The Cetus Protocol, considered to be the largest liquidity provider on the SUI blockchain, has recently shown a fantastic intraday jump of 27% in its native token CETUS price has showed a fantastic intrady jump of 27% and it is exchanging hands at $0.1665. This spike was fueled by Cetus Protocol’s recent great news following …
Japanese “Bitcoin-first” firm Metaplanet just lifted its treasury to 7,800 BTC (≈$842 million) after a $50 million purchase. It has now overtaken El Salvador as Asia’s largest corporate holder. On X, Metaplanet investor TakaAnikuni applied a power-law fit that links a company’s BTC-denominated Net Asset Value (BTC NAV) to its equity market cap: mNAV ≈ e[(0.89 […]
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US Treasury Secretary Scott Bessent has signalled that the long-debated overhaul of banks’ supplementary leverage ratio (SLR) is imminent—a policy pivot that could reverberate through Bitcoin markets—telling television interviewers that regulators are “very close to moving” on the rule and that the adjustment could compress Treasury yields by “tens of basis points.” Rocket Fuel For Bitcoin Although the proposal must still clear the Federal Reserve, the Office of the Comptroller of the Currency and the FDIC, the direction of travel is clear: exempting, or partially exempting, US Treasuries from the SLR will let large banks recycle balance-sheet capacity into fresh purchases of government debt. The SLR, introduced after the 2008–2009 crisis, forces even risk-free assets such as Treasuries to carry a capital charge; a global systemically important bank must fund five cents of equity for every dollar of total assets, including central-bank reserves. Bessent’s plan would lift that burden for sovereign bonds, a step the industry has lobbied for since the temporary pandemic waiver expired in March 2021. Kevin Fromer, chief executive of the Financial Services Forum, calls the current leverage-based stack “outdated and at odds with financial stability and economic growth,” describing relief as necessary “to better serve US taxpayers, capital markets, consumers, businesses, and the economy.” Related Reading: Bitcoin Enters A Massive Week: Key Events To Watch While officials frame the move as a micro-prudential calibration, the macro-liquidity impulse is substantial. Market commentator Furkan Yildirim tells his 103,000 subscribers that US banks collectively hold about $5 trillion in Treasuries; eliminating the five-percent capital haircut would liberate roughly $250 billion of tier-one capital—fifty times the Federal Reserve’s current monthly quantitative-tightening pace of $5 billion. “This is a liquidity injection by regulatory pen stroke,” he says, adding that the step “lowers yields without the Fed printing money,” a mix that historically pushes investors further out the risk curve. The market is already trading on that expectation. Benchmark ten-year yields slid below 3.95 percent after Bessent’s remarks and after President Trump deferred a threatened 50 percent tariff on EU goods until 9 July. Yildirim argues that “every basis-point drop in the ten-year is basically a marketing campaign for Bitcoin,” because “liquidity doesn’t disappear—it just looks for a new home.” He stresses that the Treasury’s willingness to change bank-capital rules, rather than rely on the central bank, “tells you how cornered policymakers feel by deficits, debt service and political optics.” Related Reading: Bitcoin SLRV Ribbons Turn Green—What Happens Next? Not everyone is convinced the rule change will work as intended. Critics such as Peter Boockvar of Bleakley Advisory note that banks’ appetite for duration risk has not fully recovered since the 2023 regional-bank failures; if dealers fail to absorb the incremental Treasury supply, the Federal Reserve could be forced back into the market. The Bank Policy Institute, while welcoming SLR relief, argues that it must be paired with a broader rethink of post-crisis overlays such as the GSIB surcharge and the stress-test regime to unlock balance-sheet capacity on a lasting basis. Bitcoin, however, responds reflexively to dollar-liquidity metrics. Lower Treasury yields diminish the allure of money-market funds paying north of five percent, releasing capital that has been parked in cash-equivalent vehicles since 2022. On-chain data highlighted by Yildirim show over-the-counter (OTC) desk inventories sliding to 115,000 BTC, evidence that large buyers are sourcing coins directly; when that stock is depleted, desks must restock from public exchanges, a dynamic that tightens float and historically amplifies upside moves. Ultimately the SLR reprieve is no panacea for America’s fiscal arithmetic, but it removes a near-term balance-sheet choke point and lowers the opportunity cost of holding non-yielding assets. As Yildirim puts it, “A deregulation that stabilises sovereign funding while nudging investors into risk assets is, almost by definition, a tailwind for Bitcoin.” In that sense the rule change functions like shadow quantitative easing, arriving at a moment when the Federal Reserve is hamstrung by sticky inflation and political constraints—one more structural catalyst for Bitcoin. At press time, BTC traded at $108,790. Featured image created with DALL.E, chart from TradingView.com
The funds will be used to repurchase debt and are convertible into equity if Telegram goes public.
