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Crypto Trends

Token Rebounds After Sharp Drop Below $6

by admin June 1, 2025



Uniswap’s native token initially broke below its uptrend line after failing to hold momentum above the $6.00 support level.

The decline followed the formation of an ascending channel earlier in the day, but that structure collapsed under high-volume selling, including a spike of over 1.4 million units as prices briefly touched $6.00.

However, the breakdown proved temporary. UNI quickly reversed course and climbed back to $6.18, indicating strong dip-buying interest and suggesting the uptrend may still be intact if support near $6.05 continues to hold.

Technical Analysis Highlights

  • UNI formed a clear ascending channel throughout most of the day, with notable support at the $6.00 level backed by above-average volume.
  • A sharp reversal occurred as UNI briefly broke below its uptrend line, triggering high-volume selling.
  • Two significant volume spikes occurred: over 455,000 units at 01:38 and exceeding 1.4 million units at 01:42.
  • The token quickly rebounded after the breakdown, regaining ground and pushing back toward the $6.18 area.
  • Initial resistance was encountered at $6.19, which now appears within reach again as bullish momentum returns.
  • The price action showed a substantial intraday range of 0.226 (3.78%), highlighting persistent volatility

External References



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June 1, 2025 0 comments
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Crypto Trends

SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court Filing

by admin May 29, 2025



In brief

  • The SEC filed to dismiss its 2023 lawsuit against Binance, its founder, and sister company.
  • The regulator alleged at the time that the exchange sold unregistered securities, among other violations.
  • Under President Trump, the SEC has scrapped a number of high-profile crypto lawsuits.

The Securities and Exchange Commission on Thursday filed to have its long-running lawsuit against crypto exchange Binance and its founder dropped, a court filing shows.

Wall Street’s biggest regulator in 2023 alleged that Binance, its boss Changpeng “CZ” Zhao, and U.S.-based sister company Binance.US offered the sale of unregistered securities, failed to block U.S. users from accessing the main exchange, and commingled customer funds through a “web of deceit.”

The SEC’s chair at the time, Gary Gensler, alleged in the original lawsuit that Binance “attempted to evade U.S. securities laws by announcing sham controls that they disregarded behind the scenes” in a bid to keep big American investors using the platform.



Binance’s CCO at the time was alleged in the lawsuit to have told another Binance compliance officer in December 2018: “We are operating as a fking [sic] unlicensed securities exchange in the USA bro.”

But the lawsuit is the latest under the aggressively pro-crypto Trump administration to be scrapped.

Under the President Biden-appointed Gensler, the regulator went hard after the crypto industry from 2021-2024. The SEC’s main gripe with crypto companies was that they were allegedly selling unregistered securities in the form of digital tokens.

During Gensler’s reign, the SEC sued Binance, Kraken, Coinbase, and many other companies in the space.

But since President Trump returned to office, the regulator has adopted a softer approach to the industry, dropping a number of high-profile lawsuits and probes.

President Trump campaigned on a ticket to help the crypto industry and received backing from tech and digital asset business bigwigs—including companies sued by the SEC.

“We are pleased that the SEC fully dismissed its charges against Binance.US, confirming what we have always known—that the company did not violate U.S. securities laws,” Binance.US said in a statement shared with Decrypt. “Today’s news is a major milestone for our company, as putting this matter to rest allows us to focus entirely on growing our business and work on restoring our relationships that were impacted by the SEC.”

Editor’s note: This story was updated after publication with additional details and comment from Binance.US.

Edited by Andrew Hayward

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May 29, 2025 0 comments
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James Wynn takes $5.3m loss, bets $1.2b on Bitcoin lifeline
NFT Gaming

Bitcoin bulls are ignoring these three red flags, drop to $100K likely?

by admin May 29, 2025



Bitcoin slipped under key support at $108,000, gathering liquidity below the $107,000 level on Thursday. The largest cryptocurrency’s holders appear unimpressed by promises from regulators and bullish commentary from U.S. Vice President JD Vance and Senator Cynthia Lummis. BTC could sweep liquidity under the $100,000 milestone this week or over the weekend, analysts warn.

