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16 Jun 2025 | 12:50:11 PM IST
Cryptocurrency News & Live Updates
Synopsis
Elon Musk acknowledged the need for updates to group chat features on the X platform, proposing the introduction of filters to manage user invitations and expressing appreciation for user feedback.
In recent developments, Elon Musk has indicated plans to improve group chat functionalities on the X platform, responding to user inquiries about invitation rules. Meanwhile, Binance Futures is set to launch new perpetual contracts for AAVEUSDC and UNIUSDC, offering significant leverage and 24/7 trading options. In the A-share market, stocks related to stablecoins have surged, with notable gains from companies like Sifang Jingchuang and Xinghui Entertainment. Additionally, Bitcoin’s price volatility signals a potential upcoming surge, as technical indicators suggest increased market activity. Lastly, Michael Saylor has expressed his willingness to advise Pakistan on its Bitcoin reserve strategy, following discussions with the country’s finance leaders. This initiative aims to integrate Bitcoin into Pakistan’s economic framework, highlighting the country’s ambition to modernize its digital asset policies and attract foreign investment.
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Elon Musk to Enhance Group Chat Features on X
Elon Musk acknowledged the need for updates to group chat features on the X platform, proposing the introduction of filters to manage user invitations and expressing appreciation for user feedback.
Binance Futures Introduces AAVEUSDC and UNIUSDC Contracts
Binance Futures will launch AAVEUSDC and UNIUSDC perpetual contracts on June 16, 2025, offering up to 75x leverage and 24/7 trading.
Surge in Stablecoin Stocks on A-Share Market
Stablecoin-related stocks in the A-share market have seen remarkable increases, with Sifang Jingchuang soaring by 20% and Xinghui Entertainment rising by 15%. Other companies like Lakala and Xiongdikeji also reported significant gains.
Is Bitcoin Price Volatility Signaling a Surge?
Bitcoin’s price volatility is poised to increase, suggesting a potential price surge as key indicators show positive trends.
Michael Saylor to Guide Pakistan’s Bitcoin Strategy
Michael Saylor has offered to advise Pakistan on its Bitcoin reserve strategy after discussions with finance leaders about integrating Bitcoin into the country’s economic framework.
Wall Street Set to Embrace DeFi and Ethereum
Joseph Lubin, Ethereum co-founder, anticipates that Wall Street will soon engage deeply with DeFi and cryptocurrencies due to rising institutional interest in Bitcoin and Ethereum.
Security Concerns Emerge for XChat’s File Feature
Blockchain investigator ZachXBT has raised alarms about XChat’s file sending feature, warning it could be exploited for malicious purposes if not properly secured. He recommends a filter setting for users to control file reception.
Ethereum Whale Inflows Indicate Recovery Signs
Ethereum is gaining momentum as large investors increase their market presence, with ETH trading at $2,575, reflecting a 1.5% rise in 24 hours.
Australia’s Digital Finance Strategy Could Generate Billions
A recent study presented at the Australian Digital Economy Conference indicates that strategic innovation in digital finance could yield significant economic benefits for Australia, particularly in foreign exchange and cross-border payments.
Ethereum (ETH) Exceeds 2,600 USDT with 2.82% Rise
As of June 16, 2025, Ethereum has surpassed the 2,600 USDT mark, currently trading at 2,612.40 USDT, reflecting a 2.82% increase over the past 24 hours.
Metaplanet Achieves 10K Bitcoin Milestone
Metaplanet has surpassed 10,000 BTC, reaching its 2025 target six months early after acquiring 1,112 BTC at an average price of $105,000 each, funded by a $210 million bond.
Israeli Strikes Target Iranian Military in Tehran
The Israeli military has executed strikes on the Iranian Islamic Revolutionary Guard Corps’ Quds Force and army headquarters in Tehran, based on precise intelligence, with no immediate response from Iran.
ETH and BTC Drive DeFi Growth in Finance
Joseph Lubin, co-founder of Ethereum, has pointed out the role of ETH and BTC as key assets for corporate treasuries, signaling a shift towards integrating traditional finance with decentralized finance (DeFi).
Bitcoin (BTC) Hits 106,000 USDT with 0.48% Rise
As of June 16, 2025, Bitcoin has surpassed the 106,000 USDT mark, trading at 106,015 USDT, reflecting a modest 0.48% increase over the past 24 hours.
Arbitrum Tops Cross-Chain Bridge Inflows at $656 Million
Recent data indicates that Arbitrum has led the cross-chain bridge market with a net inflow of $656 million, while Ethereum faced a significant outflow of $390 million.
Ethereum Whales Boost Holdings Amid Market Changes
Major Ethereum holders have increased their Ether (ETH) holdings by 1.49 million ETH, valued at about $3.79 billion, while retail investors are selling off. This surge comes despite modest price gains for Ether.
