Circle, the USDC stablecoin issuer, has filed to go public under the ticker “CRCL” through an initial public offering on the New York Stock Exchange (NYSE), according to a May 27 announcement. The firm plans to offer 24 million shares of Class A common stock as part of the listing. Circle will directly issue 9.6 […]
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Digital asset investment products attracted $3.3 billion in inflows last week, marking the sixth consecutive week of gains. According to CoinShares‘ latest weekly data, this brings total inflows over the past six weeks to $10.5 billion and year-to-date (YTD) flows to a record $10.8 billion. CoinShares’ head of research, James Butterfill, noted that investor demand has […]
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Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29% […]
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Kraken has introduced perpetual futures contracts for Pi Network’s native token, PI, allowing traders to speculate on its price with up to 20x leverage, according to a May 23 announcement. The listing marks the token’s first appearance on a major derivatives platform. However, it failed to create positive momentum for the token’s price. Based on […]
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Hyperliquid’s native token, HYPE, surged to a new record high following a significant increase in trading activity and open interest on the platform. This momentum mirrors the broader market upswing driven by Bitcoin’s latest price milestone and coincides with Hyperliquid’s public response to regulatory discussions with the US Commodity Futures Trading Commission (CFTC). Hyperliquid’s open […]
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Bitcoin has plummeted over 4% from its recent all-time high of $111,900 toward $107,000 as US President Donald Trump announced potential tariffs on iPhones not made in the USA and EU-imported goods. S&P 500 and oil futures fell over 1.6% and 0.9%, respectively, while gold is up 1.5%. Trump claimed the EU has been “very […]
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Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […]
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Kraken is preparing to roll out a new product that will allow users in select countries outside the US to trade tokenized versions of major American stocks and ETFs 24/7. According to the May 22 announcement, the offering will include names such as Apple, Tesla, and Nvidia, with plans to expand the selection over time. […]
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Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price. […]
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Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can […]
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Bitcoin has climbed to a new record high, surpassing $111,000, as institutional buyers push capital into the crypto market. Data from CryptoSlate shows Bitcoin reached a peak of $111,782 before pulling back slightly to $110,992 as of press time. According to blockchain analytics provider Sentora, the rally places every Bitcoin holder in profit. This development […]
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Bitcoin (BTC) surged to a high of $109,476 in the first two hours of the New York trading session, to break its all-time high of $109,353 set in January. The latest rally into price discovery comes amid strong institutional investments, favorable regulatory developments, and increased market activity in recent weeks. Based on CryptoSlate data, Bitcoin […]
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A crypto whale, James Wynn, has taken a bold stance on Bitcoin by opening a $830 million long position on Hyperliquid, the decentralized derivatives exchange. On May 21, on-chain analyst EmberCN revealed that Wynn initiated a 40x leveraged long position totaling 7,764 BTC (valued at approximately $830 million) at an entry price of $105,033. His […]
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Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a May 20 publication in Argentina’s Official Gazette. Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated […]
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Bitcoin briefly rose to $106,300 early Tuesday before sellers pushed it back under the $106,000 threshold, extending a months-long pattern of rejection just shy of January’s record high. The level has capped every advance in 2025, turning the round figure into an increasingly psychological barrier for bulls. The latest test arrived this weekend after Moody’s […]
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Liquidity in crypto markets continues to lag behind traditional finance due to fragmentation, technical design differences, and exposure to external shocks, according to a new report from S&P Global. The study analyzed key liquidity metrics, volume, bid-ask spreads, market depth, and slippage, across centralized and decentralized trading venues for Bitcoin (BTC), Ethereum (ETH), and major […]
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Solana (SOL) has emerged as the fastest-growing Layer 1 blockchain of 2025, surpassing Ethereum (ETH) in developer growth and gaining ground across DeFi, payments, and AI, according to 21Shares’ latest State of Crypto report. In the first two months of the year alone, Solana processed $364 billion in volume, more than Ethereum and Coinbase, and […]
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XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid […]
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Pi Network’s token is drawing attention after rallying over 110% in just one week, buoyed by a wider crypto market upswing. According to CryptoSlate’s data, the token, which had dropped to a low of $0.40 in April, rebounded strongly to cross the $1 threshold and peaked at $1.53 during the latest rally. This marks the […]
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Ethereum is back in the spotlight after jumping 42% over the past week to trade above $2,500, a level it hasn’t touched since March. This marks one of its most notable breakouts in over a year, signaling renewed investor confidence. On-chain data from Sentora (formerly IntoTheBlock) shows that this rally has pushed more than 60% […]
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Decentralized trading platform Hyperliquid has hit a new high, crossing $6 billion in open interest, according to figures from CoinGlass. The surge came just a day after Hyperliquid reported that open interest volume on its platform reached an all-time high of $5.6 billion. According to CoinGlass data, Bitcoin holds the dominant position on Hyperliquid with […]
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Bitcoin (BTC) reclaimed the $100,000 mark for the first time in over two months, driven by bullish market sentiment, rising institutional adoption, and renewed macroeconomic confidence after President Donald Trump announced a major trade deal with the UK on May 8. Bitcoin hit an intraday high of $101,493, extending a broader rally that has gained […]
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Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with […]
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Bitcoin (BTC) remains in a technically critical zone controlled by short-term holders despite its recovery to nearly $98,000, which has eased financial stress across the network, according to a May 7 report by Glassnode. The report highlighted recent market behavior pointing to improved capital inflows and investor sentiment. Additionally, it warned that the current price […]
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Ripple’s XRP trading volume on top-tier exchanges throughout the first quarter, with average daily volume (ADV) holding nearly $3.2 billion, while XRP Ledger (XRPL) activity decreased. According to a May 5 report by Ripple, the volume trend reflects sustained institutional and retail engagement despite sharp price swings and moderating on-chain activity. Spot market data shows […]
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Kraken started 2025 on a high note, reporting a 19% increase in revenue year-over-year to $472 million for the first quarter. The May 1 earnings statement also highlighted a 1% quarter-over-quarter rise in adjusted EBITDA, reaching $187 million. Meanwhile, the company’s performance indicators showed similar momentum. The firm noted that its total trading volume rose […]
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The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement. If approved, the proposed rule would prohibit US financial institutions from opening or maintaining accounts for Huione Group or any of its subsidiaries. US authorities identified Huione Group as […]
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The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards. […]
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Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that […]
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Two of Wall Street’s most established financial firms, Morgan Stanley and Charles Schwab, are reportedly preparing to offer access to crypto trading. Morgan Stanley reportedly plans to roll out spot crypto trading on its E*Trade platform by 2026. To support this integration, the firm is exploring partnerships with crypto-native companies. While Morgan Stanley already offers […]
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