Senator Cynthia Lummis (R-WY) encouraged her fellow U.S. lawmakers to advance both the GENIUS Act and broader crypto market structure overall in a Wednesday appearance on CNBC’s Squawk Box. Lawmakers Must Find Path Forward For Crypto, Cynthia Lummis Says Speaking with Squawk Box co-anchor Joe Kernen on June 25, Lummis expressed her hopes that both the House of Representatives and the Senate could come together to enact sweeping crypto legislation . We needed to pass market legislation yesterday. The time is NOW! pic.twitter.com/4s6v8KeL3i — Senator Cynthia Lummis (@SenLummis) June 25, 2025 “I hope now that they’re comparing the stablecoin legislation that their financial services committee passed to the GENIUS Act, we can work together to figure out a path forward for both market structure and the GENIUS Act,” Lummis said . “I’m not saying combine them, but they both need to pass this year,” she continued. The GENIUS Act, short for the Guiding and Establishing National Innovation for U.S. Stablecoins Act, passed through the Senate in a 68-30 vote earlier this month. The landmark stablecoin legislation will now be reviewed by the House of Representatives before it receives a final vote. “I know there is enthusiasm in the White House for having Congress send them a win in the area of stablecoins, and I’m very confident that the GENIUS Act that we worked so hard to get passed the Senate is a high-quality product that is worthy of the president’s signature,” Lummis told CNBC. Crypto Momentum Hits Capitol Hill Lummis’ comments come amid a wave of digital asset regulatory momentum on Capitol Hill as a crypto-friendlier White House takes the reins. Pro-crypto politicians have rushed to establish clear crypto regulations as the United States Securities and Exchange Commission pulls back on its regulation-by-enforcement approach to the blockchain sector as a whole. On May 5, several Republican lawmakers unveiled a discussion draft that would develop a broad regulatory framework for crypto stateside. However, whether key crypto legislation will be advanced before the end of the year remains to be seen. The post Sen. Cynthia Lummis Says Both Crypto Market Structure Bill & GENIUS Act Must Pass This Year appeared first on Cryptonews .
BitcoinWorld zkLend Shutdown: The Urgent Fallout from a Decentralized Finance Exploit The decentralized finance (DeFi) landscape is no stranger to volatility, but recent news from zkLend has sent ripples through the community. The announcement of the zkLend shutdown , a prominent decentralized lending protocol on Starknet, serves as a stark reminder of the inherent risks and challenges within this innovative yet evolving sector. For many, it raises critical questions about trust, security, and the future of DeFi itself. What Exactly Led to the zkLend Shutdown ? The decision by zkLend (ZEND) to cease operations was not made lightly. Announced via their official X account, the core reason cited was a profound loss of user trust following a recent exploit. While specific details of the exploit were not extensively publicized by zkLend in their initial announcement, the damage was evidently severe enough to erode confidence beyond repair. This incident, combined with the subsequent ZEND token delisting from major cryptocurrency exchanges, created an insurmountable challenge for the protocol. A decentralized lending protocol like zkLend relies heavily on the integrity of its smart contracts and the trust users place in its ability to manage assets securely. When an exploit occurs, it directly undermines this foundation. The delisting of the ZEND token further exacerbated the situation, significantly reducing its liquidity and utility, making it difficult for users to trade or even understand the value of their holdings. This chain of events painted a grim picture for the protocol’s viability. Loss of Trust: The exploit directly impacted user funds or the perceived security of those funds, leading to a rapid withdrawal of confidence. Token Delisting: Major exchanges removing ZEND token support severely limited its market presence and accessibility. Operational Viability: Without user trust and a functional token, maintaining operations became unsustainable. How Does a Decentralized Finance Exploit Impact User Confidence? A decentralized finance exploit is more than just a financial loss; it’s a breach of the core promise of DeFi – a trustless, secure financial system. When a protocol is compromised, it sends shockwaves through the entire ecosystem, making users wary of other platforms, even those unrelated. The zkLend incident is a painful example of how quickly trust can erode in the absence of robust security measures and effective incident response. Exploits in DeFi can take many forms, from flash loan attacks and re-entrancy bugs to oracle manipulations and governance vulnerabilities. Each type leverages a specific weakness in a protocol’s smart contract code or its economic design. The aftermath often includes: Type of Exploit Brief Description Impact on User Confidence Flash Loan Attacks Borrowing large sums without collateral, manipulating asset prices, and repaying within one transaction. Creates fear of market manipulation and instability. Re-entrancy Bugs A malicious contract repeatedly calls a vulnerable contract before the first execution is complete, draining funds. Highlights fundamental smart contract vulnerabilities. Oracle Manipulation Attacker feeds incorrect price data to a protocol, leading to unfair liquidations or profitable trades. Undermines the reliability of price feeds and fair market operations. Governance Exploits Malicious actors gaining control over a protocol’s governance to pass harmful proposals. Raises concerns about centralized points of failure in ‘decentralized’ systems. Such incidents not only