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Hyperliquid Labs Responds to CFTC on Perpetual Swaps
23.5.2025
Hyperliquid Labs has written two comment letters to the US Commodity Futures Trading Commission (CFTC) in response to…
US tourist drugged by fake Uber driver and robbed of $123K BTC — Report
22.5.2025
An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin (BTC) stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling...
Senators plan to amend GENIUS Act to address Trump family's stablecoin
22.5.2025
Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry.According to a May...
XRP price fails to respond to two extremely bullish developments — Here is why
22.5.2025
Key takeaways:The SEC’s decision on a spot XRP ETF could ignite a significant rally.The current $2.2 billion in XRP futures hints at growing institutional investor demand.The two most bullish events ever imagined by XRP (XRP) advocates happened in 2025, but XRP continues to underperform...
Sui validators freeze majority of stolen funds in $220M Cetus hack
22.5.2025
Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen.According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder...
OpenAI plans to ship 100 million pocket-sized AI devices for everyday use
22.5.2025
OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI...
Solana price fractal targets rally to $260, but one thing must happen first — Analysts
22.5.2025
Key takeaways:Solana’s bull flag pattern projects a rally to $260, but low spot buy volumes have analysts advising caution.After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin...
Kraken to offer tokenized US stocks to non-US clients
22.5.2025
Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with...
US lawmaker introduces anti-corruption bill ahead of Trump's dinner
22.5.2025
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.”In a May 22 notice, Waters said the Stop Trading, Retention,...
BTC price eyes $112K as risk assets 'ignore bad news' on unemployment
22.5.2025
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...
Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts
22.5.2025
Key takeaways:Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued.Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases.Long-term holders are not aggressively selling...
Carmaker DeLorean tokenizes EV reservations on Sui
22.5.2025
DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.According to DeLorean, its Build Slot NFT collection grants holders priority access...
Solana's Seeker Phone Coming in Early August Along With SKR Token
21.5.2025
"SKR will power economy, incentives, and ownership across the ecosystem," said the mobile team at Solana Labs
Justin Sun to attend Trump's dinner with memecoin backers
20.5.2025
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said...
Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
20.5.2025
Key takeaways:Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors.$1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds.The aggregate open interest in Bitcoin (BTC) futures...
Ethereum price gained 90% the last time this indicator turned bullish
20.5.2025
Key Takeaways:Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600.If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur.Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with...
Bancor files patent infringement lawsuit against Uniswap over DEX tech
20.5.2025
Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.According to the May 20 announcement of the lawsuit, Bancor...
Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins
20.5.2025
Key takeaways:An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace.Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send...
Coinbase CEO's journey from no 'political causes' to hiring DOGE staff
20.5.2025
Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with Republican figures, including members of US President Donald Trump’s inner circle.In a May 13 X post...
Validation Cloud deploys Web3 AI engine on Hedera
20.5.2025
Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI engine has been deployed on Hedera, with several other...