Discover the composition of my portfolio. Follow me to discover my investments! Mining stocks split as investors reward revenue diversification
Meanwhile, Bitcoin mining stocks have been diverging as investors increasingly favor firms with revenue streams beyond Bitcoin mining, TheMinerMag said. While Bitcoin increased 1.35% between May 4 and June 13, IREN (IREN) soared 21.4% over the same time frame, with Core Scientific (CORZ), Bit Digital (BTBT), and Cipher Mining (CIFR) also posting double-digit gains. In contrast, Canaan (CAN) and Bitfarms (BITF) have been the worst performers, each falling by over 21%.
A rise to $70,000 would mark a near 9.4% increase, potentially pressuring less efficient Bitcoin miners as their profit margins shrink. With Bitcoin trading at around $107,635, most miners still have a sufficient buffer — though the production cost estimates don’t include the depreciating value of the mining rigs and factors in Bitcoin earned from machines that are rented out to clients, among other things.
Keeping fleet costs low is a top priority
With mining production costs on the rise, public companies have been focused on keeping their operations as efficient as possible, particularly when it comes to their fleet hashcost — the cost of computing power to mine Bitcoin — TheMinerMag noted.
$BTC This includes charging fees, knowingly transmitting funds on behalf of the public, knowingly handling the specific proceeds alleged to be criminal, and having custody or control of the funds being transmitted or transferred. An amicus brief is filed by a party not directly involved in a court case but has an interest in the outcome and hopes to provide the court with advice or another perspective.
$BTC This includes charging fees, knowingly transmitting funds on behalf of the public, knowingly handling the specific proceeds alleged to be criminal, and having custody or control of the funds being transmitted or transferred. An amicus brief is filed by a party not directly involved in a court case but has an interest in the outcome and hopes to provide the court with advice or another perspective.
#VietnamCryptoPolicy Venture capital firm Paradigm has filed an amicus brief in support of Tornado Cash co-founder Roman Storm, arguing the jury needs to be properly briefed on the law’s definition of what operating a money-transmitting business involves.
Jury needs the full context of the law
In its amicus brief, filed in a New York District court on June 13, Paradigm argues that the
#CardanoDebate The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran. The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.
#IsraelIranConflict This comes hours after the International Atomic Energy Agency said that Iran was not complying with restrictions on enriched Uranium for the first time in two decades.
NBC reported that Israel was considering a strike as a response. President Donald Trump told reporters that the U.S. would prefer a deal with Iran over a conflict, and an attack could lead to a "massive conflict."
On Polymarket, bettors were unsure about the chance of a strike taking place with the likelihood of Israeli action against Iran by July being priced in at under 30 cents.
has substantially added to earlier losses, now down more than 4% over the past 24 hours to $103,900 as Israeli forces appear to have bombed targets in Tehran, the capital of Iran.
Axios first reported that Israel had conducted an operation inside Iranian airspace, citing unnamed sources, with Al-Jazeera later confirming that explosions were heard in Tehran.
#TrumpTariffs Trump’s Birthday Could Trigger 30% Crash in Official Trump Price
The Official Trump meme coin trades at $10.51 at press time. On the daily timeframe, this price is below the lower trendline support of an ascending parallel channel, indicating that bulls are losing control.
The lower trendline of this channel is often seen as dynamic support during an uptrend. Therefore, the recent breach signals a breakdown in a bullish market structure. Moreover, strong sell-side volumes have been recorded as demand weakens, making it likely that Trump Coin price may continue its descent.
$BTC A growing number of public companies are stuck in limbo—technically solvent, but strategically stalled. Growth has evaporated. Stock prices have languished. Reinvestment opportunities are unclear or underwhelming. These companies aren’t broken—they’re just drifting.
They’ve become what markets call zombie companies: firms that generate enough to survive, but not enough to excite. And in today’s capital environment, stagnation is no longer neutral—it’s dangerous.
$ETH Bullish previously attempted to go public in a SPAC deal in 2021. The plan collapsed the following year amid market volatility. Bullish Exchange is a Gibraltar regulated trading platform.
This time, the IPO filing comes as bitcoin trades around $110,000 and crypto sentiment strengthens amid favorable regulatory tailwinds following the election of U.S. President Donald Trump.
