Key Takeaways YoungHoon Kim, holder of the world’s highest verified IQ score (276), declared that the XRP Supercycle has only just commenced Three concurrent indicators have emerged: TD Sequential “9” buy formation, Morning Star Doji reversal pattern, and dramatic spike in daily active addresses XRP Ledger daily active addresses surged from approximately 23,000 to nearly 39,500 within a two-week period Kim’s earlier forecast projects XRP reaching $5–$10 during this market cycle; achieving $10 would represent a 646%+ increase from current levels Single-day XRP ETF inflows reached $11.88 million in May, contributing to cumulative 2026 net inflows of approximately $1.42 billion XRP currently trades around $1.05 following a convergence of technical indicators and a prominent market prediction that has refocused attention on the digital asset. A trio of signals has materialized simultaneously, capturing interest from traders monitoring both price charts and blockchain metrics.
XRP Price YoungHoon Kim, who holds the verified world record for highest IQ score at 276, announced on X that the XRP Supercycle is merely in its initial phase. The statement rapidly circulated throughout cryptocurrency forums and rekindled debate surrounding XRP’s potential long-term valuation.
Kim had earlier established a price projection between $5 and $10 for XRP during this market cycle. From present levels around $1.05, ascending to $5 would necessitate approximately a 376% appreciation. Climbing to $10 would translate to roughly an 852% surge.
Not all market participants embrace Kim’s perspective. Multiple X users challenged his viewpoint, highlighting that his earlier XRP forecasts failed to materialize. Additional critics questioned both his authority and the foundation supporting his $10 projection.
XRP remains approximately 67% below its July 2025 all-time peak of $3.66. That substantial distance renders the higher boundary of Kim’s target an ambitious objective from current trading levels.
Convergence of Three Technical Indicators Market analyst Ali Charts identified that the Tom DeMark Sequential indicator generated a “9” buy formation on XRP’s daily timeframe. This signal typically emerges near downtrend exhaustion points and may precede brief price rebounds spanning one to four trading sessions.
XRP: TWO BULLISH SIGNALS
XRP is flashing two bullish reversal signals on the daily chart, pointing to a potential shift in momentum.
1. The Tom DeMark Sequential indicator has printed a buy signal via a "9" candlestick. This pattern historically anticipates a one-to-four daily… pic.twitter.com/q0qBDVCGXT
— Ali Charts (@alicharts) June 27, 2026
A Morning Star Doji reversal formation also materialized over three consecutive sessions within the $1.02 to $1.07 support range. This candlestick configuration suggests a possible near-term price floor.
The third indicator originates from blockchain data. Daily active addresses on the XRP Ledger climbed from approximately 23,000 on June 14 to nearly 39,500 recently, indicating genuine network engagement beyond purely speculative trading.
Market analyst ChartNerdTA observed that XRP’s cyclical peaks have traditionally occurred at three to five-year intervals. Should a cycle trough establish during 2026, the subsequent potential peak might materialize between 2028 and 2030.
Investment Product Flows and Market Metrics XRP’s total market capitalization continues exceeding $65 billion, per CoinGecko data. Institutional appetite has remained consistent, with XRP-linked ETF products attracting $11.88 million during a single trading session on May 29.
Aggregate net inflows into XRP investment vehicles achieved approximately $1.42 billion throughout 2026, representing the most robust ETF capital influx period the token has experienced to date.
For near-term upward momentum confirmation, market analysts indicate XRP requires persistent buying pressure and a decisive breach above the $1.30 resistance threshold.
IQ.wiki, the biggest crypto and blockchain encyclopedia, has announced its latest collaboration. As per the firm, it is onboarding its IQ GPT Chatbot to the community of Ankr Network. Ankr is a Web3 infrastructure providing platform. The company sees this onboarding as a remarkable step for its further progress.
IQ.wiki Onboards Its IQ GPT Project on Ankr Network It stated that Ankr Network operates as a decentralized platform comprising nodes. It focuses on the provision of cost-effective and flexible links to blockchains. It additionally increases the accessibility of the worldwide cloud infrastructure to facilitate Web3 developers. Ankr runs a Web3 development center with instruments for developing decentralized applications and linking to more than forty-five blockchains.
