Bitfinex to refund investors of its failed El Salvador Hilton hotel project

Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive.

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3AC-linked wallet bought NFT for $59K due to 3-year-old offer that wasnt canceled

Arkham data shows that a wallet belonging to failed hedge fund 3AC spent $59,000 on the Neon Village NFT from artist Seerlight.

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NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter

Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, maliciously and repeatedly made false statements about his NFT project CryptoZoo.

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BRETT Price Explodes 30% In A Single Week Whats Next For The Meme Coin?

The crypto market has enjoyed a good run in the last few days, with several large-cap assets posting double-digit gains in the past week. Meanwhile, meme coins like Dogecoin, dogwifhat, Pepe, and Brett, were also among the best-performing assets in the market. Specifically, BRETT witnessed an over 30% increase in its value over the past week. Interestingly, a popular crypto pundit has suggested this recent momentum is only the tip of the iceberg, as the meme tokens price seems set to take off. Analyst Predicts Meme Coin’s Price Will Skyrocket By 300% In a recent post on the X platform, prominent crypto analyst Ali Martinez put forward an exciting projection for the price of BRETT over the coming weeks. According to the pundit, recent price action suggests that the meme coin is gearing for an explosive 300% move to the upside. Related Reading: Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses? The rationale behind this bullish projection is the formation of a bull flag on BRETTs daily price chart. A bullish flag formation is a technical analysis and a strong continuation pattern that resembles a flag on a pole.  The pole usually represents a vertical rise while the flag represents a period of price consolidation. The important feature of this chart formation is the breakout from the flag, which typically mirrors the length of the initial pole of the flag.  As shown in the chart above, the BRETT price seems to be on the verge of a breakout, having been in a consolidation range since early June. This consolidation zone or flag was preceded by a vertical upward movement, which saw the tokens price jump from $0.03 to $0.2. Martinez noted in his post that if the meme coins price breaks out of the flag, the $0.15 support level needs to hold strong upon retest. If the support fails to hold, the Brett might just return within the consolidation range. In the case of a successful breakout, the analyst predicted the BRETT price to climb as high as $0.63. BRETT Price Overview As inferred earlier, a price upswing to $0.63 would represent an over 300% rally from the current price point. As of this writing, the price of Brett stands around $0.147, reflecting a nearly 6% increase in the last 24 hours. Related Reading: Is $200 Within Reach For Solana Price? Heres Why This Blockchain Firm Thinks So According to data from CoinGecko, the meme token is up by nearly 30% in the past week. With a market capitalization of over $1.45 billion, BRETT ranks amongst the top 10 largest meme coins in the digital asset sector. Featured image from iStock, chart from TradingView

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3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter

A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.

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GeForce NOW Adds 'Resident Evil Village' to Its Cloud Gaming Lineup

GeForce NOW introduces Capcom's 'Resident Evil Village' along with two other new games, enhancing the cloud gaming experience with a new app update. (Read More)

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Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum

June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

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Protocol Village: Polkadot Community Approves Jam Architecture, $65M Development Fund

June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

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Protocol Village: Manta Foundation Launches $50M EcoFund and Ecosystem Grand Program

June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

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Protocol Village: Movement Labs Announces Battle of Olympus Hackathon

June 12: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

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Cup-And-Handle Pattern Signals Altseason Ready For Launch Analyst

