Crypto News
Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a…
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat. Despite that pause, the ETF has…
Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network. During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds…
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Key Takeaways: President Tokayev announced the creation of “CryptoCity,” a pilot zone for using cryptocurrency in everyday transactions. CryptoCity will operate as a regulated sandbox to test the use of digital assets for purchasing goods, services, real estate, and investments. The initiative builds on Kazakhstan’s ongoing efforts to modernize its financial infrastructure. Kazakhstan is preparing…
Pepe coin ($PEPE) is stealing the meme crown with a jaw-dropping 57.9% monthly rally. Investor FOMO is spiking as the frog-themed token skyrocketed past competitors, turning early believers into overnight winners. In a market clouded by profit-taking and liquidations, $PEPE stands alone, climbing nearly 5% in the last 24 hours to become the only gainer…
The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the…
Bitcoin didn’t reach its new ATH with widespread coin movement or a surge in recycled supply. The rally came as large portions of Bitcoin’s UTXO set continued to age, locking up liquidity instead of distributing it. Between Feb. 28 and May 28, the share of the UTXO set classified as long-term (outputs older than 6…
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Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit…
