The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans. On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when considering cryptocurrency for 401(k) retirement plans. The move could give asset managers more … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The opening day of the Bitcoin 2025 conference delivered an unmistakable political signal: President Donald Trump has thrown his weight behind legislation that would require the United States to accumulate a strategic reserve of one million bitcoin. Wyoming Senator Cynthia Lummis disclosed … Read more
Former NBA All-Star and South Sudan’s Basketball Federation President and BAL ambassador Luol Deng Supplied/NBA Africa When the Basketball Africa League (BAL) tipped off its inaugural season in 2021, it set in motion a transformative movement. Backed by the NBA and FIBA, the BAL represented a bold bet on Africa’s basketball ecosystem. Today, it’s delivering … Read more
While Strategy founder Michael Saylor dismissed the idea of exposing the firm’s bitcoin wallet addresses as a “bad idea,” Arkham Intelligence appears to have done some digital sleuthing of its own. The firm now claims it has uncovered 87.5% of Strategy’s BTC trove onchain, after linking an additional 70,816 BTC to the company. Arkham Lights … Read more
Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time. Over $4 billion in BTC has been moved by long-term holders, warning of a price correction. … Read more
Shiba Inu (SHIB) is trading in a narrowing range, forming a descending triangle on the four-hour chart as of May 28. The price is just above $0.0000146, and the pattern suggests a possible 17% move once it breaks out of this setup. The triangle has been building for almost two weeks, with lower highs putting … Read more
Crime The Australian Securities and Investments Commission (ASIC) has filed civil penalty proceedings against Allan Guo, the former executive of failed cryptocurrency exchange ACX, over alleged misconduct and breaches of corporate duties. ACX, which operated between 2016 and 2019, collapsed abruptly, leaving customers unable to access or withdraw their funds. According to ASIC, Guo played … Read more
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory … Read more
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced the purchase of 4,710 Bitcoin (BTC) valued at roughly $513 … Read more
Altseason didn’t disappear — it’s happening in fast, intraday bursts too quick for retail traders. Smart money rotates profits through micro altseasons, stacking BTC and stables while retail waits. Everyone’s bracing for altseason — but what if it’s already come and gone? Since April, a shift has been in progress beneath the surface: five separate … Read more