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5 days ago | 
coinpedia.org | Steve Muchoki
Solana (SOL) price has gradually followed the palpable rise of Bitcoin (BTC) and Ethereum (ETH) in the last few days. The large-cap altcoin, with a fully diluted valuation of about $89.8 billion and a 24-hour average trading volume of about $8.8 billion, recorded a 17 percent pump in the past week to trade about $173 on Friday, May 9, during the later North American trading session.
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5 days ago | 
coinpedia.org | Steve Muchoki
Dogecoin price has recorded a high correlation with Bitcoin, which is expected to experience a bullish acceleration in May. On-chain data shows that Dogecoin whales have been aggressively accumulating over the past few weeks. The recent Bitcoin (BTC) rally above $103k triggered the re-emergence of FOMO traders, especially in the memecoin space led by Dogecoin (DOGE).
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5 days ago | 
coinpedia.org | Steve Muchoki
The demand for Bitcoin by sovereign wealth funds has skyrocketed in the past few years. Bitcoin price is expected to record a parabolic rally in the coming months after regaining $100k again. The momentum for approving Strategic Bitcoin Reserves (SBRs) at the state level has gained significant traction after New Hampshire and Arizona led the way.
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5 days ago | 
coinpedia.org | Steve Muchoki
BlackRock has heavily invested in RWA tokenization to connect TradeFi and DeFi seamlessly. The U.S. SEC has a huge backlog of crypto ETFs applications but has been waiting for regulatory greenlight from the Congress. BlackRock Inc. (NYSE: BLK), a top-tier fund manager with over $10 trillion in assets under management (AUM), has made significant entry into the blockchain space and the wider digital asset industry.
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6 days ago | 
coinpedia.org | Steve Muchoki
Mashinsky was charged with misleading investors and customers about Celsius operations. Restructuring of Celsius protocol under a creditor-owned Bitcoin mining has been ongoing. Alex Mashinsky, the founder and former CEO of defund lending protocol Celsius (CEL), was sentenced to a 12-year prison term on Thursday, May 8. The United States District Judge John G. Koeltl at Manhattan’s Southern District noted that Mashinsky undertook a sweeping scheme to defraud investors.
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6 days ago | 
coinpedia.org | Steve Muchoki
The conclusion of the SEC vs Ripple case is a major milestone for the entire altcoin market amid the anticipated 2025 altseason. Ripple Labs has taken significant steps to grow the XRPL network amid crypto regulatory clarity in the United States. The United States Securities and Exchange Commission (SEC) filed a settlement agreement letter with U.S. District Court Judge Analisa Torres regarding the longstanding litigation against Ripple Labs. As a result, the SEC vs.
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6 days ago | 
coinpedia.org | Steve Muchoki
Wall Street experts forecast bullish acceleration in May for the wider crypto market led by Bitcoin. On-chain data shows whale investors are on a crypto shopping spree for heavily undervalued altcoins. The total crypto market cap gained more than 4 percent in the last 24 hours to hover about $3.25 trillion on Thursday, May 8, during the late North American trading session. Bitcoin (BTC) price surged over 5 percent to reach a local high of about $101,784.
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6 days ago | 
coinpedia.org | Steve Muchoki
The deal will be closed with $700 million in cash and 11 million in shares of Coinbase Class A common stock. The acquisition is subject to regulatory approval and is expected to close by the end of this year. Coinbase Global, Inc. (NASDAQ: COIN), a veteran cryptocurrency exchange based in the United States, announced that it has agreed to acquire Deribit, a top-tier derivatives exchange.
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1 week ago | 
coinpedia.org | Steve Muchoki
Robinhood’s Q1 earnings report showed that the company is heavily reliant on crypto trading, despite a drop in QoQ trading volume. The trading platform is likely to tap into Solana (SOL) and Arbitrum (ARB) chains for its planned development. Robinhood Markets, Inc. (NASDAQ: HOOD), an established electronic trading platform, is ostensibly planning to develop a blockchain tokenization platform to enable European retail investors to participate in the United States securities market.
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1 week ago | 
coinpedia.org | Steve Muchoki
The U.S. OCC has aligned with other agencies to issue clear crypto regulations under the Donald Trump administration. U.S. banks can now work with DeFi protocols to ensure a secure mainstream adoption of digital assets. The United States Office of the Comptroller of the Currency (OCC) announced on Wednesday, May 7, that national banks and federal savings associations can participate in crypto asset custody and trading services.
