Crypto.com has unlocked a major milestone in Europe, a license that allows it to offer derivatives and securities within the European Economic Area (EEA.) The company shared on Wednesday, May 21, that it has secured a Markets in Financial Instruments Directive (MiFID) license after receiving regulatory go-ahead for its acquisition of Cyprus-based investment firm A.N. Allnew Investments Ltd. This approval came directly from CySEC, Cyprus’ financial watchdog. What does this mean for Crypto.com? The new license means Crypto.com can now offer crypto derivatives, securities, and other investment products to eligible users within the EU. The move opens up the European market for the exchange, allowing it to operate without legal repercussions. The license also reflects Crypto.com’s commitment to improving ties with regulators. Earlier this year, the trading platform received its Market in Crypto Assets (MiCA) license, which allowed it to offer its services to European customers. While MiCA governs crypto… Read More at Coingape.com
Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark another step toward broader mainstream adoption of crypto assets through traditional financial instruments. Stay tuned for further updates.
The post Canary Refiles with New Name for Solana ETF Push appeared first on Coinpedia Fintech News
Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark …
The $KOPS ICO is officially underway, with a unique outlook that focuses on early engagement and incentivized participation. The project is built on the Binance Smart Chain, boasting fast transactions and zero trading fees.
Over 9000+ members have joined the endeavor, working steadily towards the development team’s set goal of 10,000 members. According to official reports, the first phase is intended to attract and reward early adopters, with elements in place to encourage user participation.
$25 Buy-In Leads to Shareable Referral Code
In a bid to encourage wider use, the project has embraced a $25 buy-in entry point. Upon spending this minimum to buy $KOPS tokens, an automatic referral code is generated.
Any future purchase with that referral code will reward the first member. Referral mechanism is the foundation for KOPS’ viral expansion plan and brings natural value to initial community members.
The team has mentioned that this model is a means to reward activity without resorting to such measures as normal advertisement. The scheme also indicates that the team is keen on not letting bot activity get in the way, so all interactions are real.
This anti-spam approach is supported by a closed-access policy. Participants must join the official Telegram community to access essential elements, including referral tools and contest entry requirements.
UGC Contest Offers 85M KOPS of Incentives
To once more boost engagement, the team has launched an 85 million $KOPS valued user-generated content (UGC) contest. Users can post memes, videos, or thread-based content to compete for various tiers of rewards.
The top content creator will receive 20 million $KOPS, the second and third creators will receive 10 million and 5 million, respectively. In addition to this, 30 million tokens will also be distributed among 20 up-and-coming creators.
Another 5 million will be awarded through community voting, and 15 million tokens are reserved for unique, funny, or viral entries. This format encourages creative freedom, and one quality submission could result in a substantial token reward.
However, every contestant must first complete an official entry form before submitting content. All valid submissions must be posted under the designated UGC Contest Topic within the Telegram group.
Any entries posted elsewhere will not be considered. After submitting the entry form, each participant receives a KOPS Profile Card delivered to their provided Telegram username.
Early Participation Aligned with Platform Development Strategy
The contest will run for 30 days, and early participants are encouraged to make strategic submissions. This move is aligned with an overall strategy by the development team to organically grow and gain momentum in a competitive memecoin market.
Despite overall market tough times, the $KOPS project continues to grow, with an identified target user and community development in progress. UGC contest and referral system each support the other to give multiple points of interaction.
Overall, users sign up and invite their friends, or post for the contest, and the community develops through direct interaction. Meanwhile, the fact that tools are only accessible by being part of the official Telegram community keeps the users involved and informed throughout.
With the community already having well over 9000+ members, only 1000 more are required to reach the team’s 10,000-user high. These structured participation methods are the lifeblood of building the platform’s foundation. Every referral and piece of content created during this time counts towards user growth and token payout, directly associating effort with the potential for reward.
How to Participate in The ICO?
The Kingdom has officially launched the ICO, and you can start accumulating the $KOPS. Many experts suggest that after the listing, the token has the potential to explode by 1000x. Participating in the massive ICO event could help you make a fortune for life. Follow the steps provided on the official site and make KOPS yours.
