On Friday, President Trump gave a send-off to Elon Musk in the Oval Office as the billionaire now shifts his attention back to his businesses. Musk, wearing a black outfit and sporting a noticeable black eye, stood beside the president during a joint news conference. The gathering was meant to signal that Trump continues to support the billionaire entrepreneur. During the event, the president presented Musk with a golden key and described him as someone who has endured “slings and arrows,” suggesting that public criticism of Musk has been unfair. “He had to go through the slings and the arrows, which is a shame,” Trump said. Trump bids Elon Musk farewell. Source: FOX 35 Orlando In recent months, Tesla has faced protests, acts of vandalism, and a steep decline in its stock price. Many of these challenges have followed Musk’s growing involvement with DOGE and cost-cutting efforts. By publicly endorsing Musk, Trump aimed to show that he stands firmly behind the man who played a significant role in his own political comeback. The relationship between Trump and Musk, however, was not always smooth. At one point, Musk suggested that Trump should not run for office. In response, Trump even posted on social media in 2022 that he “could have said, ‘Drop to your knees and beg,’ and he would have done it.” Despite that rocky start, the two eventually found common ground. Elon Musk donated generously to Trump’s political campaign and offered praise on social media. In turn, President Trump allowed Musk to be involved in various federal agencies without much resistance. In February, he even took to the stage at the Conservative Political Action Conference carrying a chainsaw, saying it was “easy” to “save billions of dollars sometimes in, in an hour.” That display drew attention, but in practice, Musk’s team did not come near to achieving the goal of cutting $1 trillion from the federal budget. Musk admits that cutting costs was far more difficult than he had anticipated By Friday, however, Musk admitted that identifying and securing huge savings proved far more difficult than he had anticipated. Standing alongside Trump, he described the task of reviewing government spending as “extraordinarily time-consuming and difficult,” involving careful scrutiny of countless line items. “It’s mostly just a lot of hard work,” he said. Even though Musk was stepping away from his formal role in DOGE, both men insisted the effort would continue. Trump noted that Musk had “installed geniuses with an engineering mindset and unbelievably talented people in computers” to carry on the work in multiple agencies. “Elon is really not leaving,” the President said. “He’s going to be back and forth. I have a feeling it’s his baby.” Musk reiterated that the cost-cutting effort is far from over Musk promised that DOGE will achieve $1 trillion in cuts eventually, even though the DOGE website currently lists $175 billion in proposed cuts. “This is not the end of DOGE, but really the beginning,” he said, likening the effort to a way of life, “like Buddhism.” During the news conference, a reporter asked Musk about a recent report in The New York Times suggesting he had been using drugs more heavily than was previously known. Musk did not address the report’s specifics, instead criticizing the newspaper’s credibility and saying, “Let’s move on.” Another question focused on Musk’s black eye. He explained that it was the result of roughhousing with his 5-year-old son, X. “I said, ‘Go ahead, punch me in the face,’” Musk recalled. “And he did.” His answer drew laughter and eased the tension in the room for a moment. Toward the end of the session, Musk rejoined the discussion to criticize federal judges who have upheld limits on the administration’s power. He accused judges of “immense judicial overreach that is unconstitutional.” “It needs to stop,” he said. “It’s gone too far.” KEY Difference Wire helps crypto brands break through and dominate headlines fast
A sweeping U.S. crackdown has exposed a massive crypto scam network based in the Philippines and linked to China, with Funnull fueling $200 million in fake investment fraud. Treasury Targets China-Backed Philippine Crypto Scam—FBI Wants Victim Info The U.S. Department of the Treasury took decisive action on May 29 by sanctioning Funnull Technology Inc., a
On May 31, **COINOTAG News** reported significant activity within the cryptocurrency market, highlighting a **newly established wallet** that recently executed substantial withdrawals from **Binance**. According to data from **Onchain Lens**,
On May 31st, COINOTAG News reported that SharpLink Gaming has filed a Form S-3 ASR with the U.S. SEC, effectively moving forward with an At-The-Market (ATM) sales agreement with A.G.P.
