Crypto

The market has witnessed significant net spot buying across most trading platforms, while the derivatives landscape has been cautious and reactive.

Kamino Finance and Steakhouse Financial are teaming up to bring Securitize's ACRED token to the fast-growing Solana DeFi ecosystem.

Tron founder Justin Sun is headed to Trump's meme coin dinner this week, revealing himself as the top eligible VIP holder.

Energy storage company KULR Technology Group has bought an additional $9 million Bitcoin for its corporate treasury, the company announced Tuesday.

Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a May 20 publication in Argentina’s Official Gazette. Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated […] The post Milei shuts down LIBRA task force probing ties to his administration appeared first on CryptoSlate.

One Bitcoin trader says “price discovery” will be “inches away” if BTC bulls manage to liquidate $3 billion in short positions. Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Read more

Brian Armstrong recently said it's "not [his] place" to question Donald Trump's ties to crypto, but the CEO, like many in the industry, has been getting more political. Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with Republican figures, including members of US President Donald Trump’s inner circle. In a May 13 X post, Armstrong said members of the Department of Government Efficiency (DOGE) team, spearheaded by Elon Musk, though not set up as an actual department, would be welcome to implement cost-cutting changes at Coinbase after leaving the US government. Armstrong offered to set up an accelerated onboarding process with the exchange, responding to an interview in which at least one DOGE staffer felt ostracized from Harvard University, where he had been enrolled. Read more

South Korea’s presidential hopeful Lee Jae-myung has outlined a won-backed stablecoin market that he says will plug a ₩56.8 trn crypto capital leak, lessen dependence on USDT/USDC, and complement plans to legalize spot crypto ETFs and regulated institutional investments. The post Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow? appeared first on Cryptonews.

Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution. […] The post Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves appeared first on CryptoSlate.

TechCrunch founder Michael Arrington has warned that Coinbase’s breach exposing customer addresses and balances poses life-threatening risk. He has demanded criminal penalties for negligent executives and urged a rethink of KYC rules, as analysts call for better crypto security education. The post TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying” appeared first on Cryptonews.

Bitcoin's rally lacks the aggressive spikes of previous highs which points toward a more controlled, bullish trajectory.

Mavrik-1 aims to lower the barrier to DeFi adoption by allowing users to access complex data without technical expertise.

Although DeFi accounts for over half of onchain activity, the data remains cumbersome and difficult to understand for ordinary users, according to Validation Cloud. Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way. The Mavrik-1 AI engine has been deployed on Hedera, with several other planned integrations expected during a public rollout later this year, Validation Cloud’s team told Cointelegraph.  The AI engine is designed to allow users to interact with DeFi protocols and access blockchain data through natural language queries without needing technical expertise or knowledge.  Read more

The task force, headed by Commissioner Hester Peirce, was launched the day after US President Donald Trump took office in January. US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a “key priority” while chair. In response to questions from North Carolina Representative Chuck Edwards, the SEC chair did not directly answer how much of the regulator’s funds were used to support the crypto task force headed by Commissioner Hester Peirce, and said its findings were “still under development.” “We should be having something here in the next few months with proposed steps forward,” said Atkins, referring to the task force’s first report.  Read more

DCG, CEO Barry Silbert and others withdrew billions of dollars from the company they knew was failing while keeping customers in the dark, according to the lawsuits.

Elizabeth Warren has cautioned that Senate passage of the GENIUS Act, championed by President Trump, would expand the USD1 stablecoin and hand the president oversight of it, a combination she says imperils U.S. financial stability, national security, and consumer protection. The post Warren Slams GENIUS Act as “Crypto Corruption” Bill, Warns of Trump Profiteering and Financial Collapse appeared first on Cryptonews.

Ripple could expand its presence in the stablecoin market in a major way, with reports that it is in the running to acquire the second-largest issuer: Circle.</p> The post XRP Price Prediction: Ripple-Circle Stablecoin Deal Rumors Emerge – $1,000 XRP Incoming? appeared first on Cryptonews.

The stablecoin, initially for institutional investors, follows the launch of SG Forge’s euro stablecoin, EURCV.

ETH leads Majors, SOL ETFs Delayed, Bybit allows Stock Trading FOMO HOUR EP361 BTC pulls back from 106k, ETH leads majors. BTC becomes 6th most valuable asset in the world. BTC ETF inflows surge as basis trade nears 9%. SEC delays SOL ETFs, cites various issues. AAVE leads altcoins as TVL breaks $30bn. Bybit allows users to trade top stocks with USDT. GENIUS Act moves to full vote in senate. Strategy buys $765m more BTC. Lawsuit alleging deception filed against Strategy. DigiAsia to raise $100m to buy BTC. JPM will not hold BTC in custody: Dimon. Cramer recommends BTC as a hedge for US debt. DoJ investigating Coinbase on data theft. Circle shopping itself to Coinbase and Ripple pre-IPO. SOL made up 50%+ of all L1 revenue in past week. Alpenglow to bring 100x latency improvement to SOL. Dorsey wants BTC to be valued in Satoshis. Revolut to invest EUR 1b in France. Binance seeks to dismiss $1.7bn FTX lawsuit. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto a...

Tracking average exchange withdrawal prices reveals signs of capitulation and a shift toward recovery.