a16z X Account Compromised by Hackers Linking to Suspicious Airdrop

The social media account of a venture capitalist firm that manages tens of billions of dollars worth of assets has been hacked by bad actors linking to a suspicious crypto airdrop. In a new thread on the social media platform X, prominent tech venture capitalist firm Andreessen Horowitz (a16z) says that its X account briefly suffered a security breach and was taken over to promote a fake digital asset. “Earlier today, our X account was briefly compromised. During that time, the account promoted a token and other fake content – none of which originated from a16z. Apologies for any confusion caused by the clowns who temporarily took over our account.” Andreesen Horowitz’s X account, which has 851,000 followers, was used to promote a new, nonexistent Solana ( SOL )-based token that was said to be created by the firm. Earlier this year, in February, on-chain analyst Colin Wu noted that the X account of one of the founders of a16z was hacked and also used to promote a fake project. “Earlier, the X account of a16z founder Shaw was hacked and a fake Eliza scam link was released. Shaw said he didn’t know how the hacker carried out the attack. He has two-factor authentication, a password manager, and a strong password. This attack was carefully planned and targeted. He apologized to all those who lost money.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/A. Solano/Nikelser Kate The post a16z X Account Compromised by Hackers Linking to Suspicious Airdrop appeared first on The Daily Hodl .

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Bitcoin Mining: Shocking Dismissal by French Lawmakers on Excess Energy Use Study

