Author: John Smith
XRP price has remained in prolonged consolidation this year despite numerous positive developments in its ecosystem. Ripple (XRP) was trading at $2.30 on Wednesday, up 40% from its lowest point this year and 33% below its January high. XRP has had several catalysts this year. First, the odds that the Securities and Exchange Commission will approve XRP exchange-traded funds later this year have jumped to a record high of 98%. An XRP ETF could be approved as soon as the SEC completes its review of Franklin Templeton’s fund this month. However, the more likely scenario is a delay in approval…
What made Elon Musk call Trump’s “Big Beautiful Bill” a disgusting abomination and what does this mean for crypto’s future in America? Musk calls Big Beautiful Bill a disgusting abomination in viral attack The One Big Beautiful Bill Act, or OBBBA, is a sweeping tax and spending proposal introduced by the Donald Trump administration that narrowly passed the House in late May 2025. Stretching over a thousand pages, the bill expands on the 2017 tax cuts by extending existing provisions and introducing new ones. Among the most notable are zero taxes on tipped wages and full, immediate deductions for business…
Railgun price soared more than 10% on June 4, 2025 amid upside pressure, with the cryptocurrency surging after Ethereum co-founder Vitalik Buterin sent $1.83 million worth of Ethereum tokens to the protocol. Railgun (RAIL), the native token of zero knowledge proof powered privacy solution Railgun Protocol, rose sharply on Wednesday, jumping from lows of $0.78 to hit highs of $0.89. The double digit spike for RAIL happened amid a notable increase in trading volume, with data showing the Ethereum (ETH)-based privacy coin’s daily volume rose 36% to over $432k. Gains saw bulls attempt to reverse the downtrend that has seen…
After acquiring some of the NFT world’s biggest names, Yuga Labs is now offloading CryptoPunks, Moonbirds, and other brands as the market faces ongoing challenges. Yuga Labs has recently started slimming down, handing over IP rights to several NFT collections — including CryptoPunks and Moonbirds — in what may signal a shift for the once-dominant NFT giant. The CryptoPunks IP now belongs to the Infinite Node Foundation, a non-profit focused on digital art preservation. Meanwhile, Moonbirds — another blue-chip collection — has landed in the hands of a relatively unknown gaming company called Orange Cap Games. While Natalie Stone, general…
Binance has launched the first altcoin-focused spot liquidity program as it looks to boost diversity in the crypto market making ecosystem. In an announcement, Binance said its new service, the “Altcoin LiquidityBoost Program,” will not just enhance liquidity but offer trading efficiency for selected altcoin trading pairs. Binance is looking to support small and medium-sized liquidity providers eyeing exclusive traction in the altcoin market. The goal is to offer altcoin traders access to tighter spreads and reduced slippage amid overall improvement of users’ trading experience. Market-making participants will benefit from huge rebates, with Binance keen on tapping into a diverse…
After a series of pro-crypto moves, Russia is enabling qualified investors to gain exposure to Bitcoin. Regulated Bitcoin (BTC) trading is coming to Russia, but for qualified investors only. On Wednesday, June 4, the Russian news agency TASS reported that the Moscow Exchange will list a Bitcoin ETF futures contract. The product will be linked to the value of the IBIT Bitcoin Trust ETF, a U.S.-based Bitcoin spot ETF. “Trading in this new product will begin on June 4, 2025, and will be exclusively available to qualified investors,” Moscow Exchange. The futures will be structured as quarterly investment contracts, with…
Huma has officially joined the Global Dollar Network, a strategic coalition of leading fintech and crypto organizations aimed at driving the mainstream adoption of stablecoins. Spearheaded by Paxos and powered by the USDG stablecoin, the GDN is focused on fostering real-world utility through regulatory alignment, shared incentives, and scalable infrastructure. By integrating with GDN, Huma joins forces with members including Robinhood, Kraken, Nuvei, Anchorage, and Worldpay. The move deepens Huma’s role in the rapidly growing PayFi sector, as stablecoins like USDG emerge as the backbone of programmable finance, especially for cross-border payments and real-time financial settlements. “Stablecoins are ready to…
On June 3, 2025, Strategy (formerly known as MicroStrategy) introduced a new perpetual called Stride (STRD). The stock will allow investors to get a 10% yield from Bitcoin without buying it directly, while Strategy will get cash to buy more Bitcoin. The new stock received a mixed reception from the crypto community. What is Stride? Following the release of Strife and Strike, Strategy introduced a new preferred stock offering, Series A Preferred Stock Stride (STRD). Stride is a 10% noncallable non-cumulative perpetual. Its fixed dividend of 10% is above Strike’s 8% dividend, but has a lower seniority if compared to…
The Dego Finance token crashed by over 40% on Wednesday, wiping out all gains from the past few months and reviving memories of the recent Mantra collapse. Dego Finance (DEGO) plunged more than 40% on Wednesday, wiping out all gains from the past few months and reviving memories of the recent Mantra (OM) collapse. The sell-off triggered a wave of liquidations. According to CoinGlass, long positions worth more than $650,000 were liquidated, the highest on record for the token. The crash came after over $250,000 worth of DEGO tokens moved to exchanges, ending a ten-day streak of net outflows. DEGO’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Polygon, Polkadot investors on edge as prices dip while XYZVerse rockets in huge surge. XYZVerse is quickly turning heads in the memecoin arena with its bold trajectory — from a starting price of $0.0001 to a projected $0.1 target during its presale. With over $13 million already raised and the current price at $0.003333, the project is halfway to its goal. As the presale advances to Stage 13, the next price jump to $0.005 gives early adopters a rare…