Crypto News
Key Takeaways: Garlinghouse’s criticism of Lummis comes as Ripple attempts to expand its influence in Washington while pursuing a $4–5 billion bid to acquire USDC issuer Circle. Circle rejected Ripple’s offer and is still in talks with both Ripple and Coinbase while targeting a $5 billion IPO valuation. Coinbase is viewed as a stronger suitor…
$18 million in Trump meme coins sits in the wallet of Tron founder, Justin Sun, as the Chinese-born crypto mogul prepares to dine with President Trump at a gala reserved for holders of the cryptocurrency just outside of Washington D.C. this week. Justin Sun Confirms Wallet Speculation “Honored to support @POTUS and grateful for the…
America’s efforts to become a global hub for Bitcoin (BTC) and the wider digital asset ecosystem could serve as a foundation for a new phase of domestic economic growth, according to a report published May 20 by River. The “America Report 2025” asserted that the US is in a unique position to benefit from Bitcoin’s…
Key Takeaways: Kraken has introduced a regulated crypto derivatives platform in Europe, offering perpetual and fixed maturity contracts under the MiFID II framework. This move positions Kraken as a leading provider of regulated crypto derivatives in the European Economic Area. Kraken’s expansion indicates the growing demand for compliant digital asset trading solutions in Europe. Crypto…
Key Takeaways: Robinhood has asked the SEC to formally recognize tokenized assets like stocks and bonds as equivalent to their traditional forms. The proposed framework would allow broker-dealers to trade and custody these tokens under existing U.S. securities rules. The plan includes the new platform RRE to combine off-chain matching with on-chain settlement and integrates…
Chainlink (LINK) is showing renewed strength as its price moves higher within a well-defined rising channel pattern. After a period of consolidation, LINK has entered a rally mode, forming the channel, a classic signal of sustained upward movement. This technical setup suggests that the bulls are firmly in control, and unless a major shift in…
Sovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded funds (ETFs), according to Standard Chartered’s head of digital assets research, Geoffrey Kendrick. In an investor report published May 20, Kendrick said that regulatory filings show that increased MSTR holdings drove the bulk…
BlackRock’s iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin as of May 20, surpassed only by the infamous wallet of Satoshi Nakamoto, the pseudonymous creator of the flagship crypto. According to data compiled by crypto analyst Shaun Edmondson, IBIT currently holds 636,108 BTC, representing over 3% of Bitcoin’s total capped supply of…
Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a May 20 publication in Argentina’s Official Gazette. Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated…
South Korea’s opposition leader, Lee Jae-myung, proposed launching a won-backed stablecoin on May 20 to stem the 56.8 trillion won ($40.8 billion) crypto outflow and reduce dependence on foreign stablecoins like USDT and USDC. The Democratic Party presidential candidate’s broader digital asset strategy also includes legalizing spot crypto ETFs and allowing institutional crypto investments under…