Prominent crypto analyst Gert Van Lagen has shared a positive market prediction hinting that the altseason may soon begin. Based on a fully formed bullish pattern, the Dutch market expert postulates that altcoins are on the edge of a market breakout. Related Reading: Ethereum Ready For Price Rally As STH Numbers Set To Cross 4 Million Heres Why Altcoin Market Tipped To $5.4 Trillion Valuation In Altseason  The cup-and-handle is a classic bullish continuation pattern in technical analysis. It usually signifies an asset’s potential to continue rising after a period of consolidation. According to Van Lagen, the cup-and-handle pattern has appeared on the altcoin market bi-weekly chart. It consists of a U-shaped price movement (cup), which represents a period of gradual decline and recovery as seen between 2022 to mid 2024.   Van Lagen explains that investors typically accumulate assets during this period, perhaps due to an extended downside market prior to a rebound. This cup movement is followed by the handle, which often resembles a small descending channel as seen in 2025. The handle usually represents a breakout and retest zone, paving the way for the altseason. For the altseason to occur, the altcoin market cap must convincingly break above the neckline of the cup-and-handle pattern, which is currently at $813.18 billion. If this breakout occurs, inducing an altseason, Van Lagen analysis shows that total altcoin valuation could rise to around $5.4 trillion before 2026, indicating a potential 564% market growth. Related Reading: $380M In Ethereum Leaves Exchanges In 7 Days Accumulation Trend Accelerates Why The Altseason Is Sure To Happen In other news, analysts continue to debate the feasibility of an altseason for the current bull cycle.  Crypto analyst and Web3 growth manager Cas Abbé joined this discussion, highlighting three reasons the altseason is certain to come to pass. Notably, Cas Abbé acknowledges the altseason has been delayed, citing a lack of sufficient liquidity due to a large amount of token unlocks and the ripple effects of the memecoins craze driven by Pumpfun.  However, the analyst remains confident in the prospects of an altseason due to multiple reasons, one of which is the potential for multiple altcoin ETF approvals.  Cas Abbé explains that the US Securities and Exchange Commission is likely to issue the green light for several altcoin ETFs in Q3/Q4 of 2025, which holds the final deadline for most of these ETFs. Following these approvals, the analyst predicts a rise in institutional investments, which could produce a rallying effect similar seen with the Bitcoin ETFs in 2024.  Furthermore, Abbé states the Fed is likely to begin rate cuts in June as well as terminate all quantitative tightening measures. Both moves are expected to be followed by a liquidity injection, untimely creating a risk-on environment in financial markets that will support the growth of altcoins. Finally, the Web3 growth manager expects regulatory clarity by Q3/Q4 2025, which will allow banks to comfortably engage the crypto market, leading to massive liquidity.  At press time, the total crypto market remains valued at $2.94 trillion, with altcoins accounting for 36.1% of all investments.  Featured image from iStock, chart from Tradingview

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Ethereum Rally Looms: Analyst Predicts ETHs Next Stop Is $5,300

Titan of Crypto, a well-known cryptocurrency trader and expert, in a daring prediction that has drawn the attention of the crypto community, forecasting an impending significant rally for Ethereum (ETH) to unprecedented heights while putting his next price target for the crypto asset at the pivotal $5,300 level. The analyst’s prognosis indicates that Ethereum, fueled by favorable market circumstances and rising investors’ confidence, is poised for massive gains. This forecast comes at the heel of ETH’s recent robust price performance and increasing market optimism. Ethereum Path To Massive Rally In February, Titan of Crypto hinted at the formation of a Bullish Cypher Pattern on Ethereum‘s weekly chart. “Just like for Bitcoin, a bullish cypher pattern is currently playing out on ETH weekly chart as well,” he stated. Related Reading: Ethereum Price Rally: Far from Over, More Gains Ahead! Due to this, the expert pointed out several targets for the asset to reach in the near term, such as $2,410, $2,881, $3,353, and $4,024, indicating a 38.20%, 50.00%, 61.80%, 78.60% upswingm respectively, from the current price then. Earlier this month, Titan of Crypto noted that the bullish cypher pattern has successfully developed, and the aforementioned price targets have all been achieved, suggesting a substantial rally is on the horizon. At that time, the crypto expert underscored that ETH was at the 38.2% Fibonacci retracement level, which he also dubbed the 1st stop ($2,880). Should the coin manage to sustain this level, Titan of Crypto anticipates a move on the upside from the level. However, today, as predicted by the expert, Ethereum performed a flawless recovery from the 1st stop ($2,880) point. As a result, the crypto asset is currently forming a bull flag pattern on the weekly timeframe, citing $5,300 as the next price target for ETH to reach.  However, this is not the final destination, suggesting the potential for Ethereum to surge even higher in the upcoming months. With ETH displaying strong price performance, it could mean that the Altcoin season could be coming into play in the near future. Indicator That Suggests A Price Correction On The Downside Although Titan of Crypto anticipates a massive rally for ETH, Ali Martinez has underlined the potential for the asset to decline soon.  According to Ali Martinez, the TD Sequential indicator on Ethereum’s 4-hour timeframe on May 15, previously displayed a promising buy signal. This development practically led to a 32% rise in the price of Ethereum. Related Reading: Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000 However, now that the ETH Spot Exchange-Traded Funds (ETFs) are generating so much buzz, the indicator has transitioned to a sell signal. Consequently, Ali Martinez predicts a downward correction of one to four candlesticks. At the time of writing, ETH had increased by over 28% in the past week, trading at around $3,728. Despite the recent price momentum, the asset’s market cap and trading volume are down by 1.56% and 28%, respectively. Featured image from iStock, chart from Tradingview.com

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Shiba Inu Breaks Out Of Bull Flag Pattern-Like, Signaling Uptrend

