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 which sent it under the key…
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… Source link
Share this article Hong Kong, May 6, 2025 – A new bounty program has been launched on the online platform Web3Bounty.io, which aims at finding leads and information about the approximately $456 million of the TrueUSD (TUSD) stablecoin reserves being misappropriated. There is a $50 million bounty pool available for those who provide credible original…
Elon Musk changed his display name on X to “Gorklon Rust,” pumping GORKUSDT prices. Is the X founder behind Gork? Time to ape in on some of the best Solana meme coins? The GORK phenomenon has arrived. Simply tag the bot for “answers” that leave you stunned. In less than a week, the meme coin…
[PRESS RELEASE – Dubai, UAE, May 6th, 2025] MultiBank Group, the world’s largest financial derivatives institution, has signed a historic $3 billion tokenization agreement MAG Lifestyle Development, the leading real estate developer in the UAE, and Mavryk, a leading blockchain innovator, marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In January 2025, DeepSeek’s R1 surpassed ChatGPT as the most downloaded free app on the US Apple App Store. Unlike proprietary models like ChatGPT, DeepSeek is open-source, meaning anyone can access the…
Bitcoin took a stumble this week, dropping just under the $95,000 mark as two big forces hit the financial world at once. On one side, Donald Trump made waves with a fresh round of tariff threats. On the other hand, everyone’s holding their breath ahead of the Federal Reserve’s next move on interest rates. Together,…
According to recent Bernstein research, corporations could invest up to $330 billion in Bitcoin over the next five years. “We expect around $330 billion corporate treasury-led inflows to Bitcoin by 2029,” the analysts stated. This potential shift suggests Bitcoin is evolving from a speculative asset to a legitimate corporate treasury option. They added that, over the…
Florida has become the latest state to drop plans for a Strategic Bitcoin Reserve, shelving two key bills that would have allowed public funds to be invested in Bitcoin. According to the Florida Senate, both of Florida’s Bitcoin reserve bills, House Bill 487 and Senate Bill 550, were “indefinitely postponed and withdrawn from consideration” on…
Key Takeaways Bitcoin gained 13% in April despite a broader market selloff. Ethereum’s dominance in smart contract fees significantly decreased as users migrated to other networks. Share this article Bitcoin showed flashes of independence from equities in April, renewing hopes that it’s evolving into a true macro hedge. However, VanEck’s recent data tell a different…
