Crypto mining stocks plunged as investors digested the Fed’s May meeting minutes, which hinted at rising uncertainty and a tougher balancing act between inflation and economic growth. While the central bank held rates steady at 4.25% to 4.50%, concerns over persistent inflation and a softening jobs outlook rattled risk assets. Riot Platforms slid over 8%, … Read more
Bitcoin (BTC) has recently experienced a slight slowdown after its impressive upward run, trading at $108,012 at the time of writing. Over the past week, Bitcoin has recorded a 3.1% decline, indicating a moderate pullback from recent highs. However, despite this short-term downtrend, the asset continues to hold steady above significant support levels, suggesting minimal … Read more
Paris Saint-Germain (PSG) holds bitcoin on its balance sheet and is actively supporting the Bitcoin ecosystem through its PSG Labs initiative, club executive Pär Helgosson announced at the Bitcoin 2025 conference in Las Vegas. Paris Saint-Germain Reveals Bitcoin Treasury Allocation, Backs Ecosystem Helgosson, head of PSG Labs, revealed that the global football club allocated a … Read more
IOTA has embarked on several projects after the launch of the Rebased Protocol, including IOTA Identity and TWIN Foundation, with more expected to be introduced. IOTA is also reported to be launching a hackathon event in Malaysia in July as part of several other initiatives on its roadmap. Earlier this month, CNF announced the mainnet … Read more
Panama City Mayor Mayer Mizrachi has floated the idea of allowing ships transiting the Panama Canal to pay in Bitcoin for faster passage. Mizrachi proposed during a panel discussion at the Bitcoin 2025 conference in Las Vegas on May 29 that cargo ships could cut the line on waiting for their passage through the key … Read more
US Securities and Exchange Commission staff has given new guidance around the most common crypto staking activities, saying they are not in violation of securities laws. The SEC’s Division of Corporation Finance said in a May 29 staff statement that “Protocol Staking Activities” such as crypto staked in a proof-of-stake blockchain, “don’t need to register … Read more
Gold prices fell in Malaysia on Friday, according to data compiled by FXStreet. The price for Gold stood at 449.28 Malaysian Ringgits (MYR) per gram, down compared with the MYR 452.52 it cost on Thursday. The price for Gold decreased to MYR 5,240.28 per tola from MYR 5,278.10 per tola a day earlier. Unit measure … Read more
Get ready for some significant news from the stablecoin giant! Tether, the issuer of the world’s largest stablecoin, USDT, is making waves with its investment strategy. The company’s CEO, Paolo Ardoino, recently shared compelling details about how Tether is utilizing its substantial profits, and it involves a major focus on the leading cryptocurrency: Bitcoin. Tether’s … Read more
The cryptocurrency market is experiencing significant turbulence, with recent data showing Bitcoin‘s (BTC) value dipping below $106,000 before stabilizing at $106,800. This decline affects the broader digital currency landscape, ushering in a wave of losses that analysts suggest could intensify if the bearish trend continues. How Are BTC and ETH Performing?What Is Expected for ETHBTC … Read more
A Hyperliquid trader known as James Wynn has seen his Bitcoin long bets on the platform liquidated for almost $100 million after Bitcoin dipped below $105,000. Wynn had made two significant long leveraged positions on Bitcoin (BTC), betting that the cryptocurrency’s price would rise, but onchain data shows those positions were liquidated to the tune … Read more