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Coindoo

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World Liberty Financial Responds to Senate Investigation on Stablecoin

  • World Liberty Financial (WLF) responds to the Senate investigation on stablecoin, stating that the investigation is based on flawed assumptions and lacks merit.
  • The company has raised concerns about the fairness of Senator Blumenthal’s inquiries, who alleges possible breaches of federal law by WLF and Fight Fight Fight LLC, the company behind the Trump memecoin.
  • Blumenthal is particularly concerned about potential violations related to Trump’s financial gains from the companies and the connections between WLF and the Trump family, raising suspicions of conflicts of interest.
  • WLF's legal response rejects the claims, emphasizing that their stablecoin, USD1, is fully reserved and backed by U.S. Treasuries and cash equivalents, aiming to enhance U.S. financial influence globally.

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Coindoo

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BlockDAG Confirms 5 Listings as it Crosses $251M – 15 More on Deck, While XRP Targets $8, & Stellar Rises

  • BlockDAG confirms listing on 5 major exchanges, raising over $251 million in presale funds with 15 more listings to be announced.
  • XRP price surges to $2.61, with analysts forecasting targets of $8.40 and potentially $27 based on chart patterns.
  • Stellar (XLM) climbs steadily to $0.3155, showing strength across technical levels and eyes resistance at $0.322 for potential higher levels.
  • BlockDAG's presale funds surpass $251 million with significant interest, offering a limited-time entry point at $0.002 before June 13.

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Cryptopotato

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State of Wisconsin Investment Board No Longer Holds $321M in BlackRock’s Bitcoin ETF Shares

  • State of Wisconsin Investment Board (SWIB) has divested $321M worth of BlackRock's Bitcoin ETF shares.
  • SWIB was an early buyer of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow.
  • Even though SWIB increased its IBIT holdings to $107M at one point, it has now exited its position.
  • Goldman Sachs has become the largest known IBIT holder globally, solidifying IBIT's dominance in the spot Bitcoin ETF market.

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Coindoo

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Onchain Student Loans Could Quadruple DeFi TVL

  • Siu highlighted the $3 trillion global student loan market as an untapped opportunity for DeFi growth.
  • Moving even 10% of student loans onchain could quadruple the Total Value Locked (TVL) in DeFi.
  • Web3-based education finance could be a gateway for crypto adoption, especially among the unbanked.
  • Animoca's investment in Pencil Finance, offering blockchain-based student loans, aims to expand into the U.S. with a $10 million initiative.

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Coindoo

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$4M Raised Fast, $1 in Sight – Web3 ai Heats Up as Sui Price Outlook and LTC Surge Battle for Hype

  • Web3 ai has raised $4M, including $1M in 48 hours during stage 5 of its presale, standing out with real-life AI tools backed by $WAI token, gaining recognition for delivering actual functionality, not just hype.
  • With 12 AI tools including an AI trading assistant, Web3 ai focuses on usability and has features like staking, revenue sharing, and governance rights, positioning itself as an AI crypto for practical use rather than speculative pricing.
  • Analysts see Web3 ai as a potential standout in 2025, comparing its growth to early BNB and LINK moments, with whales showing interest and a community-centric approach.
  • Litecoin (LTC) sees a potential breakout above $100, aiming for $150, supported by technical indicators suggesting bullish momentum and a long-term pattern hinting at a significant surge.
  • Sui price outlook remains positive after an 80% rally, breaking out of a bullish pennant pattern, with indicators pointing to further upside potentials towards $5.20-$5.30 in the short term.
  • Sui's momentum was boosted by a recent token unlock, leading to price doubling within a week, with projections suggesting a range of $12 to $18 by June, driven by ecosystem growth.
  • Web3 ai is gaining fast traction with its $4M milestone, creating buzz in the crypto community, raising questions on whether it could lead as the first AI crypto delivering tangible results.
  • Web3 ai offers 12 real tools tied to the $WAI token, showcasing utility lacking in many AI tokens, with potential for $WAI to surpass $1 based on actual usage rather than speculation.
  • Litecoin (LTC) and Sui present solid prospects, with LTC aiming for a breakout above $100 while Sui shows a positive outlook, but Web3 ai emerges as a notable contender.
  • Despite the strong interests in LTC and Sui, Web3 ai is making significant progress, resonating with investors for its practical applications and potential growth in the AI crypto sector.

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Coinjournal

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PI coin price prediction as it drops below $1 despite $100m Pi Network Ventures launch

  • The Pi coin price has dropped to $0.803 despite the launch of the $100 million Pi Network Ventures fund.
  • Bearish technical indicators suggest that PI may fall further to $0.75 or lower.
  • The Pi Network Ventures fund aims to boost PI's real-world utility by supporting startups in various sectors.
  • Despite recent losses, PI remains higher than its price seven days ago, but trading volume has surged, indicating market reaction to the Ventures announcement.

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Coindoo

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Here Is the Level That Will Take Bitcoin to the Next Stage

  • Market analyst Ali Martinez believes a daily close above $107,000 could propel Bitcoin to new highs.
  • A close above $107,000 is seen as a technical breakout indicating increased momentum and bullish sentiment.
  • Bitcoin is currently trading in the $103,000–$104,500 range, struggling to surpass local resistance levels.
  • Traders are advised to wait for a strong daily close above $107,000 as a confirmation for a potential bullish breakout.

