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During the early Asian session, Bitcoin is trading around $104,800, gaining nearly 2.50% in 24 hours, despite stronger-than-expected U.S. job data tempering rate cut hopes.

The U.S. added 139,000 jobs in May, beating the forecast of 125,000, which suggests the economy remains resilient and gives the Federal Reserve less reason to ease monetary policy.

Despite that, former President Donald Trump continued his push for looser policy. Shifting focus from Elon Musk to Fed Chair Jerome Powell, Trump called for a full 1% rate cut, which he claimed would act as “rocket fuel” for the economy. The Fed, however, is unlikely to act before September.

BREAKING: Trump Demands Immediate 1% Rate Cut from Fed

"Despite the obstruction by Powell, our country is doing great. Just cut the rate by one percentage point — rocket fuel!"

The crypto market isn’t pricing in a rate cut — But if it comes this month, BTC could explode past… pic.twitter.com/8xY6SpKxZC

— Crypto Decode (@TheCryptoDecode) June 6, 2025

Altcoins had mixed reactions:

Ethereum dropped 5.5%

Dogecoin fell 6.4%

XRP and Solana saw milder declines

For Bitcoin, some traders warn of a “liquidity trap” with heavy long positions between $99,000 and $102,000, which could trigger a sharp pullback if bulls don’t follow through.

Strong jobs report lifts markets, but Trump-Musk drama still simmers…

—The economy added 139K jobs in May, beating forecasts.
—Bitcoin popped above $105K before retreating slightly.
—Trump vs. Musk beef rocked Tesla yesterday (14% decline), but the stock is now up 5%.

Will…

— Bitcoin.com News (@BTCTN) June 6, 2025

Metaplanet Doubles Down on Bitcoin Strategy

Japan’s Metaplanet, dubbed the nation’s “Bitcoin strategy arm”, has updated its roadmap, setting a new goal to hold 100,000 BTC by the end of 2026. That’s a dramatic leap from its original 21,000 BTC target. To fund the expansion, the firm will issue up to 555 million new shares, raising $5.4 billion, according to CEO Simon Gerovich.

JAPANESE MICROSTRATEGY RAISING $5.4 BILLION TO BUY $BTC

Metaplanet have stated they want to own 210,000 Bitcoin by 2027. That’s 1% of Bitcoin’s maximum supply.

They currently hold 8,888 BTC ($932M) pic.twitter.com/pb43vGOvkb

— Arkham (@arkham) June 6, 2025

Gerovich believes that rising global uncertainty is prompting investors to shift away from bonds and toward inflation-resistant assets, such as gold and Bitcoin. The company’s stretch goal? Holding 210,000 BTC by 2027, equivalent to 1% of Bitcoin’s total supply.

Such long-term commitment could significantly tighten supply and increase institutional FOMO, fueling upward pressure on BTC prices.

Bitcoin Chart Eyes Breakout; Institutions Show Up

Bitcoin’s recent bounce from $100,519 has formed higher lows and is now approaching a key descending trendline. BTC sits just above the 50-period EMA on the 2-hour chart, with the MACD showing a bullish crossover, a sign that momentum is building.

Bitcoin Price Chart – Source: Tradingview

The key resistance range lies between $105,000 and $106,300, where horizontal resistance intersects with the trendline. Bitcoin price prediction may turn bullish upon a breakout above this level; the next upside target is $107,600.

Meanwhile, MicroStrategy founder Michael Saylor has also returned to the buying table. His firm is launching a $1 billion stock offering to expand its Bitcoin holdings, following an initial raise of four times its target of $250 million. With BTC near $104K, that capital could translate to nearly 9,600 BTC.

Trade Idea:

Entry: Above $105,200

Target: $106,750–$107,600

Stop-Loss: $103,900

Confirmation: Watch for bullish engulfing candles or a break of the trendline

If this level gives way, it could mark the start of Bitcoin’s next leg higher, powered not just by hype, but by institutions and nations placing large bets.

Bitcoin Hyper Presale Hits $552K—Layer 2 Just Got a Meme-Sized Upgrade

Bitcoin Hyper ($HYPER) is taking off as the first Bitcoin-native Layer 2, combining speed, scalability, and meme culture. Built to fix Bitcoin’s most significant flaws—slow transactions and high fees—it leverages the Solana Virtual Machine (SVM) to bring fast, low-cost smart contracts to the BTC ecosystem.

With over $552,000 already raised, early adopters are betting big on its blend of tech innovation and meme appeal.

Core Features That Set It Apart

What makes Bitcoin Hyper different? It’s the only Bitcoin-based Layer 2 that combines the speed of SVM with the security of BTC’s base layer. The Canonical Bridge allows seamless BTC transfers, while low-cost gas fees and high-speed execution empower dApps, meme coins, payments, and more. Audited by Consult, it’s built for speed, trust, and scale.

Staking Rewards and Utility

$HYPER isn’t just a token; it powers the ecosystem. Users can stake it for high APY rewards post-launch, use it for gas fees, and access premium decentralized applications (dApps). Plus, active holders can earn bonuses via governance and early adoption initiatives. That’s real utility in a meme-capable package.

Presale Now Live—Don’t Miss the Price Jump

The public presale is now live, with 1 $HYPER priced at $0.011775. Over 90% of the funding goal has already been raised. Early buyers lock in the price at this stage before the next tier is introduced. Buy with crypto or card, no wallet? No problem. Web3Payments is integrated for a seamless checkout e

The post Bitcoin Price Prediction: Can Strong Demand Push BTC Beyond $107K This Week? appeared first on Cryptonews.

Dogecoin’s once-upbeat trading crowd has been blindsided by an unlikely catalyst: an increasingly personal clash between two of the token’s highest-profile enthusiasts, Elon Musk and U.S. President Donald Trump.

Such an obvious lie. So sad. https://t.co/sOu9vqMVfX

— Elon Musk (@elonmusk) June 5, 2025

As their barbs ricocheted across X and Truth Social in recent days, fresh regulatory and political worries surfaced, draining risk appetite and pushing the DOGE price more than 10% lower to an intraday trough near $0.17.

With a jump in 24-hour turnover to about $1.63 billion, that slide has cut Dogecoin’s market share to 0.83% of total crypto value, its weakest dominance reading in two months.

Musk-Trump Feud Saps Meme-Coin Morale

The feud mushroomed over just three days. Tensions flared Tuesday when Musk publicly branded Trump’s signature “big, beautiful” tax-and-spending package a “disgusting abomination,” stunning Republican allies.

I’m sorry, but I just can’t stand it anymore.

This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.

Shame on those who voted for it: you know you did wrong. You know it.

— Elon Musk (@elonmusk) June 3, 2025

By Thursday, the billionaire had dredged up years-old GOP warnings from Trump about ballooning deficits, prompting Trump to threaten Musk with losing his lucrative federal contracts for SpaceX and Tesla.

Allies on both sides piled in through Friday, amplifying the spat and highlighting how quickly a long-standing alliance (Musk was an Oval Office regular only weeks ago) can curdle when big-ticket legislation is at stake.

DOGE Price On-Chain and Market Data Point to Waning Confidence

Blockchain analytics show a sharp uptick in coins moving from long-term wallets to exchanges, echoing the bearish narrative in derivatives desks where funding rates have drifted negative.

Four-hour Bollinger Bands confirm heightened volatility: the DOGE price kissed the lower band at $0.17 on heavy volume before clawing back toward the midline.

Meanwhile, the Relative Strength Index sank into oversold territory last week and now hovers at 39.7—a tentative uptick that hints at bargain hunting but falls short of signaling a decisive reversal.

Technical Picture: DOGE Price Support Holds but Resistance Looms

Technically, Dogecoin continues to build a fragile base on the $0.1670 to $0.1700 horizontal support level after retracing roughly 35 % from its early-May peak.

Today’s rebound left spot at $0.179, yet the token still trades beneath a formidable confluence zone at $0.1797 to $0.1850, which aligns with the Fib 0.618 retracement and a stack of bearish moving averages: a 20-day EMA at $0.2016, 50-day at $0.2069, and 100-day at $0.2011.

Unless the DOGE price can close a daily candle above the 20-day EMA, rallies will likely be dismissed as dead-cat bounces rather than a bona fide trend change. Failure to conquer that ceiling would refocus attention on the springboard support.

A sustained break below $0.1670 would expose the Fib 0.786 level at $0.1576, with little chart structure until the early-April swing low around $0.13, an air pocket that could see another 30% shaved off the DOGE price if bearish momentum accelerates.

What Could Drive Dogecoin’s Next Move

In the immediate term, sentiment headlines may matter as much as candlesticks.

A public reconciliation between Musk and Trump, or even a fresh meme-worthy endorsement tweet, could reignite retail appetite and push the DOGE price through $0.1850, opening the way toward $0.20 and the clustered 20 to 100-day EMAs.

Conversely, any escalation in the feud, fresh regulatory chatter, or broader risk-off moves in crypto could see sellers test dip-buyers’ patience yet again. For now, Dogecoin sits on a knife-edge: fundamentals lean bearish while momentum oscillators hint at recovery potential.

Traders with a short time frame may scalp long positions toward $0.1850, but given the precarious backdrop, tight stops below $0.1700 are essential. Swing traders might instead await a daily close above $0.20 to confirm trend reversal, or look to accumulate only if the DOGE price washes out toward $0.1576, where risk-reward improves dramatically.

Until one of those decisive signals emerges, patience or strictly defined risk appears to be the most prudent course.

The post Dogecoin Price Prediction: DOGE Price Hangs on to Key Support as Musk-Trump Clash Drains Market Optimism appeared first on Cryptonews.

Early Friday, X confirmed that crypto prediction market Polymarket will serve as its official prediction-market partner, an arrangement that marries real-time betting probabilities with the constant flow of posts across X.

The deal arrives after Polymarket processed more than US$8 billion in wagers last year, even while blocking U.S. users, and aligns with Elon Musk’s long-stated belief that crowd forecasts often outshine traditional polls.