Bitcoin bulls are slowing down, what’s next 

Bitcoin’s (BTC) maximalists and permabulls are showing signs of slowing down, with Strategy’s purchases declining in volume. Between May 19 and May 25, Strategy acquired 4,020 BTC at $40.61 billion, using proceeds from “Common ATM, STRK ATM and STRF ATM,” according to the firm’s May 26 filing. 

Barron’s reported a correlation between Strategy’s Bitcoin purchases and BTC price. While some analysts argue the company’s large acquisitions have positively influenced BTC, TD Cowen examined six months of price action and trading volume and concluded that “MicroStrategy’s purchases represented only a fraction of total Bitcoin trading volume, with a median average weekly result of 3.3%.”

The correlation is insignificant, therefore Bitcoin’s price trend is unaffected by Strategy’s purchases. 

News of Wall Street giants and firms adding Bitcoin to their treasuries may have lifted sentiment among traders. However, there is no clear evidence of meaningful impact, and this week, traders remain largely unmoved by both promises and purchases.

Institutional capital flow into U.S.-based spot Bitcoin ETFs is also declining, while large whales and long-term BTC holders are realizing profits on their positions.

Bitcoin Spot ETF Flows | Source: Farside Investors

Since April 1, three key segments of Bitcoin holders have shown similar behavior. Addresses holding 10–100 BTC, 1,000–10,000 BTC, and 100,000–1 million BTC have all reduced their holdings, likely cashing out gains from the April to May rally.

Santiment data shows a steep decline in holdings of the three cohorts. 

Bitcoin holder cohorts and declining holdings | Source: Santiment 

If this profit-taking continues, it could increase selling pressure across exchanges and push BTC lower in the long term.

Bitcoin price forecast

Bitcoin is currently trading under the $108,000 support level, at $106,286 at the time of writing. On the daily timeframe, technical indicators support a bearish outlook. The RSI is trending downward at 56, while the MACD is printing red histogram bars below the neutral line, both signs of weakening momentum.

BTC could collect liquidity at support levels S1 and S2, marking the upper and lower boundaries of the FVG on the daily chart, located at $102,315 and $97,732, respectively. A retest of the $100,000 psychological milestone remains a likely scenario.

Bitcoin is currently less than 4% away from its S1 support. Once the FVG is filled, a recovery may begin, as this zone is marked as a bullish FVG on the BTC/USDT daily chart.

BTC/USDT price chart | Source: Crypto.news 

Alternatively, a daily close above $108,000 could invalidate the bearish structure and open the door for a retest of the all-time high at $111,980.

Capital rotation is real though altcoin season is delayed 

The team of analysts at Bitunix told Crypto.news in an exclusive interview that capital rotation favors altcoins in certain segments this cycle, rather than a full-blow alt season as observed during 2018 and 2020 bull runs. 

As Bitcoin’s market dominance weakens, analysts suggest BTC may have peaked. Despite institutional inflows, several altcoin sectors have shown relatively stronger performance.

Bitunix analysts said:

“We’ve observed accelerating volume and capital inflows into narrative-driven tokens in sectors like AI (e.g., FET, RNDR), real-world assets (e.g., ONDO, LINK), and Layer 2 (e.g., ARB, OP). 

If BTC faces resistance in the 110k–115k range and ETH breaks through the critical $2800–$3000 level, we could see a segmented capital rotation favoring high-narrative, high-liquidity altcoins, rather than a traditional full-blown altcoin season.”

Altcoin season, typically defined as a period when 75% of the top 50 altcoins outperform Bitcoin, appears either delayed or segmented this cycle. Experts support a theory of focused rotation into specific narratives instead of broad altcoin outperformance.

Ruslan Lienkha, Chief of Markets at YouHodler, told Crypto.news in a written note that recent activity suggests a correction rather than a full reversal.

