Month: May 2025

TRUMP Panic? Whale Pulls $4M Amid SEC Warning of ‘No Protection’

Key Notes A whale withdrew $4.53M in TRUMP tokens from Binance amid a steep price decline. SEC Commissioner Hester Peirce confirmed the agency won’t regulate meme coins like TRUMP. Indicators show that TRUMP is bearish with oversold RSI and price hugging the lower Bollinger Band. The Trump-backed meme coin, Official Trump (TRUMP), is once again in the spotlight with a fresh wallet, as revealed by Onchain Lens, withdrawing 425,764 TRUMP tokens—valued at approximately $4.53 million—from Binance, The transaction hints at either a strategic repositioning or an impending dump. This comes…

IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan

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The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan. However, the IMF has raised red flags about the move, requesting urgent clarification from the Finance Ministry regarding the legality of crypto mining and the power allocations, particularly as the nation struggles with chronic energy shortages and…

Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally

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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. Ethereum is trading near a crucial support zone as the entire crypto market undergoes a retracement phase. After days of bullish momentum, ETH now hovers around the $2,550 level—a…

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As the SEC Binance case winds down, did the Binance lawsuit already do the damage?

How did the decision by SEC Binance to close the Binance lawsuit coincide with Binance losing over 30% of its global trading volume between 2023 and April 2025? The SEC vs Binance battle fades as the SEC lawsuit against Binance gets quietly buried After nearly two years of courtroom tension, regulatory scrutiny, and public debate, the U.S. Securities and Exchange Commission has formally withdrawn its civil lawsuit against Binance and its founder, Changpeng “CZ” Zhao.  The decision, filed jointly by lawyers from both sides on May 29, in a Washington,…

Ethereum at Risk? Whale Activity and On-Chain Signals Hint at Further Correction

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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. Ethereum’s price action has demonstrated a pullback in recent days, reacting to broader market cues, including geopolitical developments. As of the time of writing, the asset is trading at…

SEC’s Crypto Task Force Gets Crucial Input From EY

Ernst & Young LLP (EY US) submitted a letter to the U.S. Securities and Exchange Commission (SEC) last week in response to the SEC’s request for input on crypto-related matters. The firm emphasized the importance of regulatory clarity regarding how federal securities laws apply to crypto markets. EY US outlined its experience in assurance, tax, […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Solana Retests Critical Support Amid Market Pullback – $200 Rally In Danger?

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As the month nears its end, the crypto market turns momentarily red, with Solana (SOL) retesting a crucial support level that could determine its short-term performance. An analyst suggests that holding the current range over the weekend will be key for the long-awaited rally back to $200. Solana Hits Multi-Week Low Amid the crypto market pullback, most cryptocurrencies are recording a red Friday, with Bitcoin (BTC) and Ethereum (ETH) momentarily losing some key levels. Solana, one of the cycle’s leading Altcoins, followed the rest of the market and registered a…