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XRP Price Prediction: XRP Consolidates Near $2.36 as Traders Await Breakout Confirmation

May 21, 2025 by Usman Zafar

  • XRP is trading at $2.3606 with a minor 0.04% gain, entering a consolidation phase after recent volatility.
  • Bollinger Bands are narrowing, signaling a potential breakout as price moves within a tight range.
  • RSI at 47.20 and closely aligned short-term EMAs reflect market indecision.
  • A move above $2.4302 could trigger bullish momentum, while a drop below $2.3052 may lead to further downside.

XRP is currently trading at $2.3606, reflecting a slight increase of 0.04% in the last four hours. The asset has entered a consolidation phase after a period of volatility earlier this month.

XRP 1D graph coinmarketcap 18
Source: CoinMarketcap

This sideways movement mirrors the broader trend across the crypto market, where many altcoins are stabilizing as Bitcoin struggles to reclaim key resistance levels. With uncertainty prevailing, XRP is showing signs of a potential breakout, but traders remain cautious as momentum indicators flash mixed signals.

XRP Eyes Breakout as Momentum Builds

On the 4-hour chart, XRP is moving within a tightening range, with the Bollinger Bands (20, 2) beginning to narrow. The upper band currently sits at $2.4302, while the lower band offers support at $2.3052. This squeeze pattern often precedes a major price move, suggesting that XRP could be gearing up for a significant shift in direction. The price is hovering near the midline of the bands, indicating equilibrium between buyers and sellers.

Short-term moving averages also highlight market indecision. The 9-period Exponential Moving Average (EMA) is positioned at $2.3592, almost perfectly aligned with the current market price. Similarly, the 9-period Triple Exponential Moving Average (TEMA) sits just below at $2.3584. This close convergence between moving averages and price action underlines a lack of strong directional bias in the short term.

XRPUSD 2025 05 20 21 29 36
XRP Price Prediction: XRP Consolidates Near $2.36 as Traders Await Breakout Confirmation 3

Momentum indicators paint a neutral to slightly bullish picture. The Relative Strength Index (RSI) is currently at 47.20, just below the key 50 mark. This suggests a balance between buying and selling pressure, with no clear dominance from either side.

Meanwhile, the MACD (12, 26, 9) is showing early signs of a potential bullish crossover. The MACD line has edged above the signal line, posting a value of 0.0027 against -0.0139, but the histogram bars remain muted, reflecting weak overall momentum.

With XRP caught in a tight consolidation pattern, traders are now looking for signs of a confirmed breakout. A decisive move above the $2.4302 resistance level could reignite bullish sentiment, paving the way for a rally toward the $2.50–$2.55 zone. Conversely, a drop below $2.3052 may trigger a bearish pullback, potentially dragging the token further down if broader market weakness persists.

For now, the XRP market remains in a state of equilibrium. Traders should watch for increased trading volume and strong follow-through before entering new positions. Until then, the trend remains neutral, with a slight upward bias contingent on confirmation from technical indicators and broader market support.

Related Reading | LINK Price Update: Bullish Setup Targets $17.60 with More Gains in Sight

Filed Under: News, Altcoin News Tagged With: Ripple News, Ripple XRP Price, XRP 2025 forecast, XRP Breakout, XRP news, XRP Price, XRP Price News, XRP Price Prediction 2025, XRP price today, XRP/USD

Société Générale’s SG Forge to Launch First Bank-Issued Dollar Stablecoin on Ethereum

May 21, 2025 by Sheila

  • SG Forge will debut the first bank-issued dollar stablecoin on Ethereum for institutions.
  • The stablecoin uses SG Forge’s e-money license for legal use across the European Union.
  • Dollar stablecoins now make up nearly $250 billion of the global stablecoin market.

Société Générale’s blockchain subsidiary, SG Forge, is close to launching a stablecoin pegged to the U.S. dollar on Ethereum. This is the first time any central global bank has launched a public, dollar-pegged stablecoin on a public blockchain. The token is made for European institutional investors who need a regulated way to access digital assets and US dollar liquidity.

