24/7 Blockchain industry dynamics and breaking crypto news
GXD Labs and EquitiesFirst have settled claims related to loans to bankrupt Celsius Network for $500 million, ending litigation. This marks a pivotal step in the complex bankruptcy proceedings where GXD Labs plays a key recovery role.
Read MoreOn-chain activity reveals a leading crypto asset manager executed a substantial purchase of HYPE tokens, investing approximately $10.11 million. This move adds to a significant existing position, highlighting continued institutional interest in this digital asset.
Read MoreAccording to the New York Post, President Trump will convene a key cabinet meeting this Wednesday to discuss updates and potential adjustments to U.S. economic and foreign policy, signaling a potential shift in administration priorities.
Read MoreOn May 26, Micron Technology's stock surged 12.09% to $841.76, driving its market capitalization to $950 billion and setting a new all-time high. This rally underscores robust market confidence in memory chip demand.
Read MoreA core disagreement in Iran-US talks centers on unfreezing Iran's overseas assets. Iran insists no deal is possible until funds are transferred. While progress is reported, Iran remains wary due to past U.S. actions and claims readiness for all scenarios.
Read MoreU.S. stocks opened higher across the board, with the Dow, Nasdaq, and S&P 500 all advancing. The market spotlight was on the strong performance of space-related stocks and the semiconductor sector, fueling positive sentiment. Some China-concept stocks also showed notable activity.
Read MoreBitcoin faces notable volatility, falling below the key $77,000 support level to trade near $76,990, marking a 0.47% drop in 24 hours. Increased market fluctuations call for close monitoring and prudent risk management amid potential adjustments.
Read MoreEvening of May 26th saw a mix of regulatory actions and institutional moves in crypto. Spain restricted prediction markets, while major firms actively accumulated assets and expanded support. Investment products faced outflows, yet significant Bitcoin and Ethereum purchases indicated underlying confidence amid market complexity.
Read MoreMicron Technology (MU.O) surged 8.4% in pre-market trading following a dramatic price target increase from UBS. The bank's bullish revision signals strong institutional confidence in the memory chip giant's prospects, potentially indicating a positive shift in the industry cycle and attracting significant investor interest.
Read MoreSharplink (SBET) has announced its inclusion in the Russell 2000 and Russell 3000 indexes, effective June 29. This significant milestone highlights the company's growth and is expected to enhance its visibility and attract broader institutional investor interest.
Read MoreForward Industries, a Nasdaq-listed company and key Solana treasury entity, announced its upcoming inclusion in the Russell 2000 and 3000 indexes in June 2026. This move is designed to broaden its investor base and enhance stock liquidity.
Read MoreAs of May 25, crypto asset manager BitMine holds over 5.39 million ETH, adding more than 110k last week, representing 4.47% of total ETH supply. Its total managed assets are valued at $12.3 billion, including BTC, equity stakes, and substantial cash reserves.
Read MoreA company recently executed a significant financial maneuver, repurchasing $1.5B in 2029 notes for approximately $1.38B in cash. This debt reduction strategy freed up capital, a portion of which was allocated to acquire additional Bitcoin, underscoring a strategic pivot towards digital assets.
Read MoreStrive has significantly increased its Bitcoin holdings, purchasing 1,109 BTC for approximately $85.4 million, raising its total to 16,500. This major investment underscores strong institutional confidence in the long-term value of cryptocurrency.
Read MoreSpanish authorities have initiated disciplinary proceedings and ordered ISPs to block access to two major prediction market platforms. The action cites lack of required gambling licenses and insufficient protections for minors and vulnerable users. The block will remain during the legal process.
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