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Coindoo

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The GENIUS Act is About Securing the Future of American Finance, Says Bo Hines

  • The GENIUS Act focuses on the importance of stablecoins, digital assets pegged to the U.S. dollar, to modernize money transactions in the digital age.
  • Bo Hines, Executive Director of the President’s Council of Advisers for Digital Assets, believes stablecoins strengthen U.S. dollar dominance, improve payment systems, and offer faster, cheaper, and transparent ways to transfer money.
  • By adopting stablecoin technology, the U.S. can enhance its financial infrastructure, lower transaction costs, and enhance accessibility for users, positioning the country as a leader in the next generation of finance.
  • Hines envisions digital asset technology as the future of finance, suggesting that the U.S. is prepared to take the lead in this evolving financial landscape.

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Coindoo

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Top 4 Altcoins To Rally From Under $1 To Over $200 Before The Bull Cycle Ends 

  • Four altcoins - Tron (TRX), FloppyPepe (FPPE), Dogwifhat (WIF), and Bonk (BONK) - are poised for significant growth from under $1 to over $200 as the bull cycle gains momentum.
  • FloppyPepe (FPPE) stands out with its AI technology and strong fundamentals, aiming to reach $200 before the current bull cycle ends.
  • Tron (TRX) shows potential for a shocking breakout, despite trading below its all-time high, with a parabolic setup in progress.
  • BONK and Dogwifhat (WIF) are also positioned for substantial surges, with BONK showing signs of technical breakout and WIF experiencing massive upside potential in the meme coin space.

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Coindoo

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Smart Money Picks Pepecoin and Unilabs as Hottest Altcoins With 5x Summer Growth Prediction

  • Investors and experts anticipate significant growth for Unilabs and Pepe coin in the upcoming altcoin rally, with a predicted 5x increase in value.
  • Unilabs is a decentralized hedge fund utilizing AI and asset baskets to maximize returns, currently in live presale phase with over $30 million managed, offering potential ROI even before listings and a high-utility protocol.
  • Unilabs' referral program incentivizes users to earn UNIL tokens through successful recommendations, promoting engagement and wealth democratization.
  • Pepe coin has seen a 71% price rally recently, with bulls targeting further upside, driven by memecoin surge and notable investor transactions indicating positive momentum.

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Coindoo

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XRP: Short-Term Price Prediction Based on Wave Analysis

  • Analyst who accurately predicted XRP drop to $2.36 now foresees a push towards $2.55 and a longer-term move to $3.333.
  • Current Elliott Wave correction shows Wave A complete, with Waves B and C expected to follow for a bullish retracement setup.
  • Key levels to monitor: Supports at $2.3502 and $2.2222, Resistances at $2.58 and $3.3333.
  • Traders advised to watch for confirmation of Wave B strength before positioning for larger move to $3.33, with bullish outlook dependent on maintaining support above $2.22 in the short term.

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Bitcoinmagazine

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Steak ‘n Shake Now Accepting Bitcoin via Lightning Network Across U.S. Locations

  • Steak ‘n Shake has officially launched Bitcoin payments via the Lightning Network across U.S. locations, following the announcement on May 9.
  • Customers can now pay for their meals with Bitcoin at Steak ‘n Shake, a major step in mainstream Bitcoin adoption as the chain serves over 100 million customers annually.
  • The Lightning Network payments are officially supported in-store with a full rollout across their system, making fast and low-cost transactions possible.
  • Steak ‘n Shake's adoption of Lightning Network for Bitcoin payments reflects a commitment to Bitcoin integration and could potentially lead to similar moves in the industry.

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Cryptopotato

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All TRX Holders Turn Profitable as Tron Hits Major 2025 Milestone

  • All TRX investors have turned profitable as Tron records significant gains, with the native asset seeing a 115% increase in value over a year.
  • Investors holding TRX for various periods, ranging from one week to one year, have entered the profit zone, showcasing positive market sentiment and user confidence in Tron's future potential.
  • Short-term TRX holders being in profit is driving strong positive sentiment in the market, potentially attracting new participants to invest in Tron.
  • Tron's network has gained higher reliability and security, with consistent block production and a maturing network performance, reinforcing its credibility as a high-throughput blockchain platform.

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Coindoo

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Millions in Short Liquidations Loom if Bitcoin Breaks Above This Level

  • Over $23.65 million in short positions could be liquidated if Bitcoin breaks back above the $105,000 mark, according to crypto analyst Ali Martinez.
  • A heatmap from CoinGlass indicates a dense cluster of short positions above $105,000, raising the potential for a liquidation cascade and short squeeze scenario if bulls surpass that resistance.
  • Whales have sold over 30,000 BTC in the last three days, suggesting profit-taking at local highs, which could temporarily suppress upward momentum for Bitcoin.
  • Bitcoin faces a critical juncture with a possible breakout above $105K leading to liquidations of shorts and renewed bullish momentum, while recent whale selling hints at a consolidation phase before further advances.

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Coindoo

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FloppyPepe’s 20,000% Rally To Dwarf TURBO’s 150% Run, Pushes Shiba Inu Out Of The Spotlight

  • FloppyPepe (FPPE) outshines TURBO and Shiba Inu with a 20,000% rally, stealing the spotlight in the crypto market.
  • FPPE introduces AI technology and meme culture, attracting investors with its rapid growth and innovative features.
  • FloppyPepe's unique financial model, Floppynomics, burns tokens in transactions, rewarding holders and fostering price appreciation.
  • While TURBO sees a 150% rally and Shiba Inu maintains its legacy status, FloppyPepe's potential rally eclipses them both, shifting market dynamics.

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