Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
Fidelity Digital Assets highlights ‘growing evidence’ of shift from dollar-based systems
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.
Prediction markets legal battles heat up in Minnesota, Rhode Island
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
SEC Commissioner Peirce defends crypto privacy tools against surveillance push
The leader of the regulator’s Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion.
Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure.
Trump claims he can ‘future proof’ crypto regulation with CLARITY Act
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with president, whose crypto ties are under scrutiny, weighing in on social media.
France’s AMF regulator sets June 30 deadline for MiCA licensing
The European Union’s Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework.
Trezor adds native USDt, USDC yield via Morpho integration
The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps.
French company abandons crypto treasury strategy, will liquidate Bitcoin holdings
In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.