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Bitcoin hits record close; Trump endorses crypto; Texas launches Bitcoin reserve bill.
Over $550 million liquidated as Bitcoin whipsaws back to $110k
CryptoSlate - Crypto derivatives wiped out more than $551 million in positions over the past 24 hours, according to Coinglass, with nearly 72 percent of the losses hitting long traders.The shake-out forced 162,994 traders out of their positions. The largest single hit was a $9.53 million BTC-USDT swap order on OKX. Longs accounted for about $395.5 million of the […] The post Over $550 million liquidated as Bitcoin whipsaws back to $110k appeared first on CryptoSlate.
Venom Foundation Achieves 150k TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet Upgrade
DailyHODL - May 23rd, 2025 – Abu Dhabi, UAE The Venom Foundation has successfully completed a closed?network stress test of its next?generation protocol, which is capable of completing 150,000 transactions per second (TPS) and finalizing all transfers in under three seconds. The implementation of this upgrade is set to occur in Q3? 2025 and make Venom one […] The post Venom Foundation Achieves 150k TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet Upgrade appeared first on The Daily Hodl.
Strive Targets Mt. Gox Claims in Bid for Discounted Bitcoin Exposure
cryptoDNES - Strive Asset Management, co-founded by entrepreneur Vivek Ramaswamy, is taking a strategic approach to growing its Bitcoin holdings—by acquiring distressed crypto claims rather than buying directly from the market. The post Strive Targets Mt. Gox Claims in Bid for Discounted Bitcoin Exposure appeared first on CryptoDnes EN.
Ethereum’s May 7 Pectra Upgrade Spurs 50% Surge to $2,700, Surpassing $1,900 Realized Price and $2,400 Market Mean
TheDefiant - Ethereum's Pectra upgrade went live on May 7, marking the most important update since The Merge
Trump Endorses Bitcoin and Crypto at Gala Dinner, Backed by Galaxy Digital CEO Mike Novogratz
TheDefiant - Mike Novogratz, CEO of Galaxy Digital, stated that growing support for Bitcoin from the Trump administration is contributing to a rise in its price
Binance’s CZ denies WSJ report that he acted as a ‘fixer’ for Trump’s WLF
Cryptopolitan - Changpeng Zhao (CZ), founder and ex-CEO of Binance has denied allegations made by The Wall Street Journal (WSJ) that he acted as a “fixer” for former President Donald Trump’s crypto venture, World Liberty Financial (WLF). The claims were made in a report published on March 13, which Zhao claims is riddled with “inaccuracies” and is […]
Trump threatens 50% tariff on EU starting June 1 as trade talks stall
Cryptopolitan - President Donald Trump announced Friday that the United States will impose a 50% tariff on all goods imported from the European Union, starting June 1, citing a complete breakdown in negotiations with the 27-member bloc. Trump made the announcement on Truth Social, writing, “I am recommending a straight 50% Tariff on the European Union,” and […]
Binance spot to futures ratio reaches levels not seen since 2023
Cryptopolitan - Binance showed a sharp increase in futures trading, signaling a shift to risk-taking and more greed from traders.
Institutional Investors Pull Back from U.S. Stocks – Here is Why
cryptoDNES - Despite a recent rebound in the stock market, institutional investors are showing increasing caution toward U.S. equities, signaling a dramatic shift in global investment strategy. The post Institutional Investors Pull Back from U.S. Stocks – Here is Why appeared first on CryptoDnes EN.
Ripple Price Analysis: What XRP Needs to Break Out of Consolidation
CryptoPotato - XRP has been showing signs of quiet accumulation within a broader consolidation structure. As of today, it continues to trade below major resistance zones but is building a compelling technical structure that could precede a significant move if confirmed by volume and momentum shifts. Technical Analysis The USDT Pair Looking at the XRP/USDT pair, the […]
WLD Soars 31% as Sam Altman’s World Network Lands $135M in Fresh Funding
CryptoPotato - a16z and Bain are backing Worldcoin’s AI-proof human verification play with a $135M bet despite unresolved privacy law clashes.
Melania Trump Uses AI to Narrate Her New Memoir
Decrypt - The U.S. First Lady’s AI voice model was created “under her direction and supervision” by start-up ElevenLabs.
Bitcoin Hits Highest Daily Close in History on May 21, Surpassing Previous Day
TheDefiant - Bitcoin reached its highest daily closing price in history on May 21, 2025, marking a new milestone for the cryptocurrency
Germany Misses Up to $2.8 Billion Selling Nearly 50,000 Bitcoin at $54K-$57.6K as Price Doubles Over $104K
TheDefiant - In mid-2024, the German government sold approximately 49,858 Bitcoin at an average price around $54,000 to $57,600 per coin
China Accelerates Digital Yuan and Gold Weaponization Since April 2 to Challenge U.S. Dollar and Develop Stable Digital Currencies
TheDefiant - China is intensifying efforts to challenge the dominance of the U
Texas Set to Launch Bitcoin Reserve in Landmark Crypto Bill
CoinPaprika - Texas may soon become the second U.S. state with a strategic Bitcoin reserve, following a strong House vote on a groundbreaking bill.
Michigan: four bills on pension funds, CBDCs, and mining
Atlas21 - Michigan lawmakers are unveiling a comprehensive strategy to regulate Bitcoin and cryptocurrencies. The post Michigan: four bills on pension funds, CBDCs, and mining appeared first on Atlas21.
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
Decrypt - A global sting, dubbed Operation RapTor, has led to the arrest of 270 suspects and the seizure of $200 million in cash and crypto.
‘Things Are About To Get Silly’: Analyst Says Bitcoin on Cusp of Most Aggressive Expansion Since Inception
DailyHODL - A widely followed analyst and trader believes Bitcoin (BTC) is set to go even higher after recently hitting a new all-time high. The analyst, pseudonymously known as Credible Crypto, tells his 467,200 followers on the social media platform X that Bitcoin is now in the final phase of a bullish cycle. Credible Crypto, who regularly […] The post ‘Things Are About To Get Silly’: Analyst Says Bitcoin on Cusp of Most Aggressive Expansion Since Inception appeared first on The Daily Hodl.
Here’s What Prediction Markets Are Saying About Bitcoin’s Next Move
cryptoDNES - Bitcoin’s recent breakout above $110,000 has reignited bullish sentiment, with crypto prediction markets signaling growing confidence in further gains. The post Here’s What Prediction Markets Are Saying About Bitcoin’s Next Move appeared first on CryptoDnes EN.
U.S. Pressures EU for Unilateral Tariff Reductions Amid Trade Talks
Binance News - According to PANews, U.S. President Donald Trump's trade representatives are urging the European Union to unilaterally reduce tariffs on American goods. Sources indicate that without concessions, the EU may face additional tariffs and struggle to make progress in negotiations. U.S. Trade Representative Jamieson Greer is expected to inform EU Trade Commissioner Maroš Šefčovič that the EU's recent 'explanatory note' for negotiations falls short of U.S. expectations. The U.S. is dissatisfied with the EU's proposal for mutual tariff reductions, preferring a unilateral commitment similar to other trade partners. Additionally, the EU has not included its proposed digital tax in the negotiation agenda as requested by the U.S. Insiders reveal that while the EU ...
Binance Futures to Launch SOONUSDT Perpetual Contract With 50x Leverage on May 23
Binance News - Binance Adds SOONUSDT Perpetual Contract to Futures Platform With Up to 50x LeverageBinance Futures will officially launch the USDⓈ-Margined SOONUSDT perpetual contract on May 23, 2025, at 08:30 UTC, expanding its futures product lineup and offering enhanced trading opportunities for high-leverage users.The new listing supports up to 50x leverage and features 24/7 trading, multi-asset margin support, and funding fee settlements every four hours. The contract will be eligible for Futures Copy Trading within 24 hours of launch.Contract Details at a GlanceParameterDetailsContract NameSOONUSDT (USDⓈ-M)Launch TimeMay 23, 2025 – 08:30 UTCUnderlying AssetSOON (SOON)Settlement AssetUSDTMax Leverage50xFunding Rate Cap+2.00% / -2.00%Funding IntervalEvery four ...
U.S. President Trump Highlights America's Leadership in Cryptocurrency
Binance News - According to Foresight News, U.S. President Donald Trump recently expressed on Truth Social that the United States holds a leading position in the fields of cryptocurrency and Bitcoin. He emphasized the country's commitment to maintaining this advantage.
Swedish Healthcare Firm H100 Group Buys 4.39 BTC, Becomes Sweden's First Public Bitcoin Treasury Company
TheDefiant - Swedish healthcare company H100 Group AB has acquired 4
AI and Mining Data Centers Convergence
DailyHODL - In recent months, AI (artificial intelligence) workloads have gone from theoretical benchmarks to real-time economic pressure on global infrastructure. From language models serving millions of queries per hour to diffusion models requiring vast GPU clusters for inference, the strain on power grids and compute resources is accelerating. Surprisingly, the infrastructure best positioned to absorb this […] The post AI and Mining Data Centers Convergence appeared first on The Daily Hodl.
Canadian Tech Firm Matador Plans Additional Fundraising for Bitcoin Investment
Binance News - According to PANews, Canadian technology company Matador, which has incorporated Bitcoin into its corporate treasury, announced plans to raise an additional CAD 4 million through a private placement. The company intends to issue up to 6,451,613 common shares and may opt to increase the offering by up to 15% for overallotment purposes. Earlier this month, Matador revealed its intention to raise CAD 3 million, with a portion of the net proceeds earmarked for increasing its Bitcoin holdings.
Michigan Crypto Legislation: 4 New Bills Introduced
99Bitcoins - Michigan might not be the first place that comes to mind when you think of crypto innovation, but that could be about to change. A group of state lawmakers has introduced four new bills aimed at weaving cryptocurrency into Michigan’s financial and environmental landscape. The proposals touch on everything from retirement savings to mining in.. The post Michigan Crypto Legislation: 4 New Bills Introduced appeared first on 99Bitcoins.
Farcaster Founder Criticizes Vitalik Buterin's Stance on Local Nodes
Binance News - According to Odaily, Farcaster founder Dan Romero recently expressed strong criticism of Vitalik Buterin's views on local node operation. In a post on Wrapcast, Romero commented on Buterin's earlier long-form post, stating, "It's 2025, and users running nodes locally for personal use should get lost. Those among us who hinder the entire ecosystem's development to cater to these local node operators should also get lost." Romero further addressed Buterin, questioning whether he was listening or if the "ivory tower in Singapore" was only open to those operating local nodes. In response, Buterin suggested that Romero consider selling his ETH.
Russia Considers Relocating Crypto Miners to Northern Regions
Binance News - According to PANews, Russian Deputy Energy Minister Yevgeny Grabchak has announced plans to potentially relocate cryptocurrency miners to northern regions with surplus energy. This initiative aims to utilize leftover power infrastructure from oil extraction, thereby preventing waste and reducing the strain on local power grids. Since 2025, the Russian government has imposed mining bans in several areas. However, Grabchak highlighted that the northern, some northwestern, and Volga regions still offer opportunities for development.
Bitcoin Price Surge Anticipated by Investor James Wynn
Binance News - According to Odaily, prominent investor James Wynn shared on the X platform that he has updated his small Bitcoin long positions, earning approximately $111,000 to $111,100 in profits through position reduction. Wynn expressed optimism about Bitcoin's imminent breakthrough, predicting a price target of $115,000 to $118,000 by next weekend, though he noted this could occur within hours. He cautioned that once Bitcoin reaches a peak of around $118,000 to $122,000, the market might cool down and experience some lateral movement, leading to potentially interesting developments. Wynn also mentioned the term 'altcoin season' in his post.
Swedish Medical Tech Firm Acquires Bitcoin for Treasury Reserves
Binance News - According to PANews, Swedish medical technology company H100 Group has announced the acquisition of 4.39 bitcoins for 5 million Norwegian kroner, approximately $475,000. This move makes H100 Group the first publicly listed company in Sweden to include Bitcoin in its treasury reserves.
