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Showing posts from May, 2025

Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Will Quantum Tech End Bitcoin? See What Chamath Palihapitiya Says

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As Bitcoin soars to new highs, busy carving its independent price trajectory, a new emerging tech is threatening its growing stance, posing a challenge to Bitcoin’s independent streak. A recent Analysis done by Google believes quantum computers are capable of breaking Bitcoin’s solid encryption, jeopardizing the existence of the currency in its entirety. Also Read: Not Bitcoin or Gold, Robert Kiyosaki Explains New Asset Could Surge 2x Can Bitcoin Break? Source: Watcher Guru A recent study done by Google has brought forth a compelling Analysis about quantum tech and how it can revolutionize the modern way of completing day-to-day tasks. Moreover, this Analysis also presented striking details, claiming how quantum computers are capable of breaking Bitcoin’s encryption “at a very fast pace,” which could essentially end up endangering Bitcoin’s long-term vision of becoming a leading asset class. Leading finance expert Mario Nawfal took to X to share how quantum computers are ...

BNB burning mechanism

BNB Burning Mechanism: Enhancing Value Through Scarcity Binance Coin (BNB), the native token of BNB Chain, employs a unique burning mechanism designed to reduce supply and enhance long-term value. Originally launched with a total supply of 200 million BNB, the goal is to gradually burn 100 million—50% of the total—through two main mechanisms: quarterly burns and real-time auto-burns. The BNB Auto-Burn adjusts the burn amount based on BNB’s price and the number of blocks produced on BNB Chain. This ensures transparency and predictability, as it is independent of Binance’s centralized operations. The mechanism provides a deflationary model responsive to market dynamics and network activity. In addition to auto-burns, real-time burning occurs via BNB Chain’s gas fees , where a portion of transaction fees is permanently destroyed. This mirrors Ethereum’s EIP-1559 but is tailored for BNB’s ecosystem, creating continuous deflation as usage increases. By reducing circulating supply, the bur...

Can Toncoin Reach $10 After Telegram's Elon Musk Deal?

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Toncoin (TON) experienced a massive price spike on May 28. The rally came after Telegram CEO Pavel Durov announced a new partnership with Elon Musk’s xAI. According to Durov, Telegram has signed a 1-year deal with xAI. The partnership will allow Telegram users to access xAI’s Grok chatbot. Telegram will receive $300 million in cash and equity from the AI company. The messaging platform will receive 50% revenue from xAI subscriptions sold via Telegram. This summer, Telegram users will gain access to the best AI technology on the market. @elonmusk and I have agreed to a 1-year partnership to bring xAI’s @grok to our billion+ users and integrate it across all Telegram apps This also strengthens Telegram’s financial… pic.twitter.com/ZPK550AyRV — Pavel Durov (@durov) May 28, 2025 Toncoin (TON) Surges After Telegram-Elon Musk Deal TON’s price is up 9.2% in the daily charts, 6.7% in the weekly charts, 3% in the 14-day charts, and 1.1% over the previous month. Despite ...

Spot XRP ETF approval: Here’s the latest update

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The approval of a U.S.-based spot XRP exchange-traded fund (ETF) may be nearing, as the Securities and Exchange Commission (SEC) has officially begun reviewing the WisdomTree XRP Trust. The application, filed by Cboe BZX Exchange, is under consideration by the SEC, and the assessment is being made of whether the proposed product meets the necessary standards for market integrity and investor protection.  This review, detailed in Release No. 34-103124, initiates a 240-day window for the regulator to approve or reject the filing and opens the door for public comments. The ETF would track XRP’s price via the CME CF Ripple-Dollar Reference Rate, allowing investors to gain exposure through standard brokerage accounts and eliminating the need for private keys or self-custody solutions. This development could signal a shift to altcoins expanding beyond Bitcoin (BTC) and Ethereum (ETH). Other spot XRP ETF application Several other firms are also pursuing ...

Bitcoin price lags Stock-to-Flow as $260K BTC prediction holds firm

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Despite a steady climb past $110,000, Bitcoin (BTC) remains meaningfully below its projected valuation according to the long-term Stock-to-Flow (S2F) model popularized by pseudonymous analyst PlanB. The model’s latest 463-day forecast suggests Bitcoin should currently be trading at approximately $260,031, a more than 130% premium over its current price. Current Bitcoin Stock-to-Flow (S2F) model. Source. Bitbo For those unfamiliar, stock-to-flow is a ratio derived from the total existing supply of Bitcoin (stock) divided by the new issuance (flow) entering circulation through mining. It is, in essence, a measure of absolute scarcity.  The orange trajectory on the model indicates that Bitcoin’s price historically gravitates toward the S2F curve over time, albeit with volatility. The closer Bitcoin tracks to this model, the more confidently one might view BTC as behaving like a commodity with predictable scarcity-driven value appreciation, akin to gold or silver. ...

Trump Media Denies $3B Plan To Buy Bitcoin, Calls FT Report “Dumb”

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Trump Media and Technology Group has denied a Financial Times report that it plans to raise $3 billion to buy Bitcoin and other cryptos, slamming its ”dumb writers listening to even dumber sources.” That’s after the newspaper reported on May 26 that the company was looking to raise the capital through a mix of equity and convertible bonds, citing six people the outlet claimed were briefed on the matter.  FT Said Trump Media To Raise $2B In Equity, $1B In Convertible Bonds According to the report, Trump Media was planning to issue $2 billion in equity and $1 billion in convertible bonds for the total $3 billion raise. The equity was expected to be sold at market price at the closing price for Trump Media (DJT) shares on May 23. During the trading session, the company’s stock jumped over 4% to close the day at $25.72, pushing the company’s market capitalization to $5.7 billion, according to Google Finance data .  Had Trump Media raised the c...