lead to direct financial losses for affected users but also contribute to a broader skepticism about the safety and maturity of the DeFi space. They underscore the critical need for continuous auditing, bug bounty programs, and robust security frameworks. What Does This Mean for the Starknet Protocol Ecosystem? zkLend operated on the Starknet protocol , a prominent Layer 2 scaling solution for Ethereum. While the exploit directly targeted zkLend’s smart contracts, not Starknet’s underlying infrastructure, any major incident on a high-profile dApp can cast a shadow on the broader ecosystem it resides within. Starknet, known for its innovative ZK-rollup technology, aims to provide scalable and low-cost transactions for decentralized applications. For the Starknet community, the zkLend shutdown is a moment for reflection. It highlights that even on highly secure and advanced Layer 2 solutions, the security of individual applications remains paramount. Starknet itself employs robust cryptographic proofs to ensure transaction integrity and security at the protocol level. However, applications built on top of it, like zkLend, are responsible for their own smart contract security and auditing. This incident serves as a reminder for all developers building on Starknet to prioritize security from the ground up, emphasizing: Rigorous Auditing: The necessity of multiple, independent security audits for all smart contracts. Community Vigilance: The role of the community in identifying and reporting potential vulnerabilities. Developer Best Practices: Adherence to secure coding standards and continuous vulnerability testing. Ultimately, the strength of the Starknet protocol ecosystem depends on the collective security posture of all its constituent applications. This incident, while unfortunate, can serve as a catalyst for enhanced security practices across the board, reinforcing Starknet’s commitment to a secure and scalable future for DeFi. What Actionable Steps Can Users Take for Better Crypto Security ? The zkLend incident is a powerful reminder that users must take proactive steps to ensure their own crypto security . While protocols strive for perfection, vulnerabilities can emerge. For those participating in decentralized finance, personal due diligence is not just recommended; it’s essential. Here are some actionable insights: Diversify Your Holdings: Avoid putting all your assets into a single protocol, no matter how reputable it seems. Spread your investments across multiple, well-vetted platforms. Understand the Risks: Before interacting with any DeFi protocol, take the time to understand its mechanics, its smart contract architecture, and its unique risks. Read whitepapers, documentation, and independent reviews. Verify Audits: Check if the protocol has undergone multiple, reputable security audits. While audits don’t guarantee invulnerability, they significantly reduce the risk of known exploits. Look for reports from well-known firms. Use Hardware Wallets: For significant holdings, always use a hardware wallet (e.g., Ledger, Trezor). This keeps your private keys offline, significantly reducing the risk of online theft. Stay Informed: Follow reliable crypto news sources, security researchers, and the official channels of the protocols you use. Be alert to any security warnings or suspicious activity. Revoke Permissions: Regularly review and revoke unnecessary token approvals from your wallet. Malicious protocols can exploit lingering permissions to drain your funds. Beware of Phishing: Always double-check URLs and sender identities. Phishing scams are a common way for attackers to gain access to your wallet or personal information. Empowering yourself with knowledge and practicing sound security habits is the best defense in the dynamic and sometimes perilous world of decentralized finance. Your crypto security is ultimately your responsibility. What Are the Implications of the ZEND Token Delisting and Recovery Plans? The ZEND token delisting from major exchanges marks a definitive end to its public trading utility and liquidity. For holders, this is a significant blow, as it severely limits their ability to sell or exchange the token, effectively rendering it illiquid on centralized platforms. This action by exchanges is typically a response to a protocol’s inability to maintain certain standards, often related to security breaches or a lack of project viability. Despite the winding down, zkLend has committed to recovery efforts, albeit with limited resources. They announced that approximately $200,000 remains in their treasury, which will be allocated to a user recovery fund. While this amount may not fully cover all losses, it represents a gesture towards affected users. The challenge for zkLend will be to distribute these funds fairly and transparently, a task that can be complex in the aftermath of an exploit. Furthermore, zkLend plans to release its codebase as open-source. This move, while not directly aiding financial recovery, contributes to the broader DeFi community. Open-sourcing the code allows other developers and researchers to study the protocol, learn from its vulnerabilities, and potentially build more secure applications in the future. It’s a bittersweet legacy, offering lessons from a painful experience. The implications of such a delisting are clear: it signals a loss of confidence from the wider market and makes it incredibly difficult for the project to ever regain momentum. The focus shifts entirely from growth to damage control and, for users, to understanding any potential avenues for recovery. The zkLend shutdown serves as a potent reminder of the ongoing maturation process within the decentralized finance space. While DeFi promises innovation and financial freedom, incidents like this underscore the critical importance of robust crypto security , diligent auditing, and user vigilance. The unfortunate decentralized finance exploit that led to zkLend’s demise and the subsequent ZEND token delisting highlights the fragility of trust in an ecosystem built on code. For the Starknet protocol and the broader DeFi community, this event is a call to action. It emphasizes the need for continuous improvement in smart contract security, transparent communication during crises, and a collective effort to build a more resilient and trustworthy decentralized future. As the industry evolves, learning from these setbacks will be crucial in fostering an environment where innovation can thrive alongside unwavering security. