Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not because of worsening macro conditions, but possibly because of them. Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic […]
Decentralizing telecom benefits small businesses and telcos — Web3 exec
Decentralizing telecommunication networks financially benefits small businesses and telecom corporations alike, according to Frank Mong, the chief operating officer (COO) of Nova Labs, the founding team behind the Helium wireless decentralized physical infrastructure (DePIN) network. In an interview with Cointelegraph at Consensus 2025 in Toronto, Canada, Mong said that small businesses including bars, restaurants, convenience […]
Hyperinflation leads more people to Bitcoin
When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin (BTC) to hedge against the crumbling US dollar. Di Bartolomeo connected with me during Canada […]
Sui validators freeze majority of stolen funds in $220M Cetus hack
Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen. According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The […]
Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?
Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to […]
Ethereum price gained 90% the last time this indicator turned bullish
Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]
Quantum Biopharma adds to crypto holdings
Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said. The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press release. The biotech company plans to stake a portion of its crypto to generate revenue. Quantum expects that holding a […]
Pavel Durov rejects EU pressure to censor Romanian election content
Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections in Romania. According to Durov, a Western European government, which he hinted at with a baguette emoji, approached the platform and requested it censor conservative […]
High-speed oracles disrupting $50B finance data industry — Web3 Exec
Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price information to exchanges, brokerages, trading firms, and other institutional entities. In an interview […]
Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports
Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada, opened trading at $23.50 in its Nasdaq debut. Trading began on the same day Galaxy disclosed that it […]