Ethereum spot ETFs continue to dominate the crypto investment landscape with a remarkable 15-day streak of positive inflows, signaling strong institutional confidence. In contrast to Bitcoin ETFs, which have experienced
To capitalize on Bitcoin’s market dominance and substantial liquidity, Cardano is monitoring the apex cryptocurrency’s decentralized finance (DeFi) ecosystem. Taking on X, formerly Twitter, Cardano founder Charles Hoskinson pointed out , “ Now that we are on the other side of the tempest in the teacup, the ecosystem can move on to higher ground with greener pastures. We have left behind slander brigades, disgruntled exes, and toxic energy vampires for Bitcoin DeFi, governance finally taking shape, Midnight, and massive advances like Leios and Midgard.” Therefore, Hoskinson is optimistic that Cardano will enter the Bitcoin DeFi ecosystem in full swing because it will act as a stepping stone towards driving innovation and unlocking new financial opportunities in the crypto space. This move could position Cardano as a leading platform for DeFi by utilizing its smart contract capabilities and Bitcoin’s liquidity. Hoskinson also recently unveiled Cardano’s ambitious vision , where artificial intelligence and privacy-focused sidechain Midnight will take center stage. Cardano’s Adoption Rate Skyrockets As Cardano’s transactions continue scaling heights after hitting 110 million with close to 22 billion ADA being staked across almost 3,000 pools, the tenth-largest cryptocurrency continues to enjoy active community engagement and heightened DeFi growth. Meanwhile, the roll out of a Cardano exchange-traded fund (ETF) continues to make airwaves with odds recently hitting a new all-time high (ATH) of 71%. The roll out of an ADA ETF will be embraced with open arms because it will ignite the institutional investment fire, which is bullish in the long term.
An analyst at banking giant UBS has lowered its price target for Berkshire Hathaway. Analyst Brian Meredith still has a buy rating on Berkshire Hathaway (BRK.B) Class B shares, but has cut the price target from $606 per share to $591, reports CNBC. In an investment note, Meredith says the decline in the share price target is due to the expectation of less investment income as well as no stock buybacks this year and in 2026. “We continue to believe BRK’s shares are attractive in an uncertain macro environment with $347 billion of cash and [short-term] investments, a defensive business mix, and manageable tariff exposure.” Data shows Berkshire’s billionaire CEO Warren Buffett has parked $305.5 billion into the safe-haven asset class, short-dated Treasuries. Berkshire Hathaway’s holdings in short-dated Treasuries increased from $286.472 billion in Q4 2024 to $305.501 billion in Q1 of 2025 – a 6.64% increase in three months. Data from the Treasury Department shows Berkshire’s trove of US debt is large enough to surpass Taiwan’s holdings at $297.8 billion. At the same time, the firm has been slashing stakes in banking giants Citigroup, Bank of America, and Capital One. Filings show that the investment firm fully exited Citigroup after dumping its remaining shares worth $1 billion. The firm also sold 48.7 million Bank of America shares worth about $2.19 billion, and cashed out 300,000 shares in Capital One, which were worth roughly $46.489 million. BRK.B is trading for $493 at time of writing. 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. Generated Image: Midjourney The post UBS Analyst Cuts Price Target for Billionaire Warren Buffett’s Berkshire Hathaway – Here’s Why appeared first on The Daily Hodl .
