According to a report by COINOTAG News on June 10th, the official X account of Paraguay’s President was compromised, resulting in the dissemination of false information. The hacker falsely asserted
Cardano shows muted price action, but there's twist
Ethereum is emerging as the preferred digital asset for institutional investors, outpacing both Bitcoin and XRP in capital inflows. According to CoinShares’ latest fund flows report dated June 2, 2025, Ether recorded $321 million in weekly inflows—more than any other crypto asset. Ether’s Institutional Surge Over the past six weeks, Ethereum has attracted $1.19 billion in institutional funds, including $889 million in the last month. Ether’s total assets under management (AUM) now exceed $14 billion, fueled by strong demand for decentralized finance (DeFi) applications and a boost from spot Ethereum ETFs in the U.S. The $321 million inflow marks Ethereum’s strongest week since December 2024. With the digital asset market experiencing its seventh consecutive week of net inflows—$286 million this week alone—Ether’s dominance signals a trend of institutional diversification away from Bitcoin. Bitcoin’s Inflow Dilemma While the broader crypto market saw positive sentiment, Bitcoin bucked the trend. The asset posted $8 million in outflows, despite major purchases by firms like Michael Saylor’s Strategy. On June 3, Strategy added 705 BTC , bringing its holdings to 580,955 BTC. Japanese firm Metaplanet also acquired more BTC in the same week. Bitcoin prices dropped from a high of $111,000 to $106,000 following a New York court’s decision on former President Trump’s tariff proposal. The ruling triggered investor caution and contributed to Bitcoin’s tepid flow data. Yet, the decline does not suggest a mass exit. Instead, it indicates institutional hesitation amid macroeconomic uncertainties. XRP, once favored for its promise in cross-border payments, saw $28 million in outflows last week. The delay in the U.S. SEC decisions on its anticipated ETF hurt momentum. Despite positive year-to-date figures, monthly flows turned negative. Regulatory ambiguity remains a major hurdle. Source: Coinshares CoinShares also reported shifting geographic investment patterns. While the U.S. remained dominant with $199 million in inflows, other regions showed strength. Germany attracted $42.9 million, Australia $21.5 million, and Hong Kong reported $54.8 million—the highest since launching its crypto exchange-traded products over a year ago. What’s Next for Ethereum? Ethereum’s strong position comes amid broader market growth and rising utility in DeFi. Its advantage lies in active network use cases and growing adoption of ETH-based products. While dominant in market cap, Bitcoin now faces stiffer competition for institutional attention. XRP’s case highlights the influence of regulatory clarity on investment behavior. Until its legal status is resolved, XRP will likely trail its more established peers. Ethereum’s performance indicates a shift in institutional strategy. As DeFi platforms evolve and spot ETFs mature, ETH could remain a leader in the crypto investment race. Still, Bitcoin’s long-term appeal and XRP’s cross-border potential cannot be ruled out.
Machine learning model updates have helped address the problem, according to Coinbase’s VP of product
Ethereum is witnessing unprecedented growth with rising institutional interest. Spot Bitcoin ETFs succeed, whereas Ethereum ETFs show promising growth signs. Continue Reading: Ethereum Captivates Institutional Interest with Unprecedented Momentum The post Ethereum Captivates Institutional Interest with Unprecedented Momentum appeared first on COINTURK NEWS .
COINOTAG News reports that on June 10th, the U.S. Securities and Exchange Commission’s Crypto Council convened a pivotal roundtable titled “DeFi and the American Spirit.” SEC Chair Gary Gensler highlighted
Paraguay government says President Pena’s X account had unusual activity – RTRS Bitcoin $BTC #Bitcoin
Standard Chartered has released a detailed forecast on the future price trajectory of Solana (SOL), predicting that the popular blockchain token could reach $500 by 2029. This optimistic long-term outlook comes alongside a more cautious near-term view, as the bank expects Solana to underperform compared to Ethereum over the next two to three years. According to Jeffrey Kendrick, Standard Chartered’s global head of digital asset research, Solana’s price may climb to approximately $275 by the end of 2025, before pushing further towards $500 by 2029. However, he warned that in the short to medium term, Solana will likely lag Ethereum in terms of market momentum and value appreciation. Kendrick highlighted a key reason for this slower near-term growth, Solana’s current dominance in memecoin trading. While this niche has allowed the network to showcase its high throughput and low transaction fees, Kendrick notes that relying heavily on memecoin activity is both a strength and a weakness. “ Memecoin trading has stress-tested Solana’s infrastructure, but it is not a sustainable driver for growth,” he stated. According to the pundit, market participants appear to have discounted Solana’s future earnings potential based on this volatile and possibly waning sector. The analyst further introduced an insightful metric by comparing a blockchain’s market capitalization to its “GDP,” defined as the total revenue generated by applications and protocols operating on the network. Solana is undervalued by this measure, suggesting untapped potential beneath the surface. Looking forward, Kendrick anticipates that Solana’s true growth will be unlocked as it expands into new sectors requiring fast, low-cost transactions. Areas such as decentralized financial services, social networking platforms, and decentralized physical infrastructure networks (DePIN) could become key growth drivers. However, he cautioned that these sectors are still maturing and could take two to three years to develop fully, during which time ecosystem activity and Solana’s price momentum may slow down. Additionally, Standard Chartered projects that the ETH-to-SOL price ratio will increase from around 14 to 17 by the end of 2027, reflecting Ethereum’s expected near-term outperformance before the gap potentially narrows later on. Despite the promising long-term outlook, recent community debates, such as a rejected proposal to adjust Solana’s inflation rate, indicate ongoing challenges in boosting token value. Elsewhere, technical analysts like Ali Martinez have also noted bullish patterns, predicting on Monday a potential breakout for Solana beyond current levels, with some even speculating targets above $3,000 if a key inverse “cup and handle” pattern confirms. At press time, Solana was trading around $156, reflecting a modest 2.08% surge in the past 24 hours.