Prominent customers such as Messari, Binance, Polygon, Optimism, Tencent Cloud, and Microsoft utilize the worldwide node infrastructure of Ankr. It enables them to use the platform’s worldwide node infrastructure to rapidly link to Web3 networks. The company added that Ankr processes a significant 2T blockchain requests per annum. This plays a crucial role in pushing a huge Web3 traffic portion.
The Development Provides Cost Efficiency to Stakers and Developers This pushes the progress toward an additionally user-centric, open, and decentralized internet experience. According to IQ.wiki, Ankr works as a worldwide distributed firm that advances the decentralized internet with the use of DLT. This technology’s use permits it to explore the potential of computing power along with data-resource aggregation. Stakers and developers deploy the resources via cost-efficient data centers.
These facilities assist dApp development as well as deployment along with a balance staking. Apart from this, Ankr has launched a blockchain Neura that artificial intelligence (AI) has created. It gives access to several decentralized GPU-providing parties. This lets builders release and scale artificial intelligence with on-demand, affordable, and flexible compute.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
IQ GPT has commenced a new collaboration with LTO Network to facilitate the community. As per IQ GPT, the integration targets to enhance the utility of the LTO Network’s blockchain for its Community. The platform took to its official social media account on X to disclose the details of this integration.
LTO Network integrates IQ GPT! 🔥@TheLTONetwork is a privacy-aware leased proof of stake (LPoS) Layer-1 blockchain for #RWAs, Data Security, & Identity Solutions.
🔷LTO offers tokenization of RWAs (real-world assets) through their Ownables technology, enabling assets to be… pic.twitter.com/WeaUI9t3lz
— IQ AI (@IQAICOM) September 10, 2024 In its exclusive X post, IQ GPT mentioned that LTO Network operates as an L1 blockchain that has recently gained significant attention. It reportedly prefers privacy-focused leased PoS mechanisms along with specializing in solutions concerning real-world assets. Moreover, it also deals with identity verification and data security. The latest integration with IQ GPT permits LTO Network to provide more intelligent and effective solutions.
As a result of this, it assists consumers who are dealing with the complexities related to DeFi and blockchain technologies. A chief of the features at LTO Network takes into account “Ownables.” It is a technology that enables the tokenization of real-world assets. With this innovation, the users can seamlessly bring real-world assets on-chain. Hence, this provides a bridge to the expanding world of Web3 and DeFi.
Tokenization paves the way for unique opportunities for the lending, borrowing, and trading of the RWAs in decentralized marketplaces. This makes assets like intellectual property, commodities, and property considerably accessible and liquid in the digital sector. With IQ GPT’s incorporation into the ecosystem of the LTO Network, an additional functionality layer facilitates the consumers.
Due to this, the users get accurate and quick answers to the queries. IQ GPT’s chatbot delivers an interactive experience to help community members who pursue guidance. This includes understanding complicated terms or getting details about the LTO’s features. The AI tool’s integration guarantees that consumers can obtain information instantly.
The Integration Denotes the Rising Trend of Combining Blockchain and AI Technologies for More Accessibility With it, they would not need to examine lengthy documentation or depend on human support. The integration highlights an increasing trend of benefiting from artificial intelligence across blockchain ecosystems. According to IQ GPT, the combination of blockchain technology and AI lets LTO Network enhance its user-friendliness and accessibility, especially for the latest participants as they may be unaware of the platform’s intricacies.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
PANews reported on May 13th that KRWQ, a stablecoin denominated in Korean won, has announced its expansion to the Solana network to support on-chain Korean won liquidity. Created in partnership with IQ and Frax, the team stated that this deployment will make KRWQ a core settlement asset for Korean won liquidity on Solana. KRWQ will support various Korean won-denominated trading applications on Solana, including perpetual futures, on-chain forex markets, arbitrage strategies, cross-margin trading between Korean won and US dollar stablecoins, and institutional and algorithmic trading systems. The team stated that Solana's low-latency execution and deep liquidity were the reasons for choosing this network.
In March of this year, KRWQ was listed on EDX Markets' spot and perpetual contract markets, including the launch of Korean won perpetual futures on EDXM International. The stablecoin, first launched last October, was the first Korean won stablecoin on Base Layer 2.
