Solana (SOL) price saw a modest rise in the last 24 hours following a gaslight recovery. SOL now trades above $160 while eyeing the $200 level. This upward move contrasts with struggles in broader crypto markets. Bitcoin (BTC) holds near $104,000, and Ethereum (ETH) remains above $2,400 after recent bullish trends. Solana Price Sees Support as Wallets Holding 0.1 SOL Reach 11.16 M. Solana was holding about support, while the number of addresses with 0.1 SOL hit a new high of 11.16 million. Data from Glassnode presented by Ali on X indicates that this is the highest ever number of…
Author: cryphedge
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 19, 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 19, 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…
India’s Supreme Court has directed regulatory bodies to develop clear guidelines for governing crypto activities in the country, according to a May 20 report from local outlet Bar and Bench.According to the report, the apex court emphasized that regulators should focus on establishing oversight frameworks that reflect the rising adoption of digital assets across the country rather than pursuing a ban.The judges also pointed to India’s 30% tax on crypto gains as evidence that the asset class is already woven into the financial ecosystem. With that in mind, they pressed for thoughtful governance that supports innovation while safeguarding investors.To move…
Katherine Reilly assumed the role of Acting Inspector General at the U.S. Securities and Exchange Commission (SEC) on May 20, succeeding Deborah Jeffrey, who retired after over two years in the post.Reilly, a veteran within the agency’s Office of Inspector General, previously served as Deputy Inspector General and Counsel and twice held the acting title during prior transitions.Her tenure has been defined not by regulatory policymaking but by oversight, audit, and internal investigations into the agency’s ability to execute its mandate amid market complexity, including digital assets.Reilly’s past performance on cryptoUnder Reilly’s leadership, the SEC’s OIG has consistently flagged digital…
BarriC forecasts XRP to hit $10–$20 in current altcoin season. Analyst expects a market correction to $5–$10 post-surge. XRP Spot ETF and broader utility may trigger short-term rally. XRP, Ripple’s native token, has seen renewed attention from market analysts following a notable price retreat from its multi-year high of $3.34 in January 2025. Now trading at $2.35, up 1.46% in the past 24 hours, XRP is prompting speculation over whether its current consolidation is a sign of accumulation before another major rally. Source: CoinMarketCap One of the more ambitious projections comes from a crypto market commentator known as BarriC, who…
Two vastly different projects—Bitcoin (BTC) and Ozak AI (OZ)—are at the center of a heated investor debate. One is the original crypto juggernaut with a proven track record; the other is a rising AI-powered altcoin still in its presale phase. The question is: will Bitcoin hit the coveted $250,000 mark, or will Ozak AI surge to $1 and offer a better return on investment? Bitcoin to $250K: Is the King Ready to Run Again? Bitcoin’s journey has been nothing short of legendary. From being worth a few cents to reaching an all-time high of nearly $69,000 in 2021, Bitcoin has cemented…
The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19.The vote signals rare bipartisan support, with over a dozen Democrats joining Republicans to move the bill forward after weeks of negotiation.Notably, its approval sends the proposed stablecoin legislation to the House floor for further deliberation.GENIUS ActThe GENIUS Act had initially met stiff resistance, especially from Democratic lawmakers, who criticized its provisions around limited consumer protections, lack of accountability for corporate issuers, and ethical exemptions for political figures like Donald Trump.This opposition resulted in a failed vote earlier this…
Bitcoin briefly rose to $106,300 early Tuesday before sellers pushed it back under the $106,000 threshold, extending a months-long pattern of rejection just shy of January’s record high.The level has capped every advance in 2025, turning the round figure into an increasingly psychological barrier for bulls.Bitcoin attempts to break $106,000 (Source: TradingView)The latest test arrived this weekend after Moody’s cut the United States’ sovereign rating to Aa1. The downgrade sparked a brief bid across so-called hard-asset hedges, lifting Bitcoin by almost 2% before momentum stalled.Attention also turned to Capitol Hill, where the Senate voted Monday evening to advance the GENIUS…
As the crypto markets gain momentum, the AAVE price, which was in the middle of a strong recovery, has intensified its price action. The token remained consolidated within a narrow range for a long time, which helped the bulls to accumulate strength. As a result, the price attracted more than 20% gains while the buying volume increased by over 50%. With this, the price is slowly approaching the crucial threshold, which may not only form a new ATH but could also mark a 4-digit figure. Aave has been showing strong momentum driven by whale inflows and institutional interest. The price is…
