The United States Securities and Exchange Commission (SEC) and Ripple Labs filed another motion to U.S. District Court Judge Analisa Toress requesting the dissolution of the existing injunction. According to the court filing dated June 12, 2025, both parties requested the court to order a release of the $125 million penalty from the escrow. The …
Cardano’s ADA has joined the Nasdaq Crypto Index, moving from the sidelines into the institutional spotlight. According to Nasdaq filings, this shift brings ADA alongside Bitcoin and Ethereum in one of the main benchmarks watched by big investors. It’s a sign that regulators and asset managers see Cardano as more than just another blockchain token. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Index Broadens To Nine Assets Based on reports from TapTools and Nasdaq’s Form 8-K, the index grew from five to nine assets. It now lists Bitcoin, Ethereum, Litecoin, Chainlink, Uniswap, and adds Cardano (ADA), Solana (SOL), Ripple (XRP), and Stellar (XLM). The change gives these newcomers a seat at the table. It also means more options for funds that track this benchmark. Cardano $ADA has officially been added to the Nasdaq Crypto Index, joining BTC and ETH in one of the industry’s top institutional benchmarks. It’s not just recognition— It’s infrastructure-level validation. Full breakdown ????https://t.co/n6nW3aK8rt pic.twitter.com/KuyDXy4cem — TapTools (@TapTools) June 10, 2025 Impact On Weighting Of Bitcoin And Ethereum Previously, Bitcoin made up 85% of the index and Ethereum held 10%. With ADA and the other three in play, Bitcoin’s share falls to 75% and Ethereum’s to 11%. This shift lets portfolio managers spread risk across a broader set of tokens. It also lowers the concentration in the two biggest names in crypto. SEC approves NASDAQ Index that includes ADA Cardano pic.twitter.com/p7Rj5RVGQd — Cardano Feed ($ADA) (@CardanoFeed) June 11, 2025 ETF Holdings Await SEC Signoff Even though the index itself now includes all 9 assets, the US-listed Hashdex Nasdaq Crypto Index ETF still holds only Bitcoin and Ethereum. That won’t change until the SEC signs off on updates to the ETF’s rulebook. Based on the current timeline, that approval is expected in early 2026. Until then, US investors can track the wider index on paper, but their ETF shares will stick with the original two coins. Related Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump-Backed Stablecoin Cardano Gains Institutional Spotlight For Cardano, this is more than a trophy. It means added liquidity, better price support, and a clearer path into institutional portfolios. More cash in and out of ADA markets could narrow trading spreads and smooth out big swings. Trading platforms, custody services, and exchanges will feel the impact too. They’ll need to meet the index’s criteria—steady volume, regulated venues, and institutional-grade storage. Those checkpoints help keep major players comfortable when they decide to buy or sell ADA at scale. Overall, bringing ADA into this benchmark shows that big finance is watching Cardano more closely than before. Yet the final step—actual ETF inclusion in the US—still lies with regulators. Featured image from Unsplash, chart from TradingView
While the major tokens are struggling to shed the accumulated selling pressure, Hyperliquid attracts a significant buying volume. As a result, the token breaks all barriers and barges to form a new ATH above $44. However, the token is facing a small retracement at the moment, but the price remains above the pivotal support, suggesting …
DeFi Development Corp. hit a major roadblock this week when the US Securities and Exchange Commission blocked its $1 billion registration filing. The move came after regulators found that the company’s Form S-3 lacked a key internal controls report tied to its 10-K. As a result, DeFi Development—formerly known as Janover—pulled the filing and said it will fix the paperwork before trying again. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Missing Controls Report According to the SEC, the registration was ineligible because it did not include the required internal controls over financial reporting. That report is a must for any firm raising capital through public offerings. Without it, the commission won’t even consider your request. DeFi Development filed in late April 2025 but overlooked this step, a basic requirement in US securities law. DeFi Development (formerly Janover) has withdrawn its $1 billion Form S-3 registration after the SEC deemed it ineligible due to missing a required internal controls report in its Form 10-K. No securities were issued, and part of the proceeds had been intended for purchasing… — Wu Blockchain (@WuBlockchain) June 11, 2025 Plan To Buy Solana Based on reports, the company aimed to use the funds to buy Solana tokens. Solana ranks as the sixth-largest cryptocurrency by market cap. The filing showed some of the $1 billion would go toward staking rewards and token purchases. Staking can earn regular returns, but only if SOL holds or gains value. Putting such a large stake into one chain carries risks if market prices dip. Withdrawal And Next Steps DeFi Development confirmed that no securities were issued during this process. It said it plans to refile once the controls report is in place. A quick resubmission—perhaps within 30 or 45 days—would signal they were almost ready. Investors will watch whether the company brings in an experienced underwriter or auditor to prevent another slip. Related Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump-Backed Stablecoin Market Reaction Some traders had hoped the influx of a billion dollars in Solana tokens would boost the price. Now that the filing is on hold, those bets may stall. Markets often react when big purchases are delayed. Based on trading patterns, any sudden buy order of hundreds of millions in SOL could swing prices up or down. What Comes Next DeFi Development’s experience highlights that crypto firms must meet the same rules as any other public issuer. Skipping standard checks can derail even the boldest plans. The company’s next move will show how well it can balance its blockchain ambitions with straightforward regulatory steps. For now, the token-buy plan waits in limbo, and everyone from investors to developers will be watching the next filing. Featured image from Reuters, chart from TradingView
Bitcoin’s new all-time high is both a milestone and potential signal: the next phase may belong to the broader crypto asset universe.
