Echo Protocol pauses bridge after attacker mints $76M eBTC
Bitcoin-focused DeFi platform Echo Protocol has suffered an exploit after an attacker minted roughly 1,000 unauthorized eBTC tokens on the protocol’s Monad deployment. Blockchain security firm PeckShield and on-chain analytics platform Lookonchain reported on Tuesday that the attacker generated around…
Crypto Stocks Coming to Wall Street
The U.S. Securities and Exchange Commission (SEC) is reportedly preparing to roll out an "innovation exemption" as soon as this week, greenlighting the trading of tokenized versions of public company stocks on decentralized platforms.
Two More Developers Depart from Ethereum Foundation
The Ethereum Foundation (EF) continues to see the departure of key personnel. On May 18th, researchers Carl Beek and Julian Ma announced their exit from the organization. Both decisions were voluntary. The developers penned farewell messages on X. Beek will leave the organization at the end of the month. He has worked at EF for seven years, contributing to the creation of the Ethereum Beacon Chain and improving network throughput and execution. “The strength of Ethereum lies and will always lie in the people behind it, striving to make it what it is. I am grateful for these years spent among you. What’s next: I’m not sure yet,” he wrote. Ma spent four years in the organization’s research and product department. He was involved in designing network economics and scaling. The developer co-authored a proposal to enhance privacy FOCIL and led the launch of the fast confirmation mechanism, which accelerates transfers between L1 and L2. “Why did I leave? For the first three years at EF, I was engaged in market design research. In the last year, I focused on product work and growth. I really enjoy this area and want to move further in this direction,” Ma explained his decision. The Disintegration of Ethereum Foundation Beek and Ma’s departures continue a series of resignations at EF. In recent months, several prominent ecosystem members have left the foundation. In early May, leading developers Barnabé Monnot and Tim Beiko left the Protocol team, while Alex Stokes took a creative break. Temporary managers have been appointed in their places. In April, team manager Josh Stark announced his departure. In February, Tomasz Stanczak resigned from his position as co-executive director, having served for less than a year. Some specialists have moved to external projects. Back in March, the Ethereum Foundation team promised to prepare the network for quantum protection by 2029.
SEC proposal could open crypto markets to tokenized public stocks
The U.S. Securities and Exchange Commission has reportedly prepared an “innovation exemption” that could allow blockchain platforms to offer tokenized versions of publicly traded stocks, including tokens issued without direct approval from the underlying companies. Bloomberg reported on Monday, citing…
Capital B Buys 192 BTC After $20M Raise as Treasury Strategy Accelerates
French bitcoin treasury firm Capital B has acquired 192 BTC after completing a series of capital raises totaling roughly $20 million (€17 million). The company now holds more than 3,100 bitcoin as it deepens its treasury-focused strategy. Adam Back Joins Capital B Funding Round as Company Accelerates BTC Strategy Capital B, the French company formerly […]
WLFI-linked AI Financial warns it may not survive next 12 months after losses balloon to $271 million
AI Financial's potential collapse highlights the volatility and risks associated with heavy reliance on cryptocurrency assets. The post WLFI-linked AI Financial warns it may not survive next 12 months after losses balloon to $271 million appeared first on Crypto Briefing.
SEC’s Blockchain Trading Rule Could Transform Stock Markets This Week
The SEC may approve blockchain-based tokenized stock trading this week, allowing third parties to digitize shares without company consent—but not everyone agrees. The post SEC’s Blockchain Trading Rule Could Transform Stock Markets This Week appeared first on Blockonomi.
Swan Bitcoin faces $970M lawsuit over Prime Trust collapse
Swan Bitcoin faces $970M Prime Trust lawsuit over 11,994 BTC, cash, stablecoins and XRP allegedly moved before bankruptcy in 2023 in courts.
Ethereum Foundation sees 2 more high-profile departures
Ethereum Foundation researchers Julian Ma and Carl Beek have resigned, bringing the total number of major departures from the nonprofit to at least eight in 2026.
Republican lawmakers call for permanent CBDC ban as House vote approaches
Tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate.
Ethereum (ETH) Whale Accumulation Surges as Bitmine Adds $150M in Fresh Holdings
Bitmine acquires 71,672 Ethereum (ETH) tokens, expanding holdings to $11B. Veteran whale returns as ETH tests critical $2,108 support level. The post Ethereum (ETH) Whale Accumulation Surges as Bitmine Adds $150M in Fresh Holdings appeared first on Blockonomi.