TON is becoming one of the top chains for NFT activity, thanks to Telegram Collectible Gifts. Telegram’s founder, Pavel Durov, pointed out that TON retained a leading position as a venue for NFT trading. TON is the second most active chain for NFT trading after Ethereum, thanks to the growth of Telegram Collectible Gifts . Pavel Durov, Telegram’s founder, pointed out the collection increased its activity rapidly in the past 30 days. Telegram Collectible Gifts went up in price several times in the past 30 days. TON is now the #1 blockchain by daily NFT trading volume (or #2 after Ethereum if off-chain trades are not counted). Data: https://t.co/RpDBtuccJH and https://t.co/b1hYZxDMMo pic.twitter.com/iGrF4O96qT — Pavel Durov (@durov) June 9, 2025 Gifts are integrated with all functions of the chat app and can be displayed in profiles, bought, and sold through the chat. The collectible gifts also move off-chain, and can be used as stickers in Telegram. Minting an NFT adds extra proof of ownership and the ability to trade. The popularity of gifts pushed TON ahead of Solana in terms of NFT activity, though still behind Ethereum with its large-scale legacy collections. Telegram took a novel approach, popularizing the collection of Stars and the ability to mint an NFT for a low fee. TON often gets ahead of Solana, though still lagging behind the on-chain NFT swaps on Ethereum. Telegram Collectible Gifts can also be swapped off-chain, with even higher activity and trading volumes. | Source: Dune Analytics The minting of NFT from gifts is also tied to the Telegram stars economy. The stars is a new type of digital reward token, also used on Telegram games. Boinkers was the game with the biggest production of stars, with over $821K in withdrawals. Unknown whales withdraw as much as $2M from the Telegram stars market. TON carries a total of 21 collections , some repeating well-known IPs like Pudgy Penguins. The additional collections are closer to classic NFT, while Telegram Collectible Gifts offer a more organic approach tied to the chat app. Telegram gift collections have existed for months, though they were off to a slow start. In the past few weeks, certain gifts acquired cult status, starting to generate hype with their price growth. Collectible gifts are scarce, with some of the most wanted stickers commanding higher prices. In total, Gifts achieved sales of over $36M , with more than half of the wallets created in 2025. The gifts are held in 184,021 wallets, creating an active user base, which also popularizes the collection on social media. Are NFTs still active? NFT volumes and speculation are still down over 95% across the board. Only the top collections are still changing hands. However, NFTs are not entirely forgotten. NFT lending has been abandoned, as most collections quickly erased 99% of their value. After the relaunch of OpenSea, the NFT marketplace reached its highest volume since 2023. PFP/avatar collections are still the most active, followed by art and utility NFT. The biggest obstacle to NFT activity was the lack of marketplaces, especially during the months when OpenSea was still building its new version. Telegram Collectible Gifts also picked up their activity after the launch of a dedicated trading platform, the Telegram Gifts Marketplace . The Telegram collections rely on rarity, which now led to a much higher valuation for some stickers. Initially, the items were minted at extremely low prices. The availability of liquidity and an open market, as well as the chance to start out small, is reviving NFT swaps on TON. Collectible gifts were first minted on-chain from February onward, gradually expanding their influence, as they are currently on the verge of an even bigger breakout on Telegram and other social media. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Solana (SOL) is showing promising signs of a bullish reversal, with its price poised to potentially reach $200 amid increasing market optimism and strong on-chain indicators. Recent trading data reveals