Coinbase's CDP Wallets enable developers to create secure, programmable wallets via API without handling private keys.
Cardano’s ecosystem is buzzing with activity as on-chain fundamentals and investor sentiment align to create a potential setup for a breakout. Daily transactions on the network have surged by 50,000 to mark a new monthly high. Elaborating on numbers, over the last 24 hours, transaction volume has hit a remarkable $684.6 million. These strong figures …
In the past two weeks, XRP has dropped 12.3%, with a 1.9% decline in just the last seven days. Despite the dip, crypto analyst EGRAG CRYPTO believes XRP may be setting up for a breakout, citing a potential bull flag pattern. But how realistic is this rally—and what should investors really expect? XRP Price Movement: …
The Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments.Plecas will be responsible for shaping and executing TON’s payment infrastructure strategy, the company said in a May 28 blog post.He is tasked with expanding the network’s capabilities, managing financial partnerships and ensuring compliance across jurisdictions as the foundation scales services for over 1 billion Telegram users.“Joining TON Foundation represents an incredible opportunity to shape the future of payments on a truly global scale,” Plecas said.Related: How to use tsUSDe on TON for yield-generating dollar savingsPlecas to lead TON’s new payment strategyPlecas will lead the push to build a payments architecture that is both globally interoperable and robust enough to handle increasing demand from developers, enterprises and end-users, per the announcement.Plecas brings a track record from his time at Visa, where he played a central role in crypto-related initiatives, including product development and global commercialization.He helped streamline on-ramp performance across multiple markets and developed Visa’s digital currency engagement model for European clients. He also contributed to numerous fintech and crypto issuance projects and frequently spoke on Visa’s behalf at major industry events.Source: TONTON Foundation CEO Max Crown noted that payments are a core pillar of TON’s roadmap. “With deep industry expertise and a clear vision for scaling payment infrastructure, Nikola brings the experience and leadership we need to accelerate TON’s global growth.”Cointelegraph reached out to TON for comment but had not received a response by publication.Related: TON’s Broxus launches blockchain app scalability platform TON FactoryEthena offers USDe to Telegram usersOn May 1, decentralized stablecoin platform Ethena partnered with TON to make its stablecoins available to Telegram’s user base of over 1 billion people.The partnership will see the deployment of Ethena’s USDe (USDE) and Ethena Staked USDe (sUSDe) within the TON blockchain. The sUSDe variant will be integrated under the name tsUSDe, enabling Telegram users to access US dollar-denominated savings directly within Telegram.Notably, the TON Foundation has also been closely collaborating with Tether, connecting TON to Tether’s USDt ecosystem with LayerZero in February 2024.As part of its ambitious scaling plans, TON expects to connect its ecosystem to at least 100 chains, including Ether (ETH), Tron (TRX) and Solana (SOL).Magazine: Can Off the Grid survive Steam’s crypto ban? Rage over Maplestory cheaters: Web3 Game
Blockchain investigator ZachXBT has publicly accused high-risk trader James Wynn of hypocrisy and deceptive trading practices. In a May 28 post on X, ZachXBT alleged that Wynn, who recently condemned scam tokens tied to his name, had previously engaged in similar pump-and-dump tactics involving memecoins. The controversy started after Wynn warned his followers about a […]
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Key indicators suggests traders are becoming more bullish on ether relative to bitcoin.
