Solana’s rising TVL and fees support a potential SOL price rally to $200. Key takeaways: Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem. Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month. Read moreContinue Reading
The foundation is a nonprofit devoted to “safeguarding internet-native culture.” The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement. The acquisition of CryptoPunks, plus its additional $25...Continue Reading
The fund, geared toward institutional investors, will compete with BlackRock’s BUIDL and Franklin Templeton’s BENJI for market share. Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms...Continue Reading
The federal judge overseeing the case has also ordered the government to provide additional information on the hacker’s crime before his May 16 sentencing hearing. Defense lawyers have asked a judge to sentence the person responsible for helping post a fake message announcing regulatory approval of Bitcoin exchange-traded funds to roughly a year in prison,...Continue Reading
Falling Bitcoin and USDT dominance and the recent triple-digit returns from altcoins could be a sign that altseason has started. Key Takeaways: Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason. USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into Bitcoin and other...Continue Reading
Bitcoin fails to claw its way back to $104,000 and higher despite a would-be inflation tailwind and multiple liquidity grabs over the past 24 hours. Key points: Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day. Traders see BTC/USD buying time before its next move, and...Continue Reading
At Token 2049, Bitlayer’s CEO defended VC funding in Bitcoin, arguing that their investment and connections spur protocol and service development. Venture capital firms are critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai. Charlie Yechuan Hu, CEO of...Continue Reading
Coinbase saw its highest daily Bitcoin outflows this year, signaling growing BTC investments among institutional investors and corporations. Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9. On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1...Continue Reading
South Korea’s new Digital Asset Committee joins similar initiatives such as the Virtual Asset Committee launched in late 2024 by the Financial Services Commission. The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth. The committee held its inaugural meeting...Continue Reading
XRP whale flow data mirrors patterns from 2024, which preceded the price to rally from under $0.50 to over $3.50 in a span of several months. Key takeaways: XRP price has risen 55% since April and is now flashing bullish continuation signals. Whale flows have flipped positive for the first time since November 2024, historically...Continue Reading
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