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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeHut 8 to pay $2.35 million to settle investor suit over U.S. Bitco

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin mergerFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).

The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8's all-stock merger with USBTC, which closed in November 2023.

Investors alleged the company, which now focuses on AI data centers and high-performance computing, overstated the transaction's benefits while failing to disclose persistent energy curtailment and internet connectivity issues at King Mountain, a Texas bitcoin mining joint venture in which USBTC held a 50% interest.

The litigation gained momentum after short seller J Capital Research published a critical report in January 2024, prompting a slide of more than 23% in Hut 8's share price.

According to a court filing, the $2.35 million recovery represents roughly 19.6% of the estimated maximum recoverable damages, exceeding the 12.9% median and 14.6% average recovery rates for Securities Act-only settlements in 2025.

As part of the agreement, Hut 8 denies any wrongdoing or liability. Hut 8 shares have gained more than 640% over the past year.

Bitcoin Mining
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Hut 8 to pay $2.35 million to settle investor suit

Major Japanese crypto exchange Rakuten Wallet continues to demonstrate support for the dog-themed cryptocurrency Shiba Inu. Rakuten Wallet announced the addition of Shiba Inu to its lineup in April, a

Shiba Inu in Spotlight as Major Japanese Exchange Launches Dedicated Content

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryFranklin Templeton launches Franklin Crypto, acquires 250 Digital - Details Institution

2026 World Cup Posting Challenge on HTX Square

Franklin Templeton launches Franklin Crypto, acquires 250 Digital - Details

Institutional interest in digital assets continues to expand as tokenized markets attract long-term capital.Franklin Templeton has moved beyond passive exposure to digital assets and is now expanding deeper into active crypto management.

On Monday, the 22nd of June, the $1.78 trillion asset manager completed its acquisition of 250 Digital. The acquisition of the cryptocurrency management firm included the team and all its liquid cryptocurrency strategies previously run by CoinFund.

After the acquisition, Franklin Templeton officially announced that they had established a new division called Franklin Crypto. The division would be responsible for providing actively managed digital asset products to institutional investors

Franklin Templeton launches Franklin Crypto, acqui

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeProminent XRP commentator Bill Morgan has opined that San Francisc

Prominent XRP commentator Bill Morgan has opined that San Francisco-headquartered firm Ripple should speed up the release of its escrowed tokens, which remain a hot topic of debate within the community. 
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Based on current distribution rates, Ripple’s massive stash of locked tokens could take nearly a decade to be fully emptied out. Morgan argues that a swifter release schedule could actually unlock XRP's true potential. "Ripple should release more of the 1 billion each month and not lock so much back in escrow," Morgan shared on the X social network. "The sooner it is all released from escrow, and the circulating supply is 100% the quicker XRP will become the best hard money."

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The escrow timeline There are some estimates that some will take another nine years for the escrow to be completely used up. 
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However, calculating the exact day when it is going to happen is notoriously difficult: Ripple tends to re-lock varying sums of unspent tokens. The company retains only a small fraction for its institutional operations.On the first of every month, Ripple unlocks exactly one billion XRP tokens. For example, on June 1, the company unlocked one billion tokens across three separate transactions that were valued at over $1.33 billion at the time when they were being performed. A substantial portion of these tokens ended up being re-locked. Ripple's Chief Technology Officer Emeritus David Schwartz has previously confirmed that the firm voluntarily returns whatever XRP it does not need or use. 
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Approximately 61.85 billion XRP tokens are currently active and liquid in the global market.Ripple’s remaining lo

Prominent XRP commentator Bill Morgan has opined t

🧩 Strata Markets has officially launched PT-srUSDe as collateral on Aave Protocol. Users can now leverage PT-srUSDe positions while targeting yields of up to 15% APY. This integration opens fixed-inco

Cosmos ( $COS ), Systemex ( $SYS ), and Zilliqa ( $ZIL ) are carving distinct niches in the crypto landscape. COS remains driven by cross‑chain interoperability and steady institutional interest, keep

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeBitcoin price has limited downside, likely near bottom, contrarian

Bitcoin price has limited downside, likely near bottom, contrarian indicator suggestsIf you’re wondering just how much lower bitcoin BTC$62,272.98 is likely to drop, the answer, at least according to one historically accurate contrarian indicator, is not much.

That's the conclusion from an indicator that might seem to signal a bearish shift in sentiment but has tended to presage a more bullish outlook.

The indicator is based on two moving averages: Bitcoin’s 50-week simple moving average (SMA) and the 100-week average. The 50-week average, representing roughly one year, is very close to dropping below the 100-week line. A shorter-term measure is often seen as a more accurate reflection of recent attitudes, so the cross would trigger what analysts call a "bear cross." At current trajectories, it could happen as soon as next week.

While that might sound scary to bulls, it is potentially positive news.

There have been three such bear crosses in bitcoin's history, and each marked a market bottom, signaling the end of a decline and the beginning of a three-year rally. The impending cross, therefore, suggests the bear market has nearly run its course and the bottom is near.

Critics would argue that three past instances aren't enough to draw a definite conclusion. While that is true, the contrarian record of the bear cross is consistent with the reputation of ultra-long-duration moving averages as "lagging" indicators.

Bitcoin price has limited downside, likely near bo

It’s time to unlock the full potential of crypto trading with the flagship product of the ecosystem — UTrading. Before getting started, it’s important to choose the right license and bot on the platfo

TradFi Trading Strategies Sharing ChallengeBILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolInside Euler Finance’s Expansion into Tokenized Assets — What It MeansEuler Finance has rec

TradFi Trading Strategies Sharing Challenge

Inside Euler Finance’s Expansion into Tokenized Assets — What It MeansEuler Finance has recently announced its strategic expansion into tokenized assets, which is generating notable user growth. According to a tweet from Token Terminal, the platform has seen a significant rise in daily active users, primarily driven by the introduction of Securitize’s VBILL as collateral. This trend underscores the growing interest in tokenized assets within the crypto space.

The Story So Far
The broader cryptocurrency market currently exhibits mixed signals, but Euler Finance is making strides in user engagement through its focus on tokenized assets. The recent integration of Securitize’s VBILL as collateral has reportedly led to a remarkable increase in daily active users, estimated at around 200%. This surge highlights the demand for innovative asset offerings and the relevance of institutional-grade solutions in attracting a wider user base. As the market evolves, the implications of such developments could reshape user interactions within the platform.

Euler Finance is a decentralized finance protocol aiming to provide efficient lending and borrowing solutions. Over recent months, the platform has been enhancing its services by introducing tokenized assets, which align with the broader trend of digital asset evolution. This move not only reflects the platform’s adaptability but also its commitment to meeting the needs of a growing user base in an increasingly competitive market.

What Comes Next
Traders and users should keep a close eye on Euler Finance’s user metrics following this expansion into tokenized assets. Continued growth in daily active users could signal increased demand for similar assets, potentially influencing other platforms to follow suit. Furthermore, as the landscape for tokenized assets develops, the success of Euler’s strategy could lead to 

Inside Euler Finance’s Expansion into Tokenized As

$W just touched multi-week lows — bounce incoming? 🎯 SETUP | 📈 LONG 💰 Price: $0.01029 📊 24H Range: $0.01031 – $0.01328 📦 Volume: $36.81M 📐 Technicals: RSI(14): 30.7 — Near Oversold EMA20: $0.01138 | E

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