Day: May 21, 2025

If You Own XRP, XLM & XDC: TRUMP’S 2025 CRYPTO JUBILEE WILL MAKE MILLIONS RICH! THIS HAPPENS NEXT…

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DOGE Jumps 4% as ETF Decision Delayed — What Now?

Key Notes Based on the historical chart patterns, crypto analyst Javon Marks forecasts a 215% surge to $0.73905. Grayscale’s Dogecoin ETF filing awaits a decision from the SEC, expected by June 17. Some crypto market analysts also predict a parabolic runup in DOGE, moving all the way to $6. Earlier today, the Dogecoin DOGE $0.18 24h volatility: 5.1% Market cap: $27.07 B Vol. 24h: $1.05 B price surged over 4%, moving all the way to $0.232, with daily trading volume surging 12% to more than $2 billion. This comes despite…

Crypto.com Exchange Acquires CySEC-regulated Broker, Plans to Offer CFDs in Q3 2025

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Cryptocurrency exchange Crypto.com has obtained a Markets in Financial Instruments Directive (MiFID) license through its acquisition of Cyprus-based A.N. Allnew Investments Ltd, the operator of LegacyFX trading brand, the company announced today (Wednesday). The acquisition, approved by the Cyprus Securities and Exchange Commission (CySEC), allows Crypto.com to offer a broader range of traditional financial products to eligible users across the European Economic Area (EEA), including securities, derivatives, and contracts for difference (CFDs). Crypto.com Acquires Allnew Investments, Secures MiFID License for European Expansion The move follows Crypto.com’s January 2025 acquisition of…

Bitcoin futures open interest hits $75B ATH as BTC price eyes $108K breakout

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Bitcoin futures open interest has surged to a record $75 billion, signaling heightened leveraged exposure as traders are eyeing a breakout above the key $108K resistance level — where a dense cluster of bearish short positions could trigger a massive short squeeze. Bitcoin (BTC) futures OI has reached a new ATH of over $75 billion, according to Coinglass data. Over the past 24 hours alone, total OI rose by 4.23%, signalling a strong buildup in leveraged positioning. Chicago Mercantile Exchange leads with $17.43 billion in OI, followed by Binance with…

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

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Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans to unlock efficient transactions for various market types, including stablecoin-to- BTC swaps, while maintaining the integrity of bitcoin’s trust model. Spark is designed to […] Original

Avalanche NFT Sales Hit 5-Month High — Is the Surge Real?

Key Notes Avalanche recorded a 200,000% rally in its NFT sales. Total NFT sales reached five-month highs. Avalanche also recorded the most expensive NFT sale in 24 hours. Avalanche AVAX $21.65 24h volatility: 2.4% Market cap: $9.03 B Vol. 24h: $343.15 M is seeing an impressive rise in its non-fungible token sales volume, mainly coming from a collection called XSY Deposit. XSY is the company behind the algorithmic stablecoin project Unity (UTY), which received a $5 million Pre-Series A funding. The XSY deposit fund movements are recorded as NFT sales…

Crypto.com secures EU license to launch crypto financial derivatives

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Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers across the region even more ways to engage with our platform through these new offerings,” said Crypto.com’s co-founder and CEO, Kris Marszalek. Source: Crypto.com The announcement followed Crypto.com receiving in-principle…

Kraken Grows EU Crypto Reach With New Cyprus License

Key Notes Kraken obtained a MiFID license via the acquisition of a Cypriot investment firm earlier this year. The license will grant Kraken more room to expand its crypto derivatives offering in the EU. Derivatives are now a major part of Kraken’s total trading and global crypto markets. Digital asset exchange giant Kraken has taken another step in its global strategy. According to the exchange, it has secured regulatory approval to offer crypto derivatives in the European Union. This follows a recently acquired license in Cyprus. Kraken Gains Ground in…

ETH Set to Surge? ETF Inflows and Golden Cross Spark Optimism

Key Notes Ethereum ETFs saw $64.8 million in inflows on May 20, with BlackRock’s ETHA ETF contributing $45 million. A golden cross pattern on the Ethereum price chart appears, signaling a strong bullish trend. On-chain data highlights a significant drop in Ethereum’s exchange reserves, signaling a tightening supply. Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B price continues to show greater strength with another 2% upside today, moving to $2,600. Amid strong institutional buying and chart patterns, market analysts are turning increasingly optimistic…