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IMF Questions Pakistan's 2,000MW Crypto Mining Power Allocation The International Monetary Fund (IMF) has raised serious concerns regarding Pakistan’s recent decision to allocate 2,000 megawatts (MW) of electricity for Bitcoin mining and artificial intelligence (AI) data centers. This development emerges amid ongoing negotiations tied to the country’s extended financial program. Announced by Pakistan’s Finance Ministry, the initiative aims to attract autonomous miners, blockchain companies, and AI firms t... Coinatory cryptocurrencies news

SharpLink Gaming Unveils $1B Ethereum Treasury Strategy SharpLink Gaming Inc., a U.S.-based sports betting platform, has filed a shelf registration with the Securities and Exchange Commission (SEC) to offer up to $1 billion in common stock. As part of a recently introduced corporate treasury strategy, the main goal is to purchase Ether (ETH), the native coin of the Ethereum network. According to SharpLink's filing dated May 30, "We intend to use substantially all of the proceeds from this offering... Coinatory news

Donut Airdrop Guide: New Web3 Browser Backed by $7M in Funding Donut Airdrop is a next-generation web browser created by Donut Labs, built specifically for exploring and interacting with blockchain-based apps and services. It comes packed with crypto-friendly features like a built-in wallet, access to decentralized exchanges, and smart contract support. What sets Donut apart is its use of AI to help users understand and navigate blockchain actions—translating complex data into plain language and even flagg... Coinatory cryptocurrencies news

Sui Network's $162M Vote Fuels Decentralization Debate The decentralized finance (DeFi) community is once again embroiled in a debate over the true meaning of decentralization following a recent governance vote on the Sui network. On May 29, Sui validators approved a proposal to return $162 million in funds frozen during a $220 million exploit of Cetus, a decentralized exchange operating on the Sui blockchain. The vote, passed with over 90% approval, authorized the transfer of the assets to a multis... Coinatory

Stablecoin Payment Volume Hits $94.2B, Driven by B2B Transfers and Tron Dominance Stablecoins have solidified their role in global digital payments, with $94.2 billion in transactions settled between January 2023 and February 2025, according to Artemis Analytics. Business-to-business (B2B) transactions emerged as the primary driver, accounting for an annual run rate of $36 billion. Card-linked stablecoin payments also saw significant growth, surpassing $13.2 billion in annual volume. Tether's USDT remains the preferre... Coinatory crypto news

Thailand to Block Bybit, OKX, and Others on June 28 Thailand’s Securities and Exchange Commission (SEC) has announced it will block five major cryptocurrency exchanges—Bybit, OKX, CoinEx, 1000X, and XT.COM—from operating in the country starting June 28, 2025. The decision comes as part of a broader regulatory crackdown on unlicensed digital asset platforms, driven by concerns over investor protection and the prevention of illicit financial activities. The SEC's action is grounded in the Royal ... Coinatory cryptocurrencies news

OpenSea Launches OS2, Expands Beyond NFTs with Multi-Chain Support OpenSea, the largest NFT marketplace, has rolled out its upgraded platform OS2, signaling a major strategic shift beyond its traditional focus on non-fungible tokens. The newly launched platform now enables token trading across 19 blockchains, including Ethereum, Solana, and Ronin, while introducing advanced cross-chain capabilities and reduced marketplace fees. This development aligns with a broader resurgence in the digital asset market. In... crypto news today

Base Approaches Solana-Level Throughput Amid AI-Driven Surge Coinbase's Ethereum Layer-2 network, Base, experienced a significant surge in transaction throughput on May 29, momentarily achieving 959 transactions per second (TPS) during the launch of the Virtuals AI platform. This peak performance brought Base closer to Solana's current throughput of approximately 1,039 TPS. The spike in Base's TPS was primarily driven by the token launch of "Solace," an AI companion developed by Virtuals. On May 2... Base Approaches Solana-Level Throughput Amid AI-Driven Surge

