Day: June 5, 2025

Ravencoin Rockets 70% in Hours, Is This Just the Beginning?

Key Notes Ravencoin (RVN) rallied over 70% following its high-profile listing on South Korea’s Upbit exchange. The rally coincides with the election of crypto-friendly President Lee Jae-myung, sparking investor optimism. Livepeer (LPT) also skyrocketed to its four-month high last week after the token’s Upbit listing. Ravencoin RVN $0.0171 24h volatility: 54.1% Market cap: $259.49 M Vol. 24h: $455.87 M , a blockchain purpose-built for asset creation and peer-to-peer transfer, jumped an eye-popping 63.57% just hours after its listing on Upbit exchange. At one point, RVN had rocketed by 94% within…

Safe Unveils New Unit to Build Enterprise Ethereum Wallets

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Safe, a crypto self-custody company previously known as Gnosis Safe, has launched a subsidiary, Safe Labs, to build enterprise-grade self-custody solutions. According to a June 5 announcement shared with Cointelegraph, Safe Labs is a commercial subsidiary wholly owned by Safe. It will focus on building institutional products using Safe Smart Accounts, a modular smart contract-based wallet system. “The future of Web3 depends on giving users absolute confidence in their digital sovereignty,” said Lukas Schor, co-founder of Safe and president of the Safe Ecosystem Foundation. “With Safe Labs, we’re building the…

Bitcoin consolidates above key support: is a breakout imminent?

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Bitcoin has spent the majority of the week trading within a tight consolidation range. But unlike previous consolidations, this one carries a bullish undertone. With price action holding above major support levels and forming potential structural shifts, traders are on alert for a breakout move. Bitcoin’s (BTC) recent price action has been marked by low volatility and declining volume, but this may not be a sign of weakness. Instead, the technical structure and support dynamics suggest that the market is coiling before its next move. Price remains above critical support…

HTX Jumps Two Spots to #8 in Kaiko’s Q2 Exchange Ranking

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This content is provided by a sponsor. PRESS RELEASE. Singapore, June 5, 2025 – HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko’s Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter and […] Source

Bluebird Mining Plans to Buy Bitcoin With Gold Revenue

Key Notes South Korean Bluebird Mining Ventures will convert gold income into Bitcoin, aiming to protect value amid economic uncertainty. The UK-listed firm holds over 1.8 million ounces of gold assets across Asia, including South Korea and the Philippines. Operating lean with a seven-member team, Bluebird plans to hold Bitcoin as a long-term reserve on its balance sheet. Bluebird Mining Ventures Ltd is taking a new direction. It plans to convert future income from its gold operations into Bitcoin BTC $105 679 24h volatility: 0.6% Market cap: $2.10 T Vol.…

Why is Bitcoin’s percentage supply on crypto exchanges near 7-year lows?

Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Trust in centralized platforms is shaky post-FTX. Bitcoin’s (BTC) percent supply on exchanges has dropped to near seven-year lows, falling below 11% for the first time since March 2018, according to Glassnode data. The peak occurred around March 2020, when over 17.2% of the BTC supply was held on exchanges. Since then, over 6% of the total supply, or roughly 1.26 million BTC, has…

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Binance Report Shows 260% Growth in RWA Tokenization Market

Key Notes Tokenized private credit dominated the sector, accounting for 58% of the market share, followed by tokenized US Treasury debt at 34%. The sector is benefiting from evolving crypto regulations as the SEC classifies RWAs as securities. Major financial players like Goldman Sachs and Mastercard are exploring tokenization opportunities. Binance Research recently published a new report revealing that the RWA tokenization market experienced a significant 260% growth during the first half of this year. This growth is largely attributed to increasing regulatory clarity in the crypto space, which has…

WRX Freefall: WazirX’s Relocation Sparks Investor Chaos

Key Notes Singapore High Court has rejected WazirX’s restructuring plan as WRX tanked in the past day. WazirX quietly shifted its legal base to Panama after transparency concerns, leaving Indian users confused. With no clear timeline for asset recovery, users have launched a public revolt against WazirX on social media. WazirX , once touted as India’s most trusted crypto exchange, has found itself in a mess. After a brutal $235 million hack nearly a year ago, attributed to North Korea’s Lazarus Group, the company’s troubles have deepened with a shocking…

Dogecoin Needs $0.40 Breakout To Salvage Bull Case: Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin’s six-month slide may be about to reach its moment of truth, according to independent market commentator VisionPulsed, who told followers on June 4 that the memecoin must vault the long-standing ceiling at roughly $0.40 “either…