Pepe’s price has slid 12% since reaching all-time highs, but trading volume has surged by 216%, indicating heightened interest from traders. Source link
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Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a…
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Bitcoin financial services firm and UATX plan to raise $5 million to invest in BTC for the next five years. Source link
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VC firm Andreessen Horowitz (a16z) donated $25 million to Fairshake and related entities, a16z crypto Managing Partner Chris Dixon said on May 30. Dixon said the donation would help Fairshake support bipartisan US candidates, promote entrepreneurship, and advance clear rules for digital assets. He added: “…we need to keep up…
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The AI firm has terminated accounts linked to several alleged foreign covert influence operations. Source link
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Bitcoin’s spot trading volumes over the past week show a varying level of market activity and sentiment. Bitcoin’s price saw some volatility over the week, peaking on May 25 at $69,270, followed by a slight decline and stabilization around the $68,000 to $69,000 range. This peak corresponds to the lowest…
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Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry. Source link
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Bloomberg ETF analyst Eric Balchunas said on May 30 that US spot Ethereum ETFs could launch in June amidst updated BlackRock and Grayscale filings. Balchunas said there is a “legit possibility” that spot Ethereum ETFs will launch by the end of June. He added that an earlier mid-June launch was…
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Independent U.S. presidential bidder Robert F. Kennedy Jr. wants to keep America as “the hub of blockchain technology” and end laws driving companies abroad. Source link
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Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin futures OI has seen a further rebound recently. As Bitcoin’s price approached $70,000 earlier this year, futures OI reached unprecedented levels, signaling renewed investor interest and market engagement. Past CryptoSlate…