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Cryptography News
Coindoo
4w
348
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Bitcoin Whales Have Been Shrinking Since Tesla’s $1.5B BTC Buy — Coincidence or Clue?
- Since Tesla's $1.5 billion Bitcoin purchase in February 2021, the number of wallets holding over 1,000 BTC has been steadily declining.
- The approval of spot Bitcoin ETFs briefly spiked whale wallet counts, but the growth was short-lived.
- Despite Bitcoin's mainstream adoption and price rallies, the number of large wallets has shown minimal growth.
- This trend raises questions about whether Tesla's Bitcoin purchase marked a broader shift in how large holders engage with the market.
- Factors like a more diversified investor base, increased use of custodial services, or splitting coins across addresses could explain the stagnation in whale accumulation.
- Bitcoin's price hitting new highs contrasts with the evolving makeup of its largest holders.
- This shift may have long-term implications for market dynamics.
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NullTX
4w
31
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Solana-Based NFT Marketplace Solsniper Shuts Down After 3.5 Years of Operation
- Solsniper, a Solana-based NFT marketplace and analytics platform, has announced its shutdown after 3.5 years of operation.
- The team behind Solsniper cited operational sustainability issues as the reason for shutting down the platform.
- Assets listed on the Sniper Marketplace will be delisted, active bids will be canceled, and order and bid balances will be refunded to users' wallets.
- Users do not need to take any action as all refunds are expected to be completed by June 13, 2025, with support available via Discord for any issues.
- Solsniper's responsible shutdown approach has earned praise from the community for ensuring users receive full refunds and a clear timeline.
- The team expressed gratitude towards the NFT community for their support and hinted at future endeavors in the blockchain or decentralized application space.
- Despite the closure, Solsniper's team plans to continue working in the Web3 sector leveraging their experience from this chapter and applying it to future projects.
- The shutdown of Solsniper highlights the challenges of operational sustainability in the NFT and Web3 space, providing a cautionary tale for startups in the ecosystem.
- The closure of Solsniper serves as a reminder of the financial strains faced by Web3 startups and showcases responsible project management practices in a volatile industry.
- The Solana ecosystem is likely to remember Solsniper's shutdown for its insights into navigating the unpredictable world of Web3.
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NullTX
4w
0
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Coinbase Adds Sonic (S) to Listing Roadmap, Signaling Major Leap for Emerging Blockchain Network
- Coinbase has added Sonic's native token, $S, to its listing roadmap, signaling a significant leap for the emerging blockchain network.
- Integrating $S involves full-stack integration of the Sonic network, different from supporting ERC-20 or SPL tokens.
- The inclusion of $S in Coinbase represents openness to new blockchains meeting strict criteria like scalability and compliance.
- Strategic advantages of Coinbase listing for Sonic include broader market access and credibility.
- Being on Coinbase offers access to Coinbase Custody, appealing to institutional investors.
- $S gains from direct fiat onramps on Coinbase, increasing accessibility for retail users.
- Coinbase listing opens doors for Sonic in terms of wallet providers, custodians, and institutional service firms.
- The partnership with Coinbase positions Sonic for mainstream adoption and exposure.
- Sonic's inclusion in Coinbase's roadmap enhances its credibility and visibility in the crypto space.
- The move signifies potential for Sonic as a next-generation blockchain platform.
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NullTX
4w
187
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Virtuals Ecosystem Update: AI Agent Market Dips to $9.14B Amid Rising Volatility
- The AI agent industry experienced a downturn with the market cap dropping by 10.97% to $9.14 billion amidst increased volatility in the Virtuals ecosystem.
- The broader market correction affected tech-driven areas like blockchain-based AI projects.
- The vulnerability of the AI agent economy to macro conditions and investor sentiment was highlighted by the significant decline.
- Virtuals' native $VIRTUAL token fell by 10.95%, but it still remains a dominant player in the space with a market cap of 1.21 billion dollars and 46.18% mindshare.
- The Virtuals ecosystem's total valuation declined by 7.79% to $2.31 billion, while the mindshare increased by 1.02%.
- Despite the price drop, Virtuals continues to be seen as a fundamental platform in the AI agent economy, reflected in its growing mindshare.
- The project's strong community and ecosystem growth are evident, with mindshare serving as an indicator of resilience and potential recovery.
- Virtuals provides developers with tools like decentralized AI agents and customizable virtual assistants, enhancing its attractiveness in the market.
- The recent price correction is seen as a short-term dip by analysts, with Virtuals poised for potential rebound in the evolving AI agent landscape.
- Virtuals remains a key entity in the AI agent economy and offers infrastructure, community, and tools beyond token speculation.
