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

NFT market makes modest comeback as Bitcoin hits $105k level

by admin June 8, 2025

The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop.

At press time, Bitcoin (BTC) price has surged to the $105,000 level. At the same time, Ethereum (ETH) has shown no significant movements in the last seven days. The global crypto market cap is now $3.28 trillion, up from last week’s $3.25 trillion.

According to data from CryptoSlam, market participation continues to grow, with NFT buyers increasing by 55.08% to 826,992. At the same time, NFT sellers rose by 18.12% to 257,017. However, NFT transactions have dropped by 24.94% to 1,651,758.

Ethereum NFT sales drop 15%

Ethereum maintains its leading position with $30.3 million in sales. However, it has fallen 15.57% from the previous week. Ethereum’s wash trading has also increased by 11.33% to $1.8 million.

Immutable (IMX) has surged to second place with $16.4 million in sales and posted a growth of 123.21%.

Bitcoin is in third place with $15.1 million, growing 17.81%. Mythos Chain is in fourth place with $14 million, up 3.26%. Polygon (POL) has dropped to fifth place with $13.9 million, down 7.72%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Solana (SOL) rounds out the top six with $6.1 million and has fallen 13.31%. The buyer count has increased across all major blockchains and Polygon leads at 54.25% growth. Solana followed this at 34.99% and Bitcoin at 33%.

In collection rankings, Courtyard on Polygon maintains its top position with $12.5 million in sales. However, the collection has seen a massive seller decline, dropping 77.08%.

Guild of Guardians Heroes has climbed to second place with $10.6 million, more than doubling with 108.92% growth. DMarket holds third place with $8.9 million, up 6.11%. Guild of Guardians Avatars has entered fourth position with $5 million and has surged 129.32%.

Bitcoin’s BRC-20 NFTs complete the top five with $4.8 million. The collection has seen increases across transactions (10.07%), buyers (4.74%), and sellers (2.96%).

CryptoPunks has fallen to sixth place with $3.5 million in sales, dropping 22.23%. The collection experienced decreases in transactions (13.79%) and sellers (36.36%), while buyer numbers remained flat.

Notable high-value sales from this week include:

CryptoPunks #1831 sold for 150 ETH ($389,846)
CryptoPunks #9778 sold for 150 ETH ($377,958)
CryptoPunks #4868 sold for 76.5 ETH ($201,933)
CryptoPunks #5586 sold for 70.07 ETH ($185,292)
CryptoPunks #7516 sold for 60 ETH ($158,378)

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June 8, 2025 0 comments

NFT Gaming

Will Elon Musk Pick XRP Over Dogecoin For X Payments? Market Expert Answers

by admin June 7, 2025

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

Market expert Joshua Dalton has given his opinion on what cryptocurrency the world’s richest man, Elon Musk, is likely to pick for his X payments. Dogecoin has, for a while now, been rumored to be the crypto that will get the nod, but Dalton has explained why Musk might choose XRP instead.

Musk Could Choose XRP Over Dogecoin

In an X post, Dalton said he believes Elon Musk will do anything to make XRP a chosen one and use it, instead of Dogecoin, on X. The expert is confident that the world’s richest man will make this move, knowing that the Trump family will watch their crypto ventures and Bitcoin crash before their eyes.

Dalton was alluding to the clash between Musk and Trump, in which the world’s richest man has openly criticized the US president over the ‘Big Beautiful Bill.’ The expert believes that Musk is likely to take a step further in his feud with Trump by choosing XRP, probably given the discord between the XRP and Bitcoin communities.

The Trump family has shown their affinity for Bitcoin, with Eric Trump the co-founder of America Bitcoin, a BTC mining firm. The president’s company, Trump Media, recently raised $2.5 billion, which it intends to use to create a Bitcoin Treasury Reserve. Truth Social has also filed for a Bitcoin ETF. As such, Dalton predicts that Musk will choose to join the other side of the divide by picking XRP for his X payments rather than Bitcoin or Dogecoin.

Interestingly, amid the Trump-Musk clash, Bitcoin maximalist Samson Mow has urged the world’s richest man to go all in on BTC rather than picking XRP or any other crypto asset. He further encouraged Musk to allow Tesla to begin receiving payments in BTC while SpaceX can offer discounts on payments made with the leading crypto.

