DOGE Holds Bullish Structure as Whales Shed $40M Ahead of Possible Breakout

Dogecoin has entered a critical consolidation phase below $0.26 resistance after experiencing an 18% drop since its May 10th local high, according to CoinDesk Research’s technical analysis data model. Recent whale activity shows 170 million tokens worth over $40 million were shed in the past few days, potentially setting up for the next major breakout. … Read more

‘Days to Cover mNAV,’ Emerges as The New Standard for Evaluating Bitcoin Equities

As bitcoin (BTC) continues to mature as an institutional asset, a growing number of public companies are integrating BTC into their treasuries, sparking renewed investor interest in so-called leveraged bitcoin equities (LBEs). But with valuations soaring, the key question remains: which companies are genuinely earning their premiums through consistent BTC accumulation, and which are simply … Read more

Australian Securities Regulator Wants to Appeal High Court’s Decision on Block Earner

The Australian Securities and Investments Commission (ASIC) is seeking leave to appeal a High Court decision that fintech company Block Earner’s Access product is not a financial product. The High Court in March 2024 dismissed ASIC’s allegations that Block Earner had engaged in unlicensed financial services by offering its decentralized finance (DeFi) product Access. ASIC … Read more

SEC’s Peirce says NFT royalties do not make tokens securities

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws. In a recent speech, Peirce said NFTs that allow artists to earn resale revenue do not automatically qualify as securities. Unlike stocks, NFTs … Read more

SHIB Spikes Then Reverses Sharply as Whale Activity Turns Bearish

Shiba Inu has displayed conflicting market indicators in recent trading sessions. The token initially demonstrated bullish momentum with significant volume support, but this quickly gave way to intense selling pressure. Technical analysis reveals SHIB is consolidating below key resistance levels, with traders closely monitoring the $0.00001450-$0.00001600 zone for potential breakout signals. On-chain metrics paint a … Read more

South Korea to Let Non-Profits, Exchanges Sell Crypto Under New FSC Rules

South Korea’s financial watchdog said non-profit organizations and virtual asset exchanges will be able to sell their crypto holdings starting in June under new rules aimed at tightening oversight while enabling operational flexibility. In February, the Financial Services Commission (FSC), the country’s top financial regulator, revealed it was planning to lift a ban imposed in … Read more

South Korea tightens crypto rules ahead of institutional market entry

South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges. On May 20, the Financial Services Commission (FSC) of South Korea said during its fourth Virtual Asset Committee meeting that it had … Read more

Solana Could Soon Witness Its Largest Consensus Change as Developer Proposes ‘Alpenglow’

Solana developers are planning what could be the blockchain’s most ambitious core upgrade to date — one that replaces its current technology stack with a redesigned consensus protocol built for near-instant finality and responsiveness. The new system, called Alpenglow, was unveiled on Monday by infrastructure firm Anza, a Solana Labs spinout. It proposes replacing Proof … Read more

Why crypto transfers can fail and what you must check before sending

Why crypto transfers can fail and what you must check before sending Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses. What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to call and no easy recourse to reverse … Read more

Microsoft’s AI security chief accidentally reveals Walmart’s AI plans after protest

Protesters outside Microsoft’s Build conference Microsoft’s head of security for AI, Neta Haiby, accidentally revealed confidential messages about Walmart’s use of Microsoft’s AI tools during a Build talk that was disrupted by protesters.  The Build livestream was muted and the camera pointed down, but the session resumed moments later after the protesters were escorted out. … Read more

CME’s XRP Futures Have Pulled In Nearly $30M Since Debut, Fueling XRP ETF Hopes

XRP futures contracts on the Chicago Mercantile Exchange (CME) recorded over $19 million in notional trading volume on their first day and at least $10 million on Tuesday, data shows. The inaugural trade, a block transaction, was cleared by Hidden Road on May 18. CME’s XRP futures are available in two sizes: standard contracts representing … Read more

Theta Capital raises $175M to back early-stage blockchain startups

Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms. The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native VC firms with a track record of backing blockchain innovation, Theta’s managing partner and chief investment officer Ruud Smets … Read more

Bitcoin Futures Open Interest Zoomas BTC Inches Towards All-Time High; DOGE, ADA, XRP Add 4%

Bitcoin (BTC) is inches away from its all-time high, hovering over $107,000, with analysts eyeing a move higher in the coming days. Futures open interest across major exchanges hit $75 billion, an all-time high on Tuesday in U.S. dollar terms, signaling heightened speculative activity and leveraged positioning. That comes alongside a continued rally in spot … Read more

KindlyMD shareholders OK merger with Trump-linked Bitcoin firm

Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey. KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating a network of Bitcoin-related entities, will both file information statements with the Securities and … Read more

Meet Areeb Innovations, Member of HackerNoon’s Momentum 10 in Islamabad, Pakistan

Congratulations on being a part of the Momentum 10, the elite top 10 startups who demonstrated truly exceptional drive and progress in the year 2024. The Momentum 10 Interview Series will delve into the unique journeys and powerful foundations propelling your startups to the top in the 2024 Startups of The Year campaign! https://hackernoon.com/startups/asia/asia-islamabad-pakistan?stup=66f31d976ea4677e23dcca99&embedable=true Tell us … Read more

Bitcoin Sets Record Daily Close With $110K as the Next Level to Watch for BTC

Although bitcoin (BTC) can be traded 24/7 its candles open and close daily similar to foreign exchange markets. The latest data from TradingView shows Tuesday’s candle ended (UTC) at $106,830, the highest-ever daily closing price. The bullish move came as investors poured money into the spot exchange-traded funds (ETFs) amid chaotic price action in bond … Read more