Author: John Smith

Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales. Immutable (IMX) fell to $0.495 on Friday, down 36% from its May peak and 86% from its high last year. The sharp decline has dragged its market capitalization from $4.6 billion in September to $958 million. The decline came even after developers announced that Legends of Elumia had migrated to the Immutable network from Ronin. This is notable, as Legends is a fast-growing title acquired…

Stocks are in recovery mode after the latest jobs report beat expectations, while Tesla regained some of its losses. U.S. stock indices rebounded on Friday, June 6, following stronger-than-expected jobs data. The Dow Jones rose 300 points, or 0.7%, while the S&P 500 gained 0.75%. At the same time, the tech-heavy Nasdaq climbed 0.97%, with major indices buoyed by encouraging figures on U.S. employment. According to Friday’s report, U.S. employers added 139,000 new jobs, lower than the revised April figure of 147,000 but still ahead of expectations. Meanwhile, the unemployment rate held steady at a relatively low 4.2%. Overall, the…

Binance Research highlighted several major developments that suggest that crypto is breaking into mainstream finance. Crypto is no longer on the fringes of the financial world. On Friday, June 6, Binance Research released its weekly report, emphasizing that crypto is becoming increasingly integrated with traditional finance. Still, it noted that crypto was among the hardest-hit market segments last week, largely due to political turmoil. Both Bitcoin (BTC) and Ethereum (ETH) entered negative territory this week, weighed down by the public split between Donald Trump and Elon Musk. Their public arguments have significant implications for crypto, as Musk has been a…

Social media platform X has selected Polymarket as its prediction market partner, heralding a new growth chapter for the decentralized predictions marketplace. X, owned by tech billionaire and Tesla chief Elon Musk, announced the partnership with Polymarket on June 6, 2025, noting the development via its account on the platform. Polymarket, which attracted headlines during the 2024 U.S. election, is a blockchain protocol that founded by Shayne Coplan and launched in 2020. It offers users access to various predictions on real world events. Traders can bet on any topic on the decentralized prediction market with cryptocurrency. Meanwhile, X has increasingly…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyst sees Ethereum hitting $10k, Tron surging to $1.2; Unilabs Finance gains traction with $2.3m ICO and $30m AUM. A top analyst has discovered a pattern that could propel the Ethereum price to $10,000. Also, the Tron price is expected to surge to $1.2 as user activity on its blockchain explodes.  Meanwhile, the spotlight is now shifting toward Unilabs Finance (UNIL) for blending AI and smart investing. Its debut in the crypto space has been terrific: $2.3 million raised…

XRP XRP witnessed a big rally in December 2024 and prices continued to provide smaller pumps in Q1 2025 as well. However, since then the price of XRP has been range bound. Bulls believe a new all-time high is around the corner, while bears are of the opinion that the vertical pump witnessed in late 2024 will be retraced very soon. Let’s find out which scenario is more probable in this XRP price prediction. Currently ranked at the 4th position with a market cap of $130 billion, XRP (XRP) has enjoyed a decent bull run so far with prices reaching…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI ends presale after raising $21m, launching Bonus Round at $0.007 amid surging demand and market traction. Lightchain AI has completed its full presale, making waves in the market and surprising many speculators. With all 15 stages successfully closed, the Bonus Round is now live at a fixed price of $0.007, bringing the total funds raised to nearly $21 million.  This isn’t just buzz — it’s evidence of strong demand and precise execution. While projects like Aptos wait…

Shiba Inu had a short-lived bounce in May 2025, but it’s back on the decline this June. Could the tide turn for SHIB this month? Is Shiba Inu a good investment? Let’s explore the possibilities in our Shiba Inu June price prediction. What is Shiba Inu? Shiba Inu (SHIB) is a meme-based cryptocurrency that features the Shiba Inu dog breed as its mascot. Beyond its playful branding, SHIB is part of a broader ecosystem that includes additional crypto tokens, the decentralized exchange ShibaSwap, and its own layer-2 blockchain network known as Shibarium. Launched on July 31, 2020, by an anonymous…

U.S. jobs growth in May was in line with expectations, suggesting that the Fed may keep rate cuts on schedule. Despite earlier expectations, U.S. jobs data was not the major crypto market mover this week. On Friday, June 6, U.S. hiring slowed, with employers adding 139,000 new jobs. While this figure was lower than the revised 147,000 for April, it was still slightly above the forecasted range of 125,000 to 130,000. U.S non-farm payroll monthly change, seasonally adjusted | Source: BLS At the same time, the unemployment rate remained at 4.2%, a relatively low figure for the metric. Notably, government…

The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower. 1. Profit taking Bitcoin (BTC) and most altcoins pulled back due to profit-taking among investors after the recent rally. BTC had climbed roughly 50% from its April low to its May high. Similarly, Ethereum jumped 100% from its April lows to the highest point in May. Many smaller coins, including Dogwifhat and Fartcoin, were up over 300%. It…