BitcoinWorld Bitcoin Mining: Shocking Dismissal by French Lawmakers on Excess Energy Use Study The intersection of energy policy and the burgeoning world of cryptocurrency mining is a hot topic globally. In France, a recent development has put a spotlight on this complex relationship, specifically concerning the potential use of the nation’s surplus energy. However, the path forward for exploring this idea seems to have hit a roadblock, at least for now. What Happened with French Energy Policy and Bitcoin Mining? Recent reports from Bitcoin.com News highlight a significant decision made by the French National Assembly. Lawmakers there chose not to move forward with a proposal that would have initiated a study into whether Bitcoin mining could serve as an outlet for the country’s excess energy. This wasn’t a vote on actually *using* energy for mining, but merely on whether to conduct a feasibility study. The proposed amendment, which aimed simply to explore the concept, was reportedly dismissed on procedural grounds. This means the idea didn’t even get a full debate on its potential merits or drawbacks within the assembly. The decision effectively shut down the immediate possibility of a formal governmental exploration into this specific use case for surplus energy. This development is particularly noteworthy given France’s unique energy landscape, which is heavily reliant on nuclear power, providing a stable base load that can sometimes lead to periods of excess generation, especially during low demand periods or when renewable sources are producing strongly. Why Consider Bitcoin Mining for Excess Energy? The idea of using excess energy for Bitcoin mining isn’t new globally. It stems from the fundamental nature of Bitcoin’s Proof-of-Work consensus mechanism, which requires significant computational power and, consequently, energy. While often criticized for its energy consumption, proponents argue that directing energy that would otherwise be wasted or curtailed towards a productive economic activity like mining offers several potential benefits: Monetizing Waste: Energy grids sometimes produce more power than is immediately needed, particularly from inflexible sources like nuclear or intermittent renewables during peak generation times and low demand. This excess energy can be difficult or costly to store or transmit. Bitcoin mining provides a flexible, interruptible load that can consume this energy, turning a potential liability (wasted energy) into an asset (mined Bitcoin). Grid Stability: Mining operations can potentially act as a form of demand response. They can be powered up quickly when excess energy is available and powered down when the grid needs that power elsewhere, helping to balance supply and demand. This is particularly relevant for managing the variability introduced by growing sources of renewable energy. Funding Renewable Projects: In regions with significant renewable energy production (like hydro, solar, or wind), excess generation is sometimes curtailed (shut down) because the grid cannot absorb it all. Co-locating Bitcoin mining facilities with these projects allows the excess renewable energy to be used on-site, improving the economics of the renewable project and potentially incentivizing further development of sustainable energy infrastructure. Economic Opportunity: Utilizing domestically produced excess energy for mining keeps the economic value generated (the mined Bitcoin) within the country, potentially creating jobs and tax revenue. Decentralized Infrastructure: Bitcoin mining contributes to the security and decentralization of the Bitcoin network, which some view as a strategic advantage. The amendment proposed in France aimed to study these possibilities, exploring the technical, economic, and environmental feasibility within the specific context of the French grid and its energy mix. The procedural dismissal means these potential benefits, at least from a governmental perspective, remain unexamined. What Are the Concerns and Why the Dismissal? While the amendment was dismissed procedurally, preventing a full debate on the merits, there are underlying concerns often raised about Bitcoin mining that likely contribute to such hesitations and regulatory stances, including aspects related to cryptocurrency regulation France might consider in the future. Potential reasons for the resistance or underlying concerns could include: Public Perception and Environmental Concerns: Despite the focus on *excess* energy, Bitcoin mining still carries a public image of being energy-intensive. Lawmakers might be wary of associating a national energy strategy, even for surplus power, with an activity perceived by some as environmentally damaging. Understanding the Technology: The complexities of Bitcoin mining and its potential integration with grid management might not be fully understood by all policymakers, leading to caution or skepticism. Focus on Other Priorities: French energy policy has numerous pressing challenges, including maintaining nuclear infrastructure, developing renewables, ensuring energy security, and managing energy costs for citizens. Exploring a novel use case like Bitcoin mining for excess energy might be seen as a low priority compared to these more traditional concerns. Procedural Hurdles: The specific reason for the procedural dismissal isn’t detailed in the source, but it could relate to how the amendment was drafted, its timing, or its relevance to the specific bill it was attached to. Sometimes, good ideas get sidelined due to parliamentary procedures rather than outright opposition to the concept itself. Regulatory Uncertainty: The broader landscape of cryptocurrency regulation in France and the EU is still evolving. Integrating a decentralized, global activity like Bitcoin mining into national energy infrastructure might raise complex regulatory questions that lawmakers are not yet prepared to address. The lack of a formal study means these concerns, as well as the potential benefits, were not publicly debated or analyzed by the National Assembly. This leaves the door