X-Polymarket alliance brings prediction markets into social media

The leading prediction market platform Polymarket has announced a partnership (https://t.co/JUzBaMx9tL) with Elon Musk’s company xAI, which, in addition to AI development, is also behind the social network X.… pic.twitter.com/DkE09LB388

— Traders Union (@TradersUnion_TU) June 6, 2025

Kalshi Misfire Leaves X Searching for a Prediction-Market Partner

X’s first foray into event-wagering data began—and ended—with Kalshi. Late in May, the regulated U.S. exchange issued a press release trumpeting an alliance with Musk’s platform. Bloomberg reported that within hours, the notice vanished, and Kalshi confirmed the deal had been “rolled back.”

The reversal also hinted at friction between Kalshi’s strictly regulated model and X’s global ambitions.

Key moments that derailed the initial plan:

Kalshi’s announcement caught industry observers off-guard, coming without the usual social-media fanfare from Musk or X’s corporate accounts.

Compliance hurdles loomed large: Kalshi’s contracts require Commodity Futures Trading Commission oversight, a framework that would have limited the breadth of markets visible on X.

By day’s end, both companies had scrubbed references to the arrangement, indicating a clean break rather than a delay.

Polymarket Steps In: A Better Fit for Elon Musk’s X Vision

Just weeks later, X shifted toward the crypto sphere, naming Polymarket its official prediction-market partner.

The shift aligned with Musk’s preference for decentralized solutions that can scale internationally without traditional brokerage constraints. Unlike Kalshi, Polymarket already runs on blockchain rails and caters largely to non-U.S. bettors, easing many of the jurisdictional headaches that torpedoed the previous attempt.

Shayne Coplan, Polymarket’s chief executive, marked the announcement with an energetic post.

Proud to announce @Polymarket’s partnership with @X and @xai as their Official Prediction Market Partner. The two top truth seeking apps on the internet are stronger together.

Welcome to News 2.0.

Stay tuned https://t.co/P6Xd7yKlmt

— Shayne Coplan (@shayne_coplan) June 6, 2025

The official X account echoed the sentiment hours later. Curiously, Musk himself stayed silent, letting the companies’ statements speak for him, a contrast to his usual hands-on approach but one that showed confidence in the market-driven product.

Polymarket Odds, Front-and-Center on X

X plans to weave Polymarket probabilities directly into the social feed, turning fast-moving conversations into a live dashboard of crowd sentiment. Instead of leaving for a separate site, users will see a small odds widget pinned beneath trending posts, updating in real time.

When a hot topic (e.g. an election, a sports final, or a Federal Reserve rate decision) surges on the timeline, the overlay will surface the latest numbers from the crypto prediction market and link to the full contract on Polymarket for those outside restricted jurisdictions.

What users can expect at launch:

Compact probability bar appearing under tweets that match an active Polymarket contract.

Hover or tap to reveal a short description, current implied odds, and 24-hour movement.

One-click handoff to the Polymarket interface for deeper charts (geofenced for U.S. users).

Ability to follow a contract, adding real-time alerts to the X notification pane.

Grok Turns Raw Numbers Into Readable Insights

X will also lean on X’s AI Grok to decode swings in the market.

Grok will scan fresh posts, on-chain trade flows, and historical data to draft one-line summaries to help readers understand why a contract moved without sifting through thousands of comments: “Odds for a June rate hike slipped three points after Powell’s press conference,” for instance.

Key layers in the explanatory stack:

Context ranking: Grok shows the top three driver tweets influencing a contract’s change.

Sentiment link-out: A quick tap opens an AI-generated timeline of relevant discussions and charts.

Market health check: Color-coded indicators warn of thin liquidity or whale-sized trades that might skew probabilities.

Future expansion: X engineers hint at letting verified experts pin rebuttals or alternative interpretations, adding editorial balance without dulling the data-first approach.

X and Polymarket: Rethinking How to Gauge the Market

By threading Polymarket’s live probabilities into every corner of the timeline, X is betting that data-driven foresight will become as habitual as scrolling a feed. If the experiment succeeds, users may soon weigh a politician’s promise or a company’s earnings hint against an instantly updated crowd forecast.

Yet the stakes run deeper than a slick new widget.

X must manage hard regulatory lines and ethical gray zones, proving it can spotlight prediction data without morphing into an unlicensed betting house or amplifying manipulative whale trades. Whether the platform threads that needle will determine if this partnership becomes a fixture of daily discourse or a cautionary tale.

The post Elon Musk’s X and Polymarket Deal Pushes Onchain Prediction Markets Into Global Social Feeds appeared first on Cryptonews.

U.S. President Donald Trump has amassed an estimated $1 billion from his ventures in cryptocurrency in just nine months, a June 5 report from Forbes reveals.

Trump Brings In A Digital Fortune

According to Forbes’ calculations published in the report on Thursday, Trump has made $1 billion since just before the election, lifting his net worth to $5.6 billion.

Donald Trump is cashing in on crypto. Over the last nine months, beginning slightly before the election, he has stirred up new ventures, new coins, new noise. All of it makes the president money, but how much? (Photo: Jamel Toppin for Forbes) https://t.co/eJWOWiwM8M pic.twitter.com/XsBFINCpa0

— Forbes (@Forbes) June 6, 2025

The media outlet alleges Trump holds $900 million worth of liquid assets, with nearly half of that amount stemming from his crypto pursuits.

The article claims Trump profited over $390 million pre-tax from the sale of his affiliated crypto platform World Liberty Financial’s native tokens.

The current sitting president is also reported to have brought in $315 million from his $TRUMP memecoin and $427 million from his memecoin stash.

Lastly, Trump is estimated to have up to $60 million worth of World Liberty Financial’s new stablecoin, USD1.

In total, Forbes alleges that Trump has brought in $1.2 billion from his foray into the world of digital assets, with a post-tax estimate of $935 million.

Controversy Swirls Around Donald Trump-Linked Crypto Ventures

News of Trump’s reported crypto earnings come just weeks after hosted the top 220 investors of his $TRUMP memecoin at his namesake golf club just outside of Washington D.C. on May 22.

Tron founder Justin Sun was also in attendance as the top holder of $TRUMP, with a wallet listed as Sun having held $18 million worth of $TRUMP coins ahead of the dinner.

Sun, who previously invested $75 million in the Trump-affiliated crypto platform World Liberty Financial, has now given $93 million to Trump-oriented crypto ventures.

Critics argue that the gala dinner and Trump’s crypto ventures at large may prove unethical due to foreign influence and bribery concerns.

Ethical or not, one thing remains clear: Trump’s ties to the blockchain sector are extremely profitable.

The post Donald Trump Amasses $1 Billion From Crypto In Just 9 Months: Forbes appeared first on Cryptonews.

Crypto price optimism is hitting record highs following Bitcoin’s recent rally, which saw it hit a new all-time high (ATH) just two weeks prior. At the same time, several top meme coins—Pepe, Trump, SPX6900, and FartCoin among them—have each reached record highs within the last six months.

Investor optimism is clearly on the rise, propelling digital asset values higher. Historically, cryptocurrencies backed by robust fundamentals tend to ignite broad market upswings, supported by dedicated communities, institutional interest, and active development teams.

In this context, let’s explore several prominent cryptos that analysts believe could set new all-time highs (ATHs) during the current bullish trend.

Bitcoin ($BTC): The World’s Biggest Crypto Is Likely to Set Many Price ATHs Before New Year

Bitcoin ($BTC) needs no introduction. The world’s biggest crypto recently hit a new price high at $111,814 on May 2 and many believe it could set several new all-time highs on its way to $150K by the end of the year, but these will be contingent on a favourable political climate.

See, Bitcoin is crypto’s flagship coin. This means that anyone who believes in crypto’s future is likely to want to add some Bitcoin to their portfolio. The $2 trillion market cap digital gold is virtually single handedly holding up crypto’s $3.38 trillion market.

In the last 24 hours, Bitcoin is up 0.3% to trade at $104,292 as it reverses course from a pullback down 6.9% from its ATH.

This puts it in spitting distance of setting a new high watermark and even hitting $150,000, but this will need to be helped along by positive macro developments.

Recent falling US inflation rates bode well for crypto on the whole, and the possibility of the pro-crypto Trump administration delivering on a US Strategic Bitcoin Reserve and comprehensive legislation before the year is out could drive Bitcoin to its next big milestone, while simultaneously pulling up the wider industry too.

Solana ($SOL): DeFi Titan Riding Institutional Tailwinds

Solana ($SOL) continues to distinguish itself within the DeFi ecosystem, lauded for its sophisticated smart contracts, rapid transaction speeds and ultra-low fees. With a current valuation of $81.35 billion, it has cemented itself as a formidable challenger to Ethereum in the DeFi sector.

There is mounting chatter that U.S. regulatory authorities may soon approve spot ETFs tied to Solana, following in the footsteps of similar approvals for Bitcoin and Ethereum. Such a development could bolster SOL’s appeal to institutional investors.

President Donald Trump has also floated the idea of including Solana in a proposed U.S. Strategic Crypto Reserve, although acquisition would be through asset seizures rather than direct purchase.

Solana recently rebounded after sliding from highs above $250 in January to just over $100 in February. It has since broken above a descending trend channel and now trades at $152.76—up 1% in the last 24 hours—mirroring Bitcoin’s brief correction and rebound.

Analysts now anticipate that if SOL breaches resistance at $200 and $250, it could push toward the $300 mark before the summer concludes.

Ripple (XRP): Could Ripple’s Cross-Border Payment Token Reach New Heights?

Ripple’s XRP token remains a key player in bridging blockchain and traditional finance, particularly for international money transfers.

Renowned for facilitating fast and affordable cross-border transactions, XRP has gained attention from major global entities like the United Nations, which sees it as a useful tool for compliant and efficient financial systems.

A longstanding legal standoff between Ripple and the SEC reached a key moment in 2023, when a court determined that XRP’s retail transactions do not constitute securities. This verdict brought much-needed clarity and sparked renewed investor interest.

