Key Takeaways: Binance Pay now supports instant crypto-to-fiat payments through Brazil’s national Pix system. Over 174 million Brazilians can use crypto for everyday transactions across Pix’s vast network. The integration strengthens crypto adoption in Brazil, the world’s sixth-largest crypto market. Binance has integrated its payment service, Binance Pay, with Brazil’s Pix system, enabling real-time crypto-to-fiat payments for millions of users across Latin America’s largest economy. The new feature allows Binance users in Brazil to instantly convert digital assets into Brazilian reais and make payments to any Pix-compatible bank account or merchant, the exchange said in a May 20 press release . With support for over 100 cryptocurrencies, the integration brings digital currencies closer to daily use by embedding them into a payment network already trusted by over 174 million Brazilians. Brazil’s Pix Used by 76.4% of Population Pix, launched by Brazil’s Central Bank in 2020, has quickly overtaken traditional payment methods. According to official figures, it is now used by 76.4% of the population, surpassing both cash and debit cards in popularity. The platform processes roughly 6 billion transactions monthly. “This is a significant milestone for crypto adoption in Brazil,” said Guilherme Nazar, Binance’s regional vice president for Latin America. “For the first time, Binance Pay is fully integrated into a national payment system. It allows users to spend crypto in the same seamless way they use Pix daily — quickly, safely, and without complications.” Richard Teng, Binance’s CEO, called the move a “revolutionary step” that blends Brazil’s fast, government-developed Pix system with the global scale of Binance. “This synergy empowers users with real-time transactions and drives financial inclusion to new heights,” Teng said. Big news, Brazil! #Binance now supports Pix for payments and transfers in Reais! Pix is used by 174M+ Brazilians — and now it’s powering seamless crypto transactions on Binance across 100+ tokens. Real use case. Real adoption. Real impact. Don’t miss this epic video by… pic.twitter.com/DTkuv45Wvh — Rachel Conlan (@RachelConlan) May 20, 2025 Brazil ranks sixth globally in crypto adoption, with 17.5% of the population owning digital assets, according to Triple-A. A recent survey by Instituto Locomotiva for Binance further revealed that 42% of Brazilian investors already hold crypto, a figure on par with more traditional assets like stocks and investment funds. In April, Brazil made history by launching the world’s first exchange-traded fund (ETF) that tracks the spot price of XRP , Ripple’s native cryptocurrency. Named Hashdex Nasdaq XRP Fundo de Índice (FI), the ETF is managed by Brazilian asset manager Hashdex and administered by Genial Investments Securities Brokerage SA, with Genial Bank SA serving as custodian. Bhutan Taps Binance to Launch National Crypto Tourism Payment In another development, Bhutan has partnered with Binance Pay and DK Bank to allow tourists to pay for nearly all travel-related expenses using cryptocurrency. Tourists can now use digital assets to pay for flights, hotels, tours, visa fees, and even roadside purchases. The system, powered by Binance’s app, supports over 100 cryptocurrencies and enables real-time transactions via QR codes. Payments are instantly settled in local currency by DK Bank, eliminating the need for traditional banking systems, currency exchanges, or international cards—making travel more seamless and affordable for foreign visitors. More than 100 Bhutanese merchants, including rural artisans and small vendors, have joined the system, allowing even remote businesses to accept crypto payments through a simple smartphone. The post Binance Pay Integrates with Brazil’s Pix for Instant Crypto Payments Across LATAM’s Largest Market appeared first on Cryptonews .
Singapore 21 May 2025 – HTX, a leading global cryptocurrency exchange, unveiled its next-generation “Crypto Loans 2.0” product on May 19. This enhanced version brings a refined structure and superior user experience, featuring multi-asset collateral, a smart dynamic Loan-to-Value (LTV) model, instant fund access, flexible repayment options, and zero fees. To mark this significant launch, HTX has rolled out two exclusive promotions: “Borrow & Earn” #7, where users can share a massive 5,000,000,000 $HTX prize pool, and the “Millions in Rewards Plus Margin Power-up” event, which provides BTC loan interest rates as low as 0.09% and an extra 10% discount on USDT loans. Unlock Multiple Benefits with HTX Loan Products To celebrate the grand launch of Crypto Loans 2.0 and commemorate the 15th anniversary of Bitcoin Pizza Day, HTX is simultaneously launching “ Borrow & Earn” #7 and an exclusive limited-time margin promotion, delivering substantial rewards to our valued users. “Borrow & Earn” #7 runs from May 19 at 02:00 (UTC) to June 2 at 15:59 (UTC), featuring a total prize pool of 5,000,000,000 $HTX. Users simply need to borrow USDT using the Crypto Loans Flexible product during the event to earn a share of the $HTX prize pool, based on the interest paid — the more interest paid, the greater the rewards. Rewards will be credited to winners’ Spot accounts within 7 working days after the event ends. Concurrently, HTX has launched an exclusive margin promotion, “ Millions in Rewards Plus Margin Power-up ”, active from May 20 at 