Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: June 3, 2026 Cardano News: TapTools, the primary blockchain analytics hub for the Cardano ecosystem, is shutting down within two weeks after losing its fifth senior executive in 2026, a news of leadership collapse that left the platform unable to maintain operations at scale.Founded in 2022, TapTools has become the default reference tool for ADA traders tracking…
Author: cryphedge
Ethena (ENA) jumped nearly 20% after the Coinbase open-market token purchase news. Anchorage deal expands Ethena into institutional lending markets. The next key resistance level sits at around $0.1367. Ethena’s ENA token has recorded a sharp intraday jump of about 19.5%, pushing the price to roughly $0.1025 at press time. The sudden rebound has brought Ethena back into focus, especially as trading activity surged to more than $410 million in 24-hour volume, signalling a clear spike in market participation. While the broader trend remains down over longer timeframes, the short-term price action reflects a strong shift in sentiment tied to…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 3, 2026 On-chain data confirmed that the Zcash network is down, it has…
The crypto landscape is experiencing a decline, based on the latest 24-hour data. Hence, the total crypto market capitalization has reached $2.42T, representing a 2.48% decrease. However, the 24-hour crypto volume has surged by 76.12%, hitting $113.54B. At the same time, the Crypto Fear & Greed Index stands at 31 points, highlighting “Fear” among the market participants. Bitcoin ($BTC) Drops by 4.87%, and Ethereum ($ETH) Sees 6.24% Decrease The leading crypto asset, Bitcoin ($BTC), is currently changing hands at $66,973.64. This price level indicates a 4.87% dip, while Bitcoin’s ($BTC) market dominance is 58.4%. In addition to this, the top…
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower.Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.8 billion in liquidations and wiping out bullish leverage that had built around hopes of a quick recovery.Crypto Market Liquidation (Source: CoinGlass)This failed rebound has pushed traders toward protection at levels that only recently looked distant.Options positioning now shows demand building around the $60,000 and $50,000 strikes, a sign that…
FX settlement is splitting in two directions at once: regulated stablecoins are moving closer to production in major currencies, while payments and remittance networks keep searching for cheaper, always-on rails. If yen and sterling stablecoins are next to scale, which blockchain is positioned to catch the flows? Stellar is suddenly back in the conversation. In early June, MoneyGram unveiled an on-Stellar USD stablecoin, MGUSD, with a roadmap into its global cash-in/cash-out footprint, while DTCC selected Stellar as the first public chain to connect to its tokenized securities settlement initiative. A growing payments stack is forming around the network. The question…
Shiba Inu (SHIB) is following the market-wide correction, facing a steep crash across all time frames. CoinGecko’s Shiba Inu data shows that SHIB has fallen by 2.9% in the daily charts and 16.3% over the previous month. If you look at the charts, the memecoin is struggling to hold on to the $0.000005 price level. This is the lowest it has fallen to in a long time. Let’s discuss if you should sell your Shiba Inu (SHIB) holdings after the latest price crash.Source: CoinGeckoShould You Sell Your Shiba Inu After The Price Crash?Source: Watcher.GuruA majority of Shiba Inu (SHIB) holders…
The cryptocurrency market crash has deepened, with XRP falling to the $1.2 price level. CoinGecko’s XRP data shows that XRP’s price has dipped by 5.7% in the daily charts and 14.3% over the previous month. XRP last traded at around this price level in early February of this year. With volatility high, let’s discuss what’s pulling the market down and how much lower XRP’s price could go.Source: CoinGeckoWhy Is XRP’s Price Crashing And How Low Could It Go?Source: CryptoNewsXRP’s latest correction comes amid a market-wide dip. Bitcoin (BTC) fell to the $65,000 price level earlier today. Most other assets are…
Michael Saylor’s Strategy sold 32 BTC during the May 26-31 period, generating approximately $2.5 million to fund distributions for preferred stock. This information emerged right before Bitcoin slid back to the $70,000-$71,000 range. What caught the market’s attention was not the scale of the transaction, but the fact that Strategy sold BTC for the first time since 2022, after years of associating its image with Saylor’s “never sell” strategy.The First Sale Since 2022According to the Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on June 1, Strategy sold 32 BTC during the May 26-31 period, netting about…
Artificial intelligence is advancing rapidly, but the industry faces a major challenge: access to computing power. Training and running modern AI models requires enormous amounts of hardware, particularly high-performance GPUs, which are largely controlled by a handful of major cloud providers. This concentration of resources has made AI development increasingly expensive and difficult for smaller teams to access.Gensyn aims to solve this problem by creating a decentralized infrastructure network for AI. By connecting unused computing resources from around the world, Gensyn seeks to build an open marketplace where developers, researchers, and AI agents can access the compute power they need…