The post Small Stake, Huge Reward: KOPS ICO’s $25 Buy-In Could Make You a Referral Millionaire appeared first on Coinpedia Fintech News
The $KOPS ICO is officially underway, with a unique outlook that focuses on early engagement and incentivized participation. The project is built on the Binance Smart Chain, boasting fast transactions and zero trading fees. Over 9000+ members have joined the endeavor, working steadily towards the development team’s set goal of 10,000 members. According to official …
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup.
Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This shows how fundamentally strong SUI crypto is, and that is why it is trying to sustain above important Fibonacci levels.
In Q2 2025, the SUI price has stayed in a higher-highs and higher-lows structure and followed the 20-day EMA band dynamic support. Technically, the SUI seems poised for a run. Even experts are positive that soon it will break its $5.37 high and reach a target beyond $11.
Moreover, the recent market capitalization of $13 billion reflects its increasing significance in the market. Importantly, the Q1 correction appears much like a calculated retest and not a breakdown when seen in Q2 of 2025.
Also, all the price points on both short and long-term charts still respect the key structural points. Even on-chain metrics support its bullish narrative. Keep reading to know more.
SUI Price Builds Bullish Momentum, Eyes Higher Price Targets
In a recent analysis, an expert highlighted the resilience of the SUI crypto, which has successfully maintained its Inverse Head & Shoulders breakout after surpassing the neckline around $3.65 to $3.75.
With the current price hovering around $3.89, SUI continues to hold above essential support levels, reinforcing a bullish outlook.
#SUI Update: Bullish Structure Intact – Retest in Progress$SUI is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, price pushed up to $3.94 and is now pulling back — retesting the breakout zone.
Maintaining a position above the $3.65 to $3.70 range is vital for confirming the strength of this bullish setup, while a drop below $3.60 could invalidate the positive pattern.
While another analyst says on the weekly chart, the SUI price has been moving within this ascending wedge pattern, with consecutive impulsive waves to the upside.
The analyst, based on his technical perspective, highlights that SUI is getting ready for its next major move, and per his SUI price projection he projects an target upto $11.50 next.
Social Volume and Development Activity Hints Optimism for SUI crypto
The social volume indicates a continuation of the ongoing short-term trend, and a rise in the social volume also indicates the rising awareness regarding SUI crypto.
Furthermore, the development activity reflects the level of activity in the form of ongoing projects and developments in the crypto. The developer’s activity shows that it is on the rise, which means the number of pure developments on its GitHub repository is increasing with time.
Both these metrics are important factors that highlight the long-term reliability of a project.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup. Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This …
BitMEX co-founder Arthur Hayes is back with a sharp take on the crypto market, revealing his portfolio and laying out bold predictions for Bitcoin, Ethereum, and altcoins in a new interview.
Speaking on the Bankless YouTube channel, Hayes gave a full rundown of his family office Maelstrom Fund’s strategy and warned of some turbulence ahead – even as he remains confident in a strong bull run.
Inside Maelstrom Fund: Bitcoin and Ethereum Lead the Way
Hayes said that the Maelstrom Fund is largely anchored by the two biggest cryptocurrencies.
“Maelstrom [Fund] is about like 60% Bitcoin, 20% Ethereum. And then a lot of other shitcoins, term sheets of token deals and stuff,” he said.
As for his non-crypto assets, Hayes is holding physical gold, gold mining stocks, and treasury bills. He sees this mix as a way to balance high-risk opportunities in crypto with more traditional, stable investments.
Bitcoin’s Big Run: $250,000 by Year-End?
With Bitcoin trading at $106,480 (may differ), Hayes is bullish, predicting a surge to $150,000–$200,000 by summer 2025, a potential 90% jump.
But brace for impact: he expects a “nasty correction” before Bitcoin rockets to $250,000 by the end of 2025. His confidence stems from market cycles and macroeconomic trends, though he didn’t shy away from the volatility ahead.
Ethereum’s Uphill Battle and Altcoin Wildcard
Ethereum, now at $2,528 (may vary), faces a tougher road. Hayes pegs $5,000 as a key milestone by year-end, potentially reigniting hype that could push ETH to $10,000 or even $20,000 at the cycle’s peak.
Hayes expects a vibrant season for altcoins driven by fresh narratives and decentralized exchange gems, but warns against overhyped, high-FDV tokens with no traction. Only the innovative will shine.