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance security and institutional adoption. This post zkLend Shutdown: The Urgent Fallout from a Decentralized Finance Exploit first appeared on BitcoinWorld and is written by Editorial Team
Trading isn’t just about placing orders; it’s about capturing insights the moment they strike. With Kraken Desktop’s new Markdown module , you can pin rich, formatted notes, images and links directly alongside your charts and ladders — so your next big idea never gets lost in a separate notebook or browser tab. Download Kraken Desktop Open this layout in Kraken Desktop What is Markdown – and why should traders care? Markdown is a lightweight markup language that converts plain-text shortcuts into clean, styled content. It’s fast, widely adopted and (you guessed it) trader-friendly . Our new module supports: Formatting Syntax example Result Bold **bold** bold Italic *italic* italic Headings # H1 ## H2 H1 / H2 Bullet lists – item • item Numbered lists 1. item 1. item Links [text](url) text Images  ![ ] Blockquotes > quote > quote Top Tip: Never used Markdown? This handy primer will get you started Open the Bitcoin Whitepaper in Kraken Desktop Six ways traders can use it Pre-trade checklists – Keep your risk parameters, entry triggers and exit rules in view. Chart call-outs – Snap a screenshot, upload it, and paste the Markdown code to embed directly next to your live chart. Daily journal – Log overnight news, economic releases and price action in a structured list. Resource hub – Drop quick links to Kraken support articles or macro calendars you consult every session. Strategy cheat sheets – Create personal playbooks with headings, bullet points and code snippets. Memes – Add memes to your trade layout, because why not?! $Turbo Mode Open layout https://t.co/gWqh5fO0dk pic.twitter.com/9RJ3FZIWOK — Kraken Desktop (@KrakenDesktop) May 6, 2025 Adding images is as easy as copy/paste Head to postimages.org (or your preferred image host). Upload the screenshot or graphic you want. Copy the Markdown link (it starts with ![]). Paste it into your Markdown module and hit Confirm . Your board instantly refreshes with the embedded image. No file-management gymnastics required! Note: If the Markdown module encounters an image hosted on a non-whitelisted external site, it will first display the image’s source URL and ask you to confirm before the content is loaded. How to add Images on Kraken Desktop 1⃣ Host image with https://t.co/NFrPM4hF9o 2⃣ Copy/paste code into Markdown module It's really that simple! pic.twitter.com/1iTUETBH3e — Kraken Desktop (@KrakenDesktop) May 12, 2025 Pro tips for power users Share the edge – When you share a board , Markdown content travels with it, so teammates see exactly what you see. Save as a preset – Love a particular note layout? Turn it into a reusable module preset and drop it into any future board in seconds. Combine with instructional boards – Load our Chart Trading or Ladder Trading instructional boards, then layer your own notes right on top for an interactive learning space. More prebuilt boards are on the way! Open Chart Trading 101 in Kraken Desktop Open Ladder Trading 101 in Kraken Desktop Ready to try it? Open Kraken Desktop (or download it here if you haven’t yet). Click Add module → Markdown . Type or paste your first note — and watch your workspace come alive! From crisp trade checklists to image-rich playbooks, the new Markdown module lets you trade, think and iterate in one unified environment. Give it a spin today and discover how much smarter a desktop platform can be when your ideas are built right in. Download Kraken Desktop Past performance is not a reliable indicator of future results. Learn more about asset risks. Pricing data is provided by Kraken. Returns may increase or decrease as a result of currency fluctuations, and do not account for trading fees. Visit our fee schedule for more information. Availability of Kraken Desktop is subject to certain limitations and eligibility criteria. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. The provision of any services via Kraken Desktop, including, but not limited to, services to connect to, trade on, view market data, or otherwise interact with the Kraken platform, and the display of any content via Kraken Desktop, is subject to the Kraken Terms and Conditions . The post Charts, checklists & cheat sheets: Introducing Markdown on Kraken Desktop appeared first on Kraken Blog .