Institutional interest in blockchain technology continues to rise and the demand for secure, efficient, and compliant staking solutions has become more urgent than ever. In response to this growing market, Cactus Custody, the institutional digital asset custodian under Matrixport, has partnered with staking infrastructure leader Chorus One to offer seamless Ethereum staking via ETH Vaults. …
The journey from hype to reality in DePIN and AI shows that genuine innovation lies in solving real-world problems with practical and efficient solutions, says Bullish Capital Management’s Sylvia To.
The agency had once called for retirement-plan officials to exercise "extreme care" over crypto investments, but it's now withdrawn that elevated concern.
Mezo is built to be a Bitcoin finance platform that enables its users to unlock practical utility in BTC and thus become their own bank
Tether, which once dominanted the European stablecoin market, has been forced to reduce its presence due to MiCA compliance issues.
Key points:Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September.Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says.BTC/USD continues to drop toward new multiday lows.Bitcoin (BTC) sold off at the May 28 Wall Street open as markets continued to price out US interest rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price retreats with Fed rate cut betsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping below $108,000 to challenge multiday lows.Ahead of the minutes of the Federal Reserve’s May meeting, the mood among risk assets was cautious.CME Group’s FedWatch Tool showed decreasing odds of a rate cut — a key tailwind for crypto, stocks and more — before September.Fed target rate probabilities for September FOMC meeting. Source: CME GroupInformal sentiment likewise continued to deteriorate on the day, with prediction service Kalshi seeing just two cuts in 2025, down from four in early April.???? UPDATE: Markets now pricing in just 2 Fed rate cuts in 2025, down from 4 earlier this year, as uncertainty builds ahead of today’s Fed minutes. pic.twitter.com/vAYLJGJjwF— Cointelegraph (@Cointelegraph) May 28, 2025In its latest analysis, trading resource The Kobeissi Letter nonetheless revealed a potential silver lining. Consumer sentiment over the labor market, it reported, was flashing classic signs of a forthcoming unemployment spike — something which could force the Fed to bring rate cuts forward.“The assessment of current job availability has also decreased over the last 3 years. In previous economic cycles, this metric has been a leading indicator for unemployment,” it told X followers.“This indicator clearly suggests a further increase in the unemployment rate in the coming months. The labor market continues to show signs of weakness.”Consumer labor market sentiment data. Source: The Kobeissi Letter/XRisk assets lack volatility triggerBTC price action meanwhile cut through bid liquidity on its way down, something which popular trader TheKingfisher previously warned could form a “trigger” for further losses if broken.Related: Bitcoin whales keep buying as BTC price dip targets include $94K“However, the more striking feature is the massive wall of short liquidations immediately above, starting from $108900 and extending significantly upwards, particularly around $109000-$109200+,” he acknowledged.“This creates a substantial imbalance biased towards short liquidations.”BTC liquidation heatmap. Source: CoinGlassWith BTC/USD rangebound since its $112,000 all-time highs, macro analysis from trading firm QCP Capital ultimately suggested little chance of a price breakout without a suitable catalyst.“Volatility across most asset classes continues to drift lower, as markets enter a lull amid a dearth of meaningful news flow and macroeconomic data,” it wrote in its latest bulletin to Telegram channel subscribers on the day. “The news cycle remains relentless, yet markets appear increasingly inured to negative developments, brushing off headlines that might once have sparked more significant reactions.”VIX S&P 500 volatility 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Dogecoin is currently trading around critical levels, consolidating just below the key $0.25 resistance zone. After a period of relative calm, momentum is beginning to build as bullish sentiment returns to the altcoin market. With Bitcoin holding near all-time highs and Ethereum pushing higher, analysts are calling for the start of a long-awaited altseason—and Dogecoin is showing early signs of participation. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally Price action has remained constructive, with DOGE defending higher lows and gradually tightening within a key range. Now, traders are closely watching for a breakout above the $0.25 level, which could unlock the next phase of upside. Adding to the optimism, top analyst Ali Martinez shared a technical signal worth noting: the TD Sequential indicator has flashed a buy signal on Dogecoin’s hourly chart. Historically, this pattern has preceded short-term rebounds and local trend reversals, especially when confirmed near key support zones. As sentiment improves and capital begins rotating into high-beta altcoins, Dogecoin appears well-positioned for a potential move. If bulls can push through resistance and validate the TD signal with follow-through volume, DOGE may quickly retest higher levels last seen during early-year surges. The coming sessions could be pivotal. Dogecoin Consolidates As Buy Signal Hints At Incoming Breakout Dogecoin is showing signs of renewed strength, consolidating within a key range between $0.21 and $0.25. After a powerful surge of over 90% since early April, DOGE has cooled off slightly, but remains firmly within bullish territory. The recent price action has been marked by steadily higher lows and a tightening range