News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Meme coins CHILLGUY, GORK, and TURBO are showing explosive momentum, blending hype, narrative, and volume-driven breakouts.
Ripple is contributing $25 million in RLUSD and fiat to support teachers and classrooms through DonorsChoose and Teach for America, with an emphasis on educational resources and future financial literacy initiatives.
Ethereum, Virtuals Protocol, and Solayer are gaining traction this May, each driven by unique factors like upgrades and strong bullish patterns. Investors should keep an eye on their movements for potential gains.
Bitcoin pioneer Max Keiser warns that stablecoins’ growing influence could harm US economic stability. He predicts Bitcoin will hit $200K, triggering panic buying from governments and individuals.
PI Network (PI) shows early signs of a bullish reversal, with rising OBV and weakening sell pressure. If momentum continues, it could break the $1 barrier.
TRON’s USDT supply reached an all-time high of $71 billion, bolstered by millions of loyal TRX holders. Yet, its dependence on stablecoins raises concerns about limited ecosystem diversity.
- 00:45US SEC Delays Decision on Canary Capital's Litecoin Spot ETF ApplicationPANews reported on May 6 that, according to former Fox Business journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Litecoin (LTC) spot ETF application submitted by Canary Capital and initiated a public comment process, focusing on assessing whether the ETF meets regulatory requirements to prevent fraud and manipulation. The deadline for comments is May 26 (May 27 in East 8th Zone time), and the deadline for rebuttals is June 9 (June 10 in East 8th Zone time). This delay aligns with Bloomberg analyst James Seyffart's prediction yesterday that "it is highly likely they will choose to postpone making a final decision rather than directly approve or reject it."
- 00:44Tether issues $1 billion USDT on Tron chain as inventory replenishmentPANews May 6th news, according to Whale Alert monitoring, Tether Treasury issued an additional 1 billion USDT (worth approximately 1.001 billion USD) on the Tron network at 4:52 AM today. Tether CEO Paolo Ardoino later stated that this issuance is an "authorized but not issued" transaction, intended as inventory preparation for future issuance requests and on-chain exchanges, and does not represent an immediate entry into market circulation.
- 00:44Today's Fear and Greed Index Rises to 59, Market Sentiment in Greed StatePANews reported on May 6 that according to Alternative data, today's Crypto Fear and Greed Index rose to 59, up from 52 yesterday, indicating a shift in market sentiment to a "Greed" state.