Raydium (RAY) faced a sharp market pullback as its price declined to $2.33, marking a daily drop of 7.31%. This sudden downturn erased significant value, driving its market capitalization to $675.23 million. The decline represents a 6.34% contraction in market value. With an unlocked market cap of $1.31 billion, Raydium’s
Dogecoin is testing crucial support near $0.1869 as the largest meme coin by market cap struggles with broader altcoin weakness. Trading around $0.19, DOGE has declined nearly 14% over the past week, with traders watching whether the 23.60% Fibonacci retracement level will hold or break. The current support level aligns
Michael Saylor’s Strategy has purchased 705 more bitcoins for $75.1 million. The acquisition occurred between May 26 and June 1, as per an SEC filing published on June 2. The coins were bought at an average price of $106,495 each, during a week when Bitcoin dropped to an intraweek low
Bitcoin increased slightly on Saturday after the U.S. Federal Reserve Chair Jerome Powell made a speech but remained silent about the economic direction of the country. BTC recovered from a low of $103,700 and remained above $104,000, with traders now waiting to see a surge towards $105,000. Trump, Tariffs, and
Ethereum is developing a bullish cup-and-handle pattern on its daily chart while maintaining support above the 200-day exponential moving average at $2,457. Currently trading around $2,509, ETH continues consolidating within a defined range as traders watch for potential breakout signals above key resistance levels. The cup formation has taken shape
The brief correction has triggered the crypto market cap to a range of $3.27 trillion. The asset’s prices could enter the bullish zone if the spike is sustained. Notably, the largest asset, Bitcoin (BTC), trades at $103.8K, while the altcoin, Ethereum (ETH), hovers at $2.5K. Monero (XMR) has shifted gears
A Bank of America executive opined that the value of the US dollar may continue to decline in the coming months. The US dollar index has already dropped significantly this year. A further decline will result in a significant shift in the markets of dollar-denominated assets like Bitcoin and gold.
Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, marking the seventh consecutive week of gains, according to CoinShares’ June 2 report. The surge was led by Ether (ETH), which saw its strongest investment inflow since December 2024. ETH ETPs Outshine Bitcoin in a Volatile Week Ether ETPs
The Central Bank of Singapore has ordered the crypto service providers of the nation that do not hold a Digital Token Service Provider (DTSP) license to hold overseas operations by June 30. This measure is taken to tighten regulatory oversight and safeguard its increasing pool of retail crypto users of
ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the
