The blockchain industry continues to evolve, and 2025 could represent one of the biggest upgrades to blockchain use cases. The Mutuum Finance (MUTM) project is shaping up to be a major force to reckon with in the crypto world. To ensure the project is a resounding success, the team has been working on a few important developments that are worth highlighting. Mutuum Finance (MUTM) Passes Certik Audit One of the biggest pieces of news to come from the team is that the Mutuum Finance protocol has passed a Certik audit. That effectively means that the platform is safe for buyers, sellers, and liquidators, who are the primary target of the platform. Certik is the leading audit service in crypto and has earned a reputation for being a trusted source of audits for crypto projects. In fact, it is so trusted that most investors never invest in a project that has not presented a Certik audit. Consequently, the Certik audit is expected to boost participation in the presale, which has been a huge success so far. CoinMarketCap Listing Announcement CoinMarketCap is the biggest crypto price data aggregator in the world. With thousands of tokens listed on the platform, it is used by millions of people worldwide. The platform listed MUTM tokens, which could potentially bring millions of people into the project due to the visibility provided there. Another point worth noting is that CoinMarketCap is a trusted source of data. To maintain this reputation, the platform only accepts projects that meet certain requirements. The fact that Mutuum Finance (MUTM) managed to get a listing while still in the presale demonstrates the high level of confidence in its design. Beta Version Launch Mutuum Finance (MUTM) plans to launch a beta version of the platform on the token listing day. This beta platform will act as a technology demonstrator of what Mutuum Finance has to offer. The launch is expected to boost interest in the MUTM token, which could send its price to new highs. Since the announcement, interest in the presale has seen a massive uptick as investors scramble to get a share before the launch. With a planned listing price of $0.06, many investors are working hard to exit from current projects and join MUTM at the low price of $0.03 per token. The presale is currently in Phase 5, and over 20% of the tokens have been sold since the phase began around a week ago. In the upcoming phase, the token price is set to increase by 16.67% to $0.035. This increase will reduce the guaranteed return, based on the listing price, to 71.43% from the current 100%. With such a massive opportunity hanging in the balance, many presale buyers are trying to beat the clock. So far, over 11,600 unique buyers have already grabbed their tokens. What Mutuum Finance (MUTM) Offers Mutuum Finance (MUTM) is a decentralized non-custodial liquidity protocol. That means buyers always retain full control over their assets. When lenders deposit assets, they begin to earn interest on those assets based on the utilization rate of a pool. In exchange for depositing their assets in a pool, the lenders are given mtTokens, which grant them instant liquidity. The mTokens can be traded on secondary exchanges or used as collateral for new loans on the platform. Mutuum Finance is designed for long-term stability. To achieve this goal, the team will place numerous checks and balances in place, which include limiting some tokens from the platform. They will also ensure that all loans on the platform are over-collateralized to the right level. This will ensure that depositors do not face problems with solvency. Another measure they have in place is liquidation; if collateralization for a given position drops below a certain threshold, the loan is instantly liquidated. Liquidators can then step in and purchase the debt at a small discount. That helps to protect the long-term solvency of the ecosystem. Mutuum Finance (MUTM) does not plan to be just another token in the DeFi world. It aims to be the main token of decentralized finance. To achieve this goal, it focuses on user security and protocol solvency. Over the long term, this will ensure growth in liquidity pools while positioning itself as a trusted platform. It will carefully balance promoting protocol participation and ensuring only quality tokens can be added. Another area of focus for the team is cost-cutting. To do this, they will focus on coming up with strategies to reduce calldata, which is often the main source of transaction costs. Additionally, by limiting the number of tokens added on the platform, it will help to cut back on complexity, which will reduce overall gas fees. At the current price of $0.03, coupled with the expected features of Mutuum Finance (MUTM), joining the presale could turn out to be one of the wisest crypto investment decisions of 2025. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored press release 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.