open for continued speculation and debate outside of the official governmental process. French Energy Policy Context: A Quick Look To understand the context of this decision, it’s important to touch upon the specifics of French energy policy. France has historically relied heavily on nuclear power, which provides a large, stable baseload of electricity. This is complemented by hydroelectric power, and increasingly, by solar and wind energy. The nature of nuclear power means it’s not easily ramped up or down in response to short-term demand fluctuations. This can lead to situations where generation exceeds demand, particularly during off-peak hours or mild weather. Furthermore, the growth of intermittent renewables like solar and wind can also create periods of surplus energy generation, especially when windy or sunny conditions coincide with low demand. Managing this variability and utilizing or storing this excess energy efficiently is a key challenge for grid operators everywhere, including France. The amendment likely sought to investigate if Bitcoin mining could be a part of the solution for managing these specific types of surplus energy situations, acting as a flexible load that could be curtailed when the energy is needed elsewhere or when prices rise. What Does This Mean for Cryptocurrency Regulation in France? While this specific decision was about energy use and not direct cryptocurrency regulation France, it reflects a cautious approach by lawmakers towards integrating novel crypto-related activities into established national infrastructure and policy areas. The procedural dismissal suggests either a lack of political will to delve into the topic at this time, or perhaps indicates that the legislative path chosen for the amendment was not the appropriate one. It doesn’t necessarily signal outright hostility towards Bitcoin or crypto, but rather a reluctance to formally explore its potential role in a critical sector like energy without, perhaps, more public pressure, better understanding, or a different political climate. Future discussions around cryptocurrency regulation in France might still touch upon the energy footprint of crypto activities, but this specific avenue for potentially utilizing surplus power has been put on hold. Sustainable Energy and Bitcoin: An Ongoing Debate The debate around Bitcoin’s energy consumption and its relationship with sustainable energy sources is far from settled. Proponents argue that Bitcoin mining can actually *support* the development of renewable energy by providing a ready buyer for otherwise curtailed or stranded power. Critics remain concerned about the overall scale of energy use and the potential for mining to incentivize the use of fossil fuels in other contexts. The French proposal to study using excess energy fits squarely into this debate. It represents an attempt to explore a pathway where Bitcoin mining could be aligned with energy efficiency and sustainability goals, by consuming energy that would otherwise go to waste. The rejection of this study means France is not currently exploring this specific alignment at a governmental level, leaving potential opportunities on the table according to proponents, or avoiding a potentially controversial association according to critics. Looking Ahead: What’s Next? The procedural dismissal of the amendment doesn’t mean the conversation is over. The topic of energy use by cryptocurrencies, including Bitcoin mining, is likely to remain a subject of discussion in policy circles, especially as France and the EU continue to grapple with energy security, climate goals, and digital innovation. Future developments could include: Industry-Led Initiatives: The private sector in France might still explore opportunities to use excess energy for mining, perhaps through direct agreements with energy producers or grid operators, independent of governmental studies. Renewed Legislative Efforts: Proponents of the idea could attempt to introduce similar proposals again in the future, perhaps with different phrasing, timing, or attached to different legislation. Broader EU Discussions: Energy and cryptocurrency regulation are often discussed at the EU level. Developments in other member states or directives from Brussels could influence France’s approach. Increased Public and Political Education: A clearer understanding of how Bitcoin mining can be used for grid balancing or consuming otherwise wasted energy might shift perspectives over time. For now, the formal exploration of using France’s excess energy for Bitcoin mining is paused, a result of procedural hurdles rather than a deep dive into the potential benefits and challenges. Summary: A Missed Opportunity for Study? The decision by the French National Assembly to dismiss an amendment proposing a study on using the nation’s excess energy for Bitcoin mining is a notable event in the ongoing global discussion about cryptocurrency’s energy footprint and its potential integration with energy grids. While the dismissal was procedural, it effectively halts official exploration into a concept that proponents argue could offer significant benefits for French energy policy, grid stability, and the monetization of otherwise wasted power. The lack of a formal study leaves the potential advantages, as well as the legitimate concerns regarding environmental perception and technical integration, undiscussed at the governmental level. As France navigates its energy future and the evolving landscape of cryptocurrency regulation France, the question of how best to utilize its excess energy, and whether activities like Bitcoin mining could play a role in promoting sustainable energy goals, remains a fascinating and relevant topic for future consideration. To learn more about the latest Bitcoin and French energy policy trends, explore our articles on key developments shaping cryptocurrency regulation and sustainable energy initiatives. This post Bitcoin Mining: Shocking Dismissal by French Lawmakers on Excess Energy Use Study first appeared on BitcoinWorld and is written by Editorial Team

