Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.
SOL Strategies Inc. is preparing for potential capital raises to support its pivot toward the Solana blockchain. The company has filed a preliminary base shelf prospectus with Canadian securities regulators, allowing it to offer up to $1 billion in various securities — including common shares, warrants, subscription receipts, and debt — should market conditions align in the future.
CEO Leah Wald emphasized the move as a strategic, long-term step: “The filing of a base shelf prospectus supports our growth strategy by providing us with the flexibility to access capital as future opportunities arise in the rapidly evolving Solana ecosystem.”
Although no offerings are currently planned, this filing positions the firm to act quickly when needed. Formerly Cypherpunk Holdings, its Strategies rebranded last year to reflect its new investment focus on Solana-based opportunities, leaving behind its previous Bitcoin-centric approach.
This announcement signals the company’s growing commitment to infrastructure, DeFi, and blockchain innovation potential.
Crypto Market Sees Major Moves: Bitcoin Dips, Moonchain Soars 300%
May 29, 2025, was a rollercoaster in the crypto world. Bitcoin (BTC) dipped below $108,000, signaling a potential market correction. Analysts suggest that large holders, or “whales,” are beginning to distribute their assets, possibly indicating a market top .
In contrast, Moonchain (formerly MXC) experienced an astronomical rise, surging over 300% in just 24 hours. This unexpected spike has caught the attention of investors and traders alike, marking it as one of the day’s standout performers .
Meanwhile, XRP continues to gain traction globally. Data reveals that nearly half of XRP futures trading occurs outside U.S. hours, emphasizing its international appeal .
On the regulatory front, Bybit has been granted a MiCA license in Austria, allowing it to operate under the European Union’s new crypto regulations. This move signifies the EU’s commitment to integrating crypto into its financial systems .
Additionally, U.S. Vice President JD Vance praised former President Donald Trump as a “champion of crypto,” highlighting the increasing political support for digital assets .
As the day concludes, the market remains as dynamic as ever, with significant shifts in prices and growing institutional interest. Investors are advised to stay informed and exercise caution in this volatile environment.
New Arrest in SoHo Bitcoin Torture Case: Business Partner of Crypto Investor John Woeltz Surrenders
Just days after the shocking arrest of crypto investor John Woeltz on bitcoin, a second man tied to the grisly SoHo torture case has turned himself in. William Duplessie, 33, arrived at the NYPD’s 13th Precinct in Manhattan on Tuesday, now facing the same chilling charges of kidnapping and torture.
Authorities allege that Duplessie, believed to be Woeltz’s business associate, helped hold an Italian man hostage inside a rented $40,000-a-month townhouse for over two weeks. Prosecutors say the victim was beaten, electroshocked, forced to smoke crack, cut with a saw, and threatened at gunpoint — all to extract a Bitcoin password.
New evidence presented in court includes photographs of the victim being tortured and disturbing paraphernalia found in the home: body armor, night vision gear, drugs, and ammo. The victim eventually escaped by lying about where his crypto wallet password was stored.
While Woeltz skipped his scheduled court appearances, Duplessie’s lawyer tried to argue for house arrest in Florida on a $1 million bond. The judge refused, citing flight risks — including Woeltz’s alleged access to a private jet and helicopter.
Both men remain in custody, facing serious prison time in what’s being called one of the most bizarre crypto crimes in recent memory.
Ripple is making waves this May, climbing to $2.29 and outperforming both Bitcoin and Ethereum. This surge comes amid renewed investor interest and a broader market rally.
While Bitcoin and Ethereum have shown modest gains, Ripple’s ascent stands out. Analysts attribute this performance to increased adoption and positive sentiment in the crypto community. The token’s resilience and potential for further growth have caught the attention of investors worldwide.
Looking Ahead
As Ripple continues its upward trajectory, market participants are closely monitoring its performance. With strong fundamentals and growing interest, XRP may continue to outpace its peers in the coming weeks.
While the crypto market faced a downturn on May 29, 2025, ETH showcased resilience, climbing 3.04% to reach $2,727.72. This uptick comes amid a broader market slump, highlighting Ethereum’s strength in uncertain times.
Ethereum’s Performance Amid Market Turbulence
ETH’s recent surge is attributed to several factors. Notably, the network processed a record 4.1 billion transactions this month, driven by increased activity in decentralized finance (DeFi) and non-fungible tokens (NFTs). Additionally, the upcoming $2.4 billion options expiry has traders positioning themselves, contributing to heightened trading volumes.
Analysts suggest that Ethereum’s robust infrastructure and active developer community are key drivers of its sustained growth. The network’s ability to handle high transaction volumes efficiently has bolstered investor confidence, even as other cryptocurrencies face headwinds.
Looking Ahead
As ETH continues to demonstrate strength amid market volatility, investors are closely watching for potential breakout signals. With key resistance levels approaching, the coming days could be pivotal for ETH’s trajectory. Market participants are advised to stay informed and consider both technical indicators and broader market trends when making investment decisions.
