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
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto … Read more
Shiba Inu has experienced a dramatic reversal in direction, losing almost half of its gains in less than 48 hours following a strong breakout that drove the token to $0.000017 on May 12. With bulls finding it difficult to sustain momentum, SHIB appears to have struck a brick wall at the crucial resistance zone, previously … Read more
Black Mirror experience: When sci-fi social scores meet blockchain Created by Charlie Brooker, this British sci-fi series debuted in 2011 and quickly became a cultural touchstone for its dark, satirical take on technology. Imagine a world where every like, comment and blockchain transaction shapes your social standing, where an AI watches your every digital move … Read more