Binance & OKX Dominate Proof-of-Reserves Game — Coinbase Still Ghosting Transparency

Proof-of-Reserves (PoR) is quickly becoming the crypto industry’s version of a trust badge — and some platforms are flashing it proudly, while others… not so much.

Binance

CryptoQuant, the on-chain data pros, just ranked five major exchanges based on transparency, using reserve ratios and monthly PoR reports as key metrics. The results? Binance and OKX are flexing accountability — Coinbase, not so much.

🔍 Here’s how the major players stack up:

🥇 Binance:

The big boss of crypto exchanges is leading the transparency charge. Binance consistently keeps its Reserve Ratio >100%, meaning it has more assets than user liabilities — that’s healthy AF. Plus, they’ve been clockwork-consistent with their monthly PoR drops. ✅

🥈 OKX:

Running right behind Binance, OKX also posts 100%+ reserve ratios and has matched Binance’s monthly PoR cadence. It’s clear they’re gunning for long-term trust. 🧾

🥉 Bybit:

Bybit’s doing fine with ratios between 105%-115%, and they just upgraded their PoR reports from every two months to monthly. Big W for transparency. 📈

🤷 Kraken:

Still above 100% but lagging in consistency. Since Nov 2022, only 4 reports have dropped. Feels more like a ghosted situationship than a reliable partner. 👻

🚨 Coinbase:

Here’s where things get weird. Zero Proof-of-Reserves reports. Yep, none. For a publicly traded giant in the U.S., that’s a serious L in terms of transparency and leadership. 🧊

As regulation tightens and users get smarter, PoR is no longer a “nice-to-have” — it’s a must-have. Binance and OKX are showing how it’s done. Meanwhile, Coinbase’s silence? It’s speaking volumes.

📌 TL;DR: Binance & OKX = 💯 Proof-of-Reserve kings. Coinbase? Still ghosting PoR reports like it’s 2019.

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Ethereum Whales Go Wild: 871K ETH Scooped in a Day — Biggest Grab Since 2017

Something big is brewing on the Ethereum front. On June 12, 2025, wallets holding between 1,000 and 10,000 ETH went on a buying spree — scooping up a jaw-dropping 871,000 ETH in a single day. That’s the biggest whale inflow since 2017, and it’s not a one-time event.

ethereum

For the past week, these heavy hitters have been adding 800K+ ETH daily, pushing their collective bag to over 14.3 million ETH — now accounting for 27% of all ETH in circulation, according to Glassnode.

What’s wild is this is happening while Ethereum chills around $2,548, stuck under the $2,700 resistance zone. The charts are meh, the RSI’s at 54, and both bulls and bears are hesitating. But whales? They’re stacking. Hard.

Analysts say this might be whales gearing up for:

  • Big ETH upgrades
  • Ethereum’s growing role in real-world asset tokenization
  • And more institutions sliding into crypto

Also — Ethereum staking is booming. Over 35 million ETH is staked, and “accumulation addresses” (wallets that never sell) are now holding 22.8M ETH. Translation: long-term conviction is very real.

Meanwhile, Ethereum’s Layer 2s are buzzing too:

  • USDC transfers on Arbitrum & Optimism? Skyrocketing.
  • ENS whale activity? Up 313.5%.
  • Lending protocol whales? +203.8%.

TL;DR: Whales are making moves. Price isn’t pumping yet, but behavior like this tends to front-run bull runs. Eyes on ETH.

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French Tech Firm The Blockchain Group Snaps Up $19M in BTC, HODLing 1,653 Bitcoin Now

In a bold move signaling growing corporate faith in Bitcoin, The Blockchain Group (TBG), a publicly traded company in France, has acquired 182 BTC worth €17M (~$19M) — bringing their total stash to 1,653 Bitcoin.

blockchain bitcoin

This isn’t a one-off. It’s part of their Bitcoin Treasury model, launched back in November 2024, aiming to convert surplus capital into digital gold. With BTC hovering at its weekly lows, the blockchain group saw a window to stack sats smartly — and their bet’s paying off. The company reports a 1,173.2% YTD yield and currently sits on roughly $173.56M worth of BTC.

