The House Republicans have introduced a new Digital Asset Market Structure Discussion Draft on May 5. The draft is focused on cutting the dominance of big crypto companies and increasing participation in the wider market, according to an official from Paradigm. Glenn Thompson and French Hill, the House agricultural and
Crypto analyst Javon Marks has reaffirmed his bullish outlook for Shiba Inu (SHIB), projecting a potential 528% price increase from current levels to reach $0.000081 in this market cycle. This forecast comes despite SHIB’s recent price action showing mixed signals, with the token trading at $0.0000129, down 0.4% from its
The PI token has been caught in a persistent downtrend since reaching its all-time high of $3 on February 26, with prices consistently trading below a descending trendline since April 12. This extended decline has created a negative market sentiment around the altcoin, but several technical indicators now suggest that
The TRON network has achieved a key milestone in the stablecoin sector as the amount of USDT (Tether) circulating on its blockchain reached a new all-time high of $71 billion. This growth positions TRON just $3.5 billion behind Ethereum, which currently hosts $74.5 billion in USDT, according to the latest
Tether CEO Paolo Ardoino has sparked major interest in the crypto world with a teaser for Tether AI, a decentralized artificial intelligence infrastructure. Designed to supercharge Bitcoin and USDT transaction volumes, this innovation could redefine how decentralized applications operate in the blockchain space. In a recent X (formerly Twitter) post,
The crypto market cap’s brief pullback has pushed down to reach $2.95 trillion. With the fear and greed index value holding at around 49, the market sentiment falls under the neutral zone. The major assets fluctuate between losses and gains, while Solana (SOL) has posted a loss of over 0.65%.
Binance has recently collaborated with the National Agency for Investments of Kyrgyzstan to enforce crypto payment infrastructure and introduce blockchain education programs. At the time of the inaugural meeting of the Council for Development of Digital Assets, conducted on May 4, the government of Kyrgyzstan assured that the strategic collaboration
The Maldives is making a bold leap into the world of blockchain and fintech with the announcement of its flagship initiative, the Maldives International Financial Centre (MIFC). This revolutionary initiative will be a world-class blockchain centre spanning a whopping 830,000 square meters, and that will redefine the nation’s economic landscape.
The leading altcoin, Cardano (ADA) price dropped 1.07% over the past 24 hours, trading at $0.6835 during press time. The price fluctuated between $0.6692 and $0.6936, reflecting short-term market instability. This movement continues a broader trend of volatility as the token struggles to sustain any lasting upward momentum. Also, Cardano
The U.S. Securities and Exchange Commission (SEC) is expected to make a decision today, May 5, 2025, on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). If the SEC approved the application, that could open the door for Litecoin’s first-ever spot ETF. So far, the SEC hasn’t
