Fast Money’s Brian Kelly Says Solana is Next in Line For a US Spot ETF
Crypto investor and trader Brian Kelly has suggested that Solana (SOL) could potentially become the next cryptocurrency to have a spot exchange-traded fund (ETF) in the United States. On a recent episode of CNBC’s ‘Fast Money’, Kelly, who also serves as the founder
Major Crypto Exchanges Launch ‘Tech Against Scams’ coalition to Combat Crypto Fraud
Some of the biggest tech firms and crypto exchanges have partnered to launch a ‘Tech Against Scams’ alliance, aiming to tackle the growing online fraud and financial schemes. Meta, Coinbase, Ripple, Kraken, Gemini, Match Group and the Global Anti-Scam Organization (GASO)
Florida Court Grants Relief to Binance.US, Suspension Overturned
A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively means Binance can now resume operations there. In a unanimous decision on May 22, the First District Court
Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison
Federal officials are transfering former FTX CEO Sam Bankman-Fried to a new prison in California. According to a recent report by The Wall Street Journal, Bankman-Fried’s spokesperson confirmed the move but did not provide the specific destination. People familiar with the
Metaplanet Emerges as Top Gainer in Japanese Stocks After Adding Bitcoin to Reserves
Investment firm Metaplanet has experienced a remarkable surge in its shares, skyrocketing 158% over the past week and emerging as the highest gainer among all Japanese stocks. The company’s share price currently stands at 93 Japanese yen, experiencing a staggering 127%
US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support
The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry. Its objective is to establish a fresh legal structure for digital
South Korean Police Arrest 28 in Raid on ‘Crypto Investment Fraud Ring’
South Korean police officers have arrested 28 people they suspected of orchestrating a crypto investment fraud ring. Per Jose Geumyoong Shinmun and the broadcaster KBC, a raid was conducted by the Gwangju Metropolitan Police Agency’s Cyber Crime Investigation Unit. South Korean Police
Best Crypto to Buy Now May 22 – Dogwifhat, Bittensor, Dogecoin
Despite lots of positive newsflow on the US regulatory front on Wednesday, major cryptos spent most of the session unwinding recent gains, with investors hunting for the best crypto to buy now needing to get selective in their search for
Bitcoin Price Prediction: BTC Near $70,000 Amid FOMC Meeting Minutes Revealing Inflation Concerns
Bitcoin Price Prediction Federal Reserve officials expressed growing concern about inflation during their most recent meeting, with many members hesitant to move forward with interest rate reductions. Since the FOMC decided to keep the short-term borrowing rate in the 5.25%-5.5% range, a
Japanese E-commerce Giant Mercari Launches Ethereum Trading
The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The Japanese media outlet CoinPost reported that the firm unveiled the service for Mercari users on May 21. Ethereum Nod