🚨 Inside Web3: The Stories Everyone’s Talking About

News

A day after American rapper Cardi B promoted controversial cat themed memecoin $WAP on her official X account, several netizens including crypto sleuths called her out for sharing malicious links and wallet addresses on social media.

The XRP lawsuit has been going on for nearly four and a half years, and finally, some positive news is approaching this digital asset. The crypto market is filled with rumors and news around a potential Ripple vs SEC case settlement on June 13, three days before the 60-day SEC’s updated window period ends. Will it settle? Let’s discuss.

Markets

Pepe Coin (PEPE) has formed a bullish crossover on its daily chart, indicating that the price may rally higher. The crossover follows a nearly 7% surge in PEPE in the last two days from a low of $0.0000114, as the market sentiment turned positive after Bitcoin surged above $105,000. Will this frog-based meme coin follow suit and bounce?

Ethereum (ETH) price is gaining momentum as institutional investors appear to be rotating capital from Bitcoin (BTC) into ETH, signaling growing confidence in the token’s future prospects. The primary driver of this narrative is BlackRock’s growing ETH holdings, alongside a reduction in its BTC exposure. Galaxy Digital’s major OTC whale purchase also adds a tailwind for a bullish Ethereum price forecast. Coupled with technical patterns, this fundamental shift in investor mindshare from Bitcoin to Ethereum is massively bullish for ETH.