NFT Lending Is in Critical Condition: Down 97% — Is There Any Way Back?
The NFT lending market has absolutely tanked in 2025, plummeting from $1 billion in January to just $50 million today — a shocking 97% collapse in less than 6 months.
It’s not just a correction; it’s a full-on capitulation.
Lenders & Borrowers: Both Ghosted
According to DappRadar’s latest report:
Borrowers dropped by 90%
Lenders fell by 78%
Average loan size shrunk from $22K in 2022 to just $4K in 2025
Even hardcore NFT believers are now on the sidelines. The hype has been replaced by hesitation.
Gondi Is Winning What’s Left of the Market
In this shrinking battlefield, Gondi has emerged as the new king — eating up 54.2% of market share with a focus on long-term art-based lending.
Compare that to Blend, once the king with 96% dominance, now losing steam as it struggles to retain liquidity without constant airdrops and incentive loops.
Pudgy Penguins Lead Loan Activity
Despite the downturn, a few blue-chip and are still moving capital:
Pudgy Penguins: $203M loaned since January
CryptoPunks, Azuki, Beeple, Fidenzas also seeing some traction
Meanwhile, average loan duration has shrunk from 40 days to 31 days, showing users are nervous and keeping exposure short.
Even Big Brands Are Backing Out
It’s not just users — big Web2 players are ditching NFTs:
Starbucks shut down its loyalty program
GameStop and DraftKings pulled the plug on their NFT marketplaces
Bybit and X2Y2 exited the NFT space entirely
X2Y2 even announced plans to pivot into AI. That’s how cooked the NFT lending meta is.
What Can Save NFT Lending?
Per DappRadar, here’s what might bring the market back:
Real-world assets (RWA) as collateral
Intent-based UX instead of listing-only models
DeFi-native credit scores to minimize rug risk
Utility-first NFTs — think gaming, ticketing, and identity
Bottom Line: It’s Not Dead, But It’s Definitely in a Coma
The lending market isn’t dead yet, but it needs a serious rebrand and tech upgrade to come back.
For now, projects like Gondi and collections like Pudgy Penguins are keeping the lights on.
But unless we move from JPEG hype to real use cases, lending might become another relic of the last cycle.
XRP ETF Hype Grows Despite 1% Dip – Could XRP Hit $10+ by End of 2025? Solaxy (SOLX) Presale Explodes Past $41.5M
XRP has taken a minor hit in the past 24 hours, dropping by 1% to $2.30 as the broader crypto market dipped 2.5%. That said, XRP still boasts a jaw-dropping 330% gain over the past year, showing its resilience amid market turbulence.
Despite the dip, XRP remains the fourth-largest cryptocurrency and continues to attract major attention — especially with XRP ETFs on the horizon.
Short-Term XRP Price Action: Trouble Ahead or Just a Dip?
On-chain data from CryptoQuant shows active addresses on the XRP Ledger have collapsed from 108,000 in December to just 23,000 today — a steep 80% drop.
That’s far more than the 30.5% drop in price since XRP’s seven-year high of $3.31 on January 18.
While this decline hints at reduced interest, the context matters:
XRP’s current activity still outpaces most of 2022–2023.
Fewer active wallets can also signal stronger long-term holding, not necessarily bearish behavior.
Still, RSI levels have cooled from 70 to under 50, suggesting some near-term softness. Analysts forecast a possible drop to $2.20, but with strong fundamentals, XRP could rebound to $2.50+ by July.
XRP ETFs Could Be a Game-Changer
History is bullish. When BTC ETFs launched in 2024, Bitcoin soared from $35K to $99K.
Now with up to 10 XRP ETFs in the pipeline, the market is buzzing with predictions:
“How much will XRP be by 12/31/25?” A. $10+ B. $100+ C. $1,000+ #XRP #RLUSD #XRPETF 💎 — Kenny Nguyen (@mrnguyen007)
While $100+ may be a moonshot, a move to $4.00 or more by year-end seems reasonable if ETF approval happens and market sentiment shifts bullish again.
Solaxy (SOLX): $41.5M Raised – The Next Big Presale Token?
For those seeking high-upside plays beyond XRP, Solaxy (SOLX) is quickly becoming the talk of the presale scene.
💰 $41.5 million raised so far. 🧠 Solana-powered + eco-energy narrative = viral potential. 📈 SOLX aims to connect DeFi with real-world solar energy systems.
As presale tokens often rally hard post-launch, SOLX could be a hidden gem for early-stage investors looking to maximize ROI.
Final Word:
XRP’s near-term dip may test patience, but its long-term outlook powered by ETF catalysts looks rock solid. Meanwhile, Solaxy (SOLX) is already proving presales can still deliver big in 2025. Whether you’re betting on blue chips or breakout tokens, this cycle’s only just getting started.