Lienkha noted that Bitcoin has spent most of 2025 trading between $90,000 and $110,000, a key consolidation zone saturated with market orders. This suggests strong interest and potential support. He believes another leg up is likely, with BTC potentially rallying to a new all-time high after more range-bound trading.

James Toledano, Chief Operating Officer at Unity Wallet said,

“Bitcoin’s rally to a new all-time high of almost $112,000 has already priced in bullish catalysts like institutional inflows and geopolitical uncertainty. As liquidity tightens ahead of key economic data, traders are likely adopting a wait-and-see approach. I see it as a stabilization and not a stall, reflecting a classic consolidation phase after strong gains earlier in the month. With open interest still high and funding rates relatively neutral, this sideways movement suggests a temporary breather rather than a trend reversal.”

Toledano is in agreement with Lienkha on a temporary breather and a return to the all-time high as Bitcoin consolidates in a key support zone. 

Bitunix analysts also commented on macroeconomic factors influencing Bitcoin price. They noted that the latest Federal Reserve minutes signal a “dove in hawk” stance, with the policy direction still unclear. The analysts Analysts stated in a seperate note: 

“BTC as a high volatility asset is the first to bear the brunt of uncertainty, technically we need to pay attention to the support zone of $107,700-$106,500, if it breaks down, it may be down to $105,000, and the upper pressure of $110,800-$112,000, we recommend to wait and see before a breakthrough.”

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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May 29, 2025 0 comments
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Apple's AirPods 4 with ANC drop to $149 for Memorial Day
Product Reviews

Apple’s AirPods 4 with ANC drop to $149 for Memorial Day

by admin May 26, 2025


Apple’s AirPods 4 with active noise cancellation (ANC) just became an even more enticing proposition for those who have been on the fence about picking up a pair. They have dropped to $149, which is $30 off the regular price. That’s only about $10 more than the record low and the lowest price we’ve seen for the AirPods 4 with ANC so far this year.

If ANC isn’t such a big deal for you (perhaps, like me, you tend to only wear one earbud at a time), you can snap up a set of AirPods 4 without ANC instead. Those will currently run you $119, a discount of $10.

Apple

The ANC-enabled version of Apple’s AirPods 4 have dropped to their lowest price so far this year.

$149 at Amazon

We gave the AirPods 4 with ANC a score of 86 in our review. Apple improved the audio quality compared with the previous version, and the earbuds have a better fit than the AirPods 3. We felt that the ANC was pretty effective too. However, the lack of onboard volume controls remains a disappointment.

The AirPods 4 use the same H2 chip as the AirPods Pro 2, meaning they share some features with the higher-end model. They support Voice Isolation, Personalized Spatial Audio with dynamic head tracking, Personalized Volume and Adaptive EQ. The ANC-enabled model also has Conversation Awareness, Adaptive Audio and Transparency mode. In addition, the charging case that comes with the ANC version has Qi-compatible wireless charging, as well as a built-in speaker for Find My. However, the AirPods Pro 2’s advanced hearing health features aren’t present here.

Check out our coverage of the best Apple deals for more discounts, and follow @EngadgetDeals on X for the latest tech deals and buying advice.





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May 26, 2025 0 comments
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All Dead Drop locations in Schedule 1
Game Reviews

All Dead Drop locations in Schedule 1

by admin May 26, 2025


Throughout your Schedule 1 playthrough, you’ll visit a lot of Dead Drop supply boxes. Whether buying weed seeds or ingredients for making late-game substances, you’ll frequently purchase supplies and pick them up from these spots.

Although you may have noticed a few while running around, you likely won’t encounter every Dead Drop box until you approach the end of your playthrough. Nonetheless, knowing where each one is located can help you plan future routes.

