Author: News Room

The Official Trump (TRUMP) token is now the worst-performing cryptocurrency among the top 100 by market capitalization, as an increasingly bitter public feud between US President Donald Trump and tech billionaire Elon Musk spills over into crypto markets. According to data retrieved by Finbold research from CoinMarketCap, TRUMP’s market cap plummeted from $2.168 billion to $1.935 billion over the past 24 hours, erasing $233 million in value. At the time of writing, TRUMP is trading at $9.66, down 10.74% on the day and 15.58% over the past week. The sell-off comes amid a dramatic surge in trading activity. 24-hour volume…

Ethereum has maintained a central role in the development and execution of smart contracts since its launch. However, sudden innovation across competing blockchain platforms and Layer-2 (L2) solutions is beginning to reshape the competitive landscape. With platforms like Solana and Avalanche introducing alternative models and L2 networks such as Arbitrum and Optimism scaling transaction capacity, Ethereum’s lead is no longer uncontested. These developments are raising questions about whether Ethereum can continue to dominate the smart contract network. Ethereum’s Smart Contracts Ethereum’s infrastructure allows developers to deploy smart contracts, self-executing programs that perform actions once coded conditions are met. These contracts…

Attention crypto enthusiasts! The digital asset landscape is constantly evolving, and staying ahead means keeping an eye on emerging opportunities. Binance, one of the world’s leading cryptocurrency exchanges, recently made an announcement that could pique the interest of those looking for early exposure: Binance Alpha adds AB to its platform. This news comes directly from Binance’s official channels, highlighting a specific project, referred to simply as ‘AB’, being featured on Binance Alpha. But what exactly is Binance Alpha, and why is this development significant for users navigating the world of early crypto projects? Exploring Binance Alpha: A Gateway to Early…

The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower. 1. Profit taking Bitcoin (BTC) and most altcoins pulled back due to profit-taking among investors after the recent rally. BTC had climbed roughly 50% from its April low to its May high. Similarly, Ethereum jumped 100% from its April lows to the highest point in May. Many smaller coins, including Dogwifhat and Fartcoin, were up over 300%. It…

HBAR has recently experienced a decline in price, as traders’ optimism fades, marking a shift towards bearish sentiment.  This downward trend, combined with fading bullish signals, suggests that the altcoin may be heading for a more prolonged period of price declines. HBAR Traders Are Uncertain In the past 10 days, HBAR’s funding rate has seen two shifts from positive to negative, the first occurrence in a month. This change in sentiment signals that traders are adjusting their positions, favoring short positions over long ones. The increasing dominance of shorts indicates that market participants are betting on a further price drop.…

Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.  In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools. The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (STX) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (USDC) and USDt (USDT), and 2.8 Wrapped Bitcoin (WBTC). The incident is one of the largest exploits in the Stacks ecosystem to date.In response…

At 8 a.m. Eastern time, bitcoin is trading at $104,881 to $105,266 over the past hour, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $24.93 billion. The 24-hour intraday price range spanned from $103,655 to $105,213, reflecting a tightly wound consolidation phase ahead of a potential breakout. Bitcoin The daily […] Read the full article here

June 7th, 2025 – HongKong, HongKong On June 7, MEET48 officially announced the launch of its IDOL airdrop program. The IDOL Airdrop Eligibility Check Page is scheduled to officially launch at 3:00 UTC on June 9, 2025, marking a critical step forward in MEET48’s journey into the new era of Web3 entertainment. The eligibility snapshot for this airdrop was completed at 16:00 UTC on May 21, covering users who have interacted with the MEET48 ecosystem, partner communities, special contributors, active users of Mars Protocol, creators, the top 3 winners of The Mars Audition for Best3 AI-MEME, and holders of MEET48…

A graphical error on TradingView caused Bitcoin to temporarily wick to zero on MEXC. This caused a social media uproar, but the glitch was not visible on MEXC’s own platform. Nonetheless, MEXC’s trading volume spiked over 51% in the last 24 hours. Unverified rumors can take off like wildfire if not addressed, potentially leading to token dumps and market chaos. A Bitcoin Error on MEXC MEXC, a Seychelles-based centralized exchange, has been focusing on new upgrades this year. After outpacing competitors with meme coin listings in 2024, it announced today that it’s shifting from quantity to quality. However, this was…

Amid the escalating feud between Elon Musk and President Donald Trump, influential XRP community voices are speculating about what could happen next and how it might benefit XRP. In a tweet, Joshua Dalton, founder of TRIBLU, argued that Elon Musk may adopt XRP as the cornerstone of X’s upcoming payment ecosystem, X Money. Dalton even claimed that Musk “will do anything” to position XRP as the chosen currency on the platform. He suggested this move could unfold as the Trump family’s crypto venture, World Liberty Financial, which has invested heavily in BTC, faces potential collapse. The post directly tags Ripple,…