Crypto

Shares of AsiaStrategy, formerly the luxury watchmaker Top Win, surged over 60% in premarket after announcing a Bitcoin treasury strategy in partnership with Sora Ventures. Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said it is partnering with Sora Ventures to adopt a Bitcoin (BTC) treasury strategy. Sora previously partnered with Metaplanet in 2024 to create Japan’s first corporate Bitcoin treasury. The stock market took immediate notice of the announcement. Top Win stock closed the trading day at $7.50 on May 15, but traded at $12.12 in premarket at the time of writing — a jump of over 60%. Read more

Coinsilium raised £1.25 million to help establish the BTC treasury, amid record trading volume.

Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts. Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times. To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX  explores Sonic's technological background, its new tokenomics model and the innovations it brings to DeFi.   Download a full version of the report for free here Read more

A growing number of financial institutions are turning to stablecoins, with 90% either actively using or preparing to integrate them into their operations. The post 90% of Institutions Now Using or Exploring Stablecoins, Fireblocks Finds appeared first on Cryptonews.

Bitcoin holds above $103K as JPMorgan turns bullish, saying BTC could outperform gold. Can institutional flows drive BTC to $120K this year? The post Bitcoin Price Prediction: Can BTC Reach $120k As JP Morgan Turns Bullish, Says BTC Is Better Than Gold? appeared first on Cryptonews.

Wallets holding balances between 100,000 and 1,000 ETH have the highest average cost basis: $2,225.

Luxembourg’s financial watchdog has granted Bitstamp its CASP license under the EU’s landmark crypto law MiCA, authorizing the exchange to offer trading, custody, and order execution services across the European Economic Area. The post Bitstamp Secures EU CASP License Under MiCA, Approved by Luxembourg Regulator appeared first on Cryptonews.

Ethereum’s recent Pectra upgrade is sparking a surge in smart account usage, redefining how users interact with the network. Data compiled by Base analyst 0xKofi from Bundle Bear shows that more than 26,000 wallets have transitioned to the new smart account format powered by the EIP-7702 in the Pectra upgrade. What are smart accounts? EIP-7702 […] The post Over 26,000 Ethereum wallets integrate Pectra upgrade features driving smart wallet adoption appeared first on CryptoSlate.

Ethereum researcher Justin Drake told Cointelegraph that launching a 51% attack on Bitcoin would be “much cheaper” than on Ethereum, estimating the cost at around $10 billion. Ethereum Merge architect Justin Drake told Cointelegraph that it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum. Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.” Drake led work on Ethereum’s proof-of-stake (PoS) implementation and was a principal architect in the Merge (the full PoS transition event). His remarks echo a May 14 X post by Grant Hummer, the co-founder of Ethereum-focused marketing and product company Etherealize. Read more

Bitcoin is now just 5% away from its all-time high. However, despite the massive rally in recent days and weeks, investors remain relatively calm. The post Bitcoin Price Forecast: What Google Searches Reveal – and Why There’s No Hype Despite Record Highs appeared first on Cryptonews.

XRP price recovery remains on course as its futures open interest rises, but can it retest its multi-year highs at $3.40 in this month? Key takeaways: XRP price is forming a bullish V-shaped recovery pattern targeting $3.40. A 53% surge in open interest to $5.06 billion signals bullish sentiment. Read more

In this Dogwifhat price forecast we look at how the token has behaved as it reaches a critical resistance at $1. The post Dogwifhat Price Forecast: WIF Faces Critical Resistance Around $1, Is $2 Possible This Month? appeared first on Cryptonews.

Ethereum (ETH) was also a top performer, gaining 2.9% From Thursday

A new Eric Trump token on Solana surged 6,200%, raising rug-pull concerns as blockchain sleuths trace insider wallet activity and repeated scam attempts. A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull. A newly-created Eric Trump (ERICTRUMP) memecoin with the token address “jv7d” surpassed $140 million in market capitalization within a day since its launch on May 16, CoinMarketCap data shows. The memecoin’s distribution raises significant red flags that point to a rug pull “in the making,” warned blockchain data platform Bubblemaps in a May 16 X post. Read more

Vine Coin, JellyJelly, and now Dupe. Companies are launching Solana tokens as a way to market and fundraise their projects.

Here's what can trigger a nearly 30% rally for ADA.

Judge Analisa Torres rejected the proposed $50 million settlement, saying the joint request was filed improperly and lacked required legal justification.

The move came after the state investment board doubled its exposure to spot bitcoin ETFs late last year as markets fell.

The “Oracle of Omaha” also exited Citigroup and slashed Berkshire’s Bank of America holdings, offloading more than $2.1 billion in financial stocks. Key takeaways: Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank. The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025. Read more

Bitcoin mining has morphed into a capital‑intensive, highly concentrated business: two pools—Foundry USA and AntPool—now command more than half of global hashrate, and a handful of public mega‑miners dominate the rest. Subnet 14, TAOHash, offers a counterweight by turning raw hash into a live‑traded “alpha” token; miners swap their BTC payouts for SN14, while validators buy that same token with earned BTC to keep rigs pointed at them, creating a perpetual buy‑back loop. In just weeks this mechanism bootstrapped ~6 EH/s (≈0.7 % of the network) with zero capex, effectively making SN14 a perpetual futures market for hashrate. Planned upgrades—running its own solo‑pool, routing multi‑coin hash, and selling block‑space priority fees—aim to undercut traditional FPPS fees and funnel extra revenue into further alpha demand. TAOHash thus illustrates how Bittensor’s incentive rails can redirect compute away from entrenched centers, pricing it in real‑time tokens and potentially restoring decentralization to Bitcoin’s s...