Ethereum, the world’s second-largest cryptocurrency, is standing on an edge, and even a small slip could trigger a chain reaction, putting around $123 billion of investors’ money at risk. As of now, ETH is trading near $2,641 and has already tried three times this month to break past $2,700, but each time it’s fallen back. …
President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC), Brian Quintenz, is drawing attention with his extensive crypto industry connections and over $3.4 million in related assets. These disclosures, revealed in a recent ethics filing, have raised questions about how his background might influence the future of crypto regulation in the US. …
Crypto exchange OKX is shaking the table with a move that’s bound to get noticed. Next week, the platform will delist 11 spot trading pairs but it’s not the obscure tokens catching headlines. It’s the delisting of USDT/USDC, a staple stablecoin-to-stablecoin pair many traders rely on, that’s turning heads. Why now? That’s the question echoing …
Swiss crypto bank Amina Bank, formerly Seba Bank, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million.The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release.The Zurich-based bank credited the growth to its multi-jurisdictional footprint, 24/7 trading capabilities and a lending book that has maintained zero defaults over five years.“I’m incredibly proud of our team’s tenacity and focus, which led to quarterly profitability in Q4 2024, a pivotal milestone that confirms the value of our approach,” CEO Franz Bergmueller said.Related: Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu DhabiAmina adds $801 million in assets in 2024During the year, Amina added $801 million in net new assets. Revenue from derivatives increased by 40%, reflecting increased interest from clients seeking crypto-based risk-management tools.The bank also said it invested in building a proprietary digital platform last year, aiming to serve business-to-consumer (B2C), business-to-business (B2B) and business-to-business-to-consumer (B2B2C) clients.The system, expected to launch later this year, will feature API-based infrastructure to handle increasing demand across markets.Mike Foy, chief financial officer at Amina Bank, said the bank’s liquidity coverage ratio increased to 228% in 2024, up from 219% in 2023.“In addition, our CET1 capital ratio, which compares a bank’s capital against its risk-weighted assets, is more than double the regulatory requirement at 34%, despite an increase in risk-weighted assets as a result of our expansion,” Foy added.Related: Crypto projects prepare to battle for privacy in SwitzerlandAmina’s international revenue growsAmina also noted that its international revenue continues to increase, with income from its Abu Dhabi operations rising 150% year-over-year and Hong Kong posting 570% growth. The bank expects to onboard 30 B2B2C partners by the end of 2025, up from almost 20.Founded in 2019, Amina holds licenses from the Swiss Financial Market Supervisory Authority (FINMA), Abu Dhabi’s Financial Services Regulatory Authority (FSRA) and Hong Kong’s Securities and Futures Commission (SFC).Amina rebranded from SEBA Bank on Dec. 1, 2023, to highlight its shift toward integrating traditional finance with digital and crypto services.In November 2023, Switzerland’s St. Galler Kantonalbank, one of the largest banks in the country, partnered with then-branded Seba to offer its clients digital asset custody and brokerage services.Magazine: Can Off the Grid survive Steam’s crypto ban? Rage over Maplestory cheaters: Web3 Game
Users can start locking up ETH, USDC, USDT, or WBTC during the Katana private mainnet period will receive KAT tokens.
GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid.
Your day-ahead look for May 28, 2025
Altcoin season is all over Twitter – but is it realy happening? Bitcoin is soaring, but most altcoins are still flat. Top analysts say this is just a twitter-fueled pump with little momentum behind it and retail money has not shown up yet. This “altseason” might just be smoke and mirrors and here is why. …
BlackRock, one of the world’s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram.Telegram is expected to raise at least $1.5 billion in a bond issue on May 28, with support from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala, The Wall Street Journal reported.As part of the sale, Telegram is offering investors five-year bonds at a 9% yield, the report said, citing sources familiar with the matter.Telegram plans to use the proceeds to buy back remaining debt from bonds issued in 2021, which are due to mature in March 2026.Discounts for potential Telegram IPOApart from existing Telegram bondholders like BlackRock and Mubadala, the sale is also expected to bring new investors, including the US hedge fund firm Citadel.The WSJ report came weeks after Bloomberg first reported on Telegram's bond sale in late April, with sources claiming that the company was holding investor meetings about a bond sale worth about $2 billion to refinance its debut debt offering from 2021.According to the Financial Times, Telegram’s new bond offering will allow investors to buy shares in a potential initial public offering at a 20% discount, mirroring the terms of previous bond sales.This is a developing story; further information will be added as it becomes available.Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24
GameStop ($GME) has purchased 4,710 Bitcoin, worth approximately $512 million, marking a major investment in cryptocurrency. This move signals the company’s growing interest in digital assets and diversification beyond its traditional retail business. By adding Bitcoin to its portfolio, GameStop joins other major companies embracing crypto as part of their financial strategy. The purchase highlights …
Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on the same day. Trump Media Secures $2.5 Billion For Bitcoin Treasury The substantial funding includes $1.5 billion in common stock and $1 billion in convertible notes, with the proceeds designated for the purchase of bitcoin, which will now be a core asset in the company’s treasury. Trump Media confirmed that it has secured subscription agreements with approximately 50 institutional investors to facilitate this ambitious endeavor. Related Reading: On The Verge: Strategy’s Recent Purchase Positions Total Bitcoin Holdings Near 600,000 To manage these digital assets, the company will store its Bitcoin with Anchorage Digital and Crypto.com—platforms that recently collaborated with Trump Media to launch its first exchange-traded funds (ETFs). This announcement comes as BTC retraces from its recent record highs, coinciding with the Bitcoin 2025 conference on the Las Vegas Strip, which has highlighted President Donald Trump’s emerging identity as the nation’s first “crypto president.” Despite the excitement surrounding the IPO, Trump Media’s stock remains volatile, experiencing nearly a 30% decline this year. The company currently holds a market capitalization of about $5.3 billion, contrasted with reported revenues of just $3.6 million and a loss of $400 million in 2024. BTC As An ‘Apex Instrument’ Devin Nunes, CEO of Trump Media and former congressman, referred to BTC as an “apex instrument of financial freedom.” He framed this move as a necessary defense against what he described as “systemic discrimination” from financial institutions toward conservative businesses. In addition to this treasury initiative, Trump Media has partnered with Crypto.com to launch a series of ETFs and digital asset products, pending regulatory approval. These funds will include baskets of cryptocurrencies like Bitcoin and Crypto.com’s native token, Cronos (CRO). The offerings will be branded under the Trump Media name and made available to global investors through major brokerage platforms and the Crypto.com app, which boasts over 140 million users. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally The $2.5 billion BTC treasury initiative also follows a broader trend among politically aligned businesses converting their corporate treasuries to Bitcoin-heavy portfolios. Additionally, figures like Jack Mallers are emerging to rival established players, backed by significant investment from Tether and SoftBank. David Bailey, another major player in Trump-linked BTC initiatives, recently led a $710 million merger with KindlyMD, shifting the company’s focus from holistic opioid recovery to a crypto-first strategy. Bailey, a trusted advisor to the Trump administration, described this approach as “Strategy, squared,” emphasizing a commitment to increasing the BTC holdings per share. Featured image from DALL-E, chart from TradingView.com
Telegram is planning to issue $1.5 billion in five-year bonds with a 9% interest rate to repay its 2021 debt. Major investors like BlackRock, Mubadala, and newcomer Citadel are backing the deal. The bonds come with an option for investors to convert them into equity at a discount if Telegram goes public. This move aims …
GameStop's Bitcoin acquisition signals a strategic shift, potentially influencing other retailers to explore cryptocurrency as a treasury asset.
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Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC).In its May 27 letter, Ripple cited US attorney and crypto law thought leader Lewis Cohen to support its claim. In his widely cited 2022 paper, “The Ineluctable Modality of Securities Law: Why Fungible Crypto Assets Are Not Securities,” he wrote:“[T]here is no current basis in the law relating to ‘investment contracts’ to classify most fungible crypto assets as ‘securities’ when transferred in secondary transactions.”In his paper, Cohen explained that in secondary transactions, an investment contract transaction is generally not present. He further claimed that fungible cryptocurrencies “neither create nor represent the necessary cognizable legal relationship between” a legal entity and the holder that is the “hallmark of a security.”Related: Banking groups ask SEC to drop cybersecurity incident disclosure ruleSEC’s “new paradigm”Ripple also referenced SEC Commissioner Hester Peirce's May 19 “new paradigm” speech. She said she’d been voicing her dissent with the regulator’s approach to crypto, adding:“Having emerged from the crypto dissent years, I am glad to be able speak to you today as the head of the Commission’s Crypto Task Force about a rational and coherent path forward and a new paradigm at the SEC.”Peirce said that the SEC’s “approach to crypto in recent years has evaded sound regulatory practice and must be corrected.” She also said that most cryptocurrencies are not securities, adding:“Most currently existing crypto assets in the market are not [securities]. My supplemental answer is that economic realities matter and non-security crypto assets may be distributed as part of an investment contract, which is a type of security.”Ripple’s long fight with the SECThe SEC had viewed a large portion of digital assets as securities, with the regulator’s former chair, Gary Gensler, stating in 2023 that most of the crypto market falls under the securities bracket. This stance led to a protracted legal battle between the SEC and Ripple.The lawsuit first began at the end of 2020, when the SEC took action against Ripple and its executives, claiming that XRP sales constituted unregistered security offerings. Still, after the government’s stance on crypto changed with the election of current US President Donald Trump, Ripple has mostly won the battle, with the SEC recently dropping its appeal against a ruling favorable to the company.In its recent letter to the SEC, Ripple also cited a ruling in the case noting that “the court held that certain of Ripple’s historical institutional sales of XRP were investment contracts,” while the secondary sales were not. Furthermore, the judge “determined that XRP itself is not a security.”Magazine: XRP win leaves Ripple and industry with no crypto legal precedent set
ZachXBT has strongly denied James Wynn’s claim that a conspiracy group is using his name to launch scam tokens at price peaks. He accused James of repeatedly running similar meme coin scams on his own followers over the years. Back in July 2024, Dylan accused James of getting 2% of the Babypepe token supply and …
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The U.S. Department of Labor reversed earlier guidance discouraging retirement managers from considering cryptocurrency.
