Cardano price has pulled back in the past few days, falling by over 15% from its highest point this month. Cardano (ADA) retreated to $0.731 on Monday, down more than 15% from its highest level this month. The decline has raised concerns among investors about whether the recent ADA rally has ended. Cardano price technical…
DigiAsia Corp. has announced a strategic plan to incorporate Bitcoin into its corporate treasury. With Board approval, the company will allocate up to 50% of its net profits toward acquiring Bitcoin (BTC) as a long-term digital reserve asset, according to a company release. To jumpstart the initiative, DigiAsia, a fintech firm focused on digital financial…
Ethereum price dropped on Monday as risk-off sentiment continued in the crypto and stock markets, and after a whale capitulated at a significant loss. Ethereum (ETH) fell to $2,400 on Monday, down from this month’s high of $2,732. The decline wiped out $35 billion in market capitalization, which dropped from $325 billion on May 14…
Sonic SVM chain on Solana is introducing a new burn mechanism to boost buying pressure on its token and liquidity. Solana-based (SOL) Sonic SVM (not to be confused with Sonic, formerly Fantom) is making a key change to its tokenomics. On Monday, May 19, in a press release shared with crypto.news, Sonic SVM announced an…
Bitcoin saw a classic weekend pump-and-dump, with price now sitting at a critical support level. Despite the drop, the market structure remains bullish and poised for another breakout. Bitcoin (BTC) opened the week with a sharp retracement after an unsustainable Sunday rally pushed prices higher. The impulsive sell-off into Monday brought the asset back to…
Hedera Hashgraph price continued its downward trend on Monday, May 19, as demand for Bitcoin and other altcoins eased. Hedera Hashgraph (HBAR) dropped to $0.1870, down by almost 20% from its highest level this month and 54% from its highest in November last year. The ongoing HBAR price retreat happened as the crypto market lost…
Bitcoin and other crypto prices dropped on Monday as risk-off sentiment spread across the financial market. Bitcoin (BTC) fell to $102,870 after trading near the $106,000 level on Sunday. Ethereum (ETH) declined to $2,400, while the total market capitalization of all cryptocurrencies dropped by 1.67% to $3.25 trillion. The selling pressure mirrored the broader financial…
Dubai’s Virtual Assets Regulatory Authority has given virtual asset service providers until June 19 to comply with Version 2.0 of its activity-based Rulebooks in its ongoing push to strengthen crypto market integrity and risk oversight. On May 19, VARA in Dubai announced that it has released Version 2.0 of its activity-based Rulebooks, setting a deadline…
Tatsu Works is pulling the plug on Tatsumeeko: Lumina Fates, ending a three-year journey backed by $7.5 million in venture capital. Blockchain game developer Tatsu Works said it’s stopping the development of its MMORPG-lite title “Tatsumeeko: Lumina Fates,” three years after raising $7.5 million in venture funding. 📜 Embracing What’s Next For Tatsu Today, we’d…
Bitcoin’s days of triple-digit annual returns may be behind it as growing institutional adoption flattens its long-term growth trajectory, on-chain analyst Willy Woo suggests. Once seen as a rocket fueled by internet hype and retail dreams, Bitcoin (BTC) may be settling into a slower, more mature phase as large investors step in, analyst Willy Woo…