Ether whales prepare for big price movements
Hong Kong’s securities regulator has announced that professional traders can now trade crypto derivatives, allowing a select few to access virtual derivatives markets and advancing professional crypto adoption in Asia. Hong Kong has recently made many efforts to adopt reasonable crypto regulations, enabling the Asian country to lead in blockchain innovation. Christopher Hui Ching-yu, secretary for financial services, said that the move aligned with Hong Kong’s competitiveness in the global digital assets market. The Securities and Futures Commission (SFC) said the new derivatives market will be rolled out securely and transparently. The derivatives market is much larger than the spot market. Many traders prefer derivatives because they can use advanced tools to manage their portfolios and minimise risk. Hong Kong crypto traders can now enjoy further freedom when investing in cryptocurrencies. The new rollout, however, will be limited due to the SFC taking a cautious approach to enabling crypto trades. The SFC will monitor the situation unfolding, presumably allowing more crypto technologies if the problem is favorable. Derivatives traders were waiting for new regulations to be drawn up, removing uncertainty when trading crypto derivatives. In May, Hong Kong approved legislation relating to stablecoin adoption. Stablecoins are digital currencies that are pegged to traditional currencies such as USD. Hong Kong’s regulators also released a licensing scheme so traders could have confidence in the stablecoin market. Approval of stablecoins will inevitably allow Hong Kong to enable DeFi platforms to build sophisticated financial tools. Hong Kong seems to be taking a deliberate approach so that regulators can identify any shocks in the crypto market and roll back the approvals accordingly. The exciting news will include further tax concessions for crypto investors, including a possible concession for single-family-owned businesses. The forward-thinking nature of Hong Kong, often dubbed the New York of Asia, may attract crypto investors worldwide. The end goal of regulators may be to attract high-end investors to the local market. The government also plans to streamline services such as tax, licensing, and compliance, thus making crypto investing hassle-free. The SFC will make another announcement later in 2025, releasing information regarding web3 technologies and building blockchain infrastructure projects. There is still much more work on risk disclosures and custodial responsibilities. The future-bound announcement will address these concerns and much more. In September 2024, Hong Kong regulators promised to implement a crypto derivatives framework. They specifically wanted to build off a European standard that was widely accepted, such as one authored by the European Securities and Markets Authority (ESMA). Hong Kong, meanwhile, has gathered steam while pushing for crypto adoption across the local business district. Hong Kong was responsible for releasing Asia’s first spot in the ETF market. There are over 1,000 FinTech companies across the country. Christopher Hui Ching-yu, secretary for financial services, announced that Hong Kong was reforming its tax system to attract foreign investors. The tax department will soon treat digital assets preferentially. Hong Kong has been promoting its financial services sector within its administrative borders and throughout China. Hong Kong aims to incentivize digital trading, competing with other countries on the global stage. Ching-yu acknowledged that Hong Kong was home to 8 digital asset banks.
Bitcoin made a new all-time high on May 22 when it crossed $112K. Although it dipped below $100K soon after, it’s now showing signs of recovery and a potential run upwards. Carlo Pruscino from CMC Markets believes that a Fed rate cut might drive $BTC back to $112K and potentially even beyond. Keep reading to find out Trump’s stance on a potential Fed rate cut, when we can expect one, and what the best altcoins to buy are to make the most of this pro-crypto situation. Trump Wants a Rate Cut Now Trump took to Truth Social to criticize the Fed on delayed rate cuts . He said that Europe has already had 10 rate cuts while the US is lagging behind. He also pointed out there’s no inflation anymore – in case that’s what is holding back the Fed. He said that if inflation were to come back, the Fed could simply raise the interest rate again. As of now, though, Trump believes that the US is paying a lot more in borrowing costs than it should. It’s worth noting that the Federal Reserve has been mulling over rate cuts for quite some time. However, Trump’s ongoing trade tariff war and uncertain trade policies have held it from making a decisive move. The current borrowing rate is 4.25%–4.50%. As per CME Group’s data , 97.5% of market participants believe that this will remain unchanged in the upcoming Fed meeting on June 18. More than 51% of people believe that a rate cut might come around mid-September, where rates may be slashed by 25 basis points. If we see a rate cut earlier than expected, $BTC may be the first major asset to react. When…further rate cuts come, if they’re coming a lot sooner than expected, that will then impact heavily on the future price moves or crypto on Bitcoin and some other cryptos as well. – Carlo Pruscino, a CMC Markets analyst To help you make the most out of upcoming policy changes, we’ve handpicked the best cryptos to invest in . 