Archives par catégorie: Flash News

Fungible cryptos in secondary sales are not securities, Ripple tells SEC

Fungible cryptos in secondary sales are not securities, Ripple tells SEC

Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC). In its May 27 letter, Ripple cited US attorney and crypto law thought leader Lewis Cohen to support its claim. In his widely cited […]

Bitcoin whales keep buying as BTC price dip targets include $94K

Bitcoin whales keep buying as BTC price dip targets include $94K

Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance. Bitcoin (BTC) may see support only at $94,000 if a fresh BTC […]

Sui validators vote on $162M Cetus recovery plan to restore user funds

Sui validators vote on $162M Cetus recovery plan to restore user funds

Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3. Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus managed to freeze $162 million of […]

Metaplanet issues $50M in new debt to buy more Bitcoin

Metaplanet issues $50M in new debt to buy more Bitcoin

Japanese investment firm Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its ongoing strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company that it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest. Investors will […]

IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal

IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal

The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting […]

Altcoin ‘wildfire’ inbound as trader shuts down bear market fears

Altcoin ‘wildfire’ inbound as trader shuts down bear market fears

A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said […]

Australian regulator takes former Blockchain Global director to court

Australian regulator takes former Blockchain Global director to court

Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global.  Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities and Investments Commission said in a May 28 press release. ASIC alleged Guo made multiple breaches of directors’ duties relating […]

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt. Sacks told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the Bitcoin 2025 conference […]

Rep. Steil urges restraint on adding ‘non-germane items’ to crypto bills

Rep. Steil urges restraint on adding ‘non-germane items’ to crypto bills

US Representative Bryan Steil wants lawmakers to stop adding “non-germane items” into two key crypto bills, claiming that doing so is slowing the implementation of a regulatory framework for the industry. “Individuals, when they see legislation that’s going to move forward, want to attach non-germane items to any bill that’s going to move through and […]

Trump’s CFTC pick Quintenz discloses crypto links, $3.4M assets

Trump’s CFTC pick Quintenz discloses crypto links, $3.4M assets

US President Donald Trump’s pick to chair the Commodity Futures Trading Commission has disclosed millions of dollars worth of assets, along with his various ties to crypto-related organizations. In paperwork released by the US Office of Government Ethics on May 25, Brian Quintenz disclosed his key positions in crypto and market firms that would directly […]

CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’

CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’

Outgoing US Commodity Futures Trading Commission commissioner Christy Goldsmith Romero says the exodus of the agency’s top brass is “not a great situation” for crypto regulations. The CFTC could be headed by just one commissioner once the other four depart later this year, which Goldsmith Romero said in a May 27 interview at the Brookings […]

Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst

Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst

Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks will likely determine whether Bitcoinʼs latest breakout was a local high or the prelude to a more aggressive leg higher in Q3,” Bitfinex […]

Jack Dorsey’s Block to bring Bitcoin payments to Square by 2026

Jack Dorsey’s Block to bring Bitcoin payments to Square by 2026

Jack Dorsey’s financial services firm Block, Inc. will launch Bitcoin payments on Square, its payments processing arm, with a rollout to begin later this year before a full launch in 2026. The company announced the plan at the Bitcoin 2025 conference in Las Vegas on May 27, where Block demonstrated the feature at the BTC […]

Real-world assets could revitalize dying NFT lending market: DappRadar

Real-world assets could revitalize dying NFT lending market: DappRadar

Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and user activity, says blockchain analytics platform DappRadar. Volumes in the NFT lending market, which allows NFT holders to take out a loan against […]

Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process. The stock market’s May 23 19b-4 filing, which asks the SEC to list the 21Shares SUI ETF, follows 21Shares’ April 30 submission of its S-1 registration statement to […]

Third individual arrested in NYC crypto torture and kidnapping case

Third individual arrested in NYC crypto torture and kidnapping case

A third individual, suspected of being connected to the recent kidnapping, torture and attempted extortion of an Italian tourist in New York City, surrendered to law enforcement on May 27. 33-year-old William Duplessie was taken into custody by the New York Police Department (NYPD) and will be charged with “kidnapping and false imprisonment of an […]

Ethereum price target shifts to $3K after SharpLink adopts ETH ‘treasury strategy’

Ethereum price target shifts to $3K after SharpLink adopts ETH ‘treasury strategy’

Key takeaways: SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH. Ethereum futures open interest hits an all-time high of $36.1 billion, with ETH price climbing 4.5% on the daily chart. Nasdaq-listed SharpLink Gaming (SBET) announced a $425 million private investment in […]

Growing BTC reserve requires Congressional legislation — VanEck exec

Growing BTC reserve requires Congressional legislation — VanEck exec

Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin mining incentives into the congressional budget reconciliation process. According to Sigel, the […]

Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back

Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back

Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying to time the market. Back came to this conclusion in the early […]

Trump supports bill to buy 1 million BTC — Senator Lummis

Trump supports bill to buy 1 million BTC — Senator Lummis

US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis.  Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said she is bringing the BITCOIN ACT to […]