Crypto News

Gold prices reached another all-time high during early Monday hours, blasting past the $3,400 per troy ounce mark. Gold futures contracts reached prices of $3,405,94 on COMEX, surpassing the record numbers achieved on April 17. The precious metal has been in a rush this year, scoring an intraday rise of $71 (+2.15%) and setting itselfSource link

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's (BTC) recent range play resolved bullishly early Monday, shifting focus to the $90,000-$92,000 range, which was previously a strong support zone.The leading cryptocurrency by market value rose past $87,000, convincingly breaking out of a week-long consolidation between $83,000 and $86,000. The renewed willingness among the bulls to lead the price action indicates the resumption of the recovery from the April 7 lows under $75,000.It also means potential for a continued move higher to the $90,000-$92,000 range, which acted as the floor, arresting price drops from December to early February. The support zone was eventually breached in late February, spurring a rapid decline to under $75,000.The...

N1, a layer 1 blockchain backed by Founders Fund, has announced the launch of its first testnet, inviting developers to request access via direct message. Designed to support applications and horizontal scalability, N1 aims to streamline performance by avoiding consensus in most cases, allowing for unordered and asynchronous transactions by default. This approach enhances scalabilitySource link

Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network on Tuesday — the company’s “next product move” — from its plush New York City headquarters, high on the 87th Floor of One World Trade Center.The launch event is aimed at banks, fintechs, payment service providers, remittance providers and USDC strategic partners. It will feature Circle CEO Jeremy Allaire sharing his vision for the stablecoin giant’s next move within the payments space, according to an invite seen by CoinDesk.New and incipient regulations around the globe are opening up the stablecoin space, where Circle has shared the limelight with larger rival Tether. It makes sense then that Circle — a firm that...

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen. With thisSource link