The reels are raining with huge rewards as the crypto casino Stake launches its first-ever Slot World Championship, running from May 14 to May 29, 2025, across all their community chat rooms. With over $70,000 in prizes, this isn’t just about spinning, it’s a race to the top of your room’s leaderboard. Place your bets, … Read more
In brief Eric Adams announced a new digital assets advisory council for New York City. Council chair and key policy recommendations will come in a few weeks. The city will explore using blockchain and crypto for birth certificates, death records, and payment of city services. In opening remarks at the inaugural NYC Crypto Summit, mayor … Read more
Entreparticuliers, a public company in France, is trending after pivoting to become an Ethereum Treasury Company. With plans to buy more ETH in May and possibly June, is ETH the best crypto to buy now? MicroStrategy, now Strategy, chose Bitcoin. Since announcing its plans in August 2020, its market cap has surged, pushing it above … Read more
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Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans to unlock efficient transactions for various market types, including stablecoin-to- BTC swaps, while maintaining the integrity of bitcoin’s trust model. Spark is designed to … Read more
Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20. According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third … Read more
Mobile-first crypto exchange and payment platform Crypto.com has secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) licence. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we … Read more
EUR could rise above 1.1290; the current momentum suggests any further advance is unlikely to reach 1.1320. In the longer run, increase in momentum is not sufficient to suggest a sustained advance; EUR must first break decisively above 1.1290, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Below 1.1200, the upside potential … Read more
Key points: Bitcoin tags $108,000 for the first time since the day of its current all-time highs in January. Traders and analysts mention support extending toward $90,000, but the probability of a retest is fading. Near-term upside targets include a “blow-off top” at $128,000. Bitcoin (BTC) spiked to more than $108,000 on May 21, marking … Read more
A senior International Monetary Fund (IMF) official warned the United States of its ballooning fiscal deficit. According to the US Treasury fiscal data website, the country has accumulated a $36.8 trillion national debt, and the federal debt to GDP ratio currently stands at 122%. Gita Gopinath, the IMF’s first deputy managing director, sent a statement … Read more