Author: Crypto News

Last updated: May 13, 2024 11:57 EDT | 2 min read MoonPay confirmed to Cryptonews on Monday that it has donated $1 million to the digital advocacy group Stand With Crypto ahead of the 2024 elections.“Today, two things are abundantly clear: this year’s election will define the future of our industry in the United States, and it is our responsibility to step up and stand alongside those organizations that want to positively advance crypto innovation for everyone,” the crypto payment service said in a statement.MoonPay Makes Big Stand With Crypto DonationFounded by Ivan Soto-Wright and Victor Faramond in 2019, MoonPay…

Last updated: May 13, 2024 11:32 EDT | 3 min read Monday, May 13, 2024 – He may not have left his bedroom since the dawn of Solana, but the brand new ICO for Sealana ($SEAL), the all-American redneck seal, has raised $500,000 in investments in its first fortnight.Although it was birthed on the Solana blockchain, Sealana is technically a multichain token.The Buy widget on Sealana’s homepage enables seamless $SEAL purchases on three different chains.Anyone with Solana, Ethereum or BNB can connect their wallets and buy Sealana instantly at a fixed presale price of $0.022 per token.People are piling into…

Last updated: May 13, 2024 10:13 EDT | 2 min read Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi.The company’s subsidiary, First Answer Middle East, received the first Financial Services Permission (FSP) from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA), marking a pivotal moment in its strategic expansion into the Middle East region.Liminal Looking Beyond The Asia Market With the digital assets market booming, ensuring security and compliance is crucial. That’s why we’re thrilled to announce that Liminal’s Middle East entity,…

Last updated: May 13, 2024 09:11 EDT | 2 min read A mere 1% of financial advisors frequently engage in discussions about crypto with their clients due to concerns about potential legal liabilities and associated expenses if the investment goes awry.According to CoreData’s “Australia’s Crypto Investors” report, a staggering 89% of financial advisers stated that they have never provided advice on cryptocurrency.“One of the most prominent reasons why advisers are not talking about cryptocurrency is due to concerns around not being covered by professional indemnity insurance (PI),” the report says.“Without PI cover, advisers risk heavy legal expenses if clients claim…

Last updated: May 13, 2024 07:55 EDT | 3 min read The Bonk price has crept up by 0.7% in the past 24 hours, reaching $0.00002312 while the market as a whole posts a 2.5% gain today.This move doesn’t do enough to clear BONK’s 16% loss in a week, although the Solana-based meme token remains up by 35% in the last 30 days.Even more impressively, the coin has also gained by a whopping 5,400% in the past year, making it one of the best-performing top-100 tokens over this period.And with BONK still in oversold territory for the past week, it…

Last updated: May 13, 2024 06:59 EDT | 3 min read SHIB has jumped by 5% in the past 24 hours, with the Shiba Inu price rising to $0.00002357 as the crypto market as a whole gains by 2% today.Shiba Inu remains down by 7% in the past week, however, as well as by 2% in the last 30 days.On the other hand, its medium- and long-term momentum remains solid, with the coin having gained 160% in the past year.And with SHIB’s price bouncing overnight and again this morning, today could be the beginning of a new growth spurt.Shiba Inu…

Exciting news is coming for the cryptocurrency market as $GTAI, a token of GT Protocol, is preparing to get listed on a new CEX in just 2 days. After its successful debut on top platforms like Bybit, Kucoin, Gate.io, MEXC, HTX, and Bitget, $GTAI has emerged as one of the most promising token launches of 2024.In celebration of this imminent listing on a new CEX, GT Protocol has announced a $10,000 giveaway as a sign of appreciation for the community’s support and enthusiasm for the project. The event details and instructions on how to participate in the giveaway can be…

Last updated: May 13, 2024 05:29 EDT | 2 min read The Pudgy Penguins nonfungible token (NFT) project has achieved a remarkable milestone, with more than one million Pudgy Penguin toys sold over the past 12 months.According to CEO Luca Schnetzler, the popular NFT project has experienced a surge in sales, expanding its reach to retailers worldwide.In a recent post on X, Schnetzler expressed surprise at the Consumer Crypto revolution being led by “fat flightless birds.”The sales milestone comes on the heels of the recent news that Pudgy Toys with Pudgy World are now available in the prominent United States…

GriffinAI, launched in Switzerland by crypto veteran Oliver Feldmeier, aims to enhance AI Agents capabilities by integrating them into a secure, decentralized network. The project’s first set of agents focus is on improving DeFi experiences via advanced AI agents like ELANN.AI. Upcoming steps include a mainnet launch and the release of a technical whitepaper on May 15.GriffinAI, a newly launched project in Switzerland, aims to develop a decentralized platform where AI agents and people can efficiently collaborate to create value in a secure, permissionless environment.Led by Oliver Feldmeier, the GriffinAI project comprises an experienced team with deep expertise in both…

Last updated: May 13, 2024 03:09 EDT | 3 min read Bitcoin Price Prediction Bitcoin (BTC) began the week on a downward trend, trading around $61,000 with an intraday low of $60,675. Despite a previous surge following the U.S. approval of exchange-traded funds (ETFs), Bitcoin has not regained momentum. The decline is largely due to hawkish comments from the Federal Reserve and speculation that the Fed may postpone its easing plans, driving investors toward safer assets amid economic uncertainty. This has strengthened the U.S. dollar, contributing to Bitcoin’s losses. Looking ahead, Bitcoin traders will focus on upcoming speeches by Fed…