Musk chose not to speak about XRP when he was asked about it during a Town Hall meeting last year. On the other hand, Musk once jokingly described ‘Bitcoin’ as his safe word, while Tesla holds over 11,000 BTC. Dogecoin is also in the mix for the X payments, given the world’s richest fondness for the meme coin.

X Looking To Adopt Stablecoins Instead

While the debate continues over whether Musk will choose XRP, Bitcoin, or Dogecoin for X payments, a Fortune report has revealed that the social media platform is exploring the use of stablecoins. The report stated that the firm is already holding early talks with crypto firms, including payment processor Stripe, about integrating stablecoins.

Specifically, Musk and his platform are discussing how to integrate stablecoins into the payments app ‘X Money.’ The social media platform is said to view stablecoin adoption as a means to lower transaction costs and optimize cross-border payments. This raises questions about whether Musk will enable support for other cryptos, such as XRP or Dogecoin.

XRP trading at $2.18 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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June 7, 2025 0 comments

Musk vs Trump shake the market, but which memecoin could 100x from the chaos?

NFT Gaming

Are Trump and Musk Playing chess with the market? Which coin will win the game?

by admin June 7, 2025

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

Trump–Musk feud shakes markets as Tesla drops, crypto hit; investors brace for fresh waves of uncertainty.

A public feud between Donald Trump and Elon Musk just rattled global markets. The two titans clashed over Trump’s “One Big Beautiful Bill,” with Musk publicly blasting the policy for threatening economic stability.

Trump, never one to back down, responded by hinting at halting government support for Musk-linked ventures like SpaceX and Tesla. Within hours, Tesla shares nosedived, and the ripple effect slammed into the crypto space, signaling more than just political drama. For investors, the message was clear: uncertainty is back, and the smart money is already repositioning.

Elon Musk vs Trump sends the crypto market falling

After Elon Musk and Donald Trump clashed online over the weekend, the entire crypto market took a heavy hit. Bitcoin fell sharply, dropping below the $101,000 mark, while Ethereum slipped by over 6%. In total, more than $170 billion was wiped from the market in just a few hours.

The sell-off was quick and brutal. Within a single day, over $950 million in long positions were liquidated. Traders were forced out of their bets as prices dropped fast, and panic spread across exchanges. It was one of the most sudden crashes seen in recent months.

Some believe it was just a healthy correction. Others think it might have been triggered on purpose. With two of the loudest voices in tech and politics, Musk and Trump, now at odds, tension is rising. Trump criticized Tesla and hinted at policy changes, while Musk fired back online. Tesla shares took a hit, and soon after, crypto followed.

Now many are asking the same question: Was this just a coincidence… or a move to reset the market and shake out weak hands?

Either way, this dip has created new chances, and sharp investors are already moving toward the next breakout.

After the drop, some investors panic – others spot opportunity

Big crashes don’t scare everyone. In fact, they often light the path for those paying attention. While most eyes are still on the feud and the market chaos, some investors are already shifting their focus toward something that’s been quietly building: a frog. Not just any frog but Pepeto.

Back when memecoins first took off, Elon Musk once changed his X profile picture to a frog, sparking wild speculation about what he was hinting at. Some now believe that move wasn’t random. Fast forward, and Elon’s name is being tied to the Trump token launch — a coin that surged, then slumped, all while his public feud with Trump heats up.

Now, enter Pepeto , a memecoin born from the same roots as Pepe, but with a story of betrayal and revival. Rumors in the crypto world say it was sidelined in the early days, only to return now with stronger tech and bigger plans.

📣 Announcement 📣 :

PEPETO EXCHANGE DEMO VERSION IS READY, SET TO BE DISPLAYED IN PEPETO OFFICIAL SOCIALS, IN LESS THAN ONE WEEK – APPLICATION FOR LISTING VIA OFFICIAL WEBSITE WILL RESUME AFTERWARDS –

Comment – $PEPETO is the God of all frogs- if you are all set up and ready… pic.twitter.com/29jey8Oqrg

— Pepeto (@Pepetocoin) June 6, 2025

More than hype, Pepeto runs on Ethereum, features zero-fee trading with PepetoSwap, and allows for fast cross-chain token transfers via its custom bridge. It’s the rare project with both narrative and infrastructure , and as whispers of a Tier 1 listing grow louder, early buyers are racing in before the price moves.

Why Pepeto is quickly becoming a top contender

• Ethereum-based with zero-fee PepetoSwap
• Cross-chain bridge for seamless trading
• Fully audited contract for user protection
• A revived meme story tied to Elon-era speculation
• Tier 1 exchange listing expected to be announced soon

Discover Pepeto before the listing goes live.

