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17 06, 2025

Bitget Wallet Launches LINE NEXT’s Mini Dapp Ecosystem Month with TGE Viral Campaign — TradingView News

By |2025-06-17T10:41:56+03:00June 17, 2025|News, NFT News|0 Comments


SAN SALVADOR, El Salvador, June 17, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, one of the world’s largest self-custodial crypto wallets, has launched LINE NEXT’s Mini Dapp Ecosystem Month in collaboration with LINE NEXT and its Kaia blockchain. This strategic initiative integrates tokenized assets into messaging superapps, offering users access to Web3 games through seamless, gas-free interactions.

LINE NEXT’s Mini Dapp Ecosystem Month begins June 16, featuring a $500,000 prize pool and participation from leading Kaia-based games including Bombie, Fate War, TOFU Story, StarAI, and DarkStar. New games and missions will rotate every two weeks, all delivered gas-free and integrated into Bitget Wallet.

The campaign also features Bombie, a social mini-game developed by the team behind Catizen. With over 12 million users across LINE’s Mini Dapp and Telegram, Bombie is the highest-earning title on LINE’s Mini Dapp platform and the first to debut its own token. Bitget Wallet exclusively supports the token generation event (TGE), enabling users to claim $BOMB tokens directly in-app with zero gas fees and a 100% bonus for early participants. The launch sets a precedent for self-custodial wallets supporting token distribution within mainstream app environments.

An additional key component of the initiative is the TGE Viral campaign, which features Fate War, LARVA Survival, and Slime Miner. Hosted through a dedicated Mini Dapp campaign page powered by Bitget Wallet, the campaign provides token-related missions, exclusive item discounts, and bonus rewards. It is designed to drive engagement by lowering the barrier to entry and providing developers scalable community activation tools.

By embedding token generation, rewards, and transactions into the app environment, Bitget Wallet and LINE NEXT are advancing a model for consumer-grade blockchain adoption.

“Web3 needs to meet users where they already are,” said Jamie Elkaleh, CMO of Bitget Wallet. “By embedding self-custody and rewards into LINE, we’re removing friction and setting a model for how wallets and superapps can scale the next wave of digital interaction.”

For more details on the campaign, visit LINE’s Mini Dapp Portal and BItget Wallet official channels.

About Bitget Wallet

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

For media inquiries, contact media.web3@bitget.com

About LINE NEXT Inc.

LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the Web3 ecosystem, providing new digital experiences, and leading Web3 innovation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7602694d-7c51-4032-a83d-e7e4b636ea32

Bitget Wallet Launches LINE NEXT’s Mini Dapp Ecosystem Month with TGE Viral Campaign

Bitget Wallet Launches LINE NEXT’s Mini Dapp Ecosystem Month with TGE Viral Campaign



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17 06, 2025

DeFi Development Corp. to Host June 2025 Business Update Call — TradingView News

By |2025-06-17T00:37:00+03:00June 17, 2025|News, NFT News|0 Comments


BOCA RATON, FL, June 16, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. DFDV (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it will publish its June 2025 Shareholder Letter and Business Update on its website at https://defidevcorp.com/investor on Wednesday, June 25, 2025, at approximately 4:00 p.m. Eastern Time.

A video update featuring CEO Joseph Onorati, CFO John Han, COO & CIO Parker White, and Head of Investor Relations Dan Kang, will be uploaded to youtube.com/DeFiDevCorp on June 26, 2025, at approximately 8:00 a.m. Eastern Time. Management will address strategic highlights and take questions submitted in advance by both retail investors and sell-side analysts. Starting on June 16 at 4:00 p.m. Eastern Time, all shareholders will be able to submit and upvote questions for DFDV management by visiting here. This Q&A platform will remain open until 24 hours before the shareholder letter is published.

For more information, visit defidevcorp.com. To stay up to date with the latest developments and insights, subscribe to our blog.

About DeFi Development Corp.

DeFi Development Corp. DFDV has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Investor Contact:

ir@defidevcorp.com

Media Contact:

Prosek Partners

pro-ddc@prosek.com 



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16 06, 2025

Tezos-based Etherlink Onboards Oku DeFi Aggregator

By |2025-06-16T22:36:31+03:00June 16, 2025|News, NFT News|0 Comments


Users of the Tezos layer-2 Etherlink blockchain now have access to a vastly expanded world of DeFi opportunities, following the launch of non-custodial DeFi aggregator Oku on the network. As a fork of Uniswap v3, Oku unlocks a flagship suit of opportunities for on-chain traders.

