Crypto US stocks are rallying strongly, with Circle (CRCL) leading gains thanks to USDC’s rapid growth and innovative cross-chain expansion. Coinbase (COIN) is advancing through strategic partnerships and regulatory progress
TL;DR WBT reached a new historic peak after WhiteBIT inked another high-profile partnership deal in the sports sector. Despite the rally, the asset’s RSI above 93 signals extreme overbought conditions, suggesting a potential price correction could be just around the corner. The Impressive Ascent There are many well-known cryptocurrencies whose prices have increased in the past month, but few have outperformed the gains posted by WhiteBIT Coin (WBT). The asset’s valuation has jumped by over 70% within that timeframe, recently reaching an all-time high of around $52.30 (according to CoinGecko’s data) before slightly retracing to its current value of $51.50. WBT’s market capitalization neared a whopping $7.5 billion, flipping Toncoin (TON) and Shiba Inu (SHIB) to become the 21st-biggest cryptocurrency in the entire sector. WBT Price, Source: CoinGecko WBT is also the best-performing digital asset (from the top 100 club ) today (June 16), recording an increase of about 30%. The massive green candle was likely triggered by WhiteBIT’s latest sponsorship deal in the football world. The exchange announced a new global partnership with the most successful football club in Italy – Juventus, which will start displaying WhiteBIT’s logo on its official jersey. In 2022, the platform headquartered in Lithuania inked another high-profile agreement with FC Barcelona, becoming its official cryptocurrency exchange partner. The deal also involved Barca’s handball, basketball, roller hockey, and futsal teams. Another factor that could explain the price rally of WBT in the past month is the increased attention coming from large investors. Towards the end of May, crypto platform Santiment revealed that WhiteBIT’s native token was among the top 10 cryptocurrencies, seeing the highest rise in whale activity. Beware of a Sudden Drop While WBT’s pump is undoubtedly impressive, investors willing to jump on the bandwagon should keep an eye on the asset’s Relative Strength Index (RSI), which suggests a pullback might be incoming. According to one X user, WBT’s ratio is the highest among the top 1,000 cryptocurrencies and currently stands at more than 93. WBT RSI, Source: TradingView Such high levels typically indicate that the token’s price has increased too rapidly over a short period. The development hints that WBT has likely entered into overbought territory and could be poised for an imminent correction. Conversely, anything below 30 is considered a bullish element. The post WhiteBIT Coin (WBT) Hits New ATH Following 70% Monthly Surge: What’s Fueling the Rally? appeared first on CryptoPotato .
MAGIC’s 40% surge in 24 hours has stunned traders, with Treasure DAO’s AI agent rollout driving fresh demand. As the backbone of a growing NFT gaming ecosystem, the token’s rally might just be getting started. According to CoinMarketCap data, Treasure ( MAGIC ), the utility token powering the Treasure Metaverse, surged over 40% on June 16, rocketing past key resistance levels as traders piled into the Arbitrum-based gaming asset. The MAGIC price shot from a daily low of $0.112 to highs of $0.179 on Monday afternoon (Asian time) before paring some gains to trade at $0.15 at the time of writing. The token holds a market cap of $47.54 million, with a circulating supply of 306.99 million MAGIC out of a total 347.68 million. You might also like: Can Hyperliquid rise to $50 in June? Why is MAGIC price pumping? The recent MAGIC price explosion followed a major announcement from Treasure DAO introducing autonomous AI agents designed to enhance user experience across Gigaverse and its NFT-driven gaming ecosystem. The announcement, posted on Treasure’s official X account on June 12, appears to have reignited bullish momentum for the token, which had been consolidating for days below the $0.11 resistance level. We’re proud to be a featured team bringing AI agents into @playgigaverse on @AbstractChain ✳️ Fishing is coming soon for NFT AI agents powered by Treasure 🎣 Create your agent, play Gigaverse, and earn autonomously👇 https://t.co/T8t8sMrX1N pic.twitter.com/MB04GgfrPb — Treasure (@Treasure_DAO) June 12, 2025 Another key catalyst likely fueling MAGIC’s rally was Treasure DAO’s June 14 update , which