Crypto

"DOGE seems like it's about to absolutely explode to the upside," one X user suggested.

Bitcoin price holds above $104K as accumulation heats up and rare RSI patterns emerge. Analysts see $120K on the horizon—here’s what to watch next. The post Bitcoin Price Prediction: This Rare Pattern Just Flashed — Could $120K Come Sooner Than Anyone Thinks?  appeared first on Cryptonews.

XRP’s market capitalization increased 2% QoQ, significantly outperforming the combined market capitalization of BTC, ETH, and SOL, which declined by 22% QoQ. The XRPL EVM Sidechain went live on testnet on March 31 and is scheduled for mainnet launch in Q2. Separately, a timeline has been released to introduce native smart contracts on the XRPL. The first step in this effort is the introduction of Extensions, a feature that allows developers to attach code to existing XRPL primitives to enhance their functionality without entirely new smart contracts. An amendment to enable Smart Escrows (the first Extension) is intended in Q3, while a full Smart Contract devnet is intended in Q4.

The crypto industry's value debate often pits blockchains against DApps, but market trends and infrastructure realities show blockchains remain the foundational layer driving long-term growth. Opinion by: Hatu Sheikh, founder of Coin Terminal Although blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won't function without their underlying chains. The markets must uphold blockchains for long-term value generation. Blockchains and DApps should work collaboratively to coordinate their functions for better usability. Instead, analysts create a binary between chains and DApps based on Web2's structural frameworks. Read more

In the first quarter, U.S. retirement funds in California and New York, among other states, bought MicroStrategy shares.

Dogecoin (DOGE) has dropped by 3% in the past week and currently sits at $0.2205 as the meme coin rally has cooled down a bit after days of strong price upticks and above-average trading volumes.$1.8 billion worth of DOGE has exchanged hands in the past 24 hours, resulting in a 37% decline in trading volumes […] The post Dogecoin Price Prediction: Whale Dumps 170 Million DOGE Tokens But Here’s Why a Hidden Move to $1 Could Be Coming appeared first on Cryptonews.

Michael Arrington argued that executives should be jailed if they don’t “adequately protect” sensitive user data.

A growing number of Americans believe the US government should convert part of its gold reserves into Bitcoin. According to a recent poll by The Nakamoto Project, four out of five respondents support converting a portion of the country’s gold holdings into Bitcoin. The polling results showed that more than 1,000 respondents recommended converting between […] The post Eighty percent of Americans favor converting US gold reserves to Bitcoin, poll reveals appeared first on CryptoSlate.

NBA star Tristan Thompson says taking his $82M contract in 2015 in Bitcoin would have been “the best gamble in American sports history.” NBA player and reality television personality Tristan Thompson signed an $82 million NBA contract in 2015 a dream deal at the time. But now that hes become a Bitcoiner, he dreams of an alternate history where that money was paid via BTC. What I know now, I would have definitely pushed to get paid in Bitcoin, Thompson tells Magazine. Itd be so much, Id be laughing and kicking, being like ‘this is the best gamble in American sports history,’ the longtime crypto fanatic says. Read more

Speculative interest in Cardano is building following Solana ETF filing developments, and traders are eyeing a 2023 Solana-esque move. The post Cardano Price Prediction: ETF Speculation Heats Up – Could ADA Follow Solana’s Path to $100? appeared first on Cryptonews.

Can Ripple’s financial strength outweigh Coinbase’s history with Circle in the race to acquire the stablecoin issuer?

Catena Labs has raised $18 million in a round led by a16z crypto, with participation from major players, to build its new project: an AI-native financial institution. The post Circle and Catena Cofounder Sean Neville Raises $18 Million for ‘First AI-Native Bank’ appeared first on Cryptonews.

South Korea and the European Union have committed to strengthening cooperation to tackle global cyberthreats. The post South Korea, EU Pledge Joint Action Against North Korea’s Crypto Theft appeared first on Cryptonews.

Crypto exchange argues that users agreed to resolve disputes privately under its 2019 Terms of Use, rejecting court jurisdiction. The post Binance Urges U.S. Court to Dismiss Class Action, Citing Arbitration Clause in User Terms appeared first on Cryptonews.

The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund and PayPal Ventures.

The recent vote in the Senate to move the GENIUS stablecoin framework ahead has shown glaring cracks in the Democratic coalition. US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor. On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same Democrats had held up the bill in early May when they withdrew support, citing corruption concerns over President Donald Trump’s cryptocurrency dealings. The bill’s opponents hailed lawmakers’ refusal to support it but were soon taken aback when the senators reversed their position. The lightly amended legislation contained no provisions regarding World Liberty Financial, the Trump family’s crypto venture. Read more

Robinhood has filed a proposal with the US SEC to establish a national framework for real-world asset tokenization, including plans for a new trading platform. Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs). The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20. In the proposal, Robinhood also revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain settlement for efficiency and transparency. Read more

Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm. Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II). According to a May 20 announcement, Kraken’s perpetual and fixed maturity crypto futures contracts will be available for trading by retail and institutional customers in the European Economic Area (EEA). The announcement follows the exchange acquiring an MiFID license in early February through the acquisition of a Cypriot investment firm, approved by the Cyprus Securities and Exchange Commission. Kraken’s head of exchange, Shannon Kurtas, said, “Europe is one of the fastest-growing regions for digital asset trading and investment, with some of the most sophisticated and demanding clients and institutions.” Read more

Filecoin (FIL) was also among the underperformers, declining 2.9% from Monday.

“AI agents will soon conduct most economic transactions,” said Catena Labs CEO Sean Neville, as the company secured $18 million to build a regulated AI-native financial institution. Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence.  On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm.  Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built for AI agents and human collaborators and will be operated by AI workers with human oversight and AI-specific risk management and compliance approaches.  Read more