Month: May 2025

Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to...

Addentax Group Corp. (NASDAQ:ATXG), a China-based diversified business group, stock skyrocketed on Thursday after it announced plans to acquire up to $800 million in crypto via a share-based deal. The stock gave up its gains later. The company announced plans to acquire up to 8,000 Bitcoins and other major...

The judge’s decision maintains regulatory pressure on Ripple, potentially impacting its operations and setting a precedent for future cases. The post Judge rejects SEC and Ripple’s proposed settlement deal, upholds $125M penalty appeared first on Crypto Briefing....

Eric Trump, executive vice president of the Trump Organization on Thursday described Bitcoin (CRYPTO: BTC) accumulation as a “race to the top,” highlighting a surge in interest from major institutions and wealthy individuals, signaling a shift in attitudes toward digital assets. What Happened: “It really is kind of a...

According to a recent report on messaging apps, 2 billion users are engaging with these apps every month. Telegram has 900 million monthly users, making it the fourth most used messaging app, but Telegram has the most downloads with 48.4 million per month. Beyond competing with Twitter (X) as...

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Solana has shown a potential deviation at the key $180 resistance level, with price briefly closing above before quickly falling back below. This signals a likely rotation toward major support near $125 if the level fails to be reclaimed. Solana…...

FTX plans to commence a $5 billion second distribution to eligible creditors on May 30, 2025. FTX Trading Ltd. and the FTX Recovery Trust announced the upcoming distribution via a press release on May 15. The $5 billion set for…...

The latest draft of the U.S. Senate’s stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it still falls short. The bill to set oversight and standards for stablecoin issuers sailed through the Senate Banking Committee...

The SEC has been investigating crypto exchange Coinbase (COIN) over whether it misstated its user numbers in past securities filings and marketing materials. The probe began under the former presidential administration while the SEC was still under the control of then-Chair Gary Gensler, according to the NYT, which first...