Sen. Lummis stated that Donald Trump supports her BITCOIN Act, which would mandate that the government accumulate 1 million Bitcoins. Bitcoin strategic reserve could soon become a reality. On a Friday, May 2 speech to the U.S. Senate, Senator Cynthia Lummis stated that U.S. President Donald Trump supports her BITCOIN Act. The BITCOIN Act is
Key Takeaways eToro plans to launch its US IPO as soon as next week following easing tariff concerns. The company reported $931 million in commission in 2024 up from $639 million the previous year. Share this article eToro may make its US market debut as early as next week, as easing volatility clears the path
In the crypto world, timing can mean everything. Projects that solve real problems with new approaches often become the cornerstones of new market cycles. Nexchain, an emerging Layer-1 blockchain that mixes artificial intelligence with decentralization, is a prime example and offers early investors who want access to an advanced blockchain ecosystem a DAO-first approach combined
Following a months-long tug-of-war between bulls and bears, Bitcoin Dominance, a metric tracking BTC’s market share relative to the entire crypto market, has surged to 64%. According to crypto analyst Rekt Capital, increased dominance isn’t just a technical milestone but a precursor to a broader trend that could see the number one cryptocurrency command as
XRP price could be on the cusp of a strong bullish breakout in the coming days after forming a bullish chart pattern and as whales continue accumulating. Ripple (XRP) continued to consolidate on Friday, trading at $2.216, up by 36% from its lowest level in April. A potential catalyst for XRP price is the continued
Key Takeaways The UK FCA proposes to ban credit card use for purchasing Bitcoin to mitigate consumer debt risks. The FCA aims to increase crypto market regulation by requiring UK-based entities and curbing crypto lending services. Share this article The UK’s top financial regulator is considering banning the use of credit cards and other forms
Ondo Finance bridges to Solana, integrating its yield-bearing USDY asset and Decentralized Verifier Network. Will Solana drive the next RWA boom? Ondo Finance is a leader in tokenizing real-world assets (RWA). On this platform, firms like BlackRock can convert U.S. Treasuries into digitized versions that are available on-chain for transparent auditing. According to Coingecko, the
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) This week, Ethereum continued to hover under the key resistance at $1,825 and closed with a 3% price increase. Sellers appear determined to keep ETH under this level after they rejected any attempts at an escape several times. While momentum
PI, the native token of Pi Network, resumed its downtrend in May as it failed to hold the $0.6 support level amid bearish technicals. Pi Network (PI) has fallen nearly 10% over the past week, exchanging hands at $0.59 as of press time. Zooming out the charts, the token has lost over 23% of its
Key Takeaways FIFA Collect platform will transition to an EVM-compatible blockchain. Algorand-based wallets will not be supported post-migration, with MetaMask and WalletConnect compatibility introduced. Share this article FIFA Collect, a digital platform created by the Fédération Internationale de Football Association (FIFA) that allows football fans to collect, trade, and enjoy digital collectibles featuring iconic moments