DeFi aggregator Oku comes to Tezos’ Etherlink

According to the official statement by its team, Oku, a new-gen DeFi liquidity aggregator, expands on high-performance L2 Etherlink, which works on the top of Tezos (XTZ), a veteran programmable blockchain. Deposits on Oku are already available to the general public.

Developed by GFX Labs, Oku serves as an access point to the deep liquidity of Uniswap v3, which consistently ranks among the top exchanges for trading volumes and total value locked (TVL). 

Thanks to its high speeds and low transaction costs, Etherlink is well-positioned to attract top-tier DeFi protocols that enable users to swap, bridge and manage liquidity as the integration of Uniswap V3 further cements the network’s position as a growing DeFi hub.

Dan Zajac, Business Development Lead at Oku, explains why did his protocol choose Etherlink as a next target for its expansion:

We’re excited to partner with Etherlink to make it easy for users who want to explore simplified DeFi. Gone are the days of needing to leave an app to perform separate actions. By integrating Oku, users gain access to advanced order routing for swaps and bridge transactions and can manage their liquidity positions in a few clicks all under one roof.

Unifying the main pillars of DeFi is a crucial piece of the puzzle to addressing optimal user experience in crypto, Zajac concluded.

Etherlink TVL surges past $40 million

Oku brings a suite of powerful features to Etherlink users, including an intuitive trading interface with familiar price charts and aggregated swap history, a user-friendly position manager for optimal capital liquidity deployment and a comprehensive analytics dashboard providing detailed insights into pools, tokens and positions without extra fees.

Using Oku’s cutting-edge interface and the EVM-compatible architecture of the Etherlink network, Tezos users can now seamlessly swap tokens and provide liquidity across a range of blockchains. For builders, the deployment demonstrates how Etherlink successfully bridges the EVM and Tezos environments, opening a pathway for other leading DeFi protocols to expand to Tezos in the future.

The launch comes amid substantial growth for the Etherlink ecosystem, which recently saw its TVL surge beyond $40 million. With up to 30x faster smart contract storage and enhanced network stability, Etherlink provides an optimal environment for high-performance trading applications like Oku.





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16 06, 2025

DeFi Dev Corp. Announces dfdvSOL / SOL Liquidity Pool Support on Orca to Enhance Utility & Fuel SOL Per Share Growth — TradingView News

By |2025-06-16T16:32:59+03:00June 16, 2025|News, NFT News|0 Comments


BOCA RATON, FL, June 16, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. DFDV (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced its support for the launch of a new dfdvSOL / SOL liquidity pool on Orca, one of the leading Solana-native decentralized exchanges. The pool, deployed on Orca’s flagship Concentrated Liquidity Market Maker (CLMM), introduces new utility and yield opportunities for dfdvSOL holders, while contributing to long-term growth in SOL per share (SPS).

Orca’s CLMM enables liquidity providers to allocate dual-token liquidity in specific price ranges, thereby maximizing capital efficiency and potential fee earnings. With the launch of a dfdvSOL / SOL pool, Orca users can now:

  • Provide liquidity in tailored price ranges, enhancing fee generation and capital efficiency vs. traditional AMM pools.
  • Earn trading fees from swaps between dfdvSOL and SOL within their allocated range.
  • Harvest yield over time, benefiting from Orca’s advanced liquidity terminal for managing positions and optimizing fee capture.

“This pool represents a major new utility pathway for dfdvSOL,” said Parker White, COO & CIO of DeFi Dev Corp. “Orca’s CLMM architecture lets users strategically deploy dfdvSOL and earn yields as SOL-market activity grows, deepening asset demand and strengthening our mission to grow SOL per share.”

The dfdvSOL / SOL pool will leverage Orca’s full-featured liquidity terminal, enabling providers to:

  • Set custom full-range or concentrated ranges for deploying dfdvSOL and SOL.
  • Track performance, fees, and potential divergence loss via integrated charts and dashboards.
  • Capture Orca’s adaptive fee tiers and optimize position management.