SG Forge’s entry into the sector shows how banks are now competing with crypto-native firms. Initially, the stablecoin will only operate on Ethereum, though plans are to bring it to other networks like Solana. Sources familiar with the launch say the product will become available soon.

CRYPTO SUBSIDIARY OF FRENCH BANK SOCIETE GENERALE 'SG FORCE' TO LAUNCH FIRST BANK-ISSUED DOLLAR STABLECOIN ON ETHEREUM

— The Wolf Of All Streets (@scottmelker) May 20, 2025

SG Forge’s E-Money License Sets It Apart in Regulated Stablecoin Offerings

With the e-money license, SG Forge can make its stablecoin available in the European Union. Due to the regulatory structure, all digital tokens issued have dollar reserves and are monitored. The decision is made as investors seek more secure and compliant options than those offered by companies like Circle and Tether in the USA.

After the release of EUR CoinVertible in 2023, SG Forge is now launching the company’s first euro-linked stablecoin. The presence of EURCV demonstrated the company’s ability to handle regulated digital assets. However, its participation in the market is still small compared to the vast U.S. dollar stablecoin sector. A wider audience will use a dollar-pegged stablecoin, since only a small fraction of the entire $243 billion stablecoin market is euro stablecoins.

The rules set by Europe pose problems for companies trying to issue stablecoins. MiCA calls for strict regulations on reserves and licensing, so the number of euro stablecoins in the market should decrease. SG Forge’s compliance with these standards gives it an edge as stablecoin regulation tightens in the EU and worldwide.

Stablecoin Adoption Expands as Banks Enter Digital Asset Market

Société Générale is launching a dollar-based stablecoin as the adoption of stablecoins grows rapidly. Stablecoins such as USDC and USDT make up the majority with a combined value of more than $200 billion in the U.S. Circle’s USDC and Tether’s USDT are still the top choices and SG Forge’s entry is a newly regulated stablecoin backed by a prominent European firm.

Traditional banks and payment networks are incorporating stablecoins into their services to stay competitive as demand for digital dollars rises. In addition, Visa, MasterCard, and Stripe are beginning to offer services that include stablecoins, while the GENIUS Act is a possible sign that the U.S. is backing stablecoins with regulation.

Related Reading | XRP Price Soars with 640M Whale Move and Ripple Possible Expansion

Filed Under: News, Blockchain, Fintech Tagged With: Cryptocurrency, Ethereum (ETH), europe, SG Forge, Stablecoin Adoption

Network activity on Ethereum Hasn’t Increased Despite Pectra Upgrade: Glassnode

May 21, 2025 by Paul Adedoyin

  • Since the Pectra upgrade on Ethereum, user activity has remained below the usual level seen throughout the previous year.
  • While new and resurrected wallets are less active, Ethereum’s user churn has fallen by 8.5%, meaning people stay in the network longer.
  • Glassnode shows that people are holding onto their cryptocurrency more, but there’s no way to tell if this is just because of the upgrade or the state of the whole market.

Glassnode states that despite the Pectra upgrade, there has not been a significant rise in the number of people using Ethereum. In a recent post on May 20, 2025, Glassnode revealed that since the upgrade, some important signs of user activity have fallen instead of rising. 

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Source: X @ Gassnode

This month, the number of users making their first transaction on Ethereum dropped by 1.8 percent compared to the monthly average for the year. In addition, there has been an 8.4 percent decline in revived addresses, meaning fewer users have returned to Bitcoin.

Even with these drops, Glassnode noted that user churn has gone down by 8.5 percent. Churn is a measure of the number of active users who are no longer using the network. With churn going down, it’s clear that current users are staying on the platform for a longer period. 

This means that while user retention is slightly up, new users have not increased yet.

