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Author: James Wilson
U.S. stocks held steady Tuesday as a second day of trade talks between the U.S. and China got underway in London. The Dow Jones Industrial Average gained 0.25%, or 105.11 points whille the S&P 500 gained 0.55%. The Nasdaq index outperformed with a 0.63% gain and is now approximately 285 points away from reclaiming the 20,000 leve. Commerce Secretary Howard Lutnick described U.S. – China trade negotiations as going “really, really well,” suggesting a resolution may be close. Export controls remain central to discussions. U.S. officials are seeking Beijing’s release of rare earth materials, while China is pressing for eased…
UMA surged 26.54% from a high-confluence support area, catching traders’ attention with a sharp bullish move. However, after rejecting from local resistance at $1.80, the focus now shifts to whether bulls can defend support for continuation—or risk a full retrace within a broader range. After a strong and impulsive rally, UMA (UMA) has caught the attention of traders with a 26.54% move from support. This rally originated from a technically significant zone and marked a bullish shift in short-term momentum. However, price has now encountered resistance at $1.80, and a rejection has already formed, leaving a wick that may signal…
BNB maintains exchange dominance; Lightchain AI gains influence among serious crypto buyers
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BNB continues to lead through exchange-driven dominance, Lightchain AI is capturing early momentum by building where it matters, on-chain, with infrastructure and investor conviction. BNB continues to maintain its dominance across major exchanges, but Lightchain AI is quietly gaining influence where it counts, among serious crypto buyers looking for early momentum and real infrastructure. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, Lightchain AI has already attracted nearly…
Ethereum price may be on the verge of a bullish breakout to $4,000 after forming a bullish flag and a golden cross pattern, and as the iShares Ethereum ETF nears a crucial milestone. Ethereum (ETH) was trading at around $2,500 at last check on Saturday — higher than this week’s low of $2,380. A potential catalyst for ETH is the ongoing exchange-traded fund inflows, which have surged in the past few weeks. SoSoValue data shows that these funds have added substantial inflows in the past three weeks. They added $25 million on Friday, the 15th consecutive day of gains, bringing…
U.S. stocks ended mixed Wednesday after a weak private payrolls report and a cautious economic outlook from the Fed’s Beige Book fueled concerns about growth, inflation, and tariffs. The Dow Jones Industrial Average snapped a four day winning steak, closing lower by 91.90 points, or 0.22%. The S&P 500 was nearly flat, while the Nasdaq Composite gained 0.32% to end at 19,460.49. Wednesday’s stock trading session sentiment was hit by a weaker-than-expected ADP employment report, which showed private payrolls rose by only 37,000 in May, notably below estimates. The reading comes ahead of Friday’s nonfarm payrolls data and may force…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano price is expected to see growth despite correction. Meanwhile, a new AI-powered crypto project with over $1 million raised could outperform Dogecoin in 2025. Cardano is currently hovering near the $0.22 mark after a recent correction on the weekly timeframe. Yet, analysts predict its value might soar past $1 soon. On the other hand, eyes are turning towards Unilabs (UNIL), an AI coin that is already making waves with its crypto ICO. As AI meets DeFi, Unilabs could…
Panama City should allow ships to pay in Bitcoin for faster passage through the Panama Canal, according to Mayor Mayer Mizrachi. During a panel at Bitcoin 2025 in Las Vegas, Mizrachi suggested that Bitcoin payments could be rewarded with priority canal transit for cargo ships. “We have a canal — what if you get a perk for paying in Bitcoin, get your ship to go quicker if you pay in Bitcoin,” Mizrachi said. The Panama Canal is a key artery of global trade, linking the Caribbean and Pacific Oceans. It handled nearly 10,000 ship transits between October 2023 and September…
Alchemy Pay has added support for USD1, a U.S. dollar-backed stablecoin created by World Liberty Financial, giving users around the world easier access to the fast-growing asset. Announced in a May 30 press release, the integration allows users across 173 countries to purchase the USD1 stablecoin using common fiat payment options such as Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and local bank transfers. USD1 was launched in March by WLFI and is managed by BitGo Trust Company, a custodian subject to U.S. regulations. The stablecoin has rapidly risen become the seventh-largest stablecoin by market capitalization, with a current…
U.S. spot Bitcoin ETFs hit a rough patch on May 29, snapping their impressive 10-day inflow streak as investors took a step back amid fresh uncertainty around Donald Trump’s trade policy following conflicting court decisions. According to data from SoSoValue, a total of $358.65 million flowed out of the 12 U.S.-listed spot Bitcoin ETFs on the day, marking the first net outflow since mid-May. This reversal comes after a strong run that saw more than $4.2 billion enter these funds in just 10 days. Leading the outflows was Fidelity’s FBTC, which saw $166.32 million in investor redemptions. It was followed…
The Sui community has voted to unlock over $160 million in frozen assets following a major exploit of Cetus, a leading decentralized finance protocol on the network. In a May 29 post on X, Sui (SUI) confirmed that validators representing 90.9% of the total stake voted “yes” in an on-chain governance proposal to move the frozen funds into a multi-sig wallet. The vote is a critical step in Cetus’s (CETUS) recovery plan after a $223 million exploit rocked the protocol on May 22. Update – Validators representing 90.9% of stake have said “Yes” in the onchain community vote, and the…