Schedule 1 Dead Drop map locations

Here’s a complete list of every Dead Drop location around Schedule 1’s map:

Screenshot by Destructoid

  1. Near Westville Apartment’s second room
  2. Behind Top Tattoo
  3. Behind Westville’s Gas-Mart
  4. Under the west bridge
  5. Behind the Motel office
  6. North of the Skatepark
  7. Along Taco Ticklers’ northern wall
  8. Behind Thompson Construction & Demo
  9. Behind Northtown’s Arcade
  10. Along the Pawn Shop’s west wall
  11. Between the Laundromat and Warehouse
  12. South of Slop Shop
  13. Behind the Body Shop
  14. On the east side of the Central Canal
  15. Along the Casino’s west wall
  16. Attached to the apartment building south of the Parking Garage
  17. On the corner of the Supermarket
  18. Along Crimson Canary and Butter Box’s east walls
  19. Behind Hyland Medical
  20. On Town Hall fountain
  21. Between the Courthouse and Hyland Bank
  22. Along the Fire Station’s east wall near Handy Hank’s Hardware
  23. Along the inner walls of a grey Docks building
  24. Behind Randy’s Bait and Tackle shop
  25. On the southern gazebo’s floor

Westville Apartment

Screenshot by Destructoid

Starting from Westville on the westernmost side of Hyland Point, you’ll find a Dead Drop box next to the brown apartment building’s second room. You’ll spot it on the wall as a box with an “X” above it.

Top Tattoo

Screenshot by Destructoid

Westville has another Dead Drop box behind Top Tattoo. Between Top Tattoo and an apartment building is a tight alleyway with skull graffiti, debris, and the Dead Drop box for you to open. Thankfully, this one is far from passersby and police, but it’s also especially dark if you travel at night.

Westville Gas-Mart

Screenshot by Destructoid

The last of Westville’s Dead Drop boxes is behind Gas-Mart. As you approach the Gas-Mart, run behind its metal fence to access the box and any of its contents.

West Bridge

Screenshot by Destructoid

Just before running into Northtown, head under the west bridge connecting it to Westville to find another Drop Box. Just be careful if you’re performing deals under here, as the cops are surprisingly good at noticing your presence even if they’re on top of the bridge.

Motel Office

Screenshot by Destructoid

It’s time to return to one of our beginning spots, the Motel. More specifically, you’ll head behind the Motel office building to spot another Dead Drop box.

Skatepark

Screenshot by Destructoid

The early-game Dead Drop locations don’t stop there. Right in front of the motel is a skatepark, with another box along its outer wall. Don’t worry—you won’t find any others inside the park itself.

Taco Ticklers

Screenshot by Destructoid

Before running in to grab a taco, it’s time to claim our supplies from Taco Ticklers’ Dead Drop box. You’ll find this stash by running behind the restaurant until you find the Dead Drop container on the wall near a green dumpster.

Thompson Construction & Demo

Screenshot by Destructoid

The next one is a little tricky to spot when you first start playing Schedule 1. The Thompson Construction & Demo Dead Drop box is along a brick wall directly north of its map location, which you can access using a walkway connected to the Motel area.

Arcade

Screenshot by Destructoid

Did you know that there’s an arcade next to the Fat Dragon Chinese restaurant in Schedule 1? I didn’t either until a few hours after I unlocked the restaurant’s living space. If you circle behind the arcade to where the white pickup truck is, you’ll spot the Dead Drop box against the building’s back wall.

Pawn Shop

Screenshot by Destructoid

Did you know you can sell old gear at the Pawn Shop? Inside the Pawn Shop is Mick, who’ll buy old equipment from you. More importantly, the Dead Drop is to the right of the store’s entrance, just around the corner.

Laundromat

Screenshot by Destructoid

There’s an interesting spot between the Warehouse and businesses like the Laundromat and Thrifty Threads. The path here is a great escape route at night, but it also helps connect you to the Docks if you don’t feel like traveling along the main road. Your next Dead Drop box is behind the Laundromat along the lower-level wall.

Slop Shop

Screenshot by Destructoid

As you travel down one of the main roads past POIs like Taco Ticklers, the parking garage, and the Laundromat, you’ll spot a diner known as Slop Shop. Behind it is an apartment building in which several NPCs live, with a Dead Drop box on the corner closest to the Hyland Police Station.

