Category: News

Backed by 300% user growth, Bitget Wallet unveils a new design and $1M campaign to bring crypto into everyday use worldwide

Bitget Wallet, the leading non-custodial crypto wallet, has unveiled a new brand identity to reflect its evolution into a full-service crypto wallet designed for everyday use. With over 80 million users, Bitget Wallet has strategically expanded its offerings beyond trading and earning to onchain discovery and global payments.

Alongside a new logo symbolizing simplicity and direction, the app has introduced a more streamlined, user-friendly interface to make crypto more intuitive for all. Bitget Wallet stands by the inclusive motto — Crypto for Everyone — now part of a broader initiative, the Crypto for Everyone Movement, aimed at onboarding the next billion users. Through this, it plans to incentivize the community with a pool of over $1 million as gratitude for support.

“The role of wallets is evolving — it’s moving from a niche tool to one with real-world utility for everyday needs,” said Alvin Kan, COO of Bitget Wallet. “This rebrand is part of a longer-term plan to make crypto accessible for everyone. We’re building towards a future where interacting with crypto feels as easy as using Uber or Paypal,” he added. Bitget Wallet’s growth has coincided with increased demand for self-custody and alternative financial access, particularly in regions where banking infrastructure is limited. The platform saw a 300% increase in users over the past year, with the fastest growth in Africa (+959%), Europe (+367%), and the Middle East (+350%), as more individuals turn to crypto to navigate inflation, limited banking access, and economic instability, gaining greater control over their finances.

Bitget Wallet’s rebrand focuses on making crypto easier to use and more practical for everyday needs. Built around four core features — Trade, Earn, Pay, and Discover — the wallet lets users track market trends, explore new tokens, and trade across over 130 blockchains with one click. In selected regions, a new Simple Mode will be launched to offer a streamlined experience for users who are new to crypto. To support secure usage, it includes protections like real-time risk monitoring and transaction screening, helping users navigate onchain finance more safely.

Bitget Wallet is among the first to launch an in-app shop and remains the only major self-custodial wallet offering full payment flexibility, including crypto cards, QR code scans, and direct purchases. The shop supports over 300 brands across gaming, mobile, travel, and e-commerce, enabling crypto payments at Amazon, Google Play, Shopee, and more. Regional integrations with national QR payment systems are also underway. Building on this everyday utility, the wallet offers yield features to help users earn passive income on their crypto balances and plans to support tokenized real-world assets like stocks and gold as it expands beyond digital assets.

“Bitget Wallet stands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets. Users now have an even more powerful tool — simple to use, accessible, and packed with capabilities — that connects people to opportunity, wherever they are, whenever they need,” said Gracy Chen, CEO at Bitget.

To mark the rebrand, Bitget Wallet is launching the Crypto for Everyone Movement in partnership with leading ecosystem projects, offering over $1 million in rewards and inviting users to explore the updated platform through interactive campaigns.

More details on the brand update and product roadmap are available on the Bitget Wallet blog. Watch the brand video on YouTube.

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About Bitget Wallet

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

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Hedera is poised to recover from recent lows. Improvements in overall market sentiment signal that HBAR buyers are beginning to regain control. 

Key technical indicators are now pointing to a steady uptick in demand for the token, hinting at a possible price rebound.

HBAR Gears Up for Rebound as Bulls Take Charge 

HBAR is showing early signs of recovery as technical indicators point to investors increasing their buying activity. For example, in recent sessions, the altcoin’s Balance of Power (BoP), which measures the strength of buyers versus sellers, has shifted in favor of the bulls. At press time, HBAR’s BoP is positive and in an uptrend at 0.21. 

This indicates that HBAR buyers dominate the market and show stronger control over price action than sellers. It hints at the potential for a sustained upward move in the asset’s price.

Further, HBAR’s rising On-Balance Volume (OBV) confirms the growing buying pressure and positive momentum in the spot markets. As of this writing, the indicator is at 38.66 billion.

The OBV measures buying and selling pressure by tracking cumulative trading volume based on whether prices close higher or lower. When OBV climbs this way, it indicates that volume is flowing into the asset on up days, suggesting increasing demand and potential for a price rise.

Technical Indicator Signals Buyers Are Regaining Control

The steady rise in HBAR’s Relative Strength Index (RSI) reinforces the growing bullish momentum. Currently sitting at 52.53 and climbing, the indicator signals increasing buying pressure and a potential continuation of the upward trend.

