Bitcoin is facing a tough battle at a critical resistance zone following a sharp correction. With weakening volume and a bearish retest in play, lower prices could be on the horizon. In the past 24 hours, Bitcoin (BTC) has seen a notable correction that has shifted the local market structure. After breaking below key levels,…
A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government…
AAVE price staged a sharp intraday rebound from the $240 level amid whale accumulation, but fading momentum indicators suggest the recovery may face headwinds unless key support holds. Aave (AAVE) price saw a strong rebound today, bouncing off the key $240 support level after a sharp drop from $264 yesterday. The move appears to be…
Japanese Bitcoin Treasury firm Metaplanet aims to own at least 210,000 BTC in the next two years, a meteoric leap from its current 8,888 BTC holdings. In a recent post published on June 6, the Japanese investment firm unveiled its latest plan to acquire more BTC (BTC) for its Saylor-inspired Bitcoin strategy. Now, the Tokyo-based…
Pudgy Penguins has launched Pudgy Records, a new music label initiative, as its PENGU memecoin shows early signs of a potential breakout. Pudgy Penguins (PENGU) has launched Pudgy Records, a new community-driven music label aimed at expanding the brand’s cultural reach through music. Spearheaded by @danthelostboy, the voice behind the original Pudgy Penguins theme song,…
Ethereum plummets near the $2,400 mark as the Donald Trump and Elon Musk’s fallout rocks the crypto market as more major tokens get dragged down. According to data from crypto.news, the Ethereum price has dropped nearly 6% in the past 24 hours of trading. The second-largest token by market cap has been seeing red in…
United States authorities have launched a forfeiture action to seize millions in crypto funneled to North Korea through a global network of fake IT workers embedded in blockchain firms. According to a June 5 statement from the U.S. Department of Justice (DOJ), the agency is seeking to confiscate over $7.74 million in digital assets allegedly…
Ripple is making strides in the lawsuit brought by the U.S. Securities and Exchange Commission, the RLUSD stablecoin has noted adoption and the firm’s partnerships are driving utility for XRP through the XRPLedger in 2025. XRP’s latest boost comes from two institutional giants’ interest in buying XRP and holding it as a treasury asset. XRP…
The Hong Kong Special Administrative Region Government announced that it will start implementing its landmark Stablecoin Ordinance in August this year. According to the official notice, the region’s stablecoin regulations will come into effect starting on August 1, 2025. Once it is formally implemented, businesses would need to obtain licenses in order to issue stablecoins…
FARTCOIN has bounced back from its recent slump, driven by renewed investor enthusiasm ahead of a potential Coinbase listing. According to data from crypto.news, Fartcoin (FARTCOIN) rose 23% to hit an intraday high of $1.07 on June 6 before slightly cooling to $1.04 during the morning Asian session. The token is now up 372% from…
