News

Crypto Market Liquidations Near $1B—Is It Time to Lock in Profits?

Crypto market liquidations soared over the past 24 hours, with more than $841 million in forced positions wiped out ahead of Friday, May 30, primarily during late North American trading hours. The sharp downturn was triggered by Bitcoin’s (BTC) price falling below $105,000, igniting a cascade of long-position liquidations across the altcoin sector, particularly among […]

Top Bulls Predict Bitcoin Could Surge to $130K—or Even $1.5M

Bitcoin could surge to $130K, according to revised forecasts from top crypto bulls, with some even projecting seven-figure valuations by the end of 2025. The wide-ranging predictions reflect growing confidence in Bitcoin’s long-term trajectory, despite persistent skepticism from critics. Notable detractors such as Peter Schiff and Nouriel Roubini continue to warn of a potential collapse. […]

JD.com Stablecoin Advances in Hong Kong Sandbox as Mainland Crypto Ban Persists

JD.com is making steady progress in its stablecoin initiative, with the digital currency now entering Phase 2 of testing under Hong Kong’s regulatory sandbox, according to a May 30 report by Guandian. The move signals a strategic step forward for JD.com, as it navigates blockchain innovation within the legal framework of Hong Kong, especially notable […]

James Wynn Loses Big While Opponent Scores $17M in Profits

While crypto fund manager James Wynn reportedly lost close to $100 million through a series of high-stakes trades, one savvy trader quietly amassed a fortune by consistently taking the opposite side. According to on-chain analytics platform Lookonchain, the wallet identified as 0x2258 netted over $17 million in profits by systematically mirroring and countering Wynn’s moves. […]

Zebec Network (ZBCN) Eyes Further Gains After 440% Surge

Zebec Network (ZBCN) has posted a staggering 440% gain over the last month, positioning itself among the top-performing altcoins in the current market cycle. Despite signs of cooling from momentum indicators, the token remains in bullish territory, underpinned by resilient technical support. While some short-term consolidation may occur, ZBCN retains strong upside potential, particularly if […]

Trump Media Poised to Become One of Bitcoin’s Largest Holders With Massive $2.3B Investment

Trump Media has confirmed the completion of a landmark transaction involving the sale of a significant portion of its stock to finance a Bitcoin acquisition exceeding $2.3 billion. If fully executed, the deal would rank the company among the largest institutional holders of Bitcoin worldwide. The company issued a press release announcing that it had […]

Webus International Unveils $300M Fund to Drive XRP-Powered Global Mobility

In a significant development for the XRP ecosystem, Webus International has announced the launch of a $300 million XRP Integration Fund aimed at revolutionizing international mobility services. This strategic initiative underscores the company’s commitment to leveraging blockchain technology, specifically XRP, to streamline cross-border payments and enhance global travel infrastructure. To achieve this, Webus plans to […]

GameStop Acquired 4,710 Bitcoin as Part of Treasury Strategy Shift

GameStop acquired 4,710 Bitcoin, according to a May 28 announcement posted on X (formerly Twitter), marking a significant step in the company’s renewed push into digital assets. The American video game retailer offered limited details about the purchase; however, the move reinforces its growing interest in crypto as a strategic financial asset. This acquisition comes […]

SPX6900 Crypto Token Soars 350% Since March, But Signs Point to Potential Reversal

The SPX6900 crypto token has been on a remarkable rally since March, emerging as one of the top-performing assets in the digital currency market. On May 29, it hit a new multi-month high of $1.222, its strongest level since January, marking a staggering 350% gain from its March low. With a market cap now exceeding […]

Toncoin Climbs 7.2% Amid Grok AI and Telegram Uncertainty

Toncoin (TON) rose 7.2% this week, weathering volatility triggered by rumors of a Grok AI-Telegram partnership. The rally began after Telegram founder Pavel Durov revealed a tentative one-year deal involving Grok AI.Traders responded with optimism, pushing prices higher. However, Elon Musk quickly denied any signed agreement, causing Toncoin to retreat sharply within 30 minutes.Durov later […]

