JPMorgan: Warming U.S. Regulation Boosts IPO and Financing Boom for Cryptocurrency Companies
On June 13, PANews reported, according to CoinDesk, that JPMorgan released a report stating that the U.S. cryptocurrency regulatory environment is expected to continue improving due to the advancement of the GENIUS Act, prompting more cryptocurrency companies to seek IPOs. So far this year, the number of cryptocurrency IPOs has reached the same level as during the 2021 bull market, with companies such as Ripple, Kraken, ConsenSys, and Bullish preparing for listing. The report also pointed out that venture capital activity is higher than during the same period in 2023/24, indicating a rebound in market confidence.
Head of Base: The fastest way to list on Coinbase is to launch on Base or bridge liquidity
PANews, June 13 - Jesse Pollak, head of Base, stated on the X platform that Coinbase's L2 network Base has now become the fastest channel for crypto projects to launch on the Coinbase exchange. He mentioned that project teams can deploy directly on Base or bridge to Base and establish liquidity, which gives them the opportunity to receive support from Coinbase; the platform 'welcomes everyone.' He also confirmed that Base supports cross-chain versions of SPL tokens.
This morning's report states that Coinbase will integrate the Base network DEX into the main application.
Trump: Still plans to meet with Iran on Sunday, not worried about outbreak of regional war
PANews June 13 - In a telephone interview with Reuters on Friday, U.S. President Trump stated that it remains unclear whether Iran still retains its nuclear program after the Israeli attack. Trump said, "The U.S. still plans to hold nuclear talks with Iran on Sunday, but it is uncertain whether the negotiations will still take place. It is not too late for Iran to reach an agreement. I have tried to save Iran from humiliation and death. I am not worried that Israel's airstrikes will lead to regional war."
Gotbit founder sentenced to 8 months in prison for false trading case, company suspended for 5 years
PANews June 13 news, according to The Block, Gotbit founder Aleksei Andriunin was sentenced to 8 months in prison by the federal court in Massachusetts for manipulating the cryptocurrency market through false transactions, along with an additional year of supervised release. Gotbit company was also sentenced to 5 years of probation, during which all operations will be suspended. The prosecution pointed out that Gotbit has been creating false trading volumes for multiple cryptocurrency projects since 2018 to manipulate coin prices and promote listings, with a total trading volume reaching tens of millions of dollars.
PANews News on June 13, according to a tweet by @AskVenice, the Venice token (VVV) has now been launched on the leading European financial application Revolut, allowing trading for users in the EU and the UK.
Plasma collaborates with Veda to promote the accessibility of on-chain returns, mainnet test version about to launch
PANews reported on June 13 that the Plasma Foundation announced a deep collaboration with Veda Labs via an official tweet, aiming to bring sustainable on-chain returns to ordinary users by abstracting complexity. Veda currently manages over $3.5 billion in funds, and its contracts have been audited by Spearbit. The deposit treasury of Plasma is driven by the Veda protocol. The partnership will continue to support the Plasma mainnet test version and subsequent infrastructure development, dedicated to making on-chain returns accessible to users worldwide.
The United Nations Security Council will hold a public meeting on the Israel-Iran situation at 3:00 AM.
PANews, June 13 - The United Nations Security Council will hold a public meeting on the Israel-Iran situation at 3:00 PM local time (3:00 AM Beijing time on Saturday).
Iran Confirms Damage to Nuclear Facility in Israeli Attack
PANews June 13 news, the Iranian Atomic Energy Organization stated on the 13th that some of the nuclear facilities in the Natanz region were damaged during the Israeli attack on Iran earlier that day. No reports of casualties have been received, and no radioactive or chemical pollutants have been found to be leaking. Investigations are still underway to further confirm the extent of the damage.
Bybit Launches Trading Features for Gold, Stocks, Forex, and Major Indices
PANews, June 13th news, according to Solid Intel, the cryptocurrency trading platform Bybit has added support for trading gold, stock markets, forex, and major stock indices in its app.