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 suggesting that the asset is overbought and due for a price decline. Conversely, values under 30 indicate that the asset is oversold and may witness a rebound.

HBAR’s RSI reading indicates that the bulls are gradually regaining market dominance, which would drive up its value in the near term. If this continues, HBAR could break above the $0.20 price mark to trade at $0.23.

However, if selling activity intensifies, HBAR could resume its decline and break below $0.19. If bearish pressure strengthens, the altcoin could fall toward $0.12.

The post HBAR Shakes Off Recent Losses as Surging Demand Signals Possible Breakout appeared first on BeInCrypto.

HTX, a leading global cryptocurrency exchange, unveiled its next-generation “Crypto Loans 2.0” product on May 19.

This enhanced version brings a refined structure and superior user experience, featuring  multi-asset collateral, a smart dynamic Loan-to-Value (LTV) model, instant fund access, flexible repayment options, and zero fees. To mark this significant launch, HTX has rolled out two exclusive promotions: “Borrow & Earn” #7, where users can share a massive 5,000,000,000 $HTX prize pool, and the “Millions in Rewards Plus Margin Power-up” event, which provides BTC loan interest rates as low as 0.09% and an extra 10% discount on USDT loans.

Unlock Multiple Benefits with HTX Loan Products

To celebrate the grand launch of Crypto Loans 2.0 and commemorate the 15th anniversary of Bitcoin Pizza Day, HTX is simultaneously launching “Borrow & Earn” #7  and an exclusive limited-time margin promotion, delivering substantial rewards to our valued users.

“Borrow & Earn” #7 runs from May 19 at 02:00 (UTC) to June 2 at 15:59 (UTC), featuring a total prize pool of 5,000,000,000 $HTX. Users simply need to borrow USDT using the Crypto Loans Flexible product during the event to earn a share of the $HTX prize pool, based on the interest paid — the more interest paid, the greater the rewards. Rewards will be credited to winners’ Spot accounts within 7 working days after the event ends.

Concurrently, HTX has launched an exclusive margin promotion, “Millions in Rewards Plus Margin Power-up”, active from May 20 at 10:00 (UTC) to June 2 at 10:00 (UTC). For a single USDT loan of $1,000,000 or more, users can enjoy an extra 10% interest rate discount! This brings the annual interest rate down to as low as 3.9% (or 0.01% daily). There is no limit on borrowing frequency and each qualifying loan benefits from  this generous discount.

Don’t miss the Pizza Day 15th Anniversary Bonus! During the event, the top 10 users by cumulative loan volume will share 264,000,000 $HTX (worth $500). Register via the provided link to participate. Leverage these ultra-low interest rates to maximize potential returns and aim for substantial gains.

Optimized Borrowing Experience with Multi-Asset Collateral

Loan efficiency and asset liquidity have always been two major user-focused concerns. As a key highlight of this upgrade, HTX’s “Crypto Loans 2.0” introduces a multi-asset collateral mechanism, supporting over 20 mainstream cryptocurrencies as collateral assets, including USDT, BTC, ETH, TRX, DOGE, XRP, SOL, and AVAX. This significantly boosts users’ asset utilization efficiency.

To further enhance the borrowing experience, HTX has expanded its loanable assets to include SOL, TON, and USDC, with USDC also available as a collateral option. Unlike the traditional single-asset collateral model, the multi-asset collateral mechanism allows users to unlock liquidity from their holdings while effectively reducing the risk of forced liquidation due to single-asset volatility.

Another standout feature of this upgrade is HTX’s limited-time offer: an ultra-low 0.09% annual interest rate for BTC Flexible Loans, with borrowing limits up to 100 BTC. This remarkable rate represents a 555-fold reduction from the previous annual rate of over 5.0%, making it an exceptional deal. For example, borrowing BTC equivalent to approximately 1,000,000 USDT would incur a mere 2.37 USDT in daily interest — a truly remarkable saving.

  Crypto Loans 2.0 also offers the following advantages:

●      Smart Dynamic LTV Mechanism: Interest rates adjust in real time based on market conditions, ensuring industry-leading competitiveness. Annualized interest rates for Flexible Loans include 3.9% for USDT, 2.4% for ETH, and as low as 0.09% for BTC.

