USD1 stablecoin, an asset associated with World Liberty Financial (WFLI), is set to go multi-chain through its latest integration with Chainlink. Already tagged as the fastest stablecoin to grow from a $0 valuation to $2 billion, the new integration will help expand its reach to new users and institutions in the industry. USD1 has been making headlines recently amid a growing trend around stablecoin evolution in the United States. World Liberty Financial and the Chainlink Deal According to the announcement, the collaboration between both entities will see USD1 utilize the Chainlink Cross-Chain Interoperability Protocol (CCIP). Specifically, it will be used for secure data feeds and for bridging from one blockchain to another. Earlier this month, USD1 ranks as top 5 in the stablecoin world, a feat it achieved within months of its launch. The adoption of the token by both retail and institutional investors has seen it launch on top… Read More at Coingape.com
Tesla and X owner Elon Musk has triggered a once-in-a-while parabolic rally for frog-themed memecoin, Kekius Maximus (KEKIUS). This token was created by the billionaire’s followers, who generally track his profile changes on social media platforms. The token was created last year when the Tesla founder first changed his X profile name to Kekius Maximus. This action generally fuels a rapid price breakout for associated tokens. The Elon Musk and Kekius Maximus Link After months, he changed the profile name, the billionaire once again reinstated it, a move many considered a shoutout for the memecoin. Notably, different token variants were created the first time Elon Musk updated his profile photo with the name. One of the variants with the biggest liquidity is KEKIUS. According to data from CoinMarketCap, this token has jumped by 119% in 24 hours to $0.0502. This surge is unusual, as the token maintained an average price… Read More at Coingape.com
XRP price dips 3% to $2.41 as a US District Judge Analisa Torres overrule Ripple $125 settlement fine against Ripple. With derivatives traders taking on a cautious stance, can XRP defend the $2 support in the days ahead? XRP Finds Support at $2.40 US Judge Upholds $125M Fine on Ripple Ripple (XRP) slipped by 3% on Friday, trading as low as $2.37 following a negative legal development that reignited concerns over regulatory uncertainty. The current bearish blow on XRP price comes after U.S. District Judge Analisa Torres rejected a proposed $50 million settlement between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), affirming a prior $125 million penalty and an injunction on future securities violations. XRP Price Action, May 16, Source: Coingecko Despite Ripple’s intention to appeal court’s decision to effectively raise the settlement fine from $50 million to $125 million, XRP traders showed negative reaction over the… Read More at Coingape.com
Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into the limelight for its projected 18900% surge. This article discusses ADA’s outlook and goes over why Rexas Finance is considered one of the upcoming altcoins in the current bull cycle.
Cardano is still garnering interest as a leading Layer-1 blockchain solution. ADA currently stands at $0.615 as of April 17, 2025, meaning it has gained little daily movement but has been in a slight weekly decline. Even though there had been some fluctuations in the stock prices recently, analysts are still optimistic. From the technical perspective, trends highlight Cup-and-Handle formation on two technical indicators. This pattern usually implies a continuation of the trajectory in the higher levels in case of support levels are retained.
Currently, the 100-week Exponential Moving Average can be considered as a support level and prevent the decline anymore. However, Cardano is still a rather emerging ecosystem, having the total value locked in the amount of about $300 million. This has caused discussion among the investors about the level of interaction and deployment of dApps by the developers. Still, new applications such as the BitcoinOS, which is yet to be implemented, could help boost more users and hence demand.
Rexas Finance Emerges as a Promising ADA Alternative
As ADA bounces back, Rexas Finance (RXS) is slowly establishing itself as a formidable player in the altcoin market. It is a platform for the tokenization of the identification of real-world assets (RWAs), such as real estate, arts, or commodities. It also has its tools, such as the Rexas Token Builder and Rexas Estate, where users can tokenize physical assets while using blockchain technology.
As of now, RXS is currently in PRESALE Stage 12, with the funds raised slightly over $47.6million and more than 461 million tokens sold. It has an almost six-fold increase during the presale and intends to list at $0.25 upon its launch. Based on market momentum, token utility, and innovative exchange listings, experts anticipate an 18900% upside potential in trading prospects.
Milestone Alert!
Rexas Finance has successfully raised $47.6 Million!
