SUI smashes $4, TRON surges; XYZVerse rockets past $13M in presale with 1.5x gains in sight
Memecoin XYZVerse eyes a breakout with $13m raised, big exchange listings teased, and bold ambitions to rival top tokens like DOGE and SHIB. #partnercontent...
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Solana’s Sonic SVM chain introduces new burn mechanism to boost liquidity
Slana’s Sonic SVM has introduced a novel token burn mechanism, aimed a boosting liquidity and rewarding holders....
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CRO Dumps by 6% Daily Despite This Major Partnership: Details Here
TL;DR A new collaboration aims to give American investors additional options to gain exposure to CRO. Despite the disclosure, the token’s valuation is down 6% for the day, coinciding with the broader decline of the digital asset market. The Deal’s Specifics The popular cryptocurrency exchange Crypto.com shook hands with...
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Bitcoin Pulls Back, But Raoul Pal Says We’re Entering ‘Phase 2 Of The Banana Zone’
Bitcoin (CRYPTO: BTC) has the last leg of its bull run still ahead, according to new analysis by macro investor Raoul Pal. What Happened: In a May 18 podcast, Pal said crypto is now entering “Phase 2 of the Banana Zone,” the part of the cycle where liquidity rises...
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Dow recovers from morning lows, indices nearly flat despite U.S. debt downgrade
Stocks opened lower on Monday as Wall Street flipped negative after Moody’s downgraded the United States’ credit rating. The S&P 500 fell 0.8% at the open, while the Nasdaq Composite dropped 1%, as the downgrade combined with broader market concerns…...
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Ethereum price dips as a whale capitulates with a big loss
Ethereum price dropped on Monday as risk-off sentiment continued in the crypto and stock markets, and after a whale capitulated at a significant loss. Ethereum (ETH) fell to $2,400 on Monday, down from this month’s high of $2,732. The decline…...
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Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan
The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Friday. The hashrate refers to the total combined computational power used to mine and process transactions on...
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CoinDesk 20 Performance Update: Index Drops 4.7% Over Weekend as All Assets Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3068.55, down 4.7% (-151.33) since 4 p.m. ET on Friday. None of the twenty assets are trading higher. Leaders: BTC (-1.2%) and XRP...
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BounceBit Pilots Bitcoin Trading Strategy Using BlackRock’s BUIDL as Collateral
BounceBit, a crypto infrastructure provider using features from both centralized (CeFi) and decentralized finance (DeFi), has executed a bitcoin (BTC) derivatives trading strategy using BlackRock’s yield-generating tokenized money market fund, BUIDL, to enhance returns. The strategy, to be rolled out to institutions and retail users, consisted of two main...
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Strategy adds $765m in Bitcoin, holdings top 576,000 BTC amid treasury shift
Strategy, formerly known as MicroStrategy, has acquired another 7,390 BTC. The Bitcoin (BTC) was purchased with approximately $764.9 million between May 12 and May 18, pushing Strategy’s total holdings to 576,230 BTC, according to an SEC filing on Monday. The…...
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