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South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change.“All three major South…
Key takeaways:Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction.Despite the near-term risks, some analysts view a pullback…
Thailand’s Ministry of Finance reportedly plans to issue $150 million worth of digital investment tokens, allowing retail investors to buy government bonds.The Bangkok Post reported on May 13 that Finance Minister Pichai Chunhavajira announced the initiative at a briefing after the cabinet endorsed …
Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners.Tether snapped up 4,812.2 Bitcoin at $95,319 each and transfe…
Today in crypto, Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments, but signed a bill regulating crypto ATMs, Coinbase is set to become the first crypto company to join the S&P 500 index, and newly appointed US Securities and Exchange Commiss…
Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow r…
Opinion by: Jupiter Zheng, Partner Liquid Fund at HashKey CapitalWhenever Bitcoin falls in value, the narrative is always the same: It’s failing as a hedge against inflation. In the eyes of critics, Bitcoin is not the “digital gold” that so many others claim it to be.With gold hitting all-time highs…
Defense lawyers have asked a judge to sentence the person responsible for helping post a fake message announcing regulatory approval of Bitcoin exchange-traded funds to roughly a year in prison, countering prosecutors’ request for a two-year sentence.In a May 13 filing in the US District Court for t…
Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement. The acquisition of CryptoPunks, plus its additional $25 million endowment, establishe…
Key points:Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.Traders see buying time before its next move, and a trip below $100,000 is on the cards.Bitcoin is showing “undeniable” momentum against gold and stocks, Binance’s Richard Teng …
What is RISC-V? RISC-V, pronounced “risk five,” is a modern open-source instruction set architecture (ISA) based on reduced instruction set computer (RISC) principles. In simple terms, it’s like a blueprint that defines a set of instructions that a processor can execute.RISC-V is designed to be hi…
Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, driven primarily by speculative investment, according to a recent report by the Bank for International Settlements (BIS).The BIS study, published May 8, found cross-border payments using the two largest cryptocurr…