DRW Buys Nearly 4M $DJT Shares to Join $2.3B $BTC Reserve Plan
On June 14, BlockBeats reported that DRW Investments — a Chicago-based firm led by Don Wilson — acquired nearly 4 million shares of $DJT (Trump Media & Technology Group) last month. This move is tied to a massive $2.3 billion Bitcoin Reserve Plan fundraising effort.
Notably, DRW’s affiliate Cumberland received relief from the SEC just nine weeks earlier, after a lawsuit accusing it of unregistered crypto asset brokerage was dropped.
DRW commented: “We’ve been active in the crypto space for over a decade. Holding $BTC on our balance sheet aligns with our long-term strategy.”
$BTC Sentiment Still Weak, No Sign of Fresh Buyers Yet
On June 14, CryptoQuant analyst Axel noted that the Advanced Sentiment Index for $BTC has dropped to around 46%, dipping below the neutral 50% level. While bullish sentiment hit over 80% in early June, it has steadily declined since then.
Even though $BTC bounced from $103,000 to $105,000, both open interest and net buying volume failed to provide meaningful support. The trading volume delta remains flat, and no strong signs of new buying activity have emerged.
For a bullish reversal, the index needs to climb back to the 60–65% range, supported by rising net active buying and open interest. Otherwise, $BTC might revisit the $102,000–$103,000 support zone.
As of June 14th, $AERO (Aerodrome Finance) has jumped 21.3% in the past 24 hours and is up 44% over the past 7 days, now trading at $0.745.
With a market cap of $620M and a fully diluted valuation of $1.232B, $$AERO s gaining serious traction. The 24-hour trading volume has reached $135M, signaling strong market interest.
Keep an eye on this momentum—$Aght just be heating up.
Cardano & Tron Lose Momentum as Next-Gen Contenders Step Up 🚨📉
While $ADA and $TRX remain respected players in the crypto space, their large market caps and mature ecosystems suggest slower, more measured growth. Cardano's research-first approach and Tron's content-centric blockchain are impressive, but investors hoping to turn $450 into $18,000 may find limited upside in these legacy networks.
These projects are built on established foundations—great for stability, but not for explosive gains.
Enter Little Pepe: The Next Big Memecoin Opportunity 🐸🚀
Currently in its presale phase and priced under $1, Little Pepe offers the kind of high-risk, high-reward potential that made early $DOGE and $SHIB holders massive profits. But this isn’t just another meme token.
Little Pepe is launching the world’s first Layer 2 blockchain built specifically for meme tokens, featuring lightning-fast transactions, ultra-low fees, and a dedicated Meme Launchpad for new meme projects. With a tech-savvy edge and viral appeal, it’s designed to fuel the next meme coin boom.
June 13 — A source close to Tencent has denied recent media rumors suggesting that the tech giant is planning to acquire South Korean game developer Nexon.
Key Points:
No Acquisition Plans: The insider clarified that Tencent has not engaged with Nexon's founder's family and is not considering an acquisition.
This directly refutes earlier reports claiming Tencent was exploring a $15 billion deal to acquire Nexon and had initiated discussions with the founding family.
Nexon is known for popular titles like MapleStory and Dungeon Fighter Online, the latter co-developed with Tencent.
This clarification comes amid heightened speculation in the gaming sector and follows Nexon's recent Web3 push with MapleStory Universe on the Avalanche blockchain.
NXPC Drops Over 6% Amid Tencent Acquisition Rumor Denial
On June 13, NXPC, the Web3 gaming token tied to Nexon's MapleStory Universe, experienced a brief decline of over 6%, bringing its market cap down to $264 million.
The drop followed reports that Tencent is not considering acquiring Nexon, despite their historical partnership on Dungeon Fighter Online and past acquisition attempts in 2019.
Key Context:
Nexon: RPG giant behind MapleStory, founded in 1994, IPO’d in Japan (2011).
MapleStory Universe: Web3 adaptation of the classic game, launched on Avalanche in partnership with Ava Labs.
NXPC Token: Debuted in May via TGE and listed on Binance, Bybit, Bitget, Upbit, and Bithumb.
Despite today’s dip, Nexon’s Tokyo-listed stock is still up over 10% YTD, with a current market cap of around $15 billion.
On June 13, BlockBeats reported that the BSC Foundation has once again purchased 6.49 million $VIXBT tokens for $25,000, according to crypto analyst @ai_9684xtpa.
This marks the Foundation’s first $VIXBT acquisition in over two weeks, signaling renewed interest and potentially further bullish momentum.
Analysis: Geopolitical Tensions Reinforce $USDC as a Safe Haven
On June 13, BlockBeats reported that Monex Europe analysts emphasized the resilience of the $USD as a safe-haven asset following Israel's strike on Iran's nuclear facilities.
While recent policy instability had cast doubts on the dollar’s status, analysts noted that major geopolitical shocks still drive demand for the $USDC , citing the relative strength of the U.S. economy.
