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Cryptocurrency News Articles
BlockDAG Extends 2x Offer Ahead of June 13 GO LIVE Reveal, Cronos Gains Traction with U.S. Trust Launch
May 23, 2025 at 01:00 am
Investor sentiment often pivots on timing, and in crypto, timing is everything. Stellar is showing signs of tightening price action as
Despite the recent market downturn, crypto projects continue to innovate and attract investors. In this report by crypto.news, we delve into Stellar's price chart consolidation, Cronos's attention-grabbing U.S. trust launch, and why BlockDAG's extended 2x offer and $0.0020 presale price make it a top pick.
Stellar price chart signals consolidation
The Stellar (XLM) price chart is showing signs of consolidation, with the asset trading within a narrow range that suggests an upcoming shift in market momentum. In recent sessions, after holding key support levels, XLM has formed a base that could act as a launchpad for its next move.
The Stellar (XLM) price chart is showing signs of consolidation, with the asset trading within a narrow range that suggests an upcoming shift in market momentum. In recent sessions, after holding key support levels, XLM has formed a base that could act as a launchpad for its next move.
As the chart above shows, traders are closely watching the price action, as historical patterns show that such tightening ranges often precede decisive breakouts. Moreover, volume trends indicate cautious participation, hinting that larger moves may depend on macro sentiment or technical confirmation. A breakout above immediate resistance could unlock higher levels, while a breakdown would suggest further cooling in the short term.
As the chart above shows, traders are closely watching the price action, as historical patterns show that such tightening ranges often precede decisive breakouts. Moreover, volume trends indicate cautious participation, hinting that larger moves may depend on macro sentiment or technical confirmation. A breakout above immediate resistance could unlock higher levels, while a breakdown would suggest further cooling in the short term.
Overall, the Stellar price chart remains one to monitor for potential opportunities. As such, as consolidation continues, all eyes are on whether bulls or bears will define the next chapter in XLM's technical narrative.
Canary CRO Trust launches, offering regulated access to U.S. investors
In other news, Crypto.com has partnered with Canary Capital to launch the Canary CRO Trust, the first U.S.-regulated investment vehicle providing exposure to CRO, the native token of the Cronos blockchain. Through this partnership, the initiative offers accredited investors a streamlined avenue to engage with the Cronos ecosystem.
This new venture arises from the increasing demand from U.S. institutional investors for access to digital assets in a compliant manner. Canary, a leading private investment firm, will manage the trust, while Crypto.com, a major cryptocurrency exchange and DeFi platform, will provide the token economic expertise.
The trust will be structured as a variable trust, designed to track the market performance of CRO. This allows investors to gain exposure to the token's price movements without the complexities of direct cryptocurrency ownership, which is typically limited to sophisticated investors due to regulatory hurdles.
The trust will be structured as a variable trust, designed to track the market performance of CRO. This allows investors to gain exposure to the token's price movements without the complexities of direct cryptocurrency ownership, which is typically limited to sophisticated investors due to regulatory hurdles.
The move also aligns with Crypto.com's broader strategy to bridge the gap between traditional finance and digital assets, enhancing the accessibility and legitimacy of blockchain investments.
Technically, Cronos, built using the Cosmos SDK and compatible with the Ethereum Virtual Machine (EVM), supports a wide range of decentralized applications. As a result, its dual compatibility facilitates scalability and low transaction costs, making it an attractive platform for developers and users alike.
BlockDAG's strategic timing sets it apart as June 13 Reveal nears
While Stellar holds its ground through consolidation and Cronos makes regulatory progress with its new trust, BlockDAG is capitalizing on investor demand through action. The extension of its 2x offer ahead of the GO LIVE Reveal is not just well-timed, it reflects a project responding to market momentum with clear intent. With the $0.0020 presale price still in play, a confirmed 20-exchange listing, and strong presale stats backing it, BlockDAG positions itself as more than just potential.
The project, focused on blockchain gaming and metaverse integration, has already raised over $261.5 million and sold 21 billion coins. Despite these figures, BlockDAG is extending its limited-time “Double Your BDAG” offer for an additional 7 days following overwhelming demand.
The offer allows investors who’ve already contributed $200 or more to double their BDAG holdings by paying only 50% of their original amount. Consequently, for some, this opens the door to 4x total allocations when reinvested, creating significant leverage just before the project’s global listing rollout.
This final extension is not a marketing tactic; it’s a response to real buying pressure from investors seeking a larger stake before the price floor resets. For those watching from the sidelines, the next seven days could be the last chance to gain a major position at the $0.0020 rate.
Click here to learn more about BlockDAG.
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