On May 25th, Kraken unveiled a significant alliance with Backed, a pioneer in the tokenized stocks arena, and the Solana Foundation. This collaboration seeks to introduce xStocks, an innovative platform that will enable global investors to access tokenized U.S. stock and ETF opportunities. Utilizing the Solana blockchain with SPL standards, xStocks aims to transform how … Read more
Peter Schiff torches Trump’s Big, Beautiful Bill as economic suicide, warning it will obliterate the dollar, supercharge deficits, and devastate the U.S. economy. Peter Schiff: Trump’s Bill Is a Fiscal Nuke That Will Wipe out the US Dollar Economist and gold advocate Peter Schiff shared in a few posts on social media platform X this … Read more
Key Points: Cetus Protocol embarks on recovery plans post $223 million hack. Two-pronged strategy involves white-hat talks and legal action. Community vote proposed for protocol upgrade to return frozen assets. On May 22, 2025, the Cetus Protocol suffered a cyber attack, resulting in a theft of approximately $223 million, marking it as the second-largest crypto … Read more
The recent drop in ENA’s price has been driven by large investors, who appear to be gaining momentum. Spot retail investors are attempting to hold the price and have continued to counter the actions of these large investors. Ethena [ENA] has emerged as one of the market’s major losers, declining by 17% in the past … Read more
As financial markets took a sudden bearish turn early Friday, the cryptocurrency market was not spared. Bitcoin, the world’s largest cryptocurrency, fell sharply, reaching a low of $107,327, as investors considered macroeconomic concerns. Amid the drop, Strategy founder Michael Saylor has responded with characteristic optimism. In a tweet, Saylor wrote, “No tariffs on Bitcoin.” No … Read more
The crypto market is buzzing once again, with Aave (AAVE) making headlines as it eyes a breakout and TRUMP token gaining fresh momentum following price volatility around the $14.5 level. Traders are watching closely, debating which crypto to buy today. But behind all the noise, a more calculated opportunity is unfolding, Unstaked ($UNSD). Unstaked, in … Read more
Bitcoin’s explosive path to $500,000 just gained serious momentum as sovereign funds and heavyweight institutions pile in, validating Standard Chartered’s ultra-bullish thesis with real capital. Standard Chartered Doubles Down on $500K Bitcoin Forecast Amid Sovereign Buying Surge Standard Chartered Bank reiterated its long-term bitcoin outlook this week, maintaining its ambitious forecast that the cryptocurrency will … Read more
A group of the largest U.S. commercial banks is reportedly in early discussions about launching a joint stablecoin, according to a Wall Street Journal report. Major U.S. Banks Explore Stablecoin Collaboration The potential project signals a strategic move by traditional financial institutions to navigate the evolving digital currency landscape, after years of regulatory caution kept … Read more
Top Stories of The Week CZ refutes claims in latest WSJ article on Trump-linked crypto dealings Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal … Read more
The post Crypto Price Analysis 5-23: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGWIFHAT: WIF, INJECTIVE: INJ appeared on BitcoinEthereumNews.com. The crypto market’s rally tapered off after Bitcoin (BTC) settled between $110,000 and $111,000. The flagship cryptocurrency shattered its previous all-time high as it surged to $111,970, entering a period of price discovery. However, … Read more