Day

May 27, 2025

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts

May 27, 20250
Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit-taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after a strong US equities market open and the Trump Media and Technology Group’s announcement that it...

93% of all Bitcoin is already mined. Here’s what that means

May 27, 20250
How much Bitcoin is left to mine? Bitcoin’s total supply is hardcoded at 21 million BTC, a fixed upper limit that cannot be altered without a consensus-breaking change to the protocol. This finite cap is enforced at the protocol level and is central to Bitcoin’s value proposition as a deflationary asset.As of May 2025, approximately...

ZKPs can prove I'm old enough without telling you my age

May 27, 20250
Opinion by: Andre Omietanski, General Counsel, and Amal Ibraymi, Legal Counsel at Aztec LabsWhat if you could prove you’re over 18, without revealing your birthday, name, or anything else at all? Zero-knowledge proofs (ZKPs) make this hypothetical a reality and solve one of the key challenges online: verifying age without sacrificing privacy. The need for better...

Ethereum flashes ‘altseason’ signal as ETH price eyes $4.1K

May 27, 20250
Key takeaways:Ethereum has reclaimed a key level that preceded 100%+ rallies and triggered past altseasons.Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.Despite bullish signals, ETH remains fragile, with $123B in supply near cost basis at risk of flipping into a loss.Ethereum’s native token, Ether (ETH), has reclaimed a...

Russian national arrested in South Korea for attempted crypto robbery

May 27, 20250
South Korean authorities have arrested one of three Russian nationals accused of an attempted robbery during a fake crypto deal in Seoul. The suspects allegedly lured Korean investors to a hotel, where they tried to steal 1 billion won (approximately $730,000) in cash.The Gangseo Police Precinct in Seoul detained a man in his 20s in...

Bitcoin 2024 conference sparked 30% price crash — Can bulls escape this year?

May 27, 20250
Key points:Bitcoin rebounds from another support retest, but fears over a Nashville conference-induced comedown are growing.The biggest Bitcoin gathering tends to accompany BTC price weakness.BTC price action can and will continue to experience drawdowns of 10-20%, analysis stresses.Bitcoin (BTC) circled $110,000 at the May 27 Wall Street open amid concerns over a 30% BTC price...

What is a cryptocurrency mixer and how does it work?

May 27, 2025, 0
Cryptocurrency mixers explained A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible for...

SharpLink launches Ethereum treasury, taps Joe Lubin as board chair

May 27, 20250
Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors, the company announced May 27.According to the announcement, SharpLink Gaming, a publicly traded company on Nasdaq, entered into a securities purchase agreement for a private investment in public equity worth $425...

How to research altcoins using ChatGPT and Grok

May 27, 20250
Investments in the fast-paced cryptocurrency market require real-time insights and efficient research. With thousands of projects emerging or disappearing, you need innovative ways to separate signal from noise. AI solutions such as ChatGPT and Grok could benefit you as your research assistant, reducing research time and delivering actionable information. This article discusses how to use both platforms...

Solana may be a memecoin ‘one-trick pony’ — Standard Chartered

May 27, 20250
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report.According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested...
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