Sonic Labs has completed a $10 million strategic sale of its native S token, with Galaxy as lead investor. The move has deepened Sonic Labs’s U.S. reach and supplied new capital to enhance its high-performance, EVM-compatible blockchain infrastructure, helping bridge traditional finance and DeFi.
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Category: Cryptocurrencies
Ethereum Price Prediction: Did Pectra Boost Confidence in ETH As An Investment?
The crypto landscape is witnessing a strategic shift as the new Pectra upgrade on Ethereum helps the network’s native $ETH outpace Bitcoin ($BTC), igniting fresh buzz about a utility-focused altcoin revival.Social media analyst Crypto Rover spotlighted ETH’s surge in a tweet today, noting its stronger momentum on BTC. As of Monday, ETH had climbed 0.7% […]
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BitGo Wins EU MiCA License – Can It Outrun Europe’s Top Crypto Custodians?
BitGo has received a MiCA license from Germany’s BaFin, clearing the way for regulated crypto custody and trading services throughout the European Union. The approval reflects Europe’s regulatory head start: 63 banks already serve digital-asset clients, compared with 25 in the United States.
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Bitcoin Rockets Toward $105K After U.S.-China Tariff Truce – Gold Sinks 3%
Bitcoin has regained market leadership, rising toward $105K after the US-China tariff cease-fire spurred demand for risk assets. Gold has slipped, while analysts from Coin Bureau and Galxe argue that BTC’s adaptable narrative could push prices to fresh records if macro tailwinds persist.
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Stellar Jumps 38%, Crushes XRP on Transactions as Bulls Eye $0.50 Breakout
Stellar has recorded a 38% month-long rally, buoyed by surging transaction counts, sub-cent fees and heavyweight partnerships. Messari data show 3.3 m transfers processed on May 11 for just $4k. Mastercard, MoneyGram and IBM collaborations have reinforced confidence, lifting $XLM past a $10 bn valuation.
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IOTA, World Economic Forum, Tony Blair Institute Launch TWIN Foundation to Address Trump’s Tariff Effects
Six major global partners have founded the TWIN Foundation to make global trade more efficient, transparent, and inclusive. These include the IOTA Foundation, the World Economic Forum, the Tony Blair Institute for Global Change, TradeMark Africa, the Global Alliance for Trade Facilitation, and the Chartered Institute of Export and International Trade.
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Prosecutors Deny Withholding Evidence in Case Against Samourai Wallet Founders
Federal prosecutors have rejected accusations that they withheld key evidence in their case against the co-founders of Samourai Wallet.
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BTC, ETH, Altcoins Spike as US and China Announce Temporary Tariff Cuts
Crypto markets rallied sharply on Monday after the United States and China announced an agreement to temporarily reduce tariffs on each other’s goods.
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Tokyo’s Metaplanet Buys Another $126M in Bitcoin, Bringing Holdings to 6,796 BTC
Tokyo-listed investment firm Metaplanet has significantly expanded its Bitcoin treasury, acquiring an additional 1,241 BTC for approximately 18.4 billion yen ($126 million).
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Ramp and Stripe Announce Stablecoin-Backed Corporate Cards
Ramp, a US-based corporate card and financial operations platform, announced the expansion of its partnership with financial services company Stripe to launch the “industry’s first stablecoin-backed corporate cards with fully integrated spend management software.”
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