revealed the launch of an “Emotion System” for its NFT AI agents. These agents can now express dynamic emotional states—such as happiness, sadness, or anger—directly within the in-game chat interface, adding a human-like layer of interaction that deepens player immersion. The update also included beta access for Gigaverse fishing and new support for the Under Haul Dungeon, signaling that the Treasure ecosystem isn’t just evolving, it’s shipping fast. For market watchers, that means MAGIC isn’t just reacting to hype. The token is gaining momentum from real ecosystem expansion, deeper utility, and an evolving use case that could set the tone for future GameFi infrastructure. Despite the recent rally, MAGIC is still trading 97.55% below its all-time high of $6.32, set in February 2022. However, it has rebounded an impressive 139% from its April 2025 low of $0.06488, signaling a potential trend reversal as interest in AI-enhanced GameFi reignites. For traders, this presents both opportunity and caution: while the AI-driven momentum and expanding utility signal renewed confidence, MAGIC’s deep bear market discount means volatility will remain extreme. If Treasure DAO continues delivering on its roadmap—blending AI, gaming, and decentralized finance, MAGIC’s price could carve out a sustainable recovery. But in a market still skeptical of metaverse tokens, the path forward will hinge on real adoption, not just hype. For now, one thing is clear: MAGIC is back on the radar. Read more: Sky Protocol price rises as key metric tumbles to a 5-year low
Trump Media and Technology Group is set to launch a joint Bitcoin and Ethereum ETF under the Truth Social brand, marking a significant expansion in its crypto offerings. The ETF
Avalanche has officially integrated Chaos Labs’ Proof-of-Reserves, bringing on-chain verification to assets powering the layer-1 blockchain platform’s decentralized finance ecosystem. In an announcement on June 16, Chaos Labs said Avalanche ( AVAX ) will leverage the Proof-of-Reserves system to provide transparent verification for bridged assets in the Avalanche DeFi stack. This includes ecosystem top coins for cross-chain liquidity, such as Avalanche Bridged Bitcoin (BTC.b) and bridged Wrapped Ethereum (WETH.e) on Avalanche. Beyond cross-chain liquidity, bridged assets like BTC.b and WETH.e unlock collateral utility. They also enable deeper liquidity for decentralized finance features like trading, lending, and structured products. Chaos Labs’ Proof-of-Reserves adds an on-chain system that allows users to monitor and verify the reserves backing these bridged assets. With Chaos Labs’ Proof-of-Reserves architecture, Avalanche can now track reserve data across canonical bridges and custodial solutions. The on-chain validation of attestations enables public monitoring of the Bitcoin and Ethereum that back the BTC.b and WETH.e supplies. Users can verify whether bridged assets on Avalanche have full reserves on their native chains, Bitcoin on the Bitcoin network and Ethereum on the Ethereum network. Importantly, DeFi users on Avalanche, as well as developers and protocols, no longer have to rely on third-party providers to verify tokenized or collateralized assets. You might also like: Avalanche gains momentum as monthly transactions surge 326% but this chart signals a cold front Chaos Labs is backed by top venture capital firms, including PayPal Ventures, Coinbase, Lightspeed, OpenAI, and Haun Ventures. The platform provides technology for risk management systems, oracles, and artificial intelligence models. Together, these tools and solutions help secure billions of dollars in value across the financial market. In September 2024, the Chaos Labs team unveiled Edge , a decentralized Oracle network protocol targeted at bringing a blockchain solution to financial risk and optimization. Edge is aimed at the future of DeFi. Jupiter and recently Ethena are some of the protocols to integrate Edge. Chaos Labs closed a $55 million Series A funding round in August 2024, led by Haun Ventures. You might also like: JuCoin launches new feature that turns trading losses into computing power
Coinbase Prime just sent billions of Shiba Inu (SHIB) to new wallet in one of day's largest transfers
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President Trump's company plans to launch a joint Bitcoin and Ethereum ETF under the Truth Social name, following a solo Bitcoin ETF filing.
