Shiba Inu (SHIB) could retest the $0.00002 level after forming a “rising three methods” pattern. As the bearish momentum weakens, Shiba Inu price may retest this level as early as next week, depicting a 48% rally from its current price. Despite having a bullish technical outlook, Shiba Inu faces headwinds as the broader market sentiment … Read more
Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Bitcoin’s (BTC) failure to rise above $109,588 may have tempted short-term buyers to book profits. That has pulled the price under $104,000 on May 30. … Read more
A $200 million-plus exploit targeting Cetus, a decentralized exchange on the Sui network, has reignited debate over decentralization in blockchain protocols after Sui validators collectively froze $162 million of the stolen funds. Some decentralization advocates called foul, criticizing Sui validators’ ability to pause fund transfers on the blockchain as a sign of centralization. Other investors … Read more
Cetus, a decentralized exchange operating on the Sui Blockchain, has witnessed remarkable community involvement in its recovery efforts following a significant hack on May 22. This breach resulted in the theft of $223 million, prompting validators to freeze the compromised assets. A decisive community poll, which concluded on May 29, resulted in 90% of participants … Read more
As Ripple (XRP) and Cardano (ADA) experience a period of consolidation and price stagnation, investors are increasingly searching for the best altcoin to buy that offers fresh growth potential. While XRP and ADA remain strong coins with strong upside, the DeFi market and projects are reshaping where smart money flows. As the crypto fear and … Read more
Miley Cyrus’s Something Beautiful debuts at No. 2 on iTunes in the U.S., landing the top-selling new … More release behind Morgan Wallen’s reigning leader. TOPSHOT – US singer-songwriter Miley Cyrus performs on stage during the 66th Annual Grammy Awards at the Crypto.com Arena in Los Angeles on February 4, 2024. (Photo by Valerie Macon … Read more
The Pound Sterling rebounds to near 1.3475 against the US Dollar after Trump stated that China has violated trade agreement. A US federal appeals court temporarily puts on hold a lower court’s ruling against Trump’s tariffs. The US PCE inflation data for Apri has shown that inflationary pressures grew moderately. The Pound Sterling (GBP) claws … Read more
Trump Media raises $2.32 billion, accelerating its push into the bitcoin space with plans to establish a massive bitcoin treasury, solidifying its position among top public holders. Trump Media Secures $2.32B for Bitcoin Strategy Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced on May 30 the successful completion of a significant private … Read more
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The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a Philippines-based company accused of facilitating a popular crypto investment scam. In a statement, the Treasury Department says that Funnull Technology Inc. is facing US sanctions for allegedly providing computer infrastructure to hundreds of thousands of websites engaged in pig butchering … Read more