Ethereum Supply Hits 18-Day Low as Burn Surge Sparks Bullish Pressure

Ethereum’s Getting Scarce Again — And That’s 🔥

Ethereum’s back on the move, and this time, it’s about what’s not there. On-chain stats just showed ETH’s circulating supply hit an 18-day low at ~120.69M. Translation: it’s getting rarer — and that could be bullish AF.

ethereum

The reason? More people are actually using Ethereum’s main chain again. On May 7, over 474k wallets were active — the most in a month. That means more transactions, more gas, and way more ETH getting burned.

Etherscan confirms it — burn rate just hit early-May levels, with a chunk of ETH straight-up vanishing from circulation.

The recent Pectra upgrade seems to be fueling all this action. But hold up — even though ETH is getting spicy on-chain, market analysts still advise caution. Macro vibes and investor mood swings could easily flip the script.

Still, if this burn train keeps rolling and activity stays up, Gen Z bag holders might just catch that next ETH rally. Let’s see if scarcity makes ETH pop like it did in 2021.

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$BONK on the Brink: Whales Spark Devastating Sell-Off – 50% Retracement Ahead!

Bonk Is Looking Wobbly as Whales Rage Quit

Bonk ain’t bonking right now. The second-biggest meme coin on Solana is getting seriously nerfed, and the whales are the first to dip.

BONK

Trading at $0.00002053, its already down 20% from its monthly high. And now, both smart money and whales are saying, “Yeah, we’re out.” Wallets holding millions to trillions of the token are dumping tokens like it’s hot, with one tier shedding 500M coins since December. Oof.

Even smart money — the peeps who usually buy the bottom and sell the top — have cut their holdings in half. Their bags went from 33.4B to just 15.6B. Big yikes.

To make it worse, Bonk balances on exchanges are rising. Translation? More people are getting ready to sell. Combine that with a nasty-looking double-top and a bearish pennant on the charts, and we could be headed for a nasty dip.

Analysts say if it breaks below $0.00001815, we might slide all the way to $0.00001730. So yeah… unless a miracle memecoin pump hits, it might be in for some pain.

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Blackstone Just Bet $1M on Bitcoin — Here’s Why It Actually Matters

Blackstone Dips Into Bitcoin With $1M Bet on IBIT ETF

Blackstone just did something no one really expected — they finally pulled up to the Bitcoin party. In a fresh SEC filing from May 20, the $1.2 trillion asset giant revealed it’s holding over $1 million worth of BlackRock’s Bitcoin ETF, $IBIT.

Blackstone Bitcoin Bet

Yeah, the same Blackstone that once side-eyed crypto is now holding 23,094 shares of IBIT, worth a cool $1.08M. That’s not all — they also grabbed $181K of ProShares’ BITO and even a tiny slice of Bitcoin Depot Inc. ($6.3K in BTM).

These buys were made through it’s Alternative Multi-Strategy Fund (BTMIX), which manages $2.63B. So sure, it’s a small allocation percentage-wise — but symbolically? Huge.

Back in 2019, CEO Stephen Schwarzman wasn’t exactly Bitcoin’s biggest fan. He leaned into central bank currencies and was hesitant about decentralized anything. But fast forward to 2025, and Blackstone’s positioning with BTC exposure screams “we’re watching now.”

This move follows a broader trend. BlackRock’s IBIT ETF has been printing green candles, pulling in inflows for 20 days straight since April 9 — totaling over $46.1 billion.

TL;DR: Blackstone’s not betting the farm on crypto yet, but they’re definitely not ignoring it anymore. And if one of the world’s biggest money machines is inching into Bitcoin, that could mean the floodgates are creaking open.

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Metaplanet: 1,004 Bitcoin Buy Pushes Reserves Past Amazing $800M Milestone

Metaplanet Just Dropped $104M on Bitcoin — And They’re Not Done Yet

Metaplanet BTC Purchase

The Metaplanet flex is getting real. The Tokyo-based company just went in hard again, copping another 1,004 BTC for a cool $104 million. That puts their total stash at 7,800 BTC — worth over $800 million — making them one of the biggest corporate Bitcoin holders on the planet.

Yeah, they’re not playing small. Metaplanet’s been in beast mode ever since April 2024 when they started stacking Bitcoin heavy, following Michael Saylor’s playbook. Now? They’re eyeing 10,000 BTC by the end of 2025 like it’s a done deal.

Their Q1 2025 earnings just dropped and they’re solid. Revenue hit JP¥877 million (about $6M), and they’re crediting a lot of that glow-up to their BTC moves. No surprise — they’ve made a 170% return on crypto investments so far. Imagine pulling that while the rest of the market’s still arguing about ETFs.