The Congressional Budget Office (CBO) released a comprehensive report analyzing the fiscal impact of the Trump administration’s extensive global tariff strategy. The findings indicate a potential $2.8 trillion reduction in
Singapore, June 5, 2025 – HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko’s Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter and underscores HTX’s growing global influence and robust platform performance. Kaiko, a trusted provider of institutional-grade crypto market data and indices, assessed 45 leading spot exchanges across six weighted dimensions: Governance, Liquidity, Technology, Business, Security, and Data Quality. HTX distinguished itself particularly in the Business and Technology categories, while maintaining top-tier performance in Security. Business Strength: Ranked Second in the Industry HTX secured the No. 2 position globally in the Business category, reflecting its exceptional product depth, operational scale, and innovation capacity. In April alone, HTX listed 14 new tokens covering trending sectors such as staking infrastructure and on-chain narratives. Standout performers included: STO, which saw a post-listing surge of 303% DARK (MCP narrative), up 246% HOUSE (Solana-based meme coin), up 176% HTX also became the first exchange globally to list USD1 (World Liberty Financial USD), a new entrant in the stablecoin space, further cementing its position as a first-mover in emerging asset classes. According to DeFiLlama, HTX achieved a net capital inflow of $472 million in April, the highest among global CEXs—surpassing competitors by 6–7x. In addition, CoinGecko’s 2025 Q1 Crypto Industry Report named HTX the only Top 10 exchange with positive spot trading growth, bucking broader market headwinds. Technological Excellence and Seamless User Experience HTX also ranked among the top performers in the Technology dimension, which Kaiko defines by factors such as platform uptime, API latency, and throughput under high-load conditions. HTX’s consistent system stability and ultra-low-latency infrastructure have enabled it to deliver a high-frequency trading environment trusted by both retail and institutional users. In Kaiko’s analysis, technological excellence is a core driver of user retention—and HTX’s performance reinforces its standing as a premium trading venue. Top-Tier Security HTX scored among the highest across the board in Security, thanks to proactive risk management and infrastructure investment. The exchange has maintained zero security incidents for 20+ consecutive months. Recent enhancements include: Multi-device login protections and anomaly transfer alerts Fireblocks Off-Exchange integration to strengthen institutional custody Expanded collaboration with global white-hat partners for 24/7 defense and continuous penetration testing HTX continues to set the industry standard for transparency, with 31 consecutive months of asset reserve disclosures. Its May 2025 Merkle Tree Proof of Reserves confirmed a 73% surge in USDT in April, followed by over 30% growth in May—clear proof of growing user trust and accelerating capital inflows. A Continued Commitment to Excellence HTX remains committed to upholding the highest standards in security, compliance, and market integrity while expanding access to new digital asset opportunities. This recognition by Kaiko places HTX firmly among the elite exchanges shaping the future of the crypto ecosystem. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/ , and follow HTX on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com . The post HTX Jumps Two Spots to #8 in Kaiko’s Q2 Exchange Ranking first appeared on HTX Square .
JP Morgan accepts cryptocurrency ETFs as collateral, modifying risk management approaches. The decision enhances Bitcoin demand and institutional interest in U.S. Continue Reading: JP Morgan Redefines Traditions with Bold Crypto Collateral Decision The post JP Morgan Redefines Traditions with Bold Crypto Collateral Decision appeared first on COINTURK NEWS .
The post Ripple Price: Analyst Who Called XRP’s $3.36 Top Expects $2 Retest, Then Breakout appeared first on Coinpedia Fintech News Popular crypto market analyst Francis Hunt, better known as “The Market Sniper,” recently shared his latest views on XRP’s price movements — and while the token has been stuck in a range for some time, Hunt says a big breakout is still on the cards. A Perfect Call at $3.36 and What Followed Hunt recalled that his team had accurately called XRP’s previous high at $3.36, a price they predicted would act as a temporary top. Since hitting that level, XRP has fallen into what he describes as a falling wedge pattern — a technical setup where the price steadily moves lower within a narrowing range. Typically, falling wedges tend to break upwards, and Hunt expects XRP to follow this pattern eventually. The Importance of the $2 Support Zone According to Hunt, the $2 mark has become one of the most crucial support levels for XRP. Even though the token dipped below it a few times, each drop was quickly bought up, showing there are big buyers in that area. He believes this is a good sign for long-term bulls, as it means strong hands are defending the price around $2. While the current market isn’t showing much strength — especially with Bitcoin taking a hit recently — XRP still hasn’t broken down decisively. Hunt points out that while he exited some of his positions at the $3.36 high, he’s watching for a chance to jump back in if XRP drops slightly below $2 for brief periods, as it could offer “one or two lucky fills.” Why the Falling Wedge Matters The falling wedge pattern XRP is stuck in has lasted longer than expected, but according to Hunt, the longer this kind of setup holds, the stronger the eventual breakout tends to be. He explained that most of XRP’s trading action has happened in the lower half of the wedge, hinting that pressure is building for an upward move. However, Hunt warns that external market shocks — such as geopolitical conflicts or economic crises — could temporarily derail this setup.