The FBI investigates crypto fraud linked to FUNNULL, highlighting "pig butchering" tactics. Victims have lost an average of $150,000, involving numerous fraudulent websites. Continue Reading: FBI Targets Crypto Scam to Protect Your Investments from Fraudsters The post FBI Targets Crypto Scam to Protect Your Investments from Fraudsters appeared first on COINTURK NEWS .
Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new all-time high (ATH) of $111,980, prompting several crypto analysts to forecast even higher prices in the near term. Bitcoin Rally Far From Over, Data Suggests According to a recent CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin is still “highly likely” to continue its upward trajectory. The analyst shared the Bitcoin Net Realized Profit/Loss (NRPL) chart to support this outlook. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? The NRPL chart highlights the scale of realized profits and losses by market participants who are selling BTC. A relatively low NRPL during price increases typically signals that profit-taking is limited, often indicating the continuation of a bullish trend. In the chart, the current level of profit realization is highlighted in right-most red box. While the recent price surge may trigger a short-term correction, the extent of realized profits does not suggest the end of the ongoing upward cycle. As Dan noted: Compared to the NRPL spikes at past cycle peaks, this round of profit-taking is relatively limited. In particular, when compared to the movements at the highs in March and November 2024, the current level of profit realization is notably lower. Dan concluded that the current level of profit-taking does not point to a major trend reversal. Instead, Bitcoin is poised to continue climbing, potentially targeting levels beyond $120,000 in the coming weeks. Despite the optimism, some market watchers remain cautious. Noted crypto analyst Ali Martinez recently suggested that Bitcoin’s current price action might be a bull trap, with BTC at risk of falling below the $100,000 threshold. For the uninitiated, a bull trap refers to when the asset briefly breaks above a well-established resistance range, leading traders to believe a breakout is occurring, but then quickly reverses and falls back below the resistance level. This move often plays out to lure in long positions before liquidating them as the price drops back into the previous range. Bitcoin Selling Pressure Weak, Retail Yet To Arrive On a more positive note, multiple on-chain indicators suggest Bitcoin is not yet near its cycle top. Notably, retail investor participation in the current rally remains limited – a sign that the market may still have room for a second wave of capital inflow. Related Reading: Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up? Likewise, Binance inflow data shows that certain investor groups are not eager to sell their BTC, possibly anticipating further gains. At press time, BTC is trading at $105,659, down 2.5% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
With new data emerging and notable upgrades taking shape, several leading crypto assets are catching attention this week. Ethereum’s shift toward broader institutional use, Solana’s appearance in strategic reserves, Cardano’s fresh DeFi integrations, and BlockDAG’s surging presale have all sparked interest. Each project brings a unique angle, from scalability and smart contract utility to low-cost entry and active ecosystems, but one project is clearly drawing the most eyes. This isn’t just about who’s rising in price. When considering the top crypto to buy now, investors are evaluating technical strength, ecosystem development, and near-term momentum. Based on these factors, BlockDAG has emerged with standout traction, while ETH, SOL, and ADA continue to show solid reasons to stay on watch. Here’s a detailed look at how they compare. 1. BlockDAG: $0.0018 Pricing & Exchange Reveal Set the Stage BlockDAG is showing rapid growth as it moves toward a key milestone in its presale phase. The coin is still available at $0.0018, while total presale funding is now closing in on $277 million. What’s driving interest? On June 13, BlockDAG will reveal 20 centralized exchanges where BDAG will be listed, a turning point that could fuel its public breakout. The project’s strength goes beyond exchange plans. BlockDAG merges DAG scalability with PoW security and supports 2,000 TPS at launch, scaling to 15,000 TPS. Its mobile app, X1, already has over 1 million users, while community-focused features like Buyer Battles and a 25% referral program have increased user engagement. A refreshed Double Up Reset also gives buyers a renewed chance to increase their holdings. With low entry pricing, growing visibility, and a defined path to listings, BlockDAG is building strong fundamentals. These factors explain why many see it as the top crypto to buy now, especially for those looking at long-term upside with real near-term catalysts. 