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Cryptopotato
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Major US Banks Mulling Joint Stablecoin Venture: Report
- Major US banks, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, are considering creating a joint stablecoin to compete in the crypto industry.
- Discussions involve bank-owned payment companies like Zelle operator Early Warning Services and the Clearing House; the plans are in early stages and subject to stablecoin legislation and market demand.
- The move comes after key stablecoin legislation advanced in the US Congress, with banks concerned about potential competition from stablecoins impacting their deposits and profits.
- Despite the banks' interest, global stablecoins may still have an edge due to accessibility, with the current crypto stablecoin market worth $248 billion and predicted to reach $2 trillion by 2028.
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Cryptopotato
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OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi
- OKX is launching xBTC, a wrapped version of Bitcoin on the Aptos blockchain, allowing users to access wrapped BTC without minting or redemption fees.
- xBTC is backed 1:1 by bitcoins held in OKX's custody, offering users the ability to mint xBTC on OKX, deposit, or withdraw to the blockchain starting May 22.
- The launch of xBTC aims to enhance Bitcoin and Aptos DeFi utilities, leveraging the $1 billion TVL DeFi ecosystem on the Aptos chain.
- OKX plans to start a special campaign for xBTC on May 23 to enable deeper integrations across the Aptos ecosystem, partnering with various decentralized platforms.
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Coindoo
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Binance Joins EU-Led OSINT Training to Support Moldova’s Law Enforcement
- Binance participated in a training session organized by the EU Agency for Law Enforcement Training to enhance digital investigation skills for Moldovan law enforcement.
- The event, part of the EU4Security Moldova initiative, aimed to equip European law enforcement with tools to combat crime using open data.
- Binance, as the only crypto company invited, emphasized the significance of blockchain analysis in investigations by conducting a workshop on tracking illicit crypto activity.
- The collaboration between Binance, CEPOL, Europol, and others supports efforts to establish safer financial ecosystems and combat digital crime internationally.
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Coindoo
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5 Small-Cap Tokens Catch Smart Money’s Eye
- Five small-cap tokens, with market caps between $1M and $50M, are gaining attention from experienced crypto traders.
- Top 5 small-cap tokens attracting smart money activity are KLED, IBRL, PCULE, NOICE, and DUPE.
- IBRL and KLED have seen the largest weekly and 30-day inflows, while PCULE and DUPE showed negative flows.
- Smart Money refers to wallets with a history of successful trades, indicating potential trends or undervalued opportunities.
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Coindoo
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Pepe Price Prediction: 71.23% Monthly Jump, But Troller Cat Eyes 4453% From $0.00001166
- As meme coin markets regain momentum following Bitcoin's all-time high, investors are seeking the next breakout meme coin, with Pepe ($PEPE) and Troller Cat ($TCAT) in focus.
- Pepe remains a top-10 meme asset by volume and social dominance, with speculation on its potential to double again by 2025.
- Troller Cat, however, offers a structured presale approach with significant potential, projecting a 4453.17% ROI from Stage 5 to listing price.
- Troller Cat's unique mechanics include a 69% APY staking mechanism, referral bonuses, and deflationary buybacks from its Game Center revenue.
- Investors in Troller Cat have raised over $150,000 in just 14 days, with over 750 token holders onboarded, anticipating a 25.04% price surge in Stage 6 on Friday.
- Pepe, inspired by the iconic frog character, has shown a 71.23% gain over the past month, with price predictions varying from conservative to aggressive targets.
- While Pepe has historical momentum, challenges including market saturation and centralization concerns pose potential obstacles to outsized gains.
- In conclusion, Troller Cat appears to offer a more structured path to significant ROI, with a 4453.17% projected return and staking benefits.
- Investors looking for potential multipliers may find Troller Cat more appealing, considering its mechanics and momentum compared to Pepe.
- To capitalize on Troller Cat's potential, investors are encouraged to act before the upcoming 25.04% price increase in Stage 6 by visiting the official site.
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NullTX
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BITCOIN PRICE ANALYSIS & PREDICTION (May 23) – BTC Hits New All-Time High Following 30% Increases in a Month
- Bitcoin hits a new all-time high following a 30% increase in a month, reaching a milestone after a period of recovery from a corrective phase.
- The recent rally in Bitcoin started last month, with price reaching $97k and closing above March’s high, showing promise for a bullish trend.
