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Switch 2 US preorders reportedly cancelled by major retailers
Game Updates

Switch 2 US preorders reportedly cancelled by major retailers

by admin June 2, 2025


A number of would-be customers across the pond in the United States have experienced unexpected Switch 2 cancellations.

Posts on the likes of reddit and social media platform X show several patrons have had their Switch 2 orders cancelled from retailers such as Walmart and Target.

Mario Kart World Hands-On Preview: Is It Good? Watch on YouTube

“Just checked because I [saw] a post on X from Wario64 and it was about [making] sure payment is and all is good to go for when they are ready to ship.. I [checked] and my order got cancelled two days ago,” reads one reddit post titled Target cancelled my order. According to replies, the original poster is not the only one this has happened to.

Another post – Did anyone else’s Switch 2 preorder get cancelled out of nowhere? – shared on the Walmart subreddit said the same thing. “I just got an email saying it was canceled due to a payment error even though it was the same card I preordered it with,” it reads.

Even more examples of these Switch 2 cancellations can be found on X. “Walmart you have failed me for cancelling my switch 2 preorder when my payment method is valid and has funds available, give it back,” one poster wrote over the weekend.

While Walmart and Target seem to be the main retailers in the US to have cancelled Switch 2 orders, GameStop has also been namechecked online, although the problem doesn’t appear to be as widespread.

These reports follow last week’s news here in the UK, which saw retailer GAME admit it had cancelled a number of Switch 2 online pre-orders, with just days to go before the highly anticipated console’s release. At this time, GAME said it was aiming to “reinstate as many affected pre-orders as possible”.

The Switch 2 is set to release later this week, on 5th of June. Eurogamer’s former EIC Tom Phillips has already been hands-on with Nintendo’s upcoming console. You can read his Switch 2 impressions here.



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June 2, 2025 0 comments
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104,125,016 DOGE Transfer Strikes Major US Exchange Coinbase
GameFi Guides

104,125,016 DOGE Transfer Strikes Major US Exchange Coinbase

by admin June 2, 2025


A wallet holding over 104 million DOGE valued at around $20 million emptied its entire balance straight into Coinbase late Saturday night. The move, first picked up by Whale Alert, wasn’t just large. It was from a wallet that’s been completely silent since 2021.

The address, DNbYuLjGbdiqcv39grmE1ahkMU19Y5dFND, had no outgoing activity until this one full transfer. Blockchain data shows it received its first DOGE back in October 2021, with funds traced to Coinbase Pro withdrawal addresses. Since then, it collected DOGE in smaller deposits but never moved any out — until now.

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The full balance was transferred in one shot, with no leftover dust. Just 104,125,016 DOGE out, fee paid, wallet empty.

This kind of move usually raises questions. Transfers of this size to a major exchange typically suggest possible liquidation, positioning for OTC settlement, or consolidation ahead of a move. There’s no way to tell yet, but what stands out is the timing.

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Dogecoin has been under pressure for weeks. After pushing above $0.23 in mid-May, it’s been grinding down — and by the time of this transfer, it had fallen to $0.188, wiping out about 18% in under 10 days. This drop puts the transfer right into a local low, which either means someone’s catching the bottom or exiting on the way down.

Whether it’s a whale waking up, internal Coinbase flows, or a long-term holder cashing out, one thing is clear: DOGE that sat still for nearly four years just moved — and it didn’t move small.



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June 2, 2025 0 comments
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Ethereum
Crypto Trends

Ethereum Poised For Major Liftoff: ETH Entrance Into This Key Zone To Trigger $18,000 Rally

by admin May 30, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum continues to make waves in the broader cryptocurrency sector, even with its price falling below the $2,700 level once again as Thursday drew to a close. In recent weeks, ETH has shown notable bullish action, and several crypto analysts are highlighting its potential for a huge upward move toward higher levels in the short term.

Crucial Zone To Lead Ethereum To A New Peak

Given the current market weakness, Ethereum has lost some of its upward momentum after facing resistance at $2,800. Despite this brief pullback, ETH’s recent trend is pointing to a major rally, indicating an extension of the ongoing uptrend.

A seasoned crypto expert on the X platform, Trader Tardigrade, examining the price action, has forecasted a surge to a new all-time high. According to the technical analyst, Ethereum is currently navigating a critical technical zone that may serve as the impetus for one of its biggest rallies ever.

