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EdTech Firm Classover Bets Big on Solana With $500M Treasury Deal

Classover Holdings Inc., a global K–12 edtech company valued at $63 million, is diving deep into crypto with a $500 million treasury initiative centered on Solana (SOL). The firm has entered into a binding agreement with Solana Growth Ventures LLC to issue senior secured convertible notes worth up to $500 million, a move designed to stabilize its financial footing and build a crypto-backed reserve.

Classover signs a $500M convertible notes agreement, planning to invest up to $900M in Solana amid liquidity pressure.

The contract stipulates an initial $11 million payment, subject to standard closing conditions. Once finalized, Classover will be required to allocate up to 80% of the funds raised toward purchasing SOL tokens, solidifying its strategic commitment to the Solana ecosystem.

This comes after a prior purchase of 6,472 SOL for $1.05 million. The company is now reportedly eyeing discounted locked tokens to expand its holdings further. Including a previous $400 million equity deal, Classover’s total potential investment in Solana could reach $900 million.

Company CEO Ms. Luo called the move a “significant milestone,” stating the plan will “restructure Classover’s treasury model with blockchain integration at its core.” Financial advisory is being handled solely by Chardan.

However, this ambitious pivot to Solana comes amid financial strain. The firm reported a 102% drop in revenue over the past year and a dangerously low current ratio of 0.02, signaling tight liquidity. This $500M convertible note agreement appears to be a lifeline—and a bold bet on crypto—to keep the company afloat.

To further align operations with this strategic shift, Classover has adjusted executive compensation. CFO Yanling Peng’s annual salary is now set at $156,000 effective May 1, 2025.

Founded in 2020, Classover provides live, online courses for K–12 students across the globe. This new crypto-heavy initiative could mark a significant turning point for the company as it works to stabilize and scale amid mounting pressure.

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BREAKING: Elon Musk’s XChat Unveils 5 Game-Changing Features Inspired by Bitcoin

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Elon Musk Drops XChat: Bitcoin-Level Security Meets Messaging

Elon Musk has officially announced XChat — a brand-new messaging app that might just shake up how we talk online. Built using the Rust programming language and backed by Bitcoin-style encryption, It promises next-level privacy and powerful features.

So what makes it so different? Think end-to-end encryption, vanishing messages, file transfers of all types, and video/audio calls — all without needing a phone number. According to Musk, it’s going to work across every platform seamlessly. That alone is a flex.

When asked for a comparison, Musk’s AI assistant Grok had this to say: “XChat is fresh and packed with potential — secure and versatile like Signal but not yet audited. Telegram’s got the crowd but less privacy. Signal’s still the best for security. XChat? It’s for die-hard X users.”

Traders Not Vibing With Bitcoin Right Now

The timing of the XChat launch lines up with a weird mood in the crypto market. While Bitcoin is still holding strong above $104K — sitting at $104,492 at press time — trading volume has dipped by 17%, showing users might be pausing their moves.

With Elon pushing both messaging and crypto innovation, It could be more than just another app. But until it’s audited and proven, the crypto-savvy might want to stay alert.

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BREAKING: Hong Kong Firm Bets Big on Bitcoin With Bold $1.5B Move

$1.5B Bitcoin Bet: Reitar Logtech Goes Digital

In a massive crypto power move, Reitar Logtech Holdings Ltd, a logistics-tech and real estate firm from Hong Kong, has just announced plans to purchase up to $1.5 billion worth of Bitcoin. The details were made public in a filing with the U.S. SEC (001-42210), and it’s already shaking up the corporate treasury scene.

Reitar is making this play to diversify its financial reserves and future-proof itself in a fast-changing global economy. Bitcoin is at the center of the company’s treasury revamp plan, and it’s not just about holding crypto—it’s a move toward scaling operations and innovation in supply chain tech.

Company chairman and CEO Kin Chung Chan (also listed as John Chan) said this initiative will provide the company with more flexibility for growth, acquisitions, and entry into new markets.