Its ‘decentralized‘, fixed-supply nature positions it as a digital alternative to gold, hedging against fiat collapse.
A Market to Watch
Hayes’ analytics and Maelstrom’s actions signal a dynamic crypto transformation. Will his predictions hold? Investors are all ears in this highly volatile crypto market.
The post Arthur Hayes Warns of Harsh Bitcoin Correction, Reveals Portfolio Strategy appeared first on Coinpedia Fintech News
BitMEX co-founder Arthur Hayes is back with a sharp take on the crypto market, revealing his portfolio and laying out bold predictions for Bitcoin, Ethereum, and altcoins in a new interview. Speaking on the Bankless YouTube channel, Hayes gave a full rundown of his family office Maelstrom Fund’s strategy and warned of some turbulence ahead …
Meme coins have had a slow day despite the broader market showing bullishness. However, small-cap token Rekt managed to post gains, leading the joke tokens.
BeInCrypto has analyzed two other meme coins for investors to watch, assessing their potential direction and what trends may follow.
MELANIA’s price surged 7.4% in the last 24 hours, driven by anticipation surrounding the upcoming TRUMP dinner. As a meme coin tied to US President Donald Trump’s wife, MELANIA, is likely to react to events involving Trump, reflecting investor sentiment and speculation around political developments.
The meme coin is forming a bullish RSI divergence, which signals potential upward movement. This suggests MELANIA could break the $0.37 resistance level, continuing its rise and possibly reaching $0.42. The price action indicates growing optimism among investors, who expect further upward momentum based on recent trends.
However, MELANIA faces challenges if the broader market downturn persists. Should the price fail to hold above the $0.34 support, the altcoin could experience a decline, potentially slipping to $0.31. A sustained downturn would invalidate the bullish outlook, prompting profit-taking and further price weakness.
MUBARAK price is up by 14% over the last 24 hours, preparing to breach the critical $0.0667 resistance level. The Parabolic SAR indicator positioned below the candlesticks provides a bullish outlook for the meme coin, suggesting that upward momentum could continue as it approaches the key resistance.
If MUBARAK manages to breach the $0.0667 barrier, it is likely to rise towards the $0.0885 resistance level. This move would signal continued gains for investors, reinforcing the current bullish sentiment and offering opportunities for further profit-taking as the price reaches new highs in the near term.
However, MUBARAK has previously struggled to breach the $0.0667 resistance level, which may pose a challenge again. If the price fails to break above this level, MUBARAK could fall back down to $0.0435. In such a scenario, the meme coin could consolidate above this support level, potentially delaying any further upward movement.
REKT has emerged as the best-performing meme coin today, posting a 24.5% rise, trading at $0.000000262. The bullish momentum is driven by strong investor interest, with over 78% of its 17,525 holders owning more than $10 worth of REKT. This indicates solid support for the token’s continued uptrend.
The strong backing from investors is essential for REKT’s upward movement. Currently facing resistance at $0.000000286, breaching this level will allow the meme coin to move toward $0.000000330. A successful breakout above this resistance will likely drive further investor confidence and fuel the ongoing bullish trend.
However, if REKT fails to break through the $0.000000286 resistance, it could fall back to $0.000000199. This would reverse the recent gains and invalidate the bullish outlook. The failure to overcome this resistance level may lead to profit-taking by investors and a pullback in price.
Americans now own more Bitcoin than gold, with approximately 50 million Americans holding Bitcoin compared to 37 million owning gold.
The trend of viewing Bitcoin as a reserve asset alternative to gold is growing. Bitcoin is becoming integral to the US’s economic plans, purchasing policies, and financial systems.
Bitcoin Surpasses Gold in US Ownership
A May 20 report from Bitcoin investment firm River emphasizes that the US is leading the way in Bitcoin adoption, with significant investments and infrastructure supporting its dominance. Bitcoin’s outperformance over gold in American ownership marks a significant milestone, signaling a major shift in public perception of investment assets.
America is the global Bitcoin superpower. Source: River
The report also highlights that the US is at the forefront globally in adopting Bitcoin, with 40% of global Bitcoin companies headquartered there. Also, American firms account for 94.8% of all Bitcoin owned by publicly traded firms worldwide.
This reflects the US’s strong investment in Bitcoin infrastructure, from startups and ETFs to policies supporting cryptocurrency.
