Month: May 2025

America’s crypto renaissance is already failing; but we can fix it

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Opinion by: Shane Molidor, Founder, Forgd For years, launching a crypto project in the United States has been a maze of uncertainty. Legal ambiguity and a hostile regulatory environment have driven founders offshore, turning places like Switzerland and the Cayman Islands into global hubs for blockchain innovation.  With Trump’s election, things finally started to change, with a US administration openly declaring its intention to be crypto-friendly. Yet, despite the rhetoric, nothing concrete has changed so far. Launching a crypto project in the US is just as difficult as ever. US…

Solana Devs Patch Critical Bug — Will SOL Price Rebound

Key Notes Despite no reported exploits, the Solana Foundation faced community criticism for its private communication with validators during patching. After a 20% recovery in April, SOL price is consolidating near $150 and targeting a rally to $200 and beyond. Solana has achieved significant milestones, with meme coin trading boosting the blockchain’s revenue. Developers and validators at the Solana Foundation have fixed a critical bug that allowed attackers to potentially mint certain tokens on the blockchain and even withdraw them from user accounts. Despite consolidation under $150 over the past…

5 major stablecoins are growing crypto adoption

Increasing institutional interest and moves toward legal frameworks for stablecoins have seen the space grow, with five major projects slated to expand the market in the near future. In the EU, the Markets in Crypto-Assets (MiCA) regulatory package is in full force and has given stablecoin issuers clear guidelines by which they can enter European markets. In the US, the STABLE Act and the GENIUS Act, which would provide rules for stablecoins, are making their way through Congress.  As a result, major payments firms like Mastercard and Visa are stepping…

Whales Lose Big In $8.58 Million Sell-Off

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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. Two big holders of the TRUMP token sold 765,128 of them for $8.58 million on Saturday morning in a sharp move, netting a loss of $2.34 million. The hasty…

Pump.fun Rakes In $300M YTD as Solana Meme Market Surges

Key Notes Pump.fun’s YTD fees surpassed Ethereum’s. The meme coin launchpad recorded a total trading volume of almost $30 billion YTD. Pump.fun ecosystem tokens rise despite Bitcoin’s price correction. . Pump.fun, a Solana-based meme coin launchpad, has dominated Ethereum, the largest blockchain by total value locked, over the past nine weeks. According to data from Token Terminal, Pump.fun accumulated $294.3 million in fees year-to-date, surpassing Ethereum’s $248.7 million. The protocol has registered a total trading volume of $29.7 billion YTD. Data shows that the Solana-based meme coin platform has been…

Weekly inflows into US Bitcoin ETFs dip 40% amid stagflation worries

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U.S. spot Bitcoin ETFs saw a noticeable slowdown in inflows last week, mostly because investors got spooked by weak U.S. economic data and Trump’s new tariffs, which raised fresh worries about stagflation. According to data from SoSoValue, Bitcoin ETFs brought in $1.81 billion over the past week, which was a little over 40% less than the $3.06 billion they recorded the week before.  Net inflows into BTC ETFs observed over the last week | Source: SoSoValue Most of last week’s inflows went into BlackRock’s IBIT, which attracted a massive $2.48…

$8.8 Billion Blockchain Hub: A Game-Changer for Maldives’ Economy?

MBS Global Investments, based in Dubai, plans to invest $8.8 billion over five years to establish a blockchain and digital asset hub in the Maldives. This initiative aims to diversify the country’s economy, which currently relies heavily on fishing and tourism. Diversifying the Maldives’ Economy The Dubai-based MBS Global Investments is reportedly set to pour […] Source CryptoX Portal

Dogecoin Price Hit An Early Bottom? Why $0.35 Is Still Possible

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Dogecoin saw its price crash once again after a month of upward movement in April. This downturn has affected sentiment once again, pushing investors back into the fear territory. However, this might only be a small blip in the radar as the Dogecoin price could be ready for a rebound. One crypto analyst in particular has said that it is possible that the Dogecoin price has marked a bottom. Dogecoin Price Might Have Bottomed After Crash Crypto analyst Astronomer has called a possible bottom for the Dogecoin price after the…

Donald Trump gives conflicting answers over memecoin profits

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US President Donald Trump gave clashing answers to whether he has profited from the crypto memecoin he launched in January, just days before he re-entered the White House. In a wide-ranging interview with Kristen Welker on NBC News’ Meet the Press released on May 4, Trump said he was “not profiting from anything” when asked to respond to critics who said he’s profiting from the presidency through the memecoin. “So you’re not profiting off of the cryptocurrency at all?” Welker asked Trump. “I haven’t even looked,” Trump admitted. “But I’ll…