logo

Category : News

30 Май 2025

US sanctions tech firm tied to multi million dollar crypto scam operations

The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or interests tied to Funnull or Liu are blocked. The US government on Thursday imposed sanctions on Funnull Technology Inc, accusing the company of supporting widespread cryptocurrency scams that have defrauded American victims of more than $200 million. The Treasury Department’s Office of Foreign Assets Control (OFAC) […]

30 Май 2025

SOPH token drops 24.97% after $900M airdrop, despite strong TVL growth

Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin in three months. Sophon’s utility token, SOPH, fell by 24.97% within 24 hours of its market debut on Binance and several other exchanges, shedding over $80 million from its market capitalisation. The steep decline followed a large-scale airdrop event in which 900 million tokens—9% of […]

30 Май 2025

XRP futures surge past $223M as price holds $2.27 support

Positive funding rates suggest long positions’ dominance. Exchange reserves fall by 50 million XRP, worth $114 million. Investors accumulate amid expectations of a price rebound. XRP’s price is under pressure, extending a two-week downtrend that has placed the token in a vulnerable spot. Yet, a deeper look at on-chain and derivatives market data reveals a contrasting trend. Traders are actively accumulating XRP, and institutional interest is gaining ground through futures contracts. With $223 million in open interest on CME within […]

30 Май 2025

Litecoin price forecast: tracking LTC’s bullish technical setup

Litecoin is forming bullish flag and pennant patterns, signalling a bullish breakout. Price targets range from $108 to $153 after the imminent breakout. Large holders and strong volume back the projected LTC’s upward momentum. Litecoin (LTC) is once again in the spotlight as bullish technical formations point to the potential for significant upside movement. The cryptocurrency is currently navigating a critical phase, marked by a series of strong technical patterns and robust on-chain data that suggest an optimistic outlook. LTC […]

30 Май 2025

Giza goes institutional: Re7 Capital adopts autonomous DeFi treasury management

Key Takeaways: Giza is building a specialized suite of Agents tailored to Re7 Capital’s broader ecosystem. The customized Agents delivered a 67% higher yield on stablecoins and an 18.5% higher yield on ETH. While development continues, Re7 will deploy $500,000 in USDC into ARMA, Giza’s flagship Agent. Web3 agent developer Giza announced that Giza Agents, which have facilitated over $40 million in volume to date, are entering the institutional space through a partnership with DeFi investment firm Re7 Capital.Re7 Capital […]

29 Май 2025

Over 30% of new crypto users start with meme coins, says Gemini’s 2025 report

94% of meme coin holders also invest in Bitcoin and Ethereum later. US leads in meme coin adoption, with 31% starting their crypto journey with them. Meme coins now have a combined market cap of $74.4 billion. Meme coins are no longer just a punchline in the crypto world. A new study by Gemini suggests these internet-born tokens are now the entry point for over 30% of new cryptocurrency users across key markets like the US, UK, and Australia. According […]

29 Май 2025

Pakistan to create strategic Bitcoin reserve, earmarks 2000MW for crypto mining

Pakistan is set to embark on a significant foray into the cryptocurrency landscape, with the government announcing plans to establish a strategic Bitcoin (BTC) reserve and allocate substantial energy resources to support Bitcoin mining operations. The announcement, delivered by Minister of State for Blockchain and Crypto Bilal Bin Saqib at the Bitcoin 2025 conference in Las Vegas on Wednesday, signals a bold new direction for the nation’s digital asset policy. Minister Bin Saqib revealed that Pakistan’s initiative to create a […]

29 Май 2025

Merlin Chain price gains as Binance adds MERL perpetual contracts

Merlin Chain (MERL) price rose sharply as Binance announced the launch of MERL perpetual futures. The MERL token, native to the Bitcoin layer-2 solution, reached highs of $0.13 and could target $0.20. Altcoins have often spiked in price after such announcements by Binance. Merlin Chain (MERL), a Bitcoin Layer-2 solution, has witnessed a significant price surge following a major announcement from Binance. On May 28, 2025, Binance revealed the launch of USD-margined MERL Perpetual Contracts, a move that has sparked […]

29 Май 2025

Best crypto to buy as global companies continue to load up on BTC

Retail focus is turning to alternative narratives like Bitcoin Pepe, which is nearing the end of its presale. Bitcoin Pepe’s presale has raised over $11.8 million, investors can still scoop up the coin at $0.0377. To advance its Layer 2 ecosystem, Bitcoin Pepe has formed strategic partnerships. The total crypto market capitalisation has slipped 0.8% over the past 24 hours to $3.43 trillion. The retreat is notable, especially given the uptick in risk appetite across equity markets over the last […]

29 Май 2025

Chainlink price prediction amid increased selling pressure despite DeFi integrations

Chainlink (LINK) faces resistance despite a recent 22.14% monthly price gain. On-chain data shows selling pressure and weak buyer momentum. DeFi integrations support a long-term bullish outlook for Chainlink. Chainlink, a prominent decentralised oracle network, is currently navigating a pivotal phase as the price of its native token, LINK, grapples with mounting selling pressure. Although LINK has enjoyed notable gains in recent weeks, the broader market sentiment reveals a fragile balance as technical and on-chain indicators flash warning signs of […]