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$OKB Jumps 10%, Sets Up for $60 Breakout Amid Crypto Exchange Token Race

$OKB has ignited another 10% rally, blasting past $52 as the OKX token defies 2025’s bearish whispers. The token’s relentless climb now locks horns with Bitget’s $BGB, with a market capitalization of $3.1B fueling its charge into crypto’s top 30. Source: CoinMarketCap $OKB Clinches $3.16B in Market Cap, Now Trails Only $BNB and $BGB Among Crypto Exchange Tokens Among exchange-issued tokens, $OKB remains the third-largest, behind only Binance Coin ($BNB) and Bitget’s $BGB. To provide perspective, exchange tokens are digital assets issued by centralized cryptocurrency trading platforms that offer various incentives, such as discounted trading fees, staking rewards, and enhanced user benefits to traders and investors. According to CoinMarketCap’s latest exchange rankings, OKX is currently the fifth-largest global exchange, trailing only Upbit, Coinbase, Bybit, and Binance. Source: CoinMarketCap Yet, despite OKX attracting an average of 5.3 million weekly users, over 1.5 million more than Bitget, many analysts believe $OKB is still undervalued compared to $BGB. It’s worth recalling that $BGB saw a parabolic move in Q4 2024, soaring over 200% within just one month. Now, $OKB appears to be following a similar path. A trader on X noted that $OKB is one of the few altcoins keeping pace with Bitcoin’s 90-day performance, and still has room to rally, potentially targeting the $60 zone. ALTCOINS THAT ARE CATCHING UP TO BITCOINS PERFORMANCE, PAST 90 DAYS: $BTC $RAY $INJ $OKB $RENDER $ETH pic.twitter.com/ic1CTDI2em — alibynx (@alibynx) June 7, 2025 Building on its momentum, OKX has recently expanded its fully licensed operations into Germany and Poland. Increased trading activity in these regulated European markets could further support $OKB’s push toward retesting its December 2024 highs. MACD Nears Bullish Crossover as $OKB Volume Surges Technically, the $OKB/$USDT daily chart paints a bullish picture. The token rebounded sharply from key support at $46.58, climbing over 10% to trade around $53.04. This move brings it close to the immediate resistance at $56.16, a historically strong ceiling. Source: TradingView Buying pressure is building, as reflected by the strong green candle on elevated volume. The MACD remains below the zero line but is showing convergence between the MACD and signal lines, indicating a potential bullish crossover. Should $OKB clear the $56.16 resistance, the next target is $60.64, representing a 12.8% upside from current levels. However, failure to break above $46.58 may lead to another pullback toward that support, with further downside risk to $42.86. That said, current momentum favors the bulls, and a confirmed breakout above $56.16 would strengthen the case for further gains. The post $OKB Jumps 10%, Sets Up for $60 Breakout Amid Crypto Exchange Token Race appeared first on Cryptonews .

