SHIB broke out of a descending channel while Open Interest surged 130%. Whale Netflows dropped 116.67% over seven days, indicating reduced activity or caution among large holders. Shiba Inu [SHIB] ignited fresh excitement in the market after its 24-hour burn rate soared by an eye-popping 8925.23%. Such a move reflects the SHIB community’s intensified effort to … Read more
A new research report by River reveals that nearly 50 million Americans, or 14.3% of the population, own bitcoin, the highest ownership rate of any geographical region. Additionally, the report highlights that 32 American public companies, with a combined market capitalization of $1.26 trillion, hold bitcoin as a treasury asset. Bitcoin Ownership Demographics and Corporate … Read more
Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% … Read more
Dogecoin has seen its daily large transaction volume surge massively by 41.12%, with whales actively moving large amounts of tokens, according to data from IntoTheBlock. DOGE whales in action The data shows that a total of 60.9 billion DOGE worth about $23.35 billion have been moved by DOGE large transaction holders over the last 24 hours. … Read more
The crypto market’s elite assets are showing remarkable strength as Bitcoin flirts with all-time highs and Ethereum capitalizes on its breakthrough upgrade. Meanwhile, BitLemons ($BLEM) has quietly amassed over $2M in presale funding as savvy investors position themselves for potentially staggering returns in the GambleFi sector. While established coins continue their upward trajectory, $BLEM’s unique … Read more
An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist’s $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling an Uber to take … Read more
Key Points: Representative Maxine Waters proposed legislation targeting political figures’ digital asset holdings. The TRUMP Act aims to restrict potential undue influence involving politically-linked crypto assets. Political crypto involvement, such as President Trump’s association with TRUMP coin, draws regulatory attention. The U.S. Democratic leader, Representative Maxine Waters, introduced the “Stop Trading, Retention, and Unfair Market … Read more
Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry. According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and … Read more
Markets are flashing warning signs as long-term U.S. Treasury yields spike, bond auctions falter, and prediction markets show rising odds of economic trouble ahead. Treasury Market Signals Mounting Fiscal Anxiety The 30-year U.S. Treasury bond yield surged to 5.18% on Thursday—its highest point since 2023—before easing slightly later in the session. The benchmark 10-year yield … Read more
XRP traded at $2.43 today with a market capitalization of $142 billion and a 24-hour trading volume of $3.754 billion. The intraday price range fluctuated between $2.35 and $2.45, positioning the asset near local highs and prompting close attention from technical analysts. XRP Short-term chart analysis of the 1-hour timeframe reveals XRP is currently undergoing … Read more