●      Flexible Term Options: Supports flexible configuration for both flexible and fixed terms (7/30/45/90 days).

●      Instant Fund Access & Flexible Repayment: Borrowed funds are delivered instantly, interest accrues every hour, and users enjoy the freedom to repay at any time, ensuring optimal fund efficiency.

●      Institutional-Grade Risk Control: Supports overcollateralized loans with leverage capped under 1X and tiered liquidation to safeguard accounts. Users retain all remaining collateral assets.

●      Personalized 1-on-1 VIP Service: Delivers customized loan limits, flexible currency selections, and special discounted interest rates for SVIP users.

Crypto Loans 2.0 is now live! Users can access it via the HTX website by clicking “Loans” > “Crypto Loans”, or through the HTX App by tapping “More” > “Crypto Loans”. Here’s how to get started:

HTX’s Crypto Loans 2.0 leads the industry with its ability to boost capital efficiency, lower liquidation risk, provide flexible investment options, and allow multi-asset collateral. Moving forward, HTX will continue to enhance its lending products, pushing the platform’s financial services toward greater efficiency, lower barriers, and broader diversification. Try Crypto Loans 2.0 now to enjoy seamless borrowing, ultra-low interest rates, and access to massive prize pools. Make every digital asset your strategic liquidity advantage on the road to financial freedom.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

The post HTX Celebrates Crypto Loans 2.0 Launch with Unprecedented Lending Benefits appeared first on BeInCrypto.

Sui Network (SUI) has hit a new milestone, with its total value locked (TVL) surging to new highs of over $2.1 billion.

This explosive growth is due to strong stablecoin inflows and heightened market momentum fueled by its recent partnership with tech giant Microsoft.

Sui TVL Reaches $2.1 Billion, What Is Driving The Surge?

Data on DefiLlama shows Sui TVL stood at $2.107 billion as of this writing. It is up by over 104% since its yearly lows of $1.031 billion recorded in March, with the growth signaling increasing user participation, market confidence, protocol growth, and liquidity.

In the same way, data on Artemis shows that on Tuesday, the Sui Network led all blockchains in stablecoin inflows over the past 24 hours. Specifically, the total stablecoin supply on the network exceeded the $1 billion mark.

“Sui Network tops the charts with $148 million net stablecoin inflows in the past 24hrs,” wrote Adeniyi Abiodun, Mysten Labs co-founder and CPO, in a Tuesday post.

Mysten Labs is the creator of the Sui blockchain, a Layer 1 platform focused on high throughput and low latency.

Meanwhile, the volume of weekly decentralized exchange (DEX) has also reached new highs. This suggests a sharp uptick in user activity and liquidity across the Sui ecosystem.

“Sui hits new all-time high in weekly DEX volume,” on-chain analyst ToreroRomero observed in a post.

A broader narrative of enterprise adoption underpins this bullish market structure. During Microsoft’s Build conference, Sui was named one of the first blockchains to integrate with Microsoft Fabric via data indexing platform Space and Time.

Sui Integrates with Microsoft Fabric

This integration enables Microsoft’s vast developer ecosystem to access Sui’s full-chain history in real-time. The move paves the way for a new wave of institutional-grade blockchain applications.

“Just announced at MSBuild: Space and Time indexed blockchain data will be integrated with Microsoft Fabric. As part of the integration, Microsoft developers will be able to access Space and Time indexed data from Bitcoin, Sui Network, and Ethereum through Fabric,” said Space and Time in a statement.

MySten Labs executive Adeniyi Abiodun emphasized the long-term vision, projecting Sui blockchain’s growth in the next five years.  

“Mark my words, by 2030, in-game ownership will be baked into every major game out there and Sui Network will be the backbone making it all happen,” Abiodun predicted.

Technical market signals also reflect the bullish fundamentals. According to Rose Premium Signals, SUI’s price action remains strong despite a current pullback.

“Sui is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, the price pushed up to $3.94 and is now pulling back, retesting the breakout zone….Targets remain: 1st Target: $4.76, 2nd Target: $5.67. Holding above $3.65–$3.70 confirms strength,” they wrote on X.

At the time of writing, SUI is trading around $3.87, down by 0.22% in the last 24 hours. According to the analysts, however, a drop below $3.60 could invalidate the pattern, but for now, sentiment remains decisively positive.

