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Crypto
Elon Musk leaves DOGE as job was ‘uphill battle’
Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs.Musk’s…
Crypto vulnerable if CFTC not given authority, says ex-chair Behnam
Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28…
New Jersey county to tokenize $240B property deeds
A New Jersey county is set to tokenize $240 billion worth of property deeds after signing a deal with the blockchain-backed land record management firm Balcony.Balcony said on May…
Nvidia posts mixed Q1, predicts $8B hit with US chip curbs
Chip-making giant Nvidia has posted mixed results in its first quarter earnings, beating Wall Street expectations on revenue but missing predictions on its income amid US…
US court freezes $57M USDC allegedly linked to LIBRA scandal
A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin.Onchain data shared with Cointelegraph…
Solana’s negative funding rate hints a volatile price action
Key takeaways:Historical chart patterns and the Fibonacci Retracement metric hint at a Solana price rally to $300.Solana’s $7.5 billion in futures open interest and negative…
Ethereum’s $2.4 billion options expiry could spark a rally
Key takeaways:97% of ETH put options will expire worthless if ETH holds above $2,600.A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies…
Labor Dept Rescinds Biden-Era Guidance
The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28,…
Pakistan crypto chief announces Bitcoin strategic reserve
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve.Speaking at the Bitcoin 2025 conference…
Bitcoin enters a consolidation phase as traders take profit
Key point:Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note…