Airdrop Tokens to Watch: Kadena, HUMA, and SOPH in Early June 2025

Airdrop tokens are making headlines this week as Kadena (KDA), Huma Finance (HUMA), and Sophon (SOPH) experience turbulent price movements following their recent token distributions. Kadena recently launched a campaign via Galxe, offering a $55,000 prize pool to drive engagement. Despite the incentive, KDA has slumped by 14.4% over the past seven days, reflecting cautious […]

Trump’s Approval Ratings Climb to 44% Amid JD Vance’s Attack on Crypto Legal Tactics

U.S. President Donald Trump’s approval ratings have risen to 44%, according to a YouGov/Economist poll conducted between May 23 and 26. The uptick comes as Vice President JD Vance launched a fierce critique of federal efforts to regulate cryptocurrency, pledging to dismantle what he calls “Operation Chokepoint 2.0” and eliminate restrictive red tape surrounding the […]

Pakistan’s Crypto Council Announces Strategic Bitcoin Reserve, Citing U.S. Influence

In a major policy shift, Bilal Bin Saqib, chairman of Pakistan’s Crypto Council, announced plans for a government-backed Bitcoin reserve. The announcement was made on May 28 during his speech at the Bitcoin 2025 conference in Las Vegas, Nevada. Saqib credited the United States as a key influence behind the decision. He said Pakistan is […]

Solana Slips: Could Ethereum Surge to $3,500 Amid Rival’s Retreat?

Ethereum surge to $3,500 could be on the horizon as investor momentum shifts away from Solana, analysts suggest. The second-largest cryptocurrency by market cap is showing signs of renewed strength, buoyed by rising net flows and an increasing stablecoin supply. One market strategist pointed to Ethereum’s potential breakout from a consolidation phase, signaling a possible […]

SEC Postpones Verdict on Grayscale’s Avalanche & Cardano ETFs

The U.S. Securities and Exchange Commission has delayed its decision on Grayscale’s proposed Avalanche and Cardano ETF. The postponement marks another instance in the SEC’s ongoing trend of deferrals, keeping investors in suspense as they await clarity on the future of these crypto-backed exchange-traded funds. SEC Postpones Decision on Grayscale’s Avalanche and Cardano ETF Proposals […]

Russia’s Central Bank Approves Crypto Derivatives for Qualified Investors

In a significant policy shift, Russia’s Central Bank now allows qualified investors to trade financial instruments linked to cryptocurrency performance. This move marks a clear departure from the country’s traditionally cautious stance on digital assets. Financial institutions can now create and offer crypto-linked derivatives, with returns based on cryptocurrency price movements. However, these instruments must […]

3 Underrated Altcoins Set to Explode This June

3 underrated altcoins—GLMPS, GIZA, and VADER—are emerging as potential breakout performers as June approaches, backed by notable on-chain activity and growing investor interest. GLMPS is the native token of Glympse.fun, a SocialFi fantasy game built on the Solana blockchain. It transforms user engagement into tradable digital assets, blending gaming with decentralized finance in a unique […]

Trump Media Launches Bitcoin Treasury Plan After Securing $2.5B Funding Deal

Trump Media & Technology Group has officially confirmed its plan to add Bitcoin (BTC) to its corporate treasury, following earlier unverified reports. The company, backed by former U.S. President Donald Trump, entered a subscription agreement with nearly 50 institutional investors to raise $2.5 billion. Specifically, Trump Media aims to generate $1.5 billion by selling common […]

BlackRock’s Strategic Portfolio Deepens Investment in IBIT Bitcoin ETF

BlackRock is doubling down on digital assets through its IBIT Bitcoin ETF, with its in-house Strategic Income Opportunities Portfolio significantly increasing its stake in the fund. As of March 31, 2025, the $11 trillion asset manager reported holding 2,123,592 shares of IBIT—up from 1,691,143 shares at the end of 2024—bringing the total value of its […]

RWA Altcoins Capture Investor Attention Amid June 2025 Momentum Shift

The RWA (Real World Asset) sector is rapidly gaining steam in June 2025, as investors turn their attention to blockchain projects that bridge digital finance with tangible, off-chain assets. This growing interest in RWA altcoins reflects a broader market shift toward protocols with real utility, regulatory alignment, and institutional support. Three RWA tokens making headlines […]