%. XRP has performed even worse, while Solana (SOL) has remained relatively more resilient. This weak outlook is also reflected in the waning interest in spot Bitcoin ETFs traded in the U.S. According to SoSoValue data, the ETFs saw net inflows on only two of the last five trading days. ETF inflows remained at $87 million on Wednesday, a sharp drop from Tuesday’s $387 million. Inflows into Ethereum ETFs also fell to $57 million, the lowest since May. “The weakening pace of institutional inflows suggests that we are losing momentum and forces us to remain cautious about the near-term outlook,” said Valentin Fournier, chief research analyst at BRN. However, some analysts are more optimistic. “Despite the seasonal summer lull, structurally positive ground remains. BTC and ETH supply growth rates are now lagging behind global money supply growth, increasing the likelihood of positive price action in the long term. New treasury buyers are absorbing supply,” QCP Capital said. The company also pointed out the relative strength of Ethereum, noting that the ETH-BTC ratio is trading near recent highs. *This is not investment advice. Continue Reading: Bitcoin and Cryptocurrencies Weak in June! Will History Repeat Itself? Here's What Analysts Say

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Good News for XRP and DOGE? Coinbase Unveils Wrapped Versions on Base Network

The largest American crypto exchange, Coinbase, has launched wrapped versions of XRP and Dogecoin on its Ethereum-based layer-2 network, Base. According to a series of tweets from the Coinbase Assets X account, the crypto exchange holds 1:1 reserves for the underlying assets of cbXRP and cbDOGE in its custody. cbXRP, cbDOGE Go Live on Base The launch of wrapped tokens for XRP and DOGE will enable cross-chain functionality for the assets. Market participants can now use cbXRP and cbDOGE to interact with applications on the Base network. So far, Coinbase has issued 10.4 million cbDOGE worth approximately $1.88 million per Dogecoin’s price at the time of writing. The exchange has also issued at least 2.3 million cbXRP worth more than $5 million. To prevent scammers from misleading users, Coinbase has provided the Base contract addresses for cbXRP and cbDOGE. cbXRP and cbDOGE have joined the growing list of wrapped assets across the Base network. Coinbase has already issued Wrapped Bitcoin (cbBTC) and Wrapped Ether (cbETH). The company plans to launch similar versions for Cardano (ADA) and Litecoin (LTC) in the coming weeks. Coinbase’s Wins and Challenges Since last year, the exchange has been expanding its market for wrapped tokens, especially after the successful launch of cbBTC. The product went live on Base and Ethereum in mid-September 2024, becoming the third-largest wrapped bitcoin version within a week. It has maintained that position with a market capitalization of at least $4.7 billion, according to data from CoinGecko, trailing behind Binance’s wrapped BTC (BTCB) and BitGo’s product, WBTC. This latest milestone comes shortly after Coinbase joined the S&P 500 stock market index, marking the first time a crypto company has achieved this distinction. The firm has also recently entered into an agreement to acquire Deribit, the largest crypto derivatives platform, for $2.9 billion. While the crypto exchange records new wins, it is also tackling certain challenges. Coinbase faced a massive data breach that affected at least 69,000 users. The incident not only compromised user data and Coinbase’s support infrastructure but also led to a loss of up to $400 million. As the firm tries to handle the situation, it has come under intense scrutiny for failing to disclose the cyberattack when it was first noticed. The post Good News for XRP and DOGE? Coinbase Unveils Wrapped Versions on Base Network appeared first on CryptoPotato .

