XRP’s price action remains indecisive as neither bulls nor bears have taken control, signaling a period of consolidation in the crypto market. Recent technical analysis indicates a false breakout near
Tencent has acquired about a 15.75 percent stake in the games studio behind Helldivers 2, Arrowhead Games. The technology conglomerate acquired Arrowhead Games for $80 million. Arrowhead Games co-founder John Pilestedt welcomed Tencent, saying the acquisition would open up gaming opportunities for China as a market. Tencent, a Chinese technology conglomerate, has bought a 15.75 percent stake in the games studio behind Helldivers 2, Arrowhead Games. The Chinese technology company acquired the stake in Arrowhead Games for a deal valued at $80 million, leaving the other stake to founders Emil Englund, Peter Lindgren, Johan Pilestedt, and Anton Stenmark. Tencent has previously acquired stakes in notable gaming firms, including partial ownership of 10 Chambers. The Chinese technology firm also previously founded its own publishing arm called Level Infinite. Arrowheads founder John Pilestedt said the move by Tencent would help open up opportunities for the Chinese gaming market. Pilestedt also stated that gaining direct access to the Chinese gamer base was the holy grail in the current video games industry. Tencent establishes a new subsidiary Tencent has acquired a 15.75% stake in Arrowhead Game Studios – SEK 803.25 million ($83.92 million) valuing Arrowhead at SEK 5.1 billion ($532.80 million) – Arrowhead made a profit of SEK 729 million ($76.16 million) last year – Arrowhead sold a stake in the company to get… pic.twitter.com/5xCckomHxs — Jivesh (@Jivesh1995) June 6, 2025 Ubisoft announced in March a new arm, Level Infinite, dedicated to its top three IPs, Far Cry, Rainbow Six, and Assassin’s Creed. The CEO, Yves Guillemot, praised the launch of the new subsidiary, saying it was a new chapter for the firm. The publisher also revealed that Tencent held a 25 percent stake in the new arm. The publisher added that the new gaming entity was valued at around $4 billion and was dedicated to offering high-quality releases to a global audience. The firm stated that the new arm highlighted the strong value of Ubisoft’s IPs. The company also said that establishing the new subsidiary would help reinforce the company’s balance sheet. Ubisoft added that the new subsidiary would continue the company’s efforts to become a more agile group. The publisher stated that Level Infinite would unleash the creative potential of its development teams and better align the company’s resources with the ever-changing gamer expectations. Tencent revealed that Level Infinite, which is based in Singapore and Amsterdam, will be helping with projects like GTFO, Vampire: The Masquerade- Bloodhunt, and more. The group also said the new subsidiary will offer studios with other support and services like production and technology. The Chinese firm added that Level Infinite will also provide international publishing and esports integrations in its studios. Tencent also revealed Level Infinite will be offering insight and analysis for the company’s games-as-a-service and gaming markets, both local and global. The company also revealed that the first publishing roster for the new firm would include Don’t Starve: Newhome, which is dedicated to mobile gamers, and Arena of Valor. The firm added that the new arm would also publish Synced: Off Planet for PC gamers. The Chinese technology firm also said Level Infinite would publish games from TiMi Studio Group, LightSpeed, and Quantum Studios. Tencent expands its gaming investments The Chinese conglomerate also acquired a majority stake in Riot, an LA-based games developer behind the RTS League of Legends. The deal was announced two years after Tencent partnered with Riot to help it distribute League of Legends in China in 2008. In September 2009, the Chinese conglomerate became an investor in the firm, alongside FirstMark Capital and Benchmark Capital, right before Riot launched the multiplayer game in the US. In 2020, Tencent acquired a majority stake in 10 Chambers Collective, a Swedish video game studio. The CEO of 10 Chambers Collective, the developer behind GTFO, a first-person shooter horror title, welcomed the new partial owner without disclosing the size of Tencent’s stake and the amount of money invested. The CEO added that the investment by Tencent would add more muscle to the studio’s plans to reach new heights in its cooperative first-person shooter horror genre. The acquisition of a majority stake in 10 Chambers Collective came two months after the Chinese technology conglomerate bought a minority stake in Voodoo, a Paris-based video game creator. The French firm revealed that Tencent’s minority stake was valued at $1.4 billion. