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Livebitcoinnews
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Interactive Strength to Hold Largest Corporate AI Token Reserve
- Interactive Strength Inc. is set to build the largest corporate AI token reserve by investing in FET tokens designed by Fetch.ai.
- BitGo will secure TRNR's FET token holdings in its custody to ensure their safety.
- Fetch.ai and TRNR will collaborate to launch AI-powered fitness training systems as part of the initiative.
- Interactive Strength has entered a Securities Purchase Agreement to raise half-a-billion dollars for purchasing FET tokens.
- The investment aims to create the biggest corporate cryptocurrency treasury specializing in AI tokens.
- ATW Partners and DWF Labs have already invested $55 million into TRNR's FET holdings.
- CEO Trent Ward views digital assets and AI as pivotal in global finance and emphasizes Fetch.ai's role in this technological shift.
- The move is seen as a significant step towards embracing AI-driven assets within corporate finance.
- Fetch.ai's unique technology includes deployable agents that can independently perform various tasks, such as market forecasting and fitness program provision.
- Fetch.ai, being part of the Artificial Superintelligence Alliance, will collaborate with Interactive Strength to enhance digital fitness services.
- TRNR's investment in FET tokens mirrors a growing trend among businesses looking to leverage AI and crypto for future growth.
- Other companies, like Synaptogenix, are also exploring similar crypto treasury strategies to drive long-term rewards and growth.
- The strategic moves by TRNR, including acquisitions of Sportstech and Wattbike, highlight its commitment to integrating fitness, digital technology, and AI.
- The initiative by Interactive Strength to hold the largest corporate AI token reserve signifies a leadership position in merging AI and crypto within business operations.
- The trend of businesses leveraging AI and crypto for growth is on the rise, with TRNR at the forefront of establishing a significant AI token reserve.
- The interaction between Interactive Strength, Fetch.ai, and BitGo reflects a strategic collaboration aimed at pioneering AI-driven initiatives within the corporate landscape.
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Coinjournal
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POL price surges as Sandeep Nailwal assumes Polygon Foundation CEO role
- Polygon token POL (formerly MATIC) surged to $0.24 as Sandeep Nailwal became the new CEO of Polygon Foundation.
- The rise in POL price coincided with widespread gains in the crypto market.
- Nailwal's leadership follows key growth metrics for Polygon in May.
- Overall trading volume for POL surged as the market cap reached around $2.45 billion.
- Altcoins like Ethereum, Solana, and XRP showed gains alongside POL.
- Nailwal's appointment as CEO signals a strategic shift for Polygon following previous co-founder departures.
- The move is aimed at providing clear direction and focused execution for Polygon Foundation.
- Polygon's ecosystem witnessed growth in total transfers, active addresses, and stablecoin supply.
- Under Nailwal, Polygon will focus on PoS, Agglayer, and deprecate the zkEVM platform.
- Plans include Agglayer v0.3 rollout by June 30, 2025, with further interoperability enhancements.
- Additionally, the Agglayer Breakout program will support projects like Polygon ZisK.
- Nailwal highlighted Polygon's strong financial position for long-term growth without the need to raise funds.
- Notably, POL price hit $1.29 in March 2024.
- The news was shared by Polygon on social media
- The original article is from CoinJournal.
- Polygon's former MATIC token has now been rebranded to POL
- The update follows the appointment of Nailwal Sandeep as the new CEO of Polygon Foundation.
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Coindoo
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Altcoin Surges Over 6,000% in 24 Hours — Scam or Speculation?
- Altcoin price surged over 6,000% in 24 hours, raising concerns in the crypto community.
- Analyst David Crypto Scam Hunter issued a high-risk alert due to the sudden spike.
- The token had a history of crashing from a $70 million market cap to $500,000 and remained inactive for over a year.
- No announcements, utility, or partnerships supported the surge, leading to suspicions of manipulation.
- On-chain data revealed sudden buy pressure at 6 PM UTC with wallets showing no identifiable pattern, hinting at a potential setup.
- Top holders received large token amounts via internal transfers, suggesting pre-allocation or insider involvement.
- Some wallets have held tokens since the project's launch, indicating a long dormancy period before the rally.
- Debate surrounds whether the surge is a pump-and-dump scam or an insider strategy to revive a dormant asset.
- Analysts warn of red flags including recycled branding, volume spikes, inactive socials, and suspicious wallet flows.
- Traders are cautioned about $AURA due to lack of fundamental developments and potential for a rug pull.