10:00 (UTC) to June 2 at 10:00 (UTC). For a single USDT loan of $1,000,000 or more, users can enjoy an extra 10% interest rate discount! This brings the annual interest rate down to as low as 3.9% (or 0.01% daily). There is no limit on borrowing frequency and each qualifying loan benefits from this generous discount. Don’t miss the Pizza Day 15th Anniversary Bonus! During the event, the top 10 users by cumulative loan volume will share 264,000,000 $HTX (worth $500). Register via the provided link to participate. Leverage these ultra-low interest rates to maximize potential returns and aim for substantial gains. Optimized Borrowing Experience with Multi-Asset Collateral Loan efficiency and asset liquidity have always been two major user-focused concerns. As a key highlight of this upgrade, HTX’s “Crypto Loans 2.0” introduces a multi-asset collateral mechanism, supporting over 20 mainstream cryptocurrencies as collateral assets, including USDT, BTC, ETH, TRX, DOGE, XRP, SOL, and AVAX. This significantly boosts users’ asset utilization efficiency. To further enhance the borrowing experience, HTX has expanded its loanable assets to include SOL, TON, and USDC, with USDC also available as a collateral option. Unlike the traditional single-asset collateral model, the multi-asset collateral mechanism allows users to unlock liquidity from their holdings while effectively reducing the risk of forced liquidation due to single-asset volatility. Another standout feature of this upgrade is HTX’s limited-time offer: an ultra-low 0.09% annual interest rate for BTC Flexible Loans, with borrowing limits up to 100 BTC. This remarkable rate represents a 555-fold reduction from the previous annual rate of over 5.0%, making it an exceptional deal. For example, borrowing BTC equivalent to approximately 1,000,000 USDT would incur a mere 2.37 USDT in daily interest — a truly remarkable saving. Crypto Loans 2.0 also offers the following advantages: ● Smart Dynamic LTV Mechanism : Interest rates adjust in real time based on market conditions, ensuring industry-leading competitiveness. Annualized interest rates for Flexible Loans include 3.9% for USDT, 2.4% for ETH, and as low as 0.09% for BTC. ● Flexible Term Options : Supports flexible configuration for both flexible and fixed terms (7/30/45/90 days). ● Instant Fund Access & Flexible Repayment : Borrowed funds are delivered instantly, interest accrues every hour, and users enjoy the freedom to repay at any time, ensuring optimal fund efficiency. ● Institutional-Grade Risk Control: Supports overcollateralized loans with leverage capped under 1X and tiered liquidation to safeguard accounts. Users retain all remaining collateral assets. ● Personalized 1-on-1 VIP Service: Delivers customized loan limits, flexible currency selections, and special discounted interest rates for SVIP users. Crypto Loans 2.0 is now live! Users can access it via the HTX website by clicking “Loans” > “Crypto Loans”, or through the HTX App by tapping “More” > “Crypto Loans”. Here’s how to get started: HTX’s Crypto Loans 2.0 leads the industry with its ability to boost capital efficiency, lower liquidation risk, provide flexible investment options, and allow multi-asset collateral. Moving forward, HTX will continue to enhance its lending products, pushing the platform’s financial services toward greater efficiency, lower barriers, and broader diversification. Try Crypto Loans 2.0 now to enjoy seamless borrowing, ultra-low interest rates, and access to massive prize pools. Make every digital asset your strategic liquidity advantage on the road to financial freedom. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or https://www.htx.com/ , and follow HTX on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com . The post HTX Celebrates Crypto Loans 2.0 Launch with Unprecedented Lending Benefits first appeared on HTX Square .
Shiba Inu (SHIB) has gone up by nearly 18% in the past month as meme coins have made a strong comeback after months of facing significant selling pressure. One trader thinks that SHIB’s weekly price action for the past four years or so anticipates an explosive move that could push it to uncharted territory. $SHIB remains one of the most unreal charts I have ever seen. No signs of a breakout, but when this breaks out, you'll want a piece of it. pic.twitter.com/keyjpoxnp9 — Joey Keasberry (@birdseye88) May 18, 2025 Crypto trader Joey Keasberry emphasized that Shiba Inu’s price chart shows “unreal” characteristics as it has been consolidating for nearly four years. Although there are “no signs of a breakout yet,” he emphasized that a bullish breakout could result in the kind of move that traders should not miss. Based on Joey’s chart, it would take a move above the $0.000050 to confirm a bullish breakout of this consolidation. Hence, this is a key level to watch to draft a Shiba Inu price prediction . Shiba Inu Price Prediction: Ecosystem Growth Supports a Favorable Outlook for the Token Shiba Inu is one of the best meme coins out there in terms of community strength. Its social media accounts are followed by millions and the project has attracted a significant number of developers who have created an entire ecosystem by using its layer-one blockchain. Thus far, they have launched a decentralized exchange called Shibaswap , non-fungible tokens (NFTs), blockchain-based games, and even a layer-two called Shibarium. Ecosystem