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TheNewsCrypto

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FLOKI Surges 10%—Can It Break Key Resistance Levels?

  • FLOKI price jumped over 10%, reaching $0.00007603 before settling at $0.00007112.
  • FLOKI's CMF at 0.17 signals strong capital inflow, reinforcing bullish momentum.
  • FLOKI saw a significant price surge of 10% in the past 24 hours, accompanied by a 98% increase in daily trading volume.
  • Technical indicators suggest a bullish outlook for FLOKI, with potential for further upside if it holds above $0.000070 and breaks key resistance levels.

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TheNewsCrypto

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HYPE Token Drops 10% as Hyperliquid Struggles with Market Backlash

  • Hyperliquid's USDC reserves dropped from $2.58B to $2.02B after the JELLY controversy.
  • HYPE token fell 10% in 24 hours, with trading volume surging 443%.
  • Bitget CEO criticized Hyperliquid's actions, likening it to FTX.
  • Hyperliquid grapples with $340 million in USDC outflows following fallout from the JELLY token controversy.

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TheNewsCrypto

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Maker (MKR) Rallies 8%, Eyeing Key $1.5K Resistance Level​

  • Maker (MKR) has rallied over 8% and is currently trading around $1.4K.
  • MKR's daily trading volume has surged by over 184%.
  • Maker's price has seen a 12.63% surge in the last seven days, with a potential breakout above $1.5K.
  • The Relative Strength Index (RSI) suggests MKR is overbought, and the Bull Bear Power (BBP) indicates strong bullish momentum.

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99Bitcoins

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Crypto Firms Urge Congress to Challenge DOJ’s Broad Legal Case Against Tornado Cash Developers

  • A coalition of 34 crypto firms and advocacy groups is urging Congress to push back against the US Department of Justice's legal interpretation used in the case against Tornado Cash developers.
  • The coalition argues that the DOJ's current stance could criminalize nearly all blockchain software developers.
  • The DOJ's interpretation of 'money transmitting business' poses a threat to the entire digital asset development ecosystem in the United States.
  • Despite the Treasury removing Tornado Cash from the sanctions list, Coinbase insists the legal issues at the core of the case remain unresolved.

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99Bitcoins

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Majority of Argentinians Lose Trust in President Milei Amid $4.6B Libra Crypto Scandal

  • A recent poll reveals that nearly 58% of Argentinians distrust President Javier Milei following the LIBRA crypto scandal.
  • Milei's La Libertad Avanza party leads with 36.7% support ahead of the upcoming election.
  • Authorities are now seeking a global arrest warrant for Libra co-creator Hayden Davis amid mounting legal pressure.
  • Public trust in Argentina for President Milei has dropped sharply, with 57.6% expressing distrust following the $4.6B Libra crypto scandal.

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Coinpedia

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SUI Price Analysis—SUI Breaking Out, May Trigger a 25% Upswing to Reach $3.3 

  • SUI price is gaining momentum after rebounding from local lows.
  • Walrus Protocol mainnet launch is driving the rise in SUI price.
  • SUI price expected to trigger a 25% upswing and reach $3.
  • SUI price displaying buying opportunities and potential for a 100x rally.

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Coindoo

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XRP Faces Potential Downturn, According to Crypto Expert’s Recent Analysis

  • Experienced trader Peter Brandt warns of a potential downturn for XRP based on a head and shoulders (H&S) pattern in the coin's price chart.
  • The H&S pattern suggests a shift from upward to downward momentum if XRP breaches the support level at $1.90.
  • Brandt projects a potential price target of $1.07 if XRP falls below the support level.
  • Brandt emphasizes that his prediction is based on data and he remains neutral on XRP.

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99Bitcoins

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DeFi and Stablecoin Crypto Updates: Nostra Pauses Borrowing, USDC Hits Japan, Bullish?

