Shiba Inu (SHIB), one of the most well-known memecoins, has significantly increased its burn rate over the past 24 hours. More than 537 million worth of SHIB coins have been taken out of circulation. This caused the burn rate to jump by 3,484%, a massive increase from the day before. This turn of events has made the SHIB community more hopeful for the token’s future. This came after the SHIB ecosystem improved its decentralized finance (DeFi) toolkit. Massive Token Burn Fuels Shiba Inu Price Jump Burning coins usually helps reduce the total supply, making the remaining coins more valuable. Following this large burn, SHIB’s price increased by 4.12%, trading at $0.000012, and its total market value crossed $7.2 billion. This price bounce came shortly after SHIB dropped by 10% earlier in the week. This drop was caused mainly by a bigger dip in the crypto market, which reacted to rising tensions between Israel and Iran. Furthermore, Shibburn tracking platform shows that the recent increase in SHIB’s burn rate continues a trend seen earlier this week. In a notable move, one wallet alone burned over 500 million SHIB in the past 12 hours. The Shiba Inu community has used token burning to help support long-term value. As SHIB’s price went up, its future open interest rose by over 4%, reaching $141.85 million. According to Coinglass data, traders are showing more confidence in SHIB’s short-term performance. A rise in open interest usually means more trading activity and a stronger belief in the token’s direction. This geopolitical tension also shook the entire crypto market. Bitcoin’s price (BTC) dropped 2.8% after the incident , falling from $106,042 to $103,053. However, the flagship crypto seems to be back on a bullish path. According to CoinMarketCap data, it is trading at $105,092 at the time of writing, up 0.27% in the past 24 hours. SHIB Whale Activity Drops Despite Price Uptick Even though the token burn and price rise are good signs, data shows that large-scale SHIB holders are pulling back . In the past 24 hours, large transaction volume has dropped 65%. Wallets with at least $100,000 worth of SHIB have seen a significant slowdown in activity. This points to weakening interest among big investors, possibly due to recent market uncertainty. On June 6, the enormous transaction volume hit 17.63 trillion SHIB. However, this has dropped to just 948.59 billion SHIB, showing that many big investors are pulling away. Experts say if larger investors continue to reduce their holdings, it may put downward pressure on the SHIB price. Still, if the burn rate remains high and market confidence improves, SHIB could regain strength. The post Shiba Inu Burn Rate Jumps as Over 537M SHIB Set Ablaze appeared first on TheCoinrise.com .
The Coin Rise 2025-06-14 22:00
Billionaire hedge fund legend Ray Dalio thinks investors aren’t paying attention to obvious factors in meme stock trading. Dalio says in a new post on X that there’s always a “current most popular meme” that everyone believes in but is bound to lose its status. “These memes typically are due to a mix of extrapolating what happened before and emotional considerations. Also, most investors typically don’t take into consideration market pricing. In other words, they tend to identify what has been a great investment (e.g., a strongly performing company) as great, and they don’t pay enough attention to its pricing, even though its pricing (whether it is cheap or expensive) is the most important thing.” Dalio says this behavior sets the stage for potential market missteps, especially in the current economic climate. At this time, it is typical for almost everyone to be looking to make money by buying assets that they believe will go up (rather than betting on them going down), and they quite often use leverage.” Dalio’s meme trading advice follows dire warnings he’s recently issued about the US economy. Earlier this month, Dalio argued in an interview on PBS that the government needs to lower its budget deficit as a percentage of GDP from 7% to 3%. “It has to be done with three things, and it has to be spread out among these three things, because any one of those three things would be too painful. Those three things are tax revenue, spending cuts and interest rates. Although Congress and the president in the process does not deal directly with the third of those, right now a trillion dollars – half of our deficit – is interest payments, and not only do we have a trillion dollar interest payment, in the next year, we have nine trillion dollars of debt maturing that has to be either rolled over or sold… So there’s what I call my 3%, three-part solution, which was very similar to 1991-1998. It was cut by 5% of GDP, the budget deficit, in those years was cut by 5% of GDP by spreading it around. So those are the three things that are needed.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Billionaire Investor Ray Dalio Outlines Meme Stock Trading Strategy, Says Investors Are Not Paying Enough Attention to the ‘Most Important Thing’ appeared first on The Daily Hodl .
