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The U.S. economy contracted at an annual rate of 0.2% in the first quarter, according to the Bureau of Economic Analysis’ second estimate released Thursday.
Bitcoin fell slightly by 0.4% after the data was released, but remains strong above $108,000.
Inflation-adjusted final sales fell 2.9% as households trimmed spending to 1.2% growth. Goods purchases slipped into decline while services kept...
Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to a May 28 statement.
The Bank of Russia explained that it will allow instruments such as derivatives, tokenized securities, and other digital financial products that reflect crypto price movements.
However, these offerings must be non-deliverable...
In a recent episode of the SlateCast, CryptoSlate CEO Nate Whitehill and Editor-in-Chief Liam “Akiba” Wright sat down with Indra Winarta, Head of Ecosystem at Pundi AI. Known for pioneering real-world crypto payments since 2017, Indra now leads Pundi’s evolution into the artificial intelligence frontier.
From Payments to Data: A Dual-Track Vision
Indra clarified early in the conversation that...
Bitcoin is approaching the end of May with an unusually quiet tape: its 30-day price volatility just recorded its lowest level since November 2024, even as spot price trades just under its record high of $111,000. This rare combination of market calm and record valuations has created a setup that has historically preceded major price moves, placing the market at a potential inflection point.
At...
More than 90% of XRP’s supply is currently profitable, even though the token’s price has remained relatively flat for the past three months.
Data from on-chain analytics firm Santiment reveals that most of XRP’s circulating supply was acquired at lower price points than its current market value.
This level of profitability places XRP ahead of several major altcoins. For comparison, only 71.5% of...
Company Background
Established in 2021, by founders Matthew Lim and Mario Ho, NFKings (“Company”), who is backed by top web3 and web2 VC firms such as Binance Labs, Vertex China, Team Holding, Mirana Ventures, Ventech, The Brooker Group and PopMart’s founder, is ready to launch its protocol after 3 years of product development. The Company’s vision is to bring web3 to the masses, a vision that...
Ethereum outpaced the broader crypto market over the past 24 hours, posting the strongest performance among the top 10 digital assets.
According to CryptoSlate data, ETH climbed nearly 4% during the reporting period, briefly touching $2,725, its highest level since February.
In contrast, other major crypto tokens like Bitcoin, XRP, Solana, BNB, Dogecoin, Cardano, and Tron recorded flat or...
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 long-term holder spent output profit ratio (SOPR) increased from 2.10 to 2.22, indicating a mild uptick in realized profits. However, the 30-day SMA declined from around 2.51 to 2.17 over the same period, marking...
A US federal court has delivered a sweeping rebuke to President Donald Trump’s signature trade policy, ruling that his administration’s imposition of tariffs under the guise of a national emergency exceeded constitutional authority.
The landmark decision from the US Court of International Trade immediately throws Trump’s tariff regime into legal limbo and global trade negotiations into chaos.
US...
VivoPower International announced on May 28 that it had agreed with investors for a $121 million private capital raise to fund the company’s transition into an XRP-focused treasury platform.
The company focuses on electric batteries, vehicles, and solar power solutions. Its subsidiary, Tembo, produces electric vehicles focused on “ruggedised electric mobility” for the mining and industrial...