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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post
Donald Trump, once a Bitcoin skeptic, declares support for crypto in Truth Social post

Shortly before his scheduled address at the Libertarian National Convention, former President Donald Trump declared he’s feeling “positive and open-minded” to the cryptocurrency industry. Trump had previously expressed distrust of cryptocurrencies, but has changed his opinion as part of the 2024 election cycle and following a Trump-branded NFT project.

The Block·2024/05/25 22:01
TD Cowen says Ethereum ETFs clear the way for more crypto funds
TD Cowen says Ethereum ETFs clear the way for more crypto funds

Fresh from the approval of spot Ethereum ETFs, the major investment bank sees approval of other funds, such as a fund that tracks a basket of coins, as only a matter of time, though the SEC’s internal approach to crypto hasn’t changed.

The Block·2024/05/25 20:13
Flash
  • 11:41
    Analysis: The consolidation phase of Bitcoin prices will soon end, ushering in a price breakthrough
    Since Bitcoin fell from its historical high of over $73,800, the price of Bitcoin has been broadly consolidating between $53,000 and $72,000. However, according to technical chart patterns and various indicators, Bitcoin's consolidation may be about to end as the price could be on the verge of a breakout. Cryptocurrency analyst Rekt Capital said that after achieving a bullish weekly close on October 27th, Bitcoin might soon break out of its consolidation phase. Historically speaking, Bitcoin peaks between 518 and 550 days after halving. The analyst added that although the post-halving consolidation period is long,"Bitcoin still accelerates for about 35 days within this cycle." "Therefore,the longer bitcoin consolidates after halving,the better it resynchronizes with traditional halving cycles." The volatility index for bitcoin shows that expectations for a bitcoin price breakout still exist.
  • 11:25
    USDT is officially launched on Aptos
    Aptos announced on Twitter that USDT has officially launched on Aptos.
  • 11:23
    Solana's market value surpasses PayPal
    According to 8marketcap data, Solana's market capitalization has reached $83.63 billion, with a 2.35% increase in the past 24 hours. It has now surpassed payment giant PayPal (with a market value of approximately $83.52 billion), ranking it 252nd in global asset market value rankings.
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