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What are stablecoin-backed corporate cards and how do they work?

Stablecoin-backed corporate cards are linked to digital wallets holding stablecoins. They facilitate instant currency conversion at the point of purchase.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

SUI Plunges 6% Overnight Before Buyers Step in at $3.40 Support

Market volatility intensified as geopolitical tensions and protocol recovery efforts create conflicting signals for traders

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Stablecoins Boost Treasury Bill Demand, Reflect Dollar Dominance, Citi Says

As stablecoin usage grows, so does the demand for short-term U.S. Treasuries, the report said.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

AI Crypto Livepeer Explodes 150% on Upbit Listing

The surge happened while other artificial intelligence-focused crypto tokens declined with bitcoin and the broader market.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

CoinDesk 20 Performance Update: NEAR Drops 5.4% as Almost All Assets Trade Lower

Polkadot (DOT) was also among the underperformers, falling 5.3% from Thursday.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate

Bitcoin’s difficulty is projected to rise over 4% to a record 126.95T as hashrate nears an all-time high despite low transaction fees.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Stellar's Midnight Mayhem: XLM Plunged 6% on High-Volume Despite Rain Integration

Stellar's integration with Rain signals progress toward mainstream adoption.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Meet SharpLink: The MicroStrategy of Ethereum

MicroStrategy burst onto the crypto scene in 2020 with a bold Bitcoin plan. Now SharpLink wants to do the sameβ€”but with Ethereum. Here’s what you need to know.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Stripe Explores Bank Partnerships on Stablecoins as Payments Importance Grows, Says Company President

The payments firm recently introduced stablecoin accounts for its users, while its recent acquisition Bridge rolled out a USDC token.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Downside Insurance on BlackRock's Spot Bitcoin ETF is Now Pricer Than Bullish Bets

IBIT fell 1.32% to $59.99 on Thursday.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

DeepSeek’s new model a β€˜step backward’ for free speech: AI dev

DeepSeek’s latest AI model flags Xinjiang camps as human rights violations but censors direct criticism of China, raising concerns over contradictions and increased censorship.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Cash Slumps 4% as $400 Support Faces Heavy Selling Pressure

Bitcoin Cash falls 4% as it tests the $400 support level, with a descending channel pattern and resistance at $414-$415 challenging recovery efforts.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Digital euro, not MiCA, key to managing crypto risks: Bank of Italy chief

MiCA has had a limited impact on the adoption of compliant stablecoins in Europe, strengthening the need for the digital euro, Bank of Italy Governor Fabio Panetta said.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

James Wynn Goes Long on PEPE Hours After Losing $100M on Leveraged Bitcoin Bet

The pseudonymous Wynn either has a serious gambling addiction or is a marketing account drawing eyes to Hyperliquid, X users debate.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin, Ethereum Dip as Trump Tariffs Back on the Table

Bitcoin’s drop reflects repositioning as tariff uncertainty rises, though sentiment may rebound if clarity returns, analysts told Decrypt.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

SEC crypto staking guidance β€˜major step forward’ for US: Crypto Council

The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way for potential ETF staking approval.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Sui community passes vote to repay $162M to Cetus exploit victims

Sui validators voted to return $162 million in frozen assets from the Cetus exploit, enabling a full recovery and restart plan for impacted users.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto Daybook Americas: Bitcoin Slips as Tariff Ruling Reversal Rattles Markets

Your day-ahead look for May 30, 2025

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

ATOM Faces High Volatility Amid Notable Price Swings

Cosmos' ATOM swings amid geopolitical tensions and evolving trade policies. Investors watch support at $4.45 and resistance near $4.48.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

Tron's TRX Faces Rising Risk of Bearish Momentum After High-Volume Drop to 27 Cents

High trading volume points to potential further downward pressure on TRX prices.

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

SUI Plunges 9% Amid Flash Crash and Extraordinary Selling Volume

Sui token stabilizes around $3.43 after dramatic midnight selloff and recovery pattern forms

Published on: May 30, 2025 | Source: CoinDesk favicon CoinDesk

How low can the Bitcoin price go?

Bitcoin has dropped 10% since its latest all-time highs β€” how much lower could BTC price action go before setting a local bottom?

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin bull market 'great validator' comes as James Wynn loses $100M

Bitcoin is seeing increasing profit-taking, new research confirms, while Hyperliquid’s Wynn joined those liquidated during the latest 10% BTC price retreat.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

The New York Times Strikes AI Content Licensing Deal With Amazon

The agreement, the newspaper’s first AI-focused licensing deal, will see its content used across Alexa and Amazon’s AI training models.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Why is the crypto market down today?

The cryptocurrency market is down today due to renewed fears over stalled US-China trade talks, significant long liquidations, and a weak technical structure.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin eyes β€˜healthy pause’ around $106K before price picks up steam

Bitcoin’s consolidation will give β€œthe market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.

Published on: May 30, 2025 | Source: Cointelegraph favicon Cointelegraph

Coinbase to Open New San Francisco Office After Dropping HQ Model

Coinbase has leased a major office in San Francisco, marking a return roughly three years after dropping its headquarters model.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Paris Saint-Germain Confirms it Holds Bitcoin as it Heads to Champions League Final

Paris Saint-Germain has become the first major sports club to hold Bitcoin as it seeks a longer-term commitment with the industry.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Central African Republic to Tokenize Land Using National Solana Meme Coin

Central African Republic will tokenize over 1,700 hectares of land using its national meme coin $CAR, President TouadΓ©ra said Thursday.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

HyperLiquid Trader Liquidated for $100 Million After Bitcoin Bet Unravels

A highly leveraged Bitcoin position on Hyperliquid was liquidated for over $100 million on Thursday, despite the asset's limited movement.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

US Sanctions Filipino Tech Company for Aiding $200M in Crypto Scams

The Treasury Department's Office of Foreign Assets Control imposed sanctions on Funnull Technology and its administrator for enabling global fraud schemes.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

SEC Says Crypto Staking Not Subject to Securities Laws

The SEC said Thursday certain staking practices are not classified as securities transactions, ending years of uncertainty.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Ross Ulbricht Speaks at Bitcoin 2025: 'You Didn’t Forget Me'

Ulbricht called for unity in the crypto community saying its now more "important than ever to stay true to our principles."

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt

Ethereum Games 'Realms of Alurya' and 'Wonder Wars' Latest to Go Offline

Realms of Alurya and Wonder Warsβ€”both building on Ethereum network Roninβ€”are the latest crypto games to go offline in a grim, growing trend.

Published on: May 30, 2025 | Source: Decrypt favicon Decrypt