Crypto

The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets. The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible creditors in the Convenience and Non-Convenience Classes who have completed the pre-distribution requirements. According to a May 28 announcement, the creditors’ distribution will include Dotcom Customer Entitlement Claims, which are receiving a 72% distribution; US Customer Entitlement Claims, which are receiving a 54% distribution; and Convenience Claims, which will receive a 120% distribution. Additionally, General Unsecured Claims and Digital Asset Loan Claims will each receive a 61% distribution as per the reimbursement plan. Recipients should receive their claims in one to two business days from the official distribution partners, Kraken and Bitgo. Read more

From Tokyo to Oslo, Metaplanet and K33 are fueling their Bitcoin treasuries through strategic fundraising initiatives.

Trump Media has raised $2.44B from nearly 50 institutions, channeling proceeds into Bitcoin custody at Crypto.com and Anchorage Digital. The plan could place the firm among the top five global corporate BTC holders while reflecting institutional demand for digital reserves amid shifting regulations The post Trump Media Raises $2.44B to Launch Corporate Bitcoin Treasury – Is This the Future of Corporate Crypto? appeared first on Cryptonews.

Cashback company Méliuz saw its stock tumble 8% as it announced plans to raise capital for Bitcoin buys, mirroring Strategy's approach.

SEC staking guidance has outlined that protocol staking, ancillary services and third-party staking-as-a-service providers do not involve securities offerings, so participants need not register under the Securities Act. Commissioner Peirce has welcomed the clarity, while Crenshaw has voiced concern. The post SEC Staking Shake-Up: Agency Says Proof-of-Stake Isn’t a Securities Deal – What It Means Now appeared first on Cryptonews.

Institutional demand for Bitcoin and increasing regulatory clarity are positive factors for Bitcoin in 2025, head of research Katalin Tischhauser says. Bitcoin is entering a period of supply shock that could have more dramatic price implications than in previous cycles, Katalin Tischhauser, head of research at digital asset banking group Sygnum, told Cointelegraph. “Large demand will have a strong multiplier effect, meaning every $1 of demand leading to, say, $20-30 additional market capitalization,” she said. “We have already seen this multiplier effect after the launch of the Bitcoin spot ETFs or around the US elections.” Tischhauser cited the limited liquid supply of Bitcoin (BTC) relative to the large pools of institutional capital on the demand side as a reason for a possible spike in BTC price over the coming months. Read more

REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […] The post REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance appeared first on CryptoSlate.

Bitcoin’s chance of falling to $100,000 has increased, but the $3.7 billion open interest wipeout means traders will view dips as buying opportunities. Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Read more

Jamie Raskin, the ranking Democrat on the House panel overseeing the legal system, asked the president to produce the guest list of his private event.

Bitcoin price prediction: BTC slides below $105K amid global policy shifts and technical indicators signaling further downside. Watch for key levels. The post Bitcoin Price Prediction: BTC Slips Below $105K as Global Policies Shif appeared first on Cryptonews.

GameStop saw its stock flop after spending $500 million on BTC, and BlackRock's iShares Bitcoin Trust is on track to complete a record month.

Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.  The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are […] The post Ethereum’s Pectra update meets expectations, edges closer to Fusaka appeared first on CryptoSlate.

The United States Securities and Exchange Commission has provided clarity on how federal securities laws apply to crypto protocol staking. 

The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million. The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, […] The post US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree appeared first on CryptoSlate.

Bitcoin sells off amid mounting macroeconomic uncertainty, but data shows pro traders clinging to their bullish price expectations. Key takeaways: BTC futures and options show stable investment sentiment despite the recent price correction. Macroeconomic uncertainty and the escalating US trade war reduce the odds of Bitcoin retesting its recent all-time high. Read more

After exiting DOGE, Musk renews his focus on SpaceX and Mars, calling colonization key to humanity’s survival.

From Ross Ulbricht's first significant public appearance to Strategy’s Michael Saylor addressing the crowd, the focus of the Bitcoin conference was often on individual liberty. Thousands gathered in the convention center of the Venetian hotel in Las Vegas to hear industry leaders, lawmakers, and charismatic figures from around the world discuss their views on Bitcoin, and, to a lesser extent, other cryptocurrencies.  By far the biggest draw of the event was US Vice President JD Vance, who traveled to Nevada to attend a reported $1 million-per-head fundraiser ahead of his appearance at the Bitcoin (BTC) conference. Vance, who has largely taken second chair to President Donald Trump in terms of crypto policies, called on Bitcoiners to get more involved in politics, suggesting they could potentially influence the 2026 midterm elections in the United States. The vice president was not the only speaker at the event to include “freedom” in his messaging. Strategy co-founder Michael Saylor mentioned the word no fewe...

Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors.  […] The post Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7% appeared first on CryptoSlate.

Bitcoin nearly touched $104K and crypto prices are broadly down Friday, yielding a surge in liquidations on long positions.

The platform allows investors in Africa to access global real estate and stock markets through tokenized fractional shares using stablecoins. Xend Finance, a decentralized finance project backed by Binance and Google, is launching a platform in Africa to offer tokenized access to global real estate and stock markets. Partners in the launch include Risevest, a digital wealth management platform that offers individual and institutional investors exposure to global markets. The company recently acquired a broker-dealer license in the United States. According to a May 30 announcement, the new platform will allow users to invest in international real estate and stock markets by purchasing fractional shares via tokenization. The entry barrier is low, starting at $5 when investors use stablecoins such as USDt (USDT) and USDC (USDC). Read more