Exclusive and in-depth articles
Published Articles 3,321
Kevin Hassett, director of the White House National Economic Council, said a deal with Iran could send global oil prices lower and give the Federal Reserve more room to cut interest rates. Hassett told Fox News on May 24 that energy prices would fall
Bitmine, led by Tom Lee, has seen unrealized losses on its Ether holdings widen as the cryptocurrency declines. Cointelegraph reported on May 24 that Ether’s recent drop to the low-$2,000 range pushed Bitmine’s unrealized loss to about $7.3 billion.
Analysis suggests selling pressure on XRP across exchanges is gradually easing. AMB Crypto reported on May 21 that XRP outflows from Binance and Coinbase have recently exceeded inflows. Higher exchange outflows are typically interpreted as a sign tha
Institutional and whale buying of Hyperliquid's HYPE token continues. Lookonchain said on May 21 that wallet address 0xBED9, believed to be linked to Galaxy Digital, bought a total of 158,100 HYPE over the past two hours. The purchases were worth abo
Elon Musk’s space company SpaceX has disclosed Bitcoin holdings that far exceed market estimates during the process of filing for an initial public offering. Cointelegraph reported on May 21 that SpaceX said in its S-1 registration statement for the
Net outflows continued in the U.S. spot Ether exchange-traded fund market. Farside Investors data released on May 21 showed U.S. spot Ether ETFs posted combined net outflows of $28.1 million in the previous session. BlackRock's ETHA led the declines
US spot-Bitcoin exchange-traded funds extended their run of net outflows. Data from Farside Investors showed the products posted net outflows totaling $70.5 million on May 20, marking a fourth straight trading day of withdrawals. BlackRock's IBIT acc
Bitcoin held above $77,000 as international oil prices stabilized, though outflows from U.S. spot exchange-traded funds and concerns about slowing growth remained a drag on the market. Cointelegraph reported on May 20 that Bitcoin had regained the $7
A public petition to South Korea’s National Assembly calling for the abolition of taxes on virtual assets, or cryptocurrencies, has surpassed 50,000 signatures, meeting the threshold for referral to a relevant parliamentary standing committee. Accord
Wallets linked to asset manager Grayscale recently appear to have made large purchases of Hyperliquid’s HYPE token. On-chain analytics platform Lookonchain said May 20 that two Grayscale-linked wallets bought and staked a combined 510,387 HYPE over t
NHN KCP said on May 21 that it will launch a proof of concept, or PoC, to test the viability of blockchain-based stablecoin payments. The pilot will run on a payments-focused mainnet built in partnership with Avalanche, the global blockchain platform
Hyperliquid's HYPE token rose back above $50 for the first time in about eight months, with market watchers attributing the rally to a large short squeeze. On-chain analytics firm Santiment wrote on X on May 20 that traders aggressively built short p
The US Securities and Exchange Commission has opened a public comment process for exchange-traded funds tied to prediction markets. On May 20, Bloomberg ETF analyst Eric Balchunas wrote on X that the SEC was seeking public comments on prediction-mark
Bitcoin reclaimed the $78,000 level as easing tensions in the Middle East and strong Nvidia results lifted risk appetite. As of 9:55 a.m. on May 21 in Seoul, Bitcoin was trading at $78,005.09 on Binance's USDT market, up 1.63% from a day earlier. On
International oil prices rose modestly after a steep selloff. Bloomberg reported on May 20 that West Texas Intermediate traded near $99 a barrel after tumbling more than 5% a day earlier. Brent closed near $105 a barrel. The sharp drop had been drive
Today’s Key Economic Events ▶ May 21 (Thursday): US May Philadelphia Fed Manufacturing Index (9:30 p.m. Korea Standard Time); US initial jobless claims (9:30 p.m. Korea Standard Time); US April housing starts and building permits (9:30 p.m. Korea Sta
The Federal Reserve is broadening its review of a limited form of payment account. CoinDesk reported on May 20 that the Fed released a new proposal for limited-purpose payment accounts and opened a 60-day public comment period. The account is a scale
Bitcoin is tracing a pattern similar to the one seen during the 2022 bear market, according to CryptoQuant. The Block reported on May 20 that Julio Moreno, CryptoQuant’s head of research, wrote in a report that Bitcoin’s current price action closely
Elon Musk's space company SpaceX has publicly filed for an initial public offering, formally launching its listing process. Bloomberg reported on May 20 that SpaceX is pursuing a Nasdaq listing and has submitted IPO paperwork to the US Securities and
South Carolina is set to formally enact a bill protecting the right to self-custody Bitcoin. Cointelegraph reported on May 20 that South Carolina Governor Henry McMaster recently signed Senate Bill S.163. The bill protects an individual's right to Bi
Wallets linked to venture capital firm a16z Crypto are continuing to accumulate Hyperliquid's HYPE token in size. Wu Blockchain reported on May 20, citing on-chain analyst ai_9684xtpa, that the wallets may now rank around sixth by HYPE holdings. Excl
U.S. spot Ether exchange-traded funds recorded more than $62 million in net outflows in a single day. Trader T data showed U.S. spot Ether ETFs posted total net outflows of $62.27 million on May 19. The withdrawals extended the streak of net outflows
U.S. spot-Bitcoin exchange-traded funds extended their stretch of net outflows. U.S. spot-Bitcoin ETFs posted total net outflows of $331.03 million on May 19, according to Trader T. It was the third straight trading day of net withdrawals. Most of th
The market for tokenized real-world assets, or RWAs, has surpassed $65 billion. The Block reported on May 19 that the total market capitalization of RWAs had risen to more than $65 billion from about $45 billion at the start of the year, an increase
Truth Social, the social media platform linked to US President Donald Trump, has withdrawn its filing for a spot Bitcoin exchange-traded fund. Bloomberg ETF analyst James Seyffart wrote on X on May 19 that Truth Social had pulled the application. Sey
A recent analysis suggests large Ethereum holders have been trimming positions or consolidating wallets. Crypto analyst Ali Martinez wrote on X on May 19 that about 60 Ethereum whale addresses holding more than 10,000 ETH had either fully emptied the
A wallet linked to crypto custody and banking firm Anchorage Digital has been aggressively accumulating Hyperliquid's HYPE token. Onchain Lens said on May 19 that the Anchorage-linked wallet recently withdrew about 121,099 HYPE, worth about $5.87 mil
Solana remained under pressure as network activity slowed and competitive pressures intensified, Cointelegraph reported. Cointelegraph reported on May 19 that Solana has fallen about 15% since failing to break above $98 on May 11. The token retested
Anna Paulson, president of the Federal Reserve Bank of Philadelphia, said the Fed should keep interest rates unchanged for now. Bloomberg reported on May 19 that Paulson, in prepared remarks for an event hosted by the Federal Reserve Bank of Atlanta,
The US government has transferred some of the cryptocurrency seized from FTX and Alameda Research to Coinbase. Onchain Lens said on May 19 that a US government wallet moved about 319 Ether, worth roughly $673,000, and about $933,774 in stablecoins in