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Altcoins News
Bitcoinsensus
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Dogecoin Founder Questions Trump Tariffs as Markets Stir
- Dogecoin co-creator Billy Markus questions the effectiveness of Trump's tariffs.
- Unclear trade policies contribute to market instability and geopolitical tensions.
- Tariffs impact investor sentiment and risk, extending beyond trade implications.
- Markus highlights the broader consequences of tariffs on assets like Bitcoin and Dogecoin.
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TronWeekly
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Image Credit: TronWeekly
XRP and Ripple Are Separate, Says Senior Ripple Executive
- Ripple's senior executive clarifies the distinction between Ripple and XRP, stating they are separate entities without ownership connection.
- XRP is a digital token on the XRP Ledger, enabling fast and low-cost transactions, processing over 1,500 transactions per second with minimal fees.
- Ripple, a fintech firm, uses XRP in its solutions but does not control the XRP Ledger, which operates in a decentralized manner without a central authority.
- The XRP Ledger's independence allows for open development, free from control or limitations, emphasizing fast and efficient payment services in the financial industry.
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99Bitcoins
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US DoJ Moves to Seize $7.7M Linked to North Korean Crypto Laundering Case
- The US Department of Justice (DoJ) filed a complaint to forfeit over $7.74 million in crypto linked to North Korean laundering activities.
- North Korean IT workers used fake identities to secure illegal employment in the US and other countries.
- US authorities froze and seized the funds associated with the illicit activities of North Korean operatives.
- The DoJ's initiative highlights efforts to crack down on North Korean money laundering activities using cryptocurrencies.
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20 Likes
99Bitcoins
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Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm
- The crypto market is experiencing a downturn post the Elon Musk and Donald Trump fallout.
- Ethereum struggles to break the $2,820 mark while Solana shows some volatility but rebounds from a flash crash.
- Bearish signals for Ethereum include weakening bullish momentum, a bearish MACD crossover, and resistance from Supertrend line.
- The $SOLX presale on Solana, offering a cross-chain bridge with Ethereum and high APY, continues to attract attention amidst the market instability.
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Coindoo
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Image Credit: Coindoo
XRP Price Prediction Until Year-End 2025
- XRP remains the #4 largest cryptocurrency with a market cap of over $126 billion.
- XRP faced resistance near $2.30-$2.35 but bounced back from $2.06, indicating support around $2.10.
- Analysts are optimistic about XRP's path into Q4 with a base above $2 and long-term fundamentals tied to cross-border payments.
- XRP price predictions until year-end 2025 show potential growth, reaching $3.36 by December with over 55% upside from current levels.
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Coindoo
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Image Credit: Coindoo
Top Analyst Highlights Buy Signal for Altcoin as Price Dips to Key Support
- Top analyst highlights a buy signal for altcoin Bittensor (TAO) as its price dips to a key support level suitable for long-term accumulation.
- TAO is currently trading around $369, down nearly 10% over the past week, with strong volatility and a recent retracement from above $400 on May 31.
- Analyst van de Poppe points out a green 'buy-the-dip' zone between $360–$375, noting historical reactivity in this range which could signal upward movement.
- With TAO's market cap at $3.24 billion, 24-hour trading volume at $168 million (up 92%), and circulating supply of 8.79 million out of a 21 million max supply, the altcoin presents a favorable risk-reward setup for buyers.
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Coinpedia
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Image Credit: Coinpedia
Binance Lists SKATE Token: Price Soars 33% Before Launch
- SKATE token, powering a multi-VM blockchain infrastructure, is set to be listed on Binance Alpha and Binance Futures on June 9, 2025.
- SKATE aims to unify decentralized apps (dApps) across different blockchain environments and supports Ethereum VM, Solana VM, among others.
- Binance will host a 24-hour airdrop event for SKATE on June 9, allowing users to redeem the token using Binance Alpha Points.
- SKATE's price surged over 33% in pre-market trading, with Bybit also set to list the token on the same day, fueling further excitement.
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TheNewsCrypto
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4 Altcoins Under $0.25 Seeing Sharp Increase in Whale Demand This Week
- Whale investors are showing increased interest in four altcoins priced under $0.25 this week: Rexas Finance (RXS), Cronos (CRO), Floki (FLOKI), and The Graph (GRT).
- Rexas Finance (RXS) stands out for its innovative real-world asset tokenization approach and community-driven project development.
- Cronos (CRO) is gaining popularity as a scalable DeFi ecosystem with low-cost transactions and Ethereum compatibility.
- Floki (FLOKI), a meme coin inspired by Shiba Inu, has real utility through projects like Valhalla and Floki University, attracting whale interest.
- The Graph (GRT) serves as a critical Web3 data indexing protocol, witnessing increased whale accumulation due to its utility and market potential.
- These altcoins offer potential for significant price appreciation, especially with the expected bull run in the crypto market in 2025.
- Investors are advised to conduct thorough research before engaging with these altcoins due to the volatile nature of cryptocurrencies.
- Whale activity in RXS, CRO, FLOKI, and GRT indicates growing confidence and interest in their unique value propositions within the changing crypto landscape.
