Crypto News

The Foundation, in its wisdom (or perhaps desperation), will stash away a small fortune—equivalent to 2.5 years of expenses, no less. A cozy cushion against the unpredictable chaos of Ether’s unpredictable dance. This buffer is their magic carpet—designed to carry Ethereum’s core projects comfortably through the tempest, even when the wind is howling. The aim? To keep the funding flowing, come market crashes or crypto earthquakes—because who needs a rollercoaster without safety restraints?

Meanwhile, the price of Bitcoin took a nosedive, slipping from a lofty $104,800 to a modest $103,800—hardly a descent from the heights of Mount Olympus, yet enough to merit a minor recovery and a few red candles that flickered like candlelit shadows in a forgotten corridor. The scene was more of a slow, creeping decline than a sudden explosion—no fireworks, just a somber procession of red candles whispering tales of selling pressure, not volatility’s wild shot. 📉🔥

Our beloved Doge has decided to take a nosedive, slipping 1.52% since yesterday. Perhaps it’s tired of all the hype—who can say? Maybe it just wants a nap before the next plunge. 💤

Meanwhile, the grand CoinDesk 20 — the boys and girls who got the biggest market cap and snubbed memecoins like they’re last season’s fashion — are down 1.7%, arguably trying to hide from the storm. Truly, it’s a lesson in how markets love to keep us on our toes (or on the floor). 😅

As if that wasn’t enough excitement, Bitcoin soared to a new all-time high in May, reaching a jaw-dropping $111,970 on the 22nd. Meanwhile, traders panicked and liquidated nearly a billion dollars — because what’s life without a little drama? The U.S. and U.K. trade talk sparked this chaos, but sure, let’s blame it on the markets. 💥

They say the exchange preserves a perfect 1:1 reserve of these tokens—like a miser guarding his last ruble—so that the illusion may please the masses. And lo, the tokens, cbXRP and cbDOGE, now dance across chains, performing feats of cross-network magic, allowing adventurers to frolic with their tokens on Base. Market whispers tell of 10.4 million cbDOGE, worth nearly $2 million, and 2.3 million cbXRP, strutting around with a value exceeding five million—because what’s money if not a game of pretend? 💸

TRM Labs, those nice folks who spy on blockchain stuff, say these platforms are creeping out of the digital woodwork! Despite all the fancy bans on May 13, Huione and Xinbi are back with a vengeance—just in slightly fancier outfits. Imagine thinking you shut down a crime ring, only for it to pop up next door in a different channel. Classic! 🤷‍♀️

On a fateful Wednesday, June 4, 2025, the valiant US Attorney’s Office for the Eastern District of Virginia announced its crack team’s assault on the darknet den known as BidenCash. This digital den of iniquity trafficked in stolen credit cards, personal secrets, and all manner of shady deals that would make even the most hardened thief blush.

The recent conduct of Bitcoin (BTC), marked by subdued volatility and waning trading volume, might tempt some to declare weakness, but such is perhaps the very guise of sophistication—like a poised lady showing her gentle, unwavering composure before a grand ball. Instead, the technical architecture and the support dynamics suggest a poised coiling, as if the coin were a spring overly stretched in anticipation of a dramatic release. Price remains assertively above what are deemed the critical support zones, and evidence of accumulation hints at a storm brewing behind the scenes—ready to burst forth with vigour, quite possibly in a manner most surprising. Truly, one must keep an eye on that peculiar behaviour of volume; its decline only too often precedes a most spirited breakout. 📈

Top analyst Ted Pillows—yes, that’s his real name, and yes, he’s probably taking the joke too far—noticed ETH making four green candles in a row over two weeks. Four! Just like Bitcoin did in 2020 after its epic wipeout in March. Back then, Bitcoin strutted off to $69,000 like a boss. Sound familiar? According to Ted, ETH and Bitcoin’s 2020 breakup story? Mind-blowing. Or just a bunch of trader wishful thinking. Either way, they’re watching close, because no one likes missing the next Big Bang. Well-timed, maybe, but macro risks still lurking like that one friend who always causes drama.