In a market that runs on stories, timing, and tools, Pepeto checks every box. It’s not just a comeback; it might be the next 100x. And this time, no one’s ignoring the frog.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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June 7, 2025 0 comments

NFT Gaming

Musk vs Trump shake the market, but which memecoin could 100x from the chaos?

by admin June 7, 2025

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

Musk–Trump clash on X sparks $170b market crash as Bitcoin drops and $950m in longs are liquidated fast.

When two titans collide, the market feels every shock. Latest token movements here , Elon Musk and Donald Trump’s clash on X didn’t just light up headlines — it shook the financial world. Tesla stock nosedived, crypto took a hit, and within hours, Bitcoin dropped below $101,000 while Ethereum slipped over 6 percent. The fallout wiped out $170 billion from the market.

It wasn’t just price drops. Over $950 million in long positions vanished as liquidations swept across exchanges. Trump mocked Musk’s leadership at Tesla, Musk clapped back, and traders scrambled. Was this genuine tension, or a carefully timed shakeup? The debate is on.

Some see it as a market reset, designed to scare off weak hands. Others feel it’s just chaos as usual. But for those paying close attention, moments like this are where new opportunities begin.

Crypto markets shudder as two power players go head-to-head

The Musk-Trump fallout didn’t just stay on social media. It triggered a wave of panic in markets, especially crypto. While most ran for cover, a handful of investors stayed calm, and looked deeper.

They saw beyond the red charts. Some believe this is more than a feud, it could be an intentional move to reset sentiment and prepare for bigger plays ahead. Whatever the truth, it sparked a wave of exits, and quietly, a wave of entries.

Because while most were watching the drama, some were watching a new name rise.

In the shadows of a sell-off, one memecoin begins to rise

As the dust settles from the feud, a quiet stir begins, and Wall Street Ponke is catching that momentum.

Built on Ethereum, Wall Street Ponke isn’t just about hype. It’s got real value backing it, AI-powered tools, staking rewards up to 1,185 percent, and a rising presale that’s already surpassed $300,000 in early investments.

Wall Street Ponke is inspired by the legendary finance and trading movie “The Wolf of Wall Street,” and it’s carrying that same bold energy into the memecoin space. With a major marketing campaign set to kick off soon, visibility could surge in the coming days.

While Pepeto brought frog energy to life, Wall Street Ponke is shifting the memecoin story from whales to builders , and that shift is resonating.

Some insiders say this could be the meme token that combines utility, timing, and narrative in a way we haven’t seen since Shiba or Pepe.

Why Wall Street Ponke is gaining steam post-dip

AI-based trading and anti-scam technology.
Fully-audited smart contract for added trust.
High-yield staking with rewards up to 1,185 percent.
Presale already over $300,000 and counting.
Exchange listing announcement expected soon.

In a moment when the market is unsure who to trust, Wall Street Ponke is offering more than a meme , it’s delivering structure, tools, and timing.

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June 7, 2025 0 comments

NFT Gaming

House Dems Get Bonus Hearing on Crypto Market Structure, Assail Trump Conflicts

by admin June 7, 2025

WASHINGTON, D.C. — U.S. President Donald Trump’s crypto ventures were once again under the microscope during a House Financial Services Committee hearing that otherwise saw legal experts express worries about how regulators might police digital assets under a market structure bill.

The committee held a “minority day” hearing — meaning the witnesses were primarily picked by the Democrats, the current minority party in the House — on Friday, letting lawmakers ask questions more targeted on concerns they have with the Digital Asset Market Clarity Act, the Republican-led market structure legislation that will receive a markup vote next week.

Maxine Waters, the ranking Democrat on the committee who’d demanding this extracurricular hearing after the panel met earlier in the week on the same topic, pointed to Trump’s various crypto efforts in her opening statement, saying her goal was to stop Trump from profiting off of his crypto ventures to the extent he has been.

“What I’m opposed to in this act … is the crooked president of the United States of America, who’s decided to use the office of the presidency to enhance his access to profits,” Waters said.

Republicans focused on a different tack: “Currently, there is no federal framework for non-security digital assets,” Committee Chair French Hill said in his own opening statement, a stance echoed by his colleagues Bryan Steil and Warren Davidson. They contend that Democrats and the administration of former President Joe Biden allowed years to pass in which they failed to protect consumers by offering no rules to oversee crypto.

