A key piece of US stablecoin legislation awaiting a full Senate vote may emerge as a net positive for the US dollar’s dominance in the digital asset economy. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aims to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws. The … Read more
Key Points: Hassett discusses US trade policy and ongoing agreements amid tariff rulings. Hassett optimistic about economic impact of trade deals. Over 50 countries involved in US trade negotiations. Kevin Hassett, director of the White House National Economic Council, addressed US trade policies and tariffs during an interview broadcast on May 29. He expressed confidence … Read more
Bitcoin’s price traded at $108,776 on May 29, 2025, supported by a market capitalization of $2.16 trillion and a 24-hour trading volume of $32.47 billion. The intraday price ranged from $107,107 to $109,057, reflecting ongoing volatility amid consolidating price action. Bitcoin The daily chart reveals that bitcoin is sustaining an uptrend originating near $91,700, though … Read more
The Aussie Dollar bounced up from lows and approaches resistance at 0.6450 The US Dollar is giving away gains as the optimism following the ban on Trump’s tariffs eases. On the macroeconomic front, US GDP and Jobless Claims will gather the focus today. The Aussie Dollar bounced up right above the 0.6400 psychological level on … Read more
The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies. In a May 29 X post, Aave founder Stani Kulechov said the foundation borrowed $2 million in GHO tokens. “The EF is not only supplying ETH to Aave, … Read more
New York-based Donut Labs has raised $7 million in a pre-seed funding round to build what it claims is the world’s first “agentic” crypto browser — a tool designed to help users interact with blockchain-based applications using artificial intelligence. The round was led by Sequoia, Bitkraft and HackVC, with participation from angel investors including Solana … Read more
Are you watching the cryptocurrency market, wondering whether it’s the right time to focus on Bitcoin or explore the vast world of altcoins? A key indicator many traders and investors track is the Altcoin Season Index. This metric offers a snapshot of whether altcoins are broadly outperforming Bitcoin or vice versa. As of a recent … Read more
Key points: Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024. Previous signals mostly resulted in a BTC price blow-off top over the coming year. Market commentators remain firmly bullish on price trajectory during consolidation after Bitcoin’s latest all-time high. Bitcoin (BTC) is prepared for its “next major leg up” as … Read more
XRP Open Interest soared close to $5B as SEC formally initiated a review of the WisdomTree XRP Trust. XRP showed a drop to $2.2983 about 0.80% with the key levels for BOS at $2.20, EQH around $2.40-$2.70. Ripple [XRP] saw a surge in Open Interest in Futures market, $4.56 billion, according to CoinGlass. Binance gave … Read more
Zebec Network token price has soared to a new all-time high after Uphold revealed $35M backing. The potential of a Ripple partnership is fueling investor optimism and ZBCN token demand. Zebec recently launched a zero-fee Mastercard crypto card with Apple Pay. The native token of Zebec Network, ZBCN, soared to a new all-time high (ATH) … Read more