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
5 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
5 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
5 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
5 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
5 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
Seven days. That’s the latest countdown attached to another loud crypto prediction, this time from YoungHoon Kim, the South Korean influencer who claims to hold the world’s highest IQ score at 276. According to his latest posts, June 2 is supposedly when Bitcoin will “start the fire” and XRP will “shock the world.”
That kind of language spreads fast on crypto X. So does skepticism. Kim posted on May 26 that “crypto will be insane starting in June,” placing most of the spotlight on Bitcoin and XRP. He also promoted a claimed +487% trading return for the year, which naturally grabbed attention from retail traders already hunting for the next breakout narrative.
World’s Highest IQ Claim Faces ScrutinyThe influencer says his IQ score is recognized by Official World Record and the World Memory Championships. Yet the situation gets murkier the deeper you look.
The United Sigma Intelligence Association, an organization founded by Kim himself, reportedly stated it did not conduct psychometric evaluations or officially certify the 276 score. That leaves plenty of room for doubt, especially in a market already flooded with exaggerated credentials and overnight “gurus.” And honestly, traders have seen this movie before.
Bitcoin Prediction Record Raises More QuestionsKim’s previous market calls haven’t exactly aged well. One of the latest misses came in January 2026 when he projected a $100K Bitcoin move. Instead, BTC topped near $97K before reversing bearish.
Close doesn’t count much in leveraged markets where timing is everything. That’s why the new June deadline matters less than the pattern behind it. The urgency feels more like engagement farming than genuine market analysis. Big predictions with short clocks tend to spread fast, even when accuracy doesn’t.
XRP Rally Hype Meets Harsh Risk RealityThe flashy +487% return figure also deserves context. Publicly available data ties that performance to a MyFXBook-verified forex account, not a crypto portfolio.
The same account reportedly showed a maximum drawdown above 70% alongside a Sharpe ratio near 0.21. In simpler terms, the gains appear tied to aggressive leverage rather than consistent risk management.
Meanwhile, Bitcoin and XRP crypto remain heavily influenced by macro liquidity, regulation, and institutional flows not social media countdowns.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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May 28th, 2026
SpaceX Fever Accelerates Space ETFs, Weakness In Crypto ETF Flows | ETF IQ 5/28/2026
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Strategas ETF Strategist Todd Sohn, TMX VettaFi Head of Sector & Industry Research Roxanna Islam, AdvisorShares CIO & Portfolio Manager Dan Ahrens, and PIMCO Head of Leveraged Finance David Forgash.
World’s highest-IQ holder, YoungHoon Kim, says XRP, the 5th-largest cryptocurrency in the world, will explode this cycle. Perhaps this time, he has given his price target, stating that XRP could surge to between $5 and $10.
Meanwhile, the prediction comes as the XRP price continues to struggle near $1.34 despite ongoing ETF inflows.
Why Is YoungHoon Kim Bullish on XRP?In a recent post, YoungHoon Kim told his followers that
“My Analysis Is Final: XRP Will Reach Between $5 And $10 This Cycle.”
Just a day earlier, he said that XRP was “about to explode” this cycle, and now he came up with a price target.
If XRP reaches the lower end of that target range, the token would need to climb nearly 2.7 times from its current price near $1.34. Reaching $10 would require a gain of approximately 6.5 times from current levels.
The prediction quickly spread across the crypto community as traders searched for potential catalysts that could revive XRP’s momentum.
Traders Questioning the Prediction Backing?Not everyone is convinced. Following Kim’s post, several users on X criticized the forecast, stating that his previous XRP predictions failed multiple times.
Other traders questioned both the $10 price target and Kim’s credibility, expressing doubts about his claim of being the world’s highest-IQ record holder.
Some traders also highlighted XRP’s recent performance. The token is still down about 67% from its July 2025 all-time high of $3.66, making a move to $10 a major challenge.
From its current price near $1.34, XRP would need to surge more than 646% to reach that level.
What Happens Next for XRP?While Kim’s prediction remains speculative, several developments have strengthened XRP’s investment case in recent months.
XRP is heading into June with its strongest ETF inflow month of 2026. On May 29 alone, XRP investment products recorded $11.88 million in inflows, bringing total net inflows to approximately $1.42 billion.