structure, suggesting that the asset is gearing up for its next major move. The $0.25 resistance remains a critical level to watch. A confirmed breakout above this zone could open the door to a more aggressive rally and shift market sentiment decisively in favor of the bulls. However, momentum has slowed in recent days, and global macroeconomic uncertainty—particularly surrounding inflation and interest rate expectations—continues to weigh on risk assets across the board. Despite these challenges, optimism persists. Martinez recently pointed to a TD Sequential buy signal that has appeared on the 1-hour chart for Dogecoin. This indicator, known for predicting trend reversals and short-term impulses, tends to be particularly effective when it flashes during consolidation phases like the current one. If confirmed, the signal could provide the spark needed to push DOGE back toward the $0.25 resistance—and potentially beyond. For now, bulls must continue to defend the $0.21 support level while looking for momentum to build above the current range. If broader market conditions remain favorable and DOGE can reclaim $0.25 with volume, a new leg higher may follow. Until then, the setup remains constructive, with strong technical support and early signals pointing toward a possible breakout. Related Reading: Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure? DOGE Consolidates Below Resistance Dogecoin (DOGE) is currently trading at $0.222, consolidating after a strong rally in early May. The chart shows price holding within a tight range between $0.21 and $0.25, with the $0.25 level acting as strong resistance. Despite recent pullbacks, DOGE continues to trade above its key moving averages, signaling that bullish structure remains intact in the short term. The 34 EMA (green) at $0.2112 is providing dynamic support, while the 50 SMA (blue) at $0.1929 reinforces a solid base just below. The 200 SMA (red), currently at $0.2714, is the next significant resistance if DOGE breaks out above $0.25. Volume has decreased slightly during this consolidation, a typical sign of a market pausing before a potential breakout or breakdown. The lack of aggressive selling pressure suggests that bulls are still in control, but need renewed momentum to challenge and reclaim the $0.25 level. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? A clean break and close above $0.25 would likely confirm the continuation of the bullish trend, potentially targeting the $0.28–$0.30 range. However, failure to hold above $0.21 could open the door for a retest of deeper support near the 100 SMA. For now, DOGE remains in a constructive holding pattern. Featured image from Dall-E, chart from TradingView
Opinion by: Scott Buchanan, chief operating officer of Bitcoin DepotA new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to show. Without physical access points, crypto risks becoming an exclusive, insiders-only system, rather than the open alternative it sets out to be.Everyone loves to talk about decentralization. There’s a good reason behind this. It defines the movement, shapes the technology, and supports the vision of a better financial system. While the industry focuses on code and algorithms, it lacks something basic. A decentralized system that exists only online is not genuinely decentralized.Physical infrastructure is the missing linkBitcoin’s physical infrastructure is the missing link. Without tools like ATMs, kiosks and access points at traditional retail locations, crypto remains out of reach for millions. Decentralization is not just about removing intermediaries. True decentralization requires expanding access. Without real-world touchpoints, even the most advanced network becomes limited to a closed circle of insiders.Recent: Arizona governor kills two crypto bills, cracks down on Bitcoin ATMsFor crypto to become mainstream, it must be easy to reach digitally and physically. That means showing up in places people already go and seamlessly integrating into people’s lives. Many groups in the American population still rely on cash or don’t have access to traditional banks. According to the latest Federal Deposit Insurance Corporation report, around 5.6 million American households don’t have a bank or savings account. Bitcoin ATMs give these users access without needing an app, a bank account or a crash course in blockchain. Most crypto tools today assume a level of financial fluency and infrastructure that millions simply do not have. The result is a digital-only ecosystem that locks out newcomers and widens the divide between early adopters and everyone else.User-friendly screen in the right placePhysical infrastructure helps address this issue. A Bitcoin ATM in a grocery store or gas station is not just a convenience but a bridge to financial inclusion. It is an invitation to someone who has never bought crypto, telling them they can participate. No bank, no broker, just a user-friendly screen in a familiar place.These machines also generate new economic activity. Local businesses benefit from increased foot traffic as the kiosks create passive revenue. For many communities, they provide access to a parallel financial system that was previously out of reach. This is a tangible example of crypto’s real-world utility. It is already happening, and it is measurable.The crypto industry’s blind spotThe industry often treats physical infrastructure like an afterthought. The obsession with building new digital solutions has created a blind spot. Innovation without usability builds systems that serve the few but exclude the many. If someone can buy Bitcoin (BTC) at the same place they buy their morning coffee, that is when crypto stops feeling like an obscure digital asset and starts becoming part of everyday life.As governments increase regulation, trusted and transparent interfaces will become more important. When