Crypto World
BitMine Adds to ETH Treasury as Bear-Market Accumulation Nears $10B
BitMine Immersion Technologies has continued adding to its Ethereum position despite a persistent downturn in crypto markets. In a report filed on Monday, the crypto treasury company said it purchased 76,881 ETH over the prior week, further lowering (or at least supporting) its overall cost basis as Ether moved in a volatile range during that period.
The acquisition brings BitMine’s total holdings to 5,620,754 ETH, with an average purchase price of $1,718. While the company has been steadily accumulating through bearish conditions, the scale of its exposure means the treasury remains deeply sensitive to ETH price swings—especially as its strategy relies on both asset ownership and staking-related yield.
Key takeaways
- BitMine bought 76,881 ETH in the last week, bringing holdings to 5,620,754 ETH at an average cost of $1,718.
- At around Monday’s reported market price of $1,843.69, BitMine’s ETH portfolio is valued near $10.2 billion, with an estimated unrealized loss close to $9 billion.
- BitMine controls about 4.66% of ETH’s circulating supply and is moving closer to its stated 5% target (based on 120.68 million circulating ETH).
- The company has staked more than 4.1 million ETH, generating recurring rewards that can continue even when spot prices weaken.
- Ethereum’s environment is under strain not only from price performance but also from structural concerns around layer-2 economics and Ethereum Foundation departures.
BitMine keeps accumulating as ETH trades below prior levels
According to BitMine’s Monday disclosure, the treasury added 76,881 ETH over the preceding week. The purchases took place during a period when Ether briefly dipped below $1,600, according to Cointelegraph’s reference to price action. The broader point, as emphasized by the company’s ongoing behavior, is that accumulation has continued regardless of whether ETH is rebounding or falling.
As of the latest reporting, BitMine’s average acquisition price stands at $1,718. At the time CoinMarketCap data was referenced (Ether trading at $1,843.69 on Monday), the company’s ETH stash was estimated at roughly $10.2 billion.
That figure also highlights the trade-off inherent in a long-duration treasury approach: DropsTab data cited in the report indicates BitMine is sitting on an unrealized loss of nearly $9 billion at current prices. For investors watching large-ETH holders, this matters because it illustrates how treasury strategies can be simultaneously yield-oriented (through staking) and mark-to-market exposed when market conditions deteriorate.
Approaching a “large holder” milestone—while staking supplies yield
BitMine’s latest purchases bring it closer to a stated ambition: owning 5% of Ethereum’s total circulating supply. Based on the cited circulating figure of 120.68 million ETH, the company controls approximately 4.66% after the most recent acquisition.
Just as important is the company’s staking footprint. The report notes that BitMine has staked more than 4.1 million ETH, worth about $8.1 billion at current prices at the time of writing. Staking allows the treasury to earn protocol rewards by helping secure the Ethereum network, creating a more stable stream of yield compared with holding un-staked assets.
In practice, that means BitMine’s economics are not tied purely to whether ETH spot rises or falls. Even during weaker price periods, staking rewards can partially offset losses—though they do not remove the underlying exposure to ETH’s market price.
ETFs face outflows as Ethereum’s broader fundamentals come under scrutiny
BitMine’s accumulation is unfolding amid a wider backdrop that has been difficult for Ethereum-related products. The article links the treasury’s pressure to this year’s selloff in digital asset prices, pointing to spot Ether exchange-traded funds (ETFs) that recorded four consecutive days of net outflows “last week.” It also notes that selling pressure has persisted since early May, with daily net outflows exceeding $60 million on several occasions.
In the US market, BlackRock’s iShares Ethereum Trust ETF (ETHA) is cited as the largest US-listed ETH ETF, with net assets of $4.75 billion. The filing is described as representing 2.36% of crypto’s circulating supply, with its trend referenced via SoSoValue charts.
The key tension for readers is that large-scale accumulation by a treasury entity does not automatically translate into improved ETF demand or stronger near-term flows. ETF outflows can signal that many investors remain focused on risk reduction or wait-and-see positioning, even as some participants continue adding to long-term holdings.
Beyond price: layer-2 fee dynamics and Ethereum Foundation turnover
While spot performance and fund flows matter, the report argues that Ethereum also faces structural uncertainties. One concern raised is the effect of Ethereum’s layer-2 scaling strategy. As more transaction activity moves to layer-2 networks, the Ethereum mainnet captures less transaction-fee revenue and burns less ETH. Since parts of Ethereum’s monetary narrative are tied to fee burning, reduced burn could weaken deflationary dynamics relative to prior expectations.
Separately, the article points to internal changes at the Ethereum Foundation. It says that at least nine senior leaders, researchers, and core contributors have departed the nonprofit so far this year—described as one of the largest waves of talent attrition in its history. The departures are framed as coinciding with an organizational overhaul and renewed community debate over Ethereum Foundation governance, strategic direction, and its long-term role in the ecosystem.
For market participants, this type of organizational churn can matter less for day-to-day price moves and more for expectations around development priorities and execution risk—especially in a period where scaling, fee capture, and long-term network economics are already being debated.
What to watch next
BitMine’s next disclosures will be important to monitor for changes in acquisition pace and how much of its growing ETH exposure remains staked. At the same time, Ethereum investors should keep an eye on ETF flow trends and the evolving debate around layer-2 economics—alongside any further transparency around Ethereum Foundation staffing and governance—as these factors collectively shape confidence in the network’s longer-run trajectory.
Crypto World
Bitcoin Sweeps Liquidity ‘Pockets’ Amid Doubts Over $67,000 Holding
Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging.
Key points:
- Bitcoin adds to gains as US-Iran peace cues trigger broader risk-asset upside.
- Traders do not see downside pressure as over yet, with liquidity grabs the focus on low-time frame price action.
- Flagging demand shows signs of recovery after $60,000 holds.
BTC price eyes key liquidity “pocket” next
Data from TradingView tracked BTC price action as BTC/USD added another 1.5% since the weekly close.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Details of the Iran ceasefire agreement, set to be signed later in the week, delivered major upside to US stocks, with the S&P 500 and Nasdaq Composite Index adding up to 2.4%.
In one of his latest posts on Truth Social, US president Donald Trump reported that shipping traffic through the Strait of Hormuz oil route was already increasing.
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” he wrote.

Source: Truth Social
Among traders, opinions still differed over whether Bitcoin would continue higher or abort its latest relief bounce.
“This week is shaping up to be very interesting,” trader Killa told X followers, eyeing a rejection above $67,000.

BTC/USD four-hour chart. Source: Killa/X
Trading account JDK analysis argued that it was “still too early to call” a reliable BTC price bottom.
“Now we’re also seeing a break of major resistance and acceptance back into previous value, opening the door for a larger move to the upside,” it wrote on the day.
“That said, strong bottoms take time. I still expect more chop, and there is still a major pocket of untapped liquidity below that shouldn’t be ignored.”

BTC/USDT one-week chart. Source: JDK Analysis/X
Bitcoin order-book liquidity remains thin
Commentator Exitpump continued that it was “easy” to push the price higher thanks to thin order-book liquidity both above and below.
Related: Can BTC rebound to $69K as oil price plunges? Five things to know in Bitcoin this week
The latest data from CoinGlass showed BTC/USD sweeping short liquidations around the US open.

BTC liquidation heatmap. Source: CoinGlass
Commenting on liquidity, onchain analytics platform Glassnode flagged “supportive” conditions on options markets.
“$BTC has bounced and is now pushing back into a dense cluster of options positioning near $65K. As price moves into these zones, dealer hedging flows can become more supportive, helping stabilize the market after a period of elevated volatility,” it wrote on X.

Bitcoin options strike heatmap. Source: Glassnode/X
A separate post noted that overall demand appeared to be returning after Bitcoin’s trip to $60,000.
“Accumulation Trend Scores have turned higher across multiple wallet cohorts, suggesting supply is being absorbed as investors step in following the move to down $60K,” Glassnode added.