Crypto has driven an ideological wedge into the Democratic Party on Capitol Hill, with many Democrats — typically skewing toward the younger members — supporting the advancement of digital assets legislation despite the direction of their leadership. Most of the Democrats attending this bonus hearing on the Clarity Act were in the crypto-critical camp, though Representative Jim Himes, a Connecticut Democrat, has supported crypto bills in the past and questioned witnesses at the hearing about his concerns that the bill may include loopholes that could allow financial firms to dodge oversight.

Himes, a yes vote on last year’s predecessor to the Clarity Act — the Financial Innovation and Technology for the 21st Century Act, or FIT21 — said some of the provisions in the new effort may allow for a carveout that can be abused by certain types of issuers under Securities and Exchange Commission regulations.

The Clarity Act itself is more complicated than it needs to be and does not address some of the cybersecurity risks posed to the cryptocurrency industry, said Carole House, a former White House adviser who is now a senior fellow at the Atlantic Council GeoEconomics Center. She pointed to recent crypto hacks, including crypto exchange ByBit, as an example.

Amanda Fischer, policy director at Better Markets, a Washington group advocating for financial policies that favor the public, said her bigger issue was with the exceptions that exist for companies to seek regulation under the Commodity Futures Trading Commission rather than the Securities and Exchange Commission, saying that it might provide loopholes for issuers or other crypto companies that otherwise would be regulated under the SEC and be subject to securities registration and reporting requirements.

But as has been seen in other recent hearings, Trump’s crypto ties again reappeared as the star of the show.

Bart Naylor, a policy expert at Public Citizen and a former investigator for the Senate Banking Committee, said he believes Trump is specifically soliciting gifts through his memecoin and selling favors through actions like his memecoin dinner or by terminating SEC lawsuits against companies which donated money to him.

White House officials have routinely denied Trump is exhibiting a conflict of interests in his pursuit of digital assets business gains.

Waters had staged a walkout last month from what was meant to be a joint hearing of this and the House Agriculture Committee on crypto policy, though industry insiders were careful to note that not all the panel’s Democrats followed Waters’ departure.

Read More: Planned Crypto Hearing in U.S. House Derailed by Democrat Revolt

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June 7, 2025 0 comments

Crypto Trends

Polymarket to Serve as Official Prediction Market of Elon Musk’s X

by admin June 6, 2025

In brief

Polymarket is now the official prediction market of X.
The companies released on Friday a tool that combines data from X and Polymarket’s event contracts.
X and Polymarket plan to work on several other “integrations and unique experiences” together.

X has unveiled a real-time tool that dissects market-moving news in partnership with Polymarket, a crypto-native prediction markets platform, the companies said Friday in a joint statement.

Launched on Friday, the tool will offer live insights into events that influence markets, combining data from X and predictions from Polymarket. In addition, the product will leverage xAI’s chatbot Grok and relevant X posts to provide real-time explanations of market moves.

Combining those various technology tools will “enable us to provide contextualized, data-driven insights to millions of Polymarket users around the world instantaneously,” Polymarket founder and CEO Shayne Coplan said Friday in a statement.

Neither X nor Polymarket immediately replied to Decrypt’s follow-up questions about what kinds of events the tool will track.

The product is the first of several “integrations and unique experiences” to come from X and Polymarket’s agreement, according to the companies’ joint press release.

The partnership comes amid traditional technology firms’ growing embrace of digital assets payments and the blockchain technology that undergirds them.

Late last year, Stripe re-introduced cryptocurrency integrations to its platform, while Meta is reportedly revisiting its stablecoin ambitions following its decision to sunset Diem (formerly Libra) in 2022. Meanwhile, Kalshi and Robinhood showed signs of deepening their pushes into digital assets earlier this year.

It also comes after a record-smashing year for Polymarket. Last fall, amid the U.S. elections season fervor, the prediction market operator recorded daily trading volumes of roughly $85 million. And, on Election Day, Polymarket notched an eye-watering total open interest of $463 million.

Edited by James Rubin

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June 6, 2025 0 comments

Crypto Trends

Bitcoin market of 2025 driven by stablecoin regulation: Finance Redefined

by admin June 6, 2025

Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency.

Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, may lay the foundation for a Bitcoin cycle top of over $150,000, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures.