growth has not been an issue for Shiba Inu. Yet, crypto investors have recently been more attracted to exotic new tokens like Fartcoin (FARTCOIN) and Brett (BRETT). Shiba Inu will likely emerge as a late winner in this latest bullish cycle alongside other well-established tokens with robust communities like Dogecoin (DOGE) and Floki (FLOKI). The daily chart shows that the price broke above a key resistance at $0.00001530 in the past few days but quickly retreated back into the ascending triangle as the selling pressure was strong after it crossed the 200-day exponential moving average (EMA). There are multiple key supports to watch including the 21-day and 50-day EMA, the triangle’s lower trend line, and the uptrend’s second-best higher high at $0.00001420. With so many support levels standing in the way of SHIB, the token’s outlook remains favorable despite this failed break. As meme coins’ outlook continues to improve, the hottest crypto presales in the market like SUBBD (SUBBD) will attract further attention from investors. SUBBD (SUBBD) Raises Nearly $500,000 to Launch its Decentralized Content Distribution Platform Content creators have struggled for years with unfair bans and unfavorable payment structures that have taken a significant chunk of their earnings. SUBBD (SUBBD) brings a tectonic shift to the industry by introducing a decentralized content distribution platform that offers a fairer arrangement and a less restrictive environment for influencers. With the help of blockchain technology, the platform enables the creation of AI-generated content that can generate passive income for content creators as well and, through the $SUBBD token, it gives influencers a say in the ecosystem’s roadmap and growth. SUBBD has already been embraced by more than 2,000 creators with a combined following of over 250 million fans. This will propel the demand for the $SUBBD token and will result in high returns for early buyers. To buy $SUBBD at its discounted presale price of $0.05545, head to the SUBBD website and connect your wallet (e.g. Best Wallet ). You can either swap USDT or ETH for this token or use a bank card to make your investment. The post Shiba Inu Price Prediction: Trader Says ‘Unusual Setup’ Could Trigger This Explosive Move appeared first on Cryptonews .
Dogecoin turned everyday people into millionaires during its remarkable rise. Now, there's buzz about a new player named XYZVerse. Some predict it could create billionaires in the next meme coin boom expected in 2025. What is driving this excitement around XYZVerse, and could it really outshine Dogecoin's legacy? Price Prediction for XYZVerse ($XYZ): Is a 30x Jump Possible? XYZVerse has entered the meme coin market at a time when community-driven tokens continue to dominate speculative trading. The rise of meme coins like PEPE, Dogwifhat, and Bonk proves that strong branding, viral marketing, and community engagement can drive massive gains. The broader market sentiment also plays a key role in XYZVerse’s potential. As the altcoin season is about to start, lower-cap meme coins are seeing increased investor interest. Given that XYZVerse is still in presale, it could benefit from this wave if it secures strategic exchange listings and maintains community hype post-launch. Key Strengths of XYZVerse in the Current Market: Strong branding with sports and influencer partnerships, broadening its appeal Deflationary mechanics (17.13% token burn) to reduce supply pressure Liquidity allocation (15%) to support stability after launch Community incentives (10%) fostering engagement and holding Price Prediction for $XYZ Current Presale Price: $0.003333 Projected Post-Presale Target: $0.10 (as per project’s estimates) Potential ATH (First 1-2 Weeks Post-Launch): $0.15 - $0.25 (if demand surges and listings drive FOMO) Long-Term Potential (6-12 Months): $0.20 - $0.40 (if the project secures major partnerships and listings) Buy $XYZ Early to Increase Its Profit Potential Realistic Expectations: Will XYZ Hit $0.10? A 30x jump from presale to $0.10 is possible but depends on: Strong Exchange Listings – If XYZVerse lands on major CEX platforms like KuCoin, OKX, or Binance, its price could skyrocket on launch day. Sustained Community Growth – Meme coins need viral momentum. If XYZVerse delivers on its sports influencer partnerships, it could drive massive social media engagement. Market Conditions – If Bitcoin and altcoins remain bullish, speculation-driven assets like XYZVerse tend to benefit. Is a 3000% Surge Possible for $XYZ? XYZVerse has the ingredients for a strong launch, but its long-term success depends on execution. If the team delivers strong marketing, high-profile listings, and real community engagement, the $0.10+ target, which is around 3000% from the current price, could be achievable. Invest in $XYZ Before It Surges Dogecoin: How a Shiba Inu Meme Became a $50 Billion Crypto Phenomenon Dogecoin began in 2013 as a light-hearted cryptocurrency. With a Shiba Inu meme as its logo, it was a fun alternative to serious coins like Bitcoin. Unlike Bitcoin's limited supply, Dogecoin is abundant, with no maximum limit and 10,000 new coins mined every minute. What started as a joke quickly gained followers. In 2021, its value soared, reaching a market cap over $50 billion. This surge was driven by social media buzz, especially from Elon Musk, and a booming crypto market. What makes Dogecoin special today? Its technology is simple. It's based on code similar to Bitcoin's, but transactions are faster and fees are lower. A strong community is one of its biggest assets. People enjoy its fun and friendly vibe. In the current market, some see Dogecoin as attractive due to its growth potential and active supporters. Others caution that its value depends heavily on hype and social media trends. Compared to coins like Ethereum with advanced technology and real-world uses, Dogecoin is seen by some as risky. Whether it will keep rising or fade away is uncertain, but its journey shows how digital coins can evolve. Conclusion While DOGE, PEPE, and MOG have soared, XYZVerse—the first all-sport memecoin—aims for 20,000% growth, potentially redefining success in the 2025 meme supercycle. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The rally shows no signs of slowing down. While overall market cap saw a slight 0.6% dip to $3.48 trillion, most of the top 100 coins have continued climbing – powered by growing institutional interest and a wave of favorable regulatory momentum. Total crypto trading volume remains strong at $123 billion, highlighting the market’s resilience and renewed investor confidence. TLDR: The crypto market continues the rally, despite the decrease in market cap; Bitcoin is in the green today, up 1.25% in 24 hours; Analysts highlight the strength of the market recovery; ‘Setting the Stage for New ATH’; Significant ETF inflows and regulatory developments fuel the rally; The rally seems sustainable, though short-term corrections and consolidations are possible. Why Is Crypto Up Today – May 21, 2025: Crypto Winners & Losers Compared to yesterday, when all the top 10 coins per market cap were green, one turned red today. Tron (TRX) fell 0.7% to the price of $0.2711. Founder Justin Sun tweeted out his support for US President Donald Trump on Tuesday, saying he’ll be attending the latter’s Gala Dinner. Cardano (ADA) is the day’s best performer. It’s up 3%, now trading at $0.7539. At the same time, Ethereum (ETH) appreciated 0.8%, now changing hands at $2,553. Its daily high is $2,635. Furthermore, after briefly hitting the day’s high of $107,831, Bitcoin (BTC) pulled back to the $106,500 level. Over the past day, it increased by 1.4%, trading at $106,533. Notably, this is its yesterday’s high, which it finally managed to hold. Also, the majority of the top 100 coins saw their prices increase. The highest gainer in this category is Stacks (STX) , having increased by 7.1% to $0.9106. Story (IP) fell the most among the red coins. It’s down 3.7% to $4.49 Overall, the crypto market rally continues to be fueled by the increase in institutional adoption, surge in Bitcoin ETF inflows, regulatory shifts, and ongoing macroeconomic relief following the easing of trade tensions. In turn, this has fueled risk-on sentiment. Furthermore, the regulation is currently favorable for crypto. All eyes are at the moment primarily on the US. The country’s Senate has voted to advance the GENIUS Act , which would regulate stablecoins at the federal level. The Senate advanced the GENIUS Act with a 66-32 bipartisan vote on Monday, marking a big step toward establishing federal regulation for stablecoins and digital currency oversight. #GENIUSAct #Stablecoins https://t.co/JmoPuWjKdf — Cryptonews.com (@cryptonews) May 20, 2025 However, the US Securities and Exchange Commission (SEC) Chair Paul Atkins faced questions from lawmakers on 20 May. They focused on the regulator’s handling of the fraud case involving Tron founder Justin Sun and a Donald Trump-linked meme coin. It remains to be seen if this will have a more pronounced impact on the market. Chairman Paul Atkins will testify before the House Appropriations Subcommittee on Financial Services and General Government today at 10 a.m. ET. A livestream will be available: https://t.co/QDPSVDHlCR — U.S. Securities and Exchange Commission (@SECGov) May 20, 2025 ‘Setting the Stage for New ATH’ According to the latest Glassnode report, BTC has hit a local high of $107,000, moving close to its all-time high of $109,000. This has led to a significant increase in capital inflows. It has pushed the Realized Cap above $900 billion, “for the first time, a historic milestone.” Only four trading days in history have recorded a higher daily closing price. The last weekly close of $106,500 was the highest ever. The coin is trading some 40% higher over the last six weeks, “highlighting how strong the market recovery has been,” the analysts say. Source: Glassnode Ruslan Lienkha, chief of markets at crypto platform YouHodler , has commented that BTC may have entered a consolidation phase, marked by accumulation. The current price action could be “setting the stage for another leg higher that could lead to a new all-time high.” He commented that the $90,000–$110,000 range is a key consolidation zone, as BTC has spent significant time within this range since November. “This suggests a high concentration of trading activity and order volume, which could reinforce the area as a strong support level. If this dynamic continues, Bitcoin will likely remain anchored in this range, even following the renewal of all-time highs, as it serves as a psychologically and technically important price corridor.” Lienkha noted the existing risk of a downside correction but added that the chances are “relatively low in the short to medium