SUI Price Predictions for This Week
SUI momentum appears to stall at this time after skyrocketing by double digits last week. Key Support levels: $3.2, $3 Key Resistance levels: $3.4, $4.1 1. Buyers Face Key Resistance After an impressive rally, SUI made a local top of around $3.9. Since then, the price entered a correction...
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BNB Coin Could Hit $2,775 by Year-End 2028, Standard Chartered Says
BNB (BNB), the native token of Binance’s layer 1 smart contract platform BNB Chain, will likely offer steady returns and could reach $2,775 by the end of 2028, investment bank Standard Chartered (STAN) said in a research report Tuesday. “BNB has traded almost exactly in line with an unweighted...
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21Shares Launches ETP Linked to Crypto.com’s Cronos
Crypto asset manager 21Shares has launched a new exchange-traded product (ETP) offering investors regulated exposure to the native token of Cronos, a Layer 1 network developed by Crypto.com, for Web3 applications. The 21Shares Cronos ETP, which trades under the ticker CRON, is listed on Euronext Paris and Euronext Amsterdam....
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CoinDesk 20 Performance Update: Index Drops 2.2% as All Assets Trade Lower
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 2654.32, down 2.2% (-60.12) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: BCH (-0.3%) and BTC...
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Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst
Singapore-based developer of bitcoin mining ASIC chips and rigs Canaan (CAN) has had a rough run, but could be a five-bagger, suggests Benchmark analyst Mark Palmer. Palmer on Tuesday initiated coverage of the ADRs with a buy rating and a $3 price target. The shares closed yesterday at $0.62,...
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Visa invests in stablecoin platform BVNK as it doubles down on digital asset strategy
Visa’s investment in BVNK signals a pivotal shift towards mainstream adoption of stablecoins, potentially transforming global payment systems. The post Visa invests in stablecoin platform BVNK as it doubles down on digital asset strategy appeared first on Crypto Briefing....
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Shiba Inu (SHIB) Surpasses Bitcoin (BTC) and Ethereum (ETH) in This Key Metric: Details
TL;DR Shiba Inu boasts a strong holder base, with a big chunk of its 1.5 million+ investors holding the asset for over a year. Despite a 9% weekly dip, SHIB may be primed for a rebound, fueled by a spike in token burns, the advancement of Shibarium, and rising...
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Florida Presses Pause On Bitcoin Reserve Bill: Here’s What Happened
Florida has stepped back from a proposal to allow state-managed public funds to invest in Bitcoin (CRYPTO: BTC), after House Bill 487 (HB 487) was withdrawn from legislative consideration alongside its companion Senate Bill 550. What Happened: The withdrawal was formally recorded on May 3, a day after the...
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Binance Founder CZ Predicts Bitcoin Could Hit $1 Million This Cycle
In an exclusive, two-hour conversation recorded in Abu Dhabi during Token 2049, Changpeng “CZ” Zhao laid out the most unabashedly bullish outlook on Bitcoin that he has voiced since leaving the helm of Binance. Speaking to Farokh Sarmad for Faroq Radio, the exchange founder—fresh from a four-month federal sentence...
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UK rules out Bitcoin reserves: not ‘appropriate for our market’
The UK government has ruled out creating national cryptocurrency reserves at the moment. Economic Secretary to the Treasury Emma Reynolds expressed negative sentiment towards a Bitcoin (BTC) reserve at the FT Digital Asset Summit in London. Responding to questions…...
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