Cointelegraph.com
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Cointelegraph.com - 14:05 May 29, 2025
sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys. SBUIDL is BlackRock’s first tokenized fund with native decentralized finance (DeFi) capabilities. SBUIDL is the DeFi-compatible version of BlackRock’s $1.7-billion tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BlackRock’s sBUIDL fund is more than just a digitized version of a treasury; it’s a glimpse into a future where traditional finance flows through decentralized pipes. Read more -
Cointelegraph.com - 13:58 May 29, 2025
A crypto trader profited over $27 million on decentralized exchange Hyperliquid after placing high-leverage, all-long bets during a major market rally. A Hyperliquid trader has pulled off an explosive and high-risk trading run, turning a $3 million deposit into $27.5 million in profit in just 52 days. Between April 7 and April 9, the trader deposited nearly $3 million on the platform and placed aggressive leveraged bets, going fully long on various crypto assets. Hyperliquid allows users to trade perpetual futures onchain without custodians or intermediaries. The trader went all-in on long positions, betting that crypto prices would increase. The trader used different leverage levels for various assets, meaning that for each dollar they put in, they were controlling more value. Read more -
Cointelegraph.com - 13:38 May 29, 2025
Hidden Road’s clients in the US can now trade cash-settled OTC swaps across major crypto assets, marking one of the first product launches following its acquisition by Ripple. Ripple’s newly acquired prime broker, Hidden Road, has launched cryptocurrency swaps for institutional investors in the United States. The service allows US institutional clients to trade cash-settled over-the-counter (OTC) swaps across multiple major crypto assets, Hidden Road announced on May 28. The new OTC swap product is offered by Hidden Road Partners, the company’s entity regulated by the United Kingdom’s Financial Conduct Authority (FCA). Read more -
Cointelegraph.com - 13:30 May 29, 2025
While regulators in Europe and the US debate crypto’s future, young Africans are already using blockchain to solve pressing challenges from unstable currencies to internet access. While blockchain headlines in the West often focus on speculation and regulation, in Africa, it’s a different story, one rooted in necessity, innovation and grassroots adoption. The latest episode of The Clear Crypto Podcast explores this ground-up revolution with Kevin Imani, head of StarkWare’s Africa Venture Studio, who shares how communities across the continent are using blockchain to tackle real-world problems in finance, energy and connectivity. “Young students were using blockchain before it was mainstream,” Imani explained. From Kenya to Nigeria, local needs, not hype, drove early adoption. Read more -
Cointelegraph.com - 13:25 May 29, 2025
Bitcoin price hovers around the $111K all-time highs, and multiple onchain and technical data suggests that the upside is not over for BTC. Key takeaways: Bitcoin’s price consolidates below its all-time high of nearly $112,000. Whale accumulation, strong ETF inflows and other factors suggest BTC is on track to $120,000. Read more -
Cointelegraph.com - 13:23 May 29, 2025
Tim Berners-Lee said at ETH Prague that if he were designing a domain system today, he would make it more decentralized, in a nod to concerns over DNS centralization. World Wide Web and hypertext markup language (HTML) inventor Tim Berners-Lee said that if he were building a domain name service (DNS) today, he would make it “more decentralized.” Speaking at ETH Prague on stage alongside Ethereum co-founder Vitalik Buterin, Berners-Lee reflected on early internet architecture decisions. “If I could go back […] I would make it more decentralized,“ he said. Read more -
Cointelegraph.com - 13:09 May 29, 2025
Trendspotting in crypto means more than luck. By using tools like Dune Analytics, Santiment and onchain data, you can uncover promising projects before the crowd catches on. Spotting the next big crypto project before it explodes demands data, discipline and a sharp eye for real signals. This guide explores how to identify early winners by analyzing onchain metrics, tokenomics, dev activity and community traction while avoiding the common traps of hype-driven pumps and red-flag projects. Despite the crypto space being crowded, fast-moving and full of noise, some investors manage to consistently find promising projects while they’re still under the radar. So, how do they do it? Read more -
Cointelegraph.com - 13:00 May 29, 2025
The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report. A key piece of US stablecoin legislation awaiting a full Senate vote may emerge as a net positive for the US dollar’s dominance in the digital asset economy. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aims to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws. The passing of the bill may solidify the US dollar’s leading position in the Web3 economy, according to a May 29 report by Foresight Ventures. Read more -
Cointelegraph.com - 12:38 May 29, 2025
Aave founder Stani Kulechov says the Ethereum Foundation is now both supplying and borrowing from Aave, completing what he calls “the full DeFi circle.” The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies. In a May 29 X post, Aave founder Stani Kulechov said the foundation borrowed $2 million in GHO tokens. “The EF is not only supplying ETH to Aave, but also borrowing from Aave,” Kulechov wrote, describing the development as “the full DeFi circle.” GHO is a decentralized, overcollateralized stablecoin native to the Aave Protocol. Unlike centralized stablecoins, GHO is governed by Aave’s decentralized autonomous organization (DAO), which oversees interest rates, collateral requirements and facilitator selection. Read more -
Cointelegraph.com - 12:30 May 29, 2025
