Crypto News
HTX Jumps Two Spots to #8 in Kaiko’s Q2 Exchange Ranking
This content is provided by a sponsor. PRESS RELEASE. Singapore, June 5, 2025 – HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko’s Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter andSource link
NEAR Surges 5% After Forming Bullish Support Pattern
Global markets are navigating heightened uncertainty as trade disputes between major economies intensify. NEAR Protocol's NEAR has demonstrated resilience amid this volatility, recovering from a sharp 5.2% decline to establish support at $2.42. The recent price action shows promising signs of accumulation, with increasing volume on the second test of support forming a potential double bottom pattern. This technical structure, combined with the successful break above the $2.46-$2.47 resistance zone, suggests buyers are regaining control despite broader market turbulence. As central banks weigh inflation concerns against economic growth, NEAR's recovery may indicate growing institutional confidence in blockchain infrastructure projects with real-world utility.Technical analysisNEAR-USD exhibited substantial volatility over a 24-hour period, with a notable range of 0.132 (5.2%) between the high...
Donald Trump, Elon Musk Clash Over DOGE Sparks $53 Million Solana Meme Coin
The spat between Elon Musk and President Trump has spawned an unflattering meme and the Kill Big Beautiful Bill, or KBBB, Solana meme coin.Source link
Coinbase Rolls out Wrapped XRP and Dogecoin on Base for DeFi Access
Crypto traders holding XRP and dogecoin ( DOGE) can now access decentralized finance (DeFi) opportunities on Base, Coinbase Global Inc.’s layer two (L2) blockchain, through newly launched wrapped versions of the assets. Coinbase Launches Base-Centric Wrapped XRP and Dogecoin The Nasdaq-listed exchange Coinbase announced Wednesday that its cbXRP and cbDOGE tokens are live on theSource link
Leverage Reconfigures in Q1: DeFi Recovers, CeFi Quietly Expands, Treasury Debt Mounts
Leverage across the crypto economy is evolving, not evaporating.Total crypto-collateralized lending fell 4.9% quarter-over-quarter to $39.07 billion, the first decline since late 2023, Galaxy Research’s Q1 2025 report shows. But while the headline figure contracted, underlying dynamics suggest leverage is shifting form, not fading.Lending in decentralized finance (DeFi) lending took a hit early in the quarter, sliding as much as 21%, before rebounding sharply in April and May. The turnaround was driven largely by Aave’s integration of Pendle tokens, whose yield-bearing structure and high loan-to-value ratios (up to 90%) sparked a wave of fresh borrowing. By late May, DeFi borrowing had surged more than 30% off the lows, with Ethereum leading the recovery. Centralized finance (CeFi) lending climbed 9.24% to...