Supreme Court Ruling on Presidential Authority in Federal Appointments
Binance News - According to PANews, the Supreme Court has ruled in the case of 'Trump v. Wilcox,' allowing U.S. President Donald Trump to dismiss two Democratic officials from the National Labor Relations Board (NLRB) and the Merit Systems Protection Board (MSPB) without legal grounds for termination. The court justified this decision as part of the exercise of presidential executive power. However, the ruling explicitly does not apply to the Federal Reserve, which is described as a 'uniquely structured quasi-private entity,' thereby safeguarding Federal Reserve Chairman Powell from dismissal.
Immutable Reduces Workforce by One-Third Amid Financial Challenges
Binance News - According to BlockBeats, Australian blockchain gaming company Immutable, backed by Temasek, has reduced its workforce by one-third over the past nine months. The number of employees has decreased from 224 in 2023 to approximately 150.The company confirmed that some roles in its business, engineering, product, and marketing teams are now supported by AI, particularly in design and content creation.Despite incurring a $50 million loss in 2023 due to rising employee costs and declining crypto assets, Immutable reported a 55% revenue increase in 2024, reaching $67 million. The company anticipates achieving cash flow breakeven by the end of 2025.
James Wynn Initiates High-Leverage Ethereum Position
Binance News - According to Foresight News, James Wynn has recently opened a leveraged long position on Ethereum. Utilizing a 25x leverage, Wynn holds 22,548.1 ETH, valued at approximately $60.32 million, with an entry price of $2,671.5 per ETH. This marks the first time Wynn has used leverage on Ethereum with this address.
U.S. Treasury to Cease Penny Production
Binance News - According to PANews, the U.S. Treasury Department has announced the cessation of penny production. The U.S. Mint has placed its final order for blank pennies, and once these are exhausted, no further production will occur.The Treasury Department highlighted that there are currently approximately 114 billion pennies in circulation in the United States, with a total value of $11.4 billion. However, the usage of these coins has fallen significantly below expectations. The penny was among the first coins minted by the U.S. Mint following its establishment in 1792.
Michigan Legislature Proposes New Cryptocurrency Bills
Binance News - According to Odaily, the Michigan legislature has introduced four new bills related to cryptocurrency. These proposals aim to regulate cryptocurrency mining activities, offer tax incentives, permit state treasury investments in Bitcoin and Ethereum, and establish mechanisms for digital asset protection.
U.S. Justice Department Investigates Google's AI Deal for Antitrust Violations
Binance News - According to PANews, the U.S. Department of Justice is investigating whether Google has violated antitrust laws by agreeing to use artificial intelligence technology from a popular chatbot manufacturer. Sources indicate that antitrust enforcement agencies have recently informed Google that they are examining the structure of its deal with Character.AI to determine if it was designed to bypass formal government merger reviews. Under the agreement reached last year, the founders of the chatbot company joined Google, which also received a non-exclusive license to use the technology. A Google spokesperson stated in an email that the company is always willing to respond to regulatory inquiries. They expressed excitement about the addition of Character.AI talent but ...
Anthropic Unveils Advanced Programming Models at Developer Conference
Binance News - According to PANews, Anthropic has introduced two new models, Claude Opus 4 and Claude Sonnet 4, at a recent developer conference. Claude Opus 4 demonstrated exceptional performance on the SWE-bench validation set, achieving a top score of 72.5%, and reaching 79.4% in high-computing mode, positioning it as a leading global automatic programming model. Claude Sonnet 4 also performed impressively with a score of 72.7%, surpassing OpenAI's o3 and Codex-1 models. Testing by Rakuten revealed that Opus 4 can program continuously for seven hours while efficiently handling complex tasks, setting a new industry benchmark. The new models support parallel tool usage and feature improved memory mechanisms, with Claude Code now fully accessible.
Bitcoin Trading Volume Soars as Price Pumps to New Heights
Decrypt - Bitcoin set new peaks this week while trading volume on futures and spot exchanges rose significantly, reflecting intense investor demand.
Trump Affirms U.S. Dominance in Cryptocurrency, Bitcoin at Crypto Dinner
TheDefiant - President Donald Trump has declared that the United States is 'dominating' in the fields of cryptocurrency, Bitcoin, and other digital assets
CFTC Signals Crypto Perps Could Trade in US as Commissioners Head for the Exits
Decrypt - The CFTC is contending with a major leadership shakeup under President Trump as it weighs potential crypto regulation ahead.
U.S. Vice President Vance to Speak at Bitcoin 2025 Conference in Las Vegas
Binance News - According to Odaily, U.S. Vice President Vance is scheduled to deliver a speech at the 'Bitcoin 2025' conference in Las Vegas on May 28. The event is expected to draw significant attention from the cryptocurrency community and industry leaders.
'Orgy of Corruption': Senators Slam Trump Crypto Dinner, Demand Info on Attendees
Decrypt - Democrats are increasingly zeroing in on the president’s private crypto dealings as a means to critique his second term.
Bitcoin Options Open Interest Spikes to Record High as Traders Target $116K
Decrypt - An influx of participation in the Bitcoin options market rivaled levels seen in late November.
Anthropic's Claude 4 Arrives, Obliterating AI Rivals—And Budgets Too
Decrypt - Anthropic's latest Claude models promise coding marathons and superior reasoning. But you'll pay premium rates for the privilege.
Bitcoin Rally ‘Remains Robust’ as One BTC Metric Reaches Historic All-Time Highs, According to Glassnode
DailyHODL - The latest rally sending Bitcoin (BTC) to new all-time highs is showing a lot of strength as one key metric reaches unprecedented levels, according to the digital asset analytics firm Glassnode. Glassnode says that Bitcoin’s Realized Cap, which records the price at which each coin was last moved and aims to gauge how many holders […] The post Bitcoin Rally ‘Remains Robust’ as One BTC Metric Reaches Historic All-Time Highs, According to Glassnode appeared first on The Daily Hodl.
Bitcoin on a Confirmed Breakout After Hitting New All-Time High, Says Analyst Kevin Svenson – Here’s His Outlook
DailyHODL - A closely followed crypto analyst says that Bitcoin’s (BTC) latest upswing to a new all-time high has confirmed its breakout. In a new strategy session, crypto trader Kevin Svenson tells his 83,200 YouTube subscribers that the top crypto asset by market cap’s latest upward shift confirms that it’s going to continue climbing until the end […] The post Bitcoin on a Confirmed Breakout After Hitting New All-Time High, Says Analyst Kevin Svenson – Here’s His Outlook appeared first on The Daily Hodl.
OpenAI Plans AI Companion Devices and Social Media Expansion
Binance News - According to Cointelegraph, OpenAI is set to revolutionize the tech landscape with the development of AI 'companion' devices designed to seamlessly integrate artificial intelligence into daily life. These devices, envisioned by OpenAI CEO Sam Altman and renowned designer Jony Ive, aim to complement existing technologies like laptops and smartphones. The ambitious project plans to launch with an initial shipment of 100 million units, signaling a significant leap in AI consumer technology. Jony Ive, who joined OpenAI following the acquisition of his startup io for $6.5 billion, described these devices as part of a 'new design movement.' While ...
Hours Before Trump Crypto Dinner, Democrats Push Another Bill to Stop President’s Digital Asset Dealings
Decrypt - Rep. Maxine Waters’ “Stop TRUMP in Crypto Act” would prevent the president and his immediate family from profiting off crypto ventures while he serves in office.
Bitcoin Hits Another Record High Above $111,000
TheDefiant - BTC’s market capitalization tops $2.2 trillion as ETH and SOL surge 7%.
CFTC Commissioner Mersinger Says Crypto Perpetual Futures Could Trade in U.S. as Applications Are Under Review
TheDefiant - CFTC Commissioner Caroline Mersinger indicated that crypto perpetual futures could soon be permitted to trade in the United States
SEC Delays Decision on 21Shares Spot Ethereum ETF Proposal
Binance News - According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the 21Shares spot Ethereum ETF proposal. The delay affects the company's plans to introduce a new financial product tied to Ethereum, a leading cryptocurrency.
Russia Could Relocate Bitcoin Miners To Northern Regions: Report
Decrypt - The move to repurpose its old oil production infrastructure comes after Russia slapped a Bitcoin mining ban on regions in the south.
CFTC Commissioner Confirms Cryptocurrency Perpetual Futures Trading in the U.S.
Binance News - According to Odaily, U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger has stated that cryptocurrency perpetual futures are permitted for trading in the United States.
Glider is Creating a ‘New Paradigm’ for Automated Crypto Portfolio Management
Decrypt - Ultimately, Glider’s goal is to lower the barrier to entry to the point where anybody can manage a crypto portfolio, founder Brian Huang said.
Michael Saylor Advocates for Bitcoin Retention Amid Dollar Spending
Binance News - According to Odaily, Michael Saylor, Chairman of the Board at Strategy (formerly MicroStrategy), shared his thoughts on the X platform, emphasizing a straightforward approach to financial management: spend dollars, enjoy pizza, and hold onto Bitcoin. Saylor's statement reflects his ongoing support for Bitcoin as a valuable asset in the current economic landscape.
U.S. House to Review Cryptocurrency Market Structure Bill in June
Binance News - According to BlockBeats, FOX Business journalist Eleanor Terrett reported that French Hill, the Chairman of the U.S. House Financial Services Committee, has scheduled the review of the House cryptocurrency market structure bill for June 10.
BTC hits ATH, InfoFi battle begins, Texas passes BTC bill
Decrypt - BTC hits ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP363 BTC hits new ATH of $111k. BTC on track for first golden cross since Oct. Funding rates on majors remain very low. BTC OI on Deribit at record $42.5b. Hyperliquid whale increases BTC position to $1.1bn. Miners appeared dumped BTC right before ATH. HYPE leads rally in L1s, nears ATH. Cetus on SUI faces exploit. IBIT now top 5 in YTD inflows across all ETFs. VanEck to launch private digital asset fund in June. Binance to list WLFI USD1 stablecoin. SOL Mobile’s 2nd Gen Seeker to ship from Aug 4. WLD raises $135m from VCs for expansion. ...
Bitcoiners Celebrate Pizza Day
Trustnodes - Bitcoiners and cryptonians around the world are celebrating the purchase of two pizzas in 2010 for what is currently worth $1.1 billion.
JPMorgan Extends $7 Billion Loan for Texas AI Data Center
Binance News - According to Odaily, JPMorgan Chase has agreed to provide over $7 billion in loans to companies building a massive AI data center complex in Abilene, Texas, for OpenAI. This deal highlights the ongoing interest of financial institutions and investors in supporting the infrastructure necessary for developing advanced AI software. Previously, JPMorgan had extended $2.3 billion in loans for the initial phase of the Abilene data center project. The latest $7 billion loan will complete the funding required for the construction of the data center. Once completed, the facility will be one of the largest in the world, consisting of eight buildings, each costing $1.4 billion. The data center will have the capacity to house 400,000 Nvidia chips.
Sen. Hagerty Suggests GENIUS Act Will ‘Extend Demand’ for US Treasuries
Decrypt - Sen. Bill Hagerty said recently that the GENIUS Act, which would pave the way for stablecoin adoption, could bolster U.S. Treasuries.
Bitcoin Giant Strategy to Offer $2.1 Billion in ‘Crown Jewel’ Preferred Stock
Decrypt - The company unveiled its Perpetual Strife Preferred Stock (STRF) in March.
Race car driver Aliyyah Koloc named Raphael Coin’s brand ambassador
CoinJournal - The partnership kicks off with Koloc’s participation in the Taklimakan Rally in China. Koloc will play a key role in promoting the project’s core mission of democratizing fine art investment through tokenized assets. After the rally, Koloc will publicly announce her acquisition of RAPH tokens. Raphael Coin (RAPH), a blockchain initiative aimed at enabling fractional […] The post Race car driver Aliyyah Koloc named Raphael Coin’s brand ambassador appeared first on CoinJournal.
Glider Co-Founder Brian Huang on Making Crypto Accessible 'For Everyone'
Decrypt - Automated, non-custodial crypto portfolio management platform Glider just won the Start in Block competition at Paris Blockchain Week, judged by high-frequency trading firm Auros. Glider Co-Founder Brian Huang and Auros Chief Commercial Officer Jason Atkins joined Decrypt to talk about how the platform enables retail crypto users to “come to the platform with any trading idea,” and implement it through automated tools.
