May 23, 2024

Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy

Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet’s Bitcoin Strategy Pays Off Metaplanet...
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SEC Approves Ethereum Spot ETFs For Public Trading

The U.S. Securities and Exchange Commission (SEC) has officially greenlighted Ether spot ETFs to trade on national securities exchanges. Multiple 19b-4 applications to list the product were approved on Thursday, just days after the SEC began rapidly engaging with issuers on the matter in an unexpected positive turn for the crypto industry. Ether ETFs Are...
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Solana ETFs to See More Demand Than Other Altcoin Funds: Bloomberg Analyst

Bloomberg exchange-traded fund (ETF) analyst James Seyffart believes a Solana ETF would see more demand than similar funds for other altcoins, except ether (ETH). Seyffart’s statement was in response to a video in which CNBC Fast Money trader and crypto investor Brian Kelly said Solana ETFs were next in line following the approval of Ethereum...
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Multipool Enters Partnership with Mobilum Offering Users Fiat to DeFi On/Off Ramp

[PRESS RELEASE – Majuro, Marshall Islands, May 23rd, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users...
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U.S. House Votes To Ban Central Bank Digital Currency From Federal Reserve

The United States House of Representatives voted on Thursday in favor of barring the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) to its citizens. The CBDC Anti-Surveillance State Act bill garnered support from 213 Republicans and 3 Democrats, making the final tally 262 ‘yea’ to 192 ‘nay’. Republicans Pass Another Crypto...
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BLVD United Signs MOU with MeDoDo Coin: Pioneering a New Era in Fan Engagement and Biotech Innovation

[PRESS RELEASE – Los Angeles CA, United States, May 23rd, 2024] In an unprecedented fusion of innovative science and advanced technology, a leading biotech company has unveiled an ambitious project to bring back the extinct Dodo Bird. Embracing the spirit of this fearless and curious bird, the company is also introducing the MeDoDo Coin. Historically,...
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Plume Network, a RWA Layer-2, Raises $10M in Seed Funding from Haun Ventures, Galaxy Ventures, and Others

[PRESS RELEASE – San Francisco, CA, USA, May 23rd, 2024] Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone. Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its...
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Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 23rd, 2024] With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the...
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ETH ETF Approval Will Launch the Price Of These Coins To the MOON

The possible approval of an ETH-based ETF has sparked excitement in the cryptocurrency sector. As the bull run of 2024 continues to gain momentum, particular coins are poised to benefit immensely from this development. Investors are eager to find out which cryptocurrencies will ride the upward trajectory alongside the second-largest coin by market capitalization. This...
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Bybit CEO Ben Zhou Denies Insolvency Rumors

Ben Zhou, CEO of cryptocurrency exchange Bybit, has addressed circulating rumors about the platform’s hacking and insolvency. He denied all insolvency rumors and shared evidence of Bybit’s financial holdings and crypto assets. Bybit CEO Shares Proof-of-Reserves In a May 23 X post, Zhou denied the allegations, asserting that they have no factual basis. “None of...
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Horizen Labs Launches zkVerify – The Most Efficient Modular Blockchain for ZK Proof Verification

[PRESS RELEASE – New York, NY, May 23rd, 2024] Horizen Labs is proud to announce the official launch of zkVerify, a dedicated zero-knowledge-proof verification network designed for settlement optimization. The launch of zkVerify comes at a critical time when blockchain networks are increasingly seeking efficient and scalable solutions to meet the demands of high transaction...
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Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap

[PRESS RELEASE – New York, USA, May 23rd, 2024] Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults: Enhanced...
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8-Day Winning Streak: Spot Bitcoin ETFs See Strong Inflows

The total net inflow for spot Bitcoin ETFs on May 22 was $154 million, continuing an eight-day streak of positive inflows. Meanwhile, the Grayscale Bitcoin Trust (GBTC) ETF experienced an outflow of $16.0914 million. BlackRock’s iShares Bitcoin Trust (IBIT) had a single-day inflow of $91.9527 million, and Fidelity’s FBTC ETF saw an inflow of $74.572...
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Introducing Deep Market Analysis on BitMEX with Cignals 

We’re excited to announce that Cignals, a leading provider of volumetric charts and visualisation tools for institutional flow and market directions, has joined the BitMEX Partner Programme. This collaboration represents a major milestone in our ongoing mission to provide exceptional resources to the trading community to transform their interaction with the markets.  By integrating Cignals...
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Sam Bankman-Fried Is Moving to a New Prison Facility: Report

Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is being relocated to a new prison, according to a report by The Wall Street Journal. A representative for Bankman-Fried confirmed the move, though the exact destination remains undisclosed. Sam Bankman-Fried Likely Moving to California Sources familiar with the situation suggest that Bankman-Fried is likely...
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Bitcoin Price Could Surge to $140,000 in Three Months if History Rhymes

The previous two cycles may provide an indication of where BTC prices might head after the previous all-time high was broken. In the 2013 cycle, Bitcoin prices peaked at around $1,130, but they did not break this level again until March 2017. However, in the three months that followed, BTC prices doubled. When the 2017...
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Top Meme Coins Picks Staging The Next 10x Surge

The top coins mark a bearish Wednesday as the market takes a short pause after a massive boom this Monday. However, a sector of altcoins, meme coins, is chasing higher levels in a volatile market.  With the crypto world anticipating an altcoin season soon, meme coins are a great option for massive returns. However, the...
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Bitcoin (BTC) $ 95,071.47 1.24%
Ethereum (ETH) $ 3,550.13 2.40%
XRP (XRP) $ 2.52 6.22%
Tether (USDT) $ 1.00 0.15%
Solana (SOL) $ 222.37 1.64%
BNB (BNB) $ 648.82 1.09%
Dogecoin (DOGE) $ 0.403125 5.42%
Cardano (ADA) $ 1.18 1.73%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,552.89 2.35%