Thu, May 22

Pendle Breaks $3.7 Resistance: Pay Attention to These Critical Price Levels

Pendle cryptocurrency has recorded a notable uptick in its latest trading session. During today’s Asian Trading session, the digital asset opened its market with a price value of $4.0761. This took the opening price and propelled it to the current levels. Analyst believe that this trend will continue upward if

May 20, 2025 2 mins read

DigiAsia Shares Soar 91% After $100M Bitcoin Treasury Plan

DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy.   The fintech firm

May 20, 2025 2 mins read

Michael Saylor’s Strategy Faces Lawsuit Over Misleading Bitcoin Claims

Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday.  Anas Hamza accused Strategy and its officials, including the co-founder

May 20, 2025 2 mins read

SEC Commissioner Hester Peirce Calls for Clearer Crypto Regulatory Frameworks

At the recent SEC Speaks event, US SEC Commissioner Hester Peirce, also known as the Crypto Mom, made a bold and clarifying statement: most crypto assets should not be considered securities. Peirce, who leads the agency’s Crypto Task Force, stressed that regulatory clarity is essential as the crypto space continues

May 20, 2025 2 mins read

XRP Futures Make Strong Debut on CME with $1.5M in Trading Volume

Crypto futures contracts offer a new window to crypto trading for investors. They allow traders to access crypto trading without directly involving themselves with crypto market price fluctuations. The most recent XRP Futures launch on CME Group’s derivatives platform became successful yesterday with considerable trading volume.  XRP is one of

May 20, 2025 2 mins read

JP Morgan CEO Jamie Dimon Allows Bitcoin Purchases, Maintains Skepticism

The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future.  On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you

May 20, 2025 2 mins read

SEC Commissioner Warns of “Regulatory Jenga” Under Trump Administration

The Securities and Exchange Commission’s sole remaining Democratic Commissioner, Caroline Crenshaw, has issued a stark warning about the agency’s recent approach to crypto regulation. She compares it to a dangerous game of “regulatory Jenga” that risks destabilizing market safeguards carefully built over decades. Regulatory Rollbacks Raise Alarm Bells In her

May 20, 2025 2 mins read

GENIUS Act Gains Steam as Senate Pushes it Forward

Stablecoin regulation has gained momentum after President Donald Trump stressed its importance several times. The President and other government officials, such as David Sacks, believe that US Dollar-backed stablecoins hold the potential to increase dollar dominance across the globe.  Taking things forward, the US Senate advanced the long-awaited GENIUS Act

May 20, 2025 2 mins read

Australian Court Classifies Bitcoin as Money, Could Trigger $640M in Tax Refunds

A judge in Australia decided that Bitcoin should be treated as money rather than a taxable asset, which may significantly change the nation’s cryptocurrency tax environment. The decision might result in capital gains tax (CGT) returns of over $640 million for Bitcoin transactions. The May 19 ruling resulted from a

May 20, 2025 2 mins read

 Crypto Executives Spend Millions on Security

As cryptocurrency continues to penetrate mainstream finance, its prominent figures are facing new and more dangerous risks like kidnapping, extortion, and targeted physical threats. In response, major crypto firms like Coinbase, Circle, and Robinhood have begun investing heavily in personal security, especially for their top executives. In 2024, Coinbase allocated

May 19, 2025 2 mins read