Solana’s price has jumped by over 4.80% in the last 24 hours to reach an intra-day high of around $173 on May 29. After its latest climb, the cryptocurrency is looking to post 35-40% returns by the end of the month, its best since December 2023. SOL/USD four-hour price chart. Source: TradingView The uptick in SOL’s value…
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Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career. Cristiano Ronaldo will continue his Web3 foray by launching a new nonfungible token (NFT) collection with Binance commemorating his path from humble beginnings to football stardom. The collection, dubbed “Forever Worldwide: The Road to Saudi…
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Crypto scammers are desperately trying to hit it off with Canadians on dating apps and websites this summer. However, many hopeless romantics are paying a hefty price in the process. The Canadian Anti-Fraud Centre (CAFC) noticed an increase in two particular types of crypto scams targeting Canadian citizens — pig butchering, or romance scams, and…
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Ronin network, an Ethereum sidechain that hosts Axie Infinity and other games, is experiencing a resurgence with about 1.4 million daily active users. That puts it in second place across all blockchains, just behind Tron’s 2.2 million daily active users, according to Token Terminal. But the Ronin network only generated the 13th highest fee revenue…
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Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities. The government of Argentina is working with El Salvador to learn from its experience of Bitcoin adoption and other cryptocurrency activities. Argentina’s securities regulator, the National Securities Commission (CNV), held a meeting with El Salvador’s National Commission of Digital Assets (CNAD)…
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Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration. In a second landmark decision this year, the United States Securities and Exchange Commission has given the regulatory green light to spot Ether exchange-traded funds (ETFs) in the country. The SEC approved…
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The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit. Approximately $2.7 billion in Bitcoin and Ether options are set to expire on May 24, providing valuable insights into the crypto market sentiment. According to a post by Greeks.live on X, 21,000 Bitcoin options are…
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Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty. The Ethereum spot exchange-traded fund (ETF) was approved by the U.S. Securities and Exchange Commission (SEC) on May 23. Despite this long-awaited decision, the price of Ether failed to hold above $3,800 on May 24, which was surprising given that ETH was…
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Former United States President Donald Trump claims he is “very open minded” to “all things related to this new and burgeoning industry.” The United States must not settle for anything but top place in the cryptocurrency industry, according to former U.S. president Donald Trump. “Our country must be the leader in the field, there is…
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A return to the $73,000 price range for BTC will likely be met with short-term holder resistance but could also mark a turning point for the asset. A potential return of Bitcoin $69,492 to $73,000 could mark the beginning of the asset’s acceleration to “escape velocity,” according to a crypto analyst. Escape velocity is a…
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