Key takeaways: After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Solana shows … Read more
The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago. It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the … Read more
PRESS RELEASE. The cryptocurrency space is shifting fast, and the landscape is never short of groundbreaking developments. While Solana ( SOL) has enjoyed explosive growth in the past, the cracks are starting to show. Solana’s lack of utility beyond meme coins is raising concerns among seasoned investors, and its trajectory seems increasingly uncertain. Meanwhile, an … Read more
Key Notes Texas House passes Senate Bill 21 to establish a Bitcoin reserve. Bill awaits Governor Abbott’s expected approval. Texas would become the second U.S.state to hold a Bitcoin treasury reserve. With the Texas House of Representatives passing groundbreaking legislation to establish a BitcoinBTC$96 61124h volatility:2.1%Market cap:$1.92 TVol. 24h:$29.09 B reserve, Texas is set to … Read more
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National Innovation for U.S. Stablecoins Act—aptly dubbed the GENIUS Act—clear the Senate and land … Read more
In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation. In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory framework for stablecoins. Meanwhile, across the Capitol, Representative Tom Emmer … Read more
Bitcoin tagged a new record high, despite a decline in U.S stock and bond markets Experts believe BTC may become a risk-off, safe-haven asset amid U.S. fiscal debt Bitcoin [BTC] surged to a record high of $111.8k while traditional markets – U.S. bond and stock sectors – struggled with fiscal challenges. In fact, on 21 May, … Read more
Getting rewards for playing is nothing new, but what if every deposit you make automatically gives you a chance to win more? That’s exactly what JAX Lotto offers. Instead of just funding your casino balance, each deposit earns you lottery tickets that put you in the running for a share of a €2,000 prize pool. … Read more
Big wins don’t always come from big bets. Sometimes, it only takes a small extra step to unlock something much bigger. At crypto casino Bitsler, there’s now a way to turn even the smallest wagers into something more exciting. The new Jackpot and Epic Jackpot features give every player the option to join in. It’s … Read more
Gold is back in demand amid rising geopolitical uncertainty and a weakening US dollar, with prices climbing above $3,300 per ounce. However, upside potential may be limited as high prices weigh on physical demand in Asia, Commerzbank’s commodity analyst Barbara Lambrecht notes. Safe-haven appeal lifts Gold, but upside may be limited “Gold is showing strength … Read more