“This Bitcoin treasury plan strengthens our foundation while aligning us with global digital trends,” said Chan in the official filing.

And it’s not just Reitar making moves. Strategy (formerly MicroStrategy) also announced a new purchase of 705 BTC worth $75.1 million, bringing its total to 580,955 BTC—over $60 billion in value.

Looks like corporate crypto plays aren’t slowing down. From tech giants to logistics leaders, Bitcoin is becoming the go-to hedge for global expansion.

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Whale Moves & $323M Losses Hit Solana — Will $150 Hold? | BTC Bull Token Presale Nears $7M

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SOL Bleeding While BTC Bull Token Flexes

Solana’s lookin’ rough rn — trading at $154, down 1.29% in 24h. Why? Whales just dropped a massive 999K $SOL bomb (worth $161M), and the market ain’t vibing. Add on $323M in realized losses and yeah… the bears are eating good.

Charts? Straight L. SOL broke under key support like the 34-day EMA at $163, and it’s sliding inside a falling channel. Volume’s spiking, selling’s heavy, and everyone’s side-eyeing the $150 support zone. If that breaks, next stops could be $142 or even $134.

But hey, it’s not all doom.

Solana’s still cookin’ on the dev side — it just linked up with Chainlink’s CCIP for real cross-chain moves (first time outside Ethereum 👀) and dropped a slick App Kit for devs to build dApps on mobile fast. So long-term? Still bullish.

Meanwhile…

BTC Bull Token Pulling All Eyes

While SOL bleeds, $BTCBULL is grabbing attention. Presale’s pushing $6.6M with a hard cap of $7.67M. It’s got this insane 62% APY staking pool — no lockups, no fees, full liquidity. Plus: supply burns tied to BTC price, and airdrops when BTC pumps.

Token’s at $0.00254, but once that cap hits? Price goin’ up.

TLDR: Solana’s down bad, but not out. BTC Bull Token’s heating up and might just be the next sleeper alt to ride. Choose your fighter.

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Michael Saylor Drops $75M on Bitcoin, Invites Joe Rogan for Game-Changing BTC Talk

Bitcoin just got another high-profile moment. Michael Saylor, founder of Strategy, isn’t just stacking sats—he’s also trying to bring Bitcoin to Joe Rogan’s massive audience. In response to Rogan’s tweet asking who he should interview next, Saylor shot his shot: “Let’s talk about Bitcoin.” And let’s just say, crypto Twitter went wild.

This comes right after Saylor announced another huge BTC buy: 705 BTC for a whopping $75 million. That marks Strategy’s eighth straight week of BTC purchases. Between May 26 and June 2, the company scooped up coins at an average price of $106,495. That brings their total stash to 580,955 BTC—valued at nearly $60 billion.

They’ve spent $40.68 billion in total so far, with an average entry point of $70,023 per coin. That’s nearly $20 billion in unrealized profit, translating to a solid 16.9% return on investment.

How’d they fund this? Strategy offloaded over 728,000 shares of STRK and STRF, raising $74 million to back the buy. Just days earlier, the company grabbed 4,020 BTC for $427 million.

While BTC itself dipped over the weekend to $103,911—a 5% weekend slide—volume is up 20%, hinting at strong investor interest. Meanwhile, bullish price targets from names like Charles Hoskinson and Robert Kiyosaki are keeping long-term hype alive.

If the Rogan interview happens, this could be Bitcoin’s biggest cultural push yet.

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Ethereum Struggles at $2,482 Despite $321M Inflows — Bull Trap or Real Breakout?

Ethereum Bags $321M Inflows—But Still Can’t Crack $2.5K?

Ethereum is seeing big money roll in—$321 million last week, its highest since December 2024. That’s six straight weeks of gains, adding up to $1.19B in institutional love. So, why is the price still stuck at $2,482?

Let’s break it down:

On-Chain Vibes:

ETH is locked between $2,475 and $2,555—no breakout yet.
RSI is at 36.23 = almost oversold.
MACD is still red (-3.66), signaling weak momentum.

