Bitcoin reclaims $66K after Trump says ships are moving through Hormuz
Bitcoin has reclaimed the $66,000 level after remarks from U.S. President Donald Trump and reports of a tentative U.S.-Iran peace agreement revived risk appetite across global markets. Summary Bitcoin climbed nearly 5% to $66,829 after Trump said oil ships were moving through the Strait of Hormuz and reports pointed to a tentative U.S.-Iran peace agreement….
Cardano can ‘run the world’ with 4 pillars, Charles Hoskinson says
Cardano founder Charles Hoskinson said the blockchain could become a global operating system by reducing the cost of trust. Summary Hoskinson says Cardano combines four technical pillars that no competing blockchain currently offers at once. He argues decentralized systems can reduce costly intermediaries and rebuild trust across global financial markets. ADA’s five-year low and falling…
New BSP rules put crypto tokens under deeper scrutiny in Philippines
The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply deeper screening, monitoring, and delisting procedures for cryptocurrencies offered to customers. Summary BSP requires crypto exchanges to conduct deeper reviews before listing tokens and stablecoins locally. New rules mandate continuous monitoring and clear delisting triggers…
Is now the time to buy ETH?
Ethereum is trading near $1,670 after one of its weakest nine-month periods in recent years. Summary Ethereum remains on track for a third straight double-digit quarterly decline despite accumulation signals. Nearly 500,000 ETH left exchanges in one week as investors reduced available selling supply. Iran deal hopes and a potential Hormuz reopening could improve sentiment…
Hyperliquid and Paradigm warn GENIUS Act rule could hurt DeFi
The Hyperliquid Policy Center and Paradigm have asked the U.S. Treasury to narrow parts of its proposed anti-money laundering rules for stablecoin issuers. Summary Hyperliquid and Paradigm want secondary-market duties narrowed because issuers cannot identify every DeFi transaction participant. Treasury’s proposal requires stablecoin issuers to maintain AML programs and block transactions violating U.S. law. The…
Bitcoin braces for PCE inflation, GDP data and Iran deal update
Crypto markets enter a holiday-shortened U.S. week with several macro events that could affect Bitcoin, Ethereum, and broader risk assets. Summary U.S. markets close Monday for Memorial Day, leaving crypto to react first to fresh headlines. April PCE and Q1 GDP data land Thursday, giving traders new clues on Fed policy. Crypto.news reported Iran peace…
SpaceX goes on-chain as SPCX launches on Solana
Backpack Securities and Sunrise have introduced SPCX, a token tied to underlying SpaceX shares and issued on Solana. Summary SPCX gives eligible users blockchain-based exposure to underlying SpaceX shares. Investors can convert SPCX tokens into actual shares through regulated brokers. Solana enables 24/7 trading, transfers, and self-custody of SPCX tokens. The launch creates a blockchain-based…
Bitcoin breaks $67K after Trump signs Iran peace deal
Bitcoin has climbed above $67,000 after U.S. President Donald Trump confirmed that the U.S. and Iran have signed a peace agreement, helping push the total crypto market capitalization to $2.37 trillion. Summary Bitcoin climbed above $67,000 after Trump confirmed the U.S. and Iran had signed a peace agreement. The crypto market cap rose 4.7% to…
Ant International targets $10 billion valuation in planned funding round
Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. Summary Ant International is considering a $1 billion fundraising round that could value the business at more than $10 billion. The…
Bitcoin to $70K by July? Scaramucci and Novogratz see a path
SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Summary Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain this summer. The SpaceX…
