Ethereum (ETH) Sees Best Day Since 2021 in 20% Surge
Ethereum prices have skyrocketed almost 20% over the past 24 hours to reclaim $2,200 in a two-month high. ETH tapped $2,234 during Friday morning trading in Asia as it climbed from below $1,900 on Thursday. The asset has now gained 26% over the past fortnight and more than 50%...
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Meta may be eyeing stablecoin payments for Instagram creators
Meta could be looking to re-enter the cryptocurrency space by integrating stablecoin payments across its platforms. On May 8, five sources familiar with the development told Fortune that the tech giant is in early talks with crypto infrastructure firms to…...
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Sui integrates Axelar Network for cross-chain interoperability amid short-term price rally
Sui has integrated Axelar Network to enable liquidity access and cross-chain interoperability across top chains. For builders and institutions looking for scalable, secure multichain deployments, the announcement, which was shared by both teams on May 8, marks a major turning…...
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Ethereum rallies 20% as ETH reaches its most undervalued level relative to BTC since 2019
Ethereum has surged 20% in the past 24 hours, trading at $2,209 as of press time, in one of its sharpest short-term moves this year. The rally was backed by a sharp rise in trading activity, especially in the derivatives…...
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Bitcoin Realized Cap Hits ATH Again – Sustained Inflows Signal Bullish Momentum
Bitcoin Surges Toward $100K as Capital Inflows Drive Breakout Momentum Bitcoin has finally broken above the critical $98,000 resistance level and is now on the verge of making history as it tagged $99,890—just shy of the long-awaited $100K mark. Bulls are firmly in control, with momentum accelerating and price...
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Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence For Securities and Commodities Fraud
Alex Mashinsky, the founder and former CEO of the now-collapsed cryptocurrency lender Celsius Network, was sentenced to a 12-year prison term for securities and commodities fraud on Thursday. What Happened: The sentencing was delivered by U.S. District Judge John Koeltl in Manhattan, according to a Reuters report. Federal prosecutors charged Mashinsky with...
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Zerebro co-founder Jeffy Yu, who played dead, got caught in his parents’ driveway
The incident highlights the potential for manipulation and trust issues within the crypto community, impacting investor confidence. The post Zerebro co-founder Jeffy Yu, who played dead, got caught in his parents’ driveway appeared first on Crypto Briefing....
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XRP Breaks Through Important Resistance, Here’s What’s Next for Ripple’s Price
TL;DR After a prolonged time spent in a relatively tight trading range, XRP soared above a key resistance, which can take it higher to $2.6, according to a popular crypto analyst. The latest price surge came amid the market-wide surge, but also after the US SEC filed to settle...
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Coinbase CEO Brian Armstrong Believes Traditional Banks Launching Own Stablecoins ‘Not Necessarily The Best’ Path— Pitches USDC As Option
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry. What Happened: During the first quarter earnings call, Armstrong was asked about the growing interest of traditional banks in the cryptocurrency...
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SEC files to settle Ripple lawsuit amid internal opposition. Will XRP vs. SEC case resurface?
The U.S. Securities and Exchange Commission has filed a motion seeking court approval for a settlement with Ripple Labs, even as one SEC commissioner opposes the move over investor protection concerns. According to the May 8 court SEC filing, both…...
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