Kevin Warsh Fed swearing-in tests fading rate-cut hopes
Kevin Warsh takes over the US Fed as rate-cut odds fall with crypto markets watching June policy and CFTC seats before the CLARITY Act vote.
South Korea’s KB Financial Completes Stablecoin Pilot As Lawmakers Press For Regulatory Framework
South Korea’s KB Financial has completed a Proof-of-Concept (PoC) for won-denominated stablecoin as lawmakers and experts push to advance the country’s digital asset framework. Related Reading: Hacker Drains $11.58 Million From Verus-Ethereum Bridge KB Stablecoin Pilot Cuts Fees, Speeds Transfers On Sunday, KB Financial Group, the parent company of South Korea’s largest bank, announced that […]
Ethereum Foundation in Turmoil: Why Key Developers Are Leaving in Droves
Carl Beek and Julian Ma resign from Ethereum Foundation, joining a wave of high-profile departures. What's behind the exodus and restructuring? The post Ethereum Foundation in Turmoil: Why Key Developers Are Leaving in Droves appeared first on Blockonomi.
UK unemployment unexpectedly rises to 5% amid Iran war pressures
Rising UK unemployment amid geopolitical tensions signals potential economic instability, challenging growth forecasts and policy responses. The post UK unemployment unexpectedly rises to 5% amid Iran war pressures appeared first on Crypto Briefing.
Echo Protocol pauses bridge after attacker mints $76M eBTC
Bitcoin-focused DeFi platform Echo Protocol has suffered an exploit after an attacker minted roughly 1,000 unauthorized eBTC tokens on the protocol’s Monad deployment. Blockchain security firm PeckShield and on-chain analytics platform Lookonchain reported on Tuesday that the attacker generated around…
Bitcoin (BTC) Faces Critical Test at $76K as Institutional Money Exits
Bitcoin (BTC) tests $76K support after losing streak. Iran's $2M BTC transit program, $1.07B outflows, and $600M liquidations pressure the market. The post Bitcoin (BTC) Faces Critical Test at $76K as Institutional Money Exits appeared first on Blockonomi.
Ethereum Foundation loses 2 researchers as exits grow
Ethereum Foundation exits grow as Carl Beek and Julian Ma resign, adding pressure to Protocol Cluster changes and Ethereum roadmap work now.
Brazil’s Banking Giant Bradesco Enters the Crypto Custody Race
The bank, which is currently the third largest financial institution in Brazil, confirmed that it had found a partner to enter the cryptocurrency custody business, including stablecoins. Bradesco’s head of innovation also indicated that the bank had an internal structure dedicated to digital assets. Bradesco Announces Future Launch of Cryptocurrency Custody Services Traditional financial institutions […]
Major XRP Breakout Brewing as Bollinger Bands Reach Extreme Compression
Will the token finally break out of its prolonged consolidation phase?
Minnesota crypto custody law lets banks hold assets from Aug. 1
Minnesota crypto custody law lets banks and credit unions hold digital assets from Aug. 1, as the state crypto ATM ban also starts that day.
ECHO Token Crashes Double Digits After Massive Echo Protocol Exploit
Echo Protocol halted cross-chain transactions while investigators examined the massive exploit.
SEC to make ‘innovation exemption’ for tokenized stock trading: Report
Several SEC officials reportedly didn’t support the decision, while tokenization platform Securitize flagged risks with enabling third-party platforms to issue tokenized stocks.
About 10% of Americans used crypto in 2025, highest level since 2022: Fed
Among those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages.
XRP Rally On The Radar: ‘Violent Price Expansion’ May Be Near As Bollinger Bands Tighten
XRP is experiencing increased price pressure, mirroring the broader crypto market’s drop, with the token falling 6% over the past week. This pullback has forced XRP to lose the $1.40 support level for now. Despite this recent weakness, market analyst Ali Martinez posted on X (formerly Twitter) that a technical setup is forming on XRP’s […]
Ripple CTO Explains XRPL Hard Forks
Ripple Chief Technology Officer David Schwartz has addressed concerns over the XRP Ledger's (XRPL) frequent "technical hard forks."
