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Metaplanet has announced a $50 million 0% bond issuance, which it plans to use to support its Bitcoin purchase.
Quick Take Telegram is looking to raise $1.5 billion through a new bond issuance, including from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala. The move comes as the messaging firm partners with xAI to integrate the Grok AI chatbot, which will bring in $300 million through a cash and equity deal as well as subscription revenue. On Wednesday, the independent TON Foundation, which oversee development of the Telegram-focused Layer 1, hired a new vice president as it expands its paym
Quick Take Polygon Labs and GSR have incubated a DeFi-focused blockchain called Katana, which is launching in private mainnet on Wednesday. The network is designed to concentrate liquidity across its applications, including launch partners like Sushi and Morpho, helping users to generate yield. Users can start locking up ETH, USDC, USDT, or WBTC during the Katana private mainnet period will receive KAT tokens.
Avalanche (AVAX) shows early signs of a potential trend reversal as it eyes a breakout above its 18-month descending channel.
AVAX nears key resistance at $27, a breakout could spark rally toward $43 Technicals show mild bullish bias, but momentum lacks strong confirmation Rising open interest signals increased trader focus and potential price volatility
- 07:56Musk's Father Says Publicly Challenging Trump is a Mistake: Trump Will WinElon Musk's father, Errol Musk, stated in an interview with Russian media in Moscow on Monday that Elon made a mistake by publicly challenging Trump and reiterated that Trump would win. He said, "You know, they have been under tremendous pressure for five months, let them take a break. They are very tired and stressed, so you can expect such things." "Trump will win—he is the president, he is the elected president. So, I think Elon made a mistake. But he is tired and under a lot of pressure," said Errol Musk. He also mentioned that this dispute is "just a small matter" and "will be over by tomorrow."
- 07:37Analyst: A Series of Active Cryptocurrency ETFs "Have a Chance" to EmergeAccording to Cointelegraph, Bloomberg ETF analyst Eric Balchunas stated in a post on X (formerly Twitter) on June 7 that at some point in the future, an actively traded Meme coin ETF is "very likely" to emerge. He added, "First, we will see a series of actively managed cryptocurrency ETFs," and predicted that an actively managed fund investing solely in Meme coins is likely to appear by 2026. His comments were in response to a post on X by the Russia-focused Meme coin team "Vladcoin." The Vladcoin team stated, "There should be an actively traded Meme coin ETF that buys and sells based on performance." They added that an actively traded fund would "hold promising coins and sell weaker ones."
- 07:37Citi: Fed Expected to Cut Rates by 50 Basis Points in January and March 2026 (Cumulative)Citi: The Federal Reserve is expected to cut interest rates by a total of 50 basis points in January and March 2026. (Jin10)