Day

May 22, 2025

XRP price fails to respond to two extremely bullish developments — Here is why

May 22, 20250
Key takeaways:The SEC’s decision on a spot XRP ETF could ignite a significant rally.The current $2.2 billion in XRP futures hints at growing institutional investor demand.The two most bullish events ever imagined by XRP (XRP) advocates happened in 2025, but XRP continues to underperform the cryptocurrency market. On March 6, XRP was listed as a...

Senators plan to amend GENIUS Act to address Trump family's stablecoin

May 22, 20250
Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trump’s connections to the cryptocurrency industry.According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and Senators...

US tourist drugged by fake Uber driver and robbed of $123K BTC — Report

May 22, 20250
An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist’s $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling an Uber to take...

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use

May 22, 20250
OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI CEO Sam Altman said he and designer Jony Ive are developing these secret devices for mass...

Sui validators freeze majority of stolen funds in $220M Cetus hack

May 22, 20250
Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen.According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The Sui...

Kraken to offer tokenized US stocks to non-US clients

May 22, 20250
Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with Cointelegraph. Tokens representing the stocks will be stored on the Solana...

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 20250
Key takeaways:Solana’s bull flag pattern projects a rally to $260, but low spot buy volumes have analysts advising caution.After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking...

US lawmaker introduces anti-corruption bill ahead of Trump's dinner

May 22, 20250
California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.”In a May 22 notice, Rep. Waters said the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025 bill would be aimed at...

Carmaker DeLorean tokenizes EV reservations on Sui

May 22, 20250
DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.According to DeLorean, its Build Slot NFT collection grants holders priority access to purchase DeLorean’s upcoming electric car, Alpha 5 EV. The model is the carmaker’s first vehicle in...

Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

May 22, 20250
Key takeaways:Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued.Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases.Long-term holders are not aggressively selling, reflecting their expectation for continued Bitcoin price appreciation.Bitcoin (BTC) hit a new all-time high on May 21,...
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