Body Shop

Screenshot by Destructoid

Next up is the Body Shop’s Dead Drop box. You’ll find the Body Shop directly south of Slop Shop. While a metal fence will seemingly block access to it, you can easily open it through its holes without much issue.

Central Canal

Screenshot by Destructoid

Remember at the beginning of Schedule 1’s story when you had to pick up money from Uncle Nelson? You had three Dead Drops to visit, with the central canal stash being one of the most difficult to spot. You’ll find this one in the town center near the eastern Gas-Mart, Hyland Auto, and Hyland Police Station.

Casino

Screenshot by Destructoid

Next up is the Casino. Rather than circling to the front, approach it as if you’re coming from the Motel until you pass the parking garage and red storage container. You’ll find the Dead Drop box close to its corner.

Apartment south of the Parking Garage

Screenshot by Destructoid

Your next destination is the apartment directly south of the parking garage. Both of these locations are near the casino and supermarket. The apartment appears as a large brown building with a Dead Drop box on its northeastern corner.

Supermarket

Screenshot by Destructoid

The Supermarket Dead Drop box is the second of the three you’ll find during Uncle Nelson’s introductory quest. It’s very close to the Central Canal box, requiring you to travel north from it and turn left after passing the Supermarket. Turning left again will lead you to its back wall, where you’ll encounter the next Dead Drop stash.

Crimson Canary

Screenshot by Destructoid

Next on the list is the Dead Drop box alongside the eastern walls of The Crimson Canary and The Butter Box. Both spots are directly north of the Town Hall, with its Dead Drop stash on the wall near two dumpsters and some purple graffiti.

Hyland Medical

Screenshot by Destructoid

There are two types of players: those who are at Hyland Medical once a day, and those who are never here because they refuse to get into fights. Either way, traveling far east into Hyland past the Town Hall and the bank will bring you to the medical center. The Dead Drop is behind the building.

Town Hall fountain

Screenshot by Destructoid

The Town Hall fountain is the last of Uncle Nelson’s introductory stashes. After finding the Central Canal and Supermarket Dead Drops, head toward the center of town until you find a brown-orange brick building with a fountain in front of it. The Dead Drop box is along the bottom of the fountain.

Courthouse and Hyland Bank

Screenshot by Destructoid

There’s a strong possibility you’ve never visited Hyland Bank or the Courthouse before. Don’t worry; I haven’t either. The only time you’ll need to check this spot out is to interact with the Dead Drop box attached to the bank’s southern wall.

Fire Station

Screenshot by Destructoid

The Fire Station across the street from Hyland Medical has a similar Dead Drop stash location. This time, run around the building until you’re between it and Handy Hank’s Hardware. The Dead Drop is along the wall underneath a window.

Docks houses

Screenshot by Destructoid

It’s rare to find a Dead Drop box on someone’s house unless it also acts as a business. This Docks Dead Drop box is an exception, as it is situated right next to someone’s front door. As you enter the Docks, turn left toward the first house you see to spot this box next to a blue door and a Cuke machine.

Randy’s Bait and Tackle

Screenshot by Destructoid

The second Docks Dead Drop is right behind Randy’s Bait and Tackle shop at the end of the area. As you travel down the road, look out for a green rusted building and go behind it to spot its Dead Drop box.

South Gazebo

Screenshot by Destructoid

The last dead drop on this list is located at the bottom of Schedule 1’s map. You’ll find Suburbia’s houses and a gazebo with a Dead Drop box on its floor. It’s a long trek over here but a necessary struggle if you need some pseudo or Coca seeds.

