Nasdaq-listed Classover Holdings (NASDAQ: KIDZ) announced a massive $550 million SOL purchase with the goal of building its own Solana treasury reserve. As per reports, the firm has entered into an agreement with Solana Growth Ventures LLC with a $500 million securities purchase agreement via senior secured convertible notes. Soon after, the KIDZ stock saw a massive 40% upside on Monday. Classover Holdings Partners With Solana Growth Ventures As part of the initial closing, edtech firm Classover announced the signing of an $11 million convertible note financing agreement, a major stepping stone to build its SOL reserve. This financial agreement will allow noteholders to convert their holdings into Classover’s Class B common stock at a 200% premium over the stock’s closing price, just before the closing date. The move comes as the edtech firm navigates liquidity challenges. According to InvestingPro data, the company’s current ratio of just 0.02 highlights significant… Read More at Coingape.com
According to the latest reports from Reuters, the exchange had prior knowledge of the data breach but delayed public disclosure, sparking concerns about transparency and security practices. Coinbase suffered a major data breach last month, exposing sensitive customer information, including names, addresses, and phone numbers. Coinbase Hack: Prior Knowledge & Delayed Disclosure Raise Concerns In a surprising revelation, Reuters reported that Coinbase had prior knowledge of a customer data leak as early as January. This raises questions about the company’s delayed public disclosure. According to Coinbase’s SEC filing, the company was aware that contractors had accessed unnecessary data in the “previous months”. The company added that they didn’t know that it was part of the larger operation until they received an extortion demand on May 11. On May 15, as CoinGape reported, Coinbase revealed a significant hack that involved the stealing of personal information of high-profile users like Sequoia Capital’s… Read More at Coingape.com
Metaplanet stock price has continued to dominate the Tokyo Stock Exchange, surging another 21% today and hitting an all-time high of 1423 JPY. This surge follows the company’s announcement of a recent purchase of 1,088 Bitcoins, propelling it into the ranks of the top ten corporate Bitcoin holders. With this rally, the stock has surged an impressive 255% since the start of 2025. Metaplanet Stock Dominates Tokyo Stock Exchange While the Japanese bond market is facing a “Greece-like crisis”, investors of Metaplanet are having a gala period as the stock has gained 164% over the past month. Besides, with its consistent Bitcoin purchases, the firm is dominating the Tokyo Stock Exchange, clocking the largest trading volumes while beating out the top firms in Japan. As Japan’s stock and bond market looks fragile, investors are finding a safe haven in Metaplanet, which serves as a Bitcoin proxy bet. Furthermore, market analysts… Read More at Coingape.com
Ark 21Shares Bitcoin ETF (ARKB) will undergo a 3-for-1 share split, effective from June 16, in order to make funds more accessible to investors, announced 21Shares, one of the world’s largest issuers of crypto exchange traded funds (ETFs). In a statement released on Monday, 21Shares, a fin-tech giant, claimed that their recent step to split their stocks 3-for-1 will invite a “broader base of investors thereby enhancing trading efficiency. 21Shares clarified that their decision to spit their share 3-for-1, effective June 16, will not change their total net asset value (NAV) and the shares will continue trading under the ticker symbol ARKB. According to a report in Reuters, ARKB has gained almost 12% so far this year and nearly 27% quarter-to-date. It closed trading at $104.25 on Monday. 21Shares holds the largest suite of crypto ETPs and is one the leading provider of ETFs. ARKB is a physically backed Bitcoin… Read More at Coingape.com
The Solana Foundation has signed a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA) to collaborate on talent development, economic data sharing, and founder workshops. This partnership aims to support the growth of the Solana Economic Zone in Dubai, fostering innovation and building a strong blockchain ecosystem. Together, they plan to nurture local talent and provide resources to accelerate Solana-based projects in the region.
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The Solana Foundation has signed a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory Authority (VARA) to collaborate on talent development, economic data sharing, and founder workshops. This partnership aims to support the growth of the Solana Economic Zone in Dubai, fostering innovation and building a strong blockchain ecosystem. Together, they plan to nurture …
While the crypto market today has been ranging sideways, Ethereum has made decent moves both on its price chart and with news around its fundamentals. The altcoin’s on-chain health is displaying remarkable strength. Reportedly, the exchange balances have been dropping constantly and have now hit their 7-year low.
That’s not all, ETH-based ETFs have outrun the global crypto market’s ETFs with $321 million worth of inflows. In this analysis, we give you an overview of Ethereum holding $219 billion worth of capital and where the ETH price could head next in the short term.
Ethereum Secures $219 Billion?
According to Messari, Ethereum continues to dominate the blockchain landscape, securing $219 billion in total capital, the highest of any network. This capital spans stablecoins, applications, and tokenized assets, reinforcing the altcoin’s position as the foundational layer of Web3. The chart highlights how it dwarfs all other chains in economic weight, with more than double the secured capital of TRON and vastly more than Solana, Avalanche, and others.
