As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto. Related Reading: Avalanche Slides Off The Edge – What Comes After The 4H Trendline Snap? Bitcoin Starts Second Price Discovery Uptrend Last week, Bitcoin’s momentum propelled its price to its new all-time high (ATH) of $111,814 before retracing to its current range. Over the weekend, Bitcoin confirmed its breakout into its second Price Discovery Uptrend, following its successful retest of the $104,500 mark as support. The cryptocurrency has been in a significant market recovery for over a month, rallying nearly 50% from April lows. Analyst Rekt Capital noted that BTC ended its downside deviation period and positioned itself for a retest of its key re-accumulation range during early May’s surge, which was successfully reclaimed and surpassed. The analyst considers that its new Price Discovery Uptrend has “only just begun,” as Bitcoin starts Week 2 of this phase. Rekt Capital highlighted that this cycle has been “a story of Re-Accumulation Ranges,” which signals that a new range will likely form after this Price Discovery. Meanwhile, history suggests a second Price Discovery Correction is ahead as Bitcoin transitions into its new Price Discovery Uptrend. During its future correction, BTC will likely retrace between 25%-35% “to produce yet another Downside Deviation below the Re-Accumulation Range Low (future orange circle) before resuming upside into a likely Price Discovery Uptrend 3.” In the meantime, “All Bitcoin needs to do is hold above the Re-accumulation Range High of $104,500” to continue its price discovery rally. $110,000 Breakout Next? Notably, the flagship crypto has been retesting the range high as support over the past two weeks, confirming the breakout. As such, dipping into the previous $92,000-$104,500 range’s upper zone could happen as “part of normal volatility.” Moreover, it turned another key resistance, the $102,500 mark, into support during this period, which it had previously been rejected from in January 2025. With these levels as support, Rekt Capital considers that only the December 2024 and January 2025 upwicks, at $108,353 and $109,588, stand in the way of additional Price Discovery. Trader Daan Crypto Trades noted that Bitcoin is “still strong but fighting around its previous all-time high from earlier this year.” He pointed out that price action looks “very choppy” in the lower timeframes, but it shouldn’t be concerning for investors if the price remains within its current range. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? Analyst MacroCRG affirmed that Bitcoin must officially reclaim the $110,000 level to continue its rally, as it marks the previous ATH and the Value Area High (VAH) from last week. “Acceptance above and we likely squeeze straight into price discovery again,” CRG stated. Currently, Bitcoin is retesting its Weekly opening of $109,004 as support, which could set the stage for a breakout above the $110,000 mark if held. Meanwhile, rejection from this area could send BTC price to the $106,000-$108,000 area. As of this writing, Bitcoin trades at $109,181, a 1.4% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging […]
The post Tether invests $5 billion profit into US companies while holding $120 billion in US debt appeared first on CryptoSlate.