Schedule 1 Supplier Stash map locations

Screenshot by Destructoid

Dead Drop boxes aren’t the only stash units you’ll find around Schedule 1’s map. If you’re buying weed seeds or product manufacturing ingredients from your suppliers, you’ll need to toss them some cash in their personal stashes. Below is a list of every supplier and their personal Dead Drop locations:

  1. Behind Dan’s Hardware (Albert’s Stash)
  2. Along the Warehouse’s west wall (Shirley’s Stash)
  3. Behind the Church (Salvador’s Stash)

Screenshot by Destructoid Screenshot by Destructoid Screenshot by Destructoid

While Albert’s and Shirley’s are right in Northtown, Salvador’s requires traveling up to the church near the Barn to access his drop. Considering he sells late-game ingredients, though, this makes sense. By that point in the game, you’ll likely have cars, a skateboard, or enough free time to run around and collect everything you need.

Although the maps above have every Dead Drop and Supplier Stash you’ll ever need, you can also check out our complete Schedule 1 map to learn more about other key locations in greater detail.

Destructoid is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy



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May 26, 2025 0 comments
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90% XRP Ledger Drop: What's About It?
GameFi Guides

90% XRP Ledger Drop: What’s About It?

by admin May 26, 2025


XRP Ledger’s on-chain activity has fallen 90% from its recent peak, posing concerns about the network’s usage and overall health, putting XRP in a precarious position. The volume of payments and transactions on XRP Ledger has virtually vanished despite the fact that XRP has managed to stay between $2.30 and $2.40. This is a concerning indication that speculative interest is significantly outpacing actual usage. This change in sentiment is technically reflected in the price action of XRP.

In early May, XRP showed promise by breaking out of a descending wedge pattern, but it has since been trapped in a tightening consolidation. At $2.30 the price is testing a support zone that also happens to be the 100-day EMA. The 200 EMA (black line) indicates the next area of interest is located around $2.20. The entire bullish setup of the previous two months could be undone if there was a slip below that, which would put $2.05 into play.

XRP/USDT Chart by TradingView

Although it is not yet oversold, the Relative Strength Index (RSI) has fallen to the mid-50s, indicating that momentum has slowed. Additionally, volume has significantly decreased, highlighting the possibility of a further decline if support breaks. What is causing the decline in XRPL activity? Analysts cite a number of reasons, including a halt in speculative trading volumes, decreased institutional usage as a result of ongoing regulatory uncertainty and the dominance of Bitcoin (with BTC at elevated levels) suckling liquidity away from altcoins like XRP.

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The ledger’s payment volume charts demonstrate a sharp drop, which could be attributed to either a lull in retail demand or decreased enterprise usage — two factors that are essential to XRP’s central story as a payments token. Investors should now keep a careful eye on the $2.20 and $2.30 support zones.

XRP might retest the $2.50 breakout point if it bounces from these levels, but a breakdown would expose it to a much deeper retracement. Since 90% of its usage volume has been used up, XRP must demonstrate that it can spark real-world transactions again, if not, price action might soon follow the on-chain trend.



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May 26, 2025 0 comments
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SEC delays decision on Ether staking and XRP ETFs, as analysts expected
Crypto Trends

Banking groups ask SEC to drop cybersecurity incident disclosure rule

by admin May 26, 2025



American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. 

Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May 22 letter, arguing that disclosing cybersecurity incidents “directly conflicts with confidential reporting requirements intended to protect critical infrastructure and warn potential victims.”

The group, which also included the Securities Industry and Financial Markets Association, the Bank Policy Institute, Independent Community Bankers of America and the Institute of International Bankers, claimed that the rule compromises regulatory efforts to enhance national cybersecurity.

The SEC’s Cybersecurity Risk Management rule, published in July 2023, requires companies to rapidly disclose cybersecurity incidents such as data breaches or hacks. However, the banking groups argue this rule was flawed from the start and has proven problematic in practice since taking effect.

The banking bodies said that the “complex and narrow disclosure delay mechanism” interferes with incident response and law enforcement and creates “market confusion” between mandatory and voluntary disclosures. 

Public disclosure has also been “weaponized as an extortion method by ransomware criminals to further malicious objectives,” and premature disclosures worsen insurance and liability issues for companies and “risks chilling candid internal communications and routine information sharing,” the group claimed. 

