Stocks

A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively means Binance can now resume operations there. In a unanimous decision on May 22, the First District Court of Appeals threw out the emergency suspension order that…

The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry. Its objective is to establish a fresh legal structure for digital currencies. This is despite an unconventional caution from the…

Despite lots of positive newsflow on the US regulatory front on Wednesday, major cryptos spent most of the session unwinding recent gains, with investors hunting for the best crypto to buy now needing to get selective in their search for near-term gains. Bitcoin (BTC) was last down around 1.5% in…

Bitcoin Price Prediction Federal Reserve officials expressed growing concern about inflation during their most recent meeting, with many members hesitant to move forward with interest rate reductions. Since the FOMC decided to keep the short-term borrowing rate in the 5.25%-5.5% range, a 23-year high, it has significant implications for the…

South Korean police officers have arrested 28 people they suspected of orchestrating a crypto investment fraud ring. Per Jose Geumyoong Shinmun and the broadcaster KBC, a raid was conducted by the Gwangju Metropolitan Police Agency’s Cyber Crime Investigation Unit. South Korean Police Arrest ‘Bogus Exchange Ringleaders’ Police spokespeople confirmed they…

The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The Japanese media outlet CoinPost reported that the firm unveiled the service for Mercari users on May 21. Ethereum Nod for Japanese E-commerce Giant Mercari Mercari says it…

As the Dogecoin (DOGE) price remains wedged to the south of $0.17 resistance, Dogecoin holders are ditching their DOGE tokens for a new ICO called 5thScape (5SCAPE), which some investors are betting will become a major leader in the crypto AR/VR space. Dogecoin was last changing hands around $0.1650, up…

As the Pepe (PEPE) price continues to pump to new record highs, with PEPE up 30% in the past 7 days, investors are asking whether 100x gains for the meme coin might be possible. Pepe was last trading around $0.00001350, giving it a market cap of around $5.7 billion. 100x…

The LidoDAO (LDO) price continues to trade sharply up since the start of the week as bets for Ethereum ecosystem growth flood in on expectations that the SEC is on the verge of approving spot Ethereum ETFs, with some asking if it is too late to buy LDO. BlackRock seals…

The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC). On Tuesday, Ethereum futures ETFs recorded a trading volume of $47.75 million, a 40% increase from the previous peak…