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Key points:Bitcoin is trading back below its recent all-time highs, grilling support at levels it first encountered in late 2024.A ādeeper pullbackā may result before bulls find the momentum to return to price discovery.Profit-taking lies at the heart of current resistance, analysis says.Bitcoin riā¦
The US Securities and Exchange Commissionās (SEC) new guidance on cryptocurrency staking is widely seen as a major win for the crypto industry and the push toward globally consistent digital asset regulation.In a May 29 statement, the SECās Division of Corporation Finance said āProtocol Staking Actiā¦
Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product.The stablecoin plans are still in the early phases. According to a May 29 Bloomberg report, the bank is considering offering both dollar and eurā¦
Stablecoins are gaining ground as a reliable tool for digital payments. New data from Artemis shows that $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025.The report shed light on a few specific rising areas for stablecoin payments. Business-to-business traā¦
Today in crypto, the US Congress has introduced a comprehensive bipartisan bill aimed at regulating digital assets. Meanwhile, Bybit has secured regulatory approval under the EUās Markets in Crypto-Assets (MiCA) framework, and former CFTC Chair Rostin Behnam has called for expanded authority for theā¦
Key takeaways:Solana's strong network activity contrasts with SOLās token unlock schedule.MEV issues and memecoinsā price decline pose a risk to Solanaās growth potential.Solana's native token, SOL , dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the loā¦
German tokenization protocol Midas has launched a tokenized US Treasury bill on the Algorand blockchain, offering European investors exposure to yield-bearing government bonds with no investment minimum required.Ā The mTBILL is a tokenized certificate that references short-term US Treasury exchange-tā¦
Key points:Etherās price outperforms the wider crypto market with 4% gains over the last 24 hours to hit a three-month high of $2,789 on May 29.Ā ETH record open interest, rising funding rates and consistent inflows into spot Ethereum ETFs fuel the rally.A classic bullish continuation pattern suggestā¦
Bitcoin markets could be in for another prolonged period of consolidation if there isnāt more buying pressure this week, says analyst Willy Woo.Ā The strength of Bitcoinās run from $75,000 on April 7 to its all-time high just below $112,000 on May 22 āis starting to break down,ā Woo wrote to X on Maā¦
New York City Mayor Eric Adams says he will ensure a Bitcoin bond is launched in the city and renewed his call to axe New Yorkās BitLicense program.Speaking at the Bitcoin 2025 conference, Adams pledged to advocate for and support the creation of municipal bonds backed by Bitcoin .āWe have financialā¦
US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the countryās economic outlook.The crypto market remained unscathed, despite the stock drops among crypto miners.Uncertainty about the economic outlookā¦
Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies are comā¦