Crypto

Bitcoin’s weekend bounce shows strong demand at lower levels, but holding $78,000 may remain a challenge for the bulls. Key points: Bitcoin (BTC) bounced on Saturday following US President Donald Trump’s announcement in a post on his Truth Social platform that negotiations between the US and Iran were “proceeding in an orderly and constructive manner.” Buyers extended the recovery on Monday and are attempting to sustain above $77,500. The uncertainty of the past few days has resulted in $1.55 billion in net outflows from the US BTC exchange-traded funds. Crypto sentiment platform Santiment said in a report on Friday that sharp outflows from BTC ETFs indicate retail capitulation, which has “historically correlated with conditions favorable for patient accumulation” for long-term holders rather than panic.  Read more

50,000 crypto investors fight back against a new crypto tax in South Korea, and a funeral service company loses $33M on Bitmine. Asia Express

Whales withdrew $170 million in XRP from Binance as the price holds a key $1.35-$1.40 accumulation and support zone. XRP (XRP) traded within a key “value zone” where whales recently accumulated $170 million, signaling a tightening liquidity supply. Key takeaways: XRP whale withdrawals, large exits above 1 million coins per transaction, hit 122 million on Binance on May 22, worth about $170.8 million at current rates, according to data from CryptoQuant.  Read more

Brian Armstrong discussed several areas where he believes the financial system still needs major modernization.

Tether and the Government of Georgia plan to launch a stablecoin, pushing a national currency directly onto private stablecoin rails before most governments have settled on how that model should work. The Tether Georgia stablecoin plan centers on GEL₮, a stablecoin representing the Georgian lari. The May 25 announcement describes GEL₮ as the official stablecoin […] The post Tether’s Georgia stablecoin plan moves early on national payment rails appeared first on CryptoSlate.

The Ethereum-buying firm owns 3.8% of the digital asset’s supply.

George Hotz spent six months testing agents on real projects and came away convinced they're creating an avalanche of undetectable slop—and that large organizations won't realize it until it's too late.

The integration gives ADI token holders access to Ledger’s self-custody platform as ADI Chain expands its stablecoin and tokenized asset network. Ledger added native support for the $ADI token tied to ADI Foundation’s ADI Chain network, a UAE-linked, layer-2 focused on stablecoins and tokenized real-world assets. ADI Chain is backed by Abu Dhabi-based Sirius International Holding, a subsidiary of International Holding Company, and backs the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank. According to the company, the network is designed for institutional use cases including cross-border payments, treasury operations and trade settlement. The integration allows users to store and manage $ADI through Ledger Wallet and the company’s hardware signing devices. ADI Foundation describes ADI Chain as infrastructure for regulated stablecoins and tokenized assets, with $ADI used as the network’s native gas token. Read more

CFTC crypto oversight is moving toward a larger role under the CLARITY Act, but the agency that Congress may soon ask to police much of the US crypto market is facing a more immediate test of its own independence. A New York Times investigation reported that senior Commodity Futures Trading Commission officials who raised concerns […] The post CFTC may gain broader crypto oversight as staff who questioned major firms were reportedly sidelined appeared first on CryptoSlate.

Tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant.

The crypto-aligned Protect Progress PAC reported spending another $750,000 on media for a Democratic candidate over Representative Al Green, whom it described as “actively hostile” to digital assets. Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. On Tuesday, Democratic voters in Texas’ 18th congressional district will decide between incumbent Al Green and challenger Christian Menefee to run in November's general election. Statewide, voters will choose between Texas Attorney General Ken Paxton and incumbent John Cornyn for the Republican primary for US Senate. Both Tuesday races are runoffs after none of the candidates failed to secure a majority in Texas’ March primaries. The crypto industry, through spending on media by political action committees (PACs), has stakes in both races, which could influence policy and the makeup of...

The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.

The analyst is saying that XRP has badly lagged Bitcoin despite several months of optimism from parts of the community.

Bumblebee scans developer machines for compromised packages and AI tool configs. Its core trick: It never actually runs the code it's looking for.

Authorities stated that using crypto or blockchain doesn't change platforms that let users wager on uncertain outcomes from being gambling products.

Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are mediating.

Bitcoin and Ethereum ETF outflows have accelerated, with institutional investors pulling nearly $2.7 billion from spot Bitcoin and Ethereum exchange-traded funds over the past two weeks. However, rather than signaling a broad exit from digital assets, market data reveal a historic divergence, with these allocators simultaneously rotating into newly launched alternative cryptocurrency funds like Solana, […] The post Bitcoin and Ethereum ETF outflows expose rotation into HYPE, XRP and Solana appeared first on CryptoSlate.

Buterin revealed that 90% of his net worth is tied up in Ethereum.

F2Pool co-founder Chun Wang, a Bitcoin miner, has been named by SpaceX as commander of its first private crewed interplanetary mission. First man to fly Mars? The post First Person to Fly Mars Going to Be A Bitcoin Miner: Bitcoin Mars Mission Started? appeared first on Cryptonews.

Buterin's influence in the EF will decrease as the board expands. He framed the EF as "one node, with a defined purpose," not the center of Ethereum.