Finance
Peter Schiff Denounces Bitcoin as a 'Cult' and Affirms His Support for Gold
At the Bitcoin 2025 conference, Peter Schiff criticized Bitcoin, labeling it a 'memecoin' and reaffirming the value of gold as a primary reserve asset.
Finance
Ethereum Makes Remarkable Gains in May, Surpassing the DeFi Market
Ethereum's value has surged, currently outpacing both the DeFi market and Bitcoin as institutional investment booms.
Business
Twenty One Capital Raises Total of $685 Million in Bitcoin Financing Ahead of Merger
The cryptocurrency firm Twenty One Capital has successfully raised $100 million through convertible senior secured notes, bringing its cumulative fundraising to $685 million, as it prepares to merge with Cantor Equity Partners.
Crypto
Tether and Tron Lead Surge in Stablecoin Payment Dominance
A recent analysis reveals Tether's USDT and the Tron network are reversing trends in the stablecoin payments market.
Finance
UNI Sees 10% Increase This Week While Bitcoin Stabilizes
Uniswap's UNI token has surged 10% in the past week, coinciding with Bitcoin consolidation at $108,000.
Finance
CANTO Surges by 250% Before Plummeting
The CANTO token witnessed extreme trading fluctuations on Thursday, achieving a rise of 250% before experiencing a significant drop in value.
Crypto
Daily CoinDesk 20 Update: A Surge for Uniswap (UNI) and NEAR Protocol
Uniswap (UNI) sees a notable rise of 6.2%, while NEAR Protocol (NEAR) also demonstrates significant gains of 5.7%.
Crypto
The End of Solana's Long Bullish Run Against Ethereum; XRP's Uptrend Comes to a Halt
A technical analysis indicates that Solana's long-term bullish performance against Ethereum has concluded, with signs of an impending trend reversal for XRP.
Finance
Major Institutional Backing for Solana: $1 Billion Raise and Liquid Staking Adoption
Two significant moves are made by public companies to bolster Solana's market presence, including a funding initiative and the introduction of liquid staking.
Altcoin News
TON Crypto Rises 40% Following BlackRock's Support for Telegram's $1.5 Billion Bond Deal
TON cryptocurrency surged 40% after Telegram announced its $1.5 billion bond sale, backed by major investors like BlackRock.
Bitcoin
JD Vance's Bold Address Against Anti-Crypto Regulations at Bitcoin 2025
Vice President JD Vance declares an end to regulatory harassment in his speech at Bitcoin 2025, emphasizing the Trump administration's support for cryptocurrency and announcing new legislation.
Crypto
Court Freezes $57 Million in USDC Tied to LIBRA Token Legal Case
A federal court in the US has temporarily frozen over $57 million in USDC related to a class action lawsuit concerning the controversial LIBRA token.
Cryptocurrency News
Current Trends in the Crypto Market: Bitcoin Struggles to Break $110k Barrier
The cryptocurrency market faced significant challenges today as Bitcoin attempted to cross the $110k mark amidst rising sell-offs.
Adoption
Crypto Allowed in 401(k)s as Trump's Administration Changes Course
The U.S. Department of Labor has lifted its previous warnings regarding cryptocurrencies in retirement plans, allowing for Bitcoin and other digital assets to be included in 401(k) accounts.
Business
Nvidia's Strong Earnings May Boost AI-Linked Cryptocurrency Tokens
Nvidia reported a significant revenue increase in the first quarter, which could positively impact AI-related digital tokens.
Crypto
Ledger Launches 'Crypto Life' Visa Card for U.S. Consumers
The new Crypto Life Visa card from Ledger offers U.S. users cashback in cryptocurrency and payroll deposit capabilities.
Finance
VivoPower Secures $121 Million to Establish XRP Treasury Initiative with Saudi Support
VivoPower International aims to set a precedent as the first public firm to adopt a treasury strategy focused on XRP, backed by notable Saudi investments.
Finance
JD Vance Highlights Importance of Crypto Regulation for Trump's Administration
U.S. Vice President JD Vance emphasizes the necessity of a regulatory framework for cryptocurrency to foster innovation and ensure its integration into the mainstream economy during a speech in Las Vegas.
Policy
Vietnamese Woman Detained in Thailand Over Suspected $300 Million Cryptocurrency Scam
Ngo Thi Theu has been arrested in Thailand for allegedly leading a large-scale crypto fraud operation affecting thousands.
Crypto
New Malware Discovered in Privacy-Focused Crypto Dero
A recent analysis reveals a self-spreading malware campaign that targets unsecured Docker infrastructures, affecting the privacy coin Dero. Major developments in cryptocurrency technology, including Solana's integration with MetaMask and FIFA's new blockchain initiative, are also highlighted.
