Flappy Bird is making a groundbreaking return by integrating into the Web3 ecosystem, combining its viral gameplay with blockchain technology to redefine digital ownership and gaming experience. The Flappy Bird
On June 5th, Salvadoran President Nayib Bukele engaged in a strategic dialogue with Bo Hines, the White House Digital Asset Policy Advisor, focusing on enhancing bilateral collaboration in the Bitcoin
Canada intensifies its stance against potential U.S. tariffs, signaling a critical juncture in North American trade relations with significant implications for key export sectors. Ontario’s government is prepared to take
The Ethereum Foundation (EF) disclosed a significant change in its financial management practices. On June 4, the foundation unveiled a new plan outlining how to invest its reserves, fund DeFi protocols, and develop privacy standards that align with Ethereum’s core principles of neutrality and self-sovereignty. The more influence it has globally, the more attention it receives from institutions, and this change is encouraging a more stable and organized way for capital to engage with ETH. The foundation’s treasury and multi-year reserve spending policy are linked to operating expenses through a prescribed formula. The foundation has taken a big step away from its historically more laissez-faire approach to capital by introducing specific rules regarding the sale of Ethereum, the holding of stablecoins, and how on-chain investments will be made. EF’s new strategy allows for exposure to on-chain opportunities, increasing income Ethereum Foundation’s new strategy is pushing for more direct treasury management , which needs to balance yield generation, risk, and ideological mandates. At the same time, the growth has led to additional complexity, volatility, and management responsibility. It is expected that there will be a big impact not only on Ethereum itself but also on the network community due to the security vulnerability to which the network was recently vulnerable. The Foundation has created a 2-variable treasury function for risk, reckoning fiat reserves, which are 2.5 years of the runway by a 15% stable annual cost. That gives an amount of ETH that can be safely sold to fiat or stable assets. Treasury operations will become more counter-cyclical, with stronger help during market declines and a balanced approach during rising markets. Although Ethereum is still the main part of the treasury, the new guidelines from EF allow for increased exposure to on-chain opportunities like staking, lending, tokenized real-world assets, and select DeFi protocols. EF describes privacy as “a critical civil liberty” in an increasingly surveilled financial space One of the policy’s most shaping features is the codified determination towards privacy, which the Foundation characterizes as “a critical civil liberty” in a more and more surveilled financial environment. The guidance demonstrates a growing concern among the Ethereum community at the emergence of KYC-gated apps, centrally controlled user interfaces, and an overly heavy reliance on off-chain legal cushions. Using a new internal system named “Defipunk,” EF will assess possible DeFi partners based on several factors: open access, self-storage of assets, open-source licenses, and technical privacy features such as transaction protection. Protocols that do not fully meet the standards can still be accepted, but they must show real progress toward those goals. This is a unique attempt by institutions to introduce ethical guidelines into decentralized finance, an industry that usually focuses more on incentives than on moral principles. However, it could also leave EF at odds with US and European regulation trends, where authorities have increasingly turned toward a preference for transparency and adherence to the law over priority given to the availability of cryptographic privacy. The same standards will apply to EF’s internal operations. Treasury deployment-focused staff are anticipated to work with privacy-preserving technology solutions and contribute to open-source infrastructure, partly to shield them from ideological alignment. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
DEXE rebounds by over 8% after breakdown below a key pennant support point to a continued bullish momentum.
IG Group is the first publicly listed company in the UK to let people buy, sell, and hold cryptocurrencies directly on its trading platform. The company’s decision allows the everyday investor to easily trade digital assets on a more transparent and regulated platform than many crypto exchanges. However, critics say the venture could expose people to more risks than wins because digital assets have unstable prices and don’t include investor protections. This begs the question of whether IG Group’s launch will make UK finance available to more people and encourage the safe use of the assets or whether it will cause potential losses for investors who don’t fully understand the risks involved. Why did IG Group launch crypto trading now? Until recently, IG only allowed its UK customers to trade digital assets through CFDs, which meant investors never owned the actual coins but only speculated on price movements. These restrictions were set in place by UK regulations that banned crypt CFDs for retail clients to protect them from high risks. IG has now partnered with Uphold to let users buy, sell, and hold over 30 real digital assets directly within IG’s existing trading platform instead of just betting on prices. The service is less risky than CFDs because it doesn’t involve borrowing money to amplify gains or losses. The user experience allows investors to manage their crypto alongside other accounts, such as Individual Savings Accounts (ISAs), without a separate app or platform because Uphold handles the transaction processing, pricing updates, and securely storing digital coins. IG timed its launch perfectly as UK regulators started introducing cryptocurrency laws. The company wants users to view it as a trusted and regulated way for everyday investors to join the crypto market without leaving a familiar platform. Can IG make crypto investing easier for everyone? People in favor of the launch say IG’s move to offer trading through a well-known, regulated, and publicly listed company will convince investors they are dealing with a reliable and transparent business that follows strict rules to protect consumers. IG’s UK managing director, Michael Healy, describes the company as a “grown-up business,” highlighting how this new service could attract first-time investors looking to explore digital assets without feeling overwhelmed or exposed