šŸ” Market Summary

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Cobie’s ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation

Cobie’s ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation

Echo — the angel investing platform founded by popular crypto trader Jordan Fish, better known as Cobie — has launched a new initial coin offering (ICO) platform it first hinted at in February. Called Sonar, the platform goes live with Plasma's fundraise as its debut sale.Plasma, a blockchain purpos…

SharpLink launches Ethereum treasury, taps Joe Lubin as board chair

SharpLink launches Ethereum treasury, taps Joe Lubin as board chair

Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors, the company announced May 27.According to the announcement, SharpLink Gaming, a publicly traded company on Nasdaq, entere…

Ethereum flashes ā€˜altseason’ signal as ETH price eyes $4.1K

Ethereum flashes ā€˜altseason’ signal as ETH price eyes $4.1K

Key takeaways:Ethereum has reclaimed a key level that preceded 100%+ rallies and triggered past altseasons.Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.Despite bullish signals, ETH remains fragile, with $123B in supply near cost basis at risk …

Next Crypto to 1,000x as Strategy Buys More Bitcoin; Is Trump Media Raising $3B for Crypto?

Next Crypto to 1,000x as Strategy Buys More Bitcoin; Is Trump Media Raising $3B for Crypto?

Strategy did what Strategy does best – buy more Bitcoin. This, as rumors swirl that Trump Media is raising some $3B to buy more crypto, though the company later denied them.The initial rumors emerged from Trump’s hotly debated crypto dinner, where not everyone was pleased.As Trump continues to raise…

Standard Chartered sees Solana reaching $500 by 2029, but expects it to underperform Ethereum in the near term

Standard Chartered sees Solana reaching $500 by 2029, but expects it to underperform Ethereum in the near term

Standard Chartered Bank has initiated coverage on Solana, predicting the token will underperform Ethereum over the next two to three years due to its overreliance on memecoin trading, but expects SOL to rise from its current price of around $175 to $500 by 2029 — though with slower near-term upside …

Synthetix and Derive call off $27 million merger proposal

Synthetix and Derive call off $27 million merger proposal

Synthetix and Derive contributors mutually withdrew proposalsĀ forĀ a $27 million deal inĀ which Synthetix would acquire Derive (formerly Lyra), a decentralized options platform.In mid-May, Synthetix proposed to acquire Derive's treasury, technology, and product suite through a token swap to merge the …

Crypto ETFs Are Booming – But Best Wallet Proves Crypto Wallets Aren’t Just Insurance Policies

Crypto ETFs Are Booming – But Best Wallet Proves Crypto Wallets Aren’t Just Insurance Policies

ARK Invest’s Cathie Wood spilled her insights into crypto ETFs and wallets at the recently concluded Solana Accelerate event in New York. She said that while there can be no doubt the crypto wallet space is expanding at a breakneck pace, crypto ETFs are likely to hang on to their glory because of ho…

Ethereum Nears $2,800 Break-Even Zone: Why This Is Important For Rally To $3,000

Ethereum Nears $2,800 Break-Even Zone: Why This Is Important For Rally To $3,000

Ethereum’s recent price momentum, along with the rest of the market, kept investors on edge during the week as it pressed closer toward the $2,800 level. However, Ethereum struggled to push past $2,750 during the week, briefly hitting resistance as bulls tried to extend the current uptrend.Ā Interest…

Crypto ETFs Are Booming – But Best Wallet Proves Crypto Wallets Aren’t Just Insurance Policies

Crypto ETFs Are Booming – But Best Wallet Proves Crypto Wallets Aren’t Just Insurance Policies

ARK Invest’s Cathie Wood spilled her insights into crypto ETFs and wallets at the recently concluded Solana Accelerate event in New York. She said that while there can be no doubt the crypto wallet space is expanding at a breakneck space, crypto ETFs are likely to hang on to their glory because of h…

1.91% of ARB Tokens Will Be Unlocked on June 16th

1.91% of ARB Tokens Will Be Unlocked on June 16th

Arbitrum will unlock 92,650,000 ARB tokens on June 16th, constituting approximately 1.91% of the currently circulating supply.ARB InfoArbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to increase the scalability of Ethereum while preserving its decentralization an…

Bitcoin Whale Doubles Down With $1.25 Billion Long Bet on Hyperliquid

Bitcoin Whale Doubles Down With $1.25 Billion Long Bet on Hyperliquid

Crypto whale James Wynn has made headlines again after dramatically increasing his Bitcoin exposure. He placed a $1.2 billion long position on Hyperliquid, a decentralized derivatives exchange.This comes shortly after he closed out positions in Ethereum, Sui, and PEPE. The move signals a strategic s…

Ethereum Lost 3.78% to $2540.95 — Data Talk

Ethereum Lost 3.78% to $2540.95 — Data Talk

Ethereum is down $99.85 today or 3.78% to $2540.95Largest percentage decrease since April 10, 2025 when it dropped 8.79%Down three of the past four daysUp 41.6% month-to-dateDown 24.03% year-to-dateDown 47.06% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 31.92% fro…