The Daily Hodl 2025-06-14 22:00
Ruvi AI (RUVI) is being hailed by analysts as a top contender set to surpass Tron (TRX) in 2025. With stronger fundamentals and a higher return on investment (ROI) potential, this blockchain-AI hybrid project is rapidly becoming an attractive choice for forward-looking investors. Tron (TRX): A Pioneering Platform in Decentralized Content Since its launch in 2017, Tron (TRX) has been a major force in the blockchain ecosystem. The platform was built to decentralize the internet, allowing content creators to bypass intermediaries and monetize their work directly. Tron’s scalability and ability to process up to 2,000 transactions per second (TPS) have contributed to its adoption across various industries, particularly entertainment. One of Tron’s most notable achievements was acquiring BitTorrent, a move that empowered its ecosystem with decentralized content-sharing capabilities. It has also gained recognition through partnerships with major brands like Samsung. However, with new projects such as Ruvi AI bringing fresh innovation and practical utility to the table, Tron faces increasing competition in the race for relevance and investor interest. Cyberscope Audit One of Ruvi AI’s key differentiators is its focus on transparency. The project is currently undergoing an audit by Cyberscope, a highly regarded blockchain security firm. This audit encompasses a thorough review of Ruvi AI’s code and smart contract infrastructure, providing investors with assurance about the platform’s integrity. This commitment to building trust establishes Ruvi AI as a credible competitor to longstanding platforms like Tron. By taking steps to ensure security and reliability, the project appeals to both retail and institutional investors looking for safer choices in the cryptocurrency market. Momentum Builds Through a Successful Presale Ruvi AI’s presale performance demonstrates its immense potential. Phase 1 of the presale sold out in just two weeks at a price of $0.010 per token. When Phase 2 launched, with tokens priced at $0.015, early investors saw a 50% gain on their initial investment. To date, Ruvi AI has garnered over 1,600 holders and raised $1.7 million in funding. Adding to its milestones, Ruvi AI has secured its first exchange listing and partnered with a reputable trading platform, ensuring liquidity and accessibility. With more announcements expected in the near future, investors are keeping a close eye on the project’s progress. Ruvi AI (RUVI): Pioneering Blockchain-AI Synergy Ruvi AI merges the benefits of blockchain with the power of artificial intelligence (AI), making it a standout project with wide applicability. The platform functions as a decentralized superapp, enabling users to generate AI-driven content, including text, audio, video, and images. This unique combination has positioned Ruvi AI to disrupt industries ranging from marketing to creative production and automation. The $RUVI token lies at the heart of this advanced ecosystem, enabling a range of functions, from staking rewards to governance participation and premium feature access. Unlike projects driven by speculation, Ruvi AI’s focus on utility makes it a compelling choice for both businesses and individual users. Investment Scenarios for Ruvi AI’s Presale Ruvi AI’s tiered presale system offers lucrative opportunities for early participants. Below are the potential returns for three VIP levels, based on the $0.015 presale price, a $0.07 listing price, and a post-launch $1 valuation: VIP 2 Threshold : 50,000 RUVI ($750 at $0.015/token). Bonus : 40% (20,000 additional tokens). Total Tokens : 70,000. Value at $0.07 Listing Price : $4,900 (553% ROI). Value at $1 Post-Listing : $70,000 (9,233% ROI). VIP 3 Threshold : 100,000 RUVI ($1,500 at $0.015/token). Bonus : 60% (60,000 additional tokens). Total Tokens : 160,000. Value at $0.07 Listing Price : $11,200 (647% ROI). Value at $1 Post-Listing : $160,000 (10,567% ROI). VIP 5 Threshold : 500,000 RUVI ($7,500 at $0.015/token). Bonus : 100% (500,000 additional tokens). Total Tokens : 1,000,000. Value at $0.07 Listing Price : $70,000 (833% ROI). Value at $1 Post-Listing : $1,000,000 (13,233% ROI). These scenarios highlight Ruvi AI’s immense potential to generate exponential returns for early investors. Why Ruvi AI is a Smart Investment Ruvi AI combines blockchain innovation with AI, addressing real-world challenges and adding tangible value to the crypto space. Its successful presale, transparent auditing process, and commitment to utility make it a standout project that could redefine the industry. Analysts predict Ruvi AI will emerge as a major player in 2025, offering higher ROI potential and stronger fundamentals than competitors like Tron. For investors looking to secure a position in this groundbreaking initiative, the time to act is now. Take advantage of the presale to maximize growth potential while the opportunity lasts. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register
Cryptopolitan 2025-06-14 22:00