- The ongoing developments in the Virtuals ecosystem indicate resilience and increased influence, despite short-term challenges.
- Users are encouraged to participate in expanding the ecosystem, with a referral system in place to bring in new participants.
- The current dip is viewed as a normal market correction rather than a long-term setback, highlighting Virtuals' potential for sustained growth.
- Analysts recommend caution and research before engaging in cryptocurrency trading or investments.
- Follow @nulltxnews on Twitter for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.
- The Virtuals ecosystem is navigating the downturn with indications of resilience and long-term growth prospects.
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Coindoo
4w
263
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Santiment Reveals the Bitcoin Indicator That Outsmarts Support and Resistance
- Santiment recently tracked Bitcoin price predictions across social platforms like X, Reddit, Telegram, and others.
- Retail calls were categorized based on sentiment into ranges of $30K–$70K and $120K–$160K.
- Bitcoin has not traded below $70,000 or exceeded its record high of $112,000 in the past three months.
- Retail discussions often showed extremes of panic-selling or euphoric targets.
- Santiment data suggests that sentiment swings can offer reliable counter-trading opportunities.
- For instance, a significant shift in sentiment was observed between June 4 and June 6 when Bitcoin dropped to $101,000.
- This shift led to a swift recovery as whales began accumulating amidst retail panic.
- Santiment indicates that current retail sentiment appears mixed, potentially offering contrarian opportunities.
- The firm emphasizes the effectiveness of counter-trading based on observing emotional tides of retail traders alongside price charts.
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NullTX
4w
192
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U.S.-Based Stablecoins Surge 104% in a Year, Signaling Shift in Global Market Dynamics
- The U.S.-based stablecoin market, led by USD Coin (USDC) and PayPal USD (PYUSD), has surged by 104% in the last year to a total market value of $67.5 billion, indicating a shift in global market dynamics.
- While offshore stablecoins such as Tether (USDT), USDe, DAI, and USDS still dominate, U.S.-based stablecoins have shown rapid growth in supply, outpacing their offshore counterparts.
- The growth of U.S.-based stablecoins is attributed to regulatory clarity and increasing institutional confidence in the digital assets space, with U.S. issuers adhering to evolving legal and compliance requirements.
- Stablecoins like USDC and PYUSD have gained popularity among organizations, fintechs, and DeFi applications due to their oversight and trustworthiness in the evolving regulatory landscape.
- Despite offshore stablecoins' current dominance, U.S.-based stablecoins are experiencing accelerated supply growth, indicating a potential shift in the global stablecoin market in the future.
- Regulatory developments in the U.S., including potential legislation on stablecoin reserves and issuance practices, could further drive capital inflow into U.S.-issued stablecoins.
- The U.S. stablecoin market's growth, fueled by regulatory clarity and institutional demand, positions American stablecoins to potentially lead the next phase of the digital currency evolution, challenging the current dominance of non-U.S. stablecoins.
- While Tether remains the largest stablecoin by market cap and trading volume globally, the gap between offshore stablecoins and U.S.-based stablecoins is narrowing as the latter grow at a faster rate.
- The evolving regulatory landscape and market dynamics suggest that U.S.-based stablecoins could become significant players in the digital currency ecosystem, rivaling and potentially surpassing non-U.S. stablecoins in the future.
- The emergence of U.S.-based stablecoins signals a pivotal moment in the stablecoin market, reshaping the global payments landscape and highlighting the increasing importance of compliance and regulatory oversight in the digital asset space.
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NullTX
4w
84
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Hyperliquid EVM Surges to $1.7 Billion TVL with 337% Year-to-Date Growth
- Hyperliquid EVM has seen an exceptional growth in its total value locked (TVL) to $1.7 billion, marking a 337% year-to-date increase from $400 million.
- The surge in Hyperliquid's TVL highlights the market's demand for innovative DeFi infrastructure attracting developers and users alike.
- Projects within the Hyperliquid ecosystem leverage programmable finance primitives for development of new financial products and services, driving adoption.
- Hyperliquid's modular code architecture enables protocols to route trades through Hypercore orderbooks, fostering innovation in DeFi building blocks.
- Key protocols like Pvptrade and Axiom Exchange utilize Hyperliquid's flexible infrastructure to offer innovative trading experiences.
- The auction mechanism of HIP3 allows builders to create bespoke markets with configurable fees, attracting projects like Hyperunit and Ethena Labs.
- Hyperliquid's cross-layer composability between Hypercore and Hyperliquid EVM enables seamless transactions, leading to new financial architectures.
- Protocols like Hyperlendx and Felix Protocol demonstrate the power of composability in offering liquid perpetual positions and stablecoin borrowing against Hypercore positions.