- The setup looks risky despite early gains, emphasizing the need for caution in volatile altcoin trading.
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TronWeekly
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XLM Price Prediction 2025: Is a 470% Rally Back on the Table?
- Stellar (XLM) has gained 3.21% in the past 24 hours and is approaching technical resistance with potential for a breakout above the 50-day MA to reach $0.313 or higher.
- Stellar's 2025 roadmap focuses on real-world utility and developer-first innovation, signaling a significant evolution from XRP origins.
- As of June 11, 2025, XLM is trading at $0.2823, showing a daily gain of 3.21% and a notable increase in 24-hour trading volume to $267.94 million, up by 25.13%.
- Recent technical analysis indicates XLM is near a crucial resistance level, forming a descending triangle pattern on the daily chart, highlighting a potential upward movement on breakout.
- The 2025 roadmap for Stellar includes launching Lab 3.0 and other tools to enhance smart contract creation and simplify developer onboarding.
- Stellar's network scaling aims to support 5,000 transactions per second, reduce block time to 2.5 seconds, and increase validators to enable various applications in addition to cross-border payments.
- DigitalCoinPrice predicts XLM could reach $0.62 in 2025, while Changelly offers a more conservative forecast of $0.232 to $0.277.
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Coindoo
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Polygon CEO Sandeep Nailwal Unveils Major Network Overhaul
- Polygon CEO Sandeep Nailwal takes full control and launches a roadmap to reshape the network's future.
- Accelerating the launch of Agglayer, a cross-chain aggregator, to enhance interoperability.
- Polygon PoS chain to be upgraded into GigaGAS chain for higher throughput.
- GigaGAS chain targets 100,000 transactions per second while maintaining Ethereum compatibility.
- Polygon zkEVM chain to be phased out in favor of scalable infrastructure.
- Shift towards a founder-led vision for focused development.
- Focus on enhancing stakeholder value and utility of POL token.
- Polygon aims to deliver scalable blockchain solutions with a user-centric approach.
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Bitcoinsensus
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KAIA Rapidly Surges to $0.179 – Breakout or Pullback to $0.161 Next?
- KAIA surged to $0.179, with potential for a pullback to $0.161. RSI indicates a modest decline in overbought conditions.
- The price remains above EMAs, signaling positive momentum. The recent sharp upward impulse developed in two phases.
- RSI peaked at 83 during breakout, now at 73 showing buyer pressure. EMAs act as support levels for potential retests and trend confirmation.
- Current market sentiment is bullish but with potential for a slowdown. Various Fibonacci levels serve as critical zones for trend evaluation.
- Bullish scenario involves consolidation above $0.1618, while bearish scenario looks for break below $0.1512. Potential entry and stop-loss strategies are discussed.
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TronWeekly
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VIRTUAL Shows Signs of Recovery: Is a Bullish Breakout at Hand?
- The VIRTUAL token is showing signs of recovery and a potential trend reversal above the $2.00 mark.
- Technical indicators like ADX, RSI, and MACD suggest increasing bullish momentum, though volume remains a concern.
- Analysts recommend a cautious entry between $2.06 - $2.09, targeting $2.15 and $2.23 for potential gains.
- The token's price action hints at a reversal pattern near the psychologically significant $2.00 level.
- Quiet market conditions and decreasing volume suggest an accumulation phase.
- VIRTUAL was trading above its pivot point of $2.04, indicating potential buyer control.
- Low volatility with Bollinger Bands contracting may lead to a breakout.
- RSI at 36.36 indicates oversold conditions, possibly signaling an upward price movement.
- High ADX level adds weight to the potential for a strong directional move, supported by MACD.
- Sustained price rally would require increased trading volume.
- Entry levels suggested at $2.06 - $2.09, with targets at $2.15 and $2.23; stop loss below $1.96.
- Traders advised to wait for a clear close above $2.09 before entry, monitoring volume for confirmation.
- Analysts emphasize gradual entry above $2.15 in line with rising trading volume.
- The article provides insights and recommendations for trading the VIRTUAL token amidst signs of recovery.
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Coindoo
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Circle Brings Native USDC and CCTP V2 to World Chain
- Circle has introduced native USDC and CCTP V2 to World Chain, benefiting its 27 million users across 160 countries.
- This upgrade brings true native USDC with regulatory clarity and direct backing by Circle, replacing bridged USDC in user wallets.