The U.S. Securities and Exchange Commission (SEC) has halted DeFi Development Corp’s $1 billion registration filing, which aimed to fund a large-scale investment in Solana. Solana was selected due to its position as the sixth-largest cryptocurrency by market cap and its growing relevance in the DeFi ecosystem. The move comes after the SEC flagged the …
As the crypto market evolves and Bitcoin’s dominance continues to fluctuate, investors are increasingly looking towards altcoins for higher returns. With the 2024 Bitcoin halving now behind us and a renewed bullish sentiment in the air, 2025 presents a prime opportunity to explore promising altcoins. Below mentioned are the altcoins in each sector that could …
Big news for XRP holders — Nasdaq-listed VivoPower International has announced plans to deploy $100 million worth of XRP tokens through the Flare blockchain. The company will use this investment to generate yield, allowing them to earn passive income from their holdings. This move makes VivoPower one of the first public companies to adopt XRP …
Stellar price (XLM) is up 10% this week from the $0.260 support zone and nearly 2% up intraday, as Nasdaq confirms to add XLM along with other assets in the benchmark index via a new SEC filing this week, where its decision is pending by the year-end. Amid an optimistic crypto sector, the recent news …
The price of XRP is showing signs of a bullish recovery, with analysts watching levels for an upside breakout. After forming a low around April 7th, XRP has been gradually working through a corrective phase, and recent price action hints a rebound may be in play. Current Market Structure On the daily time frame, XRP …
Andrei Grachev, a top executive at DWF Labs, has challenged the core developers at Near Protocol (NEAR) to reduce the token’s inflation from 5 percent to 2.5 percent. In an X post on Wednesday, Grachev requested the core developers at Near Protocol to consider theThe move to boost the long term prospects of the project. …
Coinbase Global Inc. (NASDAQ: COIN) announced plans to list Fartcoin (FARTCOIN), a fast-growing Solana (SOL)-based memecoin. The cryptocurrency exchange announced that trading of FARTCOIN will commence on Thursday, June 12, 9AM PT, if the set liquidity conditions are met. Coinbase highlighted that the trading of FARTCOIN against the U.S. dollar will be rolled out in …
Bitcoin’s recent price surge hasn’t stopped warnings of a steep drop. After rising 1.87% in 24 hours and 3.61% over the past week, Bitcoin trades near $109,192. According to Peter Brandt, a veteran trader, these gains could be setting up the biggest crash in years. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Crash Scenario Outlined According to Brandt’s analysis, Bitcoin could plunge by as much as 75%. If that happens, today’s $109,800 price would fall to roughly $27,290. That level takes us back to the lows of early 2023. It would wipe out a huge chunk of value, reversing more than two years of gains. Few investors have models ready for such a steep slide. Historical Parallels With 2022 Based on reports, Brandt sees a replay of the 2022 chart. Back then, Bitcoin hit tops of $65K in April 2021 and $69K in November 2021. It then fell sharply into the bear market, losing more than half its value. Is Bitcoin $BTC following its 2022 script and setting up for a 75% correction? Doesn’t hurt to ask this, does it? pic.twitter.com/BAywkhSwgy — Peter Brandt (@PeterLBrandt) June 10, 2025 This time around, the world’s top crypto formed highs above $108,000 in December 2024 and January 2025, then dropped under $100,000. After recovering near $112,000 last month, BTC may be gearing up for a similar breakdown. Trigger Points To Watch Key technical markers are flashing red. The 9-period EMA has just crossed below the 21-period EMA on the daily chart. In past sell-offs, that crossover marked the start of big downtrends. Traders will want to see if Bitcoin closes below both EMAs for a week or more. A failure to reclaim the $108,000 level could be the final trigger before panic sets in. Market Reactions And Risks Derivatives data is mixed but leans bearish. Trading volume jumped almost 30% to $100 billion, while open interest rose 1%. On Binance and OKX, the long/short ratios sit at about 0.5501 and 0.53, showing more shorts than longs. When too many people bet on a drop, a squeeze can follow—if the crash doesn’t start soon. Still, the current crowding could backfire if Bitcoin holds above support. Related Reading: Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims Funds tied to Bitcoin have seen nearly $57 million in outflows over the past week. That may sound big, but it’s under 0.2% of the roughly $50 billion assets under management. By contrast, Ethereum products attracted $295 million. So while some money is leaving Bitcoin, it’s shifting around inside crypto rather than fleeing entirely. For now, Bitcoin sits at a crossroads. Will it break support and roll over toward the mid-$20,000s? Or will it shake off warnings and press higher? Either way, traders need to watch the $108,000 zone closely. According to Brandt, a 75% drop could catch unprepared investors off guard. Managing risk and keeping orders tight seems more critical now than ever. Featured image from Pixabay, chart from TradingView
