Gemini filed a confidential statement with the Securities & Exchange Commission (SEC) on Friday for an initial public offering (IPO) of its Class A common stock.

Ethereum (ETH) is trading just below $2,500 on Friday as investors exerted net selling pressure of 117,000 ETH across crypto exchanges following the Trump-Musk clash.

Metaplanet announced the issuance of a 555 million share offering, valued at $5.4 billion, to acquire more Bitcoin (BTC) while expanding its accumulation target from 21,000 BTC to 210,000 BTC by the end of 2027.

The cryptocurrency market is struggling to hold onto gains accrued in May as weak sentiment triggers frequent but brief flash sell-offs. However, isolated rallies can be spotted in the artificial intelligence (AI) sector, led by Virtuals Protocol (VITUAL) and Grass (GRASS) tokens.

Bitcoin (BTC) tumbled to a low of $101,095 on Friday amid volatility in the market. The effect of the tussle between United States (US) President Donald Trump and Tesla Chief Elon Musk negatively influenced the NASDAQ and Tesla's stock price on Thursday, although both are recovering on Friday.

Fartcoin (FARTCOIN), a Solana-based meme coin boasting a market capitalization of slightly over $1 billion, is extending its gains, trading at around $1.08 at the time of writing on Friday. 

The cryptocurrency market trades amid weak sentiment and declining interest from traders, as well as retail and institutional investors. Bitcoin's (BTC) outlook has remained downside-heavy since reaching an all-time high of $111,980 on May 22.

Meme coins market capitalization has dropped by over 5% to $56.34 billion in the last 24 hours, with top names such as Dogecoin (DOGE) and Shiba Inu (SHIB) declining further in a falling wedge pattern.

Circle Internet Group (CRCL) surged over 230% on Thursday following its public offering and debut on the New York Stock Exchange (NYSE).

Ripple’s (XRP) bulls are struggling to limit downside risks while the broader cryptocurrency market consolidates. The cross-border money transfer token is hovering at around $2.18 after extending losses by 4% from its recent lower high at $2.25.

Overhead pressure continues to weigh on the cryptocurrency market, particularly on highly volatile assets like meme coins. The Official Trump (TRUMP) token is struggling to stay above the $10.00 support level, reflecting a lethargic sentiment.

Sui (SUI) struggles to contain losses after a 26% retracement from recent highs of $4.29, reached on May 12. The layer-1 token hovers at around $3.20 at the time of writing on Thursday, up slightly on the day.

Minor losses characterize the cryptocurrency market as prices broadly consolidate following last week's sell-off.

Meme coins market capitalization is down by over 4% in the day to $59.79 billion at press time, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) on a downhill trek as the broader cryptocurrency market remains in a slump due to Bitcoin (BTC) slipping below $105,000.

Bitcoin (BTC) edges lower to near $104,600 at the time of writing on Thursday, while Ethereum (ETH) and Ripple’s (XRP) experience a decline in bullish momentum. BTC and XRP approach a crossroads at crucial support levels, while Ethereum is in consolidation, risking a bearish release of momentum. 

Fartcoin’s (FARTCOIN) price remains firmly supported at $1.00. The Solana-based meme coin is up over 1% on the day, trading at around $1.04, following a massive 43% drop from its previous high of $1.64, a level it reached on May 23.

Ripple’s (XRP) price has stalled after testing resistance at $2.27. The token hovers at around $2.24 at the time of writing on Wednesday, amid lethargic sentiment in the broader cryptocurrency market. 

Aave’s (AAVE) price has extended the recovery from support at $240, trading at around $268 at the time of writing on Wednesday.

The cryptocurrency market is displaying a lukewarm recovery across the board, with Bitcoin's (BTC) price hovering at around $105,455 at the time of writing on Wednesday.

Uniswap (UNI) edges higher by over 2% at press time on Wednesday after Spark Finance goes live on Unichain, deploying sUSDC stable yield for users. UNI bounces off a crucial support level, while increasing whale activity adds to the bullish potential.

Bitcoin (BTC) price faces rejection from a key level and trades below $106,000 at the time of writing on Wednesday. BTC’s on-chain data suggests weakness and indicates a potential correction, as profit-taking activity reached record levels on Tuesday.

Dogwifhat (WIF), SPX6900 (SPX), and Apecoin (APX) are the select meme coins in the green on Wednesday with a bullish trend so far this week. The technical outlook of WIF, SPX, and APE suggests a potential breakout rally to shape a bullish week. 

Solana (SOL) is up 5% on Tuesday after Nasdaq-listed Classover Holdings announced that it will raise up to $500 million to fund its Solana treasury strategy.

The cryptocurrency market has eased into a broader recovery on Tuesday, led by Bitcoin’s (BTC) uptick from last week’s lows of $103,020.

XRP could see adoption from institutions and follow in the footsteps of Bitcoin as a reserve asset with announcements like VivoPower International’s $121 million plan to buy the altcoin.

Ripple’s (XRP) gains momentum as the crypto market broadly consolidates, trading at $2.22 at the time of writing on Tuesday. The slight uptick in the XRP price comes amid growing concerns over tariff tensions and uncertainty in the United States (US).

Cardano's (ADA) price has reversed upwards after testing support at $0.65, trading at $0.69 at the time of writing on Tuesday.

The cryptocurrency market is consolidating losses after starting the week amid high volatility. Bitcoin (BTC) attempted to steady the uptrend above $106,000 but lost steam, resulting in a reversal to $105,204 at the time of writing on Tuesday. 

Bitcoin (BTC) is facing rejection around a key resistance level and trades below $106,000 at the time of writing on Tuesday. The technical outlook supports a correction as risk-off sentiment persists due to the rising tensions between Israel and Gaza.

Ethena (ENA) inches higher by over 5% at press time on Tuesday after the announcement of Coinbase adding Ethena to the asset roadmap for future listing.