China

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

Hyperliquid's recent deal involving USDC is expected to significantly boost the value of its HYPE token, according to analysts. This partnership may create competitive pressure on established players like Circle and Coinbase, potentially impacting their profit margins. The integration of USDC into Hyperliquid's platform could enhance liquidity and trading efficiency, attracting more users. Analysts suggest that this move positions Hyperliquid favorably in the evolving crypto landscape, challenging the dominance of traditional exchanges.

Read the full article: CoinDesk

Minnesota legalizes crypto custody services for banks, credit unions

Minnesota has officially legalized cryptocurrency custody services for banks and credit unions, allowing these financial institutions to hold and manage digital assets on behalf of their clients. The new law aims to enhance the security and legitimacy of cryptocurrency transactions within the state. Financial regulators in Minnesota will oversee the

Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

On May 18, analysts provided price predictions for various cryptocurrencies and financial indices, including Bitcoin (BTC), Ethereum (ETH), and XRP. The S&P 500 Index (SPX) and the US Dollar Index (DXY) were also highlighted, with expectations of potential market movements. Bitcoin is anticipated to test key resistance levels,

Bitcoin’s trend defining battle starts at the $74K support: Analyst

Bitcoin is currently facing a critical support level at $74,000, which analysts believe will be pivotal in determining its future price trend. If Bitcoin holds above this support, it may signal a bullish continuation, while a drop below could lead to further declines. Market sentiment remains cautious as traders

Revolut wants to take Dogecoin mainstream with its new physical payment card

Revolut is launching a new physical payment card that allows users to spend Dogecoin directly in stores and online. This initiative aims to make Dogecoin more mainstream by enabling seamless transactions using the popular cryptocurrency. The card will automatically convert Dogecoin into local currency at the point of sale, simplifying

Read more

Minnesota legalizes crypto custody services for banks, credit unions

Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

Bitcoin’s trend defining battle starts at the $74K support: Analyst

Revolut wants to take Dogecoin mainstream with its new physical payment card