#NewsTrade #Boooooooommmmmm #CryptoRoundTableRemarks Here are some of the latest crypto news updates:
Market Updates
- *Bitcoin Price*: Bitcoin is currently trading at $102,651, with a 1.22% decrease. Profit-taking is expected near $106,000 before potential new all-time highs.
- *XRP Price*: XRP has hit two-month highs, with breakout momentum pointing to a $3 target. XRP has also surpassed USDT in market cap.
- *Dogecoin Price*: Dogecoin traders predict a 180% DOGE price rally if Bitcoin's gains continue, driven by a bullish pattern on the weekly chart.
Regulatory News
- *SEC Chair*: SEC Chair Paul Atkins has unveiled plans to remake rules on crypto securities, signaling a shift from enforcement-first policy to clear rulemaking.
- *Dubai Crypto Payments*: Dubai has partnered with (link unavailable) to enable crypto payments for government services, aiming for 90% cashless transactions by 2026.
Adoption News
- *Coinbase in S&P 500*: Coinbase is set to join the S&P 500 index on May 19, becoming the first crypto company to be included.
- *Anchorage Digital Acquisition*: Anchorage Digital has acquired stablecoin issuer firm Mountain Protocol, bolstering its stablecoin offerings.
Other News
- *Curve Finance DNS Hijack*: Curve Finance has warned that its DNS has been hijacked again, with onchain security firm Blockaid advising users to avoid interactions until the issue is resolved.
- *ZKsync Hack*: The X accounts of ZKsync and Matter Labs were hacked, with attackers attempting to crash the ZK token by falsely claiming a US probe.
$BTC $XRP $SOL