operated within regulatory frameworks, Bitcoin ATMs offer a way to provide access between traditional finance and digital assets. They are familiar, easy to monitor and offer a more approachable entry point for the general public.Like any financial tool, Bitcoin ATMs have drawn scrutiny, particularly in cases where bad actors use them. Rather than dismissing the machines themselves, we should focus on investing in better oversight, stronger consumer education and smarter regulation. The overwhelming majority of people who use Bitcoin ATMs do so for legitimate reasons: to send remittances, to move money securely or to access digital assets without traditional banking barriers. Building trust does not mean avoiding or dismantling physical access, but improving it.The first time someone uses Bitcoin should not involve reading a white paper or navigating a tutorial. It should be as familiar as using an ATM or tapping a payment terminal. This is not an argument against innovation. Software and protocols will continue to evolve and play an important role. Physical infrastructure provides something those tools cannot: trust through presence. When people can see and use crypto in their neighborhood, at a store they already visit or in a format they already understand, it changes how they think about crypto and who it is for. According to Coin ATM Radar, there are over 30,000 Bitcoin ATMs in the US. It’s a meaningful start, but still only a small step toward widespread access. Crypto’s long-term success will depend not just on innovation but also on inclusion. That means building more than networks; it means building presence. When people can interact with crypto in the physical world, it stops being abstract and becomes usable. That is how digital finance becomes everyday finance.Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users.The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June.The new blockchain will enable users to earn higher yields and explore DeFi in a “unique, optimized yield environment” that unlocks latent value through an ecosystem that makes every digital asset “work harder,” according to an announcement shared with Cointelegraph.“DeFi users deserve ecosystems that prioritize sustainable liquidity and consistent ‘real’ yields,” wrote Marc Boiron, the CEO of Polygon Labs and core contributor at Katana, adding: “Katana’s user-centric model turns inefficiencies into advantages, establishing a truly positive-sum environment for builders and participants alike."Source: KatanaKatana aims to solve the crypto industry’s liquidity fragmentation issue, which can cause significant price slippage, as one of the main barriers limiting institutional DeFi participationRelated: Here’s how abstraction minimizes fragmentation in DeFi, making it more fluidTo reduce the value slippage in DeFi, Katana’s blockchain concentrates the liquidity from numerous protocols and collects yields on all potential sources to create an ecosystem with deeper liquidity and more predictable lending and borrowing rates.2025 Institutional Investor Digital Assets Survey. Source: EY-ParthenonInstitutional participation in DeFi is set to triple over the next two years to 75% from 24% of 350 surveyed institutional investors, according to management consulting firm EY-Parthenon.To tackle the growing institutional liquidity needs, Katana’s liquidity pool is composed of multiple protocols, including lending protocol Morpho, decentralized exchange (DEX) Sushi and perpetual DEX Vertex, enabling users to trade “blue-chip assets” without needing crosschain transfers.Katana has also incorporated Conduit’s sequences and Chainlink’s decentralized oracle network.Related: Polygon CEO: DeFi must ditch hype for sustainable liquidityKatana to compound DeFi yield from “Ethereum-based opportunities”Katana aims to boost sustainable yield by building a cohesive DeFi ecosystem. For instance, VaultBridge deploys bridged assets into overcollateralized, curated lending strategies on Ethereum via Mopho to earn yield, which is routed back and compounded on Katana.The protocol will reinvest network fees and a portion of application revenue back into its ecosystem.“This reduces reliance on short-term incentives, generates consistent yield, and as it grows, acts as an increasingly stable backstop during periods of volatility and liquidity shocks,” Polygon Labs’ Boiron told Cointelegraph, adding:“Yield is distributed pro-rata to each chain using VaultBridge protocol based on their share of total deposits into VaultBridge.”“So if Katana supplies 20% of the total vault deposits, it receives 20% of the yield back,” he added.Katana will subsequently allocate its share of yield to users through boosted DeFi incentives across “core apps” such as Sushi, Morpho or Vertex. The yield is generated from “Ethereum-based opportunities and then enhanced through Katana’s core applications,” said Boiron.Polygon Labs’ CEO previously criticized DeFi protocols for fueling a cycle of “mercenary capital” by offering sky-high annual percentage yields (APYs) through token emissions. Beyond infrastructure-related limitations, regulatory uncertainty remains another significant barrier to institutional DeFi adoption.2025 Institutional Investor Digital Assets Survey. Source: EY-ParthenonRegulatory concerns were the main barrier to entry, flagged by 57% of institutional investors as the main reason for not planning to participate in DeFi activities.Magazine: DeFi will rise again after memecoins die down: Sasha Ivanov, X Hall of Flame
Despite BTC trading at all-time highs as of the time of writing, open interest (OI) paints a more nuanced picture.
The team plans to invest upwards of $500,000 in around 30 early-stage startups involved in tokenization, stablecoins, and infrastructure.
A number of indicators suggested the bull market has more room to run, said NYDIG.