They added that the market’s key focus should now shift to the balance between tariff risks and geopolitical uncertainty.
As reported by BlockBeats on June 13, Binance Alpha has officially listed $SGC . The token currently holds a market capitalization of $13.5 million, signaling early momentum in its launch phase.
$VIXBT Soars Over 130% in Short Time Amid BSC Foundation Buy-In
On June 13, BlockBeats reported a massive surge of over 130% in $VIXBT within a short period.
Possible Catalyst:
The sharp rise may be linked to the BSC Foundation's recent purchase of 6.49 million $VIXBT tokens for $25,000 — sparking market speculation and momentum buying.
The sudden spike highlights renewed interest and volatility in smaller-cap tokens.
U.S. Court Fines My Big Coin Fraudsters $25M in Crypto Scam Case
On June 13, BlockBeats (via Bitcoin.com) reported that a Massachusetts federal court has imposed a $25 million penalty in the infamous My Big Coin ($MBC) fraud case.
Details of the judgment:
$19.326M in civil penalties
$6.442M in victim restitution
Defendants include Mark Gillespie, John Roche, and My Big Coin Pay Inc. & My Big Coin Inc.
From 2014 to 2017, the group falsely claimed $MBC was backed by gold. In reality, the entire setup was a fabricated scam, leading to $6M+ in losses across at least 28 investors.
Randall Crater, the ringleader, is already serving a 100-month prison sentence. However, the CFTC warns that due to limited defendant assets, restitution recovery remains uncertain
Coinbase: $BTC Uptrend to Continue — 3 Key Crypto Themes for H2 2025
On June 13, Coinbase released a market outlook report highlighting three major crypto themes for the second half of 2025:
Improved Macroeconomic Outlook 🏦
Lower risk of U.S. recession
Strengthened growth momentum
Corporate Crypto Adoption 💼
Firms increasingly using crypto for asset allocation
Boosts short-term demand, though long-term risks remain
Greater Regulatory Clarity
Progress on stablecoin rules and broader crypto market legislation
Expected to drive development and investor confidence
Coinbase expects $BTC to maintain its upward trend, while altcoin performance will likely depend on case-specific developments. Notably, the SEC is reviewing multiple ETF applications, including those for staking, mixed funds, and single-altcoin products — decisions due by the end of 2025 could significantly reshape the market.
UK’s Smarter Web Company Adds 74.27 $BTC , Holdings Now Total 242.34 BTC
On June 13, BlockBeats reported that UK-listed Smarter Web Company has increased its $BTC holdings by 74.27 BTC, further strengthening its crypto treasury position.
🔹 New total holdings: 242.34 $BTC
🔹 The move reflects growing institutional interest in Bitcoin as a treasury reserve asset.
Smarter Web joins a rising wave of publicly listed firms deepening their exposure to $BTC .
BlackRock’s $BUIDL Fund Nears $3B, Doubles in 90 Days Amid RWA Boom
On June 13, BlockBeats and Cryptoslate reported that BlackRock’s tokenized money market fund, $BUIDL, has soared to $2.89B, nearly tripling in under 90 days.
🔹 Between Mar 26 – Jun 11, $BUIDL added $1B, representing 50% of the $2B growth in the tokenized U.S. Treasury market.
🔹 The fund now controls 40% of the entire $7.34B RWA market, making it the largest tokenized money market fund.
🔹 While earlier growth was largely driven by Ethena’s $USDtb, which injected $1.3B in reserves, recent gains came without further $USDtb inflows, showcasing organic demand for high-yield regulated instruments on public blockchains.
$BTC Eyes $102K–$105K as New Support; Drop Below $100K May Trigger Heavy Sell-Off
On June 13, CryptoQuant analyst Axel Adler Jr. noted that the senior net UTXO supply ratio peaked at 0.96 on June 11, then quickly dropped to 0.806 within 48 hours.
If the ratio falls below 0.80, it could trigger a classic "buy signal", potentially making the $102K–$105K range a new support zone for $BTC .
However, if it dips below $100K, expect intensified selling pressure.
Market Impact:
Geopolitical tensions rise after Israeli strikes on Iran.
Safe havens like oil and gold are gaining.
Major CEXs liquidated $360M in long positions in the last 24h.
Traders are watching closely for $BTC ’s next move amid global volatility.
Maple Teams Up with Lido to Launch stETH-Backed Stablecoin Credit Lines
On June 13, Maple, an on-chain asset management firm, announced a strategic partnership with Lido Finance to offer stablecoin credit lines backed by $stETH.
This move allows institutional borrowers to unlock liquidity without selling their staked $ETH , maintaining exposure to staking rewards while accessing capital.
Maple’s internal credit team will underwrite the loans, using $stETH—one of Ethereum’s most trusted liquid staking tokens—as collateral.