XRP faces significant price pressure following a massive escrow unlock, with the $2.14 support level becoming a critical battleground for investors. Over 1 billion XRP tokens have been released from
In crypto news today: Crypto market is red today Botanix Launches Decentralized Bitcoin Blockchain with 16-Node Founding Federation BYDFi and Ledger Launch Limited Nano X HashPower Secures $4 Million Investment __________ Crypto market is red today The global cryptocurrency market capitalization has declined by 2.8% over the past 24 hours to $3.42 trillion. At the time of writing, the daily crypto trading volume is $92.6 billion, still relatively low. Only one of the top 10 coins per market capitalization is green today, but it’s unchanged. Bitcoin (BTC) decreased by 1%, currently trading at $104,891. Ethereum (ETH) also fell 1.3%, now changing hands at $2,609. The category’s best performer is Tron (TRX) , but it has increased by only 0.1%, meaning it’s unchanged. Its price is currently $2,609 At the same time, Dogecoin (DOGE) decreased the most: 3.4% to $0.1896. Moreover, most of the top 100 coins have turned red today. Virtuals Protocol (VIRTUAL) fell the most in this category. It’s now down 9.4% to the price of $1.76. On the other side, six coins are green. Toncoin (TON) appreciated the most: 0.9% to $3.24. Botanix Launches Decentralized Bitcoin Blockchain with 16-Node Founding Federation Botanix Labs , the protocol research team developing the Bitcoin-based blockchain Botanix , announced that the chain officially transitioned to a decentralized federation. Mainnet plans to launch later this quarter. Per the press release, the project has onboarded sixteen independent node operators. Besides Botanix itself, these include Galaxy , Fireblocks , Alchemy , XBTO , Antpool , UTXO Management , Kiln , Chorus One , UndefinedXBlockPI , DAIC , Pier Two , Stakin , Vertex , Stake.fish , and Hashkey Cloud . This means that starting now, no single party—not even Botanix—can unilaterally influence or censor the network. All changes, upgrades, and operational execution will be coordinated across 16 independent entities, geographically spread around the world. — Botanix (@BotanixLabs) June 5, 2025 The team says that, with this launch, Botanix “becomes the first and only Bitcoin-based blockchain that is decentralized from the start.” No single entity can unilaterally influence or control the network, they claim. Botanix Labs is fully removed from all operational responsibilities, handing governance and consensus over to this federation of node operators. Additionally, the founding federation is intentionally distributed geographically with different hardware configurations to eliminate a singular point of failure. The network will soon migrate to a dynamic federation to support hundreds of nodes, says the announcement. The eventual goal is to allow anyone in to run their own Botanix node. You may also like: Ethereum vs. Bitcoin? Vitalik Says BTC Wins on Simplicity and Node Count Ethereum co-founder Vitalik Buterin has acknowledged that Bitcoin holds key advantages over Ethereum in protocol design and decentralization.In a June 4 post on X, Buterin responded to a thread debating Ethereum’s current strengths and weaknesses. Users argued that Ethereum leads in censorship resistance but still faces limitations in transaction throughput.Buterin agreed, stating, “There’s some aspects of this where bitcoin is ahead imo.”Buterin: BTC Leads on Code... BYDFi and Ledger Launch Limited Nano X Global crypto exchange BYDFi and hardware wallet maker Ledger have launched a limited-edition BYDFi x Ledger Nano X wallet and a global campaign to engage crypto key opinion leaders (KOLs) and content creators. According to the press release, the BYDFi x Ledger Nano X is a customized version of Ledger’s flagship cold wallet. It comes with Bluetooth, USB-C, and support for over 15,000 cryptocurrencies and NFTs. Key features include mobile-first design, military-grade security, Ledger Live integration, and support for multi-chain and multi-asset management. Just 500 Units — BYDFi x Ledger Cold Wallet Drop Tailored for KOLs. Built for security on the move. Introducing the BYDFi x Ledger Nano X — A mobile-first hardware wallet with Bluetooth® and industry-leading security, from @Ledger — the most trusted name in crypto… pic.twitter.com/yO6uWql7WH — BYDFi (@BYDFi) June 4, 2025 Moreover, the BYDFi x Ledger campaign has invited creators and KOLs to participate in an open-entry initiative to receive a limited-edition wallet. Participants post on Twitter, share their thoughts on the collaboration, and submit an application via the campaign page. “Selected applicants will receive the exclusive BYDFi x Ledger Nano X, along with special perks as part of the partnership program,” the teams say. You may also like: EXCLUSIVE: Ledger and Pudgy Penguins Reveal Limited-Edition Custom Device and Cases Major crypto wallet Ledger has partnered with the popular Pudgy Penguins non-fungible token (NFT) collection to launch a limited-edition device and complementing protective cases.According to the press release shared with Cryptonews, the products will launch at TOKEN2049 Dubai on 29 April. Attendees will get a first-hand look and a chance to buy these releases. Per the team, they offer both fans and collectors “a unique fusion of secure digital ownership and playful design.”The... HashPower Secures $4 Million Investment On-chain staking and yield protocol HashPower has announced the completion of a $4 million strategic investment round, with participation from HashKey Capital, FBG Capital , Hailstone