Crypto News

Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key
Crypto Sarah Chen

SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key

SoFi Technologies shares surged 17% last week after launching its SoFiUSD stablecoin. The stock closed at $18.22 with a market cap near $25.1B.

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XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
Crypto Sarah Chen

XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty

XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.

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XRP Recovers Above $1.30, Faces Key Resistance at $1.40
Crypto Sarah Chen

XRP Recovers Above $1.30, Faces Key Resistance at $1.40

XRP rebounded above $1.30 to near $1.34, up 1.63% in 24 hours with $2.46B volume. Key support and resistance levels stand at $1.20 and $1.40.

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Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration
Crypto Sarah Chen

Bitmine Stock Gains on $12.3B Crypto Holdings and Russell Index Consideration

Bitmine shares edged up 1% as the company revealed $12.3 billion in crypto and investments, including 5.39 million ETH, and was included on FTSE Russell's draft list for index additions.

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SoFiUSD Stablecoin Launch Drives Premarket Stock Surge
Crypto Sarah Chen

SoFiUSD Stablecoin Launch Drives Premarket Stock Surge

SoFi shares rose 4.9% premarket after launching SoFiUSD, a stablecoin available to 15 million members via its banking app.

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CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap
Crypto Sarah Chen

CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap

CME Group will begin round-the-clock crypto futures and options trading on May 29, closing the weekend gap and ending a popular arbitrage strategy.

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XRP Recovers Above $1.32 After Testing Key Support Level
Crypto Sarah Chen

XRP Recovers Above $1.32 After Testing Key Support Level

XRP recovered to $1.32 after briefly falling under $1.30, as traders assess support. CME Group announced 24/7 crypto futures trading starting May 29.

CME
MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts
Crypto Sarah Chen

MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts

MARA Holdings shares fell 2.1% as bitcoin slid 1.7%, underscoring the company's continued sensitivity to crypto prices despite its AI push.

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Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Crypto Sarah Chen

Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus

Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.

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SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
Crypto Sarah Chen

SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach

SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.

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SoFiUSD Stablecoin Launch Lifts Shares as SoFi Tests Blockchain Payments
Crypto Sarah Chen

SoFiUSD Stablecoin Launch Lifts Shares as SoFi Tests Blockchain Payments

SoFi shares climbed to $16.17 after launching SoFiUSD stablecoin for nearly 15 million members, with plans to list on Bullish exchange by end of June.

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Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Crypto Sarah Chen

Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip

Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.

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