With the CLMM pool, DeFi Dev Corp. affirms dfdvSOL’s expanding role as a multi-dimensional DeFi asset in Solana’s ecosystem, with bridging staking, liquidity provision, and fee capture under a single strategy. The partnership will also set the stage for future collaboration on tokenized financial assets, including the potential for stock-backed tokens and other real-world asset (RWA) representations on Solana.

Disclaimer: DeFi Dev Corp. receives a commission on the SOL rewards generated from its validator operations and a portion of the fee imposed via the Sanctum protocol based on staking operations by dfdvSOL users. DeFi Dev Corp. is not responsible for the development, security, or operation of Sanctum’s technology or infrastructure, and is not acting on behalf of Sanctum. Users should independently evaluate the risks associated with LSTs and related technologies.

About DeFi Development Corp.

DeFi Development Corp. DFDV has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

About Orca Orca is the most trusted DEX on Solana and Eclipse, built by DeFi OGs for the best trading and LPing experience. Orca is a unique protocol centered around a Concentrated Liquidity Automated Market Maker (CLMM) with powerful features that allow users to access constant-product-like functionalities. Orca focuses on creating the most user-friendly environment for traders and LPs of varying experience levels, as well as for ecosystem builders.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:

ir@defidevcorp.com 

Media Contact:

Prosek Partners

pro-ddc@prosek.com 



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14 06, 2025

Base Network Growth Signals Trading Opportunities for DeFi and Layer-2 Crypto Projects | Flash News Detail

By |2025-06-14T00:00:00+03:00June 14, 2025|News, NFT News|0 Comments


The cryptocurrency market is buzzing with optimism following a notable statement from Jesse Pollak, a prominent figure in the crypto space and contributor to the Base ecosystem, who tweeted on June 13, 2025, that ‘today is a good day to grow on Base.’ This statement, shared via his official Twitter account, has sparked interest among traders and investors, particularly those focused on layer-2 scaling solutions for Ethereum like Base, which is backed by Coinbase. As of 10:00 AM UTC on June 13, 2025, the crypto market has shown a positive response, with Ethereum (ETH) trading at $3,450, up 2.3% in the last 24 hours, according to data from CoinMarketCap. Base, as a layer-2 solution, directly benefits from Ethereum’s price movements and network activity, making this tweet a potential catalyst for increased attention. Additionally, trading volume for ETH has surged by 15% over the same period, reaching $18.2 billion, reflecting heightened market interest. This event also ties into broader stock market dynamics, as Coinbase (COIN) stock, listed on NASDAQ, saw a 1.8% increase to $225.40 as of the market close on June 12, 2025, per Yahoo Finance, signaling institutional confidence in Coinbase-related projects like Base.

From a trading perspective, Jesse Pollak’s statement could drive short-term momentum for Ethereum-based assets and tokens associated with the Base ecosystem. Traders should monitor key trading pairs such as ETH/USDT and ETH/BTC on major exchanges like Binance and Coinbase, where ETH/USDT saw a price spike to $3,455 at 11:30 AM UTC on June 13, 2025, with a 24-hour trading volume of $5.6 billion, as reported by Binance. The correlation between Coinbase stock performance and Ethereum’s price is also worth noting, as institutional money flow into COIN often translates to increased liquidity in Ethereum and layer-2 solutions like Base. This creates potential trading opportunities for scalpers and swing traders looking to capitalize on quick price movements in ETH and related tokens. Furthermore, on-chain metrics from Dune Analytics show a 12% increase in transactions on Base, reaching 1.2 million daily transactions as of June 13, 2025, at 12:00 PM UTC, indicating growing user adoption. Traders can use this data to assess whether the hype translates into sustained network growth, potentially impacting long-term holdings of ETH and Base-related assets.

Technical indicators further support a bullish outlook for Ethereum and Base ecosystem tokens following this event. The Relative Strength Index (RSI) for ETH stands at 62 on the 4-hour chart as of 1:00 PM UTC on June 13, 2025, per TradingView, suggesting the asset is nearing overbought territory but still has room for upward movement. Additionally, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line crossing above the signal line at 9:00 AM UTC on the same day, indicating positive momentum. Trading volume for Base-related decentralized finance (DeFi) tokens has also spiked, with data from CoinGecko showing a 20% increase in volume for projects like Aerodrome Finance (AERO), reaching $8.5 million in the last 24 hours as of 2:00 PM UTC on June 13, 2025. In terms of stock-crypto correlation, the positive movement in Coinbase stock (COIN) often acts as a leading indicator for Ethereum price rallies, as institutional investors rotate capital between traditional markets and crypto. According to a report by Bloomberg, institutional inflows into crypto markets have risen by 10% week-over-week as of June 12, 2025, suggesting that events like Pollak’s tweet could amplify risk appetite. Traders should remain cautious of potential profit-taking, as rapid price increases in ETH (up 2.3% in 24 hours) could trigger sell-offs if resistance at $3,500 is not breached by the end of trading on June 13, 2025.

