BitcoincomNews

Story Highlights HIGH/USD surged 400% from $0.10 after VR game launch
Futures volume jumped 4800% with massive short squeeze
Weekly chart shows weak long-term structural recovery

Kalshi markets predict XRP will reach $1.60 this month, amid increasing demand confirmed by Brad Garlinghouse. Five XRP ETFs saw daily inflows of $55.4 million, with $3 billion in short liquidation clusters above the current price.

PayPal's PYUSD has seen a significant rise, with a market cap of $4.11B, growing over 600% due to increased adoption and expansion across 13 networks. In contrast, Ripple's RLUSD has declined to $1.42B, hindered by competition and poor XRP performance.

XRPL validators are voting on amendments to introduce on-chain lending to the XRP Ledger. With over a million users seeking yield, both amendments are approaching the 80% threshold for activation.

A recent report reveals that 50 million Americans own Bitcoin compared to 37 million who own gold. Americans hold 40% of the world's Bitcoin, while 94.8% of corporate holdings are from US companies. Additionally, 80% of Americans favor converting some gold reserves into Bitcoin.

In an exclusive interview, Omri Raiter, CEO of RAKIA, has shed light on a massive cryptocurrency laundering ecosystem tied to state-backed actors — one that may be far larger than publicly reported.

The strategy outlines a shift to semi-monthly STRC dividends, enhancing liquidity and stabilizing stock prices. With an 11.5% yield, payments transition from monthly to bi-monthly, with voting due by June 8 and the first payment on July 15.

Asteroid, a new memecoin, surged from a $50K market cap to over $20M in hours, creating a buzz in the crypto market as traders try to comprehend its rapid rise.

Tony Edward interviewed Patrick Witt at the Solana Policy Institute summit, where Witt provided insights on the Clarity Act and upcoming developments in the digital assets space.

Singapore Gulf Bank introduces a USDC mint and redeem service for instant fiat to stablecoin conversion, enhancing global payment efficiency with 24/7 settlement. The service features a zero-fee promotion to attract institutional clients.

James Wynn, a notable crypto trader with a history of a $1 billion Bitcoin position, has started a memecoin presale that garnered only $8,000 in ten hours, prompting criticism due to past allegations from the community.

Marcus Infiner from Ripple discussed the company's strategy for fostering institutional adoption and real-world applications of cryptocurrency at Paris Blockchain Week.

SIREN token surged 193%, becoming a major topic in the crypto market and entering the top 50 cryptocurrencies by market capitalization, attracting attention from both retail and institutional investors.

A cyberattack on Grinex, a sanctioned cryptocurrency exchange in Kyrgyzstan, has revealed a shadow financial network that enables Russia to bypass Western sanctions.

Coinbase's Faryar Shirzad announced that the CLARITY Act may go to Senate Banking Committee markup soon, with a potential full vote in May if talks proceed well.

In a big move to rebuild trust and strengthen its long-term outlook, World Liberty Financial (WLFI) has introduced a new governance proposal that could change how its tokens are managed.

Pakistan's central bank lifted its 2018 crypto banking ban, permitting licensed firms to open rupee-only accounts. In 2025, the country processed $25 billion in crypto transactions, ranking third globally with 27 million users.