to the unnecessary dangers found on less-established platforms. Investors will also willingly pay upfront because IG charges a clear and straightforward fee of 1.49% on crypto trades without any hidden costs that could raise suspicions. This new service represents a moment when cryptocurrency finally enters the mainstream financial world to satisfy investors who want safe, simple, and regulated ways to buy, sell, and hold digital coins. IG’s new crypto service could lure investors into high-risk trades Some analysts warn that IG’s new service might expose investors to greater risks because cryptocurrency is highly volatile, and previous market crashes prove how investors can lose billions of pounds instantly. IG may be a regulated and trusted company, but its partner, Uphold, isn’t covered by the UK’s Financial Services Compensation Scheme (FSCS). For this reason, users may have no legal protection or compensation and could lose all their money if something goes wrong, like a hack, technical failure, or insolvency. The launch might also encourage inexperienced or newer investors to jump into speculative trading simply because they trust IG’s strong brand and assume this means their crypto investments are completely safe. However, the truth is that crypto markets can shift dramatically in minutes, and prices can collapse as quickly as they rise. Critics fear that IG’s trusted brand might convince people to take risks they don’t fully understand. When losses inevitably occur because they’re common in crypto, it could damage individual investors’ confidence and shake trust in the broader financial system. IG’s launch could change how the UK handles crypto IG Group’s decision to allow everyday traders to buy, sell, and hold real crypto tokens through a well-known and regulated provider helps normalize the idea that digital assets have a legitimate role in personal finance. The company’s success will attract more traditional financial systems to build similar services that are transparent, secure, and aligned with regulatory expectations, which could set new standards for responsible crypto activities. The move could also convince policymakers that crypto isn’t a high-risk sector run by offshore actors but an asset that serious, regulated institutions can actually manage safely. The stakes are still high because any mishaps could shake investor confidence in IG’s new product and the entire idea of regulated crypto access, forcing the public to question whether traditional financial institutions can manage such a volatile asset class. Political leaders could also face pressure to crack down harder or delay regulation if there’s media attention around investor losses or customer complaints. In the worst-case scenario, the industry IG is trying to elevate could suffer a reputational hit that sets back years of progress. Instead of encouraging thoughtful, inclusive innovation, a misstep could revive old fears that crypto is simply too risky for the average person, no matter who offers it. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
The post XRP Price Prediction For June 5 appeared first on Coinpedia Fintech News The price of XRP has been stuck in a tricky situation lately. While the long-term trend remains bearish, some short-term relief has appeared over the last few days. Let’s break down what’s happening with XRP right now. XRP Still in a Pullback Phase Currently, XRP is holding onto a support area between $2.10 and $2.15. This zone has attracted strong buying pressure, offering temporary stability after a series of bearish moves. However, unless the price manages to push past certain resistance levels, the risks for XRP remain on the downside. XRP price prediction The immediate resistance stands between $2.30 and $2.34. If XRP can break through this level, the next hurdles are placed at $2.44 and then between $2.56 and $2.62. These are crucial areas to watch because a breakout above them could change the entire direction of XRP’s price trend. Is a Bearish Pattern Forming? If XRP gets rejected at the resistance between $2.30 to $2.34, it risks forming a head and shoulders pattern on the daily chart. This is a bearish sign and could drag XRP’s price well below $2. To avoid this, XRP needs to close candles above $2.34, and ideally above $2.44. If that happens, it might even hint at a bigger bullish pattern called an inverse head and shoulders, which could lead to higher prices. That said, there’s an important safety net for XRP bulls. As long as the price holds above the support zone between $1.21 and $1.55, the long-term bullish case remains intact. A fall below this area, however, would mean that a bigger correction is still unfolding. What’s the Bigger Picture? On a longer time frame, analysts are tracking XRP’s movement using Elliott Wave Theory. According to this, XRP might currently be in a fifth wave to the upside, aiming for much higher targets like $5.65 — but only if the market gains bullish momentum and breaks into new all-time highs.
COINOTAG News reports that 10x Research recently revisited its stance on the Ethereum market, highlighting a year-long shift in investor sentiment. Initially skeptical about the viability of an Ethereum ETF,
According to recent data from The Data Nerd, a significant crypto whale identified by the address BwsWU has been actively trading TRUMP tokens. In the previous month, this investor acquired
Ethereum price started a fresh increase above the $2,550 zone. ETH is now facing resistance near the $2,640 and $2,665 levels. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,600 support zone in the near term. Ethereum Price Consolidates Gains Ethereum price started a decent upward move above the $2,500 zone, beating Bitcoin . ETH price was able to climb above the $2,520 and $2,550 resistance levels. The price even cleared the $2,600 resistance zone and tested the $2,665 level. A high was formed at $2,677 and the price is now consolidating gains. There was a minor move below the $2,620 level. The price dipped below the $2,620 level and the 23.6% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. Ethereum price is now trading above $2,550 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,640 level. The next key resistance is near the $2,665 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Downside Break In ETH? If Ethereum fails to clear the $2,665 resistance, it could start a fresh decline. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,575 zone and the 50% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. A clear move below the $2,575 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,575 Major Resistance Level – $2,665