Crypto no longer sits in the margins of tech conferences or whitepapers. It is now part of boardroom discussions, product rollouts, and payment infrastructure in real-world commerce. What was once a playground for developers and early adopters has started crossing over into the actual operating systems of modern business. Whether through direct acceptance of digital payments or the deployment of stablecoin-backed services, mainstream companies are aligning themselves with blockchain in ways that serve customers and not just coders. This reflects a calculated recognition that crypto is becoming an operational advantage, and that industry giants have crypto-themed plans for the future. When Corporations Start Speaking Crypto The speculative nature of cryptocurrencies are being replaced by something more durable: integration. Real integration. In the past month alone, Coinbase struck a deal with Shopify to embed USDC payments directly into merchant checkouts. Not as an experiment: this is a feature now. That’s not just a fintech story. That’s a supply chain story, a global commerce story, and a retail UX shift happening in real time. Then came Stellar and PayPal, with the latter launching a stablecoin on the Stellar network. PayPal isn’t dabbling here. It’s not whiteboarding what-ifs. It’s building on-chain infrastructure to serve its user base. This kind of move signals intent, and not just theoretical plans that seemed too far-fetched, like they once were several years ago. Amazon and Walmart are among large multinational companies which have recently discussed issuing their own stablecoins in the US, the Wall Street Journal reports https://t.co/jFMLkas0w3 — Bloomberg (@business) June 13, 2025 Interestingly, top brands that are global names and used worldwide on a daily basis also seem to be keen on leveraging blockchain tech. Reports now confirm Amazon and Walmart are actively exploring stablecoins as a way to cut billions in credit card transaction fees. If that becomes reality, it won’t just reshape the retail payments sector, but could also sideline banks in ways the industry hasn’t seen before. Even Expedia and major airlines are weighing similar transitions. With the Senate evaluating the Genius Act , the door may open for private players to issue stablecoins legally. What this all points to is simple: crypto is being operationalized. These aren’t isolated experiments, but intentional moves by global firms who see blockchain not just as a hedge or trend but as a key part of how they do business. Naturally, utility is being looked at with interest by top institutions, which ultimately makes it the best time to stock up on projects at a good price, that could see major price increases in the coming weeks or months. Best Crypto to Buy Now - Utility Tokens That May Record Major Adoption SUBBD SUBBD rewrites the patron model in a way that rewards both the artist and the supporter. Creators publish lessons, streams, photo sets, or music directly on chain and set flexible entry tiers that unlock as fans collect the project token. Income arrives moments after purchase, removing the lengthy payout queues and large card fees common on conventional subscription sites. Holders can tip during shows, vote on upcoming content, and share revenue if they help promote a rising star. This speed turns audience enthusiasm into instant income. Utility shows in how the token moves through the entire experience. It pays for storage, secures premium bandwidth, and acts as collateral when a creator needs an advance. Smart contracts split profit automatically so that photographers, editors, and managers all receive their share at once. No spreadsheets, no waiting. The platform also builds a programmable loyalty layer. A fan who gathers points through regular viewing can unlock private coaching sessions, concert tickets, or limited-edition merchandise. These perks sit on chain, so the user can carry them to partner venues or resale markets without friction. Crypto YouTuber ClayBro also expressed his bullish views about the project on his YouTube channel, similar to many others in the recent weeks. As adoption of creator-led commerce keeps climbing within fitness, education, and live entertainment, a network that already fixes payout pain holds a strong position. SUBBD presents its token not as marketing gloss but as the mechanism that lets every participant keep more of what they earn and spend it where they like. Simplicity and fairness draw fresh audiences every day. This momentum hints at cross-platform expansion soon. Best Wallet Token Best Wallet Token underpins an all-purpose custodian that removes friction from everyday asset management. The application behaves like a familiar mobile money app while quietly routing funds across chains or layers according to price and traffic. Tap send, pick a recipient, and intelligent routing finds the cheapest path without manual gas settings or token swapping. For newcomers, this eliminates the confusion that once scared them away from on-chain activity. Holding the native token brings concrete rewards. Transaction fees inside the app drop, swap limits rise, and a priority vault opens where staking earnings are paid every hour. Token owners also receive passes to partner airdrops and early tickets to high-demand sales that normally disappear in seconds. These features encourage organic holding rather than speculative flipping. The wallet team has integrated biometric recovery so a lost phone no longer means lost funds. Keys split across cloud, device, and an encrypted shard held by the user’s chosen contact make recovery straightforward. The token pays for this insurance-like service, turning utility into peace of mind. 