Meanwhile, venture capitalist (VC) interest has slumped. The number of VC deals closed recorded its lowest month of the year in May, with just 62 investment rounds resulting in $909 million raised.

Crypto fundraising trends, monthly chart. Source: Rootdata

A challenging “macro backdrop” paired with “higher-for-longer policy rates, jittery bond markets and fresh tariff headlines have made it harder for risk assets to get new M&A deals over the finish line,” Patrick Heusser, head of lending at Sentora and a former investment banker, told Cointelegraph.

Bitcoin reserve, stablecoin regulations big 2025 market catalysts, says VC

Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures.

During Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said the crypto market’s 2025 rally had been driven mainly by shifting US policy.

“One of the strongest drivers is definitely the policy change,” she said, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin policy developments as the main catalysts for Bitcoin price upside in 2025.

“Stablecoin will be one of the strongest places that I would invest long term,” she added, citing regulatory progress in the US.

Source: Cointelegraph

Li’s comments came as the industry was awaiting a full Senate vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which aims to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.

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Ethereum reclaims DeFi market as bots drive $480 billion stablecoin volume

The Ethereum network is staging a comeback in 2025 as bot-driven activity and stablecoin growth push the mainnet back into the center of decentralized finance (DeFi).

On June 4, crypto trading platform Cex.io reported that automated bots facilitated 4.84 million stablecoin transfers on Ethereum’s layer-1 blockchain in May. The volume reached $480 billion, its highest to date.

Illia Otychenko, the lead analyst at crypto exchange Cex.io, linked the activity surge to lower transaction fees in the first quarter of 2025, which helped reverse a multi-year trend of liquidity and user migration to rival blockchains and Ethereum layer-2 networks.

Because of this, the mainnet’s stablecoin market capitalization grew by 11% in 2025, taking market share away from its layer-2s. While the mainnet recouped stablecoin market share, the combined stablecoin market on L2s only shrank by 1%.

Ethereum stablecoin market cap year-to-date change within the Ethereum ecosystem. Source: Cex.io

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Binance co-founder CZ proposes dark pool DEXs to tackle manipulation

Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation.

In a June 1 X post, Zhao said he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.”

“The problem is worse on a perp DEX where there are liquidations,” he said.

Zhao added, “If you’re looking to purchase $1 billion worth of a coin, you generally wouldn’t want others to notice your order until it’s completed.” This is to prevent front-running and maximum extractable value (MEV) bot attacks, which can result in increased slippage, worse prices and higher costs.

His comments followed the liquidation of nearly $100 million in Bitcoin long positions on Hyperliquid reportedly held by a trader known as James Wynn. The event, which occurred after Bitcoin fell below $105,000, sparked claims on X that some users had coordinated to “hunt” Wynn’s liquidation.

Source: CBB

One X user claimed that Tron co-founder Justin Sun showed interest in participating, but the claim remained unconfirmed. He also went so far as to invite Eric Trump, the son of US President Donald Trump, to the group.

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RWA token market grows 260% in 2025 as firms embrace regulating crypto

The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products.

Real-world asset tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities for these assets.

The RWA market surged more than 260% during the first half of 2025, surpassing $23 billion in total valuation. It was $8.6 billion at the beginning of the year, according to a Binance Research report shared with Cointelegraph.

Tokenized private credit led the RWA market boom, accounting for about 58% of the market share, followed by tokenized US Treasury debt, which accounted for 34%.

“As regulatory frameworks become clearer, the sector is poised for continued growth and increased participation from major industry players,” the report said.

RWA market total value, all-time chart. Source: Binance Research

RWAs have no dedicated regulatory framework and are considered securities by the US Securities and Exchange Commission (SEC). However, the sector still benefits from regulatory developments in the broader crypto space.

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BitoPro confirms $11.5 million exploit, says withdrawals unaffected

Taiwan-based cryptocurrency exchange BitoPro confirmed a security breach that led to the loss of more than $11.5 million in digital assets from its hot wallets on May 8.

The suspicious transactions, which occurred across hot wallets on Ethereum, Tron, Solana and Polygon, saw asset outflows to decentralized exchanges (DEXs) where they were later marked as sold, according to onchain investigator ZachXBT.

Despite the incident, BitoPro did not disclose the exploit on X or Telegram for several weeks, ZachXBT said in a June 2 post on X.

