Day

May 22, 2025

Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

May 22, 20250
The market cap of the world’s first cryptocurrency, Bitcoin, surpassed that of retail and tech behemoth Amazon on “Bitcoin Pizza Day.”Market data shows that Bitcoin (BTC) had a market cap of $2.205 trillion at the time of writing, $70 billion more than the $2.135 trillion Amazon valuation.“By surpassing Amazon in terms of capitalization, Bitcoin has...

FIFA taps Avalanche to launch dedicated blockchain for NFT platform

May 22, 20250
The Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May 22.FIFA’s layer-1 (L1) blockchain will be powered by the Avalanche network’s scalability-focused infrastructure for the association’s five billion fans worldwide.The move comes nearly a month after FIFA...

Crypto awareness in Singapore hits record 94%, but ownership falls

May 22, 20250
Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset.However, ownership declined, falling to 29% in 2025 from 40% the previous year, according to Independent Reserve’s fifth annual Singapore Crypto Market Survey released on May 21.The survey, conducted in February...

Crypto travelers bring 3x greater lifetime value than fiat users

May 22, 20250
Travelers using cryptocurrency for booking arrangements spend more than twice as much as regular travelers using fiat money, according to a joint report from Binance Pay and crypto travel platform Travala shared with Cointelegraph.Crypto-based bookings on Travala reached $80 million in 2024, up from $45 million the year before. Crypto travelers are also outspending their...

Can ChatGPT-powered AI agents really trade crypto for you?

May 22, 20250
Key takeawaysChatGPT-powered AI agents automate trading tasks using natural language prompts and API integrations, improving speed and consistency.Successes occur when ChatGPT is used as a support tool, not a fully autonomous trading system.Failures happen when traders over-rely on ChatGPT without real-time data, proper risk management or manual oversight.Regulatory focus on AI in trading is increasing,...

Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

May 22, 20250
David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing.“We have every expectation now that it’s going to pass,” Sacks told CNBC on May 21, following a key procedural vote that saw 15 Democrats join Republicans to clear...

5 red flags you’re being shilled: Don’t buy the hype

May 22, 20250
What is shilling in crypto? At its core, shilling is the act of artificially promoting a cryptocurrency or token, often with exaggerated claims, to increase its price or popularity. But what’s the goal? Hype it up, get others to buy in, and then cash out, leaving latecomers holding the bag.Shilling can come from anyone: influencers, anonymous accounts...

Bitcoin 'looks exhausted' as next bear market yields $69K target

May 22, 20250
Key points: Bitcoin all-time highs matter little to those seeing a BTC price correction as long overdue.Both the latest surge and the bull market itself are on borrowed time, traders say.Comparisons to previous price cycles remain in use despite the booming institutional investment scene.Bitcoin (BTC) traders are calling for a pullback after all-time highs and...

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

May 22, 20250
Newly updated guidelines from Dubai’s crypto regulator include provisions on real-world asset (RWA) tokenization and clarify rules for issuers. On May 19, Dubai’s Virtual Asset Regulatory Authority (VARA) released its updated Rulebook for virtual asset service providers (VASPs) operating in the region. The regulator gave market participants until June 19 to comply with the new rules. The...

Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap

May 22, 20250
The hacker behind the data breach targeting Coinbase users mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap.On May 21, the hacker used Ethereum transaction input data to write “L bozo,” followed by a meme video of NBA player James Worthy smoking a cigar.The message came after the attacker swapped about...
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