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana gains 2.36% as Fiserv launches FIUSD stablecoin, signaling rising trust and enterprise adoption. Solana’s 2.36% price gain over the last 24 hours is more than just a market bounce; it signals renewed institutional confidence. According to Binance and CoinMarketCap, the blockchain is seeing rising interest due to enterprise-level adoption and bullish activity in futures markets. Fiserv, a $172 billion payments company, has officially announced the launch of its FIUSD stablecoin on the Solana blockchain, targeting over 10,000 banks and 6 million merchants. This move marks a major endorsement of Solana’s scalability and speed. The partnership with Circle, the issuer of USDC, adds another layer of utility, reinforcing Solana’s role in the future of digital payments. You might also like: Fartcoin, Bonk soar; Pepeto gears up to be leading option for 100x gains Market dynamics favor Solana Institutional demand is clear. CME’s Solana futures reached a record 1.75 million contracts traded in a single day, while open interest surged to $6.14 billion. Traders are actively pricing in higher volatility and upside. Meanwhile, the Fear & Greed Index remains neutral at 48, creating an environment where altcoins like SOL can rally independently of Bitcoin’s price. As resistance builds near the 23.6% Fibonacci level at $166.85, many believe the right trigger, such as regulatory clarity or more enterprise deals, could send SOL past $250 in the coming months. Pepeto exchange demo successfully released, tier 1 listing coming soon The team behind Pepeto has officially released the demo version of its anticipated exchange platform. Here’s why Pepeto is gaining serious traction: The exchange features zero-fee listings for meme tokens. Bridge technology links Ethereum, Solana, and BNB. Investors can earn up to 278% APY through staking. Over $5.3 million raised during its presale. Rumors suggest Pepeto is led by an ex-Pepe co-founder who aims to complete the original frog-themed vision by adding the missing pieces, Technology, and Optimization. Elon Musk has twice posted frog-themed images on his X profile, fueling speculation around frog-based projects like Pepeto. A first sneak peek into the $Pepeto Exchange is finally here. Live trading charts, swap and bridge features, and over 850 high-quality tokens already approved for listing once $Pepeto secures its Tier 1 exchange. While markets remain uncertain, the team behind the God of Frogs… pic.twitter.com/ndk5gYs6y4 — Pepeto (@Pepetocoin) June 23, 2025 These developments have put Pepeto on the map. With the exchange demo live and listing news imminent, many expect long-term value growth as usage of the Pepeto ecosystem increases. Check out Pepeto website to learn more and join early before price momentum kicks in. Wall Street Ponke: The memecoin built for traders Wall Street Ponke is another rising project combining meme energy with serious backing. With $300,000 in venture capital and early partnerships with football teams, Wall Street Ponke is building a robust ecosystem. Its focus on anti-whale AI tools and educational resources provides real value, especially for new traders. As the world stabilizes politically, Solana, Pepeto, and Wall Street Ponke are set to be among the top projects to watch in this new cycle. Read more: Ethereum prepares for the next bull run, is Wall Street Ponke the 100x engine behind it? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Key takeaways: NEAR price prediction shows it will reach a maximum price of $5.50 by the end of 2025. By 2028, NEAR is expected to rise to a maximum price of $11.29, driven by mainstream adoption. Looking ahead to 2031, NEAR Protocol could witness a significant surge, with its price potentially reaching $18.71 or beyond. The rising bearish sentiment within NEAR Protocol’s community is bringing a cautious approach among traders. As NEAR continues to advance its technology and forge strategic partnerships, questions surrounding its price potential persist, inviting further analysis and exploration of its prospects. Overview Cryptocurrency NEAR Protocol Ticker NEAR Price $2.14 (-1.75%) Market Cap $2.63 Billion Trading Volume 24-h $150.99 Million Circulating Supply 1.22 Billion NEAR All-time High $20.42 Jan 17, 2022 All-time Low $0.526, Nov 04, 2020 24-h High $2.21 24-h Low $2.02 NEAR Protocol price prediction: Technical analysis Sentiment Bearish 50-Day SMA $2.57 200-Day SMA $3.49 Price Prediction $4.70 (119.82%) F & G Index 18.06 (extreme fear) Green Days 14/30 (47%) 14-Day RSI 31.09 NEAR Protocol price analysis: Near finds support at $1.80, recovers to $2.10 TL;DR Breakdown: NEAR Protocol price analysis shows bullish pressure after falling below $2. NEAR price fell by 1.5% at the time of writing. NEAR Protocol has support and resistance at $2.00 and $2.20, respectively. Near Protocol price analysis for June 25 shows that NEAR price crashed to the $1.80 mark before finding support to recover back to the $2.10 level. NEAR Protocol price analysis 1-day chart: NEAR faces bearish volatility toward $2 The 1-day NEAR/USD price chart indicates that the near protocol price trades in a steady downwards trend since rising toward $2.6. Sellers are now aiming for a strong push below $2 to initiate a breakdown below the trendline. NEAR/USDT price chart The technical indicators suggest rising bullish momentum as NEAR rises toward $2.20 with the MACD bullish at 0.002 units suggesting low but increasing bulllish pressure. The EMAs are below the mean position, and the latest data shows declining bearish pressure. The RSI also shares this sentiment as the indicator rose to 43.39 from the 30.00 index level; though, it suggests room for further downwards movement. The wide Bollinger Bands suggest high volatility, indicating that the $2.10 level resistance may not hold for the week. NEAR price analysis 4-hour chart The 4-hour price chart of NEAR shows that NEAR has found strong support at the $1.80 price level enabling the price to recover rapidly to $2.10 as bulls seek to go higher. NEAR price analysis 4-hour chart The RSI is at 56.42, suggesting that the asset is near the center of the the neutral region, which indicates that NEAR price observes slight bullish sentiment with room for movement in either direction. The MACD is showing minor bullish candles, with the MACD line at 0.011, showing declining bullish pressure. NEAR Protocol technical indicators: Levels and