Crypto groups urge US regulators to clarify staking stance
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,…
Bitcoin, ETH, XRP, SOL, HYPE and DOGE look ready to rally
Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract…
Bitcoin consolidates below all-time high as profit-taking, tariff risks cool price momentum
Bitcoin (BTC) is experiencing a healthy consolidation phase after last week’s record high of $111,880, but it still faces threats from significant profit-taking movements. According to a May 26 “Bitfinex…
Trump Media reportedly plans $3B raise for crypto buys via equity raise, bond backing
Trump Media and Technology Group (TMTG) plans to raise $3 billion to purchase Bitcoin (BTC) and other crypto, as the Financial Times reported. The report cited six people briefed on…
Crypto trader loses $2.5 million USDT after falling for address poisoning scam twice
A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours. On May 26, blockchain security firm Scam Sniffer reported that…
Strategy acquires another 4,020 BTC following Bitcoin’s new ATH
Strategy has acquired an additional 4,020 BTC for $427.1 million at an average purchase price of $106,237 per Bitcoin. According to a May 26 statement, Strategy funded its latest Bitcoin…
Crypto ETPs saw $3.3 billion in inflows last week as BTC and ETH surged
Digital asset investment products attracted $3.3 billion in inflows last week, marking the sixth consecutive week of gains. According to CoinShares‘ latest weekly data, this brings total inflows over the…
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed…
Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price
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. A bullish V-shaped recovery pattern…
Degen Diaries: Volume 3
In this edition of Degen Diaries, we dive into three Solana memecoins catching our attention: $MAYDAY, a rule-breaking token with no dev wallet and a surprisingly strong community; $PLUTO, a…