Author: Benjamin Lee

Donald Trump’s official memecoin (TRUMP) is skyrocketing after the President offered to have dinner with its top holders. In a new announcement, the top 220 TRUMP holders are invited to a Gala dinner event with the President on May 22nd at his private national golf club in Washington, D.C. “The Top 220 TRUMP owners will be joining President Trump for a Gala dinner. Our leaderboard updates hourly in real time. Your TRUMP coin count puts you in the running. The competition is fierce.” News of the special dinner event sent TRUMP flying, as the digital asset went from a low…

Avalanche (AVAX) recently shattered a significant resistance level, rising to highs of $23. The retreat from the barrier that had previously capped its upward momentum might offer bears some hope. But could bulls maintain the pressure and target the key hurdle of $40 next? Avalanche’s recent price action follows a period of consolidation. While optimism remains, the AVAX token has dipped to near support with price around $21. Notably, AVAX traded in a tight range between $18 and $20.50 after bouncing off lows of $14.5 seen earlier in the month. The breakout to above $23 came amid Bitcoin’s spike to…

Crypto firms are now waiting to hear back on 72 active applications for new crypto-related exchange-traded funds (ETFs). James Seyffart, an ETF analyst at Bloomberg Intelligence, compiled the list of submissions to the U.S. Securities and Exchange Commission (SEC). ETFs awaiting approval include funds tied to Solana (SOL), XRP (XRP), Sui (SUI), Litecoin (LTC), Axelar (AXL) Hedera (HBAR), BNB, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Aptos (APT), Chainlink (LINK), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MELANIA) and Bonk (BONK). Other potential new ETFs are tied to a basket of currencies, and a few are based on Bitcoin (BTC) and/or Ethereum (ETH), assets that have already…

Payments giant PayPal is reportedly going to start offering customers yield on its proprietary stablecoin product. According to a new report by Bloomberg, PayPay is planning on offering rewards to users of their stablecoin PayPal USD (PYUSD) as a means of increasing its usage. The report says that the program is expected to launch sometime during the summer, though no specific date was mentioned, and would allow users of both PayPal and Venmo to earn 3.7% annually on PYUSD holdings in their crypto wallets. The rewards – which accrue on a daily basis and get paid out monthly – will…

Binance customers can now trade the brand new native altcoin of a permissionless interoperability protocol. The top global crypto exchange airdropped Hyperlane (HYPER) to qualified users this week and then listed the asset for trading on Tuesday. HYPER is the 15th project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Hyperlane bills itself as an interoperability protocol for cross-chain communication across different blockchain environments. “Hyperlane is the first permissionless interoperability layer that allows smart contract developers to send arbitrary data between blockchains. Developers can use Hyperlane to move tokens, execute…

Aergo price has dived 12% as Bitcoin and top altcoins rally. The AERGO token falls amid profit-taking after a staggering 300% surge. Bears could eye levels below $0.20. Aergo price has dipped further as profit-taking holds, with the altcoin declining even as most altcoins rose in the past 24 hours. These losses come after a staggering 300% surge for AERGO seen earlier this month. The token has nosedived despite a major network update. “With AERGO 2.7.0, smart contract verification enters a new era. By embedding AI-powered auditing directly into the platform, AERGO ensures contracts are not only deployed faster but…

A crypto trader says a mid-cap altcoin flying under the radar looks primed to repeat Chainlink’s (LINK) blistering rally during the 2020 bull cycle. Pseudonymous analyst Inmortal tells his 231,800 followers on the social media platform X that he’s bullish on the native asset of the layer-2 scaling solution Mantle (MNT). According to Inmortal, MNT appears to be mirroring Chainlink’s consolidation from 2019 to 2020, which preceded LINK’s ascent from a low of $1.36 to a high of $53 – a whopping 3,797% explosion. “MNT gives me early LINK vibes. Many people think the bull market is over, but there…

South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday. The DeepBook project is a decentralized central limit order book (CLOB), which is what exchanges use to facilitate buying and selling between traders by recording bids and offers. Says the project, “Built as a permissionless central limit order book, DeepBook works as a neutral trading floor with a set of built-in mechanisms to enable DeFi (decentralized finance) on Sui.…

Flare (FLR), Bittensor (TAO) and Ondo Finance (ONDO) are top gainers with between 17% and 28% spikes in 24 hours. Altcoins have soared amid broader market’s reaction to US President Donald Trump’s tariff pause. Bitcoin (BTC) is looking for support above $80k. Flare, Bittensor and Ondo Finance are among top gainers in the cryptocurrency market’s top 100 by market cap. The altcoins, which have soared between 17% and 28% in the past 24 hours, have benefitted from the broader market’s reaction to US president Donald Trump’s tariff pause. Notably, FLR, TAO and ONDO are rising as Bitcoin (BTC) seeks a…

Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure. The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier. Tariffs and other market conditions weigh on investor sentiment. Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins with an impressive 97% over the past 24 hours. In a price rally that put it on top of the daily gainers’ list, XCN shot up to an intraday high of $0.017. The performance bucks the downward pressure that has seen Bitcoin (BTC) and Ethereum…