Bitcoin accumulation trend score data. Source: Glassnode/X
Crypto World
Solana Institute warns Senate against weakening CLARITY Act
The Solana Institute has urged U.S. senators to preserve key provisions of the CLARITY Act as industry participants increasingly look toward an August timeline for advancing the legislation through Congress.
Summary
- Solana Institute urged senators to keep BRCA protections intact as the CLARITY Act moves closer to Senate consideration.
- Kristin Smith said non-custodial developers, validators, and node operators should not be classified as money transmitters.
- Growing procedural hurdles have pushed expectations for CLARITY Act passage from July 4 toward the August congressional recess.
According to Solana Institute President Kristin Smith, the Blockchain Regulatory Certainty Act provisions included in the CLARITY Act should remain unchanged as lawmakers prepare to consider the bill in the Senate.
In comments posted on X, Smith said the CLARITY Act could soon reach the Senate floor, while arguing that protections for non-custodial blockchain participants are essential to the legislation.
Smith said the BRCA would establish that blockchain developers, node operators, and validators who do not take custody of customer funds should not be treated as money transmitters under U.S. law.
She argued that the language creates a clear distinction between software and infrastructure providers and firms that directly control user assets.
Describing the measure as consistent with guidance issued by the Treasury Department’s Financial Crimes Enforcement Network last year, Smith said the provision provides legal certainty for open-source software developers and network operators.
She added that major founders, executives, and investors from across the crypto sector had jointly asked Senate leaders not to dilute those protections.
Lawmakers continue debating key provisions
While industry groups push to keep the language intact, several outstanding issues remain under discussion in Washington. Smith noted that BRCA provisions were recently reviewed during a White House meeting involving law enforcement officials, where participants discussed possible changes. Ongoing negotiations over ethics-related language have also remained unresolved.
Those debates come as lawmakers, regulators, investors, and industry representatives prepare to meet in Chicago for discussions focused on digital asset regulation and market structure legislation.
Among the participants expected to contribute to those conversations is Representative Dusty Johnson, who helped advance an earlier version of the legislation through the House Agriculture Committee in a bipartisan 47-6 vote last year.
Crypto journalist Eleanor Terrett said she is particularly interested in hearing how members of the House Agriculture Committee view the Senate’s version of the CLARITY Act.
As chairman of the House Agriculture Committee’s Subcommittee on Commodity Markets, Digital Assets and Rural Development, Johnson is expected to offer insight into how House lawmakers may respond to revisions currently being considered in the Senate.
August timeline gains support
Recent reporting has suggested that congressional timing may be becoming a larger obstacle than policy disagreements.
As crypto.news previously reported, lawmakers, industry organizations, and market observers have increasingly shifted their expectations away from a July 4 signing target and toward the August congressional recess.
According to reporting from Crypto In America cited by Terrett, the Senate must still combine separate versions approved by the Banking and Agriculture Committees, secure 60 votes to advance debate, navigate additional cloture votes on amendments, and pass the final legislation before any revised measure can return to the House.
Terrett wrote on Monday that even if remaining policy disputes were resolved immediately, the legislative calendar leaves little room for a July 4 signing.
The CLARITY Act would establish jurisdictional boundaries for digital assets, placing decentralized cryptocurrencies such as Bitcoin and Ethereum under the oversight of the Commodity Futures Trading Commission while leaving qualifying securities under securities regulators.
The bill also contains provisions covering stablecoins, anti-money laundering requirements, decentralized finance activities, and blockchain validators.
Pointing to competitiveness concerns, Smith said the U.S. share of open-source crypto developers has fallen from 38% in 2015 to about 19% today.
She argued that maintaining regulatory certainty could influence where future blockchain development takes place, warning that jurisdictions such as Singapore and Abu Dhabi are competing to attract the industry’s next generation of builders.
Crypto World
Arthur Hayes Buys 3,000 ETH Through OTC Deal as On-Chain Data Reveals $5.4M Accumulation
TLDR:
- Arthur Hayes received 3,000 ETH worth about $5.42 million through a Flowdesk OTC transaction.
- On-chain records linked the transfer to a wallet previously associated with the BitMEX co-founder.
- The OTC structure reduced order book impact and avoided visible exchange-based buying pressure.
- Ethereum’s recent price strength has increased attention on large wallet accumulation activity.
Arthur Hayes has added 3,000 ETH to a wallet linked to him, according to newly surfaced on-chain data. The transaction carried an estimated value of $5.42 million at the time of transfer.
Data shows the Ethereum was routed through Flowdesk’s over-the-counter trading desk rather than a public exchange. The move arrives as ETH records a strong daily gain and renewed activity across crypto trading markets.
Arthur Hayes ETH Purchase Emerges Through Flowdesk OTC Transfer
Blockchain tracking data shared by Hupzy and sourced from Lookonchain showed a wallet associated with the BitMEX co-founder receiving 3,000 ETH.
The transfer occurred roughly one hour before the transaction was highlighted on social media. On-chain records indicate the assets were delivered through Flowdesk’s OTC infrastructure.
Unlike exchange-based purchases, OTC transactions allow large buyers to acquire assets without placing sizable orders on public order books.
That approach can help reduce market impact during execution. It also limits visible buying pressure that often accompanies large spot purchases.
The wallet identified in the transaction has been linked to Hayes through previous blockchain activity. The transfer therefore attracted attention across crypto trading communities.
According to the data shared by Hupzy, the transaction was valued at approximately $5.42 million based on prevailing Ethereum prices.
