Liquidity shock set to hit crypto market as FTX unleashes 2% of stablecoin supply in $5B creditor payout
FTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market. FTX is set to release over $5 billion in stablecoins to creditors starting today, May 30. This marks…...
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Canary Capital files S-1 for staked Cronos ETF as SEC softens stance on staking
The SEC’s softened stance on staking could pave the way for increased crypto ETF offerings, potentially boosting mainstream crypto adoption. The post Canary Capital files S-1 for staked Cronos ETF as SEC softens stance on staking appeared first on Crypto Briefing....
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Bitcoin (BTC) Benefits from Bullish Bets, Altcoins Punish the Optimists
While the collective crypto market has witnessed significant recovery this month, there is a growing disconnect in risk appetite among market participants. Investors are correctly positioned for Bitcoin’s rally, but similar optimism in the altcoin space has resulted in heavy losses, shows a recent report. Trader Missteps in Altcoins...
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Ethereum Recovers Above $2,600 After Sharp Drop Triggers Heavy Trading
Ethereum price plummeted from 2724.737 to 2569.766, then recovered to 2621.656. Increased market volatility underscored by significant trading volume and bearish activity. A potential for further rise to $3000 supported by institutional interest and network improvements. Technical Analysis Highlights Price opened high at 2724.737 before a sharp decline. ETH/USD...
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Uniswap’s UNI Slides 8% Despite Upgrade Optimism
In the past 24 hours, Uniswap’s native token UNI experienced a marked decline due to volatile market conditions. The price movement from $7.119 to $6.532 indicates substantial downward pressure, amplified by macroeconomic factors like overall market bearish trends and investor sentiment. At the same time, microeconomic elements, including Uniswap’s...
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U.S. Sanctions Funnull for Role in Pig Butchering Scam, Huione-Linked Crypto Wallets
The U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) imposed sanctions on Funnull Technology, a provider of technology for websites allegedly involved in so-called pig butchering scams, and two cryptocurrency wallets said to be linked to Huione Group. Philippines-based Funnull also directly facilitated a scam involving...
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HashKey Group Lists XRP for Institutional Investors in Asia
Hong Kong-based trading platform HashKey Group has announced the listing of XRP XRP for professional investors. The company said in a tweet that spot XRP/USD markets are now live, although the trading pair notched just $4,000 in volume in the first hour after listing. HashKey Group is licensed by...
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Michael Saylor Says Bitcoin Is ‘Engineered To Outperfom’ And ‘Going To Go Faster Than Gold:’ Peter Schiff Says ‘He Still Refuses To Debate…’
Strategy co-founder Michael Saylor took a dig at economist Peter Schiff on Thursday while highlighting Bitcoin’s (CRYPTO: BTC) superiority over all assets, including gold. What Happened: Speaking at the Bitcoin 2025 conference, Saylor said that Bitcoin is “engineered to outperform” all capital assets in the world. “It’s going to grow...
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What Is Iota In a Nutshell (New Rebased Update Explained) 2025
Revisiting IOTA, we uncover its major upgrades in 2025, including new consensus mechanisms, faster transactions, and EVM/MOVE VM compatibility. Discover how IOTA’s innovations could challenge blockchain giants like Solana and shape the future of crypto. Key links for the project: 🚨🚨 Find The Best Airdrops: https://www.airdroplet.com/all-airdrops 🚨🚨 *Key Links*...
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Top Altcoin to Watch in June 2025! (Vechain $VET)
#Bitcoin #Crypto #Vechain 💫 Learn more about Vechains Stargate @ https://x.com/vechainofficial/status/1921933756832641094?s=46&t=RGsPYYXRrzTe2pInoU72CQ 🌱Learn more about VeBetter’s initiative @ https://vebetterdao.org/ 🚀 Join DataDash Pro Today! https://www.datadashpro.com/ 🎁 Limited Offer: The first 50 Pro Members will receive a FREE Welcome Gift Box – Our way of saying thanks for being early! 🔔...
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