- Hyperliquid's integration of builder codes, HIP3 auctions, and composability paves the way for a fully integrated and efficient financial ecosystem.
- The rise of Hyperliquid EVM signifies a significant milestone for decentralized finance, moving toward programmable, permissionless, and composable financial services.
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Coindoo
4w
357
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Undervalued Coins With Bitcoin’s Blueprint That Retail Investors Can’t Stop Buying This Year
- Retail investors are increasingly investing in undervalued altcoins like Ethereum, Hyperliquid, XRP, and a rapidly growing presale altcoin, FloppyPepe (FPPE), which offer potential for significant gains.
- FloppyPepe (FPPE) is gaining momentum in its presale stage, offering an 80% token bonus and referral rewards for investors.
- Retail investors are focusing on early-stage altcoins with the potential to follow Bitcoin's price trajectory for long-term profitability.
- FloppyPepe (FPPE) aims to lead the AI-driven meme sector and is backed by strong tokenomics, internet branding, and long-term growth plans.
- Investors can benefit from an 80% token bonus using the code FLOPPY80 in FloppyPepe's presale, providing an opportunity for increased coin holdings.
- Bitcoin's bullish trend is influencing retail investors towards altcoins, with Ethereum, Hyperliquid, and XRP also attracting attention.
- Ethereum's price is holding steady against resistance levels, while Hyperliquid and XRP are showcasing potential for significant growth.
- FloppyPepe's (FPPE) presale has raised nearly $2.5 million, with retail investors showing strong interest in the unique features and potential high ROI of the coin.
- FloppyPepe (FPPE) offers utility through meme farming, staking, and charitable contributions, positioning itself for sustainable momentum in the market.
- Retail investors are urged to conduct their research before engaging in cryptocurrency-related actions, with FloppyPepe (FPPE) presented as a high-potential investment opportunity.
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Coindoo
4w
107
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Shiba Inu Whale Activity Surges: Could a Major Rally Be Ahead?
- Large transactions, or whale activity, in the cryptocurrency market have historically signaled key turning points.
- Whale transactions on Bitcoin in December 2017 coincided with its price peak near $20,000, indicating market shifts.
- Whale activity in crypto can signify both profit-taking and accumulation during price dips, providing market signals.
- In May 2021, following a significant Bitcoin crash, whale buying increased, leading to a market rebound.
- Shiba Inu is currently experiencing a surge in whale activity, with 527 whale transactions recorded on June 5, 2025.
- This spike in whale transactions for SHIB is the highest level recorded in five months, coinciding with a 10% increase in market value.
- Analysts suggest that this increase in whale activity for SHIB could mark the beginning of a sustained rally for the meme coin.
- Despite being overshadowed by other cryptocurrencies, such as Dogecoin, the spike in large investor interest in SHIB hints at renewed momentum.
- Santiment's report indicates that with rising SHIB prices and increased whale activity, a continuation of the uptrend is possible.
- Investors are cautioned that while whale transactions provide valuable signals, they do not guarantee price directions and should be monitored closely.
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NullTX
4w
98
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AERODROME FINANCE PRICE ANALYSIS & PREDICTION (June 14) – Aero Sustains Recovery, Will it Last Amid Latest Drops?
- Aero cryptocurrency has shown resilience by sustaining recovery despite ongoing market changes.
- Following a new bullish formation, Aero appears strong and ready for a potential rally.
- Altcoins like Aero regained strength last week after a correctional phase influenced by Bitcoin's bounce.
- Recent market fluctuations, influenced by Bitcoin drops, have caused a decrease in Aero's price.
- Despite the market downturn, Aero continues to post gains and displays signs of bullishness.
- Aero's current strength is visible on the daily chart, showcasing a higher high and higher low pattern.
- Analysts predict a significant price increase if Aero maintains its bullish momentum.
- Failure to move higher could result in a potential breakdown to yearly lows for Aero.
- Key resistance levels for Aero are at $0.8, $1, and $1.5, while key support levels include $0.56, $0.47, and $0.375.
- The spot price of Aero stands at $0.68 with a bullish trend and high volatility.
- Investment disclaimer: This information does not constitute trading or investment advice. Conduct thorough research before investing in cryptocurrencies or related services.
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Coindoo
4w
192
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Spot Solana ETF Race Heats Up as Fidelity, VanEck, and Others File Updated S-1s
- Several firms including Franklin Templeton, Galaxy Digital, VanEck and Grayscale filed updated S-1s for spot Solana ETF proposals, with Grayscale disclosing a fee structure of 2.5%.
- Fidelity made a significant move by submitting its first S-1 filing for a spot Solana exchange-traded product, showing growing interest in Solana-based funds.
