Day

May 29, 2025

Solana firms make moves on staking, treasury and compliance

May 29, 20250
Solana-focused investment firm Sol Strategies has filed a preliminary base shelf prospectus for up to $1 billion, as DeFi Development Corp. revealed it will adopt liquid-staked SOL for its treasury operations.According to a May 27 Sol Strategies announcement, the publicly-traded Canadian Solana investment and infrastructure firm “will be permitted to make offerings of common shares”...

Metaplanet issues $21M in bonds to buy Bitcoin, a day after $50M raise

May 29, 20250
Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy.The 17th series of bonds, issued on May 29, comes with a face value of $525,000 each and will mature on Nov....

Bitcoin in ‘pivot zone’ as potential consolidation looms: Analyst

May 29, 20250
Bitcoin markets could be in for another prolonged period of consolidation if there isn’t more buying pressure this week, says analyst Willy Woo. The strength of Bitcoin’s (BTC) run from $75,000 on April 7 to its all-time high just below $112,000 on May 22 “is starting to break down,” Woo wrote to X on May 28. “This...

Bitcoin $120K ‘epic mic drop’ rally set after US court blocks Trump tariffs

May 29, 20250
Bitcoin is poised to rally toward $120,000 after a US federal court blocked the majority of President Donald Trump’s tariffs, a crypto analyst says.“The trade court decision was an epic mic drop, and it’s going to intensify momentum behind Bitcoin,” Swyftx lead analyst Pav Hundal told Cointelegraph. The US Court of International Trade reportedly blocked Trump...

Eric Adams calls for Bitcoin bond in NYC, end to state BitLicense

May 29, 20250
New York City Mayor Eric Adams says he will ensure a Bitcoin bond is launched in the city and renewed his call to axe New York’s BitLicense program.Speaking at the Bitcoin 2025 conference, Adams pledged to advocate for and support the creation of municipal bonds backed by Bitcoin (BTC).“We have financial instruments for all other...

Crypto lobby group says SEC should back off regulating most DAOs

May 29, 20250
Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs).The May 27 letter to SEC Crypto Task Force lead Hester Peirce argued that the agency should not treat DAOs under the purview of the securities-defining Howey test if...

Elon Musk leaves DOGE as job was ‘uphill battle’

May 29, 20250
Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs.Musk’s status as a Special Government Employee leading the Department of Government Efficiency (DOGE) meant that by law, he could only serve for a maximum of 130 days, which...

Crypto vulnerable if CFTC not given authority, says ex-chair Behnam

May 29, 20250
Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies are commodities.“If you look at existing law, the few largest tokens are...

European crypto firm K33 raises $6.2M for Bitcoin buys

May 29, 20250
Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency.K33 said on May 28 that it secured financing through convertible loans and a new issue of shares and warrants, which “will be used in...

Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’

May 29, 20250
US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook.The crypto market remained unscathed, despite the stock drops among crypto miners.Uncertainty about the economic outlook loomsThe minutes of the Federal Open Market Committee’s meeting on May 6...
1 2 3 4 5

Recent Articles

99% of CFOs plan to use crypto long term, 23% within two years: Deloitte
July 31, 2025
The rise of Money2: The next financial system has already begun
July 31, 2025
White House crypto report a mixed bag for Bitcoin advocates
July 31, 2025

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Post Category