Over the past year, XRP has outpaced Bitcoin in growth, posting a 314% gain compared to Bitcoin’s 46.5% increase.

Technical indicators suggest XRP may be approaching a breakout from a bullish flag pattern that has been forming between November and April, a pattern typically indicating upward momentum.

If the breakout occurs, XRP could challenge the $3.50 level this summer, potentially surpassing its previous all-time high of $3.40 set on January 7, 2018.

SUBBD ($SUBBD): Innovative AI-Creator Crypto in Fixed Price Early-Stage Presale

Beyond blue-chip assets, savvy investors are eyeing early-stage projects with high growth potential. Token presales offer a prime opportunity to get in before mainstream adoption.

One such promising initiative is SUBBD ($SUBBD), which seeks to revolutionize the $85 billion creator economy by fusing artificial intelligence with decentralized blockchain infrastructure.

The project’s primary goal is to empower content creators with greater earnings potential, increased control over their work, and reduced reliance on tech giants that typically claim large commission cuts.

By facilitating direct interaction between creators and their audiences, SUBBD introduces a more equitable and transparent monetization framework.

So far, the project has raised over $615,000 in early funding. The tokens are available in presale at $0.05575 each.

Investors gain access to a members-only ecosystem that includes exclusive content, early access features, and various perks. Staking options are also available through the SUBBD platform, offering a fixed annual return of 20%—a compelling incentive for early backers.

Follow SUBBD on X or Telegram, or visit the SUBBD website for more information.

The post Crypto Price Prediction Today 6 June – Bitcoin, Solana, XRP appeared first on Cryptonews.

It’s been a wild run, and now the window is almost closed. Solaxy ($SOLX) has raised over $44.8 million, and with just 10 days remaining, this is the final chance to get in before possible top-tier exchange listings.

As Solana’s ($SOL) first Layer-2, Solaxy isn’t just another upgrade – it’s the backup engine the chain needs to scale. By handling overflow from the base layer, Solaxy makes Solana more dependable across high-demand sectors like meme coins, gaming, and DeFi.

And the timing couldn’t be better. While Elon and Trump were heating up for what would be a volcanic eruption, institutional capital has been flooding into Solana.

Over $1 billion in new Solana exposure was just announced through securities offerings and liquid staking strategies. While $SOL hasn’t reclaimed its all-time high yet, smart money is positioning ahead of the next wave.

If you believe Solana’s next surge is coming, Solaxy is how it scales to meet it. Tokens are still priced at $0.0011746, increasing every two days until the presale ends.

Missed $SOL when it was cheap? $SOLX might be your second shot.

Institutional Moves Signal Solana’s Next Breakout – And Solaxy’s Timing Couldn’t Be Better

Confidence among major players in Solana is accelerating. One of the newest to enter the arena is SOL Strategies, a Canada-listed firm that just filed to raise as much as $1 billion in equity and debt to deepen its Solana exposure.

This follows a $500 million convertible note raise, with the first $20 million already used to purchase 122,000 $SOL tokens.

SOL Strategies has filed a preliminary base shelf prospectus, allowing for up to $1B USD in potential financings.

This filing increases our flexibility to move decisively as strategic opportunities emerge across the Solana ecosystem.

In blockchain, timing matters. Our goal is… pic.twitter.com/piBw3R22SF

— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) May 27, 2025

Meanwhile, DeFi Development Corp became the first public company to invest in Solana-based liquid staking tokens (LSTs). Using Sanctum’s infrastructure, they launched dfdvSOL, allowing users to stake $SOL while keeping it liquid for DeFi participation.

Even more bullish: Solana ETF filings are now awaiting approval, setting the stage for a broader institutional influx.

All signs point to Solana gearing up for a major cycle. And this time, it has Solaxy to handle the surge in activity – a scaling solution ready when it’s needed.

Solaxy: Scaling Solana From the Inside Out

Solaxy was built to extend Solana’s capabilities – not by replacing anything, but by offloading network pressure and enabling faster, cheaper transactions. It’s the first Layer-2 engineered for the ecosystem’s most demanding use cases: meme coin trading, real-time gaming, and high-frequency DeFi.

At the core is roll-up bundling, compressing thousands of transactions into fewer submissions, cutting costs, and improving efficiency. A modular architecture allows parallel processing so transactions don’t get stuck in queues.

It also features off-chain enhanced logic, letting complex computations like swap engines and prediction models run off-chain and anchor results back on-chain, maximizing performance while preserving security and finality.

Now, that infrastructure is live on testnet.

The Solaxy Testnet lets users explore what the network can do. You can:

Bridge SOL from Solana Devnet via bridge.solaxy.io

Deploy contracts using Solana’s native toolchain

Transfer assets across the rollup

Track activity through the Solaxy Explorer

Hey Solaxy Community it’s here.

The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first Layer 2 and experience the speed, scale, and simplicity Solaxy brings.

Connect via Backpack Wallet:https://t.co/FBrV3FohC8

You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx

— SOLAXY (@SOLAXYTOKEN) June 2, 2025

The Igniter Protocol and DEX trading are coming soon, but the core engine is already running. This is no longer a theory. Solaxy is real, functional, and ready to scale what’s next.

How Far Can Solaxy Go? Look at What Arbitrum Did for Ethereum

For a glimpse of what Solaxy could become, look at what Layer-2s like Arbitrum ($ARB), Optimism ($OP), and Base did for Ethereum. Arbitrum alone reached a $1.5 billion market cap post-launch, and that was in a crowded L2 field.

Solana has never had a Layer-2 like this – until now.

Solaxy is arriving before Solana hits its next all-time high. That’s fortuitous positioning. With $44.8 million already raised, even a fraction of the growth Arbitrum experienced could translate to 10x to 50x upside – especially as institutional capital continues to flow in.

For early contributors, this isn’t just about Solaxy. It’s about Solana finally scaling the way it was always meant to – with Solaxy leading the charge.

How to Join the Solaxy Presale Before Time Runs Out

To get in, just head over to the Solaxy website, connect a supported wallet, and buy $SOLX at the current rate before the price increases. Once purchased, tokens can be staked immediately, with the protocol currently offering a dynamic 90% APY, adjusting based on pool activity.

For the best experience, use Best Wallet, the recommended self-custody option with full presale integration and multichain support.

Stay in the loop by joining the Solaxy community on Telegram and X.

The countdown is on.

The post Elon Explodes But Solaxy’s About to Detonate – $44.8M Raised, 10 Days Left to Get in Before CEX Surge appeared first on Cryptonews.

Bitcoin is about to get a revolutionary scaling makeover by a new crypto project, Bitcoin Hyper ($HYPER), as it raises $550,000, with $200,000 of that in the past 24 hours alone.

Deploying the power of the Solana Virtual Machine (SVM), Bitcoin Hyper Layer 2 enables high-speed sub-second transactions in the Bitcoin ecosystem, plus super-low gas fees.

The $HYPER token sells for $0.011775, but that price will increase in less than 24 hours, so prospective buyers have no time to lose if they want to lock in the lowest prices.

Staking rewards of 1,321% per annum are also up for grabs at the time of writing, but that yield is dynamic, so it adjusts as more tokens are staked into the smart contract – another reason to make your move.

Musk vs Trump bust-up doesn’t slow down Hyper

Even though Bitcoin dipped in the past 12 hours or so, as Elon Musk and Donald Trump fought it out on social media, Bitcoin Hyper fundraising powered through it all.

Market sentiment was further strained after members of the Trump family issued a cease-and-desist letter against Fight Fight Fight, the corporate entity behind the $TRUMP meme coin.

The fact that Hyper took all of this noise in its stride is a testament to the strength of its business narrative.

With the current run-rate trend likely to continue, if not accelerate, it won’t be too long before Hyper raises its first million. Anticipation is growing about the possibilities the technology holds for opening up Bitcoin to dApps, DeFi, meme coins, and much more.

HYPER brings speed, dApps, and meme coins to the Bitcoin ecosystem.

Welcome to the biggest glow up in crypto history. pic.twitter.com/hus9lH1MU7

— Bitcoin Hyper (@BTC_Hyper2) June 5, 2025

Bitcoin Hyper is bringing meme coins and dApps to the Bitcoin ecosystem

The Bitcoin Hyper Layer 2 uses the proven speed and stability of the Solana Virtual Machine to scale the Bitcoin network. Solana has transaction speeds in excess of 2,000 transactions per second (tps), while the Bitcoin network can only manage a far more pedestrian 7 tps.

With its transformative technology in play, Bitcoin Hyper becomes the new execution layer for Bitcoin. But Bitcoin Hyper is not stopping at Solana.

Bitcoin Hyper’s cross-chain interoperability also helps to solve a wider problem crypto has to contend with, by making it easier to move between competing blockchains.

With the Hyper Layer 2 on hand, Bitcoin is finally able to become not just a far more usable payment system but also the home of decentralized products of all kinds, including meme coin launches.

No longer will the Bitcoin community be on the sidelines looking in at the explosive growth of Solana, for instance, as its super-fast and cheap network gobbled up the opportunities presented in the meme coin trading frenzy. Thanks to Bitcoin Hyper’s technology, it is now Bitcoin’s time to join the party.

Bitcoin Hyper is the launchpad for the next wave of Bitcoin-native dApps

Bitcoin Hyper is designed with builders, degens, and the broader crypto community in mind. As such it is the ideal platform for the next wave of Bitcoin-native apps of all kinds, from DAOs to tokenized real-world assets.

The $HYPER token powers the network, unleashing everything from transactions to staking and governance.

Presale buyers get priority access to staking, airdrops, token launches, and governance, so if you buy and hold $HYPER today, you will have a stake in Bitcoin’s future.

Of course, Bitcoin is already a successful monetary base, but with Bitcoin Hyper, it becomes much more than that. Bitcoin is the most secure computer network in the world, and now, with Hyper Layer 2, its full potential to be one of the foremost disruptors of the digital age can be brought to fruition.

Bitcoin Hyper is Bitcoin for the people, the degens, and the culture.