Another noteworthy point is the trend of considering Bitcoin as a modern reserve asset alternative to gold. River’s report shows that Bitcoin is becoming an “underestimated pillar” of American economic dominance.
With 790 billion USD worth of Bitcoin held by Americans, Bitcoin is not just an investment asset. It is also integrated into the nation’s economic plans and financial systems.
“Bitcoin is an underestimated pillar of American dominance. Americans have a larger estimated share of the bitcoin supply than of global wealth, GDP, or gold reserves.” River stated
Nearly 50 million Americans own Bitcoin, while the number of gold owners is almost 37 million. Source: River
Growing confidence in Bitcoin is reinforced by factors such as the ease of digital storage and transfer and expectations that the US might establish a strategic Bitcoin reserve, as proposed by some politicians. This indicates that Bitcoin is gradually reshaping how Americans perceive safe-haven assets during economic uncertainty, surpassing the traditional role of gold.
Moody’s US credit downgrade ends a century of top ratings, boosting Bitcoin’s appeal as a hedge against fiscal instability.
However, this shift also raises questions about sustainability and risks. While Bitcoin is considered a safe haven asset, its price volatility may make some investors cautious.
Symbiotic, the Universal Staking protocol, today announced the launch of Relay, its SDK. The new coordination layer lets any protocol verify and settle stake across any chain without having to deploy custom infrastructure or build a staking system from scratch.
With Symbiotic Relay, developers can plug into Symbiotic in 200 lines of code and unlock something previously impossible: the ability to use stake from any ecosystem to verify protocol decisions on any chain, whether or not Symbiotic is deployed there. This makes it easy to build bridges, oracles, rollups, or risk protocols that are secured by real stake and verifiable anywhere their users are, without having to bootstrap a validator set, trust a multisig, or sacrifice decentralization.
Symbiotic Relay was a core development focus behind Symbiotic’s recent $29M Series A funding round led by Pantera Capital, with participation from Coinbase Ventures and over 100 angels from leading teams, such as Aave, Ether.fi, Polygon, Starkware and others. This launch marks a major milestone in Symbiotic’s mission to redefine Proof-of-Stake for a modular, cross-chain world. The need for such infrastructure is underscored by the increasing trend of multichain development; according to Electric Capital’s 2024 Developer Report, 34% of monthly active crypto developers are now contributing to projects across multiple blockchains, up from less than 10% in 2015. Symbiotic Relay takes Universal Staking from an abstract idea to practical infrastructure that developers can implement quickly and use to build secure, multichain-native protocols out of the box.
“Until now, building a secure multichain protocol meant choosing between trusted relayers or expensive, bespoke infrastructure,” said Algys Ievlev, co-founder of Symbiotic. “Relay solves that. It gives builders a way to use real stake to verify real outcomes across chains without making tradeoffs on cost, security, or developer experience. We believe this will become the default way protocols coordinate across chains.”
Symbiotic makes staking programmable: any protocol can define its own validator set, choose how voting power is calculated, configure custom slashing or rewards logic, and use that security across chains, with a modular stack. Relay is a key piece of that architecture.
Teams building fast-finality rollups, generalized bridge networks, and decentralized insurance layers are already exploring Symbiotic Relay to power multichain verification with shared security. These use cases were previously limited to siloed, single-chain deployments or required extensive custom infrastructure.
Symbiotic went live on mainnet earlier this year and has already secured over $1B in active stake across 14 networks. The launch of Symbiotic Relay unlocks support for dozens of additional chains and execution environments that previously couldn’t access Symbiotic’s security and positions Symbiotic as the coordination layer for a modular, multichain world.
About Symbiotic
Symbiotic is a universal staking protocol that provides a modular coordination framework for the blockchain ecosystem. It enables protocols to evolve their security models over time and unlock entirely new economic primitives. Backed by Paradigm, Pantera Capital, Coinbase Ventures, cyberFund, and over 100 angel investors, Symbiotic is currently live on 14 networks and expanding to a total of 35, with additional networks in various stages of integration. For more, visit website.
Crypto US stocks are in focus today as Galaxy Digital (GLXY), MARA Holdings (MARA), and Riot Platforms (RIOT) each present key developments and price movements.
