As of May 9, Pi Coin surged to an intraday high of $0.78 before facing resistance, while technical indicators suggest more volatility ahead. This price move marks a continued uptrend for the Pi cryptocurrency, which has gained more than 23% in the past week. The rally is fueled by bullish technical patterns, rising market interest, … Read more
The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network. According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at the time of writing. Overall, the … Read more
PancakeSwap price jumped more than 9% in 24 hours as the decentralized exchange saw its daily trading volume spike to a high of $2.2 billion, leading the sector. The price of PancakeSwap (CAKE) topped $2.37, the decentralized exchange’s native token rising as crypto joined stocks in climbing amid fresh investor optimism on trade talks between … Read more
Oxbow, a decentralized finance (DeFi) platform balancing privacy and compliance, has removed deposit limits on its Privacy Pools tool, enabling unrestricted Ethereum transactions while screening illicit funds. Regulatory-Friendly Privacy: Oxbow’s Tool Now Accepts Large-Scale ETH Deposits Oxbow, a DeFi platform founded in 2023, announced Friday it has removed deposit limits on its Privacy Pools tool, … Read more
Key Takeaways: Solana’s 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence. Solana (SOL) price gained 18% this week, signaling rising bullish momentum. The altcoin is approaching a pivotal point, … Read more
Shiba Inu (SHIB) recently demonstrated its resilience with a significant transaction volume of 6.71 trillion tokens in 24 hours and a price recovery to $0.00001502, bouncing off its 50 EMA. These developments signal renewed investor confidence, sparking optimism for a potential bullish cycle. However, while Shiba Inu excites for the short term, Ruvi, an emerging … Read more
Alex Mashinsky, founder of the collapsed crypto lender Celsius Network, was slapped with a 12-year prison sentence on May 8 for crypto-related fraud. Mashinsky’s legal team sought a light prison sentence of one year and a day. They pointed to his clean record before the Celsius implosion, along with his military service and guilty plea. … Read more
Wall Street giant BlackRock met with the Securities and Exchange Commission (SEC) Crypto Task Force to discuss staking within crypto exchange-traded products (ETPs) and tokenization of securities. The discussion could advance institutional interest in the crypto industry. According to a May 9 memo published by the task force, BlackRock sought to “[d]iscuss perspectives on treatment … Read more
Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant. A May 8 report from Bloomberg, citing people familiar with the matter, said the company is working on new processors to power its future … Read more
Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech and investment company, just announced a non-brokered private placement of up to 5,454,546 units priced at $0.55 each. The total amount Matador expects to raise is up to C$3,000,000 in gross proceeds. The funds raised will be allocated into three equal … Read more