Bitdeer announces plans to issue $300 million in convertible senior notes in a private placement
on June 18th, according to the official announcement, Bitdeer announced its intention to privately issue $300 million in 2031 convertible preferred notes to qualified institutional investors, with a possible additional issuance of $45 million. The notes will be issued as general unsecured debt of the company, with interest paid semi-annually.At conversion, the company may choose to pay in cash, Class A common stock, or a combination of both. Some of the proceeds will be used to pay the cash consideration for zero-cost call options trading and simultaneous notes exchange transactions, with the remaining funds allocated to data center expansion, ASIC-based mining machine development and manufacturing, and working capital.
Data: ETH falls below $2,500
OKX-ETH/USDT is now at $2499.82, down 0.27% in the last 5 minutes.
Spanish coffee chain Vanadi Coffee increases holdings by 20 Bitcoins
according to the official announcement, the Spanish coffee chain company Vanadi Coffee SA increased its holding of 20 bitcoins, bringing its total holdings to 30 bitcoins.
Binance will support IoTeX (IOTX) network upgrade and hard fork
according to the official announcement, Binance is expected to suspend the token deposit and withdrawal services of the IoTeX (IOTX) network at 08:28 on June 19, 2025 (UTC+8) to support its network upgrade and hard fork. This is aimed at providing users with a better experience. The project team will perform the network upgrade and hard fork at block height 36,893,881 (expected to be on June 19, 2025 at 09:28 UTC+8).
Bitget launches the 12th on-chain trading competition, trading AB unlocks 11.25 million AB airdrops
the 12th round of on-chain trading competition on Bitget is about to start. Users who buy AB and rank in the top 1500 in terms of trading volume will receive a reward of 7,500 AB airdropped, with a total prize pool of 11,250,000 AB. Users can click the "Join Now" button to sign up, and only on-chain trading orders after successful registration will be counted. The event will take place from June 18th 18:00:00 to June 23rd 18:00:00 (UTC+8).
OP Labs Product Manager: Every Fintech Company Will Run Its Own Blockchain in the Next Five Years
on June 18, according to CoinDesk, Sam McIngvale, the product manager of OP Labs, said that within the next five years, every cryptocurrency exchange and fintech company will operate their own blockchain.McIngvale pointed out that Coinbase's second-layer network, Base, has been hugely successful since its launch in 2023, proving the validity of this trend. Base has not only attracted a large number of users and developers, but also allows idle crypto assets to generate income through lending when combined with Coinbase's Bitcoin collateral loans. Currently, exchanges such as Kraken, Bybit, Bitget, and OKX have launched second-layer blockchains based on Optimism technology, while fintech companies like Robinhood are also exploring second-layer solutions connected to Ethereum.McIngvale stated that Optimism's modular "superchain" vision will allow users to seamlessly switch between different blockchains like browsing websites, thus enhancing user experience.
The U.S. Department of Justice and Europol have seized Archetyp Market, the world’s largest dark web drug market using Monero.
an international law enforcement operation has successfully dismantled one of the world's largest dark web crime markets, "Archetyp Market". The platform is estimated to have generated over 250 million euros (approximately 267 million US dollars) in sales, relying entirely on the privacy-focused cryptocurrency Monero (XMR) for transactions.
Japanese fashion brand ANAP increased its holdings by about 31 BTC, bringing its total holdings to 184.7 BTC
according to official announcement, Japanese fashion brand ANAP Holdings disclosed today that it has purchased about 31.2108 BTC, currently holding approximately 184.6735 BTC.
The current BTC short position of “Hyperliquid Insider” is worth $116 million and still has a floating profit of $3.366 million
on June 18, according to on-chain analyst Ai Auntie (@ai_9684xtpa) monitoring, the "Hyperliquid insider" currently has a short position worth $116 million still floating profit of $3.366 million, opening price $107,766.3, liquidation price $110,950, no other operations have been made since the opening on 06.13.
QCP: The Fed may lower its expectations for the number of rate cuts, which will be bearish for risky assets such as Bitcoin
June 18th, QCP released an analysis stating that against the backdrop of rising geopolitical conflicts and inflationary pressures, the Fed's interest rate decision tonight is facing a complex situation. The Fed's interest rate decision meeting tonight is expected to keep rates unchanged, while sending a hawkish signal, emphasizing the increased inflation risks brought about by geopolitical uncertainties.The current market expects two rate cuts in 2025 and two more in 2026. However, QCP believes that the Fed may lower its expectations for rate cuts in the latest dot plot. If the Fed makes such an adjustment, it could put pressure on risk assets, including bitcoin and a broader range of digital assets, due to reduced liquidity expectations.