term.” While it’s too early to declare the beginning of a full-scale altseason, the executive says, Ethereum has seen notable outperformance. This is the result of internal factors, including the Pectra upgrade and the expansion of stablecoins on the network, supported by a favorable macroeconomic environment. Levels & Events to Watch Next After two days of unsuccessful attempts, BTC finally managed to break through the $106,000 level, rising above $106,500. More importantly, at the time of writing, it is holding that level. This shows how today’s brief high can become tomorrow’s price in the market’s push-and-pullback game. The coin couldn’t sustain the day’s high of $107,800. However, if it manages to surpass $107,000 and stay there, the next level to keep an eye on will be $108,786, after which it will likely be testing fresh all-time highs. Per Glassnode, the $2,400–$2,900 range is a crucial zone for Ethereum. This is both a resistance zone and a potential breakout level, “essential for maintaining upward momentum.” Source: Glassnode Moreover, the Fear and Greed Index has recorded a slight increase since this time yesterday, from 68 to 69, going deeper into the greed territory. As previously noted, this signals investor optimism, confidence, and willingness to take risks as a result of higher prices and trading volumes. That said, it can also lead to overconfidence and overvaluation, which typically precede a correction. Notably, the market continues to be fueled by significant investor interest and exchange-traded fund ( ETF ) inflows. On May 20, spot Bitcoin ETFs saw a net inflow of $329.02 million . This is its fifth consecutive day of inflows. The cumulative total net inflow reached $42.77 billion. Also, spot Ethereum ETFs recorded $64.89m in net inflows, for a third day of positive flows, resulting in the cumulative inflow of $2.59 billion. Additionally, major alternative asset manager Blackstone invested in BlackRock’s iShares Bitcoin Trust (IBIT) , thus entering the crypto space via an ETF. According to the 20 May filing, as of 31 March, Blackstone acquired 23,094 IBIT shares, 9,889 shares of the ProShares Bitcoin ETF (BITO) , and 4,300 shares of the ATM operator Bitcoin Depot Inc. (BTM) . According to a recent portfolio filing, Blackstone’s Alternative Multi-Strategy Fund disclosed holding 23,094 shares of the iShares Bitcoin Trust (IBIT) as of March 31. This marks the first time Blackstone has publicly reported a bitcoin-related position. https://t.co/EVhkd04vnw — Wu Blockchain (@WuBlockchain) May 20, 2025 Quick FAQ Why did crypto move against stocks today? While crypto has maintained its bull run, stocks went the other way under pressure from rising Treasury yields, ending six consecutive sessions of gains. The S&P 500 is down 0.39%, the Nasdaq-100 fell 0.37%, and the Dow Jones Industrial Average saw a decrease of 0.27%. With the rising concerns over inflation and interest rate hikes, investors seek refuge elsewhere. The stocks are pushed down by Trump’s efforts to pass a tax-cut bill that could add $3 trillion-$5 trillion to the government’s debt of $36.2 trillion. Is this rally sustainable? The rally seems strong. It is encouraged by strong fundamentals, primarily institutional demand, significant regulatory developments, and macroeconomic tailwinds. That said, there may be a potential regulatory shift ahead, as well as growing greed that could signal short-term corrections. Alternatively, the market could be seeing a consolidation period. The post Why Is Crypto Up Today? – May 21, 2025 appeared first on Cryptonews .
BitMEX co-founder Arthur Hayes is offering an update on the current holdings of his family office Maelstrom Fund. In a new interview on the Bankless YouTube channel, Hayes says the crypto portfolio of his family office is dominated by the two largest crypto assets by market cap. “Maelstrom [Fund] is about like 60% Bitcoin, 20% Ethereum. And then a lot of other shitcoins, term sheets of token deals and stuff. On my non-crypto stuff, it’s physical gold and gold miners. And treasury bills. That’s it.” Over the coming weeks, the BitMEX co-founder says Bitcoin ( BTC ) could appreciate by up to 138% from the current level before 2026. “I think we’re going to go on a run to like in the $150,000 to $200,000 range between now and sort of like maybe sometime in the summer. We will get some nasty correction and then I think we go to $250,000 on Bitcoin by the end of the year.” Bitcoin is trading at $105,070 at time of writing. On his price targets for Ethereum ( ETH ), Hayes says, “Ethereum… I think if we can get to $5,000 by the end of the year, I will probably be good. That will sort of reinvigorate people and maybe you know ETH gets to $10,000 or $20,000 by the end of the run. But I think that there’s a hard slog between here and $5,000 for ETH.” Ethereum is trading at $2,513 at time of writing. The BitMEX co-founder further says altcoins will also experience a bullish run. “There will be an alt season. It might not be the alts that you own. It might not be the overvalued venture capital high-FDV [fully diluted valuation] low-float piece of shitcoin with no clients coin that you own. But there will be new narratives, there always will be. There will be a new hot thing that everybody’s slinging on the decentralized exchanges.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto appeared first on The Daily Hodl .
