Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While XRP’s next big move is unclear, Unilabs offers valuable tools and ways to earn income, making it the leading altcoin for massive gains in 2025. XRP price is slowly gaining strength, staying above $2.19 after jumping nearly 7% from the weekend lows. The uptrend is driven by more speculation, with XRP derivatives open interest rising almost $5 billion. XRP’s oversold conditions suggest traders are preparing for a decisive move. Adding to this bullish momentum, Unilabs is becoming a…
Collaterize has officially launched its RWA launchpad on Solana, opening the door for anyone to tokenize and trade tangible assets like real estate, private equity, and collectibles directly on-chain. Collaterize (COLLAT) has launched its RWA launchpad, allowing anyone to turn real-world assets like real estate, private equity, or collectibles into tradable tokens on Solana (SOL). To get started, creators need to hold at least 100,000 COLLAT tokens, complete KYC/KYB, and submit documentation about the asset for due diligence. When launching a token, the platform raises 120% of the creator’s target amount. Of that, 100% goes directly to funding the asset…
Social media platform Reddit has filed a lawsuit against AI startup Anthropic, accusing it of unauthorized data scraping to train its Claude chatbot. In its Wednesday filing in San Francisco Superior Court, Reddit alleged that Anthropic accessed its platform more than 100,000 times after July 2024, despite having publicly announced that it had halted such activity. The filing accuses Anthropic of violating Reddit’s user agreement, scraping content without consent, and continuing to use the platform’s data to train its large language models. In the complaint, Reddit described Anthropic as a “late-blooming” AI company that presents a public image of responsibility…
BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has also granted underwriters a 45-day option to purchase an additional 337,500 shares to cover potential over-allotments. The offering is expected to close on June 6, pending customary conditions. BitMine intends to use all of the funds raised to purchase Bitcoin (BTC), aligning with its strategy of acquiring Bitcoin through mining and direct investment. With operations in Trinidad and Texas, the…
TRON’s on-chain activity is hitting record highs, with sustained growth in active addresses hinting at an upward shift in TRX market momentum. According to a June 3 analysis by CryptoQuant contributor CryptoOnChain, the 50-day and 100-day moving averages for daily active addresses on the TRON (TRX) network have hit their historic highs. This sustained climb in user participation points to steady network expansion and ecosystem health, suggesting TRX may be building a base for further appreciation. Analysis of Daily Active Addresses and TRX Price on Tron Network – All-Time Highs in Moving Averages“Historically, changes in active address trends tend to…
Circle has priced its initial public offering at $31 per share, higher than expected, ahead of its June 5 debut on the New York Stock Exchange. According to a June 4 report from Reuters, the stablecoin issuer raised $1.05 billion by selling 34 million shares, valuing the company at roughly $8 billion on a fully diluted basis. Circle IPO was originally expected to price between $27 and $28 per share, but strong demand pushed the price and share count higher. Circle had initially aimed to raise $624 million by selling 24 million shares. That plan was later revised to 32…
A fresh Hash Ribbons buy signal has flashed for Bitcoin, a historically reliable indicator that miner capitulation may pave the way for a bullish reversal. The signal, highlighted in a June 5 analysis by CryptoQuant contributor Darkfost, shows a crossover in Bitcoin’s (BTC) 30-day and 60-day hashrate moving averages. This pattern has historically preceded major price recoveries and is often triggered when weaker miners capitulate during periods of unprofitability. “Mining becomes unprofitable for certain miners, and they are forced to sell BTC in order to stay operational,” Darkfost explained. This may lead to short-term selling pressure, but it often prepares…
U.S. stocks ended mixed Wednesday after a weak private payrolls report and a cautious economic outlook from the Fed’s Beige Book fueled concerns about growth, inflation, and tariffs. The Dow Jones Industrial Average snapped a four day winning steak, closing lower by 91.90 points, or 0.22%. The S&P 500 was nearly flat, while the Nasdaq Composite gained 0.32% to end at 19,460.49. Wednesday’s stock trading session sentiment was hit by a weaker-than-expected ADP employment report, which showed private payrolls rose by only 37,000 in May, notably below estimates. The reading comes ahead of Friday’s nonfarm payrolls data and may force…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin stays quiet while Lightchain AI gains traction, raising $21m with real utility and strong community support. While Litecoin holds on to its legacy status with minimal buzz, Lightchain AI is quietly becoming a leading pick among early movers and strategic buyers. With all 15 presale stages complete and a Bonus Round now active at a fixed price of $0.007, the project has already raised nearly $21 million without flashy headlines or hype cycles. Its appeal lies in utility:…
In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina Saraiva highlighted an increasingly cautious mood across U.S. businesses and consumers. Saraiva stated the Federal Reserve’s Beige Book is “pretty similar” report to what we have seen this year, pointing to slight declines in activity and a labor market holding steady. Saraiva emphasized how uncertainty, particularly tied to trade tensions and tariffs, continues to weigh on decision-making. She added that businesses and consumers “are kind of waiting to see how this tariff fight plays out.” The Beige Book mentioned tariffs…