Solana rally capped by SOL token unlock and memecoin decline
Key takeaways:Solana's native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a…
$94 Billion Settled in Roughly Two Years
Stablecoins are gaining ground as a reliable tool for digital payments. New data from Artemis shows that $94.2 billion in stablecoin transactions were settled…
Stantander bank may issue stablecoin
Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product.The…
Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’
US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s…
Russian banks debut crypto products for qualified investors
The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.Russian banks are now…
Genius Act to solidify US dollar dominance in Web3 digital economy
A key piece of US stablecoin legislation awaiting a full Senate vote may emerge as a net positive for the US dollar’s dominance in the digital asset economy.The…
Bitcoin investor demand points to rally to $118K
Key takeaways:A 20-day Bitcoin Coinbase Premium streak signals strong institutional investor and retail investor interest.Falling BTC inflows from short- and…
Telegram raises $1.7 billion via bond offering
Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering featuring a 9% coupon that closed on May 28.According to Bloomberg,…
Bitcoin in ‘pivot zone’ as potential consolidation looms: Analyst
Bitcoin markets could be in for another prolonged period of consolidation if there isn’t more buying pressure this week, says analyst Willy Woo. The strength of…
Tim Berners-Lee says DNS should have been more decentralized
World Wide Web and hypertext markup language (HTML) inventor Tim Berners-Lee said that if he were building a domain name service (DNS) today, he would make it…