Author: John Smith

Trump-linked decentralized finance project World Liberty Financial is distributing 47 USD1 stablecoins to wallet addresses that participated in its presale. The airdrop was first flagged by blockchain analytics firm Lookonchain in a June 4 post on X, which noted that wallets involved in the WLFI token sale received 47 units of USD1. Several WLFI token holders on X have confirmed receiving the airdrop, which was conducted on the Ethereum (ETH) blockchain. The number 47 is believed to commemorate Donald Trump becoming the 47th President of the United States, giving the airdrop ceremonial significance beyond its dollar value. The airdrop was originally…

Truth Social’s parent company has filed for a spot Bitcoin exchange-traded fund, entering a competitive field of crypto investment products. According to a June 3 filing with the Securities and Exchange Commission, stock exchange NYSE Arca submitted a Form 19b-4 on behalf of Yorkville America Digital, the asset manager behind the proposed Truth Social Bitcoin (BTC) ETF. Yorkville is a partner of Trump Media & Technology Group, the operator of Truth Social and fintech platform Truth.Fi. The ETF aims to track the price of Bitcoin and list on NYSE Arca. While the filing didn’t disclose a ticker or management fee,…

U.S. stocks climbed Tuesday, buoyed by stronger-than-expected labor data and optimism around potential U.S.-China trade talks, which helped offset economic growth warnings from the OECD.  The Dow Jones Industrial Average rose 214 points, or 0.51%, while the S&P 500 gained 0.58%. The tech-heavy Nasdaq outperformed, rising 0.81%, powered by a rally in chip stocks led by Nvidia A surprise uptick in April’s job openings, reported in the JOLTS update, reassured investors about labor market resilience even as tariff hikes take hold. Openings rose to 7.39 million, setting a positive tone ahead of Friday’s May jobs report.  Hiring rates also increased,…

Some of the largest U.S.-based Bitcoin miners—CleanSpark, MARA, and Riot Platforms—released their May 2025 operational updates today, reporting solid gains. All three companies reported month-over-month gains in Bitcoin (BTC) production, infrastructure development, and strategic positioning in the post-halving market. CleanSpark produced 694 BTC in May and reached a hashrate of 45.6 EH/s, a 7.5% increase from the previous month. The company also announced it now holds 12,502 BTC, double its treasury from a year ago, with all reserves mined directly.  CleanSpark expanded its contracted power capacity to 987 megawatts and is on track to become the first public miner to…

Rocket Pool price has surged 29% in the past 24 hours to break above $6, with this coming amid a 150% spike in open interest. As several altcoins rose alongside Ethereum (ETH), holders of the native token of decentralized Etherum staking protocol Rocket Pool (RPL) witnessed an impressive 29% price increase. The 24-hour gains extended the uptick from support below $5 for RPL. Notably, the liquid staking protocol’s gains came with a massive 800% increase in daily trading volume. Data from Coinglass also showed Rocket Pool commanding a 150% jump in open interest. OI is a metric analysts use to…

Tether continues to expand its global presence and support for cryptocurrency adoption, with the stablecoin giant’s latest move being a strategic investment in Chile-based crypto exchange Orionx. Tether, the issuer of leading stablecoin Tether (USDT), announced its investment in the Chilean Chilean digital assets and infrastructure company on June 3, 2025. According to details, the investment is part of Orionx’s series A funding round, which Tether led. Orionx has operations across Latin America, offering its crypto cross-border payments solution in Chile, Peru, Mexico and Colombia. The funding will allow the platform to consolidate its operations in the region, Tether noted…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s rising supply pressures its price, while Unilabs gains traction with powerful tools for 2025 growth. Dogecoin supply on exchanges rises, signalling possible sell-offs and putting further pressure on the DOGE price. Whale movements suggest DOGE could face more volatility, prompting investors to seek alternatives. Unilabs gains momentum, offering AI-driven tools, passive income options, and a strong presale with over $1.9m raised. The increasing Dogecoin supply has raised concerns in the memecoin sector, further putting downward pressure on the…

U.S. stocks rose on Tuesday as the strong jobs report outweighed the OECD warning on the effects of the trade war. Strong jobs data has boosted U.S. stocks, reversing earlier declines. On Tuesday, the Dow Jones index rose 0.5% or 209 points, while the S&P 500 gained 0.52%. The tech-heavy Nasdaq rose the most at 0.81%. Stocks reversed declines from due to positive economic data. The Job Openings and Labor Turnover Survey update revealed that jobs openings rose in April, with 7.39 million new jobs at the month. This was an unexpected result, especially as U.S. “Liberation Day” tariffs took…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI hits bonus round after 15 presale stages, gaining momentum ahead of its AI-powered blockchain launch. Lightchain AI has reached a major milestone by entering its bonus round after successfully completing all 15 presale stages, signaling strong investor interest and growing momentum ahead of its July 2025 mainnet launch.  The project’s AI-native blockchain architecture features a purpose-built virtual machine and a consensus model that rewards meaningful computational work, attracting developers and investors focused on real utility. Meanwhile, Avalanche…

Zebec Network has posted a powerful bullish breakout after a prolonged accumulation phase, and the technical structure now suggests the potential for a major rally continuation. With key support levels now flipped and strong volume backing the move, this could mark the beginning of a significant upside expansion. Zebec Network (ZBCN) has transitioned from a long-standing consolidation into a bullish expansion phase. After trading within a tight range, price action finally broke above high-timeframe resistance, initiating a strong breakout supported by volume surges and bullish engulfing candles. This momentum shift has attracted trader interest, with eyes now on higher extension…