XRP is trading at $1.37 as May moves into its final week, having given back the gains from what briefly appeared to be the most promising technical setup of the corrective cycle. The breakout above the 100-day moving average on the USDT chart failed to hold, and a lower high formed on the BTC pair. … Read more
The Russian Federal Tax Service (RFS) has proposed a notable change in the debate over cryptocurrency legislation in Russia. According to reports, the RFS suggested allowing companies to make international payments using cryptocurrencies. Izvestia, a local newspaper, stated that the RFS submitted these recommendations as official comments on the draft crypto law on Wednesday. “[…] … Read more
More than 50% of trading volume on some cryptocurrency protocols involves stolen funds. USD 2.1 billion stolen through crypto hacks so far in 2025. Tron blockchain “Black U” market valued at up to $10 billion. The cryptocurrency industry is confronting a renewed wave of crime driven by the rise of politically backed meme coins and … Read more
After several weeks of modest bitcoin purchases and a few missed opportunities, the world’s largest corporate holder of the asset has returned with a major acquisition. Michael Saylor’s NASDAQ-listed business intelligence company announced it bought 24,869 BTC for approximately $2.01 billion, at an average price just under $81,000 per bitcoin. That purchase increases the company’s … Read more
A new study by CoinGecko finds that buying Bitcoin on U.S. holidays has historically produced stronger short-term returns than purchases made on regular trading days. The analysis reviewed Bitcoin’s forward returns on different calendar days from May 1, 2013, through May 8, 2026, with a focus on single-day gains following a purchase. BTC’s Strongest Next-Day … Read more
DeFi Land is a multi-chain farming simulation game built on Solana that emulates decentralized finance (DeFi). The team has launched a new Play-to-Earn (P2E) farming-focused title that expands the project’s game mechanics and earning opportunities. The latest iteration of DeFi Land is now ranked as the third-largest game by market capitalization, and additional features are … Read more
After losing almost 60% of its value, ZEC—the native token of the privacy-focused network Zcash—is showing signs of recovery. Over the past few days the coin has climbed back above $400, retracing losses from the $300 range as confidence begins to return. The price rebound coincides with the Zcash team announcing an upgrade that addresses … Read more
The cryptocurrency market has shown mixed performance since the start of the week. The broader crypto market continues to display mixed results since the week began. Over the past 24 hours the market has gained less than 1% in value, with total market capitalization still sitting above $1.7 trillion. Bitcoin has struggled to break past … Read more
Tether International has announced that it has acquired SoftBank’s minority stake in the Bitcoin-focused treasury company Twenty One Capital (XXI). Following the closing of the transaction, SoftBank’s representatives stepped down from XXI’s Board of Directors in accordance with the shareholder agreement. Tether Absorbs SoftBank Position In an official blog post, Tether said the transaction “reflects … Read more
Kraken’s operator in Australia, Bit Trade, has been ordered to pay a fine of US$5.1 million for regulatory non-compliance The Australian Securities and Investments Commission accused the crypto platform of offering loans that breached regulations Kraken’s Australian exchange operator, Bit Trade, has been fined A$8 million (approximately US$5.1 million) for failing to comply with Australian … Read more