- BTC broke to a new all-time high today, hinting at a new macro bullish wave, with expectations for altcoins to follow suit after the surge consolidates.
- Key levels to watch include the resistance levels at $111,888, $115,000, and $120,000, and support levels at $109,588, $106,457, and $100,718.
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Coindoo
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Ledger Launches Solana-Themed Wallet With Soulbound Token Perks
- Ledger launched a new Solana-themed Flex device at the Solana Accelerate conference in New York City.
- The special edition wallet comes with a soulbound token (SBT) that offers exclusive rewards for users in the future.
- This launch celebrates Solana's recovery post-FTX struggles and aims to provide a dedicated device for the Solana community.
- The Solana Flex wallet is a part of Ledger's anniversary product line, focusing on usability, security, and community perks in a noncustodial format.
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Cryptopotato
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Will $2.8B Bitcoin Options Expiry Keep Markets Moving?
- Around 25,400 Bitcoin options contracts worth $2.8 billion set to expire on May 23, with a put/call ratio of 1.2 and max pain point at $103,000.
- Market sentiment remains bullish on Bitcoin with key levels to watch at $110,000 support, $120,000 target, and longer-term targets of $150,000 to $200,000.
- Additionally, around 201,000 Ethereum contracts worth $547 million are expiring with a max pain point at $2,400 and a put/call ratio of 1.23 on the same day.
- Total crypto market capitalization has surged to $3.65 trillion driven by Bitcoin, hitting an all-time high near $112,000 while Ethereum hovers around $2,700, with positive performance from altcoins like Cardano, Hyperliquid, Avalanche, and Bitcoin Cash.
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NullTX
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XRP And ONDO Finance Grow Institutional Reach While FloppyPepe Captures Bullish Predictions With 4x More Social Traffic
- Bullish predictions are gaining momentum in the market, with XRP and Ondo Finance leading in tokenized assets due to their growing institutional reach.
- FloppyPepe's utility and social traction capture bullish predictions, with a 4x increase in social traffic compared to other altcoins.
- XRP debuts on the CME while Ondo Finance focuses on tokenized treasury infrastructure, signaling a move towards regulated frameworks.
- While XRP and Ondo Finance expand institutional reach, FloppyPepe differentiates itself with AI functionality and meme coin enthusiasm.
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Cryptopotato
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XDC Network’s XVC Tech Announces Investment in Laser Digital Carry Fund, Launches Institutional Fund Infrastructure with Libre
- XVC Tech, the venture capital arm of the XDC Network, has announced its investment in the Laser Digital Carry Fund (LCF), managed by Laser Digital, a subsidiary of Nomura Holdings.
- Libre, an infrastructure provider for tokenized investment products, will deploy its regulatory-compliant framework on the XDC Network, enabling access to tokenized financial products for institutional and accredited investors.
- The collaboration aims to extend regulated investment opportunities to institutional and accredited investors within the XDC ecosystem, allowing for on-chain issuance, subscription, redemption, and transfer capabilities.
- By integrating Libre's fund issuance infrastructure with XDC Network's scalable environment, the partnership facilitates broader adoption of blockchain-native financial products, enhancing accessibility and compliance.
- The Laser Digital Carry Fund, a market-neutral digital asset strategy managed by Laser Digital, leverages capital markets expertise in both traditional and digital markets to capitalize on yield opportunities in the digital asset market.
- The Libre Gateway deployment on XDC reflects a commitment to offering institutional and accredited investors access to regulated real-world assets in a secure and compliant manner through blockchain infrastructure.
- XDC Network, optimized for trade finance and RWA tokenization, features high throughput, near-zero gas fees, and fast transaction times through a delegated proof-of-stake (dPoS) consensus mechanism.
- XVC Tech, a fund focused on NextGen Technology Solutions, aims to explore investment opportunities in innovative fields, with portfolio companies including DeGaming, Bolero, and Truflation.
- Laser Digital, backed by Nomura, operates in the digital finance space, emphasizing risk management standards and compliance to deliver scalable opportunities in trading, asset management, and ventures.
- Libre, a platform for compliant tokenization of regulated real-world assets, has facilitated the tokenization of over $700+ million in assets from leading global institutions, enabling secure and programmable capital transformation.