actions Daily simple moving average (SMA) Period Value Action SMA 3 $ 2.21 SELL SMA 5 $ 2.22 SELL SMA 10 $ 2.23 SELL SMA 21 $ 2.33 SELL SMA 50 $ 2.61 SELL SMA 100 $ 2.57 SELL SMA 200 $ 3.29 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 2.33 SELL EMA 5 $ 2.41 SELL EMA 10 $ 2.45 SELL EMA 21 $ 2.52 SELL EMA 50 $ 2.80 SELL EMA 100 $ 3.36 SELL EMA 200 $ 4.00 SELL What to expect from NEAR Protocol price analysis? NEAR Protocol Price Chart: TradingView NEAR observes the bulls crashing into an iron board at the $3.3 mark that has sent the price crumbling back toward the $2 mark. If the bulls are unable to defend the level, any short-term gains made by the asset might be neutralized. As previously expected the price found strong support below the $2.00 and has enabled a recovery. As such traders should expect recovery towards the $2.34 level across the next few days as bullish momentum rises. However, the $2.15 and $2.20 key resistance levels need to be watched and may cause a consolidation at the current level. Is Near Protocol a good investment? NEAR Protocol distinguishes itself in the cryptocurrency market capitalization, emphasizing scalability, usability, and developer-friendliness. It aims to facilitate the creation of decentralized applications (dApps) and smart contracts, catering to developers and end-users. NEAR’s innovative technology and user-centric approach make it attractive for mainstream adoption of blockchain applications. With a focus on user experience and developer tools, NEAR Protocol is positioned to drive significant medium term growth in the decentralized application ecosystem. Its potential to disrupt traditional industries and capture market share in the blockchain space makes it an intriguing investment opportunity for those interested in innovative technology solutions. Why is NEAR up? The 4-hour price chart of NEAR shows that NEAR has found strong support at the $1.80 price level enabling the price to recover rapidly to $2.10 as bulls seek to go higher. Will NEAR recover? NEAR protocol price has seen a massive selloff in the last thirty days as price fell from near the $3.00 mark to the current $2 price level. However, analysts believe that this bearish momentum will be short-term, predicting a price range of $2.25 and the $5.5 by the end of 2025. Will NEAR reach $10? NEAR protocol price is experiencing a volatile market movement that may see it reach the $10 mark before the end of 2027. Will NEAR reach $20? NEAR protocol price is expected to cross the $20 threshold by 2031 This supports the long term forecast as the industry continues to see increasing adoption across the mainstream. The bullish rally will be supported by NEAR’s vision of a scalable future and user and developer-friendly architecture that sets it apart from other blockchains. Will NEAR reach $50? The chance of NEAR protocol price reaching the $50 mark depends on various circumstances, such as future network development, market regulations, and the broader cryptocurrency market growth. If NEAR continues its current trajectory, it can reach $50 in the next several years. Does NEAR have a good long term future? Yes, NEAR has a good long-term future due to its innovative technology, focus on scalability and strong ecosystem development, which supports a favorable price prediction . However, the project must keep up with sector developments to maintain its edge in the digital ecosystem. Recent news/opinions on Near Protocol NEAR protocol’s Chain Signatures tech added support for EdDSA signing. NEAR price prediction June 2025 NEAR protocol price forecast for the month of June is expected to trade at a minimum price of $1.99, with an average of $2.50 and a maximum price of $4.20. Month Minimum Price Average Price Maximum Price June $1.99 $2.50 $4.20 NEAR price prediction 2025 For 2025, the minimum price is $2.25, the average price is $4.09, and the maximum price is $5.50. Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 2.25 4.09 5.50 NEAR price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 5.36 6.22 6.40 2027 7.37 8.51 8.73 2028 9.22 10.17 10.78 2029 9.62 10.47 11.29 2030 11.84 13.13 13.68 2031 16.85 17.90 18.71 NEAR price prediction 2026 The forecast for 2026 suggests a continuation of the price rise with a minimum value of $5.36, an average price of $6.22, and a maximum value of $6.40. NEAR price prediction 2027 Technical analysis and projections for 2027 anticipate the minimum price to be around $7.37, with an average trading price of $8.51, and a maximum value of $8.73 by the end of 2027. NEAR price prediction 2028 In 2028, NEAR price prediction estimates NEAR Protocol’s price to be trading at a minimum of $9.22, an average of $10.17, and a maximum value nearly reaching $10.78 by the end of 2028. NEAR protocol prediction 2029 The NEAR Protocol price prediction for 2029 suggests the bullish sentiment will continue with a minimum price of $9.62, an average trading price of nearly $10.47, and a maximum value of $11.29 by the end of 2029. NEAR price prediction 2030 In 2030, NEAR protocol price prediction forecasts NEAR could trade at a minimum of $11.84, an average price of nearly $13.13, and a maximum value of $13.68 by the end of 2030. NEAR price prediction 2031 The NEAR Protocol forecast for 2031 suggests a sustained bullish sentiment with a minimum value of $16.85, an average trading price of nearly $17.90, and a maximum value of $18.71. NEAR market price prediction: Analysts’ NEAR price forecast Firm 2025 2026 Coincodex $11.79 $14.28 DigitalCoinPrice $11.09 $12.92 Cryptopolitan’s NEAR protocol (NEAR) price prediction Cryptopolitan’s predictions show that the price of the NEAR protocol will reach a high of $5.50 in the second half of 2025. In 2026, it will range between $5.36 and $6.40. In 2030, it will range between $11.84 and $13.68, with