Chart Reveals Changes in the Numbers of People using Ethereum

These recent findings were illustrated by Glassnode with a visual diagram labeled “ETH: Month-over-Month Activity Retention.” It uses four colored layers on the chart to show how users interact with Ethereum over time. The brightest blue in the chart highlights new users. 

Those in the medium blue area are shown to be regular users, whereas the light blue section represents users who are back on the app after a break, and the pink section means users who have stopped using it.

According to the data, a noticeable drop in all categories lasted from early February to April. At this period, there was a decline in network engagement. Things began to change for good, with a slight increase in activity in mid-May. At the end of the chart, the area in pink shrinks, which agrees with what Glassnode’s report about less people closing their wallets.

Related Reading | Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?

Filed Under: News, Altcoin News Tagged With: Address Count, Blockchain Metrics, Crypto Trends, Ethereum Upgrade, Ethereum Users, Glassnode Insights, Network Activity, Pectra Update, User Retention

SEC Slams America’s First Crypto Company in Explosive $100 Million Scam

May 21, 2025 by Bena Ilyas

  • The SEC accuses crypto startup Unicoin of misleading over 5,000 investors with false claims about asset backing and regulatory approval.
  • Unicoin allegedly claimed to have raised $3.3 billion and was backed by billions in assets, but only about $110 million was raised.
  • Key executives, including CEO Alex Konanykhin, face charges; General Counsel Richard Devlin agreed to a penalty without admitting guilt.

The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto startup Unicoin and its top executives, alleging massive fraud involving the sale of fake rights certificates tied to its digital token. According to the SEC, the New York-based company misled thousands of investors by falsely promoting Unicoin tokens as backed by billions of dollars in real-world assets, including real estate and equity in pre-IPO companies.

In a complaint filed in the U.S. District Court for the Southern District of New York, the Securities and Exchange Commission accuses Unicoin of claiming to have raised more than $3.3 billion from investors. However, investigators say the actual amount was no more than $110 million. The agency also alleges that Unicoin falsely told the public that its tokens and rights certificates were registered with the SEC, a statement that regulators have categorically denied.

“As we allege, the real estate assets were worth a mere fraction of what the company claimed, and the majority of the company’s sales of rights certificates were illusory,” said Mark Cave, Associate Director of the SEC’s Division of Enforcement.

Screenshot 2

Source: Securities and Exchange Commission (SEC)

Unicoin Exposed in SEC Crypto Scam Charges

Unicoin used an aggressive multi-platform marketing campaign to promote its crypto investment scheme. Advertisements were placed in major U.S. airports, broadcast on television, shared on social media, and even displayed on thousands of New York City taxis. These promotional efforts gave the appearance of legitimacy, helping the company convince more than 5,000 retail investors to buy into the project.

The Securities and Exchange Commission says these tactics played a central role in the alleged scam, allowing Unicoin to present itself as a secure and innovative crypto project while hiding the lack of actual asset backing and regulatory approval.

The SEC has charged several key figures in the company with violating federal securities laws. Among those named are Alex Konanykhin, the CEO and chairman; Silvina Moschini, the former president and chairwoman; and Alex Dominguez, the former chief investment officer.

Additionally, Richard Devlin, Unicoin’s General Counsel, was charged with making misleading statements in private investor communications. Devlin has since agreed to a permanent injunction and will pay a $37,500 civil penalty without admitting or denying the charges.

SEC Targets Unicoin in Ongoing Crypto Crackdown

The Unicoin case is the latest in a series of crypto enforcement actions by the SEC, as regulators aim to crack down on unregistered securities offerings, fraudulent asset claims, and deceptive marketing in the digital asset space.

This case serves as a warning to investors about the growing number of crypto scams disguised as legitimate investment opportunities. The commission emphasized the importance of verifying whether tokens or offerings are properly registered and whether they are backed by real assets, as claimed.

As the lawsuit progresses, Unicoin could face significant financial penalties and regulatory restrictions. The outcome of this case may also shape future Securities and Exchange Commission policies on crypto advertising, investor protections, and the enforcement of securities laws in the decentralized finance (DeFi) sector.