JPMorgan Raises Target Prices for Several Bitcoin Mining Companies, Optimistic About Profit Improvement
PANews June 13 news, according to CoinDesk, JPMorgan has raised the target prices for mining companies such as CleanSpark, Riot Platforms, and MARA Holdings, reflecting the rise in Bitcoin prices and the improvement in mining profits. The target price for CLSK has increased from $12 to $14, RIOT from $13 to $14, and MARA has risen to $19. The bank maintains an 'overweight' rating on CLSK, IREN, and RIOT, while holding a 'neutral' rating on Cipher and MARA. Analysts say that the expected spot price of Bitcoin has been raised by 24%, and the total network hash rate estimate has been raised by 9%.
Invesco and Galaxy Jointly Register Solana Spot ETF Trust
PANews June 13 news, according to the Delaware company registration information, the Invesco Galaxy Solana ETF was officially registered in Delaware on June 12, 2025. The entity type is a Statutory Trust, and the registered address is 251 Little Falls Drive, Wilmington, with CSC Delaware Trust Company serving as the registered agent.
Associated Press: The United States has begun to adjust its military resource deployment in the Middle East
PANews reported on June 13 that Iranian leaders announced on Friday that Iran no longer plans to participate in nuclear talks with the United States originally scheduled for Sunday in Oman. This follows deadly airstrikes by Israel on Iran's nuclear facilities and military bases. According to reports from Oman News Agency and Iranian state media, the talks have been indefinitely suspended.
According to the Associated Press, the United States has begun to adjust its military resource deployment in the Middle East. U.S. officials stated that the U.S. will transfer military resources in the region to respond to attacks on Israel and potential retaliation from Iran.
U.S. Stocks Open: Three Major Indices Open Sharply Lower, Cryptocurrency Sector Declines
PANews, June 13 - U.S. stocks opened with the Dow Jones down 1%, the S&P 500 down 0.9%, and the Nasdaq down 1.06%. The cryptocurrency sector saw widespread declines, with Coinbase (COIN.O) and Strategy both falling over 1%, and Riot Platforms and HUT 8 Mining both dropping more than 2%; Tesla (TSLA.O) fell 1.4%, following reports that the Swedish 'AP7' pension fund has blacklisted Tesla and sold all its shares.
MicroStrategy Insiders Purchase $1.3 Million in Preferred Stock
PANews, June 13, according to Barron's, four executives (insiders) from MicroStrategy participated in the company's latest round of preferred stock issuance on June 6, with a total investment amount reaching 1.3 million dollars.
A certain whale bought 3,810 ETH through FalconX, worth 9.64 million USD
PANews, June 13 reported that, according to Onchain Lens monitoring, an address purchased approximately 3,810 ETH through the institutional trading platform FalconX, with a total value of 9.64 million USD.
Binance: Users with more than 247 Alpha points can claim 372 ROAM airdrops
PANews, June 13 - According to a Binance announcement, the ROAM project has been launched on Binance Alpha. Starting from June 13, 2025, at 21:00 (UTC+8), users holding at least 247 Alpha points can claim 372 ROAM airdrops on the Alpha event page, consuming 15 points and needing to confirm the claim within 24 hours. The platform will also launch a ROAM trading competition with a prize pool of up to 4.92 million ROAM tokens.
Cardano Founder Proposes to Exchange 100 Million ADA for BTC and Stablecoins to Revitalize DeFi
PANews June 13 news, according to CoinDesk, Cardano founder Charles Hoskinson proposed in a live broadcast to use 100 million ADA from the national treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to increase the proportion of on-chain stablecoins and the DeFi ecosystem. He stated that this move would not impact the ADA market and refuted liquidity concerns. Currently, on-chain stablecoins on Cardano account for only about 10% of TVL, far lower than the stablecoin ecosystem scale of Solana. This proposal is at odds with Cardano Foundation CEO Frederik Gregaard's previous emphasis that 'TVL is not a key indicator.'