Ethereum (ETH) Price Analysis:
Ethereum is currently trading at $2,601.69, up 4.44% in the last 24 hours. Its market cap has surged to $314.25 billion with a sharp increase in trading volume to $20.02 billion, a +51.83% rise highlighting renewed market activity. The 24-hour price range saw a low of $2,477.29 and a high of $2,649.85, reflecting growing bullish momentum.
The next key resistance lies between $2,750–$2,850. A decisive move above this range could open doors for a test of $3,000 in the near term. On the downside, ETH finds solid support between $2,260–$2,100, a zone where previous consolidations occurred. Given the current strength in both fundamentals and technicals, Ethereum appears poised for further upside, barring major macro headwinds.
The price of 1 ETH at the time of publication is $2,601.69 with a change of +4.44% since yesterday.
How significant are ETF inflows for Ethereum?
The $321M in ETF inflows signifies growing institutional demand and mainstream adoption of Ethereum as a long-term asset.
Why are Ethereum exchange balances dropping?
Investors are increasingly staking ETH in cold storage or staking, indicating long-term confidence and reduced sell pressure.
The post Ethereum (ETH) Price Analysis: Is $2,850 the Next Pitstop? appeared first on Coinpedia Fintech News
While the crypto market today has been ranging sideways, Ethereum has made decent moves both on its price chart and with news around its fundamentals. The altcoin’s on-chain health is displaying remarkable strength. Reportedly, the exchange balances have been dropping constantly and have now hit their 7-year low. That’s not all, ETH-based ETFs have outrun …
Dubai just gave Ripple’s new stablecoin a big win. The city’s financial regulator, the Dubai Financial Services Authority (DFSA), has approved RLUSD as a recognised crypto token for use inside the Dubai International Financial Centre (DIFC) — a move that will help Dubai’s push to position itself as a global hotspot for digital finance.
While regulators in the US and Europe are still tightening their grip on crypto, the UAE is moving in the opposite direction — welcoming new players and clearing a path for blockchain-powered financial services. Ripple’s RLUSD is the latest to benefit from this approach.
“This isn’t just about another stablecoin getting approved. It’s a sign of where the market’s heading — and Dubai wants to be at the centre of it. We built RLUSD for transparency and reliability, and this is an important step for our expansion in the region,” said Jack McDonald, Ripple’s Senior Vice President of Stablecoins.
Stablecoin use in the UAE has jumped 55% over the past year, as businesses look for faster, cheaper ways to move money. With over 7,000 firms now active in the DIFC, Ripple’s approval opens new doors for both local and international financial services.
XRP Price Gains 2%
XRP price has gained 2% in the last 24 hours and is trading at $2.20 at the time of writing. After hitting levels below $2.15, the token is showing some bullish strength. XRP should first reclaim the $2.23 mark to confirm a bullish reversal. Furthermore, catalysts like the recent RLUSD approval are expected to push the prices higher.
However, XRP has been trading between $2 and $2.50 in the last two months. It remains to be seen if June will bring back the bullish rally.
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Dubai just gave Ripple’s new stablecoin a big win. The city’s financial regulator, the Dubai Financial Services Authority (DFSA), has approved RLUSD as a recognised crypto token for use inside the Dubai International Financial Centre (DIFC) — a move that will help Dubai’s push to position itself as a global hotspot for digital finance. While …
Bitcoin continues to trade within a tight range, hovering above the $105,363.38 mark while struggling to break through the $108,000 resistance level. While the Bitcoin dominance has hit 64% since May, it signals a reversal is on the way for altcoins.
This period of consolidation has many investors watching closely, not just for Bitcoin’s next move but for signs that altcoin season may be near. According to Altcoin Daily analyst, this is the perfect setup: when Bitcoin stabilizes and dominance shows signs of reversing, altcoins historically begin to take off.
In their latest video, the analyst boldly claims that now is “your last chance” to become a crypto millionaire in 2025. The cycle is playing out predictably, and history suggests we’re nearing another explosive move.
Altcoin Season Coming: Here Are Top 5 Cryptocurrencies
VeChain (VET)
Analyst is highly bullish on VeChain due to its real-world use cases and partnerships in logistics and supply chain sectors. He emphasizes that VET remains undervalued and is still flying under the radar for many investors. With continued development and growing enterprise adoption, VET could experience explosive upside when the altcoin market heats up.
Solana (SOL)
The analyst sees Solana as a top-tier altcoin that is ready to break out. Despite previous setbacks, Solana has shown strong resilience, with growing network activity, NFT traction, and developer engagement. He believes SOL could be one of the best performers in the next altcoin wave.
Kaspa (KAS)
Kaspa stands out for its unique architecture, offering high-speed proof-of-work transactions with rapid confirmation times. Analyst notes that Kaspa’s community is expanding fast, and the tech behind it makes it a compelling play as demand for scalable and decentralized solutions grows.