#TradingTools101 The FT did not distinguish between Bullish Exchange and its parent, Bullish Group, the Peter Thiel-backed company that is also the parent of CoinDesk.
The confidential filing with the Securities and Exchange Commission allows Bullish to prepare for a public listing while keeping financial details private for now. Jefferies will serve as lead underwriter, according to the Financial Times.
#CryptoRoundTableRemarks Crypto exchange Bullish confidentially filed for a U.S. initial public offering, the Financial Times reported Wednesday, citing people familiar with the situation.
The company aims to capitalize on renewed enthusiasm for digital assets driven by pro-crypto policy signals from the Trump administration and follows last week's IPO of stablecoin issuer Circle (CRCL), whose shares soared 168% on the first day of trading.
$BTC Blockchain sleuth Whale Alert, known for actively monitoring large cryptocurrency transfers and sharing their details on its website and X account, has spotted two major transfers made from a top US crypto exchange, Kraken.
Close to $200,000,000 worth of Bitcoin changed hands anonymously. Meanwhile, the world’s flagship cryptocurrency
#TradingMistakes101 The attacker exploited a flaw in Cetus' shared math library contract, tricking the protocol into believing that one token was worth millions of dollars.
Despite attempts to negotiate and come to a settlement, the attacker began laundering funds through coin-mixing service Tornado Cash.
Cetus has refilled the liquidity pools with between 85% to 99% of their initial liquidity, meaning that users can now trade on the platform without exceptional slippage.
#CryptoCharts101 The increase in the number of active users is largely attributed to the official release of OpenSea’s new version, OS2, on May 29. The beta period was open only to Gemesis NFT holders (a collection of 94,757 NFTs mined in April 2023) and focused on testing the platform’s new features.
The beta phase of OS2 started on January 27, 2025, and is now fully operational.
With the new release, OpenSea users can now trade NFTs and tokens on 19 different blockchains, including Solana’s fungible tokens.
#USChinaTradeTalks According to Dune Analytics data, 467,322 users performed at least one transaction on OpenSea in May, similar to the platform’s peak period in mid-2022 – early 2023. June has already reached over 236,000 active users, suggesting continued momentum.
However, trading volume is still far from the record levels of 2021 and early 2022. In May 2025, OpenSea recorded monthly trading volume of $81 million, well below the record volume of over $5 billion in January 2022.
#CryptoSecurity101 BTCUSD 105,492.00 0.59% ETHUSD 2,511.64 0.86% BCHUSD 409.52 2.56% LTCUSD 88.26 0.17% XRPUSD 2.17 -0.11% Argentina anti-corruption office clears Javier Milei in Libra crypto promotion scandal By Zack Abrams Policy • June 7, 2025, 7:08PM EDT
Share The Block Quick Take A formal ethics probe launched by Argentinian President Javier Milei to investigate his own promotion of a cryptocurrency called Libra has cleared Milei of violating public ethics rules. The probe concluded that Milei’s post, which came from his personal account, did not rise to the level of official government activity or endorsement. A separate federal criminal court has an ongoing investigation into the scandal, dubbed “Cryptogate” by local media.
Argetina's Anti-Corruption Office (OA) said that the country's President, Javier Milei, was acting in a personal capacity when he promoted the Libra ($LIBRA) cryptocurrency, which dramatically rose and fell in a widely-publicized event in February, thus concluding he did not break the country's public ethics laws.
Milei originally promoted the Libra cryptocurrency from his personal X account as a way to support small businesses and startups in Argentina, but deleted the post after the token crashed 90% from its top market cap of over $2 billion. The resulting scandal, dubbed "Cryptogate" by local media, led to calls for Milei's impeachment by opposition political figures and spurred lawsuits from lawyers in the country, representing investors who lost money.
#CryptoFees101 In a notable shift within the stablecoin and crypto markets, Circle’s USDC followed Tether’s USDT in May, recording $263.77 million in on-chain transaction volume, according to Visa’s on-chain analytics.
This was followed by Circle’s high-profile debut on the New York Stock Exchange, where the USDC stablecoin issuer successfully raised over $1 billion through its Class A stock offering.