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Bitcoin price rebound to $110,000 wipes out a $1 billion short on Hyperliquid

Bitcoin saw a mild bounce during early trading in Asia, rising 3% to briefly touch $110,256 before settling at $109,652, CryptoSlate data showed. This uptick followed a weekend pullback from recent record highs. Market analysts suggest that BTCโ€™s price trajectory remains solid, backed by favorable regulatory developments and steady institutional participation. Valentin Fournier, Lead Analyst [โ€ฆ] The post Bitcoin price...

Published on: May 26, 2025 | Source: CryptoSlate favicon CryptoSlate

BTC price seeks $155K 'trigger' โ€”ย 5 things to know in Bitcoin this week

Bitcoin (BTC) bounces back to near fresh all-time highs as a testing macro week unfolds for risk-asset traders.BTC price action dipped below $107,000 before rebounding into the weekly close, as some eagerly anticipate new record highs.US inflation data meets bond market woes this week as the Federal Reserve shows no signs of cutting interest rates.On exchanges, the taker buy/sell ratio is causing concern for analysis...

Published on: May 26, 2025 | Source: Cointelegraph favicon Cointelegraph

OpenAIโ€™s o3 model defied shutdown commands in autonomy test

A new study by AI safety firm Palisade Research has revealed that OpenAIโ€™s o3 model actively defied explicit shutdown instructions. The research, published on May 24, found that o3 was the only artificial intelligence model tested that repeatedly sabotaged its shutdown mechanism. The firm stated: โ€œOpenAIโ€™s o3 model sabotaged a shutdown mechanism to prevent itself [โ€ฆ] The post OpenAIโ€™s o3 model defied shutdown commands...

Published on: May 26, 2025 | Source: CryptoSlate favicon CryptoSlate

Crypto investor loses $2.6M in stablecoins in double phishing scam

A single victim was scammed two times within three hours, losing a total of $2.6 million in stablecoins.According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT), followed by another 1.75 million USDt around three hours later. Cyvers said the scam used a method known as a zero-value transfer, a sophisticated form of onchain phishing.Source: Cyvers AlertZero-value...

Published on: May 26, 2025 | Source: Cointelegraph favicon Cointelegraph

Dogecoin Extends Rally as Whale Accumulation Signals Growing Confidence

The meme cryptocurrency breaks key resistance levels with strong volume, showing resilience as economic uncertainties push investors toward alternative assets.

Published on: May 26, 2025 | Source: CoinDesk favicon CoinDesk

James Wynn, the Trader Who Bet $1B on Bitcoin, Is Now Long Pepe

The pseudonymous trader on Hyperliquid closed their billion-dollar notional position for a $17 million loss over the weekend and is now betting on downside.

Published on: May 26, 2025 | Source: CoinDesk favicon CoinDesk

Bearish Bets on Strategy Look Alluring, Says 10X Research as MSTR Diverges From Bitcoin's Bull Run

Despite bitcoin reaching record highs, MSTR's stock price has stalled, indicating waning investor enthusiasm.

Published on: May 26, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Regains $110K After Weekend Sell-Off; ADA, DOGE Lead Uptick in Crypto Majors

Traders eye renewed upside as President Donald Trump delayed a decision on EU tariffs, with sentiment recovering and options positioning turning bullish again.

Published on: May 26, 2025 | Source: CoinDesk favicon CoinDesk

TRX Surges 1.25% as High-Volume Support Zone Propels Price Higher

Despite global economic tensions, TRX establishes new trading range with significant institutional interest.

Published on: May 26, 2025 | Source: CoinDesk favicon CoinDesk

Rich Dad Poor Dad Author Can't Believe People Arenโ€™t Buying Bitcoin

Kiyosaki says even 0.01 BTC could make you rich in two years, calling Bitcoin the โ€œeasiestโ€ path to wealth.

