The cryptocurrency market is reeling from the escalating public feud between US President Donald Trump and Tesla CEO Elon Musk. Total liquidations have surged in the past 24 hours, nearing $1 billion. Furthermore, the overall market capitalization has dropped, with seven of the top 10 cryptocurrencies posting losses today. How Did The Trump-Musk Feud Impact … Read more
The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the … Read more
Dogecoin founder Billy Markus publicly criticized former President Donald Trump’s tariff policies on X, labeling them as “stupid” and sparking widespread debate in the crypto and financial communities. Markus highlighted the complexity and potential economic risks of using tariffs as a blanket solution, emphasizing the unintended consequences on global markets and trade relations. According to … Read more
The US Federal Reserve cutting interest rates earlier than the market expects could drive Bitcoin back up toward $112,000, says a market analyst. “When these two further rate cuts come, if they’re coming a lot sooner than expected, that will then impact heavily on the future price moves or crypto on Bitcoin and some other … Read more
The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is … Read more
Why are so many digital assets suddenly shifting gears—what’s changed? The answer lies in the data: Ethereum’s exchange balances have plunged to seven-year lows, Bitcoin’s supply on platforms has shrunk 30% in just 18 months, and Qubetics ($TICS) now reaches its final presale stage. When capital starts flowing like this, it means something bigger is … Read more
Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a “troubling trend” of laptops and phones owned by popular crypto protocols left unlocked and unguarded on tables at events — as … Read more
XRP is currently testing a critical support level near $2.12 amid a broader market downturn influenced by geopolitical tensions and shifting investor sentiment. Trading volumes for XRP have surged significantly, reflecting heightened market activity and a rotation from long-term holdings to short-term trading strategies. According to COINOTAG, the ongoing Ripple v. SEC legal case remains … Read more
Artificial intelligence is firming up its role in Web3 as the number of AI-powered decentralized applications (DApps) and their active users have grown so far this year, according to DappRadar. AI-backed DApps saw 4.8 million daily unique active wallets over May, representing a 23% growth and showing that they are “steadily establishing themselves within the … Read more
SHIB struggles near key resistance zones as price dips amid rising trading volume Token burn rate climbs 4.19%, yet supply metrics show mixed market sentiment MACD stays neutral while RSI nears oversold, hinting at weak but reactive momentum Shiba Inu (SHIB), a widely followed meme coin in the crypto space, is currently facing increased volatility … Read more