  • DeFi lending protocol Nostra pauses borrowing against xSTRK and sSTRK due to a price feed error
  • Nostra advises users to withdraw funds to avoid unnecessary liquidation risks
  • Cryptocurrency firm Circle launches USDC stablecoin in the Japanese crypto market
  • USDC becoming authorized for use in Japan can bring fresh money into crypto

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99Bitcoins

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IRS DeFi: What You Need to Know About Crypto Taxes

  • Decentralized finance crypto scored a major win in 2025. The US Senate voted 70-28 to scrap the IRS DeFi broker rule, a heavily criticized holdover from the Biden era.
  • The rule, many argued, threatened to suffocate innovation in a sector built on decentralization.
  • The repeal of the IRS DeFi broker rule sends a clear signal to the crypto industry that Washington is paying attention.
  • The IRS DeFi broker rule demanded tax reporting on gross crypto transaction proceeds and user data, which was seen as a bureaucratic overreach and a threat to innovation.

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Coindoo

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U.S. State to Unveil Groundbreaking State-Backed Stablecoin This July

  • Wyoming is set to introduce its own stablecoin, WYST, by July, in partnership with LayerZero.
  • WYST will be fiat-backed and fully reserved, maintaining its peg to the US dollar.
  • Wyoming is evaluating different blockchain platforms to host the stablecoin.
  • The stablecoin project aims to fund public projects using capitalization from reserves.

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99Bitcoins

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Wyoming Stablecoin: Are Stablecoins About to Kill Federalization? WYST Crypto Launch

  • Wyoming stablecoin project, WYST crypto, is set to launch this summer as the first U.S. fully-reserved, fiat-backed stablecoin.
  • WYST, the Wyoming Stable Token, is a dollar-backed stablecoin with overcollateralization and reserves of at least 102% of tokens in circulation.
  • Wyoming plans to leverage WYST not just as a financial tool, but also for funding education and infrastructure through interest income from reserve assets.
  • By trialing WYST on major blockchain networks and employing cross-chain technology, Wyoming aims to set a new benchmark for stablecoin issuers and promote greater blockchain adoption.

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99Bitcoins

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SEC Crypto Task Force: Trump Neuters The SEC Before Crypto Bullrun

  • The SEC Crypto Task Force is progressing with the return of the Securities Clarity Act, aiming to untangle the legal mess surrounding digital assets.
  • The bipartisan legislation, introduced by Reps. Tom Emmer and Darren Soto, would define the legal status of digital assets and provide clarity for the industry.
  • The Act aims to separate digital assets from securities contracts, reducing compliance challenges and promoting innovation.
  • The Securities Clarity Act is part of a broader effort in Congress to define digital asset regulations while supporting innovation and maintaining oversight.

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Coinpedia

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Crypto Market News for Today—CRV, MKR, CFX Spike While MOVE, IP and Hype Face Huge Losses

  • Crypto markets are consolidating after a minor surge, with Bitcoin above $87,000 and Ethereum above $2,000.
  • Curve DAO Token (CRV) price shows signs of an ascending trend, with rising volume and bullish technical indicators.
  • Maker (MKR) price indicates growing market attention, with bullish candles, rising volume, and a potential rise above $1,800.
  • Some altcoins are recovering while others, including MOVE, IP, and HYPE, face significant losses.

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Coindoo

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Is an XRP ETF Inevitable? Growing Confidence Signals Approval May Be Near

  • Optimism is building around the potential approval of an XRP exchange-traded fund (ETF), with many in the industry convinced it’s only a matter of time before regulators give the go-ahead.
  • Ripple’s courtroom success against the SEC has eliminated a major roadblock that previously discouraged institutional involvement with XRP.
  • Traders on Polymarket are betting heavily on an XRP ETF approval, interpreting recent regulatory shifts as a sign of progress.
  • If approved, an XRP ETF could attract significant capital inflows and further integrate the asset into mainstream finance.

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Coindoo

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Sui as Ethereum’s Biggest Challenger, Says Grayscale

  • Grayscale Research identifies Sui as a strong contender to challenge Ethereum's dominance in smart contracts.
  • Sui can process high transaction volumes at minimal costs without additional scaling layers, unlike Ethereum.
  • Sui has a fully diluted valuation of $25.9 billion and has rapidly accumulated $830 million in Total Value Locked (TVL) within a year.
  • With growing adoption and efficient transaction model, Sui could become a major competitor to Ethereum, according to Grayscale.

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