REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst... Read more »

Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves

Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate” small talk.... Read more »

Bitcoin hit its new ATH without fresh supply, forcing buyers to chase dormant coins

Bitcoin didn’t reach its new ATH with widespread coin movement or a surge in recycled supply. The rally came as large portions of Bitcoin’s UTXO set continued to age, locking up liquidity... Read more »

Bitcoin long-term holders aren’t cashing out despite new ATH and that’s keeping the rally alive

Bitcoin’s May rally has been met with selective profit-taking by long-term holders, but the broader trend shows a slowdown in their selling. Between March 1 and May 27, the 7-day SMA of... Read more »

Bitcoin eyes $120,000 price zone as exchange flows, leverage surge

Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest.  Glassnode’s May 28 report highlighted elevated investor profitability, rising... Read more »

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote

Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final... Read more »

VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way

VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC) mining so the federal government can accumulate BTC for its strategic reserve. ... Read more »

Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In... Read more »

Bitcoin consolidates below all-time high as profit-taking, tariff risks cool price momentum

Bitcoin (BTC) is experiencing a healthy consolidation phase after last week’s record high of $111,880, but it still faces threats from significant profit-taking movements. According to a May 26 “Bitfinex Alpha” report,... Read more »

OpenAI’s o3 model defied shutdown commands in autonomy test

A new study by AI safety firm Palisade Research has revealed that OpenAI’s o3 model actively defied explicit shutdown instructions. The research, published on May 24, found that o3 was the only... Read more »
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