Bitcoin retraced back to $108,900, 0.6% down in the last 24 hours, after a crypto whale withdrew over $130.68 million worth of the crypto from Binance. According to Coinglass data, BTC’s price movements cut over $26 million from long traders and $19 million from short positions intraday. At around 6 AM UTC on Wednesday, blockchain … Read more
Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF could spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an … Read more
Nasdaq officially filed for 21Shares to list a spot SUI ETF in the US on 23 May 2025. Importantly, the filing means the beginning of a US Securities and Exchange Commission (SEC) review process. The 21Shares SUI ETF must launch with two key regulatory filings: the S-1 registration (filed on 30 April 2025) and the … Read more
Our baseline scenario is that US tariffs on China will likely stay around current levels after the 90-day truce. The tit-for-tat tariff war in April and subsequent truce indicate more caution on both sides. Even in case of aggressive tariff re-escalation, exemptions will likely be considered to mitigate business impact, Standard Chartered’s economists note. What … Read more
TLDR Crypto analyst EGRAG predicts XRP market cap could reach up to $1.5 trillion based on “W” formation pattern XRP price could potentially hit $25.56 if market cap reaches $1.5 trillion target Currently trading around $2.3 with a market cap of $135.3 billion Technical indicators show XRP facing resistance at $2.36 level Price might decline … Read more
Bitcoin ETFs extended their winning streak to nine straight days, raking in $385 million even as some major funds posted outflows. Ether ETFs kept pace with their sixth consecutive inflow day, adding $38.77 million. Bitcoin ETFs Defy Holiday Lull With $385 Million Inflow, Ether Funds Extend Streak Not even Memorial Day could dampen the bullish … Read more
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin for $513 million, according to a statement posted May 28 on the company’s X account. The announcement is GameStop’s first publicly acknowledged Bitcoin (BTC) purchase since March, when the company disclosed plans to move into Bitcoin investment. … Read more
Key Takeaways GameStop acquired 4,710 Bitcoin in a strategic shift to include crypto in its financial strategy. The company raised $1.5 billion through convertible notes for this Bitcoin purchase. GameStop announced Wednesday that it had acquired 4,710 Bitcoin in its first-ever crypto purchase, officially joining a growing list of publicly traded companies embracing digital assets … Read more
This content is provided by a sponsor. PRESS RELEASE. UAE & Switzerland, 28 May, 2025: Quranium, the world’s first infrastructure purpose-built for the convergence of quantum security, AI-native intelligence, and blockchain trust, has today launched its testnet, delivering the long-awaited missing link in Web3: an uncrackable, intelligent, and scalable foundation for the digital era. Supercomputing, … Read more
Decentralized exchange Cetus Protocol, built on the Sui network, has vowed to fully compensate users impacted by a $223 million exploit that struck its Concentrated Liquidity Market Maker (CLMM) pools on May 22. The commitment hinges on an upcoming community vote to recover $162 million in frozen assets and a critical loan from the Sui … Read more