Hong Kong Advances Virtual Asset and Gold Markets Amid Legislative Efforts
Binance News - According to Odaily, Hong Kong's Secretary for Financial Services and the Treasury, Xu Zhengyu, announced that the city is actively developing its virtual asset market alongside its gold commodity market. Hong Kong aims to innovate in new financial sectors, including fintech, virtual assets, stablecoins, and green finance. This week, efforts will be made to secure legislative support for establishing a regulatory framework for stablecoins, addressing significant market demand. The next steps involve continuous innovation and expansion into new markets.
Colombian Government to Test CBDC on Cosmos Network
Binance News - According to Odaily, Interchain Labs Co-CEO Maghnus Mareneck has revealed that the Colombian government plans to test a central bank digital currency (CBDC) on the Cosmos network. Mareneck stated that the initiative is a collaboration with a banking alliance and the Colombian government, focusing on cross-border payment scenarios. Although specific details have not been disclosed, the CBDC will operate using IBC Eureka technology on the Cosmos network. It will utilize private and permissioned validation nodes, with the potential for the government to introduce additional nodes, such as banks, to expand the network.
Bitcoin Crosses All Time High on Tax Cuts Bill
Trustnodes - Bitcoin has risen above $110,000 for the first time with it just about touching $112,000 as it reaches a new all time high.
Web3 Security Firm Analyzes Cetus Incident Impacting Liquidity
Binance News - According to Foresight News, Web3 security company ExVul Security has analyzed a security incident involving Cetus. The analysis reveals that hackers exploited the flashswap function of Cetus due to a flaw in its price calculation mechanism. This vulnerability allowed the hackers to manipulate prices and drain significant liquidity from various pools. A substantial amount of funds has already been transferred to the Ethereum blockchain via cross-chain bridges.
Strategy Launches $2.1B Stock Sale Plan to Fund Bitcoin Buys
CoinPaprika - Strategy (formerly MicroStrategy) is set to raise up to $2.1 billion through preferred stock sales, aiming to grow its Bitcoin holdings and fund general operations.
Texas Advances Legislation for Strategic Bitcoin Reserve
Binance News - According to ShibDaily, the Texas House of Representatives has moved forward with Senate Bill 21, passing it with a 101-42 vote on its third reading. This development brings Texas closer to establishing an official Bitcoin reserve, pending approval from Governor Greg Abbott. If signed into law, the bill would empower the Texas comptroller to manage the reserve, focusing on cryptocurrencies with a market capitalization exceeding $500 billion over the past year. Currently, Bitcoin is the sole digital asset meeting this criterion. Texas State Representative Giovanni Capriglione, a proponent of Bitcoin, emphasized the significance of the bill's passage, viewing it as a pivotal step ...
Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers
99Bitcoins - Sam Altman- backed Worldcoin is making headlines again as its native token WLD surged 10% in the past day following a major $135 million fundraising round lef by venture capital giants Anreesen Horowitz (a16z) and Bain Capital Crypto. According to the company, “this funding opportunity is in service to the long-term mission of World and.. The post Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers appeared first on 99Bitcoins.
Texas House Passes Senate Bill 21 to Establish Bitcoin Reserve, Awaiting Governor's Signature in 20 Days
TheDefiant - The Texas House of Representatives has passed Senate Bill 21, introduced by Sen
Cetus Security Incident Estimated to Exceed $150 Million in Losses
Binance News - According to Foresight News, BWEnews reports that the recent security incident involving Cetus is projected to result in losses exceeding $150 million. Further details regarding the breach and its implications are yet to be disclosed.
Messari Report Highlights Mira's Impact on AI Accuracy and Decentralization
Binance News - According to Foresight News, Messari has released a research report on Mira, showcasing significant advancements in artificial intelligence accuracy through decentralized verification mechanisms. The report indicates that Mira has increased AI accuracy from 70% to 96% and reduced the occurrence of "hallucination phenomena" by 90%. Messari describes Mira as a modular infrastructure layer that can be integrated into any AI system, emphasizing its crucial role in bridging AI with the decentralized economy.
GENIUS Act Might Unlock Trillions for US Treasury, Speculates Crypto Czar David Sacks
99Bitcoins - Crypto czar David Sacks recently highlighted the potential benefits of the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), asserting that clear regulatory guidelines for stablecoins could potentially trigger a surge in demand for US treasuries. In an interview with CNBC on 21 May 2025, Sacks stated that although unregulated, there are.. The post GENIUS Act Might Unlock Trillions for US Treasury, Speculates Crypto Czar David Sacks appeared first on 99Bitcoins.
Galaxy Digital Transfers 100 Bitcoin to CEX
Binance News - According to BlockBeats On-chain Detection, Galaxy Digital recently deposited 100 Bitcoin, valued at approximately $11.08 million, into a centralized exchange (CEX). This transaction was monitored by The Data Nerd two hours ago.
UK Appeals Court Dismisses Bitcoin SV Investors’ $13.3B Damages Bid Against Binance
Decrypt - The court rejected loss-of-chance claims in BSV investors’ class-action suit against Binance, ruling such damages are not legally applicable.
Bitcoin's Profit Realization Signals Bull Market Surge
Binance News - According to BlockBeats, on-chain data analyst Murphy has analyzed Bitcoin's recent surge to new highs, revealing that realized profits have reached $2 billion. This significant profit realization is considered a classic signal of a bull market surge. The higher the magnitude, the stronger the momentum, suggesting that it is not advisable to adopt a bearish outlook unless signs of 'diminishing' appear.Murphy uses the example of Bitcoin's second peak in 2021 to illustrate 'diminishing' signs. During Bitcoin's first peak in 2021, profit realization reached $2.2 billion, but the second wave saw only $1.7 billion. Although prices did not significantly decline, this was seen as a sign of 'diminishing' momentum. Each substantial profit realization represents a ...
KuCoin Pay and AEON Collaborate to Mainstream Web3 Payments Across Asia
99Bitcoins - In a bid to simplify mobile crypto payments for both online and retail shoppers in the fast-growing digital markets across Asia, KuCoin Pay, KuCoin’s crypto payment solution, announced its partnership with AEON, a prominent Web3 payment protocol. The collaboration was made public on 21 May 2025 and aims to leverage KuCoin Pay’s global network with.. The post KuCoin Pay and AEON Collaborate to Mainstream Web3 Payments Across Asia appeared first on 99Bitcoins.
Crypto Whale Makes History With $1.1B Bitcoin Bet
CoinPaprika - A daring crypto trader known as “James Wynn” has shocked the market by taking a $1.1 billion long position on Bitcoin using 40x leverage through the Hyperliquid DEX.
USA: 50 million Americans own bitcoin
Atlas21 - Bitcoin surpasses gold in the United States: 50 million holders and a dominant role in the global market. The post USA: 50 million Americans own bitcoin appeared first on Atlas21.
Ethereum's Profitability Sees Dramatic Fluctuations
Binance News - According to BlockBeats, Ethereum has experienced significant volatility since December 2024, when a major sell-off led to a sharp decline in the percentage of profitable addresses from over 90% to just 32% by April 2025. However, the rebound has been equally intense, with nearly 60% of holders now back in a profitable position. This level of fluctuation is unprecedented for Ethereum since 2017.
Texas one step away from a bitcoin reserve: only the governor’s signature is missing
Atlas21 - Governor Abbott will have to decide whether to sign the bill establishing a bitcoin reserve for the state. The post Texas one step away from a bitcoin reserve: only the governor’s signature is missing appeared first on Atlas21.
Ethereum Projected to Surpass $1 Trillion Market Cap and Emerge as World Reserve Asset in 2025
TheDefiant - Ethereum (ETH) is being discussed as a potential world reserve asset, with projections indicating that its market capitalization could surpass $1 trillion within the year 2025
Cryptocurrency Surge Attributed to Favorable Macroeconomic Conditions
Binance News - According to Odaily, XS.com market analyst Linh Tran has highlighted that the recent rally in cryptocurrencies is partly due to favorable macroeconomic conditions and increased institutional interest. The weakening of the U.S. dollar has also enhanced Bitcoin's appeal as an alternative store of value. On the policy front, Tran noted positive developments, such as the approval of a bill in Texas to establish a state-controlled Bitcoin reserve, indicating growing acceptance of Bitcoin as a long-term reserve asset by legislative bodies.
Texas Moves to Adopt Bitcoin Reserve, Needs Final Sign-Off to Become Law
Decrypt - Texas lawmakers have approved a bill to create a state-run Bitcoin reserve, leaving one final procedural step before it can become law.
Bitcoin Hits $109,856, Surpasses Amazon and Google to Become Fifth-Largest Asset and Eighth-Largest Currency
TheDefiant - Bitcoin has surpassed Amazon and Google to become the fifth-largest asset in the world by market capitalization
BlackRock Boosts Bitcoin Holdings to 643,974 BTC, Worth Over $67B, as James Wynn's $1.1B Position Surges
TheDefiant - BlackRock Inc
German Government Misses $2.3 Billion Profit Selling 49,858 Bitcoin at $57,900 Amid Bitcoin Surge Over $104,000
TheDefiant - The German government sold approximately 49,858 Bitcoin between June and July 2024 at an average price of around $57,600 to $57,900 per coin, generating about $2
Michigan Lawmakers Propose Four New Crypto-Related Bills
Decrypt - The new Michigan bills would permit Bitcoin pension investments, bar state CBDC support, and offer tax breaks for crypto mining at oil sites.
Law Enforcement Seize Domains Linked to Seed Phrase Stealing Malware LummaC2
Decrypt - Authorities have seized key infrastructure of a malware service used to steal crypto wallet data and other credentials from millions.
Bitcoin's Monthly RSI Enters Overbought Zone, Analyst Observes
Binance News - According to Odaily, cryptocurrency analyst CredibleCrypto highlighted on the X platform that Bitcoin's monthly Relative Strength Index (RSI) has re-entered the overbought zone after several months. He reviewed the market performance during the last two instances when the monthly RSI entered this zone, noting that the monthly candlestick rose by $22,200 and $33,000, respectively. Currently, Bitcoin's price has increased by approximately $18,000 this month, with about 10 days remaining until the monthly close.
El Salvador's Bitcoin Holdings Surpass $350 Million in Unrealized Profits as BTC Hits $110,000, Gaining 124%, Says President Bukele
TheDefiant - El Salvador's Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on the country's investment as Bitcoin's price climbed to $110,000
xAI Addresses Speculation on Involvement in Prediction Markets
Binance News - According to Foresight News, xAI has issued a statement addressing recent speculation about its involvement in the prediction market sector. The company expressed enthusiasm for the potential of the industry and acknowledged participating in various discussions. However, it clarified that no formal partnerships have been confirmed at this time.
MicroStrategy, Led by Michael Saylor, Faces Class Action Over Multibillion-Dollar Bitcoin Investment Loss
TheDefiant - MicroStrategy Inc
El Salvador's Bitcoin Holdings Surpass $350 Million in Unrealized Profits with 124% Gain as BTC Hits $110,000
TheDefiant - El Salvador's Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on their investment as Bitcoin's price climbs to $110,000
Texas Moves Closer to Becoming First State to Hold Bitcoin
99Bitcoins - Top 20 Crypto to Buy in May 2025Texas is making headlines again, and this time it’s not about energy or barbecue. The state’s lawmakers have voted to create a strategic Bitcoin reserve, setting the stage for Texas to become the first in the U.S. to officially hold Bitcoin as part of its financial strategy. The.. The post Texas Moves Closer to Becoming First State to Hold Bitcoin appeared first on 99Bitcoins.
U.S. House Committee Approves Trump's Tax Cut Bill
Binance News - According to BlockBeats, the U.S. House Rules Committee has approved U.S. President Donald Trump's comprehensive tax cut bill. This approval sets the stage for a full House vote on the proposed legislation.