SEC Prepares to Allow Trading Tokenized Stocks on Crypto Platforms
The US Securities and Exchange Commission is ready to roll out a plan to enable the trading of crypto versions of securities.
Tether Backs LemFi in Strategic Investment to Supercharge Migrant Remittances
The stablecoin giant announced an undisclosed investment in LemFi, a migrant-focused remittance-based platform that allows users to send and receive money across 30 countries. The investment will support LemFi’s integration of USDT across its product suite, delivering faster and cheaper services to its customers. Stablecoin Behemoth Tether Invests in Remittance Platform LemFi Stablecoins have become […]
Redis launches Iris, a context and memory platform for AI agents
Redis' Iris could accelerate enterprise AI adoption by bridging data retrieval gaps, enhancing efficiency, and reducing infrastructure costs. The post Redis launches Iris, a context and memory platform for AI agents appeared first on Crypto Briefing.
NASDAQ leads losses as investors book profits amid rising yields
Rising yields prompt a strategic shift in investor behavior, impacting tech valuations and delaying anticipated rate cuts, affecting broader markets. The post NASDAQ leads losses as investors book profits amid rising yields appeared first on Crypto Briefing.
Polymarket faces scrutiny as nearly 20% of dispute judges have financial ties to the bets they decide
The scrutiny of Polymarket's dispute process highlights potential conflicts of interest, raising concerns about fairness and transparency in prediction markets. The post Polymarket faces scrutiny as nearly 20% of dispute judges have financial ties to the bets they decide appeared first on Crypto Briefing.
Ether pullback was ‘attractive opportunity’ for 71,672 ETH buy: Bitmine’s Lee
Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year.
Echo Protocol's eBTC exploited for $77M in admin key compromise
The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC.
Kraken Slashes 150 Roles While Ramping Up AI Efficiency Measures
Kraken’s plan to go public in the US may have to wait until 2027. The crypto exchange, formally known as Payward, laid off about 150 workers last week, a move that has pushed back its initial public offering timeline by at least a year, Bloomberg reported, citing a person familiar with the matter. Related Reading: […]
Trump calls off planned strike on Iran after Gulf allies’ appeal
The decision to pause military action highlights the delicate balance between diplomacy and conflict, impacting global markets and regional stability. The post Trump calls off planned strike on Iran after Gulf allies’ appeal appeared first on Crypto Briefing.
30-year US Treasury yield hits 5.1%, highest since July 2007
Rising long-term yields could tighten liquidity, increase borrowing costs, and challenge risk assets, impacting economic growth and investment. The post 30-year US Treasury yield hits 5.1%, highest since July 2007 appeared first on Crypto Briefing.
‘Short-Term Noise’: Why Tom Lee Predicts a Massive Ethereum Rebound in 2026
The analyst believes that one of the reasons ether has been under selling pressure is linked to the conflict in the Middle East and the subsequent rise in oil prices. To Lee, this is “short tactical noise,” and prices should be stronger later this year. Fundstrat’s Tom Lee Predicts Stronger ETH Prices After Middle East […]
Trump indicates US may accept Iran deal if Gulf allies support terms
The US's conditional stance on Iran could lead to fragmented Gulf diplomacy, increasing regional uncertainty and impacting global oil markets. The post Trump indicates US may accept Iran deal if Gulf allies support terms appeared first on Crypto Briefing.
Jim Cramer recommends Micron as a buying opportunity after selloff
Micron's strategic positioning in AI infrastructure could drive long-term growth, but market volatility and competition pose significant risks. The post Jim Cramer recommends Micron as a buying opportunity after selloff appeared first on Crypto Briefing.
Coinbase Exchange schedules system upgrade for May 23
Coinbase's system upgrade reflects its strategic push towards becoming an "Everything Exchange," potentially reshaping crypto trading dynamics. The post Coinbase Exchange schedules system upgrade for May 23 appeared first on Crypto Briefing.
Goldman Sachs Exits XRP and SOL ETF Positions in Q1 2026
Goldman simultaneously increased exposure to crypto infrastructure firms like Circle, Coinbase, and Galaxy Digital.