Examining the chart, this crucial zone is referred to as the Impulsive Waves zone. The expert is confident that ETH may be gearing up for a powerful surge to a new peak, as this zone has historically preceded massive upward breakout moves. 

ETH to rally as it enters impulsive waves zone | Source: Trader Tardigrade on X

Following a robust recovery in the last cycle, defined by a huge drop and a swift rebound, the expert claims that ETH is now entering the impulsive waves zone. Since the impulsive waves zone is known for its notable bullish influence on price, its recent emergence implies that ETH’s next major move might already be in motion.

With momentum building and Ethereum challenging key resistance levels, Trader Tardigrade foresees a substantial upward move to the $18,000 milestone, representing a nearly 700% rally from current price levels. The chart shows that the altcoin is likely to reach this untouched level by the second half of next year.

Is ETH Taking Over The Crypto Market?

Trader Tardigrade’s forecast could be backed by the fact that the market is slowly shifting towards an Ethereum season. A look at the ETH/BTC chart reveals that Ethereum is gaining bullish momentum as the pair rebounds from its monthly support level of 0.018.

Additionally, ETH’s price is forming a Bull Flag formation on the daily chart. A bull flag formation is a technical pattern that typically precedes a continued upward trend, suggesting that the altcoin’s bullish run is not yet over. When ETH breaks out from the bull flag pattern, the expert hints at a huge spike in price to the $4,000 mark. 

Crypto analysts like Javon Marks have predicted a sustained uptrend after hitting this key level last seen in December last year. As indicators align toward a rally, Javon Marks believes the next target for the altcoin is $4,811. The expert anticipates another +78% upside from this zone, pushing ETH to $8,500 and beyond.

ETH trading at $2,631 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 30, 2025 0 comments
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Shiba Inu SHIB news
Crypto Trends

Shiba Inu Takes A Major Leap As ShibDAO Decentralizes Power

by admin May 30, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Shiba Inu ecosystem has officially taken a major step towards full decentralization with the launch of ShibDAO. On May 29, 2025, Shibarium Updates (@Shibizens) announced via X that the long-awaited transition to community-driven governance has commenced. With the Shiba Inu community now in control, ShibDAO aims to eliminate centralized decision-making and give power directly to those who stake the Shiba Inu (SHIB), Bone (BONE), Leash (LEASH), and Treat (TREAT) tokens.

Shiba Inu’s Next Chapter

“Breaking: ShibDAO Officially Live — Community Governance Begins,” the announcement states. ShibDAO’s launch opens the door for true decentralization in Shiba Inu’s vast ecosystem, providing community members with both voting power and direct influence over the project’s future.

Key features of ShibDAO’s decentralized governance system include on-chain staking, off-chain voting, and the delegation system. The on-chain staking function, introduced as Bury 2.0, allows users to stake SHIB, BONE, LEASH, or TREAT tokens to gain influence. The more tokens users stake and the longer they maintain their stakes, the more voting power they accumulate, strengthening their voice within the governance process. As of now, no staking rewards are active, with the current phase focused solely on governance participation.

Off-chain voting has been integrated into the system through Snapshot, where community members can propose changes and vote without incurring any gas fees. Real-time on-chain staking data directly influences vote outcomes, ensuring that voting power is dynamically linked to participants’ actual investments in the ecosystem.

“ShibDAO has launched, marking a major step toward real decentralization across the SHIB ecosystem. No more backroom deals — this system gives voice and power to the community,” @Shibizens announced.

For those who lack the time or inclination to vote directly, ShibDAO offers a delegation system. This allows token holders to delegate their governance power to trusted community leaders, with the ability to retract their delegation at any time. This flexible system ensures that even those who cannot actively participate can still influence the project’s trajectory through trusted representatives.

Additionally, ShibDAO introduces the DAO Factory, which enables users to launch their own decentralized autonomous organizations (DAOs) within the Shiba Inu ecosystem. This feature allows anyone to create DAOs for a range of purposes, including gaming, art, decentralized finance (DeFi), or public goods, further decentralizing the platform’s structure.

Currently, four distinct DAOs are operational within the Shiba Inu ecosystem: Shiba Inu DAO, the official central hub for social governance, where veSHIB stakers lead initiatives in community events, charity, UX upgrades, and public good funding. Second, there’s the Bone DAO, focused on Shibarium’s technological evolution, with veBONE stakers overseeing upgrades, contract changes, network improvements, and technical integrations.