Ramaswamy’s Strive Targets 75,000 BTC in Mt. Gox Windfall
99Bitcoins - Strive Asset Management, the investment firm co-founded by former U.S. presidential candidate Vivek Ramaswamy, is going after a massive Bitcoin stash, not by mining or buying it outright, but by picking up claims from one of crypto’s most infamous disasters: Mt. Gox. If all goes according to plan, Strive could walk away with access to.. The post Ramaswamy’s Strive Targets 75,000 BTC in Mt. Gox Windfall appeared first on 99Bitcoins.
xAI Introduces Live Search API for Real-Time Data Access
Binance News - According to Foresight News, xAI, the artificial intelligence company founded by Elon Musk, has announced the upgrade of its API to include a Live Search feature. This new capability allows Grok to perform real-time searches across the X platform, the internet, and trending news. Currently, the Live Search API is available in its Beta version and is offered for free for a limited time.
ETH Whale Sells Amid Market Dip, Incurs Losses
Binance News - According to Odaily, a prominent Ethereum whale, known for its trading activity over the past 19 days, sold 2,767 ETH, valued at approximately $6.86 million, during a market downturn eight hours ago. This panic-driven sale resulted in a loss of $233,000 for the whale. Analysts noted that the sale occurred near the day's lowest point, causing the whale to miss out on a potential profit of $210,000. Consequently, the cumulative profit from the whale's Ethereum trading has narrowed to $1.237 million.
Strategy’s Bitcoin bet sees over $23B in gains as BTC tops record $110K
CryptoBriefing - Bitcoin's surge highlights the growing institutional trust and potential for significant economic shifts as major entities reap substantial gains. The post Strategy’s Bitcoin bet sees over $23B in gains as BTC tops record $110K appeared first on Crypto Briefing.
Nasdaq Proposes Rule Change for iShares Ethereum Trust ETF
Binance News - According to PANews, Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to amend its rules, allowing the iShares Ethereum Trust to support physical transactions of Ethereum. The proposal includes the addition of Anchorage Digital as a custodian institution.The proposed change aims to enhance the efficiency of the ETF's operations by enabling authorized participants to deliver or receive Ethereum directly, rather than using cash. Additionally, the trust's name is set to be changed to iShares Ethereum Trust ETF to align with its registration statement.The SEC is currently reviewing Nasdaq's application for this rule change.
Metaplant Shares Surge by 19% in Tokyo Stock Market
Binance News - According to Odaily, Metaplant's stock price increased by 19% to 933 yen per share following the opening of the Tokyo Stock Exchange today. This marks a significant rise of 142% over the past month.
OpenAI Acquires AI Device Company Founded by Jony Ive for $6.4 Billion
Binance News - According to PANews, OpenAI has announced its acquisition of the AI device company io, founded by former Apple chief designer Jony Ive, for $6.4 billion. This strategic move marks OpenAI's largest acquisition to date and aims to enhance its capabilities in the hardware sector. Following the completion of the transaction, Ive and his team at LoveFrom will take charge of the creative design efforts for both OpenAI and io. The acquisition is set to integrate leading software and hardware engineering and design expertise, positioning OpenAI for significant advancements in the industry.
Bitcoin Hits $109,439 Ahead of 15th Anniversary of Laszlo Hanyecz's 10,000 BTC Pizza Purchase
TheDefiant - On May 22, 2010, programmer Laszlo Hanyecz made the first real-world Bitcoin transaction by purchasing two pizzas for 10,000 BTC, which was worth approximately $41 at the time
Metaplanet's Bitcoin Holdings Yield Significant Profit
Binance News - According to BlockBeats, Japanese publicly traded company Metaplanet has accumulated a total of 7,800 bitcoins as of May 19. The historical average purchase price for these bitcoins was 13.51 million yen per unit, approximately equivalent to 94,165.7 USD. With the current bitcoin price at 109,000 USD, Metaplanet's holdings have resulted in an unrealized profit of 121 million USD.
Cryptocurrency Market Cap Surges Past $3.43 Trillion
Binance News - According to Odaily, recent market data indicates that the total cryptocurrency market capitalization has surpassed $3.43 trillion. The all-time high was recorded on December 16, 2024, at $3.73 trillion. The current market cap needs an 8% increase to reach this historical peak.
El Salvador's Bitcoin Holdings Reach $678 Million with Significant Gains
Binance News - According to PANews, El Salvador's national Bitcoin holdings have reached a total value of $678 million, with unrealized gains amounting to approximately $386 million, reflecting a 132.35% increase. Since the initial investment, the country has invested around $292 million. President Nayib Bukele addressed critics by stating, 'They say not to take screenshots, but to take profits.'
Bitcoin Surpasses Amazon in Global Market Value Rankings
Binance News - According to BlockBeats, Bitcoin has surpassed Amazon to become the fifth-largest asset by market capitalization globally, as reported by 8marketcap data.
Senator Cynthia Lummis Backs Genius Act to Upgrade U.S. Gold Reserves to Bitcoin, Leading Digital Asset Policy
TheDefiant - Senator Cynthia Lummis has expressed strong support for the Genius Act, emphasizing the United States' ambition to become the leading country in adopting advanced and forward-thinking digital asset policies
President Trump's Crypto Czar David Sacks Predicts Bipartisan Passage of GENIUS Act, Trillions in Treasury Demand Amid Bitcoin Highs
TheDefiant - David Sacks, the U
Metaplanet, Japan's Most Shorted Stock, Surges 24% with ¥2.25B Bond and 200% May Gain on Bitcoin Treasury Trend
TheDefiant - Metaplanet Inc
Michael Saylor Urges Buying Bitcoin at All-Time Highs as MicroStrategy's Strategy Yields $22.7 Billion Profit
TheDefiant - Michael Saylor, the founder of MicroStrategy, has reiterated his bullish stance on Bitcoin, describing it as 'the greatest digital transformation of the 21st century' and emphasizing its importance in today's world
Circle Takes Aim at SWIFT with Cross-Border Payments Network
TheDefiant - The Circle Payments Network will make international payments faster, cheaper and more transparent using the USDC stablecoin for settlement.
Bitcoin Surges 53% Over Past Year, Up 16-17% YTD, Outperforming Gold, S& P 500 Amid Corporate Demand
TheDefiant - Bitcoin has experienced a 53
China Telecom Quantum Group Unveils World’s First Quantum-Proof Phone Network, Eyes Weaponizing Digital Yuan and Bitcoin Security
TheDefiant - China has announced the development of what it describes as the world’s first quantum-proof phone network, unveiled by the state-backed China Telecom Quantum Group
Whale James Wynn Increases Long Position Despite Losses
Binance News - According to BlockBeats, on-chain data reveals that whale investor James Wynn has increased his long position to $1.09 billion, currently facing an unrealized loss of $11.25 million. The opening price for this position is $108,065.5, with a liquidation price set at $103,830.
RWA Launchpad Collateralize Spikes 300% After Yakovenko Repost
TheDefiant - Solana co-founder Anatoly Yakovenko reposted a product demo video, causing the COLLAT token to skyrocket.
Texas House Passes Strategic Bitcoin Reserve Bill with 101-42 Vote, Awaits Governor's Signature
TheDefiant - The Texas House of Representatives has passed Senate Bill 21, known as the Texas Strategic Bitcoin Reserve and Investment Act, with a vote of 101-42
SEC Acknowledges BlackRock's Spot Ethereum ETF Redemption
Binance News - According to BlockBeats, market reports indicate that the U.S. Securities and Exchange Commission has acknowledged the physical redemption of BlackRock's spot Ethereum ETF. This development marks a significant step in the ETF's operations, reflecting ongoing regulatory engagement with cryptocurrency-based financial products.
U.S. Treasury Yields Reach Highest Levels Since November 2023
Binance News - According to BlockBeats, market reports indicate that the yields on U.S. 20-year and 30-year Treasury bonds have reached their highest levels since November 2023. This development reflects ongoing trends in the financial markets, as investors react to various economic factors influencing bond yields.
Bitcoin Hits Record High Above $109,000
TheDefiant - Crypto markets posted modest gains, with Ethereum and Solana rallying 4%.
BTC nears ATH, InfoFi battle begins, Texas passes BTC bill
Decrypt - BTC nears ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP362 BTC records highest daily close ever, nears ATH. Texas passes BTC reserve bill, heads to governor. ETH co-founder sends $262m ETH to Kraken. More Americans now own BTC than Gold. Strive to buy $8bn BTC claims for Mt Gox. Hyperliquid whale increases BTC long to $675m. New York City creates crypto advisory council. Societe Generale launches USD stablecoin on ETH. SUI ecosystem sees $83m of inflows in 24 hours. BTCS buys $8.4m ETH, to raise $58m to buy more. SEC delays decision on XRP, DOGE ETF proposals. Robinhood sends proposal for RWA token ...
The key to Bitcoin adoption is businesses
Atlas21 - Bitcoin adoption will come through businesses: neither governments nor banks will lead the revolution. The post The key to Bitcoin adoption is businesses appeared first on Atlas21.
Coinbase discloses over 69,000 users affected by insider-linked data leak
CryptoBriefing - The insider-linked data leak at Coinbase highlights the critical need for robust internal security measures and could lead to increased regulatory scrutiny. The post Coinbase discloses over 69,000 users affected by insider-linked data leak appeared first on Crypto Briefing.
Russia drafts bill to treat Bitcoin, digital currencies as property for seizure
CryptoBriefing - Russia's move to classify digital currencies as property for seizure could enhance legal frameworks but may also stifle crypto innovation. The post Russia drafts bill to treat Bitcoin, digital currencies as property for seizure appeared first on Crypto Briefing.
Canaan Technology Reports Strong Q1 Revenue Growth Driven by Bitcoin Mining
Binance News - According to BlockBeats, cryptocurrency mining company Canaan Technology (NASDAQ: CAN) has released its unaudited financial report for the first quarter. The report reveals that the company's total revenue reached $82.78 million, surpassing the previous financial forecast of $75 million, marking a 135.9% increase compared to the same period last year. The financial report highlights that Canaan Technology's total sales hash rate for the first quarter was 5.5 million TH/s, representing a year-on-year growth of 62.6%. The company's proprietary mining operations also achieved significant results, with mining revenue reaching $24.25 million, a 131.9% increase from the ...
Binance Enhances Moldovan Law Enforcement's Digital Skills Through EU4Security Training
Binance News - Binance Blog published a new article, highlighting its involvement in the EU4Security Project's training sessions in Moldova, aimed at enhancing the digital investigative skills of regional law enforcement. The training, conducted in March and May 2025, provided essential insights into blockchain analysis and crypto-related crime, crucial for bolstering the capabilities of Moldovan law enforcement officers. In March 2025, Binance participated in the Open-Source Intelligence (OSINT) EU4Security training organized by the European Union Agency for Law Enforcement Training (CEPOL) in Chișinău, Moldova. This initiative brought together 25 ...
Global Financial Markets React to Japan's Bond Yield Surge
Binance News - According to Odaily, Japan's 30-year government bond yield has surpassed 3%, marking a historic high and triggering a ripple effect across global financial markets. The country's government debt now accounts for 234% of its GDP, and recent comments by Prime Minister Shigeru Ishiba have heightened concerns about fiscal sustainability. While the yen's exchange rate is traditionally more influenced by short-term interest rate differentials, a continued sell-off in the bond market could lead to capital inflows that strengthen the yen in the short term. Simultaneously, the U.S. 30-year bond yield has risen above 5%, with investors ...
Ripple's Potential Acquisition of Circle Sparks Strategic Speculation
Binance News - According to Odaily, Ki Young Ju, founder and CEO of CryptoQuant, shared insights on the X platform regarding XRP's recent market performance. He noted that XRP exudes a sense of expertise akin to capital market professionals, despite its flaws, and its recent trends have been notably sharp. Rumors suggest that Ripple might acquire Circle, although the veracity of these claims remains uncertain. If true, such a move would be strategically significant. With many investors eager to bet on the future of stablecoins, those anticipating Circle's IPO might eventually opt to purchase XRP. Ki Young Ju clarified that he does not hold any XRP himself.