In the last 30 days, Bitcoin has seen a growth of at least 16%, with a 3.3% surge in just the past seven days. Currently, Bitcoin’s price sits at $109,031. A new research-based analysis predicts that Bitcoin could reach $135K by July 2025, driven by its correlation with the US M2 money supply. Bitcoin & …
Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets.The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment seminar in Bangkok on May 26, according to reports from Bangkok Post and The Nation. The initiative, currently under review by the Ministry of Finance and the Bank of Thailand, will enable tourists to link their crypto holdings to credit cards for local purchases.Merchants will receive Thai baht as usual, often without knowing crypto was used in the transaction. The pilot is expected to roll out after key infrastructure and regulatory checks are in place.“This approach can be immediately adapted for Thailand, provided the supporting systems are in place,” said Pichai, noting that the model avoids using the Thai baht directly, reducing risks to the domestic currency.Related: Crypto exchange KuCoin enters crowded Thailand marketCapital markets regulation under reviewBeyond enabling crypto use for tourism, Thailand is also planning a reform of its financial laws. Pichai said the government needs to unify the legal treatment of the traditional capital market and the digital asset space, which are currently governed by separate acts.Pichai also said the government is reviewing outdated restrictions on institutional investors as part of broader capital market reform. Life insurers and large funds holding hundreds of billions of Thai baht are restricted to government bonds. Upcoming changes may open more funds to equities and private sector assets.Pichai announcing the postponement of the next phase of digital wallets handout. Source: Khaosod EnglishThe Ministry of Finance is reportedly also looking to reform rules around treasury stocks and ensure fairer market operations by regulating high-frequency trading practices.A draft law is in the works to expand the Thai Securities and Exchange Commission’s enforcement powers, potentially allowing it to bring major cases directly to prosecutors.Related: Thailand targets foreign crypto P2P services in new anti-crime lawsPichai expresses support for digital assetsPichai reiterated support for digital assets, emphasizing the need for clear rules that enable innovation without risking financial stability.He mentioned the rollout of “G-Tokens,” a blockchain-based initiative aiming to allow retail investors to buy government bonds in fractional units. These tokens, he said, are expected to improve returns for savers and raise the global profile of Thai sovereign debt.On May 13, the Ministry of Finance announced plans to issue $150 million worth of digital investment tokens that allow retail investors to buy government bonds.This came after the country’s securities regulator revealed plans to launch a tokenized securities trading system for institutional investors back in February.In March, the Thai SEC also approved Tether’s USDt (USDT) and Circle’s USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country.Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story
The leveraged yield farming pioneer cites falling revenue, failed M&A talks, and last month’s Binance delisting as reasons for shutting down after a four-year run.
A new research paper from a Google researcher slashed the estimated quantum resources needed to break RSA encryption, which is used by some crypto wallets.
Bitcoin 2025 just got a shock of controversy, Michael Saylor made waves by calling proof-of-reserves “a bad idea,” as highlighted by analyst Mitchell. The bold remark has reignited debate around transparency and trust in crypto. In a recent interview, Saylor outright rejected the idea of publishing on-chain proof of reserves, a practice seen by many …
Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence (AI) infrastructure, marking a major leap toward becoming a digital-first economy. On May 25, 2025, Finance Minister Muhammad Aurangzeb announced the bold strategy, stating, “This strategic allocation marks a pivotal moment in Pakistan’s digital transformation journey, unlocking economic potential by …
Stablecoin issuer Circle has recently denied reports that it is in talks with Coinbase or Ripple for a possible sale. “Circle is not for sale. Our long-term goals remain the same,” the company said. This comes as Circle is gearing up for its IPO, aiming for a valuation of at least $5 billion. Earlier, Circle …
Saylor said onchain proof-of-reserves is a "bad idea" that poses security threats to Strategy and is meaningless without audited liabilities.
Bitcoin has made it to the center stage of the crypto market again, not just for its price hovering around the all-time high, but also for the strategic moves happening behind the scenes. Strategy recently purchased 4,020 BTC at an estimated cost of $427 million, fueling speculation about a potential leg up. However, the market …
Strategic financing boosts bitcoin treasury holdings and investor confidence.