Shaquille O’Neal has agreed to pay $1.8 million to resolve allegations tied to his promotion of the now-defunct cryptocurrency exchange FTX, marking a rare celebrity settlement in the wider legal fallout from the platform’s collapse. Filed in a Florida federal court, the proposed agreement would end a class action lawsuit that accused the former NBA star of promoting FTX as a safe and reliable investment, particularly through high-profile events and social media campaigns. All-Inclusive Deal The plaintiffs in the case are FTX users who deposited funds or purchased the exchange’s proprietary token, FTT, between May 2019 and late 2022. During this period, the company had aggressively expanded its reach through celebrity endorsements. Unlike other endorsers such as Tom Brady, Steph Curry, and Naomi Osaka, whose cases were mostly dismissed or unresolved, O’Neal remained legally entangled after a prolonged effort to serve him court papers. While O’Neal denies any wrongdoing, the proposed settlement is structured to be final. The entire amount will cover attorney fees, administrative costs, and payments to affected investors. The agreement also prevents him from pursuing compensation from the FTX bankruptcy estate – a clause that effectively severs any future legal or financial entanglement with the case. FTX, once the world’s third-largest crypto exchange, imploded in 2022 amid allegations that its founder, Sam Bankman-Fried , misused billions in customer deposits. In March 2024, Bankman-Fried was sentenced to 25 years in prison, while the company has since claimed that it will be able to repay most users. Final Chapter O’Neal had previously distanced himself from crypto markets, stating in interviews that he lacked understanding of the technology and was simply a paid spokesperson. Despite this, his involvement in promotional content, especially during FTX’s final stages, became a central element in the lawsuit, which argued that his celebrity endorsement contributed to the public perception of FTX as a legitimate investment. The deal would not only bring closure to O’Neal’s involvement but also establish a precedent for how high-profile celebrity endorsements in the crypto industry may be scrutinized moving forward, if approved by the court. Meanwhile, the payment is due within 30 days of judicial approval, closing a chapter on O’Neal’s ties to one of crypto’s most notorious failures. The post Shaquille O’Neal Agrees to $1.8M Settlement Over FTX Endorsement Lawsuit appeared first on CryptoPotato .
Crypto Potato 2025-06-14 21:54
In a direct message to XRP investors, analyst EGRAG CRYPTO (@egragcrypto) revisited his 2022 technical analysis that forecasted a long-term target of $22. At the time of the post, XRP was trading at just $0.37. Now, with the price standing at $2.14, the analyst believes that investors who failed to buy earlier are not the only ones at risk of missing out. His latest comment suggests that today’s $2 region will soon be seen as another missed opportunity. He highlighted how many had ignored XRP’s potential when it traded below $0.40, and pointed out that hesitation may repeat itself even as XRP continues its upward trend. #XRP – was 0.37c But TA was presenting $22. Now If I take you back in Time will buy #XRP At 0.37c I know many of you are biting there nails right now. Trust me 2$ region is the next biting nails phase. ONLY FEW https://t.co/aajvaDtjTz — EGRAG CRYPTO (@egragcrypto) June 13, 2025 Cup and Handle Structure Points to Much Higher Targets The chart originally shared by EGRAG in August 2022 remains central to his prediction. It shows a clear long-term cup and handle formation beginning in 2018, with XRP eventually breaking above key technical thresholds and setting the stage for higher extensions. According to Fibonacci levels drawn on the chart, the most prominent long-term price targets lie well above the current $2 range. Among these targets, $4.3792 (Fib. 1.414) is notable as it sits close to the $4.22 target recently set by another well-known analyst. $6.49 at the 1.618 Fibonacci extension is another notable target, and the targets continue climbing until the potential peak at $45.03 (Fib. 2.618), another target he has previously set for the asset. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 However, EGRAG has emphasized $22.99 as a major psychological and structural target within this setup. He recently predicted that the asset could reach this level by December , and previously noted that while the road may be “stumbly,” the structure provides a roadmap that supports this outlook. With XRP now firmly above the $1.10–$1.50 zone, which his earlier chart labeled as pivotal, the asset’s breakout confirms his earlier projections. Attention has now shifted fully to price targets beyond $2, with no technical relevance remaining below that level in his current narrative. The Fear of Buying Late EGRAG’s message reveals a recurring dynamic in crypto markets where investors often fail to act when assets are undervalued and become paralyzed by doubt when prices rise. Meanwhile, prominent voices in the crypto space have repeatedly advised investors to buy XRP and wait rather than waiting to buy. According to the analyst, waiting on the sidelines now may result in regret later, just as it did in 2022, and anyone looking to profit from the crypto market needs to get in early. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP to $22? Analyst Says $2 Region is the Next Biting Nails Phase. Here’s why appeared first on Times Tabloid .
