German tokenization protocol Midas has launched a tokenized US Treasury bill on the Algorand blockchain, offering European investors exposure to yield-bearing government bonds with no investment minimum required. The mTBILL is a tokenized certificate that references short-term US Treasury exchange-traded funds (ETFs), Midas announced on May 29. The first atomic swap was executed by a third party on the Algorand blockchain on May 27. As part of the transaction, $2 million in USDC (USDC) was exchanged for mTBILLS. Midas says the mTBILL offers a lower barrier to entry for retail…
Day: May 29, 2025
Solana rally capped by SOL token unlock and memecoin decline
Key takeaways: Solana’s native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a week, leading traders to question the reasons behind the recent decline and whether SOL might revisit the $142 support level. Despite the price drop, SOL holders can take some comfort in Solana’s position as the second-largest network in terms of total value locked (TVL). Still, Ethereum’s dominance remains unchallenged, supported by a broad layer-2 ecosystem that offers low fees and…
Dogecoin Price Forms Inverse Head And Shoulders Pattern To Suggest Quick Reversal To $0.25
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. Dogecoin has flipped into negative price territory in a seven-day timeframe, with the meme coin currently down by 6.11% in the past seven days. However, this price action has…
China’s state-backed think tank considers Bitcoin reserve, Sony Bank goes Web3: Asia Express
China’s finance think tank gently pushes Bitcoin into reserve asset spotlight The International Monetary Institution (IMI), China’s state-backed finance think tank, has republished an article that quietly elevates Bitcoin in the reserve asset debate. The report by former White House economist Matthew Ferranti, originally published in October by the Bitcoin Policy Institute, argues that Bitcoin can serve as a hedge for central banks in developing economies, particularly those exposed to US dollar weaponization. It was republished by the IMI on its official WeChat account on May 28 with an editorial…
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$94 Billion Settled in Roughly Two Years
Stablecoins are gaining ground as a reliable tool for digital payments. New data from Artemis shows that $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025. The report shed light on a few specific rising areas for stablecoin payments. Business-to-business transactions made up the largest block, accounting for an annual run rate of $36 billion. Card-linked stablecoin payments have also grown, jumping above $13.2 billion in annual volume. “Overall, stablecoins have established themselves as growing and significant components of the global payment infrastructure,” the report notes.…
SEC moves to dismiss Binance lawsuit
The United States Securities and Exchange Commission (SEC) and Binance have filed a joint stipulation seeking to dismiss the securities regulator’s action against the crypto exchange, filings show. The dismissal specifically relates to the civil enforcement action brought against Binance Holdings, BAM Trading Services, BAM Management US Holdings and Binance’s former CEO, Changpeng Zhao, back in June 2023. “Whereas, in light of the foregoing, and in the exercise of its discretion and as a policy matter, the Commission believes the dismissal of this Litigation is appropriate,” the May 29 filing…
Want to Use the Panama Canal? You Could Cut the Line With BTC, Panama City Mayor Muses
LAS VEGAS, Nevada — The Mayor of Panama City, Mayer Mizrachi, is taking notes on bitcoin from the leader of El Salvador. Speaking at Bitcoin 2025 in Las Vegas on Thursday, Mizrachi said he’s been thinking of ways Panama’s capital city, which is home to the Panama Canal, could implement bitcoin payments. This includes potentially setting up a strategic bitcoin reserve for Panama City, as well as possibly taking payments — including for passage through the Panama Canal — in bitcoin, Mizrachi said. “What if you have a perk for paying in…
Letzte Chance für Ethereum? Buterin geht aufs Ganze!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ₿ ► TIPP 1: Mein wöchentlicher „Krypto-Report“ – 100% gratis → ₿ ► TIPP 2: Hier kannst Du den Kanal abonnieren → ₿ ► TIPP 3: Mein Depot 1:1 nachbilden → Ethereum (ETH) steht vor dem größten Umbau überhaupt. In den nächsten 5 Jahren soll Ethereum so einfach wie Bitcoin (BTC) werden. Dazu soll sowohl die Ausführungs-, als auch die Konsensus-Ebene von Ethereum radikal umgebaut werden. Was das konkret bedeutet, gibts im aktuellen Video. ₿ ► Link zum Video „Ethereum vor radikaler…
Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus
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. Ethereum is showing signs of renewed strength as it continues to trade above the $2,700 level, reaching as high as $2,790 in recent hours. The price action has energized…