According to the Apple Redemption Program, the Bitcoin exhibition can provide a lucrative possibility of buying Apple shares.
Saylor’s proposal is followed by a Bitcoin rally (BTC) of over 11% from the beginning of 2025, which exceeded an 18% decrease in Apple shares in the same period.
When illustrating the growing corporate change, more and more time-honored companies are accepting digital assets outside of bitcoins.
On Wednesday, interactive force (TRNR), a manufacturer of fitness devices on the Nasdaq stock exchange, has announced plans to collect up to $ 500 million to establish the world’s largest token treasury.
Meanwhile, an unidentified whale opened a Bitcoin plant worth $ 300 million, causing speculation about the investor’s identity, because the long position was opened a few hours after James Wynn announced that he returned to an anonymous account.
“Apple should buy bitcoins,” says Saylor because he is disappointing the redemption of division
Apple, the fourth largest company in the world according to market capitalization, should buy bitcoins to deal with the needy performance of its action buying program, according to the executive president of Michael Saylor’s strategy.
“Apple should buy bitcoins,” said Saylor on Tuesday X post.
Saylor’s commentary responded to the criticism of Jim Cramer of the Apple purchase program.
“Redemption of Apple is not working now,” wrote Cramer WX post.
“The company can leave it to earn a lot, or it can take and integrate a little. This is not a badge of the disgrace. It is simply not” – he said.
The Apple purchase program aims to reduce the number of overdue shares and return value for investors, According to to the strategy of buying shares worth $ 110 billion announced in May 2024, notification of the American Securities and Stock Exchange Commission (SEC).
Apple shares have fallen by more than 17% from the beginning of the year.
At the same time, Bitcoin gained over 17%, According to For data from Tradingview. By increasing, Bitcoin has increased by over 1000% in the last five years, compared to the enhance in Apple by 137%.
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The SEC chair is fighting Gensler’s approach to the cryptowal
Paul Atkins, chairman of the Securities and Stock Exchange Committee (SEC), directed himself to the cryptocurrency policy of the previous administration in the event of a round table examining the regulation of digital resources.
In the Monday event under the leadership of the SEC task group entitled “DEFI and the American Spirit”, Atkins he said The earlier administration, suggesting the agency’s position on digital assets under the former chairman of Gary Gensler, adopted a challenging approach by the courts. He added that the SEC policy regarding erection as a service provider required approval of the congress to have constant authority, and advertised self -defense as “fundamental American value.”
“I am in favor of greater flexibility for market participants on self -service cryptocurrency assets, especially in the event that brokerage imposes unnecessary transactions or limits the possibility of engaging in the appearance and other activities of onchain,” said Atkins at this event.
“Unfortunately, the earlier administration undermined the innovations in the self -defense of digital portfolios and other Onchain technologies, confirming regulatory activities that programmers of such software can conduct brokerage activities.”
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FTX users are fighting to unlock $ 2.2 billion in still excluded bankruptcy claims
The exchange ftx Cryptocurrency bankcrupt is in the face of fresh control from users fighting for at least $ 2.2 billion in disputed claims, which are still awaiting approval, and many creditors are still fighting to approve their repayments.
The FTX Recovery Trust began the second round of payment on May 30, paying off digital assets worth over $ 5 billion in qualifying creditors who met the distribution requirements.
According to Sunil, FTX creditor and a member of the AD-HOC committee from FTX, disputed repayments worth $ 2.25 billion.
“Current allowed claims: $ 7.5 billion. Total estimated claim: USD 10.6 billion. 30% of permitted claims are questioned – legal claims will be allowed,” wrote Sunil on Wednesday X post.
Sunil told CointeLgraph having FTX has an additional 6.5 billion dollars of reserves for the disputed claims, which will probably be paid in the next distribution of Cointelegraph, adding:
“I predict most of the disputed [claims] Receipt of the permitted to the next distribution. “
“However, there is a high uncertainty about Chinese claims, which constituted 8% of claims regarding bankruptcy,” Sunil said, adding that it is difficult to predict the schedule of these payments until a distribution supplier of China is announced.
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Maplestory revives an avalanche, at the top of 1 million daily transactions twice a week
Blockchain Avalanche exceeded 1 million daily transactions twice a week, for the first time the network reached this milestone since February 2024.
Avalanche transactions were at the top of the mark June 1 and again on Saturday. According to data from Blockchain Analytics Analytics, total transactions for a week starting on June 2 reached 5.8 million, the highest every week from the beginning of 2024.
Spike in activity was largely driven by Maplestory Universe, Avalanche excellent On X. Maplestory Universe is an ecosystem of the Web3 game built on Avalanche. The first game, Maplestory N, moved on May 15.
Before that the online game has landed on Avalanche, daily blockchain transactions rarely reached 500,000 in 2025.
Maplestory became a cultural phenomenon among players in 2000 and early 2010. It was a proto-metaverse for social contacts, making friends and even establishing romantic relationships.
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PANCACESWAP introduces the dimensions of one click to simplify DEFI UX
The decentralized Exchange (DEX) Pancakswap introduced the swap of one click pass using the Aither protocol, to solve one of the most pressed problems related to the user experience (UX) in decentralized financing (DEFI).
Integration allows users to replace resources without complex blockchain bridges or other external third party infrastructure, which complicates the user’s experience and incur additional fees.
By transfers based on intentions, they allow users to simply define the desired result, such as the change of USDC (USDC) to the base for a wrapped ether (WETH) to an arbitration, and the education network competes for the transaction.
The swaps of the tokens of one click pass directly through the Pancakswap interface between the BNB chain, arbitrum and the base, simplifying transfers in blockchain networks.
Historically, passing was on the Blockchain bridges, which proved to be defenseless.
In 2022, Ronin Bridge Axie Infinity was exhausted for a cryptocurrency worth over $ 600 million in one of the greatest cryptographic feats in history. Hack was focused on a private multisignature scheme program, which turned out to be inappropriate.
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DEFI discussion
According to CointeLraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies according to market capitalization ended in red.
The Sonic token (Y) decreased by 14% as the largest decline in the top 100, followed by the token of Jupiter (JUP), fell by more than 13% in a weekly chart.
Thank you for reading our summary of the most influential DeFI development this week. Join us next Friday to get more stories, observations and education about this dynamically progressive space.
