In search of speculative momentum, traders are increasingly drawn to early-stage tokens like Bitcoin Pepe. The upcoming $5 billion payout from the FTX Recovery Trust could be a shot in the arm not just for major cryptocurrencies but also for speculative plays like Bitcoin Pepe. So far, the project has raised more than $12.7 million, with its token, BPEP, currently priced at $0.0396. Bitcoin (BTC) and Ethereum (ETH) dropped 2.5% and 5%, respectively, on Saturday after US President Donald Trump accused China of breaching its trade deal with the United States, reigniting concerns over escalating trade disputes. The market…
Author: cryphedge
Share Last updated: May 30, 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 industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Key Takeaways: New York City Comptroller Brad…
Cardano faces challenges as Toncoin rises sharply. Market movements suggest a potential shift in the cryptocurrency landscape. With one asset dipping and another gaining momentum, the upcoming trends could be pivotal. This article explores which coin might steer the next market direction and provides insights into their recent performances. Cardano Overview: Shifts and Key Price Levels Cardano experienced a modest monthly gain of about 1.87% while facing a sharp six-month decline of nearly 34.30%. The coin also saw a significant weekly drop of around 12.36%, indicating substantial short-term pressure amid longer-term struggles. Price fluctuations between $0.55 and $0.78 demonstrate notable…
The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million.The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, for his role in overseeing operations that provided critical infrastructure for the scams, including IP address leasing, domain generation, and web hosting services used by cybercriminals.Deputy Treasury Secretary Michael Faulkender said:“Today’s action underscores our focus on disrupting the criminal enterprises, like Funnull, that enable these cyber…
Bitwise data shows Bitcoin’s 60-day correlation with US 10-Year Treasury Futures has hit an all-time low. The decoupling suggests investors may move away from bonds and turn to Bitcoin amid economic uncertainty. A recent chart shared by Bitwise reveals that the correlation between Bitcoin and US 10-Year Treasury Futures has fallen to a record low. This development has drawn attention across the financial sector, suggesting that investors may change course as market uncertainty persists into 2025. Investors Rethink Traditional Bonds as Bitcoin Stands Apart The chart, posted by MartyParty on social media on May 29, 2025, shows Bitcoin’s 60-day rolling…
Today, the cryptocurrency market experienced a dip, with Bitcoin and alternative cryptos recording price decreases. BTC is currently standing at $105,089, down 2.7% from yesterday while ETH hovering at $2,617, down 4.0%. This depressed market condition is also being witnessed in the performance of today’s top crypto gainers as highlighted by new data from CMC. Top crypto gainers today DeXe (DEXE) DeXe (DEXE) emerged as the top performer in today’s crypto market with a price growth of 12.02% gained in the last 24 hours. Its price currently trading at $14.25, with a 513.30% increase in trading volume, a confirmation of…
Ever since the start of the week, the Bitcoin price has been facing significant bearish pressure as the selling pressure continues to mount over the markets. Moreover, the price dropped below the crucial support in the early trading hours and has failed to reclaim the lost levels, which indicates a tight bearish hold over the token. However, the market sentiments remain largely bullish, which suggests the BTC price could rise after the ongoing correction. The Bitcoin’s recent drop isn’t directly attributed to a court decision on tariffs but rather to President Donald Trump’s announcement of imposing tariffs on Canada and Mexico.…
Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to trade XRP and Solana futures alongside established assets like Bitcoin and Ethereum, which Coinbase already supports with round-the-clock trading. The exchange launched 24/7 perpetual futures trading for Bitcoin and Ethereum earlier this year. At the time, Coinbase emphasized that its futures product was built in…
Livepeer price rose 150% to hit $14.15 on Friday, May 30, 2025. LPT defied downtrend for top coins such as Bitcoin that dipped to $105k. Other tokens such as Pocket Network, White Rock, and Numeraire also soared. Livepeer is among the few altcoins to rip on Friday as the market witnessed another bout of sell-off trades that pushed Bitcoin to $105k. The LPT token, native to the decentralized AI protocol Livepeer, spiked an impressive 150% to rank alongside the likes of Pocket Network, White Rock, and Numeraire as leading performers in the past 24 hours. Why did Livepeer’s price skyrocket…
Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in… Share Last updated: May 29, 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 industry…
