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Interactive Strength completes its first $55 million cryptocurrency reserve investment and has begun acquiring FET.

6 hours ago

On June 17th, as per official information, Interactive Strength Inc. (listed on Nasdaq: TRNR) announced today that the first $55 million investment for its cryptocurrency reserve strategy was successfully completed on June 13th. Subsequently, TRNR, through its custodian BitGo, took advantage of the 24/7 trading characteristics of cryptocurrencies and began purchasing FET tokens in the open market over the weekend. TRNR intends to continuously utilize the remaining net proceeds from this initial capital, as well as the additional net proceeds from the upcoming $500 million financing line, to gradually increase its FET holdings in the open market. It is expected that the FET acquired with this initial capital will enable TRNR to become the largest publicly listed cryptocurrency reserve enterprise with a core emphasis on AI tokens.
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Bank of America has ranked Bitcoin as one of the greatest innovations of the past millennium

On June 17th, as per a report from Cointelegraph, Bank of America has positioned Bitcoin as one of the most significant innovations of the past millennium, making a comparison of its influence with that of the Internet and electric vehicles.

4 minutes ago

DAOBase announces tokenomics: Total supply is 1 billion tokens, with 5% allocated for airdrops

On June 17th, BlockBeats reported that DAOBase made an announcement regarding its tokenomics model. The total supply of tokens is 1 billion, and they are distributed as follows: 20.0% is for ecosystem rewards, 16.0% goes to the DAO treasury, 15.0% is for the team, 15.0% is for marketing and growth, 13.0% is for venture capital rounds, 9.0% is for liquidity provision, 5.0% is for advisors, 5.0% is for airdrops, and 2.0% is for the IDO. The first airdrop will allocate 5% of the total supply (50 million tokens). 40% of the airdrop will be distributed to point-based users, 30% will be allocated to the Pollen Program, 20% will be distributed to Buzz' Bees NFT holders and governance participants, and 10% will be allocated to DAO partner community users. The snapshot date for this is June 1, 2025.

4 minutes ago

Bitcoin falls below $106,000

On June 17th, based on HTX market data, Bitcoin has dropped below $106,000, experiencing a 24-hour decline of 1.05%.

4 minutes ago

The total staked Ethereum surpasses 35 million, hitting a new all-time high.

On June 17th, the CryptoQuant analyst Onchain School put out an article which said, "The amount of staked Ethereum has gone beyond 35 million and reached a brand-new high. Meanwhile, the 'accumulated addresses' (addresses that have never had a sell transaction recorded) have also reached a historical apex. Currently, they are holding 22.8 million ETH."

4 minutes ago

Binance Wallet will list DAOBase TGE

On June 17th, Binance Wallet is set to launch the DAOBase (BEE) TGE. The subscription period will be from 4:00 PM to 6:00 PM (UTC+8) on June 18th, 2025. Only eligible users need to participate by using Alpha Points. An additional 40,000,000 BEE will be allocated for future events, and the specific details will be announced separately.

4 minutes ago

UpTop is about to go live on Four.Meme and initiate the TGE.

On June 17th, Four.meme made an announcement on social media that the liquidity protocol UpTop on the BNB Chain is about to launch on Four.Meme and commence its TGE (Token Generation Event). UpTop offers BNB Chain users one-click liquidity provision along with an exclusive mechanism for impermanent loss protection, simplifying operations and minimizing risks. The token issuance timeline and additional details will be disclosed shortly.

4 minutes ago

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