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This coin under $0.002 gains attention as a potential alternative to XRP in next bull run

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP eyes $2.50, retail investors explore low-cost breakout bets like LILPEPE, priced at just $0.0012. Table of Contents XRP: The giant awakens, but growth may be limited LILPEPE vs. XRP: Possible return on investment How to buy LILPEPE: Step by step Conclusion As Ripple’s XRP approaches significant highs again, while the global economy remains shaky, investors are closely watching the charts and waiting for the next major catalyst. XRP recently broke past the $2.21 resistance level, rose to a high of $2.33, and then stabilized around $2.25. This shows that the market is positive. Rumors of a spot XRP ETF and more interest from institutions are also fueling the rise. However, since XRP is currently worth more than $2, and billions of tokens are circulating, many retail investors wonder if there is a better opportunity to make money elsewhere. Little Pepe (LILPEPE) is a meme-based Layer 2 project that costs only $0.0012 per token. Analysts believe that this meme-native blockchain could be the breakout star of the next bull run, with a potential return on investment of up to 94 times. It could also be a better short- to mid-term selection than XRP for quick gains. You might also like: Shiba Inu exploded in 2021, PEPE in 2023, this frog token under $0.002 could soar in 2025 XRP: The giant awakens, but growth may be limited One of the best things about the coin is that it can be used for cross-border payments. XRP has also been robust amid market corrections, which is giving optimistic momentum. As it found support around $2.29, more than 100 million units were traded. Institutions were quietly purchasing units through large block trades. However, XRP’s price range of $2.14 to $2.33 suggests that even a 3x gain would require a significant influx of new money. For many retail investors, the chances of achieving life-changing profits are smaller than those with low-cap, early-stage tokens. Little Pepe: The underdog who has what it takes to win XRP remains a heavyweight with numerous applications, but Little Pepe is garnering attention for other reasons. LILPEPE is a new Layer 2 blockchain made solely for memes and viral content. Right now, it is in Stage 3 of its presale and costs only $0.0012. The coin has already raised $1,325,000 in less than a week during Stage 2, and it’s gaining speed quickly due to a combination of , unique technology, and the power of the community. Here’s why LILPEPE can be a superior risk-reward option than XRP: One-of-a-kind layer 2 tech made for meme culture Little Pepe is launching its own Layer 2 blockchain, which differs from most memecoins that debut on Ethereum or Binance Smart Chain and rely solely on hype. This makes it possible for: Very low fees Transactions that happen very quickly Sniper-bot protection for fairer trade A meme that comes with it, Launchpad to help future meme tokens grow It’s not just a coin; it’s a whole ecosystem where meme culture is fully on-chain. No taxes, no rug, and complete transparency Little Pepe is different because it has no buy/sell taxes, frozen liquidity, and no team allocation from the presale. These are all signs of a rug-proof design that prioritizes fairness. These tokenomics put the community first: 26.5% presale Allocations 30% reserves for the chain 13.5% staking and rewards 10% for marketing 10% cash flow 10% of CEX/DEX reserves 0% team distribution LILPEPE vs. XRP: Possible return on investment Let’s look at the good things about both: Price of XRP: around $2.15 Price of LILPEPE: $0.0012 To make 10x: XRP would have to reach $22.50, which is not close to the all-time high that was never achieved, even during the 2021 bull run. LILPEPE’s market cap is under $1.2 billion, which is less than most top memecoins like SHIB and PEPE, it only needs to attain $0.012. If LILPEPE reaches $0.11, that’s a 94x return. It hits 100x at $0.12. These targets are not just dreams; they are based on past meme currency cycles and on the fact that they are easy to enter, have a strong community, and offer good infrastructure. How to buy LILPEPE: Step by step Visit the official website. Link a wallet, either Trust Wallet or MetaMask. Pick how to pay (ETH or USDT) Choose Stage 3, which costs $0.0012. Enter the amount and click “Buy.” Verify the transaction in the wallet. Get tokens after the presale is over. New users can buy ETH directly via fiat on-ramps, such as Ramp or MoonPay, and use it to join. Conclusion XRP is gaining strength, breaking through key resistance levels, and drawing the attention of major investors. However, for crypto users who want to make more money with a small amount of capital, LILPEPE presents a great opportunity. It’s a project that combines the popularity of memes with serious technology to create a Layer 2 for the culture. Little Pepe could be the dark horse of this bull cycle, as its presale is going through the roof, and it could make 94 times its investment. Act quickly, as Stage 3 tokens are selling out rapidly. To learn more about Little Pepe, visit the website , Telegram , and Twitter (X) . Read more: From meme to the moon: Why LILPEPE might outperform XRP this bull cycle 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.

