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Solana Price Prediction: 2x Rally to ATHs Possible Amid Rising ETF Hype

Cryptonews.com - 04:57 May 02, 2025

The Solana (SOL) price could be setting up for a major short-term rally, with bulls eyeing a retest of the record highs printed near $300 earlier this year, 2x above current levels. The post Solana Price Prediction: 2x Rally to ATHs Possible Amid Rising ETF Hype appeared first on Cryptonews.

Tags: Solana Price Prediction ATHs Possible Amid Rising ETF Hype Rally
Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity

Cryptonews.com - 04:18 May 02, 2025

Movement Labs suspended co-founder Rushi Manche following a third-party review of governance and recent issues related to a market maker and the MOVE token. The post Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity appeared first on Cryptonews.

Tags: Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity
South Korean Regulator Designates Crypto Exchange Bithumb as a Conglomerate

Cryptonews.com - 23:30 May 01, 2025

The South Korean Fair Trade Commission (FTC) has classified the crypto exchange Bithumb as a conglomerate. The designation will force the company to adhere to a range of financial compliance rules. The post South Korean Regulator Designates Crypto Exchange Bithumb as a Conglomerate appeared first on Cryptonews.

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Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub

Cryptonews.com - 21:52 May 01, 2025

Cai Wensheng has secured the 53k-sq-ft PARK AURA tower in Hong Kong’s Tin Hau for about US$84 million, a 20 percent premium on local deals. He has outlined redevelopment that includes an AI-themed café, rent-free co-working floors for local founders and dedicated studios for AI and Web3 projects. The post Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub appeared first on Cryptonews.

Tags: Cai Wensheng Pays Premium Bets Hong Kong AI-Web3 Hub
Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet

Cryptonews.com - 21:46 May 01, 2025

Tether has posted Q1 2025 profit above $1 billion, backed by $120 billion in U.S. Treasuries and gold gains. Assets exceed liabilities by $5.6 billion. USDT supply has added $7 billion and 46 million wallets. The issuer has obtained licensing in El Salvador and outlined a planned U.S.-focused token. The post Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet appeared first on Cryptonews.

Tags: Record Profit Treasury Tether Rakes Wallet Surge Fuels
UK Fintech Losing Spark as Crypto Heavyweights Seek Faster Shores

Cryptonews.com - 21:39 May 01, 2025

UK Fintech leaders warn the country could lose its edge as slow licensing, unresolved stablecoin guidance and limited pension fund backing have impeded startups. Coinbase and Ripple say firms have redirected product development and fundraising to the EU, Singapore and the US. The post UK Fintech Losing Spark as Crypto Heavyweights Seek Faster Shores appeared first on Cryptonews.

Tags: Fintech Losing Spark Crypto Heavyweights Seek Faster Shores
‘Perfect Ponzi’: Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny

Cryptonews.com - 21:24 May 01, 2025

RiskReversal principal and RiskReversal Media co-founder Dan Nathan said on CNBC Wednesday that U.S. President Donald Trump’s crypto ventures are akin to a “Ponzi scheme.”Dan Nathan Shares His Take When asked by “The 11th Hour” host Stephanie Ruhle about the ethics tied to the Trump-affiliated crypto platform World Liberty Financial, Nathan didn’t hold back.“The big […] The post ‘Perfect Ponzi’: Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny appeared first on Cryptonews.

Tags: Perfect Ponzi Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny
Dogecoin Whales Scoop Up 100M DOGE in a Week, Fueling $0.20 Breakout Hopes

Cryptonews.com - 20:08 May 01, 2025

Dogecoin Whale accumulation of 100M tokens this week has coincided with a 15% price rebound and bullish research from ETP issuer 21Shares, which has projected values from $0.38 to $1.42 by 2025, depending on adoption. Analysts say clearing $0.20 remains key after resistance at $0.1920. The post Dogecoin Whales Scoop Up 100M DOGE in a Week, Fueling $0.20 Breakout Hopes appeared first on Cryptonews.

Tags: Fueling Breakout Hopes DOGE Week Dogecoin Whales Scoop
“Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap $300B Crypto Market Overnight

Cryptonews.com - 17:40 May 01, 2025

Kraken has unveiled Embed, a crypto-as-a-service product giving banks, neobanks and other institutions an API to add crypto trading on Kraken’s liquidity and compliance stack, avoiding the cost of building exchanges. Dutch neobank bunq has gone live first, with more partners due. The post “Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap $300B Crypto Market Overnight appeared first on Cryptonews.

Tags: Lets Banks Tap Embed Crypto Market Overnight Just One API How Kraken
XRP Price Prediction: Should You Sell XRP in May? Here’s What Analysts Expect Next for Ripple

Cryptonews.com - 17:19 May 01, 2025

XRP (XRP) is the best-performing cryptocurrency of the top 5 this year with annual gains of 7.5% despite the significant turbulence that the market has gone through.As May begins, the market’s old saying – “Sell in May and go away” – could be a cause of concern for the superstitious.However, market experts seem to believe […] The post XRP Price Prediction: Should You Sell XRP in May? Here’s What Analysts Expect Next for Ripple appeared first on Cryptonews.

Tags: Should You Sell XRP Here Ripple XRP Price Prediction What Analysts Expect Next
Solana Price Prediction: New Proposal to SEC Could Bring U.S. Stocks Directly On-Chain – $1,000 SOL Incoming?

Cryptonews.com - 17:12 May 01, 2025

Solana could be the focal point of a strategic push to align blockchain technology with U.S. regulatory frameworks through a new tokenisation initiative—Project Open. The post Solana Price Prediction: New Proposal to SEC Could Bring U.S. Stocks Directly On-Chain – $1,000 SOL Incoming? appeared first on Cryptonews.

Tags: SEC Could Bring Solana Price Prediction Stocks Directly On-Chain New Proposal SOL Incoming
Tesla Chair Refutes Report Detailing Plans For Elon Musk’s Replacement

Cryptonews.com - 17:12 May 01, 2025

Tesla chair Robyn Denholm has denied a Wall Street Journal report claiming the board recently hired recruiters to replace its chief executive. She says directors still back Elon Musk, who has faced political pushback over a White House efficiency post and weaker Q1 results. The post Tesla Chair Refutes Report Detailing Plans For Elon Musk’s Replacement appeared first on Cryptonews.

Tags: Replacement Tesla Chair Refutes Report Detailing Plans For Elon Musk

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