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Solana’s 3.89% recovery tests key resistance at $135, signaling a possible breakout. Increasing active addresses and futures interest boost Solana’s bullish momentum. A break above $135 could push SOL to $165, while failure may lead to a $125 retest.
XRP struggles near $2 as Ripple’s massive token unlock and collapsing network activity drive bearish momentum. Technicals point to $1.90 as a critical support.
LUNC trading volume spikes, sparking speculation of a 600% price surge, with analysts eyeing $0.0004295 as a target. Binance burns 522M LUNC, reducing supply and fueling optimism as total burns surpass 70 billion tokens. The community votes on a burn tax increase, debating whether raising it to 1.5% will boost burns or hinder network activity.
Shiba Inu lost 21% after hitting $0.00001567, facing heavy resistance at that level. Analyst Nebraskangooner warns of a fake breakout and further downside risks for SHIB. Enthusiast JD Hatefi predicts SHIB will go parabolic if Bitcoin hits $150,000.
Institutional strategies around Bitcoin are shifting from speculative bets to income-oriented structures.
Grayscale’s move to convert its Digital Large Cap Fund into an ETF could alter market access for XRP, though macroeconomic headwinds continue to weigh on its short-term outlook.
Worldcoin (WORLD) surged after ChatGPT launched its image-generation feature.
- 01:21Meta CTO: This Year is a "Pivotal Year" for Augmented and Virtual Reality BusinessMeta's Chief Technology Officer Andrew "Boz" Bosworth recently stated in an interview that 2025 could be the "year of greatness" for Meta's Reality Labs, or it could be the year the metaverse becomes a "legendary failure case." Currently, Bosworth seems more inclined to believe in its potential for greatness, but the final decision still lies in the hands of the market.
- 01:16Jun Ji-hyun's Husband's Cryptocurrency Loss of Approximately 15 Billion Hits Weibo Trending"Jun Ji-hyun's husband lost 15 billion in cryptocurrency trading" trended on Weibo. According to Korean media reports, Choi Joon-hyuk, the husband of Korean actress Jun Ji-hyun and CEO of Alpha Asset Management, heavily invested in Wemade stocks, with a total amount of 35 billion KRW. As of June 2, the stock price had significantly dropped, resulting in a book loss of approximately 15.8 billion KRW (about 11.66 million USD).
- 01:15Federal Reserve Survey: 52% of Americans Unable to Handle $2,000 Emergency Expense as Inflation Pressures Continue to MountAccording to The Kobeissi Letter, a recent Federal Reserve survey shows that 52% of American consumers cannot cover a $2,000 emergency expense with savings alone, and 31% cannot even afford a $500 unexpected expense. In 2024, a record 37% of respondents indicated that inflation and prices are their main financial challenges, up from 35% in 2023, 33% in 2022, and 8% in 2016.