Published on: May 26, 2025 | Source: Decrypt favicon Decrypt

ChatGPT models rebel against shutdown requests in tests, researchers say

Several artificial intelligence models ignored and actively sabotaged shutdown scripts during controlled tests, even when explicitly instructed to allow the action, Palisade Research claims.Three AI models ignored the instruction and successfully sabotaged the shutdown script at least once during 100 runs, the research firm said in a May 24 X post.OpenAIโ€™s GPT-3 model didnโ€™t follow the shutdown request seven out of 100...

Published on: May 26, 2025 | Source: Cointelegraph favicon Cointelegraph

How the Crypto Industry Is Responding to the CFTCโ€™s Call on Perpetuals

Some of cryptoโ€™s biggest players have weighed in on the CFTC's April request. Hereโ€™s how they think the U.S. can bring perpetuals home.

Published on: May 26, 2025 | Source: Decrypt favicon Decrypt

Ex-NFL Star Tom Brady Returns to Crypto With Investment in AI Startup

Despite losses stemming from FTX's collapse, Brady is getting back into crypto. This time, he's investing in an AI-native fintech startup.

Published on: May 26, 2025 | Source: Decrypt favicon Decrypt

Crypto Investor Charged With Kidnapping, Torturing Man in NYC Over Bitcoin Password

The New York assault is the latest addition in a growing list of violent attempts to steal crypto through physical coercion.

Published on: May 26, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Rebounds as Trump Extends EU Tariff Deadline, US Futures Tick Higher

Bitcoin has climbed back above $109,600 as Trump delays EU tariffs, easing trade tensions and fueling renewed optimism across risk assets.

Published on: May 26, 2025 | Source: Decrypt favicon Decrypt

Tether to issue separate stablecoin for U.S. despite โ€˜getting comfortableโ€™ with the Genius Act, CEO says

Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is โ€œopen toโ€ creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislationโ€”the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of [โ€ฆ] The post Tether to issue separate stablecoin for U.S. despite โ€˜...

Published on: May 25, 2025 | Source: CryptoSlate favicon CryptoSlate

Blockchain security firm releases Cetus hack post-mortem report

Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According to the report, the hackers exploited a flaw in the most significant bits (MSB) check, allowing them to manipulate the values for...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin price expected to soar as global bond markets break โ€” Hereโ€™s why

Key takeaways:Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasuryโ€™s traditional role as a safe-haven asset.Bitcoin defies conventional risk models, rising not despite worsening macro conditions, but possibly because of them.Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic backdrop. Bond yields are surging...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

This Week in Crypto Games: 'Off the Grid' Coming to Steam, Ethereum's 'Ember Sword' Shuts Down

Off the Grid NFT sales are heating up on mainnet ahead of the Steam launch, while Ethereum MMO Ember Sword is officially done.

Published on: May 25, 2025 | Source: Decrypt favicon Decrypt

Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

Key points:Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure.A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD.Bitcoin (BTC) remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Material Indicators co-founder Keith Alan said in a post on X that Bitcoin remains positive as long as it trades above the...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Talking beers, bars, and $80 million losses with SportFi pioneer Chilizโ€™s Max Rabinovitchย 

Itโ€™s not too often that an interview at a crypto conference feels more like meeting a mate for a few beers at a bar. Yet thatโ€™s exactly what speaking with Max Rabinovitch, the Chief Strategy Officer of Chiliz, is like. Unhurried and unpretentious, after the high-octane pace of TOKEN2049 week, it feels good to take [โ€ฆ] The post Talking beers, bars, and $80 million losses with SportFi pioneer Chilizโ€™s Max Rabinovitch...

Published on: May 25, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethereum Surges After Holding $2,477, Fueled by Very Heavy Trading Volume

Ethereum rebounds from $2,477 support on strong ETF inflows and rising volume, as bulls eye a breakout above the $2,530 resistance zone.