For now, XRP continues trading near $1.34. Whether it can move toward Kim’s ambitious $5-$10 target will likely depend less on social media predictions and more on ETF demand, regulatory clarity, and broader crypto market conditions in the months ahead.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
4 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has erased all the gains realized at the beginning of the month. Interestingly, the current Cardano price structure suggests the altcoin may be at risk of further downside in the coming months if it closes below a significant support level in May.
ADA Price Could Fall 78% If This Support Is Broken In a May 30th post on the X platform, crypto analyst Ali Martinez revealed that the Cardano price has been hovering around a make-or-break level over the past couple of weeks. Looking at the highlighted monthly chart, the altcoin is at risk of closing the month of May below a major historical support level.
As shown in the chart below, the Cardano price has been trending within a multi-year channel formation since 2021. After reaching the upper boundary of the channel at $1.195 in early 2025, the cryptocurrency’s price has been in a steady decline, losing a significant support level around $0.544 last November.
Source: @alicharts on X Now, as Martinez identified, the next definitive floor in sight for the Cardano price is around $0.247, which has acted as major support in the past. In fact, this support level kick-started the last rally that saw the price of ADA reach $1.195.
However, the Cardano price has drifted beneath this support level over the past few days, falling to as low as $0.232. With the end of May rapidly approaching, it would be interesting to see whether the ADA candlestick eventually closes below the $0.247 floor over the next day.
Martinez wrote in the X post:
As the monthly close approaches, maintaining a position below $0.247 alters the immediate market structure, suggesting a deeper valuation phase is underway.
According to the crypto analyst, if the Cardano price sustains its close beneath this historical support level, the next “high-conviction macro targets for long-term accumulation” lie around $0.113 and $0.051. Essentially, investors could see the price drop by nearly 78% (from the current price point) if ADA remains below $0.247.
However, it is worth noting that the altcoin could bounce back to around $0.544 if this major channel support holds and demand returns to the crypto market.
Cardano Price At A Glance As of this writing, the price of ADA stands at around $0.237, reflecting an over 2% jump in the past 24 hours.
The price of ADA on the daily timeframe | Source: ADAUSDT chart on TradingView Featured image from Solodev, chart from TradingView
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
4 minutes ago
OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
Microsoft just gave its AI agents a memory upgrade. At its Build 2026 conference on June 2 in San Francisco, the company introduced Microsoft IQ, a new intelligence layer designed to give enterprise AI agents deep access to company data, business processes, and live web information.
The platform bundles four distinct context engines, a new agent hosting service, and fresh AI models under one roof. It is now generally available for GitHub Copilot, Microsoft Foundry, and Copilot Studio.
Four flavors of intelligence Microsoft IQ is not a single product so much as a stack of interconnected data layers, each feeding AI agents a different type of context.
Work IQ pulls signals from Microsoft 365, the productivity suite that already lives inside most large organizations. Calendar patterns, document activity, communication flows: all of it becomes grist for agent reasoning. The Work IQ APIs are expected to launch on June 16, 2026.
Fabric IQ connects agents to structured business data through OneLake, Microsoft’s unified data lake. Instead of an AI agent guessing about quarterly revenue trends, it can query the actual numbers sitting in your analytics infrastructure.
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Foundry IQ handles knowledge retrieval across enterprise sources, pulling relevant information from documents, knowledge bases, and internal repositories.
Web IQ is a model-agnostic web passage retrieval API that delivers grounding data from the open internet at roughly 2.5 times faster than Microsoft’s previous technology. Model-agnostic means it is not tied to any single AI model, so developers can plug it into whatever reasoning engine they prefer.
Microsoft is calling the problem it aims to solve the “context gap,” and IQ is its attempt to close it with a unified set of signals that let agents reason, coordinate, and act without requiring bespoke integrations for every data source.
Hosted agents and new AI models Alongside IQ, Microsoft introduced the Foundry Agent Service, which lets developers deploy hosted, long-running stateful agents. Most AI interactions today are stateless: you send a prompt, you get a response, and the system forgets the conversation ever happened. Stateful agents, by contrast, maintain context across sessions and can execute multi-step tasks over extended periods.
The Foundry Agent Service also includes advanced tracing and optimization features. Tracing is the ability to audit what an agent did and why, a requirement for enterprises that need to explain AI decisions to regulators, compliance teams, or executives.
