Crypto News

Bitcoin BTC rebounded to just under $110,000 on Monday after a turbulent weekend sell-off triggered by U.S. President Donald Trump’s abrupt tariff threats on the European Union (EU). After the tariff announcement, a temporary easing in trade tensions contributed to a recovery in digital assets. Trump extended the deadline for the proposed 50% tariffs on European imports to July 9, with U.S. and European index futures moving higher ahead of the weekly open. Cardano’s ADA and Dogecoin rose as much as 3% in the past 24 hours, leading gains among the top ten tokens. The bounce reflects broader relief across global risk assets: U.S. and European equity futures gained over 1%, the dollar weakened to multi-month lows, and demand for safe...

TRX has demonstrated remarkable stability amid broader market volatility, establishing a higher trading range between $0.269-$0.273 with significant volume support, according to CoinDesk Research's technical analysis data model. The resilience comes as traditional markets struggle with uncertainty from escalating trade disputes between major economies. While Bitcoin and other cryptocurrencies experience price fluctuations, TRX's consistent performance suggests growing institutional interest in blockchain networks with practical utility and strong transaction volumes. Technical Analysis Highlights This article has been published in Yahoo News via yahoo.com. https://finance.yahoo.com/news/trx-surges-1-25-high-062635288.html

Bad investments don’t just drain your wallet, they can wreck your entire life. That’s the gut-punch takeaway from a viral crypto confession posted by Coinfessions a page on X, where a memecoin trader admitted to losing $80,000 without telling his wife. The anonymous message has stunned the community with its raw honesty. “Lost nearly $80,000 trading memecoins—without telling my wife. Yeah, I messed up. Badly. We recently had triplets, and expenses are exploding. I tried to multiply our money fast, but instead I buried us deeper. When things started spiraling, I borrowed from a friend to stay afloat. Now I’m paying him back $2,000 a month.” “I earn between $20K–$30K monthly, but with our current lifestyle and three newborns, every...

Bitcoin Drops Below $107.5K as Trump Tariff Threat Triggers Crypto Sell-Off Bitcoin's recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed by a sharp reversal. Technical analysis suggests Bitcoin is now trading within a compression zone, trapped between two major fair value gaps that will determine the upcoming market direction. If bulls reclaim the $109K to $110K area, price could push toward resistance beyond $112K, while a break below $107,000 might test liquidity around $106K. This article has been published in yahoo.com via Yahoo News...

"XRP Plunges Below $2.30 Amid Heavy Selling Pressure" Global economic tensions are weighing heavily on cryptocurrency markets as XRP experiences a significant correction amid heavy selling pressure. The recent announcement of potential 50% tariffs on European Union imports by the US government has triggered widespread market uncertainty, with XRP falling alongside most major cryptocurrencies despite Bitcoin recently reaching new all-time highs. Technical analysts point to critical support at the $2.25-$2.26 range, with market watchers warning that a break below this level could trigger deeper corrections toward the $1.55-$1.90 zone. Meanwhile, institutional interest remains strong with Volatility Shares launching an XRP futures ETF...

Ethereum Surges After Holding $2,477, Fueled by Very Heavy Trading Volume Global economic tensions and trade disputes continue to influence cryptocurrency markets, with ETH showing resilience despite broader market uncertainty. The second-largest cryptocurrency is currently navigating a critical technical zone between $2,500-$2,530, which analysts identify as immediate resistance that must be overcome for continued upward movement. Institutional interest remains strong, with spot Ethereum ETFs recording consecutive days of positive inflows, signaling growing confidence from larger investors despite the recent volatility. Technical Analysis Highlights This article has been published in news.yahoo.com via Yahoo News...

Bitcoin search interest over time on Google. (Google Trends) Chart of the Week: Bitcoin Soars, But ‘Wen Lambo’ Crowd Is Missing From the Rally What happens when retail logs off from crypto and Wall Street tunes in? Looking at bitcoin's BTC recent all-time high, one would say it feels bullish and the industry is maturing. That might as well be the case, but we might not be there yet. So before we floor our Lambos, let's look under the hood. First things first, retail investors have basically ghosted this rally. A quick search on Google Trends using the keyword "bitcoin" shows that the surge that was seen back in 2021's bull market is non-existent. Back then, everyone and their grandmothers were Googling bitcoin, aping into...

