Crypto news

TL;DR Solana (SOL) has demonstrated strong recent performance, with analysts like CryptoJack predicting new peaks before the end of 2024. The growth of Solana has been accompanied by the success of various meme coins on its network, such as WIF, whose market cap briefly surged to nearly $5 billion. SOL Bulls Predict Fresh Peaks Despite being in the red today (May 8), Solana (SOL) has been among the best-performing cryptocurrencies lately, registering a 20% increase on a...

Following a bounce from the lower boundary of the current price range at $6.4, Polkadot experienced a surge, reaching the upper threshold, coinciding with a significant resistance area. Consequently, a slight rejection is anticipated, with the price targeting the lower part of the range. Technical Analysis By Shayan The Daily Chart Upon close examination of the daily chart, Polkadot is observed to be moving sideways, oscillating between the notable support level of $6.4 and...

[unable to retrieve full-text content]CoinspeakerCrypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly Currently, Arbelos operates offshore through the British Virgin Islands. The company is also seeking a regulatory license from financial authorities in the region to enable it to operate without restrictions in compliance with local laws. Crypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly

[unable to retrieve full-text content]CoinspeakerTelos Secures $1M Investment from Presto Labs, Accelerating zkEVM Layer 2 Development This capital injection will be used to develop Telos' new zkEVM Layer 2 solution powered by SNARKtor technology. Telos Secures $1M Investment from Presto Labs, Accelerating zkEVM Layer 2 Development

[unable to retrieve full-text content]CoinspeakerRipple’s Planned Stablecoin Draws SEC Scrutiny for Unregistered Status The SEC says Ripple's intention to issue a stablecoin, an unregistered asset, is further proof that it will continue to break the law. Ripple’s Planned Stablecoin Draws SEC Scrutiny for Unregistered Status

[unable to retrieve full-text content]CoinspeakerBitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers. Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

During the ongoing cycle, BTC and ETH have witnessed a growing divergence in their respective performances. According to Glassnode’s findings, this can be attributed to a general trend of weaker capital rotation, particularly in comparison to previous cycles and all-time high breakthroughs. Ethereum Receives Weak Capital Flows Leading up to bitcoin’s peak established on March 14, Glassnode observed a surge in speculative activity. As per its latest on-chain weekly report,...

[unable to retrieve full-text content]CoinspeakerMastercard Joins Citi and JPMorgan to Test DLT Settlements  The trial will see companies such as BNY Mellon, Broadridge, the DTCC, ISDA, and Tassat Group serve as project contributors, providing their expertise for it. Mastercard Joins Citi and JPMorgan to Test DLT Settlements 

[unable to retrieve full-text content]CoinspeakerCathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock The latest offloading of Coinbase shares comes amid the part of Ark's portfolio rebalancing. Coinbase still remains the third-largest holding for the company. Cathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock

[unable to retrieve full-text content]CoinspeakerIndonesia Regulator Forms Committee to Ensure Crypto Industry Compliance Indonesia's regulatory agency Bappebti has formed a Crypto Asset Committee to oversee the country's crypto sector and ensure compliance. Indonesia Regulator Forms Committee to Ensure Crypto Industry Compliance