Month: May 2025

Bitcoin’s price action over the past 24 hours has been characterized by a decline from $108,850 to $105,000. After tapping an all-time high above $111,000 last week, the cryptocurrency has entered what could be termed as a cooling-off phase. Given the pullback since then, crypto traders are split between...

A single data series is up-ending decades of portfolio theory. On 29 May, André Dragosch, PhD, European head of research at Bitwise, posted a chart showing that the 60-day rolling correlation between Bitcoin and 10-year US Treasury-bond futures has collapsed to its most negative reading on record. Bitcoin Vs....

In a strategic move to accelerate its Bitcoin acquisition goals, Japan-based Metaplanet issued $21 million in interest-free bonds to the Evo Fund on May 29, following a separate $50 million raise the previous day. These zero-coupon bonds, known as the 17th series, come with a $525,000 face value and...

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A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of...

U.S. stocks ended Friday on a mixed note after recovering from early losses, closing out a volatile but strong May.  The S&P 500 finished nearly flat but posted a 6% monthly gain — its best May since 1990. The Dow…...

Media giant Walt Disney Co (NYSE:DIS) has launched a new perks program to reward streaming subscribers — and it involves non-fungible tokens. What Happened: Disney is launching a new perks program for Disney+ subscribers with a perks program for Hulu set to follow later in the summer. Streaming subscribers...

Tornado Cash developer Roman Storm faces a trial in the United States in July, and a federal judge has declined to order the U.S. Department of Justice to review its records related to the case. Judge Katherine Polk Failla, in…...

On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s...

The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken. And there’s a chance this wave of repayments will help lift the crypto...