On the model side, Microsoft previewed its MAI AI models, including a new reasoning model called MAI-Thinking-1.
The agent-first enterprise Build 2026’s overarching theme was what Microsoft is calling an “agent-first” approach to AI deployment. Security and governance received heavy emphasis throughout the announcements, with Microsoft building governance into the platform layer rather than adding it later.
What this means for investors The Web IQ component is particularly notable. A fast, model-agnostic retrieval API that any AI model can use to ground its responses in real-time web data could become foundational infrastructure for the agent economy.
None of these announcements included any crypto or token components. Microsoft is making a deliberate bet that enterprise AI adoption will be driven by traditional software infrastructure, not decentralized protocols.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
This is a general Binance Exchange Notice. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Margin and Loan will delist and cease trading on all margin trading pairs for the following token(s) at 2026-06-12 03:00 (UTC): XNO (Nano)IQ (IQ)QUICK (QuickSwap)DGB (DigiByte) Please note: The delisting schedule may or may not apply to the products listed below, depending on their association with the token(s) being delisted.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Loan At 2026-06-12 03:00 (UTC) Flexible Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). VIP Loan will close all outstanding loan positions for the aforementioned token(s) as collateral token(s). Users are strongly advised to repay their outstanding loans before the automatic closure to avoid any potential losses, where applicable. Margin Cross Margin & Isolated Margin Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2026-06-12 10:00 (UTC) (the “Margin Scheduled Delisting Time”). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.At 2026-06-09 06:00 (UTC), Binance Margin will suspend borrowings on the aforementioned cross margin token(s) and isolated margin pair(s). At the Margin Scheduled Delisting Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At the Margin Scheduled Delisting Time, if users hold both collateral and liabilities of the aforementioned token(s) on cross margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin Accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading. Binance will not be responsible for any potential losses. Portfolio Margin If the aforementioned token(s) remain in the Portfolio Margin Account after the Margin Scheduled Delisting Time, they will be automatically liquidated. The delisted margin assets will be sold for USDT, and the proceeds will be added to the user's Portfolio Margin balance. Binance is not liable for any losses incurred. Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before Margin Scheduled Delisting Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Please Note: For futures perpetual contracts, please refer to the relevant futures announcements.Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-06-08
PANews reported on June 8th that Binance will remove XNO, IQ, QUICK, and DGB from its lending and staking lending services starting at 11:00 AM on June 12th. Outstanding orders using these tokens as collateral will be automatically liquidated and liquidated. From 6:00 PM on the same day, cross-margin and isolated-margin leveraged trading pairs will be delisted. During this period, users will be unable to update their positions or transfer the relevant tokens, and the leveraged assets in their unified accounts will be forcibly liquidated and converted to USDT. Binance advises users to proactively close their positions, transfer back to spot, and replenish their margin before the scheduled delisting time to mitigate the risk of passive liquidation.
@Krwqcash, the Korean Won-pegged stablecoin developed by @IQ_wiki and @FraxFinance, has officially integrated @Chainlink Proof of Reserve (PoR) to provide automated, real-time verification of its off-chain fiat reserves. The move positions $KRWQ as the first Korean Won stablecoin to adopt this standard at scale, raising the bar for transparency in South Korea's emerging digital currency corridor.
What the Integration Does Chainlink Proof of Reserve connects off-chain reserve data to on-chain systems by fetching information from custodians, verifying it through a decentralized oracle network, and automatically updating smart contracts whenever reserve balances change. For $KRWQ, the integration uses Chainlink Data Streams to deliver continuous 1:1 confirmation that every token in circulation is matched by an equivalent Korean Won held in reserve. Manual attestations and delayed audits no longer meet institutional standards for transparency or timeliness, and Chainlink Proof of Reserve addresses this by providing automated, on-chain verification of a stablecoin's underlying collateral in near real time.
Reserve checks are integrated directly into the token's mint logic, ensuring only collateralized assets enter circulation, while verified reserve data is published on-chain so users and partners can confirm the asset is fully backed in real time. The system also allows protocols to trigger circuit breakers, cap redemptions, or pause minting when reserve thresholds are not met.
