CRYPTO
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BTC price eyes $112K as risk assets ‘ignore bad news’ on unemployment
Key points: Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session. BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking. Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open as…
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Bitcoin bull market ‘almost over?’ Traders split over BTC price at $105K
Key points: BTC price action retargets $105,000 after the Wall Street open, rising 2.5% from the day’s lows. Volatility continues, leading market participants to varying conclusions over what will happen to BTC/USD next. Perspectives include the Bitcoin bull market being in its final stages. Bitcoin (BTC) sought a rebound from a 4% dive at the May 19 Wall Street open…
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US Senate will pass Stablecoin bill — Digital Chamber chief
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group. Speaking to Cointelegraph at Consensus 2025, Carbone argued it is in the best interests of the US to pass comprehensive…
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Yuga Labs sells CryptoPunks IP
Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement. The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation…
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In volatile markets, RWAs like gold are a lifeline
Opinion by: Kevin Rusher, founder of RAAC It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors have dumped risk assets and scrambled for safe havens. Gold is leading the charge. While gold is safe, it is not very hard-working. Unlike…
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Trump memecoin dinner attendees could include foreign nationals — Report
At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States. According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard used foreign exchanges that exclude US-based customers,…
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Saylor signals impending Bitcoin purchase following Q1 earnings call
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company. The company’s most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company’s total holdings to 553,555 BTC. According to data from SaylorTracker, Strategy is…
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Devs introduce Ethereum R1 layer-2 scaling solution
A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to the announcement, the project relies entirely on donations, does not have venture funding, and does not have any pre-mined token allocations or a…
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BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why
What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which still lags compared to competitors.…
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Ethical finance must guide crypto’s evolution
Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own Foundation Crypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled. We must return crypto to its decentralized roots, a technological revolution…
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