Sat, May 24

Dubai VARA Sets June 19 Deadline for Crypto Firms to Comply with New Rules

The crypto regulator of Dubai has given a deadline of June 19 to various digital assets companies to comply with its updated activity-based rulebooks to boost market integrity as well as risk oversight.  Dubai’s Virtual Assets Regulatory Authority (VARA) publicized on May 19 that it had launched Version 2.0 of

May 19, 2025 2 mins read

XRP Awaits Breakout as CME Futures Launch Looms

XRP is trading sideways as the cryptocurrency market turns its focus to an anticipated catalyst: the launch of regulated XRP futures on the Chicago Mercantile Exchange (CME) on Monday, May 19, 2025. While the token’s price has remained relatively flat, hovering around $2.37, market activity tells a different story. Volume

May 19, 2025 3 mins read

Vitalik Buterin Proposes Ethereum L1 Scaling With Lighter Nodes

The Ethereum network and its Ether token have been lagging behind for the past few months as strong contenders emerged in the market. Scalability is one of the major issues for this, and to address this, Ethereum co-founder Vitalik Buterin proposed a new concept in his latest blog post.  Vitalik

May 19, 2025 2 mins read

Ripple Partners with Zand Bank and Mamo to Expand in UAE

Ripple has recently collaborated with two new partners, Zand Bank and fintech company Mamo, in order to widen its network in the United Arab Emirates (UAE). The collaboration will help to leverage its blockchain-based cross-border payments platform.  On May 19, Ripple released a press release to make an announcement, followed

May 19, 2025 2 mins read

7 Crypto Payment Cards That Let You Spend Bitcoin in the Real World

What did we do before crypto cards? They’re our go-to cashout mechanism, our payment method for coffee and groceries, and our on-ramp when it’s time to top up our crypto balance. Part debit card, banking app, and token swap service rolled into one, the crypto card is indispensable to those

May 19, 2025 7 mins read

Russia Limits USDT Trading While Allowing Cross-Border Use

Russia’s Central Bank is set to introduce new regulations that could effectively limit Tether (USDT) use within the country. According to experts, trading USDT may no longer be allowed on domestic exchanges due to worries over international sanctions and wallet freezes. However, it seems that using USDT and similar stablecoins

May 19, 2025 2 mins read

Metaplanet’s $104 Million Bitcoin Buy Reflects Confidence in BTC Rally

Metaplanet, the Tokyo-listed corporation known for its strategic pivot from hospitality to crypto, announced a significant Bitcoin acquisition worth $104.3 million. This latest purchase of 1,004 BTC boosts its total holdings to 7,800 BTC, positioning it as one of the world’s leading Bitcoin treasury companies. The transaction, executed at an

May 19, 2025 2 mins read

BlackRock’s $8.65M ETH Buy Sparks Market Buzz

In a major signal of growing institutional trust in digital assets, BlackRock has purchased $8.65 million worth of Ethereum (ETH) through Coinbase, according to a tweet by Crypto Rover on May 19, 2025. This strategic buy, which took place when ETH was trading at about $3,100, gives Ethereum’s upward run

May 19, 2025 2 mins read

BlackRock Strengthens Crypto Lead With $65B in Bitcoin Reserves

BlackRock’s spot Bitcoin ETF now holds 631,962 BTC, worth approximately $65 billion. This highlights the asset manager’s dominance in the crypto ETF space. It also signals growing institutional trust in Bitcoin as a legitimate investment asset. Since its launch, BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent inflows. These inflows

May 18, 2025 2 mins read

SEC X Account Hacker Sentenced to 14 Months for Fake Bitcoin ETF Tweet

An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from

May 18, 2025 2 mins read