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According to Odaily, UK-listed company Smarter Web Company has increased its Bitcoin holdings by acquiring an additional 45.32 BTC. Following this acquisition, the company's total Bitcoin holdings have reached 168.08 BTC.

According to BlockBeats, analyst @ali_charts suggests that Ethereum must maintain a price above $2,750 to sustain a bullish outlook. The current resistance level could potentially cause a decline to $2,500 or even $2,380 if not surpassed.

According to Cointelegraph, the native token of the Injective blockchain may soon be featured in a U.S. exchange-traded fund (ETF) as Canary Capital has established a trust in Delaware. This trust, named 'Canary Staked INJ ETF,' appears to be the asset manager's initial move towards offering a fund that provides staking exposure to the Injective (INJ) token. The formation of a Delaware trust is typically the first step for ETF issuers before proceeding with further filings to the Securities and Exchange Commission (SEC) for trading approval. While creating a Delaware trust does not guarantee the launch of an ETF, it is a common starting point for many crypto-tracking ETFs. Currently, there are no specific details available about Canary Capital's planned INJ fund. However, the company previously filed for an ETF in April to hold the Tron blockchain's native token, TRX, and stake a portion of the tokens to generate yield. This involves locking some tokens to support the blockchain and receiving additional tokens as a reward. In Europe, asset manager 21Shares launched an Injective exchange-traded product in July, which similarly tracks the INJ token and captures staking yield for reinvestment. Canary Capital has not yet responded to inquiries regarding its Delaware trust. The news of Canary Capital's creation of the Delaware trust has positively impacted the Injective token, which saw a 3.7% increase over the last 24 hours. The blockchain's X account shared the news on Monday, contributing to the token's upward trend. Over the past week, INJ has gained more than 10.5%, with DappRadar indicating a slight increase in transactions and users. Injective markets itself as a layer-1 blockchain focused on artificial intelligence agents and tokenizing real-world assets and stocks, which are currently popular applications in the crypto space. Under the administration of U.S. President Donald Trump, fund issuers have filed for various innovative crypto ETFs, with the administration promising to ease crypto regulations. However, the SEC has expressed concerns about the legality of crypto staking ETFs under securities laws. Last month, the SEC staff informed REX Financial and Osprey Funds, which are planning to launch ETFs tracking Ether (ETH) and Solana (SOL) with staking, that their current structure might not meet the definition of an investment company required for trading. Despite these concerns, analysts remain optimistic that the companies and the SEC can resolve the legal challenges. Bloomberg ETF analyst Eric Balchunas noted in a May 31 X post that REX lawyers are confident in finding a solution.

According to Odaily, five members of an international cryptocurrency fraud ring have confessed to their involvement in a $36.9 million scam targeting U.S. victims, with the funds ultimately being transferred to Cambodia. The defendants, identified as Joseph Wong, Yicheng Zhang, Jose Somarriba, Shengsheng He, and Jingliang Su, used social media, instant messaging platforms, and dating apps to connect with victims. After gaining their trust, they persuaded them to invest in fraudulent cryptocurrency projects. The scammers utilized shell companies and U.S. bank accounts to collect the funds, which were then converted into USDT and sent to cryptocurrency wallets controlled in Cambodia. Zhang and Wong face up to 20 years in prison for their guilty pleas, while the other three defendants could receive sentences of up to 5 years.

According to PANews, South Korea's ruling party has introduced legislation to permit the issuance of stablecoins. The proposed Digital Asset Basic Act would allow South Korean companies with capital exceeding $368,000 to issue stablecoins. This legislative move aims to regulate and facilitate the growth of digital assets within the country.

According to BlockBeats, Senate Majority Leader John Thune has filed a motion to end debate on the GENIUS Act, with a vote scheduled for Wednesday. The motion, submitted on Monday, pertains to the foundational bill known as the Guiding and Establishing National Innovation in U.S. Stablecoins Act and its bipartisan amendments. Last month, lawmakers rejected the stablecoin bill with a vote of 66 in favor and 32 against, initiating the debate termination process. This procedural tool is used to limit debate and compel a vote.