Some of the banking groups’ claims and fears regarding the ruling. Source: SIFMA

The groups specifically want “Item 1.05” to be rescinded from the SEC’s rules for Form 8-K reporting and parallel reporting requirements applicable to Form 6-K. 

Form 8-K is used to publicly notify investors in US public companies of specified events, including cybersecurity incidents, that may be important to shareholders or the SEC. 

“Critically, without Item 1.05, investor interests will still be protected, and we believe they would be better served through the pre-existing disclosure framework for reporting material information, which may include material cybersecurity incidents,” the groups stated.

Related: Hackers using fake Ledger Live app to steal seed phrases and drain crypto

The full petition included examples of confusion from participants, specific incidents of ransomware attacks and documented regulatory conflicts. 

Public crypto companies impacted 

The requirement also impacts publicly listed crypto companies such as Coinbase, which disclosed earlier this month that hackers had bribed its support staff to leak its user data.

The disclosure saw the company hit with at least seven lawsuits over the disclosure.

Coinbase said that it rejected a $20 million ransom demand after staff leaked user data in a major phishing attack, which the exchange said could cost it up to $400 million in damages.

If the SEC rescinds the requirement, it may give firms such as Coinbase more time to disclose cybersecurity incidents to the public. 

Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest



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May 26, 2025 0 comments
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Shiba Inu Surprisingly in Green Amid $182 Million Market Drop
NFT Gaming

Shiba Inu Surprisingly in Green Amid $182 Million Market Drop

by admin May 25, 2025


While the broader crypto market fell in the early Sunday session, with over $182 million in liquidation according to CoinGlass data, Shiba Inu (SHIB) managed to stay in the green.

While the gains were minute, Shiba Inu’s performance stood out, particularly during a session where most crypto assets traded in the red.

At the time of writing, SHIB was up 1.12% to $0.0000143, having earlier reached intraday highs of $0.0000147.

The surprise move comes as major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continued their losses in the early Sunday session.

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The crypto market saw profit-taking over the weekend after a rally in the past week, with major coins seeing a significant drop. Bitcoin’s price fell after reaching a new all-time high of nearly $112,000.

What’s next for Shiba Inu price?

Market sentiment remains cautious, especially with macro uncertainty and technical signals suggesting a short-term price drop.

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Shiba Inu price is facing a battle between the bulls and bears. The daily RSI exactly at the 50 midpoint lends credence to this, indicating hesitation among buyers and sellers.

Eyes are currently on Shiba Inu’s current price range between $0.000014 and $0.000015 where 26.38 trillion SHIB are being held by 39,780 addresses at an average cost basis of $0.000014, per IntoTheBlock data.

A rise above this key level would meet a gigantic resistance in the range of $0.000015 and $0.000019 where 539.92 trillion SHIB were previously bought at an average cost of $0.000017 by 132,610 addresses.

On the other hand, support lies at $0.000011, an average cost basis for 97.45 trillion SHIB.



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May 25, 2025 0 comments
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NFT sales drop to $129.8m, Avalanche sales surge 200%
NFT Gaming

NFT sales drop to $129.8m, Avalanche sales surge 200%

by admin May 25, 2025



Despite the overall crypto market reaching new heights, the NFT market has experienced a slight drop with sales volume dropping by 0.05% to $129.8 million.

Bitcoin (BTC) has surged to the $108,000 level after hitting $111,000, a new ATH. At the same time, Ethereum (ETH) has shown a mild recovery to the $2,700 level in the last seven days and has now dropped to the $2,500 level. The global crypto market cap is now $3.42 trillion, up from last week’s $3.29 trillion.

According to data from CryptoSlam, market participation has increased. NFT buyers grew by 61.18% to 443,548, and NFT sellers rose by 31.87% to 199,129. NFT transactions have also risen by 15.39% to 1,697,343.

Ethereum leads with $29.6m in NFT sales

Ethereum maintains its dominant position with $29.6 million in sales. However, it has seen a 26.22% decline from the previous week and wash trading has decreased by 57.18% to $2 million.

