hodler

1 Jun 2026, 21:31

USDT0 deposits and withdrawals now available on Tempo!

Kraken now supports deposits and withdrawals of USDT0 on the Tempo network, making Kraken the first major US exchange to natively support Tempo. Clients can move stablecoins on Tempo with sub-second settlement and pay network fees directly in USD stablecoins, with no separate gas token required. Funding USDT0 funding via Tempo is now live. Deposit link below. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. USDT0 funding via Tempo About Tempo and USDT0 Tempo Tempo is a purpose-built Layer 1 blockchain for payments, incubated by Paradigm and Stripe and shaped with input from category-defining fintechs, banks, and commerce platforms. Designed for real-world payments at scale, Tempo offers deterministic settlement in roughly 0.6 seconds with no re-orgs, dedicated payment lanes for guaranteed low fees even during peak activity, and stablecoin-native gas — letting users pay transaction fees in USD stablecoins instead of a volatile network token. This makes Tempo well-suited for moving stablecoins at scale across cross-border payments, payroll, embedded finance, and institutional money movement. USDT0 USDT0 is Tether’s omnichain version of USDT, designed to move natively across supported networks while remaining 1:1 redeemable for the underlying USDT reserve. On Tempo, USDT0 provides clients with a fast, low-cost rail for dollar-denominated transactions. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions. The post USDT0 deposits and withdrawals now available on Tempo! appeared first on Kraken Blog .

1 Jun 2026, 21:21

Gold price drops by $39.10 in a day! What key level are traders watching now?

📉 Gold tumbles by $39.10, now trading at $4,501. Hundreds of gold short positions were closed on the Hyperliquid platform. 🚨 Analysts warn that breaking the $4,489 level could push $XAU towards $4,456. Continue Reading: Gold price drops by $39.10 in a day! What key level are traders watching now? The post Gold price drops by $39.10 in a day! What key level are traders watching now? appeared first on COINTURK NEWS .

1 Jun 2026, 21:15

Bitmine Acquires $53M in Ethereum, Targets 5% of Total Supply

BitcoinWorld Bitmine Acquires $53M in Ethereum, Targets 5% of Total Supply Bitmine (BMNR) has significantly expanded its Ethereum holdings, purchasing an additional 26,497 ETH valued at approximately $53.07 million over the past week. The acquisition brings the company’s total Ethereum reserves to 5,416,901 ETH, representing roughly 4.49% of the total circulating supply. Staking Strategy and Market Impact The company currently has over 4.71 million ETH actively staked, generating yield from network validation. This aggressive accumulation strategy positions Bitmine as one of the largest institutional holders of Ethereum. The firm has publicly stated its goal to secure more than 5% of the total ETH supply by the end of the current year, signaling continued large-scale purchasing activity. This move comes amid a broader trend of institutional investors increasing their exposure to Ethereum, particularly through staking mechanisms that offer passive returns. Bitmine’s holdings now exceed those of many publicly traded companies and investment funds, giving it substantial influence over network staking dynamics. Implications for the Ethereum Ecosystem With nearly 4.5% of all ETH under its control, Bitmine’s actions can affect market liquidity and staking rewards. Large-scale staking by a single entity also raises questions about decentralization, a core principle of the Ethereum network. While the company’s staking activities are legitimate, they concentrate a significant portion of network security into one operator. Why This Matters to Investors For cryptocurrency investors, Bitmine’s continued accumulation serves as a bullish signal on Ethereum’s long-term value proposition. It also highlights the growing role of publicly traded crypto mining firms as major holders of digital assets. Investors should monitor Bitmine’s purchasing patterns as they may influence short-term price movements and market sentiment. Conclusion Bitmine’s latest $53 million ETH purchase underscores the institutional demand for Ethereum and the strategic importance of staking in the current market cycle. As the company approaches its goal of owning over 5% of the total supply, its influence on the Ethereum network and broader crypto market will likely continue to grow. FAQs Q1: How much ETH does Bitmine currently hold? Bitmine holds 5,416,901 ETH, which is approximately 4.49% of the total Ethereum supply. Q2: What is Bitmine’s staking strategy? The company has over 4.71 million ETH staked and plans to increase its total holdings to more than 5% of the supply by the end of the year. Q3: How does this affect the Ethereum market? Large-scale accumulation by a single entity can reduce market liquidity and concentrate staking power, potentially influencing network decentralization and price dynamics. This post Bitmine Acquires $53M in Ethereum, Targets 5% of Total Supply first appeared on BitcoinWorld .