an average of $13.13. Note that these predictions are not investment advice. Seek independent professional consultation or do your research. NEAR Protocol historic price sentiment NEAR price history The Near Protocol (NEAR) began its journey in August 2020, aiming to create a scalable and permissionless blockchain. The first recorded trade value in October 2020 was $1.072, closing the year at $1.459 after a recovery. In 2021, NEAR showed an uptrend, starting at $1.305 and reaching an all-time high (ATH) of $7.572 by March 13. A market downturn pushed the price down to $1.537 by July 19, but it rebounded to $11.776 on September 9 and further to $13.168 on October 26. By 2022, NEAR’s price crashed to below $2.00, losing over 90% of its peak value. Throughout 2023, NEAR saw low volatility, with prices remaining below $2.50 for most of the year. Since the start of 2024, NEAR has experienced a strong recovery, climbing to $7.80. However, after reaching the $8.00 mark in mid-May, it fell back to $5.60. In June, NEAR traded between $4.48 and $7.66. It rose from $5.20 to $6.04 in July but closed the month below $5.00. NEAR started August at $5.00, declining to $3.89 by the end of the month. In September 2024, the asset bounced back and closed the month above the $5.20 mark. In October, the price stumbled and fell to $4.850 in the first few days before closing the month below the $4.00 mark leaving a negative outlook at the start of November. November saw NEAR making remarkable strides as the bulls held strong control of markets during the month, a trend that was expected to continue into December. However, the month saw NEAR plummet from heights of $7.00 to fall below $5 before closing the month. In January the price could not find a stable foothold and the price continued dwindling, closing the month just above $4.00 In February the price fell significantly towards the $3.00 mark and continued to decline ending the month at $2.80. In March the price continued to decline ending the month near $2.50, a trend that continued in April ending the month at $2.35. In May the price recovered but only to the extent of reversing April’s losses as the month ended below $2.50
New decentralized system delivers enterprise-grade AI computing at up to 70% lower cost by intelligently combining cloud and distributed resources Theta Labs today announced the beta release of its hybrid edge cloud architecture for its Theta EdgeCloud network, a computing platform that combines traditional cloud-based GPUs with a distributed network of over 30,000 community-operated edge nodes. The platform is designed to provide cost-effective access to high-performance computing resources for AI model training and inference, video processing, financial modelling, and other GPU-intensive tasks. In this new release, a new decentralized GPU marketplace is introduced that keeps compute pricing competitive and transparent across the platform. The hybrid architecture addresses a fundamental challenge in modern computing: the rising cost and limited availability of specialized hardware needed for AI and machine learning tasks. Traditional cloud providers charge premium rates for GPU access, often pricing out smaller research teams, startups, and academic institutions. By integrating distributed computing resources from community members alongside conventional cloud infrastructure, the platform will provide similar capabilities at significantly reduced costs. A dynamic GPU marketplace for efficient compute routing Theta EdgeCloud is a decentralized marketplace that connects the supply and demand for GPU computing power. It empowers anyone with idle GPUs to contribute their resources and earn rewards, while providing developers and AI teams with a scalable, cost-efficient platform for running containerized workloads. The platform now allows customers to choose the most suitable infrastructure for different types of computing tasks. For instance, training a large AI model that requires substantial GPU vRAM can be directed to powerful cloud or data center based GPUs. In contrast, tasks like burst model inference workloads, which are inherently parallelizable, can be distributed across many community-operated gaming machines, providing a flexible and cost-effective alternative. To ensure a fair and dynamic pricing model, Theta EdgeCloud allows node operators (the supply side) to set their own hourly rental rates. Meanwhile, users (the demand side) can select nodes that meet their performance requirements and budget constraints when launching workloads. This market-driven approach helps keep GPU compute pricing competitive and transparent across the platform. The system includes backup mechanisms with automatic failover logic to reassign work if any community device goes offline, ensuring reliable completion of computing tasks across the heterogeneous network of GPU types. Powering Leading Academic and Enterprise Customers The platform currently serves customers including Stanford University, Seoul National University, KAIST, Yonsei University, the University of Oregon, Michigan State University, and NTU Singapore for academic AI research. Enterprise clients include major sports teams such as the NHL's Las Vegas Knights, NBA's Houston Rockets, and global esports teams FlyQuest and Evil Geniuses. The beta release includes features requested by existing customers, including persistent storage for AI model training, improved job prioritization, and a developer API interface for job submission and analytics. "The reality is that GPU costs have become prohibitive for many organizations doing important AI research," said Jieyi Long, CTO of Theta Labs. "Universities are telling us they're having to scale back projects or wait months for access to affordable computing resources. By tapping into the unused