Every time this happened in Shiba Inu's (SHIB) price history, summer followed with losses
Would you eat a billion dollars worth of pizza?
Determined to supercharge liquidity, Sonic Labs officially announced GSR as the designated market maker for its native S token on May 22, betting that fresh muscle will revive its DeFi ambitions. We're pleased to welcome @GSR_io , a globally recognized trading firm, as an official market maker for $S . Beyond liquidity, GSR is backing builders and fueling DeFi growth across the Sonic ecosystem. https://t.co/FFaGfZhNR2 pic.twitter.com/7blMd4P1c7 — Sonic Labs (@SonicLabs) May 22, 2025 In a blog post , Sonic Labs said its reason for working with GSR, a crypto capital markets firm, is due to the firm bringing over a decade of experience, regulatory credibility, and a strong reputation for transparency. This collaboration is not just about trading—it’s about building a sustainable digital asset environment that supports both liquidity and long-term project development, said the firm. GSR to Support Sonic Labs While market making is at the core of GSR’s role, its involvement with Sonic Labs will reach far beyond just token liquidity, according to the firm. GSR will deploy liquidity across Sonic’s entire DeFi stack, offering strategic support to early-stage teams and helping them bring their tokens to market with confidence. “We support innovative protocols with liquidity, helping founders get tokens market-ready, and encourage sustainable on-chain activity to drive long-term growth,” Head of U.S. Business Development at GSR, Alex Taaffe, said. This hands-on approach positions GSR not only as a service provider but as a long-term ecosystem partner. Active Engagement Through Events and Community GSR’s connection with Sonic goes deeper than platform integration. For example, the firm recently sponsored Sonic Summit 2025, held in Vienna from May 6–8, which brought together builders, investors, and infrastructure leaders from across Web3. GSR’s sponsorship and presence at the summit showed its commitment to the community side of the ecosystem as well. Sonic Labs CEO Michael Kong emphasized the importance of such holistic relationships, stating, “We seek partners who are embedded in the network, contribute to DeFi, engage with projects directly, and support global community events. GSR exemplifies this standard.” Sonic Labs Secures Court-Ordered Multichain Liquidation This month, the High Court of Singapore approved a winding-up order against Multichain Foundation Ltd following a 2023 security breach that caused over $210 million in user losses. The order, issued on May 9 , 2025, came in response to a petition filed by Sonic Labs, which was among the platforms affected by the hack. The court appointed Bob Yap Cheng Ghee, Toh Ai Ling, and Tan Yen Chiaw of KPMG Services Pte. Ltd. as joint and several liquidators of the Multichain Foundation. The liquidators will oversee the company’s dissolution and asset recovery, including compensation claims brought by Sonic Labs and other affected parties. This legal outcome follows a default judgment issued earlier this year in favor of Sonic Labs, which sought damages for losses incurred during the exploit. The post Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next? appeared first on Cryptonews .
Coinbase Hacker Sends Onchain Taunt to ZachXBT After $42.5M Swap The hacker behind the Coinbase data breach resurfaced this week, taunting blockchain detective ZachXBT after swapping $42.5 million in cryptocurrency via THORChain. Mocking Message Embedded in Ethereum Transaction On May 21st, the hacker placed a message in Ethereum transaction input data that read “L bozo,” along with a meme video of NBA legend James Worthy smoking a cigar. The jab was clearly aimed at ZachXBT, a prominent onchain investigator who had previously pointed out the hacker’s wallet activity. ZachXBT highlighted the troll message on his Telegram channel, tracing it to the same address that is also linked to the Coinbase hack on over 69,000 users. Hacker Transfers Millions from Bitcoin to Ethereum and DAI Before posting the message, the hacker had swapped approximately $42.5 million in Bitcoin (BTC) for Ether (ETH) using the decentralized cross-chain protocol THORChain. On May 22, security firm PeckShield observed that the hacker also converted 8,697 ETH into 22 million DAI, while a second related address exchanged 9,081 ETH for 23 million DAI. Coinbase Breach Fallout: Ransom Demands and Lawsuits Coinbase first announced the breach in May 2025, with the attack itself traced to December 2024. The hacked data includes users’ names, addresses, and other identifying details. Once the breach had been confirmed, the attackers issued a ransom demand for $20 million in Bitcoin. Coinbase refused, instead issuing a bounty for the same value for information that would lead to their arrest. The financial damage has been estimated at between $180 million and $400 million, which has led to at least six lawsuits alleging negligence on the part of the exchange in its security measures. THORChain Under Fire For Criminal Utilization The hacker’s manipulation of THORChain has also provided fodder for the fears of the protocol being used in laundering illicit funds. The protocol, which facilitates anonymous crypto swaps, had previously been in the news following the $1.4 billion Bybit hack in March. Security firms blamed that exploit on the Lazarus Group of North Korea as the likely perpetrator, with THORChain being allegedly used to launder significant sums. The platform had processed $5.4 billion in swaps over a month, with $5 million in revenue. Controversy deepened when the resignation of one THORChain developer, “Pluto,” came after an unsuccessful governance vote to block addresses that were associated with Lazarus.
