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South Korea’s Democratic Party sets up ‘Digital Asset Committee’


The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth.The committee held its inaugural meeting at the National Assembly Members’ Hall in Seoul on May 13, the local...

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push


Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release.WonderFi...

History rhymes? XRP price gained 400% the last time whale flows flipped


Key takeaways:XRP price has risen 55% since April and is now flashing bullish continuation signals.Whale flows have flipped positive for the first time since November 2024, historically signaling trend reversals.A falling wedge breakout projects 40% gains ahead, but $2.80 may act as interim...

Brave adds Cardano blockchain support to browser and Web3 wallet


Update (May 13, 1:00 pm UTC): This article has been updated to add third-party commentary from Robert Roose.Web3 and privacy-focused web browser Brave Browser has integrated the Cardano blockchain into its native and standalone wallets.According to a May 12 announcement, the integration stems from...

Solana co-founder proposes meta chain to fix blockchain fragmentation


Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks.In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across...

Animoca Brands Eyes US Listing, Citing Trump’s Crypto Stance


Animoca Brands is planning to list on the New York Stock Exchange, with an announcement expected soon. Executive Chairman Yat Siu said the listing is motivated by U.S. President Donald Trump’s favorable regulatory stance on digital assets. Trump’s Light-Touch Regulation Hong Kong-based...

Tether Gold enters Thailand with listing on Maxbit exchange


Tether, issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit.In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange...

Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300M


GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve.In a May 12 statement, GDC and its subsidiary, AI Catalysis Corp....

Animoca eyes New York listing, cites Trump’s crypto-friendly stance


Hong Kong-based Animoca Brands is preparing for a listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s biggest capital market.Animoca executive chair Yat Siu told the Financial Times that...

Trump-owned Truth Social denies it is launching a memecoin


Truth Social, the social media network owned by Trump Media, has denied it is launching a memecoin following circulating rumors on social media.“Contrary to rumors, Truth Social is not launching a memecoin,” the official Truth Social account posted on its platform. The social media...

Eric Trump-Backed Bitcoin Giant Prepares for Nasdaq Breakout


A high-powered merger is catapulting American Bitcoin into the public spotlight as it fast-tracks a Nasdaq debut, unleashing massive momentum for institutional-scale mining. Eric Trump-Backed Bitcoin Giant Fast-Tracks IPO Via Gryphon Takeover Deal American Bitcoin Corp., a firm backed by Hut...

Top TRUMP whales hold $174M in tokens ahead of dinner with US president


The list of the top holders of US President Donald Trump’s memecoin has been finalized ahead of background checks to apply for a dinner and “VIP tour” with the president on May 22.In a May 12 X post, the TRUMP memecoin project said it would stop considering additional purchases...

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why


Key takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720...

Polymarket Bettors Put 56% Odds on Trump Eliminating Capital Gains Tax


Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently...

Trump-linked miner American Bitcoin going public via Gryphon merger


Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining firm Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the...

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