Ethereum (ETH) has surged past a critical resistance level at $2,600, sparking fresh bullish sentiment across the market as analysts and investors alike set their sights on the psychologically significant $3,000 mark. With growing institutional interest, whale accumulation, and renewed momentum against Bitcoin (BTC), ETH’s latest rally is being hailed as the beginning of a...Read More
Speculation around a broader altcoin surge continues, especially against a backdrop of cautious trading and selective demand. New data, however, demonstrates that the ongoing trends continue to favor Bitcoin as the market’s primary destination. Altcoin Hopes Dim Matrixport’s latest analysis casts doubt on the likelihood of an imminent altcoin rally, which leaves Bitcoin the only...Read More
Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been consolidating around $105,000, traders are still offloading their bags to realize gains. This is evident in Glassnode’s Entity-Adjusted Spent Output Profit Ratio, which shows that...Read More
The second-largest cryptocurrency by market capitalization has maintained a price range between $2,500 and $2,600 for over a month. However, recent data shows that the asset has surpassed the $2,600 price mark, hovering around $2,650. Several factors have contributed to ETH’s price stabilization around this level over the past few weeks. This article highlights three...Read More
TL;DR Ripple’s native token has underperformed over the past few weeks, dropping below a crucial support zone of around $2.3, which has now become resistance. However, this hasn’t deterred some of the most vocal members of the XRP Army from setting out big, and perhaps outrageously sounding, price predictions. Here are some of them. Moonshot...Read More
The popular Solana-based meme coin launchpad, Pump.fun, is reportedly planning to raise $1 billion through a token sale that would value the company at $4 billion, according to Blockworks, citing sources familiar with the matter. The token sale will be offered to both public and private investors, with hints on social media suggesting it could...Read More
Ripple CEO Brad Garlinghouse has officially denied recent reports claiming that Ripple was planning to acquire Circle, the company behind USDC. “Brad was unequivocal that Ripple didn’t pursue an acquisition of Circle. While he wished Circle well, he wasn’t considering any acquisition,” shared Georgetown Law professor Chris Bummer, citing a conversation he shared with Brad at...Read More
Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binance’s outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When...Read More
Coinbase is under heightened scrutiny following revelations that it may have known as early as January 2025 about a massive breach involving outsourced customer support agents, months before the crypto exchange publicly acknowledged the security lapse. Sources familiar with the situation disclosed that the breach stemmed from an India-based employee at TaskUs, a US outsourcing...Read More
The Ethereum Foundation announced that it has fired some members of its research and development team. This move is part of a larger restructuring plan designed to address key protocol design challenges. Reorganization Efforts According to a Monday blog post, the Foundation has rebranded its Protocol Research and Development division under a new, simplified name,...Read More
Bitcoin held firm above the $105,000 mark following a weekend dip, as rattled market participants assess whether the pullback signals a temporary breather. Ongoing shifts in sentiment and trader positioning hint at a broader market recalibration quietly unfolding. No Panic, No Euphoria Bitcoin’s derivatives and spot markets are undergoing a structural recalibration. On Binance, long...Read More
“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to high levels of betting,” before adding that Bitcoin was “waiting to purge the bets before the next swing of all-time-highs.” Paper bets are generally crypto...Read More
On June 2, Strategy announced that it plans to offer an IPO of “10% Series A Perpetual Stride Preferred Stock” at $100 per share under the ticker STRD. It intends to use the net proceeds from the offering for “general corporate purposes, including the acquisition of Bitcoin and for working capital,” it stated. The firm...Read More
Binance founder Changpeng Zhao, better known as CZ, has floated the idea of a decentralized exchange (DEX) where order books and user positions are hidden to mitigate front-running and liquidation risks. The call comes amid renewed attention to Maximal Extractable Value (MEV), the practice of manipulating transaction ordering for profit. The Dark Pool Argument In...Read More
