Cointelegraph.com
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Cointelegraph.com - 18:27 May 26, 2025
The Trump Media and Technology Group told the Financial Times that “dumb writers” were behind a report citing six sources that it was planning to raise $3 billion to buy crypto. Update (May 26, 9:27 pm UTC): This article has been updated to include a statement from Truth Media and Technology Group. Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, has rebuffed a report that it’s planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies. The Financial Times reported the company’s plan on May 26, citing six people briefed on the matter, but Trump Media told the outlet that, “apparently the Financial Times has dumb writers listening to even dumber sources.” Read more -
Cointelegraph.com - 16:34 May 26, 2025
Bulls launched a futures market-driven attack on BTC’s $110,000 resistance level as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday? Key takeaways: Bitcoin price is capped at the $110,000 level due to sellers and a decrease in spot volumes. Leverage use is driving current rallies into this resistance level. Traders are watching today’s volumes to see if an emerging intra-day trends are followed at the US open on May 27. Read more -
Cointelegraph.com - 16:25 May 26, 2025
DNA Fund is entrenched in the Bittensor ecosystem, believing decentralized AI could be the next major breakthrough. Some of blockchain’s earliest adopters are now deeply “entrenching” themselves in decentralized AI, with ecosystems like Bittensor (TAO) emerging as growth engines. These platforms are reshaping traditional venture capital models, enabling the best ideas to organically attract community support, staking and liquidity without the need for institutional gatekeepers. That was one of the key takeaways from Cointelegraph’s interview with Chris Miglino, the co-founder and CEO of DNA Fund, a digital asset investment firm he runs alongside fellow serial entrepreneurs Brock Peirce and Scott Walker. DNA Fund manages, among other things, five distinct funds across a range of strategies, such as a high-yield fund, an algorithmic trading fund, an AI compute fund, a liquid token fund and a venture fund — serving both company and investor capital. Read more -
Cointelegraph.com - 15:33 May 26, 2025
Initial testing of the payment and banking app will be limited because "extreme care" must be taken when people's savings are involved, Elon Musk wrote on X. X Money, the payment and banking app tipped by Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25. Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “launching X Money soon.” The billionaire businessman subsequently jumped on the X thread to confirm the news, writing that the test will be a “very limited access beta at first.” Read more -
Cointelegraph.com - 15:15 May 26, 2025
BlackRock’s quantum computing warning serves as a call to action for the cryptocurrency ecosystem to address the looming challenges. In a rare move, BlackRock has quietly added a new line to its iShares Bitcoin Trust (IBIT) filing — and it is turning heads. The update, submitted in early May 2025, flags quantum computing as a potential risk to Bitcoin’s long-term security. The filing specifically warns that if quantum tech advances far enough, it could break the cryptographic systems that secure Bitcoin. Read more -
Cointelegraph.com - 15:00 May 26, 2025
AI’s future doesn’t depend on ever-larger models but on better, human-curated data. AI risks bias, hallucinations and irrelevance without expert oversight and high-quality training sets. Opinion by: Rowan Stone, CEO at Sapien AI is a paper tiger without human expertise in data management and training practices. Despite massive growth projections, AI innovations won’t be relevant if they continue training models based on poor-quality data. Besides improving data standards, AI models need human intervention for contextual understanding and critical thinking to ensure ethical AI development and correct output generation. Read more -
Cointelegraph.com - 14:47 May 26, 2025
Presidential hopefuls in South Korea are turning to crypto to win younger voters, with older generations now joining the conversation. Cryptocurrency has emerged as a defining issue in South Korea’s snap presidential election, with candidates vying for support from a growing base of digital asset investors across generations. All three front-runners have rolled out crypto-friendly proposals. These include the legalization of spot Bitcoin (BTC) exchange-traded funds (ETFs) and the easing of banking rules that currently restrict fiat-to-crypto trading to just five platforms. The June 3 vote is slated to come around two years early, triggered by the impeachment of former president Yoon Suk-yeol after his controversial declaration of martial law in late 2024. Though quickly overturned by lawmakers, the abrupt power grab led to a political crisis and his eventual removal from office. Read more -
Cointelegraph.com - 13:59 May 26, 2025
Fake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet. Key takeaways In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages. Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft. Read more -
Cointelegraph.com - 13:37 May 26, 2025
Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research. Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market, possibly signaling BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including US President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing a larger role, according to market analysts. Read more -
Cointelegraph.com - 13:12 May 26, 2025
You can read Bitcoin candlestick charts with zero experience — here’s how to understand patterns, spot trends, and start making smarter crypto moves. Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends. Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s. They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading. Read more -
Cointelegraph.com - 12:46 May 26, 2025