GPU power sitting in gaming computers and workstations around the world, we can deliver the same computational capabilities at a fraction of the cost. This means our partners at Stanford, KAIST, and other institutions can run more experiments, iterate faster, and push the boundaries of what's possible in AI research without budget constraints limiting their ambitions." Technical Capabilities The hybrid architecture supports containerized computing tasks including AI model training and inference, video encoding and transcoding, 3D rendering, financial simulations, and scientific computing applications. The platform provides over 80 PetaFLOPS of distributed GPU compute power through its combination of cloud partnerships with Google Cloud and Amazon Web Services and its distributed edge network. The EdgeCloud client node is a lightweight software package that enables community members to contribute their idle GPU capacity. Advanced job containerization ensures high-efficiency computation across different GPU types and specifications. To learn more about the EdgeCloud client software, please check out this link . About Theta Labs Theta Labs is the leading provider of decentralized cloud infrastructure for AI, media and entertainment powered by a global network of 30,000 distributed edge nodes and a native blockchain. Backed by Samsung, Sony, Bertelsmann Digital Media Investments and Creative Artists Agency, Theta is among the top 10 DePIN blockchains by market capitalization on Coingecko and top AI tokens on Binance.com . Theta’s enterprise validator and governance council is composed of global market leaders including Google, Samsung, CAA and Binance. Recently launched Theta EdgeCloud is the first hybrid cloud-edge computing AI platform with over 80 PetaFLOPS of on-demand distributed GPU compute power. EdgeCloud now counts 25 global customers including 4 of the top 5 South Korea universities, top professional sports teams including NHL’s Las Vegas Knights , NBA’s Houston Rockets and global esports teams FlyQuest and Evil Geniuses among others. Website | Twitter | Medium | Discord | Developer Portal | Github Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Tether CEO Paolo Ardoino has expressed frustration over the limited communication between Tether, Juventus, and Exor, the club’s majority owner. Tether Wants Voice on Key Decisions Stablecoin issuer Tether, which recently upped its stake in Italian football giant Juventus and is now its second-largest shareholder, claims that communication between the club, Exor and the stablecoin
As the 2025 crypto market cycle intensifies, traders are looking beyond the established players for the next wave of momentum. While Ethereum and Bitcoin continue to serve as anchors of institutional and retail portfolios, many investors are seeking fresh opportunities. MAGACOIN FINANCE has emerged as a powerful early-stage contender, and Kaspa is gaining analyst attention as a high-conviction technical play. MAGACOIN FINANCE: The Breakout Presale of the Year MAGACOIN FINANCE has become one of 2025’s standout launches, securing over $10 million in presale funding and selling out multiple rounds swiftly. With a capped supply of 170 billion tokens, verified by a full HashEx audit and a no-VC model, it’s built on a foundation of transparency and scarcity. This structure has drawn attention from both institutions and retail traders seeking exposure to earlier-phase innovation. Backed by community ownership, staking incentives, and a disciplined rollout strategy, MAGACOIN FINANCE is being positioned by analysts as a breakout asset with long-term viability . Ethereum: Still a Powerhouse, But Traders Want More Ethereum remains at the center of smart contract development and institutional blockchain strategies. However, as the platform matures and growth becomes more incremental, investors are increasingly allocating toward assets like MAGACOIN FINANCE that offer a different growth curve—without abandoning Ethereum’s long-term value. Bitcoin: The Anchor, But Limited Explosive Upside Bitcoin continues to dominate as the store-of-value leader, maintaining a position above $105,000. Still, for those seeking dynamic growth opportunities, Bitcoin’s current pace has prompted many to rotate capital into newer projects that mirror its early innovation-driven momentum—such as MAGACOIN FINANCE. Kaspa: The Technical Standout on Analysts’ Radar Kaspa is gaining traction for its technical strengths, including the GHOSTDAG protocol and increasing utility from its Layer-2 ecosystem. With rising trading volume, wallet activity, and ongoing infrastructure development, analysts view Kaspa as a strong addition to the 2025 growth watchlist. Conclusion As Ethereum and Bitcoin traders seek new avenues for growth, MAGACOIN FINANCE is emerging as a high-upside early-stage contender with solid fundamentals. At the same time, Kaspa’s innovation and expanding use cases make it another asset to watch. Together, they represent a new generation of momentum-driven investments gaining traction in 2025. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Could MAGACOIN FINANCE Become Ethereum and Bitcoin Traders’ Next Big Bet? Analysts Eye Kaspa