Investors and industry watchers alike will be monitoring the case closely, as it underscores the urgent need for greater transparency and accountability in the cryptocurrency investment market.

Related | Solana (SOL) Weekly Review: Key Support Holds, But Volume Drops Raise Caution Flags

Filed Under: News, World Tagged With: Crypto, Cryptocurrency, SEC, Securities and Exchange Commission (SEC), Unicoin

Milei Shuts Down LIBRA Task Force Amid Backlash Over Crypto Scandal

May 21, 2025 by Mwongera Taitumu

  • Milei dissolves LIBRA investigation task force despite mounting pressure.
  • Opposition demands further investigation into Milei’s LIBRA involvement.
  • LIBRA’s collapse led to millions in losses, sparking legal probes worldwide.

Argentine President Javier Milei has officially dissolved the task force that was established to investigate the controversial LIBRA cryptocurrency scandal. This decision, announced by Milei and Justice Minister Mariano Cúneo Libarona on May 19, comes just three months after the creation of the task force. Milei promoted the cryptocurrency that crashed and led to massive loss of investor funds.

The Investigative Task Unit (ITU) was formed earlier this year, shortly after President Milei endorsed LIBRA on his official social media platform, X. The value of the cryptocurrency surged to $5 per token and reached about $5 billion in a market capitalization before it crashed, causing investors heavy losses. The task force intended to probe the possible role of Milei in LIBRA’s launch and crash, which many critics have likened to a pump-and-dump scheme.

Milei Shuts Down Investigative Task Unit (ITU)

The Argentine government declared that the ITU had completed its mandate and forwarded the collected information to the Public Prosecutor’s Office. However, the government has not disclosed the results or measures. Opposition has expressed concerns  and urged the parliamentary commission to further probe Milei’s actions.

Opposition has criticized the dissolution of the task force. They have requested the activation of an investigative commission to reveal the full details of the scandal. The case attracted a lot of attention across the world as well as investigations  in the United States and Spain.

LIBRA Collapse Leaves Investors in Losses

Milei’s reputation has suffered in Argentina, as the public opposed him. A survey reports that after the LIBRA fiasco, more than 50% of Argentinians don’t trust the president. However, Milei has denied ill-intentions in the crypto venture.

Blockchain data has revealed that over 15,000 wallets traded LIBRA and 86% of them reported losses. While Milei argued that local investors were not affected, the data shows that many Argentinians were hurt. The losses have raised concerns about the project and the role of insiders.

Milei Faces Increased Global Scrutiny

Even though the investigation into LIBRA is done, the legal process will continue. The scandal is under investigation from both international authorities and Argentine courts. Milei is still under pressure to explain his role in the collapse of the cryptocurrency.

However, the scandal has raised concerns about management and political involvement in crypto projects in Argentina.

Related Reading | Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?

Filed Under: News Tagged With: argentina, Libra, Milei

LINK Price Update: Bullish Setup Targets $17.60 with More Gains in Sight

May 21, 2025 by Sajjal Ali

  • LINK has broken out of an Inverse Head and Shoulders pattern, signaling a bullish reversal and the potential for continued upward movement.
  • Strong support has formed around the $14.90 and beyond, reinforcing bullish momentum as LINK trades just below the key $16 resistance.
  • Upside targets include $17.60 and beyond, provided broader market conditions remain favorable, especially with Bitcoin’s price action in focus.

LINK is riding bullish momentum, just around its level of resistance. Recent price action is an indication of buying interest, promoting it for upside, and support levels remain intact, and market mood is optimistic overall. Traders and investors are watching this token to gain maximum recovery post-breakout.

Currently, LINK is trading at $15.75 with $529.39M 24-hour trading volume and a $10.32B market cap. Its price in the last 24 hours and last week has been affected by market fluctuations, but its price within the last month is up by 17.58% and has great potential for the new and fresh breakout.