- Analysts suggest the increased activity hints at growing confidence in the SEC potentially approving altcoin-based ETFs beyond Bitcoin and Ethereum.
- The SEC has not yet approved any spot ETF linked to an altcoin, but the recent surge suggests rising institutional interest in crypto investment products.
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Coindoo
4w
303
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Hoskinson Proposes $100M ADA Conversion to Boost Cardano DeFi and Stablecoin Ecosystem
- Charles Hoskinson proposes converting $100 million worth of ADA into stablecoins like USDM and USDA, as well as Bitcoin, to boost Cardano's DeFi and stablecoin ecosystem.
- Hoskinson aims to increase Cardano's stablecoin-to-TVL ratio from 10% to between 30% and 40% to stimulate growth, criticizing the current ratio for hindering development.
- Cardano's total value locked (TVL) is $356 million, with only $31 million in minted stablecoins, showing underperformance compared to competitors like Solana with $9.8 billion TVL and $11 billion in minted stablecoins.
- Critics express concerns that selling $100 million ADA could affect the token's price, but Hoskinson assures responsible management to prevent market disruptions and dismisses skeptics' criticisms as unfounded.
- If approved, the conversion plan could signify a strategic shift for Cardano, enhancing its competitiveness in DeFi and stablecoin sectors.
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Coindoo
4w
160
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Fastest-Growing Cryptos of 2025: Why BlockDAG, ALGO, TIA & INJ Are Leading the Pack
- The article discusses the fastest-growing cryptos of 2025, namely BlockDAG, ALGO, TIA, and INJ, highlighting their unique qualities.
- BlockDAG is gaining attention for its user growth, mining activity, and real utility, surpassing $299.6 million raised with strong fundamentals and partnerships.
- TIA is attracting interest for its modular ecosystem gains, technical setup, and potential price movements towards $4 to $5, driven by working apps and Hyperlane integration.
- Algorand is quietly expanding with developments like AlgoKit 3.0, partnerships in digital ID, and steady technical improvements, trading at around $0.2066.
- INJ is making waves with its price momentum, on-chain volume increase, and support from big names like Google Cloud and BitGo, trading near $13.54.
- Overall, these cryptos are showing growth through real development, user base expansion, ecosystem enhancements, and strong community support.
- BlockDAG stands out for its impressive user numbers, presale success, and engagement strategies, making a strong case as the fastest-growing crypto of 2025.
- The article is sponsored, and readers are advised to conduct their research before engaging in any cryptocurrency-related activities.
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Coindoo
4w
236
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Ethereum Foundation Donates $500K to Tornado Cash Co-Founder Roman Storm’s Legal Defense
- The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm's legal defense.
- The foundation also committed to matching up to an additional $750,000 in community donations.
- Storm is striving to raise $2 million for his trial scheduled to commence on July 14 in New York.
- He is facing charges related to money laundering conspiracy and violating U.S. sanctions laws associated with the Tornado Cash protocol.
- The protocol allegedly facilitated illicit transactions, including those tied to North Korea’s Lazarus Group.
- Storm contends that Tornado Cash was developed to protect financial privacy, not for illegal activities.
- His legal defense has garnered attention within the crypto community as a test for open-source developers' rights.
- The Ethereum Foundation's donation reflects growing institutional worry about legal actions against blockchain developers and privacy tools.
- The aim of the foundation's contribution and matching fund is to rally broader support from the crypto ecosystem with the impending trial.
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Cryptoticker
4w
402
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Stellar Holders Beware: This Chart Signals Trouble
- Stellar (XLM) is trading around $0.260, just above a key support zone, following rejection from the 50-day moving average.
- XLM price on the daily chart shows a slow decline, nearing key demand levels, signaling weakened sentiment on the hourly chart.
- The daily Heikin Ashi chart displays a bearish trend since mid-May, with XLM struggling below key SMAs and Fibonacci extension levels suggesting a possible drop to $0.22.
- Hourly chart indicates a recent sharp fall with consolidation around $0.259–$0.260, while SMAs act as resistance around $0.265, pointing to potential further decline to $0.254.
- Reversal hope depends on closing above $0.271, targeting $0.30; failure may lead XLM price towards $0.24 and $0.22 levels with buyers defending at lower prices.
- Risk-reward analysis suggests buying at $0.260 with a stop loss at $0.24, targeting $0.30, with a 2:1 risk/reward ratio pending bullish momentum confirmation.
- Bears could drive XLM towards $0.22 by June end if Bitcoin pressure continues, while positive sentiment may help reclaim $0.27 and target $0.30 with no major bullish signals yet confirmed.
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