Key Takeaways: BitGo now competes directly with EU’s top crypto custodians. Europe hosts twice as many crypto banks as North America. US crypto banking stalls despite political support. Germany’s top financial watchdog, BaFin (the Federal Financial Supervisory Authority), approved a Markets in Crypto-Assets (MiCA) license for BitGo on May 12, unlocking crypto services across all…
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Ethereum Price Prediction: Did Pectra Boost Confidence in ETH As An Investment?
The crypto landscape is witnessing a strategic shift as the new Pectra upgrade on Ethereum helps the network’s native $ETH outpace Bitcoin ($BTC), igniting fresh buzz about a utility-focused altcoin revival. Social media analyst Crypto Rover spotlighted ETH’s surge in a tweet today, noting its stronger momentum on BTC. As of Monday, ETH had climbed…
Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push
$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for…
Next to Hit $5? These 3 Coins Are Pushing For New Price Highs
As Bitcoin records a 1.2% price dip in the last 24 hours, some smaller alternative coins are netting all the smart money today. Altcoins are some of the best speculations in crypto. That’s because the best ones all build a unique platform or offer solutions to problems specific to blockchain. That said, here are three…
Cosmos Co-Founder Ethan Buchman’s Cycles Launches Clearing App, Raises Pre-Seed Round
Privacy-preserving clearing protocol Cycles has announced the first clearing application built on it, Cycles Prime, as well as a pre-seed round. Cycles is a privacy-preserving clearing protocol developed by Informal Systems, a system software company offering security audits, protocol design, and formal methods for blockchain applications and infrastructure. Its CEO is Ethan Buchman, a co-founder…
XRP Price Prediction: South Korean Investors Bet Big on Ripple, Can XRP Reach $5 in May?
South Korean investors seem to be piling on XRP recently amid the token’s strong rally. This is considered by seasoned traders as a bellwether of what could be the beginning of a fresh bullish cycle for altcoins. XRP’s strong rally during the weekend has pushed its yearly gains to 18.7%, making the native asset of…
Pi Price Prediction: Can Pi Coin Hit $2 This Week, Price Skyrockets 148% In 7 Days?
Pi (PI) has gone up by 148% in the past week and currently sits at $1.53 as the token rallied during the weekend to its highest level since March 13. Trading volumes in the past 24 hours have exploded by 159% and currently stand at $1.65 billion, accounting for 15% of the token’s circulating supply….
Bitcoin Price Prediction: US and China Agree on Temporary Tariff Reduction, Can BTC Push to $120K?
Bitcoin is trading at $103,386 with a 24-hour trading volume of $55.2 billion, reflecting a slight 0.67% decline over the past day. It remains the world’s largest cryptocurrency, boasting a live market cap of $2.05 trillion and a circulating supply of 19.86 million BTC. With a hard cap of 21 million coins, Bitcoin’s price movement…
Solana to Lead Altcoin Season? Solaxy Might Be the Power Move Behind It – ICO Hits $34.6M
Solaxy ($SOLX) just blasted past $34.6 million in its ICO, with capital pouring in fast, right as Solana ($SOL) surged 21% in the past week. Zoom out, and the momentum only gets louder: $SOL is up 53% over the past 30 days, now trading around $176. That kind of rally from Ethereum’s top rival has…
Demand for Censorship-Resistant ‘Dark Stablecoins’ May Rise Amid Regulatory Crackdown
As governments worldwide increase their efforts to regulate stablecoins, a new class of decentralized digital assets, dubbed “dark stablecoins,” could emerge as a response to the increasing scrutiny. Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, sounded the alarm in a May 11 post on X, warning that privacy-focused stablecoins may become more attractive…