They’re not alone. Following in MicroStrategy’s footsteps, the blockchain group and other firms are betting on Bitcoin as a hedge and long-term asset. Their plan? Use excess cash and financing via TOBAM’s €300M capital program to increase Bitcoin per share.

Even with the EU’s MiCA regulations kicking in, the French crypto space is still thriving. Giants like Ledger, Coinhouse, and now The Blockchain Group are doubling down on BTC — proving that regulation doesn’t mean retreat, it means playing smarter.

📌 TL;DR: TBG just turned a dip into a win. Institutions aren’t just watching — they’re buying.

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SharpLink Gaming Buys $462.9M in Ethereum, Becomes Largest Public ETH Holder After Foundation

In a groundbreaking move, SharpLink Gaming, Inc. has acquired 176,271 Ethereum (ETH) valued at approximately $462.9 million, making it the largest publicly traded Ethereum holder — second only to the Ethereum Foundation itself.

sharplink

A First for Nasdaq

SharpLink is now the first Nasdaq-listed company to adopt Ethereum as its primary treasury reserve asset. This strategic pivot marks a significant milestone for institutional crypto adoption, with Ethereum — not Bitcoin — at the center of a major corporate treasury plan.

How They Funded the ETH Move

The company raised funds in two phases:

  • A PIPE deal closed on May 26, 2025
  • A $1 billion ATM equity program, from May 30 to June 12, raising around $79 million

The majority of this capital has been deployed to purchase Ethereum.

ETH as Yield-Bearing Capital

Since June 2, SharpLink’s ETH-per-share has grown 11.8%. Over 95% of the ETH is staked or involved in liquid staking, allowing the company to earn staking rewards while contributing to the security of the Ethereum network.

Leadership Speaks

Rob Phythian, CEO of SharpLink Gaming, explained:

“Our decision to make ETH our primary treasury reserve asset reflects deep conviction in its role as programmable, yield-bearing digital capital.”

Joseph Lubin, Ethereum Co-Founder and Chairman of SharpLink, added:

“SharpLink’s bold ETH strategy marks a turning point in how institutions adopt Ethereum.”

Lubin emphasized that this move aligns with broader trends in U.S. regulation, including ongoing legislative efforts around stablecoins and digital assets.

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4 Key Solana Price Analysis Clues That Could Spark a Major Upside

Solana Price Analysis: What’s Unfolding in the Charts Today

The solana price analysis for today shows SOL hovering around $150, navigating a critical technical juncture. Support is solid, whale activity is picking up, and a breakout above resistance could pave the way to fresh highs. Here are 4 pivotal clues to know:

4 Critical Solana Price Analysis Signs

  1. Firm Support Holding at ~$147–150
    SOL rebounded from a double bottom near $147–151—signaling that buyers are defending this crucial zone.
  2. Ascending Triangle & $164 Resistance Break in Sight
    Price formed an ascending triangle, slowly creeping toward resistance around $164. A decisive breakout could trigger a rally.
  3. Whale Transfers Point to Strategic Accumulation
    On‑chain data shows two whales moving ≈1.35M SOL ($220M+) off Coinbase to stake wallets—hinting at long‑term holding, not selling.
  4. Mixed Technical Indicators—Momentum Rising
    RSI climbed out of neutral, but price remains below the Ichimoku Cloud. MACD and Parabolic SAR lean bullish—yet confirmation needs a close above resistance.

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Ripple XRP Burn Rumors Debunked: No 10% Supply Burn Confirmed

XRP Burn Rumors Are False: Here’s the Truth Behind the 10% Supply Speculation

The XRP community is currently grappling with viral rumors claiming Ripple will burn 10% of its total supply in the next 48 hours — an event that would supposedly spike the price to $125.98 overnight. The speculation originated from an X (formerly Twitter) post by a user named CryptoGeek, who also referenced a 2017 price jump linked to an alleged major burn.

