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Found 2322 news

  • REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
    CryptoSlate - 21:10 May 30, 2025
    REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […] The post REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance appeared first on CryptoSlate.
    Tags: C-Corp ETFs
  • Ethereum’s Pectra update meets expectations, edges closer to Fusaka
    CryptoSlate - 20:30 May 30, 2025
    Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.  The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are […] The post Ethereum’s Pectra update meets expectations, edges closer to Fusaka appeared first on CryptoSlate.
    Tags: Pectra Ethereum Fusaka
  • US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree
    CryptoSlate - 20:00 May 30, 2025
    The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million. The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, […] The post US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree appeared first on CryptoSlate.
    Tags: Philippines Treasury
  • Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%
    CryptoSlate - 19:30 May 30, 2025
    Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors.  […] The post Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7% appeared first on CryptoSlate.
    Tags: Bitcoin Brazilian
  • Czech Justice Minister resigns after selling $45M Bitcoin gift from convict
    CryptoSlate - 18:45 May 30, 2025
    Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 […] The post Czech Justice Minister resigns after selling $45M Bitcoin gift from convict appeared first on CryptoSlate.
    Tags: Czech Justice Minister Bitcoin
  • Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion
    CryptoSlate - 18:00 May 30, 2025
    Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […] The post Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion appeared first on CryptoSlate.
    Tags: Solana Coinbase
  • Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment
    CryptoSlate - 17:16 May 30, 2025
    Trump Media & Technology Group confirmed the close of a $2.44 billion private placement on May 29 to fund a sweeping Bitcoin (BTC) treasury strategy. The deal, involving approximately 50 institutional investors, includes the sale of 55.9 million shares of common stock at $25.72 per share and $1 billion in 0% convertible senior secured notes […] The post Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment appeared first on CryptoSlate.
    Tags: Bitcoin Trump Media
  • Banco Santander eyeing crypto expansion with fiat-backed stablecoin
    CryptoSlate - 00:00 May 30, 2025
    Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a […] The post Banco Santander eyeing crypto expansion with fiat-backed stablecoin appeared first on CryptoSlate.
    Tags: Banco Santander
  • Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge
    CryptoSlate - 23:15 May 29, 2025
    BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat. Despite that pause, the ETF has […] The post Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge appeared first on CryptoSlate.
    Tags: IBIT Bitcoin BlackRock
  • Champions League finalist PSG confirms Bitcoin treasury, looks for Web3 builders
    CryptoSlate - 22:30 May 29, 2025
    Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network. During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds […] The post Champions League finalist PSG confirms Bitcoin treasury, looks for Web3 builders appeared first on CryptoSlate.
    Tags: Champions League Web3 Bitcoin
  • SEC files dismissal on Binance lawsuit files after two-year securities showdown
    CryptoSlate - 21:51 May 29, 2025
    The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the […] The post SEC files dismissal on Binance lawsuit files after two-year securities showdown appeared first on CryptoSlate.
    Tags: Binance
  • Bitcoin hit its new ATH without fresh supply, forcing buyers to chase dormant coins
    CryptoSlate - 21:30 May 29, 2025
    Bitcoin didn’t reach its new ATH with widespread coin movement or a surge in recycled supply. The rally came as large portions of Bitcoin’s UTXO set continued to age, locking up liquidity instead of distributing it. Between Feb. 28 and May 28, the share of the UTXO set classified as long-term (outputs older than 6 […] The post Bitcoin hit its new ATH without fresh supply, forcing buyers to chase dormant coins appeared first on CryptoSlate.
    Tags: Bitcoin
  • Webus International reveals $300M XRP treasury bid to power borderless payments
    CryptoSlate - 21:00 May 29, 2025
    Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit […] The post Webus International reveals $300M XRP treasury bid to power borderless payments appeared first on CryptoSlate.
    Tags: Webus International
  • Bloomberg analyst foresees Meta as trailblazer in corporate Bitcoin integration
    CryptoSlate - 20:30 May 29, 2025
    Meta could be the first US corporation of its scale to place Bitcoin (BTC) on its balance sheet, according to Bloomberg senior ETF analyst Eric Balchunas. In a May 28 post on X, Balchunas argued that a move by a “Big Boy” company would validate corporate treasury adoption of the asset. He added that “it […] The post Bloomberg analyst foresees Meta as trailblazer in corporate Bitcoin integration appeared first on CryptoSlate.
    Tags: Meta Bloomberg Bitcoin
  • Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger
    CryptoSlate - 20:00 May 29, 2025
    Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market. The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a […] The post Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger appeared first on CryptoSlate.
    Tags: Asian Bitcoin Sora
  • Musk says no deal signed with Telegram despite Grok integration announcement
    CryptoSlate - 19:20 May 29, 2025
    Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day. Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the […] The post Musk says no deal signed with Telegram despite Grok integration announcement appeared first on CryptoSlate.
    Tags: Telegram Musk Grok
  • Donut raises $7 million to build AI-driven crypto browser
    CryptoSlate - 19:00 May 29, 2025
    Donut, a new crypto-native browser purpose-built for autonomous agents, announced on May 29 that it has secured $7 million in pre-seed funding to reimagine how users and AI interact with the decentralized web. The round was led by Hongshan (formerly Sequoia China), BITKRAFT Ventures, and HackVC, with additional backing from Sky9 Ventures, Matrix Partners, Makers […] The post Donut raises $7 million to build AI-driven crypto browser appeared first on CryptoSlate.
    Tags: Donut AI-driven
  • Bitcoin eyes $120,000 price zone as exchange flows, leverage surge
    CryptoSlate - 20:36 May 28, 2025
    Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest.  Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks.  Bitcoin hit a new all-time high of $111,000 before pulling back […] The post Bitcoin eyes $120,000 price zone as exchange flows, leverage surge appeared first on CryptoSlate.
    Tags: Bitcoin
  • JD Vance declares ‘Operation Chokepoint 2.0’ dead, pledges crypto market clarity
    CryptoSlate - 19:51 May 28, 2025
    US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry. Vance said the President Donald Trump administration has […] The post JD Vance declares ‘Operation Chokepoint 2.0’ dead, pledges crypto market clarity appeared first on CryptoSlate.
    Tags: Operation Chokepoint Vance
  • SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation
    CryptoSlate - 19:25 May 28, 2025
    The US Securities and Exchange Commission released the agenda for its upcoming roundtable, “DeFi and the American Spirit,” scheduled for June 9 at its Washington, D.C. headquarters. Organized by the agency’s Crypto Task Force, the half-day event is the fifth in an ongoing series designed to explore regulatory approaches to digital assets. The latest session […] The post SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation appeared first on CryptoSlate.
    Tags: DeFi

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