Bitcoin Retail Activity Hits Record Low As Binance Inflows Plunge
On-chain data shows the retail-sized Bitcoin inflows to Binance have declined to historically low levels, a sign that small traders have left the market. Bitcoin Binance Retail Inflows Have Dropped To Just 314 BTC As pointed out by CryptoQuant author Darkfrost in an X post, the Bitcoin inflows going from retail investors to Binance have […]
Circle advocates for programmable money as foundation for AI-driven commerce
Circle's AI-driven commerce initiative could revolutionize digital transactions, potentially increasing USDC's usage and reshaping stablecoin infrastructure. The post Circle advocates for programmable money as foundation for AI-driven commerce appeared first on Crypto Briefing.
Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint
Berkshire's investment in Macy's highlights potential undervaluation in retail real estate, influencing investor perceptions and market dynamics. The post Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint appeared first on Crypto Briefing.
Two foreign nationals charged in Trump Bucks fraud scheme that targeted elderly supporters
The case highlights the vulnerability of political supporters to fraud and signals increased DOJ efforts to tackle cross-border scams. The post Two foreign nationals charged in Trump Bucks fraud scheme that targeted elderly supporters appeared first on Crypto Briefing.
Ohio man sentenced to 9 years for $10M crypto Ponzi scheme
This case highlights the persistent risks in crypto investments, emphasizing the need for investor vigilance and regulatory oversight to prevent fraud. The post Ohio man sentenced to 9 years for $10M crypto Ponzi scheme appeared first on Crypto Briefing.
Hyperliquid negotiates deal to capture 90% of Circle’s USDC reserve yield for HYPE buybacks
Hyperliquid's deal could reshape DeFi dynamics, highlighting potential risks and rewards of relying heavily on stablecoin reserve yields. The post Hyperliquid negotiates deal to capture 90% of Circle’s USDC reserve yield for HYPE buybacks appeared first on Crypto Briefing.
Bitcoin And Ethereum Hit By $2.2B In Sell Pressure: Analyst Explains Coordinated Market Selloff
Bitcoin has lost the $78,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has reversed weeks of carefully built recovery momentum. The decline is not gentle — and a CryptoQuant analysis tracking Binance order flow has identified the specific mechanics behind the move that separate this sell-off from routine […]
Potential A16z-Linked Wallet Stacks $90.87M in HYPE Across 34 Days
A wallet onchain linked to venture capital firm a16z (Andreessen Horowitz) by Lookonchain has quietly accumulated 2.11 million HYPE tokens worth approximately $90.87 million since April 14. Smart Money Bets on Hyperliquid Dip Blockchain analytics firm Lookonchain flagged that wallet 0xb5E4, whose funding history and transaction patterns have led multiple analysts to associate it with […]
SEC prepares plan for trading tokenized stocks this week
The SEC's move towards tokenized stocks could revolutionize trading with 24/7 markets and faster settlements, but risks fragmentation and custody challenges. The post SEC prepares plan for trading tokenized stocks this week appeared first on Crypto Briefing.
Kevin M. Warsh to be sworn in as Federal Reserve chair on Friday
Warsh's leadership may signal prolonged high interest rates, impacting global markets and potentially challenging speculative asset valuations. The post Kevin M. Warsh to be sworn in as Federal Reserve chair on Friday appeared first on Crypto Briefing.
Asia dominates stablecoin payments, accounting for two-thirds of volume
Asia's stablecoin dominance highlights a shift towards practical crypto applications, potentially reshaping global financial ecosystems. The post Asia dominates stablecoin payments, accounting for two-thirds of volume appeared first on Crypto Briefing.
Goldman Sachs outlines hedging strategies amid AI trade momentum
AI trade concentration risks highlight the need for diversified strategies to mitigate potential market volatility and protect investments. The post Goldman Sachs outlines hedging strategies amid AI trade momentum appeared first on Crypto Briefing.
Google to unveil AI breakthroughs at Google I/O 2026 livestream
Google's AI advancements could redefine tech industry standards, impacting governance, security, and the integration of AI in blockchain. The post Google to unveil AI breakthroughs at Google I/O 2026 livestream appeared first on Crypto Briefing.
The XRP Asian Breakout: Japan And South Korea Lead The Charge
SBI Group is reportedly planning to list a combined Bitcoin and XRP exchange-traded fund on the Tokyo Stock Exchange, with a target of $32 billion in assets under management within three years of launch. Japan’s Financial Services Agency is already reviewing crypto assets more seriously as financial instruments, according to reports. The development signals a […]
Crypto Wallet Transfers Anchor $13 Million Federal Fraud Case
An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending. Support Impersonation Scheme Led to Crypto Wallet Losses The Department of Justice (DOJ) announced on May 11 that […]
Sky ecosystem becomes first DeFi protocol to receive an S&P credit rating
The S&P credit rating for Sky Protocol could pave the way for increased institutional investment in DeFi, despite inherent risks. The post Sky ecosystem becomes first DeFi protocol to receive an S&P credit rating appeared first on Crypto Briefing.
UK’s FCA and Bank of England outline vision for tokenisation in wholesale markets
The UK's regulatory focus on tokenisation could position it as a global leader in digital finance, enhancing market efficiency and innovation. The post UK’s FCA and Bank of England outline vision for tokenisation in wholesale markets appeared first on Crypto Briefing.
Tuttle files for Magnificent 10 ETF, adding AMD, Broadcom, and Palantir to the mix
Expanding the Magnificent 7 to 10 reflects growing confidence in tech and AI sectors, potentially reshaping investment strategies and market dynamics. The post Tuttle files for Magnificent 10 ETF, adding AMD, Broadcom, and Palantir to the mix appeared first on Crypto Briefing.
SEC to release innovation exemption for third-party tokenized shares as soon as this week: Report
The SEC's move could redefine stock trading, raising concerns about market fragmentation and investor protection in decentralized finance. The post SEC to release innovation exemption for third-party tokenized shares as soon as this week: Report appeared first on Crypto Briefing.
Standard Chartered Sees $4T in Tokenized Assets Moving On-Chain by 2028
Standard Chartered expects DeFi protocols to gain importance as $4 trillion in tokenized assets move on-chain. The bank says stablecoins and real-world assets could expand protocol activity through deposits, lending, and capital efficiency. Tokenized Assets Put DeFi Protocols in Focus Standard Chartered Bank forecast in a report published on May 18 that tokenized assets on […]
Zerohash secures first EMI license under MiCA for stablecoin services across Europe
Zerohash's EMI license under MiCA could centralize stablecoin services in Europe, enhancing regulatory compliance and market stability. The post Zerohash secures first EMI license under MiCA for stablecoin services across Europe appeared first on Crypto Briefing.
IAEA confirms power restored to Barakah Unit 3 after drone strike hits UAE nuclear plant
The drone strike on Barakah highlights vulnerabilities in nuclear security, potentially escalating regional tensions and prompting defense reviews. The post IAEA confirms power restored to Barakah Unit 3 after drone strike hits UAE nuclear plant appeared first on Crypto Briefing.
Trump postpones planned military attack on Iran scheduled for tomorrow
The postponement opens a brief diplomatic window, but uncertainty looms, potentially impacting global markets and geopolitical stability. The post Trump postpones planned military attack on Iran scheduled for tomorrow appeared first on Crypto Briefing.
Elon Musk loses lawsuit against OpenAI and Sam Altman over claims of unjust enrichment
The verdict clears OpenAI's path for growth, leaving unresolved debates on its mission shift and reinforcing procedural diligence in legal claims. The post Elon Musk loses lawsuit against OpenAI and Sam Altman over claims of unjust enrichment appeared first on Crypto Briefing.
TXSE Leadership Shift Sparks Blockchain Boom in Texas Markets
The finance world is buzzing with news of fresh leadership at TXSE. This move brings top talent from Jane Street together with deep blockchain know-how and strong roots in the Dallas Fort Worth area. Why This Leadership Change Matters Good […] The post TXSE Leadership Shift Sparks Blockchain Boom in Texas Markets appeared first on Blockmanity.
US extends Russian oil sanctions waiver in bid to tame fuel prices
The waiver's extension aims to stabilize energy markets, impacting inflation and monetary policy, while balancing geopolitical tensions. The post US extends Russian oil sanctions waiver in bid to tame fuel prices appeared first on Crypto Briefing.
Meta Platforms to lay off 8,000 employees this week
Meta's workforce reduction and AI shift may boost efficiency but risk regulatory challenges if AI content moderation fails. The post Meta Platforms to lay off 8,000 employees this week appeared first on Crypto Briefing.