Major asset manager VanEck has revealed a new private digital assets fund specifically for Avalanche -based businesses. The VanEck Purposebuilt Fund will launch on 10 June. According to the press release, the fund will utilize Avalanche-native real-world asset ( RWA ) products – including tokenized money market funds – to deploy the capital. The novel fund will provide the capital and support for liquid tokens, venture-backed projects, and scalable businesses that are building on the world’s 18 th -largest chain and launching tokens with long-term utility and value in mind. The projects will hail from across industries, including finance, payments, gaming , and AI . They’ll receive the investment either close to or after a Token Generation Event. Therefore, the company says that “the Purposebuilt Fund reflects VanEck’s conviction in the ‘GDP onchain’ thesis.” This means that blockchain “will eventually be core to global economic and financial systems and that the projects that align with this vision will be the most durable.” Excited to announce this! We have met a ton of great founders in the @avax in the past year. We want to be there to support them through a dedicated pool of capital. No memecoins, no vaporware…real GDP on chain. DM’s open! https://t.co/rxWcYoN2gu — Pranav (@vaneckpk) May 21, 2025 Additionally, Pranav Kanade, Portfolio Manager of VanEck Digital Asset Alpha Fund (DAAF), argues that real businesses, not additional infrastructure, will bring about the next wave of value for the crypto sector. Moreover, VanEck has noted “a growing concentration of serious builders” using the Avalanche network for real-world applications, generating economic activity onchain. These teams build in payments, FinTech, DeFi, RWAs, AI, and gaming. They’re also providing enterprise-grade products already adopted by Web2 platforms and traditional institutions. Meanwhile, the VanEck Purposebuilt Fund seeks capital appreciation through investments in digital assets with market capitalizations above $100 million. It may invest in RWAs, digital asset projects, and Avalanche ecosystem-related companies. It may also employ staking, yield-farming, and investments across centralized and decentralized platforms, the announcement says. You may also like: Fund Manager VanEck Moves to Launch First U.S.-Based BNB ETF Investment giant VanEck has officially filed for a spot Binance Coin (BNB) exchange-traded fund (ETF) in Delaware on March 31, marking the first attempt of its kind in the U.S.VanEck Prepares BNB ETF SEC Application as Next StepAccording to official public records from the state of Delaware, VanEck filed for a BNB ETF on March 31, initiating the process to establish a trust entity for Binance Coin (BNB). This registration, listed under number 10148820, serves as a preparatory... VanEck Sees ‘Shift From Speculative Hype To Real Utility’ The team behind the DAAF will also manage the new VanEck Purposebuilt Fund. The team says that DAAF is “one of the strongest-performing directional liquid token funds in the market.” It has over $100 million in assets under management. The team argues that one of the issues the crypto market faces is the difficulty for legitimate blockchain-powered businesses to “stand out in an environment dominated by short-term speculation. This distorts incentives, undermines token credibility, and slows real adoption.” The new fund aims to solve this, VanEck claims. Just announced, @vaneck_us is launching Purposebuilt, a dedicated fund to back real-world applications on Avalanche. This is a major signal of institutional conviction in Avalanche and the broader move to bring GDP on-chain. Full breakdown pic.twitter.com/fd5QouFGRL — Avalanche (@avax) May 21, 2025 Furthermore, John Nahas, Chief Business Officer at Ava Labs, described Purposebuilt as a pivotal moment for the ecosystem. It reinforces Avalanche as “the home for serious founders who are scaling real businesses and driving meaningful onchain adoption.” Per Nahas, there is “a shift away from speculative hype toward real utility and sustainable token economies.” Therefore, Purposebuilt’s goal is to “bring the kind of long-term capital and strategic conviction that builders need to lead that shift.” At the time of writing, AVAX trades at $22.65. It is up 2.8% in a day and 10% in a month. The price has decreased by 12% in a week and 44% in a year. The coin hit its all-time high of $144.96 in November 2021, falling 84% since. Meanwhile, the company notes that the VanEck Purposebuilt Fund and the VanEck Digital Assets Alpha Fund are not registered investment companies under the Investment Company Act of 1940 and not subject to the same regulatory requirements as mutual funds or ETFs. The announcement states that, as of 30 April 2025, VanEck managed $116.6 billion in assets, including mutual funds, ETFs, and institutional accounts. In March and April this year, it filed for Avalanche and BNB ETFs, respectively. In May, VanEck joined hands with Securitize , a company specializing in real-world asset (RWA) tokenization, to launch a US treasuries-backed tokenized fund on Avalanche, Ethereum, and Solana. You may also like: VanEck Files for Avalanche ETF in U.S. Despite Crypto Market Downturn VanEck, a prominent asset management firm, filed to launch an Avalanche ETF (AVAX) in Delaware on March 10, 2025, despite the recent downturn in crypto markets, aiming to attract institutional investors.This move, confirmed through official records, highlights the company’s strong interest in bringing institutional investment to Avalanche (AVAX).The Avalanche ETF filing follows VanEck’s previous registrations for Bitcoin, Ether, and Solana ETFs.The registration, filed under... The post VanEck Unveils Avalanche-Focused Digital Asset Fund Backing Real-World Apps appeared first on Cryptonews .
Hong Kong introduces a new stablecoin law, ensuring transparency and reliability. The regulation permits only stablecoins backed by legal currencies to receive licenses. Continue Reading: New Stablecoin Regulations Open a Fresh Era in Hong Kong’s Crypto Market The post New Stablecoin Regulations Open a Fresh Era in Hong Kong’s Crypto Market appeared first on COINTURK NEWS .