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy Right Now, Free $BTC Airdrops Bitcoin will almost certainly be one of the biggest beneficiaries of a rising crypto market. In fact, the ‘digital gold’ is what will pull the crypto market to new highs in the first place. As such, BTC Bull Token ($BTCBULL) , a Bitcoin-inspired meme coin, is the best crypto to buy if you’re bullish on $BTC and want to maximize your returns. Unlike other altcoins, $BTCBULL token holders will be rewarded with free $BTC. This will happen on two occasions: once when Bitcoin reaches $150K and another when it reaches $200K for the first time. Just make sure to store your $BTCBULL tokens in Best Wallet and participate in the airdrop events, which will take place on social media. In addition to having a genuine shot at grabbing real $BTC, you’ll also benefit from a monstrous rise in $BTCBULL’s price. According to our BTC Bull Token price prediction , the token can reach $0.0096 by 2026 – a 276% rise from current prices. Buy $BTCBULL now for just $0.00255 each. The project is in presale, where it has amassed nearly $7M. 2. Solaxy ($SOLX) – First-Ever Solana Layer-2, Insane $45M Presale Raise A rise in Bitcoin will likely lead to joyous times in the meme coin market as well, which is why we believe that Solaxy ($SOLX) could be one of the next cryptos to explode . Designed to strengthen the best blockchain for meme coins, $SOLX is being hyped as Solana’s prodigal son, and for good reason. After all, Solaxy will finally cure Solana of its congestion and scalability issues, which it has been facing ever since the success of $TRUMP and other viral meme coins overloaded it. Solaxy will build the first-ever Layer 2 scaling solution on Solana, which will offload transactions from the mainnet onto a sidechain. This will reduce the workload on Solana, thereby restoring its lightning-fast executions. Furthermore, this brand-new L2 will also process transactions in bulk, which will decrease the overall cost requirements on Solana. To participate in Solaxy’s one-of-a-kind mission and token growth – it’s predicted to rise by over 11,300% by 2030 – become an early investor in the project. It’s currently in presale, with over $45M raised, and you can get each token for just $0.001748. Here’s how to buy it . 3. PepeCoin ($PEP) – Pepe-Inspired Meme Coin Currently Among the Top Gainers Although you wouldn’t be wrong to think that PepeCoin ($PEP) borrows its popularity from the legendary $PEPE meme coin, it’s got a handful of unique features that have had a fair bit of say in it being one of the top trending cryptos . For instance, PepeCoin runs on its own blockchain, which is how it offers astonishingly low transaction fees and zero $ETH gas fees. Coming to its performance, $PEP is up over 3,000% since its inception in June 2024 . More recently, the token has recorded 28% gains over the past thirty days. According to price action analysis, $PEP is closing in on a major resistance level ($0.00024), a break of which could see the token soar to $0.00027 and beyond. The Best Altcoins to Benefit from a Rate Cut, but They’re Not Completely Dependent on It With a rate cut on the horizon, major cryptos like Bitcoin and Ethereum could finally start rallying – and the altcoin space will only get more bullish. While new cryptos, like BTC Bull Token ($BTCBULL) and Solaxy ($SOLX) , will indeed benefit from increased public borrowing and investment, their solid fundamentals and community hype will likely see them rising regardless. However, make sure you do your own research and due diligence before investing. Our articles aren’t financial advice, after all.
Meta unveils bold AR/VR plans for 2025, focusing on AI-powered wearables and a $100 billion investment to reshape immersive technology markets. The company’s Reality Labs division, led by CTO Andrew
US President Donald Trump has reignited speculation about replacing Federal Reserve Chair Jerome Powell, causing significant volatility in both traditional and cryptocurrency markets, with Bitcoin targeting a surge to $105,000.
