
PENGU Breaks $2B Market Cap amid Massive Partnership Announcement
Pudgy Penguins’ token PENGU gained over 12% following the Asia merchandise deal announcement and gaming expansion.
Pudgy Penguins’ token PENGU gained over 12% following the Asia merchandise deal announcement and gaming expansion.
The BigONE exchange didn’t just fall victim to a hack, but has also been accused of processing illegal funds.
During the House’s “Crypto Week,” internal Republican discord halted progress on three pivotal crypto bills over demands to ban central bank digital currencies.
Shiba Inu climbed 2% to $0.000014, its highest level since May, driven by Ethereum’s 16% weekly surge. On-chain data shows average transaction size increased 350% in ten days, indicating growing trader confidence and larger bet sizes.
Ripple’s XRP maintains sideways movement near $2.90 following an impressive eight-day rally, with new California government partnerships potentially setting up the next breakout phase.
Chainlink and the Blockchain Association introduced a comprehensive evaluation system measuring each US state’s blockchain and cryptocurrency policy advancement across six key categories.
Fidelity’s custody arm, National Financial Services, recently secured a 12.9% stake in Metaplanet, after it acquired 84.4 million shares, worth approximately $820 million.
Crypto liquidations totaled $469 million, with 125,578 traders affected as Bitcoin, Ethereum, Solana, and Dogecoin entered the spotlight.
Ahead of the June CPI report, the crypto market is showing volatility, with Bitcoin retreating 5% from its $123,000 all-time high.
Solana’s RWA ecosystem has surged 140% year-to-date, with Ondo’s USDY capturing nearly 42% of the market.
As Bitcoin trades near new all-time highs, an increase in whale activity and massive profit-taking suggest the market may be nearing a critical inflection point.
Standard Chartered has become the first globally systemically important bank to offer spot Bitcoin (BTC) and Ethereum (ETH) trading to institutional clients.
Ripple Labs is expanding its presence in the European market with its RLUSD stablecoin.
As Ethereum crossed $3,000, institutions like Bit Digital and Tom Lee’s BitMine are ramping up their ETH treasuries.
With the BTC price pullback from the all-time highs, market analysts remain divided on the next Bitcoin trajectory, either to $135K or $50K.