- Existing bridged USDC was automatically converted to native USDC, ensuring every dollar is backed by cash reserves for a safer stablecoin experience.
- Users now have faster, cheaper access to a digital dollar for cross-border payments and other financial activities without high fees.
- CCTP V2 was also introduced, enabling quick and affordable movement of USDC across supported blockchains, enhancing integration into decentralized finance apps.
- Circle Mint provides businesses regulated access, while developers can embed USDC into World App Mini Apps, expanding utility for millions of users.
- Future plans include introducing EURC, Circle’s euro-backed stablecoin, to World Chain, aiming for broader adoption and global payments impact.
- The integration of native USDC and CCTP V2 positions World Chain as a significant player in global payments and blockchain utility.
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TronWeekly
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Ethereum Just Got a Massive Win From the SEC: Here’s What It Means for Crypto
- SEC Chair Paul S. Atkins aligns Ethereum and DeFi with American values.
- Mining, staking, and validating are no longer considered securities activities.
- Innovation exemption aims to provide legal clarity for DeFi projects and facilitate their operation.
- U.S. SEC Chair Paul S. Atkins delivered a speech reshaping crypto regulation.
- Atkins publicly declared Ethereum's infrastructure activities not as securities transactions.
- Atkins focuses on economic freedom, self-custody, and innovation in his crypto vision.
- A new policy shift highlights a departure in SEC's stance on crypto regulation.
- Publication of staking code or wallet software is not seen as brokerage activity anymore.
- Atkins proposes an 'innovation exemption' to offer legal pathways for DeFi projects.
- Developers would be able to operate legally under certain qualifications during regulatory developments.
- Atkins aims for permanent, legislated regulations to protect innovation in the crypto space.
- Ethereum's position is strengthened as a core player in the evolving financial system.
- Atkins' advocacy for self-custody and on-chain settlement may cement the U.S. as a blockchain innovation leader.
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TheNewsCrypto
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Can Axelar (AXL) Sustain Its Rally, or Is It Just a Temporary Spike from the Upbit Listing?
- Axelar (AXL) price surged over 100%, reaching $0.6217, the highest since January 2024, following its listing on Upbit, South Korea's largest crypto exchange.
- The rally was part of the broader uptrend in the crypto market driven by Bitcoin's return to $110,000 range, benefiting several altcoins including Axelar.
- Axelar's price cooled down to $0.4926 after hitting the peak, marking a 30.31% swing from $0.4771 to $0.6217.
- The cryptocurrency witnessed a weekly gain of over 50% and a monthly rise of nearly 20%, with a market cap of around $433 million.
- The surge in Axelar's price followed its listing on Upbit, causing a notable spike in trading volume and daily active addresses.
- Technical analysis indicates Axelar's potential for a second leg higher, with support at $0.475 and resistance at $0.525.
- Indicators like RSI, MACD, and CMF suggest room for further growth, with the BBPT showing a reset after a breakout peak.
- A breakthrough above $0.5250 with increased volume could push Axelar towards $0.70, while a drop below $0.475 may lead to a retracement to $0.40–$0.42 support zone.
- Overall, Axelar maintains a bullish structure, likely paving the way for its next significant price movement.
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Coindoo
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PI Coin: What the Project Is Actually About
- Pi, launched in 2019 by Stanford graduates Dr. Kokkalis and Dr. Fan, aims to create an inclusive peer-to-peer ecosystem.
- Unlike Bitcoin, Pi uses an energy-efficient mobile mining method inspired by the Stellar Consensus Protocol.
- Users mine Pi by tapping a button daily, participating in Security Circles to secure the network.
- The ecosystem has roles like Pioneers, Contributors, Ambassadors, and Node Operators with a capped supply of 100 billion PI.
- Pi Network evolved through Beta, Testnet, Enclosed Mainnet, and Open Mainnet stages, becoming tradeable on various exchanges.
- Future plans include supporting dApps, a peer-to-peer marketplace, and integrating identity and payments.
- Despite having over 60 million users globally, Pi Network faces criticisms regarding centralization, transparency, and a pump-and-dump risk.
- Users can buy and use PI on select exchanges like OKX, Gate, Bitget, and MEXC but major platforms like Binance and Coinbase have not listed it.
- Pi Coin aims to democratize cryptocurrency through mobile mining and social consensus, with a user-friendly design.
- Challenges include centralization issues, lack of technical documentation, and token volatility, with the future success dependent on roadmap delivery and community transparency.
