Day

May 28, 2025
Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025. Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles. This follows a five-month...
The United Kingdom’s Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody.In a May 28 request for comment, the United Kingdom’s financial regulator announced that its regulatory proposals are “the latest milestone on the road to crypto regulation.” The draft rules are based on prior roundtables and industry...
Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.It...
Key takeaways:XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could...
The Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments.Plecas will be responsible for shaping and executing TON’s payment infrastructure strategy, the company said in a May 28 blog post.He is tasked with expanding the network’s capabilities, managing financial partnerships and ensuring compliance across jurisdictions as...
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin for $513 million, according to a statement posted May 28 on the company’s X account.The announcement is GameStop’s first publicly acknowledged Bitcoin (BTC) purchase since the company disclosed plans to move into Bitcoin investment in March.At the...
Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC).In its May 27 letter, Ripple cited US attorney and crypto law thought leader Lewis Cohen to support its claim. In his widely cited 2022...
BlackRock, one of the world’s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram.Telegram is expected to raise at least $1.5 billion in a bond issue on May 28, with support from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala, The Wall Street Journal reported.As part of the...
Swiss crypto bank AMINA Bank AG, formerly SEBA Bank AG, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million.The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release.The Zurich-based bank credited...
Key points:Bitcoin whales are adding to their BTC positions while price ranges below all-time highs.If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone.Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance.Bitcoin (BTC) may see support only at $94,000 if a fresh BTC price correction ensues, new...
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