Category: crypto

OpenAI released a video of CEO Sam Altman and Jony Ive discussing merging Ive’s startup Io with OpenAI. Crypto Twitter speculated about the authenticity of the video, focusing on details like latte foam. Despite the controversy, Altman is investing billions to create a revolutionary computing device. The internet debates the video’s realism while OpenAI and…

Bitcoin has recovered slightly after dropping from its all-time high due to Trump’s announcement of potential tariffs on EU-imported goods. S&P 500 and oil futures fell, while gold rose. Trump criticized the EU’s trade policies and threatened tariffs. All top 10 cryptocurrencies declined, with Solana performing the best. Bitcoin erased recent gains.

Major US banks are reportedly collaborating on a joint stablecoin initiative, signaling a shift in traditional financial institutions’ approach to cryptocurrencies. This development could challenge the dominance of current stablecoin leaders, Tether and Circle. The move highlights the growing importance of stablecoins in the global financial system and could impact the market significantly.

A recent report by CryptoSlate examines the performance of high beta Bitcoin proxy stocks in comparison to Bitcoin’s spot price, ETFs, and vehicles like MSTR. It shows that these stocks are lagging behind BTC price in 2025, indicating a potential investment opportunity for those looking to gain exposure to Bitcoin.

Changpeng Zhao, former CEO of Binance, denies allegations in a Wall Street Journal article that he acted as a “fixer” for World Liberty Financial, a DeFi venture linked to the Trump family. Zhao refuted claims of arranging introductions for the company and accused the publication of distorting facts. He criticized WSJ for misleading reporting and…

US President Donald Trump hosted a crypto dinner for top TRUMP memecoin holders on May 22, attended by crypto elites and public figures globally. TRON founder Justin Sun had the highest stake. Despite the event’s success, TRUMP token prices dropped post-dinner, with some attendees selling off their holdings. Critics called the event corrupt.

Strategy is raising $2.1 billion through the sale of Series A Perpetual Strife Preferred Stock (STRF) under an ATM program. The funds will be used for Bitcoin acquisitions and other initiatives. The stock is managed by TD Securities, Barclays Capital, and The Benchmark Company, offering a 10% yield and attracting conservative fixed-income capital into Bitcoin.

Kraken is introducing a new product called xStocks, allowing users outside the US to trade tokenized versions of major American stocks and ETFs 24/7. The product will tokenize popular US-listed assets on the Solana network. Kraken aims to offer faster, cheaper, and more inclusive access to US equities, democratizing access to US markets.

The XRP Ledger added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. These tokens are backed by fiat currencies and strengthen XRPL’s role in the stablecoin market. XRPL is becoming a top choice for stablecoin issuers and institutional players due to its features like low fees, fast transaction speeds, scalability, and regulatory…

Volatility Shares introduced the first US-based ETFs linked to XRP futures, listed on Nasdaq as XRPI and XRPT. XRPI offers one-to-one exposure to XRP’s daily performance, while XRPT aims for double the movement. These ETFs allow trading XRP without managing wallets. CME Group’s XRP futures trading volume exceeded $15.6 million.