The purchase follows a period of heightened volatility for ETH, which posted a double-digit gain over the previous 24 hours.
Hayes has previously made large directional Ethereum bets, making his wallet activity closely watched by market participants.
Ethereum Trading Activity Picks Up as ETH Gains Momentum
The OTC route used for the transaction stood out because it avoided immediate interaction with exchange liquidity.
Market participants often use OTC desks when executing large orders that could otherwise create price slippage.
Hupzy noted that the Flowdesk transaction structure reduced the likelihood of moving the market during execution.
Because the trade occurred away from public order books, no additional spot selling pressure emerged from the transaction itself.
Ethereum continued trading above recent consolidation levels following the transfer. Recent market action placed attention on the $2,450 to $2,500 range identified in the shared market commentary.
While the transaction represents a notable purchase, the data reflects activity from a single wallet rather than a broader market trend.
Lookonchain’s tracking data and Arkham-linked wallet records remain the primary sources confirming the transfer.
The development adds another closely watched Ethereum transaction to a market already seeing increased trading activity and renewed attention toward large on-chain movements.
Crypto World
Dogecoin Price Prediction Recovers as Iran Peace Deal Lifts Meme Coins and Pepeto Builds Fresh Momentum Toward Binance
The Dogecoin price prediction caught a shift on June 15 after President Trump declared the US-Iran peace deal “complete” on June 14, sending a risk-on signal across every asset class and lifting DOGE alongside the broader recovery, per BeInCrypto. Bitcoin surged past $65,000 and the meme sector bounced with it.
Social media speculation around Elon Musk and Pepeto has picked up as SpaceX surged 19% on its Nasdaq debut. The presale crossed $10.2 million at $0.0000001876, the exchange runs live, and the Binance listing approaches while the Dogecoin price prediction stays bearish per CoinCodex. When one meme token loses its engine, the energy finds a new home.
Dogecoin (DOGE) trades at $0.089 per CoinGecko on June 15, up 3.09% as the Iran peace deal lifted risk sentiment. DOGE remains 88% below its all-time high of $0.7376.
The Dogecoin price prediction from Changelly puts the 2026 range at $0.0899 to $0.115, and CoinCodex flags 18 of 30 indicators bearish. DOGE needs a new narrative.
Dogecoin Price Prediction Compared to the Presale Opportunity Pepeto
Why Pepeto Stands Where Dogecoin Stood Before 2021 While Musk Rumors Build
The meme sector spent years loaded with tokens that had nothing behind the ticker. No swap, no bridge, no contract checks. Just noise. The exchange built by the Pepe builder sits on a different level than any other meme coin trading right now, and social media speculation linking Elon Musk to the project keeps building across X and Telegram as SpaceX posts a 19% first-day gain on Nasdaq.
Wallet-draining attacks, trap contracts, and supply dumps that flood the sector all get blocked by Pepeto’s scanning tools. Every order routed through PepetoSwap clears with no deduction taken. Dangerous contracts and malicious wallets get flagged by the scanner before the trade goes through. Assets move between Ethereum, BNB Chain, and Solana through a bridge that charges zero fees.
The presale cleared $10.2 million while fear still gripped the market, priced at $0.0000001876 as the round presses toward its Binance debut. Every audit line passed under SolidProof. The listing path is guided by a veteran who ran token launches at Binance. Staking rewards compound at 170% APY while the exchange build-out keeps rolling.
Early Dogecoin buyers from 2020 turned small amounts into life-changing sums, and none of those holders believes they bought enough. Pepeto is assembling in that exact window right now, and the wallets positioned before the Binance debut become the stories quoted for years after, while latecomers end up paying the listing price to buy from holders who got in early.
Dogecoin (DOGE) Price at $0.089 as Peace Rally Lifts Meme Coins From Multi-Month Lows
Dogecoin (DOGE) trades at $0.089 on June 15 per CoinMarketCap, up 3.09% on the Iran peace signal, with support at $0.08 and resistance at $0.10. The all-time high of $0.7376 stands 719% above, but that needs a full parabolic cycle.
DOGE at $13 billion is a known name delivering slow returns. Pepeto at $10.2 million before a Binance listing carries multiples a $13 billion token cannot match.
Conclusion
Bitcoin sits at $65,695 and the Iran peace deal just flipped risk sentiment positive while the meme sector searches for its next catalyst, because the pattern repeats across every cycle and wealth always lands in the wallets that commit before the crowd catches on. Early DOGE buyers from 2020 turned small positions into life-changing gains because they moved while the market still looked weak.
Pepeto holders compound 170% APY every hour that passes while the Pepe builder steers the project and the Binance listing window tightens with every stage that sells out. Two kinds of wallets walk out of this window, the Pepeto holders who kept adding to their position every day and the empty wallets that remain empty once the listing pushes the entry permanently beyond reach.
The 2020 DOGE holder who put $100 into a meme coin was sitting on roughly $29,000 at the May 2021 peak, and Pepeto at $0.0000001876 before a Binance listing is that same entry returning one more time, only earlier in the cycle and with working tools already shipping. Every hour the presale stays open is one hour closer to a listing that closes this price forever, and the people who wait past this window will see the next Pepeto update on a chart at a price that makes today’s entry look like the opportunity of a lifetime that walked right past them.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Dogecoin price prediction after the Iran peace deal boosted crypto markets on June 15 2026?
The Dogecoin price prediction from Changelly places the 2026 range at $0.0899 to $0.115, with CoinCodex showing 18 of 30 indicators bearish despite the peace rally. DOGE trades at $0.089 on June 15, up 3.09%, with $0.7376 sitting 719% above.
How does Pepeto compare to Dogecoin as an entry in 2026?
Pepeto is the stronger entry because $10.2 million flowed into the presale at $0.0000001876 with a live zero-fee exchange and a Binance listing approaching, while Dogecoin at $13 billion market cap needs a full narrative reset to deliver comparable returns.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest
Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September.

