Bitcoin’s record-breaking rally to an all-time high of $112,000 on May 22nd has ushered in a wave of heightened investor expectations. The surge, catalyzed by a sudden bullish breakout following the White House’s decision to delay 50% tariffs on EU goods, has since been tempered by geopolitical uncertainty and clear signs of market overexuberance. Social […]
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21, 2025, loan volumes have dwindled to just over $50 million – a steep 83% drop since January and a staggering 97% from the January 2024 high. At its peak, activity surged with platforms like Blur’s […]
Ether’s price has been struggling to break above the $2,750 resistance level, despite rising by over 44% this month. Now, several evidence point to the altcoin’s struggles throughout the 2023-25 cycle, which revealed both volatility and capital flow patterns that contrast sharply with prior cycles and competitor assets like Bitcoin and Solana. Ethereum Faces Significant […]
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s view that participants in Protocol Staking […]
In a strategic move to accelerate its Bitcoin acquisition goals, Japan-based Metaplanet issued $21 million in interest-free bonds to the Evo Fund on May 29, following a separate $50 million raise the previous day. These zero-coupon bonds, known as the 17th series, come with a $525,000 face value and are set to mature on November […]
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 […]
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 […]
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 […]
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 […]
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 […]