In a noteworthy development for Shiba Inu investors and traders, well-known cryptocurrency analyst and enthusiast Javon Marks has verified SHIB’s break out from the Bull Flag pattern, an indicator that typically signals the start of an upward price movement. Shiba Inu Breakout To Trigger A Continuation 210% Price Increase Mark’s emphasis delves into the current bullish momentum surrounding Shiba Inu, which has caused traders and investors in the meme coin market to feel optimistic once again, indicating that the crypto asset could be positioned for more gains. Related Reading: If This Happens, Shiba Inu Price Could Double Soon According to the expert, SHIB has now exited a smaller Bull Flag-like pattern, and it is currently holding above it. This breakout appears to be significant as Javon Marks noted that it could start another major wave in an already enormous run on the upside. Specifically, this lesser break can trigger a continuation in an over 210% (3X) run to $0.000081 from the $0.0000254 level, provided that the larger breakout also holds. In addition, should Shiba Inu surpass the $0.000081 level, it might be poised for an additional 90% increase to the $0.0001553 mark. The post read: With a larger breakout also holding, this smaller break can initiate a continuation in an over 210% run to the $0.000081 target which is more than 3X from here. A break above $0.000081 and SHIB may just be set for another +90% move to $0.0001553. The analyst further drew attention to his previous forecasts, in which he predicted a run to the $0.000081 price level. He previously noted that Shiba Inu has made a strong comeback and appears to be primed for yet another huge surge towards the $0.000081 target. Thus, given the progressive breakout from the resisting trend, another 141% upside move to hit the aforementioned price target may not be far off. Also, following price declines, SHIB will garner strength to reach the level and move even higher to $0.0001553. Pullbacks To Buttress The Move Javon Mark affirms that since SHIB’s break out from the resisting trend, it has increased by over 129%, suggesting that a run is well within reach. At this point, Marks claims that as long as current prices maintain their breakout, pullbacks might only enhance these prices. Additionally, an extra 252% price increase toward $0.000081 will be aided by these pullbacks. Related Reading: Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy? It is important to note that the analyst’s prediction began when SHIB ended a 441-day downtrend in September last year. Given the significance of the development, Marks believed SHIB was about to surge, putting his target at $0.000081, a 975% rise from $0.0000074. As of the time of writing, Shiba Inu was trading at $0.0000257, demonstrating over 6% growth in the past day. Both its market cap and trading volume have also attracted significant gains of about 6.83% and 147%, respectively. Featured image from Shutterstock, chart from Tradingview.com

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Crypto Analyst Predicts 244% Shiba Inu Rally Based On Bull Flag

An analyst explained how Shiba Inu could be heading towards a massive rally based on a bull flag pattern that forms in its daily chart. Shiba Inu Has Been Consolidating Inside A Bull Flag Recently In a new post on X, analyst Ali has discussed about a bull flag that has recently appeared in the daily price of Shiba Inu. The bull flag is a pattern in technical analysis (TA) that, as its name suggests, is shaped like a flag on a pole. The pattern forms when an uptrend is followed by a period of consolidation inside a parallel channel toward the downward direction. The starting uptrend makes up for the pole, while the channel acts as the flag. Related Reading: Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge Like other TA patterns, the consolidation channel or flag here comprises two parallel lines. The upper level connects the price tops, while the lower one joins the bottoms. When the asset retests either of these levels, it’s probable to undergo a reversal, with the upper line of the channel acting as a point of resistance and the lower one as support. A break above the resistance line is considered a bullish signal for the price. The uptrend resulting from such a break may be the same length as the flag’s pole. On the other hand, a drop below the flag (that is, a breakdown of support) invalidates the formation and may even suggest the takeover of bearish momentum for the asset. Similar to the bull flag, there is also the bear flag in TA, which works much in the same way, except that it occurs during a downtrend (with the flag signifying consolidation towards the upside following a downward pole). Now, here is the chart shared by Ali that shows the bull flag pattern Shiba Inu has potentially been forming on its daily price recently: The formation that the memecoin's price has been displaying during the last few weeks | Source: @ali_charts on X From the graph, it’s clear that the Shiba Inu 1-day price has been consolidating inside what appears to be a bull flag pattern channel in the past few weeks. “I’m placing buy orders around $0.000018343, aiming for a bullish breakout that sends $SHIB to $0.000072323,” says the analyst. The former level is about where SHIB should meet the flag’s support next if it continues in its current trajectory, while the latter target is based on the height of the pole. Related Reading: Bitcoin To $92,190: Crypto Analyst Reveals Path To ATH Target A run to the bullish target of $0.000072323 would imply a rally of more than 244% from the current spot price of the cryptocurrency, while from the lower support of $0.000018343, any such surge would correspond to a growth of over 294%. It remains to be seen whether Shiba Inu will show a break above this bull flag pattern and, if it does, whether the price will benefit from bullish effects. SHIB Price At the time of writing, Shiba Inu is trading around $0.00002110, down more than 18% over the past week. Looks like the price of the coin has been heading down over the last few days | Source: SHIBUSD on TradingView Featured image from Traxer on Unsplash.com, charts from TradingView.com

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How Bitcoin Bull Flag & Profit-Taking Signals Signal a Rally to New Price Highs

Bitcoin is currently displaying a bullish flag pattern, indicative of a potential breakout to new price highs in the near future. After experiencing a standard profit-taking phase, Bitcoin is poised for a rally that could push its price to unprecedented levels. The bullish flag pattern is a continuation pattern that usually signals a brief consolidation [...]

