Latest Crypto News – May 29, 2025: Crypto Market Trends, Predictions, GameFi, DeFi & Web3
- Frank Taylor
- 4 days ago
- 3 min read
Market Snapshot
Bitcoin (BTC): $105,382 (-2.9%)
Ethereum (ETH): $2,609 (-4.5%)
Global Market Cap: $3.35 trillion
24h Volume: $104 billion
The crypto market experienced a significant downturn today, largely attributed to the expiration of $11.5 billion in options contracts, leading to widespread profit-taking and increased volatility .
GameFi & Play-to-Earn Highlights
Hamster Kombat: This Telegram-based play-to-earn game continues to engage users with its Daily Cipher challenges, offering rewards in $HMSTR tokens .
GALA Games: Despite a significant drop from its 2024 peak, GALA is showing signs of a potential trend reversal, indicating renewed interest in the GameFi sector .
DeFi & Web3 Updates
Solaxy (SOLX): Emerging as a notable project, Solaxy offers a Layer-2 solution on Solana, aiming to enhance scalability and cross-chain utility .
Unstaked: Gaining attention in the Web3 space, Unstaked is recognized for its potential in decentralized finance applications.
Ethereum Foundation Embraces DeFi: The Ethereum Foundation has borrowed $2 million in GHO, a decentralized stablecoin, indicating a deeper integration with DeFi protocols.
JuCoin Launches CeDeFi Solution: JuCoin introduces a CeDeFi platform, eliminating traditional wallet barriers and enhancing user accessibility in decentralized finance.
Shiba Inu has launched ShibDAO, transitioning to a fully decentralized governance model .
NFTs & Web3 Developments
OpenSea Announces SEA Token Airdrop: OpenSea has revealed plans for an upgraded platform and a forthcoming SEA token airdrop, aiming to enhance user engagement.
NFT Lending Market Declines: NFT lending volume has plummeted by 97% since January 2024, with real-world asset NFTs proposed as a potential solution to revitalize the sector.
Regulations & Policy
SEC Drops Lawsuit Against Binance: The U.S. Securities and Exchange Commission has agreed to end its lawsuit against Binance, marking a significant development in crypto regulation.
U.S. House Introduces Crypto Market Structure Bill: A bipartisan effort led to the introduction of a comprehensive bill aimed at establishing a clear regulatory framework for the crypto industry.
Pakistan Announces Bitcoin Strategic Reserve: In a historic policy reversal, Pakistan has unveiled plans for a national Bitcoin reserve, signaling a shift towards embracing cryptocurrency.
Global Adoption & Innovation
China Considers Bitcoin as Reserve Asset: A Chinese state-backed think tank highlights Bitcoin's potential as a reserve asset against the USD, reflecting growing institutional interest.
Sony's Online Bank Ventures into Crypto: Sony's online banking arm has launched a new crypto unit, signaling the company's entry into the digital asset space.
Top 10 Newly Launched Tokens (May 29, 2025)
Token Name | Category | Description |
Solaxy (SOLX) | Web3/DeFi | Solana Layer-2 token with staking rewards and cross-chain capabilities. |
Snorter Bot (SNORT) | DeFi/Tools | Telegram-based trading bot facilitating automated sniping strategies. |
BTC Bull Token (BTCBULL) | Meme Coin | Designed to capitalize on Bitcoin's market movements. |
MIND of Pepe (MIND) | Meme Coin | AI-integrated meme coin offering staking opportunities. |
Dawgz AI (DAGZ) | AI/Meme Coin | Combines artificial intelligence with meme culture in a unique token. |
AurealOne | Web3 Gaming | Upcoming project focusing on immersive Web3 gaming experiences. |
DLUME | Web3 Gaming | Aims to advance decentralized gaming platforms. |
Punisher Coin (PUN) | Meme Coin | Features a unique branding strategy targeting niche communities. |
DexBoss (DEBO) | DeFi | Offers decentralized exchange services with advanced trading features. |
Fantasy Pepe (FEPE) | Meme Coin | A creative take on the classic meme coin, integrating fantasy elements. |
Top Gainers
Zebec Network (ZBCN): +32.43%
Status (SNT): +29.89%
WalletConnect Token (WCT): +11.68%
DeXe (DEXE): +12.85%
Lido DAO (LDO): +1.77%
UNUS SED LEO (LEO): +1.35%
Top Losers
Fartcoin (FARTCOIN): −13.24%
PancakeSwap (CAKE): −13.12%
Pudgy Penguins (PENGU): −12.73%
Bonk (BONK): −12.12%
Arbitrum (ARB): −11.73%
Pyth Network (PYTH): −11.69%
Market Overview
Bitcoin (BTC): $105,595.00 USD
Ethereum (ETH): $2,612.99 USD
BNB (BNB): $670.27 USD
XRP (XRP): $2.19 USD
Cardano (ADA): $0.7025 USD
Dogecoin (DOGE): $0.2046 USD
Solana (SOL): $163.05 USD
Polkadot (DOT): $4.20 USD
Uniswap (UNI): $6.53 USD
Litecoin (LTC): $90.07 USD
Disclaimer: This information is for educational and informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
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