Archives par catégorie: Flash News

Solana chart hints at 180% rally to $300 if key technical trend holds

Solana chart hints at 180% rally to $300 if key technical trend holds

Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Solana (SOL) price tested the $180 resistance level on May 11, but it […]

Ethereum bulls aim for $2.7K ahead of ETH’s $2.4B options expiry

Ethereum bulls aim for $2.7K ahead of ETH’s $2.4B options expiry

Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. On May 30, $2.4 billion in Ether (ETH) options will expire—an event that could support ETH’s attempt to break above the $2,700 […]

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans

The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans. On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when considering cryptocurrency for 401(k) retirement plans. The move could give asset managers more […]

Bitcoin analyst says BTC price peak in $220K to $330K range still possible

Bitcoin analyst says BTC price peak in $220K to $330K range still possible

Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time. Over $4 billion in BTC has been moved by long-term holders, warning of a price correction. […]

GameStop shares sink 11% after BTC purchase

GameStop shares sink 11% after BTC purchase

Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced the purchase of 4,710 Bitcoin (BTC) valued at roughly $513 […]

Pakistan announces Bitcoin strategic reserve

Pakistan announces Bitcoin strategic reserve

Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory […]

Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Key point: Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time […]

JD Vance urges Bitcoin community to embrace politics

JD Vance urges Bitcoin community to embrace politics

United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics. Vance highlighted the strategic and geopolitical importance of Bitcoin, emphasizing that the US should maintain leadership in the crypto industry to remain competitive in […]

Conduit raises $36M for stablecoin, fiat cross-border payment network

Conduit raises $36M for stablecoin, fiat cross-border payment network

Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins. Conduit markets its payment system as an alternative to the messaging network SWIFT, or […]

BlackRock eyes 10% stake in Circle's IPO

BlackRock eyes 10% stake in Circle's IPO

BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to raise $624 million in its initial public offering Cathie […]

Coinbase data breach 2025: What was stolen and what you need to know

Coinbase data breach 2025: What was stolen and what you need to know

Background of Coinbase’s May 2025 breach Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million.  Before examining the breach, it is interesting to understand how it happened at a public […]

Cork Protocol hacked for $12M, smart contracts paused

Cork Protocol hacked for $12M, smart contracts paused

Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the […]

Bitcoin’s physical infrastructure is the industry’s most overlooked asset

Bitcoin’s physical infrastructure is the industry’s most overlooked asset

Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to […]

Polygon-backed, high-yield blockchain launches for institutional adoption

Polygon-backed, high-yield blockchain launches for institutional adoption

The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch […]

Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes

Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes

Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. BTC/USD continues to drop toward new multiday lows. Bitcoin (BTC) sold off at the May 28 Wall Street open […]

Elderly crypto investors are getting scammed: Teach them these key safety tips

Elderly crypto investors are getting scammed: Teach them these key safety tips

Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology. Let’s understand why seniors are key targets. Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets. Lower tech fluency: Navigating crypto wallets, […]

Elon Musk’s xAI inks $300M deal with Telegram for Grok integration

Elon Musk’s xAI inks $300M deal with Telegram for Grok integration

Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov. Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May […]

SUI price chart hints at 2x rally amid Nasdaq ETF filing

SUI price chart hints at 2x rally amid Nasdaq ETF filing

Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC). Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has reclaimed […]

NFT monthly sales break 2025 downward trend in May: CryptoSlam

NFT monthly sales break 2025 downward trend in May: CryptoSlam

Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025.  Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles.  This follows […]

UK FCA requests public comments on stablecoin, crypto custody regulation

UK FCA requests public comments on stablecoin, crypto custody regulation

The United Kingdom’s Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody. In a May 28 request for comment, the United Kingdom’s financial regulator announced that its regulatory proposals are “the latest milestone on the road to crypto regulation.” The draft rules are based on prior roundtables and […]