Author: John Smith
Interest in memecoin ETFs is growing as more investors and market watchers eye their potential launch, and analysts are highlighting why they could be on the horizon. Bloomberg analyst Eric Balchunas recently expressed optimism about the potential launch of a memecoin exchange-traded fund. His comments came in an X thread, where he responded to an earlier post that suggested a memecoin ETF could be a promising idea. Balchunas explained that the crypto ETF market is expected to see a wave of actively managed funds towards the end of 2025, after which a memecoin focused era is likely to follow in…
Buying pressure in gold subsided on Friday last week, as gold dropped more than 1000 points from $3403, courtesy of the NFP data favoring the U.S. dollar. Russia has launched one of the war’s largest air attacks, and this news may bring more inflow into gold, and prices may rise. The bias in gold is still buy, and the price has already tapped its buying levels. Let’s discuss the key pivot levels for gold buying and selling in this XAUUSD weekly forecast from June 9th to June 13th, 2025. Previous week’s forecast recap of crypto.news In the previous week’s forecast,…
SUI may be setting up for a rebound, with momentum returning across both technical and on-chain fronts. As of Monday afternoon Asian time, Sui (SUI) was trading at $3.20, down about 25% from its peak last month. Its market cap sat at around $10.8 billion, according to data from crypto.news. One of the setbacks weighing on SUI recently was the SEC’s decision to delay its ruling on the proposed Canary SUI ETF, a move that would’ve given investors regulated exposure to the token. While ETF delays are pretty standard in the approval process, they often dent market sentiment, especially in…
Soneium has launched an incubator program aimed at supporting Web3 projects by providing resources and financial backing to help them scale and gain exposure. Soneium, an Ethereum Layer 2 developed by Sony Block Solutions Labs, has unveiled a new incubator program called “Soneium For All.” The program is designed to help Web3 projects overcome common challenges in the go-to-market process, such as user traction, technical scalability, and visibility. Developers selected for the program will have access to a production-ready, high-traffic network that already supports major IPs. The accepted projects will gain exposure through Soneium’s official marketing channels, including blog features,…
Just six months ago, in December 2024, Ethereum was riding high at around $4,000 — right in the middle of a major crypto rally as Bitcoin soared past $100,000. Fast forward to early June 2025, and things aren’t quite as rosy. Still, it’s a big improvement from April, when ETH dropped all the way down to $1,580. So, where could ETH be headed next? To help you make sense of the current market and plan your next move, we’ve put together this short-term Ethereum June price prediction. What is Ethereum? Put simply, Ethereum is a blockchain-based platform for building all…
Pepe coin, one of the favorites among meme coins, saw strong growth in May but has since dropped from its May high of $0.000016 to around $0.000011 in June. Will the price of Pepe Coin (PEPE) rise this month? Let’s take a closer look at our Pepe June price prediction. What is PEPE? Pepe the Frog was first introduced in 2005 by Matt Furie in his Boy’s Club comic series. With his iconic catchphrase “Feels good man,” Pepe quickly became a viral internet meme. Fast forward to the 2021 crypto boom — Dogecoin’s rise brought meme coins into the spotlight,…
Donald Trump’s crypto brand has been hogging headlines all week, thanks to the public spat between his family and the team behind a wallet project tied to the president. However, following all the drama, tensions seem to be easing. The crypto wallet saga involving Donald Trump’s sons and Gettrumpmemes, the company in charge of the memecoin tied to the president recently took a new turn, when Eric Trump took to social media platform X with a reconciliation post. “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” he wrote. Eric’s post came only a few days…
Ethiopia’s Financial Intelligence Service is preparing to regulate virtual currencies, despite their ongoing ban in the country. As initially reported by The Reporter Ethiopia, Ethiopia’s Financial Intelligence Service has announced that preparations are underway to regulate virtual currencies, despite their continued illegality under current Ethiopian law. The announcement was made by FIS Director Muluken Amare during a recent meeting of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) in Addis Ababa, which brought together financial security officials from across the region to address emerging risks in the financial sector, including those posed by virtual assets. The FIS’s preparedness efforts…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the dust settles from the latest wave of phishing attacks, breaches, and increasing regulatory pressure, one thing is becoming abundantly clear: the era of centralized custody in crypto is reaching an inflection point. Coinbase may still stand tall as the poster child of exchange-driven adoption, but its growing vulnerabilities expose a systemic flaw. Users are still being asked to trust a third party with their assets, privacy, and safety. In a post-Coinbase world, this trust model…
Avalon Labs has burned 80 million AVL tokens, permanently removing them from circulation in a move that reduces the circulating supply by roughly 44%. Announced on X on June 9, the tokens, worth an estimated $16 million, were mostly unclaimed airdrop allocations from a March 2024 campaign. Avalon framed the burn as the start of a “deflationary cycle” that aligns with long-term incentives. Avalon Labs has officially burned 80M $AVL, representing 44% of the circulating supply. These unclaimed airdrop tokens, worth approximately $16 million, have now been permanently removed from circulation. Over the past year, a total of $20M worth…