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Category: Crypto Trends

SharpLink launches Ethereum treasury, taps Joe Lubin as board chair

May 28, 2025 Crypto Trends

SharpLink Gaming announced a $425 million private equity deal to launch an Ether treasury and appointed Ethereum co-founder Joseph Lubin as board chairman. Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin…

Bitget enters real-world asset race with yield-bearing BGUSD stable asset

May 28, 2025 Crypto Trends

Bitget CEO Gracy Chen told Cointelegraph that BGUSD is distinct from stablecoins and securities and functions as a yield-bearing stable asset certificate. Crypto exchange Bitget has entered the expanding market for crypto investment products with the launch of BGUSD, a…

Crypto industry urges SEC to clarify staking stance

May 27, 2025 Crypto Trends

The US regulator has issued guidance on several crypto-related activities, but has yet to clarify rules on staking. Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty…

Bitcoin bulls start Memorial Day blitz on $110K — Will spot follow when US markets open?

May 27, 2025 Crypto Trends

Bulls launched a futures market-driven attack on BTC’s $110,000 resistance level as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday? Key takeaways: Bitcoin price is capped at the $110,000 level due to sellers and a…

Ethereum co-founder responds to Sweden’s cashless-society rethink

May 27, 2025 Crypto Trends

Vitalik Buterin said there are ways Ethereum can function as a financial fallback in times of instability through hardware solutions. As Sweden reconsiders its push toward a cashless society, Ethereum co-founder Vitalik Buterin highlighted the fragility of centralized digital payments…

Bitcoin’s new highs may have been driven by Japan bond market crisis

May 27, 2025 Crypto Trends

Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research. Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese…

Banking groups ask SEC to drop cybersecurity incident disclosure rule

May 26, 2025 Crypto Trends

Major banking groups want the Securities and Exchange Commission to rescind a rule that requires public companies to report cybersecurity incidents to the public within four days. American banking and financial industry advocacy groups have petitioned the Securities and Exchange…

Coinbase faces another data breach lawsuit claiming stock drop damages

May 26, 2025 Crypto Trends

Coinbase is facing another proposed class-action lawsuit over its user data breach disclosure, but this time, investors are claiming damages from the company’s share price drop. Coinbase and two executives have been hit with another proposed class-action lawsuit over the…

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

May 26, 2025 Crypto Trends

Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position. Key points: Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.…

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

May 26, 2025 Crypto Trends

Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment. Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of…

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