The XRP price has surged by more than 40% since early April lows to trade at $2.29 on May 28th. But the price remains over 30% below its$3.40 Q1 2025’s peak, and moving broadly sideways for over a week. Also, network activity declining persistently from late 2024’s high highlights investors’ confidence declining, and raises strong …
Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology.Let’s understand why seniors are key targets.Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets.Lower tech fluency: Navigating crypto wallets, private keys and blockchain concepts can be intimidating, something scammers exploit.Embarrassment prevents reporting: Victims often feel ashamed, making them less likely to report the crime.Crypto is irreversible: Once funds are sent via Bitcoin or another cryptocurrency, there’s no reversing the transaction. That’s a dream scenario for scammers.According to the Federal Trade Commission (FTC), seniors report growing losses linked to cryptocurrency investment fraud, romance scams and government impersonation. In South Carolina’s Beaufort County alone, seniors reported over $3.1 million in crypto scam losses in 2024.And these scams are becoming more sophisticated. AI tools can now clone voices, spoof caller IDs and create fake websites that mimic legitimate exchanges or financial institutions to steal from unsuspecting seniors. Examples of crypto scams targeting older adults From crypto romance fraud in Cambodia targeting British pensioners to ATM scams in Minnesota and impersonation schemes across the US, scammers have stolen millions by preying on older adults’ trust and unfamiliarity with digital assets.1. Cambodian scam compounds exploiting British pensionersIn Bavet, Cambodia, scam compounds operated by networks linked to the Chinese mafia have been uncovered. These operations enslave trafficked workers, forcing them to participate in romance and cryptocurrency fraud. British pensioners have been prime targets, suffering significant losses.. One victim from the West Midlands lost over 250,000 British pounds ($340,000). These scams often employ “pig-butchering” tactics, cultivating trust online before executing large-scale financial fraud.2. Crypto ATM scams in MinnesotaIn Minnesota, over 5,500 incidents involving cryptocurrency kiosks led to losses exceeding $189 million in 2023. Seniors were the most vulnerable victims, accounting for nearly two-thirds of the stolen funds. Scammers often direct victims to transfer funds using QR codes tied to fraudulent accounts. Cities like Stillwater have implemented bans on crypto ATMs to protect residents.3. Romance scam targeting a disabled woman in the UKLisa Nock, a 44-year-old woman from Staffordshire with autism and mobility issues, fell victim to a romance scam after being targeted on Instagram by someone impersonating Australian TV vet Dr. Chris Brown. Over 18 months, the scammer manipulated her into transferring £11,000 in cryptocurrency, claiming the funds were for flights, visas and hiring a substitute vet. Lisa eventually realized the deceit and reported the fraud to authorities.4. Government or bank impersonators demanding crypto paymentsScammers may impersonate the IRS, Social Security Administration, Medicare or local law enforcement. Their script is simple: You’re in legal trouble or owe back taxes, and the only way to avoid arrest or penalties is to pay in Bitcoin.This tactic has been used across the US. In South Carolina, a retired healthcare worker named Marianne was told she missed jury duty and owed $7,500. Following fake sheriff’s instructions, she fed the cash into a Coinstar crypto ATM, which instantly converted her money to Bitcoin and sent it straight to scammers.5. Ohio woman loses life savings in cryptocurrency investment scam An Ohio woman lost her life savings in a cryptocurrency investment scam that defrauded victims of about $4.9 million. The scheme involved 33 identified victims nationwide, with five more accounts under FBI investigation.Did you know? A $243 million Bitcoin heist involving a fake Google call spiraled into a real-world kidnapping plot straight out of a Netflix thriller. 7 Key safety tips every elderly crypto investor should know Elderly investors should follow key safety steps like never sending crypto to strangers, verifying suspicious contacts, enabling two-factor authentication, avoiding public WiFi and discussing large transactions with trusted family before acting.Here are the key safety tips every elderly crypto investor should be aware of:Never send crypto to strangers: If someone you’ve never met in person asks for Bitcoin or other cryptocurrencies, it’s almost certainly a scam. This includes social media, messages on Facebook, emails from supposed tech support or even someone you’ve been chatting with on a dating site. No legitimate person or organization will randomly ask for crypto. If you’re being told, “Send me $500 and I’ll send back $1,000,” you’re being conned. Always assume unsolicited crypto requests are fraudulent.Double-check all contacts: If you get a call, email, or text from a bank, the IRS or even a family member in crisis, don’t respond immediately. Call the official number on your bank card or government website to verify.Use trusted wallets and exchanges only: Stick to platforms with strong security and regulation like Coinbase, Kraken and Binance.US. Avoid apps from unknown websites or links in emails.Watch for pressure tactics: Scammers thrive on urgency; you only have two hours to pay; act now to claim your prize. Real financial institutions do not use this kind of pressure.Set up two-factor authentication (2FA): All crypto wallets and exchange accounts should have 2FA enabled. This adds a second layer of protection even if a password is stolen.Avoid public WiFi for crypto transactions: Never send crypto or log in to financial apps over public WiFi at coffee shops, airports or hotels. These networks are often unsecured and can be intercepted by hackers. Use your home WiFi or mobile data instead, and ensure your