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Tether Exploit Leads to $78 Million Theft Due to Multi-Sig Freeze Delay

Key Takeaways: Blockchain forensic company AMLBot has discovered a fundamental flaw in Tether’s USDT freezing system that has been exploited by malicious actors to drain over $78 million since 2017. The essence of the problem lies in the multi-signature approval procedure for freezing wallets associated with USDT, which creates a lag between the actual request […]

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VEXI Villages Introduces Leaderboards with $GALA Token Rewards

Gala Games launches leaderboards in VEXI Villages, offering $GALA token rewards for top players. Participate by fulfilling visitor needs and climbing the ranks. (Read More)

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Shiba Inu On The Rise: Analysts Predict a Potential Target of $0.0000445

Shiba Inu (SHIB), a well-liked meme-oriented cryptocurrency, has passed through a lull period. After being quiet for some time, its value is on the rise again. Shiba Inus price currently stands at $0.00002367, with a trading volume of $334.98 million over the last 24 hours. Also, its total market capitalization reaches $13.95 billion for Shiba […]

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XRP Price To Rally To $6: Partially Completed Wave 5 Says Theres Still Room To Run

Bulls appear to be regaining control over the market again as the XRP price gears up for a potential rally to $6. According to a crypto analyst, this forecast is rooted in the Elliott Wave Theory, which indicates that Wave 5, which is the final and usually the most explosive leg up, is getting ready to run.  Elliott Wave 5 Signals XRP Price Explosion In one of his latest Elliott Wave analyses, X (formerly Twitter) crypto expert Dark Defender forecasts a powerful rally for the XRP price, suggesting that the third-largest cryptocurrency could skyrocket to $6 soon. According to the analysis, XRP has been moving in a predictable wave structure since February 2025, and recent price action confirms the partial completion of the monthly Wave 5 bull pattern.  Related Reading: XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge The chart shows that since February, XRP has been following what Dark Defender refers to as the green path, aligning with the expected trajectory of the Monthly Wave 4. This wave has recently concluded after unfolding into five smaller sub-waves, highlighting a precise and structured technical behavior.  The fourth sub-wave peaked at around $2.36, a level previously identified as a key confirmation point. As predicted, the XRP price bounced off this level before retracing to $2.07, forming the final leg of sub-wave 5 of the monthly Wave 4.  XRPs current bullish setup reveals that the monthly Wave 5 is now in its early stages, with the drop to $2.07 possibly marking the bottom of the corrective structure. Dark Defender emphasizes that while Wave 5 has already begun, the larger upward move still awaits full confirmation, indicating that there may be significant room left for XRP to rally.  Technical projections place the potential upside target of this Wave 5 near $6.85, representing a sharp bullish breakout if market momentum aligns with the expectations of the wave structure.  Analyst Says The Real Bull Rally Is About To Begin The XRP price is approaching a major technical breakout, as crypto analyst CW highlights the emergence of a classic bull flag pattern. After experiencing months of consolidation, the analyst suggests that the next explosive leg in XRPs price action may be around the corner.  Related Reading: XRP Price Still On Bullish Path To $5 As Long As This Level Holds The daily chart reveals a clear bull flag structure, formed after XRPs powerful rally in 2024 when its price jumped from $0.5 to over $2. This aggressive and unexpected move created the flagpole, followed by a multi-month period of consolidation, forming the descending flag pattern.  Now, XRP is testing the upper boundary of the bull flag, trading just above $2.36 at the time of the analysis. A decisive breakout and close above the resistance trendline could trigger a fresh wave of bullish momentum. According to CW, this breakout would mark the beginning of a true bull rally for XRP. Featured image from Pixabay, chart from Tradingview.com

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Why Bitcoin Investors Should Exercise Caution During Rally While Watching for Lagging Stablecoin Indicator: Analysts Warning

Bitcoin Price Surge: Crypto Analyst Urges Caution as Stablecoin Indicator Lags Behind The recent rally in Bitcoin prices has caused excitement among investors, but one crypto analyst is warning of potential risks ahead. The stablecoin indicator, which typically predicts market movements, is currently lagging behind the surge in Bitcoin prices. Stablecoins are digital assets pegged [...]

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