Binance Inflow Data Explains The Mechanics Behind Ethereum Weakness – Details
Ethereum has lost the $2,150 level as selling pressure reasserts itself, and the market faces a wave of uncertainty that has erased weeks of cautious recovery. The decline has a specific origin that CryptoQuant data has now made visible — and understanding it changes how the current weakness should be interpreted and what it might […]
Nine Polymarket Accounts Flagged After 98% Win Rate on Iran Strikes
Nine linked Polymarket accounts earned over $2.4 million with an unprecedented 98% win rate by betting on the exact timing of U.S. military operations in Iran. The Rise of Geopolitical Betting Nine linked accounts on the prediction platform Polymarket earned more than $2.4 million by wagering almost exclusively on the timing of U.S. military actions […]
Ethereum (ETH), Shiba Inu (SHIB), Bitcoin (BTC), XRP and Hyperliquid (HYPE) Price Analysis for May 19th: Volatility Is Back on Menu
The surge of volatility on the market was expected, but the rising intensity of the selling pressure is the last thing this market needed.
Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?
Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000.
Galaxy Digital wins New York BitLicense
Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Galaxy Digital announced on May 18 that the New York State Department of Financial Services granted its subsidiary GalaxyOne Prime NY both…
US rejects latest Iranian peace proposal ahead of situation room meeting
The rejection of Iran's proposal may heighten geopolitical tensions, impacting global oil markets and complicating diplomatic resolutions. The post US rejects latest Iranian peace proposal ahead of situation room meeting appeared first on Crypto Briefing.
Trump secures major trade and investment deals during China trip
The deals could boost US exports and strengthen economic ties, but past unmet commitments suggest cautious optimism is warranted. The post Trump secures major trade and investment deals during China trip appeared first on Crypto Briefing.
Iran escalates military action amid US conflict, peace prospects dim
The escalation risks destabilizing regional security and economic stability, with diminished prospects for diplomatic resolutions or peace deals. The post Iran escalates military action amid US conflict, peace prospects dim appeared first on Crypto Briefing.
Report: Tokenized US Stocks Get New Regulatory Framework as SEC Prepares Exemption Release
The U.S. Securities and Exchange Commission (SEC) is expected to release an innovation exemption for tokenized stocks as soon as this week, according to people familiar with the matter speaking with Bloomberg. SEC Innovation Exemption Signals Major Shift for Onchain U.S. Equity Trading in 2026 The exemption creates a new framework for trading tokens that […]
Revolut launches first physical crypto card
Revolut launched its first physical crypto card on May 18, a Dogecoin-themed LED card for the UK and EEA. Revolut announced on May 18 that it is launching its first physical crypto card, a Dogecoin-themed debit card with an LED…
Citi strikes €15B partnership with BlackRock for private lending across Europe and Middle East
This partnership highlights the growing trend of banks leveraging private credit firms to manage risk, potentially reshaping lending dynamics. The post Citi strikes €15B partnership with BlackRock for private lending across Europe and Middle East appeared first on Crypto Briefing.
US reportedly agrees to ease sanctions on Iran amid mediation efforts
Easing sanctions on Iran could stabilize oil markets, reduce inflationary pressures, and improve global economic and geopolitical sentiment. The post US reportedly agrees to ease sanctions on Iran amid mediation efforts appeared first on Crypto Briefing.
Galaxy secures New York BitLicense to expand institutional crypto services
The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets.
Odds against rate cuts high as new US Fed chair set for swearing in
Many experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates.
HYPE Jumps On Bitwise’s Hyperliquid ETF Move—Galaxy Secures BitLicense In NY
The entire crypto market opened the week on a turbulent note, with Bitcoin (BTC) giving back about 6% over the past seven days. Even with the broader market’s pullback, Hyperliquid’s native token, HYPE, stood out from the competition. HYPE Jumps On Bitwise’s 10% Fee-To-Token Plan One of the key drivers behind the altcoin’s Monday strength […]
Bitcoin Bull Market Confirmation Will Be Completed Once This Level Is Reclaimed, Analyst
Bitcoin’s latest rebound has reached an important point on the 2-week chart, where analyst Crypflow says the next bull market confirmation will begin to take shape. His analysis focuses on the 21 WMA and 21 SMA ribbon, a moving-average structure that has repeatedly separated Bitcoin’s major bull and bear phases across past cycles. The Bitcoin […]
Bitcoin and Hyperliquid hit new all-time highs amid market rally
Bitcoin's surge highlights renewed market confidence, potentially influencing future investment strategies and regulatory considerations. The post Bitcoin and Hyperliquid hit new all-time highs amid market rally appeared first on Crypto Briefing.
