Bitcoin 2024 conference sparked 30% price crash — Can bulls escape this year?

Key points: Bitcoin rebounds from another support retest, but fears over a Nashville conference-induced comedown are growing. The biggest Bitcoin gathering tends to accompany BTC price weakness. BTC price action can and will continue to experience drawdowns of 10-20%, analysis stresses. Bitcoin (BTC) circled $110,000 at the May 27 Wall Street open amid concerns over …

Russian national arrested in South Korea for attempted crypto robbery

South Korean authorities have arrested one of three Russian nationals accused of an attempted robbery during a fake crypto deal in Seoul. The suspects allegedly lured Korean investors to a hotel, where they tried to steal 1 billion won (approximately $730,000) in cash. The Gangseo Police Precinct in Seoul detained a man in his 20s …

Solana may be a memecoin ‘one-trick pony’ — Standard Chartered

Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report …

How to research altcoins using ChatGPT and Grok

Investments in the fast-paced cryptocurrency market require real-time insights and efficient research. With thousands of projects emerging or disappearing, you need innovative ways to separate signal from noise.  AI solutions such as ChatGPT and Grok could benefit you as your research assistant, reducing research time and delivering actionable information.  This article discusses how to use …

MARA’s Bitcoin mining revenue hits record $752M as BTC price soars

MARA Holdings, formerly Marathon Digital Holdings, has reached a new all-time high in Bitcoin mining revenue, fueled by Bitcoin’s recent surge to a record price. The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it the most profitable day in the company’s history. Marathon is currently the …

StarkWare launches mobile-friendly zero-knowledge prover

Blockchain company StarkWare has unveiled zero-knowledge (ZK) prover STARK Two (S-two), enabling enhanced privacy and verification on everyday devices like phones, laptops and browsers.  The company said the new ZK prover allows users to generate complex cryptographic proofs from the client side. This means users can generate ZK-proofs directly on their devices instead of relying …

Taurus, Parafin partnership to provide crypto infrastructure to institutions

Fintech companies Taurus and Parafin have partnered to deliver blockchain infrastructure to financial institutions in Europe and Latin America — a move aimed at accelerating the adoption of crypto custody and settlement services across both regions. As part of the partnership, Taurus has integrated its product suite into Parafin’s institutional platform, creating an end-to-end solution …

USDC issuer Circle moves forward with initial public offering on NYSE

Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has launched an initial public offering (IPO) of 24 million shares of its Class A common stock, the company said on May 27. The firm has applied to list its Class A common stock on the New York Stock Exchange (NYSE) under the ticker …

UK outpaces global crypto ownership growth in 2025: Gemini report

The United Kingdom is leading the world in increasing cryptocurrency ownership among its population in 2025, outpacing economies including the United States, according to a new study by Gemini. Gemini, the US-based crypto exchange founded by Cameron and Tyler Winklevoss, on May 27 released its latest “State of Crypto” report, giving insights into changes in …

Bitcoin shows signs of 'easing momentum' but traders still expect $150K

Key takeaways: Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Analysts predict Bitcoin could reach $150,000 as long as a key support level holds. Bitcoin’s (BTC) price hit fresh all-time highs of nearly $112,000 on May 23, gaining 50% from …