Key takeaways : SPX6900 price prediction suggests that the coin’s price can reach $0.956 by the end of 2025. By 2028, SPX may achieve a peak price of $2.55 and an average trading price of $2.39. In 2031, the target price for SPX is between $3.82 and $4.14, with an average price of $3.98. SPX6900 (SPX) functions primarily on the Ethereum network. The token was created as a meme to entertain wider audiences. It has no real connection with stocks, equities, or securities. SPX6900 generates interest through spot trading, market speculation, or perpetual and leveraged trading, the latter are not recommended for non-professionals because of their high risk. Early users confess to its credibility and remarkable price performance; however, the meme token still holds the interest of many investors. Starting as a non-serious venture, the SPX6900 coin established itself as one of the most high-ranking coins of the year 2024. It was initiated as a useless token but ultimately ended up earning profits in the millions. For example, over a month, SPX earned up to 9000% of return following its ascent through September 2024. What’s next for the meme token SPX6900 in 2025 and beyond? Let’s get into the SPX6900 price prediction and technical analysis. Overview Cryptocurrency SPX6900 Token SPX Price $0.739 (+1.19%) Market Cap $682.44M Trading Volume (24-hour) $18.34M Circulating Supply 930.99M SPX All-time High $1.72 Jan 19, 2025 All-time Low $0.001 Feb 04, 2024 24-hour High $0.7728 24-hour Low $0.7061 SPX6900 price prediction: Technical analysis Metric Value Price Volatility 16.65% 50-Day SMA $ 0.566973 200-Day SMA $ 0.679256 Sentiment Bullish Fear & Greed Index 70 (Greed) Green Days 13/30 (43%) SPX6900 price analysis: SPX coin seeks recovery above $0.739 SPX6900 price analysis confirmed an uptrend at $0.739. Cryptocurrency gains 1.19% of value. SPX coin prices target the next resistance at $0.882. On May 21, 2025, SPX6900 price analysis revealed an increasing trend for the cryptocurrency. Coin value has spiked up to $0.739 high in the past 24 hours. From an overall analysis, the currency has received up to 1.19% of a boost in the day. This creates favorable circumstances for the investors, as the bullish momentum is growing continuously. SPX6900/USD analysis on the 24-hour timeframe The one-day price chart of SPX6900 coin confirmed an upward trend in the market. The cryptocurrency value has stepped up to $0.739 high in the day. Green candlesticks on the price chart signify a rising bullish support. SPX ascends to $0.7396 The distance between the Bollinger bands defines the volatility. This distance is widening, leading to an increasing volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.882, whereby its lower limit, serving as the support, has moved to $0.452. The Relative Strength Index (RSI) indicator is present within the neutral area. The indicator’s value has launched up to index 59.08 in the past 24 hours. This increasing movement confirms a rising bullish pressure. If the buying activities continue to accelerate, a further upturn in the coin value is possible soon. SPX6900 analysis on the 4-hour chart The four-hour price analysis of SPX6900 coin confirmed a downward trend in the market. The SPX/USD value has dropped down to $0.7377 in the past few hours. The declining volatility signals a relatively lower chance of an upcoming reversal. Selling pressure increases for SPX6900 The Bollinger Bands are converging, leading to decreasing volatility. This decline in the volatility signals a lower market unpredictability. Moving forward, the upper Bollinger band has shifted to $0.770, indicating the resistance point. Conversely, the lower Bollinger band has moved to $0.652, securing the support. The RSI indicator is hovering within the neutral region for now. Its value has depreciated to index 55.30 in the past four hours. This decline represents a rising selling pressure in the market. The descending slope on the indicator’s graph signifies a growing instability within the market. SPX6900 technical indicators: Levels and action Daily simple moving average Period Value ($) Action SMA 3 0.636448 BUY SMA 5 0.668765 BUY SMA 10 0.703909 BUY SMA 21 0.64006 BUY SMA 50 0.566973 BUY SMA 100 0.560414 BUY SMA 200 0.679256 BUY Daily exponential moving average Period Value ($) Action EMA 3 0.632724 BUY EMA 5 0.590721 BUY EMA 10 0.546481 BUY EMA 21 0.519689 BUY EMA 50 0.552452 BUY EMA 100 0.62237 BUY EMA 200 0.593902 BUY What to expect from SPX6900 price analysis? SPX6900 price analysis gives out a bullish prediction regarding the ongoing market events. Coin value has increased up to a $0.739 high in the past 24 hours. Concurrently, the cryptocurrency has gained up to 1.19% of recovery in the day. Technical indicators as well as the price chart confirm a strong buying trend in the market. Is SPX6900 a good investment? Investing in SPX necessitates an evaluation of the SPX6900 market and its emphasis on adaptability. Despite the earlier price spikes and enormous price gains, investors are advised to exercise caution on account of the market volatility of meme coins. Earnings from SPX require long-term investment decisions, whether holding or trading, but in this dynamic market, risk management is primarily achieved through diversification and keeping abreast of developments. Why is SPX6900 up? SPX’s price increased to $0.738 during the last 24 hours. The buyers have rushed into the market again; moreover, the token’s market sentiment remains positive today. SPX’s nearest resistance levels is at $0.8826. Will SPX6900 recover? SPX6900 maintains the ongoing buying demand. If buyers continue to defend the immediate