Ripple CTO David Schwartz shared a lighthearted yet insightful post on X, offering a rare glimpse into his extensive experience in cryptography and blockchain. Responding to a question from OldmanJonesy about what his personal highlight reel would look like, Schwartz offered a satirical yet subtly profound glimpse into the evolution of his career. Among the most eye-catching of his remarks was the claim: “invented XRP while trying to design a better vending machine,” and in the process, “accidentally solved payments instead of snacks.” Though offered in jest, this comment captures the serendipitous brilliance that has long defined Schwartz’s trajectory. With a background in cryptography and a deep fascination for distributed systems, Schwartz co-created the XRP Ledger (XRPL) in 2012 alongside Arthur Britto and Jed McCaleb. Their original intention was to build a faster, more energy-efficient alternative to Bitcoin, which at the time was grappling with high transaction costs and scalability issues. Schwartz’s latest playful anecdote aligns well with his history of transforming abstract technical ideas into tangible breakthroughs, turning a “vending machine problem” into a global payments infrastructure. Invented XRP while trying to design a better vending machine.Accidentally solved payments instead of snacks. Once debugged an XRPL consensus edge case using only telepathy and Diet Coke. Known as "JoelKatz" because "Satoshi Nakamoto" was already taken. Rumored to be the only… — David 'JoelKatz' Schwartz (@JoelKatz) June 5, 2025 From Cryptographic Curiosity to Ledger Mastery David Schwartz has never been the typical technologist. His Twitter post adds color to this, stating that he once “debugged an XRPL consensus edge case using only telepathy and Diet Coke.” While clearly satirical, the comment nods to his deep involvement in fine-tuning XRPL’s consensus algorithm, which uses a unique Federated Byzantine Agreement to achieve fast, secure transactions without the energy demands of proof-of-work systems. This consensus model remains one of the XRP Ledger’s most distinguishing features and is at the heart of its institutional appeal. The CTO also jokingly claimed he “successfully explained XRPL’s consensus mechanism to one of his dogs,” who then went on to “lead a DAO.” Behind the humor lies a very real truth: Schwartz is widely respected for his ability to demystify complex blockchain concepts. His technical blogs, whitepapers, and public talks have educated thousands and helped shape industry conversations around scalability, interoperability, and decentralization. A Mythical Technologist with a Cryptic Past Schwartz’s self-effacing wit continued throughout his post, with claims like being “known as JoelKatz because Satoshi Nakamoto was already taken,” and “rumored to be the only person who understands both how the XRP Ledger works and Ripple’s org chart.” These tongue-in-cheek remarks not only reflect the cult-like mystique that surrounds blockchain pioneers but also hint at his dual role as both a deep technologist and a leader within Ripple’s complex organizational structure. Before his work in blockchain, Schwartz held various engineering roles, including working on encrypted cloud storage and secure messaging systems. He also once filed patents related to distributed computer networks, a precursor to his later work on decentralized ledgers. While his post claims he “architected NuDB in his head during a five-hour investor meeting while pretending to be asleep,” it’s true that Schwartz is the creator of NuDB, a key-value database engine optimized for high-throughput applications like XRP’s ledger. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Satirical Brilliance, Serious Legacy Perhaps the most hilarious of his recent statements is the quip that he “publicly declared the blockchain trilemma ‘a fun puzzle,’ then solved it on a napkin during a lunch break. The napkin became the design for Solana.” Of course, there’s no evidence that Schwartz contributed to Solana’s design, but the joke serves as a nod to his towering reputation in crypto circles. Similarly, his claim of having “developed a zero-knowledge proof that he was not responsible for the ledger loss incident but never told anyone” pokes fun at the opaque nature of some blockchain narratives. He rounded off his mythical self-portrait by alluding to an early, fictional stint “lumberjacking in the Sahara Forest,” and being “often mistaken for a time traveler due to an unfortunate mix of never being completely sure what year it is, prophetic tweets, and extremely old shoes.” Though hyperbolic, these comments highlight Schwartz’s status as not only a respected technologist but also an influential figure in crypto culture. The Genius Behind the Humor Despite the humorous tone, David Schwartz’s post underscores a legacy that is anything but trivial. As Ripple’s Chief Technology Officer, he remains instrumental in the ongoing development of cross-border payment solutions, decentralized finance protocols, and enterprise-grade blockchain infrastructure. Under his technical guidance, Ripple has broadened its impact beyond XRP, driving fintech innovation through initiatives like the RLUSD stablecoin and XRPL EVM sidechain support . David Schwartz’s genius lies not just in the technologies he builds, but in the way he communicates them—with humor, clarity, and the kind of eccentric charisma that turns code into culture. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CTO: I Invented XRP While Trying to Design a Better Vending Machine appeared first on Times Tabloid .
Whale buys, stable funding, and heatmap clusters build a strong case for a breakout.
