The crypto market is traversing through a sharp pullback today, largely due to profit-taking after a notable uptrend. That surge was previously fueled by lower U.S. inflation data, strong Chinese tech earnings, and optimism surrounding a U.S.-China trade deal. However, investor caution has returned, particularly with Producer Price Index figures on the horizon, and the $3.1 billion options expiry.The volatility has been evident in the numbers in the crypto market. At the time of press, the global crypto market cap has fallen by 2.24% to $3.29 trillion, with 24-hour trading volume down 22.55% to $118.77 billion. The tremors can be…
Author: cryphedge
Digital asset service providers in the UK must submit customer data to His Majesty’s Revenue and Customs (HMRC) beginning Jan. 1, 2026.According to a May 14 update on the financial authority’s website, this move follows the adoption of the OECD’s Cryptoasset Reporting Framework (CARF), which mandates global tax transparency standards for digital assets.Under the rules, all UK-based crypto service providers, including exchanges, brokers, and wallet operators, must collect details on every user. However, reporting will be limited to users who are tax residents in the UK or other countries that have adopted CARF.These details include a customer’s full name, address,…
Bitcoin Pepe appears well-positioned to capitalize on shifting investor sentiment. BPEP tokens are currently priced at $0.0326, with the presale set to end on May 31, 2025. Investor interest in the project has already materialized through its presale, which has raised more than $8.3 million to date. Bitcoin was trading around $102,000 on Thursday, having faced repeated rejections at the $105,000 resistance level over the past five days. Market participants are watching diplomatic developments in Turkey, where peace talks between Russia and Ukraine are scheduled to take place, though expectations remain muted. While the absence of top…
Cboe BZX Exchange has filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Canary Staked TRX ETF under Rule 14.11(e)(4), marking the first attempt to register a US-based spot Tron ETF fund offering staking rewards.Filed on May 12, the proposal seeks approval to list Commodity-Based Trust Shares representing fractional interests in a trust holding TRX, the native asset of the Tron blockchain.What does the fund contain?The ETF, sponsored by Canary Capital, plans to stake a portion, potentially all, of its TRX holdings through one or more trusted providers, with staking rewards…
Author Jai Pratap Author Jai Pratap About Author Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry. Share Last updated: May 14, 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 cryptocurrencies and blockchain projects to…
Story HighlightsThe live price of the UniSwap crypto token is $ 6.44676053.The UNI price could reach a maximum of $15.10 in 2025.Unicoin price with a potential surge may reach a high of $158.32 by 2030.DeFi as a category has come into existence with the idea of no intermediaries. Since its inception, the UNI has served as a trustless and highly decentralized financial infrastructure. In a latest feat, UniSwap has created history by becoming the first DEX to hit $3 trillion in all-time trading volume.Are you considering investing in UNI crypto? Then, look no further as in this article, we decode the…
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 14, 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 14, 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…
The notable growth rate of Stellar network is bolstered by institutional investors seeking to tokenize RWAs and enable cross-border operations.XLM price has closely followed XRP price action in the past, and both have hinted at potential rally toward price discovery soon.Stellar (XLM) price has gradually gained bullish momentum in the past six weeks. The large-cap altcoin, with a fully diluted valuation of about $15.1 billion and an average 24-hour traded volume of about $314 million, rallied over 25 percent in the past four weeks to trade about $0.3033 on Wednesday, May 14, during the late North American trading session.The notable…
XRP overtook Bitcoin and Ethereum in the country’s trading volume of major exchanges such as Upbit and Bithumb. Kimchi Premium and strong retail demand, in combination, paved the way for the market dominance of XRP in the area. Analysts believe XRP is poised to rise further, and price targets seem to be all over the place, from $ 5.50 to $ 30, based on long-term technical patterns. XRP has soared above Bitcoin ($BTC) and Ethereum ($ETH) to become the most traded cryptocurrency in leading South Korean exchanges. According to data by CoinMarketCap, XRP made $1.2 billion in retail trading volume…