2. Solana: Testing Support With Strategic Boost From Institutional Backing Solana is trading at $163.19, down 5.5% over the past day. Despite the dip, it’s holding firm after a solid recovery from April lows around $115. The current zone between $158 and $163 is a crucial support range. If it holds, analysts say SOL could test resistance at $183, with potential upside toward $195 and $210. What’s reinforcing confidence in Solana is its inclusion in the U.S. Strategic Bitcoin Reserve, a notable recognition of its broader utility. The platform continues to attract developers and users through its growing Web3 and DeFi ecosystem. If price stability continues, Solana remains a technically sound option. For swing traders and long-term believers, it continues to earn a place among the top crypto to buy now. 3. Ethereum: Institutional Demand & $4K Forecasts Support Strength Ethereum is currently priced at $2,620, having dipped 3.9% in the last 24 hours, with intraday movement between $2,591 and $2,732. This drop follows a strong monthly gain of nearly 45%, fueled by spot ETF inflows and renewed interest from institutions. Ethereum remains the leader in DeFi, holding more TVL than its closest competitors. The latest upgrade, Pectra, increased validator limits from 32 ETH to 2,048 and introduced faster, lower-cost network performance. While a $2.4 billion options expiry on May 30 may create short-term price swings, long-term targets remain high. Analysts at Standard Chartered see a $4,000 price point in 2025 and $7,500 by 2029. Ethereum’s continued relevance and technical strength make it a consistent pick among those scanning for the top crypto to buy now. 4. Cardano: Expanding Utility Through Bitcoin DeFi Cardano’s current price is $0.7009, showing a 6.7% decline on the day. Its trading range is sitting between $0.699 and $0.755. While price action has stayed muted, Cardano has been making quiet but meaningful moves. A major one is its integration of Bitcoin DeFi through the Lace Wallet, giving BTC users access to ADA-based financial tools. Alongside Solana, Cardano was recently added to the U.S. Strategic Bitcoin Reserve, a move that boosts its credibility. Analysts are projecting ambitious targets, including $2.05 by the end of 2025 and potentially $10 by 2030. These projections are tied to the blockchain’s ability to scale and integrate real-world use cases. While ADA isn’t stealing headlines right now, its developments and price range make it a relevant name in any discussion about the top crypto to buy now. Why BlockDAG Commands the Most Attention Ethereum brings institutional confidence. Solana continues to test important support levels while expanding its network. Cardano is quietly adding real-world use through Bitcoin integration. Yet BlockDAG is combining all the key elements, accessible pricing, strong technology, user incentives, and a confirmed roadmap to listings. With the presale target set at $600 million and the current price still at $0.0018, BlockDAG offers one of the most compelling setups. Its growing user base, solid architecture, and scheduled exchange reveal give it a clear advantage. For those searching for the top crypto to buy now , BlockDAG presents a rare opportunity to get in before the public launch and potential price shift begin. The days leading up to June 13 may represent the last chance to enter before a major wave of visibility and demand reshapes its market position. For buyers focused on value, growth, and timing, BlockDAG might just be the move worth making. The post Top Crypto to Buy Now: BlockDAG Presale Momentum, ETH Upgrades, SOL & ADA Developments appeared first on TheCoinrise.com .
A crypto whale offloaded 502.5 billion PEPE coins worth $6.47 million, securing a profit of $7.47 million.
On May 31st, COINOTAG News reported that an Ethereum whale, previously positioned at an entry point of $1768 on April 25th, liquidated 1290 ETH—equivalent to approximately $3.23 million—just thirty minutes
In a significant development in the cryptocurrency landscape, Meta Platforms faced a decisive vote during its annual shareholder meeting held on May 30th. Shareholders overwhelmingly rejected a proposal that sought