Day: May 23, 2025

Bitcoin Reverses Gains as President Trump Revives Tariff Scare

Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B reversed gains on May 23 after President Donald Trump announced new trade measures targeting the European Union. The move sent shockwaves across global markets, with Bitcoin and other cryptocurrencies reacting negatively to the revived tensions. Trump’s EU Tariff Plan Sends Market into Panic The digital asset markets woke up to a fresh wave of volatility after President Trump declared a 50% tariff on all goods imported from the European Union. In a post on Truth…

CZ Denies WSJ Claims on Trump-Linked Crypto Deals

Key Notes CZ denies acting as a fixer for Trump-linked World Liberty Financial. He criticizes the WSJ report as inaccurate and biased against crypto. CZ claims the article is part of a broader anti-crypto agenda in the U.S. Changpeng “CZ” Zhao, the founder and former CEO of Binance, has denied allegations from an article published by The Wall Street Journal that stated that CZ acted as an intermediary between the World Liberty Financial (WLF) team and tech entrepreneur Bilal bin Saqib. CZ criticized the Wall Street Journal article, claiming it…

When Will Altcoin Season Begin After Bitcoin Price Hit ATH Above $111,000?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst Astronomer has provided insights into when the altcoin season will likely begin following the Bitcoin price’s rally to a new all-time high (ATH). His analysis indicated that…

Ethereum Nears ATH, But $2,900 Resistance Looms

Key Notes On-chain data highlights a strong support level at $2,370, with minimal resistance above it. Yet, broader crypto market sentiment has been shaken by geopolitical concerns, including potential U.S.tariffs on the EU. Spot Ethereum ETFs are experiencing increased inflows, totaling $110 million on Thursday. Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B price has been showing major strength recently, rising to the crucial resistance of $2,700, with a massive 50% upside in the last 15 days. However, the altcoin is encountering significant…

Alchemy acquires NFT launchpad with 1 million users

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Web3 developer platform Alchemy has acquired HeyMint, a California-based non-fungible token (NFT) launchpad, in a move designed to enhance the company’s smart wallet infrastructure.  The undisclosed funding deal will see HeyMint’s infrastructure embedded within Alchemy as it seeks to simplify user onboarding for Web3 applications, the company disclosed on May 23. HeyMint’s co-founder and chief technology officer, Flor Ronsmans De Vry, joins Alchemy as part of the deal.  While not a household name in crypto, HeyMint attracted more than 1 million users over its first two years of operations. It…

Trump Memecoin Dump Follows Gala Hype

Key Notes TRUMP token plunged 8.84% as top holders dumped $394 million worth of tokens ahead of the May 22 gala. 92 out of 220 wallets exited positions before the event, sparking insider trading concerns. The gala faced backlash as lawmakers called for transparency amid meme coin-political overlap. The latest market data shows a sharp decline in Official Trump TRUMP $12.85 24h volatility: 0.3% Market cap: $2.57 B Vol. 24h: $951.17 M token prices. This twist comes shortly after the much-hyped crypto dinner that U.S. President Donald Trump hosted. Market…

The future of Web3 is not blockchain

Opinion by: Grigore Roșu, founder and chief executive officer of Pi Squared For some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around Bitcoin, Ethereum, and their descendants. Given blockchain’s well-documented scaling limits, however, there is an argument to be made that Web3 doesn’t actually need blockchains to thrive. Instead, it requires payment systems and verifiable settlement systems that are super fast. Blockchains are just one way to…

Solana Faces Stiff Challenges While Lightchain AI Charts an Exciting New Path

PRESS RELEASE. The cryptocurrency space is shifting fast, and the landscape is never short of groundbreaking developments. While Solana ( SOL) has enjoyed explosive growth in the past, the cracks are starting to show. Solana’s lack of utility beyond meme coins is raising concerns among seasoned investors, and its trajectory seems increasingly uncertain. Meanwhile, an […] Source CryptoX Portal