The results are in…

The $HYPER Staking Rewards are supercharged! https://t.co/VNG0P4FWNQ pic.twitter.com/86fxEcvq1J

— Bitcoin Hyper (@BTC_Hyper2) May 30, 2025

Technology that works is now being applied to open up Bitcoin for builders

There are four main parts to the Bitcoin Hyper tech stack. First, there is the ‘bridge in’ when users deposit Bitcoin to a locking address where the same amount of BTC is minted on the Bitcoin Hyper Layer 2, all as part of a fully secure trustless process.

On Layer 2, users can send BTC instantly, stake, trade, and interact with DeFi and other decentralized products. All of this takes place at lightning-fast speed for near-zero gas fees, and it is powered by Solana.

Settlement of transactions is bundled up using so-called zero-knowledge proof technology, which has been tried and tested over many years.

At regular intervals, Bitcoin Hyper commits the Layer 2 state back to Bitcoin Layer 1. This maintains security, and transactions are securely synced with Bitcoin itself.

Lastly, when you want to use your BTC back on the Bitcoin Layer 1, you use the ‘bridge out’ by requesting a withdrawal. Bitcoin Hyper checks everything is in order, then unlocks your BTC for use on the Bitcoin Layer 1, again all carried out securely and verifiably.

Elon

Here’s how to contribute to the Bitcoin Hyper presale

To purchase $HYPER, connect your wallet (Best Wallet is recommended) and pay with ETH, USDT, BNB, or a credit card.

Hyper is fully audited by Coinsult, so you can purchase your tokens with confidence.

Using Best Wallet provides the best user experience for $HYPER buyers because of its superior presale token management approach.

Also worth mentioning is Best Wallet’s innovative Upcoming Tokens section of its app, where carefully selected promising assets likely to outperform can be bought before they are listed on crypto exchanges.

The Bitcoin Hyper community is growing fast on Telegram and X, so join today to keep up with all the latest project news.

The post Elon Musk vs Trump Bust-up Roils Market, But Bitcoin Hyper Still Raises $500k For its Scaling Revolution  appeared first on Cryptonews.

Anthropic’s cutting-edge AI chatbot Claude predicts auspicious things will happen across crypto this year. Thanks to Bitcoin’s explosive ascent to $111,814 on May 22, market excitement is building around a potential new era for crypto—a potential digital gold rush that’s reigniting investor enthusiasm.

Claude AI has identified several top altcoins that could see significant upward momentum. A combination of technical chart patterns, project fundamentals, industry developments and macroeconomic drivers support the prediction.

Ethereum ($ETH): Claude Predicts Ethereum Will Lead the Crypto Price Explosion

Ethereum ($ETH) remains a cornerstone of the blockchain ecosystem. Since its 2015 debut, it has evolved into the second-largest cryptocurrency, now boasting a market capitalization exceeding $306 billion.

Ethereum’s strength lies in its versatile smart contract functionality, which has become the backbone of the decentralized finance (DeFi) sector. As of now, the platform holds over $60 billion in total value locked (TVL).

Claude predicts a bullish scenario in which Ethereum could reach $6,500 before the end of the year, representing an approximate 2.6x increase from its current price of around $2,515.

Multiple factors support this outlook. Ethereum’s entrenched role in Web3 infrastructure gives it a level of resilience and market influence that few can match.

Additionally, growing institutional adoption, particularly through spot Ethereum ETFs, has opened the door for traditional finance (TradFi) to invest in ETH through regulated channels.

A further boost could come if Donald Trump fulfills his stated intent to craft a comprehensive U.S. crypto regulatory framework. This policy shift might ignite a final bullish wave before mainstream adoption becomes inevitable.

Whale activity appears to be returning as well. After forming a falling wedge pattern during months of consolidation, Ethereum began rebounding in April. On May 7, the asset surged from $1,800 to $2,412, suggesting that major investors are re-entering the market with confidence.

Cardano ($ADA): Established Competitor to Ethereum Gathers Steam

Cardano ($ADA) is enjoying a wave of renewed attention, driven in part by recent political commentary. President Trump has floated the idea of including ADA as a “hold-only” item in a national crypto reserve—an altcoin that would not be purchased, only sourced through enforcement seizures.

Founded by Charles Hoskinson, a former Ethereum co-founder, Cardano distinguishes itself with a research-first development model focused on scalability and long-term sustainability. It emphasizes peer-reviewed innovation and formal verification, setting it apart from many rivals.

Currently at $23.9 billion market capitalization, Cardano is a steadfast competitor to Ethereum and is closing in on Solana in terms of network growth.

Claude predicts that ADA could climb to $2.05 before year’s end—more than tripling from its current price of around $0.6636. Some technical patterns suggest this breakout could happen sooner.

Cardano’s price action has formed a bullish descending wedge that began in late 2024 and persisted until early April 2025. With firm support near current levels and resistance around $1.10, a breakout could spark a swift upward move to $1.50 by the close of Summer.

For long-term investors, Cardano’s research rigour and strong DeFi community continue to make it a leading Ethereum killer as the crypto space matures.

Ripple (XRP): Claude Predicts a Breakout for this “Resillient” Crypto

According to Claude’s model, Ripple’s XRP token could surge to $13 in 2025—a dramatic leap of 483% from its current price of $2.23. This prediction is underpinned by favorable legal outcomes, increasing institutional use, and a shifting regulatory environment.

Earlier this year, XRP received a major endorsement from the United Nations, which showed the token’s utility in building fast, transparent, and regulation-compliant global payment solutions.

Ripple also notched a major legal win when a court ruled that XRP’s retail sales are not against federal securities laws, providing much-needed clarity for retail participants. Legal uncertainty still lingers for institutional transactions, but momentum is shifting in Ripple’s favor.

Despite minor retracements, XRP remains well-supported around the $2 level and may test the $3 threshold in the coming months.

Should it break that level, the next major target is $5. However, only a comprehensive crypto framework—particularly one promoted by a second Trump administration—might drive the token to the projected $13 mark.

SUBBD ($SUBBD): A Rising Star in the Crypto Presale Landscape

While blue-chip tokens command Claude’s attention, savvy investors are heading to the presale market for undetected early-stage opportunities with major upside. One such project gaining attention is SUBBD ($SUBBD).

SUBBD seeks to redefine the $85 billion creator economy by combining decentralized infrastructure with artificial intelligence. The platform seeks to cut out middlemen, allowing content creators to maintain full ownership of their work and build stronger, more rewarding relationships with their audiences.

At the heart of SUBBD is a premium, token-gated ecosystem where fans can access exclusive content, early releases, and personalized engagement experiences—all through the $SUBBD token.

Having already raised around $617,000 since launching its presale, SUBBD is gaining real momentum. The tokens are currently priced at $0.05575 during this early funding round.

Holders can unlock advanced features on the platform and use tokens to participate in a staking program offering fixed annual returns of 20% APY through the SUBBD presale website.

Follow SUBBD on X or Telegram, or visit the SUBBD website for more information.

The post Leading AI “Claude” Predicts the Price of Ethereum, Cardano, and XRP by End of 2025 appeared first on Cryptonews.

This week in crypto regulation, U.S. lawmakers and state officials drew attention across the digital asset sector with developments ranging from delayed disclosures and enforcement criticisms to landmark crypto-friendly legislation in California.

The regulatory environment continues to evolve, sometimes sharply divided between federal hesitations and state-level innovation.

Texas Congressman Slammed for Delayed Bitcoin Disclosure

In a striking development, Texas Congressman Brandon Gill (R-TX) came under fire for failing to disclose his Bitcoin purchases in a timely manner.

Congressman Brandon Gill (R-TX) is under fire for allegedly improperly disclosing recent Bitcoin transactions.#BrandonGill #DonaldTrumphttps://t.co/JbID89ntiW

— Cryptonews.com (@cryptonews) June 3, 2025

According to a report from Open Secrets, Gill bought between $100,001 and $250,000 worth of Bitcoin on January 29 and February 27. However, the disclosures didn’t appear until May 30—well beyond the 45-day window mandated by the STOCK Act, which is designed to prevent insider trading by public officials.

The freshman congressman’s failure to comply with basic transparency protocols has sparked criticism, particularly as lawmakers increasingly shape crypto policy. The delayed filings raise questions about oversight and ethical conduct amid the sector’s surging political relevance.

Crypto advocates may see Gill’s holdings as a sign of growing interest within Congress, but his misstep shows the need for stricter accountability when digital assets enter the halls of power.

SEC Chair Paul Atkins Calls Out Enforcement-First Approach

Over in Washington, SEC Chair Paul Atkins delivered pointed remarks before the Senate Appropriations Subcommittee this week, criticizing the agency’s previous stance of “regulation-by-enforcement” toward crypto.

BREAKING

SEC Chairman Paul Atkins says his top priority is a clear, rational crypto regulatory framework —…..

especially around custody & $XRP

Clarity is coming. pic.twitter.com/30eyZLdwEg

— 𝕏aif| (@Xaif_Crypto) June 3, 2025

Atkins argued that the former approach stifled innovation and inadvertently opened the door for fraudulent behavior to flourish.

“Enforcement without clear rules sends the wrong message,” Atkins said, emphasizing the need for proactive, rules-based regulation. He also praised the SEC’s revamped Crypto Task Force, describing it as a key player in developing a more nuanced and transparent regulatory framework for digital assets.

This shift in rhetoric from the SEC’s highest office marks a potential turning point in crypto regulation. For years, the agency’s ambiguous stance has frustrated industry players.

Atkins’ testimony could pave the way for more constructive engagement with blockchain projects—if it results in real policy changes and not just regulatory lip service.

California Leads With Progressive Crypto Legislation

While federal agencies wrestle with regulatory philosophy and enforcement, California is pushing ahead with bold legislative moves that could redefine state-level crypto governance.

The State Assembly passed Assembly Bill 1180 with unanimous support on June 2. The bill authorizes the Department of Financial Protection and Innovation (DFPI) to create a pilot program allowing state fees to be paid using digital financial assets.

