According to breaking news, Coinbase, the largest cryptocurrency exchange in the United States, has added the Sonic (S) altcoin to its roadmap for listing. S recently replaced FTM, the native cryptocurrency of well-established blockchain Fantom. *This is not investment advice. Continue Reading: JUST IN: Coinbase Adds Expected Altcoin to Its Roadmap

2025-06-13 01:19

China-based technology giant Tencent is considering the possibility of acquiring South Korean game developer Nexon in a bid to further consolidate its strong position in the gaming industry. The Shenzhen-based company has reached out to the family of Nexon's late founder Kim Jung-ju about a possible acquisition, according to people familiar with the matter. Kim Jung-ju’s family holds shares in Nexon through the family’s investment firm NXC Corp. NXC and its subsidiary NXMH BV owned 44.4% of Nexon as of June 30. Kim’s wife and daughters also control about 67.6% of NXC. But it’s not yet clear how open NXC is to selling its Nexon stake. Tencent has yet to make a firm offer, the sources said, and it’s unclear whether the talks will lead to a final deal. Related News: Donald Trump Makes Important Statements About Cryptocurrencies Tencent also tried to buy Nexon in 2019, but that attempt failed. The company has recently been increasing its interest in South Korean assets. In late May, a Tencent subsidiary reportedly agreed to buy about 10% of South Korean music production company SM Entertainment Co. Founded in South Korea in 1994 and publicly traded in Japan in 2011, Nexon is known for its role-playing games. One of the company’s best-known productions, MapleStory, entered the Web3 world with an announcement made last March. Nexon announced that it would be moving the classic game to the Avalanche network and releasing a new version called “MapleStory Universe.” The game’s altcoin was listed simultaneously with the token production event held in mid-May on platforms such as NXPC, Binance, Bybit, Bitget, Upbit and Bithumb. Following these developments, NXPC gained more than 11% in value in a short time, rising to $1.36. *This is not investment advice. Continue Reading: Rumors that Chinese Tech Giant Tencent Will Acquire the Developer Company of This Altcoin Have Caused Price Volatility

2025-06-13 00:38

Cryptocurrency analysis platform Santiment announced the projects that showed the biggest increase in whale transactions over $100,000 in the last week. According to the data, Ethereum Name Service (ENS), Compound (COMP) and Virtuals Protocol (VIRTUAL) were among the prominent projects. “These are the projects that have shown the biggest increases in whale transactions this week compared to last week. In projects other than stablecoins, there is a high probability of price reversals and volatility among this group,” Santiment's assessment said. Santiment listed the altcoins with the highest whale transaction growth as follows: Ethereum Name Service (ENS): 313.46% increase Compound (COMP): 203.81% increase Virtuals Protocol (VIRTUAL): 202.13% increase Dai [on BNB network] (DAI): 200% increase USD Coin [on Arbitrum network] (USDC): 200% increase Mantle (MNT): 175% increase OCD: 166.67% increase USD Coin [on Optimism network] (USDC): 100% increase WETH (WETH): 82.26% increase SPX6900 (SPX): 76.54% increase Related News: Little-Known Altcoin Experiences Unbelievable 21,362% Rise in Last Two Days – Scam Suspected It was noteworthy that memecoins were also among the altcoins with increasing whale activity. *This is not investment advice. Continue Reading: Top 10 Altcoins with the Highest Increase in Whale Transactions in the Last Week Revealed

2025-06-13 00:15

DeFi Development Corp. has announced that it has secured a $5 billion equity capital pipeline. Through this strategic financing structure, the company will be able to raise capital without the price lock-in associated with market volatility, thus continuing to accumulate Solana (SOL). It was stated that this step aims to increase the company’s “SOL Per Share” (SPS) and multiply its validator returns in the long term. “Thanks to this structure, we can carry out capital increases according to our company’s strategic timing and accelerate SPS growth,” DeFi Development Corp said in a statement. Related News: BREAKING: SEC Issues Update on Highly Anticipated Altcoin Spot ETF Unlike traditional equity offerings, the equity capital line structure aims to create long-term shareholder value by offering flexibility even during periods of price volatility. The company also reported that it has filed Form S-1 with the U.S. Securities and Exchange Commission (SEC) for registration of previously unregistered securities due June 11, 2025. “We now have the flexibility and structure to support our growth. This is a clean and strategic way to increase SPS and multiply validator yield,” said Joseph Onorati, CEO of DeFi Development Corp. *This is not investment advice. Continue Reading: Company Whose $1 Billion Purchase of This Altcoin Was Blocked by the SEC Makes a New $5 Billion Announcement Today