Guofu Quantum Sells 20 Bitcoins for $2.07 Million
Binance News - According to Odaily, Guofu Quantum (00290.HK) announced that between May 9 and May 19, 2025, the company conducted a series of transactions in the open market, selling approximately 20 bitcoins. The total proceeds from these sales amounted to about $2.07 million, equivalent to approximately HKD 16.1 million, excluding transaction costs.
The majority in the US wants to convert part of the gold reserves into Bitcoin
Atlas21 - A new study reveals: 4 out of 5 Americans would like the US to convert some of its gold into Bitcoin. The post The majority in the US wants to convert part of the gold reserves into Bitcoin appeared first on Atlas21.
Russia Drafts Bill Classifying Bitcoin and Cryptocurrencies as Property
TheDefiant - The Russian Ministry of Justice has drafted a bill that classifies Bitcoin and other cryptocurrencies as property subject to seizure
Japan's Interest Rate Decision Faces Challenges Amid Weak Domestic Demand
Binance News - According to Odaily, former Bank of Japan committee member Sayuri Shirai has indicated that if the bank intends to raise interest rates further, it may need to act within this year, or the opportunity will be lost. The weak domestic demand in Japan provides insufficient justification for a rate hike, and if inflation falls below the bank's 2% target, advancing rate increases will become more challenging. Shirai stated, "The Bank of Japan might wish to normalize policy while it can, even if only to slightly correct the excessive depreciation of the yen. However, Japan's economy is too weak, and fragile domestic demand is incompatible with a rate hike path." Despite positive signals in Japan's wage growth, persistent inflation is suppressing household spending. Recent ...
Ethereum News: Ethereum Traders Target $6K ETH by Year-End as Bullish Options Activity Surges
Binance News - Ethereum (ETH) is once again in the spotlight as institutional traders bet on a major rally to $6,000 by December 26, fueled by strong momentum and rising optimism around spot ETFs and staking rewards. At the time of writing, ETH is trading at $2,490.24, following an 80% price surge since April.Traders Deploy Bull Call Spreads on $6,000 ETH TargetLast week, institutional and block-size traders executed bull call spread strategies on ETH, showing conviction that Ethereum will rally to at least $6,000 by the end of the year. The strategy involved:Buying $3,500 call optionsSelling $6,000 call optionsExpiration: December 26, 2025The trades were initiated on over-the-counter platform Paradigm and later listed on Deribit, totaling 30,000 contracts across 10 trades and ...
Standard Chartered: Rising Government Holdings in MSTR Signal Growing Structural Demand for Bitcoin
Binance News - Government entities across multiple countries are increasing their exposure to Bitcoin via indirect investment routes, according to a research report from Standard Chartered published on Tuesday. The bank points to growing institutional stakes in Strategy (MSTR)—a company widely considered a proxy for Bitcoin exposure—as evidence of accelerating structural demand for the asset.Governments Seek Bitcoin Exposure via MSTR Amid Regulatory ConstraintsAccording to Standard Chartered's Geoff Kendrick, Head of Digital Assets Research, several government bodies and pension funds increased their MSTR holdings during Q1 2025, reflecting efforts to gain BTC exposure in jurisdictions where direct holdings are restricted.“MSTR holdings by ...
Crusoe Secures $11.6 Billion for Texas Data Center Expansion
Binance News - According to Foresight News, the Wall Street Journal reports that Crusoe has secured a new financing commitment of $11.6 billion for the expansion of its Texas data center, which is being constructed for OpenAI. This expansion is crucial for enhancing the long-term computational capabilities of ChatGPT's manufacturer. Crusoe stated that the funding, which includes both debt and equity, will increase the data center's size from two buildings to eight. Each building is expected to utilize up to 50,000 Nvidia Blackwell chips. This new funding raises the total amount secured for the project to $15 billion.
OpenAI Secures $11.6 Billion for Major Data Center Expansion
Binance News - According to BlockBeats, OpenAI has secured $11.6 billion in funding for its largest data center. The facility is expected to utilize up to 50,000 Nvidia Blackwell chips per building, as reported by the Wall Street Journal.
Bitcoin Price News: Bitcoin Stalls Near All-Time High, But Realized Price Signals Strong Market Foundation
Binance News - Bitcoin (BTC) is trading at approximately $106,340 as of May 21, 2025, just 2.5% below its all-time high of $109,114. While recent price action has shown hesitation near key resistance, on-chain indicators point to a resilient market structure, with the realized price metric suggesting that long-term holders remain in profit and that a broader recovery phase may be underway.Realized Price Reveals Profitable Conditions for 2025 InvestorsThe realized price—a blockchain-based metric representing the average price at which BTC was last moved—stands at $93,266 for the 2025 investor cohort. With Bitcoin currently trading at $106,340, these investors are sitting on an average unrealized gain of approximately 14%, reinforcing the narrative of renewed profitability across ...
Vitalik Buterin Discusses Future Trends in Democratic Systems
Binance News - According to Foresight News, Ethereum co-founder Vitalik Buterin has expressed views on the potential future direction of democratic systems. He suggests that there may be a shift away from a heavy reliance on transparency and accountability, moving instead towards more indirect methods that allow for greater individual conscience. Buterin uses the example of United Nations resolutions, proposing that voting should be conducted secretly. In this model, each country would have the freedom to choose and replace its representatives, but once selected, these representatives would act according to their own conscience. This approach, he ...
South Korea Sets Guidelines for Nonprofits and Exchanges on Virtual Asset Sales
Binance News - According to Foresight News, the South Korean Financial Services Commission (FSC) has finalized guidelines for the sale of virtual assets by nonprofit organizations and cryptocurrency exchanges. Starting in June 2025, nonprofits will be allowed to sell cryptocurrencies received through donations, with the requirement that these assets be liquidated immediately upon receipt. Exchanges will also be permitted to liquidate crypto assets obtained from user fees, with mandatory disclosure of the sale results and the use of proceeds. To mitigate money laundering risks, the FSC mandates that exchanges and banks enhance their Know Your Customer (KYC) procedures for new institutional clients, ...
Whale Reduces Bitcoin Holdings Amid Price Fluctuations
Binance News - According to BlockBeats On-chain Detection, prominent cryptocurrency investor James Wynn has significantly reduced his Bitcoin holdings. Within a span of just one and a half hours, Wynn liquidated positions worth $400 million, selling 3,688 BTC. This action decreased his total holdings from $830 million to $430 million. During the liquidation process, the price of Bitcoin experienced a pullback of approximately $1,000, dropping from $107,500. The previous day, Wynn had halted his sell-off when Bitcoin's price approached his initial entry point, opting instead to increase his long positions.
Crypto News: Blackstone Makes First Crypto Investment With $1M Bet on BlackRock's Bitcoin ETF
Binance News - Blackstone has disclosed its first-ever cryptocurrency investment, acquiring just over $1 million in shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT). The move marks a significant, albeit cautious, step into the digital asset space for the firm, which manages approximately $1.2 trillion in assets.SEC Filing Reveals Modest Position in Bitcoin-Linked ETFsAccording to a May 20 filing with the U.S. Securities and Exchange Commission (SEC), Blackstone reported owning 23,094 shares of IBIT valued at approximately $1.08 million as of March 31, 2025. The shares were purchased through the firm’s Alternative Multi-Strategy Fund (BTMIX), which currently manages $2.63 billion in assets.In addition to its IBIT position, Blackstone disclosed:A $6,300 stake in Bitcoin ...
ECB: digital euro by mid-2028, says Cipollone
Atlas21 - According to the ECB Executive Board member, the launch of Europe’s digital currency depends on the timing of the EU regulation. The post ECB: digital euro by mid-2028, says Cipollone appeared first on Atlas21.
Binance to Introduce AWE Network Across Multiple Platforms
Binance News - According to Binance's official announcement, the AWE Network (AWE) is set to be integrated into several Binance services, including Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, and Binance Futures. These additions are scheduled to take place on May 21, 2025, at various times throughout the day. **Binance Simple Earn and Buy Crypto** - AWE Flexible Products will be available on Binance Simple Earn starting at 08:00 (UTC) on May 21, 2025. Users can subscribe to these products to earn ...
U.S. Vice President Vance to Speak at Bitcoin 2025 Conference in Las Vegas
Binance News - According to Odaily, U.S. Vice President Vance has confirmed his attendance at the Bitcoin 2025 Conference, scheduled to take place from May 27 to 29 in Las Vegas. Vance is set to deliver a speech focusing on technological innovation, financial sovereignty, and economic resilience. Known for his crypto-friendly stance, Vance has previously disclosed his Bitcoin holdings, and his speech may influence cryptocurrency regulation in the U.S. and globally. Additionally, the event will feature appearances by White House AI and Cryptocurrency Czar David Sacks, Donald Trump Jr., and Eric Trump. The decentralized U.S. stock token trading platform, MyStonks.org, will also ...
OpenAI's Codex Marks Significant Shift in AI Programming
Binance News - According to Foresight News, OpenAI CEO Sam Altman highlighted the transformative impact of the AI programming agent Codex at the Microsoft Build 2025 Developer Conference. Altman emphasized that Codex represents one of the most significant advancements in the field, urging developers to strategically position themselves in response to the rapid evolution of AI technologies. He noted that such technological inflection points are rare, and those who invest early are likely to reap substantial rewards. Recently, ChatGPT introduced the programming agent Codex, a cloud-based software engineering tool capable of handling multiple tasks simultaneously. Unlike the ...
BlackRock and Fidelity Buy Over $590 Million in Bitcoin and Ethereum, BlackRock Hits New Bitcoin Holding Record
TheDefiant - BlackRock, the world's largest asset manager, has made substantial purchases of cryptocurrencies, acquiring over $590 million worth of Bitcoin and Ethereum in recent days
Bitcoin in Strive’s sights: 75,000 BTC from Mt. Gox among its targets
Atlas21 - Vivek Ramaswamy’s company bets on distressed bitcoin claims as its Bitcoin treasury strategy moves forward. The post Bitcoin in Strive’s sights: 75,000 BTC from Mt. Gox among its targets appeared first on Atlas21.
CME's XRP Futures Contracts See Strong Debut with $19 Million Trading Volume
Binance News - According to BlockBeats, the Chicago Mercantile Exchange (CME) reported that its XRP futures contracts achieved a nominal trading volume exceeding $19 million on their first day. On Tuesday, the nominal trading volume reached at least $10 million. Market participants view the introduction of these regulated futures contracts as a potential step towards the approval of a spot XRP exchange-traded fund (ETF) in the United States. Nate Geraci, President of ETF Store, expressed confidence, stating that a spot XRP ETF is only a matter of time.
Abraxas Capital Expands Short Positions in BTC and ETH with High Leverage
Binance News - According to Odaily, Abraxas Capital has increased its short positions in Bitcoin (BTC) and Ethereum (ETH) using 10x leverage, as monitored by Onchain Lens. The firm is facing an unrealized loss of $5.91 million on its BTC position and a $2.03 million loss on its ETH position. Additionally, Abraxas Capital holds a 10x leveraged short position in Solana (SOL), which currently shows a floating profit of $1.3 million.
Gold Prices Reach Highest Level Since May
Binance News - According to Odaily, market data indicates that spot gold has risen to $3,320 per ounce, marking its highest level since May 9. The price increased by 0.91% during the day.
KindlyMD Shareholders Approve Merger with Nakamoto Holdings
Binance News - According to Cointelegraph, shareholders of KindlyMD, Inc., a healthcare services provider, have approved a merger with Nakamoto Holdings, a Bitcoin holding company founded by U.S. President Donald Trump’s crypto adviser, David Bailey. The merger aims to create a network of Bitcoin-related entities. Both companies will file information statements with the Securities and Exchange Commission, as stated by KindlyMD on May 20. The merger is anticipated to occur 20 days after the information statement is shared with KindlyMD’s shareholders, with the transaction expected to conclude in the third quarter of 2025. ...