GLXY continues to face volatility after its Nasdaq debut, while MARA shows strength with a 27.88% gain over the past 30 days. RIOT, meanwhile, expanded its credit line with Coinbase to $200 million, reinforcing its growth strategy. Analysts remain bullish on all three names, with strong upside targets and favorable ratings across the board.
Galaxy Digital (GLXY)
Galaxy Digital (GLXY) closed yesterday with a sharp 7.36% drop but is showing modest recovery in pre-market trading, up 1.5%. The company made its long-anticipated Nasdaq debut on May 16, opening at $23.50 per share.
CEO Mike Novogratz described the listing process as “unfair and infuriating,” marking the end of a years-long effort to enter U.S. markets.
Notably, Galaxy is already working with the SEC on tokenizing its shares, aiming to integrate them into DeFi applications. Despite the milestone, the timing coincided with the disclosure of a $295 million Q1 loss, adding pressure to investor sentiment.
Technically, GLXY is down 6.77% since its Nasdaq debut and is hovering near key support levels. If bearish momentum persists, the stock could slide below $22, marking new all-time lows.
However, if the early pre-market strength continues and a broader rebound takes shape, GLXY may attempt to retest resistance at $22.24.
A decisive move above this level could pave the way toward $23.61 and even $25, but the company will likely need a strong fundamental catalyst—such as progress on tokenization or regulatory clarity—to sustain an upward trajectory.
MARA Holdings (MARA)
MARA is up 27.88% over the past 30 days and has held above the $15 level since May 9, showing resilience despite short-term pullbacks. It closed yesterday down 0.80% and is down another 0.68% in pre-market trading.
Analyst sentiment remains cautiously bullish: Seven out of 17 analysts rate it a “Strong Buy,” nine suggest holding, and only one recommends a “Strong Sell.”
The average 12-month price target is $20.27, indicating a potential upside of 25.2% from current levels.
Financially, MARA reported Q1 2025 revenue of $213.9 million—an increase from $165.2 million the year prior—driven by a 77% jump in the average Bitcoin price. However, Bitcoin production declined due to the halving, and the company posted a net loss of $533.4 million, primarily due to end-of-quarter price volatility.
Despite this, MARA expanded its BTC holdings to 47,531, a 174% year-over-year increase. Technically, MARA maintains a bullish EMA structure, but the narrowing gap suggests caution. If momentum fades, the stock could test support at $15.25, with further downside risk to $14.47 or even $12.63.
A renewed uptrend could see it pushing toward resistance levels at $16.69, $17.30, and potentially $17.86.
Riot Platforms (RIOT)
Riot Platforms (RIOT) closed yesterday with a mild decline of 0.45% and is down another 1.23% in pre-market trading. The company recently announced a major financial move, doubling its credit line with Coinbase to $200 million.
According to CEO Jason Les, the expanded facility aims to enhance Riot’s financial flexibility, support strategic initiatives, and reduce capital costs.
Operating mining facilities in Texas and Kentucky, along with engineering hubs in Colorado, Riot is positioning itself as a vertically integrated Bitcoin infrastructure platform.
Market sentiment around RIOT remains strongly bullish. Of 17 analysts covering the stock, 15 rate it a “Strong Buy,” with a one-year price target averaging $15.54—representing a potential upside of 74%.
From a technical perspective, RIOT faces resistance at $9.09; a breakout above this level could lead to gains toward $9.47.
Conversely, if the $8.82 support level breaks, the stock may fall to $8.40 or even $8.05, especially if selling pressure intensifies.
MultiBank Group, known globally as the largest regulated financial derivatives institution, is entering a new chapter with the launch of its digital asset platform, MultiBank.io, and its Ethereum-based utility token, $MBG. With over two million clients across 25 global offices and an average daily trading volume of $35 billion, the Group’s expansion into crypto is now positioning it to bridge the gap between traditional finance and the Web3 economy. MultiBank: What’s special? As the crypto industry evolves, so too does the profile of its users. MultiBank Group is one of the few entities in the world with both the regulatory credentials and infrastructure to serve both retail and institutional users — and now, to offer them access to compliant, utility-driven crypto products under one unified brand. The Group’s upcoming token, $MBG, launches with real utility from day one, including the ability to: Pay fees across MultiBank platforms and receive cashback… Read More at Coingape.com
This is a healthy retest, keeping… 
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