XRP

But here’s the truth: No such its burn is happening, and the data proves it.

What’s Actually Happening?

According to verified data from XRP Scan, a total of approximately 13.98 million XRP has been burned — but that’s over the entire lifetime of the XRP Ledger. These burns happen due to tiny fees charged per transaction, not via a massive, manual burn event.

“The XRP burn mechanism is automatic and designed to prevent spam, not reduce supply at scale,” says XRPScan.

Given that XRP has a total supply of 100 billion tokens, burning 10 billion XRP would require a historic intervention — one that Ripple has not announced or supported.

Where Did the Rumor Start?

The confusion stems from a misinterpreted post by RealFi, which mentioned the burn of 10% of its own token supply on the Ledger. The mention of both “burn” and “XRP Ledger” in one sentence led to viral confusion, with users mistaking RealFi’s burn for a major XRP supply burn.

Did it Ever Experience a Big Burn?

No. The XRP Ledger does not support large manual burns the way some tokens like Shiba Inu or BNB do. XRP’s value dynamics are not dependent on supply-reduction events, and Ripple does not routinely buy back or destroy tokens.

The Math Doesn’t Add Up

To burn 10% of its supply (~10 billion tokens) would require over 700 times more XRP than has been burned in its entire operational history. At the current rate of automated fee-based burns, it would take centuries to achieve such a reduction.

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4 Convincing Bitcoin Price Analysis Signals Hinting at a Breakout Today

Bitcoin Price Analysis: Are Bulls Poised to Run?

The bitcoin price analysis today highlights a tense setup—BTC is bouncing off support while testing resistance, with mixed macro and on-chain momentum. Here’s what’s shaping the price action right now:

4 Crucial Bitcoin Price Analysis Signals

  1. Defended Around $105.5K
    Bitcoin dipped near today’s low at $105,513 before rebounding—suggesting buyers stepped in at that level. Maintaining above this floor could keep bulls in control.
  2. Resistance at $108K–$109K Band
    Hourly candles show BTC struggling to close above the $108,000–$109,000 area—a critical door to fresh highs. A clean break there unlocks space toward $110K–$112K.
  3. ETF Inflows & Reduced Exchange Supply
    Bitcoin ETFs pulled in ~$409 million in fresh inflows today, while on-chain data shows a net outflow of ~400K BTC from exchanges—classic bullish signs.
  4. Golden Cross in the Making
    The 50-day moving average is converging with the 200-day MA. Historically, Golden Cross events follow with rallies of 49–125%. If confirmed, BTC could target $152K or beyond.

Summary:
BTC is locked in a pivotal range. Holding above ~$105.5K while breaking above ~$108K could open the path to new highs. But failure at resistance might lead to a dip back toward support levels. Keep an eye on ETF flows, Golden Cross confirmation, and macro headlines—these will set the tone for the next move.

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Fold Holdings Launches $250M Equity Facility to Fuel Bitcoin Treasury Strategy

Fold Holdings Secures $250M Equity Facility to Double Down on Bitcoin

Fold Holdings, Inc. has made a bold move to further entrench Bitcoin in its corporate strategy. The company has secured a $250 million equity purchase facility, giving it the flexibility to raise capital and acquire more Bitcoin for its treasury. This development aligns Fold with a broader corporate trend led by MicroStrategy’s Michael Saylor, who has aggressively pursued BTC as a reserve asset.

bitcoin

What the Deal Means

Under the agreement, Fold can issue up to $250 million worth of new common stock — but only at its discretion. This means there’s no obligation to issue or raise any funds unless the company chooses to. However, before executing any stock sales, Fold must file a registration statement with the U.S. Securities and Exchange Commission (SEC). Once approved, the company can begin issuing shares via a private placement.

This move leverages exemptions under the Securities Act of 1933, which allows the company to avoid the traditional public offering process, streamlining access to capital.

Who’s Involved

The sale will be managed by Cohen & Company Capital Markets, a division of J.V.B. Financial Group, which will act as the official placement agent for the offering.