JPMorgan Chase — the largest bank in the United States by assets — is preparing to allow trading and wealth management clients to use crypto-related assets, including Bitcoin exchange-traded funds (ETFs), as collateral for loans. According to a June 4 report by Bloomberg, the offering is expected to roll out in the coming weeks, starting with BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF with over $70.1 billion in assets under management. The move signals growing institutional acceptance of Bitcoin and digital assets, particularly following the success of spot Bitcoin ETFs earlier this year. JPMorgan’s program will let clients pledge crypto-linked ETFs to access liquidity and factor digital asset holdings into net worth calculations. JPMorgan CEO Stays Skeptical but Expands Bitcoin Access Despite JPMorgan CEO Jamie Dimon’s long-standing criticism of cryptocurrencies, the bank’s crypto footprint continues to grow. In May, Dimon acknowledged the growing client demand and said that JPMorgan would soon allow clients to purchase Bitcoin. Still, he reiterated his personal reservations about crypto, likening its use to smoking: “I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin.” JPMorgan has been gradually building its crypto infrastructure since launching its dollar-pegged stablecoin, JPM Coin, in 2020. More recently, the bank disclosed that it holds shares in several spot Bitcoin ETFs, further indicating its expanding interest in digital asset markets. The decision to offer crypto-collateralized loans places JPMorgan among a small but growing group of U.S. financial institutions exploring the integration of blockchain-based assets into traditional financial services. Trump Administration Eases Crypto Rules for Banks JPMorgan’s latest initiative also comes as U.S. regulatory attitudes toward crypto shift under the Trump administration. In April 2025, the Federal Reserve rescinded guidance that discouraged banks from engaging in crypto-related activities , including stablecoin services. A month later, the Office of the Comptroller of the Currency affirmed that banks could legally custody digital assets for their customers. With regulatory barriers easing and institutional products maturing, the line between traditional finance and digital assets continues to blur. The post JPMorgan to Offer Loans Backed by Bitcoin ETFs as Wall Street Warms to Crypto appeared first on TheCoinrise.com .
Data shows the Bitcoin short liquidations have been notably outpacing the long ones recently. Here’s whether this is something alarming or not. Bitcoin Liquidation Oscillator Is In Negative Territory Right Now In a new post on X, CryptoQuant author Axel Adler Jr has provided an overview of the futures market from the perspective of the liquidations dominance oscillator. “ Liquidation ” refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (as defined by its platform). Naturally, this happens following a decline in the price for the long contracts (bullish bets), while after a surge in the case of the short ones (bearish bets). The risk of these contracts being liquidated goes up the more leverage that the investor has opted for. The liquidations dominance oscillator compares long and short liquidations occurring across the sector and represents their balance as an oscillator around the 0% mark. Below is the chart for the oscillator shared by the analyst that shows the trend in its 30-day moving average (MA) value over the last couple of years. As is visible in the graph, the 30-day MA of the Bitcoin liquidations dominance oscillator has had a negative value recently, which suggests the shorts have been observing more liquidations than the longs. This dominance of short liquidations has come as the cryptocurrency’s price has rallied to a new all-time high (ATH) . From the chart, it’s apparent that a similar trend was also witnessed during past rallies. Generally, mass liquidation events involving shorts help support the upside. As the analyst has highlighted in the graph, however, an extreme level of dominance from the short liquidations implies overheated conditions for Bitcoin, with its price attaining a top alongside it. At present, though, the indicator is sitting at ‘just’ -11.5%. The rally at the end of 2024 saw the metric hit a peak negative value of -16.5%. Similarly, it reached -19% in April 2024 and -24% in January 2023. “Thus, despite the recent pullback, bullish momentum remains intact – without the kind of “overheating” that could trigger sharp local reversals,” notes the analyst. In some other news, the on-chain analytics firm Glassnode has revealed in an X post how the Bitcoin network has skewed toward institutional involvement during the past six months. The indicator shared by Glassnode is the Unspent Realized Price Distribution (URPD) , which tells us about how much of the cryptocurrency’s supply was last purchased at what price levels. As the analytics firm explains, Above $90k, activity is led by 100–10k $BTC holders. Wallets >100k $BTC are most concentrated at $74k–76k, large whales (10k–100k) at $78k–79k, $85k–90k, and near current levels. BTC Price Bitcoin has gone stale during the past few days as its price is still trading around the $104,800 mark.