Published on: May 25, 2025 | Source: CoinDesk favicon CoinDesk

Strategy's Michael Saylor hints at buying the Bitcoin dip

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22."I only buy Bitcoin with money I can't afford to lose," Saylor wrote to his 4.3 million followers in an X post.The company's most recent purchase of 7,390 BTC on May 19, valued at nearly $765 million, brought Strategy's total holdings to 576,230 BTC.If...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

XRP Plunges Below $2.30 Amid Heavy Selling Pressure

Heavy volume trading creates a double-bottom pattern while institutional interest remains strong despite correction.

Published on: May 25, 2025 | Source: CoinDesk favicon CoinDesk

Why Bitcoin Skepticism Persists Even as Mainstream Adoption Grows: Adam Back

Bitcoin has been embraced by BlackRock and the U.S. government, but skeptics remain. Early Bitcoiner Adam Back shares his take on why.

Published on: May 25, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Drops Below $107.5K as Trump Tariff Threat Triggers Crypto Sell-Off

Bitcoin faces selling pressure after Trumpโ€™s EU tariff warning, with price breaking key support and technicals signaling volatility near $107K.

Published on: May 25, 2025 | Source: CoinDesk favicon CoinDesk

Chart of the Week: Bitcoin Soars, But โ€˜Wen Lamboโ€™ Crowd Is Missing From the Rally

Bitcoin hit new highs, but retail investors remain on the sidelines while institutional money fuels the steady rally.

Published on: May 25, 2025 | Source: CoinDesk favicon CoinDesk

7 Ways to Protect Yourself From Violent Crypto Attacks (Without a Shotgun)

If you own a lot of crypto, hereโ€™s what you need to know about decoy wallets, panic buttons, and "duress protocols."

Published on: May 25, 2025 | Source: Decrypt favicon Decrypt

AI agents are poised to be cryptoโ€™s next major vulnerability

AI agents in crypto are increasingly embedded in wallets, trading bots and onchain assistants that automate tasks and make real-time decisions.Though itโ€™s not a standard framework yet, Model Context Protocol (MCP) is emerging at the heart of many of these agents. If blockchains have smart contracts to define what should happen, AI agents have MCPs to decide how things can happen.It can act as the control layer that...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana Plunges 5% as Midnight Sell-Off Signals Institutional Selling

Institutional investors dump SOL during high-volume trading hour, pushing price below critical $172 support level.

Published on: May 25, 2025 | Source: CoinDesk favicon CoinDesk

Is Worldโ€™s biometric ID model a threat to self-sovereignty?

The crypto industry is no stranger to controversy, yet few projects have drawn more scrutiny than Sam Altmanโ€™s World, formerly known as Worldcoin.Promising to verify human uniqueness through iris scans and distribute its WLD token globally, World positions itself as a tool for financial inclusion. However, critics argue the projectโ€™s biometric methods are invasive, overly centralized, and at odds with the ethos of...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

What's the HYPE about? Hyperliquid's 'Solana' moment eyes 240% gains

Key takeaways:HYPE is mirroring Solanaโ€™s 2021 breakout structure, targeting a 240% rally by July.Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype.Hyperliquid's native token, HYPE, is mirroring a strikingly similar price structure to Solanaโ€™s (SOL) early 2021 breakout โ€” one that preceded a 300% rally.HYPE chart fractal targets 240% rally by JulyIn January 2021, Solana broke out from a...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Pakistan allocates 2,000MW power for Bitcoin mining and AI centers

Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel.In the first phase, the government plans to channel excess power into AI...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K

Key points:Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run.Hyperliquid trader James Wynn goes short BTC after closing a long worth $1.25 billion.Bitcoin (BTC) failed to maintain $108,000 into the May 25 weekly close as price action struggled to shake off new...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto investor charged with kidnapping, torturing an Italian for passwords

A Manhattan crypto investor is facing serious charges after allegedly kidnapping and torturing an Italian man in a disturbing bid to extract access to digital assets.John Woeltz, 37, was arraigned on Saturday in Manhattan criminal court following his arrest on Friday. He stands accused of holding a 28-year-old Italian man captive for weeks inside a luxury townhouse in Soho, reportedly rented for $30,000 per...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph