The Canadian public company SOL Strategies has just deployed the full $20 million tranche from its $500 million convertible note facility. In doing so, it acquired 122,524 SOL at an average price of $148.96, a strategic maneuver designed to expand its SOL holdings and fortify its validator infrastructure. The announcement came via an X post…
Blockchain developer platform Alchemy has launched a new program to incentivize the development of Mini Apps on World, the financial and identity network co-founded by OpenAI’s Sam Altman, specifically in the US. According to the press release shared with Cryptonews, the developer incentive program follows the release of Mini Apps 1.2. This was a significant…
New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday. The state beat a number of others to the punch this year as what had started as a surge in state lawmaker momentum had run into roadblocks over…
Key Takeaways: Hong Kong’s Securities and Futures Commission (SFC) engaged with UAE regulators to discuss virtual asset supervision, targeting cross-border regulatory cooperation. The SFC has authorized licensed virtual asset trading platforms to offer staking services, introducing stringent compliance measures to safeguard investor interests. These initiatives are part of Hong Kong’s broader strategy to position itself…
Ethereum is currently consolidating below a major resistance area after rejecting at the $1,850 zone. While the price is holding relatively stable, the momentum is weakening. Open interest and funding data point to cautious optimism, but upside continuation depends on the buyers defending key short-term levels. Technical Analysis The Daily Chart Following the aforementioned rejection…
[PRESS RELEASE – Tortola, British Virgin Islands,, Singapore, May 6th, 2025] Academic Labs, a leading on-chain knowledge sharing platform, has announced its token (AAX) will list on MEXC exchange on May 7th at 9:00 UTC, marking another significant milestone in its expansion strategy. Recent Developments The project recently unveiled two major initiatives: the upcoming Academic…
TL;DR XRP’s recent pullback hasn’t shaken investor confidence, with one market observer viewing the $2 zone as a buying opportunity. Whales have been making bold moves, scooping up almost one billion tokens in a month, as there are rising expectations that a spot XRP ETF could see the light of day in the US this…
Key Takeaways: Senators Warren and Merkley demand an ethics review of Trump’s $2 billion UAE-linked stablecoin deal. UAE investment via Binance raises red flags about foreign influence and potential constitutional violations. Controversy may delay key crypto legislation through 2025. A political and financial scandal involving a Trump-backed stablecoin and a UAE-linked investment deal has sparked…
[PRESS RELEASE – Dubai, UAE, May 7th, 2025] ProMeet, the blockchain-powered platform transforming how creators monetize through live streaming and video sessions, announced the launch of its ProMeet Ambassador Program. This new initiative empowers influencers, community leaders, and advocates of creator independence to earn recurring rewards in USDC by introducing new creators to the ProMeet…
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted more capital this year than the largest gold-backed ETF. On May 6, Bloomberg Senior ETF analyst Eric Balchunas reported that IBIT ranked as the US’ sixth-highest fund by year-to-date inflows. According to the data, IBIT has pulled in over $6.9 billion since January, outperforming the SPDR Gold Shares…