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Financemagnates
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CFTC Might Regulate Crypto Perpetual Futures “Very Soon”: Commissioner Mersinger
- Outgoing CFTC Commissioner Summer Mersinger mentioned that the agency might authorize crypto perpetual contracts circulation soon, aiming to bring trading back to the US.
- Perpetual contracts, popularly known as "perps", are similar to regular futures but do not have expiration dates, allowing indefinite holding.
- Currently, these contracts are more popular outside the US, with exchanges like Binance, OKX, and Bybit leading the market globally in offering over 500 crypto perpetual pairs.
- Mersinger highlighted the importance of regulating perpetual contracts in the US as it would benefit the markets and the industry as a whole.
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Coindoo
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Bitcoin Soars as Stablecoin Rules Boost Crypto Legitimacy, Says Anthony Scaramucci
- Anthony Scaramucci attributed the rise in Bitcoin to growing investor interest and progress on bipartisan stablecoin regulation in the U.S.
- Scaramucci believes that stablecoin legislation will put crypto on a stronger legal footing, attracting institutional investors and stabilizing the broader crypto market.
- He stated that stablecoins serve as a financial bridge, benefiting crypto adoption and U.S. economic influence by cutting cross-border transaction costs and assisting unbanked populations.
- Scaramucci backs Circle in the stablecoin space and praised CEO Jeremy Allaire and the team for their strong track record in regulatory compliance, positioning them well for the future of stable digital currencies.
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Coindoo
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Best Cryptos to Stake This Bull Season: $15K in BTFD Could Return $1.35M at $0.006 Moon Price, While SHIB and FLOKI Volume Skyrocket Post-BTC ATH
- Bitcoin has reached a new all-time high (ATH) of $111,861.22, leading to a surge in meme coin activity such as SHIB and FLOKI with significant volume spikes.
- Meme coins like BTFD, SHIB, and FLOKI are gaining attention for their utility and earning potential in the current crypto market.
- BTFD Coin stands out with its presale performance, offering a potential return of $1.35 million from a $15,000 investment at a moon price of $0.006.
- BTFD Coin boasts a live P2E game, 90% APY staking, and strong presale numbers, making it a popular choice for staking this bull season.
- SHIB saw a 93.04% surge in volume and a 5.98% price increase post-Bitcoin ATH, continuing to attract traders with its ecosystem offerings.
- FLOKI experienced a 60.85% volume spike and 9.55% price jump, showcasing growth beyond meme status driven by NFT projects and marketing efforts.
- Staking platforms are incorporating FLOKI due to its increasing visibility and ecosystem development, positioning it as a valuable asset for staking.
- The current market trend emphasizes the potential for meme coins like SHIB, FLOKI, and BTFD to offer both short-term gains and long-term value.
- BTFD Coin's notable features and performance make it a top choice for investors looking to capitalize on the meme coin trend with high staking rewards.
- The BTFD Coin presale ends on May 26, offering investors the opportunity to participate before the coin lists on May 27 and potentially achieves significant returns.
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Coinjournal
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Best crypto to buy as BTC ETFs show no signs of slowing down
- Bitcoin reached a new all-time high of $111,980 on Thursday amidst a historic rally, consolidating around $111,000 level on Friday.
- BTC is focusing on breaching $120,000 next as demand and institutional interest remain strong, while Ethereum and Ripple also show resilience and gain traction.
- BTC ETFs are seeing massive inflows with BlackRock's IBIT leading the charge, indicating growing institutional demand and market sentiment shift towards Bitcoin.
- Bitcoin Pepe, a meme-centric Layer 2 project, gains momentum and investor interest, raising over $11 million in presale funds, positioning itself as a high-risk, high-reward play in the current market cycle.
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Cryptopotato
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Ethereum Price Could Surge to $3,200 as CME Futures Gaps Remain Unfilled
- Ethereum (ETH) is showing strong momentum with a potential breakout to $3,200 driven by rising trading volumes and bullish sentiment.
- The recent surge in Ethereum's price, currently at $2,666, has reignited discussions about unfilled CME futures gaps near the $3,200 mark.
- Market analysts suggest that historical price behavior indicates these gaps tend to get filled, acting as future price magnets for Ethereum.
- Despite concerns of an 'overheated state,' there is strong long-term conviction in Ethereum, with institutional inflows and low holdings on centralized exchanges.
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