Zoom in to the 1-minute chart and it’s just as boring. ETH is chopping around $2,483 with no conviction. Short-term MACD flipped green (0.61), but nothing major.

ETH needs to break back above $2,500–$2,520 to wake up the bulls. If it slips under $2,475, things could head south toward $2,400 fast.

Meanwhile, digital asset funds pulled in $286M total last week. But Bitcoin broke its 6-week inflow streak, and XRP got smacked with $28.2M in outflows. Even BlackRock’s IBIT saw a record $430.8M exit in one day.

Big money’s still eyeing ETH—but if the charts don’t shape up soon, this could be a bull trap in disguise.

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Breaking !Bitcoin Crash Incoming? $340K Dream at Risk If Key Support Fails

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Bitcoin Eyes $340K? Analyst Says It’s Now or Never for BTC Rebound

Bitcoin is chilling at $103,993 after a slight 0.18% dip, but don’t count it out just yet. Crypto analyst PlanD sees massive upside—$340K levels—if BTC holds its ground in the $91K-$100K support zone.

He’s spotting a cup-and-handle formation that’s been building since the 2021 drop to $69K. The “cup” was filled by March 2024, and now the “handle” is forming below $112K.

Technical Breakdown:

BTC is in a descending channel—a classic consolidation phase.
Resistance sits at $105,292 (50 EMA), which BTC must crush to see a breakout.
RSI is under 40 (mildly oversold), and the MACD is showing signs of a reversal brewing.
Support levels to monitor: $104,514, $103,149, and $102,141.

🚨 Close above $105,292 with strong candles (engulfing, three white soldiers), and BTC could hit $107K+ fast.

Meanwhile, enter Best Wallet ($BEST)—a crypto wallet going beast mode:

Supports 1,000+ tokens
Built with Fireblocks MPC-CMP tech for A-tier security
Offers presale token buys directly inside the app
$BEST token = lower fees, staking rewards, exclusive airdrops

🔥 $12.95M raised already, and tokens are just $0.025115. Early access = early wins.

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Donut Labs Raises $7M to Launch AI-Powered Crypto Browser — Say Goodbye to Chrome?

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Donut Labs Just Scored $7M to Reboot the Browser — Now With Crypto, AI & Vibes

Say bye to your boring old browser. 👋 NYC-based Donut Labs just raised $7 million to build the world’s first AI-powered “agentic” crypto browser — and it’s not playing around.

“We’re reconstructing the front end of the internet,” said founder Chris Zhu. “Think Chrome meets GPT, but with built-in crypto powers.”

💸 Who Threw the Bag?

The pre-seed round was led by HSG, Bitkraft, and HackVC, with angels from the Solana ecosystem, Matrix Partners, Sky9 Ventures, and Makers Fund jumping in too.

They’re all betting big on Donut, a crypto-native browser with:

⚙️ Built-in wallet
🔁 DEX integration
🌐 On-chain access
🤖 AI agents that can execute blockchain ops like a boss

🧠 What Makes Donut Special?

Unlike Chrome or Brave, Donut isn’t just “web3-compatible.” It’s built for AI agents from the ground up.

🧠 AI reads the page, gets your intent, and can make moves (swap tokens, sign contracts, even stake your bags)
🛡️ AI safety checks every action with a “plain English” translation of scary calldata
🔐 Secure isolated signing + risk scoring = safer DeFi moves

Basically, Donut can sign, trade, bet, yield farm, and more — on autopilot (with your permission, obvs).

🧩 The Bigger Picture

“Traditional browsers haven’t evolved in 30+ years,” Zhu said. “We’re rebuilding it for a hyper-financial, AI-native internet.”

The goal? A browser where you and your AI assistant co-pilot everything from swapping $SOL to farming that next $DOGE2x rug… responsibly.

