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Bitcoin nosedives 4% as Donald Trump tariffs imported iPhones and EU products
Bitcoin has plummeted over 4% from its recent all-time high of $111,900 toward $107,000 as US President Donald Trump announced potential tariffs on iPhones not made in the USA and EU-imported goods. Bitcoin drop (Source: TradingView) S&P 500 and oil futures fell over 1.6% and 0.9%, respectively, while gold is up 1.5%. Trump claimed the […]
Did OpenAI tease Sora2 with Sam Altman, Jony Ives AI-generated launch video?
OpenAI just released a video of CEO Sam Altman and Jony Ive talking in a San Francisco café about merging Ive’s hardware startup Io with the AI lab. Crypto Twitter promptly FOMOed past launching 10,000 IO-INU-DOGE-SAMMA tokens and latched onto the headline question: did OpenAI deepfake its own corporate announcement? Within hours, #Sora2 trended harder […]
TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests
US President Donald Trump hosted a highly publicized crypto dinner on May 22 for top holders of the TRUMP memecoin, attracting a mix of crypto elites and public figures from across the globe. The exclusive event, first announced in April, was reserved for the top 220 TRUMP token holders. The 25 largest holders received VIP […]
Bitcoin supply near total profitability as institutional demand drives value flows
Bitcoin reached a new all-time high on May 22, pulling almost the entire supply into profit. Data from Checkonchain showed that 99.82 % of circulating Bitcoin sat above cost on May 21, up from 74.37% during the early April drawdown. The short-term cohort logged an even steeper swing after its supply in profit collapsed from […]
Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’
Raoul Pal, CEO of Real Vision and a prominent voice in macro investing, has once again stirred debate in the digital asset space, this time by declaring NFTs the "single best long-term store of wealth." The comment, made in social media comment screenshotted by the community, followed his broader thesis that currency debasement and exponential […]
Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery
Memecoin trading activity on Solana is tracking Bitcoin's recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […]
Turnkey Announces TRON Policy Engine, Providing Support for Enterprise Payment Solutions
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › NEW YORK – May 22, 2025 – Turnkey, the secure, flexible, and scalable wallet infrastructure provider for digital asset operations, today announced full compatibility between its policy engine and the TRON blockchain. This integration equips fintech […]
Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels
Active loans across decentralized lending applications climbed to a record $23.723 billion on May 21, based on Token Terminal data. Meanwhile, the DeFi ecosystem's total value locked (TVL) sits 6.4% below the level recorded on Jan. 31, the day before President Donald Trump formalized his proposed import tariffs. The surge in outstanding loans extends an […]
UK Court of Appeals dismisses BSV lawsuit against Binance, others over 2019 delisting
The UK Court of Appeals dismissed a high-profile challenge by BSV Claims Ltd, which sought up to £9 billion in damages from Binance and other exchanges over the 2019 delisting of Bitcoin Satoshi Vision (BSV). BSV Claims, acting on behalf of around 243,000 BSV holders, alleged that coordinated delisting actions by Binance, Kraken, and ShapeShift, […]
Volatility Shares debuts first 1x XRP futures ETF for US investors
Volatility Shares began trading the first US-based exchange-traded funds (ETFs) linked to XRP futures on May 22, according to an official announcement. The funds, XRPI and XRPT, track XRP futures contracts and are listed on Nasdaq. XRPI offers one-to-one exposure to XRP's daily performance, while XRPT aims to deliver double the digital asset's daily movement, […]
Solana price fractal targets rally to $260, but one thing must happen first — Analysts
Key takeaways: After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Solana shows […]
XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD
The XRP Ledger (XRPL) added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. According to the announcements, each of the tokens is backed by fiat currencies and will reinforce XRPL's role in the fast-evolving global stablecoin market. Notably, XRPL is fast becoming a top choice for stablecoin issuers and institutional players due […]
Kraken to launch 24/7 trading for tokenized US stocks via Solana
Kraken is preparing to roll out a new product that will allow users in select countries outside the US to trade tokenized versions of major American stocks and ETFs 24/7. According to the May 22 announcement, the offering will include names such as Apple, Tesla, and Nvidia, with plans to expand the selection over time. […]
Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings
Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price. […]
Binance lists USD1 stablecoin with trading restrictions in EU and US
Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can […]
BTC perpetual funding rates spike as open interest and longs surge with price
Funding rates for Bitcoin perpetual futures have spiked sharply in the past 24 hours, especially on USDT- and USD-margined contracts. The latest daily aggregated rate across exchanges reached 0.010885% on May 22, up from 0.007804% on May 21 and just 0.005429% on May 20. Both OI- and volume-weighted funding rates rose notably between May 21 […]
Sui-based Cetus Protocol suspends operations following $260 million oracle exploit
Cetus Protocol, a decentralized exchange (DEX) operating on the Sui Network, has suspended its smart contract operations after a serious security breach. The platform confirmed the exploit on May 22 through its official X account, noting that the shutdown was necessary to prevent further fund loss, stating, “🚨Alert Announcement 🚨 There was an incident detected […]
Avalanche surges 11% to $25 after FIFA unveils blockchain and VanEck eyes fund
Avalanche’s native token, AVAX, is gaining momentum in the current crypto market surge, buoyed by fresh institutional activity and a major partnership with FIFA. According to CryptoSlate's data, AVAX surged by 11% in the last 24 hours, reaching $25.16 at the time of reporting. This continues a weeklong trend that has seen the token rise […]
Nobody cares – Fear I Already Missed Out may be overpowering FOMO in Bitcoin market
Bitcoin trades above $110,000 today, while Google Trends data for “bitcoin” sits at 38. This afternoon, a Midtown Manhattan barista will glance at a phone ticker showing $110,630. He'll shrug and keep steaming milk. The mood lines up with the data as searches for the word have stayed in the low-40 band for months, the […]
Exchanges are giving away over $10 million to celebrate Bitcoin Pizza Day today
Fifteen years after a programmer traded 10,000 BTC for two pizzas, the crypto community marked Bitcoin Pizza Day with record-breaking celebrations. In 2010, Laszlo Hanyecz paid roughly $41 for a pair of Papa John’s pies in what became the first known real-world Bitcoin transaction. Today, those coins would be worth $1.11 billion at Bitcoin’s new […]