Average Ethereum ETF Investor Faces 21% Loss Amid Market Volatility Investors in spot Ethereum exchange-traded funds (ETFs) offered by BlackRock and Fidelity Investments are currently facing significant unrealized losses, according to a recent report by crypto analytics firm Glassnode. The average investor is approximately 21% underwater, with BlackRock's ETF having a cost basis of $3,300 and Fidelity's at $3,500, while Ether (ETH) is trading around $2,601. The decline in Ether's price is attributed to v... crypto news

Telegram Raises $1.7B in Convertible Bonds Amid Strategic AI Integration Plans Telegram has secured $1.7 billion through a convertible bond offering, reinforcing its financial structure while signaling broader strategic ambitions. The five-year bonds carry a 9% coupon rate. Of the total raised, $955 million will refinance outstanding debt maturing in 2026, with the remaining $745 million allocated to support operational growth. The offering attracted significant investor interest, leading to an expansion from the initia... cryptocurrency news

Upcoming economic events 30 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsBuilding Approvals (MoM) (Apr)3.1%-8.8%01:302 pointsRetail Sales (MoM) (Apr)0.3%0.3%12:303 pointsCore PCE Price Index (MoM) (Apr)0.1%0.0%12:303 pointsCore PCE Price Index (YoY) (Apr)2.5%2.6%12:302 pointsGoods Trade Balance (Apr)-141.80B-163.17B12:302 pointsPCE Price index (YoY) (Apr)----------2.3%12:302 pointsPCE price index (MoM) (Apr)----------0.0%12:302 pointsPersonal Spending ... cryptonews today

India's RBI Enhances Digital Rupee for Cross-Border Transactions The Reserve Bank of India (RBI) is intensifying its efforts to enhance the digital rupee (e₹), focusing on cross-border applications and new functionalities, as detailed in its Annual Report for FY2024–25. This strategic pivot aims to bolster the e₹'s role in international settlements, despite current challenges in domestic adoption. Cross-Border Expansion and Strategic Initiatives The RBI is exploring both bilateral and multilateral frame... crypto news today

Elon Musk Quits DOGE Cost-Cutting Role After ‘Uphill Battle’ Elon Musk has officially confirmed his resignation as head of the Department of Government Efficiency (DOGE), a White House initiative aimed at cutting federal costs, describing the task as a “uphill battle.” His stint as a Special Government Employee, which is officially limited to 130 days of service, ends on May 30. His resignation was revealed in a post on X on May 29. “I thank President Donald Trump for the opportunity to reduce was... Coinatory crypto news

BlackRock Targets 10% Stake in Circle's $624M IPO Amid Surging Investor Demand BlackRock Inc. is reportedly poised to acquire approximately 10% of the shares offered in Circle Internet Group Inc.'s forthcoming initial public offering (IPO). This move underscores the deepening integration between traditional financial institutions and the burgeoning cryptocurrency sector. Circle, the issuer of the USDC stablecoin, initiated its IPO on May 27, aiming to raise up to $624 million by offering 24 million Class A common shares... cryptocurrency news today

Nasdaq Seeks SEC Nod for 21Shares Sui ETF Nasdaq has formally submitted a rule change proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF). The 19b-4 filing, dated May 23, triggers the SEC’s official review process for the proposed fund. This submission follows 21Shares’ April 30 S-1 registration statement, which outlined the fund's structure and objectives. Both filings are... cryptocurrency news Coinatory

Upcoming economic events 29 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsPrivate New Capital Expenditure (QoQ) (Q1)0.5%-0.2%12:302 pointsContinuing Jobless Claims1,900K1,903K12:302 pointsCore PCE Prices (Q1)3.50%2.60%12:303 pointsGDP (QoQ) (Q1)-0.3%2.4%12:302 pointsGDP Price Index (QoQ) (Q1)3.7%2.3%12:303 pointsInitial Jobless Claims229K227K14:002 pointsPending Home Sales (MoM) (Apr)-0.9%6.1%16:002 points7-Year Note Auction----------4.123%16:003 points... Coinatory

