SharpLink Gaming (SBET), a Nasdaq-listed company that is pursuing an ether ETH treasury strategy, tumbled 70% on Thursday in after-hours trading following a fresh filing to the U.S. Securities and Exchange Commission.
The company submitted an S-3ASR registration statement, enabling the resale of

Charles Hoskinson proposes converting 140 million ADA to stablecoins to address Cardano's DeFi liquidity issues, which currently lag behind other networks. Critics caution this may lower ADA prices, suggesting alternatives to prevent market disruption.

The Chief Executive Officer of the Hong Kong Securities and Futures Commission, Laura Liang, stated at the 2025 Caixin Summer Summit that Hong Kong will leverage technological innovation to promote responsible market development, particularly in the areas of virtual assets and Blockchain technology, in order to establish a compliance-driven and sustainable ecosystem that achieves efficiency and growth opportunities in the financial sector.

Ant International plans to apply for stablecoin issuance licenses in Hong Kong and Singapore, marking an acceleration in its global stablecoin market layout. The regulatory frameworks in Hong Kong and Singapore support the compliance of stablecoins, and Ant International's application will help its expansion in the global market. Domestic companies are also actively laying out in the stablecoin sector, facing challenges in regulation, technology, and competition. The impact of stablecoins in the financial sector will continue to rise in the future.

Last night (12th), Trump posted on his social platform Truth Social, claiming that his "Trump Card" immigration plan has attracted over 15,000 people to sign up for the waiting list since the website went live. (Background: Trump announced that for a payment of 5 million USD, one can become a US citizen! Income to repay 35 trillion USD debt) (Additional context: The Trump immigration card website is live! The world's most profitable website is surprisingly "simple and straightforward") US President Trump posted last night (12th) on his social platform Truth Social, claiming that his "Trump Card" immigration plan has attracted over 15,000 people to sign up for the waiting list since the website went live. He stated that this represents a flow of 75 billion USD in funds, which will help balance the US federal budget and strengthen national power.

Bitgo has expanded XRP-related DeFi access by adding custody support for Flare and Songbird. The move enables institutions to securely store assets connected to the XRP ecosystem, with staking support planned.
Bitgo Lights up Flare Support— XRP Institutions Get DeFi Infrastructure
Digital asset i

Japanese game developer gumi has purchased 80 bitcoins for 1 billion yen and announced a collaboration with SBI Holdings to establish a crypto assets management fund to accelerate its entry into the digital asset market. (Background: Buy stocks and win bitcoins! Japanese listed game giant Gumi launches a 16 million yen shareholder benefits program) (Background supplement: Can GameStop's transformation gamble win with a 1.3 billion dollar bet on bitcoin?) Japanese game developer gumi Inc. is expanding its territory from gaming to cryptocurrency. According to Bitcoin Magazine's report last night (the 12th), gumi has recently spent 1 billion yen to buy 80.352 bitcoins (approximately 6.96 million USD). At the same time, gumi is also collaborating with financial giant SBI Holdings to establish a specialized...

> As of June 11, BUIDL has reached a scale of 2.89 billion USD, making it the largest tokenized currency market fund currently.

Source: cryptoslate
Compilation: Blockchain Knight

BlackRock's U.S. Institutional Digital Liquidity Fund (BUIDL) expanded by approximately $1 billion from March 26 to June 11, accounting for about half of the $2 billion growth in the tokenized U.S. Treasury market during the same period.

According to data from rwa.xyz, as of June 11, the scale of BUIDL has reached $2.89 billion, making it the largest tokenized currency market fund currently, accounting for 40% of the $7.34 billion market.

March 26th is a benchmark date of great significance, as it is the day

ENA price is building above support and traders are watching for a breakout above the $0.45 zone.
If the $0.45 level breaks price could aim for the $0.68 $1.25 and $2.60 levels in coming weeks.
The chart shows a strong wedge setup where $5 becomes possible if the pattern confirms soon.
ENA price

Recently, groundbreaking news has emerged: the main ecosystem KOL Flyra Protocol of the global Web3 fintech group MCN Global's exchange McnEX is set to officially launch Mining and open trading on June 14, 2025 (Saturday). This event has sent shockwaves through the Web3 fintech sector, attracting global attention.

MCN Global was established in 2024 and has rapidly risen to become an undeniable force in the industry, thanks to its blockchain technology gene and financial technology innovation gene. Its subsidiaries include the McnEx exchange, the McnX AI trading ecosystem, MCN Labs investment incubation, and the Mchat social platform, covering multiple brands. The business spans diverse fields such as crypto asset trading, social finance, Web3 innovation incubation, digital finance, real estate, technology, and artificial intelligence, building a vast

The "Enterprise Cluster" initiative launched by Nillion has gained the participation of companies such as Deutsche Telekom and Alibaba Cloud, aimed at expanding decentralized applications with a focus on privacy-sensitive areas. Its core technology, "Blind Computing," allows processing without decrypting data, ensuring organizational privacy. Nillion has raised $50 million in funding.

In a crypto market where every move gets attention, it’s easy to get caught up in short-term trends. Solana and Avalanche are having their moments, Solana pushing past $145 and Avalanche eyeing a potential $58 surge. But

In May, the Producer Price Index (PPI) fell unexpectedly, leading President Trump to criticize Jerome Powell for not cutting interest rates, coinciding with a slight drop in Bitcoin. Despite this, Bitcoin saw a weekly increase, while trader caution grew in the futures market.