BitcoinWorld Altcoin Season Warning: Index Plunges to 23, Signaling Critical Bitcoin Season Hey crypto enthusiasts! Ever wonder if it’s the right time to focus on Bitcoin or explore the vast world of altcoins? The crypto market is constantly shifting, and understanding these cycles is key. A popular metric, the Altcoin Season Index, is currently giving us a strong signal: we are firmly in Bitcoin Season. What Does the Altcoin Season Index Tell Us? The Altcoin Season Index, tracked by platforms like CoinMarketCap, is designed to give investors a snapshot of market sentiment and performance relative to Bitcoin. It measures how many of the top 100 altcoins (excluding stablecoins and wrapped tokens) have outperformed Bitcoin over the past 90 days. The index score ranges from 1 to 100. Here’s a simple breakdown: Altcoin Season: This occurs when 75% or more of the top 100 altcoins have performed better than Bitcoin over the last 90 days. The index score would typically be high, often above 75. Bitcoin Season: This is the opposite. It happens when 25% or fewer of the top 100 altcoins have outperformed Bitcoin over the same 90-day period. The index score would be low, typically 25 or below. Neither: If the performance is somewhere in between (25% to 75% outperform Bitcoin), the market isn’t clearly in either season. Bitcoin Season is Here: The Index at 23 As of June 5, the Altcoin Season Index registered 23. This figure is down slightly from the previous day, reinforcing the current trend. A score of 23 falls squarely into the definition of Bitcoin Season. This means that over the last three months, a significant majority of the largest altcoins have struggled to keep pace with Bitcoin’s performance. During Bitcoin Season, capital tends to flow primarily into Bitcoin. This could be due to various factors such as Bitcoin acting as a safe haven during uncertainty, increased institutional interest focused on BTC, or simply market dominance cycles where Bitcoin leads rallies or shows relative strength during downturns. Navigating the Current Crypto Market Cycle Understanding whether we are in Altcoin Season or Bitcoin Season is crucial for developing an effective Crypto Investing Strategy. When the index signals Bitcoin Season, it suggests that focusing solely on a broad basket of altcoins might not yield the best short-term results compared to holding or focusing on Bitcoin. Key Considerations During Bitcoin Season: Bitcoin Dominance: Bitcoin’s market dominance (its market cap relative to the total crypto market cap) often increases during Bitcoin Season. Altcoin Performance: Many altcoins may underperform Bitcoin, and some may even see significant price drops while Bitcoin holds relatively steady or increases. Risk Assessment: Altcoins are generally considered higher risk than Bitcoin. During periods of market uncertainty or consolidation led by BTC, this higher risk can become more apparent. Your Crypto Investing Strategy in a Bitcoin-Dominant Market So, with the Altcoin Index pointing to Bitcoin Season, what’s your move? This isn’t financial advice, but understanding the current climate can help inform your decisions: Potential Strategies: Focus on Bitcoin: Some investors may choose to allocate a larger portion of their portfolio to Bitcoin, anticipating it will continue to be the stronger performer. Selective Altcoin Exposure: Instead of a broad altcoin approach, focus on specific altcoins with strong fundamentals, upcoming catalysts, or unique use cases that might still perform well even in a Bitcoin-led market. Thorough research is essential here. Increase Stablecoin Holdings: For risk-averse investors, increasing stablecoin holdings can be a way to preserve capital during volatile periods or await clearer market signals. Rebalancing: Use this period to rebalance your portfolio according to your long-term strategy and risk tolerance. Challenges: Predicting the Shift: Knowing exactly when Bitcoin Season will end and Altcoin Season will begin is impossible. The index is a lagging indicator, reflecting the past 90 days. Market Volatility: Even during Bitcoin Season, the entire crypto market remains highly volatile. False Signals: The index is just one tool. Other factors like macroeconomics, regulatory news, and specific project developments also heavily influence prices. Understanding the Cycle is Power The Altcoin Season Index at 23 serves as a clear indicator of the current market phase – Bitcoin Season. While this doesn’t mean altcoins won’t see any gains, it suggests that Bitcoin is currently the dominant force and has been outperforming the majority of the top altcoins over the past three months. For investors, recognizing this phase is crucial for refining their Crypto Investing Strategy, managing risk, and potentially identifying where value is currently congregating within the crypto market. Remember, market cycles are dynamic. Bitcoin Season won’t last forever, and eventually, conditions will likely become favorable for altcoins again. Staying informed, conducting your own research, and having a well-defined strategy tailored to different market conditions are your best tools for navigating the exciting, albeit sometimes challenging, world of cryptocurrency. To learn more about the latest crypto market trends, explore our articles on key developments shaping the crypto market. This post Altcoin Season Warning: Index Plunges to 23, Signaling Critical Bitcoin Season first appeared on BitcoinWorld and is written by Editorial Team