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Showing posts from May, 2025

Saylor shoots his shot for Joe Rogan spot: ‘Let’s talk about Bitcoin’

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Michael Saylor’s appearance on The Joe Rogan Experience would “shatter the internet,” according to a Bitcoiner. from Cointelegraph.com News https://ift.tt/KT8PwN5

Bitcoin advocate Max keiser casts doubt over new BTC treasury companies

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Newer Bitcoin treasury companies have not yet been battle-tested in prolonged bear market conditions, the Bitcoin maximalist said. from Cointelegraph.com News https://ift.tt/t6bLQWM

SEC says REX-Osprey staked SOL and ETH funds may not qualify as ETFs

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The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds. from Cointelegraph.com News https://ift.tt/TL5Wavl

Bitcoin analysts predict $180K to $250K price top in 2025 — Which is most realistic?

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Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025. from Cointelegraph.com News https://ift.tt/6WceREC

For Bitcoin 2025, the word of the day was ‘freedom’

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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. from Cointelegraph.com News https://ift.tt/gtqsljW

Bitcoin price rally driven by macroeconomic headwinds, not just spot BTC ETF flows — Analyst

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Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC. from Cointelegraph.com News https://ift.tt/eVSIZGA

Stablecoin payment volume reaches $94B, driven by B2B Transfers

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Business-to-business transactions and card-linked stablecoin payments have grown, while Tether’s USDt has established dominance. from Cointelegraph.com News https://ift.tt/pzQm5fh

SEC dismisses lawsuit against Binance

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The SEC and Binance have signed a joint stipulation to end the two-year legal battle, court documents show. from Cointelegraph.com News https://ift.tt/ZQmTKo0

Santander considers issuing stablecoin, retail crypto services

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The news comes at a time when many banks are considering issuing their own private stablecoins. from Cointelegraph.com News https://ift.tt/bpnt0SN

GameStop shares sink 11% after BTC purchase

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Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced the purchase of 4,710 Bitcoin ( BTC ) valued at roughly $513 million on May 28. GameStop confirmed plans to create a BTC treasury strategy on March 26, following months of investor speculation and rumors that it would begin accumulating the cryptocurrency. Trump Media and Technology Group (TMTG), the parent company of President Donald Trump’s Truth Social platform, also saw its shares plunge after announcing a $2.5 billion capital raise to purchase Bitcoin . Since the May 27 announcement, TMTG stock has dropped over 24%. GameStop’s stock has experienced a pullback following the company’s first Bitcoin purchase. Source: TradingView GameStop’s move to adopt Bitcoin as a treasury reser...

Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

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Key point: Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin ( BTC ) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time high after a sharp rally. The report added that a mild retracement or consolidation would be healthy and lay the foundation for the next leg higher. Glassnode had a similar view. In its latest report, the market intelligence company said that the relative strength indicator (RSI) has weakened, suggesting easing momentum , which could lead to “a potential pause or reversal in the recent bullish trend.” Crypto market data daily view. Source: Coin360 Even if a correction happens, dips are likely to be purchased. Material Indicators co-founder Keith Alan remains bullish as Bitcoin continues to trade above $100,000, and the wh...

JD Vance urges Bitcoin community to embrace politics

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United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics. Vance highlighted the strategic and geopolitical importance of Bitcoin , emphasizing that the US should maintain leadership in the crypto industry to remain competitive in the age of digital finance. Vance told the audience: "What happens in the world of politics, what happens in the world of bureaucracy, will affect even the most transformational and valuable technologies if we do not make the right decisions. The first thing that I would ask you, is to take the momentum of your political involvement in 2024 and carry it forward to 2026 and beyond." “Don’t ignore politics because I guarantee you, my friends, politics is not going to ignore this community, not now, and not in the future,” the vice president continued. Vice President JD Vance gives a keynote speech at Bitcoi...

Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back

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Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying to time the market. Back came to this conclusion in the early days of Bitcoin, he said, when the price “was going up basically exponentially but it [was] extremely volatile.” “So [...] if you see something that’s going up exponentially but with volatility, if you sell it to time the market a bit falling, the odds are against you,” Back said, adding: “The trend line is up and to the right, exponential, and so there’s extremely bad trading odds attached to selling because you’re really hoping that it falls.” Adam Back during the interview. Source: Unchained Bitcoin is known for its extreme volatility and heightened bull-bear market cycles. It has seen multiple corrections above 80%, which may test the stom...

Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report

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Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services. According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said it secured a facility worth over $100 million as part of a “broader credit framework,” while Maple Finance reportedly closed the first tranche of an agreement with Cantor. The service allows companies holding Bitcoin to borrow funds and use the cryptocurrency as collateral, providing a way to unlock liquidity without selling their BTC holdings. Cantor announced its Bitcoin financing business with an initial capital of $2 billion in July 2024, targeting institutional investors seeking to leverage their Bitcoin. At the time, the company said Anchorage Digital and Copper would serve as custodians and collateral managers in the venture. Credit markets are a fundamental part of the financial syste...

Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise

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Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin ( BTC ) after denying earlier reports of the deal. According to a May 27 announcement from the company, the capital raise comprises a $1.5 billion stock sale and $1 billion in convertible senior secured bonds, with a 0% coupon. The sale is expected to close on May 29. TMTG CEO Devin Nunes said: “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets. This investment will help defend our Company against harassment and discrimination by financial institutions." TMTG spokespeople responded to the initial report from the Financial Times, published a day before the announcement, with derision. “Apparently, the Financial Times has dumb writers listening to even dumber sources,” TMTG repres...

Crypto industry urges SEC to clarify staking stance

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Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty for Web3 infrastructure providers, according to Allison Muehr, head of staking policy for the Crypto Council for Innovation, a trade group. Clarifying the SEC’s position on staking has become a top priority for the crypto industry, Muehr said during Solana’s Accelerate conference in New York. “We’re about 25% of the way there,” Muehr said. “The SEC has done more constructive engagement with us in the past four months than in the last four years, but we still don’t have formal staking guidance.” Allison Muehr, right, the Crypto Council for Innovation’s head of staking policy, speaks at Accelerate. Source: Cointelegraph Related: SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate Changing regulatory stance Under the previous US presidential administration, the SEC brought enforcement acti...

Trump Media Group to raise $3B for Bitcoin treasury — Report

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Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported . The move would position the company to follow the footsteps of crypto treasury companies like Strategy. Trump Media will issue $2 billion in equity and $1 billion in convertible bonds, a type of asset that can be converted into equity at a later date. The size of the raise may change, the FT cited sources familiar with the matter as saying. The equity is expected to be sold at market price as of the close on May 23. On that day, the share price closed at $25.72, marking a 4.6% increase on the day. Trump Media’s market capitalization was $5.7 billion as of May 23. Trump Media and Technology Group share price on May 23. Source: Google Finance The company is following a similar approach to that pioneered by companies such as Strateg...

Blockchain security firm releases Cetus hack post-mortem report

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Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check. According to the report , the hackers exploited a flaw in the most significant bits (MSB) check, allowing them to manipulate the values for the liquidity parameters by orders of magnitude and establish relatively large positions with a keystroke. The Dedaub security researchers wrote: "This allowed them to add massive liquidity positions with just one unit of token input, subsequently draining pools collectively containing hundreds of millions of dollars worth of tokens." The incident and the post-mortem update reflect the unfortunate trend of cybersecurity exploits and hacks impacting crypto and the Web3 industry.   Executives in the industry have continually warned that industr...

Bitcoin price expected to soar as global bond markets break — Here’s why

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Key takeaways : Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not because of worsening macro conditions, but possibly because of them. Bitcoin ( BTC ) climbed to new heights amid an increasingly fragile global macroeconomic backdrop. Bond yields are surging in the US and Japan, global growth is stalling, and consumer confidence in the US is scraping historic lows. Paradoxically, the very macro conditions that once threatened Bitcoin’s price are now fueling its rise. The shift speaks to a broader transformation in how investors interpret risk and where they seek refuge. At the center of this realignment is the US debt crisis and the ballooning Treasury yields, which were once considered the safest assets in the world. Why are US Treasury yields so important? When US bond yields rise, the cost of servic...