CryptoNews.

DigiAsia Corp. plans to allocate up to 50% of net profits to Bitcoin, aiming to build a robust reserve. The company also seeks $100 million for this initiative through various capital market options. This strategic move led to a significant increase in stock value.

Stocks opened lower on Monday after Moody’s downgraded the U.S. credit rating, dampening investor sentiment. Stock indices initially dropped but later recovered slightly, while Treasury yields spiked to 5%. The downgrade highlights concerns over the U.S. debt amid broader market worries.

Ethereum price dropped due to a whale's significant loss, with market fundamentals indicating potential rebound. ETH holdings moved out of exchanges and BlackRock's BUIDL assets surged, hinting at future growth. Price analysis suggests the potential for a rebound to $3,527 if support at $2,000 holds.

The Trump family's crypto ventures, including WLFI, face scrutiny for associating with controversial figures. Past mismanagement of a hacked crypto exchange by WLFI partners has led to lawsuits and demands for investigations. Despite the controversy, WLFI continues to support these individuals.

Bitcoin experienced a weekend pump-and-dump, now testing crucial support. Despite this, the market structure is bullish, potentially setting the stage for new all-time highs if support levels hold, signaling a potential breakout.

Most people on crypto X are familiar with the “Never sell your Bitcoin” maxim. However, on May 13, one of the prominent Bitcoin influencers, trader and investor Willy Woo, admitted he is selling his holdings to invest in Bitcoin infrastructure instead. The post sparked debates and was booed by

Bitcoin and crypto prices dropped on Monday amid a broader market sell-off fueled by Moody's US credit rating downgrade, highlighting concerns over the country's deteriorating fiscal outlook and rising national debt. Despite the negative impact, some analysts believe Bitcoin could emerge as a safe-haven asset.

Dubai's Virtual Assets Regulatory Authority introduces Version 2.0 of its Rulebooks for VASPs, emphasizing regulatory compliance in crypto market activities by June 19. Updates include stricter controls on margin trading, token distribution, and unified compliance standards for licensed services. A 30-day transition period is given for VASPs to align with the revised rules, reinforced by direct support from VARA's Supervision Teams. This initiative enhances market integrity and investor protection alongside previous enforcement actions and upcoming disclosure requirements for crypto whale identities.

Ripple's expansion in the UAE includes partnerships with Zand Bank and Mamo to enhance cross-border payments using blockchain technology, indicating a growing interest in blockchain-powered solutions in the region. The move aligns with Ripple's larger strategic initiatives and focus on efficient and transparent international transfers.

Pyth Network faces pressure with a major token unlock approaching. PYTH price dropped, trading volume surged, and market activity increased. The unlock of 2.13 billion PYTH tokens worth $313 million may lead to sell-side pressure and affect price movement. Traders are cautious due to potential volatility from the unlock, with indicators signaling a possible bearish trend. A move towards lower support is anticipated unless the market absorbs the unlock smoothly, potentially leading to a post-unlock recovery.

MOODENG is showing strong potential for an 85% rally, supported by technical indicators, whale accumulation, and increased trading volume. The current price surge is backed by a golden cross formation and breakout from a falling wedge pattern, indicating further upward momentum towards $0.000093.

XRP's price remains stable ahead of potential catalysts from CME Group's regulated futures trading launch. Traders are preparing for increased market activity and potential institutional involvement. Technical indicators suggest a neutral trend, while $2.30 and $2.60 are key support and resistance levels to watch.