Assembly member Avelino Valencia, the bill’s sponsor, called the move “a turning point for public sector adoption of financial technologies.”

This marks one of the most concrete steps by any U.S. state toward integrating crypto into official government operations. Should the bill progress into law, California could serve as a testing ground for broader crypto utility in public finance, potentially setting a template for others to follow.

Hot on the heels of AB 1180, another bill—Assembly Bill 1052—also cleared the State Assembly in a 78-0 vote. AB 1052 seeks to modernize unclaimed property laws, particularly how dormant digital assets are handled.

JUST IN : California Assembly passes bill to regulate Digital Assets under 'Unclaimed Property' law.

The bill now moves to the Senate.

Law explained: Assets left on an exchange for 3 years will transferred to the state, and can then be claimed by the owner. pic.twitter.com/u9XftO0XRy

— Bitcoin Laws (@Bitcoin_Laws) June 4, 2025

If passed by the Senate, the law would prevent dormant crypto held by custodians (like exchanges) from being automatically liquidated. Instead, these assets would be safeguarded in their native form by a licensed custodian.

This legislation specifically excludes self-custodied wallets from its reach, a key detail for privacy advocates and decentralization purists. Together, these two bills reflect a state legislature that understands the nuances of crypto and is willing to embrace its potential while mitigating risk.

SEC Secures $1.1M Judgment in Crypto Fraud Case

Elsewhere, the SEC notched a courtroom win against bad actors in the crypto space. A federal judge in Georgia issued a default judgment on June 3 against Keith Crews, who was accused of orchestrating a fraudulent crypto investment scheme.

Crews failed to respond to the SEC’s lawsuit, resulting in a $1.1 million penalty that includes disgorged profits and civil fines.

This case reinforces the agency’s ongoing commitment to enforcement, especially against blatant scams and fraudulent offerings. While Atkins may be steering the SEC away from broad, punitive enforcement as a policy default, this judgment shows that the agency won’t hesitate to act decisively against clear misconduct.

State vs. Federal—A Diverging Path?

This week’s developments present a revealing contrast. On one hand, California is emerging as a trailblazer in creating thoughtful crypto legislation, focusing on utility and protection.

On the other, federal lawmakers continue to grapple with oversight lapses and internal tensions on how best to regulate the space.

Congressman Gill’s disclosure mishap illustrates the regulatory gaps in the nation’s capital, while SEC Chair Atkins’ comments suggest a changing of the guard in federal crypto policy.

Meanwhile, the SEC’s ongoing enforcement actions indicate that investor protection remains a top priority, even as the agency explores more collaborative approaches.

The post Crypto Regulation Shake-Up: SEC Wins $1.1M Fraud Case as California Trials Bitcoin Fees appeared first on Cryptonews.

Key Takeaways:

The Federal Council approved automatic crypto-asset data exchange with 74 jurisdictions under OECD’s CARF, starting in 2027.

The list includes EU states, the UK, and most G20 countries but excludes the U.S. and Saudi Arabia.

Exchanges will only occur if partner countries meet reciprocity and compliance benchmarks.

Switzerland’s Federal Council has approved a proposal to begin automatically exchanging data on crypto-asset holdings with 74 partner states starting in 2027, according to a statement issued on June 6.

The exchange will be based on the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD). The framework mandates information sharing between jurisdictions to detect offshore digital asset holdings and ensure tax compliance.

Reciprocity and Compliance Conditions For Data Exchange

The approved list includes all EU countries, the United Kingdom, and most G20 members, but excludes the United States and Saudi Arabia. Exchange of data will only proceed if partner jurisdictions agree to reciprocity and meet technical and legal standards set out under CARF.

The Swiss parliament is currently reviewing the legal foundation for this data-sharing regime, which is scheduled to take effect on January 1, 2026. The first data transmission will take place in 2027.

The Federal Council stated that the same review mechanisms used for financial account data exchanges will be applied to crypto-asset reporting. Partner states must undergo periodic assessments to verify continued compliance.

The update positions Switzerland among the first countries preparing to implement the OECD’s global reporting framework. Authorities said the scope of the exchange may expand, depending on the evolving interest of other countries and future updates to international standards.

Drawing on lessons from the Credit Suisse crisis, the Swiss government is calling for measures like stricter capital requirements for big banks with branches abroad + additional powers for  financial market supervisor @FINMA_media.
https://t.co/zuWKbuyY5t @efd_dff @sif_sfi pic.twitter.com/n0z3Hvk5hE

— Swiss Federal Government (@SwissGov) June 6, 2025

Global Compliance and Local Crypto Use in Switzerland

Spar Switzerland recently announced plans to accept Bitcoin payments at all store locations following pilot programs in Zug and Kreuzlingen. The system uses QR codes from DFX Swiss’s OpenCryptoPay platform, allowing Lightning Network payments to settle instantly at checkout.

Spar is the first major grocer in the country to adopt Bitcoin at full scale.

While regulators are aligning with international reporting standards, merchants and consumers are advancing on separate terms, using Bitcoin for everyday payments without waiting for central bank endorsement.

Switzerland now faces a dual trajectory: international compliance through frameworks like the OECD’s CARF, and internal normalization of crypto through market use. This parallel movement could test how governments balance transparency obligations abroad with decentralized payment activity at home.

Frequently Asked Questions (FAQs)

What is CARF, and how does it differ from previous financial reporting standards?

Unlike traditional financial account standards, it includes digital tokens and requires identifying wallet holders and transaction data, even when no intermediaries are involved.

Why are the U.S. and Saudi Arabia not included in the approved list?

The statement does not detail specific exclusions. However, both countries have taken distinct positions on global tax data-sharing and may not currently meet CARF participation or reciprocity requirements.

Are more countries expected to join Switzerland’s data-sharing agreements?

Authorities indicated that the scope of exchange could expand based on evolving interest and future changes to OECD standards. Regular assessments will determine which partner states remain eligible.

The post Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF appeared first on Cryptonews.

Key Takeaways:

Apple, X, Airbnb, and other major tech firms are in early talks with crypto companies to integrate stablecoin payments.

Payment processors like Stripe and Worldpay have been approached to support back-end stablecoin transactions.

Industry sources say firms are weighing compliance risks across stablecoin issuers like Tether and USDC.

Executives see stablecoins as reshaping both enterprise treasury strategy and digital payment infrastructure.

Apple, X, and Airbnb are in early-stage discussions with crypto firms about incorporating stablecoins into their payment infrastructure, according to a report published by Fortune on June 6.

The conversations, which also reportedly include Google and Uber, focus on the use of dollar-pegged tokens to reduce transaction costs and improve the efficiency of cross-border settlements. The report cited sources that requested anonymity due to the private nature of the talks.

Tech Giants Experiment with New Settlement Options

According to Fortune, Stripe, Worldpay, and other processors have been approached to provide back-end support for stablecoin settlements.

Airbnb has held internal discussions with Worldpay about the feasibility of such integrations, while X is exploring adding stablecoin functionality to its payments app, X Money, through potential collaboration with Stripe.

A crypto firm executive quoted in the report said firms are assessing the risk profile of different stablecoins before making integration decisions. Tether’s compliance record and USDC’s evolving corporate structure were noted as factors influencing deliberations.

“[Stablecoins] are this old idea, but finally I think we’ve got the right pieces coming together such that it’s really coming into fruition,” said Haun Ventures partner Chris Ahn.

@Circle the company behind the USDC stablecoin, made a dramatic entrance on the NYSE with its shares surging as much as 160% during its trading debut. #Circle #NYSE https://t.co/EJQJ4Yy3m3

— Cryptonews.com (@cryptonews) June 5, 2025

Google Cloud has already accepted stablecoin payments from select clients using PayPal’s PYUSD, according to comments from Rich Widmann, head of Web3 strategy at Google Cloud. He stated that invoices and accounting processes remained unchanged, with only the settlement currency modified.

“It’s pretty clear that this is probably one of the biggest upgrades to payments since the SWIFT network,” said Widmann. “There isn’t a separate offshoot for stablecoin payments within Cloud.”

Stablecoin Adoption Advances Alongside CBDC Efforts

The report added that the interest among Big Tech coincides with recent policy shifts in Washington under the Trump administration, which has directed agencies to ease oversight of digital assets. Tech executives cited Stripe’s acquisition of stablecoin firm Bridge as a turning point for enterprise adoption discussions.

While Big Tech firms explore stablecoin use for efficiency, some governments are pushing their own digital currency models. This parallel development could shape how private and public systems interact in global payments.

Enterprise interest in stablecoins reveals a steady trend of changing corporate treasury strategies. Instead of holding excess reserves in fiat, some firms are evaluating on-chain assets to optimize liquidity and settlement across borders.

Frequently Asked Questions (FAQs)

How might stablecoin integration affect existing payment processors like Visa and Mastercard?

If stablecoins offer cheaper and faster settlements, companies could reduce reliance on traditional card networks, potentially cutting into processing fees and changing the competitive landscape for legacy providers.

Why are firms cautious about which stablecoin to adopt?

Stablecoins differ in legal structure, reserve transparency, and issuer credibility. Tether faces ongoing scrutiny over its reserve audits, while USDC’s ownership changes may impact long-term trust and stability.

Could Big Tech companies eventually issue their own stablecoins?

Yes, but legislative proposals in the U.S. have sought to limit non-financial institutions from issuing digital currencies, meaning in-house stablecoins could face heightened regulatory barriers.

The post Apple, X, Airbnb Plot Stablecoin Payment – Could Big Tech Ditch Card Fees for Onchain Settlements? appeared first on Cryptonews.

Crypto exchange Gemini is planning to go public, the company revealed in a June 6 press release.

Gemini Files to Go Public

According to the new press release, the New York-based crypto company has confidentially submitted a draft registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC).

JUST IN: Crypto firm Gemini confidentially files for U.S. IPO. pic.twitter.com/wOW2bGAVTS

— Whale Insider (@WhaleInsider) June 6, 2025

“The number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined,” the statement reads. “The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions.”

