Cardano broke out of a descending channel, reclaiming the range formation from February. Reduced activity coincided with the weekend, and could recover. Cardano [ADA] broke out of a short-term descending channel a week ago. This breakout was accompanied by $880k worth of short liquidations in under 24 hours, fueling the aggressive breakout. Another report highlighted … Read more
Seasoned crypto traders like to say the biggest gains come from spotting a token before it becomes a headline. Investors who bought Pepe, Dogwifhat, Bonk, or Floki during their earliest days watched prices jump more than 1,000 percent. With sentiment rising again, attention is shifting to presale projects that still trade for fractions of a cent. … Read more
Australia’s crypto industry has expressed positivity after the recently reelected government named pro-crypto politician Andrew Charlton as assistant minister for the digital economy, artificial intelligence and other emerging technologies. Prime Minister Anthony Albanese told reporters in Canberra during a May 12 press conference that Charlton would be the new assistant minister for science, technology and … Read more
The lawyer for a group of Caitlyn Jenner memecoin buyers said they will continue their legal fight against the ex-Olympian after a judge threw out the case for failing to adequately support the securities and fraud claims it brought. Jenner had escaped a class-action lawsuit from buyers of her self-titled memecoin, Caitlyn Jenner (JENNER) after … Read more
GOAT surpassed key resistance levels established over the past 10 weeks. BTC’s bullish strength has lent altcoins a new lease of life. The memecoin market has soared higher over the past five days, which followed an explosive Bitcoin [BTC] rally of 9.2% in the past week. BTC has retraced 2.6% from the local high of … Read more
A British High Court has issued a restraining order against computer scientist Craig Wright, preventing him from filing further defamation suits. In a May 12 judgment, High Court Judge Edward Mellor said Wright’s repeated false claims and aggressive legal actions created legal “hell” for individuals and developers in the Bitcoin (BTC) community, adding that Wright … Read more
Gold prices rose in Philippines on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 5,818.01 Philippine Pesos (PHP) per gram, up compared with the PHP 5,791.90 it cost on Monday. The price for Gold increased to PHP 67,860.08 per tola from PHP 67,555.62 per tola a day earlier. Unit measure … Read more
Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account. Secure and Regulated Dirham to Crypto Conversions The United Arab Emirates (UAE) integrated digital bank, Al Maryah Community Bank (Mbank), together with crypto custodian Changer.ae, has announced the launch of … Read more
Truth Social, the social media network owned by Trump Media, has denied it is launching a memecoin following circulating rumors on social media. “Contrary to rumors, Truth Social is not launching a memecoin,” the official Truth Social account posted on its platform. The social media platform is owned by the Trump Media & Technology Group, … Read more
In a recent report by COINOTAG, dated May 13th, analysis from ChainInfo reveals a significant transaction involving a cryptocurrency whale. This investor withdrew a substantial amount of 4 million USDC from Binance just three days prior, subsequently acquiring 276,000 TRUMP tokens at an entry price of $14.4 each. However, a mere hour ago, this same … Read more