Third, there’s the Leash DAO which acts as Shibarium’s judiciary, with veLEASH stakers resolving disputes, arbitrating conflicts, and handling governance litigations. Finally, the Treat DAO is dedicated to innovation, with veTREAT stakers funding new products, dApps, research, and business proposals to drive expansion and innovation within Shiba Inu’s ecosystem.

Notably, the Bury 2.0 beta is currently live and active, marking just the beginning of ShibDAO’s journey toward full decentralization.

At press time, SHIB traded at $0.00001337.

SHIB remains in bearish territory, 1-week chart | Source: SHIBUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 30, 2025 0 comments
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Ps5 Pro
Product Reviews

Never Discounted Since Its Launch, The PS5 Pro Is Now Getting Its First Major Price Cut on Amazon

by admin May 29, 2025


The PlayStation 5 Pro is now available at a more affordable price on Amazon, Black Friday arrived early! For the first time ever since its launch, Sony’s top-of-the-line console is getting an honest price cut, down to $649 which a $50 cut from its original $699 launch price. This is a significant moment as Sony typically resists offering discounts on its consoles for years after release.

See at Amazon

Why Choose The Pro Model?

The PlayStation 5 Pro is designed to provide the best gaming experience with engineering specifications that set it apart from the standard PS5 and PS5 Digital Edition. At its core is a custom AMD Zen 2 CPU and an enhanced RDNA 2 GPU which is engineered to provide higher clock speeds and improved efficiency. This translates into smoother gameplay, faster load times and support for advanced graphical features such as ray tracing, which brings realistic lighting and reflections to your favorite titles.

One of the advantages of the PS5 Pro is storage which comes with a ample 1TB high-speed SSD. This leaves you with a lot of room for an expansive library of games but also results in games loading immediately and you being able to switch between them very quickly. The console features expandable storage via supported NVMe SSDs which means you’ll never lack space no matter how many games you build up. This focus on speed and capability puts the PS5 Pro in a class of its own for casual players and serious gamers alike who desire the best.

The PlayStation 5 Pro also includes a 4K UHD Blu-ray disc drive for physical media and it supports current wireless standards, Wi-Fi 6 and Bluetooth 5.1. With HDMI 2.1, you’ll enjoy high refresh rates and variable refresh rate on VRR-enabled TVs for smoother graphics and reduced screen tearing. The most powerful Sony console is designed to be the hub of your entertainment system with out-of-the-box seamless connectivity to a wide variety of devices and accessories.

The design of the PS5 Pro is aesthetically pleasing and functional as well with a lean look that will turn heads in any living room. It’s built for silent operation so you can sit back and enjoy the gameplay without the distraction of fan noise. The included DualSense controller features advanced haptic feedback and adaptive triggers for a new level of immersion in each and every game you play.

Compared to the standard PS5 and Digital Edition, the PS5 Pro stands out: The standard PS5 is a fantastic console in its own right but the Pro has better performance, more storage space, and better features that future-proof your gaming experience. The Digital Edition is cheaper and doesn’t include a disc drive and comes up short compared to the abilities of the Pro.

This is a limited-time sale and won’t last long, and you’ll be glad you took the day.

See at Amazon



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May 29, 2025 0 comments
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$150 Million Bitcoin Transfer Stuns Major US Exchange
NFT Gaming

$150 Million Bitcoin Transfer Stuns Major US Exchange

by admin May 28, 2025


As the cryptocurrency market sees mixed price actions among top crypto assets, the renowned blockchain tracking platform, Whale Alert, has spotted a massive crypto transfer carrying more than one hundred million dollars’ worth of Bitcoin.

On May 27, the tracker revealed that the leading U.S.-based crypto exchange, Coinbase, has received a large Bitcoin transfer involving 1,588 BTC worth over $150 million.

According to the data provided, the massive Bitcoin transfers were made in two separate consecutive transactions and completed in less than an hour.

Each of the transfers was made from anonymous wallets. The first transaction involved 910 BTC and the second 678 BTC, valued at $100,220,361 and $74,686,024, respectively.

Bitcoin selling pressure ahead?

With massive Bitcoin transfers like this being spotted on major cryptocurrency exchanges, crypto investors fear that selling pressures from Bitcoin whales might be incoming.

This move has triggered concerns among investors, as large amounts of BTC flowing into exchanges from self-custodial wallets have often been traced to selling activities among high-profile investors or institutions.