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Bitcoinsensus
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Ukraine Bill Proposes Bitcoin Reserves as Part of National Holdings
- Ukraine has introduced a bill proposing to add Bitcoin to its national reserves, alongside gold and foreign currencies.
- This move aligns with a global trend of state-level adoption of cryptocurrencies, with Ukraine potentially becoming the first European country to hold BTC reserves officially.
- The draft law would allow the National Bank of Ukraine to include Bitcoin and other digital assets in the country's official reserves.
- The decision is seen as a strategic move considering Ukraine's economic challenges due to the ongoing war.
- The trend of incorporating cryptocurrencies into national reserves is gaining traction globally, with countries like El Salvador embracing Bitcoin and ETFs experiencing significant growth.
- While the bill is still pending review, its approval would signify a significant step for Ukraine in supporting its reserves with cryptocurrencies, highlighting a shift in the traditional financial system.
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TheNewsCrypto
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Can Chainlink (LINK) Smash Resistance and Ride the Momentum to $20?
- Chainlink (LINK) is currently trading around $15 with a trading volume surge of over 34%.
- Bitcoin (BTC) and Ethereum (ETH) are hovering around $109.6K and $2.8K respectively with a greedy market sentiment.
- Chainlink has seen a spike of over 0.98% in the past 24 hours, reaching a high of $15.49.
- The asset's market cap is at $10.12 billion and has gained over 9.39% in the last seven days.
- The four-hour trading graph suggests a potential price correction towards the $15.40 range and a test of the $15.51 resistance zone.
- A reversal could push the price down to immediate support at $15.29 or lower to $15.20.
- Technical analysis shows a bullish signal with the MACD line crossing above the signal line.
- The Chaikin Money Flow indicates positive money flow with moderate buying pressure.
- The daily RSI at 69.61 suggests the asset is close to the overbought territory, signaling a possible reversal or consolidation.
- Chainlink's Bull Bear Power value of 0.70 indicates bullish control over the asset.
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Cryptoticker
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PEPE Set to Explode? Chart Says Yes!
- PEPE price is showing signs of a breakout on both the hourly and daily charts, with the memecoin attempting to reclaim lost ground.
- The daily chart indicates a bounce from the 100-day SMA, while the hourly chart exhibits a bullish structure with higher lows and higher highs.
- Momentum is increasing, suggesting a potential test of higher Fibonacci levels.
- The hourly chart shows PEPE price climbing above the SMA cluster, aiming for the $0.00001360–$0.00001400 zone.
- A 5-wave Elliott structure is completing, with a potential short-term target at $0.00001428 and a further target at $0.00001550.
- If PEPE price reaches $0.00001550, traders could see an 18% gain from current levels.
- On the daily chart, PEPE bounced from the 50-day SMA, indicating bullish pressure.
- A golden cross from May and price recovery above the 38.2% Fibonacci level suggest targets near $0.00001600.
- A break above $0.00001317 could lead to a 20% rally.
- Technical indicators point to a potential rally to $0.00001600, supported by increasing volume and favorable risk-reward ratio.
- If momentum continues and Bitcoin remains stable, PEPE could reach $0.00001600 within the next 7–10 days, marking a 22% increase.
- Watch for a daily close above $0.00001320 as a signal of a new bullish wave for PEPE.
- PEPE seems poised for a significant breakout with potential gains ahead.
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TronWeekly
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Binance Denies XRP Withdrawal Halt, Says Services Running Normally
- Binance confirms XRP withdrawals are operating normally with no service disruptions.
- False reports claimed XRP withdrawals were suspended due to Ripple network issues.
- Screenshots showing suspension messages circulated widely on social media platform X.
- Reports of a temporary XRP withdrawal suspension on Binance spread quickly across social media, sparking uncertainty among users.
- Binance assures that XRP withdrawals are fully functional and no issues have been detected despite screenshots suggesting network suspension.
- Misinformation regarding XRP withdrawal suspension caused concern among users, fueled by claims of issues with Ripple's network.
- Binance clarifies that XRP withdrawal services have not been suspended or experienced downtime and are still operational.
- Previous withdrawal halt in late 2024 due to price instability likely contributed to the present reactions and rumors.
- Binance denies all claims of XRP withdrawal suspension, confirming that all related services are functioning as expected.
- The platform aims to dispel worries and avoid market responses related to false reports of XRP withdrawal issues.
- False alarms about XRP withdrawal suspension rekindle debates on custodial control of digital assets and platform reliability.
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