Author: John Smith
On June 11, 2025, the May Consumer Price Index was released. Inflation is 2.4% (up 0.1%), which is below the predicted rate of 2.5%. Again, the U.S. officials are calling for interstate rates to be cut. How realistic is that call, and will crypto charts respond to May’s CPI? New data The Bureau of Labor Statistics reported a May CPI rate of 2.4%, 0.1 percentage points down from April’s 0.2% inflation growth. It reveals that inflation continues to grow, albeit at a slower pace. It is the lowest yearly growth since February 2021. Economists had predicted a 0.2% increase, so…
Dogwifhat has started to show signs of exhaustion after a strong rally, now trading below critical resistance and volume levels. Price action is beginning to suggest a deeper corrective move may be underway before any significant bullish reversal can materialize. After failing to break above a high-timeframe resistance zone, Dogwifhat (WIF) has begun to correct, signaling a potential rotation toward deeper support levels. The asset was rejected from the value area high, triggering a swing failure pattern. Price has since slipped below the point of control and the 0.618 Fibonacci retracement, both of which align with the weekly support/resistance flip…
Ant International is accelerating its global pivot with plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. Ant International — the global arm of Jack Ma-backed Ant Group Co., an affiliate of Alibaba Group and operator of the world’s largest digital payment platform Alipay — is preparing to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. The move is part of the fintech giant’s strategy to expand its blockchain-powered cross-border payments network, unidentified sources familiar with the matter told Bloomberg. A company spokesperson confirmed that Ant will seek a fiat-referenced stablecoin issuer license in Hong…
Binance is launching a retroactive airdrop for active BNB holders with no new activity needed. Binance has announced the 22nd project in its HODLers rewards program: the DeFi App (HOME). The airdrop will distribute 200 million HOME tokens to BNB holders who previously used Simple Earn or other on-chain yield programs. The airdrop is retroactive and applies to users who interacted with yield products on Binance between June 6 and June 9. Distribution begins on June 12, after which the token will transition from Binance Alpha to the main exchange. According to its developers, the HOME token, also known as…
Bitcoin has dominated headlines for years, smashing price records and cementing itself as a leading global asset. Yet barely anyone seems to be Googling it anymore. According to recent Google Trends data, global search interest for “Bitcoin” (BTC) has dropped to its lowest point in five years, even as the asset trades at an impressive $107,000, just shy of its all-time high. Historically, big price surges in Bitcoin have gone hand-in-hand with public curiosity, especially during headline-making rallies. But this time around, the internet seems unusually quiet, and there may be several reasons for it. Google Trends chart showing declining…
Tether Investments recently acquired 31.9% of Elemental shares from La Mancha investments in a private deal. Elemental is a gold mining firm listed in Canada. According to a recent press release, the investment arm of the stablecoin issuer acquired a substantial amount of Elemental Altus Royalties shares from La Mancha Investment. The agreement signed on June 10 revealed that the firm has acquired a total of 78.4 million shares belonging to the Canadian-based company. The investment is meant to expand on the firm’s real-world holdings, expanding on its gold-backed digital asset XAUT (XAUT). Elemental Altus Royalties offers Tether (USDT) exposure…
Criminals are using in-person crypto events to launch phishing campaigns and impersonation scams, Kraken warns. By now, it’s no secret that crypto is becoming mainstream, and with it, a bigger target. From Dubai’s skyline to Singapore’s high-tech halls, crypto conferences have exploded in size and scope. But amid the panels and pitches, Kraken‘s chief security officer Nick Percoco warns of a troubling pattern: people in the space may be letting their guard down at the exact moment they should be more alert. “Personal security hygiene at crypto conferences has taken a back seat,” Percoco wrote in a blog post. His…
Alchemy Pay has partnered with Backed to launch tokenized stocks and ETFs on its RWA platform, allowing non-U.S. users in 170+ countries invest in top global equities and ETFs in their local fiat currencies. Alchemy Pay, the leading fiat-crypto payment gateway, just announced that it has partnered with equity tokenization firm Backed. Through this partnership, Alchemy Pay will integrate Backed’s xStocks into its RWA platform, enabling non-U.S. users to buy tokenized versions of major equities as well as exchange-traded funds using their local fiat currencies. Backed issues xStocks as permissionless tokens pegged 1:1 to the value of real-world assets they…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. High fees and hidden charges still plague the crypto space, but these five exchanges prove that low costs don’t have to come at the expense of quality. If there’s one recurrent complaint arising from crypto enthusiasts, it’s high fees and hidden charges on crypto exchanges. Not only does this issue of overcharging dissuade traders from engaging effectively with the services on platforms, but it also erodes the trust that platforms work so hard on building. This is perhaps one…
The Japanese fashion retail brand ANAP has made another Bitcoin purchase of 27.5 BTC, bringing its total holdings to around 153.4 BTC. It is only two months away from its 1,000 BTC target. In a translated notice, the apparel brand announced that it has spent $2.9 million worth of company funds to boost its growing Bitcoin (BTC) Treasury. On June 12, the retail firm bought 27.5031 BTC with a total investment of ¥432,716,235. The company’s latest purchase brings its total holdings up to 153.462 BTC, which is worth approximately $16.4 million based on current market prices. Just a day prior,…