GameStop Acquires 4,710 BTC in Strategic Treasury Move GameStop Corp. (NYSE: GME) has formally entered the cryptocurrency market, disclosing its first Bitcoin acquisition of 4,710 BTC. The purchase, valued at approximately $512 million based on current market prices, marks a significant strategic pivot in the company’s financial operations. The move follows GameStop’s earlier announcement in March 2025 regarding its intent to invest in digital assets. To facilitate this acquisition, the company l... cryptocurrency news Coinatory

Trump’s CFTC Nominee Quintenz Discloses $3.4M in Assets, Crypto Ties Brian Quintenz, former Commodity Futures Trading Commission (CFTC) commissioner and President Donald Trump’s nominee to lead the agency, has disclosed financial holdings and affiliations that place him at the heart of two of the regulator’s most scrutinized domains: cryptocurrency and prediction markets. Quintenz reported at least $3.4 million in assets, according to paperwork made public by the U.S. Office of Government Ethics on May 25... Coinatory

0G Labs Testnet Guide: How to Trade with TradeGPT 0G Labs is building a modular AI-focused blockchain with a scalable, programmable Data Availability (DA) layer tailored for AI dApps. Its modular design makes it easy for various blockchains to interact seamlessly, enhancing security, minimizing fragmentation, and improving overall connectivity. A new opportunity has just emerged to stay active on their testnet. We'll be trading our tokens using AI — asking it to perform transactions on... crypto news

BlackRock's Strategic Income Fund Boosts Bitcoin ETF Holdings by 25% BlackRock Inc. has deepened its exposure to Bitcoin by significantly increasing its holdings in the iShares Bitcoin Trust (IBIT) within its Strategic Income Opportunities Portfolio. As of March 31, 2025, the $11 trillion asset manager held 2,123,592 shares of IBIT, valued at approximately $99.4 million. This represents a 25% increase from the 1,691,143 shares reported at the end of 2024. This strategic shift underscores BlackRock’s ongoing... Coinatory crypto news

Upcoming economic events 28 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:002 pointsFOMC Member Williams Speaks--------------------01:302 pointsConstruction Work Done (QoQ) (Q1)0.5%0.5%02:002 pointsRBNZ Interest Rate Decision3.25%3.50%02:002 pointsRBNZ Monetary Policy Statement--------------------02:002 pointsRBNZ Rate Statement--------------------02:102 pointsFed Waller Speaks--------------------03:002 pointsRBNZ Press Conference--------------------08:002 points... Coinatory

Solana Risks ‘One-Trick Pony’ Status Amid Memecoin Decline According to a recent Standard Chartered analysis, Solana, the high-performance layer-1 blockchain renowned for its cheap fees and quick transaction throughput, might be becoming an excessively memecoin-dependent platform. Despite Solana's technical advantages, the research paper dated May 27 cautions that its primary use case has becoming more limited. According to the paper, Solana "dominates in areas that demand high-volume, low-trans... cryptonews

Circle Files for $624M NYSE IPO, Targeting $6.7B Valuation Circle, the issuer behind USDC—the world’s second-largest stablecoin by market capitalization—has formally launched its initial public offering (IPO) with plans to list on the New York Stock Exchange (NYSE) under the ticker symbol “CRCL.” The offering will include 24 million shares of Class A common stock, priced between $24 and $26 per share, potentially raising up to $624 million and valuing the firm at approximately $6.7 billion on a fully di... Coinatory cryptocurrency news

Trump Media Seeks $3B for Bitcoin Investments Trump Media & Technology Group (TMTG), the entity behind former U.S. President Donald Trump's Truth Social platform, is reportedly preparing to raise $3 billion to acquire Bitcoin and other digital assets. The fundraising, expected to be split between $2 billion in equity and $1 billion in convertible bonds, signals a strategic pivot into cryptocurrency treasury management. According to individuals familiar with the matter, the equity por... Trump Media Seeks $3B for Bitcoin Investments

Nvidia Unveils Budget AI Chip for China Amid Export Sanctions In response to tighter U.S. export regulations that have limited sales of its high-performance models, Nvidia Corp. is getting ready to launch a new range of less expensive AI processors designed for the Chinese market. The new chips are expected to go into mass manufacturing in June, according to sources that Reuters cited. The upcoming chip is anticipated to retail for $6,500 to $8,000, which is far less than the $10,000 to $12,000 pri... cryptocurrency news today