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Ethereum Staking Rewards Decline Amid Growing DeFi Lending Adoption and Stablecoin Yields

DeFi lending platforms are increasingly favored over staking ETH, yet these innovative financial products fundamentally rely on the Ethereum network. Despite declining staking rewards, Ethereum maintains robust network activity and

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Arthur Hayes Unleashes Stunning $1M Bitcoin Price Prediction by 2028 Fueled by Fed Liquidity

BitcoinWorld Arthur Hayes Unleashes Stunning $1M Bitcoin Price Prediction by 2028 Fueled by Fed Liquidity Hey crypto enthusiasts! Get ready for a bold forecast that’s making waves across the crypto market . Arthur Hayes, the outspoken co-founder of the BitMEX cryptocurrency exchange, recently shared a truly ambitious vision for Bitcoin’s future price trajectory. What’s the Big Prediction from Arthur Hayes? In a candid interview, Arthur Hayes laid out his case for a staggering potential target for Bitcoin. He didn’t just suggest a modest increase; he’s looking at a monumental surge. According to Hayes, the Bitcoin price prediction could see BTC soaring to heights previously thought unimaginable by many. Specifically, Hayes believes Bitcoin could hit: $250,000 by the end of the current year (representing a significant gain from recent levels). A jaw-dropping $1,000,000 (or $1M) by the year 2028 . This isn’t just a random guess; Hayes ties this incredible forecast to specific macroeconomic factors he believes will play out over the coming years. How Does Fed Liquidity Fuel This Massive BTC Price? The core of Hayes’ argument revolves around the actions of the U.S. Federal Reserve. He anticipates a colossal injection of liquidity into the U.S. economy. Here’s the breakdown of his reasoning: Massive Liquidity Injection: Hayes projects that the Federal Reserve will inject approximately $9 trillion in liquidity into the U.S. economy by 2028. Think of this as a significant increase in the money supply or available credit within the system. Flow into Traditional Finance First: This vast pool of liquidity doesn’t immediately rush into crypto. Hayes suggests it will first flow into traditional economic sectors and financial markets. This includes areas like manufacturing and other parts of the ‘real economy’. Spillover into Risk Assets: As this liquidity permeates the traditional system, it eventually seeks higher returns. This leads to capital flowing into ‘risk assets’. What are risk assets? They are investments like stocks, commodities, and yes, cryptocurrencies like Bitcoin, which have the potential for higher returns but also higher volatility compared to safer investments like government bonds. Bitcoin as a Prime Beneficiary: Given its nature as a scarce digital asset often seen as a hedge against inflation or currency devaluation, Bitcoin is positioned, in Hayes’ view, to be a major beneficiary of this liquidity spillover. What About Easing Bank Regulations? Arthur Hayes also pointed to another factor accelerating this process: changes in banking regulations. He noted that easing capital requirements for banks holding U.S. Treasuries is significant. How does this help Bitcoin? Freed-Up Lending Capacity: By requiring banks to hold less capital against their Treasury holdings, it effectively frees up capital that banks can use for lending. Credit Expansion: This increased capacity can drive an expansion of credit throughout the economy. More Fuel for the Fire: This expansion of credit adds another layer of liquidity and capital seeking returns, further contributing to the potential flow into risk assets and ultimately boosting the BTC price . It’s a complex interplay of monetary policy and banking regulations that Hayes believes creates a fertile ground for substantial asset price appreciation, with Bitcoin being a prime candidate for explosive growth. Is a $1M Bitcoin Price Realistic by 2028? Hayes’ prediction is undoubtedly bold and sits at the higher end of many long-term forecasts. While the mechanism he describes – liquidity flowing into risk assets – is a recognized economic principle, the exact scale and timeline are subject to debate. Investors should consider: Macroeconomic conditions can change rapidly. Regulatory environments for crypto are still evolving globally. Bitcoin’s own adoption rate and technological developments will play a role. However, coming from a figure like Arthur Hayes , whose insights often stem from a deep understanding of market structure and global finance, the prediction warrants attention and highlights the potential upside many see for Bitcoin in a world of expanding fiat currency supply. Concluding Thoughts on the $1M BTC Price Target Arthur Hayes’ forecast of Bitcoin reaching $1 million by 2028, driven by anticipated Federal Reserve liquidity and easing bank regulations, paints an incredibly bullish picture for the future of the crypto market . While ambitious, his rationale provides a clear framework rooted in macroeconomic forces. Whether BTC reaches this specific target or not, the prediction underscores the significant potential many experts see for Bitcoin as global liquidity expands. It serves as a powerful reminder of the long-term upside potential that attracts investors to the digital asset space. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Arthur Hayes Unleashes Stunning $1M Bitcoin Price Prediction by 2028 Fueled by Fed Liquidity first appeared on BitcoinWorld and is written by Editorial Team

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Momentum, Wormhole & OKX partner to boost Sui network liquidity

Momentum, a decentralized finance protocol built on Sui, is teaming up with Wormhole and OKX Wallet to boost cross-chain liquidity on the Sui network. The collaboration will see the Sui ( SUI ) blockchain benefit from an influx of billions of dollars in cross-chain liquidity, Momentum said in an announcement . As part of this quest to bring further interoperability and functionality to Sui, Momentum will tap into Wormhole ( W )’s native token transfer framework and OKX ‘s learn-to-earn platform OKX Cryptopedia. Momentum thus becomes the first decentralized exchange to support Wormhole’s NTT-powered assets, bringing seamless, native asset transfers from across Ethereum Virtual Machine chains and Solana to Sui. Big news from @MMTFinance . We’re building with @wormhole and OKX @wallet to unlock billions in cross-chain liquidity for the @SuiNetwork ecosystem. This is a major leap forward in development, and it’s just the beginning. — Momentum (@MMTFinance) June 19, 2025 You might also like: Sui rallies past $1.75B TVL as bitcoin and stablecoin flows spike Support for Gate, MEXC tokens As a top interoperability protocol, Wormhole accounts for over $60 billion in all-time volume. The launch of NTT on Sui goes live with initial support for Gate Token ( GT ) and MEXC Token ( MX ). Momentum will also support Solana memecoin Bonk ( BONK ) as one of the first tokens in the Wormhole NTT to Sui initiative. Meanwhile, OKX Cryptopedia is accessible via OKX Wallet, and its learn-to-earn program with a prize pool of more than $1 million will support Momentum and other Sui network players. Assets to be spotlighted will include xSUI, a newly-launched liquid staking token and xBTC, a wrapped Bitcoin ( BTC ) token on OKX. “By bringing our Native Token Transfers framework to Sui, we’re enabling seamless cross-chain liquidity flows that will strengthen Momentum’s market positioning as they are able to support new native assets and attract new liquidity,” Dan Reecer, co-founder of Wormhole Foundation, said in a statement. The partnership will seed the supported token pairs on Momentum to boost the protocol’s total value locked, with this going live ahead of the network’s launch of the bridge in September. Momentum launched in beta on March 31, 2025, with growth momentum sending its TVL to an all-time high of over $95 million within 10 weeks. The project recently raised a strategic round at a $100 million valuation led by OKX Ventures, and participation of the venture capital arms of Coinbase, Gate.io, KuCoin and MEXC crypto exchanges. You might also like: LayerZero price dips ahead of fee vote, huge ZRO token unlock