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Source: CoinMarketCap

LINK Shows Strong Momentum With $17.60 in Sight

A prominent crypto analyst highlighted that LINK is hovering around crucial $16 resistance, caught between unpredictable market uncertainty and rising bullish momentum; the price remains indecisive as buyers and sellers battle for control. Such trading is one indication of mounting pressure, as market players wait anxiously for that breakout moment.

AD 4nXdJ5dA0RKLAqHSo4vy89aiV8aOEBMldCsQbFRMMB3lZh02PhZcCCnwkXo93zPK iucYzQ724oSI e47pfgLCm92CjGkpvuJ2gC9

Source: X

$16 has remained a critical resistance, and its ongoing testing is bullish for mounting momentum, which can push it to an even more powerful push. Such movement might turn LINK into an attractive trade for momentum players, provided it is supported by strong market sentiment and solid trading volumes. In the meantime, it is in a critical position; this breakout might decisively turn momentum towards $16.80.

Moreover, another crypto analyst suggested that Chainlink has broken above an Inverse Head and Shoulders chart pattern, one of the classic signs of an imminent reversal in favor of an uptrend following an established downtrend. Following the breakout, coin pulled back to revisit the $14.90 neckline, which has since acted as a reliable support level. 

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Source: X

With support building and momentum gaining, LINK is positioned to potentially experience an upswing. Top targets of this upswing include $17.60, $19.60, and $21.60. Yet, Bitcoin’s price action is still one of the main unknowns that might affect LINK’s chances to reach these targets fully. However, the technical setup is strong enough to support movement towards at least the first two levels of resistance, assuming overall market conditions remain supportive.

Related Reading: Key Support at $0.28 May Influence Stellar (XLM) Price: Analyst

Filed Under: News, Altcoin News Tagged With: Chainlink bullish pattern, Chainlink price, Chainlink Price Analysis, Inverse Head and Shoulders LINK, LINK breakout 2025, LINK Crypto, LINK Price News, LINK Technical Analysis, LINK/USD

Solana (SOL) Weekly Review: Key Support Holds, But Volume Drops Raise Caution Flags

May 21, 2025 by Sajjal Ali

  • Solana price stabilizes above critical $162 support amid lower volatility.
  • Alpenglow upgrade slashes transaction finality from 12 seconds to 150 milliseconds.
  • Analysts predict moderate price fluctuations for Solana through 2025, with potential slight ROI.

Solana (SOL), which is one of the leading Layer 1 blockchain platforms, is trading at $166.61, up just 1.30% from where it stood earlier. The trading volumes, though, have declined considerably by as much as 30% in the last 24 hours to $3.8 billion. During the previous week, it lost 4.80% to trade at $166.62.

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Source: Coinmarketcap

Solana is experiencing a sound consolidation process within an established trading channel. All support at $162 is strongly supported by bullish momentum, as much as there is muted underlying volume and prevailing market indecision.

The Relative Strength Index (RSI) stands at a neutral 66.54, showing scope for further upside before becoming overbought. The MACD indicator, on the other hand, suggests an imminent change in momentum, indicating that traders can keep an eye on developing trends.

The technical arrangement shows bullish inclination as price remains above the 20-day exponential moving average (EMA). There is decreased volatility exhibited by Bollinger Bands width at 10.16% as well as DMI values in favor of buyers, who retain command while consolidating.

AD 4nXd9SrYKqfLxnKlxA3jLkEDmQ5NVS6Zq2DW7UpV7AXhPuvdEckSRi uEp B8SDo38Tyf nSNYjSrHPZ5FZiqtrCSvE0W pE0iVCT4jCTXW3cAbS4JLGTojEbCUpM4fnW9Bz4cobs5g?key=tpgzJok vu31udjMZRFH4w
Source: X

Alpenglow boosts Solana protocol efficiency

A revolutionary upgrade, known as “Alpenglow,” has dramatically improved Solana’s protocol efficiency. In contrast to conventional Layer 2 solutions or sidechains, Alpenglow redefines transaction processing at its fundamental level, cutting transaction finality from 12 seconds down to an incredible 150 milliseconds. This game-changing pace brings Solana nearer to real-time internet infrastructure, ushering in an incredibly smoother user experience.