Bullish bets on the largest crypto are rising.
Majority of Tron addresses now in profit, fueling expectations of potential ATH rally
XRP and SHIB are catching attention again as their prices reflect improving sentiment and positive technical signals. XRP’s gradual rise has been confirmed by several analysts, with some now expecting it to reach new highs. SHIB has managed to bounce back 12% from its recent dip, showing a solid reversal backed by chart indicators. Though both cryptos are regaining traction, Web3 ai is quickly being noticed as a promising alternative that could outperform both. Now in stage 5 of its presale and priced at only $0.000365, Web3 ai gives early participants a potential return of 1,747%, calculated from its confirmed listing price of $0.005242. The project has already raised nearly $5 million. As it develops a full range of AI-based trading features, Web3 ai is shaping up to be one of the top cryptos to buy now, not for short-term buzz, but for real long-term use. Web3 ai Offers AI Tools and a Massive 1,747% ROI Potential Web3 ai is currently in stage 5 of its presale, priced at just $0.000365, and has already raised nearly $5 million. The project presents a projected ROI of 1,747% for early buyers, based on its confirmed listing price of $0.005242. What makes it stand out is its focus on utility, as it develops powerful AI-based tools tailored for crypto traders. The Crypto Trading Assistant is designed to help users make data-based decisions. It uses machine learning and NLP to scan the market, detect patterns, and highlight buy/sell signals using RSI, MACD, and Bollinger Bands. Users can customize alerts based on their style and preferences. Also included is a DeFi Yield Farming Advisor. This tool compares farming opportunities across Polygon, Fantom, Ethereum, and BNB Chain. It assesses APRs, APYs, and token risks and supports features like auto-compounding and pool alerts, helping users farm more safely and efficiently. These tools are part of a single dashboard, allowing users to research and manage trades in one place. The native coin, $WAI, powers access to premium features, allows governance participation, and unlocks staking benefits, providing utility that goes beyond just holding. XRP’s Uptrend Driven by Technical Setups and Regulatory Clarity XRP has jumped over 9% this week and is holding key levels that suggest a bigger move may be coming. Kraken analysts suggest this upward momentum could carry it toward previous highs, citing steady buyer interest and a supportive legal environment. Its chart also paints a positive picture. A strong ascending triangle is forming, and RSI readings are still in the safe zone, suggesting further room to grow. MACD signals and rising volume add to the case for continued gains. Legal wins for Ripple Labs and ongoing ETF discussions are also building confidence around XRP. Together, these developments have reawakened trader interest. Still, while XRP could keep climbing, many are starting to turn their attention to Web3 ai for bigger early-stage upside. SHIB Gains 12% from Local Lows as Oversold Pressure Lifts SHIB’s recent trend reversal came after consistent selling had pushed it into oversold territory. A bounce of 12% from the bottom reflects renewed buying, with RSI crossing above 50 to confirm the rally’s strength. Support levels that SHIB has bounced from in the past are once again acting as strong zones. Despite its volatility, SHIB has shown an ability to attract short-term buyers when sentiment flips. Still, a few analysts warn that if SHIB continues its run too quickly, overbought indicators may soon appear. Without strong volume or ecosystem expansion, the current price rise may not last. In contrast, Web3 ai brings actual tools and usability that give it longer-term appeal. Final Thoughts! XRP’s strength is backed by bullish chart patterns and growing optimism around legal outcomes, while SHIB’s recent 12% move has revived some hope among traders. Both coins are in focus again, but their success depends on market sentiment and timing. Web3 ai is offering more than hype. With a current presale price of $0.000365 and a confirmed 1,747% ROI at listing, it brings tools that serve a purpose. From its Crypto Trading Assistant to its DeFi Yield Farming Advisor, the project focuses on giving users an edge. It’s being seen as one of the most promising cryptos right now , especially before it gets listed. Join Web3 ai Now: Website: http://web3ai.com/ Telegram: https://t.me/Web3Ai_Token X: https://x.com/Web3Ai_Token Instagram: https://www.instagram.com/web3ai_token The post SHIB Climbs 12%, XRP Builds Strength, While et Web3 ai at $0.000365 Could Deliver up to 1,747% Gains appeared first on TheCoinrise.com .