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However, since the reason behind the Bitcoin transfer was not clarified, there are chances that the transfers could be attempts among whales to rebalance their portfolios.

Over the past hours, the price of Bitcoin has moved in an upside trajectory, suggesting that there were no negative impacts induced by pressures from the large transfers.

Data from CoinMarketCap shows that Bitcoin has increased decently by 1.06% over the last day. As such, the asset is trading at $110,194 as of press time. 

Source: CoinMarketCap

This shows a decent 1.59% decrease from the all-time high of $111,970 it achieved five days ago. This continued surge in Bitcoin’s price is largely attributable to consistent inflows and rising demand experienced by Bitcoin ETFs. 

Earlier, U.Today reported a staggering 7,869 BTC flowing into spot Bitcoin ETFs in just one day.



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May 28, 2025 0 comments
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Cookie price pulls back into major support zone but bullish structure remains intact
GameFi Guides

Cookie price pulls back into major support zone but bullish structure remains intact

by admin May 27, 2025



After an explosive rally from the lows, Cookie has finally cooled off, retracing into a critical support region. With major confluences aligning, this correction could set the stage for the next bullish continuation.

The current zone where Cookie (COOKIE) has stalled, around the $0.26 mark, is not arbitrary. It aligns with several overlapping technical indicators that reinforce its importance as a structural support area. These include the 0.618 Fibonacci retracement from the most recent bullish leg, the 200-day moving average (a key institutional trend gauge), and a VWAP-based support zone that has historically attracted volume and buyer interest.

Key technical points

  • $0.26 Key Support Level: This level is acting as a magnet due to historical structure and buyer interest.
  • 200-Day Moving Average Support: Widely watched by market participants, the 200 MA adds strength to this level.
  • 0.618 Fibonacci Confluence: Classic golden ratio retracement that often marks the end of corrective moves.

CookieUSDT (1H) Chart, Source: TradingView

Cookie recently printed a swing high at $0.36 following a strong impulsive rally. This expansion phase followed a prolonged accumulation period, during which price steadily gained momentum with minimal pullbacks. A correction was expected, and it is now unfolding. Price has reversed sharply and is currently trading at a major technical support level that could serve as a launchpad for the next move.

What makes the $0.26 zone more significant is that it now functions as a potential bullish retest. In technical terms, a rounded retest involves price breaking above resistance, pulling back to it, and validating it as new support. If Cookie holds above this zone with solid volume, it would confirm continued bullish intent and invalidate the potential for a deeper breakdown.

The next major area of interest lies just above the recent swing high at $0.39. A clean break and close above this level would not only confirm a new higher high but also suggest Cookie is ready for another leg up, potentially entering price discovery or targeting psychological round levels beyond $0.40.

What to expect in the coming price action

As long as Cookie holds the $0.26 support, the bullish market structure remains intact. A failure to hold this area may open the door to lower levels, but for now, the trend remains upward, especially if volume returns and momentum picks up. Traders should watch for a breakout above $0.36 to confirm the next bullish leg.



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May 27, 2025 0 comments
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India Makes Major Crypto U-Turn
GameFi Guides

India Makes Major Crypto U-Turn

by admin May 27, 2025


According to the Financial Times, the Indian government has warmed up to crypto, following the example of the U.S.

The government is now reportedly holding frequent meetings with local crypto industry leaders in a major reversal. 

The Indian crypto industry is trying to take advantage of this dramatic change by lobbying for tax cuts. 

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India has a strict crypto tax regime that includes a 30% capital gain tax on all profits from digital currency transactions. The framework, which was adopted back in February, is hampering innovation in the country, according to industry lobbyists.

The report says that the Indian government’s openness to crypto has been partially influenced by ongoing trade negotiations with the U.S. 

However, the increase in engagement on the part of the government does not mean that the industry will be able to see regulatory clarity in the near future. 

The Reserve Bank of India (RBI), the central bank of one of the world’s largest economies, banned banks and financial institutions from dealing with crypto, delivering a massive blow to the fledgling industry. The ban was later overturned back in March 2020, temporarily reviving the industry. 

In 2021, the Indian government introduced a draft bill that proposed imposing a blanket ban on all private cryptocurrencies. However, the ban was never enacted, and the local crypto industry started seeing rapid development before the introduction of the draconian taxation regime of 2022 that led to a significant decline in trading volumes. 



