HAMILTON, Bermuda, June 19, 2025 /PRNewswire/ — GRVT, the world’s first licensed onchain exchange, is teaming up with rhino.fi, a leading intent based liquidity network for seamless cross-chain access experience across both EVM and non-EVM networks. Users can now deposit to and withdraw from GRVT directly using BSC, Arbitrum, Solana or TRON via rhino.fi, which can expand to over 30 chains supported by rhino.fi in the future.

Only one week after the integration’s soft launch, a transaction volume of 500K was achieved. This growth is expected to accelerate as user confidence increases.

As part of a wider DeFi TVL surge (over $2.4 billion in TVL added to derivatives protocols in the past year), GRVT crossed a major milestone, hitting $8 billion in total trading volume, according to DefiLlama.

Average spreads on GRVT have also been significantly tightened since its Mainnet launch, meaning better liquidity, lower slippage, and more value per trade for traders, as noted on GRVT’s X account.

Hong Yea, co-founder and CEO of GRVT, commented, “Our partnership with rhino.fi marks an important step toward seamless self-custodial trading onchain. By enabling users to bridge assets directly into GRVT from across chains, we’re tearing down the technical and accessibility barriers that have long held back true DeFi adoption. For the GRVT and rhino.fi communities, this means faster onboarding, broader access, and a frictionless trading experience without compromising the custody of user funds.”

rhino.fi co-founder and CEO Dan Yanev added: “GRVT exemplifies the promise of appchains, combining high performance with regulatory readiness. At rhino.fi, we’re proud to connect GRVT to the broader DeFi ecosystem through instant, zero-slippage transfers.”

Starting June 23, the two platforms will host a joint campaign to incentivize users bridged via rhino.fi, with a share of up to 12,000 USDT and 700,000 GRVT Points for grabs. Users can earn rewards simply by bridging into GRVT and trading during that window. Full details will be available on GRVT’s and rhino.fi’s social media channels.

Disclaimer: Perpetuals trading of cryptocurrencies is subject to high market risk and price volatility and you may be called upon at short notice to commit further margin deposits or risk being liquidated. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

About GRVT

GRVT (pronounced “gravity”) is the world’s first licensed onchain exchange, where traditional banking meets decentralized innovation on one regulated, compliant, and trustless financial market place.

A blockchain-based platform that is democratizing how wealth is created and shared, GRVT allows everyday people to trade, invest, and grow their wealth by providing direct access to top industry traders and investors.

GRVT official website: https://grvt.io/
Social and Community: X | LinkedIn | Telegram | Discord

About rhino.fi
rhino.fi is a cross-chain bridge and liquidity network focused on high-speed and low-cost transfers of stablecoins between 35 different blockchains. rhino.fi has served 2.3m customers, processed more than $4bn in transaction volume and has been invested in by Bitfinex/Tether and LightSpeed Venture Partners.

rhino.fi official website: https://rhino.fi/
Social and Community: X | LinkedIn | Telegram

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IP crypto price continues to fall after early hype wears off, with weak adoption, macro pressure, and profit-taking weighing on Story Protocol’s token.

Why Is the IP Crypto Price Falling Today?

After a promising launch and an explosive price rally, the IP crypto price tied to the Story Protocol is facing a sharp and sustained decline. On June 19, the token fell another 8.74%, deepening a month-long drawdown of more than 35%.

From its all-time high of $7.33 just weeks after launch, IP has now lost about 65% of its value, trading under $2.60. What began as a breakout altcoin success story is quickly turning into a cautionary tale of early hype fading amid weak fundamentals.

Broader Market Conditions Are Weighing on Altcoins

The entire crypto market has experienced turbulence over the past month, largely due to macroeconomic uncertainty and geopolitical tensions, particularly the ongoing Iran-Israel conflict. While Bitcoin (BTC) and Ethereum (ETH) have held relatively steady—down 1.2% and up 0.49% respectively during the same period—smaller altcoins like IP have taken a bigger hit.

According to CoinMarketCap, altcoin dominance (excluding ETH) has plummeted in June, falling from 27.2% to just 2.6%. Meanwhile, Bitcoin’s market dominance has risen, signaling a clear flight to safety among crypto investors.

With risk appetite shrinking, speculative tokens are among the first to be sold off. The IP crypto price, once buoyed by launch euphoria, is now a victim of that shift.

The Launch Hype Has Worn Off

It’s not unusual for new tokens to see massive gains in the days following a debut, especially if backed by major investors. Story Protocol launched with strong support from notable names like a16z and Samsung Next, raising $140 million ahead of its token release.

Its core mission—to bring the $61 billion intellectual property market on-chain—struck a chord with the Web3 community. The protocol allows creators to register content, tokenize it, and set custom licensing rules, opening the door to decentralized monetization models.

But early excitement isn’t translating into sustained use.

Weak Fundamentals Undermine Price Support

Despite bold promises, on-chain data paints a worrying picture. According to DeFiLlama, the Story Protocol’s total value locked (TVL) has dropped to just $11.25 million. Daily chain fees and app revenue are negligible, signaling minimal user engagement and a sluggish ecosystem.