Labs , and DePIN X Capital . According to the press release, this round will help HashPower expand global decentralized mining capabilities, optimize staking rewards, and build real-world digital asset and AI infrastructure through permissionless, on-chain access. HashPower Secures $4M Investment to Advance Decentralized Mining and AI Infrastructure Hong Kong, China, June 4th, 2025, Chainwire HashPower, an on-chain staking and yield protocol, announced the completion of a $4 million strategic investment round, … https://t.co/pLqafYdxzZ — Press Releases (@press_newswire) June 4, 2025 Previously, HashPower signed a $60 million Memorandum of Understanding (MOU) with Aethir , Multiple Network , XPIN Network , Planck Network , DI Foundation , Inferix , Bitcoin on Base , and Automata Network . “These partners have committed to advancing ecosystem growth, joint research and development, and collaborative deployments in decentralized mining, computing, and AI infrastructure,” the team says. You may also like: Bitcoin Hashrate Hits All-Time High: Are Bitcoin Miners Dumping to Stay Afloat? Following the last halving, on April 5, Bitcoin’s hashrate reached a historic milestone of 1 sextillion hashes per second, according to BitInfoCharts.Source: BitInfoChartsMarch 2025 saw a sharp 50% decline in miner revenue compared to March 2024, with total earnings falling to approximately $1.2 billion, according to data from Newhedge. Source: NewhedgeThe bulk of miners’ income comes from two sources: block subsidies and transaction fees. With the recent halving, which has... __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .
Ethereum price has moved sideways after its strong surge in the first half of May, but several bullish patterns and growing Wall Street demand point to a potential comeback. Ethereum ( ETH ) was trading at $2,630 on Thursday, within a range that has held for over a month. This price is approximately 90% above its lowest point this year. Data shows that Wall Street investors are buying spot Ethereum ETFs. They had inflows of $56.9 million on Wednesday, the 13th day of consecutive gains. These funds have also had inflows in the last three consecutive months. Ethereum continues to show strong fundamentals. It has become the leading blockchain for real-world assets. Current data shows Ethereum hosts over $7.375 billion of the $23 billion RWA market, ahead of ZKsync Era, Stellar, and Solana. You might also like: Mastercard predicts it will tokenize 100% of transactions in EU by 2030 Ethereum is also the biggest player in the stablecoin industry, holding over $129 billion in assets. It is followed by Tron, Solana, and Arbitrum. The same is true in other areas of the RWA industry, like tokenized treasuries and private credit . Ethereum also leads the decentralized finance industry, with over $133 billion in total value locked. Its 62% market dominance significantly exceeds that of competing chains like Solana and Tron. Ethereum price technical analysis ETH price chart | Source: crypto.news The daily chart shows that ETH has formed several bullish patterns, suggesting an eventual rebound. One of the key patterns is a cup and handle formation, with the upper boundary near $2,795, a level that aligns with the 50% Fibonacci retracement. The cup has a depth of about 50% and is now forming the handle portion. Ethereum has also formed a golden cross pattern, as the 50-day and 200-day weighted moving averages have crossed. The last time ETH formed a golden cross was in November 2024, after which it rallied nearly 40%. Additionally, ETH has formed a bullish flag chart pattern. This consists of a strong vertical rally, followed by a consolidation phase in the shape of a rectangle, resembling a flag being hoisted. You might also like: Ethereum Foundation reforms treasury strategy amid broader organizational shift
Shiba Inu ( SHIB ) is once again making waves in the crypto market , buoyed by a surge in on-chain activity and renewed interest from large holders. As of June 5, SHIB is trading at $0.00001293, marking a modest daily uptick of 0.22%. While that price level may seem uneventful at first glance, beneath the surface, several signals are aligning to suggest that a larger move may be brewing. To explore the near-term trajectory, Finbold consulted OpenAI’s ChatGPT to forecast Shiba Inu’s price for the end of June. The AI model delivered a target of $0.00001510, with a projected confidence range between $0.00001435 and $0.00001585. SHIB price prediction. Source: Finbold/ChatGPT Notably, the prediction is grounded in technical patterns, historical behavior, and recent blockchain activity. Most notably, SHIB recently saw a massive transfer of 2.87 trillion tokens, worth approximately $36.6 million, moved from an unknown wallet to Coinbase Institutional on June 5. 