Author: CryptoGlobeToday.com

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action.  Summary Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again. Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week. XRP held its range while Algorand led altcoin gains with a strong daily advance. The wider crypto market stayed calm, while XRP held near $1.39 and Algorand led daily gains. Bitcoin traded near $78,402 after touching an intraday high of $78,963, according to live market data. The…

The recently hacked cryptocurrency exchange Grinex intends to compensate customers for stolen assets worth over a billion Russian rubles. The Kyrgyzstan-based coin trading platform is best known for helping Russia circumvent Western sanctions imposed over its invasion of Ukraine. Grinex promises compensation for those affected by massive hack The largest exchange in the Russian-speaking segment of the crypto market, Grinex, has decided to pay clients for assets lost in a hacking attack last month. The Kyrgyz-registered platform was breached in mid-April with the unknown perpetrators draining an estimated 1 billion rubles’ worth of cryptocurrency. The funds, currently worth over $13…

TLDR: LINK trades at $9.20, gaining 1.13% daily despite a 1.75% weekly pullback in a weak market structure Whale activity shows phased redistribution of LINK holdings, signaling steady supply rotation 24-hour volume near $179M reflects active participation amid ongoing consolidation phase Market structure remains range-bound as liquidity shifts between exchanges and private wallets Chainlink (LINK) trades at $9.20 with $179,867,749 in 24-hour volume, reflecting a 1.13% daily gain despite a -1.75% weekly decline. Chainlink whale activity continues to shape market structure as large holders redistribute millions of tokens during consolidation.  This mix of price recovery and ongoing supply shifts keeps…

TLDR Gemini secured approval from the U.S. Commodity Futures Trading Commission for a derivatives clearinghouse license. The license allows Gemini to clear and settle trades internally without relying on external providers. Gemini aims to expand into the prediction market sector and compete with platforms like Kalshi and Polymarket. The company plans to offer a full trading ecosystem including futures, options, and event-based contracts. Gemini shares increased by about 7% following the announcement of the approval. Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally…

Exponent Finance, a Solana-based yield exchange, has raised $5 million in a seed funding round as it prepares to expand its platform into broader yield infrastructure. Multicoin Capital led the round, with Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain participating, along with angel investors such as Solana Labs CEO Anatoly Yakovenko and Solana Foundation’s head of institutional growth Nick Ducoff, Exponent said Thursday. The startup began fundraising for the round in May last year and closed it in August, co-founder and CEO Thomas Lefort told The Block. The funding was raised in a single tranche and structured as a…

Strategy’s CEO has promoted its high-yield STRC stock as a way to cover personal expenses, drawing attention to the risks tied to its dividend structure. Summary Phong Le has promoted STRC as an income source for everyday expenses, citing its 11.5% variable dividend while acknowledging he invested $250,000 personally. Company disclosures from Strategy state dividends are not guaranteed and can be suspended, with no assurance of principal repayment. Le said about 80% of STRC holders are retail investors, identifying them as individuals managing mortgages, utility bills, and other financial obligations. According to comments made by Phong Le on Natalie Brunell’s…

TLDR Senator Thom Tillis said the Clarity Act is ready to move toward a Senate Banking Committee hearing. Lawmakers resolved several banking industry concerns over stablecoin reward provisions in the draft bill. Tillis urged the committee chair to proceed with a markup in mid-May. The Senate faces a tight legislative calendar with limited weeks before midterm campaign demands. Industry representatives welcomed signs of progress and called for swift committee action. Senator Thom Tillis said the Senate may soon advance the Digital Asset Market Clarity Act toward a committee hearing. He stated that negotiations with banking groups have resolved many disputes…

TLDR: Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked. Holders of 250+ tokenized stocks and ETFs can now participate in proxy voting through Broadridge’s network. Voting recommendations are weighted proportionately based on each token holder’s onchain ownership stake. Ondo tokenized stocks are live on Solana, Ethereum, and BNB Chain, backed by Binance, MetaMask, and Ledger. Ondo Finance has announced a partnership with Broadridge to bring proxy voting to holders of tokenized stocks and ETFs. Through this integration, holders of over 250 tokenized products can now access corporate governance tools. Broadridge…

TLDR Polymarket has asked the CFTC to lift its ban on U.S. traders. The company held recent discussions with CFTC officials about restoring access. The trading restriction followed a 2022 settlement with the regulator. The CFTC must vote before Polymarket can reopen its main exchange to U.S. users. Chairman Michael Selig currently serves as the only sitting commissioner. Polymarket has approached the Commodity Futures Trading Commission to restore access for U.S. traders to its main exchange. Bloomberg reported that company representatives held recent discussions with CFTC officials about lifting the existing ban. The restriction followed a 2022 settlement, and the…