Pakistan Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council CEO Bilal Bin Saqib as special assistant on blockchain and crypto. Pakistan Prime Minister Shehbaz Sharif appointed Pakistan Crypto Council CEO Bilal Bin Saqib as his special assistant on blockchain and crypto. Saqib’s appointment takes effect immediately under Rule 4(6) of the Rules of Business, 1973. He has been granted the status of minister of state and will serve without salary or official benefits, according to a May 26 report in the English-language local news outlet, Pakistan Observer. The move follows a series of government initiatives aimed at strengthening Pakistan’s presence in the digital asset space. Just one day prior, Pakistan allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. Read more -
Cointelegraph.com - 12:45 May 26, 2025
Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs. Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April. Read more -
Cointelegraph.com - 12:10 May 26, 2025
Michael Saylor’s Strategy continued stacking Bitcoin as the cryptocurrency broke an all-time high above $110,000 last week. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin investor, bagged a fresh stash of BTC as the price briefly surged above $110,000 last week. Strategy acquired 4,020 Bitcoin (BTC) for $427.1 million between May 19 and 23, the company announced on May 26. The latest purchases were made at an average price of $106,237 per coin, with Bitcoin smashing past $110,000 on May 22. Read more -
Cointelegraph.com - 12:07 May 26, 2025
The Hedera Africa Hackathon 2025 will bring together over 10,000 people across more than 20 cities with $1 million in prizes to support blockchain ideas in Africa. The Hashgraph Association and the Exponential Science Foundation have launched the Hedera Africa Hackathon 2025, a global event designed to accelerate Web3 and artificial intelligence adoption across the African continent. With a prize pool of $1 million, the hackathon will run from Aug. 1 to Sept. 30 and aims to attract over 10,000 participants across 15 African countries, according to a news release shared with Cointelegraph. Organized by two nonprofit organizations — the Switzerland-based Hashgraph Association and the tech research-focused Exponential Science Foundation — the event is open to developers, students and entrepreneurs worldwide. Read more -
Cointelegraph.com - 11:51 May 26, 2025
Vitalik Buterin said there are ways Ethereum can function as a financial fallback in times of instability through hardware solutions. As Sweden reconsiders its push toward a cashless society, Ethereum co-founder Vitalik Buterin highlighted the fragility of centralized digital payments and the opportunity presented by decentralized payment alternatives. In recent years, Sweden has led the charge toward a cashless future, with digital payment platforms becoming widespread. However, as concerns over cyber-threats, civil defense and instability have emerged, Swedish authorities are now actively encouraging citizens to keep some cash. Buterin noted the reversal illustrates that while centralized solutions may be efficient, they may not be reliable during times of crisis. Read more -
Cointelegraph.com - 11:30 May 26, 2025
Bitcoin rebounded above $109,000, eyeing new all-time highs in reaction to President Donald Trump’s decision to extend EU tariffs to July 9. Key points: US President Donald Trump has extended the deadline of a proposed 50% tariff on EU goods to July 9. A temporary easing in trade tensions could help fuel Bitcoin’s rally to new all-time highs. Read more -
Cointelegraph.com - 11:26 May 26, 2025
Bitcoin could surpass $1.5 million by 2030 as macro fears, fiat inflation and institutional demand drive bullish long-term forecasts. Some prominent financial commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1 million before the end of the decade, driven by rising inflation and mounting global debt. ARK Invest CEO Cathie Wood said Bitcoin (BTC) could reach $1.5 million by 2030 in her firm’s “Bull Case” forecast. In a Feb. 11 video, Wood said the price would require BTC to grow at a compound annual rate of 58% over the next five years, largely fueled by increased institutional adoption. Related: Bitcoin hits new all-time high of $109K as trade war tensions ease Read more -
Cointelegraph.com - 10:49 May 26, 2025
Chart patterns and onchain trends align to suggest a 25% downside risk for XRP price in the near term. Key takeaways: Over 70% of XRP’s realized cap was accumulated near recent highs, echoing previous market top patterns. XRP’s active address count has plunged over 90% since March 2025, signaling reduced transactional demand. Read more -
Cointelegraph.com - 10:08 May 26, 2025
Bitcoin is back at $110,000 after a late surge into the weekly close. How will bulls navigate a brewing US bond crisis and the Fed's "preferred" inflation data? Bitcoin (BTC) bounces back to near fresh all-time highs as a testing macro week unfolds for risk-asset traders. BTC price action dipped below $107,000 before rebounding into the weekly close, as some eagerly anticipate new record highs. US inflation data meets bond market woes this week as the Federal Reserve shows no signs of cutting interest rates. Read more -
Cointelegraph.com - 09:34 May 26, 2025
Crypto vesting tracker Tokenomist reports that $3.3 billion in tokens will be unlocked in June, a 32% drop from May’s $4.9 billion. Digital assets worth $3.3 billion are set to enter circulation in June as vesting periods for several major projects expire. According to crypto vesting tracker Tokenomist, $3.3 billion in tokens will be released in June, a 32% decline in unlocked tokens month-on-month. In May, such tokens totaled $4.9 billion. Crypto projects allocate tokens for various purposes. For example, a company may promise tokens to team members to reward them for their contributions or sell them to early investors. However, projects usually lock the tokens for a specific period to prevent early holders from dumping before the project matures. Read more
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