device has up-to-date antivirus protection.Talk to family before big transactions: Before sending large amounts of crypto or any money, have a quick conversation with someone you trust. Scammers often isolate victims and make them feel they must act alone. Encourage seniors to adopt a simple rule: If it’s more than $100, talk to someone first. A five-minute phone call could prevent a five-figure mistake. Think grandma got scammed? Here’s what to do immediately If you’ve been scammed, act fast: Report it to the crypto exchange (they might freeze the funds), file a fraud report with the FTC or Chainabuse and contact elder support services for guidance and protection.1. Report the scam to the exchangeIf the funds were sent through Coinbase, Binance or another exchange, contact them right away. Some may be able to freeze accounts if action is taken quickly.2. File a report with law enforcement and the FTCCall your local police department.Report fraud to the FTC at ReportFraud.ftc.gov.You can also report crypto fraud at Chainabuse.com, a trusted crypto crime reporting platform.3. Contact elder support resourcesElderCare Locator (USA): Connects older adults and families to local services, including Adult Protective Services for financial exploitation cases.Action Fraud (UK): The UK’s national fraud reporting center for scams, including those involving crypto.Scamwatch, ACCC (Australia): Provides scam alerts and allows reporting of cryptocurrency and financial scams affecting seniors.Canadian Anti-Fraud Centre (Canada): A national agency for reporting and tracking fraud, including crypto scams targeting older adults.National Council on Aging – NCOA (US): Offers educational resources and scam prevention tools for seniors and caregivers.Age UK (UK): Provides advice and support for older people facing financial abuse, including online and crypto scams.Did you know? Hackers have been caught selling counterfeit smartphones infected with the Triada Trojan, malware that steals crypto and sensitive data by deeply embedding itself in the device’s system. Is crypto safe for seniors? Yes, but only with proper education and safeguards. Cryptocurrency can be empowering, offering independence and investment opportunities. However, seniors can become easy targets without a strong awareness of the risks.Scammers increasingly target seniors through sophisticated tactics like fake investment platforms, romance scams and impersonation of government or tech support personnel. These schemes often involve urgent demands, emotional manipulation or unfamiliar technologies like crypto ATMs.To minimize risk, seniors should be educated on the basics of cryptocurrency, recognize common fraud tactics, use reputable platforms and involve trusted family or advisers before making transactions. Awareness and vigilance are essential to protect both assets and peace of mind in the digital age.As crypto continues to go mainstream, scammers are adapting fast. Don’t let your loved ones get rug-pulled or emotionally manipulated into losing everything. Share these tips. Stay involved. And when in doubt, always verify before sending funds.
Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi and Morpho.
The wealthy New York City suburb will migrate 370,000 property deeds — representing about $240 billion worth of real estate — onto an immutable, searchable blockchain ledger.
The trading platform now offers 15 tokens in the U.S., expanding access as it settles into life as a public company.
"We need to have a BitBond, and I am going to push and fight to get a BitBond in New York," Mayor Adam said.
Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.It set a new all-time high of $111,970 on May 22 and has been trading near that level since, teasing investors with the possibility of a new ceiling.Here are some of the boldest Bitcoin price predictions from the first half of 2025 (so far).Bitcoin has stormed back since dropping to 2025 lows of $76,300 in April. Source: CoinGecko1. Adam Back says Bitcoin tops $1 million if US jumps inBlockstream CEO Adam Back said in November that Bitcoin could break $1 million “this cycle” if the US follows through with plans to establish a Strategic Bitcoin Reserve. In March, the White House did just that, though it has yet to be codified into law by Congress. The Bitcoin Reserve Act treats the world’s first blockchain-based cryptocurrency as a digital gold-style reserve asset, using coins seized from criminal cases.Back says the $1 million prediction is the minimum target if the stars align. Source: Adam BackUS states have started laying the groundwork. New Hampshire broke the ice on May 6 by signing a Bitcoin reserve bill into law. Later in the month, Texas lawmakers advanced a bill to establish a strategic cryptocurrency reserve, backed by Governor Greg Abbott.Speaking with Cointelegraph Magazine, Back gave a 2025 price target of “a few hundred thousand” dollars, citing renewed retail demand once roughly $16 billion in FTX bankruptcy repayments re-enter the market. He added that he is confident many of those investors will cycle back into the crypto market to fuel the next big rally.2. Smart money agrees on Bitcoin’s year-end targetSeveral analysts have set $200,000 as their target for Bitcoin in 2025. Geoff Kendrick, global head of digital assets at Standard Chartered, has been one of the leading voices.Kendrick said in an email note seen by Cointelegraph that Bitcoin is expected to hit $120,000 in the first half of 2025 en route to $200,000 by year-end, fueled by the rise of stablecoins.Related: A Bitcoiner’s guide to South Africa’s Garden Route“The US Senate… voted 66-32 to advance the GENIUS Act,” Kendrick wrote in the email note. “The point of the stablecoin Act is that stablecoins will further legitimise the whole asset class. All boats will rise.”Standard Chartered is closely watching the growth of stablecoins as a potential catalyst for Bitcoin’s price rise. Source: Standard Chartered ResearchDuring a recent Chain Reaction X Spaces show hosted by Cointelegraph, other analysts weighed in with their 2025 outlooks. André Dragosch, head of European research at Bitwise, agreed with Kendrick’s $200,000 year-end target. Markus Thielen added that Bitcoin has historically moved in $16,000 price increments, placing its next key resistance around $122,000.Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, also recently set his year-end target at $200,000 in a media interview.3. Novogratz eyes Bitcoin’s next price discovery rangeFormer Goldman Sachs partner and Galaxy Digital founder Mike Novogratz remains one of the most prominent Bitcoin bulls in finance.Novogratz built a personal fortune through early investments in Bitcoin and Ether (ETH), though he also famously backed the failed algorithmic stablecoin project that led to the multibillion-dollar collapse of the Terra ecosystem.Related: Coinbase in S&P 500: More crypto firms to come?Following Galaxy Digital’s recent public listing, Novogratz appeared on CNBC to share his latest Bitcoin outlook. Compared to other bullish forecasts, he offered a relatively modest target ranging from $130,000 to $150,000, citing strong institutional flows, a weaker dollar and growing demand for digital assets as key drivers.Novogratz presents Bitcoin’s short-term price targets following Galaxy Digital’s May 16 public listing. Source: CNBC“We had a euphoric top right around the inauguration,” Novogratz said. “Now, it looks like we’ll take out [$106,000-$108,000] and make the next flight to [$130,000-$150,000] and at that point you’re in price discovery.”4. Cathie Wood’s $1.5-million Bitcoin targetCathie Wood, CEO and chief investment officer of ARK Invest, set her bull case forecast for Bitcoin at $1.5 million by 2030, which would require a compound annual growth rate of 58% over the next five years. In a YouTube video published in February, she cited rising institutional interest as the key driver. Wood and ARK Invest are known for placing high-conviction bets on disruptive technologies, including early investments in Tesla and Bitcoin.Wood also highlights stablecoins as a key player in rising blockchain-based economies. Source: ARK InvestRobert Kiyosaki, author of Rich Dad Poor Dad, gave another seven-figure call, but over a longer timeline than Wood.In an April 18 X post, he said that Bitcoin will have broken $1 million by 2035, alongside gold at $30,000 and silver at $3,000 per coin.Kiyosaki’s 2025 prediction sits at $250,000 per Bitcoin. Source: Robert Kiyosaki5. Bitcoin to $250,000 by year-end if the Fed pivots to QEBitMEX co-founder Arthur Hayes said Bitcoin could soar to $250,000 in 2025 if the US Federal Reserve resumes quantitative easing (QE). Writing in April, Hayes argued that Bitcoin is driven by expectations of fiat supply growth, and the Fed’s shift from quantitative tightening (QT) to easing would trigger a major rally.The DXY US dollar index is down 8.20% year to date. Source: TradingView“If my analysis of the Fed’s major pivot from QT to QE for treasuries is correct, then Bitcoin hit a local low of $76,500 last month, and now we begin the ascent to $250,000 by year-end,” he wrote.Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
Telegram is no longer just a privacy-first chat app for crypto bros. With a dramatic one-two punch, a $300 million alliance with Elon Musk’s xAI and a $1.5 billion high-yield bond raise, Telegram has moved from insurgent platform to profit engine. TON jumped 15% after Durov confirmed the collaboration. Yet its future, including IPO prospects, […]
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The United Kingdom’s Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody.In a May 28 request for comment, the United Kingdom’s financial regulator announced that its regulatory proposals are “the latest milestone on the road to crypto regulation.” The draft rules are based on prior roundtables and industry feedback. David Geale, executive director of payments and digital finance at the FCA, said the agency aims to support innovation while ensuring market trust:“At the FCA, we have long supported innovation that benefits consumers and markets. At present, crypto is largely unregulated in the UK. We want to strike a balance in support of a sector that enables innovation and is underpinned by market integrity and trust.”The FCA also noted it will work with the UK’s central bank to regulate stablecoins. Bank of England Deputy Governor Sarah Breeden said, “For those stablecoins that expect to operate at systemic scale, the Bank of England will publish a complementary consultation paper later this year.”Related: UK outpaces global crypto ownership growth in 2025: Gemini reportEnsuring stablecoins remain stableThe FCA said that its rules “aim to ensure regulated stablecoins maintain their value.” The regulator said customers must be clearly informed about how the backing assets are managed. It also recommended that stablecoin issuers appoint independent third-party custodians to hold reserve assets:“We propose to require issuers to provide holders with the right to redeem qualifying stablecoins at par value with the reference currency, irrespective of the value of the backing assets portfolio, with a payment order placed to an account in the name of the holder at the latest by the end of the business day following receipt of a valid request.“Breeden added that the FCA’s proposals are part of a broader effort to build the UK’s stablecoin regime.Related: UK to require crypto firms to report every customer transactionCrypto custody rules incomingThe FCA’s proposals also introduce new requirements for firms providing crypto custody services, as outlined in a separate discussion paper. The rules are designed to ensure that user assets are secure and can be accessed at any time:“The FCA's proposals would require firms providing crypto custody services, who have responsibility for keeping consumers’ crypto safe, to ensure they are effectively secured and can be easily accessed at any time.“Proposed measures also aim to reduce both the likelihood and impact of crypto firms failing, both in the crypto custody and stablecoin sectors. The ongoing efforts also follow the recent revelation by UK Chancellor of the Exchequer Rachel Reeves of plans for a “comprehensive regulatory regime” aimed at making the country a crypto leader.Magazine: UK’s Orwellian AI murder prediction system, will AI take your job? AI Eye
