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South Korean politician Lee Jae-myung has vowed to approve spot cryptocurrency exchange-traded funds and create a safer investment environment for young investors if elected president. Lee, who is the Democratic Party’s presidential candidate, has rolled out a set of crypto-friendly promises as part of a larger pitch to win over younger voters, according to a Korea Economic Daily report. With the June 3 election approaching, Lee made it clear that digital assets would play a key role in his plans. In a social media post on May 6, Lee said he wants to help young people “[build] assets and plan…

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Ethereum (ETH) seems to have extended its period of price stagnation, trading at $1,770 at the time of writing. The asset has dropped by 3% over the past week and 1.6% in the past 24 hours, continuing its broader corrective trend after reaching a cycle high of $4,107 in December 2024. Although price movement has been limited, on-chain data suggests that certain underlying shifts could influence market behavior in the near term. Ethereum Sees Plunge In Spot Volume CryptoQuant analyst Darkfost has reported that Ethereum’s spot volume is experiencing a consistent decline. His analysis focuses on a bubble chart that…

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Doodles has announced the upcoming launch of its native token, DOOD, on the Solana blockchain.This article will walk you through everything you need to know about claiming your DOOD airdrop, from eligibility criteria to a step-by-step guide on how to secure your tokens.What is Doodles?Doodles is a blue-chip NFT collection that launched in October 2021, featuring 10,000 hand-drawn, pastel-colored characters created by artist Scott Martin (a.k.a. Burnt Toast), along with co-founders Evan Keast and Jordan Castro. These PFP-style NFTs quickly gained popularity due to their artistic flair and strong community.Over time, Doodles has evolved into a multimedia brand, exploring areas…

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Bitwise Asset Management has filed for a spot Near ETF with the United States Securities and Exchange Commission.  According to a May 6 Form S-1 filing, the proposed Bitwise NEAR ETF is designed to give investors direct exposure to the price of the NEAR token by holding actual NEAR tokens in custody. NEAR is the native token of the Near Protocol, a layer-1 blockchain known for its high throughput and energy-efficient proof-of-stake consensus mechanism. Originally launched in 2020, Near was developed to tackle the blockchain trilemma of scalability, security, and decentralization through techniques like Nightshade sharding. Bitwise’s fund would track…

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dogwifhat bears were the dominant force in the memecoin’s market Mid-range support level indicated that a sizeable rally may be feasible in the coming weeks dogwifhat [WIF] has been under severe pressure from sellers in 2025. Since the high of $2.22 made on 03 January, the memecoin has shed 74% of its value. In fact, at the time of writing, it seemed to be consolidating within a two-month range formation. Source: Glassnode The price of the memecoin was well below its realized price, as shown in the chart above. WIF had surpassed the realized price back in November and December,…

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Official Trump token has been unable to defend $13.65 or the $11.56 support levels, making the next bearish target clear Hike in selling recently highlighted that further losses may be highly likely Official Trump [TRUMP] lost two key support levels over the past week. In a previous report, the $13.65 support was highlighted as a key short-term level for the bulls to defend. It was forecast that sustained losses below this level could see $11.56, a local swing low, tested. This scenario has since played out, with the memecoin slipping below the $11.56 support as well. It even retested the…

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BNB – the native token of the Binance ecosystem and BNB Chain, has seen notable resilience and growth in recent weeks. As of early May 2025, BNB is trading around the mid-$580s to low-$600s, hovering just below a major psychological $600 level that has acted as resistance.The broader crypto market backdrop is strong: Bitcoin is near its all-time high (~$94,000) as May begins, reflecting robust liquidity and positive sentiment across digital assets.Technical Analysis: Chart Patterns and IndicatorsBNB’s price action has been range-bound in a tightening consolidation over the past several days. A triangle pattern on the daily chart, suggesting a…

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On May 11, 2020, DeFiChain minted its genesis block, igniting the spark of a revolutionary journey. Five remarkable years later, DeFiChain stands proudly as a pioneering blockchain ecosystem that uniquely integrates the best features of Bitcoin and Ethereum.The Genesis MomentThe inception of DeFiChain was more than just the creation of another blockchain; it was a transformative moment in decentralized finance (DeFi). DeFiChain’s goal has always been clear: to bring decentralized financial services to the Bitcoin ecosystem, seamlessly blending robust Bitcoin security with the versatility of Ethereum-like smart contracts.Five Years of Milestones and AchievementsAs DeFiChain celebrates this significant milestone, we look…

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DOGE has declined by 6.78% over the past seven days, as bears dominated. Dogecoin was retesting a key support level around $0.1667. Over the past week, Dogecoin [DOGE] has experienced strong downward pressure. In fact, as of this writing, Dogecoin was trading at $0.1667, marking a 3.33% decline over the past day. This bearish outlook extended to the weekly charts, dropping by 6.78%. The sustained price decline has left key stakeholders and analysts talking over Dogecoin’s future trajectory. Inasmuch, popular crypto analyst Ali Martinez has suggested a potential price rebound to $0.183. Source: X Martinez observed that Dogecoin was testing…

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Trump’s memecoin gala sparks bipartisan backlash and calls for ethical investigation. TRUMP token dips despite past gains, raising doubts over market trust and intent. Donald Trump is set to host an exclusive gala dinner for the biggest supporters of his Official Trump [TRUMP], stirring fresh controversy across party lines. In a Truth Social post, President Trump revealed plans for a high-profile event on the 22nd of May, inviting the top 220 token holders. Needless to say, this initiative has now sparked bipartisan criticism and renewed impeachment chatter. This initiative highlights Trump’s bold embrace of memecoins, which is going beyond his…

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