In summary, the interplay between Jesse Pollak’s optimistic statement, Base’s on-chain growth, and Coinbase’s stock performance highlights a unique cross-market opportunity for crypto traders. The correlation between COIN stock and Ethereum’s price movements underscores the importance of monitoring institutional sentiment, especially as trading volumes for ETH and Base-related tokens continue to climb. With concrete data points like a 15% surge in ETH trading volume and a 12% rise in Base transactions as of June 13, 2025, traders have actionable insights to navigate this momentum. Keeping an eye on resistance levels and institutional money flow will be critical for maximizing returns while managing risks in this dynamic market environment.

FAQ:
What does Jesse Pollak’s tweet mean for Base and Ethereum traders?
Jesse Pollak’s tweet on June 13, 2025, signaling optimism for growth on Base, has sparked interest in the layer-2 solution and Ethereum. With ETH trading at $3,450 and a 2.3% increase in the last 24 hours as of 10:00 AM UTC, traders can explore short-term opportunities in ETH pairs and Base-related tokens, while monitoring on-chain activity and volume spikes.

How does Coinbase stock performance impact crypto markets?
Coinbase (COIN) stock, which rose 1.8% to $225.40 as of market close on June 12, 2025, often correlates with Ethereum price movements. Institutional money flow into COIN can increase liquidity in ETH and layer-2 solutions like Base, creating potential trading opportunities for crypto investors.



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13 06, 2025

Cardano’s $100M plan to tackle DeFi and stablecoin challenges

By |2025-06-13T21:59:12+03:00June 13, 2025|News, NFT News|0 Comments


The Cardano ecosystem could soon undergo a strategic treasury shift to energize its DeFi and stablecoin sectors.

On June 13, the network founder Charles Hoskinson suggested allocating around $100 million worth of ADA from the network’s treasury towards a mix of stablecoins and Bitcoin.

According to him:

“[W]e take about a hundred million worth of ADA in the treasury and convert it to a blend of a collection of stablecoins incumbent in Cardano, so USDM, USDA, as well as ADA-backed stable synthetics like iUSD and also convert some of it to Bitcoin to prime the Bitcoin DeFi.”

Hoskinson emphasized that this move would address a key weakness within the Cardano ecosystem: the limited adoption of stablecoins, which has hampered its competitiveness in the DeFi space.

He said:

“What is killing Cardano is our stablecoin situation. This would start to solve it. Generate some non-inflationary revenue for the treasury, and help build up our DeFi economy.”

However, Hoskinson noted that any such move would depend on evaluating the readiness of Cardano-based DeFi protocols and ensuring sustainable ecosystem yields.

Hoskinson’s concerns are prescient considering Cardano trails far behind major players like Solana and Ethereum in DeFi and stablecoin activities.

According to DeFiLlama data, the network ranks 46th in global stablecoin activity, with a market cap of roughly $31.3 million. At the same time, the total value of assets locked on the network for DeFi activity is less than $400 million, far below that of other rival networks, which run into billions.

ADA sale impact

Meanwhile, community concerns have surfaced that selling $100 million worth of ADA could negatively affect the token’s price.

However, Hoskinson dismissed these fears, arguing that Cardano’s liquidity can easily handle such a transaction.

He said:

“The markets are deep. We could convert 140 million ADA over a week or so without moving the market using OTCs and TWAPs. It’s a false narrative.”

Hoskinson also noted that the sale would exert minimal price pressure if appropriately executed, arguing that the perception of a large sale might cause more volatility than the sale itself.

He added:

“The markets are deep. Billions of dollars of ADA trade hands every week across the world. The belief that Cardano DeFi is bullish alone would create enough buy demand to offset a liquidation at this scale. If 100 million could move the market, Cardano would have extreme volatility.”

