Elon Musk’s latest announcement about a new encrypted messaging feature on X has ignited a firestorm, not for the feature itself, but for his baffling description of its underlying tech. On June 1, the X owner revealed via his official account on the social platform that the new XChat has been “built on Rust with...Read More
[PRESS RELEASE – Panama City, Republic of Panama, June 2nd, 2025] Diamonds have represented wealth, luxury, and long-lasting value for years. But while they have held great appeal, the fact is that the majority of diamond investments were not easily accessible to a common person. High costs of entry, unclear pricing methods, along with the...Read More
The world’s largest corporate holder of bitcoin continues with its BTC accumulation strategy, this time with a relatively modest purchase. Announced just minutes ago, Michael Saylor’s brainchild has spent $75.1 million to acquire 705 BTC at an average price of $106,495 per bitcoin. Strategy has acquired 705 BTC for ~$75.1 million at ~$106,495 per bitcoin...Read More
A lot of market dynamics witnessed in past bull cycles have played out differently in this one. One of them is the on-chain patterns and trends that precede altcoin seasons, which refer to periods when alternative cryptocurrencies outperform bitcoin (BTC). While traders are skeptical that the market will witness an altseason before this cycle is...Read More
[PRESS RELEASE – Castries, Saint Lucia, June 2nd, 2025] PrimeXBT, a global multi-asset broker, has expanded its regulated offerings with approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide crypto services. This development strengthens PrimeXBT’s presence in one of Africa’s leading financial markets and supports the company’s broader mission to advance...Read More
Over the last year, meme coins have garnered significant attention in the space, attracting high trading volumes and generating returns of several thousand percent in a matter of hours in some cases, despite being highly controversial. These often-viral assets are doing more than just making headlines. Meme Coins Spark Broader Crypto Participation According to the...Read More
Tron TRX has maintained strong stability during a period of widespread market turbulence. The tenth-largest cryptocurrency has consistently traded above $0.26 for over two weeks and has managed to retain this level even as global trade tensions rise. This growth amid broader market volatility is supported by a marked decline in key risk metrics. TRX...Read More
Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now. After rallying by more than $15,000 over the month, the king crypto has shed $9,000 in the last week alone, slipping to the $103,000 level, putting traders on edge and sparking new...Read More
The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s break down what’s happening with XRP’s price action and the important support and resistance levels to watch. XRP Bounces from Key Support Zone On the daily chart, XRP recently bounced from a key support area between $2.10 and $2.15. This...Read More
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc., a technology firm headquartered in the Philippines, and its administrator, Liu Lizhi. The company has been implicated in running a “pig butchering” scam. $200M Scam Uncovered According to the official press release, Funnull has stolen over $200 million from...Read More
The Ethereum price soared over 5% this week and surpassed $2,700, while the Shiba Inu coin price is up on the monthly chart. As altseason approaches, ETH is expected to be at the forefront, with SHIB on course to lead the meme craze. Meanwhile, experts are bullish on Unilabs (UNIL), a novel AI-backed asset manager...Read More
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21, 2025, loan volumes have dwindled to just over $50 million – a steep 83% drop since January and a staggering 97% from the January 2024 high. At its peak, activity surged with platforms like Blur’s...Read More
Bitcoin’s record-breaking rally to an all-time high of $112,000 on May 22nd has ushered in a wave of heightened investor expectations. The surge, catalyzed by a sudden bullish breakout following the White House’s decision to delay 50% tariffs on EU goods, has since been tempered by geopolitical uncertainty and clear signs of market overexuberance. Social...Read More
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25 cycle, which revealed both volatility and capital flow patterns that contrast sharply with prior cycles and competitor assets like Bitcoin and Solana. Ethereum Faces Significant...Read More
In a strategic move to accelerate its Bitcoin acquisition goals, Japan-based Metaplanet issued $21 million in interest-free bonds to the Evo Fund on May 29, following a separate $50 million raise the previous day. These zero-coupon bonds, known as the 17th series, come with a $525,000 face value and are set to mature on November...Read More
