TON Struggles Against $3.24 Resistance Level, Settles at $3.18
The cryptocurrency market is experiencing heightened volatility amid escalating global economic tensions, with Telegram-linked token TON consolidating after reaching key resistance levels. Recent price action shows TON-USD struggling to establish momentum above the $3.24 resistance zone, where significant selling pressure emerged with above-average trading volumes. Even so, TON has...
Read More
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
Bitcoin miner Riot Platforms (RIOT) reported on Tuesday strong production growth in May, mining 514 BTC — an 11% increase from April and a 139% jump compared to the year-ago level. The company sold nearly all the new bitcoin, generating $51.3 million in proceeds at an average price of...
Read More
SUI Surges 5% Before Erasing Gains Amid Crypto Volatility
SUI SUI, the native token of the layer-1 blockchain, broke out from consolidation, climbing from $3.27 to $3.39, showing 5.2% volatility range amid increased trading volume earlier on Tuesday. Geopolitical tensions and ongoing trade disputes between major economies are creating market uncertainty, with SUI’s price action reflecting broader market...
Read More
Symbiotic Launches ‘Relay’ to Bring Secure Staking Across Chains
Symbiotic, a universal staking protocol and EigenLayer rival, has launched Relay, a software development kit (SDK) that allows protocols to stake assets on Ethereum and verify that stake across any blockchain. Staking is a system for securing blockchains in exchange for rewards. In staking systems, so-called validators commit callateral...
Read More
Today’s Corporate Bitcoin Holders Could be Tomorrow’s Forced Sellers: StanChart
Corporate bitcoin BTC treasuries are adding to buying pressure at the moment, but a sharp drop in the price of the world’s cryptocurrency could lead to forced liquidations, Standard Chartered analyst Geoff Kendrick said in a research report on Tuesday. As many as 61 publicly listed companies have adopted...
Read More
XRP Surges 3% as Global Tensions Boost Cross-Border Payment Utility
XRP climbed 3% over the past 24 hours, defying broader market volatility as geopolitical tensions continue to rattle investors. The token rose from $2.157 to $2.222, driven by strong technical momentum and surging on-chain activity that saw over 500 million tokens transacted in a single day. News Background Rising...
Read More
Shiba Inu Bull Momentum Limited After Buyers Offered Support
The shiba inu (SHIB) token is trading higher but strong momentum is lacking despite buyers’ efforts to establish strong support. SHIB has established strong support base between $0.00001265 and $0.00001270 in the past 24 hours, with technical patterns suggesting potential for continued upward momentum. Geopolitical tensions and shifting trade...
Read More
British Pound-Linked Stablecoin Unveiled at BCP Technologies
BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory ambit. The launch of tGBP follows a 14 month review including one month participation in the FCA regulatory Sandbox,...
Read More
Mintable unveils green NFT card game at Singapore climate festival
Mintable is set to launch NFT collectibles as part of its interactive Eco Trail Treasure Hunt ahead of the country’s annual Youth4Climate Festival 2025, as part of the Singapore Sustainability Festival. The Singaporean NFT marketplace is preparing to launch five…...
Read More
Dow Jones slips while S&P 500, Nasdaq gain as OECD cuts global growth outlook
U.S. stocks opened largely flat as investors weighed the latest economic growth outlook from the Organization for Economic Co-operation and Development The Dow Jones Industrial Average was down 41 points after swinging negative at the open, while the S&P 500…...
Read More