Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin (BTC) continues to trade close to its new all-time high (ATH) of $111,980, set earlier this week. While some argue that the top digital asset may be
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is currently trading above $107,000 following a recent peak that saw the asset touch a new all-time high above $111,000. Although this marks a 3.9% drop from
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. As of May 29, 2025, the 7-day simple moving average (SMA)
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
Russias 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 wont be able to hold the digital assets; instead, they will only receive payouts based on price movements. In a May 28 press release, the central bank confirmed that Russian
Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This weeks 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. This weeks batch
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. Huge win for crypto today. The SECs case against us is dismissed, Binance revealed in a May 30 X post. The company also
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 bitcoins dip below $105,000 early Friday. According to data from Arkham Intelligence, Wynn has been liquidated on four positions
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. CryptoQuant’s analysis highlighted a notable disconnect in the current Bitcoin rally. As BTC
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
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
Bitcoin’s price ascent was stopped ahead of $111,000 yesterday, and the asset has retreated and calmed at around $109,000. There’s an evident lack of volatility from most altcoins as well, aside from SUI, which has surged by 6%, and XMR, which has dumped hard. Bitcoin reminded of its bull season last week when it finally
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
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. According to Lummis, she has spoken to generals who understand that economic power is just as important
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
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum (ETH), the world’s second-largest cryptocurrency, has experienced considerable price fluctuations recently, trading at approximately $2,633 at the time of writing. The asset registered a mild decline of
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
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the countrys 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending approval by the IMFs Executive Board and is dependent on the implementation of agreed-upon conditions. According to a joint statement from IMF officials Rodrigo Cubeddu
This is getting ridiculous, exclaimed ETF Store President Nate Geraci on X on May 29, following the latest bumper inflow day for BlackRocks 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
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 Musks artificial intelligence (AI) company xAI. A series of tweets between Telegrams founder, Pavel Durov, and Musk reveals that both companies have
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