Upcoming economic events 27 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious05:002 pointsBoJ Core CPI (YoY)2.3%2.2%08:002 pointsFOMC Member Kashkari Speaks--------------------12:302 pointsCore Durable Goods Orders (MoM) (Apr)-0.1%0.0%12:303 pointsDurable Goods Orders (MoM) (Apr)-7.9%9.2%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Mar)4.5%4.5%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Mar)----------0.7%14:003 pointsCB Consumer Confidence (May... cryptocurrency news

Bitcoin Surges Past $109K as Trump Delays EU Tariffs Bitcoin's price experienced a strong rebound, surpassing $109,000 after U.S. President Donald Trump announced a delay in implementing a proposed 50% tariff on European Union goods. The decision, made after discussions with European Commission President Ursula von der Leyen, extends the deadline to July 9, offering a temporary reprieve from escalating trade tensions. This development sparked renewed enthusiasm among risk assets, with Bitcoin r... Coinatory cryptonews

Trump’s Crypto Dinner Criticized Over Food and Speech A high-profile fundraising dinner hosted by former President Donald Trump for major holders of his TRUMP memecoin is making headlines—not for its political implications, but for what some guests are calling the “worst food” ever served at a Trump event. The exclusive event, which took place on May 22 at the Trump National Golf Club in Virginia, garnered a lot of attention because of its high buy-in rate; guests reportedly paid millions of memec... Coinatory news

Somnia Testnet Guide: Mint Free "Chuncked" NFT Somnia Testnet is a Layer 1 blockchain designed to support a fully on-chain ecosystem, with a strong emphasis on enhancing metaverse and Web3 experiences. It aims to build a smooth and connected virtual world by solving key issues like scalability and interoperability—especially important for real-time use cases like gaming and social platforms. Right now, you can mint a new NFT called "Chuncked" on the Nerzo website. It’s a great chance to s... Coinatory cryptocurrency news

Saylor Signals Fresh Bitcoin Buy as Strategy Eyes $10T Valuation Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has indicated plans for another significant Bitcoin acquisition, reinforcing the firm's bullish stance on the digital asset despite recent price corrections. On May 19, the company acquired 7,390 BTC for approximately $764.9 million, increasing its total holdings to 576,230 BTC. These holdings are now valued at roughly $59 billion, representing more than $21.8 billion in... Coinatory

Upcoming economic events 26 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious14:302 pointsECB President Lagarde Speaks-------------------- cryptonews

Crypto Investor Charged in NYC Kidnapping for Bitcoin Access John Woeltz, a 37-year-old cryptocurrency investor based in Manhattan, has been arrested and formally charged with multiple felonies, including kidnapping for ransom, in a chilling case that underscores growing security risks in the digital asset industry. Prosecutors allege that Woeltz abducted 28-year-old Michele Carturan, an Italian national, and held him captive for nearly three weeks inside a luxury SoHo townhouse reportedly rented for $... Crypto Investor Charged in NYC Kidnapping for Bitcoin Access

Justin Sun Backs Trump's Crypto Vision Amid Legal Scrutiny Tron founder Justin Sun has publicly aligned himself with former U.S. President Donald Trump’s ambition to position the United States as the global epicenter for blockchain innovation and cryptocurrency development. Sun’s declaration followed his attendance at a private dinner hosted at Trump National Golf Club in Virginia, an event reserved for top investors in the Official Trump memecoin ($TRUMP). Reports indicate Sun holds approximately $2... Coinatory crypto news

Coinbase Joins S&P 500 Amid Data Breach Fallout On May 19, 2025, Coinbase Global Inc. (NASDAQ: COIN) was officially added to the S&P 500, replacing Discover Financial Services following its acquisition by Capital One Financial. This milestone marks the first time a crypto-native company has met the index’s strict profitability, liquidity, and market capitalization standards — a signal of institutional acceptance for the broader crypto industry. More than a corporate victory, Coinbase’s... Coinatory cryptonews

