BlackRock met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on 12 May 2025 to discuss the overview of the BlackRock Digital Assets Product Suite. Representatives of the world’s largest asset manager requested a meeting with the SEC Crypto Task Force to discuss perspectives on the treatment of staking, including considerations for … Read more
Tron has officially surpassed Ethereum in total circulating USDT, marking a major shift in the stablecoin space. According to a May 12 post by CryptoQuant contributor Maartunn, on May 6, Tron’s (TRX) USDT supply reached $73.8 billion, exceeding Ethereum’s (ETH) $71.9 billion. Tron is now leading in USDT issuance for the first time after almost … Read more
Nirvana Labs announced a $6 million seed extension, co-led by Crucible Capital and Jump Crypto, bringing its total funding to $11.8 million. Building Next-Generation Web3 Infrastructure Nirvana Labs, a high-performance bare metal cloud provider designed for Web3, has announced a $6 million seed extension co-led by Crucible Capital and Jump Crypto. The latest round brings … Read more
Tether, the issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold token in Thailand with a listing on the local cryptocurrency exchange Maxbit. In a May 13 announcement, Tether said its gold-backed digital asset, Tether Gold (XAU₮), has been listed on Thai exchange Maxbit. According to an X announcement by Maxbit, … Read more
Nirvana Labs announced a $6 million seed extension, co-led by Crucible Capital and Jump Crypto, bringing its total funding to $11.8 million. Building Next-Generation Web3 Infrastructure Nirvana Labs, a high-performance bare metal cloud provider designed for Web3, has announced a $6 million seed extension co-led by Crucible Capital and Jump Crypto. The latest round brings … Read more
Arizona Governor Katie Hobbs has vetoed two crypto-related bills, Senate Bill 1373 and Senate Bill 1024, effectively stalling the state’s push toward integrating digital assets into its public financial system. However, the governor’s decision was accompanied by the signing of House Bill 2387. This bill introduces regulations for cryptocurrency kiosk operators to enhance consumer protection … Read more
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve. In a May 12 statement, GDC and its subsidiary, AI Catalysis Corp., announced entering into a common stock purchase agreement with a British Virgin Islands … Read more
Bitcoin The latest data from CryptoQuant highlights a compelling indicator that Bitcoin remains firmly in an uptrend. According to the information, the realized price of Bitcoin is steadily rising — a signal that more and more investors are acquiring BTC at increasingly higher levels. “The reason the realized price is rising is that more and … Read more
Key points: Bitcoin has seen its largest 30-day illiquid supply increase of the current bull market. Illiquid supply now stands at 14 million BTC, more than ever before. Whales are still accumulating as the price returns to six figures. Bitcoin (BTC) investors are turning the BTC supply more illiquid than at any point in its … Read more
⚈ XRP has defied the broader crypto downturn, gaining nearly $7B in market cap and reclaiming the $2.50 price level. ⚈ Strong technical indicators support the uptrend, despite whale activity that typically signals selling pressure. ⚈ Regulatory momentum builds, with Missouri proposing a capital gains tax cut and progress in Ripple’s legal battle with the … Read more