Month: May 2025

UK regulator moves to restrict borrowing for crypto investments

boss

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments. According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of payments and digital finance, told the FT that “crypto is an area of potential growth for the UK, but it has to be done right.” He added: “To do that we have to provide an…

Nears $100,000 Mark Post Breakthrough Of 10-Week High

boss

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. The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. …

Are Donald Trump’s tariffs a legal house of cards?

boss

On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year. Asked about his tariff program, the president remarked, “Somebody said, ‘Oh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more.’” But the toy stores where those dolls are sold might have something to say about it.  Earlier in the week, Mischief Toy Store in St. Paul, Minnesota joined a…

Movement (MOVE) Tanks 21%: Will Prices Recover Above $1?

Key Notes MOVE dropped over 21% in 24 hours, hitting its lowest price ever. Co-founder Rushi Manche was suspended following a controversial market-making deal. Coinbase will halt MOVE trading on May 15 due to listing standard violations. Ethereum layer-2 project Movement’s native cryptocurrency, MOVE, nosedived to a record low of $0.185 today. At the time of writing, the token is trading around $0.19, down by 21%, following a series of controversies. The price drop follows the suspension of the project’s co-founder Rushi Manche by Movement Labs. This disciplinary action comes…

Bitcoin dominance soars above 64%: altcoins face uphill battle

boss

Bitcoin’s dominance relative to other major cryptocurrencies continues to soar reaching a new 4-year high. Bitcoin’s (BTC) dominance has surged to 64%, a four-year high, signaling its unrivaled strength in the cryptocurrency market. This metric, which measures Bitcoin’s share of the total crypto market capitalization, reflects a growing preference for Bitcoin as a safe haven amid economic uncertainty. As BTC’s price hovers above $96,000, institutional inflows via ETFs and corporate treasury adoption, like Metaplanet’s 5,000 BTC holdings, are fueling this rally. But what does this mean for other major blockchain…

Bumble Will Use Google Wallet’s ZKPs for Age Verification

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…

Metaplanet Sells $25 Million in Bonds to Expand Bitcoin Holdings

Key Notes Metaplanet issues $25M in bonds to purchase additional Bitcoin. The bond was sold entirely to EVO Fund, maturing on October 31, 2025. Metaplanet aims to reach 100,000 BTC by the end of 2025. Japanese investment firm, Metaplanet, announced that it was issuing bonds worth 3.6 billion yen (around $24.8 million) to buy additional Bitcoin. This follows a meeting of Metaplanet’s Board of Directors on May 2, 2025, where they discussed issuing the 12th Series of Ordinary Bonds to the bondholder, EVO FUND. The bonds are set to be…

Goldman Sachs Expands Into Crypto Trading and Tokenization

Key Notes Goldman Sachs aims to expand its crypto trading operations. The firm is exploring crypto lending and asset tokenization. Expansion plans await regulatory approval from authorities. Goldman Sachs recently announced its intention to strengthen its presence in the crypto ecosystem through initiatives in tokenization and lending. This was revealed by Matthew McDermott, the bank’s global head of Digital Assets, while speaking with CNBC’s Dan Murphy during the TOKEN2049 event in Dubai. McDermott explained that the investment bank is planning to expand its crypto trading operations, while also exploring opportunities…

XRP Poised For Final Flush Before Breakout: Crypto Analyst

boss

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. XRP opened the new month perched against a chart inflection that popular trader CasiTrades (@CasiTrades) describes as “one of the most important structural levels” for the token this cycle.…