Author: News Room
Elon Musk and Donald Trump are finally falling out in the open, directing digs at each other over social media. A series of Musk-themed meme coins have risen in the event’s wake, but DOGE is down over 9%. These are two of the most powerful men in the world, and each is a titanic figure in the crypto industry. This split could have broad ramifications for the entire ecosystem, especially meme coins. Trump And Musk’s Friendship Rupture Elon Musk has been a partner of Donald Trump’s crypto enterprises for several months now, but it looks like the pair’s relationship is…
Bitcoin exchange-traded funds (ETFs) overseen by institutional investors shrank in early 2025, marking the first quarterly drop since US spot ETFs launched. According to a recent CoinShares report, institutional investors’ exposure to Bitcoin (BTC) dropped to $21.2 billion in Q1 2025 from $27.4 billion in Q4 2024, representing a 23% decrease over the period. The report, based on companies’ filings with the US Securities and Exchange Commission (SEC), attributed much of the decline to an 11% quarter-over-quarter drop in Bitcoin’s price, rather than a reduction in position sizes. Still, many investors trimmed their holdings, signaling a mix of valuation impact…
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […] Read the full article here
Peter Schiff is back — and he is calling a top on Bitcoin (BTC), again. So, earlier today, Schiff took to social media to celebrate a strong rally in precious metals. Gold broke above $3,400 and silver is trading near $36 — a level not seen since 2012 — and platinum jumped 4%. But buried in his comments was something more pointed: he flagged Bitcoin treasury shifts by gold companies as a potential top signal for crypto. In his reply to a user mentioning that a gold mining firm, Bluebird, was reportedly shifting some of its treasury to the cryptocurrency,…
Coinbase, one of the biggest crypto exchanges in the U.S., has announced plans to list PancakeSwap’s native token, CAKE. This is a game-changer for PancakeSwap, giving it a major boost in visibility and helping it take a step forward in decentralized finance. On June 4, Coinbase revealed plans to list PancakeSwap’s native token, CAKE, on its platform, a move that quickly caught the attention of the crypto community. Up to this point, CAKE had largely operated within the BNB Chain ecosystem, but the announcement marked a turning point, giving the token increased visibility and a greater sense of legitimacy, particularly…
Monero (XMR) continues to grow despite a coordinated campaign against privacy tokens and the previous delisting from major centralized exchanges. The price is currently holding above a crucial support level at $340 after declining from a monthly high of $420. Amidst the fast-growing interest in tokens centred on full decentralization and anonymity, Monero has emerged as one of the most preferred and resilient of all. Created in 2014 as a fork of Bytecoin, Monero (XMR) exists as one of the oldest and most popular privacy coins. The asset combines new technologies to deliver a high level of confidentiality. Looking into…
Ethereum price has moved sideways after its strong surge in the first half of May, but several bullish patterns and growing Wall Street demand point to a potential comeback. Ethereum (ETH) was trading at $2,630 on Thursday, within a range that has held for over a month. This price is approximately 90% above its lowest point this year. Data shows that Wall Street investors are buying spot Ethereum ETFs. They had inflows of $56.9 million on Wednesday, the 13th day of consecutive gains. These funds have also had inflows in the last three consecutive months. Ethereum continues to show strong…
Major crypto trading platform Bitget, headquartered in Hong Kong, has announced that it has rolled out new pairs with the Ripple USD (RLUSD) stablecoin after adding support for this recently launched Ripple product approximately a week ago. As reported by U.Today, the initial listing of the new dollar-pegged stablecoin took place on May 29. On that day, the platform launched the following trading pairs based on Ripple’s new product: RLUSD/USDT and RLUSD/USDC — Ripple’s stablecoin versus those minted by Tether and Circle. Now, Bitget has announced that new pairs have gone live for traders: BTC/RLUSD, ETH/RLUSD and XRP/RLUSD. #Bitget has…
The PancakeSwap price today is holding steady near $2.48 after reclaiming key levels earlier in the week. On June 5, CAKE posted a mild gain of 0.60% and closed the session at $2.4830. The recovery comes after multiple failed breakout attempts in late May. Now, with the price structure climbing toward the upper boundary of its consolidation channel, traders are watching closely for signs of continuation or rejection. What’s Happening With PancakeSwap’s Price? CAKEUSD price dynamics (Source: TradingView) The current PancakeSwap price structure is pressing against a confluence of resistance levels near the 0.618 Fibonacci retracement zone on the weekly…
Elon Musk and President Donald Trump are no longer besties. Everyone knew the brofest between the Richest Man in the World and the Most Powerful Man in the World was never going to end well. And that makes it all the more awe-inspiring when it finally ends—not with a bang, but with a fusillade of nasty shitposts. So pull up your chair, and enjoy the antics of America’s Finest. Most of us can remember the lovely sendoff President Trump gave the celebrated sperm donor Elon Musk (cue Green Day) on May 30: “It’s not the end of DOGE, but the…