🔍 Market Summary

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South Korean young people turning to crypto out of desperation

South Korean young people turning to crypto out of desperation

Cryptocurrency is booming in South Korea, but beneath the surface, the surge is driven less by optimism than by the economic desperation of its younger generation, according to a local expert. Crypto exchange users in South Korea have surpassed 16 million, according to data from late March, after re…

‘Patently false and irresponsible’: TikTok slams Rep. Sherman over $300 million Trump memecoin accusation

‘Patently false and irresponsible’: TikTok slams Rep. Sherman over $300 million Trump memecoin accusation

TikTok pushed back against accusations from Rep. Brad Sherman, D-Calif., that its owners were buying $300 million worth of TRUMP memecoins as a "bribe" in reference to its looming U.S. ban.Sherman made the allegation on Thursday night on X, referencing the bipartisan Protecting Americans from Foreig…

Arizona’s Senate revives bill seeking to create reserve fund from seized crypto

Arizona’s Senate revives bill seeking to create reserve fund from seized crypto

Arizona's lawmakers have revived a bill that would establish a reserve fund administered by the state to store and manage seized crypto assets.The bill, dubbed HB 2324, passed the Senate on Thursday in a 16-14 vote, moving it to the House for further consideration, according to the legislature's web…

Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up

Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up

Amid the geopolitical turmoil, Solana (SOL) has retraced 10% in the past week. Some analysts believe that the altcoin’s correction is about to end, but warned that a dip below a key support level might come first.Solana Eyes Key Retest Before BreakoutAfter retesting the $168 resistance last Wednesda…

Bitcoin Rises as Risk Sentiment Improves — Market Talk

Bitcoin Rises as Risk Sentiment Improves — Market Talk

0716 GMT - Bitcoin rises as news that President Trump would delay a decision on U.S. involvement in the Israel-Iran conflict improves risk sentiment. The White House said Trump would make a decision within the next two weeks. "Prior to this, several sources had pointed to a U.S. strike on Iran possi…

Macro Uncertainty Meets Market Balance in Bitcoin’s On-Chain Activity

Macro Uncertainty Meets Market Balance in Bitcoin’s On-Chain Activity

Bitcoin has held steady above $104K as the typically quiet summer months bring subdued activity and reduced volatility across the crypto market.This price consolidation, however, appears to reflect a balanced market as on-chain metrics point to neither excessive profit-taking nor aggressive accumula…

XRP Price Set for Breakout as Consolidation Phase Ends

XRP Price Set for Breakout as Consolidation Phase Ends

After hitting a new all-time high of $3.39 in January, XRP entered a prolonged phase of sideways movement. Now, according to a post by crypto analyst CasiTrades, the token has reached the apex of its consolidation zone, signaling that a major move could be imminent.XRP's Price Journey in 2025At the …

Project Eleven raises $6M to defend Bitcoin from quantum attacks

Project Eleven raises $6M to defend Bitcoin from quantum attacks

Project Eleven, a development firm focused on post-quantum cryptography, raised $6 million to help secure Bitcoin and other digital assets against future quantum computing threats.According to a Thursday announcement shared with Cointelegraph, the funding round was co-led by leading Web3 investor Va…

Fed's Hawkish Tone Stirs Placid Market — WSJ

Fed's Hawkish Tone Stirs Placid Market — WSJ

By Matt Wirz and Katy BarnatoThe Federal Reserve kept interest rates on hold Wednesday afternoon but Chair Jerome Powell and other members of the central bank struck a more hawkish tone than some investors expected, causing markets to wobble.Stock and bond prices were rising steadily until the midaf…

Bitdeer to offer $330M convertible notes to expand operations

Bitdeer to offer $330M convertible notes to expand operations

Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs.According to the announcement, the convertible n…

Senate Stablecoin Win Should Be Boosting Bitcoin, Other Cryptos. Why It's Not. — Barrons.com

Senate Stablecoin Win Should Be Boosting Bitcoin, Other Cryptos. Why It's Not. — Barrons.com

By Elsa OhlenBitcoin and other cryptocurrencies moved mostly sideways by midday Wednesday, as a crypto win in Congress wasn't enough to fend off worries about the Israel-Iran war.Bitcoin, the world's largest digital coin, traded largely flat over the past 24 hours to $104,590, according to CoinDesk …

ONDO To Repeat 2024’s ‘Parabolic’ Run? Analyst Anticipates 130% Rally Soon

ONDO To Repeat 2024’s ‘Parabolic’ Run? Analyst Anticipates 130% Rally Soon

Despite failing to break out of its downtrend, ONDO could be preparing for a surge above the $2 barrier. Some analysts suggest it could repeat its 2024 playbook if it continues to hold its current levels.ONDO Breakout Eyes $2ONDO, the native token of the tokenized real-world asset (RWA) platform Ond…