Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global. Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities and Investments Commission said in a May 28 press release. ASIC alleged Guo made multiple breaches of directors’ duties relating … Read more
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said … Read more
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said … Read more
Trump also reportedly established a White House team dedicated to digital asset legislation, aiming for a structured rollout that begins with stablecoin regulation and expands into broader market reform. The budget-neutral plan will be funded through existing Federal Reserve and Treasury resources. Trump Media also confirmed a $2.5 billion capital raise to buy Bitcoin, despite … Read more
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting … Read more
Senator Cynthia Lummis says the United States will eventually turn its attention to the Bitcoin Reserve Bill, following progress on the much-debated stablecoin legislation. This development, shared on stage at The Bitcoin Conference, has sparked renewed interest in the government’s stance on digital assets, especially Bitcoin. Cynthia Lummis: Bitcoin Reserve Bill Is Next In Line … Read more
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report … Read more
Thailand is weighing a potential leap into regulated crypto services and blockchain bond tokens, signaling growing openness to digital finance while maintaining strict oversight safeguards. Thailand Weighs Crypto-Linked Services Under Tight Controls Thailand may explore ways to link cryptocurrency with certain services under strict oversight, Finance Minister Pichai Chunhavajira stated during an investment seminar on … Read more
Key metrics, including the 2023 Rainbow Chart, RSI levels, and the 200-week Moving Average Heatmap, signal that Bitcoin is far from its peak. Data from CryptoQuant shows that long-term holders are capitalizing on recent price dips to accumulate more BTC. Bitcoin (BTC) price is once again showing strength and holding firmly above $110,000, with bulls … Read more
Outgoing US Commodity Futures Trading Commission commissioner Christy Goldsmith Romero says the exodus of the agency’s top brass is “not a great situation” for crypto regulations. The CFTC could be headed by just one commissioner once the other four depart later this year, which Goldsmith Romero said in a May 27 interview at the Brookings … Read more