Month: May 2025

The State of Wisconsin Investment Board (SWIB), one of the first U.S. state pension funds to invest in a spot bitcoin BTC exchange-traded fund, exited its position entirely in the first quarter as the price of the largest cryptocurrency fell about 12%. At end of 2024, the board held...

Ether’s ETH rally, though impressive, leaves much to be desired. That’s because the unwinding of shorts is said to be fueling the rally, not fresh longs or bullish leveraged bets on the Chicago Mercantile Exchange (CME). “The rally is primarily the result of short covering – traders unwinding bearish...

A sharp sell-off in Coinbase (COIN) stock may be an overreaction to two pieces of bad news that hit on the same day, according to analysts at Barclays and Oppenheimer. Shares of the crypto exchange dropped 7.2% on Thursday after it disclosed a social engineering-driven data breach and later...

A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull. A newly-created Eric Trump (ERICTRUMP) memecoin with the token address “jv7d” surpassed $140 million in market...

Ripple’s seemingly tidy settlement with the US Securities and Exchange Commission in the XRP lawsuit has hit a procedural wall. During a late-night X livestream on 15 May, attorney John E. Deaton dissected Judge Analisa Torres’s order refusing to “rubber-stamp” a joint motion that would have lifted the injunction...

Bitcoin (CRYPTO: BTC) treasury companies like Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR) (formerly MicroStrategy) were in focus as Brett Winton, the chief futurist at ARK Investment Management LLC, highlighted that trouble could be brewing for such companies in the long run. What Happened: As companies like MSTR have been issuing...

Immutable’s Robbie Ferguson declared that the Web3 gaming sphere could triple its Daily Active Users (DAU), following an analysis of the modern gaming world. The best new crypto to buy today is one that will rally as a result. Ferguson’s statement included the observation that Player Unknown Battlegrounds’ (PUBG)...

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