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In a massive development, White House crypto adviser Bo Hines has provided an update on the crypto policy report that the President’s Digital Asset Working Group was working on. They plan to release it on July 30, with the crypto community highly anticipating an update on the Strategic Bitcoin Reserve. U.S. Crypto Policy Report To
The post Breaking: White House To Release Crypto Policy Report On July 30 appeared first on CoinGape.
Solana tokens like HOTMOM, DOOD, and IKUN are gaining serious traction as some of the most active and talked-about new launches on the network. HOTMOM is leading the meme coin charge with a $54 million market cap and strong backing from public figures.
DOOD, the official token of the Doodles NFT collection, has quickly attracted nearly 160,000 holders, riding the wave of NFT projects launching native tokens. Meanwhile, IKUN is drawing massive transaction volume and continued whale accumulation, signaling strong momentum despite shifts in smart money behavior.
HOTMOM has quickly become one of the most talked-about Pump tokens, gaining major traction just three days after launch.
With over 6,500 holders and a market cap of $54 million, it’s showing signs of strong early adoption in the meme coin space. If good momentum continues, HOTMOM could rise to test the $100 million market cap.
The token has surged more than 37% in the last 24 hours, backed by impressive activity—logging over 52,000 daily transactions and $8.7 million in trading volume.
According to Nansen, HOTMOM is held by some well-known figures like threadguy, Crypto Ninja, and gake—a Solana smart trader with an on-chain net worth of $1.73 million.
Doodles, once one of the most hyped NFT collections, just launched its official token a few hours ago—and it’s attracting attention.
The token has attracted nearly 160,000 holders in just three days and reached a market cap of approximately $53 million, showing strong initial demand across the crypto and NFT communities.
The launch follows a growing trend of major NFT projects rolling out their tokens, similar to what Pudgy Penguins did with PENGU a few months ago and Bored Ape did with APE a few years ago.
Between May 9 and May 12, whale holdings of DOOD jumped dramatically from 69,202 to 250 million, signaling significant early accumulation.
In the last 24 hours, the token recorded 5,509 transactions and $734,000 in trading volume.
IKUN has emerged as one of the more active tokens on Solana, with nearly 6,000 holders and a market cap exceeding $12 million.
In the last 24 hours alone, it saw an impressive 112,265 transactions and $37 million in trading volume.
Smart money holdings in IKUN have dipped slightly in recent hours. Public wallets still hold around $320,000 worth of the token. Meanwhile, whales continue to accumulate.
According to Nansen, Unipcs is the largest whale, holding 12.45 million IKUN worth roughly $150,000. Despite shifting dynamics among retail and smart wallets, this ongoing whale activity shows confidence in IKUN’s short-term potential.
The post Top 3 New Solana Tokens to Watch For the Third Week of May 2025 appeared first on BeInCrypto.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow on May 30, with investors pulling $430.8 million from the fund.
This marked the end of a 31-day inflow streak and the first net withdrawal in over seven weeks.
Before this reversal, IBIT attracted $6.5 billion in May alone, making it one of the strongest months since its debut in January 2024.
IBIT’s rapid ascent is not limited to the crypto space. Within 18 months, it climbed into the top 25 US-listed ETFs by assets under management, which many have described as unprecedented.
At the same time, the fund ranks among the top five ETFs for year-to-date inflows across over 4,200 US-listed funds.
According to ETF Store president Nate Geraci, IBIT’s performance has been exceptional. He pointed to the fund’s consistent appeal during both bullish and uncertain market conditions as evidence of its dominance in the sector.
“What a run over the past 30+ days though. IBIT now pushing $ 70 billion in assets < less than 17 months since launch. Not sure I have words to describe how ridiculous this is,” Geraci stated.
Industry analysts attribute IBIT’s momentum largely to growing institutional demand for Bitcoin.
Bloomberg ETF analyst Eric Balchunas highlighted that IBIT has recently absorbed more than 100% of net Bitcoin ETF inflows. This marks an unusual shift from its typical 70% share.
This institutional pivot comes as inflation concerns, economic uncertainty, and improved US regulatory clarity drive traditional investors toward digital assets.
Bitcoin has increasingly been seen as a hedge against fiat devaluation and systemic risk, prompting corporations and nation states to adopt it as part of their treasury strategy.
As a result, Bitcoin’s price surged to a record high above $111,000 in May. The rally highlighted the growing influence of institutional capital in driving the crypto market.
According to BeInCrypto data, the top cryptocurrency has since pulled back to around $105,000 over the past week.
The post BlackRock’s IBIT Inflow Streak Snaps as $430 Million Exits in One Day appeared first on BeInCrypto.
Gold (XAU/USD) made a modest climb on Monday, trading around the $2,740 mark, as several key factors supported its price.…