Investors betting on XRP reaching $8 before year’s end may want to take a step back, according to a well-known commentator in the community. Related Reading: Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO XRP analyst Xena asks whether a jump from around $2.31 to $8 is really a big win for a token that many have seen as having much more upside. It’s a reminder that what looks like solid progress might still leave everyday holders waiting for a true breakthrough. Xena Questions $8 As A True Milestone According to Xena, topping $8 would be a solid move, but it falls short of the “life-changing” levels some have talked about for over five years. She points out that other tokens, like Solana and Quant, went from under $1 to double- or triple-digit prices in a few months. XRP has yet to pull off that kind of leap. She asks, “What would be so special about XRP if $8 is what they expect?” Now people get excited by $8 XRP this year. I’m sure the bear is secretly laughing and thinking “only?”. No doubt $8 is better than $2, I don’t question that. But having those influencers being bullish about XRP for years, now getting excited by $8 is laughable. How many… pic.twitter.com/U4MsVaInaw — Xena XRP (@XenaXrp) May 26, 2025 Potential Gains For Big Holders Based on reports, XRP is trading at $2.31, down 1.1% over the last 24 hours and more than 45% below its all-time high. A rise to $8 would mean around 240% gain. That’s nothing to sneeze at. A $60,000 stake could grow to over $206,000. And someone holding $300,000 worth today could pass the $1 million mark. Those are big numbers for those who can afford big bets. Small Wallets Spot Smaller Wins On the flip side, retail investors with smaller holdings would see less dramatic gains. Over 5 million XRP wallets hold about $1,000 worth of the token. At $8 per XRP, those portfolios would climb to roughly $4,000. It’s a welcome return. But it’s not going to buy a new home or wipe out student debt. For many, it’s just a solid profit. Lofty Dreams Of $1,000 Prices Some in the XRP Army have set their sights much higher. They imagine XRP at $1,000. In that case, a $1,000 investment now would be worth around $500,000. According to Matthew Brienen, an executive at CryptoGuard, hitting those levels could take a decade or more. That timeline keeps a true moonshot firmly in the realm of long-term hopes. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? A key point in Xena’s take is how influencers shape expectations. She says many YouTubers and content creators have built six-figure XRP bags and cash flows through community support. Those personalities might push an $8 target because it sounds exciting—yet it’s not life-altering for their own stakes. Meanwhile, everyday holders who bought and held through legal battles still wait for a move that really changes their financial picture. Featured image from Gemini, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cork Protocol has paused all markets as a precaution.
Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025. Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles. This follows a five-month decline in sales since volume peaked at over $900 million in December 2024. May also had the highest number of transactions in 2025, reaching 5.5 million, according to CryptoSlam. The sales uptick may be attributed to the divergence between unique NFT buyers and NFT sellers. NFT buyers continued to increase in May, while sellers declined. Chart compiled by Cointelegraph to demonstrate CryptoSlam data on NFT monthly sales. Source: CointelegraphNFT sellers dwindle, while buyers increaseMay showed a significant jump in unique buyers. The number of users buying NFTs rose by 50% to over 936,000 in May, up from around 622,000 in April.May’s figures are the largest buyer count since October 2024, hinting at growing investor participation during the month. While buyers increased, the number of unique sellers continued to decline. In May, NFT sellers fell to around 284,600, the lowest amount recorded on the CryptoSlam platform since April 2021. The divergence between the growing buyer interest and shrinking seller activity could set the stage for more competitive bidding, which may lead to higher valuations. Chart compiled by Cointelegraph to demonstrate CryptoSlam data on NFT buyers and sellers. Source: Cointelegraph Related: Alchemy acquires no-code NFT launchpad HeyMint for undisclosed amountNFTs set for a comeback in 2025CryptoSlam strategist Yehudah Petscher said that the market is poised for a rebound, but with a more tempered outlook than its previous highs. “The NFT market will see a bounce back this year, probably just after BTC sees its top of the cycle,” Petscher told Cointelegraph, suggesting that the momentum in digital collectibles will follow broader crypto market trends. Despite the bullish sentiment, the strategist told Cointelegraph that the NFT comeback might not be similar to the space’s 2021 or 2022 peak. “Don’t expect a repeat of the 21/22 euphoria that we saw in NFTs,” Petscher said. Meanwhile, DappRadar analyst Sara Gherghelas said in a May 27 report that the sector needs new catalysts to fully rebound. The analyst said real-world assets (RWAs) linking with NFTs could reignite the lending sector of digital collectibles. RWA NFTs also showed potential earlier this year. In April, digital collections in the RWA marketplace Courtyard drove Polygon-based NFT sales to $22.3 million. This allowed the blockchain to surpass Ethereum in weekly sales.Magazine: Pranksy: Inside the anonymous life of an NFT legend — NFT Collecto
U.S. Vice President J.D. Vance urged action on digital asset regulation, warning that inaction could send trillions offshore.