According to Odaily, economist Nouriel Roubini, often referred to as 'Dr. Doom,' has recently adjusted his outlook on the U.S. economy, shifting from a recession forecast to a more optimistic view. He anticipates that new technologies, such as artificial intelligence and nuclear fusion energy, will drive a cycle of investment and productivity growth in the United States by 2030. Roubini predicts that the GDP growth rate could rise from the current 2% to 4%, and the U.S. stock market, including indices like the S&P 500, may experience high single-digit gains by 2025. Roubini attributes his positive economic outlook to the rapid release of AI effects and the approaching commercialization of nuclear fusion, combined with the market's enhanced ability to respond to policies from U.S. President Donald Trump. Despite remaining cautious about structural threats such as geopolitical conflicts and debt risks, he considers the overall risks to be 'manageable.' Roubini also emphasized his stance as a 'realist,' countering the perception of him as a perpetual pessimist, suggesting that the 'Dr. Doom' label is inaccurate.

According to BlockBeats, monitoring by Lookonchain reveals that several institutional wallets have deposited a total of 48.48 million LDO tokens, valued at $45.6 million, into centralized exchanges over the past month through wallet 0xC4Db. Recently, Paradigm Capital transferred 10 million LDO tokens, worth $8.41 million, to wallet 0xC4Db, indicating potential further sales.

According to BlockBeats, James Wynn expressed his views on the market on the X platform, highlighting concerns about excessive leverage in altcoins. He noted that many investors are not adequately hedging with Bitcoin. Wynn suggested that Bitcoin's market dominance (BTC.D) could reach unprecedented levels, potentially delaying the onset of a robust altcoin season. He believes that altcoin season will commence when BTC.D declines and stabilizes. In his opinion, Bitcoin needs to reach at least $120,000 to $140,000 for this shift to occur.

According to Cointelegraph, the amount of Ether (ETH) staked on the Beacon Chain has reached a new record high, with 34.65 million ETH staked as of Sunday. This surpasses the previous peak recorded on November 10, 2024. The staking levels have remained relatively stable above 33 million for the past year, but began to increase again in June, as reported by the network explorer Beaconcha.in. This rise in staking suggests that more Ether holders are opting to stake their assets for yield rather than selling at current market prices. A Dune Analytics dashboard confirmed this record, noting that 34.8 million ETH was staked as of Monday, while Ultrasound.Money reported a slightly lower figure of 34.7 million. The analytics platform also highlighted that the staked amount represents 28.7% of the current circulating supply of Ether, which stands at 120.8 million. This comes as issuance returned to an inflationary state in February. The increase in staked Ether coincides with anticipation in the industry for the approval of spot Ether ETF staking by the U.S. Securities and Exchange Commission. Analysts predict that staked Ether ETFs could be introduced "within the next few weeks," following a recent filing by ETF provider REX Shares, which employed "regulatory workarounds." Meanwhile, BlackRock's iShares Ethereum Trust (ETHA) has been actively accumulating Ether, marking 23 consecutive trading days without any outflows, according to Farside Investors. Despite the asset's modest price performance over the past two years, with a gain of approximately 50%, the amount of Ethereum staked has surged by 77% during the same period. On Tuesday, ETH prices rose by more than 8%, reaching $2,700, the highest level since May 29. This price point has acted as resistance four times over the past month, indicating that breaking through this level is crucial for continued upward momentum.

According to PANews, ZK Nation has released an announcement regarding the unlocking of ZK tokens. Initially issued in 2024, approximately 33.3% of the total token supply was allocated to Matter Labs team members and investors. On June 18, up to 25% of the vested team member token allocation and 10% of the vested investor token allocation will be unlocked. The token allocations received by Matter Labs team members and investors at the Token Generation Event (TGE) are set to unlock over four years, with a one-year vesting period. Based on current calculations, the June unlock will release 3.6% of the total token supply, equivalent to approximately 760 million tokens, from the maximum supply of 21 billion tokens. Starting in July 2025, it is expected that 0.8% of the total token supply, around 167 million tokens, will be unlocked monthly until June 2028. It is noted that about 33.3% of the total token supply is allocated entirely to Matter Labs team members and investors, with no specific allocation to the Matter Labs entity itself.