The decision comes just one day after Circle began trading on the New York Stock Exchange after it filed to go public in April.

“We are not just building financial products. We are building the money layer of the internet,” Circle said in a June 5 statement. “To everyone who has contributed to this moment, thank you.”

Editor’s note: This is a developing story. More details will be added as they are made available to the public.

The post Crypto Firm Gemini Files Confidentially for IPO in the US – Here’s What We Know appeared first on Cryptonews.

From New York to Paris, the hottest fashion accessory to hit the market is currently an “elvish creature” with large eyes and a rather mischievous look.

Known as a “Labubu,” the toy sold by Chinese company Pop Mart can be seen dangling from impossibly expensive Hermès and Miu Miu purses. Labubus are not just toys; they have come to represent socialites and fashionistas, and toy collectors alike are considered lucky to have their hands on a Labubu.

Labubu lafufu štagod pic.twitter.com/u9hr1p6NQk

— say my name (@femivv) June 2, 2025

What Is a Labubu?

For context, Labubu is classified as a girl and is part of a larger group called “The Monsters,” created by Hong Kong artist and author Kasing Lung. The Monsters debuted in a Nordic mythology-inspired picture book trilogy in 2015. In 2019, Pop Mart turned these creatures into viral vinyl collectibles.

While Labubus were not widely sought after at first, the characters gained popularity when Thai rapper Lisa from BLACKPINK professed her love for the creature in interviews and on her social media earlier this year.

“When Blackpink #LISA posted this, the whole internet went crazy, Labubu is a @POPMARTGlobal’s character and it’s always been popular but once #LISA posted it IT BECAME AN EXTRA MEGA SUPERSTAR… the latest collection that LISA posted is already SOLD OUT in KOREA…” pic.twitter.com/l8tCPw88JW

— LALISA's Tiktok Updates (@Lalisa_Tiktok) May 23, 2024

Labubu Meme Coin Launch

Given the success of Labubu, a Labubu meme coin ($LABUBU) was launched on Solana in October 2024, around the same time the viral toy started gaining traction.

A Binance blog post notes that the value of $LABUBU has recently skyrocketed by 40 times in the past two weeks. The post also mentions that the Labubu project has raised over $42 million.

A $ALCH whale just bought $9.84K of $LABUBU at $23.97M MC https://t.co/RxCPdGsPpM

— Whale Watch by Moby (@whalewatchalert) June 6, 2025

Brands and Blockchain Merge Successfully

The Binance blog post further states that $LABUBU “may not only be a meme coin but also a prime example of how brands and blockchain can merge successfully.”

Indeed, it appears that $LABUBU may be following in the footsteps of Pudgy Penguins (PENGU). Pudgy Penguins began as a blockchain-based collection of non-fungible tokens (NFTs). The Pudgy Penguin NFTs were so successful that Walmart launched a “Pudgy Toys” collection in 2,000 stores across the United States in 2023.

Rena Shah, COO of Trust Machines—a community of dedicated Bitcoin builders—told Cryptonews that Labubus and Pudgy Penguins are not just accessories, but have come to represent “IP flexes.”

“And nowhere is IP culture more dynamic right now than in Web3,” Shah said.

Shah added that Pudgy Penguins successfully broke out of the JPEG silo with toys on Walmart shelves and a licensing model that finally made NFTs feel mainstream.

“They made IP tangible—and in doing so, they proved the internet is ready to own characters, not just consume them,” she stated.

Will $LABUBU Resonate With The Crypto Community?

It remains questionable whether or not the Labubu meme coin will be as successful as Pudgy Penguin NFTs were.

According to DEX Screener, the Labubu meme coin has shot from a market cap of $814,710 to $49.16 million over seven months after the token first launched. At the time of writing, the token has since retraced to $22.7 million.

Taylan McRae-Yu, growth marketing manager at Web3 infrastructure provider Avail, told Cryptonews that he believes the phenomenon of Labubus is definitely a narrative that will resonate with the wider Web3 community.

“It’s culturally relevant, taps into a growing fandom, and mirrors the kind of organic, collectible-driven hype we saw in the early days of NFTs,” McRae-Yu said.

However, he stated that it’s unlikely that the Labubu meme coin will see anywhere near the success of the toy.

“ABC News recently reported that the estimated market cap of Labubu toys is $34 billion, while the token sits at just around a $23 million market cap, despite being launched over eight months ago.”

Challenges With Meme Coins like $LABUBU

McRae-Yu added that the majority of “fan tokens” are often short-lived and launched by unaffiliated parties trying to capitalize on a trend.

“We’ve seen this countless times before with tokens like PEPE, Moodeng, PNUT, Chill Guy, and others—very few have had real staying power,” he said.

McRae-Yu further pointed out that DEX Screener shows that over 29 different Labubu meme coins have been launched to date.

“I think this highlights how many people are eager to capitalize on viral trends by launching fan tokens. This trend will likely continue as launching tokens becomes increasingly easier and more accessible. Buyers beware,” he said.

A Binance spokesperson also told Cryptonews that while memecoins have become a powerful cultural and financial phenomenon in the crypto space, building a truly resilient memecoin community comes with major challenges.

For instance, they pointed out that most meme coin projects struggle with longevity. “The majority of memecoins launched in recent years have already faded into obscurity.”

In addition, market manipulation has become a serious concern, especially with meme coins.

“Tactics like disguised holdings, multisend distributions, and wash trading can create the illusion of liquidity, while masking concentrated control and exposing users to risk,” the spokesperson said.

Binance’s spokesperson ultimately believes that the most successful memecoins will be those that combine viral narrative appeal with genuine transparency and sustainable community engagement.

“Binance believes that fostering safer, more informed markets is essential to the long-term credibility of the space—and we’re committed to supporting that through advanced research, platform safeguards, and user education.”

Why $LABUBU May Show Signs of Continued Success

Challenges aside, the Labubu meme coin fits the criteria for being a noteworthy project.

According to Binance’s spokesperson, several factors contribute to the success of a memecoin that extend beyond just humor or hype.

“First, fairness and transparency are critical. Memecoins that launch without private seed rounds or VC allocations tend to attract more trust and grassroots support, as they offer equal access to all participants from day one,” the spokesperson said.

Sources note that $LABUBU is a community-driven meme coin.

“Second, accessibility and simplicity play a big role. Unlike complex DeFi protocols or infrastructure tokens, memecoins typically have straightforward, meme-driven narratives that are easy for anyone to grasp—even those new to crypto. This helps their stories spread rapidly through online communities and social media,” the spokesperson said.

The Labubu meme coin will likely resonate with newcomers, given the success of the toy. Binance’s spokesperson also mentioned that the most sought-after memecoins tap into cultural and emotional resonance, which appears to be the case with Labubu toys.

But while $LABUBU appears to meet these requirements, Shah commented that Labubu and other meme coins should consider migrating to the Bitcoin blockchain to see real traction.

“If Pudgy Penguins really stand for permanence, culture, and value, then why are they still stuck on chains other than Bitcoin?” she said.

Shah further pointed out that Ordinals aren’t just NFTs on the Bitcoin blockchain, but rather “digital artifacts inscribed directly into the most secure, most finite blockspace in the world.”

$Labubu btc pic.twitter.com/QtlB7m9Ua4

— Mayaron (@micilionus) June 6, 2025

“If there were ever a place to enshrine culturally significant IP, this is it. So if Labubu is dangling from Hermès, and Penguins are waddling through Walmart, the next flex is permanence. Not just going viral, but going eternal,” Shah stated.

The post Labubu Meme Coin Shows Brands Merging With Blockchain, But Will The Token Catch On? appeared first on Cryptonews.

It’s been described as an “inevitable” fallout — but that doesn’t make the public row between Elon Musk and Donald Trump any less shocking.

Much of the disagreement relates to the president’s “Big Beautiful Bill,” which the world’s richest man has called a “disgusting abomination.”

Exactly https://t.co/ulRHCYTfsU

— Elon Musk (@elonmusk) June 5, 2025

Musk argues that these huge tax breaks would undo a lot of his work at the Department of Government Efficiency, where he slashed federal spending.

Trump added fuel to the fire by suggesting that the Tesla and X CEO knew “every aspect” of his proposals — a claim that was later dismissed as “false.”

What followed next was an extraordinary barb of missives. Musk accused Trump of “ingratitude” — and insisted the president would have lost the election without him.

He predicted that tariffs will spark a recession in the second half of this year, asked followers whether a new political party should be established, and alleged that Trump is named in the Epstein Files.

The president immediately swung back by declaring the easiest way to save “billions and billions of dollars is to terminate Elon’s governmental subsidies and contracts.”

That led Musk to float the idea of decommissioning a SpaceX vessel relied on by NASA, and sharing an X post calling for Trump to be impeached and replaced by his Vice President JD Vance.

This childish fit of pique between two of the world’s most powerful men was unfolding right in the middle of the trading day. Tesla’s share price dumped by 14% on Thursday — $152 billion of value gone in the blink of an eye.

And as you might expect, this ended up weighing heavily on Bitcoin too. But while the world’s biggest cryptocurrency was dragged further away from all-time highs set two weeks ago, it did manage to stay above $100,000.

What Happens Next?

There are signs that the heavy-handed rhetoric on both sides is beginning to cool down — even as countless “influencers” on X were forced into the uncomfortable position of deciding which billionaire to back.

Hedge fund manager Bill Ackman urged the pair to “make peace for the benefit of our great country,” adding: “We are much stronger together than apart.”

“You’re not wrong,” Musk replied.

And after being urged by a small, anonymous account to “cool off and take a step back for a couple of days,” the entrepreneur confirmed that the Dragon spacecraft isn’t going to be decommissioned for now.

But there is confusion over whether Musk and Trump are now going to kiss and make up. Reports from one White House official had suggested both men were planning to take part in a phone call at some point on Friday — but Reuters later reported that the president was not interested.