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Global investors, who are challenged by the extremely volatile crypto market, are shifting to alternative crypto investment opportunities. Bitcoin cloud mining, which is among the most lucrative ways to earn crypto today, has drawn significant attention. Against this background, a trusted Bitcoin cloud mining platform, VNBTC , has seen its user base grow to 10 million in the past few months. Today, VNBTC continues to play a central role in helping ordinary investors earn a major crypto asset like Bitcoin. Despite the current BTC price decline, the coin still piques the interest of individuals looking for the best crypto investment asset. Elon Musk, a strategic tech investor, created a buzz with his $1.5 billion investment in Bitcoin through Tesla in 2025. In a recent discussion about an impending $2.5 trillion budget deficit that would result from the new spending bill, Anthony Pompliano suggested investing billions in Bitcoin as a symbolic retaliation. Bitcoin continues to capture the spotlight, drawing more attention to the asset. Amazingly, VNBTC offers an easier way to invest and profit from Bitcoin through cloud mining. The platform ensures investors can participate in Bitcoin cloud mining without investing in huge electricity bills or building a physical mining rig. With management and technical maintenance issues eliminated, VNBTC cloud mining is attracting experienced investors and ordinary users in significant numbers. 6 Years of Innovative Cloud Mining Services VNBTC is one of the major global cloud mining companies, with over 6 years in the industry. As a certified crypto investment platform, VNBTC legally operates in 150+ countries with about 200 data centers spread across the globe. So far, its growing user base is headed for the 11 million mark, receiving daily profits from mining Bitcoin and top-performing altcoins. Through VNBTC’s cloud mining solution, users remotely participate in Bitcoin mining by renting computing power. According to a recent report, the company boasts of mining farms that are completely powered by renewable green energy. As such, the company plays a vital role in promoting sustainable development. “We focus on providing simple, secure, and effortless ways for everyone to benefit from the crypto investment industry. Without limiting opportunities to tech experts, our Bitcoin cloud mining plans commit to helping beginners make substantial crypto profits as well,” said the VNBTC company spokesperson. Said the VNBTC company spokesperson. What Makes VNBTC Cloud Mining the Best Crypto Investment Opportunity in 2025? The platform offers a 100% passive income opportunity with stable daily profits. As such, all levels of crypto investors can make money with Bitcoin. A new registered user gets a $79 welcome bonus, allowing them to purchase a contract and start exploring cloud mining instantly. VNBTC referral program allows users to earn up to 3% for direct referrals and an additional 1.8% for indirect referrals down the chain. A proven profit payment track record, serving millions of users globally. The platform offers the highest consistent return on investment (ROI), delivering profits every day, unlike crypto trading. It is beginner-friendly, requiring no experience or hardware to start earning crypto. A million-dollar bounty program allows users to expand their earning potential. Convert Your Crypto Holdings To Daily BTC Payments Through Bitcoin Cloud Mining In A Few Steps Sign up to create an account with VNBTC. From the official VNBTC website , join using your email and follow a short process that takes a few seconds. You’ll immediately receive a $79 bonus. Browse through the diverse VNBTC mining contracts and choose a suitable plan. The plans range from $79 to $70,000, ensuring a fit for each investor level. Start receiving daily Bitcoin cloud mining profits. The mining process is automated, ensuring you start receiving your daily earnings immediately. The dashboard allows you to keep track. In Summary With the crypto space optimistic about Bitcoin hitting a new all-time high, now could be the perfect time to invest and accumulate BTC. There’s no better way to do this than exploring Bitcoin cloud mining. Join over 10 million global users who trust VNBTC and take your first step to financial freedom. VNBTC provides a legal, safe, and easy way to make profits with BTC without the stress of market fluctuations. Learn more from the platform. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
A brief TradingView glitch mistakenly showed Bitcoin’s price as zero on MEXC, triggering widespread social media backlash despite no real price drop. MEXC clarified the issue was a display error