BTC/USD daily chart. Source: TradingView
Key takeaways:
- Bitcoin is painting a potential double-bottom and bullish divergence pattern.
- BTC price must break above a resistance confluence near $66,700
Double-bottom hints at 60% BTC price upside
BTC rebounded 13.25% from its local low below $60,000, as a preliminary truce between the US and Iran revived risk appetite across global markets.
The recovery pushed BTC back toward $67,000 on June 15, tracking a broader relief rally in risk assets after the geopolitical breakthrough pressured oil prices lower and reduced near-term inflation fears.
Now, the three-day Bitcoin chart is flashing a potential double-bottom reversal near the $60,000 support zone.
BTC has rebounded from the $60,000 area for the second time in 2026, strengthening the case that buyers are defending the same demand region that previously supported the market during earlier corrections.

BTC/USDT three-day price chart. Source: TradingView
The first bottom formed near the March low, while the latest rebound came after a sharp June sell-off that briefly pushed Bitcoin back toward the same level. As long as BTC holds above the $60,000 support, the double-bottom structure remains active.
The setup’s neckline sits near $81,000, where Bitcoin previously stalled before the latest leg down.
A decisive close above that level would confirm the double-bottom pattern and open the door to a measured move toward $108,000 by August or September, or over 60% from current price levels.
Bitcoin weekly RSI divergence strengthens $100,000 setup
Bitcoin’s weekly chart is showing a bullish divergence between price and the relative strength index (RSI) momentum indicator.
BTC recently made a lower low near the $60,000–$65,000 support zone, but its weekly RSI formed a higher low. That shows sellers pushed the price lower, albeit with less momentum.

