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Author: Ubik Capital
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Crypto News
June 2, 2025BY Ubik Capital

UNI Battles $6 Support as Tariff Fears and Rate Jitters Rattle Crypto Sentiment

The cryptocurrency market continues to feel the effects of global economic tensions, with investor sentiment swaying under the weight of rising geopolitical risks and trade uncertainty. Uniswap’s UNI token saw a sharp intraday swing between $6.045 and $6.385 before stabilizing above...
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Crypto News
June 2, 2025BY Ubik Capital

Crypto Payments Firm RedotPay Enlists Circle Payment Network in Brazil

Hong Kong-based RedotPay, a crypto payment fintech serving over four million users, has partnered with stablecoin issuer Circle’s new payment network (CPN), to take the headache out of Brazil’s cross-border transactions. The CPN collaboration means RedotPay users can now send...
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Crypto News
June 2, 2025BY Ubik Capital

UK-Listed Investments Platform IG Offers Spot Crypto Trading to Retail Customers

Investment platform IG (IGG) said it has begun offering crypto trading to retail investors, becoming the first publicly-listed firm in the U.K. to do so. This marks IG’s first offering of crypto exposure through spot trading of bitcoin BTC, ether ETH and a range of smaller...
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Crypto News
June 2, 2025BY Ubik Capital

U.S Dollar to Slide Further This Summer, Bank of America Warns

Bank of America has warned that the U.S. dollar could be in for a rough summer, having already dropped sharply this year. The dollar index, which tracks the value of the U.S. dollar against major currencies, has dropped nearly 9% to 99.74 this year, as President Donald Trump’s...
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Crypto News
June 2, 2025BY Ubik Capital

Crypto Soared in May as Institutions, States, and Regulators Embrace Bitcoin: Ikigai’s Kling

Travis Kling of Ikigai Asset Management shared his May highlights for bitcoin BTC and broader crypto ecosystem, underscoring the remarkable scale of institutional adoption throughout the month. May was a blockbuster month for the crypto sector, headlined by unprecedented...
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Crypto News
June 2, 2025BY Ubik Capital

Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says

Taiwanese cryptocurrency exchange BitoPro is suspected to have lost over $11.5 million worth of tokens in a May 8 exploit, widely-followed blockchain sleuth ZachXBT said in his Telegram group on Monday. The exploit involved unauthorized access to BitoPro’s hot wallets across...
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Crypto News
June 2, 2025BY Ubik Capital

Post Pectra ‘Malicious’ Ethereum Contracts Are Trying to Drain Wallets, But to No Avail: Wintermute

Malicious Ethereum contracts designed to drain wallets with weak security aren’t profiting from the operation, crypto market maker Wintermute said Friday, identifying these contracts as “CrimeEnjoyors.” The whole issue is tied to the Ethereum Improvement Proposal...
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Crypto News
June 2, 2025BY Ubik Capital

Metaplanet Acquires 1,088 Bitcoin to Bring BTC Stash to Over $930M

Japan’s Metaplanet said on Monday it has purchased additional 1,088 bitcoin BTC to bring its total holdings to over 8,888 BTC, now worth over $930 million. The latest acquisition cost the company 16.885 billion Japanese yen ($117.5 million), with an average purchase price of...
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Crypto News
June 2, 2025BY Ubik Capital

DOGE, XRP, SOL Show Price Bottoming as Bitcoin Traders Remain Optimistic

Market watchers say that major tokens are showing signs of bottoming out, even as geopolitical tensions and tariff fears continue to cloud the near-term outlook. Bitcoin BTC hovered around $105,000 in Asian morning hours Monday, slightly changed in the past 24 hours but down 5% over...
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Crypto News
June 2, 2025BY Ubik Capital

BitMEX Blocks Lazarus Phishing Attempt, Calls Tactics ‘Unsophisticated’

BitMEX says it foiled a Lazarus phishing attempt posing as an NFT collab, citing sloppy tradecraft and reused tactics.
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