Cardano (ADA) price at $0.78 keeps the 16% uptrend moving with a 1.04% surge on May 9. Despite a minor slowdown, the optimism is high in ADA derivatives as Open Interest (OI) crosses $900 million. Amid tailwinds from increased staking activities and a key level breakout, let’s find out how the OI nearing $1 billion … Read more
The U.S. Senate is considering new regulations for stable digital asset issuers with a draft bill known as the GENIUS Act. The legislation aims to integrate organizations like Tether, which have traditionally operated outside American jurisdiction, into U.S. regulatory frameworks. This development marks a potential turning point for Tether and similar entities that could soon … Read more
Emarat, a leading fuel provider in the UAE, has partnered with Crypto.com to launch cryptocurrency payment services at 10 of its fuel stations. Emarat, Crypto.com Kick off Naming Rights Program for Fuel Stations In an announcement that further solidifies the United Arab Emirates (UAE)’s burgeoning reputation as a hub for financial innovation, the country’s prominent … Read more
Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of America Institute says consumer transactions and spending on unnecessary expenses have been waning since the beginning of the year. “The gradual easing in consumer spending momentum is not just due to lower inflation – the … Read more
Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services. The company’s crypto debit cards—both physical and virtual—are now accepted at all Korean merchants that support Visa, according to a May … Read more
As the crypto market recovers, familiar projects like SHIB and DOGE seem to be losing their shine. New players are entering the space, promising investors massive gains. Among these are interesting projects like Bonk and Codename:Pepe, stealing the attention of investors looking for profits. Codename:Pepe mixes a clever use of AI with the benefits of … Read more
Even after Sam Altman’s OpenAI gave up on becoming a for-profit company, Elon Musk is still at their necks. This time, he reminds Altman of his stance on Trump in 2016. However, Altman did not sit still as usual; he fought back with a tweet against Musk published in 2022. Musk reposted a tweet that … Read more
BitMEX co-founder Arthur Hayes is leaning bullish on Bitcoin (BTC) as surging liquidity conditions boost the value of the flagship crypto asset. In a new interview on the White Crypto YouTube channel, Hayes says an increase in the global money supply will act as a bullish catalyst for BTC and crypto. “I think it’s a … Read more
Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on the dangers of centralized monetary policy — urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold, and silver. In a May 10 post on X, Kiyosaki backed a hardline stance … Read more
Bitcoin (BTC) bull run not over, massive inflows ahead: CryptoQuant CEO Bitcoin ETF AUM breaks above $120 billion again As Bitcoin (BTC), the largest cryptocurrency, sees its price touching $104,000 for the first time since late January, and one of the most alarming predictions of a bull market end is invalidated. Bitcoin’s (BTC) performance in … Read more