Investor interest in Sui continues to grow, with notable figures such as macro investor Raoul Pal stating that over 70% of his portfolio is currently allocated to Sui.

Here’s my recent talk at Sui Basecamp in Dubai—Enjoy!

00:00 – PALvatar introduces the episode
01:04 – Reframing the macro fear narrative
01:26 – The Everything Code and liquidity
01:51 – Debt cycles and macro structure
02:10 – Demographics, debt, and GDP
02:38 – Aging… pic.twitter.com/iIBHkW6d2O

— Raoul Pal (@RaoulGMI) May 8, 2025

With surging TVL, institutional-grade partnerships, and accelerating developer adoption, Sui appears well-positioned for continued expansion.

The post SUI TVL Rises as Microsoft Integration Sparks Institutional Momentum appeared first on BeInCrypto.

BTCC, one of the world’s longest-serving cryptocurrency exchanges, today announces the appointment of Dan Liu as its new Chief Executive Officer. Liu, who previously served as Chief Research Officer at BTCC, brings extensive expertise in both traditional finance and cryptocurrency markets to his new role.

As BTCC approaches its 14th anniversary in June, Dan Liu’s appointment as CEO marks a new chapter for the exchange. Under his leadership, BTCC aims to build upon its legacy as the world’s most established crypto exchange while pursuing sustainable growth. This vision will carry BTCC confidently into the future, elevating the platform beyond traditional security to drive meaningful industry evolution.

From Research Visionary to CEO

Since joining BTCC in 2019, Liu has been instrumental in the exchange’s rapid growth and innovation in the cryptocurrency space. As a dynamic young leader, he previously served as Chief Research Officer at the exchange. With his strategic vision over the years, BTCC expanded its services to users from over 160 countries and significantly enhanced its product offerings in both futures and spot trading markets while maintaining high security standards.

Liu’s forward-thinking approach to market dynamics has made him a sought-after and respected voice in the cryptocurrency space, with regular features in prominent crypto media outlets including Cointelegraph, Markets Insider, and Japanese publication Monthly Digital Assets.

“I am deeply honored to lead BTCC Exchange at such a pivotal time for both our platform and the broader cryptocurrency ecosystem,” said Liu. “My crypto journey began back in 2013, and that early passion has only grown stronger over the years. As we celebrate our 14th anniversary this year, I’m excited to combine my background in traditional finance with my love for blockchain innovation. We remain committed to bridging these two worlds, continuing to build trust within the community while accelerating our global expansion.”

Building on Legacy, Focused on Future

Since joining BTCC in 2019, Liu has guided the exchange through various market conditions while driving innovation and growth. His leadership has positioned BTCC as an industry pioneer across multiple market cycles.

One of Liu’s most notable contributions was leading the launch of Tokenized Futures, an innovative financial product rarely seen in the industry. This bold step bridged the gap between traditional finance and blockchain technology and positioned BTCC as a forward-thinking exchange.

Additionally, under Liu’s strategic guidance, BTCC launched its highly successful Copy Trading feature, which has received exceptional user engagement and positive feedback. This feature provides an accessible entry point for those exploring cryptocurrency markets, aligning perfectly with BTCC’s mission of making digital asset trading more inclusive.

With his academic background in conventional markets, Liu brings valuable analytical skills to the evolving cryptocurrency space. His leadership represents a new approach where trust, transparency, and blockchain technology work together.

Looking ahead, Liu’s focus is on global expansion while navigating increasingly diverse regulatory standards across markets. “One of my most important missions is educating the general public about cryptocurrency and making trading accessible to everyday users,” Liu explains. To support this vision, he plans to deepen BTCC’s community connections by attending global industry events and creating direct dialogue with users and partners across different markets—insights that will help shape the platform’s future and inform regional strategies.

Under Liu’s leadership, BTCC Exchange is poised to continue its legacy as one of the most trusted, secure, and innovative cryptocurrency exchanges globally.

About BTCC

Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

Website | X

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Core Scientific (CORZ), Robinhood Markets (HOOD), and Strategy Incorporated (MSTR) are drawing attention today. CORZ rose after appointing Elizabeth Crain to its Board and reinforcing its shift toward AI infrastructure.

HOOD confirmed a $250 million CAD acquisition of WonderFi, expanding into Canada and going head-to-head with Wealthsimple. MSTR bought 7,390 BTC for $765 million, raising its total holdings to over 576,000 BTC, while facing a class-action lawsuit over its Bitcoin-focused strategy.

