CryptoSlate

Found 245 news

  • Bitcoin eyes $120,000 price zone as exchange flows, leverage surge
    CryptoSlate - 20:36 May 28, 2025
    Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest.  Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks.  Bitcoin hit a new all-time high of $111,000 before pulling back […] The post Bitcoin eyes $120,000 price zone as exchange flows, leverage surge appeared first on CryptoSlate.
    Tags: Bitcoin
  • JD Vance declares ‘Operation Chokepoint 2.0’ dead, pledges crypto market clarity
    CryptoSlate - 19:51 May 28, 2025
    US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry. Vance said the President Donald Trump administration has […] The post JD Vance declares ‘Operation Chokepoint 2.0’ dead, pledges crypto market clarity appeared first on CryptoSlate.
  • SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation
    CryptoSlate - 19:25 May 28, 2025
    The US Securities and Exchange Commission released the agenda for its upcoming roundtable, “DeFi and the American Spirit,” scheduled for June 9 at its Washington, D.C. headquarters. Organized by the agency’s Crypto Task Force, the half-day event is the fifth in an ongoing series designed to explore regulatory approaches to digital assets. The latest session […] The post SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation appeared first on CryptoSlate.
    Tags: DeFi
  • BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO
    CryptoSlate - 18:43 May 28, 2025
    BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.  Orders for the offering have reportedly exceeded the […] The post BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO appeared first on CryptoSlate.
  • US Labor Department dials back crypto warning for retirement plans
    CryptoSlate - 18:05 May 28, 2025
    The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according to a May 28 announcement. The decision withdraws “Compliance Assistance Release No. 2022-01,” which directed fiduciaries to exercise “extreme care” before including digital assets in retirement plan investment menus. Neutrality restored  […] The post US Labor Department dials back crypto warning for retirement plans appeared first on CryptoSlate.
  • El Salvador continues to resists IMF pressure to halt Bitcoin accumulation
    CryptoSlate - 17:30 May 28, 2025
    The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged. In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July. According […] The post El Salvador continues to resists IMF pressure to halt Bitcoin accumulation appeared first on CryptoSlate.
  • Ripple donates ‘Skull of Satoshi’ sculpture to foster unity with Bitcoin community
    CryptoSlate - 17:03 May 28, 2025
    Ripple has donated the controversial “Skull of Satoshi” sculpture to the Bitcoin community in a symbolic move to foster cross-chain unity. The donation was made during the Bitcoin Conference on May 28, marking an unexpected collaboration moment between two long-standing crypto industry rivals. Ripple CEO Brad Garlinghouse described the move as a symbolic gesture to […] The post Ripple donates ‘Skull of Satoshi’ sculpture to foster unity with Bitcoin community appeared first on CryptoSlate.
  • TON jumps 16% as Telegram gets $300M plus xAI equity to integrate Grok
    CryptoSlate - 14:33 May 28, 2025
    Telegram is no longer just a privacy-first chat app for crypto bros. With a dramatic one-two punch, a $300 million alliance with Elon Musk’s xAI and a $1.5 billion high-yield bond raise, Telegram has moved from insurgent platform to profit engine. TON jumped 15% after Durov confirmed the collaboration. Yet its future, including IPO prospects, […] The post TON jumps 16% as Telegram gets $300M plus xAI equity to integrate Grok appeared first on CryptoSlate.
  • Ripple challenges SEC’s decentralization focus, proposes network maturity standard
    CryptoSlate - 13:45 May 28, 2025
    Ripple has called on the US Securities and Exchange Commission (SEC) to establish clearer standards for determining when a digital asset no longer qualifies as part of an investment contract. The company submitted a detailed letter to the SEC’s Crypto Assets and Cyber Unit on May 27, expanding on a question raised by Commissioner Hester […] The post Ripple challenges SEC’s decentralization focus, proposes network maturity standard appeared first on CryptoSlate.
    Tags: Ripple
  • GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase
    CryptoSlate - 12:56 May 28, 2025
    GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly […] The post GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase appeared first on CryptoSlate.
  • Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency
    CryptoSlate - 22:47 May 27, 2025
    Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin […] The post Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency appeared first on CryptoSlate.
  • Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve
    CryptoSlate - 22:15 May 27, 2025
    Bo Hines told the 2025 Bitcoin Conference in Las Vegas on May 27 that the federal government will hold every Bitcoin (BTC) already in custody and pursue additional budget-neutral ways to increase its Strategic Bitcoin Reserve. Hines, who serves as the executive director of the President’s Council of Advisers for Digital Assets, described Bitcoin as […] The post Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve appeared first on CryptoSlate.
  • Cetus seeks Sui community nod to unlock $162M to make users whole
    CryptoSlate - 21:45 May 27, 2025
    Sui-based protocol Cetus said on May 27 that it can reimburse every user affected by its May 22 exploit if Sui token holders approve the return of frozen funds in an upcoming on-chain vote. Cetus said in a May 27 social media post that its cash and token reserves, combined with a secured loan from […] The post Cetus seeks Sui community nod to unlock $162M to make users whole appeared first on CryptoSlate.
    Tags: Cetus
  • VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
    CryptoSlate - 21:15 May 27, 2025
    VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC) mining so the federal government can accumulate BTC for its strategic reserve.  Speaking during a policy panel at the 2025 Bitcoin Conference in Las Vegas on May 27, Sigel said the reserve can grow through […] The post VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way appeared first on CryptoSlate.
  • SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance
    CryptoSlate - 20:30 May 27, 2025
    SharpLink Gaming plans to establish a $425 million Ethereum (ETH) treasury under the guidance of Consensys CEO and Ethereum co-founder Joseph Lubin, the company announced on May 27. The sports-betting technology company entered into securities purchase agreements for a private investment in public equity. The company will issue 69.1 million shares at $6.15 each, or […] The post SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance appeared first on CryptoSlate.
  • Senator Lummis says US military generals support strategic Bitcoin reserve
    CryptoSlate - 20:00 May 27, 2025
    Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors […] The post Senator Lummis says US military generals support strategic Bitcoin reserve appeared first on CryptoSlate.
  • Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in 2140
    CryptoSlate - 19:15 May 27, 2025
    Tech entrepreneur and longevity enthusiast Bryan Johnson announced he will speak at Bitcoin 2025 in Las Vegas, aligning his vision of radical life extension with Bitcoin’s (BTC) long-term roadmap. In a social media post on May 26, Johnson referenced the final Bitcoin halving over 100 years away from now, pledging to be alive for the […] The post Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in 2140 appeared first on CryptoSlate.
  • Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid
    CryptoSlate - 18:10 May 27, 2025
    Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […] The post Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid appeared first on CryptoSlate.
  • Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan
    CryptoSlate - 17:04 May 27, 2025
    Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally. Strategy (formerly […] The post Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan appeared first on CryptoSlate.
  • Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang board chairman
    CryptoSlate - 15:50 May 27, 2025
    Bitcoin-focused firm Top Win International has officially changed its Nasdaq ticker symbol from TOPW to SORA to reflect its revamp to a Bitcoin Treasury company, according to a May 27 regulatory filing. The firm has also appointed Sora Ventures co-founder Jason Fang as chairman of the board of directors. Fang brings a wealth of experience to […] The post Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang board chairman appeared first on CryptoSlate.

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