Crypto analyst Kevin (@Kev_Capital_TA) reaffirmed his bullish outlook for Dogecoin, stating in a live stream that a surge to $1 is “absolutely” possible this cycle—provided a critical set of macro and market conditions fall into place. Kevin, a rising voice in crypto technical analysis, outlined his thesis in detail, highlighting Dogecoin’s resilience against Bitcoin and its technical structure as key signals of strength. “We were accumulating a spot position in the Patreon at 14 cents. I think the average is 15—right at 15 cents even,” he said. “Congratulations if you got into that play with me. Looking really, really nice.” The $1 Dogecoin Dream He pointed to Dogecoin’s breakout from an inverse head-and-shoulders pattern and its current consolidation within a potential bull flag as technical proof that momentum is building—if Bitcoin cooperates. “If Bitcoin continues to break higher, then this will break higher,” Kev noted. “If Bitcoin fails, then this will not break higher. It will fail.” That correlation underpins Kev’s broader framework for altcoin evaluation, which puts Bitcoin’s macro structure and USDT dominance at the center of any serious analysis. “You don’t really want to be doing too much individual TA on altcoins when Bitcoin dominance is at 64%. You’re not going to get very accurate TA,” he said. Still, Dogecoin stands apart from the altcoin pack. Kev showed Doge/BTC strength as a key differentiator: “Doge versus BTC is holding up much better than a lot of other altcoins. Litecoin versus Bitcoin? Dying. UNI, AVAX, DOT, LINK—all dying. Doge is still holding up. That’s why I own it. That’s my baby right there.” As for the $1 price target, Kev didn’t mince words, but made it clear it’s not just about charts. “It actually would be pretty shocking if it didn’t hit a dollar—again, contingent on Bitcoin heading higher,” he said. “But you need a sustained bull run. You need good monetary policy. You need a good macroeconomic environment.” Kev criticized the simplistic analysis plaguing the crypto space, pushing back on the idea that Dogecoin will moon just because “this happened last cycle.” Instead, he emphasized the importance of understanding economic conditions, inflation trends, Federal Reserve policy, and liquidity access. “We’re coming out of a macro environment the likes we’ve never seen before,” he said, referencing the Fed’s historic post-COVID tightening cycle and the uncertainty introduced by new US trade tariffs. “Dogecoin can hit a dollar. However, would I say that we have the exact environment we want to say that’s a highly probable scenario? I’d say we’re getting there—but we need more.” He also downplayed the idea that a potential Dogecoin ETF approval would be a decisive catalyst, unless it happens during a full-blown bull market. “If it happens and everything’s quiet… it probably won’t do its thing,” he warned. “Crypto’s about timing.” In closing, Kev reiterated the disciplined mindset he teaches his community. “Don’t just pull up an altcoin chart and say, ‘Well, this bull flag says we’re going to 32 cents,’” he said. “Watch Bitcoin. Watch USDT dominance. Then look at your pairing charts. Only then should you touch the Doge/USD chart.” With a deeply technical roadmap, macroeconomic awareness, and a data-driven approach, Kev made one thing clear: Dogecoin’s path to $1 isn’t hopium—it’s a real possibility, if the market allows it. At press time, DOGE traded at $0.241. Featured image created with DALL.E, chart from TradingView.com
