Stocks
Solana Meme Coin Prices Surge – Dogwifhat Up 20% and Sealana Raises Over 3 Million
Solana meme coin prices are surging, with dogwifhat (WIF) up a stunning 27% since the start of the week while an exciting new coin called Sealana (SEAL) has raised more than $3 million. WIF retested $4.0 on Wednesday and looks likely to soon retest its 20224 highs around $4.80. Solana…
Read More »Trader Turns $462 into $3.4 Million Thanks to PEPE
While very volatile, cryptocurrencies offer some of the highest potential returns in investing, especially with assets like meme coins. The potential of meme coins to turn a small investment into a fortune was on full display recently. As per on-chain monitoring and analytics firm Lookonchain, one trader recently turned $462…
Read More »Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames
Mastercard’s new “Crypto Credential” service has now gone live, making peer-to-peer crypto transfers far more intuitive for average users. The payment giant’s new service allows users of select crypto exchanges to send and receive digital assets using a Mastercard Crypto Credential Alias rather than blockchain addresses, which are long and…
Read More »PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
At Consensus 2024, PayPal Holdings, Inc. announced on May 29 that it would expand its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. Paypal’s goal is to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The integration will use Solana’s high-speed and low-cost infrastructure. PayPal USD…
Read More »Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
Bitfarms, a global Bitcoin mining company, confirmed on May 28 that it received and rejected an acquisition proposal from Riot Platforms on April 22, 2024. The proposal, offering US$2.30 per Bitfarms common share in cash and Riot common stock, was evaluated by a Special Committee of the Bitfarms Board, consisting…
Read More »El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years. In an X thread, Cathie Wood praised El Salvador’s transitions into an “oasis” for Bitcoin and AI adoption under Nayib Bukele’s presidency. “President Bukele’s determination to turn…
Read More »Best Crypto to Buy Now May 29 – Shiba Inu, Worldcoin, Chiliz
On a modestly bearish day for most major cryptos that saw Bitcoin (BTC) slide 1.5% to the low $67,000s and Ethereum (ETH) drop 2.5% back to the mid-$3,700s, traders hunting for the best crypto to buy now are scouring the altcoin market for outperformers. The movement of billions of dollars…
Read More »Texas Regulator Orders Arkbit Crypto Mining To Shut Down
The Texas State Securities Board greatly damaged a fraudulent Arkbit cryptocurrency cloud mining operation on with a May 28 cease and desist order against Arkbit Capital for engaging in deceptive practices to perpetrate an alleged investment fraud. The order revealed that the Texas State Securities Board, led by Financial Examiner…
Read More »Israel to Launch Digital Shekel Test for Payment
The Bank of Israel (BoI) is speeding up efforts to develop its central bank digital currency (CBDC), dubbed the “digital shekel.” In a recent update on May 28, the bank revealed plans for the CBDC’s payment use case through the ‘Digital Shekel Challenge’ experiment, a key part of its action…
Read More »Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity?
Bitcoin Price Prediction The live Bitcoin price today is $67,325, reflecting a 1.43% decline in the last 24 hours, with a trading volume of $26.85 billion. Bitcoin remains the top-ranked cryptocurrency with a market cap of $1.33 trillion. The circulating supply is 19.71 million BTC, nearing its maximum supply of…
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