The Pi Network is getting attention again. Social media buzz is rising fast, with Pi’s social dominance hitting 0.276%—its highest since May 21. That’s a big jump from this month’s low of just 0.09%. This growing interest comes just before “Pi Day 2” on June 28, which will wrap up events like the .pi domain …
Chainlink (LINK) has captured fresh investor interest as it has surged to the forefront of crypto development, recently surpassing Ethereum (ETH) in GitHub activity. This momentum coincides with Chainlink’s interoperability protocol, known as CCIP, successfully enabling a cross-border exchange between Hong Kong CBDC and an Australian dollar stablecoin swap. This happened successfully under Hong Kong’s …
Aura (AURA), a mostly overlooked Solana-based token, has stunned the crypto market with a jaw-dropping rally, skyrocketing over 3,500% in just 24 hours. The token’s price leapt from a mere $0.001 to $0.037, sending its market cap soaring to $34.4 million. Trading volume also exploded past $38 million, sparking major excitement among retail traders. Though …
The Pi Network is back in the spotlight after a massive whale move triggered renewed interest. The PI price currently stands at $0.6423, down 77.13% from its all-time high of $2.98, but recent on-chain activity hints at a potential turnaround. 200 Million PI Tokens Transferred — What Happened? A massive 200 million PI tokens were …
While most of the top cryptocurrencies, Bitcoin included, seemed to be staging a recovery and returning to the green, XRP price slipped into the red zone. It dropped to 2.28 when Ripple Labs has just announced a major partnership deal with Guggenheim Partners. With the sentiment in the markets seemingly improving, this unexpected sudden drop …
The ETF analysts at Bloomberg are out with their latest forecast for which class of Crypto spot ETF will get the nod, and it appears that Litecoin, Solana, and Baskets/Index funds are in the lead. According to James Seyffart, these three classes currently have a 90% likelihood of receiving FDA approval in 2025, according to their updated …
According to crypto entrepreneur Edoardo Farina, most individual XRP holders could find themselves shut out as inflation and tight budgets squeeze their options. He argues that owning more than 10,000 XRP – which costs about $23,100 at a price of $2.31 per token – has become a barrier for anyone living paycheck to paycheck. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Rich List Data Reveals Concentration Based on reports, there are about 6.55 million XRP wallet addresses in existence. Less than 4% of those wallets contain at least 10,000 XRP. A clear majority, over 5 million addresses, hold 500 XRP or fewer. That gap shows how stacked the system is. More than 166,250 wallets sit in the 10,000–25,000 XRP range. Another 159,566 wallets carry between 5,000 and 10,000 XRP. These figures point to a small group with deep pockets, while the rest trail far behind. Owning more than 10,000 $XRP nowadays is already a luxury few people can afford. — EDO FARINA ???? XRP (@edward_farina) June 9, 2025 Inflation Pressures Hit Small Holders Farina warns that rising inflation is forcing ordinary holders to sell just to cover daily needs. He notes, “We’re already seeing people around the world selling their XRP just to buy groceries.” When basic goods cost more each month, people feel they have no choice but to cash out their crypto. It’s a harsh reality. Owning large amounts of XRP has morphed from a luxury into a struggle for survival. Threshold Debate Heats Up He first said 95% of XRP holders risk being priced out. Now he’s raised that warning to 99%. That jump has sparked debate. Some worry it feeds a fear of missing out on a “10,000-XRP club,” while others see it as a wake-up call. Farina questions whether Bitcoin’s rally to about $112,000 really reflects growth, or simply the dollar losing its value. He frames the issue as a tug-of-war between crypto gains and fiat losses. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Calls For New Income Streams Instead of selling crypto, Farina urges holders to find extra income. He suggests side hustles or online work as ways to avoid cutting into holdings. “If you truly believe XRP has long-term value, selling it now for groceries is exactly what they want you to do,” he said. His advice pushes people to rethink how they earn and where they live. Crypto markets can move on legal news and product launches, not only inflation. Ripple’s ongoing court case and ETF filings could change XRP’s path. Still, Farina’s message taps into a broader concern: the gap between small and large holders may widen as prices climb. Retail investors can still join in. They just need to pace their buys and stay aware of both crypto trends and everyday costs. Featured image from Imagen, chart from TradingView