🚨 Massive Move: 2.87 TRILLION $SHIB ($36.6M) transferred from an unknown wallet to Coinbase Institutional! This isn’t just a whale flex — it signals growing institutional interest in $SHIB . Eyes on the ecosystem… 📈🔥 pic.twitter.com/rdhliAI5hO — Shibarium Updates 📢 (@Shibizens) June 5, 2025 These whale-sized transactions tend to precede periods of heightened volatility. Although the exact motivation remains unclear, the sheer volume points to rising liquidity and the potential for price dislocation. Historically, such transfers often lead to temporary upward price movements as traders anticipate either accumulation or a strategic institutional move. SHIB price trading analysis Price action has also shown resilience despite broader market hesitancy. SHIB has posted 16 green days out of the past 30, signaling a cautious but consistent return of bullish sentiment. While the token is still trading below its 200-day simple moving average, a bearish technical indicator in isolation, it is hovering above a key short-term support level at $0.00001250. If that level holds throughout the next week, it could act as a springboard for a push toward the $0.00001380 resistance zone. A breakout above that would open the path toward the AI’s projected target range. The RSI (Relative Strength Index) currently reads around 40.3, suggesting neutral-to-oversold conditions. If price consolidates above the $0.00001250 level, it may attempt another short-term rally, but caution is warranted given the broader risk profile. SHIB RSI and SMA chart. Source: Finbold/TradingView That said, the bullish case is not without conditions. A failure to breach the $0.00001380 threshold by mid-June would weaken the technical setup, and any decisive move below $0.00001250 could invalidate the forecast entirely, opening the door to a retest of the $0.00001130 region. Traders will be watching those levels closely in the days ahead. Shiba Inu broader market dynamics Another factor contributing to the forecast is the lack of immediate downside catalysts. There is no sign of a broad market panic, no negative regulatory developments targeting SHIB specifically, and macro conditions remain relatively stable in the crypto space. Meanwhile, behind the scenes, the Shiba Inu ecosystem continues to quietly evolve, with updates to the Shibarium L2 chain, steady token burns, and ongoing development of the native DEX and other utilities. These initiatives may not dominate headlines, but they help establish SHIB as more than just a meme coin. For now, this meme coin is behaving more like a momentum asset, and the next few weeks could determine whether that narrative holds. Featured image via Shutterstock The post AI predicts SHIB price for June 30, 2025 appeared first on Finbold .
On June 5th, Binance Wallet announced a significant update to its Alpha Points Rules, effective from 8:00 on June 6th. The revision stipulates that only Alpha purchase transactions conducted with
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Emerging token XYZVerse eyes 33,333% gains in 2 years, stirring global investor excitement. An emerging digital token is stirring excitement with predictions of climbing from just $0.003333 to $1 in two years. XYZVerse Coin might deliver an astounding 33,333% return, potentially surpassing Bitcoin’s growth. Could this be the next big leap in digital currency, capturing the attention of investors worldwide? You might also like: Avalanche FIFA deal could change sports NFTs, sports memecoin XYZVerse aims to ride the wave Demand for XYZ soars as capitalization nears $15m milestone The XYZVerse (XYZ) project, blending sports with cryptocurrency, has gained significant attention from investors. Unlike typical memecoins, XYZVerse aims for long-term success, with a solid roadmap and an engaged community. Recently named Best New Meme Project, its reputation continues to grow. Price growth and upcoming listings During its presale, the XYZ token has steadily risen from $0.0001 to $0.003333, with the next stage targeting $0.005. The final presale price will be $0.02, and after this, the token is expected to list on major exchanges. Early investors could see up to 1,000x returns if the project hits its $0.10 listing price. With over $13 million raised, the presale is fast approaching the $15 million mark, signaling strong demand from both retail and institutional investors. Community rewards and future plans Active contributors in XYZVerse are rewarded with airdropped tokens for their involvement. With solid tokenomics, strategic listings, and consistent token burns, XYZ is poised for long-term growth. Join XYZVerse now to unlock a world of benefits and be part of its winning team! Airdrops, rewards, and more. Join XYZVerse to unlock all the benefits. Bitcoin Bitcoin (BTC) has experienced notable price changes recently. In the past week, its price decreased by 3.18%, settling between $102,407 and $109,936.19. However, over the last month, it increased by 11.83%. In the past six months, Bitcoin rose by 8.67%, showing a gradual upward trend despite short-term dips. Indicators show mixed signals for Bitcoin’s future. Some suggest the market is neutral, while others indicate it might be oversold, hinting at a possible rebound. Yet, there are signs of bearish momentum that could continue to influence the price. The average price over the past 10 days is slightly higher than the average over the past 100 days, which could mean a short-term upward trend. Bitcoin faces resistance at $114,097. If it breaks this level, it could reach $121,625, gaining about 10%. If the price falls, it may find support at $99,039 or $91,511, which would be a drop of around 5% to 10%. Traders are watching these levels to see where Bitcoin goes next. Conclusion While established coins like Bitcoin are solid, XYZVerse’s unique mix of sports and memes, community focus, and growth plans position it for standout success in the 2025 bull run. To learn more about XYZVerse, visit the website , Telegram , and Twitter. Read more: Dogecoin vs. Shiba Inu vs. XYZVerse: Experts reveal which crypto will explode next 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.
FET token surged an extraordinary 647.62% within 24 hours following the Fetch.ai ecosystem’s milestone launch of DF145, signaling renewed investor interest in AI-driven blockchain projects. This dramatic price movement highlights