Donut’s AI agents understand page intent and autonomously execute blockchain transactions for token swaps, yield farming or portfolio optimization. New York-based Donut Labs has raised $7 million in a pre-seed funding round to build what it claims will be the world’s first “agentic” crypto browser, a tool using artificial intelligence to help users interact with blockchain-based applications. The round was led by Sequoia, Bitkraft and HackVC, with participation from angel investors including Solana and other ecosystem leaders, such as Matrix Partners, Sky9 Ventures, Makers Fund and SonicSVM. The $7 million will support the development of Donut, an executable crypto browser powered by artificial intelligence agents, with a native cryptocurrency wallet and decentralized exchange integration, decentralized network access and onchain execution. Read more -
Cointelegraph.com - 12:15 May 29, 2025
Bitcoin is getting bullish cues from its "cleanest trend indicator," leading analysis to predict a run to $200,000 this year. Key points: Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024. Previous signals mostly resulted in a BTC price blow-off top over the coming year. Read more -
Cointelegraph.com - 11:44 May 29, 2025
Bybit has received regulatory approval under the EU's MiCA framework and has opened its European headquarters in Vienna. Bybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), allowing the exchange to expand into the European market. The approval allows Bybit EU, registered under commercial number 636180i, to operate as a regulated crypto asset service provider (CASP) and extend its services across all 29 European Economic Area member states. As part of its expansion, Bybit has officially established its European headquarters in Vienna, Austria, according to a May 29 news release shared with Cointelegraph. Read more -
Cointelegraph.com - 11:27 May 29, 2025
Solana's reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion. Key takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline. Solana’s memecoin revenue has collapsed since April, weakening its core value proposition. Read more -
Cointelegraph.com - 11:05 May 29, 2025
India’s central bank is scaling up its digital rupee pilots with new features like programmability and offline payments, aiming for broader financial inclusion. The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and features for both its retail and wholesale central bank digital currencies (CBDCs), according to the central bank’s Annual Report for 2024–25. The central bank said it aims to explore programmability and offline capabilities for the digital rupee, features that may increase its applicability in areas with limited internet access and tailor payments for specific use cases such as government subsidies or corporate spending controls. Currently, both versions of the CBDC are undergoing pilot testing. The retail CBDC pilot is being conducted with select customers and merchants through participating banks, while the wholesale pilot is targeting use in the interbank market. Read more -
Cointelegraph.com - 01:56 May 29, 2025
Nvidia shares have jumped nearly 5% after-hours after the chipmaker’s Q1 results beat estimates on revenue but fell short on earnings. Chip-making giant Nvidia has posted mixed results in its first quarter earnings, beating Wall Street expectations on revenue but missing predictions on its income amid US restrictions on its exports to China. In earnings released May 28 for its first quarter of the 2026 fiscal year ended April 27, Nvidia reported revenues of $44.1 billion, up 12% from its previous quarter and 69% from a year ago and beating Zacks analyst estimates of $42.91 billion by nearly 2.7%. However, the chip maker posted an earnings per share of 81 cents, missing analyst estimates of 85 cents per share. Nvidia recorded a net income of $18.8 billion, up 26% compared to a year ago. Read more -
Cointelegraph.com - 00:46 May 29, 2025
A Manhattan federal court has frozen $57 million worth of USDC allegedly tied to the controversial Libra memecoin. A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin. Onchain data shared with Cointelegraph by the class group’s lawyer, Max Burwick, shows nearly $57 million worth of USDC (USDC) was frozen on May 28 after a Manhattan court agreed to a temporary freeze. “Yesterday, a federal court in SDNY [Southern District of New York] entered a Temporary Restraining Order at our request, Burwick Law, supported by Tim Treanor, freezing approximately 57.65 million USDC held at Circle,“ Burwick told Cointelegraph. Read more -
Cointelegraph.com - 23:20 May 28, 2025
Solana technical charts and futures data point to a potential rally to $300. Key takeaways: Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300. Solana’s $7.5 billion in futures open interest and negative funding rates could be a sign that a powerful short squeeze is in the making. Read more -
Cointelegraph.com - 22:20 May 28, 2025
Call options outweigh puts in ETH’s $2.8 billion options expiry. Will Ethereum rally back to $2,700? Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. Read more -
Cointelegraph.com - 21:49 May 28, 2025
According to Labor Secretary Chavez-DeRemer, this move returns investment decisions to fiduciaries instead of bureaucrats. The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans. On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when considering cryptocurrency for 401(k) retirement plans. The move could give asset managers more flexibility to include digital assets in retirement investment options. The government agency removed the guidance asserting that it represented a departure from the department’s “historically neutral, principled-based approach to fiduciary investment decisions.” Read more -
Cointelegraph.com - 21:22 May 28, 2025
A unique Bitcoin price model forecasts a $220,000 to $330,000 peak before the end of 2025. Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time. Read more
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