As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely watching for signs of the long-awaited altcoin season. In a recent analysis, a crypto market expert shared key insights on the best time to buy altcoins, offering strategic guidance for traders looking to position themselves ahead of the next potential market rally. When To Position For The Altcoin Season As the Bitcoin price continues its upward trajectory, the speculation about an impending altcoin season remains a recurring theme across crypto communities. However, a Bitcoin Dominance chart shared by ‘Stockmoney Lizards,’ a pseudonymous crypto analyst on X (formerly Twitter), challenges the narrative that an altcoin season is imminent. Related Reading: The Return Of Altcoin Season: Why Bitcoin Dominance Must Fall To 62% Drawing on personal experience and market cycles, Stockmoney Lizards explains that the repeated cries of “altcoin season is here” are often premature and misleading. The analyst revealed that the true altcoin season, the period where even the lowest-quality coins tend to skyrocket, is often the final phase of the crypto bull run. It begins when Bitcoin Dominance breaks below the 60% support level, signaling a market-wide shift into altcoins. Notably, the analyst has shed light on how and when to position ahead of the altcoin season. Instead of buying altcoins based on hype or assumptions of immediate gains, Stockmoney Lizards suggests a more disciplined strategy: accumulate only at extreme oversold levels. This is typically when the Relative Strength Index (RSI) on the 4-hour or daily time frame drops below 25-30, reflecting capitulation. According to the market expert, these moments offer the best entry points for short-term rebounds, where altcoins deliver explosive moves of about 50% to 200%. The analyst further highlights that the primary objective is to take profits and rotate them back into Bitcoin. This approach not only maximizes gains but also minimizes exposure to prolonged drawdowns that usually follow the euphoric phase of the market cycle. Bitcoin Dominance Influence On AltSeason According to Stockmoney Lizards, the current behaviour of BTC.D, trading firmly between a well-defined channel, indicates that the market is still in the early to mid-phase of a bull run. Typically, this phase is dominated by Bitcoin, not altcoins, and history shows that institutional capital prefers to build positions in the flagship cryptocurrency before moving to riskier lower-cap assets. Related Reading: Bitcoin Price At $200,000 And Ethereum At $10,000? Analyst Says Altcoin Season Is Coming Notably, Bitcoin’s rising dominance in the market is not seen by the analyst as a bearish signal for altcoins in the long term. Instead, it is perceived as a healthy sign of a maturing bull market. He disclosed that the real altcoin season doesn’t begin until BTC.D decisively breaks down from its channel and drops to historical lows. Until then, Bitcoin’s strength reflects institutional accumulation and market confidence. Stockmoney Lizards reveals that retail investors often misinterpret this as a signal to chase altcoins, only to be caught holding bags as BTC continues to outperform. The analyst concludes that the altcoin season breakout will eventually come, but only those who position smartly by letting Bitcoin lead and waiting for alts to reach oversold extremes will be best prepared to capitalize on the market rally. Featured image from iStock, chart from Tradingview.com
Uniswap (UNI) price surged over 21 percent in the last 24 hours to trade at about $8.27 on Tuesday, June 10, during the late North American session. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $8.24 billion, recorded a 400 percent surge in its daily average traded volume to about $1.16 billion …
The United States Securities and Exchange Commission (SEC) has requested prospective fund managers seeking to offer spot Solana (SOL) exchange-traded funds (ETFs) to amend their S-1 forms within the next week. According to people familiar with the matter, the U.S. SEC intends to make comments on the amended submission of the S-1 forms within the …