Background on KRWQ IQ and Frax announced the launch of $KRWQ as the first fiat-backed stablecoin pegged 1:1 to the South Korean Won, launching on Base, Coinbase's Ethereum Layer 2 network, with IQ describing the move as filling a gap where no won-denominated stablecoin had previously launched at scale. $KRWQ is built on Frax's stablecoin infrastructure, which includes backing from BlackRock's BUIDL fund and Superstate's USTB fund.
The stablecoin provides 24/7 on-chain KRW settlement for remittances, B2B trade, and institutional use, reducing dependence on USD stablecoins and improving cross-border efficiency. $KRWQ operates using LayerZero's Omnichain Fungible Token standard and Stargate bridge, enabling transfers across multiple blockchains with zero slippage.
IQ has stated that KRWQ is designed to be the first fully regulatory-compliant stablecoin in Korea, developed in anticipation of forthcoming stablecoin legislation currently under review in the Korean National Assembly. The Chainlink PoR integration strengthens that compliance positioning by replacing periodic manual audits with continuous, verifiable on-chain proof, setting a new reliability standard for the South Korean digital finance corridor and its broader DeFi distribution.
Sources:
CoinSpeaker: IQ and Frax Launch KRWQ, First Korean Won Stablecoin on Base Network
Chainlink Blog: 5 Ways Chainlink Supercharges Growth for Stablecoin Issuers
The Block: KRWQ Launches as First Korean Won Stablecoin on Base
KRWQ partners with Chainlink to launch automated reserve verification for its Korean Won stablecoin.
PANews reported on June 16 that the South Korean won stablecoin KRWQ announced the integration of Chainlink's Proof of Reserve and Data Stream for automated verification of its offline reserves, improving transparency and compliance preparedness. KRWQ is currently the largest South Korean won stablecoin, issued in partnership with IQ and Frax, pegged 1:1 to the South Korean won, and supports use on chains such as Solana.
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TLDR: KRWQ became the first Korean won stablecoin to adopt automated reserve verification via Chainlink PoR. Chainlink Data Streams now provide real-time visibility into KRWQ’s off-chain reserve backing. The integration targets stronger compliance standards for institutional DeFi participation. KRWQ says transparent reserve monitoring can support wider on-chain liquidity growth. KRWQ has integrated Chainlink Proof of Reserve, becoming the first Korean won-backed stablecoin to use automated reserve verification through Chainlink infrastructure.
The move adds real-time transparency to the reserves supporting the stablecoin and marks another step toward broader participation in decentralized finance. Moreover, the integration aims to support compliance and risk management requirements as the on-chain Korean won market expands.
KRWQ, developed by IQ and Frax, announced the adoption of Chainlink Proof of Reserve to verify the reserves backing its Korean won stablecoin. The project described the integration as a way to provide automated checks on off-chain assets.
According to the announcement, KRWQ now uses a dedicated Chainlink Data Stream to deliver reserve information. The system allows users and applications to monitor whether circulating tokens remain backed by corresponding fiat reserves.
Chainlink stated on social media that KRWQ is the first fully backed Korean won stablecoin to implement its reserve verification technology. The company said the integration improves transparency while supporting regulatory readiness.
The reserve verification process focuses on maintaining visibility into off-chain holdings. Stablecoin issuers increasingly use such tools as regulators and institutions place greater attention on proof of backing.
KRWQ also highlighted its position within the on-chain Korean won foreign exchange market. The project said stronger reserve transparency could support wider use across decentralized finance applications.
Chainlink Infrastructure Targets DeFi Expansion and Compliance The integration arrives as stablecoin projects face increasing scrutiny over reserve management. Transparent verification systems have become a key requirement for many institutional participants entering digital asset markets.
According to information released by KRWQ, reliable reserve monitoring plays a central role in liquidity growth across decentralized finance. The project noted that risk management infrastructure remains important for attracting broader market participation.
Chainlink’s network provides external data services for blockchain applications. Its Proof of Reserve product allows projects to publish reserve information through automated oracle infrastructure rather than relying solely on periodic disclosures.
Chainlink Chief Business Officer Johann Eid said reserve transparency remains critical for stablecoin adoption across on-chain finance. He noted that verifiable backing helps demonstrate the connection between digital assets and real-world reserves.
