HoldCoin PriceHOLD

Sygnum Bank, one of the world’s first regulated digital asset banks, has warned that the increasingly aggressive and leveraged acquisition of Bitcoin (BTC) by public companies could render it inappropriate for use as a central bank reserve. At the center of the debate is Strategy (formerly MicroStrategy), the poster child for corporate Bitcoin accumulation. The company recently announced the purchase of another 1,045 BTC for approximately $110.2 million at an average price of $105,426 per coin. That brings its total holdings to a staggering 582,000 BTC, worth over $63 billion, equivalent to around 2.8% of Bitcoin’s fixed 21 million supply. While Strategy and its vocal executive chairman, Michael Saylor, frame this move as long-term monetary innovation, critics like Sygnum see it differently. In its recent report , the bank’s analysts argue that the concentration risk, combined with leveraged acquisition methods, threatens the credibility of Bitcoin as a future central bank reserve. “Large concentrated holdings are a risk for any asset,” Sygnum’s report stated. “At this point, Strategy’s holdings are approaching a point where they become problematic… a private corporation controlling a large portion of the existing supply would make Bitcoin inappropriate for central banks to hold as a reserve asset.” Strategy is far from alone. 144 companies have adopted Bitcoin as part of their treasury model—all of which are publicly traded. New entrants include high-profile names like Tether-backed Twenty One, Trump Media, GameStop, and K33, joining the ranks of Bitcoin-forward firms like Metaplanet and Semler Scientific. Analysts at Bernstein estimate that this group could collectively inject up to $330 billion into Bitcoin markets over the next five years, particularly under a more crypto-friendly U.S. administration. Sygnum’s warning can be seen as timely in some quarters, as there’s growing support for Bitcoin’s viability as a reserve asset. Advocates often reference Bitcoin’s finite supply, decentralized nature, and resistance to inflation as reasons for central banks to consider BTC alongside gold or foreign currency reserves. According to Sygnum, corporate concentration distorts two of Bitcoin’s most important institutional traits: liquidity and volatility. As more BTC gets locked up in corporate vaults, the liquid supply shrinks, potentially increasing price swings and weakening its attractiveness as a “safe haven.” So far, very few central banks have registered interest in Bitcoin. Beyond outliers like El Salvador, no major economy has adopted BTC as an official reserve asset. In March, however, President Donald Trump signed an executive order creating a U.S. Strategic Bitcoin Reserve comprised of over 200,000 BTC seized in criminal proceedings, stirring new conversation about public-sector Bitcoin holdings. Swiss National Bank Chairman Martin Schlegel dismissed the idea outright, saying BTC lacks the liquidity and stability required for such a role. Meanwhile, central banks in Czechia, Bhutan, and Pakistan have expressed interest but remain on the sidelines. KEY Difference Wire helps crypto brands break through and dominate headlines fast

OneBalance, a new developer platform focused on simplifying crypto’s fragmented user experience, has raised $20 million in a Series A funding round. The round was led by cyber•Fund and Blockchain Capital, according to a release shared with crypto.news. The company was founded by Flashbots core contributors Stephane Gosselin and Daniel Worsley, along with ex-Coinbase engineer Ankit Chiplunkar. The round also included participation from Bybit’s Mirana Ventures and L2IV, following a $5 million angel round in 2024 backed by investors from Consensys, Wintermute, and prominent crypto figures. OneBalance addresses a longstanding issue in crypto: the user experience of interacting across multiple blockchains . Traditionally, users must navigate wallets, bridges, and gas fees across different chains. OneBalance aims to eliminate this complexity through its new Toolkit powered by “Resource Locks” — a technology that allows developers to build apps that operate across chains with one-click actions. According to CEO Stephane Gosselin, OneBalance enables developers and fintechs to offer seamless interactions — sending, swapping, or earning yield — without users needing to know which chain they’re on or manage bridging and gas. “We’ve rethought blockchain development from the node up,” said Gosselin, adding that the platform maximizes value for users rather than enabling retail extraction. The key innovation, Resource Locks, improves on traditional cross-chain methods by parallelizing execution instead of waiting for sequential confirmations. This unlocks 40% faster transactions and simplifies the underlying complexity for users and developers alike. OneBalance has already demonstrated native Bitcoin-to-EVM swaps and plans to support Solana and other networks shortly. The Toolkit has been tested in a closed beta with early partners such as DSX, Vooi, Spritz Finance, and Nuvolari. Vasiliy Shapovalov of cyber•Fund said the firm doubled down after seeing how Resource Locks could unify fragmented userbases and liquidity across chains. “OneBalance isn’t only fixing UX—it’s extending crypto’s network effects,” he noted. OneBalance’s approach hinges on abstracting user balances across chains into a single “spendable” balance. Users no longer need to hold native gas tokens, as fees are paid using the tokens being transacted.