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Ethereum yield drops below 3% – Is ETH losing the battle for on-chain returns?

DeFi lending platforms are preferred over staking ETH, but we must remember that these products are built on Ethereum.

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Ethereum Analyst Eyes High Timeframe Close – Range Break Above $2,800 Could Be Violent

Ethereum is currently facing a pivotal moment as it continues to consolidate below the $3,000 level. Bulls are targeting a breakout above this key resistance zone, which could trigger a major upward move. However, broader market conditions remain fragile. Geopolitical tensions—particularly the ongoing conflict between Israel and Iran—continue to create a high-risk macroeconomic environment, leading to increased volatility and intermittent selling pressure across risk assets. Related Reading: Tron Shows Real Growth: Transaction Volume Soars While Success Rate Stays Above 96% Despite these challenges, ETH has shown resilience by holding above the $2,500 support zone. The price has remained locked in a narrow trading range for weeks, reflecting market indecision and caution among participants. According to a technical analysis shared by top analyst Daan, Ethereum continues to trade within this very tight range, with price wicks on both sides consistently getting absorbed. This type of price action signals growing compression, often a precursor to a strong directional move once one side gives in. Traders are now closely monitoring the structure for a higher timeframe close above $2,800, which could validate bullish momentum and open the path toward $3,000 and beyond. Until then, the market appears balanced, and any shift in geopolitical developments may quickly tilt sentiment in either direction. Ethereum Prepares For Breakout as Market Awaits Confirmation Ethereum remains over 60% below its 2024 high of $4,100, but the asset is showing signs of recovery after months of downward pressure and indecision. Bulls have struggled to regain control throughout the year, but recent price action indicates the start of a potential rally. This recovery, however, remains tentative and will require confirmation through a higher timeframe close above critical resistance levels, particularly the $2,800–$3,000 range. The broader environment continues to weigh heavily on sentiment. Escalating geopolitical tensions in the Middle East, coupled with macroeconomic uncertainty—including rising U.S. Treasury yields and concerns about inflation—are creating headwinds for risk assets, Ethereum included. Despite this, ETH has managed to hold key support above the $2,500 level, a sign that bulls are defending their ground. According to technical analysis shared by analyst Daan, Ethereum is currently trading within a very tight range, with price wicks on both sides being consistently absorbed. This type of compression typically signals an incoming surge in volatility. Daan notes that once one side gives in, the resulting move often becomes explosive and sustained. The current range-bound action reflects equilibrium between buyers and sellers, but that balance won’t last forever. Traders are watching closely for a decisive higher timeframe close above resistance—or below support—as confirmation of the next trend direction. With ETH positioned near major technical zones, a breakout could lead to significant momentum, potentially bringing Ethereum closer to reclaiming the psychological $3,000 mark and reigniting a push toward cycle highs. Until then, the market remains in a wait-and-see mode. Related Reading: Bitcoin Consolidates as Realized Profits Stay Low – No Signs Of Major Sell-Off Yet Ethereum Continues Range-Bound Trading As Key Support Holds Ethereum (ETH) remains locked in a tight range between approximately $2,500 and $2,800, showing little directional clarity over the past several weeks. The chart above (12-hour timeframe) reflects persistent consolidation with multiple wicks on both ends of the candles, indicating absorption of both bullish and bearish momentum. This suggests that neither buyers nor sellers have taken firm control. ETH currently trades near $2,540 and is holding above the 100-period simple moving average (SMA), which is acting as short-term support. The 50 SMA has flattened, further reinforcing the sideways nature of the price action. Volume has also tapered off, typical in compression phases that often precede strong breakouts or breakdowns. If ETH fails to reclaim the $2,675–$2,800 resistance zone, the 200 SMA near $2,117 may become relevant as a deeper support target. However, as long as ETH maintains price action above $2,500, bulls are still in play. Related Reading: Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack The structure suggests that Ethereum is building energy for a decisive move. A higher timeframe close above $2,800 could trigger a new leg up toward $3,000 and beyond. Conversely, a break below $2,500 could lead to renewed bearish pressure. For now, traders are watching for breakout confirmation. Featured image from Dall-E, chart from TradingView

