With May 31 looming, Bitcoin bulls are feeling the pressure to surge past the $70,000 mark.Source:cryptorank.ioDespite numerous unsuccessful endeavors to maintain prices above $71,000, the market remains optimistic, evident in the proliferation of derivatives speculating on $80,000 and $90,000. This

US to Debut First Leveraged Ethereum ETF on June 4Volatility Shares will launch the 2x Ether ETF (ETHU), marking the first leveraged Ethereum ETF in the US, with trading starting on June 4. Stuart Barton, CIO, remarked that despite ongoing negotiations with the SEC regarding spot ETFs, the introduct

The European Union (EU) is set to harness the transformative potential of blockchain technology and artificial intelligence (AI), as detailed in a recent report by the European Blockchain Observatory and Forum (EUBOF). This entity, initiated by the European Commission, has the mandate to track and a

SOL price surged by 5% today; however, on-chain data casts doubt on Solana's ability to breach the $190 barrier.Source: coins.phOn May 27, Solana's native token, SOL, surged by 5%, climbing from $161 on May 26 to $171. This uptick sparked optimism among investors, especially after SOL had reached $1

Kaiko Research Finds Spot Ethereum ETF Approval Beneficial for Ethereum's Long-Term GrowthKaiko's research emphasizes that the approval of the spot Ethereum ETF reduces regulatory uncertainty, benefiting Ethereum's long-term growth. Although there may be short-term resistance, the approval implies t

1. BTC Market TrendFrom May 23 to 26, the BTC price swung from $66,508.59 to $70,046.55, a 5.32% range. On May 22, the Federal Reserve (Fed) released minutes from its April 30 to May 1 interest rate meeting. As per the minutes, with U.S. inflation below expectations for three months, Fed officials b

Bitcoin may not yet be done consolidating below new all-time highs, with BTC price rejecting above $70,000.Source:cryptorank.ioAs the weekend trading unfolded, Bitcoin remained close to crucial price levels, with a focus on the $69,000 mark leading into the weekly close on May 26th.Bitcoin’s Price L

Korean regulators, unlike their U.S. counterparts, have been notably cautious about permitting crypto trading on traditional securities markets. The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) of Korea are now facing increasing pressure to approve cryptocurrency excha

US Spot Bitcoin ETF Daily Purchases Outstrip Bitcoin ProductionHODL15Capital's data shows daily US spot Bitcoin ETF purchases of at least 1,000 BTC, significantly exceeding the 450 BTC mined each day. This disparity indicates a potential shortage of tokens for short-term traders.Trump Vows to Back 5

Dadvan Yousuf, a 23-year-old cryptocurrency enthusiast, marked a significant achievement by reaching the summit of Mount Everest, the world’s highest peak at 8,849 meters. Celebrating this milestone, Yousuf showcased an orange Bitcoin flag at the top of the world on May 20, symbolizing his dual comm