Cardano (ADA) and Mutuum Finance (MUTM) are capturing attention as top picks in the crypto market. The new Plomin hard fork for Cardano which is trading at $0.67 and has a $23 billion market cap, helps enhance the project’s decentralization. Meanwhile, the presale of Mutuum Finance (MUTM) is going strong, gathering $10,000,000 and selling 530 million tokens to 11,700 holders. Now in Phase 5, each token costs $0.03, so a 100% return is expected when the token is launched at $0.06. They are notable because of their new ideas and the potential for future growth. Their unique strengths make them compelling choices for investors seeking the best crypto to invest in today. Cardano’s decentralized leap forward Cardano (ADA) is forging ahead with its Plomin hard fork in 2025. This upgrade empowers its community to govern the blockchain directly. Such decentralization aligns with Cardano’s vision of user-driven innovation. The token, priced at $0.67, boasts a circulating supply of 35.3 billion. Its all-time high hit $3.10 in 2021, and analysts now predict a climb to $2 by year-end. Crypto prices reflect volatility, yet Cardano’s steady progress fuels optimism. A potential ADA exchange-traded fund (ETF) could spike demand, drawing institutional interest. This positions Cardano (ADA) as a top crypto for long-term growth in the crypto market. Mutuum Finance’s presale momentum Mutuum Finance (MUTM) is gaining traction in its presale’s fifth phase. Priced at $0.03, the token has surged 200% from its opening phase at $0.01. Phase 6 will bring a 16.7% price hike to $0.035, with a launch price set at $0.06, ensuring a 100% return for early buyers. Over $10,000,000 has been raised, with 530 million tokens sold to 11,700 holders. The project’s dashboard, featuring a leaderboard rewarding the top 50 holders with bonus tokens, sparks excitement. Mutuum Finance (MUTM) blends affordability with robust potential, making it a standout in crypto investment opportunities. Mutuum Finance’s innovative lending model Mutuum Finance (MUTM) is redefining decentralized finance with its dual lending system. Its Peer-to-Contract model lets users deposit stablecoins into smart contract pools, earning passive income through automated interest adjustments. The Peer-to-Peer approach fosters direct lending, cutting intermediaries for transparent, user-led agreements. A forthcoming Ethereum-based stablecoin, pegged to the USD, ensures secure transactions. The project’s Certik audit, finalized with a 80.00 security score, confirms no vulnerabilities in its smart contracts. Active monitoring and moderate social media engagement bolster trust. This utility positions Mutuum Finance (MUTM) as a top crypto for investors eyeing crypto predictions. Future growth potential Cardano (ADA) faces short-term hurdles, with technical indicators like RSI signaling caution. Yet, breaking the $0.77 resistance could push it toward $1.10, setting the stage for $2 by late 2025. Long-term, analysts see ADA hitting $5 by 2027, driven by smart contract adoption. Mutuum Finance (MUTM), however, offers immediate upside. Mutuum Finance (MUTM) is offering a $100,000 giveaway, rewarding presale participants with extra tokens. Further, its $0.06 launch price guarantees a 2x return, with projections suggesting a climb to $3 post-launch, a 10,000% gain from $0.03. Layer-2 integration ensures fast, low-cost transactions, enhancing scalability. Both projects shine in crypto investing, but Mutuum Finance (MUTM) offers a unique entry point. Sealing the crypto opportunity Cardano (ADA) and Mutuum Finance (MUTM) stand as prime choices for investors navigating the crypto market. Cardano’s governance strides and ETF potential signal steady growth. Mutuum Finance (MUTM), with its presale success and innovative lending, promises immediate returns and long-term value. Investors eyeing the best crypto to invest in should act swiftly. Mutuum Finance’s Phase 5 offers a fleeting chance at $0.03 before the price rises. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post ADA, MUTM emerge as best cryptocurrencies to invest in appeared first on Invezz
The event, cohosted with FWB, helps devs accelerate their World mini apps and find funding along the way
With the market in a slump, attention turns to leading altcoins: BNB and XRP . Each has unique strengths, gearing up for a potential bounce-back. The coming weeks could reveal which one is set to lead the charge. Analyzing the factors that could drive their performance might offer insights into which coin is primed for robust growth. BNB Price Behavior and Current Market Dynamics BNB has shown a modest rebound over the one-month period with a price increase of 6.12%. Over the past six months, it experienced a decline of 14.75%, revealing challenges amid persistent market volatility. A one-week drop of 5.21% further reflects short-term pressure. The performance highlights fluctuations where short-term gains could not offset the longer-term downturn. Price movements suggest mixed investor sentiment, as improvements in the one-month span were met by broader declines over the half-year period, indicating intermittent recovery paired with ongoing challenges. BNB now trades between approximately $595.97 and $709.27, with a notable resistance at $760.13 and support around $533.53. A secondary resistance is marked at about $873.43, while additional support is near $420.23, guiding near-term trading decisions. Current