Germany Sold 49,858 Bitcoin for $2.89 Billion in June-July 2024, Missing Over $2.3 Billion as BTC Value Hits $5.3 Billion
TheDefiant - The German government sold 49,858 Bitcoin (BTC) between June and July 2024 for approximately $2
Cryptocurrency Market Shows Divergence in Funding Rates
Binance News - According to BlockBeats, data from Coinglass indicates that the current funding rates on major centralized and decentralized exchanges reveal a market characterized by both bearish and neutral sentiments. The specific funding rates for mainstream cryptocurrencies are detailed in the accompanying chart. Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the trading platform collecting these fees. It serves to adjust the cost or profit of holding contracts, ensuring that ...
Ethereum Co-Founder Proposes Significant Increase in Gas Limit
Binance News - According to BlockBeats, Ethereum co-founder Vitalik Buterin recently expressed on social media his desire to increase Ethereum's gas limit by 10 to 100 times. This proposal aims to enhance the network's capacity and efficiency, potentially addressing current scalability issues. The suggestion has sparked discussions within the Ethereum community regarding its feasibility and impact on the blockchain's performance.
Kalshi Appoints Donald Trump Jr. as Strategic Advisor Amid Collaboration with xAI
Binance News - According to BlockBeats, prediction market Kalshi has appointed Donald Trump Jr. as its strategic advisor. The company is collaborating with Elon Musk's artificial intelligence firm, xAI, to offer customized information that guides users' bets on the platform. Kalshi aims to leverage xAI's capabilities to integrate historical trend news articles, providing traders with valuable insights.Earlier this year, Kalshi's General Counsel, Eliezer Mishory, departed from the company to join Musk's government efficiency division, where he leads efforts related to the U.S. Securities and Exchange Commission.
Nvidia CEO Highlights AI's Impact on Computing Demand
Binance News - According to PANews, Nvidia CEO Jensen Huang has stated that DeepSeek has significantly increased the demand for artificial intelligence computing by 100 to 1,000 times. This surge underscores the growing influence of AI technologies on computing resources and infrastructure. Huang's comments reflect the rapid advancements and integration of AI in various sectors, necessitating enhanced computational capabilities to meet evolving needs.
Binance Partners with Association for Women in Cryptocurrency to Promote Inclusion in Web3
Binance News - Binance has officially joined the Association for Women in Cryptocurrency (AWIC) as a strategic sponsor, reinforcing its commitment to diversity, equity, and inclusion within the crypto and Web3 industry. The partnership will support a wide range of initiatives including mentorship, leadership development, and educational programs aimed at empowering women in digital finance.Promoting Equity Through Industry CollaborationAs part of the collaboration, Binance will actively participate in AWIC’s global efforts to foster greater representation of women in blockchain, from entry-level talent to leadership. The company will contribute to mentorship programs, sponsor networking events, and work on joint awareness campaigns that spotlight women’s roles and impact across the crypto ...
Wen Acquisition Corp Completes IPO, Raises $300 Million
Binance News - According to Odaily, Wen Acquisition Corp has successfully completed its initial public offering (IPO) of 30,015,000 shares, raising approximately $300 million. The company's stock is now trading on the Nasdaq Global Market under the ticker symbol 'WENNU'. Wen Acquisition Corp plans to focus on mergers, acquisitions, share exchanges, and asset purchases within the fintech sector. The company aims to integrate blockchain networks into traditional financial systems to enhance digital assets, such as stablecoins.
Binance Pay Integrates with Brazil’s Pix System, Enabling Instant Crypto-to-Reais Payments
Binance News - Binance Pay has officially integrated with Pix, Brazil’s national real-time payment system, allowing users to convert cryptocurrency into Brazilian reais (BRL) and complete instant transactions directly through the Binance app. The integration marks a significant development in the adoption of crypto-powered payments in Latin America.Binance Pay Enables Real-Time Crypto Transactions via PixThe new feature allows users in Brazil to select from over 100 supported cryptocurrencies, convert digital assets into BRL, and send payments to individuals or merchants through the Pix infrastructure, widely used across the country. The process is handled seamlessly within the Binance app, offering a familiar and fast payment experience.According to Binance, this is the first ...
Morgan Stanley Projects U.S. Treasury Yield for Next Year
Binance News - According to BlockBeats, Morgan Stanley has forecasted that the yield on the U.S. 10-year Treasury bond is expected to reach 3.45% in the second quarter of next year.
Ethereum Network Sees Destruction of 60 Million USDC
Binance News - According to PANews, Whale Alert has reported that on May 21, at 10:07 AM UTC+8, the USDC Treasury address on the Ethereum blockchain destroyed 60 million USDC, equivalent to approximately $59.98 million.
New Wallet Withdraws 5,032 MKR Worth $8.67 Million
Binance News - According to BlockBeats, a newly created wallet address has withdrawn 5,032 MKR tokens from FalconX, valued at approximately $8.67 million. The wallet address involved in this transaction is 0x65647f2651009f5ed1216d7504e959c8e4893b1d.
Strive Plans Acquisition of Mt.Gox Claims to Boost Bitcoin Reserves
Binance News - According to PANews, Strive disclosed plans on May 20 to acquire 75,000 BTC related to Mt.Gox claims deemed legal but not yet distributed. The acquisition, in collaboration with 117 Castell Advisory Group, aims to enhance Strive's Bitcoin reserves ahead of a reverse merger with Asset Entities. The Mt.Gox compensation is expected to be completed by October 31, pending shareholder approval.
SEC Delays Decision on Cryptocurrency Trust Fund Proposals
Binance News - According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the proposals submitted by 21Shares and Grayscale for XRP trust funds and Grayscale's Dogecoin trust fund ETF. The announcement was made on May 20.The SEC stated in its documentation that the delay is due to legal and policy issues related to these proposals, emphasizing that this does not imply any conclusions have been reached by the commission. Additionally, the SEC has also postponed its decision on Bitwise's proposal for an Ethereum ETF that allows staking.James Seyffart, an ETF analyst at Bloomberg Intelligence, noted that regardless of the SEC's leadership, the agency typically utilizes the full review period. He anticipates that the earliest possible approval could ...
Vitalik Buterin Proposes Easier Way to Run Ethereum Nodes
99Bitcoins - If you’ve ever thought about running your own Ethereum node but got overwhelmed by the idea of downloading the entire blockchain, Vitalik Buterin feels your pain. The Ethereum co-founder has just proposed a new solution called “partially stateless nodes,” and it could make running a node far more realistic for everyday users, not just hardcore.. The post Vitalik Buterin Proposes Easier Way to Run Ethereum Nodes appeared first on 99Bitcoins.
Bitcoin Trader Increases Position Amid Market Fluctuations
Binance News - According to Foresight News, on-chain analyst @ai_9684xtpa reported that James Wynn increased his Bitcoin position during a market surge early this morning. Wynn added to his 40x leveraged long position, bringing it to 7,764.264 BTC, valued at approximately $832 million. The opening price was $105,033.4 per Bitcoin, with a liquidation price set at $100,330. Currently, the position shows an unrealized profit of $16.59 million.
U.S. Senator Advocates for American Leadership in Digital Assets
Binance News - According to PANews, U.S. Senator Cynthia Lummis recently expressed on social media platform X that the United States must take the lead globally in the digital asset sector. Her statement underscores the importance of establishing a dominant position in the rapidly evolving digital economy.
New York City to Establish Digital Asset Advisory Board
Binance News - According to BlockBeats, New York City Mayor Eric Adams announced on Tuesday the formation of a digital asset advisory board aimed at bringing fintech job opportunities to the city. Speaking at a summit held at the mayoral residence, Gracie Mansion, Adams stated that the board will consist of industry experts, with the chairperson to be announced in the coming weeks.Adams emphasized that the initiative is intended to "leverage future technologies to better serve New Yorkers today." Beyond commercial interests, the city plans to explore blockchain technology for birth and death records, facilitating easier access for relatives of New Yorkers. The summit included participants from family offices and unicorn startups. Andrew Durgee, co-CEO of Republic, noted that ...
Ethereum Price Analysis: Potential Bullish Patterns and Resistance Levels
Binance News - According to Odaily, Ethereum's daily chart is forming a 'bull flag' pattern, with prices consolidating between $2,400 and $2,750. The target resistance is set between $3,000 and $3,100. A breakthrough above $2,600 could potentially lead to a rise towards $3,600. Additionally, Ethereum is attempting to reclaim the midline of the 2-week Gaussian Channel. Historically, ETH has seen significant increases above this indicator, such as a 93% rise to $4,000 in 2023 and a 1,820% surge in 2020. Despite a failure in August 2022, crypto trader Merlijn highlights the formation of a 'golden cross' between the 50-day SMA and the 200-day SMA, which may further strengthen ETH's breakout momentum. However, trader XO cautions that if ETH fails to break above $2,800 in the short term, it ...
Texas Passes SB21, Becomes Third State to Seek Governor's Approval for Bitcoin Investment
TheDefiant - Texas, the 8th largest economy in the world, has passed the Texas Strategic Bitcoin Reserve and Investment Act, known as SB21, allowing the state to invest in Bitcoin
El Salvador’s Bitcoin Portfolio Surpasses $644 Million With $357 Million Profit, Up 124% on $287 Million Investment
TheDefiant - El Salvador's President Nayib Bukele has disclosed the country's Bitcoin holdings, revealing an unrealized profit of approximately $357 million
Michael Saylor Says Bitcoin Is Best Asset and Greatest Digital Transformation of the 21st Century
TheDefiant - Michael Saylor, a prominent figure in the cryptocurrency space, has released a video explaining why he considers Bitcoin to be the best asset to own
SEC delays decisions on XRP and Dogecoin ETFs
CryptoBriefing - SEC delays decisions on XRP and Dogecoin ETFs, extending review period to examine compliance with fraud prevention and investor protection. The post SEC delays decisions on XRP and Dogecoin ETFs appeared first on Crypto Briefing.
MicroStrategy Sued Over Bitcoin Strategy, Holds 576,230 BTC Valued at $40.18 Billion
TheDefiant - MicroStrategy Inc
Crypto Markets Waver Amid Renewed US-China Trade Tensions
TheDefiant - Bitcoin hovers near $106,000 as Ethereum dips; leveraged liquidations hit $219 million.
Kim Jong Un’s North Korea Runs Mafia-Like Cyber Operation Laundering 13,562 BTC Through U.S. Marketplace, Funds Nuclear Program
TheDefiant - North Korea has developed a sophisticated and clandestine global cyber operation that experts compare to a mafia syndicate, according to a report by DTEX Systems
U.S. Controls 40% of Global Bitcoin Holdings; More Americans Own Bitcoin Than Gold
TheDefiant - The United States has emerged as the leading global power in Bitcoin ownership and influence
Bitwise Plans to Launch Crypto Options Income ETFs
Binance News - According to Odaily, Bloomberg analyst James Seyffart announced on the X platform that Bitwise is planning to introduce income-focused ETFs based on crypto options. The applications for these ETFs have been submitted and include options for Ethereum and Bitcoin. Additionally, there is an ETF targeting thematic cryptocurrency stocks, known as the Bitwise Crypto Industry Innovators ETF (BITQ). The three ETFs are named Bitwise Bitcoin Option Income Strategy ETF, Bitwise Ethereum Option Income Strategy ETF, and Bitwise BITQ Option Income Strategy ETF.
Sei Development Foundation Appoints Jamie Finn as Strategic Advisor
Binance News - According to PANews, the Sei Development Foundation has announced the appointment of Jamie Finn, co-founder of the securities token platform Securitize, as a strategic advisor. Finn has played a pivotal role in securing licenses for Securitize as a U.S. broker-dealer, transfer agent, and investment advisor, and has been involved in mergers and acquisitions exceeding $700 million. Justin Barlow, Executive Director of the Sei Development Foundation, stated that Finn's institutional resources and practical experience will aid in building compliant real-world asset infrastructure. Sei is currently enhancing performance to facilitate the on-chain integration of traditional financial assets.
ChatGPT's User Engagement Sees Significant Growth Over the Past Year
Binance News - According to Foresight News, OpenAI founder Sam Altman has reported a substantial increase in the daily active users of ChatGPT over the past year. Altman noted that the number of daily active users has more than quadrupled, alongside a notable rise in the number of messages sent each day.
