The TRUMP token experienced a dramatic downturn as traders initiated a sell-off following confirmation of invitations to a private dinner hosted by Donald Trump. Scheduled for May 12, this high-profile event sparked a widespread unloading of tokens, plummeting its value from a peak of $15 to $12.33 within the week. Why Did TRUMP Coins Drop?Will … Read more
The crypto market has recently shifted bullish, with five AI altcoins showing immense rally potential: FloppyPepe (FPPE), Near Protocol (NEAR), Virtuals Protocol (VIRTUAL), FET, and Aixbt (AIXBT). A crypto guru has identified these AI altcoins as the top assets to make the next crypto millionaires in the 2025 cycle. He has also highlighted FloppyPepe (FPPE) … Read more
Thailand’s Ministry of Finance reportedly plans to issue $150 million worth of digital investment tokens, allowing retail investors to buy government bonds. The Bangkok Post reported on May 13 that Finance Minister Pichai Chunhavajira announced the initiative at a briefing after the cabinet endorsed the plan. He added that the tokens will be launched within … Read more
Robinhood will acquire WonderFi in an all-cash deal worth $179 million. The deal values WonderFi shares at C$0.36, a 41% premium over the last closing price. Robinhood has announced a $179 million all-cash deal to acquire Canadian crypto firm WonderFi, accelerating its international expansion. The agreement values WonderFi shares at C$0.36 each, representing a 41% … Read more
Crypto and stock trading platform eToro has boosted the size of its initial public offering to $620 million by pricing its shares above its previously suggested range. The platform and its backers sold over 11.92 million shares for $52 each, which are slated to start trading on the Nasdaq Global Select Market on May 14 … Read more
The latest developments in U.S. semiconductor policy have emerged as the Trump administration prepares to overhaul **AI** semiconductor **export control** regulations. Announced on May 14th, this significant policy shift intends to dismantle the controversial framework that previously faced substantial backlash from major corporations including **Nvidia** (NVDA.O) and **Oracle** (ORCL.N). The U.S. **Department of Commerce** confirmed … Read more
Wall Street’s future is barreling toward the blockchain as a top SEC insider champions tokenization, signaling a transformative leap that could revolutionize financial markets forever. Tokenized Wall Street? SEC Insider Signals Massive Blockchain Shakeup Is Coming U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, speaking at the Crypto Task Force’s fourth roundtable in Washington … Read more
Victoria, Seychelles, May 13th, 2025, Chainwire As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX, a powerful new on-chain trading engine. Positioned as a “ticket to the DEX world” for CEX users, MoonX simplifies DeFi access and marks the beginning of BYDFi’s dual-engine strategy. CEX … Read more
The SEC X account hack case is drawing to an end, as US prosecutors have filed their sentencing recommendation against the defendant, Eric Council Jr. In response, Council has objected to the recommendation, appealing for a lower sentence after having made a guilty plea. Prosecutors Recommend 2-Year Sentence For SEC X Account Hack A court … Read more
The broader crypto market is experiencing a unique trend shift, likely to fuel a dragback in the XRP price. On the XRP/USDT daily chart, the Bollinger Bands are visibly dilated, setting the coin up for a possible reversal in the short term. At press time, CoinMarketCap data pegs the price of XRP at $2.52, down … Read more