Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This week’s event is larger than usual as it’s the end of the month, which could induce more volatility into markets that have been in retreat for the past several days. Crypto Options Expiry […]
Russia’s Central Bank has approved the trading of financial instruments tied to crypto prices for qualified individuals. However, these instruments must be non-deliverable, meaning investors won’t be able to hold the digital assets; instead, they will only receive payouts based on price movements. Strict Risk Controls In a May 28 press release, the central bank […]
A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued by the Southern District of New […]
Bitcoin reached a record high of almost $112,000 on May 22 and has remained relatively close to that mark ever since, keeping investors on edge for a potential breakout. Despite subdued market activity, the Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment. Accumulation Signals As of May 29, 2025, the 7-day simple moving […]
TL;DR Bitcoin continues to show signs of strength, with indicators pointing toward sustained interest and potential for continued growth. While sentiment is overwhelmingly positive, similar conditions in the past have sometimes preceded sharp corrections, reminding investors to stay vigilant. The Bullish Elements Bitcoin (BTC) made history on May 22 by surging to nearly $112,000 – […]
The cloud-based social media and messaging app Telegram appears to be in distress amid efforts to raise funds via a debt issuance. The company currently has a pending $300 million deal with Elon Musk’s artificial intelligence (AI) company xAI. A series of tweets between Telegram’s founder, Pavel Durov, and Musk reveals that both companies have […]
TL;DR Ripple investors trail only those with BTC allocations in terms of total supply in profit, shows recent data from Santiment. At the same time, XRP holders in the green are a lot more than investors in ETH, DOGE, ADA, and LINK. XRP’s price has failed to produce any significant moves in the past week […]
“This is getting ridiculous,” exclaimed ETF Store President Nate Geraci on X on May 29, following the latest bumper inflow day for BlackRock’s iShares Bitcoin Trust (IBIT). The BlackRock fund saw another large inflow day on May 28 with $481 million entering the ETF. This has culminated in 33 consecutive trading days without an outflow, the […]
[PRESS RELEASE – Seoul, Korea, May 28th, 2025] As AI agents become more powerful, giving them access to blockchain-native insights is the next frontier. Nodit, the Web3 infrastructure platform by Lambda256 (the blockchain technology arm of Upbit), is stepping into this space with the launch of blockchain MCP (Model Context Procotol), a new feature that […]
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending approval by the IMF’s Executive Board and is dependent on the implementation of agreed-upon conditions. Progress and Fiscal Reforms According to a joint statement from […]