2025-06-12 23:45

US President Donald Trump has once again made his stance on crypto assets clear. In a 90-second video message to Coinbase’s State of Crypto Summit, Trump said it was an honor to be called “Crypto President.” Trump reiterated his goal of ending the previous administration’s “war on crypto” policy in his speech and said they would establish a working group to evaluate digital assets. He also referred to new regulations on the agenda of Congress. “Our administration is working with governors to pass the GENIUS Act, which supports the creation of dollar-backed stablecoins. We will also create clear and simple market frameworks that will enable America to be a leader in the future of crypto and Bitcoin,” he said. The room erupted in applause at this statement, albeit sporadically. Related News: Millionaire CEO Announces He Will Purchase a Large Amount of a Surprise Altcoin—But Only Under One Condition The GENIUS Act, currently under consideration in the Senate, is set to be voted on today. The move follows a compromise reached on Wednesday, while two key House committees also advanced a market structure bill on Tuesday. Trump also claimed to have created a “U.S. Strategic Bitcoin Reserve” and a “U.S. Digital Asset Stockpile” via an executive order, although these have not yet been officially established. Following Trump’s statements at the event, Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire, who recently completed their IPO, also took the stage. The two names stated that cryptocurrencies could play a bigger role in the global financial system. *This is not investment advice. Continue Reading: Donald Trump Makes Important Statements About Cryptocurrencies

2025-06-12 23:10

Cryptocurrency onchain data recorded that a crypto whale lost patience today and sold at a large loss. According to the data, the crypto whale had not made any transfer movements for 6 months and had purchased 10 million Artificial Superintelligence Alliance (FET) tokens worth $17.15 million on Binance 6 months ago. This whale sent 7 million FET tokens worth $5.26 million back to cryptocurrency exchange Binance and would have lost $6.7 million had he sold. Related News: BREAKING: SEC Issues Update on Highly Anticipated Altcoin Spot ETF In addition, onchain data revealed some unusual findings in the AURA token, which is popular today and has been the subject of fraud allegations. According to the data, a whale wallet suspected of being part of the altcoin team spent $66,000 to buy 19.17 million AURA tokens just before the rise and later sold about 3 million of them for $56,000. Currently, the whale wallet holds more than $2 million worth of AURA tokens. *This is not investment advice. Continue Reading: Massive Altcoin Whale Couldn’t Wait Any Longer: Sold at a Huge Loss

2025-06-12 22:41

Today, the cryptocurrency market witnessed the huge rise of an altcoin that, interestingly, was completely unheard of just two days ago. xbtcas, the leader of the cryptocurrency research and analysis platform Cryptonary and also an active influencer in the memecoin world, announced that they are planning to take over the management of the cryptocurrency called AURA by the cryptocurrency community under their leadership. Related News: BREAKING: SEC Issues Update on Highly Anticipated Altcoin Spot ETF Following this development, the AURA price has increased by an incredible 21,362%. The token’s total market value has reached $187 million and it is not listed on any major cryptocurrency exchange. Chart showing the rise in AURA price. However, there are some serious concerns about this Solana-based altcoin and xbtcas. There are those who claim that xbtcas bought 40% to 50% of the supply of a dead cryptocurrency, AURA, and then made the announcement that brought the rise in question. According to the allegations, the influencer started to sell slowly after the token rose, and thus may have earned millions of dollars from a cryptocurrency with no features. *This is not investment advice. Continue Reading: Little-Known Altcoin Experiences Unbelievable 21,362% Rise in Last Two Days – Scam Suspected

2025-06-12 21:56

DTCC (Depository Trust and Clearing Corporation), a major financial institution at the heart of the US financial system, is working on the issuance of stablecoins. According to information reported by The Information, this step by DTCC could pave the way for more widespread use of digital assets in markets. On the other hand, the CEO of Bank of America also announced that the bank is working on stablecoin projects both on its own and with the sector. These developments show that the US financial system's interest in the digital dollar is increasing. US Treasury Secretary Scott Bessent said in his statements to Congress that stablecoins could reinforce the dollar's status as a global reserve currency. Bessent stated that the total market value of dollar-backed stablecoins could exceed $2 trillion. Related News: BREAKING: SEC Issues Update on Highly Anticipated Altcoin Spot ETF “Although the dollar's global leadership is occasionally questioned, new dynamics reaffirm this power each time,” Bessent said, adding that the current administration is determined to protect and strengthen the dollar's reserve currency status. There is also a bill in Congress that would require dollar-denominated stablecoins to be backed by high-quality assets such as Treasury bonds. *This is not investment advice. Continue Reading: Rumors Emerge About Cryptocurrencies Related to an Institution at the Heart of the US Financial System

2025-06-12 21:12

Circle, the issuer of USDC, one of the largest stablecoins in the cryptocurrency market, has published a new announcement. Accordingly, Circle announced that USDC has been launched natively on the XRP Ledger, supporting developers, institutions, and users in enterprise B2B payments, DeFi liquidity provision, and more. Circle has announced that USDC is now officially supported on XRPL. While this integration was announced on Circle’s official X account, the move brings the second-largest stablecoin USDC to XRPL, a fast and low-cost network. With this launch, developers, enterprises, and fintech innovators will have the opportunity to leverage USDC on XRPL for a variety of use cases. Going forward, USDC can be used for faster and more efficient B2B cross-border payments and by market makers to increase liquidity for token pairs and currency flows. “USDC on XRPL is now live! We are excited to announce that USDC, the world's largest regulated stablecoin, is now available on the XRPL mainnet and accessible to developers, institutions, and users. No more bridging required. Circle Mint and Circle APIs now fully support USDC on XRPL, allowing you to easily access USDC liquidity and benefit from XRPL’s fast and secure network.” *This is not investment advice. Continue Reading: Surprise Collaboration Between Ripple (XRP) and Rumored Acquisition Circle (USDC)!

2025-06-12 20:31