1 Jun 2026, 21:10

Tom Lee’s Bitmine Adds 26,497 ETH, Pushing Treasury to 5.42M Coins Worth $10.85B

Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning 5% of ethereum’s entire circulating supply. A Deliberate Slowdown, Not a Retreat The purchase, worth approximately $53 million at roughly $2,003 per ETH, marks a

1 Jun 2026, 21:10

Strive plans $4.2 billion expansion of stock offering programs to fund Bitcoin buys

Strive (NASDAQ: ASST) has announced that it expects to raise the size of its at-the-market offering programs for both its Class A common stock and its SATA preferred shares by $2.1 billion each. The company has also continued building its corporate treasury, adding approximately 2,649 BTC to its holdings. The company’s CEO Matt Cole disclosed the plan on X, writing that the increases show that there is demand for both securities. Strive plans $4.2 billion ATM expansion Strive Inc. (NASDAQ: ASST) has announced that it will be increasing the size of its at-the-market offering programs for both its Class A common stock and its SATA preferred shares by a combined $4.2 billion ($2.1 billion each). If completed, the Class A common stock ATM program would grow to a maximum of $2.55 billion, while the SATA preferred stock program would reach $2.6 billion. CEO Matt Cole announced on social media that the decision is due to increased liquidity and investor demand for both securities. Cole added that Strive would release an updated balance sheet before U.S. markets open on Tuesday, June 2. The expansions are required to make the necessary filings with the U.S. Securities and Exchange Commission, including amended prospectus supplements and a certificate of amendment for SATA. The company emphasized that the announcement does not constitute an offer to sell securities. Strive qualifies as an emerging growth company under SEC regulations. The company reported eliminating all outstanding debt as of May 12 and holds no margin requirements or encumbered Bitcoin What is the value of Strive’s current Bitcoin holdings? BitcoinTreasuries.net referred to this week as “the most impressive” one in SATA’s history. During the shortened Memorial Day trading week that ended May 30, Strive acquired an estimated 2,649 Bitcoins across four days, worth roughly $193 million at an average price of about $73,000 per coin. Friday alone accounted for an estimated 1,179 BTC purchased with $86.65 million in net proceeds. That single-day figure was larger than any previous full week of SATA-funded acquisitions. Strive now holds approximately 16,500 BTC, placing it seventh among publicly traded corporate Bitcoin holders on the BitcoinTreasuries.net leaderboard , just above Coinbase at 16,492 BTC and Riot Platforms at 15,680 BTC. SATA is a perpetual preferred stock with no fixed maturity date that pays a 13% annualized dividend. Proceeds from share sales go primarily toward Bitcoin acquisitions. SATA will begin paying its dividends daily starting June 16. Cryptopolitan previously reported that the initial $149.3 million SATA offering in November 2025 funded the purchase of 1,567 BTC. The company has since grown its total holdings from 69 BTC in September 2025 to the current 16,500 through 17 separate purchases. H.C. Wainwright has set a $36 price target on ASST. The stock closed at $18.21 on Friday and has gained 133% over the past three months, though it remains down more than 80% from its 2025 peak. The company reported a GAAP net loss of $265.9 million for Q1, driven by Bitcoin’s decline during the quarter. The smartest crypto minds already read our newsletter. Want in? Join them .

1 Jun 2026, 21:05

Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act

BitcoinWorld Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act The Indian rupee’s recent trajectory has placed the Reserve Bank of India (RBI) in a complex policy bind, caught between managing domestic inflation expectations and stabilizing the currency in a volatile global environment. A new analysis from Societe Generale outlines the central bank’s delicate balancing act, weighing the implications of interest rate decisions against foreign exchange intervention strategies. The Core Dilemma: Rates vs. Rupee Stability Societe Generale’s report highlights that the RBI faces a challenging trade-off. On one hand, persistent inflationary pressures, partly fueled by food prices and global commodity costs, argue for maintaining or even raising interest rates. On the other, a strong dollar and capital outflows from emerging markets have put the rupee under depreciation pressure. Aggressive rate hikes could further slow economic growth, while inaction risks capital flight and a weaker currency that fuels import-driven inflation. FX Intervention and Its Limits The RBI has actively intervened in the foreign exchange market, selling dollars to prevent excessive rupee depreciation. However, Societe Generale notes that such interventions have finite limits, especially given India’s foreign exchange reserve levels and the need to preserve them for genuine external shocks. The report suggests that the central bank may need to rely more on rate signals to guide market expectations rather than sustained FX operations. Implications for Traders and Investors For market participants, the analysis implies continued volatility in the USD/INR pair. The rupee’s direction will depend heavily on the RBI’s communication strategy and its willingness to let the currency find a market-clearing level. Investors in Indian debt and equity markets should monitor policy statements for clues on the RBI’s tolerance for depreciation versus its inflation-fighting commitment. Conclusion The Societe Generale analysis underscores a pivotal moment for Indian monetary policy. The RBI must navigate between supporting growth, controlling inflation, and maintaining external stability without depleting reserves. The coming months will test the central bank’s credibility and its ability to manage multiple objectives in a challenging global macroeconomic landscape. FAQs Q1: Why is the RBI facing a dilemma on interest rates? The RBI must balance controlling inflation, which may require higher rates, against supporting economic growth, which lower rates would encourage. Additionally, rate decisions impact capital flows and the rupee’s exchange rate. Q2: How does the rupee’s weakness affect the Indian economy? A weaker rupee makes imports more expensive, contributing to inflation, especially for oil and other commodities. It can benefit exporters but also increases the cost of foreign debt servicing. Q3: What is the significance of Societe Generale’s analysis? Societe Generale is a major global financial institution. Its analysis provides an independent, expert perspective on the RBI’s policy challenges, helping investors and policymakers understand the trade-offs involved. This post Indian Rupee Under Pressure: Societe Generale Highlights RBI’s Rate and FX Balancing Act first appeared on BitcoinWorld .