Month: May 2025

Bitcoin rips all-time high, derivatives traders not as euphoric

Bitcoin rallied past its previous all-time high in the USD and USDT markets on Wednesday and extended gains on Thursday, climbing to a peak of $111,880. Bitcoin’s breakout failed to usher euphoria among traders and the reaction on derivatives traders was muted, relative to previous BTC price rallies....
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SEC Pushes Back Decision On XRP ETFs Again, What’s Going On?

The US Securities and Exchange Commission (SEC) has again delayed its decision on the XRP ETFs, raising discussions on when the Commission could approve these funds. Market expert and Bloomberg analyst James Seyffart has provided insights into when exactly an approval could come for these crypto ETFs.  SEC Pushes...
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Sonic Labs announces GSR as the official market maker for S

Sonic Labs has picked crypto capital markets firm GSR as the official market maker partner for Sonic blockchain’s native token. GSR will help Sonic (S) token gain market traction by delivering deep liquidity and strategic guidance, the Sonic Labs team…...
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Bitcoin Surges Past $111,000, Ethereum, XRP, Dogecoin Hold Gains

Cryptocurrency markets are surging, driven by institutional demand and strong ETF inflows, while retail participation remains muted, a factor that could still fuel further upside. Cryptocurrency Price    Gains +/- Bitcoin (CRYPTO: BTC)  $111,752.97 +4.5% Ethereum (CRYPTO: ETH)  $2,654.73 +7.6% Solana (CRYPTO: SOL)  $178.90 +6.7% XRP (CRYPTO: XRP)  $2.42 +2.9%...
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Synthetix Drops $27M Derive Deal After Community Pushback

Synthetix has called off its proposed $27 million acquisition of crypto options platform Derive. This decision was made after the initiative received strong criticism from both communities involved. Public Backlash The proposed acquisition, first announced in a May 14 blog post, involved a token exchange at a rate of...
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Centrifuge Expands Tokenized RWAs to Solana, Starting With $400M Treasury Fund

Tokenized asset platform Centrifuge said it’s expanding services on the Solana blockchain, starting with the $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY). The expansion builds on Centrifuge’s token standard — dubbed “deRWA tokens” — that allows token holders to freely transfer and use tokenized instruments across...
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