Solana Envisions a Future of Universal Asset Ownership, Says Foundation Executive Blockchain technology could redefine global capital markets by democratizing access to investment opportunities, according to Akshay BD, the non-chief marketing officer (nCMO) of the Solana Foundation. Speaking at the Accelerate 2025 conference, Akshay asserted that Solana has the potential to "make everyone an investor or a dreamer over time." Addressing systemic issues in traditional finance, Akshay pointed to the growing disillusionme... Solana Envisions a Future of Universal Asset Ownership, Says Foundation Executive Coinatory

Bitcoin ETFs Surge with $2.75B Weekly Inflows U.S.-listed spot Bitcoin exchange-traded funds (ETFs) experienced a substantial capital influx of $2.75 billion over the past week, reflecting intensified institutional interest as Bitcoin continues to trade above the $108,000 threshold. This week's inflows were nearly 4.5 times the $608 million recorded the previous week, according to data from Farside. BlackRock’s iShares Bitcoin Trust (IBIT) was the standout performer, posting $430.8 ... crypto news today

Plasma Airdrop Guide: Bitcoin-Powered Stablecoin Platform Backed by $24M from Bybit Plasma is a fast, feeless payment platform built on Bitcoin. It lets users send USDT without paying any fees and can handle over 1,000 transactions per second. By using Bitcoin’s security, Plasma makes Bitcoin more useful for everyday payments and decentralized apps, offering a scalable and low-latency experience. Investments in the project: $24M Investors: Bybit, Bitfinex, Framework Ventures  Step-by-Step Guide: Go to Pl... cryptocurrency news Coinatory

Polygon Co-Founder Mihailo Bjelic Resigns from Foundation Board Mihailo Bjelic, co-founder of the Ethereum Layer-2 scaling solution Polygon, has formally stepped down from the board of the Polygon Foundation, signaling a continued leadership transition within one of the blockchain industry's most influential projects. The announcement was made via Bjelic's post on the social platform X on May 23, 2025. In addition to leaving the board, he noted that he will also wind down his day-to-day responsibilities w... crypto news today

Congress Probes Trump's $TRUMP Coin Dinner for Potential Legal Violations More than 30 members of the U.S. House of Representatives are urging the Department of Justice to investigate former President Donald Trump’s May 22 private dinner with top investors in the $TRUMP memecoin. Lawmakers allege that the event, held at Trump National Golf Club near Washington, D.C., may have violated the U.S. Constitution's Emoluments Clause and federal anti-bribery laws. In a formal letter to the DOJ’s Public Integrity Section, 3... cryptocurrency news

Bitcoin's Bullish Momentum: On-Chain Metrics Signal Continued Uptrend Bitcoin's recent ascent to an all-time high of $111,272 reflects a persistent bullish sentiment, reinforced by on-chain analytics and market dynamics. Current data highlights a dominant presence of buyers on exchanges, suggesting the potential for continued upward movement in BTC price. According to a 90-day Cumulative Volume Delta (CVD) analysis by CryptoQuant, buy-side activity has notably surpassed sell-side actions, indicating strong inve... Bitcoin's Bullish Momentum: On-Chain Metrics Signal Continued Uptrend Coinatory

Cetus Offers $6M Bounty After $220M Hack Spurs Sui Debate In a dramatic escalation following a major security breach, Sui-native decentralized exchange (DEX) Cetus has issued a $6 million white hat bounty in an attempt to recover over $220 million in stolen digital assets. The May 22 hack, one of the biggest in 2025, sparked a discussion about blockchain governance and decentralization across the sector. Although $220 million worth of bitcoin was taken, Cetus stated that it was able to freeze a... Coinatory

Hedra Airdrop Guide: AI Content Creation Platform Backed by $42M from a16z and Abstract Ventures Hedra Airdrop is an AI-powered content creation platform that enables users to generate high-quality videos, images, and audio using advanced generative models. Its flagship tool, Hedra Studio, integrates the Character-3 foundation model with leading AI technologies to streamline the content creation process for creators, marketers, and businesses. The project has received significant investment and offers great value to users. You can u... Coinatory news

Kraken Launches Tokenized U.S. Stocks for Global Clients Cryptocurrency exchange Kraken has announced the rollout of tokenized U.S. equities for non-U.S. clients, signaling a strategic expansion beyond traditional crypto offerings. This initiative, developed in partnership with Backed Finance, will leverage the Solana blockchain to deliver digital tokens backed 1:1 by actual shares, providing a seamless gateway to U.S. stock exposure for international investors. Branded as “xStocks,” the new produc... cryptonews today

Sui DEX Cetus Hit by $200M Exploit, Smart Contract Paused Cetus, a decentralized exchange operating on the Sui blockchain, is at the center of a suspected exploit that may have resulted in the loss of over $200 million in digital assets. On-chain data and cybersecurity experts suggest that the breach, which began unfolding on May 22, could be one of the most severe security incidents to hit a Sui-based platform. The alarm was initially raised by pseudonymous Web3 researcher COMDARE3, who report... Coinatory cryptonews

Upcoming economic events 23 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious08:302 pointsECB's Lane Speaks--------------------12:302 pointsBuilding Permits (Apr)1.412M1.467M14:003 pointsNew Home Sales (Apr)696K724K14:002 pointsNew Home Sales (MoM) (Apr)----------7.4%16:002 pointsECB's Schnabel Speaks--------------------17:002 pointsU.S. Baker Hughes Oil Rig Count--------------------17:002 pointsU.S. Baker Hughes Total Rig Count--------------------19:302 pointsCFTC Cru... Coinatory news

Bitcoin Approaches Cycle Peak: Analysts Predict Potential $69K Correction Bitcoin's record-setting rally has sparked fresh enthusiasm among investors, yet market analysts caution that the current bull run may be nearing its conclusion. Despite surpassing historical price milestones and attracting heightened institutional interest, a growing number of traders believe the rally is running on borrowed time. This week, Bitcoin reached an all-time high near $110,589, extending its gains by more than a third in the secon... Coinatory cryptocurrencies news

Sam Altman’s World Raises $135M from Andreessen, Bain to Scale Biometric ID Network Prominent venture capital firms Andreessen Horowitz and Bain Capital Crypto have contributed $135 million to World, the contentious digital identity business headed by OpenAI CEO Sam Altman. The investment will be used to assist the growth of the iris-scanning orb infrastructure both domestically and abroad. In a statement, the business affirmed its intentions to expand internationally and start operations in six American locations. Currently... cryptocurrency news Coinatory

BlackRock’s Bitcoin ETF Hits $530M Inflow as BTC Soars On May 21, BlackRock's iShares Bitcoin Trust (IBIT) saw $530.6 million, the largest one-day inflow in more than two weeks. The spike coincides with Bitcoin's continued fast price rise, which has brought it close to $112,000 and sparked a resurgence of institutional interest in spot Bitcoin ETFs located in the United States. IBIT's most recent inflow is the biggest since May 5, when it brought in $531.2 million, according to statistics fr... Coinatory cryptonews

Yield-Bearing Stablecoins Hit $11B Amid Regulatory Shift Yield-bearing stablecoins have experienced significant growth in 2025, with the market expanding from $1.5 billion at the start of the year to $11 billion, now representing 4.5% of the total stablecoin sector. This surge underscores growing demand for on-chain yield strategies in an era of elevated interest rates and increasing regulatory clarity. Leading the charge is Pendle, a decentralized finance protocol offering tokenized yield sol... Coinatory news

Bybit Megadrop: Stake Now to Secure Your Share of 4,000,000 ELDE Be among the first to explore ELDE — exclusively on Bybit Megadrop. This is your chance to engage with ELDE before it officially launches. By staking your tokens during the event, you can earn points and claim a share of the 4,000,000 ELDE prize pool. The more you stake, the more you can earn — all before the token is listed on the market. Snapshots will be taken at random times during this period. Event period: May 20, 2025, 12:00 UTC –... Coinatory cryptonews