Memecoin fever just won’t quit, and analysts argue that Shiba Inu (SHIB) and PEPE may not be done printing eye-popping rallies. With gas fees on Ethereum surging again and Robinhood reporting a 27 % jump in meme-token volumes last month, traders say the stage is set for another melt-up, if risk appetite stays alive. Shiba Inu: Layer-2 Catalyst and Supply Burn The live SHIB price is hovering near $0.000012 while daily volume holds around $136 million. Two drivers underpin bullish calls. First, Shibarium’s on-chain stats reveal that the Layer-2 now processes more than 820,000 transactions a day—double April’s pace. Second,…
Author: cryphedge
AAVE hovered just below $300 after bouncing from $213, shaking out short sellers hard. Open interest jumped 15% as traders leaned bullish, eyeing $305.71 as the next major target. Aave (AAVE) climbed 1.28% on Wednesday, extending its previous day’s 3.45% gain. The recent uptick brought the token near the $300 zone, driven by rising market optimism and a surge in activity across the broader decentralized finance space. Data from DeFiLlama shows Aave’s total value locked (TVL) reached a record $26.49 billion, setting a new high for the lending protocol. Source: DeFiLlama That TVL boost followed rising market engagement, with total…
Donald Trump Jr. has sparked fresh interest with a $4 million stake in Thumzup Media Corp., a little-known Los Angeles startup navigating the crowded world of social media and advertising tech. Thumzup, which pays everyday users to promote brands on Instagram, hasn’t made much noise financially as it reported just $151 in revenue and over $2 million in losses in the first quarter of 2025. Still, the company has become a curious symbol of a rising trend: businesses stockpiling cryptocurrency as part of their corporate strategy. Trump Jr.’s 350,000 shares’ worth move seems less about short-term earnings and more about…
The tech-savvy crypto community is abuzz with talk of Ruvi AI (RUVI), a token that has rapidly garnered attention from smart investors. Combining blockchain with artificial intelligence (AI), Ruvi AI is making waves thanks to its transparent foundation, strategic growth model, and early investor perks. With $2.2 million raised, over 180 million tokens sold, and a growing holder base of 2,000+ investors, Ruvi AI is being positioned as a standout for exponential returns in 2025 and beyond. Its audited credibility and early bonuses further cement its place as a frontrunner in the crypto sphere.Security and Transparency Build Investor Confidence For investors,…
Journalist Tanzeel Akhtar Journalist Tanzeel Akhtar About Author Tanzeel Akhtar is a seasoned journalist who has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal,… Share Last updated: July 9, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to…
The move would give digital asset firms access to tax breaks and state funding. Dunamu paid ₩24 billion in taxes after losing venture status in 2018. Policy is part of President Lee’s pro-crypto economic strategy. South Korea is moving to formally recognise crypto businesses as venture companies, a decision that could give the industry access to tax relief, government-backed loans, and startup funding for the first time. The Ministry of SMEs and Startups has introduced a proposal to reclassify virtual asset firms, removing them from a list of restricted industries that includes gambling and nightlife. If passed, the policy would…
Author Jimmy Aki Author Jimmy Aki About Author Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news… Share Last updated: July 9, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain…
The post POL (prev. MATIC) Breaks Out: Is It Time to Go Long? appeared first on Coinpedia Fintech News The recent surge in the price of POL, previously known as MATIC, has caught the attention of both retail investors and long-term traders. With the price breaking above a key resistance zone ahead of the highly anticipated Heimdall upgrade, the market sentiment is shifting. With this, the question arises whether the current breakout can be considered as a genuine opportunity to take up long or just a short-term upswing. Heimdall v2 Upgrade on July 10, 2025 One of the key bullish…
Solana-based memecoin, Bonk (BONK), is currently the best-performing cryptocurrency in the weekly charts among the top 100 projects by market cap. The dog-themed crypto has rallied by 52.1% in the weekly charts, 52.5% in the 14-day charts, and 38.4% over the previous month. Despite the rally, the memecoin is down by 4.9% in the daily charts and 17.5% since July 2024. Source: CoinGecko What’s Pushing BONK’s Price? Source: NFT Evening Several bullish speculations around BONK may be pumping its price. There are rumors that Tuttle Capital may apply for a 2x leveraged ETF based on the memecoin. An ETF approval…
New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework.The move forms part of a broader strategy to tighten regulations around financial crime while reducing compliance burdens for legitimate businesses.In a statement released on July 9, Associate Justice Minister Hon. Nicole McKee confirmed that the cabinet plans to introduce new legislation to strengthen enforcement powers for law enforcement and regulatory agencies.The upcoming bill will target “serious financial crime” by making it harder to move funds into the “digital economy”.McKee said:“This Government is serious…