support levels and push the price above Fib channels, the recovery will continue. Will SPX6900 reach $2? SPX6900 may reach $2 in 2027. With the current price action, this seems quite possible, but the token is trending below $1. Will SPX6900 reach $3? Per SPX6900 price prediction, SPX has a chance of reaching $3 by 2029 if positive sentiment prevails. Will SPX6900 reach $5? To reach $5, SPX’s value will have to increase sixfold. Though not impossible, there are fewer chances of reaching this level by 2031. Does SPX6900 have a good long-term future? Long-term forecasts suggest a gradual increase in the value of SPX6900 over the next two years. Following this period, projections anticipate sustained upward price movement with a potential resurgence in 2029. By 2031, SPX6900 is expected to trade above $4, solidifying its position as a valuable long-term asset. Recent news/opinions on SPX6900 Some of the crypto influencers are bullish on SPX6900, like MustStopMurad, ApeToshi Aeon, and Maddox, a bestselling author and blogger known for “The Best Page in Universe” and tech stuff. On 25th April, Murad shared a video highlighting 150 reasons why SPX6900 will skyrocket, and recently Maddox shared a video on the same lines. However, such content should be taken with a pinch of salt. There is no other community that even comes close to it #SPX6900 $SPX https://t.co/ipo8fXNHJt — ApeToshi – Aeon💹🧲 (@Ape_toshi) May 1, 2025 SPX6900 experienced a significant positive market sentiment during April 2025. It gained more than 10% during this time while maintaining an average price just shy of $0.5, as per CoinMarketCap data. The RSI scores remained above index 50 most of the time, which proves the notion of bullish price action. In May, SPX6900’s price has surged above $0.5 at press time. SPX6900 price prediction May 2025 This month, SPX is expected to reach a high of $0.677, with an average price of $0.514 and a minimum trading price of $0.264. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction May 2025 $0.264 $0.514 $0.677 SPX6900 price prediction 2025 The price of SPX is predicted to reach a minimum value of $0.158 by Q4 of 2025. Traders can anticipate a maximum value of $0.956 and an average trading price of $0.423. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction 2025 $0.158 $0.423 $0.956 SPX6900 price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 1.17 1.33 1.49 2027 1.70 1.86 2.02 2028 2.23 2.39 2.55 2029 2.76 2.92 3.08 2030 3.29 3.45 3.61 2031 3.82 3.98 4.14 SPX6900 price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $1.17 and $1.49, with an average trading price of $1.33. SPX6900 price prediction 2027 The SPX price prediction climbs even higher into 2027. According to the projections, the price of SPX will range between $1.70 and $2.02, with an average of $1.86. SPX6900 price prediction 2028 According to our SNX price prediction for 2028, we expect a maximum price of $2.55, a minimum price of $2.23, and an average price of $2.39. SPX price prediction 2029 According to the SPX6900 price prediction for 2029, the price of SPX will range from $2.76 to $3.08, with an average price of $2.92. SPX6900 price prediction 2030 The SPX6900 price prediction for 2030 indicates the price will range between $3.29 and $3.61. The average price of SNX will be $3.45. SPX6900 price prediction 2031 The SPX6900 price forecast for 2031 is a high of $4.14. According to the SNX coin price prediction, it will reach a minimum price of $3.82 and average at $3.98. SPX price prediction 2025 – 2031 SPX6900 market price prediction: Analysts’ SPX price forecast Firm Name 2025 2026 DigitalCoinPrice $1.13 $1.35 CoinCodex $2.45 $1.43 Cryptopolitan’s SPX6900 price prediction Our forecast shows that SPX will achieve a high price of $0.956 near the end of 2025. In 2026, SPX will range between $1.17 and $1.49. In 2031, the cryptocurrency will range between $3.82 and $4.14, with an average price of $3.98. It is important to consider that the predictions can change at any time and are not investment advice. It is advised to do your own research and conduct detailed investment advice before investing in the volatile crypto market. SPX6900 historic price sentiment SPX6900 price history SPX6900 was launched in August 2023 with an opening price of $0.003 but remained under the radar for over a year. In October 2023, SPX6900’s value spiked to $0.023, which was a considerable growth trajectory, but still, it remained far from market attention. December of 2023 saw a low price of $0.008, which was quite low as compared to the price in October as per crypto market historical data. SPX6900 saw a stagnating price movement from January to May 2024, only to rise periodically to $0.015. In September 2024, SPX6900 gained an enormous 5600% from September 12 to October 14, reaching $0.913, resulting in a massive market capitalization. The token has been making higher spikes since November 7, 2024, after which its value has deteriorated. On November 21, SPX6900 stooped to $0.450, losing 50% of its value, which made holders cautious. However, the token regained its lost value and ended the year at $0.856. SPX6900 entered January 2025 with a price tag of $0.866, but it soon jumped to $1.55. It corrected strongly at the start of February, attaining an average price of $0.66, but came down to the 0.46 range in March. In April, SPX6900 was trending near $0.386 on the lower side, while at the start of May, it is trending near $0.51.
In a significant move within the cryptocurrency sector, The Blockchain Group (ALTBG), a publicly traded entity in Europe, has disclosed a capital enhancement of about €8.6 million (around $9.75 million).