Three signs that XRP price risks falling below $1 in June
XRP is forming head-and-shoulders and bear flag setups on its shorter-timeframe chart, both indicating a dip below $1 in the coming days. Source: cointelegraph.com Read Full Story
Solana
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Privacy returns to focus as Ethereum developers explore new token standards
In this week’s edition of The Protocol Newsletter, we’re looking at where privacy is headed in the Ethereum ecosystem. Source: www.coindesk.com Read Full Story
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Experts Suggest No Altcoin Season Until Money Printing Returns
Altcoins are trading like trophy assets, and crypto remains far from an altcoin season, according to traders Crypto Kid and Player1Taco on the BeInCrypto Market Intelligence Expert Council. The market data agrees with them. The Altcoin Season Index reads 49, a level that signals Bitcoin dominance rather than a broad altcoin rally. Altcoin Season Index…
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FTX Founder Sam Bankman-Fried Has Formally Filed for a Pardon From President Trump
President Trump previously ruled out a pardon for Sam Bankman-Fried—but the FTX founder has applied for one anyway. Source: decrypt.co Read Full Story
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Bitcoin risks new ‘purge’ with bear-market losses still $35B below 2022 total
Bitcoin realized losses remained below the $211 billion tally from 2022, leading to a prediction that the next bear-market bottom was not yet in. Source: cointelegraph.com Read Full Story
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Meta is paying creators in Stablecoins. Spending them is someone else’s problem
Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency. Source: www.coindesk.com Read Full Story
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DGrid AI Reports $20 Million in Revenue Ahead of Token Launch
Decentralized artificial intelligence network DGrid AI generated $20 million in revenue in its first six months, giving the project a paid-user base ahead of its planned DGAI token launch. Revenue came through the Genesis premium program, which has attracted more than 13,000 paid users with an average revenue per user of $1,580. DGrid also reports…
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Crypto VC deal count slumps to five-year low as investors grow more selective
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021. Source: www.theblock.co Read Full Story
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As Oil Moves Higher, Bitcoin Sinks to Lowest Price Since March
Bitcoin fell to a more than two-month low alongside U.S. stocks after Middle East skirmishes pushed bond yields and oil prices higher. Source: decrypt.co Read Full Story
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Bitcoin gets new $50K target after BTC price crashes 6% in a day
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Source: cointelegraph.com Read Full Story