Image source: Getty Images. The U.S. stock market has been volatile in 2025. The Nasdaq-100, which includes many of America's leading technology companies, is roughly flat year to date. However, that's not the case for all the stocks within it. Some of the world's leading technology companies, like Palantir Technologies (NASDAQ: PLTR), MercadoLibre (NASDAQ: MELI), and Netflix (NASDAQ: NFLX), have surged between 33% and 64% since January -- it's not even June yet! Nobody likes missing the boat, so three Fool.com contributors investigated whether buying these stocks today is still wise. Palantir's stock has been amazingly resilient, but investors should resist the FOMO There hasn't been a hotter artificial intelligence (AI) stock...

Ripple CEO hails major Wall Street shift as XRP ETFs go mainstream. Brad Garlinghouse, the CEO of Ripple, has praised the recent launches of XRP-linked funds on Wall Street. On May 23, Garlinghouse discussed the two main factors behind the popularity of crypto exchange-traded funds (ETFs). First, institutional investors, primarily those trading on Wall Street, haven't been able to access crypto directly. Their only options were self-custody or centralized exchanges, which they don't prefer for various reasons. The launch of crypto ETFs allowed investors, for the first time, to directly trade crypto on Wall Street. Previously untapped capital—endowments, pension funds, or mutual funds—can now access crypto through traditional...

Government Spending Is Up Despite DOGE Cuts — Here’s What That Means for the Economy and Your Wallet The Department of Government Efficiency (DOGE) was created to slash waste and reduce federal spending, but so far, the opposite has happened. According to U.S. Treasury Department data, total government spending has increased by 9% or $340 billion since last year. Despite headline-making cuts, the effects are already showing up in the economy and everyday life. Here’s what that means for your wallet. What DOGE Was Supposed To Fix Launched in February under President Donald Trump and led by Elon Musk, DOGE was billed as a bold plan to eliminate government waste. Its mission: cut costs, automate outdated systems and reduce the federal...

Image source: Block. If you've been a longtime investor in Block (NYSE: XYZ), it's been an extremely volatile journey. Shares of the innovative financial services company soared over 2,000% from their initial public offering in November 2015 to their peak in August 2021. However, slower growth and subdued market sentiment have pushed shares lower since, as they trade 80% below that record high (as of May 21). Despite the choppy performance, Block deserves a closer look from investors. Should you buy this fintech stock right now? **Dealing with the macro environment** The investment community wasn't pleased with Block's financial performance for the first quarter (ended March 31). Shares immediately tanked 20% following the...

The Q1 2025 GDP results are in, and the results were not exactly encouraging. While in a typical quarter the U.S. GDP grows by 2% to 4%, in Q1 2025, the economy actually shrank. Considering that two consecutive quarters of negative GDP growth typically constitute a recession — and the fact that many economists have been predicting a recession in 2025 — investors are unsurprisingly on edge. But what exactly does a shrinking GDP mean for the economy and your wallet? And was this reading the start of a trend or simply a one-off reading? Read on to learn all the details. **Q1 2025 GDP Reading** The economy shrank by 0.3% in the first quarter of 2025, marking the first contraction since Q1 2022. This was a stark contrast to the 2.4% rate...

President Donald Trump hosted the VIP dinner for the top 220 holders of the TRUMP meme coin on May 22. The much-publicized private event attracted significant media scrutiny due to the alleged conflict of interest arising from Trump's engagement with several crypto ventures, including the eponymous meme coin. Several high-profile guests attended the black-tie dinner as a networking or promotional event. Chinese-born crypto billionaire Justin Sun, who launched the TRON cryptocurrency, was the most high-profile guest, who said Trump "awarded" him a Golden Tourbillon watch. Sun bought TRUMP tokens worth $19 million, the most among all the guests, to attend the dinner. Russian-born crypto entrepreneur Nikita Anufrieve told the Wall...