Two defendants pleaded not guilty to kidnapping and torturing a man for weeks over his wallet password. Kidnappings are becoming a serious threat to high-profile crypto investors. On Wednesday, June 11, John Woeltz, 37, and William Duplessie, 33, pleaded not guilty to kidnapping a Bitcoin investor and attempting to steal his wallet data. According to prosecutors, the two men held and tortured the victim for three weeks starting on May 6, in a luxury SoHo apartment in New York. They allegedly beat him, shocked him with electric wires, and held him over a staircase before he managed to escape. The torture was intended to force the investor to hand over his Bitcoin wallet password, which would have given the attackers control over his crypto. If convicted, both suspects face up to life in prison for the brutal kidnapping. High-profile Bitcoin and crypto investors are increasingly attractive targets for kidnappers. Unlike traditional banking transfers, crypto transactions cannot be canceled or reversed. This means that once attackers gain access to funds, there is almost no way to retrieve them. For this reason, kidnappers tend to target individuals known to hold substantial crypto investments. Notably, France has become a major epicenter for crypto kidnappings, with at least six incidents recorded by May of 2025. Both crypto investors and their families are at risk when it comes to kidnappings. In a high-profile case in France, masked attackers attempted to kidnap the daughter and the grandson of Pierre Noizat, the CEO of crypto exchange Paymium. To protect themselves, crypto holders should never advertise their assets or disclose balances. At the same time, large holdings should be kept on cold storage devices or with custodians, so attackers cannot easily access them.

The U.S. Senate voted 68-30 on Wednesday to invoke cloture on the GENIUS Act, a major stablecoin bill, paving the way for a final floor vote scheduled for next Monday. If passed, the bill could set the first national regulatory framework for stablecoins in the United States. The GENIUS Act—short for the Guiding and Establishing National Innovation for US Stablecoins— requires stablecoin issuers to maintain 100% reserves, submit to annual audits if they hold over $50 billion in market cap, and adhere to rules for foreign issuers. It could serve as a benchmark for stablecoin regulation in the U.S. financial system. Senate Majority Leader John Thune spoke in favor of the bill, aligning with President Donald Trump’s stance on digital assets. “We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that,” Thune said . However, not all lawmakers were on board. Senator Elizabeth Warren criticized the bill for failing to address bipartisan amendments and warned of the political risks linked to Trump’s crypto dealings. “By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion,” she said, referencing Trump’s ties to a crypto platform backed by his family. Industry leaders say the bill could unlock new institutional participation. Yuval Rooz, CEO of blockchain firm Digital Asset, called it a “pivotal shift” in crypto regulation. “The passage of the GENIUS Act marks a long-awaited shift from regulation by enforcement to regulation by clarity,” Rooz said in a note obtained by crypto.news. “It provides banks with a clear framework to confidently engage with stablecoins, unlocking stalled strategies by ensuring full reserves, regular audits, and substantive consumer protections.” Rooz emphasized that “regulation alone isn’t enough,” highlighting the importance of privacy and control. “These aren’t optional features; they are foundational to institutional trust,” he added. As the Senate prepares for Monday’s final vote , the GENIUS Act’s fate could shape the future of U.S. crypto policy—and influence how stablecoins are used in both traditional and decentralized finance.

Nasdaq-listed VivoPower International (NASDAQ:VVPR) is allocating $100 million to an XRP-based treasury system, with the goal of generating institutional yield through decentralized protocols on the Flare Network. This is part of a broader plan to build an XRP-based treasury system. VivoPower aims to generate income from protocols like Firelight and reinvest it into its XRP holdings. The move presents an unconventional yet significant bet on the utility of digital assets for a public company, especially given recent financial metrics that highlight existing pressures on the firm’s balance sheet. Kevin Chin, Executive Chairman and CEO of VivoPower, framed the move as a fiduciary duty, stating , “It’s no longer enough to simply hold XRP; the duty to our shareholders is to make it productive.” To execute its plan, VivoPower has raised $121 million in private capital to fund the XRP acquisition. The company will partner with institutional-grade custodian BitGo to handle the storage and trading of the $100 million XRP allocation. To generate yield, VivoPower will use Flare Network’s FAssets system, a method that allows XRP to be integrated with smart contracts and used in decentralized applications while remaining secure. The partnership marks the first institutional-scale use of FAssets in the XRP ecosystem. Related SUI Price: How High Can SUI Go Following Nasdaq ETF Filing? Flare Network, backed by Ripple Labs, has a coin market capitalization of $1.9 billion. The network already has retail users through its partner Uphold, a platform with over 10 million users. VivoPower also plans to use Ripple’s upcoming RLUSD stablecoin as its main cash-equivalent asset. This will help stabilize the company’s XRP treasury. This aggressive move into crypto comes at a critical time for the company. Recent financial metrics from InvestingPro have rated VivoPower’s overall financial health as “WEAK,” highlighting 11 risk indicators. Data shows the company has a current ratio of 0.3, a metric that suggests potential difficulty in meeting its short-term financial obligations. VivoPower, founded in 2014 and listed on Nasdaq since 2016, is maintaining its other business units, Tembo and Caret Digital. Alongside its new XRP strategy, VivoPower is engaged in other major corporate developments. The company is currently reviewing a new $200 million offer from Energi Holdings Limited. The proposal is for a 51% stake in its subsidiary, Tembo e-LV B.V., increasing the previously assigned enterprise value. Related Ripple Confirms ONDO’s OUSG Fund, Backed by BlackRock’s BUIDL, Is Live on XRP Ledger VivoPower set June 12, 2025, as the ex-dividend date for potential special dividend distributions related to Tembo. Shareholders on record by June 13, 2025, will be eligible. The company filed a registration statement with the U.S. Securities and Exchange Commission to offer its ordinary shares to the public. This filing supports its ongoing digital asset and XRP-focused plans. While a special dividend is possible, the company said there is no guarantee that one will be paid. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.