Archives par catégorie: Flash News

Bitcoin 'blow-off top' set at $128K with new all-time highs in sight

Bitcoin 'blow-off top' set at $128K with new all-time highs in sight

Key points: Bitcoin tags $108,000 for the first time since the day of its current all-time highs in January. Traders and analysts mention support extending toward $90,000, but the probability of a retest is fading. Near-term upside targets include a “blow-off top” at $128,000. Bitcoin (BTC) spiked to more than $108,000 on May 21, marking […]

Crypto.com secures EU license to launch crypto financial derivatives

Crypto.com secures EU license to launch crypto financial derivatives

Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now […]

South Korea tightens crypto rules ahead of institutional market entry

South Korea tightens crypto rules ahead of institutional market entry

South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges. On May 20, the Financial Services Commission (FSC) of South Korea said during its fourth Virtual Asset Committee meeting that it had […]

SEC’s Peirce says NFT royalties do not make tokens securities

SEC’s Peirce says NFT royalties do not make tokens securities

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many nonfungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws. In a recent speech, Peirce said that NFTs that allow artists to earn resale revenues do not automatically qualify as securities. Unlike stocks, […]

Theta Capital raises $175M to back early-stage blockchain startups

Theta Capital raises $175M to back early-stage blockchain startups

Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms. The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with a track record of backing blockchain innovation, Theta’s managing partner and chief investment officer Ruud Smets […]

Why crypto transfers can fail and what you must check before sending

Why crypto transfers can fail and what you must check before sending

Why crypto transfers can fail and what you must check before sending Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses. What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to call and no easy recourse to reverse […]

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey. KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating a network of Bitcoin-related entities, will both file information statements with the Securities and […]

SEC delays decision on Ether staking and XRP ETFs, as analysts expected

SEC delays decision on Ether staking and XRP ETFs, as analysts expected

The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected. The SEC said on May 20 that it needed to extend its decision on Bitwise’s application by 45 days to “consider the proposed rule […]

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion […]

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted.  Welch said in a May 21 episode of her “Talk Tuah” podcast that the FBI showed up at her grandmother’s […]

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin (BTC) […]

SEC charges Unicoin and executives for alleged $100 million fraud

SEC charges Unicoin and executives for alleged $100 million fraud

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex […]

Justin Sun to attend Trump's dinner with memecoin backers

Justin Sun to attend Trump's dinner with memecoin backers

After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation […]

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about […]

Bancor files patent infringement lawsuit against Uniswap over DEX tech

Bancor files patent infringement lawsuit against Uniswap over DEX tech

Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it. According to the May 20 announcement of the lawsuit, Bancor designed the technology in 2016 and patented it in January 2017. The technology […]

Ethereum price gained 90% the last time this indicator turned bullish

Ethereum price gained 90% the last time this indicator turned bullish

Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]

Coinbase CEO's journey from no 'political causes' to hiring DOGE staff

Coinbase CEO's journey from no 'political causes' to hiring DOGE staff

Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with Republican figures, including members of US President Donald Trump’s inner circle. In a May 13 X post, Armstrong said members of the Department of Government […]

Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially […]

Validation Cloud deploys Web3 AI engine on Hedera

Validation Cloud deploys Web3 AI engine on Hedera

Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way. The Mavrik-1 AI engine has been deployed on Hedera, with several other planned integrations expected during a public rollout later this year, Validation […]