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FTX starts $5B payouts β€” Here’s what you need to know

The payouts to FTX creditors have sparked both controversy and speculation that the payouts could be reinvested back in the crypto markets.

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

Brazilian Fintech MΓ©liuz Launches Share Offering to Stack More Bitcoin

Cashback company MΓ©liuz saw its stock tumble 8% as it announced plans to raise capital for Bitcoin buys, mirroring Strategy's approach.

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

Bitcoin β€˜supply shock’ could amplify price in coming months β€” Sygnum

Institutional demand for Bitcoin and increasing regulatory clarity are positive factors for Bitcoin in 2025, head of research Katalin Tischhauser says.

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

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […] The post REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC...

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

Trump's Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee

Jamie Raskin, the ranking Democrat on the House panel overseeing the legal system, asked the president to produce the guest list of his private event.

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

Public Keys: GameStop Bitcoin Flop, BlackRock ETF Euphoria and Metaplanet's Sprint

GameStop saw its stock flop after spending $500 million on BTC, and BlackRock's iShares Bitcoin Trust is on track to complete a record month.

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

Ethereum’s Pectra update meets expectations, edges closer to Fusaka

Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report. The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are […] The post Ethereum’s Pectra update meets expectations, edges closer to Fusaka...

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

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as β€œpig butchering,” which defrauded American victims of over $200 million. The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, […] The post US Treasury sanctions...

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

Bitcoin falls below $104K, but data shows BTC traders positioned for a rebound

Bitcoin sells off amid mounting macroeconomic uncertainty, but data shows pro traders clinging to their bullish price expectations.

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

Elon Musk Pivots From DOGE to SpaceX Mars Plan, Eyeing Self-Sustaining Colony by 2029

After exiting DOGE, Musk renews his focus on SpaceX and Mars, calling colonization key to humanity’s survival.

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

For Bitcoin 2025, the word of the day was β€˜freedom’

From Ross Ulbricht's first significant public appearance to Strategy’s Michael Saylor addressing the crowd, the focus of the Bitcoin conference was often on individual liberty.

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

Brazilian MΓ©liuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%

Brazilian company MΓ©liuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track β€œautomatic” registration channel for professional investors. […] The post Brazilian MΓ©liuz announces $26M...

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

Crypto Liquidations Spike Above $800 Million as Bitcoin, Dogecoin and Ethereum Fall

Bitcoin nearly touched $104K and crypto prices are broadly down Friday, yielding a surge in liquidations on long positions.

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

FTX Repayments May Have Positive Market Impact: Coinbase

Creditor payments via BitGo and Kraken are expected within three business days amid shifting market conditions.

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

Bitcoin price rally driven by macroeconomic headwinds, not just spot BTC ETF flows β€” Analyst

Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC.

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

Czech Justice Minister resigns after selling $45M Bitcoin gift from convict

Czech Justice Minister Pavel BlaΕΎek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 […] The post Czech Justice Minister resigns after selling $45M Bitcoin gift...

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

CRO ETF? Canary Capital Files for US Cronos Fund as Altcoin Interest Intensifies

Canary's move to expose U.S. investors to Cronos (CRO) comes soon after Crypto.com revealed a Trump Media team-up.

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

MEXC exchange detects 200% surge in fraudulent activity in Q1

MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users.

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

Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion

Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […] The post Coinbase adds 24/7 trading for XRP and Solana...

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

Sui vote on $162M frozen Cetus funds sparks decentralization debate: Finance Redefined

DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit.

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

Judge Declines to Order DOJ to Review Records in Roman Storm Case

The Tornado Cash developer is slated to go on trial later this summer.

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

Trump Media Raises $2.4 Billion to Launch Bitcoin Treasury

Trump Media's planned Bitcoin acquisition could make the president’s company one of the biggest holders of BTC on Wall Street.

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

Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up

The crypto market wobbled after Trump accused China of violating a tariff truce.

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

Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment

Trump Media & Technology Group confirmed the close of a $2.44 billion private placement on May 29 to fund a sweeping Bitcoin (BTC) treasury strategy. The deal, involving approximately 50 institutional investors, includes the sale of 55.9 million shares of common stock at $25.72 per share and $1 billion in 0% convertible senior secured notes […] The post Trump Media aims for top Bitcoin holder status after closing...

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

Crypto op-eds: How opinions can shape Web3 thought and policy

In the latest episode of Decentralize with Cointelegraph, experts break down how crypto op-eds are influencing public perception, policy and the future of Web3 storytelling.

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

AVAX Slides 7%, Hits Strong Resistance at $22.35 Level

A county in New Jersey recently announced that it would use the Avalanche blockchain to digitize all property deeds.

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

Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise

The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.

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

Is Crypto Over? + OSF talks Brand Coins!

Is Crypto Over? + OSF talks Brand Coins! - FOMO HOUR EP368 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET...

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

Spot Bitcoin ETFs Broke 10-Day Inflow Streak With $358M of Outflows Thursday: JPMorgan

U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM).The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock’s iShares Bitcoin Trust (IBIT) attracting a net inflow. IBIT gathered in a net $125...

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

AI-powered OSINT tool profiles YouTube users, raising privacy concerns

An OSINT platform, Lolarchiver, offers AI-powered tools that can rapidly profile YouTube commenters based on their activity, raising major privacy and legal concerns.

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

Centralized AI threatens a democratic digital future

The decentralized AI industry has a chance to carve out market share, but it will need to prove its security and usefulness. Centralized AI’s dominance risks privacy, transparency and ethical standards.

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

TON Plunges 6% Before Staging Recovery Amid Global Tensions

The token found critical support in the $3.22-$3.24 range.

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

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