Ethereum has maintained a position above $2,500 following a mild retracement from its recent high above $2,700 last week. At the time of writing, the asset trades at $2,564, reflecting a 2.4% increase in the past 24 hours. While the broader crypto market remains in a bullish structure, largely driven by Bitcoin’s sharp upward movement, Ethereum’s relative momentum appears more tempered, raising questions among traders and analysts about its current positioning. Related Reading: Ethereum Price Finds Its Footing: Bulls Prepare for Another Push Retail Quiet, Institutions Watchful Despite the price remaining above key levels, some analysts believe Ethereum has yet to fully capture the broader market’s enthusiasm. One such observation was presented by CryptoQuant’s analyst Burak Kesmeci, who noted that retail activity around Ethereum remains low compared to previous cycles. This could suggest that Ethereum’s rally is still in its early stages, with potential upside left unpriced by the market. The absence of retail enthusiasm, which historically coincided with local tops, may signal that Ethereum has not yet reached a peak for this cycle. Kesmeci’s analysis highlighted a notable shift in retail engagement around Ethereum. Drawing comparisons to the 2021 bull run, the analyst pointed out that earlier rallies were often accompanied by sharp spikes in retail trading frequency. However, during the current cycle, retail interest has been largely muted, even as Bitcoin surged from $16,000 to over $111,000. While ETH saw a brief uptick in retail activity in December 2024, that momentum faded quickly amid broader market reactions to geopolitical developments, including renewed tariff tensions. The analyst concluded that the market may still be in a phase of accumulation, as the typical retail-driven euphoria has yet to materialize. In this scenario, Ethereum could benefit from increased participation in the coming months, particularly if macroeconomic sentiment stabilizes. The potential for delayed retail entry suggests that Ethereum’s current rally might only be at its midpoint rather than nearing a local top. Ethereum Technical Setups Suggest Bullish Continuation On the technical front, several market analysts continue to hold a positive outlook for ETH. A pseudonymous analyst known as Crypto Busy posted on X that the asset’s monthly chart remains structurally intact, referencing a previous key resistance level near $1,410. Related Reading: Ethereum Climbs Back To $2,700 – Bulls Ready For A Breakout? According to the post, Ethereum’s breakout above this long-standing barrier has turned it into support, replicating a setup that historically preceded major rallies. Further reinforcing this perspective, analyst Michaël van de Poppe emphasized the importance of Ethereum’s price action near the $2,400 level. He noted that this zone offered a strong buying opportunity and believes that if Ethereum can successfully retest and hold above this threshold, a move toward $3,000 could follow. According to van de Poppe, such a breakout would signal the beginning of a new bullish phase for ETH. Featured image created with DALL-E, Chart from TradingView
French authorities have arrested more than 12 people who have been linked to two high-profile crypto kidnapping cases in Paris, France, local media reports.Those arrested include several minors, with charges against them including kidnapping, attempted kidnapping and criminal conspiracy, Le Parisien reported on May 26.French investigators are exploring the possibility that a criminal organization is behind two recent crypto-linked kidnapping cases, with social media networks being used for recruitment.In one recent alleged kidnapping attempt on May 13, three men tried to snatch the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium, in broad daylight in Paris.That attempt, which bystanders captured on video, shows that the alleged attempt was thwarted as Noizat’s daughter fought back and passersby intervened.In another case earlier in May, French authorities rescued the father of a crypto marketing entrepreneur who was kidnapped and held for a ransom of between 5 million and 7 million euros.Le Parisien reported that authorities have not yet made any arrests regarding the alleged botched kidnapping of Noizat’s family, but up to six people allegedly tied to the kidnapping of the crypto entrepreneur’s father have been identified and imprisoned, including the alleged kidnappers themselves.Earlier this year, the co-founder of crypto hardware wallet maker Ledger, David Balland, was kidnapped from his home with the perpetrators allegedly demanding crypto. Balland was subsequently rescued by the French police days