Render (RNDR)
With the rise of AI and decentralized computing, Render Network is getting noticed. RNDR allows GPU power to be rented out in a decentralized way. Analyst sees this as a game-changing project, especially as AI and metaverse applications require immense compute resources.
Stacks (STX)
Stacks is leading the Bitcoin Layer 2 narrative. Analyst highlights its ability to bring smart contracts to Bitcoin, a feature that could unlock massive value. As Bitcoin adoption grows, STX could emerge as a critical layer for building dApps and DeFi on BTC.
As Bitcoin steadies, these altcoins could be gearing up for a major breakout.
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Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Top 5 Altcoins for 10x Profit in Crypto Bull Run 2025 appeared first on Coinpedia Fintech News
Bitcoin continues to trade within a tight range, hovering above the $105,363.38 mark while struggling to break through the $108,000 resistance level. While the Bitcoin dominance has hit 64% since May, it signals a reversal is on the way for altcoins. This period of consolidation has many investors watching closely, not just for Bitcoin’s next …
It’s been almost two weeks since Bitcoin hit an all-time high price. Meanwhile, the crypto market is at an important moment right now, and many traders are wondering what will happen next.
Data from Alphractal, a trusted crypto data platform, shows some interesting trends that suggest altcoins could be about to steal the show.
Interesting, Bitcoin dominance has just peaked at 64%. In the past, whenever Bitcoin dominance dropped from this level, altcoins had a huge rally, sometimes even 50x.
Altcoin Dominance Near Strong Support
Alphractal’s data shows that altcoin dominance, which excludes stablecoins like USDT and USDC, has dropped to 28.4%. This is getting close to a very important support area that’s been significant many times in the past.
Usually, when altcoin dominance sits around 24% to 25.3%, it’s a sign that altcoins are getting ready to rise again. These levels have always appeared at times when Bitcoin and stablecoins were leading the market and altcoins seemed forgotten.
But as soon as altcoin dominance reached this zone, altcoins quickly bounced back and took the spotlight.
Now that we’re approaching this support level again, it looks like altcoins could be ready for another big moment.
Excluding Ethereum Changes the Picture
There’s another chart that removes not only stablecoins but also Ethereum. This chart shows that altcoin dominance (without ETH and stablecoins) is at 18.92%. That’s very close to 18%, which has been a strong support level for years.
In the past, when this level was reached, Bitcoin’s dominance often fell, and altcoins started to grow again. This level has held strong even though there are now thousands of new altcoins on the market.
Bitcoin Hits 64% – Could Altcoins Be Next to Rise?
Bitcoin’s dominance just hit 64%, a level that has stopped it before. Crypto analyst CryptoElites has shared a chart showing that this resistance has always been a tough barrier for Bitcoin.
In both 2019 and 2021, Bitcoin’s dominance peaked and then dropped sharply. What followed was a wave of explosive altcoin rallies, with some coins gaining 50x or more.
Analyst chart suggests a similar setup is happening now, hinting that the next big altcoin season could be right around the corner.
Meanwhile, the altocin index currently sits at 22, reflecting a long way to go before the altcoin season begins.
The post Altcoin Season is Coming? Data Says the Next Big Crypto Rally is Near! appeared first on Coinpedia Fintech News
It’s been almost two weeks since Bitcoin hit an all-time high price. Meanwhile, the crypto market is at an important moment right now, and many traders are wondering what will happen next. Data from Alphractal, a trusted crypto data platform, shows some interesting trends that suggest altcoins could be about to steal the show. Interesting, …
Coinbase, one of the leading cryptocurrency exchanges, has officially included Ethena’s native token, ENA, in its listing roadmap.
The announcement led to a modest price increase of 8.6% in ENA during Tuesday’s early Asian trading hours.
Coinbase Adds ENA To Listing Roadmap
In a statement shared via X (formerly Twitter), Coinbase Assets confirmed the inclusion of Ethena (ENA). The post specified that the token’s ERC-20 contract address is 0x57e114B691Db790C35207b2e685D4A43181e6061.
Coinbase mentioned it would issue a separate announcement once these requirements are fulfilled, guaranteeing a smooth integration for traders. ENA now joins QCAD (QCAD) in Coinbase’s listing roadmap, although the list is not exhaustive.
“Transfers and trading are not supported for these or any other assets until a listing is officially announced. Depositing these assets into your Coinbase account before an official announcement may lead to permanent loss of funds,” the exchange stated.
Following the news, ENA’s price jumped from $0.312 to as high as $0.338, marking an appreciation of 8.6%. However, the gains generated by this announcement subsided shortly after. BeInCrypto data showed that ENA dropped to $0.329 at the time of writing.
The trading volume for ENA also surged. It reached $254 million in the last 24 hours, representing a 91.7% increase. This indicated heightened market activity and investor interest.
The timing of Coinbase’s announcement aligns with a critical moment for Ethena. Earlier on Monday, over 40 million ENA tokens, valued at approximately $12 million, were unlocked, raising concerns about a potential sell-off.
(@CoinbaseAssets) 