The post XRP News: Crypto Investors Rush To XpFinance’s Presale As Over 20% Of Soft Cap Filled, Set To Release Lending & Borrowing Protocol Demo Next Week appeared first on Coinpedia Fintech News Imagine an XRP ecosystem where decentralized finance is genuinely decentralized, transparent, and powered by users, not intermediaries. That’s precisely what XpFinance is bringing to life, and investors are racing to secure their early stake. Within just days of launching the presale, over 20% of its ambitious 100,000 XRP soft cap has been filled, underscoring strong market confidence and drawing XRP whales into this new project. Join Xpfinance Presale With XRP surging past $2.40 and Ripple’s recent landmark $50 million settlement injecting new momentum into the XRP community, there’s never been a better time to enter a project with real-world potential. XpFinance stands uniquely poised to become a dominant force within XRPL’s decentralized finance (XRPFI) space, setting a new standard for transparency, security, and user empowerment. XpFinance: Transforming XRPL’s DeFi Landscape For years, XRP holders have awaited a truly decentralized lending and borrowing solution, one that could leverage XRP Ledger’s remarkable speed, minimal transaction fees, and robust security. Centralized platforms have continually disappointed, plagued by custodial risks, hidden fees, and regulatory uncertainty. XpFinance directly addresses these long-standing issues by creating XRPL’s first fully decentralized, non-custodial lending and borrowing platform. It empowers XRP holders to effortlessly generate passive income and borrow against their holdings securely and transparently, all without ever relinquishing control over their assets. Why XRP Whales See XpFinance as the Future of DeFi The immediate presale success highlights why seasoned XRP whales are urgently shifting their attention and capital to XpFinance : Presale participants benefit from a fixed, presale rate of 1 XRP = 200 XPF. While listing on XP Market, a major XRPL decentralized exchange, is set at 1 XRP = 140 XPF, providing presale investors with an instant 30% profit upon listing. Holding XPF tokens unlocks consistent passive XRP income via staking rewards generated from protocol transaction fees. Moreover, token holders enjoy significantly reduced borrowing costs, enhancing platform profitability. XPF holders have voting power, actively shaping the future of the platform through governance, asset listings, and strategic decisions, ensuring ongoing community alignment. Join the Xpfinance Telegram Community Early Incentives and Demo Launch Announced To further reward early participants, the XpFinance team has confirmed that exclusive presale incentives and bonuses will soon be announced. Additionally, investors can look forward to a live demo of the XpFinance platform next week, offering users an early glimpse of the seamless, intuitive DeFi experience they’ve long awaited on XRPL. These incentives underscore XpFinance’s commitment to rewarding early adopters who recognize the enormous growth potential in this first-of-its-kind XRPL project. Buy XPF Token How To Participate In the XpFinance Presale The presale window is closing quickly as investor interest intensifies. Here’s how to secure your early stake in XpFinance: Buy XRP: Acquire XRP through reputable exchanges such as Binance, Coinbase, or Bybit. Transfer To XRP Wallet: Move XRP to a trusted, non-custodial XRPL wallet (Xaman, XUMM, or Ledger). Contribute to Presale: Visit the official presale page at xp.finance/presale and send your XRP to the provided presale address. Set Your Trustline: Add the XPF trustline to automatically receive your tokens upon presale completion. Don’t Miss Out, Secure Your Share of the Future Now As XRP whales rapidly secure their early positions and with exclusive early-participant incentives coming next week, this is your opportunity to join the forefront of XRPL’s DeFi revolution. Analysts predict XpFinance could become the primary catalyst propelling XRPFI into mainstream adoption. Don’t risk missing the next major XRP breakthrough, join the XpFinance presale today and secure your financial future. Stay Updated With XpFinance: Website: https://xp.finance X: https://x.com/xpfinancexrp Telegram: https://t.me/xpfinancexrp Email: team@xp.finance