Pepe Price Prediction: 90% Rally Incoming? MIND of Pepe AI Token Raises $11M in Viral Presale
Meme coin madness is far from over, and Pepe (PEPE) is leading the charge. With a staggering 54.7% monthly gain, its has once again cemented itself as a standout performer among top meme assets.
Between May 21 and 23, PEPE’s trading volume surged beyond $2 billion — peaking at $2.8 billion in just 24 hours. That’s over half of its circulating supply, a clear indicator of the current explosive demand.
The wider market rebound has lifted meme tokens, with mid-sized projects like Pudgy Penguins (PENGU) and Popcat (POPCAT) seeing strong short squeezes. But it’s breakout that has traders buzzing.
Data from Coinglass shows open interest in PEPE futures has climbed from $166M on March 10 to $700M — a yearly high hit just six days ago. Although the 2025 trading volume record still stands at $5.3B (Nov 13), this year’s peak of $3.73B is fast catching up.
Bullish Setup Forms: $0.000029 in Sight?
It recently broke out of a descending wedge pattern and is now consolidating around the $0.000013 support level — a setup eerily similar to its pre-surge pattern from early May.
RSI at 57.84 suggests room to run before overbought territory is reached.
MACD near the baseline hints at a bullish momentum reversal.
A break past $0.000022 resistance could pave the way for a test of $0.00002836.
A measured move from current levels projects a 90% price rally, aligning with a target range of $0.00002680–$0.00002900 in the coming weeks.
Meet MIND of Pepe: AI x Meme Magic
As the token leads the charts, its AI-powered cousin, MIND of Pepe (MIND), is making waves too. This viral AI agent — already live on X — combines real-time market insights with meme virality to engage massive audiences.
Since its January presale, MIND has raised nearly $11 million, and it’s just getting started.
Why $MIND matters:
Holders get exclusive alpha from the AI agent.
Priority access to future meme coin launches backed by the agent.
The ability to swap USDT, SOL, or use a bank card to invest via the official MIND of Pepe website.
As MIND grows in influence, so does the value proposition for early $MIND investors.
Solana’s May Momentum: Breaking Records and Price Charts
Solana (SOL) is making waves this May, soaring 23% to hit a new 2025 high of $186. The network’s impressive performance is backed by processing a staggering 4.1 billion transactions this month, driven by a surge in meme coin activity and NFT launches .
SOL’s Network Activity Fuels Price Surge
The spike in SOL’S price isn’t just market hype. The network’s ability to handle 3,200 transactions per second at peak capacity showcases its robust infrastructure. However, the increased activity has also highlighted the need for optimized node configurations to manage congestion during high-volume periods .
With a market cap reaching $96.7 billion, Solana’s growth is a testament to its scalability and the increasing demand for efficient blockchain solutions.
Looking Ahead
As it continues to attract developers and users alike, its trajectory suggests sustained growth. The combination of high throughput and active community engagement positions Solana as a formidable player in the crypto space.
Bitcoin is chilling around $108,800 today, May 28, 2025, after peaking at $112K earlier this week. The market’s in a wait-and-see mode, with traders watching for the next big move.
Right now, BTC is trading at $108,815, down 0.67% from yesterday. The intraday high hit $110,425, while the low dipped to $108,559. Analysts are eyeing key levels: bullish above $109,725, bearish below $108,825 .
What’s Fueling the Market?
Several factors are in play:
ETF Inflows: Bitcoin spot ETFs pulled in $5.77B in May, marking their best performance since November .
Macro Events: Upcoming Nvidia earnings and the Federal Reserve’s minutes could sway market sentiment .
Institutional Interest: Predictions suggest BTC could reach $140K this summer, driven by institutional investments .
Looking Ahead
While Bitcoin’s price is steady now, the market’s poised for movement. Keep an eye on ETF flows, macroeconomic indicators, and institutional activity. As always, stay informed and trade wisely.BTC Stays Calm Before the Storm
Bitcoin is chilling around $108,800 today, May 28, 2025, after peaking at $112K earlier this week. The market’s in a wait-and-see mode, with traders watching for the next big move.
Bitcoin’s Current Vibe
Right now, BTC is trading at $108,815, down 0.67% from yesterday. The intraday high hit $110,425, while the low dipped to $108,559. Analysts are eyeing key levels: bullish above $109,725, bearish below $108,825 .
What’s Fueling the Market?
Several factors are in play:
ETF Inflows: Bitcoin spot ETFs pulled in $5.77B in May, marking their best performance since November .
Macro Events: Upcoming Nvidia earnings and the Federal Reserve’s minutes could sway market sentiment .
Institutional Interest: Predictions suggest BTC could reach $140K this summer, driven by institutional investments .
Looking Ahead
While Bitcoin’s price is steady now, the market’s poised for movement. Keep an eye on ETF flows, macroeconomic indicators, and institutional activity. As always, stay informed and trade wisely.
