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Solana stumbles at $160: Will SOL crash to $120 or bounce back?
10.5.2024
Over the past few weeks, Solana has tested the $160 resistance mark several times. However, its latest climb to the benchmark has again ended in a retreat. Now, the market is wondering whether the setback will push SOL down to the $120 mark. Early SOL price predictions suggest that the coin...
Notcoin goes mainstream: Bitfinex to list NOT token
10.5.2024
Notcoin will offer a unique gaming experience that rewards users with tokens for their involvement. The game gained huge popularity due to its game mechanics, which enable users to earn tokens through an upfront clicker interface. This approach garnered the attention of a substantial player...
Shiba Inu burn rate skyrockets 200% despite price fluctuations
10.5.2024
The burn rate of Shiba Inu soared by 200% amid heavy price fluctuations in the last 24 hours. SHIB is now experiencing a green trade surge of 2.25%. However, it is interesting to note that the burn rate went as high as 200% despite multiple swings on the price chart. Investigations found that...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
SBI Digital Asset Holdings and Chiliz to launch Fan Tokens in Japan
10.5.2024
SBI Digital Asset Holdings Co., Ltd., the asset branch of SBI Holdings, has revealed a collaboration with Chiliz, a well-known blockchain provider in the sports and entertainment industries, to establish a joint venture in Japan. It is believed that this partnership will enhance the sports...
Revolut X, New Cryptocurrency Exchange Platform, to List Dash
10.5.2024
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate...
RNDR pumps 11% after Apple mentions Octane
10.5.2024
A brief, three-second mention of Render’s Octane software in an Apple promo video was spotted by traders amid RNDR already witnessing significant price appreciation this week
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
10.5.2024
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s abduction is owned by the businessman’s family....
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
10.5.2024
Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the platform’s large user base and potential for fostering cryptocurrency adoption and innovation in decentralized finance. This partnership is set to reinforce the principles...
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
10.5.2024
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
10.5.2024
Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform...
Ethereum Price Prediction Amidst Heavy Whale Purchases – Will ETH Break Past $3,000 Soon?
10.5.2024
The Ethereum (ETH) price is swinging either side of the $3,000 level as traders monitor a spike in whale purchases and ask whether the cryptocurrency could soon be set for a rebound.
The post Ethereum Price Prediction Amidst Heavy Whale Purchases – Will ETH Break Past $3,000 Soon? appeared first...
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...
NFT Trader Loses $145K To BAYC Phishing Scam
9.5.2024
In a phishing fraud run by BAYC, an NFT trader lost tokens valued at more than $100,000. On May 9, the on-chain security platform PeckShield made this announcement, as scams in the cryptocurrency and NFT field continue to cause alarm.
The post NFT Trader Loses $145K To BAYC Phishing Scam appeared...
Canadian regulator fines Binance $4.4M for AML and CFT violations
9.5.2024
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator
Best Crypto to Buy Now May 9 – Arweave, Render, Toncoin
9.5.2024
With cryptocurrency markets choppy on Thursday as Bitcoin (BTC) rebounds from session lows in the $61,000s back to the mid-$62,000s, traders are parsing through their options in the altcoin market as they hunt for the best crypto to buy now on May the 9th.
The post Best Crypto to Buy Now May 9...
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds
9.5.2024
A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital...
Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play
9.5.2024
Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might be preparing to rise, putting prices...
Tether payment solutions expands to Eastern Europe
9.5.2024
Tether, the biggest company in the digital asset market, will strengthen its presence across Eastern Europe with a supplementary investment into CityPay.io. This top-rated payment company has a presence in more than 2,000 locations across Georgia, and Tether is the first stablecoin investing...