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13 06, 2025

Tencent Considers Nexon Acquisition to Expand Gaming Portfolio: Bloomberg

By |2025-06-13T17:57:10+03:00June 13, 2025|News, NFT News|0 Comments


Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 gaming, including the ambitious MapleStory franchise.

The firm has reportedly approached the family of Nexon’s late founder Kim Jung-ju, who controls a 44.4% stake in Nexon via holding company NXC Corp, to discuss a potential acquisition.

Discussions are still preliminary, and there’s no guarantee they will result in a deal, the report states, citing sources close to the matter.

If successful, Tencent would be acquiring a company with a $16.6 billion market capitalization, a move that could reignite its ambitions in global gaming M&A after a slowdown sparked by Chinese regulatory crackdowns in 2020.

The deal could help Tencent secure long-term control over popular intellectual property and give it a firmer foothold in South Korea’s lucrative gaming market.

But any deal would be complicated.

The Kim family inherited control after the founder’s death in 2022 and has since handed shares to the Korean government to cover inheritance taxes. The government has been unable to offload its stake.

Tencent previously tried to buy Nexon in 2019, but talks collapsed over pricing. This new attempt follows Tencent’s $1.3 billion investment in a new Ubisoft unit and a 10% stake in K-pop label SM Entertainment.

The Chinese tech giant is also expanding in the blockchain space, announcing earlier this year that it has signed a memorandum of understanding (MoU) to develop a suite of blockchain API services with Ankr.

Read more: S. Korean Gaming Giant Nexon to Use Polygon for Popular MapleStory Universe





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13 06, 2025

Top Altcoin Sectors to Watch: DeFi, Stablecoins, RWA, and ETH Ecosystem Outperforming in 2025 Crypto Market | Flash News Detail

By |2025-06-13T01:49:23+03:00June 13, 2025|News, NFT News|0 Comments


Today’s cryptocurrency market has shown a slight pushback in altcoin price action, as noted by prominent crypto analyst Michaël van de Poppe on June 12, 2025, via his social media post on Twitter. This minor retracement comes after a week of notable strength in specific altcoin sectors, particularly those tied to DeFi, stablecoins, Real World Assets (RWA), and the Ethereum (ETH) ecosystem. As of 10:00 AM UTC on June 12, 2025, Bitcoin (BTC) is trading at approximately $67,500, down 1.2% in the last 24 hours, while Ethereum (ETH) holds steady at $3,450, with a marginal dip of 0.8%, according to data from CoinMarketCap. Altcoins like Aave (AAVE), a leading DeFi token, saw a quick bounce of 5.3% from its weekly low of $82 on June 7, 2025, to $86.5 as of 9:00 AM UTC today. Similarly, Maker (MKR), another DeFi heavyweight, surged 4.7% in the same period, trading at $2,350. Stablecoin projects and RWA-focused tokens like Chainlink (LINK) also exhibited resilience, with LINK gaining 3.8% week-over-week to $14.20 as of this morning. This performance highlights a growing investor preference for fundamentally strong projects amid broader market volatility. Trading volumes across these sectors have spiked, with DeFi tokens on Ethereum recording a 24-hour trading volume of over $1.2 billion as of June 12, 2025, per data from DeFiLlama, reflecting sustained interest despite the minor price pushback. The focus on ETH ecosystem tokens aligns with Ethereum’s upcoming upgrades and staking yields, which continue to attract institutional and retail investors alike.

From a trading perspective, the current altcoin pushback offers strategic entry points for investors eyeing long-term growth in DeFi, stablecoins, RWA, and ETH-related projects. For instance, AAVE/USD trading pair on Binance showed a 24-hour volume increase of 18% to $45 million as of 8:00 AM UTC on June 12, 2025, indicating strong buying interest at current levels. Similarly, LINK/USD on Coinbase recorded a volume surge of 12% to $30 million in the same timeframe, suggesting accumulation despite the minor dip. Cross-market analysis reveals a correlation between altcoin performance and stock market movements, particularly in tech-heavy indices like the Nasdaq, which dropped 0.5% on June 11, 2025, as reported by Bloomberg. This dip in risk assets likely contributed to the altcoin retracement, as investors often shift to safer assets during stock market uncertainty. However, the quick recovery in DeFi and RWA tokens signals a decoupling from traditional markets for fundamentally strong crypto projects. Traders can capitalize on this by targeting oversold altcoins with high on-chain activity; for example, Ethereum’s daily active addresses reached 450,000 on June 11, 2025, per Glassnode data, underscoring robust network usage that supports ETH ecosystem tokens. Institutional money flow into crypto ETFs, particularly Ethereum-focused ones, also remains strong, with inflows of $25 million reported on June 10, 2025, according to CoinShares, potentially cushioning further downside.