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s view that participants in Protocol Staking...Read More
French football giant Paris Saint-Germain (PSG) has scored a historic first: It has become the inaugural major sports club in the world to allocate Bitcoin (BTC) to its treasury reserves. The move, announced by Pär Helgosson, Head of PSG Labs and Web3, at the Bitcoin 2025 conference in Las Vegas on May 29, signals a...Read More
With Bitcoin trading below $106,000, some participants are opting to cash out partial holdings, looking to lock in profits amid the crypto asset’s impressive price performance in the past month or so. While this raises concerns of early signs of a trend reversal, new data revealed the sustainability of the rally. NRPL Signals Continued Optimism...Read More
[PRESS RELEASE – George Town, Grand Cayman, May 30th, 2025] Zircuit, the chain where innovation meets security, announced the launch of non-custodial wallet top-ups for Crypto.com Visa Cards. This new integration enables users to seamlessly fund their cards via Zircuit. Now live in the Crypto.com App, this feature allows users to connect a non-custodial wallet...Read More
The digital asset infrastructure provider Ripple is gradually actualizing its vision of becoming a powerhouse for institutional liquidity flows. The firm’s recently acquired prime brokerage platform, Hidden Road, has launched a crypto over-the-counter (OTC) service for institutions in the U.S. According to an official release from Hidden Road, the brokerage will enable U.S. institutional clients...Read More
While the collective crypto market has witnessed significant recovery this month, there is a growing disconnect in risk appetite among market participants. Investors are correctly positioned for Bitcoin’s rally, but similar optimism in the altcoin space has resulted in heavy losses, shows a recent report. Trader Missteps in Altcoins Since the approval of spot Bitcoin...Read More
[PRESS RELEASE – Texas, United States, May 30th, 2025] Threshold’s tBTC Achieves Unprecedented Integration as Gas, Collateral, Infrastructure on Mezo’s $151M TVL Platform. Mezo launched on Mainnet this week with a total value locked of $151 million, alongside 22,983 active users from their testnet. The platform has integrated tBTC across two critical layers—gas payments and...Read More
The pseudonymous cryptocurrency trader, James Wynn, who bet more than $1 billion on bitcoin (BTC) about a week ago, is currently suffering losses after being wrecked for more than $118 million. This liquidation was triggered by bitcoin’s dip below $105,000 early Friday. According to data from Arkham Intelligence, Wynn has been liquidated on four positions...Read More
The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against crypto exchange Binance. This puts an end to one of its most high-profile enforcement actions in the crypto space. Joint Dismissal Motion “Huge win for crypto today. The SEC’s case against us is dismissed,” Binance revealed in a May 30 X post....Read More
Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This week’s event is larger than usual as it’s the end of the month, which could induce more volatility into markets that have been in retreat for the past several days. Crypto Options Expiry...Read More
Russia’s Central Bank has approved the trading of financial instruments tied to crypto prices for qualified individuals. However, these instruments must be non-deliverable, meaning investors won’t be able to hold the digital assets; instead, they will only receive payouts based on price movements. Strict Risk Controls In a May 28 press release, the central bank...Read More
A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued by the Southern District of New...Read More
Bitcoin reached a record high of almost $112,000 on May 22 and has remained relatively close to that mark ever since, keeping investors on edge for a potential breakout. Despite subdued market activity, the Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment. Accumulation Signals As of May 29, 2025, the 7-day simple moving...Read More
Ethereum (ETH) is flashing bullish signals, prompting prominent market watchers to predict a surge past the $3,000 mark as early as June. The second-largest cryptocurrency is bucking broader market trends and raising hopes for a long-awaited altcoin season, thanks to sustained institutional inflows and positive technical indicators. Technical Hurdles and the $3K Target At the...Read More
[PRESS RELEASE – Miami, FL, May 29th, 2025] Everstake, a leading global non-custodial staking provider for retail and institutional clients, has successfully achieved SOC 2 Type II, ISO 27001:2022 certifications, and GDPR (General Data Protection Regulation) compliance, further solidifying its commitment to the highest security and regulatory standards. The independent audit was conducted by Prescient...Read More
