News

According to the latest Crypto Fundraising data, the last week of May wrapped up with a staggering \$161.1 million in crypto funding activity. Yes, you read that right—\$161.1 million! Twenty One, a shiny new Bitcoin treasury company, raised a jaw-dropping \$100 million. Meanwhile, Conduit Pay, which sounds like a plumbing service for your finances, secured \$36 million to expand its crypto-native banking services. And let’s not forget Donut, a newcomer with a name that makes you crave pastries, which managed to snag \$7 million in a pre-seed round to build an AI-powered crypto browser. Because who doesn’t want a robot to help them navigate the wild world of cryptocurrency?

Now, the crypto community is buzzing like a caffeinated squirrel, speculating that these ETFs could pop up as soon as June 2025. James Seyffart, a Bloomberg ETF analyst, took to X (formerly known as Twitter, because rebranding is all the rage) to say, “Don’t know launch date but could be within the next few weeks.” Thanks, James! That’s as clear as mud! 🐾

Yet, despite the dramatic pullback, big money bags like Strategy (once MicroStrategy) and GameStop keep tossing Bitcoin into their coffers—because nothing says “confidence” like gambling on digital magic beans. 🍀

In a press release that could rival the most sensational of novels, the DOJ has unveiled charges against a merry band of miscreants who have allegedly pilfered a staggering $66 million from the Supplemental Nutrition Assistance Program (SNAP). One must wonder if they were planning to open a gourmet restaurant with such ill-gotten gains!

In this grand theater, an expert crypto trader, a veritable oracle of the digital age, has prophesied that our beloved Dogecoin (DOGE) shall ascend to the lofty heights of $0.34 by the fateful month of June in the year 2025. A bold claim, indeed! One can almost hear the echoes of laughter from the skeptics, as they clutch their pearls and mutter about the folly of hope. Yet, this bullish outlook is not without its foundation, for it aligns with the sacred on-chain data from the esteemed Santiment. Social volumes, those fickle harbingers of market sentiment, have surged by a staggering 12% within a mere 24 hours, despite the overarching gloom that blankets the broader crypto market. 🧐