Month: May 2025

Crypto Pullback Deepens as Profit-Taking Sets In – Bitcoin Holds $102K, Institutions Stay Bullish

Crypto markets faced a notable correction on May 15, 2025, with prices sliding across the board. Total market capitalization fell to $3.4 trillion, down 4.4% from the previous day, while daily trading volume held steady at $119 billion. Bitcoin dipped…

AlAbraaj Restaurants Embraces Bitcoin Treasury Strategy, Eyes Role as Middle East’s Strategy

AlAbraaj Restaurants Group, a publicly traded company on the Bahrain Bourse with a market cap of $24.2 million, has formally announced its entry into the world of Bitcoin treasury management. The company has partnered with 10X Capital, a U.S.-based investment…

Jim Chanos Bets Against Strategy Inc. While Doubling Down on Direct Bitcoin Ownership

Jim Chanos, one of Wall Street’s most famous short-sellers, has taken a unique stance in the crypto space—shorting Strategy’s stock while going long on Bitcoin itself. The move, unveiled at the Sohn Investment Conference and shared with CNBC, flips the…

$27 Billion Laundering Empire Busted – Telegram, Crypto Marketplaces Under Fire as Haowang Guarantee Falls

Telegram’s crackdown on the $27 billion Haowang Guarantee platform has shone a spotlight on the dark underbelly of the crypto world, where criminal networks thrive through encrypted channels and anonymous transactions. On May 13, the platform—labeled the world’s largest illicit…

New Consensus Models Tackle Security Risks as PoW and PoS Struggle to Adapt by 2032

As the crypto landscape matures, the underlying consensus mechanisms that power blockchains are facing increasing scrutiny. Proof-of-Work (PoW) and Proof-of-Stake (PoS), the two dominant mechanisms, are now seen as potential liabilities, with emerging concerns about security, scalability, and economic viability….

Remixpoint Expands Bitcoin Holdings, Targets Blockchain Infrastructure and Staking Revenue

In its latest move to solidify its crypto investment strategy, Tokyo Exchange-listed Remixpoint has allocated an additional 500 million yen ($3.4 million) to acquire 32.83 BTC, bringing its total Bitcoin holdings to BTC 648.82, according to the company’s May 14…

Dogwifhat Faces Profit-Taking Pressure as Exchange Inflows Surge and Smart Money Exits

Dogwifhat (WIF) has enjoyed a massive rally in recent weeks, soaring by 335% from its April low to hit a peak of $1.3142 on Tuesday. This surge pushed its market cap to over $1.07 billion, making it the fourth-largest Solana…

Flare Introduces FAssets, Bringing XRP to DeFi Without Custody Risks

In a strategic move to expand XRP’s reach into decentralized finance, Flare (FLARE) has launched its FAssets protocol on Songbird, introducing a new way for XRP holders to access DeFi services without the vulnerabilities of conventional cross-chain bridges. The rollout,…

Saylor’s $40 Billion Bitcoin Bet Could Propel Strategy to the Top Public Company, Analyst Predicts

Strategy’s aggressive Bitcoin strategy could potentially catapult it to the top of the global public company rankings, according to Jeff Walton, a senior analyst at the firm. In the new Financial Times documentary, “Michael Saylor’s $40 Billion Bitcoin Bet,” Walton…

Luno Adds Cosmos (ATOM) Staking with Up to 18% APY — South Africa’s Best Staking Opportunity Yet

Luno has expanded its staking platform with the addition of Cosmos (ATOM), enabling users to earn a promotional 18% APY until June 16, 2025, after which the rate will adjust to 11% APY. This marks the highest staking return currently…