TimesTabloid 2025-06-14 21:46
New court filings show that NBA legend Shaquille O’Neal will settle a lawsuit related to the endorsement of defunct crypto exchange FTX for $1.8 million. According to recent court documents, the retired superstar is settling a lawsuit where he’s accused of promoting FTX, which went bankrupt in 2022 after its chief executive, Sam Bankman-Fried, was found to be mishandling billions of dollars worth of customer funds as well as defrauding investors. “This proposed settlement… results from the tremendous efforts of the parties, with negotiations informed by previous mediations and settlement agreements which were reached in this action. Defendant O’Neal has agreed to provide $1,800,000 in monetary relief in exchange for reaching this early settlement, which amount will be paid within 30 days after the effective date of the settlement.” However, the agreement between the parties is still pending approval from the court. O’Neal and other marquee celebrities – such as fellow NBA superstar Stephen Curry, NFL quarterbacks Tom Brady and Trevor Lawrence, MLB pitcher Shohei Ohtani, Shark Tank investor Kevin O’Leary, and supermodel Gisele Bündchen – were all accused of failing to perform due diligence before promoting FTX in a class action lawsuit filed in 2022. O’Neal, who received $750,000 to endorse the crypto exchange, first agreed to a settlement in April, though the amount at the time was undisclosed. Bankman-Fried was found guilty of his crimes in 2023 and was sentenced to 25 years behind bars in 2024. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post NBA Legend Shaquille O’Neal To Settle FTX Endorsement Lawsuit for $1,800,000 appeared first on The Daily Hodl .
The Daily Hodl 2025-06-14 21:45
Reports have emerged about a hours-long phone conversation between the heads of state of the US and Russia, where topics ranged from the growing tension in the Middle East to Donald Trump’s birthday. According to some publications, the POTUS described the Israel-Iran situation as “very alarming,” as there’s no closure in sight. BREAKING: President Trump tells Putin that the situation in the Middle East is “very alarming.” — The Kobeissi Letter (@KobeissiLetter) June 14, 2025 Recall the events that transpired between the two nations located in the Middle East as Israel hit Iran first on Friday morning, killing over 70 people in the process, including high-end generals and nuclear scientists. Iran responded last night, but the damage was significantly less. Although Trump previously expressed hope that Iran could be closer to signing a nuclear deal now, he and Putin were reportedly concerned about the recent escalation, as the conflict is nowhere near a resolution. Nevertheless, both still “did not rule out a return to negotiations on Iran’s nuclear program,” reported the Moscow Times, citing a statement from the Kremlin. Israel’s attack against Iran earlier this week had an immediate and profound impact on the cryptocurrency market, with BTC slumping from a Thursday peak of $108,500 to under $103,000 on Friday morning. Iran’s response failed to influence the market in a similar manner, but BTC is back in the red after Trump’s most recent remarks. Some analysts warned that the largest cryptocurrency could plunge below $80,000 if the sell-off intensifies and it fails to maintain the $100,000 support. BTCUSD. Source: TradingView The post Bitcoin’s Stability Tested Following Trump’s ‘Very Alarming’ Remarks on Middle East Tension appeared first on CryptoPotato .
Crypto Potato 2025-06-14 21:41
Bitcoin is increasingly recognized not only as a competitor to gold but also as a formidable alternative to traditional savings instruments, including US government securities. With a total addressable market
CoinOtag 2025-06-14 21:37
Bitcoin does not just compete with gold as an alternative store of value, but all savings instruments, including government securities.
