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Solana slips below $160 after DeFi Development Corp halts $1 billion fundraising plan for Solana purchase, but ETF optimism fuels a bullish long-term outlook.
Dogecoin price slipped over 7%, falling below $0.19, as broader crypto markets reacted to fresh selling pressure following the US CPI data release on June 11.
Pi Network’s price has defended the $0.60 support level despite strong selling pressure, with the MACD indicator signaling an approaching bullish crossover.
NEAR Protocol surged in user activity, surpassing Ethereum and Binance Chain in growth. With 46 million monthly active users in May 2025, it ranks as the second Layer 1 platform. Coinglass reported a 14.14% volume rise to $495.52M, showing strong investor confidence.
Mechanism Capital’s Andrew Kang warns that ETH treasury strategy firms may underperform like ETH ETFs, which failed to meet high demand expectations He predicts many will trade at significant net asset value (NAV) discounts by 2026 due to low adoption Despite a recent $281 million ETF inflow, Kang believes most ETH investment products won’t perform
Bitcoin is consolidating near $107K after facing resistance at the $110K level. Long-term models like PlanB’s S2F continue to predict a major bull run ahead. Analysts see the $106K level as critical short-term support for the uptrend.
Fartcoin dominates Pump.fun with $62.42M in 24-hour volume and more than 49K transactions. RICO ranks second with $10.76M in volume and over 57K transactions, showing strong growth. Meme coins like LABUBU and VOID rise due to strong community support and increasing interest.
Stablecoin market cap has hit an all-time high of $228 billion, marking a 17% rise in 2025 alone. Major institutions like Societe Generale and US Bancorp are entering or reviving stablecoin operations. Interest in stablecoins among Fortune 500 and SMBs has more than tripled, as per a Coinbase report.
EGRAG CRYPTO has predicted that XRP price may soar up to $27 amid broader market volatility.
- 06:11Jupiter co-founder Meow addresses community concerns over "200,000 unissued JUP tokens": Personal and other co-founders' funds are locked until 2030According to Jinse Finance, Jupiter co-founder meow posted on X, stating: "99.99% of my personal net worth, my life's work, and inheritance are all in JUP. My personal funds, like those of the other founders, are locked and will not be liquid until 2030. However, over the past year, I made a very, very serious mistake—trying to reassure the community and make everyone happy. Despite implementing various lockups and burn operations to demonstrate responsibility, the harsh reality is that no one cares about everything Jupiter has done. Instead, attention has multiplied on the 200,000 JUP budget that has yet to be distributed. Even so, the focus of the coming months will still be on strengthening the product, and only after that will discussions be held with the DAO and the community. At this point, no promises can be made."
- 06:01WORLD3 Releases Video Showcasing "Persistent Expert Agent" for Full Web3 AutomationAccording to ChainCatcher, the Web3-native AI agent platform WORLD3 has released a 4-minute demo video on X, showcasing how its "persistent expert agents" enable end-to-end Web3 automation from ideation to launch. In the video, AI agents collaborate to complete tasks such as whitepaper drafting, code generation, website deployment, and social media promotion. They also allow beginners to deploy game mining agents with one click and enable professional investors to execute cross-chain asset management strategies. These agents are built on the cloud-native WORLD VM architecture, supporting complex on-chain tasks 24/7.
- 05:47Gamestop CEO Ryan Cohen Unfollows Numerous Bitcoin-Related AccountsOn August 9, it was reported that Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin-related accounts on the X platform, drawing attention on social media. Gamestop currently holds 4,710 Bitcoins worth approximately $550 million, which is only one-third of the amount the company had planned to purchase since April. Despite this, Cohen's investment approach is seen as lacking enthusiasm and has even been criticized as "worthless" and "not supportive of Bitcoin." Additionally, Cohen has been nicknamed "Rugpull Ryan" to highlight the fact that the company's stock price has dropped 80% from its all-time high. Although Gamestop raised $1.48 billion through a bond sale in April, claiming it would be used to purchase Bitcoin and for company operations, Cohen has only used about one-third of these funds to buy Bitcoin.