Avalanche (AVAX) has made a dramatic entrance into second place with $22.3 million in sales and has seen a surge of 202.92%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Polygon (POL) holds the third position with $21.3 million and has shown solid growth of 45.98%. Bitcoin has dropped to fourth place with $18.2 million. It has fallen 21.85% from last week.

Mythos Chain rounds out the top five with $13.9 million. Immutable (IMX) appears in sixth with $8.6 million, while Solana (SOL) sits in seventh with $6.4 million, with a 26.36% drop.

The buyer count has increased across most blockchains, with Avalanche leading at 79.08% growth. This is followed by Bitcoin at 72.98% and Solana at 71.09%.

A major change has happened in collection rankings, with XSY Deposit on Avalanche taking the top spot at $22.1 million in sales. However, this collection appears to be dominated by a single buyer and seller.

Courtyard on Polygon has moved to second place with $14.4 million and has rebounded with 23.23% growth. DMarket remains in third with $8.8 million, up 7.07%.

Bitcoin’s BRC-20 NFTs have fallen to fourth place with $6 million, dropping 15.78%. Guild of Guardians Heroes holds fifth with $5.9 million.

CryptoPunks has dropped to sixth place with $4.8 million in sales, with a 30.94% decline. The collection has seen decreases across all metrics including transactions (42.31%), buyers (37.84%), and sellers (45.24%).

Read last week’s NFT performance from here. Notable high-value sales from this week include:

  • CryptoPunks #3609 sold for 440 ETH ($1,089,338)
  • CryptoPunks #2537 sold for 80 ETH ($197,242)
  • CryptoPunks #2542 sold for 59 ETH ($155,440)
  • CryptoPunks #6479 sold for 58.4 ETH ($149,478)
  • CryptoPunks #7161 sold for 53.69 ETH ($142,816)



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May 25, 2025 0 comments
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CoinDesk Bot
NFT Gaming

5% Drop Finds Support as Holder Confidence Holds

by admin May 24, 2025



Shiba Inu (SHIB) has stabilized following significant price volatility, establishing a consolidation pattern between $0.00001440 and $0.00001456.

The meme token faced intense selling pressure with volume reaching 1.72 trillion during peak decline, but multiple tests of support at $0.00001440 showed strong buyer interest.

Despite short-term fluctuations, blockchain data reveals remarkable holder loyalty, with over 1.13 million addresses maintaining their positions for more than a year, signaling confidence in SHIB’s long-term prospects.

The Shiba Inu ecosystem continues development with a significant Shibarium blockchain update focused on improving decentralization. This aligns with the team’s strategy to enhance utility beyond meme status.

While technical indicators show mixed signals with moderate bullish momentum but lacking strong breakout confirmation, AI predictions from platforms like Google’s Gemini suggest potential growth to $0.00003 by 2025, representing a possible 105.9% increase from current levels.

Technical Analysis Highlights

  • SHIB experienced a notable 5.4% price decline over the 24-hour period, with the overall range spanning from a high of 0.00001507 to a low of 0.00001424, representing a volatility range of 0.00000083 (5.5%).
  • The token found strong volume-supported resistance at the 0.0000146 level during the 23:00 hour when selling pressure intensified with volume reaching 1.72 trillion, significantly above the 24-hour average.
  • After the sharp decline, SHIB established a consolidation pattern between 0.00001440 and 0.00001456, with multiple tests of support at 0.00001440 showing buyer interest, suggesting potential stabilization before the next directional move.
  • In the past hour, SHIB experienced significant downward pressure, dropping from 0.00001448 to 0.00001440, representing a 0.56% decline.
  • The token faced intense selling between 13:54-13:57, with volume spiking to 16.45 trillion at 13:57, creating a local bottom at 0.00001430.
  • A brief recovery attempt occurred at 14:01 when price rebounded to 0.00001441, forming a potential support zone between 0.00001439-0.00001440, though momentum remains bearish as evidenced by the inability to reclaim the 0.00001445 resistance level.

External References



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May 24, 2025 0 comments
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