Crypto News
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BNB Chain’s $96 billion token blasted past $668 on May 22, eclipsing Solana as transactions soared 600% and fees slid to $0.11—now bulls whisper about an $800 breakout. The surge spotlights how rock-bottom costs and fresh DeFi buzz are funneling liquidity toward BNB Chain just as the broader market keeps its eyes on Bitcoin. This…
Congressman Tom Emmer (R-IN) and Ritchie Torres (NY-15) reintroduced the Blockchain Regulatory Certainty Act (BRCA) on Wednesday in a bid to prevent crypto service providers from being classified as money transmitters. Congressmen Fight for Crypto Clarity According to a May 22 press release from the U.S. lawmakers, the proposed legislation would clarify that non-custody digital…
Volatility Shares began trading the first US-based exchange-traded funds (ETFs) linked to XRP futures on May 22, according to an official announcement. The funds, XRPI and XRPT, track XRP futures contracts and are listed on Nasdaq. XRPI offers one-to-one exposure to XRP’s daily performance, while XRPT aims to deliver double the digital asset’s daily movement,…
Key Takeaways: Kraken’s move into tokenized equities expands the role of crypto exchanges in delivering traditional financial instruments through decentralized infrastructure. Around-the-clock trading may challenge legacy exchanges to revisit fixed-hour models and operational dependencies. Institutional engagement with tokenized assets is likely to grow as platforms demonstrate viability through real-time integration of trading, custody, and redemption….
Key Takeaways: Courts now require crypto investors to prove actual losses, not hypothetical gains, to win damages. UK regulators face pressure to speed up licensing or risk losing crypto firms to rival hubs. Post-2026, crypto platforms must report user trades or face £300-per-user fines. £9 billion in hoped-for gains evaporated when a UK court on…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este…
The XRP Ledger (XRPL) added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. According to the announcements, each of the tokens is backed by fiat currencies and will reinforce XRPL’s role in the fast-evolving global stablecoin market. Notably, XRPL is fast becoming a top choice for stablecoin issuers and institutional players due…
The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on the Solana ETF proposals from Bitwise and 21Shares, as revealed in a May 20 filing. The holdup follows earlier delays on would-be ETFs tied to Ethereum staking, XRP, and Dogecoin. Crypto enthusiasts still hope to see more exchange-traded products make it to…
Key Takeaways: Texas joins New Hampshire as the second U.S. state to legalize a Bitcoin reserve, pending the governor’s approval. SB 21 allows the comptroller to buy only cryptos with a $500B+ market cap. Corporate Bitcoin holdings outpace governments, but Texas could shift the balance if the reserve grows. On May 21, Texas lawmakers passed…