🔥 Over $13M Raised and Counting! 🔥Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:✅ Buy new tokens early, directly in-app✅ Buy and bridge across chains in one place✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v — Best Wallet (@BestWalletHQ) June 4, 2025 If volume rises, the token pool that backs instant swaps gains steady demand from real storefront activity. As more investors choose products that remove complexity while adding function, a token that fuels fee relief, secure recovery, and merchant settlement carries a case for lasting interest. Ondo Ondo focuses on moving established debt markets into transparent tokenised form. Its flagship instruments wrap short-dated United States Treasury bills, money-market notes, and investment-grade bonds inside tokens that settle in seconds. The result combines on-chain liquidity with the yield and stability that institutions already trust. This strategy is not theory. Asset managers have begun allocating idle liquidity through Ondo pools because redemptions clear faster than traditional funds and reporting is open to anyone with an explorer. Liquidity providers receive yield without banking hours, and traders gain access to collateral that holds steady during market swings. Tokenization is already scaling.“You’re starting to see that inflection point and hockey stick moment. First in cash. Now in treasuries.And the big question is: what’s next?We believe that the assets that make most sense to tokenize is stuff that people really want and is… https://t.co/BzUGoqsY3v — Ondo Finance (@OndoFinance) June 13, 2025 Price action over the past year mirrors this growing use. The token sat under $0.8 for months, then surged above $2 in January as adoption spiked. Profit-taking followed, but a stair step of support formed near ninety cents, suggesting fresh buyers view this zone as fair value. Volume also expanded during rebounds rather than drops, an encouraging sign for strength driven by use rather than hype. Utility extends past yield tokens. Ondo is finalising a permissioned credit market where underwriters post risk metrics directly on chain, cutting settlement lags that slow syndicated loans. The native asset pays for verification, oracle updates, and dispute arbitration, turning every transaction into a source of demand. If the next phase of growth in digital finance involves tying traditional instruments into open infrastructure, a platform already delivering tokenised treasuries and corporate paper looks well placed to capture that demand in the quarters ahead. Solaxy Solaxy approaches the scaling problem from a fresh angle. Instead of choosing between account-based or validator-set models, it has built a dual interpreter that can translate calls from Ethereum and messages from Solana in the same block. Developers import familiar libraries, deploy once, and the runtime places the contract where it executes fastest. Users simply approve in their wallet and receive confirmation within seconds, with costs measured in fractions of a cent. This structural choice unlocks immediate utility. Stablecoin issuers can bridge liquidity without wrapping tokens, while game studios can run high-volume micro-transactions without pushing players to another chain. Liquidity providers route orders through Solaxy to capture arbitrage between the two largest smart-contract communities. Each action requires a modest fee paid in the native token, creating steady sink pressure on supply. Solaxy is soaring through the cosmos! ☄️52M Raised! 🔥 pic.twitter.com/wjPCPzKF0j — SOLAXY (@SOLAXYTOKEN) June 16, 2025 Having raised over a whopping $52 million in its presale, SOLX token’s institutional interest has grown as well. A pilot with a regional bank demonstrates cross-border settlement of invoices between Latin America and Europe, completed in less than five minutes during peak traffic. Audit trails remain open, but proprietary data stays encrypted thanks to optional zero-knowledge modules paid for in the token. The network offers on-chain fee markets that adjust block-space price every thirty seconds, preventing sudden spikes during popular launches. Stakers who keep nodes online earn a share of those fees plus a reputation score that grants higher delegation caps. As more builders look for seamless paths between established chains, a protocol offering instant translation without wrapped substitutes stands to gain traction. Conclusion Adoption data seems to be speaking loud, as stablecoin checkouts are live, enterprise wallets simplify custody, and tokenised treasuries pull real yield on chain. Each advance converts crypto from a speculative coupon into practical infrastructure that cuts costs and opens revenue streams. Institutional desks and retail buyers now share the same guiding metric: actual use. Assets that power payments, custody, credit, and settlement stand to capture fresh flows as companies migrate fundamental processes to blockchains. The window to acquire these cryptos while valuations are low seems to open for now, but not for long. So for those looking to make huge profits on projects while the market is in correction, now would definitely be an excellent time to consider projects like the ones mentioned above. Disclaimer: This is a sponsored article 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.