Bitcoin’s consolidation could end when BTC price takes out liquidity on either side and overcomes resistance at $107K. Key points: Bitcoin trades within a narrowing range between $103,500 and $108,800 over the last six days. BTC price must establish $107,000 as new support to continue the uptrend. Read more
The Cetus DEX exploit on Sui drained $220 million in minutes. The hacker took advantage of an undetected bug in the math library of the protocol to siphon off the funds. On May 22, 2025, Cetus Protocol, the primary decentralized exchange (DEX) on the Sui blockchain, suffered a major hack, marking one of the largest decentralized finance (DeFi) breaches in cryptocurrency history. An attacker exploited Cetus’ pricing mechanism flaw, stealing approximately $260 million in digital assets. This incident significantly impacted the Sui community, causing the Sui (SUI) token price to drop by about 15% to $3.81 by May 29. Read more
Donald Trump’s crypto agenda claims to champion financial freedom, but in reality, it consolidates power among political elites and wealthy investors, sidelining everyday users. Opinion by: Elias Vilochkin, chief product officer of ChangeNOW Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits. Unfolding behind the Trump administration’s aggressive push to deregulate the crypto industry, however, is a consolidation of power that favors the few while ignoring the many. Read more
Trump Media & Technology Group filed an S-1 registration form with the US regulator to launch the Truth Social Bitcoin ETF. Trump Media and Technology Group, the company majority-owned by US President Donald Trump that runs his Truth Social media platform, filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). TMTG filed an initial registration statement on Form S-1 for its Truth Social Bitcoin (BTC) ETF on June 5, according to an announcement by the company. The filing reads: The filing comes after stock exchange NYSE Arca submitted a proposal to the SEC to list the Truth Social Bitcoin ETF on behalf of crypto asset manager Yorkville America Digital, a partner of TMTG, the owner of Truth Social. Read more