24/7 Blockchain industry dynamics and breaking crypto news
The SEC Chairman is soliciting public feedback on 'Prediction Market ETFs,' a novel financial product. Regulators are proceeding cautiously, aiming to thoroughly understand its mechanisms and risks before any potential approval, marking a critical phase in its evaluation.
Read MoreSouth Korea's benchmark KOSPI index surged by 6% on May 21, driven by positive market sentiment. The sharp rise followed Samsung Electronics' last-minute preliminary wage agreement with its union, which successfully averted a potentially disruptive strike, removing a key uncertainty for the tech sector.
Read MoreBitcoin has surged past the $78,000 mark, setting a new all-time high with a 1.65% gain in 24 hours. Market volatility is high, prompting calls for careful risk management as the digital asset landscape evolves.
Read MoreDASH has broken through the key $50 resistance level, currently trading around $50.08. The cryptocurrency recorded a significant 19.2% price increase in the past 24 hours, indicating heightened market volatility. Traders are advised to exercise caution.
Read MoreNewly unsealed court documents allege that trading firm Jane Street obtained confidential information about the Terra ecosystem through private channels, enabling them to short the UST stable币 before its collapse and reportedly secure profits exceeding $134 million. The case raises serious questions about market fairness in crypto.
Read MoreOn-chain analytics reveal wallets linked to Anchorage Digital have executed another major HYPE token withdrawal from leading exchanges. This continues a month-long accumulation spree, totaling over 2.5 million tokens valued around $140 million, all subsequently staked, signaling strong long-term conviction.
Read MoreSui Network has launched gas-free stablecoin transfers, eliminating fees for users and businesses. Supported by Fireblocks, this upgrade covers major stablecoins and leverages a new account balance system to streamline on-chain payments, positioning Sui as a core infrastructure for enterprise and fintech applications.
Read MoreUS Treasury Secretary Betsent asserts that current spikes in energy prices, inflation, and bond yields driven by geopolitical conflicts are temporary. He predicts a natural decline once tensions ease and shipping lanes reopen, viewing some central bankers' tough talk as precautionary rhetoric.
Read MoreGold prices dipped slightly in early Asian trading on May 21 as US Treasury yields edged higher, pressuring the non-yielding asset. Analysts note gold's near-term path is tied to yield movements, with limited upside while rates remain elevated. Spot gold fell 0.1%.
Read MoreOn Thursday, May 21st, major Asia-Pacific markets opened strongly. Japan's Nikkei 225 rose over 1%, while South Korea's KOSPI surged nearly 4% at the open, reflecting robust investor confidence and risk appetite.
Read MoreRipple Prime integrates with EDX Markets, enabling institutional clients to access its spot and perpetuals liquidity. Future plans include utilizing RLUSD for settlement and collateral, marking a significant enhancement for institutional crypto services.
Read MoreAnthropic has agreed to pay SpaceX nearly $450 billion over several years for critical computing resources to power its Claude AI system, according to a recent disclosure. The deal, which can be terminated with 90 days' notice, marks a massive investment in AI infrastructure.
Read MoreAs HYPE's price approaches $50, on-chain data reveals a whale using 5x leveraged long positions has unrealized profits exceeding $21.4 million. In contrast, a trader aggressively adding to short positions faces over $17 million in paper losses, highlighting intense market volatility.
Read MoreOndo Finance has announced its total market value of tokenized stocks has exceeded $1.5 billion, with nearly half of that growth occurring in just the last 90 days.
Read MoreElon Musk revealed that SpaceX is now providing massive-scale AI computing services and is in talks with multiple companies for similar deals. He highlighted a future vision of "orbital data centers" to deliver unprecedented computational power, signaling a major expansion from space transportation to core infrastructure services.
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