Author: John Smith

Polygon-backed Katana Network has launched its private mainnet, with 15% of its upcoming KAT token supply set to be airdropped to POL stakers on Ethereum. On May 28, Polygon-backed Katana Network launched its private mainnet Katana aimed at unlocking deep liquidity and sustainable yield across the AggLayer ecosystem. As part of its launch plans, the Katana Foundation announced that approximately 15% of the upcoming KAT token supply will be airdropped to Polygon (POL) stakers on Ethereum, including participants in liquid staking protocols. A public mainnet release is scheduled for late June 2025. In the meantime, a pre-deposit campaign is active,…

Sui token remains in a corrective phase after falling 16% from its monthly high, following the recent exploit involving Cetus Protocol. Sui (SUI), a fast-growing layer-1 network, was trading at $3.50 on Wednesday, continuing to underperform relative to other top cryptocurrencies. Despite the correction, both technical and fundamental indicators suggest a potential bullish breakout in the coming days. The Sui Foundation has intervened by providing a secured loan to Cetus Protocol to help cover the recent $223 million hack.  The loan covers the funds that were moved from Cetus to Ethereum (ETH) addresses. Cetus is now calling on the Sui…

U.S. Vice President J.D. Vance emphasized Bitcoin’s strategic role in U.S. policy and warned the crypto community to stay politically engaged or risk being ignored. Speaking at the Bitcoin 2025 conference in Las Vegas, Vice President J.D. Vance urged the crypto community to continue its political momentum from 2024, warning that transformational technologies like Bitcoin (BTC) won’t be immune from policy decisions. “Unless you guys get involved in politics, politics is going to ignore this industry,” Vance said. “What happens in the world of bureaucracy will affect even the most valuable technologies.” He credited the community’s growing activism with influencing…

ZBCN has rallied over 130% in the past week, fueled by backing from Uphold and hints at a potential partnership with Ripple. Zebec Network (ZBCN) price is up over 20% in the past 24 hours, currently trading at $0.0057, marking a continuation of its breakout rally that began on May 21, when ZBCN decisively broke above the $0.0022 resistance level. Despite a brief pullback on May 27, when traders moved to lock in profits, the dip was swiftly bought up and the token kept rallying to a peak of $0.0059 today. This marks a gain of over 130% from its…

Antalpha, the fintech platform that serves the Bitcoin mining ecosystem, announced that it plans to invest $40 million into Tether Gold as a hedge against economic volatility. According to its recent press release, Antalpha aims to diversify its holdings in the face of macroeconomic volatility by investing in Tether (USDT)’s digital gold token, XAUt (XAUT). The platform chose the token because of its gold-backed value that is believed to be suitable for institutional asset allocation, particularly its ability to withstand crypto market cycles and support different financial applications. Therefore, the company plans to allocate as much as $40 million from…

The Reserve Bank of India wants to roll out new functionalities for the digital rupee and test its use in cross-border payments with international partners. India‘s central bank said it will introduce new features and use cases for the digital rupee’s cross-border use, signaling a possible shift toward its international adoption. The update came in the Reserve Bank of India’s Annual Report for 2024-25, where it said the next phase of development would build on lessons from existing pilots, CNBC TV18 reports. The RBI launched its wholesale digital rupee pilot in November 2022, followed by the retail pilot in December…

UNI is flashing early signs of a bullish reversal, with a potential inverse head and shoulders breakout forming on the daily chart. According to data from crypto.news, Uniswap (UNI) surged over 20% in the last 24 hours, reaching an intraday high of $7.6 on May 29, nearly 57% higher than its April low, while its market cap rose to around $4.4 billion. Meanwhile, its daily trading volume increased by more than 200% to surpass $1 billion. The surge was echoed in the derivatives market, where open interest climbed 20% to a record $514 million, signalling a spike in leveraged long…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP’s forecast hints at $3.5 amid Ripple’s legal wins, but Unilabs’ AI-powered DeFi is also surging. The recent XRP price forecast is raising eyebrows with experts saying it will reach a record high of $3.5 soon. And now, with more institutions jumping in as the legal saga for Ripple eases, there are new hopes about the XRP token hitting new heights. However, a new AI-powered DeFi project, Unilabs, is catching on with its game-changing investment tools and sky-high presale…

U.S. stocks closed lower on Wednesday after the Federal Reserve released the minutes from its May policy meeting. The Dow Jones Industrial Average lost 0.58%, or 245 points, while the S&P 500 and Nasdaq Composite indices fell 0.56% and 0.51%, respectively. The central bank’s minutes indicated a cautious approach to monetary policy and warned of “difficult tradeoffs” ahead if inflation persists. “Participants agreed that uncertainty about the economic outlook had increased further, making it appropriate to take a cautious approach until the net economic effects of the array of changes to government policies become clearer,” a CNBC transcript of the…

Despite a significant announcement from energy firm VivoPower, XRP is trading at $2.29, down 1.1% in the past 24 hours and over 4% for the week. The token is displaying signs of consolidation and is has ranged between $2.24 and $2.47 in the past seven days. The trading volume for XRP (XRP) reached $2.16 billion, up 6% in the past 24 hours.  Derivatives data from Coinglass shows a 20.2% spike in volume to $3.95 billion, while open interest dropped 0.95% to $4.78 billion, indicating mixed sentiment among leveraged traders. The latest price action follows a major announcement from Nasdaq-listed energy…