CRYPTONEWS:Ethereum will increase tenfold. Bonk made games. Robinhood bought an exchange

Episode summary 🟠 Bitcoin Treasury Moves MicroStrategy's Latest Purchase: Michael Saylor's company, MicroStrategy, acquired 705 BTC between May 26 and June 1, 2025, for approximately $75.1 million. This marks their eighth consecutive weekly purchase, bringing their total holdings to 580,955 BTC. Barron's Metaplanet's Accumulation: Japanese firm Metaplanet expanded its Bitcoin treasury to 8,888 BTC with a recent acquisition, reinforcing its commitment to Bitcoin as a strategic asset. 🟢 Ethereum Ecosystem Updates Consensys & Sharplink Collaboration: Consensys is partnering with Sharplink to build its Ethereum treasury, leading a $425 million private placement to support this initiative. Investopedia Ethereum Foundation Restructuring: The Ethereum Foundation announced staff layoffs and a rebranding of its core team, aiming to streamline operations and focus on core development. Vitalik Buterin on Scaling: Ethereum co-founder Vitalik Buterin stated that Ethereum should scale 10x in the next year, highlighting ongoing efforts to improve network efficiency and reduce fees. 🟡 Corporate Developments Circle's IPO Ambitions: Stablecoin issuer Circle has increased its IPO target to $896 million, aiming for a valuation of up to $7.2 billion. This move reflects strong investor interest amid favorable regulatory conditions. RedotPay Partners with Circle: Crypto payments firm RedotPay has integrated with Circle's payment network in Brazil, enhancing its capabilities in the region. Consensys Acquires Web3Auth: Consensys has acquired Web3Auth to improve MetaMask's onboarding process, aiming to make it more user-friendly and secure. Investopedia Robinhood Acquires Bitstamp: Robinhood has acquired cryptocurrency exchange Bitstamp for $200 million, expanding its global crypto footprint. Investopedia 🔵 Meme Coin & Gaming Bonk's Gaming Expansion: Solana-based meme coin Bonk has launched a "kill-to-earn" shooter game, blending gaming with cryptocurrency incentives to engage users. Investopedia /////////////////////////////////////////////////////////////////////////////////////////// 🔗 SOURCES 🔗 https://decrypt.co/323286/michael-saylors-strategy-makes-smallest-bitcoin-buy-in-10-weeks https://decrypt.co/323291/metaplanet-bitcoin-treasury-8888-btc https://www.theblock.co/post/356597/consensys-to-help-sharplink-build-its-eth-treasury-by-leading-425-million-private-placement https://cointelegraph.com/news/circle-raises-ipo-target-to-896m-amid-strong-investor-interest https://www.coindesk.com/business/2025/06/02/crypto-payments-firm-redotpay-enlists-circle-payment-network-in-brazil https://decrypt.co/323332/ethereum-should-scale-10x-next-year-vitalik-buterin https://cointelegraph.com/news/ethereum-foundation-lays-off-staff-rebrands-core-team https://www.coindesk.com/tech/2025/06/02/consensys-acquires-web3auth-to-reinvent-metamask-onboarding https://cointelegraph.com/news/robinhood-200-million-acquisition-bitstamp https://decrypt.co/323296/solana-meme-coin-bonk-kill-to-earn-shooter-game https://x.com/bonk_inu/status/1929584864195387795 /////////////////////////////////////////////////////////////////////////////////////////// 🔴 WARNING 🔴: The video may contain errors due to the creator's dyslexia, such as incorrect names or references (e.g. John Biden instead of Joe Biden, or Africa as a country). Dyslexia causes confusion when writing or speaking, but with practice, errors will decrease. Thank the audience for their understanding. 📜 Full Disclaimer 📜: The video is purely informative and does not constitute a recommendation to buy or sell cryptocurrencies or other products, nor does it provide investment advice. CRYPTO NEWS may have a financial relationship with the cryptocurrencies mentioned. The content of the video does not take into account the individual needs of the viewers and the opinions expressed are based on the information available at the time of its creation. 🕒Timestamps:🕒 24.7CRYPTONEWS, the best cryptocurrency news media online! #bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #business #success #investment #finance #coinbase #binance #stocks #wallstreet #investor #wealth #bullish #crash #collapse #economy #cnbc #cryptolive #altcoindaily