Worldcoin (WLD) price has soared by 20% in the past 24 hours, driven by a sharp increase in market activity. The rally followed a $135 million token sale by the World Foundation to Andreessen Horowitz and Bain Capital Crypto. The tokens were sold at spot market prices with no lock-up or discount terms, signaling strong investor confidence. Trading volume for WLD rose 135.57% as a result of the transaction, hitting $1.12 billion on the day. For this reason, WLD’s market capitalization grew to $2.35 billion, a 23.69% rise. For the first time in months, the token broke through $1.5, causing…
Author: cryphedge
UPDATE May 23, 14:27 UTC: Bitcoin has recovered much of the losses made in European trading hours as US markets opened. BTC is up 2.3% from the daily low.Bitcoin has plummeted over 4% from its recent all-time high of $111,900 toward $107,000 as US President Donald Trump announced potential tariffs on iPhones not made in the USA and EU-imported goods.S&P 500 and oil futures fell over 1.6% and 0.9%, respectively, while gold is up 1.5%.Bitcoin drop (Source: TradingView)Trump claimed the EU has been “very difficult to deal with,” posting,“The European Union, which was formed for the primary purpose of taking…
The Jupiter (JUP) price is currently above $0.6, and could target $1. While $1 in May may be tough for bulls, JUP has rallied significantly in the past month to support bulls. Decentralized finance growth amid the upcoming Jupiter Lend launch could be a catalyst. Jupiter (JUP) has spiked by more than 11% in the past 24 hours and 21% this past week to hit highs of $0.64. The decentralized liquidity platform’s native token ranks among the top gainers in the top 100 by market cap, per CoinMarketCap. As Bitcoin rallied to a new all-time high, fresh interest in altcoins…
The Shiba Inu ecosystem is all set to take a significant step with the announced update to its Shibarium blockchain. This update is designed to further improve decentralization, that would solidify the team’s long-term goal of utility and resilience in the DeFi space. However, a mixed response to this upgrade by the crypto community has left SHIB holders and traders in a dilemma about the SHIB price future. In this SHIB price analysis we outline the short-term price targets of this memecoin.Shiba Inu (SHIB) Price Analysis:SHIB price is currently changing hands at $0.00001543, with a daily gain of 1.01%, 2.66%…
Dogecoin price rose to above $0.25 as Bitcoin jumped to a new all-time high. DOGE could rally to $0.43 if bullish momentum continues. News of Dogecoin expansion to Solana via Wormhole’s multi-chain assets ecosystem could bolster DOGE. Dogecoin (DOGE) price hovered around $0.24, with latest network development seeing it join Wormhole’s multi-chain assets ecosystem to expand DOGE to Solana (SOL). While Bitcoin’s continued tease near its all-time high keeps traders glued on the benchmark crypto, analysts see a potential explosion for leading alts. Ethereum for instance has broken above $2,700 in the past 24 hours, and Solana, XRP and BNB…
Kraken has announced a strategic partnership with Backed Finance (BackedFi) to bring tokenized US equities to global investors. https://twitter.com/krakenfx/status/1925578761212150007?t=WReoW6A0AD7M10JfOFAyeQ&s=19 Why xStocks? As part of this collaboration, Kraken announced plans to launch a new service, commonly known as ‘xStocks’ for tokenized stocks. BackedFi is set to launch the ‘xStocks’ program on the Kraken platform in the coming weeks. While the new service will be available across global markets in Africa, Latin America, Asia, and Europe, US clients won’t be able to access this service. Users from these regions will soon be able to access these tokenized assets directly through the Kraken…
Ethereum (ETH) price has surged strongly in the past 24 hours, crossing the $2,600 mark with notable momentum. The second-largest cryptocurrency by market cap has gained over 60% in the past 30 days. This performance places ETH as the leading altcoin among the top five cryptocurrencies. The Ether is now trending higher after spending a short time in consolidation. In the last seven days, ETH has advanced by more than 5%. If the current buying pressure continues, the Ethereum price could soon test the $3,000 psychological price point. BTC, SOL, and XRP have kept moving upward over the weekend. At…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 22, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 22, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 22, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
