Author: John Smith

U.S. stocks ended Friday on a mixed note after recovering from early losses, closing out a volatile but strong May.  The S&P 500 finished nearly flat but posted a 6% monthly gain — its best May since 1990. The Dow rose 0.13% on the day, and the Nasdaq slipped 0.3%, despite briefly falling over 1.6% earlier in the session. For the month, the tech-heavy Nasdaq surged nearly 10% as technology shares continued to drive momentum. The Dow added 4%. Friday’s subdued finish followed reports of expanding U.S. tech restrictions on China and renewed trade tensions. The Trump administration plans to…

Tornado Cash developer Roman Storm faces a trial in the United States in July, and a federal judge has declined to order the U.S. Department of Justice to review its records related to the case. Judge Katherine Polk Failla, in a Friday ruling, declined to order the DOJ to review materials it holds that might be helpful to Tornado Cash (TORN) developer Roman Storm’s legal team. The judge’s ruling comes as Storm and his defense team prepare for the developer’s trial scheduled for July 2025, CoinDesk reported. “I’m not going to require a further review based on the representations made…

While James Wynn lost nearly $100 million, another trader made a fortune by consistently taking the opposite side of his trades. One crypto trader earned more than $17 million by betting against controversial crypto fund manager James Wynn. On Friday, May 30, Lookonchain reported that the trader behind wallet address 0x2258 repeatedly mirrored the opposite of Wynn’s positions. The trader shorted when Wynn went long and went long when Wynn shorted. The approach paid off, resulting in $17 million in profits while Wynn racked up $98 million in losses. The winning strategy lately? Do the opposite of James Wynn.0x2258 has…

XRP is approaching a major high time frame support zone near the $2 mark. This level has consistently acted as a structural base for the past few months, holding up price action during several corrections. Now, with price once again pressing into this zone, the reaction from this level will likely determine whether XRP continues within its broader bullish structure or risks a deeper correction. Price action remains rotational. XRP (XRP) has traveled from the value area high down toward the value area low, creating a textbook auction cycle between key volume levels. This movement has coincided with declining volume,…

Corporate interest in digital assets is gaining momentum, with public companies increasingly allocating Bitcoin and Ethereum to their balance sheets, according to Binance Research’s latest weekly report. Binance reported that more than 117 listed companies now hold over 800,000 BTC collectively, including recent adopters like Trump Media & Technology Group, which launched a $2.5 billion BTC strategy backed by 50 institutional investors.  The report also noted Ethereum’s (ETH) growing presence in corporate treasuries, with SharpLink unveiling a $425 million ETH initiative advised by Consensys co-founder Joseph Lubin. Mixed market sentiment  Despite this institutional momentum, market sentiment remained mixed. Bitcoin (BTC)…

Hyperliquid coin has been remarkably resilient during the broader market correction, maintaining strength above a key support zone at $29.20. With high-timeframe structure intact and strong volume confirming the breakout, a rotation toward new highs above $39 is increasingly probable. While the overall market has experienced a period of consolidation and correction, Hyperliquid coin (HYPE)has shown notable strength by holding above its high-timeframe support. This level is not just psychological, it’s technically rich, aligning with the value area high, the 0.618 Fibonacci retracement, and the anchored VWAP level. These overlapping supports form a highly reliable demand zone that Hyperliquid coin…

Méliuz, a publicly traded fintech in Brazil, has filed for approval to raise $26.4 million that it plans to use to buy more Bitcoin. According to a report by Reuters, the company is seeking regulatory approval for an offer of 17,006,803 common shares to raise 150 million reais, or approximately $26.4 million. If the application is approved, Méliuz plans to use the proceeds to buy Bitcoin (BTC). Per the securities filing the company submitted Friday, pricing for the offering will be on June 12, 2025. While the target is $26.4 million as per the share offering, Méliuz says the company…

U.S. stocks decline despite positive inflation figures, after Trump once again threatened China over trade policy. Positive inflation figures were not enough to move U.S. stocks higher. On Friday, May 30, the Dow Jones fell 240 points, or 0.57%, while the S&P 500 dropped 60 points, or 1.00%. The tech-heavy Nasdaq suffered the most, losing 307 points, or 1.60%. Markets were focused on President Donald Trump’s new threats against China’s trade policy. On May 30, Trump accused China of violating its agreement with the U.S., which had recently paused the 145% tariffs on Chinese imports. However, he did not specify…

James Wynn, the popular high-risk, high-reward crypto trader, has suffered substantial losses as Bitcoin and Pepe plunged. Bitcoin (BTC) price dropped from a record high of $111,900 last week to $105,300 on Friday, while Pepe (PEPE) has dived from $0.00001625 to $0.000025.  These declines, while subtle in the crypto industry, led to huge losses for Wynn, a trader who focuses on using high leverage.  Hyperdash data shows that Wynn now holds assets worth about $62 million on Hyperliquid. He has a leveraged position on Bitcoin valued at $46.4 million, and one on Pepe worth $16 million. The Bitcoin position has…

Bitcoin (BTC) is currently trading at approximately $104,605, reflecting a 2.20% decrease over the past 24 hours. The price has experienced fluctuations, with an intraday high of $106,973 and a low of $104,605. This downturn is attributed to renewed global geopolitical tensions and macroeconomic uncertainty, which have led to a broader pullback in the crypto market. For on-demand analysis of any cryptocurrency, join our Telegram channel. BTC Next Target Current Price: $104,605 24h Price Change: -2.20% 24h Range: $104,605 – $106,973 Market Cap: ~$2.09 trillion 24h Trading Volume: ~$42.12 billion Price had a bearish breakout from Rising Wedge, and below $108K…