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Silo Pharma Board Approves $1 Million Bitcoin Purchase to Diversify Reserves and Hedge Inflation

Silo Pharma (Nasdaq: SILO), a US-listed pharmaceutical firm, has received board approval to acquire up to $1 million in Bitcoin as part of its reserve assets, according to a recent

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Exclusive: Top cloud mining company BJMINING launches revolutionary new features, attracting global attention

Since its founding in the UK in 2015, BJMINING has been committed to delivering top-quality Bitcoin cloud mining services to investors around the world. As an industry pioneer, we integrate advanced technology with rigorous operational management to ensure every client enjoys a stable and transparent investment experience. Whether you’re a newcomer to the crypto space or a seasoned investor seeking portfolio diversification, BJMINING is your ideal choice. Why Choose BJMINING? (1) A Professional Technical Team Our team consists of experts from diverse fields, including blockchain technology, data center operations, and financial market analysis. Together, they work to maximize mining efficiency, reduce operational costs, and provide cutting-edge technical support and services to our clients. (2) Global Data Centers To ensure optimal mining performance, we have strategically built data centers in multiple global locations known for stable energy supply and favorable climate. These facilities are equipped with top-tier mining hardware, advanced cooling systems, and robust security protocols—ensuring uninterrupted, year-round performance. (3) Transparent Management System Trust is at the core of our business. That’s why BJMINING adheres to a fully transparent operational model. Every dollar spent is clearly accounted for. From daily earnings to fee breakdowns, all information is accessible, enabling clients to track and understand their investments in real time. BJMINING Profit Table BJMINING Looks to the Future, Not Just the Present By the end of 2025, the platform plans to establish a new green data center in Iceland, leveraging geothermal energy to further enhance mining efficiency. At the same time, BJMINING is committed to investing $50 million annually into global environmental initiatives—truly mining without harming the planet. Take Action Now! The future of Bitcoin is filled with limitless possibilities, and BJMINING is your key to unlocking that wealth. Whether you’re testing the waters or diving in fully, BJMINING offers tailored solutions to meet your investment goals. Visit bjmining.com or contact info@bjmining.com to begin your cloud mining journey today! Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Exclusive: Top cloud mining company BJMINING launches revolutionary new features, attracting global attention appeared first on Times Tabloid .

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XRP faces $2.2B unlock: Will its $2.14 support tumble under pressure?

XRP faces critical price pressure after a massive escrow unlock, with $2.14 acting as pivotal support.

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Banned illicit crypto marketplaces Huione and Xinbi Quietly resurface on Telegram

