Bitcoin Slides Below $79K as $304M in Crypto Longs Vanish After PPI Shock
In recent developments, on Wednesday, bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price index data, which showed a sharp…
US government asks for $1M forfeiture from ex-Celsius exec ahead of sentencing
In recent developments, former Celsius chief revenue officer Roni Cohen-Pavon, scheduled to be sentenced on Thursday after a guilty plea, agreed to a judgment of $1 million that he obtained…
Societe Generale deploys stablecoins on Canton for tokenized finance
In recent developments, france’s SocGen plans to use its EURCV and USDCV stablecoins for tokenized collateral, repo financing and institutional settlement activity on the Canton blockchain network. Looking closer, market…
Price predictions 5/13: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
In recent developments, bitcoin’s pullback is expected to find support near $79,000, but every recovery attempt is likely to be sold into. The development has drawn attention from traders and…
Bitcoin traders expect ‘fast move’ to $90K following CLARITY Act vote
In recent developments, bitcoin traders eye a possible move higher as short-term selling pressure fades and the CLARITY Act vote boosts crypto market focus. Looking closer, market participants highlight key…
XRP Momentum Cools After $1.50 Rejection as Traders Watch Critical Support Le…
In recent developments, xRP traded near the lower end of its recent 24-hour range on Wednesday, as traders evaluated weakening short-term momentum against a broader bullish market structure. Market data…
Bitcoin price targets $79K as US PPI inflation hits highest since 2022
In recent developments, bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices. Looking closer, market…
Traders say Ethereum ready for a ‘strong move’ after ETH price taps $2.3K
In recent developments, market analysts eye fresh Ethereum upside, fueled by JPMorgan and BlackRock tokenized fund moves plus looming CLARITY Act catalyst. Looking closer, market participants highlight key drivers such…
Tea Protocol announces June 4 mainnet launch and TGE on Aerodrome to secure o…
In recent developments, this quarter, AI started writing its own exploits. Tea is shipping the trust layer underneath it. Code Is Abundant. Trust Is Not. Looking closer, market participants highlight…
Fidelity International launches Moody’s-rated tokenized fund on Chainlink
In recent developments, the Bermuda-based asset manager launched a tokenized liquidity fund using Chainlink and Sygnum infrastructure, with JPMorgan providing daily NAV data for pricing. Looking closer, market participants highlight…