Ethereum Transfer Sparks Speculation on Intentions
Binance News - According to TechFlow, on May 20, blockchain analysis platform Lookonchain reported that after Jeffrey Wilcke deposited Ethereum into a centralized exchange (CEX), eight newly created wallets withdrew a total of 105,736 Ethereum, valued at approximately $262 million. Lookonchain analysts suggest that Wilcke may not intend to sell the Ethereum but rather transfer it to other wallets.
JPMorgan CEO Predicts 50% Chance of Economic Recession
Binance News - According to BlockBeats, JPMorgan CEO Jamie Dimon has stated that there is a 50% likelihood of an economic recession. Dimon's remarks highlight the uncertainty surrounding the global economic outlook, as various factors continue to influence market conditions. His assessment reflects ongoing concerns about potential economic downturns and their impact on financial markets.
Standard Chartered Predicts Bitcoin to Hit $500,000 by 2028, Citing Increased Government Holdings in Strategy Before Trump Leaves Office
TheDefiant - Standard Chartered Bank has forecasted that Bitcoin could reach $500,000 by the end of 2028, citing recent U
Elon Musk’s xAI teams up with Kalshi to power prediction market bets with AI
CryptoBriefing - The xAI-Kalshi partnership could revolutionize prediction markets by enhancing decision-making with AI-driven insights, impacting financial and political sectors. The post Elon Musk’s xAI teams up with Kalshi to power prediction market bets with AI appeared first on Crypto Briefing.
ZKsync Proposes Upgrade to Reduce Gas Fees for zkSNARK Verification
Binance News - According to PANews, ZKsync has announced a new upgrade proposal aimed at optimizing elliptic curve precompilation and introducing a ModExp precompilation feature. This upgrade is expected to significantly reduce the gas fees for verifying typical zkSNARK proofs from approximately 6.8 million to around 370,000, marking a reduction of about 94%. The enhancement will enable elliptic curve operations such as ECAdd, ECMul, and ECPairing to be executed directly within the circuit, thereby lowering the cost of verifying ZK proofs by over 90%. The addition of the ModExp precompilation feature is designed for rapid modular ...
Bitcoin's Impact on Equity Capital Markets Highlighted by Strategy Founder
Binance News - According to BlockBeats, Strategy founder Michael Saylor has expressed that Bitcoin is transforming the equity capital markets. Saylor's remarks underscore the growing influence of cryptocurrency on traditional financial systems, suggesting a shift in how capital is raised and managed. This development reflects the broader trend of digital assets gaining traction in various sectors, potentially reshaping investment strategies and market dynamics.
Vitalik Buterin Proposes New Type of Node for Ethereum
TheDefiant - The changes to the scaling roadmap would introduce “partially stateless nodes” to make running a personal node easier.
Bitcoin Surpasses $2.1 Trillion Market Cap, Price Above $105,000, Doubling Berkshire Hathaway and Reaching $906 Billion Realized Cap
TheDefiant - Bitcoin's market capitalization has surpassed $2
China Backs Global Push for Yuan
CoinPaprika - China plans to expand the yuan’s global role, aiming to cut dependence on the U.S. dollar.
Thumzup Aims for $500M Bitcoin Play Amid Expansion Plans
CoinPaprika - Thumzup Media Corporation has filed to raise $500 million to invest in Bitcoin as a treasury reserve asset, signaling serious intent to enter the crypto space.
Americans Back Bitcoin Over Gold: Majority Favor Crypto Diversification
CoinPaprika - A new survey shows that 4 in 5 Americans support converting part of the U.S. gold reserves into Bitcoin, favoring diversification in national assets.
BlackRock's $IBIT ETF Hits $3B Daily Volume, Holds $65B in 631,962 BTC as Global AUM Reaches $131.08B
TheDefiant - BlackRock's spot Bitcoin ETF achieved nearly $3 billion in trading volume on a single day, indicating a surge in investor interest and institutional demand for Bitcoin exposure
Senate advances GENIUS Act after cloture vote passes
CryptoBriefing - The Senate's progress on stablecoin regulation could reshape financial innovation, but partisan divides may hinder comprehensive policy outcomes. The post Senate advances GENIUS Act after cloture vote passes appeared first on Crypto Briefing.
Bybit Becomes First Major Crypto Exchange to Offer USDT Stock Trading on MT5 With CFD Model
TheDefiant - Bybit has launched a feature enabling users to trade 78 major global stocks directly with USDT as part of its Gold & FX (MT5) expansion, becoming the first major cryptocurrency exchange to offer such a service
JP Morgan Predicts Bitcoin Will Outperform Gold in 2025 on U.S. States Buying Bitcoin for Strategic Reserves
TheDefiant - JP Morgan has forecasted that Bitcoin will outperform gold in 2025, anticipating more upside for the cryptocurrency in the second half of the year
Blackrock’s BUIDL Hits New Highs on CeDeFi and Euler Activations
TheDefiant - BounceBit’s basis trading approach, as well as Euler’s recent integration, serve as new use cases for the leading RWA fund.
JPMorgan Opens Bitcoin Access
CoinPaprika - JPMorgan Chase will soon let clients buy Bitcoin, even though CEO Jamie Dimon remains skeptical about the cryptocurrency.
Circle explores possible sale to Coinbase or Ripple amid IPO plans
CryptoBriefing - Circle's potential sale could reshape crypto market dynamics, influencing stablecoin governance and impacting IPO strategies amid economic uncertainties. The post Circle explores possible sale to Coinbase or Ripple amid IPO plans appeared first on Crypto Briefing.
Strategy Adds 7,390 BTC, Now Holds Over 576K Bitcoin
CoinPaprika - Strategy has boosted its Bitcoin holdings with a new $764.9M purchase, raising its total to over 576,000 BTC.
$499M Bitcoin Bet Signals Explosive Momentum Shift
CoinPaprika - A massive $499 million Bitcoin long position by trader James Wynn stirs market excitement as institutions pivot away from the U.S. dollar.
U.S. 30-Year Yield Tops 5% as Moody’s Cuts Credit Rating
CoinPaprika - The U.S. 30-year Treasury yield surged past 5%, driven by a credit downgrade, fiscal worries, and fading global demand.
Bitcoin must break $110K before alt season begins, says Arthur Hayes
CryptoBriefing - Bitcoin's rise could trigger selective altcoin growth, reshaping market dynamics and emphasizing fundamentals over speculative hype. The post Bitcoin must break $110K before alt season begins, says Arthur Hayes appeared first on Crypto Briefing.
Bitcoin sets new record weekly close after breaking above $106K
CryptoBriefing - Bitcoin's record close signals robust institutional interest and potential for further price surges, driven by limited supply and strong demand. The post Bitcoin sets new record weekly close after breaking above $106K appeared first on Crypto Briefing.
CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple
CryptoBriefing - CME's launch of XRP futures amid legal uncertainties highlights growing institutional interest in crypto derivatives, impacting market dynamics. The post CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple appeared first on Crypto Briefing.
Texas’ Bitcoin reserve bill heads to key reading before final floor vote
CryptoBriefing - Texas' move towards a Bitcoin reserve could bolster its financial resilience, setting a precedent for other states to consider similar strategies. The post Texas’ Bitcoin reserve bill heads to key reading before final floor vote appeared first on Crypto Briefing.
Fast-food giant Steak ‘n Shake debuts Bitcoin payments via Lightning Network
CryptoBriefing - Steak 'n Shake's Bitcoin adoption may accelerate crypto integration in mainstream commerce, appealing to tech-savvy consumers and boosting innovation. The post Fast-food giant Steak ‘n Shake debuts Bitcoin payments via Lightning Network appeared first on Crypto Briefing.
Galaxy Digital shares jump 15% on Nasdaq debut
CryptoBriefing - Galaxy Digital's Nasdaq debut highlights the growing integration of traditional finance with digital assets, potentially reshaping market dynamics. The post Galaxy Digital shares jump 15% on Nasdaq debut appeared first on Crypto Briefing.
South Korea’s Pension Fund Eyes Direct Bitcoin Investment
CoinPaprika - South Korea's National Pension Service (NPS) is considering direct Bitcoin investments, backed by political leaders and recent legislative changes favoring cryptocurrency
China’s Firms Bet Big on Bitcoin with Bold New Strategies
CoinPaprika - Two Chinese companies, DDC Enterprise and Addentax, are taking major steps to integrate Bitcoin into their financial strategies, signaling growing corporate interest in crypto.
Markets Ease on Istanbul Mess
Trustnodes - When Russia invaded Ukraine, bitcoin crashed. The reverse therefore, peace between the two, you'd think would help assets.
Borrow against your Bitcoin
CoinPaprika - Jack Mallers unveils Strike’s no-rehypothecation Bitcoin lending product and explains how his new company 21 aims to take Bitcoin financial services mainstream—with a $2 trillion asset class in sight.
Coinbase Rockets 15% After Joining S&P 500
CoinPaprika - Coinbase shares surged after being added to the S&P 500, a historic move for the crypto industry.
SEC Lets Dell Skip Bitcoin Proposal from Shareholders
CoinPaprika - The SEC has allowed Dell Technologies to exclude a shareholder request that would have pushed the company to consider Bitcoin as a treasury reserve asset.
UNDER EXPOSED EP 25
Decrypt - UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what they’re buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on YouTube and X.
Coinbase Jumps 25% on S&P 500 Inclusion
Trustnodes - Coinbase stocks are up close to 25% today, from $207 to $248, after it reveal on Monday's earnings that it is joining S&P 500 this Friday.
Crypto dips, Coinbase joins S&P 500, CPI today
Decrypt - Crypto falls, BTC acts like safe-haven asset. Coinbase set to join S&P 500, up 8% pre-market. Blackrock files for in-kind redemption on ETH trust. Arizona governor vetoes crypto reserve plans. Legal clarity paramount for tokenization: Pierce. Strategy bought $1.34bn BTC last week. GDC to buy BTC, TRUMP for $300m. Trump-linked ‘American Bitcoin’ to go public. Make New York world’s crypto capital: Adams. SOL DEX volume near 9-week high. SUI goes live broadly on Phantom. Animoca Brands plans to go public in US. SOL founder proposes new cross-chain DA. Dubai taps CryptoCom for crypto payments. Curve website faces DNS hack.
ETH Soars US-China Nearer To Trade Deal WIF Hits $1 2B
Decrypt - BTC hits 3-month high, then pulls back. BTC reaction to US-China deal muted. ETH up 40% in 5 days, leads majors. Altcoin OI up $5bn, suggests ‘top in 2-3 weeks’. BlackRock meets SEC on future plans for crypto. Trump supports bill to buy 1m BTC: Lummis. SWFs buying BTC only on small scale: Scaramucci. Nakamoto to raise $700m to buy BTC. Revised GENIUS Act expands regulatory jurisdiction. Vance to speak at Bitcoin 2025 conference in May. Atkins to deliver keynote speech on asset tokenisation. Brazil stock exchange to launch ETH, SOL futures. Coinbase launches 24/7 BTC, ETH Futures trading. HyperLiquid got ATH inflow last week. ByBit surpasses 70 million users. Lido successfully defends itself against exploit. BTC SV investors try to revive case against Binance. Tidal to launch ...
Strategy Adds $1.34B in Bitcoin, Now Holds Over $59B in BTC
CoinPaprika - Strategy has boosted its Bitcoin stash again, investing $1.34 billion to bring its total holdings to nearly 569,000 BTC.
Trump-Linked Microcaps Skyrocket on Crypto News and Mergers
CoinPaprika - Stocks tied to Donald Trump are soaring as small firms dive into crypto, driven by campaign insiders and bold new mergers.
Nasdaq Jumps 4%, Bitcoin Unmoved on China Trade ‘Deal’
Trustnodes - US stocks are seeing a very green Monday just days after US president Donald Trump said to buy stocks after announcing a deal with the United Kingdom.
Trump Ally Launches $300M Bitcoin Investment Firm "Nakamoto"
CoinPaprika - David Bailey, a crypto advisor to Donald Trump, is launching a $300 million bitcoin investment company named Nakamoto, aiming to bring more traditional investors into the digital asset space.
