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
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
TL;DR After sitting on the sidelines for a few weeks, Cardano whales have gone on an accumulation spree, purchasing over 180,000,000 ADA within the past seven-day period. The team behind the layer-1 blockchain announced a big integration yesterday of Bitcoin Ordinals, which, according to analysts, could also fuel a substantial price reversal. Whales Start Buying...Read More
As bitcoin cools off from the latest rally, BTC sitting in wallets belonging to long-term holders has begun to move again. This raises the question of whether these moves are profit-taking by this investor cohort or merely strategic reallocation for further price appreciation. Data from the market research and intelligence firm Glassnode shows that the...Read More
The cloud-based social media and messaging app Telegram appears to be in distress amid efforts to raise funds via a debt issuance. The company currently has a pending $300 million deal with Elon Musk’s artificial intelligence (AI) company xAI. A series of tweets between Telegram’s founder, Pavel Durov, and Musk reveals that both companies have...Read More
“This is getting ridiculous,” exclaimed ETF Store President Nate Geraci on X on May 29, following the latest bumper inflow day for BlackRock’s iShares Bitcoin Trust (IBIT). The BlackRock fund saw another large inflow day on May 28 with $481 million entering the ETF. This has culminated in 33 consecutive trading days without an outflow, the...Read More
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending approval by the IMF’s Executive Board and is dependent on the implementation of agreed-upon conditions. Progress and Fiscal Reforms According to a joint statement from...Read More
Over the past year, AI-driven projects have taken center stage in the crypto space. Currently, this sector includes 20 tokens with a collective market cap nearing $20 billion, which makes it the smallest crypto segment at just 0.67% of the overall market. To put this into perspective, the Financials sector holds a market value of...Read More
U.S. Senator Cynthia Lummis has stated that American military generals are “big supporters” of a strategic Bitcoin reserve. The Wyoming lawmaker made the remarks earlier this week while addressing attendees at the Bitcoin 2025 conference in Las Vegas. Economic Power and Security According to Lummis, she has spoken to generals who understand that economic power...Read More
There has been a notable surge in USD1-paired meme coins on the BNB chain, specifically from the BUILDon meme project. Since May 21st, these tokens have rapidly risen to dominate over 50% of total meme coin trading volume on BNB, and have soared to nearly 90% in subsequent days, according to the latest analysis by...Read More
Almost two months after completing a massive $1.5 billion convertible stock offering to raise funds for BTC purchases, GameStop has announced its first bitcoin purchase, worth approximately a third of the entire amount raised. The company has now joined a growing number of entities that accumulate and store bitcoin as part of their strategic reserves....Read More
The possibility of trading spot XRP exchange-traded funds (ETFs) in the United States just went a notch higher. This is because the U.S. Securities and Exchange Commission (SEC) just commenced its first formal review of an application seeking to launch an XRP ETF in the country. According to a filing from the securities agency, it...Read More
Decentralized exchange Cetus Protocol, built on the Sui network, has vowed to fully compensate users impacted by a $223 million exploit that struck its Concentrated Liquidity Market Maker (CLMM) pools on May 22. The commitment hinges on an upcoming community vote to recover $162 million in frozen assets and a critical loan from the Sui...Read More
Ethereum is outperforming the rest of the crypto market at the moment in a rare move that has added 3.2% on the day while total capitalization has declined. The asset has hit $2,700 twice in the past week, the most recent in late trading on Tuesday, but it found resistance there both times. Crypto traders...Read More
As Bitcoin trades near its recently established ATH, a crucial factor is missing from the surge: widespread retail activity. But the latest data points to early signs of movement. Such a comeback could push the world’s largest cryptocurrency to secure more gains. Early Signs of Retail Interest CryptoQuant’s analysis highlighted a notable disconnect in the...Read More
Bitcoin’s price rallied 50% from the April lows, hitting an all-time high of approximately $112,000 on May 23 amid renewed market momentum. On the backdrop, a key Bitcoin metric has quietly reached a level that has historically preceded major market turning points. While the data suggests widespread unrealized gains among holders, analysts urge restraint. UTXO...Read More
Tron (TRX) may be poised for an explosive breakout, with market analysts now pointing to its correlation with Bitcoin (BTC) as a major catalyst. According to on-chain researcher Carmelo Alemán, TRX could “multiply significantly in value,” potentially even quadrupling, if BTC continues its bull run through the rest of the year. A Catalyst for Altcoin...Read More
Bitcoin’s record-breaking rally last week collided headfirst with geopolitical turbulence, as U.S. President Donald Trump returned to making tariff threats, this time aimed at the European Union (EU). The move injected volatility into a market fresh off its all-time high (ATH) after BTC came within a couple of hundred bucks of flying past $112,000. It...Read More
Retail investors remain mostly on the sidelines in the current Bitcoin market, showing limited trading activity and reduced participation. Investor behavior this cycle could look very different from previous ones. As such, the next big push in the crypto market might not come from where most expect. Not Retail, Here’s Whose Stepping In Instead In...Read More
Michael Saylor, executive chair of Strategy, has warned that on-chain proof-of-reserves may create artificial intelligence-related security attacks. Speaking during a panel on the sidelines of the Bitcoin 2025 conference, Saylor said the practice is a “bad idea.” Security Risks and Incomplete Transparency When asked about the growing trend of institutions adopting the transparency measure, Saylor...Read More
Circle, the company behind the world’s second-largest stablecoin (USDC) is reportedly targeting a valuation of $5.65 billion in a US-based initial public offering (IPO). According to Reuters, Circle will be issuing around 9.6 million shares, while some of its shareholders are looking to offload around 14.4 million shares, priced between $24 and $26 each, in...Read More
The crypto market is bracing for what some are calling a “generational altcoin opportunity,” with key on-chain signals and shifting capital flow hinting at an altseason around the corner. At the forefront of this call is pseudonymous analyst Rekt Fencer, who recently outlined several tokens he claims are primed for explosive gains of between 50x...Read More
Altcoins are largely in retreat mode again today while Bitcoin holds steady around $109,000, and their lackluster performance has not gone amiss among traders and analysts. Crypto YouTuber Lark Davis was among those who observed that “don’t really do anything” while Bitcoin hits a peak, retreats, and recovers. “That’s the state of the crypto market...Read More
