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broke a new all-time high at $110,771.68, reaching levels higher than those on January 20.
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Chainlink ( $LINK ) price may be on the verge of a breakout to $20 as exchange outflows rise and ecosystem growth continues. #Crypto #Chainlink #markets #CoinectraX Chainlink, the largest provider of oracle services, was trading at $16 on Wednesday — up 60% from its lowest point this year.
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The U.S. Securities and Exchange Commission has filed a lawsuit against cryptocurrency firm Unicoin Inc. and several of its top executives, accusing them of defrauding investors out of more than $100 million through misleading and unregistered securities offerings. #Crypto #News #SEC According to a May 20 complaint filed in the Southern District of New York, the SEC alleges that Unicoin and its leadership, CEO Alex Konanykhin, board member Maria Silvina Moschini, and former chief investment officer Alex Dominguez, made false claims while promoting “rights certificates” tied to a future token, Unicoin. The company marketed these certificates as asset-backed instruments, supposedly tied to a multi-billion-dollar real estate and pre-IPO equity portfolio. In reality, the SEC claims, the assets backing Unicoin were worth only a fraction of what was advertised. Of the real estate deals highlighted in Unicoin’s promotional materials, spanning Argentina, Thailand, and the Caribbean, many never closed, and their combined value was estimated at no more than $300 million. The SEC also disputes Unicoin’s claims that it raised over $3 billion from investors. The agency alleges that actual sales amounted to roughly $110 million, gathered from more than 5,000 investors worldwide. Additionally, Unicoin reportedly touted its offerings as SEC-compliant or “U.S. registered,” even though the certificates were never officially registered and failed to meet exemption requirements under federal securities law.
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Bitcoin ( $BTC ) futures open interest has surged to a record $75 billion, signaling heightened leveraged exposure as traders are eyeing a breakout above the key $108K resistance level. #Crypto #Bitcoin #CoinectraX
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XRP price has slowly formed a bullish pattern, pointing to an eventual rebound as whales buy and negotiations with Circle continue. Ripple $XRP was trading at $2.33 on Tuesday, down 12% from its highest point this week. #Crypto #XRP #CoinectraX #Circle
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Solana ( $SOL ) price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range. #Crypto #Solana #market #CoinectraX The price of Solana rose more than 3% in the 24-hours, up from a 6% dump the previous day. Latest gains during early trading during the U.S. session on May 20, 2025, come as Solana-focused research and development firm Anza unveiled a major consensus protocol change. While SOL signalled the potential for a bearish flip when price broke below the $170 level, buyers have held above $165. The broader picture is that the altcoin‘s price remains within the $160-$180 range, which previously held as bulls recovered to rally to highs near $260. Meanwhile, total value locked in protocols on Solana has increased from lows of $7 billion in April to above $10 billion.
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Bitcoin(BTC) Drops Below 111,000 USDT with a Narrowed 2.40% Increase in 24 Hours
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Solana's Bull Flag Pattern Suggests Potential Rally Amid Cautious Market Sentiment
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SEC Delays Decision on 21Shares Spot Ethereum ETF Proposal
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BNB Drops Below 680 USDT with a Narrowed 1.35% Increase in 24 Hours
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