According to BlockBeats, CertiK Alert has identified suspicious transactions involving the Anome project on the Base chain. The attacker used 0.2 ETH to purchase a significant amount of Bnome tokens, which were then transferred to contract 0x7144. The attacker subsequently borrowed approximately 44 ETH, equivalent to around $120,000, in Anome USD. These funds were then deposited into the anonymous mixing service platform Tornado Cash.

According to BlockBeats, on-chain analyst Ai Yi has reported that a whale has liquidated 5,002 ETH purchased between June 1 and June 5. The Ethereum was initially bought at an average price of $2,580 and sold at an average price of $2,625.76, resulting in a profit of $231,000.

According to PANews, Bitcoin-focused investment startup Parataxis Holdings LLC is set to go public through a merger with special purpose acquisition company SilverBox Corp IV. The two companies announced on Monday that they have signed a non-binding letter of intent, signaling another cryptocurrency-related firm aiming to enter the public market. The transaction is subject to customary procedures, including due diligence, final agreement signing, and regulatory approval.

According to Foresight News, U.S. President Donald Trump has announced positive developments in negotiations with China. He noted that promising updates have been received from London and mentioned the possibility of lifting export controls. The discussions between the United States and China are ongoing, indicating a potential easing of trade restrictions.

According to BlockBeats, analyst Jose Antonio Lanz from Decrypt has observed that the gap between Bitcoin's 50-day and 200-day exponential moving averages (EMA) is widening. This development is typically seen as a sign of increasing bullish momentum in the market. Moving averages represent the average price of an asset over a specific period, in this case, the past 50 days and 200 days, respectively. A larger gap indicates a stronger market trend. This trend confirms a bullish outlook for the medium term while successfully avoiding a potential 'death cross.' It also suggests that the short-term moving average range can be viewed as a solid price support zone. Consequently, even if there is a price pullback, it is unlikely to fall below the critical support level of $100,000, where the current EMA lines are positioned.

According to Foresight News, Worldcoin has announced that users in the United Kingdom can now fully access the World Network, including human verification services enabled by Orb technology. Starting June 12, these services will be available at various locations in London. Over the coming months, the services will be extended to other major cities such as Manchester, Birmingham, Cardiff, Belfast, and Glasgow.

According to Foresight News, WalletConnect has announced via Twitter that it now supports MagicEden. This development marks a significant expansion in WalletConnect's capabilities, allowing users to connect with the MagicEden platform seamlessly. MagicEden is known for its role in the digital marketplace, and this integration is expected to enhance user experience by providing more connectivity options. WalletConnect continues to broaden its reach in the digital ecosystem, aiming to facilitate smoother interactions between various platforms and their users.

According to BlockBeats, Morgan Stanley is reaching out to a broader range of investors to boost demand for a $5 billion debt issuance by Elon Musk's AI startup, xAI Corp. This transaction highlights the impact of tensions between Musk and U.S. President Donald Trump. Insiders report that when Morgan Stanley initiated the debt offering early last week, it had already secured over $3.5 billion in subscription orders. Some investors believe this indicates the deal will soon be oversubscribed, a common occurrence in Musk's previous financing projects. However, as of Monday, demand had only increased to approximately $5 billion. Consequently, Morgan Stanley has begun contacting smaller lending institutions that were not initially approved to participate last week.

According to Foresight News, Willy Woo recently highlighted Tether's significant impact on the cryptocurrency industry. Founded in 2014, Tether addressed the banking service challenges faced by the sector, as banks were generally unwilling to provide services to crypto companies at the time. Today, Tether has become the fifth most profitable company globally, surpassing financial giants like Morgan Stanley and Goldman Sachs, despite having only around 100 employees. Woo suggests that Tether has the potential for at least tenfold growth in the future.