Category: crypto

Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million for additional Bitcoin purchases. The bonds have a face value of $625,000 each and will be redeemed in full by Nov. 7, 2025. Metaplanet aims to accumulate 10,000 Bitcoin by the end of the year and has become the largest public Bitcoin holder in…

Lido’s governance community is considering a proposal to give staked Ethereum holders more influence in protocol decisions through a Dual Governance framework. Currently, only LDO token holders can vote, leaving stETH holders without a formal way to oppose or influence proposals. The proposed system includes a timelock mechanism to allow stETH holders to respond to…

Democratic senators have asked the US Treasury and Justice Department to investigate President Trump’s ties to Binance. They are concerned about Trump-affiliated digital assets and financial transactions with Binance. Senators are seeking updates on Binance’s compliance and possible exit from the US market, amid reports of potential partnerships with Trump entities.

CryptoQuant CEO Ki Young Ju has revised his prediction that the Bitcoin bull cycle had ended, citing a shift in market structure and significant inflows through ETFs. New players, such as institutional investors and government agencies, are helping absorb sell pressure, leading to a more stable market with less volatility.

Wellgistics Health will integrate XRP as a treasury asset and payment infrastructure for its pharmacy network, with a $50 million capital facility arranged through LDA Capital. XRP will be used for balance sheet holding and on-ledger payments, aiming to speed up transactions and reduce fees. The move aligns with XRP’s increasing institutional infrastructure. Regulatory clarity…

Ripple CEO Brad Garlinghouse is urging US lawmakers to establish a regulatory framework for stablecoins to maintain the country’s competitive edge. The failure to advance the GENIUS Act, a bill for stablecoin regulation, has drawn criticism from Treasury Secretary Scott Bessent. Stablecoin adoption is on the rise, with transaction volumes hitting record highs. Traditional financial…

German law enforcement shut down the crypto exchange eXch and seized over $38 million in digital assets due to failure to comply with anti-money laundering regulations. Bitcoin, Ethereum, Litecoin, and Dash were among the assets confiscated. The platform is accused of facilitating illegal activities, including ties to the $1.5 billion Bybit theft. Despite announcing closure,…

Bitcoin surpassed $100,000, reaching $104,000 on May 8, correlating with the global M2 money supply lagged by 90 days. This correlation has been a focus of trading forums and analysts, with some predicting Bitcoin’s continued rise. However, the correlation is elastic and influenced by external factors, making it a useful but not definitive tool for…

SEC Commissioner Caroline Crenshaw strongly opposes the recent settlement between the SEC and Ripple Labs, arguing that it weakens regulatory oversight and fails to protect investors. She believes the deal undermines the court’s and SEC’s authority and sets a troubling precedent for future enforcement. Crenshaw warns that the agreement reflects a broader retreat from effective…

The Senate rejected cloture on the GENIUS Act bill, aiming to regulate stablecoins. Democrats accused of filibustering, causing a one-vote difference. Treasury Secretary Bessent emphasized the need for American leadership in crypto. Senator Lummis expressed disappointment. Galaxy Digital and Digital Chamber officials hope for a revised bill. Variant Fund and Solana Policy Institute foresee bipartisan…