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GameStop Corp (NYSE: GME), once a Wall Street darling during the 2021 meme-stock frenzy, is facing intense selling pressure this week, even as it accelerates its Bitcoin buying strategy. On June 11, GME stock dropped by 5.27% during regular trading hours and slumped an additional 11% in after-hours trading, falling to $25.34. The sharp correction…
Hamster Kombat (HMSTR), once hailed as a viral GameFi phenomenon, is now grappling with a sharp market correction. As of Friday, HMSTR is trading at $0.00107, marking a steep 27% drop in the past 24 hours. The token has shed approximately $25 million in market capitalization, now standing at around $69 million, according to CoinMarketCap….
Ethereum (ETH) is showing signs of vulnerability as the Market Value to Realized Value (MVRV) ratio sends a sell signal, suggesting short-term holders are sitting on significant unrealized gains. With Ethereum currently trading around $2,739, concerns are mounting over a potential correction below the $2,410 support level. According to on-chain data, the 60-day MVRV ratio…
Dogecoin [DOGE] saw a modest 2.97% daily gain as it rebounded from the $0.1727 support level and climbed to $0.1992 at press time. The recovery coincided with a surprising political twist—Elon Musk’s viral apology to Donald Trump. While the moment stirred social media buzz, it failed to ignite the kind of retail frenzy that has…
In a striking forecast made at the XRP Ledger Apex 2025 conference in Singapore, Ripple CEO Brad Garlinghouse declared that the XRP Ledger (XRPL) could seize up to 14% of SWIFT’s global liquidity within the next five years. Garlinghouse’s comments underscore Ripple’s growing ambition to disrupt traditional finance by revolutionizing cross-border payments through blockchain-powered liquidity…
Solana (SOL) is enjoying renewed bullish momentum after a 17% price surge over the past six days, trading at $166 as of June 11. The rally comes amid growing investor interest, robust on-chain activity, and increasing speculation surrounding a potential spot Solana ETF approval. According to CoinMarketCap, SOL’s 24-hour trading volume has jumped by 40%,…
Ethereum [ETH] has hit a significant staking milestone, with 34.8 million ETH now staked, representing nearly 30% of the circulating supply. This surpasses the previous all-time high set in November 2024, signaling growing confidence among long-term holders. The timing is also noteworthy, as market anticipation for spot Ethereum staking ETFs continues to build, potentially catalyzing…
Avalanche [AVAX] is making waves in the crypto space again, with network activity surging dramatically. Daily transactions have soared by an impressive 275% since early May, now averaging 759,000 per day. At the same time, monthly active addresses crossed 2.2 million, underscoring renewed ecosystem interest driven by subnet expansion, DeFi momentum, and Web3 gaming integrations….
Cardano founder Charles Hoskinson unveiled a bold proposal aimed at strengthening the Cardano ecosystem’s stablecoin liquidity. Responding to a user’s request for more stablecoin options, Hoskinson floated the idea of converting $100 million worth of ADA—around 100 million tokens—from the network’s treasury into USDM, Cardano’s fiat-backed stablecoin. The Cardano treasury currently holds approximately 1.7 billion…
Shiba Inu (SHIB) is back in the spotlight—not just for price action, but for its surging community strength. While the charts may look uncertain, sentiment on the ground tells a different story. Over 1.5 million wallets now hold SHIB, according to the project’s marketing lead, Lucie, who shared that 1,511,101 wallets have joined the Shiba…