In a world where symbols often speak louder than words, a recent post by Ripple CEO Brad Garlinghouse praising the “Skull of Satoshi” has sparked an unexpected reaction. While Ripple’s gesture of donating the Skull of Satoshi to the Bitcoin community seemed like a peace offering, analyst Ashley PROSPER saw something darker. Her response hints …
Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC).Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has reclaimed the “Gooner EMA” as support on the weekly chart.SUI/USDT weekly price chart. Source: NebraskanGooner/TradingViewGooner EMA is a technical indicator created by trader NebraskanGooner that uses the 11- and 22-period exponential moving averages (EMA). When the price crosses above the EMA range, it often leads to further gains. When the price closes below the EMA range, it tends to follow deeper losses. SUI lost this support, roughly between $3.34 and $3.59, last week after a $200 million exploit hit Cetus, a decentralized exchange built on the Sui blockchain.Related: Sui validators vote on $162M Cetus recovery plan to restore user fundsNow that SUI has reclaimed the zone, bullish sentiment is returning, according to NebraskanGooner.He wrote:“As long as it can hold Gooner EMA support, it can retest ATHs. Depending on market conditions — it even has a chance for a new ATH.”SUI’s current record high is around $5.36, roughly 40% above the current prices. Fibonacci retracement levels and SUI’s prevailing ascending channel setup project $7.56 as the new record-high target, up over 100% from the current levels.SUI/USD daily price chart. Source: TradingViewNasdaq files for SUI ETFNebraskanGooner’s bullish outlook for SUI appears almost a week after Nasdaq’s SUI ETF application with the US Securities and Exchange Commission (SEC). 21Shares already offers a Sui exchange-traded product (ETP) in Europe, listed on both Euronext Paris and Euronext Amsterdam. Since its launch in July last year, SUI’s price has surged by over 350%.SUI/USDT three-day price chart. Source: TradingViewThese listings have also helped boost total assets under management (AUM) in SUI-based ETPs to $317.2 million, according to a May 26 report from CoinShares. Between May 16 and May 24 alone, SUI products attracted $2.9 million in inflows, ranking just behind Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP) in terms of net assets.The regulatory approval for Nasdaq’s SUI ETF remains uncertain, akin to most crypto ETF applications.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Toncoin rallies after former Visa executive joins TON Foundation, triggering a surge in volume and renewed market optimism.
Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov.Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May 28.As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted.“Together, we win,” Durov said in the statement on X.Grok integration begins with TelegramAccording to a promo video accompanying Durov’s announcement, the partnership is expected to bring a wide rollout of Grok features within the messenger.Accessible via the search bar on Telegram, Grok will offer threaded chats, smart text editing, chat summaries, document digests, inbox agents, group chat moderation and more.Source: Pavel DurovNeither xAI nor Grok had confirmed the partnership independently at the time of publication.Related: Durov blocked from attending Oslo Freedom Forum — Human Rights FoundationSome commentators have speculated that Musk would soon create his own Telegram channel following the partnership.Toncoin spikes over 20% on a series of Telegram newsThe news comes amid a series of Telegram-related news being published on May 28, including BlackRock’s reported participation in the messenger’s $1.5 billion bond sale, and ex-Visa crypto executive Nikola Plecas joining the TON Foundation as its new vice president of payments.Telegram works closely with the TON Foundation, picking Toncoin (TON) as the messenger’s only accepted cryptocurrency for app services in January.Toncoin (TON) 24-hour price chart. Source: CoinGeckoToncoin has rallied on the news, seeing a 20% spike within a few hours. According to data from CoinGecko, TON is trading at $3.6 and is currently the 19th largest cryptocurrency with a market capitalization of $8.9 billion.Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye