Author: James Wilson

Hedera Hashgraph’s token extended its decline on Tuesday as both crypto and stock investors stayed on the sidelines ahead of the upcoming Federal Reserve announcement. Hedera Hashgraph (HBAR) price dropped for four consecutive days, reaching its lowest level since April 22. It has dropped by 15% from its highest point last week.  HBAR dropped as most cryptocurrencies pulled back, with their market cap dropping from over $3 trillion last week to $2.9 trillion today. Top American indices like the Dow Jones and the S&P 500 dropped by over 0.50%. This price action reflects caution from market participants ahead of the…

XOCIETY, a pop shooter with role-play gaming progression powered by Sui, is set to team up with German sportswear giant Adidas. XOCIETY announced on May 6 that its partnership with Adidas will introduce exclusive ALTS by Adidas content on the gaming platform. The Sui (SUI)-powered XOCIETY, which is backed by prominent investors including Hashed, Spartan, and KRAFTON, plans to leverage the partnership to enhance digital identity and gameplay interactions across its ecosystem.  ALTS by Adidas is an avatar-focused non-fungible token collection that features 20,066 unique digital avatars the company released in March 2023. The company has had notable crypto related…

Crypto markets saw 9.9% gains in April, led by Bitcoin, as tariff pauses boosted sentiment. Bitcoin (BTC) strengthened its dominance even as crypto markets are recovering. On Tuesday, May 6, Binance Research released a report on the state of the crypto markets in April. The report points out that the markets have recovered, gaining 9.9% over the month, largely thanks to pauses on tariffs. Despite the broader recovery, Bitcoin’s dominance has continued its steady rise, a trend ongoing since 2022. Currently, Bitcoin accounts for 63% of the total crypto market cap, the highest share since 2021. According to Binance Research,…

A high-profile House hearing on crypto regulation got testy Tuesday after House Democrats, led by Rep. Maxine Waters walked out in protest over President Donald Trump’s involvement in crypto. The joint hearing — organized by the House Financial Services and Agriculture Committees — was meant to discuss a new draft of market structure legislation that would divide oversight of digital assets between the Securities and Exchange Commission and the Commodity Futures Trading Commission.  But, for a moment, the debate on regulatory frameworks was interrupted and marked by political tension. Waters, the ranking Democrat on the Financial Services Committee, formally objected…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin approaches all-time highs as WinnerMining promotes cloud mining as a low-cost entry point for new investors. Bitcoin (BTC) continued its steady upward momentum over the weekend, holding key support levels and approaching important resistance levels. According to 24-hour trading data, the cryptocurrency maintained an upward trend of 1.42%, with the price reaching $95,275.85. Bitcoin has hit an important resistance level of $95,490.92 and has not lost its position. Investors expect it to continue to rise and set new…

RedStone has teamed up with Securitize to launch the first onchain price feed for Blockchain Capital’s $BCAP token on ZKsync Era.  The $BCAP feed represents a key milestone in the rapid growth of RWAs, a sector that has grown over 500% in the last year and now exceeds $20 billion in value, according to a company note shared with crypto.news. Despite this growth, tokenized assets have remained largely siloed from DeFi due to a lack of secure, real-time price feeds needed for lending, collateralization, and other use cases. RedStone (RED), the official oracle provider for Securitize, addresses this gap with…

21Shares has launched a new exchange-traded product offering investors regulated exposure to the Cronos blockchain and its native CRO token. The ETP is listed on Euronext Paris and Amsterdam under the ticker CRON. It carries a 2.5% management fee and is designed to simplify access to emerging Web3 infrastructure, according to a release on the matter. Cronos (CRO) is a Layer 1 blockchain built to support decentralized finance, NFTs, and AI-integrated Web3 applications.  Crypto.com Interoperable with both Ethereum and Cosmos, the network aims to bridge centralized and decentralized ecosystems.  It is developed with support from Crypto.com, which remains a key…

Cryptocurrency prices have pulled back this week as market attention shifts to Wednesday’s Federal Reserve interest rate decision. Bitcoin (BTC) has pulled back from last week’s high of $97,000 to $93,700, while Ethereum (ETH) remains below the $2,000 level. The total market capitalization of all cryptocurrencies has slipped to $2.9 trillion, with the crypto fear and greed index stuck at a neutral point. On the positive side, assets in spot Bitcoin ETFs have surged by $5 billion in the last two weeks, signaling that there is still demand from institutional investors.  Another positive is that analysts and Polymarket traders anticipate…

Dow Jones Industrial Average and the S&P 500 opened lower as U.S. stocks slipped again on Tuesday, May 6 amid ongoing tariff uncertainty. S&P 500 slid 0.8%, while Dow Jones Industrial Average futures dropped more than 300 points, or roughly 0.6%. Meanwhile, the Nasdaq Composite shed over 1.1% to lead the early losses for stocks, after a notable dump for futures. The shares of Nvidia, Meta Platforms and Tesla all opened more than 1% lower. Also down after premarket struggles were shares of Goldman Sachs, Lucid and Palantir. The lackluster performance comes as the market awaits the Federal Reserve meeting,…

Ledger users can now sell their crypto for fiat without leaving the company’s secure hardware wallet environment, thanks to a new integration with Web3 payments infrastructure provider Transak. The partnership expands beyond Transak’s existing on-ramp support to now include off-ramping for Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and other assets directly within the Ledger Live app on desktop and mobile, crypto.news can exclusively report. The integration allows users in more than 100 countries to convert crypto holdings into their local fiat currency through bank transfers and other supported payment methods. This marks a significant upgrade to Ledger Live’s ‘Sell’…