Coinbase Acquires Deribit in $2.9B Deal
CoinPaprika - Coinbase is set to become the top global crypto derivatives platform by acquiring Deribit for $2.9 billion.
Arizona Joins Bitcoin Reserve Movement With Unclaimed Crypto Fund
CoinPaprika - Arizona has launched its first Bitcoin and Digital Asset Reserve Fund, setting a new precedent by managing unclaimed digital assets instead of investing public money.
Crypto rallies, US-China trade talks to begin, FOMC decision today
Decrypt - Crypto rallies, US-China trade talks to begin, FOMC decision today FOMO HOUR EP352 BTC: 97k (+3%), ETH: 1840 (+2%), SOL: 147 (+2%). Top Gainers: LTC, STX, WLD, FET, QNT. BTC ETFs: -$86mn, ETH ETFs: -$18mn. Crypto rallies on US-China trade talk news. BTC dominance breaks through 65%. New Hampshire first state to setup crypto reserve. UK treasury rules out BTC reserve. ...
Paul Tudor Jones: Market Pain Ahead Without Policy Shifts
CoinPaprika - Billionaire investor Paul Tudor Jones warns that without a clear change in tariffs or Fed policy, U.S. markets are headed for deeper losses.
UNDER EXPOSED EP 24 - The Retail Rally, Trump’s Policy Impact & Crypto AI 2
Decrypt - UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what they’re buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on YouTube and X. LIVE AUDIO SPACE - https://x.com/i/spaces/1OyJALAWbYwGb Links: ...
BREAKING: Trump owns a lot of Bitcoins
CoinPaprika - Trump Reportedly Holds "A Lot" of Bitcoin, Says Eric Trump
Commerce Secretary's Firm Allocates 39% to MicroStrategy
CoinPaprika - U.S. Commerce Secretary Howard Lutnick's firm has put nearly 40% of its top equity holdings into MicroStrategy, showing strong support for Bitcoin exposure.
Binance Founder CZ Talks Life Inside Prison, Trump Presidency, and the State of Crypto
Decrypt - In an exclusive interview, Rug Radio's Farokh Sarmad sits down with Changpeng Zhao, known by many as "CZ," Binance's founder and former CEO. They discuss CZ's time in jail, its hardships and lessons, his thoughts on the second Trump presidency, and how he's feeling about the crypto space in general.
Strategy and Semler Scientific Expand Crypto Holdings
CoinPaprika - Strategy and Semler Scientific have significantly increased their Bitcoin reserves, showcasing a growing trend among corporations to adopt cryptocurrency as a strategic asset.
BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches
Decrypt - BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches FOMO HOUR EP349 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. Total crypto market cap reclaims $3.1T. BTC dominance hits 4-year high. Strategy ...
MSTR to buy 84 Billion more Bitcoin
CoinPaprika - MicroStrategy's Q3 earnings call delivered an intense, fast-paced showcase of its $84B capital strategy, signaling a new era of Bitcoin-based financial products.
Bunq Enters Crypto Market, Offers Over 300 Coins in App
CoinPaprika - Dutch neobank Bunq is now letting users buy and invest in over 300 cryptocurrencies directly from its app.
Nvidia Bitcoin Rumor Sparks Market Buzz
CoinPaprika - A rumor about Nvidia adding Bitcoin to its balance sheet has stirred the crypto market, despite lacking official confirmation.
Investors Unimpressed After Trump Adviser’s Tariff Talk Falls Flat
CoinPaprika - A key meeting between Donald Trump's economic adviser Stephen Miran and top investors backfired as he struggled to defend the administration's tariff policies.
Strategy Boosts Bitcoin Stash by $1.42B
CoinPaprika - Strategy has bought another 15,355 bitcoin, bringing its total holdings to 553,555 BTC—now valued at over $52 billion
Itaú lunches Oranje, MSTR competitor
CoinPaprika - Latin America's crypto landscape is heating up with major moves from Brazil, Argentina, and Panama City.
Spicy Project: Gora Network
CoinPaprika - Spicy Projects is back with another Web3 gem! Today we're spotlighting Gora Network - the oracle protocol that's cooking up customizable data feeds and AI smarts to power the next generation of decentralized apps.
FED says YES to crypto
CoinPaprika - The Federal Reserve has opened new doors for banks to work with crypto, marking a major change in its policy.
Whales Fuel Bitcoin's Comeback with Major Accumulation
CoinPaprika - Large Bitcoin holders are actively buying again, signaling renewed confidence as prices rebound.
China Pushes Yuan Globalization Amid Rising Trade Tensions
CoinPaprika - China is intensifying efforts to promote the yuan in global trade by enhancing cross-border financial services, responding to escalating trade disputes and protectionism.
Zulauf: Great bullrun ahead in 2026 & 2027
CoinPaprika - Renowned forecaster Felix Zulauf believes the 2025 market correction is nearly complete and urges investors to prepare for a powerful bull market into 2026 and 2027, backed by geopolitical shifts, capital repatriation, and global stimulus plans.
Atkins sworn in as US SEC chair
CoinPaprika - Paul Atkins has officially taken over as the new SEC Chair, marking a clear shift toward pro-business, deregulatory leadership under the Trump administration
Strategy buys more Bitcoins!
CoinPaprika - MicroStrategy has expanded its Bitcoin portfolio with a major purchase, reaffirming its position as the leading corporate holder of BTC.
Brand: ETH will fall to 800$
CoinPaprika - Veteran trader Peter Brandt warns that Ethereum's price could drop sharply to $800 if current chart patterns play out.
A new kids’ show will come with a crypto wallet when it debuts this fall
TechCrunch - A new animated kids’ series expected to premiere this year won’t be headed for a TV network. Or a streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. And yes, a crypto wallet will be involved. We Ghosted Media — founded by […]
How to Analyze Crypto Market Data for Smarter Investments
CoinPaprika - The cryptocurrency market is known for its volatility, so data analysis is essential for making informed investment decisions. Whether you are a beginner or an experienced trader, understanding how to analyze crypto market data can assist you in identifying trends, managing risks, and maximizing profits. This guide details the key aspects of market analysis to help you make smarter investment choices.
Semler to raise 500M to buy Bitcoin
CoinPaprika - Semler Scientific is pushing forward with its Bitcoin investment strategy despite a $41.8 million paper loss and plans to raise $500 million through a securities sale.
MicroStrategy Buys 3,459 More BTC for $285.8M, Total Holdings Surpass 531K
CoinPaprika - Microstrategy buys 3459 Bitcoins
Trump Exempts Smartphones From Tariffs, Giving Apple and Tech Stocks a Boost
CoinPaprika - Trump's decision to exclude smartphones and key electronics from steep China tariffs offers relief to tech giants and hints at a softer trade stance.
Fed signals that printing is coming
CoinPaprika - The US Federal Reserve is ready to step in if markets become unstable—a move that could also ripple into the crypto space.
China Hikes Tariffs, EU Warns Retaliation
CoinPaprika - China’s tariff hike and the EU’s warning of tech-focused retaliation signal a sharp escalation in global trade tensions with the US
Trump Puts New Tarrifs on China, 125%!
CoinPaprika - President Donald Trump has announced a major tariff hike on Chinese imports, raising rates to 125% in response to what he calls unfair trade practices.
US crypto enforcement is no more
CoinPaprika - The Trump administration is rolling back crypto enforcement, shifting focus away from prosecuting platforms for user actions.
Trade war is on. Navarro: no negotiations
CoinPaprika - Donald Trump has ignited a global trade war by enforcing sweeping new tariffs, defying market turmoil and criticism from business and political leaders.
MegaETH: Supercharging Ethereum for the Real-Time Internet Era
CoinPaprika - MegaETH is building a high-speed version of Ethereum designed to process transactions in real time and scale like traditional internet systems.
Trump escalates trade war. BTC at 80k
CoinPaprika - Donald Trump has reignited global trade tensions with a sharp warning to China—threatening a 50% tariff hike unless Beijing backs down—fueling market swings and raising concerns that his aggressive approach could trigger deeper economic disruption far beyond tariffs alone.
Markets are crashing. Bitcoin at 75k
CoinPaprika - Global markets and cryptocurrencies tumbled as Trump’s tariff escalation sparked fears of a global recession and mass investor sell-offs.
Circle delays IPO
CoinPaprika - Circle may delay its IPO plans as market turmoil from new U.S. trade tariffs sparks investor fear and economic uncertainty.
Trump imposes global tarrifs
CoinPaprika - Donald Trump has launched a sweeping new tariff plan aimed at reshaping global trade, imposing broad duties on imports and escalating tensions with key US trading partners.
Bukele May Visit Trump as Bitcoin Goals Align
CoinPaprika - President Bukele may visit Trump at the White House, sparking talk of stronger ties and shared goals on Bitcoin and national crypto reserves.
Binance and Gemini User Data Leaked on Dark Web
CoinPaprika - Over 230,000 Binance and Gemini user records, including names and contact info, have appeared for sale on the dark web, likely due to phishing attacks.
Vitalik Buterin Unveils New Plan to Improve Ethereum Layer 2
CoinPaprika - Vitalik Buterin has revealed a new Ethereum roadmap to boost Layer 2 security and finality, while pushing for open-source funding over public goods funding.
CFTC Eases Crypto Rules to Match Traditional Finance
CoinPaprika - The CFTC has dropped key directives on crypto derivatives, aiming for equal treatment with traditional finance while keeping strong risk oversight.
CFTC Eases Crypto Rules, Pushing for Equal Treatment with Traditional Finance
CoinPaprika - The CFTC has scrapped key directives on crypto derivatives, signaling a shift toward treating digital assets like traditional financial products.
Ethereum’s Comeback: Real Use Over Hype in Bitcoin’s Shadow
CoinPaprika - Despite falling prices and criticism, Ethereum’s growing Layer-2 use and loyal community signal a strong push for real-world blockchain adoption.
Researchers accuse North Korea of $1.4 billion Bybit crypto heist
TechCrunch - North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher
Sam Altman’s Worldcoin becomes World and shows new iris-scanning Orb to prove your humanity
TechCrunch - Worldcoin, the Sam Altman co-founded “proof of personhood” crypto project that scans people’s eyeballs, announced on Thursday that it dropped the “coin” from its name and is now just “World.” The startup behind the World project, Tools for Humanity, also unveiled its next generation of iris-scanning “Orbs” and other tools at a live event in […]
Aptos CEO Mo Shaikh shares his journey to web3 and market opportunities in Asia and Middle East
TechCrunch - TechCrunch sat down with Shaikh this week at the Korea Blockchain Week 2024 conference in Seoul to talk about Aptos' expansion; its partnerships with major Asian web2 companies; and how Aptos uses blockchain to make financial transactions seamless and cost-effective.
South Korean tech giant Naver launches crypto wallet in partnership with Chiliz
TechCrunch - Many tech companies are expanding their reach into the web3 market, integrating blockchain and web3 technologies into their products and services. In the latest development, South Korean internet giant Naver is launching its first digital asset wallet, Naver Pay Wallet, for the Korean market. It is partnering with Chiliz, a blockchain provider for sports and […]
Global crypto firms turn to Hong Kong for refuge — and opportunity
TechCrunch - With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the space are looking overseas to find friendlier climates to support their growth. One such destination is Hong Kong, which, seeking to restore its status as a financial hub, is banking on favorable crypto regulations to draw a fresh raft […]
Vana plans to let users rent out their Reddit data to train AI
TechCrunch - In the generative AI boom, data is the new oil. So why shouldn’t you be able to sell your own? From Big Tech firms to startups, AI makers are licensing e-books, images, videos, audio and more from data brokers, all in the pursuit of training up more capable (and more legally defensible) AI-powered products. Shutterstock […]
Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market
TechCrunch - If the 2023 crypto venture landscape was an ice-cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly Capital, said to TechCrunch. And he’s not wrong: $2.52 billion in total capital has been raised across the crypto […]
A new web3 network is being built right now that wants to end Big Tech’s control of your data
TechCrunch - Many of the people building web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach. Some of the problems with the web that exists today, which some web3-focused people call Web […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
CoinTelegraph - Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken. Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13. The Elliott wave principle is a type of technical analysis for predicting prices ...