Month: May 2025

Major stock indices are down as retailers signaled mixed views on tariffs. Despite this, consumer sentiment is faltering....

Bitcoin dominance is testing a historically significant resistance level within a long-standing bullish channel. A rejection at this level could signal the early stages of a rotation into altcoins — and potentially ignite a mini-alt season. Since November 2022, Bitcoin…...

Hedera Hashgraph token wavered on Tuesday as sentiment in the crypto industry waned. Hedera Hashgraph (HBAR) was trading at $0.1900, down about 15% from its highest level this week and 50% below its high in November last year. Fundamentals suggest…...

A major whale on Hyperliquid (CRYPTO: HYPE) has opened a staggering $703 million long position on Bitcoin (CRYPTO: BTC), reflecting high conviction in the asset’s upside potential. According to HyperDash data, the trader is sitting on over $20 million in unrealized profit at the time of writing, with their...

Riot Platforms, Inc. (NASDAQ:RIOT), a Bitcoin mining company, announced an expanded credit agreement with Coinbase Credit, Inc., a financing subsidiary of Coinbase Global, Inc. (NASDAQ:COIN). Under the revised deal, Riot has increased its existing $100 million credit line to a total of $200 million, doubling its liquidity through the...

The Argentine government has officially disbanded the Unidad de Tareas de Investigación (UTI), a special unit formed to examine President Javier Milei‘s alleged connections to the controversial LIBRA meme coin. What Happened: The move comes after the unit concluded its inquiry and submitted its findings to the public prosecutor’s...

Prediction market platform Kalshi is partnering with Elon Musk’s artificial intelligence startup, xAI, to provide tailored insights for users making bets on real-world events.  The collaboration aims to enhance Kalshi’s event-based derivatives marketplace by integrating xAI’s models, which are trained…...

Crypto infrastructure company Validation Cloud announced Tuesday the debut of Hedera-based AI engine Mavrik-1 that lets users and developers get DeFi market insights by asking queries in plain English. Despite DeFi’s promise in revolutionizing finance, its complexity has long acted as barrier against widespread adoption. For DeFi users, the...

Crypto lender Genesis and its subsidiaries filed two lawsuits against its parent company, Digital Currency Group (DCG), DCG CEO Barry Silbert and other executives, seeking to recover what it called fraudulent transfers of crypto worth billions of dollars. In total, Genesis and its creditors are seeking $3.2 billion across...

Société Générale’s crypto arm, SG Forge, is reportedly preparing to launch a dollar-backed stablecoin on Ethereum, making it the first global banking group to issue a public stablecoin tied to the U.S. dollar. SG Forge’s dollar stablecoin would be publicly accessible on Ethereum, with additional support for Solana to...