Mike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs
Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset services to institutions across New York State. Galaxy Scores New York’s Bitlicense Galaxyone Prime NY, the Galaxy entity designated to serve New York clients, received […]
Solana surpasses all L1 and L2 chains in tokenized stock trading volume for 50th week
Solana's dominance in tokenized stocks highlights potential risks of market concentration and regulatory challenges impacting future stability. The post Solana surpasses all L1 and L2 chains in tokenized stock trading volume for 50th week appeared first on Crypto Briefing.
Dell secures 5,000 clients for AI servers powered by Nvidia
Dell's AI server growth highlights a shift towards integrated AI solutions, but faces risks of commoditization and market saturation challenges. The post Dell secures 5,000 clients for AI servers powered by Nvidia appeared first on Crypto Briefing.
China faces economic instability amid local government debt crisis
China's local government debt crisis threatens economic stability, potentially leading to infrastructure collapse and increased public unrest. The post China faces economic instability amid local government debt crisis appeared first on Crypto Briefing.
Citi Warns Bitcoin Is More Vulnerable to Quantum Computing Attacks Than Ethereum
TLDR: Citi warns quantum computing could break Bitcoin encryption, with Q-Day set between 2030 and 2032. An estimated 6.7 to 7 million BTC in exposed wallets make Bitcoin a prime quantum attack target. Ethereum’s flexible governance positions it to adapt more readily against the quantum computing threat. Fireblocks CEO calls Bitcoin’s quantum risk a coordination [...] The post Citi Warns Bitcoin Is More Vulnerable to Quantum Computing Attacks Than Ethereum appeared first on Blockonomi.
Bitwise HYPE ETF pledges 10% fees to HYPE buys
Bitwise will devote 10% of its HYPE ETF management fee to buying HYPE on its balance sheet. Bitwise Asset Management announced that it will devote 10% of the management fee from its Bitwise Hyperliquid ETF (NYSE: BHYP) to holding HYPE…
Bitcoin Dip-Buy Signal Emerges as Retail Fear Overtakes Optimism
BTC’s slide toward $76,000 pushed bitcoin sentiment into bearish territory, according to Santiment. The firm said retail pessimism hit its weakest level in nearly four weeks, a setup it views as supportive for a potential rebound. Bitcoin Sentiment Ratio Turns Bearish After BTC Slide Bitcoin traded near $77,000 around 5:36 p.m. after briefly dipping toward […]
Trump confirms no vessels passing through Hormuz blockade amid US-Iran tensions
The ongoing blockade exacerbates geopolitical tensions, impacting global oil transit and market stability, with uncertain diplomatic outcomes. The post Trump confirms no vessels passing through Hormuz blockade amid US-Iran tensions appeared first on Crypto Briefing.
Iran’s Kharg Island oil terminal goes dark for 10 days as tanker loadings collapse
Iran's oil export disruption highlights geopolitical tensions, impacting global oil markets and straining China's energy supply chain. The post Iran’s Kharg Island oil terminal goes dark for 10 days as tanker loadings collapse appeared first on Crypto Briefing.
US official denies Iranian claim of lifted oil sanctions amid talks
The swift US denial underscores ongoing geopolitical tensions and highlights the fragile nature of oil markets sensitive to policy shifts. The post US official denies Iranian claim of lifted oil sanctions amid talks appeared first on Crypto Briefing.
Georgia primary to test crypto PAC’s support for Democratic candidate
A political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia.
Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin mining
Hosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing.
Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expect
Bitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal.
Shiba Inu sees 3b SHIB flood exchanges
Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. On-chain exchange flow data tracked by CoinGlass shows SHIB open interest at $61.2 million on May 18, with $42,485 in futures positions liquidated in…
Tom Lee Links Ethereum Weakness to Rising Oil Prices
Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.
Trump announces new US-China agreements on Boeing jets and agriculture
The agreements aim to stabilize US-China trade relations, offering potential relief for US agriculture and signaling demand recovery for Boeing. The post Trump announces new US-China agreements on Boeing jets and agriculture appeared first on Crypto Briefing.