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Telegram in Limbo Over $300M xAI Deal – What’s The Holdup?

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 […]

BlackRock Bitcoin ETF Sees 33-Day Inflow Run, $4B in Past Fortnight 

“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 […]

El Salvador Secures IMF Deal, Retains Bitcoin Holdings Amid Fiscal Changes

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 […]

Bitcoin (BTC) Nears Euphoria Zone With 99% UTXOs in Profit

Bitcoin’s price rallied 50% from the April lows, hitting an all-time high of approximately $112,000 on May 23 amid renewed market momentum. On the backdrop, a key Bitcoin metric has quietly reached a level that has historically preceded major market turning points. While the data suggests widespread unrealized gains among holders, analysts urge restraint. UTXO […]

Early Signs of Retail Interest in Bitcoin (BTC), But No Breakout Yet

As Bitcoin trades near its recently established ATH, a crucial factor is missing from the surge: widespread retail activity. But the latest data points to early signs of movement. Such a comeback could push the world’s largest cryptocurrency to secure more gains. Early Signs of Retail Interest CryptoQuant’s analysis highlighted a notable disconnect in the […]

TRX’s Correlation to BTC Could Result in 4x Surge in 2025: Analyst

Tron (TRX) may be poised for an explosive breakout, with market analysts now pointing to its correlation with Bitcoin (BTC) as a major catalyst. According to on-chain researcher Carmelo Alemán, TRX could “multiply significantly in value,” potentially even quadrupling, if BTC continues its bull run through the rest of the year. A Catalyst for Altcoin […]

Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds

Thailand’s Securities and Exchange Commission has clarified the rules for a new government-issued tokenized bond called the G-Token as the country plans to be the first to enable state borrowing from the public via digital assets. However, one of the first things the SEC stipulated was that the new tokenized real-world asset (RWA) cannot be […]

Missed These? Top Crypto Headlines from This Weekend

A prominent Bitcoin supporter spearheads funding for a Swedish company’s BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping. More details on these stories ahead. Adam Back Joins Investors in $2.2M […]

Ethereum’s (ETH) Quiet Rally: Where Are the Retail Investors?

After a brief dip below $2,500, Ethereum has bounced back to reclaim levels above that mark. Over the last week, the second-largest cryptocurrency registered a price jump of almost 8%. Despite broader crypto market gains, retail investor activity in Ethereum remains notably subdued. Retail Absence in Ethereum Historically, Ethereum has seen spikes in retail trading […]