With the ever expanding RWA market, which is expected to grow to $16 trillion by 2030, Rexas Finance connects with both retail and institutional agents. Its tokenization strategy is about making it easy to invest in global assets through the use of tokens that are fractions.
Adoption and Innovation Drive Future Growth for Cardano and Rexas Finance
Cardano’s long-term viability and sustainability are still heavily reliant on the growth of its ecosystem and the expansion of its user base. While it is firmly grounded in research, ADA requires more developer participation and practical applications to maintain its utility. Digital identity and DeFi in the regions which are still untapped represent one of the biggest opportunities for the platform.
New additions like zero-knowledge proofs and cross-chain services likely to introduce new competitors in Layer-1 solution, price prediction ADA Cardano estimate to reach between $1.20 and $3.15 in 2025. Moreover, Rexas Finance will launch on June 19 and enable users to work in seven spaces namely, DeFi, GenAI, and Launchpad with cross-chain capabilities. Now, with CertiK as its auditor and allowed token distribution for presale is 80 % while 20 % for staking, Rexas aims to solve real-world asset problems with safe and backed solutions.
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Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into …
eToro’s Yoni Assia Joins Squawk Boxto unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood.
Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring move eToro, led by CEO Yoni Assia, pulled off in the early 2010s, well before crypto fever grabbed the world.
In a recent CNBC interview, Assia spilled the details on eToro’s early gamble, a story of foresight, fortune, and a boardroom decision that still stings.
‘Bitcoin is Not Our Business’, eToro Board
eToro dove into crypto when it was an unknown territory. “We were very early,” Assia said, recalling how the company’s treasury snagged Bitcoin at $5, only to watch it rocket to $50,000.
The board, wary of straying from eToro’s core, forced a sale at $50 million as they cleared that Bitcoin is not their business area. Assia, with a sneaky grin, hinted he might’ve “fired” those cautious board members.
eToro’s Nasdaq Sees $192M Profit, Crypto Fuels 25% of Trades
This week, eToro hit a major milestone, listing on Nasdaq after shelving a 2021 SPAC plan. Patience paid off: 2024 saw $192 million in net income, with crypto driving $12 million. Crypto trading now fuels 25% of eToro’s business, up 10% from last year, with over 130 digital assets offered globally.
Vitalik’s eToro Connection
eToro’s crypto cred runs deeper. Ethereum’s Vitalik Buterin once worked from their offices before launching his blockchain revolution, a nod to eToro’s early clout. This only highlights how early eToro was in crypto before the big fintech firms roped in.
It felt like eToro entered Bitcoin in its early stage, only to fumble it. However, it could not be part of their core investment strategy.
Crypto’s Lasting Impact
Assia remains steadfast: “Crypto is here to stay.” While stocks now drive 75% of revenue, and keep a quarter for digital currency trading. From a $5 Bitcoin bet to Nasdaq’s bright lights, eToro’s journey reflects crypto’s meteoric rise, and its story is far from over.
In a Nutshell
Yoni Assian’s eToro bought Bitcoin for $5 in its initial days, only to sell it at $50,000. Well, the board members, specially eToro may still feel like it was a bad move and should have HODL.
Nevertheless, with some top crypto leaders like Changpeng Zhao seeing Bitcoin cross $1M in the coming years, will Yoni’s eToro consider making a fresh start?
The post eToro CEO Reveals $5 Bitcoin Buy and $50M Exit – Here’s the Wild Story appeared first on Coinpedia Fintech News
eToro’s Yoni Assia Joins Squawk Box to unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood. Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring …
DeFi Development currently holds over 609k Solana with more than $107 million.
Following the announcement, DFDV stock rallied over 50% on Friday to trade at about $138.
DeFi Development Corp. (NASDAQ: DFDV), formerly known as Janover but shifted its focus solely on the Solana (SOL) network, announced a strategic partnership with the Bonk (BONK) memecoin project. According to the announcement, DeFi Development and Bonk memecoin will work together as a validator to operate a Solana node.
The two entities intend to share the rewards earned from running the Solana node. As a result, DeFi Development Corp will continue to accumulate more SOL coins. On the other end, BONK memecoin will earn more rewards in securing the Solana network and expand the use case for BONKSOL.
