Crypto News

Bitcoin reaches $110,500 amid Japan’s debt concerns and an increase in gold prices

May 22, 2025 2 mins read

Bitcoin has recently reached a new high of $110,545 on Binance, surpassing its previous January peak of $109,588, and is on track to potentially hit $111,000. This surge in Bitcoin’s price is occurring alongside a rise in gold prices, which increased by 0.6% to $3,312 per ounce, reflecting growing concerns over global fiscal stability. The backdrop for this rally includes significant developments in Japan, where long-term bond yields have surged

Betelgeuse Trade Secures Half a Billion Dollars in Digital Asset Protection

May 21, 2025 2 mins read

Betelgeuse Trade, a UK-based cryptocurrency exchange, has announced that its digital asset holdings are now protected under a comprehensive 500 million USD custodial insurance policy underwritten by Lloyd’s of London, one of the world’s oldest and most reputable insurance markets. This institutional-grade coverage demonstrates Betelgeuse Trade’s ongoing commitment to the security of user funds and the resilience of its infrastructure, setting a new benchmark for trust and risk management in

Wall Street Ponke Launches with AI Tools, Learning Hub, and Over $300K Raised in Hours

May 21, 2025 4 mins read

Wall Street Ponke Gains $300K in Hours as Project attracts early investors. The world of meme coins is always moving fast, and Wall Street Ponke is beginning to emerge as a notable early contender. In a space filled with flash and short-term noise, this one is trying to do things differently. It crossed the three hundred thousand dollar mark in presale within just a few hours of launch, pulling in early investors

BitMEX Launches RLUSD Spot Trading and Margin Support, with a 15,000 RLUSD Reward Pool

May 21, 2025 2 mins read

BitMEX, the safest crypto exchange, today announced the launch of “The Ripple Effect,” an exciting new campaign to introduce significant trading opportunities for its users. Starting 20 May, BitMEX users can deposit, buy, and trade Ripple USD (RLUSD) on the BitMEX Spot market. Furthermore, BitMEX is the first cryptocurrency exchange to offer RLUSD as a margin currency through its Multi Asset Margining feature, available from 22 May. To celebrate the

BingX AI Evolution Begins: A $300M Vision to Build the Future of AI-Powered Crypto

May 21, 2025 3 mins read

BingX, a leading cryptocurrency exchange and Web3 AI company, is excited to announcea bold, incremental strategy BingX AI Evolution to mark its 7th anniversary. BingX has outlined a strategic initiative to integrate artificial intelligence across its platform and ecosystem, allocating $300 million over the next three years to support this development. This milestone initiative underscores BingX’s mission to redefine crypto with AI, driving meaningful progress across the Web3 space by embedding AI

MEXC Announces SOON ($SOON) Listing with 75,000 SOON & 50,000 USDT Prize Pool

May 21, 2025 3 mins read

MEXC, a leading global cryptocurrency exchange, will list SOON ($SOON) at 11:00 on May 23, 2025 (UTC). To celebrate this addition to the exchange, MEXC will launch three exclusive events open to all users, including a 75,000 $SOON and a 50,000 USDT prize pool, and a savings program. SOON is a high-performance Solana Virtual Machine (SVM) Rollup that enables mass blockchain adoption through its innovative Super Adoption Stack (SAS). The project standardizes

Bitget to Support EOS (EOS) Token Swap and Rebranding to Vaulta (A)

May 19, 2025 3 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, has announced it will support the EOS (EOS) token swap and its rebranding to Vaulta (A). The platform-wide migration reflects Bitget’s ongoing strategy to maintain alignment with evolving digital asset projects while ensuring a stable and secure environment for users. All technical operations related to the swap will be fully managed by Bitget. The process will commence with the suspension of EOS

MEXC Announces Einstein (EIN) Listing in July, 50 Million EIN Rewards Event Launches Now

May 19, 2025 3 mins read

 MEXC, a leading global cryptocurrency exchange, has announced that it will list Einstein (EIN) on July 20, 2025 (UTC). Ahead of the listing, MEXC will launch two exclusive events this May with a total reward pool of 50,000,000 EIN, offering users the opportunity to discover promising projects and earn attractive rewards. Einstein is an innovative social experiment combining scientific knowledge with the Web3 ecosystem. The project invites participants to explore the intersection

Falcon Finance Surpasses $350 Million in USDf Circulating Supply

May 18, 2025 2 mins read

Falcon Finance, a next-generation synthetic dollar protocol backed by DWF Labs, announced it has surpassed $350 million in circulating supply of its overcollateralized digital asset, USDf. This milestone underscores the protocol’s rapid ascent within two weeks from public launch as a credible, transparent, and scalable solution for on-chain dollar demand.  The announcement follows a strong wave of adoption since Falcon’s public launch, building on momentum two weeks from a successful closed

The SEC reportedly investigates whether Coinbase inflated its user metrics in its public filings

May 16, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) is currently investigating Coinbase to determine if the cryptocurrency exchange misled investors by overstating its user metrics during its public debut in 2021. This investigation was first reported by The New York Times, which cited anonymous sources indicating that the SEC is examining Coinbase’s past disclosures, particularly its registration statement for its direct listing. At that time, Coinbase claimed to have over 100

FTX is set to distribute over $5 billion to creditors starting May 30, 2025

May 16, 2025 1 min read

FTX is preparing to initiate its second round of creditor payouts on May 30, aiming to distribute over $5 billion to eligible claimants, as announced by the company. This payout will be processed through either BitGo or Kraken, with payments expected to reach recipients within one to three business days. This upcoming distribution is part of FTX’s ongoing bankruptcy proceedings and follows the initial payouts that began in February for

Ukraine prepares a new bill that could make Bitcoin part of its national reserves

May 15, 2025 1 min read

Ukraine is on the verge of introducing a new bill that could incorporate Bitcoin into its national reserves, a move aimed at enhancing the country’s financial resilience amid ongoing wartime challenges. Yaroslav Zhelezniak, a member of the Ukrainian parliament, announced during the CRYPTO 2025 event in Kyiv that the draft proposal is nearing submission, which would legally enable the government to accumulate cryptocurrency reserves. This initiative aligns with a growing