Key points:Bitcoin whales are adding to their BTC positions while price ranges below all-time highs.If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone.Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance.Bitcoin (BTC) may see support only at $94,000 if a fresh BTC price correction ensues, new analysis says.In its latest X commentary, Keith Alan, co-founder of trading resource Material Indicators, pointed to a Bitcoin bounce zone at the 21-week moving average.Bitcoin whales jump in amid “consolidating” priceBitcoin continues to track sideways within a $5,000 range after hitting all-time highs of $112,000, data from Cointelegraph Markets Pro and TradingView shows.For Alan, the market is giving off positive signals on its future trajectory, with large-volume traders adding to their BTC exposure at current levels.“BTC is consolidating above $100k and whales are accumulating,” he said.An accompanying chart showed increasing buy volume involving the two largest transaction classes typically associated with whale entities. It additionally confirmed $112,000 as the level attracting the highest ask liquidity as of May 27.Bitcoin order book liquidity data with whale activity. Source: Material Indicators/XContinuing, Alan suggested that if sellers temporarily regain control, a downside target could involve a revisit of the 21-week moving average at around $94,000.“We are in a bull market and the trend is up, but there are no straight lines in trading and ‘up only’ is a myth. 7+ Consecutive green candles are rare, and often followed by periods of consolidation or correction,” he wrote, referring to the weekly chart. “If a correction comes, I expect support to hold at the trend line which currently has confluence with the 21-Week Moving Average.”BTC/USD 1-week chart. Source: Cointelegraph/TradingViewEarlier, Cointelegraph reported on a more drastic BTC price correction outlook, which could mean a retracement of the entire rebound that began in April.BTC liquidity games continueMeanwhile, one whale in particular continues to actively broadcast his trades on social media, garnering considerable attention in the process.Related: BTC price seeks $155K ‘trigger’ — 5 things to know in Bitcoin this weekHyperliquid’s James Wynn made headlines by entering various long and short BTC positions involving large amounts of leverage.His moves have become a market signal of their own, with Wynn taking to X to accuse other market participants of attempting to liquidate him by manipulating price action.They FORCED the $BTC price DOWN to $108,700 ???? [‼️MY EXACT LIQUIDATION PRICE‼️] LUCKILY I WAS NOT SLEEPING OR BUSY AS THEY WOULD HAVE SUCCEEDED ???? I INSTANTLY SAW THE RAPID DUMPING AND WAS FORCED TO START SELLING OFF MY POSITION AS FAST AS I COULD TO LOWER MY LIQUIDATION… pic.twitter.com/lT7Sv38BGQ— James Wynn ???? (@JamesWynnReal) May 27, 2025The latest data from monitoring resource HyperDash shows Wynn’s latest 40X leveraged long BTC position at an unrealized loss of $3.4 million as of May 28.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.
Bitcoin continues to capture investor attention as it navigates a critical phase in its price cycle. Entrepreneur and well-known Crypto Analyst Lark Davis recently shared his perspective on whether the market is nearing its peak or still has room to run. Bitcoin’s May Performance and Current Price Overview Starting May at approximately $94,146, Bitcoin’s price …
Robert Kiyosaki, the famous author of Rich Dad Poor Dad and a well-known financial educator, has issued a strong warning to investors. In a series of viral posts on X, he predicts a severe economic collapse in the U.S., possibly even worse than the Great Depression. His bold prediction? Bitcoin will climb past $1 million …