Formerly dependent on Proof of History for ordering transactions, Solana was plagued by latency issues affecting apps that require instant confirmation, like decentralized games or buying an NFT. The Alpenglow update substitutes that process with an even faster consensus mechanism baked into the chain, allowing transactions to settle quicker than Web2 heavy hitters like Visa or PayPal.

This update propels Solana’s potential for interactive decentralized apps, such as real-time auctions and high-frequency trading, while keeping its decentralization and security aspects intact. Solana stands alone as the one Layer 1 blockchain capable of supporting real-world, high-frequency use cases directly, without needing auxiliary scaling solutions.

Solana 2025 Price Range Forecast

In the future, technical predictions indicate Solana’s price will oscillate within a range. In 2025, forecasts suggest that the minimum price can go as low as $137.63 or as high as $152.74, with an average price of $167.85. This means an estimated negative return on investment (ROI) of about -7.6%.

For May 2025, Solana’s average price prediction is about $161.18, ranging from $154.82 to near $167.54, which shows a relatively positive ROI of about 1.4%. A cautious strategy is recommended to traders, balancing risk and rewards posed by tight consolidation areas, declining volumes, and moderate liquidity levels.

Active traders may be looking to consider buying entry points at $162 to $165, where targets as high as $180 can be taken, and even tighter stops below $159 to limit downward risk. In case of failure of that important $162 support, shorting could target $141, but tight stops will be necessary.

Related Reading | Binance Pushes to Dismiss FTX’s $1.76B Clawback Suit Over Legal Flaws

Filed Under: News, Altcoin News Tagged With: SOL price, SOL price forecast 2025, SOL Price News, SOL/USD, Solana ATH, Solana Bullish Breakout, Solana News, Solana price, Solana Price News, Solana Price Prediction, Solana SOL price

Kraken Expands Regulated Crypto Derivatives Across Europe

May 21, 2025 by Mwongera Taitumu

  • Kraken offers $1B-$2B daily volume futures contracts in Europe
  • MiFID II license enables Kraken to offer regulated derivatives
  • The exchange’s expansion strengthens position in growing European market

Kraken, a top cryptocurrency exchange, has expanded its derivatives trading services across Europe. The company now offers regulated futures contracts to retail and institutional customers in the European Economic Area (EEA). This development comes after the exchange acquired a Cypriot investment firm earlier this year, which allowed the exchange to secure a license under the European Union’s Markets in Financial Instruments Directive (MiFID II).

These derivatives products include both perpetual and fixed maturity futures contracts. These contracts attract a daily trading volume of $1 billion and $2 billion. Kraken aims to provide European customers access to improved liquidity, low costs and efficient fiat rails for collateral transfers.

Crypto Firms Flood Regulated Derivatives Market

The company’s move into Europe shows the growing demand for regulated crypto derivatives in the region. Europe’s digital asset trading market continues to grow rapidly as more sophisticated investors seek regulated services. Kraken is now available to clients in all 27 EU member states, Iceland, Liechtenstein and Norway.

The exchange’s move into regulated derivatives follows a series of similar actions by major crypto firms. U.S.-listed Coinbase acquired Deribit, a prominent trading platform. In Europe, other exchanges such as Bitstamp and Gemini, have also entered the regulated derivatives space. This trend shows the role of derivatives in crypto trading markets.

Kraken Secures MiFID II License

Earlier this year, Kraken acquired the Cypriot investment firm Greenfield Wealth which enabled it to secure a MiFID II license. The license allows the exchange to provide regulated derivatives products across the EU. The firm’s move into crypto derivatives also comes after its $1.5 billion acquisition of NinjaTrader, which further strengthened its derivatives trading infrastructure.

