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Spot Bitcoin ETFs saw $667.4 million in inflows on May 19, the second-largest single-day inflow this month, marking a four-day streak of net positive flows. The surge was led by BlackRock’s IBIT with $305.9 million, followed by Fidelity’s FBTC with $199.1 million and Ark’s ARKB with $155.3 million in inflows. Monday’s influx followed steady buying across the previous four trading sessions,...
Tron founder Justin Sun has confirmed he will attend a May 22 gala dinner organized for top TRUMP memecoin holders and hosted by US President Donald Trump. In a May 20 post on X, Sun said he was invited to the exclusive event and expressed gratitude and support for the US president. He said: “Honored to support POTUS and grateful for the invitation from [the TRUMP memecoin team] to attend...
The pseudonymous co-founder of ScimitarCapital, Thiccy, shared a novel theory on Bitcoin price appreciation Tuesday by comparing Bitcoin’s global attention to that of gold. What gives Bitcoin value? A new way to think about it He argues that gold is valuable because it’s rare, durable, and has been trusted as money for thousands of years. This long track record makes people believe it will keep...
The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19. The vote signals rare bipartisan support, with over a dozen Democrats joining Republicans to move the bill forward after weeks of negotiation. Notably, its approval sends the proposed stablecoin legislation to the House floor for further deliberation. GENIUS Act The GENIUS Act had...
Bitcoin briefly rose to $106,300 early Tuesday before sellers pushed it back under the $106,000 threshold, extending a months-long pattern of rejection just shy of January’s record high. The level has capped every advance in 2025, turning the round figure into an increasingly psychological barrier for bulls. Bitcoin attempts to break $106,000 (Source: TradingView) The latest test arrived this...
Cardano founder Charles Hoskinson expanded his response to allegations that Input Output Global (IOG) misappropriated over 318 million ADA from unredeemed pre-sale wallets, calling the situation deeply personal and damaging. In a May 18 post on X, Hoskinson reflected on the reputational toll of the allegations, noting that the incident has reshaped his view of his relationship with the Cardano...
XRP futures contracts began trading on CME Group’s derivatives platform on May 19, surpassing $15,6 million in trading volume as of 9:20 P.M. UTC across standard and micro contract offerings.  According to CME data, 120 standard XRP contracts traded at an average price of $2.3965, representing approximately $14.3 million in notional volume. Each contract equates to 50,000 XRP. Additionally, 206...
The US Securities and Exchange Commission (SEC) extended its review of two high-profile proposals for spot Solana (SOL) exchange-traded funds, signaling further delays in the approval process for crypto-linked investment products. The agency said it would begin a new round of proceedings to assess whether the ETF proposals from asset managers Bitwise and 21Shares comply with key provisions of the...
May 19, 2025 – Geneva, Switzerland – TRON DAO announced today that the total circulating supply of Tether (USDT) on the TRON blockchain has surpassed $75 billion, once again making TRON the leading network for USDT. As the most widely adopted stablecoin, Tether represents more than 63 percent of the global market share with over $150 billion in circulation. Over 50 percent of that supply is...