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AI Boost

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Markets

Asia Morning Briefing: Vitalik's Plan Can Bring ETH to $3K and Crypto 'More Popular' Than Stocks in South Korea

Left-leaning Lee Jae-myung won't change the nation's crypto policies, Hashed CEO Simon Kim said in an interview with CoinDesk

South Korea's flag (Daniel Bernard/Unsplash)

Markets

BitFuFu Hits Record 34.1 EH/s Hashrate as Bitcoin Production Surges in May

The mining firm sold 178 BTC near May’s price peak to cover expenses and boost liquidity.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

Markets

Cardano Stages V-Shaped Recovery as Price Swings 4%

Buying pressure emerged at critical support levels as ADA demonstrated resilience despite broader market uncertainty.

ADA experienced a significant 24-hour trading range of 3.99%, forming a V-shaped recovery pattern from $0.676 to reclaim the $0.697 level.

Finance

Rails Raises $14M From Backers Including Kraken to Launch Crypto Exchange

Backed by Kraken, Slow Ventures, and CMCC Global, the trading platform offers on-chain custody combined with high speed execution.

(Unsplash)

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Markets

Korea's K Wave Media Soars 155% on $500M Bitcoin Treasury Plan

Aspiring to become the “Korean Metaplanet,” K Wave Media is selling $500 million in common stock to fund initial BTC purchases.

South Korea's flag (Daniel Bernard/Unsplash)

Markets

ETH's Recovery Builds Strength Above $2,620 With Traders Eyeing $2,700

Despite macro uncertainty, ether bounced off key support with high volume, helping reinforce bullish structure above $2,620.

Ethereum (ETH) 24-hour price chart showing recovery from $2,584 to above $2,620 on June 4, 2025

Markets

Semler Scientific Acquires Additional 185 Bitcoin, Bringing Holdings to Nearly $500M

The latest purchase was for $20 million and the company has now tapped its April 15 common stock issuance program for $136.2 million to fund bitcoin buys.

A bull in a field (PublicDomainPictures/Pixabay)

Markets

Shiba Inu Breaks High-Volume Support, PepeCoin Fails to Top 200-Day Average

SHIB's price volatility included a peak at 0.00001336 and a decline to 0.00001297, with significant trading volume.

SHIB price chart. (CoinDesk)

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Markets

Solana Holds Above $157 as Bulls Regain Control After Sharp 6% Reversal

SOL dropped 6% from its recent $163 peak but bounced off $154 support as bulls regain footing and institutional demand continues to build.

Solana (SOL) 24-hour price chart showing sharp decline from $163.34 to $157.34 on June 4, 2025

Markets

Uniswap’s UNI Jumps Toward $7 as Whale-Fueled Rally Reshapes Market Sentiment

Uniswap’s UNI breaks key resistance on explosive volume as whales enter long positions, signaling renewed bullish momentum in Ethereum-based tokens.

Uniswap (UNI) 24-hour price chart showing 6.5% gain with sharp early rally and consolidation near $6.78 as of June 4, 2025