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May 27, 2025 0 comments
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Ripple's Major Partner in Japan Teams up With Solana Foundation
Crypto Trends

Ripple’s Major Partner in Japan Teams up With Solana Foundation

by admin May 26, 2025


  • End of crypto tribalism? SBI Holdings teams up with Solana
  • Partnership focuses on institutions, RWAs

SBI Holdings, Ripple’s largest partner in Japan, has announced a game-changing partnership with Solana Foundation. SBI’s R3 Corda, the world’s biggest platform of permissioned corporate chains, will accelerate TradFi, institution and RWA onboarding to Solana (SOL) blockchain.

End of crypto tribalism? SBI Holdings teams up with Solana

Japanese fintech heavyweight SBI Holdings announced that its private blockchain platform R3 Corda entered into a partnership with Solana Foundation. The collaboration will bring together R3 Corda’s permissioned network experience and the opportunities of Solana’s high-performance mainnet.

🔊SBI announced its important partner R3 has a new partnership with @solana. R3 Corda, used by “HSBC & Bank of America, who hold more than $10 billion in tokenized real-world assets (RWA) on the network”, will access the public blockchain 👉without change to existing systems.… pic.twitter.com/DnDADawdrA

— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) May 26, 2025

The partners will coordinate their efforts on building the first enterprise-grade, permissioned consensus service offered to the public directly on a major L1.

Technically, the integration means private transactions on Corda can be validate directly on Solana mainnet. This is a landmark achievement for the $10 billion ecosystem of Corda that is already leveraged by a number of TradFi majors, including HSBC and Bank of America.

A seasoned Ripple and XRP community enthusiast who goes by @sentosumosaba on X highlights the very specific nature of this collaboration:

I don’t think the XRP community was well served by those KOLs who bad-talked Solana for years.

Also, Lily Liu, President of the Solana Foundation, assumes a position on R3 Corda’s Board of Directors as the partnership kicks off.

Partnership focuses on institutions, RWAs

Largely, the collaboration will be focused on offering Solana (SOL) as a security and validation layer for permissioned blockchains operate by institutions: banks, fintechs, payment processors and so on.

Besides that, joint infrastructure by Solana and Corda will be leveraged by the issuers of tokenized real-world assets (RWAs). 

As covered by U.Today previously, SBI Group recently kickstarted a program of lending applications for XRP, Bitcoin (BTC), Shiba Inu (SHIB) and other major cryptocurrencies.

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SBI Group’s strategy is of paramount importance for Ripple: XRP still remains the second most popular asset for Japanese investors, significantly outperforming Ethereum (ETH).





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May 26, 2025 0 comments
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XRP Rival Stellar (XLM) Just Flashed Major Crash Signal
NFT Gaming

XRP Rival Stellar (XLM) Just Flashed Major Crash Signal

by admin May 25, 2025


A major structural shift has occurred in Stellar (XLM) after it broke below a key trendline that had been holding its price since mid-April. A push toward the $0.26 area could be set up by the maneuver, allowing sellers to gain more control in the short term.

Up until now, the price of XLM had been trending within an ascending channel, gradually building momentum and hitting higher lows. Its four-hour chart now shows that the channel has been broken, with the price dropping through the lower boundary and slipping under the 0.618 Fibonacci level near $0.274.

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Current trading price is around $0.286, still close to the break but noticeably below the support level. The last bounce off the channel line failed to hold, and since then, price action has turned more bearish, with lower highs forming and pressure building to the downside.

The next area to watch is the $0.26 zone, which lines up with previous lows and may offer short-term support. Failure to hold that level would open the chart up toward the next key Fibonacci level at $0.243.

Right now, this Stellar shift is happening alongside Bitcoin holding solid at around $107,000, following a strong rally that lasted several weeks. Concurrently, XRP remains within a narrow price range below $2.35, displaying no clear upward or downward trend. In that context, XLM’s clean breakdown below the trendline support stands out more, especially with BTC and XRP being relatively stable.

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The recovery structure that had been helping XLM rise now looks broken, and with major cryptocurrencies not offering much momentum either way, there’s little external support to lean on. Unless Stellar can bounce back above $0.29 and solidify that position, it looks like the short-term trend is bearish.

This isn’t a confirmed trend reversal by any means, just the most notable technical signal XLM has shown in weeks. And with other large caps moving sideways, chances are this drop is going to stay on the radar heading into next week.



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May 25, 2025 0 comments
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