Crypto

Can XRP hit $100? Here's what ChatGPT thinks about it.

A Bitcoin executive claims the exodus from fiat assets has "already begun," and Bitcoiners still underestimate how much Bitcoin treasury companies will ultimately hold. Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045. “Bitcoin Treasury Companies will hold 50% of all BTC, way more than most Bitcoiners are prepared for,” Jesse Myers said in a May 23 X thread. Myers further forecasted that Michael Saylor’s Strategy will own $70 trillion worth of Bitcoin (BTC) by 2045, “making it by far the most valuable company in the history of the world.” At the time of publication, Strategy holds 576,320 Bitcoin, worth approximately $62.24 billion, according to Saylor Tracker. Read more

Polygon, initially known as Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.

U.S. President Donald Trump threatened a 50% tariff on all European Union imports and a 25% levy on imported Apple iPhones late Friday, sending markets tumbling.

A US judge vacated Mango Markets exploiter’s fraud convictions, ruling the DeFi protocol’s permissionless design left no room for misrepresentation. A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets. On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg made materially false representations to Mango Markets. The decision vacates Eisenberg’s convictions for commodities fraud and market manipulation and acquits him of a third charge, significantly weakening the government’s case. Read more

Market capitalization slumped 5% as traders took profits on the week-long rally ahead of the weekend.

ENA and WIF are among the poorest performers today.

US-based spot Bitcoin ETFs recorded a straight week of daily inflows for the first time in four weeks. US-based spot Bitcoin exchange-traded-funds (ETFs) have recorded a total of $2.75 billion in inflows this week amid Bitcoin surpassing its January all-time high of $109,000. The $2.75 billion in inflows is approximately 4.5 times larger than the previous week’s $608 million, according to Farside data. On May 23, the final day of the trading week, spot Bitcoin (BTC) ETFs recorded $211.7 million in inflows. However, BlackRock’s IBIT was the only fund to post gains in the trading day, adding $430.8 million and extending its inflow streak to eight consecutive days. Read more

Fellow Polygon co-founder Sandeep Nailwal said that Bjelic has always been “a force behind so much of what makes Polygon what it is today.” Mihailo Bjelic, co-founder of Ethereum layer-2 scaling solution Polygon, has stepped down from his role at Polygon but suggests he will stay active in the crypto industry in some capacity. His resignation drew reactions across Polygon and the wider crypto community, with several seeing it as a loss for Polygon, which has been tied to several major developments in recent months. “After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation and wind down my day-to-day involvement with Polygon Labs,” Bjelic said in a May 23 X post. Read more

Tariff threats from US President Donald Trump disrupted BTC’s bullish momentum, putting bulls’ chance of securing $110,000 before a $13.8-billion options expiry at risk. Key takeaways: Bitcoin bulls aim to push BTC above $110,000 by May 30 to capitalize on $4.8 billion in call options. Spot BTC ETF inflows and weak put positioning give bulls a strong edge in the monthly expiry. Read more

Tokenization could pave the way for widespread micro-ownership of businesses, said Akshay BD, nCMO at the Solana Foundation. The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer over time.” Akshay noted growing uncertainty among investors, citing concerns from investment managers who report heightened anxiety among clients. “You have low bond yields, you have asset price bubbles, and people don't really know how the traditional asset allocation model works anymore,” he said. The 60-40 portfolio hasn’t delivered consistent returns in a long time.” He attributed some of this tension to a widening gap between income earned through wages and wealth accumulated through asset ownership. Retail investors, he add...

BlackRock’s IBIT topped all US-based exchange-traded funds (ETFs) in inflows on May 22 following Bitcoin’s rally to a new all-time high above $110,000. On May 23, Bloomberg ETF analyst Eric Balchunas reported that IBIT attracted $877.18 million in inflows that day, outpacing traditional heavyweights like Vanguard’s VOO, which tracks the S&P 500. VOO, typically a […] The post BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH appeared first on CryptoSlate.

Obscuring sensitive user data from artificial intelligence will become increasingly necessary as AI improves, Shielded CEO Eran Barak said. Blockchain privacy tools such as zero-knowledge (ZK) proofs will become increasingly necessary to protect online user data in the age of artificial intelligence, according to Eran Barak, CEO of Shielded Technologies, the developer behind the Midnight privacy chain. In an interview with Cointelegraph at Consensus 2025, Barak said corporate service providers and centralized servers are expected to become honeypots for AI-assisted hackers and malicious actors looking to steal valuable data, including private keys, financial metadata, medical records, and government documents. Hackers targeting centralized entities have a "massive" return on investment (ROI) and are incentivized to hack centralized targets that contain millions of valuable records, the CEO told Cointelegraph. Barak added that ZK-proofs, a way of verifying onchain data without revealing it, solve this problem:...

The Trump gala has prompted 35 House Democrats to urge the DOJ to examine whether a $TRUMP coin dinner for 220 investors at Trump National Golf Club has breached bribery law or the emoluments clause amid foreign-influence worries after Justin Sun emerged as the top investor. The post Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner appeared first on Cryptonews.

Semler's shares have risen 53% since the company announced its first Bitcoin purchases. Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million. Semler Scientific’s shares have fallen 1.36% on the same day as the disclosure, though the decrease in its share price is largely in line with the Nasdaq’s performance. That index, which follows top tech stocks, is down 1% on the day. Read more

The integration "marks the beginning of a multichain journey," said the multi-chain protocol—with more in the pipeline.

A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The jury found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering after a 12-day trial in Brooklyn on May 21. Prosecutors […] The post Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme appeared first on CryptoSlate.

Geneva, Switzerland, May 23, 2025 –  TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the expansion of a strategic integration from Bridge, a leading stablecoin orchestration platform and a Stripe company. This development further solidifies TRON’s role as a preferred settlement […] The post TRON Network Strengthens Global Payment Infrastructure as Bridge, a Stripe Company, Expands Integration appeared first on CryptoSlate.

Democrats are insisting that the bill be amended to include protections against corruption by Trump and his inner circle members.

Governor Greg Abbott posted to his official X account on May 22, roughly a day after the legislature passed a bill to create a strategic Bitcoin reserve in Texas. Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve. In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott’s shoulders, roughly three months after it was introduced.  Since taking office, Abbott referred to himself as a “crypto law proposal supporter” in 2021 and suggested that he would support policies to establish Texas as a “crypto capital” in 2024. Texas was one of a handful of state-level governments that proposed setting up a strategic crypto reserve after the 2024 federal elections.    Read more