Bitcoin has rebounded slightly now the war of words on social media has subsided. However, this is yet another powerful illustration of how unpredictable this presidency is — and how no bull run is guaranteed. A resumption or escalation in attacks could easily drag BTC below $100,000.

24h7d30d1yAll time

At this point though, it’s worth reflecting on the “Big Beautiful Bill” that’s at the center of this row.

The Washington Post has said Trump’s policies would add “trillions of dollars to the soaring national debt,” which now stands at $36.9 trillion. Analysis from the Congressional Budget Office says these tax breaks alone would blow a $2.4 trillion black hole into the country’s finances.

BlackRock’s Larry Fink has warned the U.S. economy needs to grow by at least 3% a year or “we’re going to hit the wall,” with Citadel’s Ken Griffin arguing that America’s current deficits are “fiscally irresponsible.”

Short term, all of this uncertainty could be bad news for the crypto markets — but longer term, supporters argue it will be good news for Bitcoin… and underline why this digital asset was created in the first place.

BTC’s fixed supply of 21 million, and the lack of a central bank that can print money and dilute what’s already in circulation, has long been described as an antidote to fiat currencies.

Coinbase CEO Brian Armstrong pointed to this in a recent post on X, writing:

“If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over as reserve currency. I love Bitcoin, but a strong America is also super important for the world. We need to get our finances under control.”

The post Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further? appeared first on Cryptonews.

A short-lived golden cross could invalidate a long-brewing bullish move, with a death cross during Thursday trading dampening the near-term Cardano price outlook.

A 10% weekly drop has caused the mid-term trend to dip below the long-term average—a technical shift that challenges ADA’s standing as one of the best cryptos to buy in June.

The altcoin market has broadly softened amid U.S. trade uncertainty, a cooling labor market, and Elon Musk’s warnings of a potential tariff-driven recession later this year.

According to Santiment data, this may just be a shakeout of weak hands as the Mean Coin Age (MCA) continues to rise—long-term holders are holding their bags.

Cardano Mean Coin Age (MCA). Source: Santiment.

Cardano’s most committed holders continue to resist selling in the face of short-term volatility, strengthening support levels against the bearish trend.

Cardano Price Analysis: Are Long-Term Holders Right to Hold?

While the recent death cross between the 200EMA and 50EMA confirms that mid-term price action has weakened relative to the longer-term average, it may not be damning just yet.

SOL / USDT 1-day chart, falling wedge breakout. Source: TradingView, Binance.

A sharp green daily candle has preserved the broader falling wedge structure forming since late 2024, flipping its upper boundary from resistance to support despite the prevailing bearish trend.

With it, momentum indicators now show signs of recovery. The RSI has sharply reversed from oversold territory at 30 to 40, suggesting recent selling pressure may be exhausted.

More so, the MACD line has begun to flatten, leaving room for trend reversal into a bullish crossover above the signal line—a potential early bull signal.

Immediate resistance at $0.68 will be critical. Surpassing it would continue the falling wedge and fuel a move toward its $1.40 technical target—an upside of 110% from current levels.

Failure to break resistance would put pressure on a key support zone at $0.60. A drop below that level could force another wedge retest—losing it would invalidate the structure entirely.

In this case, the next key support lies 22% below current prices at $0.50.

The Solana Ecosystem Could Soon Take the Spotlight

Those who jumped to Cardano over alternative Layer-1s may be forced to reconsider as the Solana ecosystem finally addresses its biggest limitation: scalability.

The narrative has shifted with the arrival of Solaxy ($SOLX), Solana’s first-ever Layer-2 scaling solution.

Solana has long lacked this capability, limiting its DeFi and cross-chain use case—until now.

By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion and lowers transaction costs, while offering seamless interoperability across both blockchains.

With almost $45 million in its ongoing presale, investors are already rallying behind the project. When demand for altcoins returns, it could be the one to reap fresh Solana ecosystem liquidity.

There are just under 10 days before this phase ends, unlocking the untapped demand of exchanges.

You can keep up with Solaxy on X and Telegram, or join the presale on the Solaxy website.

The post Cardano Price Prediction: Analysts Predict Big Crash as Golden Cross Starts to Close  appeared first on Cryptonews.

The UK’s Financial Conduct Authority (FCA) has proposed lifting its ban on crypto exchange-traded notes (ETNs) for retail investors, according to a press release on June 6.

We’re proposing to lift the ban on offering crypto exchange traded notes (cETNs), to retail investors.

Consumers would be informed of risks in the same way as when buying cryptoassets directly. https://t.co/myKza5dp9a#cryptoassets #CryptoETNs #CryptoRegulation #FCAGrowth pic.twitter.com/UbOXbhW2oc

— Financial Conduct Authority (@TheFCA) June 6, 2025

If the plan goes ahead, retail investors in the UK would once again be able to buy crypto ETNs—something they haven’t been allowed to do since the 2021 ban.

The FCA has put the change out for comment as part of a broader look at how to encourage digital-finance innovation while still protecting consumers.

ETNs tied to cryptocurrencies like Bitcoin and Ether could then list on FCA-approved markets such as the London Stock Exchange, giving everyday investors the same access professionals already enjoy.

A Shift From Past Caution to Measured Access

When the FCA originally introduced the ban on crypto derivatives and ETNs for retail investors in 2021, it did so on the grounds of consumer protection.

At the time, the regulator warned that cryptoassets were “ill-suited for retail consumers,” citing concerns about high volatility, market manipulation, and a lack of reliable valuation. However, in its latest statement, the FCA acknowledges that the market has evolved.

“This consultation demonstrates our commitment to supporting the growth and competitiveness of the UK’s crypto industry,” said David Geale, executive director of payments and digital finance at the FCA.

“We want to rebalance our approach to risk, and lifting the ban would allow people to make the choice on whether such a high-risk investment is right for them, given they could lose all their money.”

The proposed changes would apply only to crypto ETNs traded on FCA-approved investment exchanges. The broader ban on crypto derivatives, such as options and futures, for retail customers will remain in place.

Safeguards and Rules for Retail Access

Should the FCA lift the ban, the sale of crypto ETNs to retail investors would still be subject to strict conditions. Only products listed on a recognised investment exchange (RIE) would be permitted, and all firms offering them would need to comply with financial promotion rules.

The rules seek to ensure investors grasp the risks. They call for plain-language disclosures and ban gimmicky incentives or misleading ads, much like the safeguards that already cover direct crypto purchases.

Crypto ETNs function as bank-issued debt notes that track digital-asset prices, letting investors follow the market without holding the coins themselves. They’re already traded in the EU and the US, where demand for regulated crypto products keeps rising.

Boosting the UK’s Crypto Ambitions

The FCA’s proposal supports the UK government’s broader ambition to become a global hub for cryptoasset technology and innovation. Prime Minister Rishi Sunak has repeatedly stated his commitment to fostering a more competitive regulatory environment for digital finance in the UK.

Industry leaders have welcomed the FCA’s willingness to revisit earlier restrictions.

“This is a step in the right direction for UK crypto policy,” said one digital asset fund manager. “It gives investors more choice and shows the FCA is willing to adapt to a changing market.”

The consultation period will remain open until later this year, with a final decision expected in early 2026. If approved, crypto ETNs could return to the UK retail market soon after, opening new regulated investment pathways for everyday investors seeking exposure to digital assets.

The post UK FCA Eyes Retail Access to Crypto ETNs, Ending Four-Year UK Freeze appeared first on Cryptonews.

Shiba Inu (SHIB) has gone down by 7.4% in the past week and currently sits at $0.00001237 as rising tensions between the United States and China on the trader front have managed to spook investors.

The latest decline has managed to push this meme coin’s year-to-date losses to 41.5% again.

Trading volumes in the past 24 hours have surged by nearly 78% as the sell-off intensified yesterday afternoon.

On-chain data indicates that a significant amount of tokens are held by investors are held by investors with a cost basis ranging from $0.000012 to $0.000013.

Hence, this may be a heavily defended price zone where trading volumes may skyrocket. This favors a bullish Shiba Inu price forecast in the near term as bulls will do their best to keep their positions afloat and in green territory to avoid a long squeeze.

Shiba Inu Price Prediction: Can the #ShibArmy Keep the Price Above $0.00001200?

The #ShibArmy, the community that backs this meme coin, is one of the strongest in the crypto space. Its social media accounts are followed by millions and more than 1.5 million accounts hold $SHIB at press time.

In addition, the project recently launched the ShibaDAO – a decentralized governance entity that has effectively surrendered the project’s reins to the community.

If the army closes ranks at this point, they could manage to keep the price up through a concerted effort.

The daily chart shows that SHIB broke its trend line support in the past few days and has also dropped below its short-term exponential moving averages (EMAs).

The price has found support at $0.00001200 for now and rose strongly during the Asian session as bulls seem determined to hold their ground at this level.

SHIB could be pushed to retest its former trend line support from below. If it rejects it, we could draft a Shiba Inu price prediction of $0.00001050 as this is the nearest area where the token has found support after a bearish breakout below $0.00001200.

This meme coin’s upside potential seems capped at the moment. However, Bitcoin’s path to new all-time highs has been paved lately.

One meme coin stands to gain if BTC rises to $125,000 in the next few weeks. BTC Bull Token (BTCBULL) is the name of one of the hottest crypto presales of the year. Its innovative rewards system tied to the performance of the top crypto has attracted nearly $7 million from investors already.

BTC Bull Token (BTCBULL) Hands Out Rewards Every Time Bitcoin Hits a Price Milestone

BTC Bull Token (BTCBULL) is a fun and innovative way to profit from Bitcoin’s rally to new heights.

The reward mechanism is quite simple. Starting at a baseline price of $100,000, a new reward will be unlocked for every additional $25,000 that BTC adds to its price.

The first milestone is set at $125,000, at which point a portion of BTCBULL’s circulating supply will be burned. Next up, once the price rises to $150,000, token holders will receive a direct Bitcoin airdrop.

To buy this meme coin and start generating passive income once Bitcoin reaches new milestones, head to the BTC Bull Token website and connect your wallet (e.g. Best Wallet).