Bitget Onchain Launches BASEDD Token
Bitget Onchain launches Solana ecosystem MEME token BASEDD. Users can start trading on the chain trading section.
OpenAI accuses Meta of trying to poach developers from OpenAI for $100 million
OpenAI CEO Sam Altman accused Meta, owned by Zuckerberg, of trying to catch up in the artificial intelligence competition by offering $100 million in signing bonuses and higher salaries to lure developers away from OpenAI. Altman said that Meta, valued at $1.8 trillion, has started offering "huge bids" to employees in his team after falling behind in its current artificial intelligence advancement work. He also said, "I think it's reasonable for them to keep trying. Their current efforts in artificial intelligence have not met expectations, and I respect their continued proactive attitude. But none of the 'best talents' under me have accepted Zuckerberg's invitation." According to a source, as part of the Superintelligence program, CEO Zuckerberg has been personally selecting talents and calling them.
Wang Xin, Director of the Research Department of the Central Bank: The future status of the US dollar depends on two aspects. Market confidence in the US dollar has declined.
2025 Lujiazui Forum today, Wang Xin, Director (Director) of the Research Bureau of the People's Bank of China (Office of Counselors), said that the future status of the US dollar depends on the US economy and US policies on the one hand. We have seen significant changes and a decrease in market confidence in the US dollar. On the other hand, it also depends on the development of other major currencies and other major currency issuing countries, which is a comprehensive result. Generally speaking, if we move from a system that relies too much on the US dollar to several major currencies competing with each other, providing some constraints and incentives for the policies of major currency issuing countries, it should be a better improvement.
China Securities Regulatory Commission: Qualified foreign investors will be allowed to participate in ETF options trading
China Securities Regulatory Commission announced that, with the approval of the People's Bank of China and the State Administration of Foreign Exchange, qualified foreign investors will be allowed to participate in onshore ETF option trading starting from October 9, 2025, with the trading purpose limited to hedging.
Matrixport: Global liquidity change indicators may push Bitcoin prices to $140,000 by the end of this summer
Matrixport released a chart today stating that over the past 18 months, global liquidity changes have reflected Bitcoin trends ahead of time multiple times, which many investors consider an important "leading indicator." However, as the market structure evolves, the predictive power of this model is weakening and requires continuous validation and dynamic adjustments.
Musk: Bloomberg's report that xAI is burning $1 billion a month is untrue
Bloomberg previously reported that Musk's AI startup xAI is trying to raise $9.3 billion through debt and equity financing, as it burns $1 billion a month. Musk denied this and called the report "groundless."
Iranian crypto exchange Nobitex: Confirmed to have been hacked, hot wallet assets damaged
Iranian cryptocurrency exchange Nobitex today released a security incident notification, confirming that the platform has been attacked by hackers, with some hot wallet assets affected. It is reported that the Israeli hacker group "Gonjeshke Darande" has claimed responsibility for the attack and threatened to publicly release Nobitex's source code and internal information within 24 hours.Nobitex has stated that assets in cold storage are safe, and they promise to fully compensate for losses through insurance funds and platform resources. Currently, the platform website and applications have been temporarily shut down, awaiting completion of a comprehensive investigation by the security team.
China Launches e-CNY International Hub in Shanghai, Boosting Yuan's Global Influence
The Governor of the People's Bank of China, Pan Gongsheng, announced the establishment of an international operation center for the e-CNY in Shanghai during the Lujiazui Forum. The main objective of the center is to enhance the global influence of the Chinese yuan through its digital version. Despite being one of the most advanced central bank digital currency projects globally, the e-CNY has faced slower user adoption, especially for cross-border transactions. Pan highlighted the importance of blockchain and distributed ledger technologies in shaping global payment systems, emphasizing the role of stablecoins and CBDCs in transforming cross-border settlement infrastructure. China's decision to launch the e-CNY international hub in Shanghai reflects its commitment to leading the evolving financial landscape amidst competition from other national digital currencies and global stablecoins.
Musk: Bloomberg's report that xAI is burning $1 billion a month is false
Bloomberg previously reported that Musk's AI startup xAI is trying to raise $9.3 billion through debt and equity financing because it burns $1 billion a month. Musk denied this and called the report "nonsense."
Blockchain gaming startup Uptopia completes $4 million in funding led by Pantera Capital
Base Chain game launch platform Uptopia announced the completion of a $4 million financing round, led by Pantera Capital, with participation from Spartan, Coinbase Venture, and others. Uptopia stated that the platform is about to go live, aiming to help games increase liquidity on the chain and attract the attention of native game audiences.