Core Scientific (CORZ)

Core Scientific (CORZ) closed yesterday with a modest gain of 0.65% and is already up 5% in pre-market trading, following the appointment of Elizabeth Crain to its Board of Directors.

Crain brings over thirty years of experience in investment banking and private equity, having co-founded Moelis & Company and held senior roles at UBS. She will also Chair the Audit Committee, a key position as Core Scientific continues its strategic shift toward AI-related infrastructure.

Her appointment, along with Jordan Levy’s being named Chairman, marks a pivotal moment for the company as it enhances its leadership team amid a broader transition in business focus and operations.

CORZ’s chart shows signs of renewed strength, with a potential golden cross forming on its EMA lines. Analyst sentiment remains overwhelmingly bullish—16 out of 17 analysts rate the stock as either a “Strong Buy” or “Buy,” with a one-year price target averaging $18.28, representing a 68.49% potential upside.

If momentum holds, the next key resistance level is $13.18, which could be tested in the short term.

However, investors should watch for support at $10.34; if it fails, the stock may retrace to $9.45 or even $8.49.

Robinhood (HOOD)

Robinhood has officially announced its $250 million CAD acquisition of Toronto-based WonderFi, signaling a major step in its Canadian expansion strategy.

The deal, which offers a 41% premium over WonderFi’s last closing price, will bring WonderFi’s 115-person team and established crypto brands—Bitbuy, Coinsquare, and SmartPay—under Robinhood Crypto’s umbrella.

The acquisition is set to close in the second half of 2025 and is expected to significantly bolster Robinhood’s crypto presence in Canada.

Robinhood Crypto executive Johann Kerbrat recently emphasized the company’s focus on tokenization and financial accessibility, highlighting how fractionalized assets like real estate can open up previously inaccessible markets to everyday investors.

The company submitted a 42-page proposal to the SEC seeking a federal framework for tokenized real-world assets. It aims to bring traditional financial markets on-chain with legally recognized asset-token equivalence.

HOOD shares closed up 4% yesterday and are up slightly in pre-market trading, extending a remarkable 56% rally over the past 30 days. Technically, the stock’s chart shows strong momentum, with its short-term EMA lines clearly above the long-term trend—suggesting sustained bullish sentiment.

The next key resistance sits at $66.15; a clean break above that could push HOOD into uncharted territory, surpassing the $70 mark for the first time and establishing new all-time highs.

Strategy Incorporated (MSTR)

Strategy (formerly MicroStrategy) has added another 7,390 BTC to its corporate treasury, spending approximately $765 million as Bitcoin traded above $100,000.

This latest accumulation brings its total holdings to 576,230 BTC—acquired for $40.2 billion—now valued at over $59.2 billion, reflecting an unrealized gain of roughly $19.2 billion. However, the aggressive Bitcoin strategy continues to attract scrutiny.

The company and its executives, including Executive Chairman Michael Saylor, have been hit with a class-action lawsuit alleging they misrepresented the risks tied to their Bitcoin-centric investment approach.

Strategy is still the largest corporate holder of Bitcoin, despite legal pressure. Its Bitcoin-first approach has inspired similar treasury strategies in Asia and the Middle East.

MSTR closed yesterday up 3.4% and is down 0.47% in the pre-market. The stock is up nearly 43% in 2025. It is trading near key support at $404; if lost, it could fall to $383.

If momentum returns, MSTR could rise to $437. Analyst sentiment is strong—16 out of 17 rate it a “Strong Buy” or “Buy.” The one-year average price target is $527, implying a 27.5% upside.

The post 3 US Crypto Stock to Watch Today appeared first on BeInCrypto.

LIBRA is up over 80% after Argentine President Javier Milei disbanded a task force dedicated to investigating the token. The Investigative Task Unit (UTI) forwarded all its information to the national prosecutor’s office.

This may or may not hamper some of the investigations, but there is strong pressure to investigate Milei’s financial ties. This act does nothing to change the criminal charges currently filed against Argentina’s head of state.

President Milei and the LIBRA Scandal

The LIBRA pump and dump was a major scandal for Argentina’s crypto community, especially because of President Javier Milei’s alleged involvement.

