Average Ethereum ETF investor ‘substantially underwater’ — Glassnode
Buyers of BlackRock and Fidelity’s spot Ether ETFs are at an average unrealized loss of around 21%, says Glassnode. Go to Source
Month: May 2025
Russian Couple Kidnapped in Crypto Trap—Escape Sets off Global Hunt
Crypto-fueled chaos strikes again as a Russian couple is rescued from a Buenos Aires kidnapping tied to a digital ransom, sparking a global manhunt. Russian Couple Abducted in Crypto Sting—Kidnappers Flee to UAE A Russian couple has been rescued in Buenos Aires after reportedly being kidnapped and released following a $43,000 ransom paid in cryptocurrency. … Read more
SEC Staff: Some Staking Activities Are Not Securities
The SEC’s Division of Corporation Finance has clarified that defined protocol staking on proof-of-stake networks does not constitute a securities offering under federal law. SEC Staff Clarifies Protocol Staking Not a Security for Covered Crypto Assets on PoS Network The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a detailed public statement on … Read more
US sanctions Philippines tech firm accused of aiding crypto scams
OFAC claims Funnull Technology purchased a code repository used by web developers and altered it to redirect legitimate websites to scam websites. Go to Source
Ripple Proposes Legal Framework to Help SEC Regulate Crypto
Ripple is shaking the foundation of U.S. crypto regulation with a sweeping legal framework challenging SEC oversight, pushing for bold, market-friendly clarity on digital assets. Ripple Challenges SEC With Bold Legal Framework to Clarify Crypto Asset Status Ripple submitted a formal letter to the U.S. Securities and Exchange Commission (SEC) on May 27 following its … Read more
Analyst Urges US to Sell Gold for Bitcoin, Then Mine Asteroids
A top analyst just dropped a game-changing playbook for U.S. dominance—ditch gold, stack bitcoin, and kickstart asteroid mining to crush China in the crypto race. Analyst Urges US to Sell Gold, Buy Bitcoin, and Launch Asteroid Mining Race Analyst Willy Woo reignited the debate over U.S. reserve policy on May 28 by proposing a sweeping … Read more
XRP Gains Nasdaq Traction as Vivopower Launches Saudi-Backed XRP Treasury Plan
XRP storms into institutional finance as Vivopower launches a strategic XRP treasury play, deploying $121 million to anchor XRPL growth with Saudi-backed momentum. Nasdaq-Listed Vivopower Ignites XRP Treasury Strategy Backed by Saudi Royalty Vivopower International PLC (Nasdaq: VVPR) announced on May 28 that it is pioneering a groundbreaking initiative to establish the world’s first publicly … Read more
Reform UK party will accept crypto donations — Nigel Farage
The party leader leaned into pro-crypto talking points at the Bitcoin 2025 conference, announcing plans to introduce a digital asset bill if Reform UK wins in the next election. Go to Source
Standard Chartered Sees Solana Hitting $500 by 2029 Despite Short-Term Dip
Solana’s long-term potential remains robust despite short-term hurdles, according to Standard Chartered’s digital assets head Geoffrey Kendrick. The bank forecasts SOL will climb from roughly $175 today to $275 by late 2025 and $500 by 2029. However, solana is expected to trail ethereum over the next two to three years due to its heavy exposure … Read more
Midas launches tokenized T-Bill on Algorand
The first atomic swap, conducted on May 27, saw $2 million in USDC exchanged for the new mTBILL. Go to Source