ZKJ Token Crashes 83% Amid Liquidity Crisis
Polyhedra Network’s ZKJ token plummeted over 83% to an all-time low of $0.3073 due to abnormal transactions and mass liquidity withdrawals linked to KOGE, leading to a significant market sell-off.
Metaplanet Plans $210 Million Bitcoin Bond Issuance
Metaplanet’s board has approved the issuance of $210 million in zero-interest bonds, with proceeds dedicated to Bitcoin purchases, maturing on December 12, 2025.
Vietnam Regulates Crypto with New Digital Law
Vietnam has officially recognized crypto assets through the Law on Digital Technology Industry, set to take effect in 2026, aligning with global anti-money laundering standards.
BNB Hits 650 USDT with 0.59% Daily Rise
As of June 16, 2025, BNB has reached the 650 USDT mark, reflecting a modest 0.59% increase over the past 24 hours.
Metaplanet Launches $210 Million Bitcoin Bonds
Metaplanet’s board has approved the issuance of $210 million in zero-interest bonds, with proceeds dedicated to Bitcoin purchases, maturing on December 12, 2025.
Trend Research Buys 100,000 ETH Options
LD Capital’s JackYi revealed that Trend Research has acquired 100,000 ETH options, asserting that current market fears are temporary and the firm remains committed to investing in market trends.
User Loses $100,000 in Pollution Record Attack
Foresight News reports that a user has suffered a loss of around $100,000 due to a historical pollution record attack, as revealed by Scam Sniffer.
AguilaTrades Boosts Bitcoin Holdings Using Leverage
Crypto trader AguilaTrades has expanded their Bitcoin holdings to approximately $261 million through a leveraged position of 2,474 BTC at 20x leverage, currently showing an unrealized profit of about $1.28 million.
Geopolitical Tensions Keep BTC Steady at $105K
Bitcoin remains stable around $105,000, supported by institutional buying amid geopolitical tensions, while discussions on potential upgrades like CheckTemplateVerify gain traction.
Liquidity Issues Persist in Cryptocurrency Market
Arthur Azizov of B2 Ventures emphasizes ongoing liquidity challenges in the cryptocurrency market, despite a market cap of $2.49 trillion and future growth projections. Tokens outside the top 20 face significant liquidity dispersion and pricing inconsistencies, exacerbated by recent market volatility.
Federal Reserve Expected to Hold Interest Rates Steady
ANZ Bank reports that the Federal Reserve is likely to keep the federal funds target rate unchanged, focusing on upcoming inflation data amid a stable job market.
BlackRock COO Emphasizes Traditional-Digital Market Integration
BlackRock’s COO has highlighted the merging of traditional capital markets with digital technologies as a key trend for the upcoming decade.
Ethereum (ETH) Falls Below 2,500 USDT
As of June 15, 2025, Ethereum has dipped below 2,500 USDT, currently trading at 2,498 USDT, reflecting a slight decrease of 0.42% over the past 24 hours.
Ethereum (ETH) Falls Below 2,500 USDT
As of June 15, 2025, Ethereum’s price has dipped below 2,500 USDT, currently trading at 2,498 USDT, reflecting a 0.42% decrease over the past 24 hours.
Bitcoin Mining Difficulty Sees Minor Drop Amid Challenges
Bitcoin’s mining difficulty has slightly decreased to around 126.4 trillion, reflecting ongoing challenges in the mining industry, including rising costs and reduced block rewards.
Bitcoin (BTC) Falls Below 105,000 USDT
As of June 15, 2025, Bitcoin has dipped below 105,000 USDT, currently trading at 104,979.53 USDT, reflecting a modest 0.61% increase over the past 24 hours.
ETH: The Digital Oil for the Global Economy?
ETH is currently trading at $2,542, showing a 1.89% increase after finding support around $2,500. A report from Etherealize emphasizes ETH’s role as essential digital infrastructure for institutions.
Growing Trend of Corporate Bitcoin Treasuries
More companies are now following MicroStrategy’s lead in accumulating Bitcoin, raising concerns about centralization as corporate treasuries hold a significant portion of the BTC supply.
Jill Ford Bridges Crypto Access Gap
At Bitcoin 2025, Jill Ford introduced ‘Hash Over Cash,’ a program aimed at reintegrating formerly incarcerated individuals into the workforce through Bitcoin mining training and equipment donations.
Will XRP Reach $7 Amid Ripple’s Optimism in 2025?
Ripple is advancing in its legal battle with the SEC, proposing a $50 million settlement. Experts debate whether XRP’s price could surge to $7 in 2025, driven by bullish developments and market sentiment.
Cryptos to Monitor: XRP, Solana, Zeta
This week, key cryptocurrencies to watch include XRP, Solana, and Zetachain, influenced by market catalysts like interest rate decisions and ETF developments.
Bitcoin’s 15-Year Security at Risk from Quantum Threats
Bitcoin’s security, reliant on elliptic curve cryptography, faces increasing threats from advancing quantum computing technologies, prompting urgent discussions on post-quantum solutions.