Criminal charges have been filed against Milei, and both the courts and legislature have been investigating him. However, these investigations may have reached a speed bump, according to local reports:

“The Government believes that the information collected [by UTI] was forwarded to the Public Prosecutor’s Office, and that the [UTI] has fulfilled its assigned task,” read a decision officially dissolving the UTI. It was signed by President Milei and Minister of Justice Mariano Cúneo Libarona.

LIBRA was a massive rug pull that severely diminished Milei’s public approval in Argentina. However, the Solana-based meme coin itself is still alive.

Since its launch and collapse in February, LIBRA has never reclaimed anything like its former success, but it’s rallying today. The asset climbed over 80% before dropping slightly.

This isn’t the first time that LIBRA has spiked in accordance with President Milei’s statements and actions. For example, it briefly recovered 60% after Milei reposted a purchasing guide, but a disastrous TV interview sent it crashing again the same day.

Currently, LIBRA is an orphaned meme coin, which does not generally suggest long-term stability.

However, one aspect of the incident does seem easier to predict. Even if the LIBRA-specific task force has been disbanded, several investigations are targeting President Milei’s exact involvement in the project.

Last week, a federal judge ordered the release of financial records from Milei, his sister, and three other associates. These figures also had their assets frozen.

Additionally, domestic LIBRA scrutiny isn’t the only thing that Milei has to worry about. Many LIBRA investors were US citizens, sparking the possibility that American enforcement agencies could prosecute him.

This has not happened, but local media claimed that some of these investors are filing a class-action suit. So much scrutiny will not simply vanish overnight.

The post LIBRA Skyrockets 80% As President Milei Dissolves Investigation Task Force appeared first on BeInCrypto.

Crypto whales are accumulating CYCLE, CLANKER, and CANDLE ahead of the TRUMP gala dinner set for May 22. CYCLE saw whale holdings surge 276% in the last 24 hours, driven by its automated on-chain burn mechanism.

CLANKER, the native token of Tokenbot on the Base chain, recorded a 30.85% jump in whale accumulation as Base continues to dominate DEX activity. Meanwhile, CANDLE—part of the growing Solana launchpad wave—posted a 47.83% increase in whale holdings.

CYCLE

Cycle is an on-chain token burn mechanism powered by PumpSwap transaction fees. Every CYCLE transaction triggers a portion of the token supply to be permanently burned, reducing circulation over time.

Since launch, more than 11% of the total 1 billion CYCLE supply has been burned, with over 60 SOL spent toward these automated, immutable burns.

Users can also vote on burn events if they hold at least 100,000 tokens, giving the community partial control over the process. Additional tools allow for the burning of any SPL token or NFT on-chain.

Launched just seven days ago, CYCLE has reached a market cap of $4.6 million.

Whale accumulation is accelerating quickly, with the amount of CYCLE held by large wallets rising 276% in the last 24 hours alone—from 11.19 million to 49.63 million tokens.

tokenbot (CLANKER)

Tokenbot is a coin launchpad operating on the Base blockchain, designed to facilitate the creation and deployment of new tokens.

Its native token, CLANKER, has gained 11.4% in the last 24 hours.

Base itself ranks as the fourth-largest chain by DEX trading volume over the past week, trailing only BNB, Solana, and Ethereum. With $8.12 billion in volume in the last seven days and $1.28 billion in the last 24 hours, Base is the fourth-largest chain by DEX trading volume.

In the past 24 hours, crypto whales‘ holdings of CLANKER have increased significantly, rising 30.85% from 9,313 to 12,070 tokens.

Candle TV (CANDLE)

Candle.tv is a Solana-based launchpad and live streaming platform that merges crypto with creator-driven culture. Unlike typical meme coins, Candle focuses on “culture coins”—tokens born from crypto-native memes rather than borrowed trends.

The platform hosts a single invite-only channel that streams curated content, aiming to generate viral, memetic moments.

Creators earn 50% of the trading fees from tokens launched during their streams, while token design and promotion are handled by experienced community members, creating a mutually beneficial model.

With the Solana launchpads narrative gaining momentum—driven by projects like LetsBonk and Believe App—Candle is trying to position itself as a serious contender in the space, aiming to challenge incumbents like PumpFun.

In the last 24 hours, crypto whales’ holdings of CANDLE surged 47.83%, rising from 100.86 million to 149.1 million tokens.

The post What Crypto Whales are Buying Ahead of the TRUMP Dinner appeared first on BeInCrypto.