“This validator partnership is a natural next step in BONK’s mission to empower our community and accelerate the adoption of Solana,” Nom, Core Contributor at BONK, noted. “By teaming up with DeFi Dev Corp., we’re not only reinforcing the decentralized infrastructure of Solana but also creating a new standard for how community tokens can scale and sustain their ecosystems.”
Market Impact of Strategic Partnership Between Bonk and DeFi Corp
The strategic partnership between Bonk and DeFi Development Corp will play a crucial role in the long-term growth of the Solana network and the respective projects. As for the Solana network, more adoption by institutional investors will increase its overall liquidity and credibility amid the mainstream adoption of digital assets.
As for DeFi Development Corp, the shareholders will significantly benefit from the rewards of jointly running the Solana validator node. Furthermore, DeFi Development Corp has relentlessly accumulated more SOL coins to currently hold about 609,190 coins, worth about $107 million.
Following the announcement, DFDV stock rallied over 50 percent in the last 24 hours to trade at about $138.77 on Friday, May 16, during the mid-North American trading session.
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DeFi Development currently holds over 609k Solana with more than $107 million. Following the announcement, DFDV stock rallied over 50% on Friday to trade at about $138. DeFi Development Corp. (NASDAQ: DFDV), formerly known as Janover but shifted its focus solely on the Solana (SOL) network, announced a strategic partnership with the Bonk (BONK) memecoin …
The Chainlink network has attracted first-level investment from traditional financial institutions in the recent past.
The integration of USD1 with Chainlink will increase the global adoption of LINK tokens.
World Liberty Financial (WLFI), a well-funded DeFi protocol backed by U.S. President Donald Trump, announced a strategic partnership with Chainlink (LINK) network to enhance the mainstream adoption of its recently launched stablecoin dubbed USD1.
Following the collaboration, the World Liberty Financial project will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable a secure and seamless transfer of USD1 across different chains.
“Chainlink’s battle-tested infrastructure delivers the institutional-grade security and extensive reach needed to deliver USD1 into the hands of millions across a growing number of active, on-chain ecosystems. WLFI’s partnership with Chainlink will accelerate and improve USD1’s utility for cross-border payments and will result in truly useful applications across DeFi and traditional finance,” Zach Witkoff, co-founder of World Liberty Financial, noted.
Previously, World Liberty Financial had collaborated with the Chainlink network to provide reliable data feeds to its AAVE V3 instance.
Market Impact of the Collaboration Between Chainlink and WLFI
The collaboration between the Chainlink network and the WLFI protocol will play a crucial role in the mainstream adoption of LINK tokens. Moreover, the WLFI protocol will enhance the established credibility of the Chainlink network for more institutional investors.
Earlier on Friday, the Chainlink network announced that the Fluid protocol has adopted its CCIP and cross-chain token (CCT) standard to enable the seamless transfer of assets across Ethereum, Base, and Arbitrum.
The rising adoption of the Chainlink products will have a long-lasting impact on LINK price action. The large-cap altcoin, with a fully diluted valuation of about $15.9 billion and a 24-hour average traded volume of around $477 million, rallied over 30 percent in the last four weeks to trade about $15.9 on Friday, May 16 during the late North American trading session.
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The Chainlink network has attracted first-level investment from traditional financial institutions in the recent past. The integration of USD1 with Chainlink will increase the global adoption of LINK tokens. World Liberty Financial (WLFI), a well-funded DeFi protocol backed by U.S. President Donald Trump, announced a strategic partnership with Chainlink (LINK) network to enhance the mainstream …
Musk has indirectly promoted dozens of memecoins amid the golden age of crypto assets in the United States.
Launched five months ago, KEKIUS enjoys a strong community and significant liquidity.
Elon Musk changed his X handle to Kekius Maximus again on Friday, May 17, 2025, thus indirectly promoting Ethereum (ETH)-based memecoin KEKIUS. At the tail end of 2024, Musk changed his X handle to Kekius Maximus and used an image of Pepe, a frog dressed in a gladiator costume.
As a result, KEKIUS memecoin was born earlier this year on the Ethereum and Solana networks. During the first time that Musk changed his X handle to Kekius Maximus, KEKIUS price surged over 900 percent and surpassed a market cap of $380 million.
