Month: May 2025

Pi Network to invest $100M in startups building blockchain apps

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Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will invest in startups and businesses building on Pi Network or contributing to its broader ecosystem. “This strategic program intends to invest in high-quality startups and companies across sectors, driving innovation and ecosystem growth,” Pi Network said in an X post. Source:…

US Senate Prepares Stablecoin GENIUS Act Vote by May 26

Key Notes Gillibrand highlighted significant refinements in the bipartisan stablecoin bill, focusing on consumer protection, bankruptcy protocols, and issuer requirements. The stablecoin bill faced setbacks when Senate Democrats withdrew support, citing concerns over Trump-affiliated crypto projects. The crypto industry is pushing for the GENIUS Act and a Republican-led market structure bill to pass before the midterm elections in 2026. While speaking at an event by Stand By Crypto, crypto-friendly Republican Senator Cynthia Lummis stated that she expects the GENIUS Act for US-based stablecoins to be passed on Memorial Day, May…

Fan Tokens Rally as UCL Grand Finale Approaches

Key Notes PSG and INTER tokens rise two weeks ahead of the UCL final. Fan tokens see a cumulative growth of 1.5% in 24 hours. The broader crypto market is seeing a cooldown. The finalists of the 2024/25 UEFA Champions League season, one of the most popular club football tournaments, are seeing a rise in their fan tokens. Paris Saint-Germain Fan Token (PSG) rose 13% and reached a local high of $2.80 earlier today. The asset is currently trading at $2.75. PSG’s market cap is hovering at $24.45 million. The…

$MOG Crypto Analysis: 7 SMA & 200 EMA Pullback Incoming? #shorts

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Avalanche Eyes 30% Rally Amid Cup-And-Handle Pattern Breakout

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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. After reclaiming a crucial level over the past week, Avalanche (AVAX) faces resistance near the $27 mark. Some analysts have suggested that reclaiming this area could kickstart a rally…

COIN Stock in Focus as Coinbase CEO Pushes for Stablecoin Bill

Key Notes Armstrong expressed optimism about achieving “meaningful laws” soon while building a market structure for stablecoin use. Following its $2.9 billion acquisition of Deribit, Armstrong highlighted Coinbase’s ongoing pursuit of mergers and acquisitions. Coinbase (COIN) shares have rallied 30% in the past week, driven by strong Q1 2025 results and its historic inclusion in the S&P 500 index. Coinbase Global Inc (NASDAQ: COIN) stock has been on investors’ radar recently following a sharp 30% rally over the past week, on the backdrop of strong Q1 2025 results, and the…

Ukraine strategic Bitcoin reserve bill reportedly in final stages

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Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia. Lawmakers are reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill in its final stages, according to Yaroslav Zhelezniak, a member of parliament who confirmed the plan to local media outlet Incrypted. The proposal was announced during the CRYPTO 2025 conference in Kyiv on Feb. 6. “We will soon submit a draft law from the industry allowing the creation…

Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit

Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response […] Source CryptoX Portal

Crypto Exchange CEO’s Daughter and Grandson Narrowly Escape Kidnap Attempt by Armed Gang in France: Report

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Armed assailants have reportedly attempted to kidnap the daughter and grandson of a crypto exchange executive in France. The news television network France 24 reports that four masked men attacked a couple and their child in broad daylight in Paris on Tuesday. Video footage shows that three of the perpetrators jumped out of a white delivery van to force the woman and her child into the vehicle. They also beat the woman’s partner, who tried to intervene. But the woman, the daughter of France-based crypto exchange platform Paymium CEO and…

How to Invest in Crypto as a COMPLETE Beginner 2025 Guide

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