Banned by Telegram in May, the Huione and Xinbi Market channels have resurfaced under new names, TRM Labs said in a recent update. Despite Telegram’s May 13 ban on the notorious Huione Guarantee and Xinbi Guarantee crypto marketplaces, both appear to have reemerged — according to blockchain intelligence firm TRM Labs — following a familiar cybercrime pattern where shuttered platforms resurface under new names, new channels, or slightly altered forms. In a May 29 blog post , TRM Labs revealed that despite Telegram’s ban on Huione Guarantee’s public-facing vendor channels, Huione Group is “still operating channels for its ‘VIP’ vendors on the platform.” More than that, the Cambodia-based company has also relaunched its crypto exchange, which continues to process payments using its own USDH stablecoin. Huione Group’s re-emerged crypto exchange on Telegram | Source: TRM Labs TRM Labs also said it found indications that Xinbi Guarantee, banned the same day, had resumed activity on Telegram “within days.” Some vendors linked to Huione Guarantee and its wallet service, Huione Pay, were also active on Xinbi Guarantee, raising the possibility of shared infrastructure or close coordination between the two, the analysts note. These findings come despite recent enforcement steps. Just two weeks before the bans, the U.S. Financial Crimes Enforcement Network designated Huione Group as a “primary money laundering concern.” And on May 29, the Treasury’s Office of Foreign Assets Control sanctioned Funnull Technology, a Philippines-based cyber scam operator reportedly linked to Huione’s services. But enforcement efforts haven’t fully pushed these networks completely underground as Telegram still functions as the main gateway for many such operations. And when bans do occur, operators often adapt quickly: new aliases, new channels, same methods. The rise of guarantee marketplaces To understand the current landscape, it helps to know what guarantee marketplaces are, and why they matter. Unlike traditional darknet markets, platforms like Huione Guarantee and Xinbi Guarantee don’t operate on Tor or in obscure corners of the internet. They function openly on Telegram and don’t directly sell illicit goods. Instead, they facilitate transactions between buyers and vendors, mostly across Southeast Asia and China. Directory of merchants on Huione Guarantee | Source: Elliptic The concept is straightforward: create a trusted environment for high-risk or illegal deals. Huione Guarantee served as a kind of escrow service. Vendors offered services ranging from SIM cards and fake IDs to surveillance equipment and fake investment platforms. Buyers browsed listings and paid in stablecoins like Tether ( USDT ). You might also like: Telegram shared data from 2,253 users with US officials in 2024 To maintain “trust,” vendors were required to post a security deposit that could be forfeited in the event of fraud. Automated bots managed logistics, and all payments flowed through crypto, preserving user anonymity. As another blockchain firm Elliptic put it , the marketplace administrator “controls access and operates anti-fraud mechanisms such as merchant deposits (‘guarantees’) and escrow services.” The result, in effect, was a vast digital bazaar for cybercrime, running on stablecoins and encrypted chat apps. Huge money, bigger risks These weren’t marginal operations. TRM Labs said Huione facilitated at least $81 billion in crypto transactions since 2021. That’s more than the infamous Hydra darknet market before it was shut down in 2022. Xinbi, by comparison, was tied to over $8.4 billion in USDT transactions since 2022. Combined, their volumes appear to surpass every other known illicit marketplace to date, including Silk Road and Alphabay. Darknet marketplaces by their inflows | Source: Elliptic Telegram did take action. On May 13, the company removed several related channels and banned associated usernames, limiting vendors’ ability to direct users to replacement groups. Still, Huione’s team had contingencies in place. “The marketplace was ready — using backups to recreate the marketplace in new channels,” Elliptic noted. One major Huione group dropped from over 800,000 members to around 250,000, but continued operating. Xinbi’s operators seemed even more brazen, announcing a relaunch under the name “Xinbi 2.0.” Some users reportedly expressed concern about a possible “exit scam.” Beyond fraud While financial fraud and identity theft dominated activity on these platforms, some listings were more disturbing. TRM Labs and Elliptic identified vendors offering electric shock devices, metal restraints, and even women marketed as surrogates. Captions — apparently machine-translated — suggest some of these items were intended for use in scam compounds. The marketplaces were built to serve professionalized scam networks. Users didn’t need to run an entire operation just purchase what they needed. SIM cards, malicious scripts, money laundering contacts, everything was on offer. With Telegram offering access to over a billion users and crypto enabling anonymity, the environment proved ideal, at least until it drew too much attention. Persistence over platform The apparent resurgence of these markets underscores how adaptable such networks can be. After Telegram’s enforcement action, some Huione-affiliated vendors migrated to Tudou Guarantee, a platform reportedly backed by Huione last year. According to TRM Labs, Tudou’s user count jumped by nearly 30% in the aftermath. More moves could follow. TRM Labs noted that Huione Group and Xinbi-related operators are exploring alternatives to Telegram, such as ChatMe and SafeW, proprietary messaging platforms modeled on Telegram but free from third-party moderation. In effect, the ecosystem remains intact even if the surface names change. Read more: Southeast Asia’s criminal syndicates launch custom infra, stablecoins for global fraud, UN warns

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Zebec buys compliance firm Gatenox ahead of MiCA, FCA regulatory push

Zebec’s move reflects a shift toward embedding compliance at the protocol level, with firms facing more stringent regulatory requirements.

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Peter Schiff Suggests Bitcoin Could Be Near a Top Amid Gold Treasury Shifts and Metal Rally

Peter Schiff reignites debate by signaling a potential Bitcoin (BTC) top amid a surge in precious metals prices. Schiff highlights treasury shifts by gold companies into Bitcoin as a critical

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Peter Schiff Issues Brutal 'Bitcoin Top' Signal

Companies buying Bitcoin is top signal, Schiff warns: Details inside

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