Following the move by Musk to change his X handle to Kekius Maximus, the price of KEKIUS memecoin surged over 100 percent on Friday to trade at about $0.055 at the time of this writing. The small-cap memecoin, with a fully diluted valuation of about $55 million and a 24-hour average traded volume of about $37 million, confirmed a bullish breakout potentially towards its all-time high.
Moreover, the Ethereum-based memecoin has received significant attention from speculative crypto traders, currently amounting to over 26k on-chain holders. Additionally, the KEKIUS team has pooled over 452 WETH, currently worth about $1.16 million, to provide liquidity on different DeFi protocols.
Most importantly, KEKIUS memecoin has already been listed by top-tier crypto exchanges led by Gate.io, and MEXC, among others. As a result, KEKIUS price is well positioned to rally exponentially in the coming months, especially amid the rising calls for an altseason.
The post Elon Musk Changes His X Handle to Kekius Maximus: KEKIUS Price Surges 108% appeared first on Coinpedia Fintech News
Musk has indirectly promoted dozens of memecoins amid the golden age of crypto assets in the United States. Launched five months ago, KEKIUS enjoys a strong community and significant liquidity. Elon Musk changed his X handle to Kekius Maximus again on Friday, May 17, 2025, thus indirectly promoting Ethereum (ETH)-based memecoin KEKIUS. At the tail …
Pi Network (PI) is under mounting pressure as technical indicators and community sentiment become increasingly bearish. Despite a 23% gain over the past week, PI has plunged 44% in just four days, falling below the $1 mark following backlash over its $100 million fund launch.
Indicators like the Ichimoku Cloud and BBTrend show fading momentum, with no signs of a reversal. PI may remain vulnerable to further downside if key resistance levels are reclaimed and buying pressure returns.
PI Struggles Below Cloud as Bearish Momentum Persists
The Ichimoku Cloud chart for Pi Network (PI) shows signs of ongoing weakness following a sharp decline. Price action is below the Kijun-sen (red line) and close to the Tenkan-sen (blue line), indicating that short-term momentum remains bearish.
The recent candles also interact with the lower boundary of the Kumo Cloud (green/red shaded area), showing hesitation in regaining upward traction.
The Chikou Span (green lagging line) is now positioned below the price candles, further reinforcing a bearish outlook.
Despite the current consolidation near the cloud’s edge, there’s no strong signal yet of a reversal. The leading span lines that form the Kumo ahead are flat and slightly downward-sloping, suggesting limited bullish support in the near term.
For sentiment to shift, PI must break decisively above both the Kijun-sen and the cloud, confirming a potential trend reversal.
Until then, the chart favors caution, with bears still holding the upper hand.
Pi Network Trend Strength Collapses as BBTrend Falls to 10.63
Pi Network’s BBTrend indicator has sharply declined to 10.63, after peaking near 48 just two days ago and dropping to 32 yesterday.
The BBTrend (Bollinger Band Trend) measures the strength of a price trend by comparing the width of Bollinger Bands to price volatility.
Higher values typically reflect strong trending behavior—either bullish or bearish—while lower values suggest sideways movement or weakening momentum.
At 10.63, Pi’s BBTrend suggests the asset may enter a neutral phase, where volatility contracts and price could range without clear direction unless a new breakout or breakdown develops.
Community Backlash Grows as Pi Network Drops Below $1 After Fund Launch
Following the announcement of its $100 million Pi Network Ventures fund, Pi Network is facing growing pressure from both its community and the market.
Despite launching the initiative to boost ecosystem growth and real-world adoption, critics argue that the project has failed to deliver on key promises—such as launching 100 decentralized apps (DApps), timely KYC processes, and referral rewards.
Many Pioneers see the fund as a distraction from unresolved issues, especially since applications are collected via a simple Google Form. Market sentiment reflected this frustration, with PI’s price dropping below $1 and falling 44% over the last four days.
Technically, PI’s indicators support the bearish outlook. Momentum signals like the DMI and CMF show declining strength and increased distribution, while the EMA lines are tightening and hinting at possible death crosses.
Even though PI has been up 23% over the last seven days, the recent price action suggests a loss of confidence and potential for further downside.
If the token fails to hold the key $0.80 support level, it could decline toward $0.57—but if momentum returns, a breakout above $0.94 could open the path to $1.30 or even $1.67.
