Crypto

DeLorean is launching an onchain reservation system and marketplace on Sui, giving users priority access to its upcoming electric vehicle. DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars. According to DeLorean, its Build Slot NFT collection grants holders priority access to purchase DeLorean’s upcoming electric car, Alpha 5 EV. The model is the carmaker’s first vehicle in over 40 years, inspired by the iconic flux capacitor from the movie Back to the Future. The company created an exclusive marketplace for its NFT holders, in which users can buy or trade the NFTs using the USDC (USDC) stablecoin on the Sui network and will be able to earn rewards. Read more

The tokens will be deployed on Solana and backed by real securities held by Kraken’s partner, Backed Finance.

The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products.

Sonic Labs GSR collaboration has confirmed the trading firm as market maker for the S token. GSR has committed to injecting liquidity across Sonic’s DeFi stack, mentoring early projects, sponsoring Sonic Summit 2025, and supporting court-approved Multichain liquidation following the 2023 hack. The post Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next? appeared first on Cryptonews.

BTC hits ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP363 BTC hits new ATH of $111k. BTC on track for first golden cross since Oct. Funding rates on majors remain very low. BTC OI on Deribit at record $42.5b. Hyperliquid whale increases BTC position to $1.1bn. Miners appeared dumped BTC right before ATH. HYPE leads rally in L1s, nears ATH. Cetus on SUI faces exploit. IBIT now top 5 in YTD inflows across all ETFs. VanEck to launch private digital asset fund in June. Binance to list WLFI USD1 stablecoin. SOL Mobile’s 2nd Gen Seeker to ship from Aug 4. WLD raises $135m from VCs for expansion. Synthetix drops $27m Derive deal. Hong Kong passes stablecoin bill. Coinbase leak likely happened in December. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to F...

XRP has risen by 3% in the past 24 hours, with market momentum and its chart pointing to the start of a cycle that could bring new record highs. The post XRP Price Prediction: After 50% Gains, Could This Be the Start of a Long-Awaited Supercycle? appeared first on Cryptonews.

Semiconductor exemptions from recent US tariffs are largely illusory. Most enter via finished products like servers, GPUs, laptops and phones. The supposed benefits of semiconductor exemptions are erased. Opinion by: Ahmad Shadid of O.xyz Semiconductors scored a rare exemption from US President Donald Trump’s aggressive reciprocal tariffs, but the relief is symbolic at best. Most semiconductors enter the US embedded in servers, GPUs, laptops, and smartphones.  The finished goods remain heavily tariffed, some with duties reaching up to 49%. The exemption looks good politically but delivers little practical benefit. Nvidia’s DGX systems, crucial for training advanced AI models, do not fall under the exempted HTS codes. Nvidia could pay effective tariffs nearing 40% on these vital components. Such costs threaten to stall critical AI infrastructure projects across the country.  Read more

How Black Mirror’s on-chain experiment is paving the way for the future of entertainment monetization.

Sen. Bill Hagerty said recently that the GENIUS Act, which would pave the way for stablecoin adoption, could bolster U.S. Treasuries.

Dogecoin bulls have propelled $DOGE 9.7 % higher to $0.245, pushing market cap past $36 bn and cementing its rank as the eighth-largest crypto. Daily volume has advanced 66 % to $3.3 bn, while futures open interest has grown almost 59 %, hinting at an attempt to clear the $0.25–$0.27 band. The post Dogecoin Bulls Fuel 66% Volume Surge, Price Eyes $0.45 Breakout appeared first on Cryptonews.

The company unveiled its Perpetual Strife Preferred Stock (STRF) in March.

Record on-chain activity and rare 10-figure allocations have sent the Hyperliquid token buyback scheme into overdrive, bolstering the HYPE price outlook. The post HYPE Price Prediction: With Institutions Circling, Is Hyperliquid the Next Solana?  appeared first on Cryptonews.

OpenAI’s doomsday bunker plan, the “potential benefits” of propaganda bots, plus the best fake books you can’t read this summer. AI Eye.. In the last AI Eye, we reported that scientists from the four leading AI companies believe theres at least a 10% chance of AI killing around 50% of humanity in the next decade one scientist was buying farmland in the US Midwest so he could ride out the AI apocalypse. This week, it emerged that another doomsday prepper is OpenAI co-founder Ilya Sutskever. According to Empire of AI author Karen Hao, he told key scientists in mid-2023 that “we’re definitely going to build a bunker before we release AGI.” Artificial General Intelligence is the vaguely defined idea for a sentient intelligence smarter than humans.  The underground compound would protect the scientists from geopolitical chaos or violent competition between world powers once AGI was released.  Read more

Bitcoin surpassed its all-time high, while meme coins outperformed the leading asset with double digit gains.

Automated, non-custodial crypto portfolio management platform Glider just won the Start in Block competition at Paris Blockchain Week, judged by high-frequency trading firm Auros. Glider Co-Founder Brian Huang and Auros Chief Commercial Officer Jason Atkins joined Decrypt to talk about how the platform enables retail crypto users to “come to the platform with any trading idea,” and implement it through automated tools.

Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said.

The token had a market cap of just $40 million before the purchase.

In Q1 2025, GoPlus ended the quarter with a circulating market cap of $46.1 million and a 60.3% decline in token price since launch. Ecosystem profit rose 373.7% QoQ to $982,521, while blockchain request volume increased across Solana (31.1%), Base (28.7%), Avalanche (11.6%), and BNB Chain (6.4%). Conversely, key offchain activity metrics declined, including API query volume (-9.8%), unique IPs (-47.7%), and active SecHubs (-47.2%). The quarter also included the release of GPS tokenomics, a new 2025 roadmap prioritizing AI and decentralized security infrastructure, the launch of Locker v3, and responses to post-listing concerns with a $2M user compensation plan and a $4.34M buyback.

In Q1 2025, Manta Network’s market cap fell 70.3% to $91.7 million, while MANTA’s price declined 72% to $0.22. Despite a broader drop in activity, protocol revenue rose 19.1% QoQ to $252,600, reversing a three-quarter decline. DeFi TVL dropped 73% to $17.5 million, and stablecoin market cap fell 7.3% to $11.2 million. Manta Pacific integrated Symbiotic and Babylon to launch a dual-layer fast finality system, and the team announced the deprecation of Manta Atlantic, consolidating operations on Manta Pacific. CeDeFi maintained $117.7 million in TVL, and ecosystem growth continued with the launch of the Trophy Room and integrations with DAR ID and Entangle.

The Senate is moving ahead on crypto regulation, and some senators have invested in crypto-related companies. As the question of stablecoin regulation heats up in the US Senate, so has the issue of which members are personally invested in cryptocurrencies and cryptocurrency firms. On May 19, the Senate voted to invoke cloture and move ahead with the GENIUS Act, which would provide a regulatory framework for stablecoins. The measure passed 66-32, with 16 Democrats supporting the bill. Democratic concerns over corruption and politicians’ ties to cryptocurrency firms made the bipartisan move controversial. After the vote was finished, Colorado Senator Michael Bennet introduced the STABLE GENIUS Act. The bill would prevent members of Congress from issuing or investing in digital currency and require them to put their crypto in a blind trust while in office. Read more