indicators reveal mixed signals. The Awesome Oscillator hints at some upward impulse, yet the Momentum Indicator and RSI reading underscore caution. Bulls have been active but face hurdles to break through resistance, while bears exert pressure on prices. Traders might consider long positions on a convincing break above $760.13, targeting $873.43, or short strategies near $533.53 with further risk at $420.23. Upbeat XRP Outlook Amid Recent Downturn XRP experienced a decline of about 1.3% in the past month and a sharper drop of roughly 18.5% over the last six months. This performance indicates a period of uneven pressure with gradual weaknesses accumulating over time. The shorter timeframe reflects a less severe pullback compared to the more significant decline observed over the half-year period, suggesting that market sentiment has been shifting slowly. The numbers reveal a coin that has faced persistent downward pressure while maintaining a smaller setback recently. XRP currently trades between approximately $1.95 and $2.53, with key support near $1.72 and a secondary safety net around $1.15. Resistance appears at about $2.88, with additional pushback around $3.45. Technical indicators suggest low momentum, with an RSI of around 40, indicating that bears have some control in the market. There is no clearly defined trend, prompting traders to consider positions within the established range and monitor for breakouts above resistance or declines below support for potential trading opportunities. Conclusion BNB and XRP both have strong potential to recover and excel when the market turns around. BNB benefits from its close ties to the Binance ecosystem, while XRP aims to bolster its position through ongoing legal resolutions and strategic partnerships. Both assets have unique strengths that could make them shine in a market recovery, but BNB’s robust support from Binance and XRP’s legal clarity efforts are key factors to watch. Ultimately, individual investment strategies and market conditions will determine which one outperforms. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
ARK Invest’s strategic acquisition of 4.5 million shares in Circle signals a pivotal shift towards stablecoin infrastructure within the crypto market. This move reflects ARK’s transition from trading-centric assets to
A widely followed crypto analyst says that Bitcoin ( BTC ) is gearing up for a massive breakout after correcting to the $100,000 level. In a new strategy session, crypto trader Michaël van de Poppe tells his 790,900 followers on the social media platform X that Bitcoin is now likely on the verge of breaking through the resistance level at $105,800. “Bitcoin is about to break back higher, as we’ve taken all the liquidity and it’s quickly being absorbed. These levels should usually be the end of the correction.” Source: Michaël van de Poppe/X He also says that Bitcoin is exhibiting market strength after retesting the $100,739 level. “To be honest, after the recent correction on Bitcoin, this is what you’d want to see. A strong bounce back upwards, ETH also climbing back. Good times are ahead.” Bitcoin is trading for $105,023 at time of writing. Next up, the analyst says he remains bullish on layer-1 blockchain Sui ( SUI ), despite the recent major security breach of the Cetus Protocol, a decentralized exchange (DEX) operating on the Sui network. The analyst says one reason to be bullish on SUI is that the network’s total value locked (TVL) is recovering after its decline triggered by the Cetus hack. The TVL is the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem. “SUI has continued to show strength. Despite the recent exploit on Cetus, the TVL on SUI is still $1.8 billion and constantly growing. It has run back with 20% since the recent drop. Such a strong signal and such a strong ecosystem.” Source: Michaël van de Poppe/X SUI is trading for $3.18 at time of writing, up 1.4% in the last 24 hours. Lastly, the analyst says that the cross-chain messaging protocol Wormhole ( W ) is showing bullish divergence on the weekly chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “W remains to be one of my portfolio altcoins. They are bringing Dogecoin to Solana as well, as they bridge the memecoin towards the other chain. Secondly, they are the exclusive partner of BlackRock’s BUIDL and more partners. Massive bullish divergence.” Source: Michaël van de Poppe/X Wormhole is trading for $0.07355 at time of writing, down 2.8% in the last 24 hours. 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: DALLE3 The post Analyst Michaël van de Poppe Says Bitcoin Is About To Go Higher, Updates Outlook on Sui and One Low-Cap Altcoin appeared first on The Daily Hodl .
Wells Fargo's Jay Bryson discusses potential U.S. economic challenges bordering on recession. Continue Reading: Wells Fargo’s Chief Economist Anticipates Economic Challenges The post Wells Fargo’s Chief Economist Anticipates Economic Challenges appeared first on COINTURK NEWS .