In an exciting announcement on May 16th, Binance Wallet has unveiled the launch of the SUI ecosystem trading competition on Binance Alpha. This initiative is designed to incentivize trading activity within the SUI ecosystem, offering participants a chance to share in a prize pool valued at $1.7 million. The trading competition officially commences on May … Read more
Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company. CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than … Read more
News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While less than 1% of Coinbase’s active monthly users were reportedly affected, the expected remediation and reimbursement expenses range from $180 million to $400 million, … Read more
FTX Trading Ltd. and the FTX Recovery Trust today announced they will distribute over $5 billion to eligible creditors starting May 30, 2025, as part of the second payout under its bankruptcy reorganization plan. The payments, tied to FTX’s Chapter 11 Plan of Reorganization, will provide eligible creditors with a substantial portion of their allowed … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Speaking to a packed auditorium at Consensus 2025, Eric Trump said the quiet part out loud: “Everybody in the world is trying to hoard Bitcoin right now. Everybody. I hear it from sovereign wealth funds. I hear it from the wealthiest families. … Read more
This content is provided by a sponsor. PRESS RELEASE. Xrpturbo (XRT), an AI Agent Launchpad on the XRP Ecosystem is defying market conditions and capturing attention with an impressive 80% price surge in just 30 days according to Coingecko, outperforming several prominent XRP ecosystem tokens. Xrpturbo is rapidly becoming one of the most promising projects … Read more
Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin (BTC) will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto, the executive said that Bitwise’s Bitcoin price prediction model is driven exclusively by supply and demand metrics. Hougan … Read more
Over the past week, speculation has circulated suggesting that Ukraine might move to establish a strategic bitcoin reserve (SBR). A senior government official reportedly indicated that a formal bill could soon be presented to the Ukrainian parliament. Although the bill submission scenario remains plausible, some reports claim the country already possesses more than 46,000 BTC. … Read more
Key Points: SEC clarifies broker-dealer rules for crypto assets and ETFs. Guidance aims to reduce regulatory uncertainty. Market sees potential for innovative crypto investment products. The U.S. Securities and Exchange Commission issued guidance on May 16, 2025, addressing broker-dealer and transfer agent rules for crypto assets, as reported by PANews. This guidance illuminates regulatory paths … Read more
Steak ‘n Shake has officially launched Bitcoin payments via the Lightning Network, following the announcement reported on May 9. At the time, the fast food chain teased its plans to integrate BTC, generating excitement across the Bitcoin community. And today, it is an option at the cash register, or better said, Bitcoin Register. As of … Read more