XRP Ledger Backs Dubai Real Estate Tokenization

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The XRP Ledger has been selected by Dubai’s Land Department to power the Middle East’s first government-backed real estate tokenization project. The initiative, which went live through a partnership with blockchain firm Ctrl Alt, allows investors to purchase fractional ownership in Dubai properties for as little as AED 2,000, marking a revolutionary shift in how cryptocurrency and real estate tokenization intersect. Also Read: Ripple Circle Acquisition Bet Doubles to $11B in Coinbase Showdown Dubai Bets on Ripple Tech to Boost Real Estate, XRP Price, Adoption The Land Department in Dubai has introduced its tokenized real estate using XRP Ledger which ties conventional property records to the world of blockchain. The project makes it possible for UAE ID holders to own Dubai real estate in fractions through the PRYPCO Mint platform. Matt Ong, founder and chief executive of Ctrl Alt, said: “We have been working closely with the DLD to bring real estate investment to a wi...

XRP & Litecoin ETFs Get New Approval Date Amid SEC Delay

The SEC is delaying final decisions on CoinShares’ proposed XRP and Litecoin ETFs, pushing reviews ahead of the May 26 deadline. The delay has caused crypto ETF experts and analysts to push back their expected approval dates for both products to Q4 2025. Initially, many were hopeful that the first XRP and LTC ETFs would come in June. Despite the delay, the SEC has officially acknowledged a new TRX staking ETF, keeping crypto fans happy who are hoping for a new ETF to arrive this year. Canary Capital’s ETF would be the first exchange-traded fund offering exposure to TRX with staking Features . While it is not immediate approval, it is significant because it signals the SEC is willing to assess new types of digital asset ETFs, including those that incorporate staking for yield. “As expected, more delays on crypto ETFs dropped today,” Bloomberg ETF analyst James Seyffart posted on X. “Delays include BitwiseInvest & CoinSharesCo XRP ETFs. Delay on Litecoin ETF ...

Hyperliquid Price Prediction: Arthur Hayes Predicts HYPE To Hit $100 Leading To A 17% Pump, As Best Crypto Wallet Token ICO Head For $13M

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The Hyperliquid price surged 17% in the last 24 hours to trade at $35.53 as of 12:07 a.m. EST, with trading volume soaring 54% to $487 million. The momentum turned sharply bullish following a post from Arthur Hayes on X, who called for a $100 HYPE price target. This is the best advertising for $HYPE. Let's take this mother fucker to $100. Yachtzee https://t.co/LYru8GfB8t — Arthur Hayes (@CryptoHayes) May 21, 2025 Although Hayes did not directly cite Hyperliquid, traders interpreted the comment as a clear nod to the ecosystem’s token, which sent traders scrambling for exposure. After HYPE touched its all-time high at $35.93, can it still soar? Hyperliquid Price Set For A Sustained Rally The HYPE price shows a rounded bottom pattern, a bullish reversal structure that usually signals the end of a downtrend and the beginning of a sustained uptrend. The breakout above the neckline area near the $26–$28 range confirms the bullish reversal. Currently, the Hyperli...

CHART: The price of BTC on every Bitcoin Pizza Day

It’s Bitcoin Pizza Day, the day when the crypto community comes together to celebrate the first “real-world” bitcoin (BTC) transaction. Back in 2010, Bitcoin OG Laszlo Hanyecz spent 10,000 BTC (worth $1.1 billion today) on two pizzas from Papa John’s. In honour of the occasion, Protos has catalogued the price of BTC on May 22 every year since that day. You can view the chart here . Bitcoin price at all-time high while other metrics at lows Read more: The corporate interests taking over Bitcoin development If you saved $41 worth of BTC bought on May 22 in either 2012, 2013, or 2014, you’d now have $908,000, $36,000, and $9,226, respectively. If you were to pay the same $41 price today, you’d need to use 0.0003703 BTC instead of 10,000 BTC. BTC’s price has risen by nearly 2.8 billion percent since that famed pizza purchase, and today it hit an all-time high of $111,544.” The bitcoin purchase was also big for Papa John’s, which tried to ...

Bitget Launches Live Streaming, Accelerating Real-Time Engagement for Crypto Content Creators

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Cardano (ADA) spot ETF approval odds spike to 64%

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The probability of a spot Cardano (ADA) exchange-traded fund (ETF) being approved has surged as investors await a decision from the Securities and Exchange Commission (SEC). Specifically, market-implied odds for a 2025 approval have risen to 64%, representing a 54% increase in bullish sentiment compared to earlier this year, according to insights from the betting platform Polymarket. ADA spot ETF approval odds. Source: Polymarket This spike in optimism comes as the SEC approaches a key deadline on May 29 to approve, deny, or extend its decision on Grayscale’s proposed Cardano ETF. Notably, ADA ETF approval odds fluctuated throughout Q1 and early Q2. However, recent regulatory developments, such as appointing crypto-friendly Paul Atkins as the SEC chair, have strengthened investor confidence.  SEC’s extended ETF decision On February 24, the SEC acknowledged NYSE Arca’s proposal to list and trade the Grayscale Cardano Trust shares, formally starting the ...