Coinbase teams up with Toronto FC for crypto push despite KYC data breach
Coinbase is expanding its Canadian sports presence through new partnerships with Toronto FC and the Argonauts, despite ongoing scrutiny over a recent customer data breach. U.S.-based cryptocurrency exchange Coinbase is making a major play for Canadian fans through new multi-year…...
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Dogecoin Slips Over 2% On Wednesday Morning, But Analyst Says Memecoin Preparing For Rebound
Dogecoin (CRYPTO: DOGE) was trading lower early on Wednesday, but a rebound could be in the works. What happened: The world’s most popular meme coin fell over 2% in the last 24 hours, while its trading volume rose 11.45% to $1.3 billion. Whale activity surged, evidenced by a 41%...
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Monero (XMR) Dumps by Double Digits, Bitcoin (BTC) Calms at $109K (Market Watch)
Bitcoin’s price ascent was stopped ahead of $111,000 yesterday, and the asset has retreated and calmed at around $109,000. There’s an evident lack of volatility from most altcoins as well, aside from SUI, which has surged by 6%, and XMR, which has dumped hard. BTC Calms at $109K Bitcoin...
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Cetus to Fully Compensate Users After $223M Hack, Backed by Sui Foundation
Decentralized exchange Cetus Protocol, built on the Sui network, has vowed to fully compensate users impacted by a $223 million exploit that struck its Concentrated Liquidity Market Maker (CLMM) pools on May 22. The commitment hinges on an upcoming community vote to recover $162 million in frozen assets and...
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Bitcoin Surges Ahead as Strategy Stock Lags
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Since the start of this month, a growing divergence has emerged between bitcoin BTC and bitcoin-HODLer Strategy (MSTR). While bitcoin has climbed approximately 13%, nearing the $110,000 mark, MSTR shares have slipped 3%, trading around $372. This...
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XRP Spot ETF in the U.S. Moves Closer to Reality
The U.S. Securities and Exchange Commission (SEC) has formally initiated a review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would provide investors with exposure to XRP XRP. Filed by the Cboe BZX Exchange, the application marks the first formal SEC review of a U.S.-based...
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Bitcoin Spot ETFs Pull in $5.77B in May, Their Best Performance Since November
The 11 U.S.-listed spot bitcoin exchange-traded funds (ETF) have registered a net inflow of $5.77 billion this month, the highest since November, according to data source SoSoValue. Most of these bets have been bold directional plays, with interest in cash-and-carry arbitrage plays picking up recently. Such has been the...
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Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move
Circle Internet, the issuer of the USDC stablecoin, announced plans for an initial public offering (IPO) that could value the company at up to $6.71 billion on a fully diluted basis. The New York-based company aims to raise as much as $624 million by offering 24 million shares, with...
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Bitcoin Is Going To EXPLODE To $150,000 In FIVE Weeks The U.S. Fed Is About To Print TRILLIONS
Doubters and nay-sayers have all but gone silent in the last few days. Bitcoin looks like its ready to move even higher in price, with many analysts now stating that the next few WEEKS could see us push towards a 200k Bitcoin. ———————————————————————- PROTECT YOUR CRYPTO WEALTH With A...
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Sui validators vote on $162M Cetus recovery plan to restore user funds
Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3. Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus...
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