HBAR, the native token of Hedera, has been experiencing a steady uptrend recently, attracting the attention of investors. The price surge has contributed to increased trading activity, but for traders, especially those holding short positions, this could lead to significant liquidations. 

While the altcoin is expected to continue its rise, the situation may become challenging for those who bet against it.

HBAR Traders Are In Danger

The Chaikin Money Flow (CMF) indicator shows strong inflows into HBAR, signaling that investor sentiment is bullish. The CMF has bounced above the zero line for the first time since December 2024, showing strong demand.

The inflows indicate that investors continue to pour money into the asset, bolstering the price movement. With the CMF turning positive, the likelihood of sustained growth for HBAR increases, as long as the broader market maintains its bullish tone.

The liquidation map for HBAR, which tracks short positions, indicates that traders betting against the asset could face significant losses if the price continues to rise. HBAR’s current price sits at $0.19, not far from the key resistance level of $0.22. If HBAR breaches this resistance, approximately $70 million worth of short positions could be liquidated, leading to further upward pressure. This scenario highlights the intense battle between bullish investors and bearish traders.

Short traders who bet against HBAR are now at risk, as the broader market sentiment pushes the altcoin higher. The increasing momentum fueled by the strong inflows will likely catch many short positions off guard, forcing them to liquidate. If this liquidation occurs, it could lead to a sharp rise in the price of HBAR, further solidifying its bullish outlook.

HBAR Price Continues Its Incline

HBAR is currently trading at $0.194, just below the significant resistance level of $0.200. The altcoin has shown consistent growth over the past month, and with the current positive market sentiment, it is likely to continue rising. A successful break above $0.200 could confirm the bullish momentum and open the path for further gains.

Should HBAR manage to flip $0.200 into support, a rise to $0.220 would likely follow, triggering the $70 million in short liquidations. This would create additional upward pressure, accelerating HBAR’s price move and potentially pushing it higher in the short term.

However, if HBAR fails to maintain its upward trajectory and falls below the uptrend line, the price could slip under the $0.182 support level. Such a decline would likely bring HBAR to around $0.167, invalidating the current bullish outlook. Therefore, traders should closely monitor these key levels to determine the next steps for HBAR’s price action.

The post HBAR Set for $70 Million Liquidations as Uptrend Hints At Price Rise appeared first on BeInCrypto.

Leading coin Bitcoin briefly soared above the $107,000 mark yesterday. It reached an intraday peak of $107,108, just 2% shy of its all-time high of $109,588, before retracing.

Although the leading cryptocurrency has since retreated slightly to $104,976 at press time, market sentiment remains firmly bullish, with on-chain indicators suggesting continued upward momentum.

Bitcoin Season is in Full Swing

According to data from Blockchain Center, the cryptocurrency market remains deep in “Bitcoin Season,” a period when BTC significantly outperforms the broader altcoin market.

As of this writing, only 16 (32%) of the top 50 altcoins have outperformed BTC over the past 90 days, far below the 75% threshold required to qualify as “Altcoin Season.”

Furthermore, Bitcoin’s rising dominance supports this position. Since plunging to a two-month low of 61.89% on May 16, BTC.D, a metric that tracks BTC’s share of total crypto market capitalization, has climbed steadily.

As of this writing, the metric stands at 63.92%.

Interestingly, since May 14, TOTAL2, which measures the combined market cap of all cryptocurrencies excluding BTC, has trended downward. Currently standing at $1.18 trillion, it has plunged $83 billion over the past week.

This divergence suggests market participants are increasingly reallocating capital into BTC over altcoins.

The current trend signals that traders are doubling down on BTC’s resilience, especially as the king coin attempts to stabilize above the key $105,000 price mark.

BTC’s DMI Points to Strong Buying Pressure

On the daily chart, BTC’s Directional Movement Index (DMI) confirms the bullish pressure in the market. As of this writing, the coin’s positive directional index (+DI, blue) rests above its negative directional index (-DI, orange).

When an asset’s DMI is set up this way, it indicates that bullish momentum is stronger than bearish momentum. This signals a prevailing uptrend and buying pressure in the BTC market.

If this continues, its price could attempt to breach the resistance at $107,048, and rally toward its all-time high of $109,588.

On the other hand, if sell-offs strengthen, BTC’s price could dip to $102,080.

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