You can either swap USDT or ETH for this token or use a bank card to invest.

The post Shiba Inu Price Prediction: 39 Trillion SHIB Held at Crucial Level – SHIB Holders Should Watch Out appeared first on Cryptonews.

The XRP price has dipped to $2.14 as tensions between Donald Trump and Elon Musk spill into the public eye, sending a chill through crypto markets and sparking fresh uncertainty around investor sentiment.

XRP is now down by 2% in a week and by 12% in a fortnight, although the altcoin does hold on to a 300% increase in the last 12 months.

This is a very healthy gain, and things may soon get even better for XRP in the medium- and long-term, with Chinese firm Webus officially filing with the SEC yesterday to establish a digital asset reserve.

Previous releases from the company have revealed that this reserve will accumulate $300 million in XRP, something which, in addition to Ripple’s increasingly strong fundamentals, provides for a very strong long-term XRP price prediction.

XRP Price Prediction: Chinese Company Files to Buy $300M XRP – $100 XRP Incoming?

Webus is an AI-focused transportation company, yet in the past few weeks it has pivoted towards crypto, announcing at the end of May that it would be exploring the use of XRP as a strategic reserve and as a means of facilitating cross-border payments.

The $300M XRP Treasury Play: Why Webus International May Have Just Triggered a Corporate Liquidity Revolution

A little-known Chinese AI mobility company just filed with the SEC to build a $300M XRP treasury.

It’s not just bold — it could be the start of a global on-chain… pic.twitter.com/t9CYkwN75u

— Pumpius (@pumpius) June 4, 2025

Some crypto traders are now suggesting that Webus could be the first of many international firms to turn to XRP as a reserve asset and a means of cross-border payment.

If this prediction is in any way accurate, it could be massive for the XRP price going forward.

But today, the market hasn’t really responded to such a possibility, instead reacted negatively to yesterday’s spat between Donald Trump and Elon Musk.

As we can see from XRP’s chart, the altcoin remains very much on a downwards curve, with its indicators suggesting that we may feel more pain over the weekend.

After being hugely elevated since November, it now looks as though the coin’s 30-day average (orange) will soon drop below the 200-day (green).

Source: TradingView

This would amount to a death cross, signalling further losses as XRP retreats from medium-term highs.

However, as we’ve written before, XRP had struggled so much prior to November of last year that the 30-day – and the XRP price – may not fall that much.

Indeed, the coin’s relative strength index (purple) tells a different story, in that it has been below 50 more or less continuously since February.

As such, XRP may actually still be in an oversold position, implying that a rebound could come soon.

It could reach $2.50 by the end of this month, before hitting $3 shortly after.

Diversification with New High-Potential Altcoins

Yet it’s possible that XRP will need the Ripple-SEC to arrive at a final settlement before it can really take off, in which case, many traders may prefer to invest in alternatives.

For those looking for quicker, market-beating gains, one possible strategy is to invest in presales, since these can result in rallies once the corresponding tokens list for the first time.

One of the newest and most interesting presale coins is Snorter (SNORT), a Solana- and Ethereum-based token that launched its ICO a couple of weeks ago.

Went outside. Touched grass. Immediately hated it. Back to the chaos. pic.twitter.com/XgGz1f7cCE

— Snorter (@SnorterToken) May 19, 2025

Despite being very new, it has now raised in excess of $400,000, while its official X account has already amassed over 10,000 followers.

This is an encouraging sign for the future, with investors excited about Snorter because of its plans to launch an advanced trading bot.

As a trading bot, Snorter will be able to make sniping trades, swooping in on coins just as they’re about to take off.

It will also come with various other features, including limit orders, atomic swaps (with MEV protection), copy trading, and rugpull and honeypot warnings.

And because traders will need SNORT to pay for Snorter’s features, the coin could attract some serious demand.

Investors can join its sale at the Snorter website, where it currently costs $0.0943.

This will rise again tomorrow, so anyone wanting to lock in the lowest possible price – and biggest possible gains – should act quickly.

The post XRP Price Prediction: Chinese Company Files to Buy $300M XRP – $100 XRP Incoming? appeared first on Cryptonews.

The Solana price has dipped by 3% today, with its move to $148.41 coming as the crypto market falls by 4% in the past 24 hours.

The market has reacted badly to yesterday’s very public feud between US President Donald Trump and former backer Elon Musk, with the war of words between the pair sending the US stock market down and, by extension, the crypto market.

This means that SOL is now down by 9% in a week and by 20% in the past fortnight, with the alt also suffering a disappointing 14% drop in the past year.

And to make matters worse, data from glassnode reveals that yesterday witnessed a big spike in terms of coin days destroyed for Solana, meaning that whales dumped large quantities of long-held SOL.

Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

Posting on X, glassnode revealed that June 3 saw the third-biggest total for coin days destroyed for SOL in the year to date, at 3.55 billion SOL.

What this means is that investors who had held their SOL for a long time finally capitulated and dumped their tokens on the market, a bad sign as far as faith in the Solana price goes.

Yesterday marked the third-largest spike in Coin Days Destroyed for $SOL year-to-date, reaching 3.55B. Only February 26th (5.53B) and March 3rd (4.64B) were higher. These spikes often reflect long-dormant coins being spent, signaling possible shifts in holder conviction. pic.twitter.com/SSAvAwIgjS

— glassnode (@glassnode) June 4, 2025

Significantly, the other big spikes in coin days spent preceded falls in the Solana price, as a whales presumably drove market sentiment downwards.

As such, SOL may have a difficult weekend ahead, with its chart today reinforcing the negative picture.

Most alarmingly, its 30-day average (orange) has just dropped below the 200-day (blue), forming a death cross that usually heralds incoming dumps.

We also see its RSI (purple) dropping almost to 30 today, another sign of strong selling pressure.

Source: TradingView

Having had a good few weeks between the second half of April and second half of May, it now seems that the Solana price could be in for a rough ride in the near term.

It will be interesting to see whether it can avoid falling below the $145 support level, since if it avoids such a drop it may rebound quickly.

If not, it could fall to $140 or $130 before correcting upwards, although its longer term prognosis is much better.

Given that Solana is not only the second-biggest layer-one network, but is also looking forward to a couple of big upgrades (e.g. Firedancer and Alpenglow), it could have a strong end to the summer.

It could reach $250 by September, while the possibility of Solana ETF approvals could send it to £350 or higher by the end of the year.

New Solana-Based Tokens with Big Potential

Because Solana may be something of a slow burner this year, traders may want to diversify into newer tokens, in order to increase their exposure to potential market-beating rallies.

This means that they should investigate new coins, including presale tokens that will be listing on exchanges in the coming weeks.

A very good example of such a coin is Snorter (SNORT), a Solana-based meme token that has now raised over $450,000 in its recently begun sale.

Snorter is much more than a meme coin, however, with the project also launching a trading bot once its sale ends.

Its trading bot boasts numerous features which distinguish it from its competitors, including automated sniping (so that users can make profitable trades early), copy trading, atomic swaps, MEV protection, and rugpull protection.

Its native token, SNORT, will have a max supply of 500 million tokens, with 10% of this available to the presale.

Holders will be able to stake the token for a passive income, while they will also need it to access the Snorter trading bot and its various features.

It could therefore become hugely popular, with investors able to join its sale now by going to the Snorter website.

SNORT is selling at $0.0943, although this will rise regularly until the sale ends, at which point the coin will list and potentially surge.

The post Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop? appeared first on Cryptonews.

The DeFi space has come a long way since the early days of decentralized exchanges and experimental lending protocols, and now crypto aggregator platforms are taking center stage. In 2025, with billions in total value locked and more users onboarded every day, the industry is at a turning point — driven by tools that simplify, secure, and supercharge the trading experience. Among dozens of new entrants, three platforms are setting the standard for what comes next.

If you’re searching for the best DeFi tools in 2025 or the top crypto aggregators to simplify your Web3 experience, this article is your entry point.

1. MetaMask Snaps

MetaMask continues to be the gateway for millions entering Web3. With the launch of “Snaps,” the wallet now supports custom functionalities — from gas fee prediction tools to compliance modules. This upgrade allows developers to build micro-apps directly into the wallet environment, streamlining everything from payments to NFTs.

MetaMask Snaps enables more localization, risk management, and network expansion. Users can stay within the comfort of one trusted interface while tapping into newer chains and ecosystems.

2. Stargate Finance

Cross-chain bridges have always been clunky and risky — until Stargate. The protocol enables true composability across chains, allowing users to move assets like stablecoins between Ethereum, Avalanche, and more with full liquidity and almost instant finality.

It is fast becoming the top choice for developers building multichain dApps and for users who need stable, high-liquidity transfers without long delays or complex UIs. With LayerZero under the hood, Stargate represents a more secure model for cross-chain architecture.

3. SafeBlock — The DEX Aggregator Evolving With the Market

SafeBlock is a user-first platform that aggregates DEXs and bridges across major networks — including BSC, Optimism, Polygon, Arbitrum, Ethereum, Avalanche, Scroll, Gnosis, and Base — and optimizes every trade in real time.

What makes it stand out:

Split Swap: Swap one token for two in a single transaction — perfect for balancing your portfolio efficiently.

MEV Protection: Built-in security from front-running tactics, ensuring fair execution.

Public SDK & API: Developers can integrate SafeBlock’s routing tech directly into their wallets or protocols.

New networks in progress: Tron, Monero, Bitcoin, and Solana are currently being integrated.

In an ecosystem that demands fast, cost-effective, and secure trading across chains, SafeBlock offers a bridge between convenience and innovation.

Why Crypto Aggregator Platforms Matter?

As DeFi enters its next stage of growth, platforms that combine usability with powerful underlying tech will lead the way. MetaMask Snaps, Stargate, and SafeBlock each solve real user problems and are helping shape what DeFi will look like by the end of 2025. Whether you’re a builder or a trader, keeping these tools on your radar is a smart move.

The post Which Crypto Aggregator Platforms to Watch in 2025? appeared first on Cryptonews.