Price predictions 5/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI
Key points: Bitcoin price saw profit booking near $105,819, signaling that bears remain active at higher levels. Select altcoins have continued to move higher, indicating increased investor interest. The SPX…
SEC Chair Atkins reiterates need to overhaul crypto rules, pledges to end ‘regulation by enforcement’
Securities and Exchange Commission Chairman Paul Atkins called for a sweeping modernization of US crypto asset policy, outlining a three-part strategy to overhaul regulations for issuance, custody, and trading. He…
Pumpfun launches creator rewards, $7M potential based on April volume
Pump.fun introduced a revenue-sharing mechanism for token creators on May 12, enabling them to collect 0.05% of trading volume in Solana (SOL) from transactions conducted on PumpSwap. To qualify for…
AI search startup Perplexity on track for massive $14 billion valuation – WSJ
Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street…
XRP outperforms crypto market with 10% jump as open interest surges past $5B
XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since…
Pi Network’s market cap leaps $7 billion as token skyrockets 110% in a week amid market buzz
Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped…
Strategy and Metaplanet purchase combined 15,000 BTC for nearly $1.5 billion as Bitcoin rallies
Bitcoin’s steady rise amid easing macroeconomic pressures is drawing renewed interest from institutional giants. On May 12, Japan’s Metaplanet and US-based Strategy (formerly MicroStrategy) each confirmed large Bitcoin purchases, signaling…
Trump family-backed Bitcoin reserve company American BTC to go public this year
American Bitcoin, a majority-owned subsidiary of Hut 8 and associated with the Trump family, is set to become a publicly traded entity through a merger with Gryphon Digital Mining. The…
Ethereum outshines Bitcoin with surprise rally past $2,500
Ethereum is back in the spotlight after jumping 42% over the past week to trade above $2,500, a level it hasn’t touched since March. This marks one of its most…
DeGods NFT founder steps down as collection gains traction
The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales. Rohun Vora, known online…