BTC/USD weekly chart. Source: TradingView
A similar divergence appeared near Bitcoin’s 2022 bear-market bottom, when RSI recovered before price followed with a multi-month rebound.
In a Monday post, analyst Jelle said Bitcoin may act “similarly to late 2022 in the coming months.”
The current setup now strengthens Bitcoin’s double-bottom case near $60,000. BTC still needs confirmation, with the first big resistance levels near the 20-week EMA at $74,500 and the 50-week EMA around $82,500.
Reclaiming those levels would increase the probability of a summer recovery toward $100,000. While a weekly close below $60,000 would weaken the bullish setup.
Bitcoin bear flag remains a risk
Bitcoin’s short-term chart still leaves room for another downside move before the broader bullish reversal setup confirms.
BTC is testing a resistance confluence formed by the bear flag’s upper trend line and the 20-day EMA (green) near $66,700.
Related: Bitcoin analysis warns over BTC price rejection as $67K approaches
A rejection from this zone could send the price back toward the flag’s lower trend line near $63,600, keeping Bitcoin trapped inside its bearish continuation structure.

BTC/USD daily price chart. Source: TradingView
A decisive daily close below that lower trend line would confirm the bear flag breakdown. Based on the height of the previous sell-off, the measured downside target is $53,850, or about 20% below current prices.
Declining volume during the flag’s formation increases the chances of this scenario, as weak participation often signals that the rebound is corrective rather than impulsive.
Bitcoin whale inflows add downside pressure
The bearish short-term setup also aligns with elevated selling from Bitcoin whales.
CryptoQuant analyst Darkfrost noted that whale inflows to Binance rose sharply after BTC’s latest correction. Large holders sent an average of 3,200 BTC per day to the exchange over the past month, up from 1,200 BTC at the end of April.

Binance inflows by whales holding over 100,000 BTC. Source: CryptoQuant/Darkfrost
“This trend suggests that many large holders increased their selling activity, or at least their willingness to sell, during the recent downturn,” he wrote in a Monday note.
Crypto World
Experts Claim July 4 CLARITY Act Signing Is “Realistically Impossible”, What Happens to Crypto Now?
The Howey test is still the operative legal standard for digital asset classification Clarity ACT in the United States.
The CLARITY Act passed the House on July 17, 2025, with a 294–134 bipartisan vote, and cleared the Senate Banking Committee on May 14, 2026, with a 15–9 vote. No full Senate floor vote has been scheduled.
Eleanor Terrett, host of Crypto in America on Fox Business, stated on June 14, 2026 that a July 4 passage target is “realistically impossible.”

Unresolved ethics provisions, the task of merging the Senate Banking and Agriculture Committee versions, and a 60-vote filibuster threshold are the three structural obstacles standing between the current bill and enacted law. Until those clear, nothing about the legal architecture changes.
Discover: The Best Crypto to Diversify Your Portfolio
CLARITY Act Senate Floor Vote: Where the Bill Actually Stands
The legislative record is precise. The House passed H.R. 3633 eleven months ago. The Senate Banking Committee approved its version on May 14, 2026.
The Senate Agriculture Committee separately passed its companion measure, the Digital Commodity Intermediaries Act, on January 29, 2026. Staff from both committees are now merging those two versions into a unified bill – a process that has no fixed deadline.
The 60-vote filibuster threshold is not a formality. Senator Angela Alsobrooks voted yes in committee but has explicitly conditioned her final floor vote on the addition of ethics provisions.
That one holdout is enough to signal that the vote count is not yet locked. The North American Securities Administrators Association has formally opposed the bill, arguing it weakens investor protections – adding external pressure on fence-sitting senators.
The operative consequence of all this is straightforward: committee votes do not reclassify tokens. Statutory reclassification requires enacted law. The CLARITY Act’s legislative momentum is real, but momentum and legal effect are different things.
The SEC’s enforcement posture has not changed because it legally cannot change until the bill is signed.
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Crypto World
Nvidia’s $20B Bond Sale Strengthens Bitcoin Miners’ AI Pivot
Chipmaker Nvidia has reportedly become the latest company to tap the AI debt boom with a planned $20 billion bond offering, underscoring the relentless demand for AI infrastructure and data centers that has also created new opportunities for Bitcoin miners diversifying beyond crypto.
On Monday, Bloomberg reported that Nvidia is seeking to raise at least $20 billion through a multi-part bond sale to help finance AI-related investments and refinance existing debt.
Citing people familiar with the matter, the report said Nvidia plans to issue notes across seven maturities ranging from two to 30 years, with the longest-dated bonds expected to yield roughly 0.9 percentage points above comparable US Treasury securities.
The offering highlights investors’ continued appetite for financing AI expansion and signals that one of the industry’s most influential companies expects demand for AI infrastructure to remain strong.