BitoPro suspicious transactions, notice. Source: ZachXBT

Blockchain data showed assets were deposited into cryptocurrency mixer Tornado Cash or bridged to Bitcoin via THORChain, patterns often employed by hackers to make funds anonymous and untraceable.

On May 9, BitoPro announced a maintenance period for the exchange, which was resolved on the same day. However, many users have since reported being unable to withdraw USDt (USDT).

Three weeks after the incident, BitoPro confirmed it had suffered a wallet exploit. In a June 2 Telegram post, the exchange said the breach occurred during a wallet system upgrade, when an attacker exploited an “old hot wallet” during internal fund reallocation.

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DeFi market overview

According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the red.

The DeXe (DEXE) token fell over 30%, staging the biggest decline in the top 100, followed by the Virtuals Protocol (VIRTUAL) token, down 24% on the weekly chart.

Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.

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June 6, 2025 0 comments

The AMD Radeon RX 9060 XT graphics card on a red gradient background

Product Reviews

A new report indicates Intel’s latest Battlemage GPUs are a total failure and AMD’s gaming graphics market share fell to just 8% but overall graphics cards sales are up

by admin June 6, 2025

AMD’s share of the add-in graphics card market fell to a fairly pitiful 8% in the first quarter of 2025 according to Jon Peddie Research (JPR), a specialist in tracking PC hardware sales. Meanwhile, JPR puts Intel’s graphics market share at essentially zero, with Nvidia hoovering up the remaining 92%. Ouch.

Before we all escalate the threat level to PC gaming to DEFCON 1 and panic, it should be noted that JPR’s figures cover the period up to the end of March. AMD’s new Radeon RX 9070 and 9070 XT were only released on March 6. So, that’s only three and a bit weeks of RDNA 4 sales in the figures.

In other words, we’ll have to wait for the Q2 numbers to get a full picture of how much impact AMD’s new GPUs have had. Indeed, we’ll arguably have to wait even longer than that, since it’s the RX 9060 XT, which only went on sale yesterday, that’s meant to be the real volume play for AMD and that won’t have a substantial impact on market share figures until the Q3 data is out.

Overall, GPU sales were up 8.5% in Q1 2025 compared to Q4 2024. JPR says that Q1 is usually flat or down compared to the previous quarter, but that, “In Q1’25, AMD and Nvidia introduced new AIBs, which stimulated the market.”

If we’ll have to wait a little longer to see how the RX 9070 and 9060 GPUs fare for AMD, the verdict on Intel’s Arc B570 and B580 GPUs is surely in and it not good news, not good news at all.

The blip that was 1% Intel market share has vanished from the latest GPU sales figures. (Image credit: JPR)

JPR reckons Intel’s market share fell by 1.2% in the latest quarter, essentially putting it on 0% and not appearing in the data for Q1 2025. If there was already doubt over Intel’s commitment to the add-in graphics card market, this apparent total failure of Intel’s second-gen Battlemage generation of GPUs is extremely troubling.

Battlemage GPUs went on sale at the end of 2024. So, in theory Q1 2025 was a full quarter for sales of Intel’s latest graphics hardware. Obviously sales of the B570 and B580 haven’t actually been zero. But if JPR is to be believed, the volumes are so small as to effectively push Intel out of its data.

If even half a percent of sales were going to Intel, JPR would no doubt have included that in its data. So, we’re talking less than one in 200 GPUs sales being Intel cards, and quite possibly an order of magnitude or more worse than that.

It really is a grim outlook for Intel graphics and puts rumours of more powerful Battlemage GPUs into context. With sales this low, is it remotely realistic to expect Intel to wheel out that purported Nvidia RTX 4070 / 5070 killer? It doesn’t seem terribly plausible in the light of this latest data.

Still, the numbers we’re really looking forward to will be Q3 2025, when both of AMD’s new RDNA 4 GPUs will have had at least a full quarter on sale. That data probably won’t be out until the end of the year. So, check back in December and cross all your fingers and toes until then.

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June 6, 2025 0 comments

GameFi Guides

Why is crypto market down today? Trump-Musk fallout effect

by admin June 6, 2025

The crypto market slid sharply on Friday, June 6, shedding 5% over the past 24 hours as rising political tensions between President Donald Trump and Elon Musk sent investor confidence tumbling.

The total crypto market capitalization now stands at $3.29 trillion, down from around $4.1 trillion on June 5. According to data from Alternative, the Crypto Fear & Greed Index dropped 12 points, from 57 to 45, marking a move into “fear” territory. This decline in sentiment follows a public clash between Trump and Musk that has also weighed heavily on traditional markets.

