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Futures desks made 9 out of 10 Bitcoin trades in May while spot activity slowed down
Bitcoin crossed the six-figure line for the first time this year in March and spent April drifting near the high $90,000 area. May opened at $96,505 and on May 22 printed a new record at $111,700, a 15.7 % advance in three weeks. Since then, the price has been hovering above $107,000, while turnover on […]
Fast food giant Steak 'n Shake launches Bitcoin payments, boosts financial efficiency
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 […]
Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve
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 […]
Cetus seeks Sui community nod to unlock $162M to make users whole
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 […]
VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
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 […]
SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance
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 […]
Senator Lummis says US military generals support strategic Bitcoin reserve
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 […]
Billionaire Bryan Johnson pledges to witness the final Bitcoin halving
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 […]
Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid
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 […]
Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan
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 […]
Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang board chairman
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 […]
We interviewed GPT-3 in 2022 before ChatGPT. Here’s what it got right (and so very wrong)
"I believe that the all-time high of Bitcoin was around $20,000." — GPT-3, April 2022 "Bitcoin peaked at $68,990 in November 2021 due to a confluence of pandemic-era stimulus, institutional momentum, and speculative fervor. The misquote from GPT-3 highlights the limitations of pre-trained, non-updated models." — GPT-4o, May 2025 Three years ago, I interviewed GPT-3 […]
Solana may underperform Ethereum as memecoin demand declines
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report […]
USDC issuer Circle seeks IPO under ‘CRCL’ with Goldman, JPMorgan support
Circle, the USDC stablecoin issuer, has filed to go public under the ticker "CRCL" through an initial public offering on the New York Stock Exchange (NYSE), according to a May 27 announcement. The firm plans to offer 24 million shares of Class A common stock as part of the listing. Circle will directly issue 9.6 […]
Rumble Cloud Enters Strategic Collaboration with TRON
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › LONGBOAT KEY, Fla., May 27, 2025 – Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain […]
Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’
Strategy, formerly known as MicroStrategy, is unlikely to adopt on-chain proof-of-reserves (PoR) disclosure for its substantial Bitcoin holdings. At the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, dismissed the practice as a potential security threat, saying it exposes firms and users to unnecessary risks. Saylor made the comments while responding to […]
Ethereum hitting real-time zk-proof milestone is ‘ZK man on the moon moment’
Succinct has demonstrated real-time zero-knowledge proving for Ethereum blocks, generating cryptographic proofs in under 12 seconds. Succinct’s SP1 “Hypercube” zkVM produced a proof for Ethereum block 22309250 (143 transactions, 32 million gas) in 10.8 seconds, and internal benchmarks showed it could prove 93 % of 10,000 recent main-net blocks in under 12 seconds, with an […]
Tether invests $5 billion profit into US companies while holding $120 billion in US debt
Tether, the issuer of the world's largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging […]
Digital Assets See $3.3B Weekly Inflows Despite XRP's Historic Reversal
After an unprecedented 80-week streak of inflows, XRP faced a sharp reversal with outflows totaling $37.2 million – the highest on record. This drop came despite a strong performance from broader digital asset investment products, which attracted $3.3 billion in inflows last week. According to CoinShares, the inflows brought the six-week inflow streak to a […]
Solana reveals attestation service to supercharge internet capital markets
Solana Foundation introduced the Solana Attestation Service on May 23, positioning the protocol as a trust layer for what the network's backers call "internet capital markets." The open-source service lets approved issuers bind off-chain credentials, such as know-your-customer results, geographic eligibility, or accreditation status, to a user's wallet address without exposing personal data on-chain. Attestations […]