⚠️ TL;DR — Donut’s Got That Glaze:

🌐 It could replace Chrome for the Web3 crowd

🍩 Donut Labs raised $7M to build an AI-powered crypto browser

🔗 It includes a wallet, DEX, and AI agent that executes blockchain actions

🛡️ Transactions get risk-screened and explained like you’re 5

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XRP vs Bitcoin: Ripple CEO Says BTC Is Slow & Overrated — Sparks Major Debate

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Brad Just Dragged Bitcoin — XRP to the Moon or Nah?

XRP CEO Brad Garlinghouse did not hold back. At a recent high-level event with reps from the IMF and Swiss National Bank, Brad called out Bitcoin like it owed him money.

“Bitcoin is kinda slow and kinda expensive,” Brad said bluntly, comparing it to it, which he claims is “1,000x faster and cheaper.”

XRP’s Pitch: Kill the Pre-Funding Era

Brad went off about how banks currently hold cash all over the world just to make international payments — a messy system called pre-funding. His take? The token can nuke that whole model by acting as a bridge currency. Basically:

Why wait 3 days to move money when XRP can do it in seconds?

He even said XRP could help “exotic currencies” (aka the ignored underdogs of the FX world) connect to global finance better. Real inclusive vibes.

Vision: Internet of Value > Internet of Just Memes

Brad’s endgame? The token becoming the TCP/IP of money — a tech layer powering the Internet of Value, where payments fly like DMs.

“$100M or $30 — everyone should be able to move money, fast and cheap,” he said.

Internet Reacts: BTC Maxis vs XRP Army

A video clip hit X (formerly Twitter) and the crypto fam had thoughts.

🟠 BTC Stan: “Decentralization > speed. BTC still leads in trust & adoption. XRP ain’t it.”
🔵 Its Defender: “LMAO. Who’s buying BTC for cross-border payments? IT actually works. Stop coping.”
Troll Watch: “Brad still handing out free XRP? Bro’s trying too hard.”

TL;DR — No Cap Breakdown:

Crypto Twitter is having a full-on meltdown

Brad Garlinghouse 🔥 roasted Bitcoin at a big-time event

Claims the token is 1000x faster & cheaper

Says the token can kill pre-funding and boost forgotten currencies

Vision: make sending money as easy as sending memes

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SOL Gets Shaky: SEC Drama Sends Solana Tumbling – Is $200 Still in Sight?

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SEC Spooks the Party – Solana Slides

May ended with some serious crypto turbulence. The SEC dropped a cold bucket on the hype train around Ethereum and Solana ETFs, and boom – $SOL dropped 11.45%. Yup, a full-on dip. For 23 days, Solana was vibing between $155 and $185… until the ETF drama hit the fan.

On-Chain Heat Check: Users Still Showing Up

Despite the price slip, SOL’s ecosystem is actually getting more action. New wallet addresses keep climbing –

March: 98.3M
April: 111M
May: 123.8M

That’s major growth and lowkey shows the SOL fam isn’t backing down. Adoption? Still climbing.

Funding Rates & Bearish Feels

Funding rate’s in the red at -0.0027%, which basically means: traders are less bullish and more cautious rn. Not a vibe.

Price Action Breakdown

Down 1% in the last 24h
Red candles for 3 straight days
7-day drop: 11%
Monthly gain? Still +4.93% (So not all bad)

RSI’s sitting at 41.66 – aka almost oversold. Not ultra-bearish, but it’s not sunshine and rainbows either.

What’s Next?

If SOL can hold the line at $150 and the bulls show up, we might see a retest at $177. If hype builds, $200 could be back on the radar – a level we haven’t touched since Feb 2025. 🚀

But if things break bad and liquidations kick in, $127 (April low) is calling… and nobody wants that.

TL;DR for Your ADHD Mind:

Breakdown = bye-bye to $127

SEC is blocking ETF moves = SOL dipped hard

On-chain stats? Up only

Price is testing $150 support

RSI = weak hands selling

Bounce = $177 or even $200

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