later.Security measures beefed upFrance’s Interior Minister Bruno Retailleau increased security measures for crypto entrepreneurs and their family members residing in France earlier this month after the series of high-profile attacks.Related: Another suspect to surrender in NYC crypto torture caseA GitHub page created by Jameson Lopp, a cypherpunk and co-founder of self-custodial firm Casa, indicates that six incidents of criminal activity demanding crypto ransom have taken place in France so far this year, with half of the incidents taking place in Paris.Further, industry executives are bolstering their security by hiring professional bodyguards in a bid to deter malicious actors.Magazine: Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps
Bitcoin is on the move again, now trading near $109K and hitting a $2.11 trillion market cap. But what’s driving these big price changes? A new update from Glassnode, a leading blockchain data firm, helps explain. It shows how the two main types of buyers, long-term believers and first-time investors are play very different roles …
Crypto markets began the weekly trade on a consolidated note, as Bitcoin price was struggling to reclaim the pivotal range at $110K. While the star token failed to do so, the markets slightly collapsed, and the market capitalization dropped below $3.5 trillion. Regardless of this, Hyperliquid (HYPE) price maintained a steep upswing and smashed a …
The cryptocurrency market is showing signs of bouncing back, with particular attention now shifting towards altcoins. While Bitcoin has led the market through recent months, analysts predict a rotation may be underway, offering opportunities for select altcoins to outperform. XRP’s Strong Track Record and Outlook XRP has successfully navigated several crypto market cycles, maintaining its …
Four artificial intelligence-enhanced robots have been put through their paces in a Chinese robot fighting competition, duking it out in kickboxing matches until one was declared the champion.The World Robot Competition Mecha Fighting Series had four human-controlled robots built by China-based firm Unitree compete in three, two-minute rounds with winners crowned through a points system, according to a May 26 report from the China state-owned outlet the Global Times. Chen Xiyun, a Unitree team member, said the “robots fight in a human-machine collaborative way,” with the machines pre-taught moves, but ultimately, a person controls the bot’s movements.The robots reportedly weighed 35 kilograms and stood 132 centimeters tall. Ahead of the boxing rounds, the pint-sized robots were put through tests to demonstrate a variety of kicks and punches and assist the organizers in refining the rules.The team with the highest points across the three rounds moves on to fight another opponent. A punch to the head was worth one point, and a kick to the head was worth three. Teams lost five points if their robot fell and 10 points if their robot was down for over eight seconds. AI used to teach real fight movesDuring a livestream of the event on the state broadcaster CCTV, Unitree director Wang Qixin said the robotics company used “AI technology to let robots learn.”???? China hosted the world's first #humanoid robot fighting competition, the CMG World #Robot Competition. Four teams and their #UnitreeG1 robots duked it out in a globally live-streamed event! ????pic.twitter.com/vkODcSbPoQ— Chinese Embassy in US (@ChineseEmbinUS) May 26, 2025“First of all, the motion capture will be based on some professional fighting athletes. Based on their motion capture data, the robot will learn these movements in the virtual world,” he said.In one of the first matches, a robot in pink headgear fought a robot in black headgear. After a flurry of sometimes misplaced punches and kicks, the black-donned bot was the first to be knocked down after throwing a kick and falling over. Related: Welcome to the future where on-chain robots serve coffee and crypto rewardsHowever, the black-clad android came back strong and scored a knockdown on pink in round three with a front kick. A second knockdown saw the black bot jump on the pink one to hold it down and claim the win. The pink-wearing bot and another wearing red were both eliminated, leaving the black-donned bot and one wearing green to go toe to toe in the finals. Ultimately, the black bot was declared the champion after outscoring its opponent.Another event with full-sized robots is reportedly locked in for December in South China’s Guangdong Province. Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye
All eyes are now on this Friday’s Core PCE print, a key inflation gauge for the Federal Reserve, one trading firm noted.