Fold’s Bitcoin Journey

Fold already holds over 1,490 BTC in its treasury. With this facility, it has the firepower to significantly grow that number, potentially turning its balance sheet into a Bitcoin fortress.

Despite a 57% decline in FLD stock over the last 6 months and a negative EBITDA of -$13.6 million, the company maintains strong liquidity with a current ratio of 2.2, indicating it can cover its short-term obligations comfortably.

Bitcoin for Everyday Life

Fold isn’t just about stacking sats on the corporate side. It also offers a range of consumer products — including the Fold App, Fold Credit Card, and Bitcoin rewards program — aimed at integrating BTC into everyday financial experiences.

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Dig Into 5 Game-Changing Crypto Today Developments Unfolding Right Now”

What The Buzz in Crypto Today Means for You

The crypto today mood is electric—markets are mixed, headlines are bold, and institutional and political moves are shaking confidence. Here’s the lowdown on what’s making waves:

5 Game-Changing Crypto Today Developments

  1. Bitcoin & ETH Stay Strong Despite Pressure
    Bitcoin is holding near $107K thanks to steady institutional inflows, while Ethereum shows modest gains. Altcoins are doing their own thing—some jumping, others dipping—as uncertainty lingers.
  2. Stablecoin into Banking Sparks Debate
    U.S. lawmaker interest in integrating stablecoins like USDC and Tether into regulated banking is heating up—with $250 billion in circulating supply fueling concern that these tokens could upend traditional systems.
  3. Trump Media Files Bitcoin–ETH ETF Request
    Trump’s Media & Tech Group just filed for a dual BTC–ETH ETF, signaling deeper entry into mainstream web3—combining 75% Bitcoin and 25% Ethereum exposure with backing from Crypto.com.
  4. Genius Act Near Senate Passage
    The Senate is expected to pass the GENIUS Act, defining stablecoin regulations and barring Congress—but not the President—from profiting. Critics warn it leaves major loopholes untouched.
  5. Middle East Tensions Nudge Markets Lower
    Israel–Iran geopolitical risks weighed on web3overnight—BTC dropped ~0.7% to ~$106K, ETH fell 2.6%, and SOL slid ~3.8%, showing how global risk sentiment still drives crypto today.

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Bitcoin Eyes $168K Breakout as Global M2 Supply and Cup-and-Handle Pattern Fuel Bullish Momentum

Bitcoin Eyes $168K as Global M2 Surge and Chart Pattern Trigger Bullish Sentiment

Bitcoin (BTC) is showing strong signs of recovery in the last 24 hours, with bulls pushing the price past $107K. This comes as the Global M2 Money Supply continues to rise and a cup-and-handle pattern emerges on the daily chart — both of which have historically signaled potential rallies.

bitcoin

The Global M2 Money Supply, which includes M1 (cash, checking), savings, time deposits, and money market funds, has been increasing. Historically, Bitcoin price follows the Global M2 trend about 12 weeks later, giving investors another reason to stay bullish.

In the daily timeframe, BTC is in the process of completing a cup-and-handle formation, a classic bullish continuation pattern. If BTC breaks above its previous highs, it could rally toward $168K, based on a 50% depth projection from the cup.

Key levels to watch are $107.2K and the psychological barrier of $110K. A breakout above these could trigger the next major rally.

Despite macro uncertainties such as the Israel-Iran conflict and U.S. trade jitters, spot BTC ETF inflows remain strong, highlighting institutional confidence. Meanwhile, RSI is at 53 and rising, indicating bullish momentum without being in the overbought zone.

BTC currently trades at $107,050, with a 24-hour gain of 2%, and volume up 18%, showing renewed interest among traders.

Also, Bitcoin futures open interest (OI) has jumped over 4% in the last 24 hours, now totaling $72.16 billion, another signal of increasing market activity.

All eyes are now on Bitcoin’s ability to break above resistance — a move that could reshape the short-term crypto landscape.

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