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Bitcoin’s physical infrastructure is the industry’s most overlooked asset

Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot

A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to show. Without physical access points, crypto risks becoming an exclusive, insiders-only system, rather than the open alternative it sets out to be.

Everyone loves to talk about decentralization. There’s a good reason behind this. It defines the movement, shapes the technology, and supports the vision of a better financial system. While the industry focuses on code and algorithms, it lacks something basic. A decentralized system that exists only online is not genuinely decentralized.

Physical infrastructure is the missing link

Bitcoin’s physical infrastructure is the missing link. Without tools like

Elderly crypto investors are getting scammed: Teach them these key safety tips

Why are seniors being targeted in crypto scams?

Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology.

Let’s understand why seniors are key targets.

Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets.Lower tech fluency: Navigating crypto wallets, private keys and blockchain concepts can be intimidating, something scammers exploit.Embarrassment prevents reporting: Victims often feel ashamed, making them less likely to report the crime.Crypto is irreversible: Once funds are sent via Bitcoin or another cryptocurrency, there’s no reversing the transaction. That’s a dream scenario for scammers.

According to the Federal Trade Commission (FTC), seniors report growing losses linked to cryptocurrency investment fraud, romance scams and government impersonation. In South Carolina’s Beaufort County alone, seniors reported over $3.1 million in crypto scam losses in 2024.

And these scams are becoming more sophisticated.

Read More at https://cointelegraph.com/explained/elderly-crypto-investors-are-getting-scammed-teach-them-these-key-safety-tips?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price will reach $130K or even $1.5M, top bulls say

Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.

Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.

It set a new all-time high of $111,970 on May 22 and has been trading near that level since, teasing investors with the possibility of a new ceiling.

Here are some of the boldest Bitcoin price predictions from the first half of 2025 (so far).

Bitcoin has stormed back since dropping to 2025 lows of $76,300 in April. Source: CoinGecko1. Adam Back says Bitcoin tops $1 million if US jumps in

Blockstream CEO Adam Back said in November that Bitcoin could break $1 million “this cycle” if the US follows

UK FCA requests public comments on stablecoin, crypto custody regulation

The United Kingdom’s Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody.

In a May 28 request for comment, the United Kingdom’s financial regulator announced that its regulatory proposals are “the latest milestone on the road to crypto regulation.” The draft rules are based on prior roundtables and industry feedback. David Geale, executive director of payments and digital finance at the FCA, said the agency aims to support innovation while ensuring market trust:

“At the FCA, we have long supported innovation that benefits consumers and markets. At present, crypto is largely unregulated in the UK. We want to strike a balance in support of a sector that enables innovation and is underpinned by market integrity and trust.”

The FCA also noted it will work with the UK’s central bank to regulate stablecoins. Bank of England Deputy Governor Sarah Breeden said, “For those stablecoins that expect to

NFT monthly sales break 2025 downward trend in May: CryptoSlam

Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025.

Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles.

This follows a five-month decline in sales since volume peaked at over $900 million in December 2024. May also had the highest number of transactions in 2025, reaching 5.5 million, according to CryptoSlam.

The sales uptick may be attributed to the divergence between unique NFT buyers and NFT sellers. NFT buyers continued to increase in May, while sellers declined.

Chart compiled by Cointelegraph to demonstrate CryptoSlam data on NFT monthly sales. Source: CointelegraphNFT sellers dwindle, while buyers increase

May showed a significant jump in unique buyers. The number of users buying NFTs rose by 50% to over 936,000 in May, up from

SUI price chart hints at 2x rally amid Nasdaq ETF filing

Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC).

Gooner EMA support raises 40% SUI bounce potential

As of May 28, SUI has reclaimed the “Gooner EMA” as support on the weekly chart.

SUI/USDT weekly price chart. Source: NebraskanGooner/TradingView

Gooner EMA is a technical indicator created by trader NebraskanGooner that uses the 11- and 22-period exponential moving averages (EMA). When the price crosses above the EMA range, it often leads to further gains.

When the price closes below the EMA range, it tends to follow deeper losses.

SUI lost this support, roughly between $3.34 and $3.59, last week after a $200 million exploit hit Cetus, a decentralized exchange built on the Sui blockchain.

Elon Musk’s xAI inks $300M deal with Telegram for Grok integration

Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov.

Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May 28.

As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted.

“This summer, Telegram users will gain access to the best AI technology on the market,” Durov said in a post on his Telegram channel.

Grok integration begins with Telegram

According to a promo video accompanying Durov’s announcement, the partnership is expected to bring a wide rollout of Grok features within the messenger.

Accessible via the search bar on Telegram, Grok will offer threaded chats,

Former Chainlink, Two Sigma execs build ‘Moirai’ to uncover crypto gems

Metalayer Ventures, a crypto-focused venture capital firm led by former executives from Chainlink and Two Sigma, has launched a $25 million fund to invest in early-stage blockchain projects with a focus on stablecoins, tokenization and cryptocurrency infrastructure.

Metalayer’s fund has already backed seven companies, the company disclosed to Cointelegraph on May 28. These include AnchorZero, a platform helping crypto founders use Roth IRAs for tax advantages, and Spark Capital, a new venture focused on stablecoin infrastructure.

Other portfolio companies include Ethena, ClearToken, Crossover Markets, Station70 and Theo — an onchain trading infrastructure project that recently raised $20 million from 17 different VC firms.

The company plans to eventually back up to 30 companies with early-stage rounds ranging from $500,000 to $1 million.

Metalayer was co-founded by Chainlink Labs’ former head of growth, Mickey Graham, and former Two Sigma executives Andy Kangpan and David Winton.

Winton developed a proprietary data platform

XRP price set for 48% jump as spot ETF reality draws closer

Key takeaways:

XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.

SEC’s review of WisdomTree’s XRP ETF could spark investor interest as approval odds jump to 84% on Polymarket.

XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup, coupled with the SEC’s review of a spot XRP ETF application by WisdomTree, signal the start of a rally to $3.40 and higher?

XRP falling wedge pattern targets $3.40

From a technical perspective, XRP (XRP) price could gain significant momentum if it breaks out of this falling wedge pattern.

In technical analysis, a falling wedge is a bullish reversal chart pattern that comprises two converging trend lines that connect lower highs and lower lows. This convergence indicates a weakening downward momentum.

XRP price is currently retesting the resistance provided by the upper trendline

GameStop officially confirms first Bitcoin purchase of 4,710 BTC

GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account.

The company did not specify how much it paid for the Bitcoin (BTC) or when the purchases were made. The amount purchased was worth around $513 million at the time of writing.

The announcement is GameStop’s first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March.

At the time, GameStop said it would fund the Bitcoin purchase through debt financing and launched a $1.3 billion convertible notes offering.

Source: GameStop

The news comes after months of speculation that GameStop was exploring alternative assets, including cryptocurrencies.

GameStop (GME) stock shares have climbed amid the speculation, jumping 12% in March. February rumors helped fuel an 18% spike in GME stock prices.

According to