Even more wild? Metaplanet now holds more Bitcoin than El Salvador. Let that sink in.

And get this — they’re the only public company in Japan giving people actual legal exposure to Bitcoin. So yeah, they’re kind of a big deal right now in the crypto scene.

The company said it best: they’re not just setting goals — they’re crushing them on purpose. With the 10K BTC target in sight and numbers looking strong, the Metaplanet era might just be beginning.

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5 Reasons Why Fartcoin ($FARTCOIN) Is Gaining Momentum with Innovative Utility and a Growing

Fartcoin ($FARTCOIN), a meme-inspired cryptocurrency launched on the Solana blockchain in October 2024, has rapidly gained traction in the crypto market. Despite its humorous branding, Fartcoin has achieved significant milestones, including a market capitalization surpassing $1 billion by January 2025.

fartcoin

One of Fartcoin’s unique features is its “Gas Fee” system, where each transaction triggers a digital fart sound, adding a playful element to user interactions. The token has a total supply of 69,420,000, with distribution mechanisms that encourage community participation through meme and joke submissions.

The token’s community-driven approach has fostered a vibrant ecosystem. Users actively engage in sharing memes, participating in social media challenges, and contributing to the project’s growth. This engagement has been pivotal in maintaining the coin’s relevance and driving its adoption.

The coin’s performance has been notable, with trading volumes reaching hundreds of millions of dollars daily. Its price experienced significant volatility, characteristic of meme coins, but the strong community support has helped sustain its momentum.

While the coin lacks intrinsic utility, its success underscores the power of community engagement and internet culture in the cryptocurrency space. Investors should remain cautious, as meme coins are subject to high volatility and speculative trading. Nonetheless, Fartcoin’s rise exemplifies how humor and community can drive a cryptocurrency’s growth.

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5 Brutal Facts About the Caitlyn Jenner Memecoin Lawsuit Dismissal

Caitlyn Jenner just caught a legal W — but it’s not the end of the saga.

Jenner

On May 9, a California judge said “nah” to a class-action lawsuit from some salty JENNER token investors who lost serious bags. One guy from the UK, Lee Greenfield, claimed he dropped $40K into the coin, only to watch it nosedive harder than crypto in a bear market. 💀

The court’s reason? The lawsuit didn’t bring the receipts. Judge Blumenfeld said they failed to prove securities fraud or that Caitlyn was capping about her involvement. Even posts on X (formerly Twitter) hyping the token weren’t enough to prove deception. And claims against her manager Sophia Hutchins? Also tossed.

So What Actually Happened?

  • JENNER launched on Solana via Pump.fun in May 2024
  • Got messy real quick with Jenner accusing Sahil Arora of scamming
  • She relaunched the token on Ethereum, taking a 3% fee on trades
  • OG Solana version tanked 📉 from a $7.5M peak to just $58K now

Investors said this move wrecked their bags and made her richer. But the judge didn’t say if JENNER was a security — just that the case was too weak right now.

He gave them until May 23 to clean up the case and try again. Their lawyer, Jack Fitzgerald, is staying in fight mode and says they’re going for Round 2. 🥊

This isn’t just a Jenner problem. It’s a classic case of celebs + crypto = chaos. And the court’s still open to hearing more if the claims are stronger next time.

So stay tuned. The token’s dead, but the drama’s still very much alive.

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Breaking !Solana (SOL) Surges 88% in a Month — Traders Bet on $200 by June End

Solana’s back in beast mode. In just 4 weeks, $SOL has zoomed from under $100 to $170 — that’s an 88% send, fam. While Bitcoin’s been cruising with a 40% gain, SOL’s been doing donuts around it.

Solana

The pump kicked off on April 7, and now big-money players (aka block traders) are going full ape mode on it.

They’re throwing bags at $200 call options expiring June 27. Translation? They’re betting SOL’s hitting $200+ before June wraps. One whale trade even dropped $263K in premium on 50K contracts. No cap.

And guess what? They got in while implied volatility was low (84%), meaning their entry was on discount. Usually, SOL’s IV is triple digits, so this was a solid sniper move.

But here’s where it gets spicy:
Market makers are now in net negative gamma at the $200 level. That means as the price moves up, they gotta buy more SOL to hedge. If price drops, they start selling. This creates a wild ping-pong effect and could send SOL even higher (or make it hella bouncy).

Chart Vibes?

  • Solana’s token SOL broke $120, then $162.
  • Now it’s trying to crack $180.
  • It’s showing a lil’ hesitation, might fake out before sending.
  • If rejected, it could dip to $162 (support now), bounce there, and then moon.

