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Showing posts from May, 2025

Crypto Whales Move $693 Million Worth of Chainlink (LINK)

Although the first four months haven’t gone as many expected, there is a belief that a crypto market rally is close. That could be the case for Chainlink (LINK), as whale activity around the asset has surged by triple-digit percentages. Indeed, according to on-chain data, LINK has seen a 299% surge in whale moves over the last 24 hours, with the rest of the crypto market falling. According to IntoTheBlock data, Chainlink’s large transaction volume, which indicates whale activity, increased by 299% in the last 24 hours, reaching 6.71 million LINK, or $101.4 million. This comes as leading coins like BTC and ETH were down on Friday. Chainlink had a rough week, falling 11% in the past seven days. The recent moves, hence, could be a mix of panic selling or swooping up the asset at a low price. The latter could give LINK a much-needed rebound heading into the weekend. A combination of macroeconomic uncertainty, profit-taking, and crypto whale liquidations led to a $703 million liquidati...

Kazakhstan Unveils First 'CryptoCity', Full Crypto Payments Enabled

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Kazakhstan has officially spearheaded the launch of its first CryptoCity, and this groundbreaking initiative catalyzed full crypto payments across various major sectors. President Kassym-Jomart Tokayev pioneered this digital asset hub during the Astana 2025 International Forum, accelerating blockchain adoption through several key regulatory frameworks. The pilot zone in Alatau has revolutionized AI and crypto integration under government supervision, right now positioning Kazakhstan among numerous significant regional leaders. Also Read: Crypto Tourism Coming to Thailand: Digital Wallet Spending To Begin Soon CryptoCity Powers Blockchain Growth, AI Expansion, And Payments Source: Watcher.Guru Kazakhstan’s CryptoCity Launches as Presidential Priority President Tokayev engineered the CryptoCity initiative at the international forum, and this announcement has transformed blockchain adoption across multiple essential market segments. The regulatory sandbox has instituted various majo...

Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus

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Sui ETF Hits Nasdaq: 21Shares Sparks 50%+ Rally to $6

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Sui ETF developments have reached a crucial milestone as 21Shares officially files with Nasdaq to list the first spot Sui ETF in the United States. This regulatory filing has triggered significant cryptocurrency market volatility around SUI tokens, with current investment risks being weighed against the potential for substantial gains. Early SUI price prediction models suggest the token could reach $6 by summer, representing a potential 50%+ rally from current trading levels amid ongoing Nasdaq listing procedures. BREAKING: 21Shares files the first-ever SUI ETF on Nasdaq! The filing, under Section 19(b)(2) of the Securities Exchange Act, marks a key step toward potential SEC approval. Bullish for $SUI! pic.twitter.com/IA3Dyk1QdS — Coin Bureau (@coinbureau) May 27, 2025 Navigating Sui ETF Nasdaq Listing Amid Cryptocurrency Market Volatility Source: X 21Shares Leads Historic Sui ETF Filing Wave The financial landscape shifted dramatically on May 27, 2025, when 21Shares submitted its For...

Here’s why GameStop stock is surging

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GameStop (NYSE: GME) stock is up 2.2% in premarket as of time of publication, riding the momentum seeing GME shares climb 25.57% in a week. GME premarket stock performance. Source: Google Notably, GameStop has taken another bold step into the cryptocurrency space, announcing the acquisition of no less than 4710 Bitcoin (BTC) for $513 million. While the exact financial details are not available, the investment seems to highlight GameStop’s confidence in digital currencies. Recall that the games retailer also announced a $1.3 billion debt offering to fund its BTC acquisition just two months ago. The company appears to be doing better financially, so it can probably afford such exuberance. After all, it boasts a market cap of $15.66 billion, and its expected earnings per share for the current quarter are about +125% year-over-year. GameStop is diversifying More generally, the retailer has been diversifying a lot recently, especially in e-commerce. CEO Ryan Coh...

ANALYSIS: Mapping Donald Trump’s growing crypto empire

Donald Trump, the president of the United States and convicted felon, has embraced crypto. He’s expanded his personal business ventures into the industry and has found ways to embrace it from the Oval Office, issuing executive orders and promising legislation. Protos has tried to summarize the various connections between the cryptocurrency industry and the president’s family.  This raft of projects shows the willingness of the Trump family to cash in on their name. World Liberty Financial World Liberty Financial purports to be a DeFi-focused firm that has launched a stablecoin and maintains a portfolio of tokens.  The project named Donald Trump Sr. as its “chief crypto advocate” and his three sons as its “Web3 ambassadors.” Donald Trump Jr. and Eric Trump, two of the aforementioned sons, were previously implicated in an investigation of the Trump Organization that resulted in the brothers receiving a ban from serving as ...

Bitcoin up over 580% since Joe Rogan guest claimed it had ‘no intrinsic value’

When geopolitical analyst Peter Zeihan appeared on the Joe Rogan Experience , he made headlines for calling Bitcoin fundamentally worthless, stating that it had “no intrinsic value” and was “actually worth negative $1,000.”  At the time, Bitcoin was trading at around $16,000 on January 7, 2023. “It has another $17,000 to go down,” Zeihan said during the podcast. “There’s no intrinsic value to this product.” He argued that the rise of crypto was more ideological than financial. “Whenever you invest based on an ideology, you’re going to make some decisions that are a little divorced from math,” he added.  Zeihan described the crypto movement as a belief system rooted in decentralization:  “The people who really like crypto are convinced that it’s the currency of the future, that a decentralized ledger is the way to go, and that anything controlled by a government entity is by definition negative. And if it’s done by the private ...

U.S. politician just made a super supicious crypto trade

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Representative Guy Reschenthaler has disclosed a recent sale of Solana (SOL), according to a new congressional trade filing tracked and reviewed by Finbold. The transaction, filed on May 20, shows that Reschenthaler sold between $1,001 and $15,000 worth of SOL on May 12, a day when Solana was trading at approximately $170.48.  Currently, SOL is trading at $177.99, meaning the lawmaker exited just ahead of a small upward move in the token’s price. SOL price performance since May 12. Source: Finbold The filing is part of the routine public disclosures required under the STOCK Act, which mandates that members of Congress report financial trades within 45 days. In this case, the disclosure came eight days after the trade, well within the legal window, but notable given the ongoing debate around lawmakers trading cryptocurrencies and other volatile digital assets. Why did Reschenthaler buy Solana? Solana, which has gained renewed attention in 2025 for its role i...

Top Trending Cryptos on Solana Chain Today – QuStream, eZ1, YAKU

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BlackRock’s notable acquisition of roughly $430.8 million worth of Bitcoin indicates ongoing faith in the asset’s potential for growth. The Relative Strength Index (RSI) and other technical indicators indicate that Bitcoin is currently overbought, which may be the precursor to a brief decline. Why is there so much interest in the current crypto scene? QuStream, eZ1, and YAKU are rapidly becoming the most talked-about digital assets, gaining traction on trading platforms and online communities. Whether you’re interested in cutting-edge AI, immersive metaverse experiences, or future streaming technology, each of these tokens has something special to offer. However, what distinguishes them, and why are they currently popular? Top Trending Cryptos on Solana Chain Today QuStream’s innovative approach to real-time content streaming is causing a stir, and eZ1’s goal of making software development easier is drawing notice. Then, there is YAKU, a token that redef...