The company intends to become more visible and competitive in regulated markets. With derivatives, the company provides its clients with diverse investment opportunities. The exchange also plans to extend its services to neobanks and fintechs in Europe through its Embed crypto connectivity application.

Kraken seeks to meet the increased demand for derivatives across the world. Derivatives trading accounts for more than half of the exchange’s global trading volume. Overall, derivatives now account for nearly 75% of all crypto trading.

Since Kraken focuses on compliance, it has been able to handle the regulations in Europe. Thanks to its MiFID II license, the exchange adheres to the EU’s strict rules for financial standards. The exchange must meet all regulatory requirements to ensure users’ trust.

As Kraken expands it is able to meet the demands of both sophisticated crypto traders and institutions across the EEA.

Related Reading | Binance Pushes to Dismiss FTX’s $1.76B Clawback Suit Over Legal Flaws

Filed Under: News Tagged With: Bitstamp, Coinbase, Crypto, Deribit, Gemini, Kraken, NinjaTrader

New AI Bank: Sean Neville, Co-founder of Circle, Raises $18 Million

May 21, 2025 by Paul Adedoyin

  • The co-founder of Circle, has raised $18 million for Catena Labs, a new AI bank.
  • The AI bank aims to provide financial services for the fast-growing AI agent economy, with AI workers performing many tasks.
  • Catena Labs emphasizes the role of stablecoins like USDC in enabling efficient and low-cost transactions for AI agents.

Catena Labs CEO and Circle co-founder, Sean Neville, has started the development of a new financial firm that is powered by artificial intelligence (AI). Catena Labs, the firm behind the AI bank announced via an X thread that it generated $18 million from its latest funding round.

Top investors in this round were Andreessen Horowitz, Coinbase Ventures, Tom Brady (a top NFL player), Breyer Capital and Circle Ventures. Under the leadership of Neville, the company intends to achieve its vision of owning a licensed bank for the AI ecosystem.

According to the announcement, the financial institution will be operated by AI workers as it will be built for AI agents and human collaborators. While there will be human supervision, there will also be risk management and compliance tasks which will be performed by AI.

Catena Labs’ AI Bank as Solution for the AI Agent Economy

In its X thread, Catena Labs said that traditional financial systems are preventing the growth of the AI agent economy because they are unprepared for it. In a previous statement, Neville added that it’s only a matter of time before AI agents start performing most transactions.

His company explained that the current traditional financial system won’t be able to keep up with AI agents as they are gradually becoming powerful economic players. Catena also said the slow, expensive and inflexible system is the reason for its creation of the AI bank.

Neville believes that the AI bank will enable safe and efficient transactions among AI agents and the consumers and businesses they serve. In the announcement, the Catena team said it will use an Agent Commerce Kit (ACK) as an early building block.

This kit is a set of open-source components, patterns and emerging protocols to verify agent identity.

Stablecoins: The Fuel for AI Agent Transactions

In the thread, Catena Labs stated that AI agents become more powerful when combined with stablecoins even though they can also work with financial rails and traditional systems. The firm noted that USDC and similar regulated stablecoins allow AI agents to offer low-cost and almost instant transactions across the globe.

Hence, they can open up new business models and make more money for businesses and individuals.

Related Reading | Binance Pushes to Dismiss FTX’s $1.76B Clawback Suit Over Legal Flaws

Filed Under: News, Industry Tagged With: AI bank, AI economy, Artificial Intelligence, Catena Labs, Circle, financial technology, Fintech, Sean Neville, Stablecoins, USDC

Ethereum Price Targets Recovery To $3,000 But FPPE, TON, And PEPE Might Offer 1000x Multipliers Before June

May 21, 2025 by Vaigha Varghese

Since the Ethereum price fell from $3,000 in January to hit a low value at $1,500, it has been struggling to make it back up. But, as positive sentiments build from Bitcoin’s price correction, the Ethereum price has been able to recover 50%, and is now eyeing the $3,000 mark again.