Avalanche ($AVAX) is one of the top altcoin under the radar of more institutional investors seeking to diversify crypto portfolios. The mid-cap altcoin, with a fully diluted valuation of about $10 billion and a 24-hour average trading volume of around $565 million, gained over 2 percent on Tuesday to trade about $21.92 during the mid-North …
Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from days to seconds. It may also show how central banks can work together with blockchain technology. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Hong Kong And Australia Test Digital Cash According to reports, the project will use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to handle transfers. The goal is simple. Move money in real time and make sure both sides get what they expect. Phase two kicks off with Hong Kong authorities and their counterparts in Australia. They will swap e-HKD for A$DC and aim for instant settlement. Based on reports, this setup could serve as a model for other central banks. We’re excited to share that Chainlink is facilitating the secure exchange of a Hong Kong CBDC and an Australian dollar stablecoin as part of an ongoing use case in Phase 2 of the e-HKD+ Pilot Program. Congratulations to participants @Visa, ANZ, China AMC, and Fidelity… pic.twitter.com/ts2C6Vt4Ul — Chainlink (@chainlink) June 9, 2025 Chainlink Tools In Use Chainlink is not just a name in the mix. It brings two big pieces of tech to the table. CCIP handles the cross-chain messages, acting like a bridge between different blockchains. The Digital Transfer Agent, or DTA, deals with compliance. It keeps track of who owns what token and makes sure rules in different countries are met. In May, World Liberty Financial tapped Chainlink for cross-chain stablecoin transfers covering USD1. That earlier deal hinted at what’s possible this time around. Big Names Join The Pilot Visa and ANZ are helping with payment processing for e-HKD and A$DC. Asset managers Fidelity International and ChinaAMC will also take part. Their job is to manage the tokenized funds on both sides. This mix of banks, asset managers and tech firms shows the project is more than a small test. It has real money and real risks involved. Reports disclosed that those risks are managed by a Payment-versus-Payment model. This means funds are only released when both sides confirm they have received the other asset. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Market Moves And Reactions LINK, the token for Chainlink, jumped by 6% after news of the pilot broke. It now trades at $14.70. That rise follows a wider market rally driven by hopes that Bitcoin may hit $110,000 before the week’s end. According to market data, crypto traders often chase big targets. Short-term gains can be tempting. But they can also lead to quick sell-offs if the main story fades. Despite the rally, Bitcoin still tracks the equity swings rather closely. There is a mix of bulls and bears in futures data that suggests some people are not yet convinced this run will last. High volatility can shake out weaker hands at the first sign of trouble. A sudden change in risk sentiment or a fresh macro shock can quickly reverse gains. Featured image from Imagen, chart from TradingView
Pi Coin is currently trading at $0.6404. It is still stuck below $1 and has dropped 33% over the last month. The Ichimoku Cloud, BBTrend, and EMAs also show no signs of strength yet. If momentum does not return soon, Pi could see more downside before any recovery begins. The technical indicators show a mixed …
The crypto market today seems to be back in track after all the Elon Musk vs Donald Trump spat. Business saw a positive boost by the diplomatic developments between the U.S. and China in London. The industry’s market cap rose by over 4% to $3.4 trillion, catalysed by a 39% spike in intraday trading volume. …
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be reaching an important turning point. Since December 2020, Ripple has been fighting allegations from the SEC, which claimed the company sold unregistered securities in the form of XRP tokens. While Ripple secured a big win last year when a …
The 2025 bull run is picking up speed, and Bitcoin continues to rise. Many people wish they had grabbed it when it was under $1. But according to analysts at Altcoin Daily, it’s not too late. There are still a few altcoins priced under $1 that could see big gains. However, it is important to …
The Pi Network community is rallying ahead of June 28, 2025, a date now labeled as the “Day of Great Expectation”, calling on the Pi Core Team to finally recognize the Global Consensus Value (GCV) as the true worth of PiCoin. After over six years of dedication from millions of users, known as Pioneers, this …