Savvy investors are discreetly adding specific altcoins to their portfolios, anticipating future gains. Meanwhile, others continue to offload their holdings. This piece dives into the three promising altcoins quietly being accumulated by those with insider foresight. Discover which digital assets are poised for potential growth in the evolving crypto market. Read on to unveil these hidden gems. XRP Price Update: Short-Term Dip Amid Stable Six-Month Performance Recent performance shows a one-month drop of about 6.85% alongside a modest six-month gain close to 1.25%. A one-week increase of nearly 1% contrasts with the sharper decline seen over the month, hinting at choppy short-term movement. XRP’s price held within an expected range, reflecting slight volatility and consolidation rather than a strong directional drift. Despite recent setbacks, longer-term measures suggest a stable trajectory for the cryptocurrency. Currently, XRP trades between $1.95 and $2.53, confined within a well-defined range that offers key levels for traders. The primary resistance is at approximately $2.88, while solid support is at $1.73. Indicators present a mixed picture, with the Awesome Oscillator at -0.094 and the momentum indicator at 0.015. The Relative Strength Index is near a neutral 49.52, indicating equilibrium between buying and selling pressures. Neither bulls nor bears have a clear upper hand, leading to sideways movements. Traders may consider entering positions near the support at $1.73 or might await a breakout above $3.45 for bullish confirmation. SUI: Charting a Bearish Course with Key Support and Resistance Levels SUI ’s price experienced a decline of 22.21% over the past month and dropped 33.33% in the last six months. Weekly adjustments showed a modest decline of -1.28%, indicating less short-term weakness compared to the longer-term downward trend. The trading range has been confined between approximately $2.77 and $4.01, reflecting a consistent slide with limited opportunities for recovery. Overall performance figures suggest ongoing bearish pressure, as both one-month and six-month observations highlight a reduction in strength. Current price action is centered around the $2.77 to $4.01 range. Immediate support is near $2.29, and a breach there could lead to deeper support at $1.05. Resistance is positioned at around $4.77 and again at $6.01. Indicators point to bear dominance, with an Awesome Oscillator of -0.507 and a Momentum Indicator of -0.223. An RSI of 42.20 does not provide a clear buy signal. The absence of a consistent upward trend and negative moving averages suggest approach with caution. Trading strategies may include waiting for bounces at support with tight stops or monitoring resistance for short opportunities. Injective (INJ) Market Shifts and Key Price Levels Signal Trading Opportunities Injective recorded a one-week gain of 4.31% but faced a one-month decline of nearly 13% and a six-month drop of 46%. The historical price movement indicates a pattern of brief recoveries followed by prolonged downtrends, highlighting market volatility. The coin's performance fluctuates between short-term upticks and long-term challenges, exposing it to external pressures and inconsistent trading conditions. Currently, Injective is trading between $8.82 and $15.47, with immediate resistance at $18.81 and support near $5.50. A secondary resistance level is set at $25.47 if buyers become active. The market shows bearish tendencies, evidenced by a summary recommendation of -0.34 and an Awesome Oscillator reading of -1.65, indicating that bears dominate the market. The lack of a clear trend suggests traders consider buying on dips and exiting near resistance levels while monitoring market volatility closely. Conclusion XRP , SUI , and INJ are gaining attention from smart investors. These altcoins show potential for growth. While others might be selling, smart investors see opportunity. XRP offers strong fundamentals. SUI has unique features. INJ is catching eyes with its innovative approach. Observing these trends can provide insights into market movements. The quiet accumulation indicates confidence in these altcoins' future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin researcher Axel Adler Jr., in his analysis of the latest developments in the cryptocurrency market, stated that the current bull cycle is on solid foundations and the market is becoming more mature. Adler Jr. stated that since the bull cycle that started in November 2022, Bitcoin has experienced only two deep corrections: He said that after these pullbacks exceeding 30% in August 2024 and April 2025, prices quickly recovered and reached new highs. The pullbacks in all other periods remained in the 10-20% range, functioning as a classic “shake-out” and did not disrupt the uptrend. Adler Jr. stated that the weekly simple moving average (SMA)-based decline is currently only at -7%, while the current pullback is limited to -4.7%, indicating a calm consolidation process in the $100-106,000 range. Related News: GameStop, One of the Most Talked-About Companies in the US, Makes Another Move to Purchase a Massive Amount of Bitcoin Adler Jr. stated that the “deep correction-accumulation-new rise” cycle that repeats itself in the market is also evident in this bull market and that the retracements are gradually narrowing and this is a strong signal of market maturity. He said that unless there is a serious negative news flow, the strong support at $96,000 will continue to drive the bull trend and new all-time highs (ATH) can be seen. Another important data that Adler Jr. drew attention to was the BTC flows on centralized exchanges (CEX). The daily average total flow (input + output) volume decreased to 40,000 BTC, reaching the lowest level in the last 10 years. This indicates that investors tend to withdraw their BTC from exchanges and hold them for the long term, indicating a potential liquidity shortage in the market. The weekly net flow remains negative at –4,300 BTC, indicating that the amount of coins deposited is lagging behind the amount withdrawn. However, the 30-day average inflow/outflow is comparable to the end of 2023 and the beginning of the bull market. Adler Jr. noted that this data shows that demand for Bitcoin is still strong. *This is not investment advice. Continue Reading: Analyst Says the Bull is Strong in Bitcoin, Explains What to Expect Next – Will There Be a New ATH?