XRP price has dropped 3% over the last 24 hours to exchange hands at $2.18, yet a persistent accumulation pattern hints at imminent volatility. Over the past two weeks, XRP has stayed below the $2.20 threshold, trading within a narrow $2.14–$2.25 range. During this period, on-chain data shows daily transactions on the XRP Ledger hovering above two million, indicating steady network activity despite price stagnation. Amid this consolidation, market technician and longtime XRP bull EGRAG Crypto identified a final “go-go signal” at $2.65—a level he argues must be cleared for a bullish breakout. This signal comes as institutional adoption of XRP accelerates, positioning the token for a potential shift from sideways action to an extended rally. XRP Technical Analysis: The Mega Falling Wedge Since reclaiming the $3.00 mark in January 2025, XRP has entered a prolonged correction phase. On January 14, 2025, XRP peaked at $3.40—its highest level in seven years—before collapsing below $3.00. Subsequent price action formed a “mega falling wedge” on the 4-hour chart, characterized by lower highs and lower lows over four months. Source: Egrag Crypto X EGRAG’s analysis pinpoints five critical price hurdles. The first is $2.30, a level XRP that has not been cleared since May 29, 2025. Next is $2.35, followed closely by $2.36—the third target that, if conquered, would signal the wedge breakout. The fourth level stands at $2.45, representing a two-week high. Finally, EGRAG designates $2.65 as the “go-go signal,” suggesting that breaching this mark would confirm an end to the wedge pattern and trigger a strong upside move. Since mid-January, XRP has tested the wedge boundaries multiple times. A rally to $3.02 on March 17, 2025, stalled at the upper trend line, prompting a retest that returned the price to $2.75. Another attempt in early May saw XRP climb to $2.65 but fail to hold, instead dropping back into the wedge. These failed breaks highlight the importance of $2.65; it represents both a recent rejection point and EGRAG’s final trigger for a bullish phase. Institutional Adoption: ETFs, Futures, and Corporate Reserves Technical setups aside, XRP’s fundamentals are strengthening via institutional channels . On May 25, 2025, Brazil’s B3 exchange launched XRPH11, the world’s first Ripple-based ETF, allocating 95 percent of its assets to XRP. In parallel, CME Group introduced XRP futures on May 20, 2025, providing traders with new derivatives tools. Even more noteworthy, the U.S. Securities and Exchange Commission approved the first XRP futures ETF on April 30, 2025—marking a regulatory milestone. This approval follows months of uncertainty and positions XRP alongside other major digital assets as an institutional product. On-chain flows corroborate growing demand: over $200 million worth of XRP moved into institutional-grade addresses in late May 2025, according to WhaleAlert data. Corporate adoption is also on the rise. Renewable energy provider VivoPower announced on May 15, 2025, that it raised $121 million to establish an XRP-focused treasury reserve, becoming the first publicly traded firm. Similarly, Webus International filed for a $300 million fundraising effort earmarked to create a strategic XRP reserve . These moves underscore institutional conviction in XRP as a trading asset and treasury instrument. While EGRAG’s wedge analysis provides a clear technical roadmap, market participants must weigh these levels against evolving macro and institutional drivers. XRP’s daily simple moving average (SMA) on both the 50-day and 200-day timeframes currently sits at $2.25 and $2.30, respectively. Failure to reclaim these SMAs has maintained bearish momentum. Yet, rising ETF holdings and futures volume—up 35 percent month-over-month—signal that institutions eye XRP’s next move. What Next for XRP Price? Longer-term, EGRAG remains bullish beyond the $2.65 trigger. In prior analyses, he projected a $27 target for XRP—relying on a broader bull cycle in digital assets that began in late 2024. XRP/USDT Price Chart| Source: TradingView However, short-term focus must center on the falling wedge. If price holds above $2.36 after breaking the wedge, the next logical step is $2.45. Sustaining above $2.45 would set the stage for the “go-go signal” at $2.65. At current levels—XRP trading at $2.12 on June 5, 2025—liquidity remains thin at the $2.20–$2.30 band. Market depth is shallow, with aggregated bid orders totalling 1.2 million XRP at $2.20, versus 800,000 XRP at $2.30. This asymmetry suggests that even modest buying pressure could nudge the price toward the initial hurdle at $2.30. EGRAG’s call for a $2.65 breakout comes at a pivotal moment. Institutional networks—from ETFs to corporate reserves—are locked in XRP exposure. Simultaneously, on-chain activity remains robust with over two million daily transactions. Against this backdrop, technical clarity from the mega falling wedge pattern could catalyze a decisive move.
According to recent data released by the Ministry of Finance of El Salvador, the country has acquired an additional 8 Bitcoins over the last week. This latest purchase increases El