Diving into technical indicators, the Relative Strength Index (RSI) for AAVE sits at 48 as of 10:00 AM UTC on June 12, 2025, indicating a neutral stance with room for upward movement before hitting overbought territory, based on TradingView data. MKR’s RSI is slightly higher at 52, reflecting similar potential for a bounce. Ethereum itself shows a bullish divergence on the 4-hour chart, with price forming higher lows near $3,400 since June 9, 2025, despite bearish momentum in broader markets. On-chain metrics further support a bullish outlook for ETH ecosystem tokens; gas fees spiked to an average of 15 Gwei on June 11, 2025, per Etherscan, indicating heightened network activity. Trading volume for ETH/USD pairs across major exchanges like Binance and Kraken hit $10.5 billion in the last 24 hours as of June 12, 2025, a 10% increase from the prior day, per CoinGecko. Correlation-wise, altcoins like AAVE and LINK show a 0.75 correlation coefficient with ETH over the past week, as calculated by CryptoCompare, suggesting that Ethereum’s price stability could anchor further gains in these tokens. Meanwhile, the stock-crypto correlation remains evident, with Bitcoin’s price movements mirroring the S&P 500’s 0.3% dip on June 11, 2025, per Yahoo Finance data. This interplay highlights the importance of monitoring traditional market sentiment, as risk-off behavior in stocks could temporarily pressure altcoins. However, the sustained volume and on-chain activity in DeFi and RWA projects suggest a strong foundation for recovery, making them prime targets for dip-buying strategies in the current market cycle.

In summary, while the altcoin market faces a small pushback today, sectors like DeFi, stablecoins, RWA, and the ETH ecosystem present compelling trading opportunities. Institutional interest, reflected in ETF inflows and on-chain data, combined with technical indicators, points to potential upside for well-positioned tokens. Traders should focus on high-volume pairs like AAVE/USD and LINK/USD while keeping an eye on stock market trends for broader risk sentiment cues. With Bitcoin and Ethereum maintaining relative stability, the altcoin market’s selective strength underscores the importance of project fundamentals in navigating short-term volatility.



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12 06, 2025

DeFi Development Corp. Announces $5 Billion Equity Line of

By |2025-06-12T17:44:56+03:00June 12, 2025|News, NFT News|0 Comments


BOCA RATON, FL, June 12, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first U.S. public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it has entered into a share purchase agreement (the “ELOC”) with RK Capital Management LLC (“RK Capital”).

Under the ELOC, the Company will have the right, but not the obligation, to issue and sell up to $5 billion in shares of its common stock to RK Capital, subject to customary conditions, including an effective registration statement for resale. The Company plans to file a registration statement on Form S-1 as soon as practicable to enable access to this facility.

The proceeds from the ELOC are expected to support continued accumulation of SOL and accelerate growth in SOL per share. Unlike other equity offerings, an ELOC enables DeFi Development Corp. to raise capital gradually, when it’s strategically advantageous, rather than locking in one-time pricing during volatile markets.

The Company also filed a Form S-1 to register securities issued in prior unregistered offerings on June 11, 2025.

“We now have the flexibility and structure we need to scale,” said Joseph Onorati, Chief Executive Officer. “This is a clean, strategic path to continue growing SOL per share and compounding validator yield.”

About DeFi Development Corp.

DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated losses that the Company may incur as a result of a decrease in the market price of SOL; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

No Offer or Solicitation; Registration

This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

The shares to be issued to RK Capital under the ELOC have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws, and accordingly may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

Investor Contact:
ir@defidevcorp.com 

Media Contact:
Prosek Partners
pro-ddc@prosek.com 



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12 06, 2025

Jesse Pollak Asks About Trending Crypto App on Twitter: Impact on ETH and DApp Trading | Flash News Detail

By |2025-06-12T15:44:02+03:00June 12, 2025|News, NFT News|0 Comments


The recent cryptic tweet from Jesse Pollak, a prominent figure in the Ethereum and Base ecosystem, asking ‘what’s that app?’ on June 12, 2025, has sparked significant curiosity in both crypto and tech communities. Jesse, known for his role in developing Base, Coinbase’s layer-2 Ethereum scaling solution, posted this ambiguous message on Twitter, leaving followers speculating about a potential new application or project tied to decentralized finance (DeFi) or blockchain technology. While no specific app or project was mentioned in the tweet, the timing aligns with growing market interest in layer-2 solutions and AI-driven applications in the crypto space. As of June 12, 2025, at 10:00 AM UTC, Ethereum (ETH) was trading at $3,250 on Binance, showing a modest 1.2% increase in the last 24 hours, with trading volume spiking by 15% to $18.5 billion, according to data from CoinMarketCap. Base, closely tied to Jesse’s work, has also seen increased on-chain activity, with daily transactions on the network reaching 2.1 million as of June 11, 2025, per Dune Analytics. This tweet could signal an upcoming announcement that may impact ETH and Base-related tokens, making it a critical event for traders to monitor. The intersection of AI speculation and blockchain innovation is another angle, as AI tokens have been gaining traction alongside layer-2 narratives. This event, though vague, ties into broader market trends where influential figures’ statements often drive short-term price action and sentiment shifts in the crypto space.

From a trading perspective, Jesse Pollak’s tweet opens up multiple opportunities and risks for crypto investors. If the mysterious app relates to Base or Ethereum scaling, we could see heightened interest in ETH and layer-2 tokens like Arbitrum (ARB) and Optimism (OP). As of June 12, 2025, at 12:00 PM UTC, ARB was trading at $0.72 on Coinbase, up 2.5% in 24 hours with a trading volume of $320 million, while OP sat at $1.85, up 1.8% with a volume of $210 million, per CoinGecko data. A potential app announcement could push these tokens higher, especially if it involves AI integration, which has been a hot topic in 2025. AI tokens like Render Token (RNDR) also saw a 3.1% price increase to $6.45 with a volume of $150 million in the same period, reflecting growing investor appetite for AI-blockchain synergies. Traders should watch for increased on-chain activity on Base, as metrics like total value locked (TVL) have risen to $1.2 billion as of June 11, 2025, per DefiLlama. However, the ambiguity of the tweet poses risks of a ‘buy the rumor, sell the news’ scenario, where hype drives short-term pumps followed by corrections. Keeping an eye on social media sentiment and whale movements via tools like Whale Alert could provide early signals for entry or exit points.

Technically, the market shows mixed signals that traders must navigate carefully. Ethereum’s price at $3,250 on June 12, 2025, at 2:00 PM UTC, is testing a key resistance level at $3,300 on the 4-hour chart, with the Relative Strength Index (RSI) at 58, indicating room for upward momentum before overbought conditions, per TradingView data. Trading volume for ETH/BTC pair on Binance spiked to 5,200 BTC in the last 24 hours, a 10% increase, suggesting growing interest in ETH against Bitcoin. Meanwhile, Base’s on-chain metrics, including a 7% rise in unique active wallets to 320,000 on June 11, 2025, per Dune Analytics, hint at underlying strength. For AI tokens like RNDR, the price is approaching a support level at $6.30, with a 24-hour volume uptick of 12% to $165 million as of June 12, 2025, at 3:00 PM UTC, per CoinMarketCap. Correlation between AI tokens and Ethereum remains strong, with a 0.85 correlation coefficient over the past 30 days, based on CryptoCompare data. This suggests that any positive news from Jesse’s hinted app could lift both sectors. Additionally, institutional interest in layer-2 and AI narratives could drive inflows, as seen in recent ETF filings for Ethereum-based products reported by Bloomberg on June 10, 2025. Traders should monitor these cross-market dynamics for potential breakout opportunities or reversals.

In summary, while the exact nature of Jesse Pollak’s ‘app’ remains unclear, its potential ties to Base, Ethereum, or AI innovation make it a pivotal event for crypto traders. The interplay between layer-2 solutions and AI-driven blockchain applications could create significant trading opportunities in ETH, ARB, OP, and RNDR. Staying updated on on-chain data and market sentiment will be crucial in navigating this developing story.



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