Vitalik Buterin has announced that Ethereum’s Layer 1 (L1) will be scaled by 10x in the next year. This comes amidst calls for an immediate L1 scaling amongst the community. Buterin’s Implementation Strategy The Ethereum co-founder confirmed the plans during a panel discussion at ETHGlobal Prague. “My view is generally I think we should scale...Read More
TRX, the native token of the Tron network, recorded a new all-time high in monthly transfer volume in May 2025. According to data compiled by CryptoQuant, a total of 490.3 billion TRX was transferred during the month, equivalent to approximately $132.4 billion at the token’s current price of $0.27. Surge in Network Activity The latest...Read More
Elon Musk’s latest announcement about a new encrypted messaging feature on X has ignited a firestorm, not for the feature itself, but for his baffling description of its underlying tech. On June 1, the X owner revealed via his official account on the social platform that the new XChat has been “built on Rust with...Read More
The world’s largest corporate holder of bitcoin continues with its BTC accumulation strategy, this time with a relatively modest purchase. Announced just minutes ago, Michael Saylor’s brainchild has spent $75.1 million to acquire 705 BTC at an average price of $106,495 per bitcoin. Strategy has acquired 705 BTC for ~$75.1 million at ~$106,495 per bitcoin...Read More
A lot of market dynamics witnessed in past bull cycles have played out differently in this one. One of them is the on-chain patterns and trends that precede altcoin seasons, which refer to periods when alternative cryptocurrencies outperform bitcoin (BTC). While traders are skeptical that the market will witness an altseason before this cycle is...Read More
Over the last year, meme coins have garnered significant attention in the space, attracting high trading volumes and generating returns of several thousand percent in a matter of hours in some cases, despite being highly controversial. These often-viral assets are doing more than just making headlines. Meme Coins Spark Broader Crypto Participation According to the...Read More
Tron TRX has maintained strong stability during a period of widespread market turbulence. The tenth-largest cryptocurrency has consistently traded above $0.26 for over two weeks and has managed to retain this level even as global trade tensions rise. This growth amid broader market volatility is supported by a marked decline in key risk metrics. TRX...Read More
Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now. After rallying by more than $15,000 over the month, the king crypto has shed $9,000 in the last week alone, slipping to the $103,000 level, putting traders on edge and sparking new...Read More
The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s break down what’s happening with XRP’s price action and the important support and resistance levels to watch. XRP Bounces from Key Support Zone On the daily chart, XRP recently bounced from a key support area between $2.10 and $2.15. This...Read More
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi. The company has been implicated in running a “pig butchering” scam. $200M Scam Uncovered According to the official press release, Funnull has stolen over $200 million from...Read More
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21, 2025, loan volumes have dwindled to just over $50 million – a steep 83% drop since January and a staggering 97% from the January 2024 high. At its peak, activity surged with platforms like Blur’s...Read More
Bitcoin’s record-breaking rally to an all-time high of $112,000 on May 22nd has ushered in a wave of heightened investor expectations. The surge, catalyzed by a sudden bullish breakout following the White House’s decision to delay 50% tariffs on EU goods, has since been tempered by geopolitical uncertainty and clear signs of market overexuberance. Social...Read More
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25 cycle, which revealed both volatility and capital flow patterns that contrast sharply with prior cycles and competitor assets like Bitcoin and Solana. Ethereum Faces Significant...Read More
In a strategic move to accelerate its Bitcoin acquisition goals, Japan-based Metaplanet issued $21 million in interest-free bonds to the Evo Fund on May 29, following a separate $50 million raise the previous day. These zero-coupon bonds, known as the 17th series, come with a $525,000 face value and are set to mature on November...Read More
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s view that participants in Protocol Staking...Read More
French football giant Paris Saint-Germain (PSG) has scored a historic first: It has become the inaugural major sports club in the world to allocate Bitcoin (BTC) to its treasury reserves. The move, announced by Pär Helgosson, Head of PSG Labs and Web3, at the Bitcoin 2025 conference in Las Vegas on May 29, signals a...Read More