- As the crypto market evolves, these altcoins present opportunities for whale investors seeking to capitalize on the potential growth of these projects.
- Despite the speculative nature of cryptocurrencies, the appeal of these low-cost altcoins lies in their innovative solutions and market adaptability.
- Riding on the wave of whale demand, these altcoins exemplify the dynamic nature of the cryptocurrency market and the evolving trends shaping investor interest.
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99Bitcoins
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Huma Finance Defies Gravity as Bitcoin Plummets Over $4,000: What’s Happening?
- Bitcoin plummeted by over $4,000 in the past 24 hours, causing a sell-off in altcoins and meme coins, with top 10 cryptos, except stablecoins, posting losses.
- Huma Finance stood firm amidst market turmoil, defying losses and extending gains, up nearly 5% by June 5 despite a recent 27% drop.
- After its TGE event and listing on top exchanges, HUMA surged but retraced, now up 3X from May lows. Increased community engagement and platform activity are boosting its strength.
- Huma Finance could attract more activity with permissionless lending pools offering high APYs and partnerships with firms like Kaito AI and Jupiter DAO. Backing from top crypto VCs and processing over $4.7 billion in transaction volume add to its potential.
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9 Likes
99Bitcoins
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Uber May Use Stablecoins to Cut Costs on Global Transfers
- Uber is considering using stablecoins such as USDC and USDT to simplify international payments across its 70+ operating countries.
- CEO Dara Khosrowshahi believes stablecoins could offer benefits like faster transactions, lower fees, and reduced banking delays for Uber.
- Uber has no intention of investing in cryptocurrency or introducing its token but sees blockchain technology as a means to enhance efficiency.
- Regulatory uncertainties persist, prompting Uber to cautiously monitor legal developments regarding stablecoin issuance and reserve requirements.
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25 Likes
99Bitcoins
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Coinbase Data Leak Tied to India-Based Contractor, 70,000 Users Affected
- A data breach at Coinbase affecting over 70,000 users has been linked to a third-party support vendor in India, TaskUs.
- The breach involved TaskUs employees accessing internal tools and leaking user data, potentially for profit or ransom demands.
- Coinbase responded by terminating its relationship with TaskUs, enhancing security measures, and investing in a US-based support team.
- While no funds were stolen, the exposed data could lead to phishing attacks, identity theft, and significant financial implications for Coinbase.
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4 Likes
TheNewsCrypto
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Fartcoin Jumps 19% To Reclaim $1, But Momentum Remains Weak
- Fartcoin's price surged by 18.97% within 24 hours, reaching $1.04, with a trading volume of $408.5 million.
- Technical indicators like MACD and RSI indicate weak momentum and neutral conditions, suggesting a possibility of short-term consolidation.
- Despite a slight decline in price, Fartcoin maintained an upward trend, surpassing the $1 mark and recording a price high of $1.07.
- Market data showed active participation with a rise in daily trading volume, reaching $408.5 million, and a trading profile score of 44% for Fartcoin.
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TheNewsCrypto
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Crypto Market Crash: 1 Billion Liquidated as Elon Musk and Donald Trump Disagree
- The crypto market crash worsened after Elon Musk and Donald Trump publicly disagreed, resulting in over $1 billion in long positions being lost.
- Confusion surrounding a new government spending bill also exacerbated the crypto market crash, leading to increased volatility.
- The disagreement between Musk and Trump, who were once aligned in their support for innovation and anti-establishment views, has caused significant turmoil in the crypto space.
- The public dispute between Musk and Trump, fueled by political tensions over the 'Beautiful Bill', has created uncertainty and financial repercussions in the market, with over $982 million of positions liquidated in the past 24 hours.
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4 Likes
TheNewsCrypto
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Dogecoin (DOGE) Dips 8% as Musk-Trump Feud Clouds Market Confidence
- Dogecoin (DOGE) has dropped 8% in the past 24 hours, sliding to $0.15, signaling potential trouble for short-term holders.
- The decline in Dogecoin's price is attributed to weaker market sentiment in the memecoin space, coupled with broader political and cultural tensions.
- Tesla CEO Elon Musk's public dispute with U.S. President Donald Trump has added to the negative sentiment around Dogecoin, impacting its market dynamics.
- Technical indicators like RSI and MACD suggest further downside for Dogecoin, with potential support levels at $0.14 and $0.12, as market confidence weakens and capital shifts away from memecoins.
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TheNewsCrypto
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0
Ethereum (ETH) Dives 5%, Is a Deeper Bearish Slide Coming?
- Ethereum (ETH) has dropped by over 5.65% to around $2.4K, with a market cap of $297 billion.
- The market has witnessed $284.94 million worth of Ethereum liquidated, pushing the overall crypto market cap down by 2.01% to $3.22 trillion.
- ETH bears might establish a negative trend line, with potential further downside corrections leading to more losses. A bullish shift would require a climb above the $2.6K mark.
- Technical indicators like MACD, CMF, BBP, and RSI suggest a negative momentum and potential further downside for Ethereum unless a reversal occurs. The asset might test support at $2,425 or move upwards to test resistance at $2,480.
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