CoinTelegraph 2025-06-14 21:33
Crypto whales are making bold moves, with Q3 2025 just weeks away, and smart retail traders are watching closely. While established players like Solana (SOL) continue to hold strong as market leaders, it’s a viral DeFi token priced under $0.03 that’s creating the loudest buzz. Mutuum Finance (MUTM) has emerged as one of the most talked-about altcoins to invest in now, with growing speculation that its parabolic price movement could echo some of the biggest early-stage surges seen in 2021. Already, more than $10.5 million has been raised in the presale of Mutuum Finance, with 12,000 people participating so far. For those wondering what to buy before June ends, this under-the-radar token is rapidly becoming a top summer crypto pick. And with on-chain metrics showing early whale accumulation, many believe it could be the best crypto to buy in 2025, before the mainstream catches on. Solana Holds Steady Near $166 as Whale Activity and Macroeconomic Signals Infuse Market Momentum Solana (SOL) is trading around $166.11, a modest uptick following a 4% rebound from recent dips. The mid-$160s zone represents a critical resistance band, as traders await a breakout past $171 to confirm renewed bullish momentum, with potential targets beyond $180. SOL’s short-term rally is underpinned by on-chain whale accumulation and developers flocking to its high-throughput blockchain, supported by low fees and thriving DeFi activity. Mutuum Finance Presale Explodes: $10.5M Raised, Don’t Miss Your Chance Mutuum Finance is rapidly becoming the hottest name in DeFi lending, attracting a whopping 12,000 strong community and raising over $10.5 million in presale funding. Right now, MUTM tokens are just $0.03, but with the next presale round priced at $0.035, early investors could see returns doubling to 100% as the token launches at $0.06. Certified Safe & Ready to Dominate: Mutuum’s Game-Changing Certik Audit Trust is everything in crypto, and Mutuum Finance just earned a massive credibility boost with its successful Certik smart contract audit. This stamp of security positions Mutuum Finance as one of the most reliable DeFi projects on the market. Institutional investors and retail traders alike are taking notice. If security and growth matter to you, Mutuum Finance is a must-watch. Climb the Leaderboard & Win Big: Mutuum’s New Gamified Rewards Mutuum’s leaderboard system puts the top 50 holders in the spotlight, rewarding them with bonus tokens and sparking fierce competition. This rewards strategy and loyalty. $100K Giveaway Alert: 10 Lucky Investors to Score $10,000 in MUTM Tokens Mutuum Finance is giving back to early believers in a big way. Ten lucky participants will split a $100,000 giveaway , each pocketing $10,000 worth of MUTM tokens. This exclusive opportunity to earn massive rewards just for supporting the project early won’t last forever. The community is growing fast, don’t get left behind. Mutuum Finance is gaining unstoppable momentum, raising over $10.5 million from more than 12,000 early participants, a clear signal that both retail and whale investors are betting big ahead of Q3 2025. With token prices still at just $0.03 and a confirmed launch price of $0.06, early backers stand to secure up to 100% in immediate gains. Backed by a completed Certik audit, an active $100,000 giveaway, and a gamified leaderboard system that rewards top holders, Mutuum Finance isn’t just another altcoin, it’s a movement. Don’t wait on the sidelines, visit the official Mutuum Finance website to join the presale and secure your MUTM tokens before the price jumps. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Cryptopolitan 2025-06-14 21:30
As of June 14, the likelihood of Iran blocking or closing the Strait of Hormuz has risen to 47%, nearly doubling from 24% on June 11. Strait of Hormuz Closure Threatens Global Trade The odds of Iran blocking or closing the Strait of Hormuz, one of the world’s most critical maritime chokepoints, briefly rose to
Bitcoin.com 2025-06-14 21:29
ConsenSys, one of the leading names in the Ethereum developer ecosystem, attracted attention with the statements of its founder Joseph Lubin. Responding to a user’s question regarding token plans for MetaMask, Lubin announced that the company is developing short- and medium-term strategic plans and that the first token distribution will take place on the LINEA network. He noted that future protocols are designed to work in synergy with each other. A few days ago, ConsenSys shared the news of a significant acquisition with the public. The company announced that it acquired the Singapore-based Web3Auth platform. This move aims to strengthen MetaMask’s user-friendly structure. Web3Auth allows users to log in to their crypto wallets with popular social media accounts such as Google, Facebook, and Discord. Related News: Big Whale Who Lost Money on Bitcoin, Ethereum, and Solana Now Piles Into Two Surprise Altcoins Traditional crypto wallet setups typically require writing and storing a 12- to 24-word “seed phrase.” Users who lose this phrase can lose access to their wallets entirely. These challenges pose a major obstacle, especially for those new to the crypto world. Dan Finlay, co-founder of MetaMask, stated that the main purpose of this acquisition was to attract new users to the platform: “This move is about bringing more people into the ecosystem.” *This is not investment advice. Continue Reading: First Signal Emerges from the Platform That Has Been Denying Altcoin Launch for Years: A Historic Moment May Be Near
BitcoinSistemi 2025-06-14 21:27
Shiba Inu Burn Rate Jumps as Over 537M SHIB Set Ablaze