Without significant traction in its user base or applications, the IP crypto price is left exposed to volatility and investor exits.

Simply put, if people aren’t using the platform, the token has limited utility—and that’s reflected in its recent performance.

What Needs to Happen for IP to Recover?

For the IP crypto price to stabilize or regain upward momentum, Story Protocol must attract real adoption. This means onboarding more creators, developers, and consumers who actively engage with the platform’s tools for content registration and licensing.

It will also require better integration into existing content ecosystems, partnerships with media or publishing companies, and clearer value propositions for token holders.

Until those developments materialize, the token will likely remain under pressure, especially in a market that’s leaning risk-off.

Final Thoughts: Story Protocol’s Road Ahead

The fall in IP crypto price is a clear reminder that investor hype alone cannot sustain a token’s value. While Story Protocol’s mission is ambitious and well-funded, it faces the same fundamental challenge as most blockchain projects: real-world adoption.

If the team can deliver on its vision of bringing intellectual property on-chain—and build a thriving user base around it—there’s potential for a turnaround. But for now, the market is demanding more than just a flashy launch and big-name backing.

As investors shift their focus toward utility and execution, the Story behind IP will need more than good intentions to earn back market trust.

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The Trump crypto project is losing steam as the family quietly reduces its stake in World Liberty Financial, raising fresh doubts about its long-term vision.

Trump’s Crypto Move: A Quiet Exit Signals Uncertainty

World Liberty Financial, the flashy crypto venture tied to the Trump family, is raising eyebrows again—but not for the usual reasons. A new Forbes report published June 19 reveals that the Trump family has reduced its ownership stake from 60% to 40%, marking a sharp but stealthy shift in the controversial Trump crypto project.

The most striking part? The move happened without a press release, public filing, or even a whisper from company insiders. That’s unusual for a project that loudly promised a “financial revolution” and claimed to offer a government-friendly alternative to decentralized cryptocurrencies.

The entity overseeing this project, DT Marks DEFI LLC, is reportedly controlled by former President Donald Trump and his sons. The LLC had already sold part of its position earlier in 2025, but this latest move suggests the family is continuing to quietly distance itself from the project.

World Liberty Financial: Big Promises, Bigger Questions

Billed as a hybrid between a stablecoin and a digital dollar, World Liberty Financial launched earlier this year amid heavy marketing and strong retail demand. The company promised a regulated, centralized platform to make crypto safe for average Americans—a message that resonated with conservative-leaning investors frustrated with the perceived chaos of decentralized finance.

Despite these promises, the Trump crypto project has been dogged by concerns over transparency, regulatory scrutiny, and the lack of a clear roadmap.

Initial excitement around the token’s debut drove prices higher, but the lack of ongoing communication from leadership—especially from the Trump family—has started to erode investor confidence.

A Silent Exit Amid a Stablecoin Boom

The timing of the family’s stake reduction is curious. Stablecoins are enjoying renewed interest, with demand climbing in both U.S. and international markets. Several pro-crypto bills are advancing in Congress, and many believe the U.S. will eventually issue its own central bank digital currency (CBDC).

So why is the Trump crypto project stepping back now?

Some analysts suggest the family may be trying to lock in profits while avoiding future legal or political risks. Given Trump’s renewed campaign for the 2024 election cycle and increasing scrutiny from regulators, reducing exposure to a controversial crypto venture may be a strategic move.

Others point to the possibility that the project’s internal performance has fallen short of expectations, with fewer institutional partnerships and slower user adoption than originally forecasted.

Trump and Crypto: A Complicated History

This isn’t the first time Trump’s crypto ties have drawn attention. While in office, he famously called Bitcoin a scam and dismissed decentralized currencies. Yet in recent years, Trump has become more open to crypto, particularly if it’s centralized, regulated, and aligned with U.S. interests.

World Liberty Financial was pitched as a way to achieve just that—a uniquely “American” approach to crypto. The family’s deep involvement in the early stages added a layer of political weight and legitimacy, at least among supporters.

But with the recent reduction in ownership and growing silence from the project’s frontmen, the future of this Trump crypto project seems uncertain at best.

Final Thoughts: Should Investors Be Worried?

For retail investors still holding World Liberty tokens, the Trump family’s quiet exit may be a red flag. While a 40% stake still leaves them with significant influence, the direction of the project—and its long-term viability—are now in question.

The broader crypto market remains resilient, with major players like Coinbase (NASDAQ:COIN) and Tesla (NASDAQ:TSLA) continuing to engage with digital assets. However, speculative projects without clear backing or transparency—like this one—could face rough waters ahead.

If the Trump crypto project is indeed losing its founding champions, investors may need to reassess its future potential, especially as the political landscape heats up ahead of the 2024 election.

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VICTORIA, Seychelles, June 19, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange with over 41 million users, today announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin’s $2 Billion “Trust Project” designed to strengthen platform security and institutional trust.

Through this integration, institutional clients on KuCoin can now trade without pre-funding exchange wallets. Assets remain securely held in regulated custody under BitGo Singapore, a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS). This setup offers a mature and proven model of custody and execution separation, diversifying counterparty and systemic risks while enhancing operational security.

Institutional clients trading on KuCoin now benefit from a comprehensive suite of features designed to enhance security, compliance, and flexibility in the digital asset space. Clients benefit from qualified custody with insurance coverage up to $250 million, automated post-trade settlement, and full asset control with delegated trading access. KuCoin’s full suite of products—spot, margin, options, and perpetual futures—can now be accessed through Go Network, ensuring assets remain protected.

Tika Lum, Head of Institutional Business Development at KuCoin, commented:

“Security and trust are the foundation for institutional adoption. We are proud to integrate with BitGo Singapore’s Go Network. This partnership represents a critical component of our $2 Billion Trust Project and delivers a more resilient trading paradigm to institutional clients globally.“

Brett Reeves, Head of Go Network at BitGo, added:

“Partnering with KuCoin on Go Network through BitGo Singapore marks a major step forward in building a more efficient trading ecosystem. This is how digital asset trading should be—secure, compliant, and built on trust.“

As off-exchange settlement gains traction across the industry, KuCoin will continue to work with global leaders in compliance and custody to build a more secure and trustworthy digital asset trading environment.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at: www.kucoin.com

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry’s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world.BitGo Singapore is licensed as a Major Payment Institution by the Monetary Authority of Singapore (MAS). For more information, visit www.bitgo.com

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SOURCE KuCoin

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The crypto market roared back to life this week as a key development in stablecoin regulation triggered a bullish wave across digital asset stocks. Leading the charge was Coinbase Global Inc. (NASDAQ:COIN), whose stock spiked as much as 17% to $297.44 on Wednesday following the U.S. Senate’s passage of the GENIUS Act — a landmark bill focused on the oversight of stablecoins.

While the rally slightly cooled by the session’s close, Coinbase still locked in a 16% gain, pushing its year-to-date performance into the green with a 20% overall increase. The momentum didn’t stop there: Circle, the issuer of the USDC stablecoin and a recent IPO on the New York Stock Exchange, jumped 34% during the same session.

Why Stablecoin Regulation Matters

The GENIUS Act, passed Tuesday, aims to create a clear legal framework for stablecoin regulation, addressing long-standing concerns over transparency, consumer protection, and systemic risk. Stablecoins are designed to maintain a 1:1 peg with fiat currencies like the U.S. dollar, typically backed by cash or short-term U.S. Treasurys.

The clarity provided by the new legislation is expected to encourage broader adoption, reduce regulatory uncertainty, and allow more firms to issue compliant stablecoins.

For Coinbase, this bill is particularly significant. While crypto trading remains its largest revenue stream, stablecoins rank second. Coinbase co-founded the USDC stablecoin with Circle and receives 50% of Circle’s residual revenue generated from the assets backing USDC’s circulation. That exposure makes Coinbase a major stakeholder in the evolution of stablecoin infrastructure.

Circle’s IPO Signals Wall Street’s Growing Confidence

Circle’s recent IPO made headlines as one of 2025’s largest tech market debuts. On its first trading day, Circle stock soared by a massive 238%, reflecting strong investor confidence in the future of regulated digital dollars. Although the hype has since cooled, shares are still up 120% over the past month — including a fresh 20% spike tied directly to the Senate’s decision.

Now publicly listed, Circle joins Coinbase as a major Wall Street-facing player with high exposure to stablecoins, creating a new level of legitimacy for the sector.

Meanwhile, President Biden’s administration has shown cautious optimism toward stablecoins. His family has ties to World Liberty Financial, which launched a USD-backed stablecoin (USD1) earlier this year. This adds political tailwinds to the sector’s rising profile.

JPMorgan’s Entry Confirms Stablecoin Legitimacy

Even long-time skeptics of crypto are now entering the space. JPMorgan Chase & Co. (NYSE:JPM), whose CEO Jamie Dimon has previously called cryptocurrencies “worthless,” is now testing JPMD, a blockchain-based token designed to settle institutional transactions. While not a retail stablecoin, JPMD mirrors the functionality of stablecoins and marks a shift in institutional thinking.

With top banks like JPMorgan and key players like Coinbase and Circle deepening their involvement, stablecoin regulation may soon be a cornerstone of the broader financial system.

What’s Next for Investors?

Investors eyeing the crypto space should take note: stablecoin regulation is no longer speculative — it’s policy. That changes the risk-reward profile for major crypto-linked stocks like Coinbase and Circle.

As the GENIUS Act moves to implementation, more traditional financial players are likely to follow JPMorgan’s lead, either by launching their own digital tokens or partnering with existing stablecoin providers.

The long-awaited regulatory clarity, combined with booming IPO momentum and bipartisan support, suggests that stablecoins may serve as the gateway for broader crypto adoption — both on Wall Street and Main Street.

With Coinbase (NASDAQ:COIN), Circle, and JPMorgan (NYSE:JPM) all showing significant moves tied to stablecoin news, it’s clear that this niche is evolving into a foundational part of the digital economy. For investors, keeping an eye on the stablecoin space could offer a strong edge in understanding the next wave of crypto growth.

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