Meanwhile, savvy analysts have been able to pinpoint other altcoins that can deliver a 1,000x price surge before June. Among the top choices are Toncoin (TON), Pepe (PEPE), and FloppyPepe (FPPE)— an AI meme coin with the most 1000x multiplier potential.

FloppyPepe (FPPE) Captures Smart Money Bigshots With Real Revenue And Explosive Potential

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Although FloppyPepe (FPPE) was born from the popular Matt Furie inspiration, it is nothing like the ones that came before it, including the PEPE coin. Taking things to the next level, this meme coin is fusing meme culture with real AI tech, bringing actual utility to a space usually fueled by pure speculation. 

With its proprietary FloppyAI assistant, users can access intelligent crypto insights, generate viral memes, and even interact through AI video bots. While it is currently shocking analysts with a near $2 million revenue in its first stage presale, FloppyPepe (FPPE) is also setting itself apart with the way it rewards holders. 

Some of these rewards include staking, liquidity mining, and a 1% passive income every time a transaction is made on the project. Moreover, its meme-generation tools, active devs, and strong audit credentials from SolidProof show its seriousness to capture the market and multiply portfolios 1,000x.

Ethereum (ETH) Gears Up For New Price Mark

The Ethereum price has surged by an impressive 33% in the past two weeks, pushing its price firmly above the critical $2,400 level. With a total gain of 50% over the past month, the Ethereum price is now showing strong momentum and could be on track to hit $3,000 in Q2.

Adding to the bullish sentiment, top analyst Crypto Rover recently shared a positive outlook on X, suggesting that the Ethereum price may even rally to $4,000. The post has fueled optimism across the Ethereum community, with many investors now eyeing $3,000 as the next key milestone.

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PEPE Shows Bullish Potential For The Rest Of The Year

PEPE has been showing signs of a breakout since Bitcoin and the Ethereum price recovery began. Some days ago, Bitcoinsensus shared how PEPE is set for a bullish trend after it retested the Ichimoku Cloud as support, as seen in the chart below.

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To the analyst, this meant a potential breakout toward $0.000022 for PEPE if the Ethereum price continues to rise. PEPE also shows huge potential as its month-long rise reaches a significant 76.5%

Toncoin’s (TON) Low Entry Presents Bullish Opportunity

Toncoin (TON) has declined 17% over the past week and 54.3% year-to-date, yet bullish sentiment around the token remains strong. Toncoin (TON) currently holds a bullish rating of over 79% on CoinMarketCap, reflecting growing confidence in its recovery potential. 

Trading below $3, analysts say Toncoin (TON) is poised for a significant rebound, with some expecting short-term gains of 6% by early December. Adding to the optimism, analyst Rose Premium Signals projected that Toncoin (TON) could hit $7.9 by the end of the year. As broader market sentiment improves, Toncoin (TON) could be gearing up for a strong comeback.

Why Investors Don’t Want To Miss Out On FloppyPepe (FPPE):

Toncoin (TON), PEPE, and the Ethereum price may offer some gains in the coming days, but only FloppyPepe (FPPE) is well-positioned to give investors 1000x multipliers on their portfolio before June. Here’s why:

  • FloppyPepe (FPPE) is still low-cap, but its tokenomics (3% to holders, 1% burn) are built for long-term value.
  • Its AI tools (FloppyAI, Meme-o-Matic, FloppyX) offer real-world crypto and meme utility.
  • Tier-1 listings and strategic partnerships with Binance Smart Chain and Solana network will bring major traction and adoption.

For investors looking to get 1,000x their investments, joining the FloppyPepe (FPPE) presale, which is selling for just $0.0000002, is a good place to start. Investors can also use the promo code “FLOPPY80” for an extra 80% bonus on all purchases. 

Join the FloppyPepe (FPPE) presale and community:

Website | Whitepaper | Telegram | X (Twitter)

Filed Under: News, Press Release

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