Friday, May 30, 2025

Crypto

Bitcoin’s drop below $104K caps the start of altcoin season

Key points:Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000.Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels.Bitcoin’s (BTC) failure to rise above $109,588 may have tempted short-term...

US Congress introduces the CLARITY Act for digital assets

US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “CLARITY Act of 2025” comes with support from lawmakers across both sides...

Conduit Raises $36M to Expand Cross-Border Stablecoin System

Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across...

BlackRock Strategic Income Opportunities Portfolio adds IBIT shares

BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy.As of March 31, 2025, the BlackRock Strategic Income...

Bitcoin price aims for new highs on Memorial Day

Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding more than ten thousand Bitcoin, but cohorts below...

Strategy’s Michael Saylor hints at buying the Bitcoin dip

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22."I only buy Bitcoin with money I can't afford to lose," Saylor...

Decentralizing telecom benefits small businesses and telcos — Web3 exec

Decentralizing telecommunication networks financially benefits small businesses and telecom corporations alike, according to Frank Mong, the chief operating officer (COO) of Nova Labs, the founding team behind the Helium wireless decentralized physical infrastructure (DePIN) network.In an interview with...

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Key points:Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip.Excessive leverage in Bitcoin futures increases the risk of a quick correction.Select altcoins have turned down from their respective overhead resistance levels, signaling that the...

US lawmaker introduces anti-corruption bill ahead of Trump’s dinner

California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block Trump’s memecoin and stop his crypto corruption.”In a May 22 notice, Rep. Waters said the Stop...

Interest groups, lawmakers to protest Trump’s memecoin dinner

Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trump’s memecoin dinner on May 22. The...
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Turn ChatGPT into income with these 5 money-making AI prompts

So, you want to start making money using AI but you’re not trying to build Skynet or...
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