Bitcoin (BTC) is down 3.1% and trading at $101,843 at press time. Ethereum (ETH) leads the top 10 altcoin losses with a 7.5% slide, while Solana (SOL), XRP (XRP), and BNB (BNB) each slid about 5%. Nearly $986 million in cryptocurrency positions were liquidated in the last day, according to Coinglass data, a 358% increase.

The crypto market relative strength index dropped to 32.7, indicating oversold conditions, and open interest dropped 2.71% to $140 billion.

The market reaction followed a series of political escalations. The fallout started when Musk resigned from the Department of Government Efficiency and publicly criticized the President’s recent spending bill, dubbed the Big Beautiful Bill.

In response, Trump revoked Jared Isaacman’s NASA nomination, a close associate of Musk, and threatened to completely cut off government contracts for businesses run by Musk.

The feud intensified on June 5 after Musk accused Trump of being connected to the Jeffrey Epstein files and supported calls for his impeachment. Trump, in turn, declared that Musk had “gone crazy.” As tensions rose, Tesla shares plunged more than 14%, and Musk announced SpaceX would begin decommissioning its Dragon spacecraft.

Dogecoin (DOGE) suffered the sharpest decline among major tokens, plummeting nearly 20% in the past 24 hours. While DOGE lacks intrinsic utility, its price has long been sensitive to Musk’s actions and statements. The token had rallied following Trump’s election win, amid hopes of crypto-friendly policies. However, investors seem to be pulling back as that optimism wanes.

Alongside digital assets, cryptocurrency-related stocks also suffered. Mining companies MARA, Riot Platforms, and Core Scientific all saw losses of about 5%, while Coinbase fell 4.6% and Strategy fell 2.4%.

Meanwhile, political uncertainty continues to attract the interest of the crypto community. Traders currently assign a 10% probability that Trump will be impeached before the end of 2025 on the decentralized prediction platform Polymarket. So far, almost half a million dollars has been wagered on that outcome.

Market volatility may persist in the coming days as macro risks increase and sentiment toward cryptocurrencies declines.

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June 6, 2025 0 comments

Crypto Trends

Ross Ulbricht’s Bitcoin donor tied to dark market Alphabay

by admin June 6, 2025

A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis.

Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier this month to Alphabay, a predecessor to Silk Road that operated from 2014 to 2017.

Chainalysis suggested that the funds came from a major vendor on the platform who would have had access to such substantial amounts.

“We have reasonable grounds to suspect that these funds originated in AlphaBay,” Chainalysis director of investigations Phil Larratt said. “Looking at the amount, that would suggest they came from someone who was possibly a vendor on AlphaBay back in the early days.”

Independent blockchain sleuth ZachXBT confirmed the 300 Bitcoin did not come from Silk Road and noted suspicious patterns in how the donor moved the funds.

They used multiple mixing services to obscure the transaction trail and cashed out other cryptocurrencies in small amounts to avoid detection, which he suggested indicated criminal origins.

ZachXBT said on X that the donation appears to come from a “sketchy centralized mixing service,” called Jambler, whereas normal privacy enthusiasts use decentralized mixers such as Wasabi and the now-defunct Samourai.

🔥 TODAY: Ross Ulbricht, founder of the SilkRoad marketplace, received 300 $BTC in his donation wallet. pic.twitter.com/51tnFbWmCa

— Cointelegraph (@Cointelegraph) June 1, 2025

Related: Silk Road founder’s belongings fetch $1.8M in Bitcoin auction

The analysis suggested that the money was a “legitimate donation, but not legitimate funds,” ZachXBT told WIRED.

“Usage of multiple mixers, spreading out CEX [centralized exchange] deposits, etc, that is done typically if you are trying to avoid getting illicit funds frozen,” he said.

Alphabay takedown on BTC links

Chainalysis was instrumental in the identification of AlphaBay-linked Bitcoin addresses, which played a key role in the takedown of the darknet marketplace in an investigation known as “Operation Bayonet” that spanned 2016 and 2017.

Any BTC held since then would have appreciated dramatically, potentially over 40-fold, but the identity of the donor and their motivation remain unknown.

In January, US President Donald Trump fully pardoned Ross Ulbricht, who had been in prison for 12 years serving a double life sentence plus 40 years for running the Silk Road.

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June 6, 2025 0 comments