On-chain data shows the Bitcoin ‘SLRV’ Ribbons have recently once again been giving a green signal. Here’s what this could mean for the asset. Short-Term MA Of Bitcoin SLRV Has Crossed Above The Long-Term In a new post on X, Capriole Investments founder Charles Edwards has talked about the latest trend in the SLRV Ribbons for Bitcoin. The SLRV Ribbons are based on an on-chain indicator known as the “Short-Term to Long-Term Realized Value (SLRV) Ratio.” Related Reading: XRP Sees Wave Of Inflows: 70% Of Realized Cap Now New Money The SLRV Ratio measures the ratio between the Bitcoin supply that was moved within the past 24 hours and that dormant since at least six and at most twelve months ago. The supply younger than 24 hours corresponds to the part of the cryptocurrency that’s becoming actively involved in trading. That is, the part of the supply that’s constantly in motion. Meanwhile, the 6 to 12 months old supply represents the coins that have just matured into the domain of the HODLers. As such, whenever the SLRV Ratio has a high value, it means the short-term trading interest in the asset is high compared to the appetite for HODLing. On the other hand, it being low can indicate long-term holder behavior is dominant in the sector. The SLRV Ribbons, the actual indicator of focus here, makes it easier to identify when a shift is occurring from one behavior to the other. It does so by tracking the 30-day and 150-day moving averages (MAs) of the SLRV Ratio. Now, here is the chart for the indicator shared by Edwards that shows the trend in these MAs over the last few years: As displayed in the above graph, the 30-day MA of the Bitcoin SLRV Ratio has crossed above the 150-day MA recently. This type of crossover is generally a sign that the market is moving away from HODLing to short-term trading and fresh adoption. From the chart, it’s apparent that such a crossover (highlighted in green) usually leads into some degree of bullish action for the cryptocurrency’s price. The bull rally from the last couple of months of 2024, for example, followed this signal. The reverse type of crossover, where the 30-day MA falls under the 150-day one, is likewise a bearish signal. When this cross takes place, it means interest in the asset is waning from new investors, leaving only the most resolute hands to continue quietly accumulating. Related Reading: Bitcoin Extreme Greed Is Here—Time To Be A Contrarian? With the SLRV Ribbons once again forming a bullish crossover, it now remains to be seen whether the pattern would hold for the asset this time as well. BTC Price Bitcoin fell under the $107,000 mark during the weekend, but it would appear the coin has kicked off the new week with recovery as its price is now back at $110,000. Featured image from Dall-E, charts from TradingView.com
Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), has joined Sygnum in an advisory role, where he will help the crypto bank navigate global regulations amid growing institutional interest in digital assets. Giancarlo’s appointment as senior policy adviser places him alongside 11 other members of Sygnum’s Advisory Council, the company disclosed on May 27.In his role, Giancarlo will advise on regulations and strategic partnerships in both the public and private sectors. Sygnum is a Swiss banking group dedicated to providing crypto asset services. It’s often called the first digital asset bank, having recently achieved unicorn status following a $58 million funding round. Giancarlo, who headed the CFTC between 2017 and 2019, said he is joining Sygnum at a time when the global digital asset industry is nearing a turning point in institutional adoption.Christopher Giancarlo. Source: SygnumGiancarlo has earned the moniker of “crypto dad” for his advocacy for digital assets, particularly in the United States. In 2023, he said a sweeping political shift in Washington, DC, would be necessary to enact pro-industry legislation. That shift appeared to materialize following Donald Trump’s presidential victory last November.However, shortly after the election, Giancarlo quashed rumors that he would succeed outgoing Securities and Exchange Commission Chair Gary Gensler. He also shot down reports that he was interested in a crypto-related role at the US Treasury.Source: Chris GiancarloRelated: Sygnum adds off-exchange crypto custody to Deribit with Fireblocks techInstitutional adoption of digital assets heats upA confluence of pro-crypto policies, the successful launch of Bitcoin exchange-traded funds (ETFs), and advances in tokenization and stablecoins has captured the attention of institutional investors over the past year.In the United States, Bitcoin ETFs are on track for a record-breaking month, drawing $1.5 billion in inflows over just two days. On the regulatory front, the Senate passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. If enacted into law, the bill could further accelerate institutional adoption, according to DWF Labs managing partner Andrei Grachev.Meanwhile, Bitcoin’s rally to all-time highs has created a positive feedback loop where more institutions view BTC as a mature asset worthy of inclusion in modern portfolios, according to a recent report by Fidelity Digital Assets. Crypto also shows positive growth in places Sygnum is active, like Singapore and the United Arab Emirates. However, Sygnum’s CEO, Matthias Imbach, recently warned that the company’s native Switzerland may lose its competitive advantage as a crypto destination if it fails to keep innovating.Magazine: Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee
Despite a 32.8% crash in two weeks, Pi Network’s long-term vision remains strong. Here’s why top analysts still believe in PI’s future. Pi Coin Price Nosedives: What’s Going On? Over the past 14 days, Pi Network (PI) has seen a significant price drop of 32.8%. In just the last 24 hours, it slipped another 5.3%, …
Solana may lag Ethereum in the near term until new use cases beyond memecoins gain traction, according to Standard Chartered.