Source: Cointelegraph
As the dominant supplier of the GPUs that power large language models, Nvidia sits at the center of the AI ecosystem. Its chips are used extensively by hyperscalers and cloud providers, making the company’s capital spending plans a closely watched barometer for the broader industry.
The sustained AI buildout has also benefited an increasing number of Bitcoin miners, which have begun repurposing their energy-intensive facilities and power infrastructure for high-performance computing and AI hosting.
Companies that once relied almost exclusively on Bitcoin mining revenue, including HIVE Digital, TeraWulf, Hut 8 and CleanSpark, are now positioning themselves as providers of data center capacity, leveraging internal infrastructure and existing power agreements to capitalize on growing demand for computing resources.
Related: Bitcoin mining difficulty drops 10% in 11th largest downward adjustment
BTC mining economics remain under pressure
Bitcoin miners are pursuing AI diversification as the economics of their core crypto business become increasingly challenging, especially in the wake of the April 2024 halving, which intensified margin pressures amid elevated mining difficulty and operating costs.
The industry has faced what some analysts have described as the “harshest margin environment of all time,” prompting many miners to sell portions of their Bitcoin treasuries, reduce leverage and seek new revenue streams beyond cryptocurrency mining.
According to data from TheEnergyMag, Bitcoin miners collectively sold more than 15,000 BTC between October and March.

Bitcoin mining companies’ treasury sales have accelerated since October, when BTC peaked above $126,000. Source: TheEnergyMag
Against this backdrop, analysts expect large miners to evolve into AI infrastructure providers. Bernstein, for example, recently said it expects IREN to derive the vast majority of its value from AI infrastructure, citing the rapid growth of the company’s cloud AI business.
Related: Professional investors dumped 52K BTC worth of ETFs in Q1, filings show
Crypto World
Strategy Buys 1,587 Bitcoin for $100M Below Its Blended Cost Basis, Lifting Stack to 846,842 BTC

Michael Saylor's Strategy bought 1,587 bitcoin for about $100 million last week, its first purchase disclosed since the firm broke a multi-year buying streak with a small sale in late May. The latest coins came in well below the average price Strategy has paid to build the largest corporate bitcoin… Read the full story at The Defiant
Crypto World
CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse
Bipartisan negotiations on the CLARITY Act fractured on two fronts simultaneously last week. A closed-door ethics session collapsed Tuesday without agreement, and a White House-convened law enforcement meeting on Section 604 ended Wednesday with no resolution.
According to Fox Business correspondent Eleanor Terrett, the July 4 passage deadline is logistically dead. With only 31 Senate session days remaining before the August recess and a 60-vote threshold still to clear, the bill now faces a structural coalition problem.
The CLARITY Act cleared the House and the Senate Banking Committee 15–9 on May 14, making it the furthest-advanced piece of crypto regulation in this Congress. That progress masked two fault lines that were never actually closed at the committee stage.
Discover: The Best Crypto to Diversify Your Portfolio
Ethics Enforcement Mechanism Collapses as White House Pulls Back
Senators Kirsten Gillibrand, Ruben Gallego, Bernie Moreno, and Cynthia Lummis met on Tuesday alongside White House Crypto Council Executive Director Patrick Witt. It is reported that they negotiated a provision that would have authorized state attorneys general to initiate civil actions against the DOJ.
Republicans and Witt withdrew support for that mechanism and offered a substitute limiting enforcement authority to the U.S. Attorney General. It’s an offer Democrats rejected as functionally circular, given that the AG serves at the president’s pleasure. Republicans also floated impeachment as a remedy for presidential ethics violations, which Democrats likewise declined.
The provision was a direct response to Trump crypto exposure: Trump family ventures, including World Liberty Financial and associated token issuances, have generated an estimated $2.3 billion across holdings per widely cited public disclosure estimates.
The White House’s reversal on the state AG enforcement clause reflects a judgment that any provision creating a litigation pathway through state-level Democratic attorneys general carries open-ended political liability regardless of how narrowly it is drafted.
This collapse directly reopens the fault line left unresolved during the May 14 markup, when a Van Hollen amendment barring the president, vice president, and members of Congress from issuing or promoting digital commodities failed 13–11 on party lines.
Senators Gallego and Angela Alsobrooks, the two Democrats whose committee votes produced the bill’s nominal bipartisan margin, have both conditioned their floor support on strong ethics provisions, a bar that Tuesday’s walkback made harder to clear, not easier.
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Passage Window Narrows Toward Clarity Act Closure

Eleanor Terrett confirmed that the bill cannot logistically pass Congress by July 4 because it still requires 60 Senate votes, House-Senate reconciliation, and a presidential signature. Coverage tracking the CLARITY Act’s escalating timeline pressure heading into this week underscored how quickly the political window was narrowing.
Prediction markets had previously priced passage above 70%; estimates have since dropped to 45%. The stablecoin yield dispute was previously resolved via a Tillis-Alsobrooks deal, but the ethics and Section 604 tracks remain live and are now fractured simultaneously.
If neither resolves before the August recess, the practical window for 2026 crypto regulation passage may close entirely. The pattern of regulatory deadline pressure is not unique to the Senate: MiCA’s July 1 compliance deadline illustrates how compressed regulatory timelines routinely force markets to price in binary outcomes with limited runway for correction.
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The post CLARITY Act July 4 Deadline Dead as Ethics and Section 604 Talks Collapse appeared first on Cryptonews.
Crypto World
Major Ripple Adoption News Sends XRP’s Price Flying to $1.3
Ripple’s cross-border token continues to make headlines today, as its price has been on a consistent uptrend that lasted hours and peaked at almost $1.30 minutes ago.
The latest more bullish development came earlier today when a major crypto exchange listed the company’s stablecoin, which also includes a pair against XRP.
XRP’s Bullish Move
CryptoPotato listed several reasons earlier today why the popular altcoin took the market-wide revival by storm. At the time, the asset had climbed to just $1.20 on the heels of the new deal between the US and Iran announced by US President Donald Trump, which is supposed to be signed officially by the end of the week.
The other notable reasons included a substantial shift in exchange deposits as Korea emerged as a winner, and the continuous net inflows into the spot XRP ETFs.
Gate.io, one of the largest and most popular cryptocurrency exchanges, added fuel to the bullish fire earlier today by listing RLUSD, Ripple’s other token. Moreover, it added support for XRP/RLUSD on its platform, thus combining both of the company’s assets.
$RLUSD is now live on @Gate_io.$XRP / $RLUSD spot trading pairs are available today, unlocking real interoperability and capital efficiency for digital asset markets worldwide. https://t.co/HHQnfhcMFc
— Ripple (@Ripple) June 15, 2026
Strong Support Continues
The analytics company Santiment also weighed in on XRP’s impressive performance, indicating that today’s surge came after the asset’s sentiment had fallen to multi-month lows. As the analysts have noted countless times in the past, such instances usually offer the most solid trend reversal opportunities.
Furthermore, they explained that the cross-border token continues to benefit from receiving support from its largest holders.
“Our on-chain data indicates that wallets holding at least 1M XRP now hold 74.1% of the entire supply and have accumulated an additional 1.53B coins in just the past six months,” they added.
The analysis also highlights “Ripple’s expanding institutional payment network and growing tokenization initiatives on the XRP Ledger, both of which have helped maintain long-term confidence despite recent price weakness.”
They concluded that when the aforementioned factors align, the price revivals are typically rapid and impressive.
The post Major Ripple Adoption News Sends XRP’s Price Flying to $1.3 appeared first on CryptoPotato.
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