Category: CryptoX News

Hedge funds bet against Metaplanet. GameStop scenario?

On May 23, 2025, Metaplanet topped the list of Japanese stocks as the most active stock. The same day, Metaplanet became the top loser, which didnโ€™t stop it from being the biggest stock in Japan as it still leads by a large margin. The company is allegedly on the brink of a huge short squeeze similar to the GameStop 2021 situation. How did this small hotel operator become the fastest-growing stock in Japan and an international role model Bitcoin accumulator? While currently Metaplanet poses itself as โ€œJapanโ€™s first and only…

Harvard’s International Students Left In Limbo

Thereโ€™s not a day that goes by that Miguel, a first-year PhD student from Spain, doesnโ€™t appreciate his experience as an international student at Harvard University. But after a sudden punitive decision by the Trump Administration, Miguelโ€”who asked to be identified solely by his first nameโ€”may be forced to face an unthinkable decision: transfer to another school or risk losing his opportunity to study in the U.S. Miguel is one of roughly 6,800 international students at Harvard left in limbo after the Trump Administration on Thursday revoked the universityโ€™s Student…

Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows. Bitcoin (BTC) surpassed its old all-time high on May 21, two days after President Donald Trump confirmed ongoing ceasefire negotiations between Russia and Ukraine in a May 19 X post. Meanwhile, popular analyst and Global Macro Investor CEO Raoul Pal warned of more fiat currency debasement, urging investors to gain more exposure to…

Markets Slide as Trump Targets EU and iPhones With Tariffs

President Donald Trumpโ€™s latest tariff proposal has thrown financial markets into a tailspin, sparking a sharp slide in major U.S. stock indexes. EU Retaliation Looms as Trump Issues Tariff Ultimatum According to several reports, the president has unveiled a bold new plan: a 50% tax on imports from the European Union and a 25% tariff [โ€ฆ] Source CryptoX Portal

Solana Faces Stiff Challenges While Lightchain AI Charts an Exciting New Path

PRESS RELEASE. The cryptocurrency space is shifting fast, and the landscape is never short of groundbreaking developments. While Solana ( SOL) has enjoyed explosive growth in the past, the cracks are starting to show. Solanaโ€™s lack of utility beyond meme coins is raising concerns among seasoned investors, and its trajectory seems increasingly uncertain. Meanwhile, an [โ€ฆ] Source CryptoX Portal

Stablecoin and blockchain bills signal regulatory momentum

In this weekโ€™s episode of Byte-Sized Insight, on Decentralize with Cryptox, we break down a pivotal moment for US crypto legislation.ย  In a 66โ€“32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory framework for stablecoins. Meanwhile, across the Capitol, Representative Tom Emmer reintroduced the Blockchain Regulatory Certainty Act, backed by bipartisan support. Breaking down GENIUS The GENIUS Act โ€” short for โ€œGuiding and Establishing National Innovation for U.S. Stablecoins Actโ€ โ€” seeks to answer foundational questions around…

Is BTC price overheating at $111K?

Key takeaways: Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating. Funding rates and other metrics suggest a โ€œhealthy upward phase.โ€ Bitcoinโ€™s (BTC) price recorded a new all-time high of $111,970ย  on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing. Despite the correction, there are mixed signals about whether the price rally is overheated or whether this is a healthy pullback. Bitcoin โ€œstill not overheatedโ€ โ€” analyst…

Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate

Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns about decentralization. Sui-native decentralized exchange (DEX) Cetus was exploited for over $220 million worth of cryptocurrency on May 22. However, Cetus managed to freeze $162 million of the stolen funds shortly after. Cetus has since offered a white hat bounty of up to $6 million for the exploiter for returning the stolen 20,920 Ether (ETH), worth over $55 million, along…

Michigan lawmakers introduce new crypto bills covering state investments, mining, and CBDCs

Four new cryptocurrency-related bills were introduced in the Michigan legislature this week, covering public pension investments in crypto, mining, income tax exemptions, and restrictions on CBDC support. As of May 23, four new proposed legislations, House Bills 4510, 4511, 4512, and 4513, have been introduced in the Michigan legislature, marking a coordinated push to define the stateโ€™s approach to cryptocurrency. ๐Ÿ‡บ๐Ÿ‡ธ NEW: Four new Bitcoin bills were introduced today in Michigan today 1. Allowing State Retirement fund investment 2. Banning CBDCs, and other rights protections 3 + 4. Allowing Bitcoin…

Crypto Investor Drugged and Robbed in Fake Uber: โ€˜They Took the Majority of My Wealthโ€™

A fake Uber driver abducted and drugged an American crypto investor, manipulated him into unlocking his phone, and drained his digital fortune before dumping him injured. Fake Uber Driver Drugged American Tourist and Stole Majority of His Crypto Portfolio In a chilling reminder of the real-world dangers crypto investors can face, American tourist Jacob Irwin-Cline [โ€ฆ] Source CryptoX Portal