Daily News (May 18)

24-Hour Crypto Prices:

BTC – $29,915.66 -1.7% πŸ“‰

ETH – $2,048.59 -1.4% πŸ“‰

BNB – $300.64 -2.4% πŸ“‰

Top Crypto Gainers:

GMT – $1.63 +9.8% πŸ“ˆ

CVX – $12.23 +7.0% πŸ“ˆ

LUNA – $0.00018480 +8.3% πŸ“ˆ

Top Crypto Losers:

UST – $0.088869 -7.6% πŸ“‰

MKR – $1,533.30 -6.3% πŸ“‰

MANA – $1.18 -4.8% πŸ“‰

Brazilian stock exchange B3 will launch bitcoin futures in the next 3-6 months. The plans were announced by CFO Andre Milanez during a conference call on Monday. Currently B3 offers crypto exchange-traded funds (ETF) in the Brazilian regulated market. 

The United Kingdom’s Department of Treasury will legalise stablecoins as a form of payment. During the Queen’s Speech, Prince Charles announced the introductions of new legislation β€œto tackle illicit finance, reduce economic crime and help businesses grow.” By legalising stablecoins, the Treasury aims to open up growth opportunities while ensuring continued financial stability with new technologies.

Robinhood will build a non-custodial wallet to give customers full control over their crypto and NFTs. According to the company, the new wallet will enable users to trade and swap crypto with no network fees. The wallet will replicate the no-fee model that Robinhood is famous for. 

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