Author: John Smith

Ripple is making strides in the lawsuit brought by the U.S. Securities and Exchange Commission, the RLUSD stablecoin has noted adoption and the firm’s partnerships are driving utility for XRP through the XRPLedger in 2025. XRP’s latest boost comes from two institutional giants’ interest in buying XRP and holding it as a treasury asset.  XRP bullish catalysts  While XRP-based investment products recorded over $28 million in outflows last week, year-to-date flows stand at $198 million, the third-highest level among tops cryptos. Bitcoin and Ethereum rank in the top two.  Relatively high year-to-date flows could act as a catalyst for XRP…

United States authorities have launched a forfeiture action to seize millions in crypto funneled to North Korea through a global network of fake IT workers embedded in blockchain firms. According to a June 5 statement from the U.S. Department of Justice (DOJ), the agency is seeking to confiscate over $7.74 million in digital assets allegedly earned through illicit employment and laundering schemes designed to evade U.S. sanctions. The funds were initially frozen in April 2023 following the indictment of Sim Hyon Sop, a North Korean Foreign Trade Bank representative based in China, accused of conspiring with DPRK IT workers to…

The ongoing controversy involving the Trump family and a recently launched crypto wallet is heating up, with legal action now underway. World Liberty Financial (WLFI), the DeFi venture backed by Donald Trump and his family, has issued a cease-and-desist letter to creators of the controversial wallet tied to the president’s crypto brand, according to a June 5 Bloomberg report. The letter was addressed to Fight Fight Fight LLC, the firm behind Trump-themed memecoin issuer ‘GetTrumpMemes.’ Earlier this week, the company announced the wallet launch in partnership with crypto service provider Magic Eden.  WLFI’s legal move follows a series of public…

Solana is a blockchain platform designed to be fast, efficient, and affordable. Think of it as a public ledger where transactions are recorded, similar to Bitcoin or Ethereum, but with a major focus on speed and scalability. It is especially popular for its low transaction fees and high transaction throughput, making it ideal for applications like decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized apps (dApps). In simple terms, Solana aims to solve some of the problems faced by other blockchains, such as slow transaction speeds and high fees. For example, while Bitcoin or Ethereum can process only a handful…

Maxbid Pro is the first fully on-chain leverage trading platform for meme coins. Maxbid allows users to borrow liquidity and trade tokens with real collateral. This platform specializes in small to medium market cap meme coins. We explored its offerings to understand its potential, limitations, and unique features and we will undergo a comprehensive, detailed review of Maxbid Pro. Getting Started: Easy and Decentralized Setting up was straightforward, as Maxbid Pro integrates with Wallet Connect. It allows users to log in without creating an account. I connected my Phantom wallet, deposited some SOL for transaction fees, and was ready to…

Momentum, a decentralized exchange built on the Sui blockchain, has secured a strategic funding round at a $100 million valuation led by OKX Ventures. Momentum, a ve(3,3) DEX on Sui, has announced the successful completion of a strategic funding round valued at $100 million. The round was led by OKX Ventures and included participation from Coinbase Ventures, Protagonist, DNA Fund, Gate Ventures, MEXC Ventures, and KuCoin Ventures. The newly raised capital is intended to help scale platform operations, increase liquidity depth, and support the development of new product features aimed at both retail and institutional users. The latest round follows…

Lending platform Maple Finance has expanded to the Solana blockchain, introducing its yield-bearing stablecoin syrupUSDC to one of the fastest-growing ecosystems in crypto. The expansion, which was announced in a blog post on June 5, has up to $500,000 in incentives and is backed by $30 million in liquidity. By joining Solana’s (SOL) fast and affordable network, Maple Finance (SYRUP) aims to provide users throughout the ecosystem with institutional-grade lending tools and consistent yields. syrupUSDC offers a fixed yield of approximately 6.5% and can be bridged from Ethereum (ETH). Chainlink’s (LINK) cross-chain interoperability protocol, which launched on Solana’s mainnet on…

The Hong Kong Special Administrative Region Government announced that it will start implementing its landmark Stablecoin Ordinance in August this year. According to the official notice, the region’s stablecoin regulations will come into effect starting on August 1, 2025. Once it is formally implemented, businesses would need to obtain licenses in order to issue stablecoins tied to the Hong Kong dollar or operating in the region. First drafted last May 2025, the bill has evidently been accelerated to advance the region’s budding crypto industry. The main purpose behind the new stablecoin bill, stated in the announcement, is to ensure that…

Aave (AAVE), a prominent decentralized finance (DeFi) lending protocol, is currently trading around $247.41, reflecting a 6.6% decline over the past 24 hours. The price has moved within a daily range of $241.46 to $266.32. In this article, we will look at Aave next target by looking at technical indicators and latest news. For on-demand analysis of any cryptocurrency, join our Telegram channel. AAVE Next Target Current Price: $247.41 24h Price Change: –6.6% 24h Range: $241.46 – $266.32 Market Cap: ~$3.77 billion 24h Trading Volume: ~$472 million Circulating Supply: ~15.15 million AAVE Max Supply: 16 million AAVE Price had a bullish breakout from Channel Down…

Every time the Bitcoin Super Signal flashed before, markets surged. Now that it’s back, is it signaling latent momentum. Bitcoin’s quiet volume may be its loudest signal yet Bitcoin’s (BTC) price has eased slightly since reaching a peak of $111,970 on May 22, pulling back to around $103,300 as of June 6, a decline of approx 8%. Bitcoin price chart | Source: crypto.news Despite the drop, institutional appetite appears to remain intact. U.S. spot Bitcoin ETFs recorded around $5.24 billion in net inflows during May, suggesting that investor interest has not diminished with the slowdown in price momentum. Meanwhile, sentiment…