Image source: Getty Images. Can Cryptocurrency XRP (Ripple) Reach $3 Again? Key Points This has already been a roller coaster year for investors. After hovering at or near historic highs in February, the iconic Dow Jones Industrial Average and S&P 500 indexes both plunged more than 16% by early April before rebounding more than 13% in a month. The whiplash was even more severe for the tech-heavy Nasdaq Composite, which dropped 23% and then gained 25% over the same period. Crypto markets followed suit. Bitcoin reached an all-time high in January before plunging nearly 30%, only to recover, rising nearly 50% and setting a new all-time high of more than $111,000 as of May 23. At the same time, the crypto token XRP began the year at...

None **Prediction: Dogecoin Will Plummet to New Lows by the End of the Year. Here's Why.** Key Points So far in 2025, the stock market has been a mixed bag. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have all exhibited higher than usual levels of volatility. Between mixed economic data and ongoing tariff negotiations with trade partners, there is a lot of uncertainty surrounding the equity markets. During times like these, it's not unusual for investors to sell their stocks and redeploy capital into alternatives such as commodities, real estate, or even cryptocurrency. Over the last year, one cryptocurrency that has seen quite a bit of action is Dogecoin (CRYPTO: DOGE). While Dogecoin's momentum can be tempting...

Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday. The allocation is part of Islamabad's plans to use its surplus electricity to bitcoin mining and AI data centres. Pakistan's energy sector is grappling with challenges, including high electricity tariffs and surplus generation capacity. The rapid expansion of solar energy has further complicated the landscape, as more consumers turn to alternative energy sources to mitigate high costs. The initiative is spearheaded by the Pakistan Crypto Council (PCC), a government-backed body, which is part of a broader strategy to monetize surplus electricity...

Just about all of the coins you will come across in your lifetime are worth what they say they are worth — a half dollar is worth 50 cents, a quarter is worth 25 cents, and so on. In some cases, the melt value of the metal itself might bring coins above face value, depending on the market. But in the vast majority of cases, there’s no reason you shouldn’t spend your coins. The exceptions are when you run across a rare one that could be worth hundreds or thousands (or even millions) of times their face value. Before you go rummaging through your house and car, keep in mind that some rare coins are in such short supply that your chances of coming across one are next to zero. These coins have already been discovered and are safely in the...

DDC Enterprise (DDC), an Asian food company, has announced the acquisition of 21 BTC as part of a long-term plan to incorporate the cryptocurrency into its corporate treasury. The company, led by founder and CEO Norma Chu, exchanged 254,333 class A ordinary shares for BTC, in a transaction valued at roughly $2.28 million, according to a press release. The move positions DDC among a growing cohort of public companies using BTC as a treasury asset. Two more purchases totaling 79 BTC are expected in the coming days, bringing the company's initial holdings to 100 BTC. In a shareholder letter issued last week, Chu outlined plans to accumulate up to 500 BTC within six months and aim for 5,000 BTC in three years. While companies adopting...

"6 Cryptocurrencies With a High Year-Over-Year Earn on Investment To Consider Now" No investment is guaranteed, especially not crypto. Still, every year, people are increasingly more likely to reassess their risk tolerance and adopt cryptocurrencies. Even governments are looking into digital currencies and big brands like Nike and Starbucks are infusing blockchain technology. To grow investments, new traders can invest in certain cryptocurrencies that have shown good year-over-year earnings. According to Ronen Cojocaru, co-founder of ARCKADL and 8081.io, cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, XRP, and SKALE are all worth considering. Let’s take a look. Bitcoin (BTC) Current price: $109,686.20 Bitcoin’s...

Global economic uncertainties and trade policy shifts are creating ripple effects across cryptocurrency markets, with Dogecoin showing resilience despite recent downward pressure. The meme coin has formed a clear bearish channel with resistance at $0.236, though strong buying emerged at support levels, indicating investor confidence remains despite broader market concerns. Technical Analysis Highlights This article has been published in Yahoo.com via Yahoo News. https://finance.yahoo.com/news/dogecoin-slides-below-0-23-163119553.html