KRWQ Chief Operating Officer Dave Shin stated that the integration provides developers and users with tamper-resistant reserve verification. He added that transparent backing standards support wider use cases across decentralized finance ecosystems.
The announcement identifies KRWQ as the largest Korean won stablecoin on the Solana network. With automated reserve verification now active, the project is positioning its infrastructure for deeper integration across decentralized finance platforms and institutional-focused digital asset services.
IQ WIKI, the renowned blockchain and cryptocurrency encyclopedia, has announced the integration of IQ GPT Chatbot into MVL Chain. This integration will herald a new era of AI assistance in the crypto and blockchain domain. MVL Chain, a pioneer in leveraging blockchain to revolutionize the vehicle industry, is set to harness the power of IQ GPT Chatbot to enhance connectivity and efficiency within the vehicle ecosystem.
IQ WIKI Reshaping Vehicle Connectivity and Data Management with MVL Chain MVL Chain’s core mission is to leverage blockchain technology to benefit service providers, drivers, insurance agents, and other stakeholders in the vehicle industry. With a focus on DePIN (Decentralized Public Infrastructure Network) and Real-World Assetization (RWA), MVL Chain is poised to reshape the landscape of vehicle connectivity and data management.
The RWA initiative by MVL Chain involves the integration of vehicle life cycle data and financial data into Non-Fungible Tokens (NFTs) on the blockchain. By combining vehicle DePIN and financial data as NFTs, MVL Chain aims to create a robust ecosystem that facilitates seamless transactions. Moreover, it will streamline data management within the vehicle industry.
Furthermore, MVL Chain’s DePIN infrastructure boasts over 2,500 swappable batteries and 16 E-stations in Cambodia’s largest cities. This enables smooth integration with electric vehicles and energy systems. This energy infrastructure plays a pivotal role in supporting sustainable mobility solutions and promoting the adoption of electric vehicles.
IQ GPT Chatbot Integration to Enhance Connectivity and Innovation In the MVL Ecosystem, vehicle activities are recorded on a decentralized blockchain throughout their lifetime. In this way, MVL provides owners and participants with reliable and transparent data. The ecosystem operates across three layers: Core, Service & Component, and Application. It fosters collaboration and connectivity among all participants in the market with these 3 layers.
By integrating IQ GPT Chatbot, MVL Chain aims to leverage cutting-edge AI technology to enhance user experience, streamline operations, and drive innovation within the vehicle industry. With IQ GPT Chatbot’s advanced capabilities, MVL Chain is well-positioned to lead the way in transforming vehicle connectivity and data management in the blockchain era.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
June 3, 2026 – Microsoft’s 2026 Build Conference kicked off in San Francisco, centered on its new “Deployable and Governable AI Agent Platform” initiative. The tech giant introduced its proprietary MAI model lineup, covering core capabilities including reasoning, programming, image recognition, speech, and transcription—with its flagship reasoning model, MAI-Thinking-1, leading the charge. Microsoft Foundry received a major overhaul, adding key features such as Agent runtime, toolbox, memory, Enterprise Knowledge Retrieval Foundry IQ, Voice Live, and assessment/governance tools. The update strengthens the end-to-end Agent development pipeline, streamlining progress from prototype testing to full production deployment. On the Windows front, Microsoft positioned local AI as a top developer platform priority. It rolled out developer-friendly Windows configurations, an intelligent Shell/Terminal, Agent sandbox, and WSL (Windows Subsystem for Linux) capability upgrades, while highlighting Foundry on Windows—enabling small models, Agent inference, and local coding models to run natively on PCs. For hardware, Microsoft unveiled the Surface RTX Spark Dev Box for AI developers, built around the NVIDIA RTX Spark superchip. It offers up to 1 petaflop of AI computing power and 128GB of unified memory, supporting local model operation, large-scale model fine-tuning, and end-to-end Agent workflows. Additionally, Microsoft launched the next-gen Majorana 2 quantum chip, stating its quantum bit reliability has surged 1,000 times over the previous generation, with an average 20-second lifespan. The company has advanced its timeline for delivering a scalable quantum computer to 2029. Microsoft Discovery also hit general availability, letting research and engineering teams leverage AI Agents to accelerate their development workflows. As of the latest report, Microsoft’s after-hours stock price dropped 0.65%, following a 4.17% close-down on Tuesday.
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