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On‑Chain Numbers Reveal Investors Are Fleeing Cardano (ADA) as Buying Frenzy Builds Around This $0.03 Altcoin

Recent on‑chain data reveals a troubling trend for Cardano (ADA), whales have offloaded more than 270 million ADA in the past week, according to Santiment, signaling a major liquidity drain. Cardano is now trading near $0.64. While the Cardano Foundation tries to steady the ship with enterprise solutions like Originate, broader market sentiment remains bearish and risk-averse. Meanwhile, the spotlight has shifted to a $0.03 DeFi altcoin, Mutuum Finance (MUTM) , which is drawing frantic buying pressure and being watched as the next big cryptocurrency. Mutuum Finance, priced at just $0.03 during its presale, has already surged 200%, positioning itself as one of the most talked-about new crypto tokens this quarter. The project has gained more than 12,200 investors who have contributed $10.8 million during the ongoing presale. Investors taking part in the Mutuum Finance Phase 5 presale will see a 100% ROI when it launches at $0.06. Mutuum Finance Changing the Game of DeFi Lending Mutuum Finance is pioneering a new standard lending platform in which users retain full control of their assets and passively diversify to increase earning potential through a secure flexible system. Mutuum provides lending that is simpler and trustless since borrowers can get lending by using overcollateralized funds and lenders can get returns from smart contracts. The platform is an effective dual-lending platform that combines the Peer-to-Contract (P2C) and Peer-to-Peer (P2P) schemes. The P2C strategy uses smart contracts to control lending pools that have floating interest rates. The system is meant to be responsive to market situations in real time, a fact that makes returns earned by lenders more predictable and borrowers more stable in terms of finances. In the meantime, there are also those like the P2P model that completely does away with middlemen and allows the user to agree on terms with each another. Such an arrangement of providing direct lending is particularly useful with more volatile assets, such as those of meme coins, as flexibility and control are key concerns there. Phase 5 of the Mutuum Presale Is Underway, $10.8M+ Raised Mutuum Finance’s presale has reached a major milestone, raising over $10.8 million and attracting more than 12,200 token holders. Now in Phase 5 investor confidence continues to grow as the platform distinguishes itself from short-lived meme coins. Mutuum Finance Stablecoin and CertiK Audit In a move that further strengthens its ecosystem Mutuum Finance is preparing to launch a fully collateralized USD-pegged stablecoin on the Ethereum network. Unlike algorithmic stablecoins that have struggled with price stability Mutuum’s version will be backed by actual collateral. The platform has also undergone a security audit by CertiK one of the most respected names in blockchain security. Early Investors Benefit The project is also conducting a $100,000 giveaway where 10 people will be getting a lump sum of $10,000 MUTM tokens. It is a strong motivator not only to the whole crypto community but also those who will support the project at early stages. Cardano whales have dumped over 270M ADA, while Mutuum Finance surges ahead, raising $10.8M+ from 12,200+ investors in its Phase 5 presale. At $0.03, with a launch price of $0.06, early buyers can lock in 100% gains. With a CertiK audit, USD-pegged stablecoin, and a powerful P2P and P2C lending model, Mutuum is built for real growth. Don’t wait, visit now and join before the next price jump. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

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