Made in USA coins are drawing attention heading into the weekend, with five standout tokens leading the charge: EOS, ONDO, SUI, KAS, and EIGEN. EOS surged nearly 7% following a controversial $3 million purchase by World Liberty Financial, while ONDO remains a major RWA player despite short-term volatility.
SUI continues to ride momentum from its meme coin and DEX activity, and Kaspa (KAS) shows strong upside potential with a possible golden cross forming. Meanwhile, EigenLayer (EIGEN) is facing a sharp pullback but still holds bullish signals if support levels can hold.
EOS
EOS is up nearly 7% in the last 24 hours, sparked by World Liberty Financial’s surprise $3 million purchase of the token. The move has stirred controversy across the crypto community, especially given WLFI’s recent $125 million loss from allegedly selling ETH at a local bottom.
While some have raised concerns about potential market manipulation, there’s currently no hard evidence of foul play. EOS, which has spent much of the past year trading below $0.50, briefly surged over 9% following the news, reigniting interest in a project many considered dormant.
Technically, if bullish momentum persists, EOS could break above the key resistance level at $0.88. A clear breakout there may open the door for a run toward the psychological $1 mark.
However, if sentiment shifts and the rally fades, EOS could retest support at $0.663. A break below that would likely trigger further downside, potentially dragging the token back toward the $0.58 region.
Ondo Finance (ONDO)
Real-world asset (RWA) tokenization is gaining serious momentum. The sector reached an all-time high of $22.5 billion, up 5.87% in the last 30 days.
Private credit accounts for $13.1 billion of the total, highlighting growing institutional interest in bridging TradFi with blockchain infrastructure.
Amid this surge, ONDO has emerged as one of the largest players in the RWA space, despite its token price slipping over 3% in the past 24 hours. Still, ONDO is up 16.2% over the last month, reflecting sustained investor confidence in the narrative.
Looking ahead, if bullish sentiment returns, ONDO could test resistance at $1.04. A breakout above that level may push the price toward $1.20.
However, if the correction deepens, the token faces key support levels at $0.86 and $0.819.
Should the downtrend accelerate, ONDO may fall further to $0.73 or even $0.663, making short-term price action heavily dependent on whether the broader hype around RWA and Made in USA coins continues or fades.
SUI
SUI has been gaining traction in recent months thanks to its growing meme coin ecosystem and expanding DEX infrastructure.
While its DEX volume surged 36.7% over the past week, it recorded the smallest increase among the top eight chains and currently ranks sixth in total DEX volume.
Despite this, market interest remains strong, with SUI up 83% in the last 30 days—though it has cooled slightly, slipping 1.25% over the past week.
Technically, SUI’s EMA lines still indicate bullish momentum.
If buyers regain control, the token could test resistance at $3.89, and a breakout there may open the path toward $4.24.
On the downside, if SUI fails to hold support at $3.63, the next targets are $3.27 and potentially $2.92 in the event of further selling pressure.
Kaspa (KAS)
Kaspa (KAS) has delivered strong performance recently, climbing 18.5% in the last seven days and 56.7% over the past month. Its market cap now stands at $3.17 billion, even as 24-hour trading volume has dipped by 20% to $99.38 million.
EMA indicators suggest a potential golden cross formation, which could signal further upside. If momentum continues, KAS may test resistance at $0.155, and a successful breakout could push the price toward $0.188, making it one of the most interesting Made in USA coins for the weekend.
However, if the trend weakens, key support levels lie at $0.114 and $0.103. Losing those could trigger a deeper correction, with downside targets as low as $0.082.
Eigenlayer (EIGEN)
EigenLayer (EIGEN) has seen mixed price action this week—up 16% over the past seven days, but down 11% in the last 24 hours alone.
The recent drop pushed its price below $1.40 and dragged its market cap under the $400 million mark, signaling a potential cooldown after last week’s rally.
Despite the pullback, EIGEN’s EMA lines remain in a bullish formation. If the downtrend continues, the token may test key support at $1.22, with further downside possible toward $1.084 if that level fails.
However, if EigenLayer regains its prior momentum, it could retest resistance at $1.49, and a breakout there may pave the way for a move toward $1.63.
Milestone Alert! 
