Solana Reverses Gains After Failed Rally Sparks Heavy Selling

Solana (SOL) faced renewed downside pressure after multiple failed attempts to break above the $158–$159 resistance zone. Sellers took control during the 13:00 hour, where volume surged past 1.1 million, breaking through the $153.10–$153.30 support region and accelerating the bearish momentum. Despite a modest recovery attempt, SOL remains on the back foot, trading just above … Read more

Metaplanet Acquires 1,088 More Bitcoin, Bringing Total Holdings to 8,888 BTC

Bitcoin MagazineMetaplanet Acquires 1,088 More Bitcoin, Bringing Total Holdings to 8,888 BTC Metaplanet, Japan’s leading Bitcoin treasury firm, has purchased an additional 1,088 Bitcoin for approximately ¥16.89 billion at an average price of ¥15,519,019 per BTC. This acquisition raises the company’s total Bitcoin holdings to 8,888 BTC, with a cumulative purchase cost of ¥122.27 billion … Read more

How James Wynn’s $100M Implosion Is Familiar Leverage Tale

Derivatives trader James Wynn emerged out of the woodworks a few weeks ago, flaunting 9-figure bitcoin positions on HyperLiquid as he went on a seemingly undefeatable run that culminated in around $100 million worth of profit. But that run, as is often the case with highly-leveraged crypto derivative trading, came to a shocking end — … Read more

ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds

Ethereum continues to demonstrate notable resilience amid growing economic headwinds, maintaining its footing above the $2,500 support level despite intensified market volatility. The asset rebounded sharply from $2,472.84 to a session high of $2,547.92, with price currently holding near $2,514. Technical momentum remains intact as higher lows persist, supported by strong demand around the $2,486-$2,490 … Read more

$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK

Cryptocurrency investors lost more than $300 million to scams, hacks and exploits in May, according to blockchain security firm CertiK. The majority of those losses were related to code vulnerability exploits, which accounted for $229 million — a 4,483% rise on April. Phishing, which involves an attacker stealing a user’s trading account or wallet credentials, … Read more

Stablecoin Protocol USDT0 Aims to Bring Tokenized Gold Closer to DeFi

Stablecoin protocol USDT0 is giving tokenized gold a crypto native spin, aiming to make the world’s oldest stores of value compatible with decentralized finance (DeFi) applications. The platform is introducing the XAUT0 token, which builds on Tether Gold (XAUT) but integrates an omnichain architecture to expand its utility for trading and as collateral on lending … Read more

Tokenized Securities Trading Venue 21X Adds Circle’s USDC Stablecoin

Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany’s financial watchdog BaFin, has integrated Circle’s USDC stablecoin as a key settlement currency on the platform. The USDC integration is part of 21X’s mission to build a multi-currency, MiCA-aligned, open market environment for institutional trading of tokenized securities, the company said … Read more

ATOM Breaks Out of Consolidation Pattern Amid Volume Spike

Global economic uncertainties continue to ripple through cryptocurrency markets as nations navigate an increasingly complex trade landscape. ATOM has demonstrated remarkable resilience amid these tensions, maintaining critical support levels despite broader market volatility. The Cosmos ecosystem, known for its interoperability solutions, faces both challenges and opportunities as global economic realignments potentially reshape blockchain development priorities … Read more

We Can’t Regulate Our Way to Crypto Leadership. We Still Need Science

The following open letter was written by Dan Boneh (Stanford), Joseph Bonneau (NYU), Giulia Fanti (Carnegie Mellon), Ben Fisch (Yale), Ari Juels (Cornell), Farinaz Koushanfar (U.C. San Diego), Andrew Miller (University of Illinois at Urbana Champaign), Ciamac Moallemi (Columbia), David Tse (Stanford), Pramod Viswanath (Princeton). Here’s a multiple choice question. Algorand, Arbitrum, Avalanche, Axelar, Babylon, … Read more

NEAR Struggles to Break Free From Bearish Momentum Despite Support

NEAR Protocol has been caught in the crosscurrents of global economic uncertainty, with its price action reflecting broader market turbulence as investors navigate complex geopolitical developments. The cryptocurrency experienced significant volatility over the past 24 hours, establishing a trading range between $2.38 and $2.49. The token’s performance mirrors the tension in traditional markets, where escalating … Read more