So yeah, $200 isn’t just a meme anymore. It’s in play.
And if this momentum holds?
Solana might just break the internet again.

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Crypto.com Dubai Partnership: 5 Bold Moves Driving the City’s Digital Transformation

Crypto.com Dubai Partnership: Paving the Way for a Cashless Future

On May 12, 2025, during the Dubai Fintech Summit, Crypto.com and the Dubai Department of Finance (DOF) signed a Memorandum of Understanding to facilitate cryptocurrency payments for government services. This initiative is part of Dubai’s broader strategy to achieve 90% cashless transactions across public and private sectors by 2026.

Crypto.com partners with Dubai

Under this partnership, residents and businesses will be able to pay for government services using cryptocurrencies through Crypto.com’s digital wallets. While the specific cryptocurrencies accepted have not been disclosed, the DOF has indicated a preference for “stable cryptocurrencies,” suggesting the use of stablecoins to mitigate volatility. All crypto payments will be instantly converted to Emirati dirhams and transferred to DOF accounts, ensuring seamless integration with existing financial systems.

In a related development, Crypto.com announced a partnership with Emirates General Petroleum Corporation (Emarat) on May 8, 2025, to introduce cryptocurrency payments at fuel stations across the UAE. The initial phase will enable crypto payments at ten Emarat service stations in Dubai and the Northern Emirates, with plans to expand the service throughout Emarat’s network of over 150 stations.

These collaborations underscore Dubai’s commitment to embracing digital finance and blockchain technology. By integrating cryptocurrency payments into everyday transactions, from government services to fuel purchases, Dubai is positioning itself as a global leader in the adoption of digital assets.

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Degen (DEGEN) Skyrockets 76% as Crypto Market Stagnates — No News, Just Vibes

DEGEN Just Went Full Send — Up 76%, No One Knows Why

While the rest of crypto is giving “meh” energy, DEGEN said “hold my beer.”

This Farcaster-born meme coin just pumped 76.42% in 24 hours. It’s now chilling at $0.007891 with a market cap of $111.9M. Not bad for a coin that started as a vibe.

But wait — $389 million in trading volume?? That’s like 1100%+ up in one day. For a meme coin. No announcements. No Binance listing. No viral Elon tweet. Just straight chaos.

DEGEN

So what’s going on?

🤷‍♂️ No clue.
Some say it’s a short squeeze.
Others think whales are testing the waters.
Most of us are just staring at the chart like 👀

Whatever it is, DEGEN’s chart is vertical, and the community is vibing hard.

Meanwhile, the rest of crypto is taking a nap.
Global market is down 0.73%, Bitcoin and ETH are bleeding, and most altcoins are stuck in sideways mode.

But DEGEN?
It’s throwing a party in the middle of a bear trend.

Crypto rule #47: Not every pump needs a reason.
Sometimes, it just runs — and you either ride it or cry about it.

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EigenLayer (EIGEN): The Hottest Crypto Changing Ethereum Staking

EigenLayer (EIGEN): The Game-Changer in Ethereum Restaking

EigenLayer ($EIGEN) is the latest sensation in the crypto world, revolutionizing how Ethereum staking works. Built to enable restaking, this ethereum based token lets ETH stakers opt-in to secure other decentralized systems, boosting crypto security and capital efficiency. With top-tier VC backing and serious dev energy behind it, $EIGEN is more than just another altcoin—it’s an entire infrastructure shift. Whether you’re a DeFi degen, a staking pro, or just crypto-curious, EigenLayer is one name you can’t ignore in 2025.

EigenLayer

What Is EigenLayer (EIGEN)?

It is a restaking protocol on Ethereum that allows stakers to reuse their staked ETH or liquid staking tokens to secure additional services, networks, or middleware. This creates a decentralized marketplace for trust and significantly boosts Ethereum’s utility.

How Does Restaking Work?

Restaking means you take ETH (or stETH, rETH, etc.) that’s already staked and allow it to be used again in other systems that require trust—like bridges, oracles, or rollups—without unstaking or double-counting risk.

Why Is EigenLayer So Hyped?

EigenLayer solves a massive problem: the fragmentation of crypto security. With this, multiple dApps and protocols can share Ethereum’s security layer, making Web3 faster, cheaper, and more secure. Plus, $EIGEN rewards are 🔥.

How to Buy EIGEN Token

You can grab $EIGEN on major exchanges like Binance, Coinbase, and Uniswap. Remember to do your own research (DYOR), especially in a bull market full of hype and scams.

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