BitMEX has launched a new feature called Multi Asset Margining, allowing users to trade derivatives using multiple currencies. Now, $XRP can be used as margin for derivatives trading, alongside $RLUSD, which is also live on the platform. Traders can use USDT, USDC, ETH, BTC (XBT), and more to open positions, making trading more flexible and …
Former CFTC Chair Christopher Giancarlo, known as “Crypto Dad” for his pro-crypto views, has joined Swiss crypto bank Sygnum as a senior policy advisor. He will help guide the bank’s global regulatory strategies and build partnerships with institutions. Giancarlo’s move comes as Sygnum expands into markets like Singapore and the UAE, following a successful $58 …
Hasbulla, the viral internet sensation, has launched his crypto token called $BULLA on the BNB Chain. The demand is massive, pulling in over $7 million in under six hours. But while the numbers sound impressive, experts are waving red flags. With a history of failed NFT projects and shady pump-and-dump tactics linked to him, many …
UFC legend Conor McGregor is now showing interest in XRP, expanding his focus beyond Bitcoin as the U.S. considers a broader digital asset reserve. McGregor, who has backed the idea of a Strategic Bitcoin Reserve, is now digging into the decentralization behind XRP, Cardano, and Solana, sparking debate in the crypto world. McGregor Wants to …
Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged.“Overleveraged short-term traders were flushed out, long-term holders have been quietly capitalizing on the reset,” CryptoQuant analyst Amr Taha said on May 26. They noted the first flush occurred when Bitcoin (BTC) fell below $111,000, and over $97 million in long positions were liquidated. As its price broke $109,000, another $88 million in longs were wiped out in the second wave.However, as short-term traders faced margin calls and forced selling, long-term holders (LTH) responded very differently and increased their accumulation.This caused the long-term holder realized capitalization to surge past $28 billion, a level not seen since April. Realized cap is a measure of the value of each Bitcoin based on the last time it was moved, rather than the current market price.Long-term investors are using this period of forced selling to increase their exposure and accumulate more Bitcoin for the long run, Amr Taha noted. “This strategic accumulation during moments of market stress reflects the deep conviction of LTHs.”“Rather than being shaken out by short-term volatility, they [LTH] see these liquidation-driven dips as prime opportunities to strengthen their positions, reinforcing the foundation for future price appreciation.”BTC short-term holders (red) and long-term holders (green) net realized cap. Source: CryptoQuant Related: Bitcoin’s new highs may have been driven by Japan bond market crisisMeanwhile, CryptoQuant analyst Ibrahim Cosar identified a double bottom chart formation, a reversal signal that indicates “bearish pressure is weakening and buyers are beginning to regain control,” he said. “If this zone holds as support, levels above $112,000 are well within reach,” he predicted. Bitcoin dips below $109,000Bitcoin is trading at just under $108,700 on Coinbase at the time of writing, posting a slight rebound from a wick down to $107,550, according to TradingView.However, it has retreated from a high on Monday, May 26, of $110,000, having hit resistance twice at that level. BTC/USD holding around $109K on Coinbase. Source: TradingviewMagazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest
TokenFi, the tokenization project by the Floki ecosystem, has launched its long-awaited real-world asset (RWA) tokenization platform — aiming to make it easier for businesses to bring physical and financial assets on-chain in a fully compliant way. The new module, which will go live on May 23, offers a no-code platform for companies to create …