Bitcoin (BTC) reclaimed the $100,000 mark for the first time in over two months, driven by bullish market sentiment, rising institutional adoption, and renewed macroeconomic confidence after President Donald Trump announced a major trade deal with the UK on May 8.Bitcoin hit an intraday high of $101,493, extending a broader rally that has gained momentum in recent weeks. The flagship crypto is now up more than 45% year-to-date, reclaiming ground after a steep pullback to $74,000 in the first quarter.Based on CryptoSlate data, Bitcoin was trading at $100,633 as of press time, up nearly 4% over the past 24 hours.The…
Author: cryphedge
Solana (SOL), a notable player in the blockchain world, continues its remarkable trajectory with its price currently sitting at $152.96. Recent developments, including an $18 million purchase of SOL tokens by SOL Strategies and bullish technical indicators suggesting a rally to $220, have solidified its position as one of crypto’s heavyweights.However, while Solana thrives on institutional interest, Ruvi is carving a path for those aiming to unlock unprecedented gains in this dynamic market.Solana’s Bullish DevelopmentsSolana’s recent performance has been fueled by significant milestones, drawing both investor interest and market optimism.Institutional Investment: SOL Strategies, a Toronto-listed asset firm, invested a staggering…
Geoffrey Kendrick pointed to several factors driving the bullish momentum. As of Thursday, Bitcoin was trading just shy of the $100,000 mark. Software company MicroStrategy has ramped up its Bitcoin purchases. Bitcoin’s relentless rally is prompting some analysts to revise their boldest predictions. Standard Chartered’s Geoffrey Kendrick, a well-known Bitcoin bull, has now admitted that his earlier forecast of $120,000 for the world’s largest cryptocurrency might be too conservative. In an email shared with clients on Thursday, Kendrick said, “I apologise that my USD120k Q2 target may be too low,” acknowledging the accelerating momentum in Bitcoin’s price. As of Thursday,…
The latest price prediction from the Finder’s panel of cryptocurrency experts projects that Dogecoin is all set to reach the $2 milestone. The bullish forecast comes after Bitcoin is looking to reclaim the $100,000 mark in the charts on Thursday. “Dogecoin will inevitably track Bitcoin’s success. While it doesn’t offer significant technical advantages over other blockchain investments, its community-driven ethos and inclusivity give it strength,” read the prediction.Also Read: BlackRock To Invest in XRP? High Net-Worth People Want CryptocurrenciesThis puts Dogecoin on the ‘buy’ list as only 22% of analysts have given the meme currency a ‘sell’ call. The majority…
360T, the foreign exchange trading arm of Deutsche Börse Group, has officially launched 3DX, a new institutional crypto spot trading platform.The launch integrates the offering into the broader FX infrastructure of 360T, expanding Deutsche Börse’s digital asset initiatives.Previously known as DBDX, the initiative has now been rebranded and folded into 360T to maximize operational, regulatory, and commercial efficiencies, according to a report by Mondo Visione.3DX Launches as MiCAR-Compliant, BaFin-Regulated Crypto Spot Venue3DX operates as a MiCAR-compliant, BaFin-regulated platform, positioning it as a secure and fully authorized venue for crypto spot trading across the European Union.Led by Carlo Kölzer, CEO of…
The aforementioned emerging projects offer streamlined solutions with real utility—whether it’s Bitcoin-based meme trading, meme coin staking, or one-click token creation. As the market moves forward, these three stand out as some of the best cryptos to buy now for those chasing performance without Ethereum’s bloated structure and developer hurdles.Vitalik Buterin warns Ethereum is too complex—could simpler alternatives take the spotlight?Ethereum’s price and philosophy are facing a critical moment. The network’s co-founder, Vitalik Buterin, has expressed concerns about Ethereum’s increasing complexity. He declared that Ethereum has become “needlessly complicated” and needs to be simplified urgently. This comes when ETH is trading…
It’s proving to be a productive week for Space and Time (SxT), the Microsoft-funded web3 startup specializing in ZK proofs. It’s just released v2.0 of its whitepaper, which expands on the vision of its Proof of SQL protocol and, more importantly, its mainnet is now live. Its team is ebullient, confidently predicting that its sub-second ZK coprocessor is about to make smart contracts great. New Network, Whodis? The Space and Time brand is already well known within web3, since its team has been working away on its Proof of SQL solution for over two years now. While the mainnet launch…
Global payments giant Stripe has introduced a new financial tool designed to help businesses manage money using U.S. dollar-backed stablecoins.The product, called Stablecoin Financial Accounts, enables companies in 101 countries to hold and transact in stablecoins, offering a modern alternative to traditional banking systems.Announced on May 7, the accounts allow businesses to receive funds via both crypto and fiat rails, hold balances in digital dollars, and send stablecoins globally.Stripe’s Stablecoin Accounts Aim to Empower Entrepreneurs in Volatile EconomiesAccording to Stripe, this service is particularly beneficial for entrepreneurs in nations facing currency instability, providing them with a tool to hedge against…
Changpeng Zhao, the founder and former CEO of Binance, has confirmed that he has formally applied for a presidential pardon, weeks after initially denying reports of such a move.Speaking on the Farokh Radio podcast aired May 6, Zhao said his legal team filed the request following widespread media speculation.“I got lawyers applying,” Zhao said during the interview, saying that he ultimately decided to move forward after stories from Bloomberg and The Wall Street Journal suggested he was pursuing a pardon from former U.S. President Donald Trump.“If they’re writing this article, I may as well just officially apply,” Zhao added.CZ Cites…
Stellar shows signs of a bullish breakout with analysts spotting wedge and inverse head-and-shoulders patterns, hinting at upward momentum. Despite recent price dips, rising volume near support zones and technical breakouts point to a stronger rally building ahead. Stellar (XLM) is gaining fresh traction with its setup of the bullish signals for the next rally. In the past week, however, the token has endured a total decline of 4.40%, with its 24-hour trading volume declining by just 6% to reach $143.77 million. In spite of the current weakness, experts foresee the potential for the token to move significantly higher following…
